News

SouthStar Capital funded a $1.5 million accounts receivable financing facility for a privately owned industrial services company in the Gulf Coast region. As project volume increased, labor and operating expenses began to outpace customer payment cycles, creating the need for...

First Business Bank’s floorplan financing team funded a $2.2 million inventory floorplan line of credit with an independent used car dealership in Pennsylvania. The established dealer made the strategic decision to transition their floorplan financing from their incumbent lender of...

CohnReznick, a professional services firm, promoted 14 professionals to its partnership, effective Feb. 1, 2026. The newly promoted partners bring expertise across service lines and industry groups and will be integral to advancing the firm’s growth trajectory. “CohnReznick’s ability to...

Travis Edlund, a lifelong San Antonian and second‑generation San Antonio banker, has been named San Antonio Region chairman for PlainsCapital Bank, effective immediately. Edlund succeeds Mike Molak, who retired on Jan. 2, 2026, after more than 40 years in the...

James Davison and Victoria Procter have joined Katten Muchin Rosenman UK’s restructuring practice as partner and counsel respectively in London. “It is our privilege and pleasure to ring in the start of 2026 with the addition of two highly respected...

Abacus Global Management, a company in the alternative asset management industry, launched an asset-based finance (ABF) strategy within Abacus Asset Group. The strategy will be led by Monty Cook, head of private credit at Abacus and former Head of asset-based...

Total bankruptcy filings in calendar year 2025 were 565,759, an 11% increase from the 508,953 registered during calendar year 2024, according to data provided by Epiq AACER, a provider of U.S. bankruptcy filing data. While representing a substantial year-over-year increase,...

Ansley Park Capital, a lending and specialty finance platform, closed a $160 million senior secured financing facility for Voltava, the holding entity for Detroit Manufacturing Systems (DMS), to support its acquisition of Android Industries and Avancez. Ansley Park served as...

Middle market leaders are entering 2026 with a "proceed with purpose" mindset. Despite a choppy geopolitical backdrop and a looming cloud of policy shifts, JPMorgan’s latest Business Leaders Outlook report reveals a sector that is surprisingly resilient — and ready...

nFusion Capital, a provider of financing solutions to small and middle-market businesses, provided a $7 million asset-based facility to a Los Angeles-based sheet metal contractor within a short time frame. The funding will support working capital needs for the company’s...