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Most Popular News

Jonathan Bloom—an asset-based lending and restructuring professional who brings decades of experience in commercial and industrial (C&I) and accounts receivable (A/R) assets has joined Tiger Group as Senior Director of Business Development. Bloom’s hiring further expands Tiger’s C&I and A/R category expertise as the company continues to grow its lending, valuation and disposition businesses. Over the course of his career, the Denver-based executive has cultivated an extensive network of business Read Story

March 04, 2025 @ 08:30 AM

White Oak Commercial Finance (“WOCF”), an affiliate of White Oak Global Advisors (“White Oak”), provided a $90 million senior secured revolving ABL facility to a leading steel production company and service center. The company and its subsidiaries provide an extensive supply of flat-rolled coil products to the automotive, construction, oil & gas, and agriculture industries.“Steel and metal production is the backbone of a healthy industrial sector. We’re excited to partner with this manufacturer Read Story

Filed Under: Steel
March 06, 2025 @ 08:15 AM

Culain Capital announced its strategic acquisition of Quickpay Funding, marking a significant milestone in expanding the firm’s capacity to support small and medium-sized businesses across the nation. This union amplifies both companies' abilities to deliver robust financing solutions and deepens their factoring expertise—a critical service for businesses in the logistics, transportation, service, and produce industries.By combining the strengths of Culain Capital’s extensive accounts receivable Read Story

Filed Under: Industry News
March 03, 2025 @ 08:10 AM

Silicon Valley Bank (SVB), a division of First Citizens Bank, entered into a strategic lending relationship with Pinegrove Venture Partners (Pinegrove). SVB and Pinegrove expect to deploy a combined $2.5 billion in venture debt loans to technology and life science companies over the coming years. Backed by Sequoia Heritage and Brookfield Asset Management, Pinegrove is a venture investment platform with combined assets under management of greater than $10 billion that works with founders, fund Read Story

Filed Under: Banking News
March 13, 2025 @ 08:12 AM

B. Riley Financial announced that a formerly wholly-owned subsidiary of the Company has merged with Cascadia Investments, Inc., a shell entity, as a result of which certain investors in Cascadia became minority stockholders of BRF's investment banking subsidiary, B. Riley Securities ("BRS").As part of the tax-free transaction, BRS is implementing its own operating and governance structure, and its common stock will now be quoted on the OTC Pink market under the ticker symbol "BRLY." BRS will Read Story

Filed Under: Industry News
March 12, 2025 @ 08:15 AM


2025-03-15 17:58