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KeyCorp Appoints Ramani as New Chief Risk Officer
KeyCorp announced that Mohit (Mo) Ramani will join Key as Chief Risk Officer (CRO), effective January 23, 2025."I am very pleased to welcome Mo to Key," said Chris Gorman, Chairman and Chief Executive Officer of KeyCorp. "I am confident that with Mo's leadership, experience, and expertise we will...
Second Avenue Capital Partners Arranges Credit Facilities to Finance the Acquisition of True Religion
Second Avenue Capital Partners (“SACP”), a Schottenstein affiliate, along with Alpha Wave Global and Sagard Credit, announced the closing of a new term loan and revolving credit facility for True Religion Apparel, Inc. SACP once again served in various roles for this transaction including as Sole...
1/15/2025
KBRA Releases 2025 Private Credit Outlook
KBRA released research that considers the themes that matter for private credit in 2025.Key Takeaways Trump 47 is expected to have a mixed impact on the private credit industry. The prospects for lower taxes and reduced regulations are likely to add fuel to the pent-up desire for exits, driving...
1/15/2025
Amerisource Closes $3.5MM Senior Credit Facility for Texas Venture Capital Firm
Amerisource Business Capital closed and funded a $3,500,000 senior credit facility for a Texas-based private equity firm specializing in technology consulting and investment.Matt Brice, Relationship Manager at Amerisource, stated, “Our partnership with this company is primed to drive growth and...
1/15/2025
 
Merchant Cash Advance H-E-Double Hockey Sticks
Ben T. Nicholson
Merchant Cash Advances (MCAs) offer quick funds to struggling businesses, but often lead to financial peril.
10/1/2024 Topic: Industry Insights
Wrongful repossessions are costly as lenders often assume their repossession...
Kansas and Connecticut are enacting commercial financing laws enhancing...
Topic: Regulatory
 
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