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Week's News

Mountain Ridge Capital announced the promotions of Tree Buckingham, Matt Salatti, and Will Tyler.  Buckingham will take over as Chief Operating Officer managing operations and IT for MRC and sister factoring company, Alpine Ridge Funding (“Alpine”).... Read Story

January 17, 2025 @ 08:15 AM

Percent, a platform powering the modern private credit marketplace, released their 2025 Private Credit Outlook. This annual report highlights how private credit is one of the most resilient and dynamic asset classes in global finance, nearing $2... Read Story

Filed Under: Private Credit
January 17, 2025 @ 08:10 AM

An internationally recognized food producer encountered a once-in-a-lifetime opportunity to purchase a competitor's facility. Strategically located, the facility offers potential savings in both distribution and logistical costs while also providing... Read Story

January 17, 2025 @ 08:09 AM

Trinity Capital committed $12.5 million in growth capital to Upward Health, an in-home, multidisciplinary medical group providing 24/7 whole-person care.The company partners with health plans and other risk-bearing entities to address the unique... Read Story

Filed Under: Healthcare
January 17, 2025 @ 08:08 AM

Maturity walls over the next two years will require many non-bank financial institutions (NBFIs) to remain active in issuing new debt in order to manage refinancing risk and retain funding flexibility, according to Fitch Ratings in a new... Read Story

Filed Under: Industry News
January 17, 2025 @ 08:08 AM

eCapital extended a $35 million factoring facility to a prominent logistics provider. This funding unlocks essential working capital, enabling the client to address financial challenges and strengthen its role in the global supply chain.The logistics... Read Story

Filed Under: Logistics
January 17, 2025 @ 08:04 AM

Altriarch Asset Management announced the successful closing of a $12.5 million senior secured revolving facility for RLTYco, Inc. (“RLTY”). The two year loan, which has an option to extend an additional year, will give RLTY the ability to expand its... Read Story

Filed Under: Lender Finance
January 17, 2025 @ 07:21 AM

Buchalter announced the opening of its newest office in Chicago, Illinois with addition of lawyers and staff of the Chicago office of Robbins DiMonte, Ltd joining Buchalter. The Chicago office has 25 attorneys and support staff, including... Read Story

January 17, 2025 @ 07:00 AM

The Goldman Sachs Group announced several actions to better serve corporate and investor clients and grow its business in private credit, private equity and other asset classes. The firm is creating the Capital Solutions Group, which will combine and... Read Story

Filed Under: Banking News
January 16, 2025 @ 08:15 AM

JOANN Inc., the nation’s category leader in sewing and fabrics with one of the largest arts and crafts offerings, has commenced voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the District of Delaware to facilitate a sale process to... Read Story

Filed Under: Bankruptcy
January 16, 2025 @ 08:12 AM