News

SLR Business Credit rebranded its subsidiary Fast Pay Partners to SLR Digital Finance, which will provide asset-based loans and factoring facilities to ad tech and digital media businesses throughout the U.S.

TPC Group, a provider of products to chemical and petroleum-based companies, voluntarily filed for Chapter 11 protection in the U.S. Bankruptcy Court for the District of Delaware.

Debite, a financing platform for early-stage companies, launched in the UK with a mission to help businesses more effectively manage their cash flow and maximize growth potential.

Inovatec Systems, a provider of cloud-based software solutions for lenders, reached an agreement with Lightico, a software-as-a-service platform, to deliver digitally complete customer journeys to lenders in North America.

Blackstone Credit appointed Abby Miller chief accounting officer and treasurer of Blackstone Private Credit Fund and Blackstone Secured Lending Fund, Blackstone Credit's business development companies.

Angelo Gordon closed the AG Credit Solutions Fund II with $3.1 billion of equity commitments, exceeding the fund’s $3 billion target in seven months from the initial opening to final close.

Ocean Bank’s factoring division financed a $5 million factoring facility for a private equity-owned distributor of interactive digital marketing displays.

According to Phoenix Management's Q2/22 Lending Climate in America survey, supply chain disruptions and continued inflation are the biggest concerns for consumers and the U.S. economy.

CohnReznick launched a new awards program to recognize U.S.-based businesses that are “changing the game” through their commitment to environmental, social and governance strategies and practices.

Aphex BioCleanse Systems filed a voluntary petition under Chapter 11, subchapter V of the U.S. Bankruptcy Code. The petition was filed on May 12 in the United States Bankruptcy Court Middle District of Florida, Tampa Division.