Crayhill Capital Management, a $3 billion alternative asset management firm specializing in asset-based finance, announced the close of Crayhill Principal Strategies Fund III (“Fund III”) with approximately $1.31 billion of capital commitments, including $162 million of committed co-investment capacity, exceeding its $1 billion target. The oversubscribed flagship Fund III attracted a diversified base of institutional investors, including large public and corporate pension plans, insurance
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April 17, 2025 @ 08:05 AM
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Great Elm Commercial Finance announced the launch of a new, enhanced asset-based loan product designed to help small to middle market businesses navigate the financial strain of a higher tariff environment.“As tariff pressures continue to affect the cost of imported goods, we're introducing a loan product that provides higher advance rates on imported products and inventory,” said Michael Keller, CEO of Great Elm Commercial Finance. “This offering reflects our ongoing commitment to helping U.S.
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April 17, 2025 @ 08:15 AM
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SG Credit Partners, through its Consumer Products division, is riding a wave of momentum from its newest partnership with Hiyo, a non-alcoholic “social tonic” using a blend of functional ingredients, including adaptogens, nootropics, and botanicals. The announcement comes shortly after Hiyo closed a Series A round led by Constellation Brands. SG’s debt facility will support the brand’s continued growth in the retail sector as more consumers consider alcohol alternatives.“We are grateful for the
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April 18, 2025 @ 08:10 AM
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TAB Bank closed a $4 million asset-based lending (ABL) and $2.5 million equipment loan with HydroEdge Solutions, a leading water transfer and fluid management services provider for the energy industry. This capital will allow HydroEdge Solutions to expand its operations, furthering its commitment to efficiency, safety and sustainability.HydroEdge Solutions, based in Canonsburg, PA, specializes in delivering fluid management solutions, ensuring the seamless transfer of fluids from the source to
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April 18, 2025 @ 08:00 AM
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eCapital Corp. announced the renewal and upsizing of commitments under its core factoring facility from $725 million to $917 million. This expansion brings the company’s total bank facility commitments to just over $2.1 billion. The core facility, structured as a three-year agreement, is agented and syndicated by Wells Fargo.The $192 million increase highlights the strength of the longstanding partnership between eCapital and its bank group. As one of several key funding sources, the facility
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April 17, 2025 @ 08:08 AM
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