News

Ultimate Finance recorded £190 million of new business across 1,400 facilities so far this year, surpassing the total achieved in the whole of 2024. New lending represents an uplift of 33% on the same period last year and has seen...

eCapital, a tech-enabled specialty finance provider for small and medium-sized businesses across North America and the United Kingdom, renewed and expanded its secured credit facility with Ares Credit funds. The agreement upsizes the facility to $388 million, with enhancements to...

SLR Healthcare ABL provided a $15 million asset-based revolving credit facility to an owner-operated ambulance service in the Pacific Northwest. Proceeds of the credit facility were used to refinance an existing bank revolving credit facility and provide additional working capital...

Ted Swimmer, head of capital markets and advisory for Citizens Commercial Banking, has been named head of commercial banking, effective immediately. Swimmer succeeds Don McCree, who will remain at Citizens as chair of commercial banking until his retirement at the...

Hilco Global, a diversified global financial services company, appointed new leadership of Getzler Henrich & Associates (GHA), Hilco Global Professional Services division’s dedicated turnaround and restructuring practice. Robert Gorin and David Campbell assume the role of co-executive directors – restructuring for Getzler...

Republic Business Credit hired John Trendell as senior vice president, business development officer, to lead its continued Midwest expansion into Michigan, Ohio & Indiana. With more than two decades of industry experience, Trendell has a comprehensive understanding and deep experience...

Rosenthal Capital Group (RCG), a private commercial finance firm in the United States, completed three asset-based lending deals with emerging brands in the footwear, jewelry and apparel sectors. The transactions were closed by RCG’s CPG+ division. A footwear company with...

Culain Capital Funding added Travis Pocock as chief revenue officer (CRO), bringing more than 15 years of experience helping businesses access the working capital they need to grow. Pocock is a seasoned finance executive with deep expertise in factoring, asset-based...

TPG Twin Brook recently completed the following deals and served as the administrative agent on all: Beecken Petty O’Keefe & Company’s financing of Praxis Packaging Solutions’ recap and add-on acquisition of Advanced Concept Innovations Centre Partners Management’s financing of IMA...

A Tiger Group online auction closing on Oct. 14 features rental and production-ready audiovisual gear from Keslow Camera, a production rental company. The sale boasts more than 450 lots in all — digital cameras, individual lenses and lens sets, lens...