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Runway Growth Capital announced a $40 million commitment to CarNow, a live-data automotive technology platform that helps dealers elevate the car-buying experience by transforming the way they connect with customers.This strategic investment will... Read Story

Filed Under: Automotive
April 17, 2024 @ 08:00 AM

Aequum Capital funded $9,100,000 in credit facilities to a leading regional provider of metal stamping and fabrication solutions. The credit facilities support the company's ongoing working capital and future growth needs with a revolving line of... Read Story

Filed Under: Manufacturing
April 17, 2024 @ 07:51 AM

eCapital Corp. closed a $7 million asset-based lending deal with a Michigan-based business services provider. This transaction, finalized in late March, highlights eCapital's powerful referral network and dedication to boosting SMB... Read Story

Filed Under: Business Services
April 17, 2024 @ 07:51 AM

Republic Business Credit provided a $6.75 million asset-based loan to an award-winning temporary staffing company that outgrew its current bank lender.  The Tennessee-based company provides staffing solutions for light industrial, administrative... Read Story

Filed Under: Staffing Services
April 17, 2024 @ 07:47 AM

LSQ originated a $25 million invoice finance facility for the U.S. operations of a global pharmaceutical manufacturer.The company was referred to LSQ by a broker partner when the client outgrew its existing line of credit with its bank partner. The... Read Story

Filed Under: Pharmaceuticals
April 17, 2024 @ 07:45 AM

SG Credit Partners, through its SG Software + Technology division, announced its partnership with RANE Network, a risk intelligence company. RANE's platform helps organizations identify, manage and mitigate operational risks with network insights... Read Story

Filed Under: Technology
April 17, 2024 @ 07:30 AM

Celtic Capital Corporation announced its most recent new client relationship – a job shop manufacturer of large, high-quality metal gears used in various industries such as automotive and aerospace. This Company, in business since 1981, has suffered... Read Story

Filed Under: Manufacturing
April 17, 2024 @ 07:14 AM

Stellus Capital Management announced that its affiliates provided senior debt financing to support the growth of Med Learning Group, LLC (“MLG”), a full-service medical education company backed by DW Healthcare Partners.MLG is an accredited online... Read Story

Filed Under: Education
April 17, 2024 @ 07:10 AM

Red-Syndicate Finance recently executed a $21.9MM facility in senior secured financing to Dynamic Farms. Dynamic Farms is a fully integrated cannabis operator that oversees a cultivation farm in New Jersey, as well as operates three full-service... Read Story

Filed Under: Cannabis
April 17, 2024 @ 07:00 AM

First Horizon Corporation announced Thomas Hung, Executive Vice President, Head of Franchise Finance, will be named Senior Executive Vice President, Chief Credit Officer, effective Oct. 1, 2024. Hung will succeed Susan Springfield, Senior Executive... Read Story

April 16, 2024 @ 08:15 AM