Crayhill Capital Management – a $3 billion alternative asset management firm specializing in asset-based finance – announced the closing of Crayhill Principal Strategies Fund III with about $1.31 billion of capital commitments, including $162 million of committed co-investment capacity, exceeding its $1 billion target.

Maxim Commercial Capital (“Maxim”) announced exceptionally strong results for the first quarter of 2025, reporting a 150% increase in funding volume over the prior year’s period. Maxim is a national provider of loans and leases from $10,000 to $3 million collateralized by class 6 and 8 trucks, trailers, heavy equipment for the construction and agriculture industries, and real estate.

Mountain Ridge Capital ("MRC") is pleased to announce the closing of a $8.0 million senior secured credit facility to a New York based consumer products company. The MRC facility will be utilized for working capital purposes to achieve growth/operational objectives. MRC differentiated itself from competitors by providing certainty to close in an expedited time frame.

KCP Advisory Group, a leading turnaround consulting firm specializing in business advisory and financial restructuring, is pleased to announce that HBM Management Associates has officially joined the KCP team. This strategic move brings a group of senior professionals with deep turnaround and operational expertise into the firm, significantly enhancing KCP’s capabilities in guiding clients through complex challenges.

Assembled Brands Capital has provided Birddogs, a high-growth menswear brand with a strong direct-to-consumer footprint, with a new flexible credit facility. The financing will support Birddogs’ expansion into wholesale channels and continued omnichannel growth.

Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced the upsize of its leverage facility with KeyBank National Association, one of the nation's largest bank-based financial services institutions. The leverage facility, agented by KeyBank, provides more than $700 million of capital and includes the recent additions of new lending partners, OceanFirst Bank N.A. and HomeStreet Bank.

Nassau Financial Group (“Nassau”), a leader in Connecticut’s Insurtech community, today announced it is expanding its Nassau Reimagine program to support early and mid-stage startups with a new $10 million capital commitment. The program will target companies in Insurtech, Fintech, Retiretech, and other related sectors in Nassau’s primary business locations, including Connecticut and New York.

The Secured Finance Network (SFNet) has released its year-end Factoring Survey, which found a decline in factoring volume during the second half of 2024, but an overall positive sentiment moving forward in the face of economic uncertainty.

The Secured Finance Network (SFNet) has released results of its year-end factoring survey, which found a decline in factoring volume during the second half of 2024, but an overall positive sentiment moving forward in the face of economic uncertainty.

Invivyd (IVVD) has signed a $30 million term loan facility with Silicon Valley Bank, a division of First Citizens Bank. The deal allows for drawdown of capital in the future if certain conditions and milestones are met.

Ascend Performance Materials ("Ascend" or the "Company"), a leading producer of high-performance and durable engineered materials for everyday essentials and new technologies, announced today that, with the support of its key stakeholders, it has initiated Chapter 11 cases in the U.S. Bankruptcy Court for the Southern District of Texas.

If there’s one word that defines the factoring industry during the early part of 2025, it’s “adaptation.” As economic uncertainty collides with regulatory, geopolitical, and technological forces, factoring continues to be the bedrock financing solution for businesses in need of working capital.

Maxim Commercial Capital (“Maxim”) announced exceptionally strong results for the first quarter of 2025, reporting a 150% increase in funding volume over the prior year’s period.

FundThrough, the leading fintech invoice factoring platform for small and medium-sized businesses (SMBs), today announced its acquisition of Ampla, the leading provider of financial technology solutions for consumer brands offering working capital, business banking, corporate cards, and analytics.

Clarus Capital (“Clarus”) is pleased to announce the closing of a $10 million equipment loan facility for a sponsor-backed industrial recycling company. Immediate financing proceeds replenished liquidity for recently acquired production assets, with dry powder reserved for upcoming equipment purchases to support production modernization across its national footprint.

U.S. credit trends are likely to deteriorate in 2Q25 as the outlook for trade, economic growth and inflation worsens amid the escalating trade war and continued policy volatility, says Fitch Ratings in a new report.

CIBC Innovation Banking announced today that it has provided a debt financing facility to Vancouver-based Traction Complete. Traction Complete’s suite of Revenue Operations Data Management apps is designed to help organizations automate critical business processes to streamline sales, improve data quality, and optimize go-to-market strategies.

A team led by Kevin Brophy represented Westlawn Group LLC, a private investment firm based in Houston, TX focused on long-term investment in the global oil and gas industry, in connection with an equity commitment to X2 Resources LLC to pursue the acquisition and development of operated oil and natural gas assets.

Blackstone (NYSE:BX) plans to debut its fifth perpetual flagship fund, BMAX, through the registered investor advisor channel on May 1, as it seeks to accelerate its growth in the private credit sector, President and CEO Jon Gray told analysts on Thursday.

Spearmint Energy (“Spearmint” or the “Company”), a next-generation energy company bringing stable, secure and cost-effective energy solutions to the power grid with large scale battery storage, has successfully closed more than $250 million in financing for, and has begun construction of, Tierra Seca and Seven Flags, two 100 MW / 200 MWh Battery Energy Storage Systems (“BESS”) located in Del Rio and Laredo, respectively, within Texas’ ERCOT power market.