News

Monroe Capital, on behalf of its investment funds, has led a $100 million minority equity investment in NFS Capital. “We are excited to partner with NFS Capital to support its next phase of growth in the large and high-demand equipment...

The week ending July 6, 2025, marked a historic moment for middle market lenders as President Trump signed the “One Big Beautiful Bill” into law on Friday, July 4, capping a dramatic week of legislative maneuvering that fundamentally alters the...

ORIX USA and Hilco Global, a diversified global financial services firm headquartered outside of Chicago, IL, entered into a definitive agreement under which ORIX USA will acquire a majority equity ownership of Hilco Global. The proposed transaction is aimed at...

IG Design Group Americas and its domestic subsidiaries, a design, manufacturing, sourcing and distribution company of branded and private label consumer products, has voluntarily filed for Chapter 11 relief in the United States Bankruptcy Court for the Southern District of...

MidCap Business Credit completed an $18 million asset-based credit facility to Jordan Manufacturing, a manufacturer of outdoor seating cushions headquartered in Monticello, IN. “We are excited to have recently completed a transaction with our new banking partner, MidCap Business Credit....

eCapital, a technology-enabled provider of financing solutions for small and medium-sized businesses (SMBs) across North America and the UK, appointed David Leonard as vice president, supply chain finance, within its commercial finance division. Leonard, who joins following the recent addition...

The American Factoring Association (AFA) elected Ryan Jaskiewicz as its new board president. Jaskiewicz previously served as an AFA board member for seven years. “We are looking forward to Ryan’s expertise and contributions to the AFA,” Tania Daniel, executive director...

AST SpaceMobile closed a $100 million equipment financing facility led by Trinity Capital. This non-dilutive financing is designed to support AST SpaceMobile’s manufacturing and network deployment goals during 2025 and 2026. “This new non-dilutive financing enables AST SpaceMobile to continue...

Suominen has entered into a single-currency syndicated credit facility agreement which consists of a €50 million term loan and a €50 million revolving credit facility with a maturity of three years with a one-year extension option. The lenders for the...

Flow Beverage has been advanced the amount of $2 million under the secured convertible loan with RI Flow previously announced on June 4, 2025, pursuant to which RI Flow has agreed to advance up to $6 million to the company...