News

Small businesses and legal and compliance professionals are increasing their levels of readiness to comply with new U.S. beneficial ownership reporting requirements, according to the results of a new poll by Wolters Kluwer CT Corporation.

Citizens Business Conditions Index rose to 51.8 in Q4/23, supported by continued resilience in the labor market and consumer trends. The second consecutive quarterly reading above 50 indicates that the U.S. economy exited 2023 with momentum.

Oxford Commercial Finance, a subsidiary of Oxford Bank, recorded $64 million in funding for small and mid-sized businesses in 2023, its first full year in business.

Blue Bridge Financial, an independent commercial equipment finance company, closed a one-year extension of its $135 million revolving credit facility with DZ BANK.

B. Riley Securities, a middle-market investment bank and subsidiary of B. Riley Financial, served as the exclusive financial advisor to AdCellerant in connection with its strategic investment from Clearview Capital.

During the “first day” hearing of Brazilian airline GOL Linhas Aéreas Inteligentes’s Chapter 11 bankruptcy proceeding in the U.S. Bankruptcy Court for the Southern District of New York, the court approved the airline’s interim access to $950 million debtor-in-possession financing.

According to investment bank Union Square Advisors, in the second half of 2023, there was a meaningful increase in the number of technology companies making the decision to raise capital or pursue a strategic transaction, fueling its optimism that dealmaking...

Brazilian airline GOL Linhas Aéreas Inteligentes voluntarily filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the Southern District of New York. GOL entered the process with a financing commitment for $950 million in new debtor-in-possession financing.

The TCW Group, a global investment firm with more than $200 billion of assets under management, launched a dedicated asset-backed finance business that will be anchored with more than $1 billion in capital commitments from TCW, its partners and affiliates.

According to a study from Runway Growth Capital, 88% of venture capital firms reported their portfolio companies plan to pursue venture debt in the next 12-18 months and 67% of entrepreneurs are willing to raise venture debt with a non-bank...