Commercial Finance Partners, a Boca Raton-based direct lending and advisory firm, announced the launch of its Debt Capital Advisory platform. As one of the market leaders in small business consulting, CFP is excited to expand our offerings to cover middle-market financing needs. Commercial Finance Partners has tapped Bill Krebsbach, a nine-year employee, to lead the initiative.Commercial Finance Partners will provide full-service debt capital advisory services including, but not limited to, full
Read Story
April 30, 2025 @ 08:15 AM
|
TAB Bank kicked off 2025 building value for over 230 companies by closing more than $67 million in financing in Q1. Businesses in the transportation, beauty, specialty finance and real estate industries, along with 70 small businesses, chose TAB Bank to help fund their growth. Types of financing included factoring, asset-based and equipment loans, small business lines of credit and real estate loans. Highlights of the largest Q1 2025 deals include:
$13 million—Capital Foundry, a
Read Story
April 30, 2025 @ 08:10 AM
|
JPalmer Collective announced the addition of Eunice Kepka as Business Development Officer. Kepka will be instrumental in connecting growth-stage brands with tailored financing solutions and strengthening client partnerships. “Eunice is the ideal addition to our team, ensuring every client receives creative financing strategies that support their business objectives,” said Jennifer Palmer, Founder and CEO of JPalmer Collective. “We are excited to welcome Eunice and look forward to the expertise
Read Story
April 30, 2025 @ 08:03 AM
|
Culain Capital Funding closed and funded a $5,000,000 accounts receivable financing facility to propel the expansion of a rapidly growing California-based tree removal and vegetation management company.With a strong foothold in utility, municipal, and commercial markets, the company is poised for significant growth as it scales operations to meet surging demand for vegetation management, fire mitigation, and disaster response services across the Western United States. Culain Capital’s facility
Read Story
April 30, 2025 @ 08:00 AM
|
MidCap Financial provided a senior secured credit facility to Evolucion Innovations, Inc. (evo). Proceeds from the credit facility were used to refinance the Company’s existing credit facility and to support the ongoing working capital needs of the company.
The credit facility has a three-year term and gives evo access to up to $60 million in total credit, consisting of $50 million in commitments with an accordion facility of an additional $10 million.
Read Story
April 30, 2025 @ 07:40 AM
|
The national Citizens Business Conditions Index™ (CBCI) held steady at 50.9 in the first quarter of 2025. The reading is generally consistent with the 4Q24 level of 51.0, suggesting that business conditions remained positive to start the year despite growing macroeconomic uncertainty throughout the period.Solid corporate revenue trends were the main driver of the positive momentum. Citizens’ proprietary data showed continued revenue growth across most industries and geographies, with the Energy
Read Story
April 30, 2025 @ 07:34 AM
|
Wolters Kluwer announced new first quarter analysis from its Equipment Lease Finance Digital Transformation Index, a key resource that tracks the rate at which equipment lessors and service providers are seeing growth in the evolution from paper-based finance back-office processes to digital. Click here to see the full data report. According to the Index, the rate of adoption for digital contracting in Q1 decreased 4.5% compared to the fourth quarter of 2024. The Index increased 7.3% compared
Read Story
April 30, 2025 @ 07:00 AM
|
The following members of the American Bankruptcy Institute (ABI) were elected to leadership positions as officers and directors: Hon. Bruce A. Harwood (ret.) (San Francisco) has become ABI President for a one-year term, succeeding Christopher A. Ward of Polsinelli (Wilmington, Del.), who will now assume the position of Immediate Past President. Soneet R. Kapila of KapilaMukamal, LLP (Fort Lauderdale, Fla.) will serve as Chairman. Stephen D. Lerner of Squire Patton Boggs (Cincinnati), formerly
Read Story
April 29, 2025 @ 08:15 AM
|
Legacy Corporate Lending announced the successful oversubscribed upsize of its asset-based lending (ABL) facility, from $125 million to $255 million, agented by Wells Fargo Capital Finance. This increased capacity, which is backed by a syndicate of premier banks, will support Legacy’s growth in serving the middle market ABL space in 2025 and beyond. “As we pass our second anniversary since launching, we are thrilled to receive the continued support of Wells Fargo and four new lenders to our bank
Read Story
April 29, 2025 @ 08:10 AM
|
Exagen, a leading provider of autoimmune testing solutions, entered into an agreement with Perceptive Advisors LLC for a term loan credit facility of up to $75 million, with $25 million funded at closing to retire an existing debt facility and strengthen the balance sheet.“I’m pleased to announce our new debt facility with Perceptive Advisors, a highly respected life sciences investor with a deep understanding of our industry. This strategic partnership extends our amortization timeline
Read Story
April 29, 2025 @ 08:09 AM
|
Post Road Equipment Finance (“PREF”, formerly known as Encina Equipment Finance) announced Jamie Herron has joined its Operations team as Senior Vice President, and Maeve Jordan has joined as Operations Analyst, both reporting to James Giaquinto, Post Road’s Senior Managing Director of Operations.In her new role, Herron will be responsible for key operations functions related to the processing of new commercial lease and loan transactions, as well as mentoring and leading Operations team members
Read Story
April 29, 2025 @ 08:07 AM
|
Barnes & Thornburg announced that Ryan J. Barncastle has been named co-chair of the firm’s Private Equity practice group. Based in Los Angeles, Barncastle joined the firm in 2018, is a member of the firm’s Management Committee and will now co-lead the Private Equity practice alongside Anthony Arnold.With nearly two decades of experience, Barncastle advises private equity firms, portfolio companies, family offices and investor groups in a wide array of transactions across numerous industry
Read Story
April 29, 2025 @ 08:00 AM
|
Top California Lender successfully closed a $17 million bridge loan, further solidifying its expertise in short-term financing solutions. Under the leadership of Jerry Dean, who recently took over the organization, the company continues to deliver impactful financing for its clients.This bridge loan will provide critical short-term financing for a commercial real estate project in Utah—development near Bryce Canyon, designed to capitalize on the region’s growing tourism industry. The project
Read Story
April 29, 2025 @ 07:41 AM
|
Republic Business Credit has expanded its support of the temporary staffing industry nationwide with the addition of a new client, a Northeast-based IT temporary staffing firm. The founders brought decades of experience to the launch of the firm, their first entrepreneurial journey. Once it began working with Republic, the company immediately began onboarding new clients during the underwriting process with confidence that it had the right partner to support its payroll funding needs. The
Read Story
April 29, 2025 @ 07:00 AM
|
Wingspire Capital provided a senior secured credit facility to TAG Manufacturing , a leading designer and manufacturer of buckets, thumbs, couplers, and other specialty attachments used on construction equipment such as excavators and wheel loaders.The credit facility includes a revolver and first-out term loan as part of a broader transaction agented by Piney Lake Capital Management. The new financing gives the Chattanooga, Tennessee-based company greater liquidity and flexibility to manage its
Read Story
April 28, 2025 @ 08:00 AM
|