News

Ocean Bank’s factoring division has financed a $6 million factoring facility to a provider of IT services to media and entertainment companies.

Year-over-year U.S. bankruptcy filings increased 7% across all chapters for the second consecutive month in September, according to data released today from Epiq's bankruptcy analytics platform.

Pathward, a financial empowerment company, unveiled its new corporate brand and the launch of the company’s new website, Pathward.com. This follows the company’s name change from MetaBank earlier this year.

MyTechMag named Solifi, a global fintech software partner for secured finance, as one of the world’s top 10 banking technology solution providers in 2022.

According to a Morning Consult survey sponsored by Balboa Capital, a division of Ameris Bank, most of business decision-makers of U.S. small to midsize companies expect their sales to stay the same or grow in the fourth quarter of this...

Kabbage (KServicing), a servicer and subservicer of small business Paycheck Protection Program loans (PPP Loans), voluntarily filed for relief and protections under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware.

The Equipment Leasing and Finance Association will hold the 61st ELFA Annual Convention on Oct. 9-11, 2022. The event will be held at the JW Marriott Grande Lakes Resort in Orlando, FL.

Eighty two percent of small business owners want governments to do more to address inflation, according to a recent survey from Equifax Canada. Managing cash flows is one of the major challenges experienced by 60% %of survey respondents.

FNCB Bancorp entered into an asset purchase agreement between the bank’s investment arm, FNCB Wealth Management Services and Chiaro Investment Services. Following the closing of the transaction, FNCB Wealth Management Services will operate under a new brand, 1st Investment Services.

Saratoga Investment, a business development company, received notification from the Small Business Administration that the company’s application for a third Small Business Investment Company (SBIC) license has been approved.