News

Brendan Coughlin, president of Citizens Financial Group, has assumed oversight of commercial banking, adding to a portfolio that already includes the bank’s consumer banking, private bank and wealth businesses as well as several enterprise functions. Ted Swimmer, head of commercial...

Utica Equipment Finance hired Ben Carapezzi and Todd Witmer as managing directors of sales. The two hires give Utica added reach as demand keeps building for its equipment loan and lease products, which range from $2 million to $50 million...

Entrepreneur Growth Capital (EGC) closed a $15 million asset-based line of credit to a 50+ year-old, Wisconsin based consumer products company. The Company was asked to find a new lender and chose EGC for its flexibility and creativity. The facility...

Nscale closed a $900 million revolving credit facility, providing flexible liquidity to accelerate its AI data center build-out and capital deployment across the U.S., Europe and APAC. The facility was syndicated across a group of financial institutions, including J.P. Morgan,...

TradeCap Partners, a provider of purchase order funding, closed a $5 million purchase order funding facility for a U.S.-based recreational sporting goods manufacturer. TradeCap was introduced to the company by its existing senior lender, which recognized the need for an...

Culain Capital Funding closed and funded a $1 million accounts receivable financing facility for a California-based staffing and employment services company serving commercial and industrial clients throughout the state. As the business continued to expand its customer base and secure...

Mitsubishi HC Capital America, a provider of financing and asset solutions across North America, has been selected as a preferred lender for CMC North America, a provider of sales, distribution and services for aerial platforms and other related products. Launched...

Arvest Bank, a regional full-service bank with over $27 billion in assets, plans to open a loan production office in Frisco, Texas, marking its official physical entry into the North Texas market. The office, expected to open later this year,...

NewCo Capital Group has rebranded to Bizcap US, bringing its U.S. operations under a unified global Bizcap brand that spans Australia, the UK, New Zealand, Singapore, Europe and Canada. The move marks the next stage of growth for the U.S....

CIBC took another step in its modernization journey with the opening of a global capabilities hub in Hyderabad, India. This new office strengthens its global footprint and talent pool across Canada, the U.S., Europe and Asia. The establishment of this...