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SG Credit Partners announced the launch of SG Commercial Finance (“SG CF”) and the hiring of career ABL executives John Nooney and Mark Pickering to lead the group.  SG Commercial Finance is a new vertical under the SG umbrella formed to originate... Read Story

Filed Under: Industry News
June 13, 2024 @ 08:00 AM

SLR Business Credit funded a $7.5 million credit facility for a leading manufacturer in the artisanal baked goods industry experiencing rapid growth and increasing sales. This financial support is aimed at bolstering the company's working capital and... Read Story

June 13, 2024 @ 07:55 AM

Rosenthal & Rosenthal completed two factoring transactions totaling $6.5 million and $25 million in factoring volume.  A New Jersey-based home goods and apparel company was looking to establish a new product line that would be sold to major retailers... Read Story

Filed Under: Factoring News
June 13, 2024 @ 07:45 AM

Alvarez & Marsal (A&M) announced the appointments of James Guyton, Frank Orlowski and Rena Rosenberg, as Managing Directors within its rapidly expanding Life Sciences (LS) business unit. These strategic hires underscore A&M’s commitment to provide... Read Story

June 13, 2024 @ 07:42 AM

Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of ZeroFox Holdings, Inc. (“ZeroFox”) by private equity sponsor Haveli Investments.ZeroFox is an enterprise... Read Story

Filed Under: Technology
June 13, 2024 @ 07:36 AM

Dwight Funding announced several new portfolio companies across various categories in CPG. With its specialized approach, Dwight continues to attract top-tier brands in Beauty, Food & Beverage, Apparel, and General Consumer sectors, offering reliable... Read Story

June 13, 2024 @ 07:17 AM

Figure Technology Solutions, a technology platform streamlining the private credit and housing markets, announced the launch of Figure Connect, a first-of-its-kind blockchain-based multi-seller, multi-buyer marketplace of private credit loans.Figure... Read Story

Filed Under: Industry News
June 13, 2024 @ 07:00 AM

Lathrop GPM announced that partner Laurie Huotari has rejoined the firm's Business Transactions Practice Group in Minneapolis."With substantial experience across a range of corporate matters, Laurie is a high caliber, strategic addition to our... Read Story

June 13, 2024 @ 06:00 AM

Coach USA commenced voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the District of Delaware to facilitate sale processes to preserve jobs, ensure continued service and maximize the value of its businesses. As part of the... Read Story

Filed Under: Bankruptcy
June 12, 2024 @ 08:00 AM

Wintrust Business Credit (WBC) announced a line increase to $11,000,000 for their existing client. This line increase was used by the client to support the acquisition of a Minnesota-based distributer of premium fresh seafood. WBC’s existing client... Read Story

Filed Under: Food Distribution
June 12, 2024 @ 07:52 AM