News

nFusion Capital extended a $2 million factoring line to Lone Star Pipe Services, a Texas-based, family-owned and operated business that needed working capital to purchase equipment and inventory, recruit skilled workers, meet payroll obligations, invest in advertising and more.

According to S&P Global Market Intelligence’s new analysis, private equity dry powder held a record of $2.62 trillion and accumulated at an accelerated pace in the first half of 2024.

Based on a referral from a California CPA firm, a rapidly expanding apparel manufacturer has chosen Republic Business Credit as its preferred factoring partner. Republic provided a $3 million factoring facility, which was promptly increased to $4 million.

A Tiger Group auction on July 23 features late-model, state-of-the-art equipment that is excess to the ongoing operations of a renewable energy technology company. The timed, online auction, closes on July 23 at 10:00 a.m. PT. Bidding opens on Tuesday,...

The NFIB Small Business Optimism Index reached the highest reading of the year in June at 91.5, a one-point increase from last month. The last time the index was higher was in December of 2023 when it reached 91.9.

eCapital, a tech-enabled finance provider for middle-market businesses in North America and the UK, has successfully facilitated a $3 million confidential factoring line of credit for a consortium of companies providing critical services to the mining sector across Canada.

Crescent Private Credit Income, launched by Crescent Capital Group, will be made available on iCapital Marketplace. Through this collaboration, iCapital will provide Advisors Asset Management with access to its global network of wealth managers and advisors on the platform.

Kennedy Lewis Investment Management, an alternative credit firm, and the California State Teachers’ Retirement System (CalSTRS), entered a strategic partnership focused on senior corporate lending for non-sponsored borrowers.

Tiger Group’s advisory services division has facilitated the sale of athleisure lifestyle brand Outdoor Voices to consumer-focused investment manager Consortium Brand Partners.

Tortoise Capital and 503 Capital Partners have entered into a definitive agreement for 503 Capital to acquire Tortoise’s private credit platform. 503 Capital is a newly-formed entity comprising the investment and management team of Tortoise’s private credit division.