News

Specialty finance firm Wingspire Capital expanded its product mix with the creation of a dedicated equipment finance division and named Tom Murray managing director of equipment finance.

The U.S. economy is moving from a post-reopening boom phase toward a moderating period, which, depending on policy prescription, may end up feeling like a mid-cycle slowdown in the second half of 2022, according to Mitsubishi UFJ Financial Group.

Crestmark secured a total of $46,424,626 in asset-based lending and factoring financial solutions for 22 new clients and the company’s government guaranteed lending group provided $107.95 million in financing for six new clients in December 2021.

Crown Partners, a debt advisory firm specializing in senior financing for U.S. companies, advised Arsenal Funding, a merchant cash advance provider, on its recently completed recapitalization.

FundThrough, a financial technology platform, acquired the invoice factoring business of financial technology company BlueVine. All BlueVine invoice funding division employees are joining FundThrough as part of the transaction.

Twin Brook Capital Partners, the middle-market direct lending subsidiary of Angelo Gordon, committed a company record $3.5 billion to private equity sponsors in support of healthcare transactions in 2021, completing 60 healthcare transactions across 33 subsectors.

Small business loan approval rates at big banks (more than $10 billion in assets) increased from 14.2% in November to 14.3% in December, and approval rates at small banks (under $10 billion in assets) rose from 19.9% in November to...

Golub Capital set company records for originations in both the fourth quarter and for the full year in 2021, closing more than $15 billion in commitments in Q4/21 and more than $36 billion for all of 2021.

Blue Owl Capital, a U.S.-based private credit and alternative asset manager, will bring its institutional quality middle-market direct lending capabilities to Canadian accredited investors.

Sterling National Bank's commercial services group provided a recourse factoring facility of $2.5 million to Web Packaging Solutions. The facility will provide working capital for the company.