News

Debite, a financing platform for early-stage companies, launched in the UK with a mission to help businesses more effectively manage their cash flow and maximize growth potential.

Inovatec Systems, a provider of cloud-based software solutions for lenders, reached an agreement with Lightico, a software-as-a-service platform, to deliver digitally complete customer journeys to lenders in North America.

Blackstone Credit appointed Abby Miller chief accounting officer and treasurer of Blackstone Private Credit Fund and Blackstone Secured Lending Fund, Blackstone Credit's business development companies.

Angelo Gordon closed the AG Credit Solutions Fund II with $3.1 billion of equity commitments, exceeding the fund’s $3 billion target in seven months from the initial opening to final close.

Ocean Bank’s factoring division financed a $5 million factoring facility for a private equity-owned distributor of interactive digital marketing displays.

According to Phoenix Management's Q2/22 Lending Climate in America survey, supply chain disruptions and continued inflation are the biggest concerns for consumers and the U.S. economy.

CohnReznick launched a new awards program to recognize U.S.-based businesses that are “changing the game” through their commitment to environmental, social and governance strategies and practices.

Aphex BioCleanse Systems filed a voluntary petition under Chapter 11, subchapter V of the U.S. Bankruptcy Code. The petition was filed on May 12 in the United States Bankruptcy Court Middle District of Florida, Tampa Division.

The American Bankruptcy Institute’s asset sales committee named Keen-Summit  Capital Partners the winner of the asset sale of the year award for its sale of the 6,400-acre Big Horn ranch in the Chapter 11 proceeding of Lighthouse Resources.

CIT’s real estate finance business provided $30 million for the acquisition of Madison Grove Apartments, a 171-unit multi-family complex located in the north Phoenix area, by Brass Enterprises.