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TAB Bank has closed a US$2.25m asset-based lending (ABL) facility for Bright Stripes LLC, including a US$1m inventory subline, to support the company’s growth initiatives. The financing is expected to enhance Bright Stripes’ operational capacity while advancing its mission to...
#asset based lending
Gibraltar Business Capital (GBC) has completed a US$20m senior secured facility for a portfolio company of a premier private equity…
FactorEvo announced the expansion of its AI-native operating system with invoice certification and payment readiness capabilities designed to reduce payment…
Consumer Portfolio Services, Inc. (CPS) has announced the successful closing of a US$345.61m senior subordinate asset-backed securitisation transaction, marking the…
#securitisation
The American Factoring Association (AFA) has announced the election of Cole Harmonson as its new Board President. Harmonson succeeds Ryan…
#factoring
Republic Business Credit has provided a US$6m asset-based loan to a national pharmaceutical manufacturer to support the business during a…
Oxford Finance LLC (Oxford), a leading specialty finance firm, is proud to announce the successful closing of its first transaction…
Installed Building Products, Inc. (IBP), an industry-leading installer of insulation and complementary building products, announced the closing of a private…
Austin Financial Services, Inc. (AFS) has announced the closing of a US$10m accounts receivable revolver for a leading logistics and…
Eastern Bank announced the appointment of Jarrad Herzog as Senior Vice President, Asset-Based Lending Relationship Manager. Mr. Herzog brings more…
First Brands Group (First Brands) has launched a formal sale process to market and sell its business, either as a…
#bankruptcy
Sallyport Commercial Finance has announced a US$2m accounts receivable (A/R) facility for a fast-growing Canadian food manufacturing and Consumer Packaged…
#receivables finance
Altriarch Asset Management, LLC (Altriarch) has announced the closing of a US$20m invoice factoring facility to support the ongoing expansion…