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Global consulting firm J.S. Held, proudly celebrating 50 transformative years, reveals the “Lending Climate in America” survey results from Phoenix Management, a part of J.S. Held. The third quarter survey results highlight concern about the... Read Story

Filed Under: Economy
September 20, 2024 @ 08:05 AM

TD Bank Group and Chief Executive Officer, Bharat Masrani, announced his intention to retire on April 10, 2025, after 38 years at the Bank and more than a decade as CEO. In line with TD Bank Group's succession plan, the Board of Directors announced... Read Story

September 20, 2024 @ 08:03 AM

Trinity Capital, a leading provider of diversified financial solutions to growth-stage companies, announced an increase to $510 million of total commitments under its credit facility led by KeyBank.The credit facility was expanded under the existing... Read Story

Filed Under: Lender Finance
September 20, 2024 @ 08:00 AM

Bank of America announced that David Dowd has been named president of Bank of America Asheville. As president, Dowd will be head of the market and responsible for connecting clients, teammates and communities to the full power of the franchise... Read Story

September 20, 2024 @ 07:50 AM

As part of its mission to help asset-based lenders and lease finance companies operate more successfully, Asset Compliant Solutions announced the appointment of Chris Norman, a 16-year veteran of the firm with 33-years’ recovery experience, to the... Read Story

September 20, 2024 @ 07:49 AM

Sucro Limited, a leading growth-oriented sugar refiner, successfully completed a new syndicated credit facility with Rabobank. This continued financial partnership will provide Sucro Limited with the capital needed to accelerate growth, expand... Read Story

September 20, 2024 @ 07:30 AM

Deloitte's CFO Signals Survey for Q3 2024 indicates that chief financial officers appear cautious ahead of the U.S. election with a majority saying the results will be consequential for their organizations.Key takeaways from the survey: Just 14%... Read Story

Filed Under: Economy
September 20, 2024 @ 07:14 AM

NXT Capital closed a senior credit facility in support of Renovo Capital’s acquisition of Pavement Maintenance Group. NXT Capital acted as the Administrative Agent, Sole Bookrunner, and Sole Lead Arranger on this transaction.“We are pleased to have... Read Story

Filed Under: Construction
September 20, 2024 @ 07:06 AM

Congressman Lucas introduced the Capital Access for Small Businesses Harmonization Act or the CASH Act. The CASH ACT will establish clear disclosures of key terms that factors can provide to small businesses at the time of establishment of the... Read Story

Filed Under: Factoring News
September 20, 2024 @ 05:00 AM

Viola Credit, a global asset manager focused on providing asset-based lending solutions to the innovation economy, announced a strategic joint venture with Cadma Capital Partners ("Cadma"), an affiliate of Apollo Global Management ("Apollo") that... Read Story

Filed Under: Industry News
September 19, 2024 @ 08:15 AM