News

SLR Business Credit (SLRBC) closed a $10 million senior secured asset-based lending credit facility to a 50 year-old distributor specializing in diesel fuel, gasoline, oil products and lubricants. The collateral consists of accounts receivable to domestic corporate entities. The facility...

JPalmer Collective (JPC), an asset-based lending (ABL) firm focused on women-led and high-growth consumer brands, closed a $1 million asset-based line of credit line, expandable up to $5 million, to Lioness, a functional fruit snack made specifically for women, with...

Great American Capital, a partnership majority owned by GA Group and funds managed by Oaktree, participated in a new $600 million asset-based lending facility for a multi-channel retail and media company, arranged in connection with the company’s successful completion of...

Entrepreneur Growth Capital (EGC) closed a $3 million asset based line of credit to a 10-year old, Chicago-based staffing company known as a digital talent marketplace. After years of missing projections and tripping covenants, the company’s long-time banking partner decided...

Gateway Trade Funding, a provider of purchase order finance and stretch finance solutions, recently provided more than $4.7 million in stretch finance facilities across 15 transactions, helping businesses throughout the United States and Canada access the capital needed to fulfill...

First Business Bank’s accounts receivable financing team funded a $7.5 million ledgered line facility for a Massachusetts-based company that performs in-store product audits for major consumer brands. The facility provides working capital to support the company’s continued growth. “Our client...

Vistina, an investment bank specializing in strategic advisory, structured credit and asset-based financing and a wholly owned subsidiary of Hoplon Capital, added Adrian Smith as a managing director focused on structured finance. In this role, Smith will help expand Vistina’s...

First Financial Bancorp made several important leadership promotions and expanded executive responsibilities within the company. The organizational changes, which are effective immediately, are designed to create opportunities for rising top talent, place future leaders into positions to learn and grow...

Bicameral Corp has been admitted to the International Factoring Association (IFA)’s Preferred Ally Membership Program. Through this partnership, IFA members will receive special benefits and pricing for ExamFlow, Bicameral’s invoice audit and verification platform. “We are pleased to welcome Bicameral...

Tiger Group will auction more than 240 late-model trucks and trailers surplus to the ongoing needs of a national commercial truck-driving school. The timed, online auction opens on Thurs., Sept. 17, at 10 a.m. (CT) and closes on Thurs., Sept....