News

NEW ORLEANS – When a growing, women-owned natural beauty and cosmetics manufacturer wanted to accelerate its growth, it partnered with Republic Business Credit to reach its strategic goals. Republic provided a $2.5 million factoring facility that refinanced its incumbent lender’s...

ST. LOUIS, April 07, 2025 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced the completion of its acquisition of 36 B. Riley employee advisors, representing total assets under management of approximately $4 billion. “We are very excited to...

BALA CYNWYD, PA, April 8, 2025 – Edge Capital Lending, LLC ("Edge") is proud to announce its selection as one of three finalists for the Banking Tech Awards in the Innovative Use of Existing Technology category—alongside JP Morgan Chase and...

WASHINGTON, D.C., ATLANTA, and MIAMI, April 7, 2025 ― Duane Morris LLP has announced that Andrew M. Tucker and Rebekah D. McCorvey have joined as partners in the firm's Corporate Practice Group in its Washington, D.C., and Atlanta offices, respectively....

KBRA has released its Business Development Company (BDC) Ratings Compendium for Q4 2024, noting that despite headwinds like tighter spreads, intense competition, and a surplus of private credit capital, credit performance among rated BDCs remained broadly stable. The report observed...

HOUSTON — Sallyport Commercial Finance has provided $500,000 in accounts receivable financing to a growing meat processing company facing a cash flow crunch. The Texas-based processor turned to Sallyport after its largest customer extended payment terms, putting a strain on...

NEW YORK, April 7, 2025 – Holland & Knight has significantly strengthened its leading Asset Finance Group with the addition of Mike Timpone, Kurt Plankl and Sophia Agathis as partners and Nicholas Kaasik as senior counsel in New York. They...

HomeTrust Bank has appointed Robert “Rob” McCain III as senior vice president and market president for the Charlotte metropolitan area, effective March 31. McCain will oversee the bank’s efforts to expand its presence in Charlotte, with a focus on growing...

Overview This week's analysis examines the evolving landscape of U.S. middle market debt amid heightened economic uncertainty and rapidly shifting market dynamics. As tariff tensions escalate and inflation concerns persist, middle market firms are navigating a transformed financing environment characterized...

MidCap Business Credit LLC announced that it has completed a $30 million asset-based credit facility to Presrite Corporation. The business was established in 1971 and is headquartered in Cleveland, Ohio. Presrite manufactures closed-die carbon and alloy steel forgings (bearings, crankshafts,...