News

Forbes recently unveiled its 2025 America’s Best Banks list, and Republic Bank secured the No. 9 position nationally. “We’re incredibly honored to have made Forbes respected America’s Best Banks list again this year, moving into the top 10 in 2025,”...

FreightCar America, a diversified manufacturer and supplier of railroad freight cars, railcar parts and components, closed a new asset-based lending credit facility with Bank of America. The new ABL credit agreement will provide FreightCar America with a $35 million revolving...

Ares Credit funds served as the administrative agent on $300 million in incremental debt financing for Tempus AI, a technology company aiming to lead the adoption of AI to advance precision medicine and patient care. The financing is intended to...

Republic Business Credit hired Chris Costello as senior vice president, underwriter. Costello will join Republic’s New Orleans office, reporting directly to the head of Underwriting, Brian Daray. Costello is a seasoned professional with extensive experience in asset-based lending (ABL), bringing...

OppFi, a tech-enabled, specialty finance platform, increased the existing revolving credit facility among one of the company’s subsidiaries and affiliates of Blue Owl Capital to $300 million, up from $250 million. Blue Owl acquired Atalaya Capital Management in September 2024....

The International Factoring Association (IFA) named NN6 and Coface Services North America preferred ally members. "We are pleased to welcome NN6 and Coface to our Preferred Ally Membership Program," Tania Daniel, executive director of the IFA, said. "Their dedication to...

Affiliates of Stellus Capital Management provided senior debt financing and an equity co-investment in support of ICV Partners' investment in Environmental Remedies, an asbestos abatement service provider in the state of California. "ERI's focus on the restoration and insurance end...

Austin Financial Services (AFS) closed a $3 million asset-based lending facility (ABL) to a leading manufacturer of sheet metal components serving the railroad and automotive sectors. The financing solution was comprised of an accounts receivable and inventory revolver, as well...

Dominion Lending Centres amended and extended its credit facilities with The Toronto-Dominion Bank effective Feb. 18, 2025. The maturity date for the credit facilities has been extended from Dec. 19, 2026 to Feb. 18, 2030. The amended credit facilities are...

Alvarez & Marsal (A&M), a global professional services firm, has appointed Anthony Italiano as managing director and co-leader of its Broker-Dealer Investigations & Compliance practice within the firm’s Disputes and Investigations (DI) group. Co-leading the Broker-Dealer practice, alongside managing director...