News

LATAM Airlines Group filed a plan of reorganization, setting the stage for its exit from Chapter 11. The plan proposes the infusion of $8.19 billion into the company through a mix of new equity, convertible notes and debt.

BMO Financial Group pre-purchased the permanent removal of 1,000 tons of carbon dioxide from the atmosphere through direct air capture technology.

D.A. Davidson served as exclusive financial advisor to QuickFee Limited in establishing a new $70 million multi-currency asset-backed financing with Northleaf Capital Partners.

White Oak Commercial Finance, an affiliate of White Oak Global Advisors, provided a $3 million non-recourse advance factoring facility to a family-owned apparel manufacturer focused on delivering clothing for women.

New York City-based financial technology firm Iron Capital Equities rolled out a bank application database system to give small businesses a better chance of receiving bank approval for a line of credit.

Alpha Latam Management received bankruptcy court approval for the proposed sale of the loan portfolio and certain related assets of debtor entities Alpha Capital and Vive Créditos Kusida to CFG Partners Colombia following an auction process.

Solifi (formerly IDS), a financial technology software partner for secured finance companies, has secured 11 new customers and 14 ‘go-lives’ so far in 2021.

According to a new study from Biz2Credit, businesses in the financial services and insurance industries have recovered the fastest from the effects of the COVID-19 pandemic compared with other industries.

White Oak Commercial Finance, an affiliate of White Oak Global Advisors, provided a $5 million factoring facility to a Texas-based government contractor specializing in providing support services to the U.S. government and subcontractors.

Porter Capital funded an $8.5 million credit facility for a Tier-1 automotive parts manufacturer.