News

Ambri, a provider of long-duration liquid metal battery storage systems, agreed to the terms of a stalking horse purchase agreement with a consortium of its lenders. To facilitate the sale, Ambri has filed voluntary petitions for reorganization under Chapter 11...

SVB Financial Group entered into a definitive agreement under which a newly created entity affiliated with Pinegrove Capital Partners will acquire SVB Capital, SVB Financial Group’s investment platform business.

KeyBank's 2024 Small Business Survey found that 65% of small business owners feel confident they could fund their operating expenses for one month with their cash reserves if an unexpected need arose.

eCapital closed a $5 million non-notification ledger line factoring facility for a private equity-backed medical supply company.

The majority of today’s business leaders expect to achieve revenue growth this year, with 32% believing revenues will grow by more than 10%, according to the 2024 Working Capital Survey from C2FO, an on-demand working capital platform.

A majority of small and mid-sized business (SMB) owners expect their revenues to increase this year, and their worries over a recession have declined substantially, according to the 2024 Bank of America Business Owner Report, conducted in partnership with Bank...

The Citizens Business Conditions Index fell to 48.2 in Q1/24 as business activity normalized from elevated levels in recent quarters. The reading below 50 indicates that economic momentum slowed during the first quarter against a backdrop of moderately restrictive monetary...

JOANN emerged from its court-supervised financial restructuring process and has substantially reduced its funded debt by half. The company further enhanced its liquidity through a $153 million exit financing facility that replaces the previously-announced debtor-in-possession financing.

Private equity executives are notably more optimistic about deal activity in 2024, with 60% expecting an improvement compared to 34% last year, according to S&P Global Market Intelligence's 2024 Private Equity and Venture Capital Outlook.

Republic Business Credit partnered with a science-based food company that needed additional working capital to expand into new retail channels, providing a $1.5 million recourse factoring facility to supply the company with working capital to pay its vendors in a...