BHI closed a $50 million capital call line of credit facility for Naftali Shaked Partners II LP (“NSP II”). The financing provides a one-year line of credit that the fund will deploy for ongoing acquisitions.NSP II with leadership by Naftali Credit...
Read Story
July 20, 2023, 07:18 AM
|
Traditional bank lenders are applying more pressure to borrowers and now showing less tolerance when mid-sized companies in the U.S. miss financial targets, according to a new survey of business executives and lenders sponsored by Carl Marks Advisors...
Read Story
June 14, 2023, 08:04 AM
|
Cerebro Capital, a commercial loan platform, released its Q2 2021 survey on non-bank lending for middle-market commercial and industrial (C&I) loans. Lenders saw increased demand for credit because of the booming M&A market and the improving economy...
Read Story
September 03, 2021, 08:04 AM
|
Investors are increasingly throwing their weight in the second-lien loan market as yields on first-lien term loans have contracted to their lowest level in more than a decade, Reuters reports. According to a report published on April 13, second-lien...
Read Story
April 17, 2017, 07:17 AM
|
Breakout Capital, a technology-enabled small business lender, announced it obtained a new revolving credit facility from Drift Capital Partners, LLC, an alternative asset management company based in Charleston, South Carolina. The facility is...
Read Story
February 08, 2017, 07:14 AM
|
The credit quality of loans originated in the US by so-called marketplace lenders and backing new asset-backed securities (ABS) is unlikely to change meaningfully in 2017, Moody’s Investors Service says in its just-published outlook for the sector....
Read Story
December 08, 2016, 07:33 AM
|
Reuters Loan Pricing Corporation reports business development companies (BDCs), which extended share price gains this summer after a prolonged slump, still face hurdles that prime the specialized closed end investment funds for consolidation...
Read Story
September 19, 2016, 08:05 AM
|
Reuters exclusively reported that alternative lenders are expected to take a larger share of leveraged lending from banks in the next two years as the non-bank lenders step in to help refinance the first wall of revolving debt to come due since...
Read Story
June 27, 2016, 07:53 AM
|
Bizfi announced that Metropolitan Equity Partners (“Metropolitan”) has provided a structured financing facility of $65 million to the company to drive growth.Closing this financing round enables Bizfi to:
Expand its suite of funding programs...
Read Story
December 16, 2015, 07:33 AM
|
The Biz2Credit August Small Business Lending Index dropped by 0.1 points for big and small banks, an indication that the SBA budget scare effected growth in loan demand. Another key finding of the monthly analysis of 1,000 loan applications from...
Read Story
September 10, 2015, 07:56 AM
|