News

With 88% of global carbon emissions now covered by a net-zero goal, climate tech has outperformed and investors remain committed to the sector, according to a new report from Silicon Valley Bank (SVB), a division of First Citizens Bank.

Franklin Capital funded two, $1 million factoring facilities. Both, UK-based companies — an IT supply staffing company and a media powerhouse — reached out to Franklin Capital in order to support the growth of U.S. subsidiaries.

Wolters Kluwer has unveiled a compilation of penalties imposed by U.S. financial services regulators over the past several years, providing compliance officers strategic insights into the aggregate volumes and penalty amounts issued to financial services institutions.

The 2024 Biz2Credit Top 25 Cities for Small Business Study identified San Jose, California, as the top city for small businesses in its annual financial analysis that used data from 2023. The other top 5 cities are: San Francisco, CA;...

The Baldwin Group priced the previously announced offering by its direct subsidiary of $600 million (representing an upsize from the previously announced $500 million) aggregate principal amount of senior secured notes due 2031.

Sam Ash filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the District of New Jersey. Tiger Group and Gordon Brothers are now conducting store closing sales at all 42 remaining stores as Sam Ash pursues options...

90% of small the small business owners surveyed in TD Bank’s 2024 Small Business Survey noted their optimism for the future of their business in the next 12 months, which is up from 80% in 2023 despite the prolonged turbulence...

The Hedaya Capital Group provided a $5 million factoring line to a home textiles vertical mill business. Partnering with Hedaya gave the company the flexible working capital it needed to continue its growth trajectory.

Byline Sponsor Finance, a division of Byline Bank, has provided financing to support Prospect Partners’ recapitalization of Warren Roofing & Insulating, Cleveland Building Restoration and Total Roofing Services.

eCapital closed a $3.5 million confidential factoring facility for an organic food manufacturer. eCapital’s solution integrated confidential invoice factoring with inventory financing, providing the client with liquidity to support its day-to-day operations and growth initiatives.