Wingspire Capital provided a $30 million revolver to Digital Media Solutions, Inc. The transaction was made in conjunction with Digital Media Solutions’ emergence from Chapter 11 bankruptcy reorganization and the completion of a court-supervised sale...
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March 17, 2025 @ 08:00 AM
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Heritage Global Capital (“HGC”), a subsidiary of Heritage Global Inc., specializing in flexible funding structures for the Accounts Receivable Management “ARM” industry, appointed Anastasia Suda as Executive Managing Director, to lead the Company’s...
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March 17, 2025 @ 07:56 AM
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SoFi Technologies finalized an up to $5 billion Loan Platform Business agreement for personal loans with funds managed by Blue Owl Capital, a leading asset manager with over $250 billion in assets under management. This move marks SoFi’s largest Loan...
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March 17, 2025 @ 07:49 AM
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FTR’s Trucking Conditions Index (TCI) for January fell to -2.56, reversing December’s +2.67 reading. Higher diesel prices, weak freight rates and low freight volume contributed to the decline. The only positive factor was cost of capital, while...
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March 17, 2025 @ 07:47 AM
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Sterling Bancorp, the holding company of Sterling Bank and Trust, F.S.B. (the “Bank”), announced the receipt of regulatory approval from the Board of Governors of the Federal Reserve System of the Company’s sale of all of the issued and outstanding...
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March 17, 2025 @ 07:45 AM
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Post Road Equipment Finance ("PREF") successfully closed a $40 million sale-leaseback transaction with a leading global manufacturer of complex engine components for the aerospace and power generation industries. The manufacturer, a key player in...
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March 17, 2025 @ 07:42 AM
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First Bank appointed Donna Calderaro as Market Executive for its Asset-Based Lending (ABL) business. In this role, she will report to Michael Maiorino, President of ABL and Florida Commercial Banking.Since the launch of First Bank’s ABL division in...
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March 14, 2025 @ 08:15 AM
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Axos Bank, the nationwide bank subsidiary of Axos Financial Inc., announced the launch of its Middle Market Banking Division. Led by industry veteran Kristian (Kris) Ilkov, Axos will look to capitalize on disruptions in certain industry verticals....
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March 14, 2025 @ 08:14 AM
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Overland Advantage ("Overland"), a business development company with a differentiated direct lending approach that benefits from a strategic relationship between Centerbridge Partners and Wells Fargo, announced that it served as lead arranger for a...
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March 14, 2025 @ 08:10 AM
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Mitsubishi HC Capital America announced the addition of Scott Schrenker to its construction team as a Business Development Manager. This new hire aligns with the company’s growth in the construction markets and provides additional resources to extend...
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March 14, 2025 @ 08:04 AM
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