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Week's News

TAB Bank provided nearly 300 companies with more than $57 million in funding in the fourth quarter of 2024. The financing includes factoring, asset-based and equipment loans, small business lines of credit and more for companies in transportation... Read Story

February 07, 2025 @ 08:15 AM

Runway Growth Capital served as the lead lender in a $75 million senior secured term loan facility that is part of a $120 million financing to Piano, a global leader in digital experience management, customer journey orchestration, and advanced... Read Story

Filed Under: Technology
February 07, 2025 @ 08:10 AM

Porter Capital has acquired a prominent factoring firm specializing in the staffing sector. This strategic move expands Porter Capital's presence in the staffing industry and underscores its commitment to delivering tailored financial solutions to... Read Story

Filed Under: Factoring News
February 07, 2025 @ 08:05 AM

o15 Capital Partners (o15), a mission-driven alternative investment firm dedicated to providing growth capital to undercapitalized companies and communities, successfully closed its inaugural fund, o15 Emerging America Credit Opportunities Fund LP... Read Story

Filed Under: Private Credit
February 07, 2025 @ 08:00 AM

eCapital provided a $10 million asset-based lending (ABL) facility to support the growth and operational needs of a behavioral health facility in Tennessee. The funding addresses the challenges of growing operational demands and fluctuating cash flow... Read Story

Filed Under: Healthcare
February 07, 2025 @ 07:59 AM

WebBank appointed Ken Laudano as Senior Vice President – Head of Lender Finance. In this capacity, Laudano will be responsible for growing the Bank’s asset-backed lending business. Under Laudano’s leadership, the Lender Finance team will focus on... Read Story

February 07, 2025 @ 07:45 AM

Pathward Financial, through its subsidiary, Pathward, announced that Anjana Berde has joined the company as the Executive Vice President and Chief People and Culture Officer.In this role, she reports to Pathward CEO Brett Pharr and leads Pathward’s... Read Story

February 07, 2025 @ 07:00 AM

Lendscape announced a leadership transition as Kevin Day steps down as Chief Executive Officer. Day, who has been instrumental in shaping Lendscape into the global leader it is today, will remain with the company as an Executive Advisor and a member... Read Story

February 07, 2025 @ 06:00 AM

First Citizens Bank and Sixth Street announced the launch of Sixty-First Commercial Finance, a new platform managed by First Citizens Institutional Asset Management, LLC and designed to provide flexible capital equipment financing solutions to middle... Read Story

February 06, 2025 @ 08:16 AM

Ares Management Corporation appointed Kipp deVeer and Blair Jacobson to the newly created positions of Co-Presidents, effective immediately. Both deVeer and Jacobson will report to Michael Arougheti, Ares’ Chief Executive Officer. deVeer and Jacobson... Read Story

February 06, 2025 @ 08:15 AM