News

MidCap Business Credit completed an $18 million asset-based credit facility to Jordan Manufacturing, a manufacturer of outdoor seating cushions headquartered in Monticello, IN. “We are excited to have recently completed a transaction with our new banking partner, MidCap Business Credit....

eCapital, a technology-enabled provider of financing solutions for small and medium-sized businesses (SMBs) across North America and the UK, appointed David Leonard as vice president, supply chain finance, within its commercial finance division. Leonard, who joins following the recent addition...

The American Factoring Association (AFA) elected Ryan Jaskiewicz as its new board president. Jaskiewicz previously served as an AFA board member for seven years. “We are looking forward to Ryan’s expertise and contributions to the AFA,” Tania Daniel, executive director...

AST SpaceMobile closed a $100 million equipment financing facility led by Trinity Capital. This non-dilutive financing is designed to support AST SpaceMobile’s manufacturing and network deployment goals during 2025 and 2026. “This new non-dilutive financing enables AST SpaceMobile to continue...

Suominen has entered into a single-currency syndicated credit facility agreement which consists of a €50 million term loan and a €50 million revolving credit facility with a maturity of three years with a one-year extension option. The lenders for the...

Flow Beverage has been advanced the amount of $2 million under the secured convertible loan with RI Flow previously announced on June 4, 2025, pursuant to which RI Flow has agreed to advance up to $6 million to the company...

KCP Advisory Group added Marjorie “Margie” Kaufman as a senior managing director, bringing decades of experience in restructuring, turnaround and interim management to KCP. With more than 30 years of experience, Kaufman has served as chief risk officer, interim chief...

Elk Home engaged GA Group, an asset disposition, valuation, appraisal and real estate services firm, to manage the complete liquidation of the company’s inventory as it ceases operations after over four decades in business. “Since 1983, Elk Home has been at...

The International Finance Corporation (IFC), a member of the World Bank Group, committed a $50 million follow-on investment in Victory Park Capital Investor Fund. With this latest investment and additional support from IDB Invest, which upsized its commitment by $50...

Solifi, a global SaaS leader for secured finance, acquired Leasepath, a middle-market provider of global equipment finance loan and lease management technology. This acquisition is aimed at accelerating Solifi’s expansion and solution portfolio into the mid-market sector and facilitating the...