1871 and BMO Harris Bank selected Delshan, Hope Trust, Plinqit, Pocketnest and The Wealth Factory as the five participating companies in the WMN•FINtech program, which is a mentoring program for women-led financial technology startups.
White Oak Commercial Finance Europe, a provider of senior secured financial solutions to small and medium sized enterprises, mid-market, private equity (PE)-owned and PLC firms across the UK and Europe, launched a new website.
Yieldstreet launched a private business credit vertical. The new vertical will be led by Barbara Anderson and Larry L. Curran II and is Yieldstreet’s fifth asset class, joining real estate, legal, marine and art verticals.
Crestmark provided more than $29 million in commercial financing transactions to 126 businesses in the first half of June, including more than $5 million in term loans by the company’s government guaranteed lending group.
Ares Management, an alternative investment manager, closed ts Ares Special Opportunities Fund. The fund was significantly oversubscribed at more than $3.5 billion of commitments relative to its $2 billion target.
White Oak Commercial Finance funded more than $600 million in credit facilities in 2019 and more than $300 million year-to-date to diversified enterprises in North America, the UK, Europe and Australia.