News

Gateway Trade Funding promoted Malvin Tang to vice president and purchase order department head. In this role, Tang will oversee the operations of Gateway Trade Funding’s purchase order finance department, including deal structuring, transaction management and operational execution. Since joining...

Occidental Studios chose Tiger Group to auction more than 900 lots of lighting, power and rigging audiovisual gear. The timed, online auction at SoldTiger.com opens on Tuesday, March 17, at 10:30 a.m. (PT) and closes on Tuesday, March 24, at...

Oxford Commercial Finance recently provided a $1.5 million asset-based loan to an automotive transport and logistics company based in Michigan.

Quickpay Funding established a $1 million accounts receivable factoring facility for a mechanical services company specializing in the maintenance and optimization of complex manufacturing machinery. The facility delivers critical working capital to support the company’s specialized technical operations and growing...

The week ending March 14 delivered a stark reminder that geopolitical risk remains the dominant variable for middle market credit. Oil prices surged above $100 per barrel as the U.S.–Iran conflict intensified and the Strait of Hormuz closure continued to...

Commercial Finance Partners (CFP), a debt advisory and direct lending platform, closed a $4.5 million multi-tranche financing for a Southeast-based steel and tube manufacturer and distributor. The transaction included a $4 million asset-based revolving line of credit and $500,000 in...

A fund managed by Keystone recently extended and increased its commitment to $125 million for a senior secured revolving credit facility to a small business finance company based in New York and Florida. The credit facility will allow the company...

Eagle Point Credit Management, a private credit investment manager, provided the second in a series of two senior secured credit financings to Nexus Apex, owned by Nexus Data Centers, a data center developer backed by Transition Equity Partners. Nexus Data...

American Public Education, a company that aims to transform lives, advance careers and improve communities by providing online and campus-based postsecondary education to approximately 109,000 students, completed a comprehensive refinancing and entered into a new five-year, $130 million senior secured...

Bank of Ireland formed a partnership with Kennedy Lewis, a U.S.-based multi strategy private credit manager. The partnership will focus on originating and jointly deploying bank-led financing solutions for European mid-market buyouts. Kennedy Lewis has committed €2 billion to support...