U.S. credit trends are likely to deteriorate in 2Q25 as the outlook for trade, economic growth and inflation worsens amid the escalating trade war and continued policy volatility, says Fitch Ratings in a new report.The latest U.S. tariff announcements and retaliation by trade partners sharply exceeded the already steep rises Fitch previously assumed, prompting a special update to lower U.S. and global growth forecasts by 0.5pp and 0.4pp, respectively. We expect U.S. annual growth in 2025 to slow
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April 21, 2025 @ 08:15 AM
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MSCI and Moody’s Corporation will jointly create a first-of-its-kind solution to provide independent risk assessments for private credit investments at scale.As the private credit market continues to evolve and grow, the need for consistent standards and better tools has become essential for investors to assess, compare and communicate the risk of their investments.MSCI offers a unique and comprehensive universe of high-quality private capital data, sourced from original documents provided by
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April 21, 2025 @ 08:10 AM
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Clarus Capital closed a $10 million equipment loan facility for a sponsor-backed industrial recycling company. Immediate financing proceeds replenished liquidity for recently acquired production assets, with dry powder reserved for upcoming equipment purchases to support production modernization across its national footprint. Clarus CEO Steve O’Leary stated, “Our client plays a key role in reducing hazardous waste for some of the country’s most widely used durable materials and converting them
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April 21, 2025 @ 08:00 AM
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GoldState Music, a premier music rights investment platform has raised US$500 million in strategic capital, including a structured capital facility co-led by Northleaf Capital Partners and Ares Management funds as well as separately raised leverage. Additional terms of the private transaction were not disclosed.“Our new relationship with Northleaf and Ares marks the next step in the evolution of our music investing strategy,” said Charles Goldstuck, Founder and Managing Partner of GoldState.
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April 21, 2025 @ 07:10 AM
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BizCap successfully facilitated a $175 million financing package for a leading integrated services provider to the electric utility and oil and gas industries in North America and U.S. territories. The new capital will support the company's growth and expansion projects across multiple sectors, including drilling and completion services, utility infrastructure and logistics.The bespoke financing package, arranged by BizCap, is specifically structured to provide the flexibility and runway
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April 21, 2025 @ 06:15 AM
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Celtic Capital Corporation announced its most recent new client relationship – a Central Midwest IT service provider for retail entities that includes installation of devices, structuring cabling, service, and routine maintenance. The Company was seeking to repay a line of credit with its bank as due to covenant violations, the bank asked them out. Celtic Capital provided a $5,000,000 Accounts Receivable Line of Credit to pay off the bank and to provide additional working capital to fuel the
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April 21, 2025 @ 06:00 AM
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SG Credit Partners, through its Consumer Products division, is riding a wave of momentum from its newest partnership with Hiyo, a non-alcoholic “social tonic” using a blend of functional ingredients, including adaptogens, nootropics, and botanicals. The announcement comes shortly after Hiyo closed a Series A round led by Constellation Brands. SG’s debt facility will support the brand’s continued growth in the retail sector as more consumers consider alcohol alternatives.“We are grateful for the
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April 18, 2025 @ 08:10 AM
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TAB Bank closed a $4 million asset-based lending (ABL) and $2.5 million equipment loan with HydroEdge Solutions, a leading water transfer and fluid management services provider for the energy industry. This capital will allow HydroEdge Solutions to expand its operations, furthering its commitment to efficiency, safety and sustainability.HydroEdge Solutions, based in Canonsburg, PA, specializes in delivering fluid management solutions, ensuring the seamless transfer of fluids from the source to
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April 18, 2025 @ 08:00 AM
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U.S. Bancorp, parent company of U.S. Bank, announced that Adam Graves has been promoted to serve as senior executive vice president and head of enterprise strategy and administration.Graves, 47, has been the company’s head of strategy and corporate development since 2023, having previously served for five years as its head of finance strategy and corporate development. An alumnus of the University of Michigan, Graves spent the majority of his early career in positions of increasing leadership
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April 18, 2025 @ 07:55 AM
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An industrial staffing contractor in Oklahoma has proudly served power plants, paper mills, and various industrial clients for over 24 years. Recently, the company experienced a surge in demand and required immediate working capital to meet payroll and support active and upcoming projects.The contractor financing need was particularly complex due to an active ownership transition. The incoming owners needed liquidity to maintain momentum and ensure operational stability during the transition.
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April 18, 2025 @ 07:24 AM
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Spearmint Energy, a next-generation energy company bringing stable, secure and cost-effective energy solutions to the power grid with large scale battery storage, has successfully closed more than $250 million in financing for, and has begun construction of, Tierra Seca and Seven Flags, two 100 MW / 200 MWh Battery Energy Storage Systems (“BESS”) located in Del Rio and Laredo, respectively, within Texas’ ERCOT power market.The financing package comprises, in aggregate, $59 million in
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April 18, 2025 @ 07:06 AM
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Castlelake, a global alternative investment manager with 20 years of experience investing in asset-based private markets, entered into an agreement with Invictus Capital Partners ("Invictus"), an alternative asset manager that specializes in residential credit, to invest in up to $2 billion in newly-originated residential mortgages. This agreement will enable Castlelake to provide its investors with exposure to what it believes to be high quality mortgage whole loans. The capital commitment
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April 18, 2025 @ 07:00 AM
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Great Elm Commercial Finance announced the launch of a new, enhanced asset-based loan product designed to help small to middle market businesses navigate the financial strain of a higher tariff environment.“As tariff pressures continue to affect the cost of imported goods, we're introducing a loan product that provides higher advance rates on imported products and inventory,” said Michael Keller, CEO of Great Elm Commercial Finance. “This offering reflects our ongoing commitment to helping U.S.
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April 17, 2025 @ 08:15 AM
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eCapital Corp. announced the renewal and upsizing of commitments under its core factoring facility from $725 million to $917 million. This expansion brings the company’s total bank facility commitments to just over $2.1 billion. The core facility, structured as a three-year agreement, is agented and syndicated by Wells Fargo.The $192 million increase highlights the strength of the longstanding partnership between eCapital and its bank group. As one of several key funding sources, the facility
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April 17, 2025 @ 08:08 AM
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Crayhill Capital Management, a $3 billion alternative asset management firm specializing in asset-based finance, announced the close of Crayhill Principal Strategies Fund III (“Fund III”) with approximately $1.31 billion of capital commitments, including $162 million of committed co-investment capacity, exceeding its $1 billion target. The oversubscribed flagship Fund III attracted a diversified base of institutional investors, including large public and corporate pension plans, insurance
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April 17, 2025 @ 08:05 AM
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