News

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...

Mitsubishi HC Capital America, a non-bank, non-captive finance provider in North America, is a winner of the 2025 Financial Services Top Workplaces Industry award, awarded by research and consulting firm Energage. “Being named a Top Workplace Industry Award winner for...

SouthStar Capital funded a $500,000 invoice factoring facility for a growing services company operating in both the technology and energy sectors. The upfront costs of fuel and operations created immediate pressure on cash flow. To ensure the business could scale...

First Business Bank’s accounts receivable financing group funded a $1 million factoring facility for a Delaware-based manufacturer and wholesaler of steel trusses to support the company’s growth. “As everyone knows, the construction sector, particularly with respect to steel, has faced...

People magazine named Plante Moran, an audit, tax, consulting and wealth management firm, to its list of “100 Companies that Care” for the fourth consecutive year. The firm ranked No. 12 on the list for 2025. “Since our founding in...

Tetra Capital, a provider of factoring solutions for the transportation industry, has been named one of FactoringClub’s Best Factoring Companies for 2025. This marks the fourth time Tetra Capital has received this recognition since 2018. “We are honored to be...

Lambda, the Superintelligence Cloud, closed a $275 million syndicated senior secured credit facility led and arranged by J.P. Morgan, with Citi, MUFG and Crédit Agricole, among others, as lenders in the syndicate. The financing will allow Lambda to scale its...

Fifth Third Bancorp expanded its asset-backed finance (ABF) group within the commercial bank with additional capabilities, capacity and expertise to underwrite and distribute asset backed securities (ABS). “This marks a significant moment in providing strategic ABS solutions for our clients,”...

Stellus Capital Management’s affiliates provided senior debt financing and an equity co-investment in support of Rallyday Partners’ investment in Elder Care Homecare, a senior home care agency serving New York, New Jersey, Connecticut and Massachusetts. “We are thrilled to partner with Elder Care, a...