News

The Hedaya Capital Group provided a $1 million factoring facility to a Utah-based hand wear company for winter sports such as skiing and snowboarding. In 2024, the company’s preorders from global distributors and wholesale customers resulted in 120% year-over-year growth....

Mitsubishi HC Capital America, a non-bank, non-captive finance provider in North America, provided a $4 million revolving asset-based line of credit to The Fresh Factory, a company focused on accelerating the growth of fresh, clean-label, plant-based food and beverage brands....

FGI Worldwide, a global company in the commercial finance industry, hired Richard Mahtani as managing director, FGI Finance. Mahtani joins deal team leadership in partnering with FGI’s global business development and underwriting teams to source and execute new asset-based lending...

New industry research by the Alternative Credit Council (ACC), the private credit affiliate of the Alternative Investment Management Association (AIMA), and global law firm Dechert, reveals that as the private credit market matures, managers are refining their fund structures to...

Fifth Third Bancorp and Comerica have entered into a definitive merger agreement under which Fifth Third will acquire Comerica in an all-stock transaction valued at $10.9 billion. Under the terms of the agreement, Comerica’s stockholders will receive 1.8663 Fifth Third...

Moritt Hock & Hamroff (MH&H), a New York-headquartered commercial law firm, formed a business divorce practice group. Chaired by litigation partner Stephen J. Ginsberg, the group is comprised of a team of highly experienced attorneys focused on resolving complex disputes...

Republic Business Credit promoted Eric Dorner to senior vice president, business development officer. Dorner began his career in secured finance more than 15 years ago and was quickly transitioned to a sales role. Since joining Republic in 2016, he has...

Alpine Ridge Funding closed a $12 million factoring facility for an IT staffing company. This financial solution was designed to empower the company to expand its operations by taking on new contracts and growing existing ones. The factoring facility provides...

Frost Brown Todd (FBT) added Sarah M. Naseman to its Houston office as a partner in the commercial finance practice group. Naseman brings a wealth of experience in debt and equity finance, with a particular focus on private credit and...

Portage Point Partners, a blue chip advisory, consulting, interim management, investment banking and financial services firm focused on the middle market, welcomed Tom Wooton as managing director to the office of the CFO (OCFO) practice. Wooton has more than two...