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News Stories (30 Results) - Company Announcements

The staff of ABL Advisor would like to extend our best wishes for a happy holiday season and our sincere thanks to all of our readers and advertisers for your loyalty and goodwill throughout the year! Our offices will be closed Thursday, Dec. 24 and... Read Story

December 24, 2020, 07:00 AM

Cadence Bank announced the rebrand of AloStar Capital Finance, a division of the bank that provides asset-based lending (ABL) and specialty finance solutions, to Cadence Business Finance (CBF). Along with its new name, logo and website, the rebrand... Read Story

September 18, 2020, 09:10 AM

Reich Bros Structured Finance announced its subsidiary, Reich Bros Business Solutions, LLC, a provider of capital solutions to companies across a wide range of industries, will operate, effective immediately, under the name Align Business Finance.... Read Story

June 11, 2020, 09:10 AM

Ares Capital Corporation announced that it issued an open letter to its stakeholders regarding a business update amid the coronavirus pandemic.The full text of the letter follows:Dear Stakeholder,With the global outbreak of COVID-19, we are making... Read Story

March 26, 2020, 09:20 AM

Siena Lending Group LLC announces it has surpassed $1.0 billion in closed credit facilities with the completion of a $25.0 million asset-based revolving credit facility for an integrated packaging company headquartered in California.Dave Grende... Read Story

February 20, 2020, 09:05 AM

ABL Advisor's offices will be closed on Monday, February 17 in observance of Presidents’ Day, officially George Washington's Birthday. We will return with our Daily eNews Blast on Tuesday, February 18.We wish all of our readers a very safe and happy... Read Story

February 14, 2020, 07:00 AM

The staff of ABL Advisor would like to extend Happy New Year wishes to all of our readers and advertisers. Thank you for your loyalty and goodwill throughout 2019! We look forward to working with you again in 2020! We will return with the Daily eNews... Read Story

December 31, 2019, 08:00 AM

The staff of ABL Advisor would like to extend our best wishes for a happy holiday season and our sincere thanks to all of our readers and advertisers for your loyalty and goodwill throughout the year! Our offices will be closed Wednesday, Dec. 25 and... Read Story

December 24, 2019, 07:00 AM

ABL Advisor's offices will be closed on Thursday, November 28 and Friday, November 29 in observance of Thanksgiving. We will return with our Daily eNews Blast on Monday, December 2, 2019.We wish all of our readers a very safe and happy Thanksgiving... Read Story

November 27, 2019, 08:00 AM

SG Credit Partners (SGCP) announced that it now offers an interest only bridge loan product designed to provide a liquidity solution for asset rich, liquidity constrained entrepreneurs when speed and certainty to close are required. We call it the... Read Story

November 13, 2019, 08:40 AM

GSG Financial announced it has completed its company name change to OnPoint Capital, LLC. This change is part of a larger corporate rebranding effort of its parent company OnPoint Group. The rebrand emphasizes OnPoint Capital’s commitment to expand... Read Story

August 05, 2019, 08:00 AM

ABL Advisor's Offices will be closed on Thursday, July 4 and Friday, July 5 in observance of Independence Day. We will return with our Daily eNews Blast on Monday, July 8. We wish all of our readers a safe and happy holiday! Read Story

July 03, 2019, 08:00 AM

Conway MacKenzie, a leading management consulting and financial advisory firm, today announced the addition of independent directors to its board of directors: Bryan Segedi, formerly of Ernst & Young, and Anne Taylor, formerly of Deloitte.Bryan... Read Story

March 28, 2019, 08:45 AM

Prudential Capital Group announced it has met the growing capital needs of middle market companies by providing $13.5 billion of senior debt and junior capital to more than 220 companies globally in 2017. Prudential Capital Group is a source of... Read Story

February 23, 2018, 08:00 AM

The Ares Management, L.P. Credit Group provided additional details on certain new financing commitments in its U.S. direct lending strategies that closed during the fourth quarter of 2017, which totaled approximately $2.8 billion in commitments... Read Story

February 20, 2018, 07:20 AM

Hitachi Business Finance, a source of opportunity for entrepreneurs seeking solutions beyond traditional lending, recently provided $28.75 million to six growing U.S. companies seeking working capital solutions:  $20 million participation... Read Story

September 15, 2017, 07:07 AM

Mitsubishi UFJ Financial Group Inc. says it is "evolving" beyond its traditional niche as a financer of energy projects in an effort to take on big lending rivals like Wells Fargo and J.P. Morgan in the market for receivables finance and asset-based... Read Story

July 12, 2017, 08:00 AM

JPMorgan Chase’s Middle Market Banking & Specialized Industries group, within the firm’s Commercial Banking business, continues to expand its geographic footprint, reaching a key milestone of having a local presence in all top 50 Metropolitan... Read Story

June 20, 2017, 08:15 AM

In a move to further strengthen its capabilities and local market presence, Wells Fargo’s Business Banking Group (BBG), part of Wells Fargo & Company, announced it has moved from three to seven regions, with a banking leader appointed for each. With... Read Story

June 06, 2017, 08:00 AM

Bibby Financial Services (BFS), has increased funding for SMEs in the West Midlands to £57 million as it looks to extend its support for the region’s commercial businesses. Between May 2016 and May 2017, BFS boosted funding in the region by... Read Story

June 05, 2017, 06:49 AM

AloStar Capital Finance announced the funding of 12 new transactions in the first of 2017 with commitments totaling more than $175 million. This is AloStar’s best new business quarter in its six-year history.AloStar’s first quarter fundings... Read Story

May 10, 2017, 07:21 AM

White Oak Global Advisors expanded White Oak’s asset-based lending platform through the acquisition in December 2016 of Capital Business Credit.  The company announced that it renamed the company White Oak Commercial Finance “The White Oak Commercial... Read Story

May 08, 2017, 08:00 AM

Bibby Financial Services (BFS) announced a combined $22.5 million in funding to 70 new clients across a wide range of industries within the U.S. and Canada during the first quarter of 2017. Overall, BFS provided $4M more in funding and supported 19... Read Story

April 28, 2017, 07:17 AM

Gordon Brothers, the 114-year-old global advisory, restructuring, and investment firm, announced that the company has expanded its footprint to Australia. Based in Sydney, the new office will be led by seasoned restructuring and turnaround management... Read Story

March 14, 2017, 07:30 AM

More than 700 business leaders will gather for the 40th Annual Financial Industries Dinner on Thursday, March 16, 2017, at the New York Hilton. Proceeds from the event will benefit National Jewish Health, the nation’s leading respiratory hospital.... Read Story

March 09, 2017, 07:10 AM

Monroe Capital Corporation announced that current loan commitments on its syndicated credit facility led by ING Capital LLC have increased by $40 million to $200 million. As previously disclosed, the Company’s revolving credit facility can expand up... Read Story

February 24, 2017, 07:04 AM

Ward Mooney, CEO of Crystal Financial LLC, announced today that Crystal Financial SBIC LP has received a license from the Small Business Administration to form a Small Business Investment Company and has closed its first investment in this new fund. ... Read Story

January 29, 2014, 07:32 AM

The economy and changing industry landscape have altered the way businesses leverage their assets. Companies have an unprecedented opportunity to maximize borrowing as the liquidation marketplace for industrial assets has gone mainstream. Lenders... Read Story

January 24, 2013, 07:09 AM

Hilco Trading announced the formation of Hilco Receivables, LLC. Jay Stone has been named CEO. The new Hilco Receivables is based in Northbrook, IL and will provide contingency fee collection services and portfolio acquisitions throughout North... Read Story

January 16, 2013, 07:16 AM

Monroe Capital announced Ty Dealy has joined the firm as a managing director to establish an Atlanta office and lead the firm's national ESOP lending effort. "We are very excited to add Ty to the Monroe Capital team," said Ted Koenig, president & CEO... Read Story

December 06, 2012, 08:31 AM