News

Lending to shadow banks by U.S. banks is far outpacing growth in traditional commercial lending, more closely linking their fortunes and potentially creating an emerging risk, says Fitch Ratings. In a new report, the rating agency said loans from banks...

Mitsubishi HC Capital Canada, a subsidiary of Mitsubishi HC Capital America, the largest non-bank, non-captive finance provider in North America, is pleased to announce the hiring of Bojan Janjic as a new strategic account executive for the company's growing technology...

Horizon Technology Finance Corp. announced that Michael P. Balkin will become its new Chief Executive Officer, effective June 5, 2025, as part of a planned leadership transition. Balkin, who has served as an independent director of Horizon since June 2023,...

Gordon Brothers has delivered a $27 million financing package to Carroll Fulmer Logistics Corporation as part of a broader solution to help the transportation company optimize its capital structure and support future growth. The multi-pronged deal includes a first-lien revolving...

SSG Capital Advisors, LLC served as the investment banker to Art Supply Enterprises, Inc. d/b/a MacPherson's Art Supply in the sale of all inventory and intellectual property assets to Blick Art Materials, LLC. The transaction was effectuated pursuant to Article...

Light & Wonder, Inc. (NASDAQ:LNW), a leader in computer integrated systems design, has entered into a material definitive agreement securing a new credit facility. On Thursday, May 15, 2025, the Nevada-based organization, through its subsidiary Light and Wonder International, Inc....

Exro Technologies Inc. (TSX: EXRO), a leading clean technology company specializing in power control solutions for electric vehicles and energy storage, is pleased to announce a funding commitment from a long-term institutional shareholder (the "Lender") to provide up to US$30...

Mati Carbon ("Mati"), a project to bring economic empowerment to smallholder farmers in developing economies through the sale of durable carbon dioxide removal (CDR) credits, has secured an innovative debt facility from J.P. Morgan that will be used to support...

White Oak Commercial Finance ("WOCF"), an affiliate of White Oak Global Advisors, announced it has provided a $125 million asset-based revolving credit facility to a US-based energy services company (the "Company"). WOCF acted as the sole lender in the transaction,...

According to a U.S. Bureau of Labor Statistics report, the April 2025 Producer Price Index (PPI) declined by 0.5% month-over-month, the largest drop in five years, against expectations of a 0.2% rise. The year-over-year PPI increased 2.4%, slightly below the...