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ABL

Värde commits US$1.3bn across ABL and private credit platforms...

Värde Partners, a leading global alternative investment firm specialising in credit and credit-related assets, yesterday announced that it committed US$1.3bn across its asset-based lending (ABL) and diversified private credit platform in 2023. These investments facilitated approximately US$9bn of commercial and...

#bank#financial services#non-bank lenders

Micro Connect and HSBC sign up to US$200m ABL...

Micro Connect, which connects global capital with micro and small businesses, announced the signing of a syndicated asset-backed loan (ABL)…

#asset based finance#Charles Li#Micro Connect


Second Avenue Capital Partners supports Brixton with new US$15m...

Schottenstein affiliate Second Avenue Capital Partners (SACP), a leading provider of asset-based loans and credit facilities, announced today it has closed…

#Second Avenue Capital Partners#working capital


Rosenthal & Rosenthal closes asset-based lending (ABL) deals of...

Rosenthal & Rosenthal has completed two recent asset-based lending (ABL) transactions totaling US$8m.The first transaction was with a New York-based…

#Rosenthal


eCapital receives US$245m increase in funding for ABL activity

eCapital has signed a US$245m increase in the credit facility provided by syndicated banks to support the development of its…

#bank#eCapital#international


Ann Summers secures £8m in new ABL facility

The lingerie retailer, Ann Summers, has secured an £8m asset-based lending (ABL) facility from Secure Trust Bank Commercial Finance to…

#bank#commercial finance#funding


Salem Media Group closes new ABL facility with Siena...

Salem Media Group, Inc. announced that it has closed a new US$26m 3-year asset-based revolving credit facility with Siena Lending Group, which refinanced…

#Siena Lending Group


First Citizens Bank arranges US$75m ABL solution for Turning...

First Citizens Bank today announced that its asset-based lending (ABL) business, part of the bank's Commercial Finance group... (more…)

#bank#commercial finance#First Citizens


Huntington Business Credit creates new ABL team for healthcare...

Huntington Business Credit, part of Huntington National Bank, expands the ABL team with the addition of a group focused on…

#bank#management#Vice president


Fluence closes US$400m ABL facility

Fluence Energy, Inc. (Fluence), a leading global provider of energy storage products and services and optimisation software for renewables and…

#asset backed lending#J.P.Morgan#J.P.Morgan


S&T Bank names new Managing Director of ABL business

S&T Bank has announced that they have a hired Eric Huff as a new managing director of asset-based lending. Huff’s main…

#bank#Bank of America#financial services


Solifi’s latest ABL release enhances efficiency and customer experience

Solifi, a global fintech software partner for secured finance, announced the latest product enhancements for Solifi ABL. The release includes several…

#Bill Noel#Solifi

Family-run Fox Brothers receives £70m syndicated ABL

Blackpool-based Fox Brothers is on the road to growth following a £70m asset-based lending facility from NatWest and HSBC UK.Syndicate…

#NatWest

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