News

Verdant Commercial Capital celebrated its fifth anniversary recently. Verdant is also positioned to reach nearly $600 million in annual originations by the end of 2022.

Gordon Brothers formed a strategic alliance with TAGeX Brands to provide real estate and equipment services to support the food service industry, including the purchase of surplus equipment and real estate.

REV Capital funded a $7.5 million factoring facility to a temporary staffing company in Tennessee. The company provides temporary staffing, temp-to-hire and direct hire placements to several Fortune 500 companies.

Versant Funding funded a $5 million non-recourse factoring transaction to a tech company which sells hardware and software to major media companies.

Ocean Bank’s factoring division has financed a $6 million factoring facility to a provider of IT services to media and entertainment companies.

Year-over-year U.S. bankruptcy filings increased 7% across all chapters for the second consecutive month in September, according to data released today from Epiq's bankruptcy analytics platform.

Pathward, a financial empowerment company, unveiled its new corporate brand and the launch of the company’s new website, Pathward.com. This follows the company’s name change from MetaBank earlier this year.

MyTechMag named Solifi, a global fintech software partner for secured finance, as one of the world’s top 10 banking technology solution providers in 2022.

According to a Morning Consult survey sponsored by Balboa Capital, a division of Ameris Bank, most of business decision-makers of U.S. small to midsize companies expect their sales to stay the same or grow in the fourth quarter of this...

Kabbage (KServicing), a servicer and subservicer of small business Paycheck Protection Program loans (PPP Loans), voluntarily filed for relief and protections under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware.