News

Tiger Group will auction more than 240 late-model trucks and trailers surplus to the ongoing needs of a national commercial truck-driving school. The timed, online auction opens on Thurs., Sept. 17, at 10 a.m. (CT) and closes on Thurs., Sept....

KBRA affirmed the issuer and senior unsecured debt ratings of BBB+ for Blue Owl Capital Corporation (NYSE: OBDC or the company). The rating Outlook is Stable. Key Credit Considerations The ratings are supported by OBDC's ties to the $158.1 billion...

Viva Capital Funding, an invoice factoring specialty finance company, announced the extension and upsize of its investment-grade corporate notes to $35.5 million. Since 2018, Viva has provided more than $2.5 billion in capital to growing companies across a variety of...

Neuberger Specialty Finance (NBSF) formed an agreement with several aerospace finance professionals to jointly establish and launch New Bridge AeroFinance, a new aerospace financing platform that will enable NBSF-managed funds to originate and acquire loans and other debt instruments across...

First Citizens Bank’s middle market banking business provided $157 million in financing to Morningstar Properties, an investor in and operator of self-storage facilities, marinas and other specialty real estate assets. This financing builds on a multi-year relationship between First Citizens...

Heron Power, an advanced power electronics manufacturer, closed a $60 million credit facility provided by J.P. Morgan and TriplePoint Capital. The company also appointed Zach Kirkhorn, former chief financial officer of Tesla, to its board of directors. The facility follows...

Lafayette Square USA has provided a senior secured growth financing facility to Hollywood Trucks Technologies, a wholly owned subsidiary of Autonomous Mobile Power, to support the manufacturing and deployment of its next-generation ECOLUXE autonomous-energy production trailers, expanding the infrastructure powering...

Sallyport Commercial Finance funded a $12 million accounts receivable financing facility and equipment bridge loan for a third-party logistics (3PL) company specializing in warehousing and distribution. The company required an urgent financing solution after its existing bank decided to exit...

Liquid Capital, a subsidiary of the Garrington Group of Companies, providing factoring and working capital solutions across the United States and Canada, appointed Vince Mancuso as CEO. Mancuso brings more than 25 years of C-level and executive leadership in commercial...

Third Coast Bancshares, the holding company of Third Coast Bank, appointed Bernardo “Bernie” Lacayo as executive vice president, head of corporate banking, effective immediately. Lacayo joined Third Coast in March 2026, adding depth and experience to the organization as it...