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Week's News

Invesco Private Credit, a market-leading global private credit platform of Invesco, Ltd., announced the successful close of its flagship Invesco Direct Lending Fund II, which along with similar vehicles, total $1.4 billion of investable... Read Story

Filed Under: Private Credit
February 12, 2025 @ 08:15 AM

White Oak Commercial Finance (“WOCF”), an affiliate of White Oak Global Advisors, provided a $60 million revolving credit facility to a leading utility construction and infrastructure company in the United States. The company and its operating... Read Story

Filed Under: Utilities
February 12, 2025 @ 08:10 AM

Encina Lender Finance (“ELF”) and Cardo AI have created a partnership to revolutionize the asset-based finance (ABF) market, delivering faster, more efficient funding solutions for originators and greater capital deployment opportunities for... Read Story

Filed Under: Lender Finance
February 12, 2025 @ 08:05 AM

Solifi, a global fintech software partner for secured finance, announced the successful implementation of its equipment finance solutions by Rosenthal & Rosenthal, a leading private commercial finance firm in the United States.An eight-decades-old... Read Story

Filed Under: Industry News
February 12, 2025 @ 08:00 AM

Amerisource Business Capital successfully closed and funded a $2,000,000 ABL revolving line of credit, leveraging A/R and inventory, for a mechanical repair service provider catering to construction companies and contractors in the Midwest. This... Read Story

Filed Under: Specialty Industries
February 12, 2025 @ 07:58 AM

Spirit Airlines provided an update on its restructuring process regarding a new proposal (the "New Proposal") for an alternative restructuring plan submitted by Frontier Group Holdings, Inc., the parent company of Frontier Airlines, Inc.On Feb. 4... Read Story

Filed Under: Aviation
February 12, 2025 @ 07:56 AM

First Citizens Bank announced that its Maritime Finance business provided $26 million in financing to Euroseas Ltd., enabling the container shipping company to add a newly built 2,800 TEU Eco containership to its fleet.Euroseas was formed in 2005 and... Read Story

Filed Under: Marine
February 12, 2025 @ 07:47 AM

Tradewind Finance announced $15 million in funding for one of the leading fuel distributing companies in the Caribbean. The distributor provides aviation fuel to some of the world’s largest airlines and fuel service companies including American... Read Story

Filed Under: Fuel & Petroleum
February 12, 2025 @ 07:45 AM

SLR Healthcare ABL provided a $5 million asset-based revolving credit facility to a sponsor-backed mental health service provider that operates multiple facilities on the west coast. The company offers residential and outpatient programs for... Read Story

Filed Under: Healthcare
February 12, 2025 @ 07:06 AM

Blank Rome announced that James “Jim” M. Cretella and Ikhwan A. Rafeek have joined the firm’s leading Finance, Restructuring & Bankruptcy group in New York. Jim and Ikhwan represent institutional and specialty lenders, banks, and commercial finance... Read Story

February 12, 2025 @ 07:00 AM