News

Mobile OptiX, a U.S.-based company that provides healthcare social assistance through qualified optical professionals, completed a $400,000 factoring facility with Marco.

Brightwood Capital Advisors, a middle-market private credit firm, deployed nearly $2 billion of capital to 35 new borrowers in fiscal year 2022. The growth across Brightwood’s platform has led the firm to meaningfully add to its team since the beginning...

The spring 2023 Best and Brightest Companies To Work For in the Nation list, curated by the National Association for Business Resource, featured Everest Business Funding among its honorees.

Diebold Nixdorf, a banking technology service provider, entered into a restructuring support agreement with certain of its financial stakeholders, including creditors who hold a majority of its secured term loan debt, to effectuate a debt restructuring transaction.

Standard Lithium signed a mandate with BNP Paribas to act as exclusive financial advisor to the company in connection with limited recourse debt financing. The debt financing will be used to fund the majority of the company’s proposed first commercial...

PerCina Report launched as a credit underwriting tool designed for the equipment finance and structured credit markets. PerCina Report intends to empower credit analysts at any skill level to create higher-quality credit reports more efficiently.

Factoring Finans, a Norwegian business finance provider, selected Lendscape, an international secured finance technology vendor, as its new factoring technology partner.

Biz2Credit and CPA.com introduced a new SBA 7(a) lending option to the CPA Business Funding Portal, a cloud-based platform that supports accounting firms in securing business financing options for clients.

After June 30, Truist Financial will use CME term SOFR as the replacement reference rate for certain outstanding floating rate and fixed-to-floating rate debt securities and preferred stock that use three-month U.S. dollar LIBOR as the reference rate.

Republic First Bancorp, the parent company of Republic First Bank, is dedicating additional resources to grow its Small Business Administration (SBA) team under the direction of Arnie Horvath, executive vice president and SBA director for the bank.