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WSFS Financial Corporation, the parent company of WSFS Bank, announced that David Burg will join the Company as Executive Vice President, Chief Financial Officer on August 15, 2024. In this role, Burg will be responsible for leading the Company's... Read Story

May 22, 2024 @ 08:00 AM

Amerisource Business Capital closed and funded a $16,000,000 revolving credit facility for a transportation and logistics company based in Texas. The proceeds were used to refinance the company’s existing bank revolver to provide greater liquidity... Read Story

Filed Under: Logistics
May 22, 2024 @ 07:59 AM

WhiteHawk Capital Partners entered into an agreement with MediaCo Holding, Inc. (“MediaCo”) to provide a $45 million first lien term loan facility on April 17th, 2024. MediaCo used proceeds of the Facility to finance an acquisition of Estrella... Read Story

Filed Under: Media
May 22, 2024 @ 07:50 AM

eCapital funded a $3.5 million factoring facility for an esteemed book publishing company. This transaction reinforces eCapital's commitment to delivering competitive finance solutions and demonstrates the expertise of its dedicated team in... Read Story

Filed Under: Publishing
May 22, 2024 @ 07:48 AM

Churchill Asset Management and Arcmont Asset Management, the U.S. and European asset management companies of Nuveen Private Capital, announced the continued expansion of their U.S. client coverage capabilities with the appointment of Marc Gonyea and... Read Story

May 22, 2024 @ 07:47 AM

Republic Business Credit is expanding its Houston office to support the firm’s regional leader and SVP, Business Development, Houston, William Kemp. This expansion will boost Republic’s client base and help the company take on new factoring and... Read Story

May 22, 2024 @ 07:45 AM

LSQ announced a strategic supply chain finance partnership with Ecobat, a leader in sustainable energy solutions. This collaboration marks a pivotal moment in bolstering supplier health and generating vital working capital for Ecobat.Ecobat’s... Read Story

Filed Under: Specialty Industries
May 22, 2024 @ 07:36 AM

A Tiger Group online auction on May 30 gives fleet operators, repair shops, carmakers and other potential buyers the chance to bid on $10 million in parts, tools, equipment and EVs formerly owned by Lightning eMotors. The Loveland-based company... Read Story

Filed Under: Auction News
May 22, 2024 @ 07:00 AM

The Hedaya Capital Group provided a $1 million factoring facility to a footwear company that created a new category in the space with a shoe that sits at the intersection of the driving loafer and the boat shoe. Based in Dallas, the lightweight... Read Story

Filed Under: Apparel
May 22, 2024 @ 06:00 AM

Webster Bank announced that Jeffery Wacker has joined the bank’s Asset Based Lending division as Managing Director of Large Corporate Asset Based Lending (ABL) Originations. In his role, Wacker will have geographic coverage responsibility for the... Read Story

May 21, 2024 @ 08:00 AM