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Victory Park Capital Closes $100MM Credit Facility for Sétanta Development Capital
Victory Park Capital (“VPC”) closed a $100 million credit facility with Sétanta Development Capital (“Sétanta”), a Charlotte-based residential real estate financing provider. The transaction will support Sétanta’s acquisition and development financing for residential land developers.“We are excited...
4/18/2024
Lender Finance
ABI Mourns the Passing of ABI Immediate Past President Hon. Kevin J. Carey
It is with profound sadness that ABI announced the passing of Hon. Kevin J. Carey (ret.) of Hogan Lovells (Philadelphia), a venerated figure in the bankruptcy and legal communities, who passed away on April 11. "We are extremely saddened at the news of Judge Carey's passing," said ABI Executive...
4/18/2024
In Memoriam
King Trade Capital Reports Over 30% YOY Revenue Growth in Q1 2024
King Trade Capital, the oldest and largest independent purchase order and non-bank trade finance solutions provider in the U.S., announced 1st quarter revenue growth exceeding 30 percent. King Trade Capital's Founder Edward King said, “We are quite proud of the help we have offered our clients...
4/18/2024
Industry News
LSQ Provides $15MM Invoice Finance Facility for Cell Phone Wholesaler
LSQ originated a $15 million invoice finance facility for a Florida-based distributor of cellular phones and other personal electronic devices.The company will use the additional capital to support its growth trajectory since adding new product lines in the past 18 months.“The company has seen an...
4/18/2024
Distribution
 
Upcoming Commercial Financing Regulations: Insights from Florida, Connecticut, and Georgia
Dan Taylor
Regulators have introduced regulations that require financial disclosures to small businesses that seek commercial...
2/6/2024 Topic: Regulatory
The Latest Trends in Equipment Finance...
The pullback of super regional banks gives smaller regional and community banks...
Topic: Banking
 
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U.S. Census Bureau – U.S. Department of Commerce
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Runway Growth Capital Provides $40MM in Growth Investment to CarNow $40.000 Million
(Automotive)
eCapital Closes $7MM Asset-Based Facility for Michigan-Based Services Company $7.000 Million
(Business Services)
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