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  • SFNet New Member Spotlight: Thirdmark Capital
    March 21, 2025
    Thirdmark Capital was founded in 2021 to offer participations to the specialty finance industry. The leadership of Thirdmark has founded and sold two factoring companies as well as a bank and collectively has over 60 years owning and operating financial institutions. Thirdmark is positioned with the capital to provide participations. The company's sole product is participations, so we are not a competitor, only a partner.
  • SSG Advises Ideanomics, Inc. in Sale of Substantially All Assets of WAVE Charging to Tillou Management and Consulting LLC
    March 20, 2025
    SSG Capital Advisors, LLC (“SSG”) served as the investment banker to Ideanomics, Inc., and subsidiaries (collectively “Ideanomics” or the “Company”) in the sale of substantially all assets of WAVE Charging to Tillou Management and Consulting LLC (“Tillou”). The sale was effectuated through a Chapter 11 Section 363 process in the U.S. Bankruptcy Court for the District of Delaware and closed in March 2025.
  • Dealmakers Predict More M&A Disputes Globally Amid Rebounding Deal Activity, BRG's M&A Disputes Report 2025 Finds
    March 20, 2025
    Dealmakers around the world expect to see more mergers and acquisitions (M&A) disputes in the year ahead despite renewed confidence that the deal market will perform better in 2025, according to global expert services and consulting firm BRG's M&A Disputes Report 2025, released today. Rising geopolitical tensions, ongoing antitrust scrutiny and economic volatility stemming from tariffs all could push deals into dispute territory in the coming months.
  • Commercial Credit Group Inc. Closes 19th Term ABS for $477,170,000 (CCGR Trust 2025-1)
    March 20, 2025
    Commercial Credit Group Inc. (CCG), a leading independent commercial equipment finance company, has successfully closed its nineteenth asset-backed securitization (ABS), raising $477,170,000 to support its continued growth. The transaction attracted participation from over 40 institutional fixed-income investors and was led by BMO Capital Markets as Structuring Agent and Lead Bookrunner.
  • Sallyport Commercial Finance Provides $500,000 Boost for Painting Contractor
    March 20, 2025
    Sallyport Commercial Finance is delighted to announce the provision of a $500,000 combined line of Accounts Receivable financing to a distinguished painting and drywall contractor. This strategic funding solution empowers our client to confidently undertake larger commercial projects by ensuring seamless cash flow, which covers essential expenses such as payroll and supplier payments.
  • Gridiron Expands New Investment Sourcing Capabilities with the Addition of Mike Huttner
    March 20, 2025
    Gridiron Capital, LLC (“Gridiron Capital” or “Gridiron”), an investment firm focused on partnering with founders, entrepreneurs, and management teams, is excited to announce that Mike Huttner has joined the firm as Vice President, Business Development. Mr. Huttner brings over a decade of corporate leadership and advisory experience to support Gridiron’s new investment sourcing and origination efforts.
  • Ocorian Continues to Build US Team to Enhance Service for Fund Managers
    March 20, 2025
    Ocorian, a market leader in asset servicing and leading service provider for asset managers, has appointed Amy Meza as Director - Fund Accounting, further strengthening its rapidly growing Fund Services team in the US.
  • Ortec Finance Expands Global Presence With Appointment of Stacy Howlin
    March 20, 2025
    Ortec Finance, a leading global provider of technology and solutions for institutional investors to improve their investment decision-making, is pleased to announce the expansion of its global presence with the appointment of Stacy Howlin as Managing Director, United States.
  • Phoenix Management, a Part of J.S. Held Lending Survey Results Reveal Concern About the Impact of Upcoming Policy Changes
    March 20, 2025
    Global consulting firm J.S. Held, reveals the "Lending Climate in America" survey results from Phoenix Management, a part of J.S. Held. The first quarter survey results highlight lender views on policy decisions and their national/global impacts.
  • Porter Capital Delivers Critical Bridge Financing for Fast-Growing Advertising Firm
    March 20, 2025
    Porter Capital, a trusted leader in alternative financing, has provided a strategic $3 million credit facility to Dealer Alchemist, a rapidly growing automotive advertising technology firm based in Colorado. This firm, ranks in the top 3% of all Google advertising partners for 2025, specializes in dealership website creation, customer acquisition, and boosting website traffic for automotive dealers nationwide.
  • Liquidity Closes up to $450 Million Additional Credit Facility, Dedicated to North American Market, Anchored by KeyBank
    March 20, 2025
    Liquidity, the global multibillion dollar AUM asset manager specializing in growth-stage private credit, today announced the closing of a structured credit facility of up to $450 million. The facility is anchored by senior debt from KeyBank (NYSE: KEY), with the remaining facility populated with mezzanine and equity. The initial commitment from KeyBank is $75 million, which is expected to scale to $250 million, and is aimed at supporting the expansion of Liquidity’s lending capabilities in the US market.
  • Northwind Midstream Partners Announces Completion of $700 Million Senior Secured First Lien Term Loan
    March 20, 2025
    Northwind Midstream Partners LLC (“Northwind” or the “Company”) today announced that it has completed the issuance of a new $700 million Senior Secured First Lien Term Loan (the “Term Loan”). The Company will use the net proceeds from the Term Loan to repay its existing financing commitments and to fund the continued build-out and expansion of its off-spec gas gathering, compression, treating, sequestration and processing system located in Lea County, New Mexico.
  • 1st Commercial Credit Expands Receivables-Based Financing for Employer of Record (EOR) Companies
    March 20, 2025
    1st Commercial Credit, a leading provider of receivables-based financing, is now offering funding solutions tailored for Employer of Record (EOR) companies, enabling them to offer credit terms and expand their customer base.
  • Gateway Trade Funding Provides a $1,500,000 Purchase Order Facility to an Apparel Company
    March 20, 2025
    An apparel company experienced a surge in sales opportunities, receiving large purchase orders but lacked the necessary working capital to fulfill them. Seeking a solution, they turned to Green Zone Capital Advisors, a capital markets advisory firm, to refine their capital financing request and align them with the right funding partner.
  • Taboola Announces Successful Completion of Debt Refinancing, Significantly Reducing Annual Interest Expenses
    March 19, 2025
    Taboola (Nasdaq: TBLA), a global leader in delivering performance at scale for advertisers, today announced that it has entered into a new $270 million revolving credit facility.
  • Arcmont AM Launches Impact Lending Strategy
    March 19, 2025
    Private debt asset management firm, Arcmont Asset Management – an investment affiliate of Nuveen – has launched an Impact Lending strategy with €475m in funding from APG and TIAA.
  • Encina Lender Finance Upsizes Credit Facility for Non-Prime Credit Card Platform to $125 Million
    March 19, 2025
    Encina Lender Finance, LLC (“ELF”) announced today a $125 million upsized credit facility commitment to a non-prime credit card platform. In connection with this transaction, ELF recruited a like-minded partner and ABF co-investor to join the credit facility.
  • Cadwalader Enhances Restructuring Capabilities with the Addition of Partner Douglas Mintz
    March 19, 2025
    Cadwalader has strengthened its Financial Restructuring team with the addition of Douglas Mintz. Doug’s practice focuses on the representation of creditors in financial restructurings and special situations, including bank agents, private credit funds, ad hoc committees of creditors, equity sponsors and distressed investors.
  • nFusion Capital Provides $17 Million Factoring and Inventory Financing Facility to Support Consumer Products Company Strategic Move
    March 19, 2025
    nFusion Capital recently provided a $17 million factoring and inventory financing facility to a leader in the intimate apparel industry that has consistently pioneered innovative products, including launching the first backless, strapless adhesive bra. Headquartered in Texas, the Company offers a diverse range of lingerie products and accessories and has a successful nearly four-decade history.
  • DWS and Deutsche Bank Launch Private Credit Cooperation
    March 19, 2025
    DWS and Deutsche Bank today announced the launch of a strategic cooperation to develop private credit origination and investment opportunities for DWS clients across the private credit space. As part of the cooperation, DWS will have preferred access to certain asset-based finance, direct lending and other private credit asset opportunities originated by Deutsche Bank.