News

Cardo AI, a technology platform for asset-based finance and private credit, formed a strategic partnership with Multitude Bank, a subsidiary of the listed Multitude AG. The collaboration will use Cardo AI’s platform to automate and streamline Multitude Bank’s asset-based lending (ABL)...

Faegre Drinker added Jared Hershberg to its corporate practice as a partner in the New York office. He joins from an international law firm. Hershberg’s arrival follows a series of recent additions to the New York office, including partners Dan...

Live Oak Bank has successfully deployed Cync Software’s, a provider of digital lending solutions, commercial spreading, credit assessment and portfolio monitoring platform to streamline financial spreading, automate credit risk analysis and monitor covenant compliance across its commercial portfolio. “Cync’s technology...

Haynes Boone represented March GL Company in a definitive merger agreement with Pelican Acquisitions and Greenland Exploration. The newly combined company has an implied valuation of $215 million and provides March GL with up to 70% ownership in licenses, covering...

Asset-based lending activity for the week ending Sept. 14, 2025, demonstrated strength with $2.3 billion in announced facilities despite manufacturing contraction and tightening credit conditions. The standout transaction was Gordon Brothers' $1.5 billion equipment finance joint venture with Davidson Kempner...

Bennelong Funds Management has signed a memorandum of understanding (MOU) and partnered with U.S.-based Monroe Capital to further expand its distribution to Australia and New Zealand. “Our alignment with Monroe Capital represents the third step in the process of moving...

Bragg Gaming Group, a global B2B iGaming content and technology provider, entered into a new financing agreement with the Bank of Montreal (BMO), a North American financial institution, pursuant to which BMO has made available to the company certain credit...

Despite headwinds from tariffs and shifting political initiatives creating uncertainty in the debt markets, Lawrence Financial has successfully closed 22 transactions totaling more than $150 million year to date. These deals have ranged from $55 million asset-based line of credit to a $500,000 SBA...

RingCentral, a global company in AI-powered business communications, expanded and extended its existing credit agreement. The transaction was led by Bank of America and JPMorgan with other participants including Wells Fargo, Goldman Sachs, Morgan Stanley and Mizuho, among others. The...

The LSEG/Ipsos Primary Consumer Sentiment Index for September 2025 is at 52.4. Fielded from Aug. 22 – Sept. 2, 2025, the index is down 1.1 points from last month. The index has declined following stability the past two months. It...