Hertz Receives Revised Reorganization Proposal for Chapter 11 Exit
Hertz Global Holdings received a revised proposal from affiliates of Knighthead Capital Management, Certares Opportunities and Apollo Capital Management to...
Forward for Specialty Finance
Brookridge Funding Completes $6MM in Recent PO Facilities
Brookridge Funding completed $6 million in purchase order funding facilities for two new clients.
CannTrust Obtains Court Approval for DIP Facility from Cortland Credit Lending
CannTrust Holdings obtained approval from the Ontario Superior Court of Justice under the Companies' Creditors Arrangement Act for the company's...
SFNet: ABL Credit Commitments Grew 2% in 2020 Despite COVID-19 Pandemic
According to cumulative data for 2020 published in SFNet’s Annual Asset-Based Lending Survey, the $273.9 billion in total credit commitments...
Gordon Brothers Adds D’Angelo as Managing Director of Brands & President of Laura Ashley
Gordon Brothers hired Carolyn D'Angelo as managing director of brands and president of Laura Ashley. She will lead new development...
CPPIB Credit Investments Provides $70MM Term Loan to David’s Bridal
David's Bridal closed a $70 million term loan provided by CPPIB Credit Investments, a subsidiary of the Canada Pension Plan...
BizCap Adds Brown as Analyst to Expand Credit Team
Business Capital (BizCap) added Cooper Brown as an analyst. Brown will assist BizCap’s credit and capital markets departments with underwriting,...
IDS Adds Four New Customers in Q1/21, Sets Company Record First Half Pace
IDS, a provider of solutions for the secured finance industry, added four new customers during Q1/21, including two startup equipment...
Amerisource Business Capital Provides $17MM Credit Facility to Construction Firm
Amerisource Business Capital closed and funded a $17 million senior credit facility for an Iowa-based sand and construction aggregate firm,...
Crestmark Promotes Menoian to Government Guaranteed Lending Business Unit President
Crestmark promoted David Menoian to government guaranteed lending business unit president. Menoian is based in Troy, MI, and will oversee...
