Federal Reserve Boosts Rates, Expects Banking Turbulence to Weigh on Inflation
The Federal Reserve announced that it will raise the target range for the federal funds rate to between 4.75% and...
Forward for Specialty Finance
SMBC Increases Hercules Capital’s Letter of Credit Facility to $175MM
Hercules Capital increased its committed letter of credit facility with Sumitomo Mitsui Banking Corporation by $75 million for a total...
Axiom Commercial Finance Adds Cisse as Senior Account Executive for Factoring Team
Axiom Commercial Finance hired Sanou Cisse as senior account executive for its factoring team. Cisse’s responsibilities will include managing client...
Monroe Capital Wins Best Performance in Private Debt – Mid-Cap Award in Korea
The Korea Economic Daily named Monroe Capital the winner of its 2022 Best Performance in Private Debt – MidCap award...
Wolters Kluwer Compliance Solutions Leader ‘Reassured’ by Federal Response to Bank Runs
According to Timothy Burniston, a regulatory compliance expert at Wolters Kluwer Compliance Solutions, markets should be reassured by the response...
Blank Rome Adds Mirza as Associate in Finance, Restructuring and Bankruptcy
Sheherbano R. Mirza joined Blank Rome’s Chicago office as an associate in the finance, restructuring and bankruptcy practice group. Mirza...
Hilco, Gordon Brothers, Tiger and B. Riley Oversee Liquidation Sales at 13 Nordstrom Locations
A joint venture group consisting of Hilco Merchant Retail Solutions, Gordon Brothers Canada, Tiger Asset Solutions Canada and B. Riley...
Commercial Finance Partners Finances More Than $150MM in Employee Retention Credits
Commercial Finance Partners has qualified and financed more than $150 million in Employee Retention Credits. The company also has expanded the...
Pacific West Bank Adds Team to Lead Market Expansion into Vancouver, WA
Portland, OR-based Pacific West Bank added a new team that will lead the bank’s expansion into the Vancouver, WA, market....
Maryland Senate Passes Commercial Finance Disclosure Law, House Considers Consumer Type Disclosures in Commercial Loans
The Maryland Senate unanimously approved amended Senate Bill 496 last week – a measure proposed to curb perceived commercial lending...
