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Wells Fargo & Company entered into a definitive agreement to sell the assets of the company’s rail equipment leasing business to a newly formed joint venture between GATX Corporation and Brookfield Infrastructure. The transaction is expected to close... Read Story

Filed Under: Rail
May 30, 2025 @ 08:03 AM

Kashable, a mission-driven fintech platform Redefining Credit for Working Americans as an employer-sponsored voluntary benefit, announced the closing of a $250 million credit facility. This financing will allow Kashable to continue to provide... Read Story

Filed Under: FinTech
May 30, 2025 @ 08:00 AM

Sunrise Realty Trust (“SUNS”), a lender on the TCG Real Estate platform, announced the expansion of its senior secured revolving credit facility with the addition of EverBank. EverBank has committed $50 million to the facility, bringing total... Read Story

Filed Under: Lender Finance
May 30, 2025 @ 07:47 AM

Alvarez & Marsal (A&M) announced the appointment of Richard H. Chen as a Managing Director within its Private Equity Performance Improvement (PEPI) group. Chen, a recognized end-to-end value creation expert for private equity (PE), will lead... Read Story

May 30, 2025 @ 07:45 AM

Frontier Infrastructure Holdings, a leading developer of low-carbon infrastructure across the Mountain West and Texas, announced a series of strategic developments that reinforce its leadership in scalable power generation. These include the... Read Story

Filed Under: Energy
May 30, 2025 @ 07:30 AM

Exchange Bank announced the promotion of Ali Spitzer to Senior Vice President and Chief Credit Officer, recognizing her outstanding leadership and continued contributions to the Bank’s long-term success.Spitzer brings a wealth of experience to the... Read Story

May 30, 2025 @ 07:04 AM

Tiger Group will be hosting an online auction on June 11 for the assets of Shine Solar, a multi-state installer of residential and commercial solar systems that filed for Chapter 7 Bankruptcy in the Western District of Arkansas (Fayetteville) under... Read Story

Filed Under: Auction News
May 30, 2025 @ 07:00 AM

Pagaya Technologies, a global technology company delivering AI-driven product solutions for the financial ecosystem, announced the launch of POSH (Pagaya Point of Sale Holdings Trust), a new asset-backed revolving securitization program focused on... Read Story

Filed Under: Industry News
May 30, 2025 @ 07:00 AM

Cambridge Savings Bank (“CSB”), a full-service mutual bank with a customer-first approach and $7 billion in assets, announced that its Asset-Based Lending (“ABL”) team has provided a $5 million revolving line of credit to Global Printing & Packaging... Read Story

Filed Under: Packaging
May 29, 2025 @ 08:00 AM

VOX Funding announced closing a $150 million credit facility with Raven Capital, a New York-based investment firm specializing in asset-based direct lending.This transaction marks a major milestone in VOX Funding’s ongoing expansion and reflects the... Read Story

Filed Under: Lender Finance
May 29, 2025 @ 07:54 AM