News

Teligent filed for voluntary protection under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the District. In connection with the filing, Teligent appointed Vladimir Kasparov of Portage Point Partners to the role of chief...

Merchants Fleet, a fleet management company, expanded its core member funding group, enabling the company to access $2 billion of capacity to lease vehicles and equipment for clients as well as to invest in continued growth. BNP Paribas is leading...

Middle-market private companies in the Golub Capital Altman Index experienced EBITDA growth of 21% and revenue growth of 24% in July and August 2021 compared with their July and August 2019 earnings and revenue.

RDM Capital Funding, a technology enabled specialty finance company, is formally rebranding as FinTap. The rebrand is part of RDM's growth strategy and comes after the company closed its up to $50 million credit facility with Arena Investors, marking an...

Riverbed Technology entered into a restructuring support agreement regarding the terms of a financial restructuring. Upon consummation of the recapitalization, a group of institutional investors led by Apollo Global Management will become the majority owners of the company.

Trinity Capital, a division of Citizens Capital Markets, served as the exclusive financial advisor to CLC Northwest and affiliates, a Taco Bell and KFC franchisee, on the sale of its 18 eastern Washington and six Billings, MT, area Taco Bell...

National Funding renewed and upsized its $60 million senior secured warehouse line of credit. The facility includes an accordion to expand to $75 million. National Funding also secured a $55 million investment-grade-rated corporate note financing.

Small business loan approval percentages at big banks (or those with $10 billion or more in assets) increased to 14% in September. Meanwhile, approval rates at small banks rose to 19.5% in September from 19.3% the month before, according to...

Rosenthal & Rosenthal completed a $5 million joint factoring, inventory funding and purchase order financing facility to support the growth capital needs of a Georgia-based manufacturer and distributor of office furniture and products.

IDS and its recently acquired companies, William Stucky and Associates and White Clarke Group, launched a new company identity and will now be known as Solifi.