News

Modivcare, a technology-enabled healthcare services company, has filed for voluntary Chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of Texas to implement a comprehensive restructuring transaction with the support of a supermajority of its key stakeholders....

Neuberger Berman, a global, private, employee-owned investment manager, launched NB Asset-Based Credit Fund, the firm’s first interval fund, which offers a private credit solution for individual investors. The fund, managed by Neuberger’s specialty finance group, seeks a high-level of current...

SLR Healthcare ABL recently closed a $3 million asset-based revolving credit facility to a Midwest based hospice provider. The new revolving credit facility will be used to help fund a new electronic medical record system implementation as well as support...

Cizzle Brands entered into a three-year $5 million secured revolving credit facility provided by eCapital. The facility will be available to be drawn down as needed for general corporate purposes and working capital needs, as the company continues to execute...

CIBC Innovation Banking provided a growth-focused credit facility to MedMe Health. The company will use the financing to expand its product suite and scale its operations in North America. “With growing traction in the US and the launch of AI-powered...

VSS Capital Partners, a private investment firm investing in the healthcare, business services and education industries, hired Jason Adams as principal. Adams will take a lead role in sourcing new investment opportunities, performing due diligence and supporting portfolio company management...

Solifi, a global fintech software partner for secured finance, announced that ALL Capital, a recently launched asset-based lender, has implemented Solifi ABL to support the venture. Founded by industry veterans Charlie Hodgson and Mike Bryon, who have extensive experience in...

Artificial intelligence (AI) is becoming increasingly popular in the workplace. However, new research conducted by global business advisory firm EisnerAmper in summer 2025 found only 22% of U.S. full-time desk workers with a bachelor’s degree or higher and who have...

Franklin Capital, a provider of factoring and working capital solutions, added Steven Damon as vice president of operations. Damon brings over 26 years of experience in asset-based lending, factoring and audit, with a proven track record of managing $20 million-plus portfolios...

SLR Business Credit, in conjunction with its affiliate SLR Digital Finance, added Gino Clark as senior vice president/managing director to expand its traditional factoring business. In this leadership role, he will be delivering SLR Business Credit and SLR Digital Finance’s...