News

MidCap Financial, a commercial finance company focused on middle market transactions, provided a $90 million senior secured credit facility to Everde Growers. Proceeds from the credit facility were used to finance the acquisition and exit from bankruptcy as well as...

Commercial chapter 11 filings totaled 733 in May, an increase of 62% over the 453 filings in April, according to data provided by Epiq AACER, a provider of U.S. bankruptcy filing data. The overall May commercial filing total of 2,695...

SLR Credit Solutions, a provider of direct private credit solutions for middle market businesses, added Taylor Stewart as director of originations. With over 12 years of industry experience, Stewart brings deep expertise in originating, structuring and underwriting asset-based and cash...

Trinity Capital, an alternative asset manager, committed $40 million in growth capital to Paytient, a healthcare payments company helping people better access and afford care. “Paytient is addressing a growing need in the healthcare landscape by making care more accessible...

Mitsubishi HC Capital America, a non-bank, non-captive finance provider in North America, conducted a survey of clients across the transportation and construction industries to understand the challenges of modernizing supply chains. As manufacturers look to modernize operations and plan for...

Wintrust Receivables Finance (WRF) provided a $40 million accounts receivable line of credit for a well-established Midwest-based third-party logistics firm. Over the previous year, the company had experienced a number of financial challenges brought on by a weak domestic transportation...

Turning Rock Partners released the following Q1/25 market commentary: U.S. policymakers played that song repeatedly into the early part of May as they beat the tariff drum, seeking to both modify regimes across foreign trading partners and to create disruption...

Provident Bank, a New Jersey-based financial institution, has released the results of its Mid-Year Business Outlook Survey, taking stock of business owner sentiment as they navigate a nuanced macroeconomic environment dominated by looming tariffs. This year’s survey revealed positivity around the...

Clarus Capital, a private credit firm specializing in equipment finance, partnered with a major U.S. bank to support its growing customer with a $40 million equipment lease facility for a sponsor-backed contract beverage co-packer. Clarus proceeds will support the year-long...

Udemy, an AI-powered skills development platform with nearly 80 million users globally, closed a new $200 million senior secured revolving credit facility. The facility, which matures on May 30, 2030, provides Udemy with enhanced financial flexibility to support its long-term...