News

MidCap Business Credit and MidCap Equipment Finance closed an $18 million asset-based revolving line of credit and a $12 million equipment lease facility for a privately held metals fabrication company with operations across the Midwest and Canada. The facility will...

FGI Finance provided a $50 million facility to Joseph Ribkoff, a women’s fashion brand with a presence in the premium contemporary apparel market. The company was looking for a more flexible and creative working capital facility and reached out to...

Silver Point Capital, a global company in credit investing, through its direct lending business, has led a $130 million facility supporting the acquisition of Hoover Circular Solutions (Hoover CS), a provider of sustainable packaging, fleet management and logistics solutions, by...

Connie Health, a technology-enabled Medicare insurance brokerage, secured a $35 million asset-backed revolving credit facility from Rivonia Road Capital, a global private capital manager focused on specialty lending. The facility can be expanded up to $100 million to support Connie’s...

APPROVE, a technology platform built for B2B equipment financing, entered a strategic partnership with Revenued, a small business funding provider, to expand access to working capital for businesses that have secured equipment financing through APPROVE. The partnership enables APPROVE to...

ComplexCare Solutions (CCS), a physician-founded, clinician-led provider of health assessments and member engagement services to health plans across the country and a portfolio company of Vesey Street Capital Partners (VSCP), closed a refinancing of its senior secured credit facilities with...

Anaergia, a global provider of integrated waste-to-value solutions, increased the maximum principal amount of its revolving credit facility with National Bank of Canada from C$20 million to C$30 million. The C$10 million increase represents a 50% increase in the maximum...

Elevex Capital, a specialty commercial equipment finance company, expanded its multi-million-dollar credit facility with Woodforest National Bank. The expanded facility strengthens Elevex’s capital base and gives Elevex a diversified funding platform to support continued origination growth. “At Woodforest, we are...

Cohn & Dussi, a Boston-based law firm with a growing national practice, promoted Alexander D. Schultheis to partner. Schultheis leads the firm’s transactional practice and Rhode Island practice from its Boston office, with a focus on commercial lending and finance...

Consumer prices climbed again in October, and the latest numbers gave the Federal Reserve little reason to hold off on raising interest rates. The U.S. Bureau of Labor Statistics reported Tuesday that the Consumer Price Index for All Urban Consumers...