US Capital Provides Financing for Hans Drake International
US Capital Partners announced that it provided a $1.5 million accounts receivable line of credit scalable to $5 million for Hans Drake International.
US Capital Partners announced that it provided a $1.5 million accounts receivable line of credit scalable to $5 million for Hans Drake International.
Fitch Ratings said that good liquidity, improving capital and better asset quality are all contributing to stable credit profiles for the largest U.S. regional banks, despite a difficult operating and regulatory environment.
Capital One Bank said it changed the name of its Asset-Based and Senior Bank lending businesses from Capital One Leverage Finance to Capital One Business Credit to reflect the group’s specialized financial product offerings.
Golub Capital BDC announced that it originated $121.3 million in new middle-market investment commitments during its fourth fiscal quarter.
Restructuring veteran Bettina Whyte, a managing director at Alvarez & Marsal, was inducted into the Turnaround Management Association’s Turnaround, Restructuring and Distressed Investing Industry Hall of Fame.
Access Capital provided a $2.5 million credit facility to a New Jersey-based international transportation services company with locations in Hong Kong and California, and Shanghai and Macau, China, affiliates.
Brookridge Funding provided $2.8 million to fund facilities for six new clients.
Rainbow Play Systems announced it signed a new credit facility agreement with NewStar Business Credit.
Bloomberg reported that a U.S. government default, just weeks away if Congress fails to raise the debt ceiling as it now threatens to do, will be an economic calamity like none other the world has ever seen.
J.P. Morgan Securities. J.P. Morgan Securities, Goldman Sachs and BMO Capital Markets provided financing to support Darling International’s acquisition of Vion Ingredients shares, a division of Vion Holding.