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Week's News

Ares Management Corporation announced that funds managed by its Credit Group closed approximately $9.3 billion in U.S. direct lending commitments across 71 transactions during the first quarter of 2024 and approximately $29.6 billion in direct... Read Story

Filed Under: Private Equity
May 02, 2024 @ 08:05 AM

The majority of today's business leaders expect to see revenue growth this year, with 32% believing revenues will grow by more than 10%, according to the 2024 Working Capital Survey from C2FO, the world's on-demand working capital platform.While most... Read Story

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May 02, 2024 @ 08:00 AM

SLR Credit Solutions (“SLR CS”) closed a $50 million senior credit facility comprised of a revolver and term loan for Fluent, Inc., a leader in performance marketing, delivering customer acquisition and partner monetization solutions through its... Read Story

Filed Under: Marketing
May 02, 2024 @ 07:47 AM

Republic Business Credit announced the addition of Brian Resutek as Senior Vice President, Southeast Regional Manager. Resutek brings nearly two decades of experience in factoring, commercial finance, banking and business development. He joins a team... Read Story

May 02, 2024 @ 07:41 AM

Solifi announced that Kasey Hobson has been recognized for her achievements in the secured finance industry in the SFNet 40 Under 40 Awards.“Featuring on the list of winners for the SFNet 40 Under 40 award is a great honor,” says Hobson. “I am... Read Story

Filed Under: Industry News
May 02, 2024 @ 07:29 AM

King Trade Capital (“KTC”) announced a $4.5MM purchase order line increase for an existing client in the aircraft parts business. The aircraft parts company initially received a PO finance solution from King Trade Capital to help execute upon the... Read Story

Filed Under: Aircraft
May 02, 2024 @ 07:14 AM

Houlihan Lokey announced that Erik Kistler has joined the firm’s Healthcare Group as a Managing Director. Based in New York, Kistler will cover selected areas within healthcare retail multi-site, physician practices, and pharma services.Kistler joins... Read Story

May 02, 2024 @ 07:14 AM

SLR Digital Finance funded a $4,000,000 credit facility for a New York based lead generation and digital marketing specialist, recognized as one of the fastest-growing private companies in America. The recipient of the 2023 Inc. 5000 designation, the... Read Story

Filed Under: Marketing
May 02, 2024 @ 07:09 AM

LSQ originated a $3.5 million account receivable credit facility for a staffing firm serving the hospitality and IT industries.The company was referred to LSQ by a bank partner. The additional working capital will be used to support their rapid... Read Story

Filed Under: Staffing Services
May 02, 2024 @ 07:05 AM

Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility and equity co-investment to support the acquisition of LidoChem, Inc. by Valudor Products, LLC. Based in Encinitas, CA, Valudor Products is... Read Story

Filed Under: Chemicals
May 02, 2024 @ 07:02 AM