News

The publishers of Monitor and ABF Journal launched a new website, Small Business Finance Insights (SBFI), serving small business lenders, intermediaries and funding sources with unmatched research, data and insights to power growth and better business decisions.

Coach USA, a provider of passenger transportation and mobility services, commenced voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the District of Delaware to facilitate sale processes.

eCapital, a tech-enabled finance provider specializing in tailored solutions for businesses across North America and the United Kingdom, has funded a $15 million factoring facility for a technology firm in the transportation industry.

Rosenthal & Rosenthal, a factoring, asset-based lending, purchase order financing and inventory financing firm, completed a $2 million recourse factoring deal for a disabled veteran-owned business focused on providing staffing to local and state agencies.

Wells Fargo Investment Institute (WFII) released its “2024 Midyear Outlook: Approaching the Economy’s Pivot Point,” which highlights economic and market forecasts, favored sectors, top portfolio ideas for the next 18 months.

B. Riley Securities, a middle market investment bank, served as sole bookrunner and underwriter to Lilium, developer of the first all-electric vertical take-off and landing (eVTOL) jet.

Global private equity and venture capital deal value in May grew 29.2% to $61.73 billion from $47.56 billion in the same month in 2023, according to new S&P Global Market Intelligence data and analysis.

KBRA released research about the connection between appraisal values of distressed loans and CMBS performance. In light of the continued rise in CMBS delinquency rates, KBRA reviewed updated appraisal values from January 2021 through May 2024 of distressed CMBS 2.0...

Nevada Copper and its subsidiaries have filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the Bankruptcy Court of the District of Nevada.

Ares Commercial Finance (ACF) marked 10 years as the commercial finance platform of Ares Management. Through the years, ACF has expanded the team to over 40 full time employees, increased its footprint to eight offices and enhanced its product suite.