TAB Bank successfully closed $103 million in credit facilities with nearly 400 companies during the second quarter of 2024. Financing included loans for working capital, equipment and commercial real estate, small business lines of credit and accounts receivable funding.

Digitt, a pioneering fintech offering credit card debt refinancing for prime borrowers in Mexico, today announced the launch of a $50M debt facility with CoVenture Management, LLC, a leading private credit and alternative asset manager based in New York, New York.

Rosenthal & Rosenthal, Inc., the leading factoring, asset based lending, purchase order financing and inventory financing firm in the United States, today announced the recent completion of a joint recourse factoring and purchase order financing deal.

U.S. Bank has introduced an automated, comprehensive accounts receivable (AR) platform designed for suppliers. The U.S. Bank Advanced Receivables platform was created in partnership with Billtrust and combines the bank’s payment and risk management capabilities with Billtrust’s AR technology, the bank said in a Tuesday (July 23) press release.

Magnetic Leasing, part of the Magnetic Group, has successfully closed a secured term loan with volofin Capital Management to finance mid-life narrow-body aircraft, engines, and landing gears. This transaction and strategic alliance represent Magnetic Group's first structured financing facility as part of its ongoing expansion strategy.

Marathon Asset Management was a main holder of AMC Entertainment Holdings Inc. loans that are being swapped under a debt restructuring plan and give those investors a new claim on US theaters, according to people with knowledge of the firm’s holdings.

Top 100 retailer Conn’s HomePlus, which also owns Badcock Home Furniture &more, filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of Texas on July 23.

Aequum Capital, a prominent non-bank asset based lender, has announced its strategic move to the prestigious Chicago Mercantile Exchange (CME) building, solidifying its commitment to growth and innovation in the heart of Chicago's financial district.

Vintage Wine Estates, Inc. (Nasdaq: VWE and VWEWW) (the “Company“) announced today that the Company and certain of its subsidiaries (such subsidiaries, each a “Debtor,“ and together with the Company, the “Debtors“) filed a voluntary petition for reorganization (collectively, the “Chapter 11 Cases“) under chapter 11 of title 11 of the United States Code (the “Bankruptcy Code“) in the United States Bankruptcy Court

The Hedaya Capital Group provided a $5,000,000 facility with a $1,000,000 sub limit for inventory advances to a New York-based product development company offering services for a product’s entire creation cycle, from design through production. With 50 years of experience and five business units – housewares, pet products, intimate accessories, socks & hosiery, and baby necessities.

SG Credit Partners, through its Consumer Products division, is excited to welcome Pacha Soap Co. to its growing portfolio. A purpose-driven company, Pacha’s line of artisanal bath and home fragrance products is known for environmentally conscious practices creating a suite of offerings ranging from bar soap to whipped body scrubs. The senior debt investment will support Pacha’s continued growth.

Hidden River is thrilled to announce the latest addition to its portfolio – an investment in Blufox Mobile (“Blufox”). Blufox is a Comcast Xfinity authorized retailer, offering the full suite of products and packages of the Xfinity brand. Additionally, Hidden River is excited to announce two additions to our investment team.

Capify, a leading SME lender, has appointed Jamie Stewart as Director of Strategic Initiatives. Jamie, the founder and former MD of Think Business Loans, brings extensive experience and SME expertise to Capify.

Comvest Credit Partners (“Comvest”), a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it is acting as Administrative Agent and is the Sole Lender on a $153 million senior secured credit facility (the “Financing”) for Pro Food Solutions (“Pro Food”, or the “Company”), a Richmond, Calif.-based distributor and supplier of food products to the U.S. military market.

Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity" or the "Company"), a leading provider of financing solutions to growth-stage companies, today announced that it has launched a new vehicle in partnership with Eagle Point Credit Management LLC ("Eagle Point Credit"). Trinity's wholly owned registered investment adviser will be an adviser to the new vehicle, thereby bolstering the Company's sources of capital for lending and generating non-capital intensive fee income.

Aypa Power (Aypa), a Blackstone portfolio company that builds, owns, and operates utility-scale energy storage and hybrid renewable energy projects, has successfully closed a $650 million corporate credit facility, which includes access to letters of credit, a revolver and a term loan, replacing the company's existing $320 million facility.

Tradewind Finance, an international trade finance firm specializing in cash flow solutions that enable business growth and seamless cross-border trade, is expanding its footprint in Mexico with two new hires. The company’s growing team in the region comes at a time when Mexico has become a major trading partner for countries including the United States, making trade finance an attractive tool for facilitating export and import transactions.

​Matthew started his career in banking as a commercial credit analyst for Woodforest National Bank in 2005. Upon leaving Woodforest, he moved into a commercial lender role at a de novo bank, Lone Star Bank in Houston, where he honed his skills and in time held the roles of Chief Credit Officer, Chief Lending Officer and Houston Market President.

Rosenthal & Rosenthal, Inc., the leading factoring, asset-based lending, purchase order financing and inventory financing firm in the United States, today announced the recent completion of three asset-based lending transactions totaling $19.5 million.

Rosenthal & Rosenthal, Inc., the leading factoring, asset-based lending, purchase order financing and inventory financing firm in the United States, today announced the recent completion of three asset-based lending transactions totaling $19.5 million.