News

Verint Systems Inc. (NASDAQ: VRNT), a provider of integrated computer systems design services with a market capitalization of $1.36 billion, has entered into a significant amendment to its existing credit agreement. The company announced today that it has amended its...

DALLAS — Triumph Financial, Inc. (Nasdaq: TFIN) has announced a slate of leadership changes, naming new presidents to head three of its core business units. Kim Fisk has been appointed president of the company’s factoring segment, following more than a...

NEW YORK — IDB Bank has arranged a $100 million dual-solution financing package for a New York-based for-hire vehicle and black car livery company, the bank announced Tuesday. The deal, in which IDB served as Administrative Agent, combines an asset-based...

SLR Healthcare ABL ("SLRHC") has provided an $8 million asset-based revolving credit facility to a Midwest-based senior living operator (the "Company"). The Company operates and manages over thirty skilled nursing facilities across multiple states that specialize in skilled nursing, rehabilitation,...

DALLAS — Haversine Funding has added Jacqueline “Jackie” Snyder to its team as an underwriter for its lender finance division, the company announced this month. Snyder has more than 10 years of experience in the factoring industry, including prior roles...

Associated Banc-Corp has expanded its commercial banking presence in Kansas City, Missouri, adding three experienced bankers to lead growth in the region. Matt Flynn, Alexander Burke and Mitchell Hind joined the bank’s commercial team this month as part of the...

MIAMI — Lafayette Square announced Monday it provided debt financing to Pacific General to support the firm’s majority acquisition of Lenwich Holdings, the New York-based sandwich chain known for its fresh, made-to-order offerings. The terms of the financing were not...

PLANO, Texas, March 25, 2025 – Legacy Corporate Lending, LLC ("Legacy"), an independent asset-based lending (ABL) company focused on serving the needs of middle market companies across North America, today announced the appointment of Dillon Lounsbury as Senior Vice President...

MADISON, WI, March 25, 2025 – First Business Bank's Accounts Receivable Financing group announces the funding of a $7.5 million factoring facility for a manufacturer of outdoor lighting products in the midst of a turnaround. "Our new client has faced...

Amerisource Business Capital announced the successful closing and funding of a $7 million working capital and acquisition facility for a Texas-based equipment service provider to the oil and gas industry. The acquisition will triple the firm's size. “We are pleased...