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Week's News

eCapital announced its acquisition of LSQ Group LLC and its subsidiaries, a recognized leader in working capital finance and payment services. This acquisition reflects eCapital’s commitment to advancing innovation and expanding its ability to... Read Story

Filed Under: Industry News
January 08, 2025 @ 08:15 AM

Amerisource Business Capital closed and funded a $6,000,000 working capital facility for a Texas-based manufacturer of custom bulk bags, serving key industries such as chemicals, medical, and food, with a strong international presence. Doug Forbes... Read Story

Filed Under: Manufacturing
January 08, 2025 @ 08:10 AM

Great Rock Capital closed a $25 million senior secured revolving credit facility with Lion Energy, a provider of power products such as large industrial power storage systems, portable solar generators and panels, lithium batteries, and whole-home... Read Story

Filed Under: Battery Storage
January 08, 2025 @ 08:05 AM

36th Street Capital, a prominent provider of equipment financing solutions, announced the immediate appointment of Greg Stitt as Senior Vice President of Capital Markets.The appointment further bolsters 36th Street’s originations and syndications... Read Story

January 08, 2025 @ 08:02 AM

Gibraltar prides itself on longstanding financing partnerships, as demonstrated by its recent collaboration with existing customer Prodigy Health. GBC recently increased its asset-based loan facility to $30 million, further supporting Prodigy... Read Story

Filed Under: Pharmaceuticals
January 08, 2025 @ 08:00 AM

Founded in 1973, the client is an international catalyst-handling company for the refining, chemical, petrochemical, and processing industries. They started as a relatively small business in the United States but, after a series of acquisitions, they... Read Story

Filed Under: Chemicals
January 08, 2025 @ 07:52 AM

SLR Business Credit funded a $3.5 million credit facility for Segula Technologies USA, a leading engineer staffing company serving top-tier aerospace, defense, automotive, and energy companies. The credit facility provides significantly more... Read Story

Filed Under: Staffing Services
January 08, 2025 @ 07:50 AM

There is a renewed sense of optimism among small and midsize business leaders as they consider their business and economic prospects for the year ahead, according to JPMorganChase’s 2025 Business Leaders Outlook survey released January 7, 2025.... Read Story

Filed Under: Economy
January 08, 2025 @ 07:06 AM

Abacus Finance Group served as Administrative Agent and Sole Lender to support the leveraged buyout of Motion Sensors by Sentech, Inc., a portfolio company of Astor Place Holdings.  Motion Sensors is a leading developer of state-of-the-art speed... Read Story

Filed Under: Specialty Industries
January 08, 2025 @ 07:00 AM

Mesirow, an independent, employee-owned financial services firm, has acquired Bastion Management, an asset-backed specialty finance lender. The acquisition closed on December 31, 2024.Founded in 2013 and based in Stamford, CT, Bastion is a private... Read Story

Filed Under: Industry News
January 07, 2025 @ 08:15 AM