Federal Reserve Boosts Federal Funds Rate for Fourth Time in 2022
On Wednesday, the Federal Reserve announced it will raise the federal funds rate to a range between 2.25% to 2.5%,...
Forward for Specialty Finance
First Eagle Alternative Credit Closes Fifth Direct Lending Fund at More than $1B
First Eagle Alternative Credit, the $21 billion credit platform of First Eagle Investments, closed its fifth direct lending fund at...
First Internet Bank Appoints DePasquale VP, Senior Business Development Officer for SBA Lending
First Internet Bank appointed Paul DePasquale to its Small Business Administration lending team as vice president and senior business development...
Eastern Bank Names Mills Senior Vice President and Commercial Relationship Manager of ABL
Justin Mills joined Eastern Bank as a senior vice president and commercial relationship manager focused on asset-based lending. Based in...
Wells Fargo Commercial Banking Selects Phifer to Lead Middle-Market ABL Origination in West Region
Tanner Phifer will lead middle market asset-based lending origination for Wells Fargo Commercial Banking, which is part of the bank’s...
FNB Expands Virginia and DC Metropolitan Area Presence
F.N.B. entered its next phase of strategic expansion in Virginia, including further growth of its retail network in the greater...
Encina Private Credit Expands Capital Base, Hires Hensinger as President and CCO
Encina Private Credit expanded its capital base with $500 million in incremental capital commitments. In connection with the significant expansion...
Ares Management Closes $31.8B in New Commitments in Last 12 Months
F.N.B. entered its next phase of strategic expansion in Virginia, including further growth of its retail network in the greater...
Huntington Business Credit Provides $35MM in Credit Facilities to American Kenda Rubber Industrial
Huntington Business Credit closed $35 million in new credit facilities with American Kenda Rubber Industrial (dba Kenda USA) on June...
Republic Business Credit Provides $400K A/R Funding to Healthcare Staffing Company
Republic Business Credit provided $400,000 in accounts receivable funding to a company providing temporary and permanent employees to hospitals and...
