News

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.

The Seymour Bank and Teslar Software created a partnership to enhance the bank’s commercial lending strategy, increasing automation, efficiencies and accessibility through Teslar’s lending process automation platform.

According to a survey of corporate executives, business owners and private equity investors from Stifel Financial, inflation and the tight U.S. labor market represent the two biggest perceived threats to business today.

Magnifi Financial launched Ultum Group, a new credit union service organization (CUSO). The CUSO provides premiere end-to-end commercial and small business administration lending services to financial institutions in Minnesota and throughout the United States.