News

BizCap secured a $20 million credit facility for Schweizer, a manufacturer of helicopters and an aviation industry parts supplier. The new asset-based loan credit facility will be used to finance production, enabling Schweizer to meet the increased demand for its...

Kapitus, a provider of small business financing, closed $95 million in additional funding capacity, bringing its total debt facilities to $360 million.

Fosun International Limited and HSBC Bank (China) renewed a strategic cooperation agreement today to provide strong support for Fosun International and its subsidiaries in the aspects of global operation and investment capabilities, growth strategies, financial resources and more.

Lumileds Holding, a global provider of innovative lighting solutions, entered into a restructuring support agreement with its lenders.

J D Factors recently provided $2.72 million in factoring facilities, including a $500,000 factoring facility to a distribution company in New Jersey.

Gateway Trade Funding partnered with a factoring company to provide a $3 million purchase order facility to a company supplying healthcare masks.

GemCap completed transactions across five industries over the summer of 2022, totaling $12.9 million in financing.

Carestream Health is taking the planned next step to implement the recapitalization process with its lenders by voluntarily filing for reorganization under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of...

TAB Bank will help raise money to help the homeless reach goals of sobriety, employment and housing at the 2022 Ogden Rescue Mission Charity Golf Tournament on Friday, Sept. 9, at Wolf Creek Resort in Eden, UT. Hosted by the...

Commercial Finance Partners added accounts receivable financing to its direct funding program, relocated its internal operations to Boca Raton, FL, and hired Laurie Henriquez as a senior account executive.