News

CIBC US’s asset-based lending team recently provided NW Automotive Group, a portfolio company of New Water Capital, dba LUXIT, with a new senior credit facility to support working capital and growth needs, as well as provide a full suite of...

Ultimate Business Capital, a Wyoming-based private investment firm, launched its dedicated wholesale liquidity platform. The initiative is designed to support independent originators, private credit providers and specialty finance companies by providing reliable syndication capacity and portfolio purchasing power. As the...

Oxane Partners, a technology solutions provider for Private Credit+, released its recap of year-end trends facing the private credit industry in 2025. Oxane’s findings were drawn from Engage 2025, its annual industry event series hosted in London and New York....

SouthStar Capital funded a $2 million invoice factoring facility for a Southeast-based manufacturing company experiencing rapid production growth. After securing a large order that increased demand on its production schedule, the company sought a flexible financing solution to support cash...

Sallyport provided a $1 million factoring facility to a growing electronic components distributor, referred to Sallyport by one of its trusted broker partners. As the company expanded its footprint and order volume, so did its working capital requirements. Longer receivable...

Kent Outdoors secured a $90 million asset-based revolving credit facility from PNC Business Credit. The multi-year financing further strengthens Kent’s domestic market position and provides flexible liquidity to support seasonal working-capital needs, helping the company sustain its trajectory of growth....

Gibraltar Business Capital (GBC) closed a $15MM senior secured facility for Sampa USA, a distributor of heavy-duty commercial parts for trucks, trailers and buses. The new facility supports Sampa’s operations in the United States by refinancing existing debt, providing more...

Origis Energy, a renewable energy platforms, announced financial close for the Swift Air Solar II and Swift Air Solar III projects in Ector County, Texas. The two projects have a combined nameplate capacity of 313 MWdc. The $290 million senior...

Cambridge Savings Bank (CSB) added W. Calvin “Cal” Navatto as senior vice president, senior asset-based lending (ABL) relationship manager within its commercial division. In this role, Navatto will focus on expanding CSB’s asset-based lending portfolio, deepening relationships with middle-market companies, and...

Runway Growth Capital, a provider of growth loans to venture and non-venture–backed companies, added Ryan McCarthy as a managing director. McCarthy brings nearly two decades of experience across venture debt, debt advisory and investment banking, spanning the technology and life...