News

First Bank reported Q1 2025 net income of $9.4 million with an ROA of 1%, despite an $815,000 write-down on a New York City OREO asset. The bank achieved strong loan growth of $92 million (12% annualized), concentrated in strategic...

Charleston, S.C. — Altriarch Asset Management (“Altriarch”) is pleased to announce a $30 million senior credit facility, provided in partnership with Revere Capital Management ("Revere Capital"), to support the acquisition of a rapidly growing provider of rent-to-own financing solutions based...

New York — Alphastream, an AI-powered private credit intelligence platform, announced its partnership with Intapp, a leading global provider of AI-powered solutions for professionals in advisory, capital markets and legal firms. Through this collaboration, Intapp will make Alphastream’s AI-driven platform...

AUSTIN, Texas–APRIL 23, 2025–nFusion Capital recently provided a $1 Million Factoring Facility to help the owner of an excavation, site preparation, and demolition services provider launch a related company offering civil engineering solutions. Based in Nashville, Tennessee, the construction company...

EL PASO, Texas, April 23, 2025 — Transtelco Holding, Inc. (doing business as Flō Networks, "Flō"), the leading independent business-to-business fiber bandwidth provider between key metropolitan markets in the Southwestern U.S. & Mexico, announced the refinancing of its credit facility...

STAMFORD, Conn. and NEW YORK, April 23, 2025 — Witt Lake Asset Management ("Witt Lake"), a newly established asset manager, is pleased to announce its official launch today with approximately $1.1 billion of assets under management. Witt Lake is focused...

  BRISTOL, ENGLAND - Specialist asset-based lender Ultimate Finance has increased its Asset Finance securitization facility with Lloyds, with an initial level of £100m rising to a new capacity of £145m. This is on the back of the lenders strong...

Columbia Banking System (Nasdaq: COLB), parent company of Umpqua Bank, has announced a definitive merger agreement to acquire Pacific Premier Bancorp (Nasdaq: PPBI) in an all-stock transaction valued at approximately $2 billion. The combined institution will have approximately $70 billion...

CLEVELAND — Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, announced that it has amended and extended the maturity of its existing $625 million, five-year asset-based revolving credit facility through April 17, 2030. The revolving credit facility...

NEW YORK — Assembled Brands Capital has provided Birddogs, a high-growth menswear brand with a strong direct-to-consumer footprint, with a new flexible credit facility. The financing will support Birddogs' expansion into wholesale channels and continued omnichannel growth. Founded in 2016,...