News

Warsaw, NY-based Five Star Bank expanded its suite of small business products and services. Through a partnership with Numerated, a business banking financial technology company, Five Star Bank is now offering digital loan origination for small businesses.

J D Factors provided $8.725 million in new factoring facilities to 35 new clients in the U.S. and Canada during the month of July, including a $2 million factoring facility for a semiconductor sales company in California.

Blackstone closed its energy transition credit fund, Blackstone Green Private Credit Fund III (BGREEN III), which closed at its hard cap of $7.1 billion, representing the largest energy transition private credit fund ever raised, according to Blackstone.

Another tranche of molded-pulp packaging equipment from manufacturer Zume, a provider of anti-leak and compostable products for the global foodservice industry, will go to auction on Aug. 17 in a sale by Tiger Group and Liquidity Services.

Hilco Real Estate announced Sept. 14 as the qualifying bid deadline for the bankruptcy sale of a previously operating skilled nursing facility in Springfield, MA.

National CineMedia, a cinema advertising platform in the U.S., completed its financial restructuring process and emerged from Chapter 11 bankruptcy following the confirmation of the company’s plan of reorganization by the U.S. Bankruptcy Court for the Southern District of Texas...

Medalist Partners and Semper Capital Management expanded their partnership in the structured credit space, with Medalist formally announcing plans to integrate the Semper Capital business onto its platform.

Amyris, a synthetic biotechnology company, is moving forward with an operational and financial restructuring to further advance its ongoing strategic transformation and position the company for long-term success.

Instant Brands, a houseware and appliance manufacturer with brands like Pyrex and Instant Pot, received a commitment for an additional $30 million in new term loan financing from its existing lenders, increasing the amount of the company’s term loan credit...

CapitalPlus Financial Services, a provider of working capital solutions, funded a $650,000 factoring solution for a Houston-based subcontractor.