News

TaxNow, a tax underwriting and monitoring platform, is partnering with XEN, a multi-platform loan management software provider. This collaboration aims to improve the financial management landscape for lenders.

The credit facility Cortland Credit Group, a company in growth lending solutions, extended to Insulation Technology Group (ITG) was successfully repaid. Executed in June 2024, this repayment was almost precisely three years after the initial funding.

Global law firm White & Case advised Atlas Renewable Energy, an international renewable power company, on the development and financing of its first battery storage project.

Tower Partners, a lower-middle market investment bank, successfully executed the sale of REV Capital’s U.S. transportation factoring portfolio to the financial services division of Love's Travel Stops.

Commercial Credit Group (CCG) finalized a $458.7 million term asset-backed security (ABS) transaction. JP Morgan Securities served as structuring agent and lead bookrunner for the placement.

eCapital, a finance provider across North America and the United Kingdom, funded a $15 million confidential factoring plus inventory facility for a U.S.-based sponsor-backed beverage company.

Twain Private Credit launched its Truman Fund following approval from the U.S. Small Business Administration (SBA) for a new Small Business Investment Company (SBIC) license.

B. Riley Securities, a subsidiary of B. Riley Financial, served as financial advisor to Neurosurgery One, a neurosurgical and pain management practice, in its successful joint venture with AdventHealth, a nationwide network of non-profit hospitals and outpatient health care facilities.

Obra Capital, an asset management firm, partnered with the Solera Auto Finance (SAF) team in a management buyout from Solera. SAF will be rebranded as Arra Finance. The company will leverage these relationships for an expected Q3/24 market re-entry.

Inc. revealed that Asset-Based Lending (ABL) ranked No. 2,672 on the 2024 Inc. 5000, its annual list of the fastest-growing private companies in America.