News

According to data released by the Secured Finance Network, asset-based lenders proved resilient in the second quarter despite the economic pain of surging inflation and rising interest rates.

Express Trade Capital (ETC) secured a deal for a Hong Kong-based denim manufacturer. To support an expected annual sales revenue of $15 million, ETC created a $7 million factoring facility and a $3 million purchase order funding line.

EisnerAmper was named the “Best Auditor—Middle Market” at the HFM U.S. Services Awards 2022. The HFM U.S. Services Awards recognize hedge fund service providers that have demonstrated exceptional client service, performance and innovation over the past 12 months.

TD Bank plans to build approximately 15 stores in Charlotte, NC, by 2025 to serve the city's rapidly increasing population. The bank anticipates opening an initial set of stores in summer 2023.

Force 10 Partners have successfully sold Watsonville Community Hospital and its plan became effective on Sept. 9, 2022, helping secure a fresh start for the hospital as a not-for-profit facility under the ownership of the newly formed Pajaro Valley Health...

HCAP Partners closed its second SBIC fund, HCAP Partners V. The fund was oversubscribed with total commitments of $353 million including anticipated leverage from the SBA, exceeding the initial fundraising target by more than 40%.

Olympia Sports, Antero Brands’ athletic footwear and apparel chain, has selected SB360 Capital Partners, as its exclusive consultant to conduct “Going Out of Business” sales in its remaining 34 stores.

According to the latest Biz2Credit Small Business Lending Index, small business loan approval percentages at big banks (more than $10 billion in assets) dipped from 15.3% in July to 15.1% in August but rose at small banks from 21.2% in...

National Business Capital secured a combined $11 million in capital to support an entrepreneur looking to take their operation to the next level.

CIT’s healthcare finance business provided $50.8 million to Seavest Healthcare Properties for the refinancing of Providence Family Wellness Center and Medical Office building.