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Monroe Capital leads $US100m investment in NFS Capital, LLC

Monroe Capital LLC (“Monroe”), on behalf of its investment funds, announced on Tuesday that it has led a US$100m minority equity investment in NFS Capital, LLC (“NFS”). Founded in 2006, NFS is a leading provider of flexible equipment financing and...

#Ashley Whyman#asset based lending#Cash flow

Triumph Group changes US$75m securitisation facility and appoints new...

Triumph Group, Inc., a leading aerospace manufacturer with a market capitalisation of US$2.01bn, has amended its US$75m receivables securitisation facility,…

#administrator#receivables purchase#securitisation


White Oak Commercial Finance agents US$550m ABL facility

White Oak Commercial Finance (“WOCF”), an affiliate of White Oak Global Advisors (“White Oak”), announced it has agented a US$550m…

#asset based lending#Kevin Cox#White Oak Commercial Finance


AFA announces new board President, Ryan Jaskiewicz

The American Factoring Association (AFA) announced the election of Ryan Jaskiewicz as its new board President. Jaskiewicz previously served as…

#American Factoring Association#Climate First Bank#Ryan Jaskiewicz


ORIX USA agrees to acquire majority stake in Hilco...

ORIX Corporation USA (“ORIX USA”) and Hilco Global, a diversified global financial services firm headquartered outside of Chicago, IL, today…

#asset based lending#Hilco Global#investment


Gibraltar Business Capital expands Prodigy Health’s ABL to US$35m

Gibraltar Business Capital (GBC) has increased its asset-based line of credit for Prodigy Health, a rapidly growing specialty pharmaceutical distributor,…

#asset based lending#Gibraltar Business Capital#Prodigy Health


SFNet releases Q1 2025 Asset-Based Lending and Confidence Index

The Secured Finance Network (SFNet) recently released its Q1 2025 Asset-Based Lending Index and Lender Confidence Index, offering a snapshot…

#ABL#asset based lending#Secure Finance Network


International Factoring Association announces new Board Members

The International Factoring Association (IFA) has announced six new members added to the IFA Advisory Board for a two-year term.…

#factoring#IFA#International Factoring Association


Largo announces US$10m factoring facility

Largo Inc. ("Largo" or the "Company") announces that its wholly owned subsidiary, Largo Resources USA ("LUSA"), has entered into a…

#Daniel Tellechea#factoring#Largo


AFS closes US$9m AR & inventory finance for online...

Austin Financial Services, Inc. (AFS) has announced the closing of a US$9m accounts receivable (AR) and inventory revolver facility for…

#accounts receivable#Austin Financial Services#inventory


nFusion Capital provides US$4m factoring facility

nFusion Capital recently provided a US$4m factoring facility to a company in the Northeastern United States, that provides structural steel/precast…

#Brice Reid#factoring#NFusion Capital


Webster Bank appoints new Senior Managing Director for ABL...

Webster Bank names Dan Gioia as Senior Managing Director, Third Party and Large Corporate ABL Origination, in the Asset Based…

#Dan Gioia#David Viggiano#Morgan Stanley

Coronado secures US$150m ABL facility to strengthen financial position

Coronado Global Resources (Coronado) has secured a US$150m asset-based lending (ABL) facility from US asset manager Oaktree Capital Management (Oaktree)…

#asset based lending#Barrie Van der Merwe#Coronado

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