News

Edited Release NEW YORK — Yext, Inc. (NYSE: YEXT), a digital presence platform for multi-location brands, announced it has closed a $200 million senior secured term loan facility with funds and accounts managed by BlackRock. The facility enhances Yext's capital...

TAMPA, Fla. — Transflo announced that Apex Capital Corp ("Apex"), a leading provider of freight factoring services, has joined the Transflo Workflow AI Ecosystem. The partnership aims to streamline the processing and auditing of incoming documents and accelerate operational efficiency....

CHICAGO, May 20, 2025 – Aequum Capital announced the closing of a $35 million senior secured revolving line of credit to a Midwest-based commodity distribution company focused on value-added mixing, blending, and recycling services. The financing will provide enhanced liquidity...

NEW YORK & CHICAGO — Figure Technology Solutions has entered into a financing agreement with Victory Park Capital (VPC), marking the first institutional sale of a pool of consumer Crypto-Backed Loans. The deal accelerates Figure's growth in crypto lending, offering...

AllianceBernstein has released a new report examining the expanding role of asset-based finance in funding the real economy. Authored by Brian Resnick, CFA, Director and Senior Investment Strategist—Alternatives, the report details how private credit investors are stepping into roles vacated...

STAMFORD, CT, May 20, 2025 – Webster Bank announced Michael Goletz has joined its Asset Based Lending (ABL) division as Managing Director, ABL Originations. He reports to David Viggiano, Senior Managing Director, National Sales Leader ABL at Webster. Based in...

Amerisource Business Capital announced the closing and funding of a $30 million asset-based lending facility for a Southwest-based company that provides design, fabrication and maintenance services for midstream energy infrastructure, including treating plants and flowlines. The facility will support the...

ABF Journal announced the launch of its interactive digital experience for the Legends & Leaders print issue, offering readers an engaging, mobile-friendly platform to explore profiles of industry pioneers and expert analysis of specialty finance trends. The interactive format features...

PITTSBURGH — PNC Bank has entered into a definitive agreement to acquire Aqueduct Capital Group, a placement agent specializing in capital raising for private equity, private credit and real asset managers. Founded in 2003, Aqueduct has earned a reputation for...

o15 Capital Partners ("o15"), through its o15 Emerging America Credit Opportunities ("EACO") fund, is pleased to announce a $28 million senior secured debt investment in Simplify Compliance Holdings, LLC ("Simplify" or the "Company"), a diversified B2B information services platform backed by Leeds...