News

A new survey from Grant Thornton revealed a growing “AI proof gap,” a disconnect between AI investment and accountability. “Companies are making tremendous investments into AI and yet, we’re not seeing that correlate with an increase in AI accountability,” Tom...

AIO Logic, a fintech innovator in commercial lending and secured finance technology, announced the appointment of Lydia Taylor as executive lead for business development. Based in Florida, Taylor will be responsible for driving nationwide business development efforts, building strategic relationships...

Sallyport Commercial Finance funded a $4 million accounts receivable and inventory facility (including a $1 million inventory tranche) to support the continued growth of a small batch ice cream manufacturer with roots dating back to 1949. Following a challenging period...

Southstar Capital funded a $500,000 combined purchase order and accounts receivable financing facility for a Texas-based, early-stage functional beverage company. Following new retail distribution through a national grocery chain and a partnership with a distributor, the company required working capital...

Turner Mining Group entered a major equipment financing relationship with Wingspire Equipment Finance, establishing a structured capital facility of up to $150 million to support its expanding fleet and accelerate growth across North America. Wingspire Equipment Finance has deployed an...

Tiger Group is liquidating more than 100 late-model trucks and trailers across 22 states in a timed online auction opening April 14. The assets on offer include tractors by Freightliner, Peterbilt and Volvo, dry vans by Great Dane and Hyundai...

AtlasClear, a technology-enabled financial services holding company, submitted regulatory applications seeking approval to acquire Commercial Bancorp, a bank holding company and the parent company of Farmers State Bank, a Federal Reserve member bank. The applications were filed with the Federal...

Greenspoon Marder expanded its Los Angeles office with the addition of 10 attorneys from Resch Polster & Berger, a Southern California boutique law firm known for its business litigation and transactional practice. The team includes partners Ronald Resch, David Gitman,...

Olena Lifset, global commercial banking market executive at Bank of America, will become the bank’s new Oklahoma City president. She succeeds Tony Shinn, who successfully led the market since 2008, and is retiring after 20 years with the company. As...

Tiger Group launched Tiger Energy, a new global division focused on helping major energy companies identify, recycle and monetize surplus machinery and equipment (M&E) and rolling stock. Buoyed by eight recent new hires, the growing team is based in the...