News

GemCap completed transactions across five industries over the summer of 2022, totaling $12.9 million in financing.

Carestream Health is taking the planned next step to implement the recapitalization process with its lenders by voluntarily filing for reorganization under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of...

TAB Bank will help raise money to help the homeless reach goals of sobriety, employment and housing at the 2022 Ogden Rescue Mission Charity Golf Tournament on Friday, Sept. 9, at Wolf Creek Resort in Eden, UT. Hosted by the...

Commercial Finance Partners added accounts receivable financing to its direct funding program, relocated its internal operations to Boca Raton, FL, and hired Laurie Henriquez as a senior account executive.

The Seymour Bank and Teslar Software created a partnership to enhance the bank’s commercial lending strategy, increasing automation, efficiencies and accessibility through Teslar’s lending process automation platform.

According to a survey of corporate executives, business owners and private equity investors from Stifel Financial, inflation and the tight U.S. labor market represent the two biggest perceived threats to business today.

Magnifi Financial launched Ultum Group, a new credit union service organization (CUSO). The CUSO provides premiere end-to-end commercial and small business administration lending services to financial institutions in Minnesota and throughout the United States.

Solifi, a financial technology software partner for the secured finance industry, launched a software-as-a-service-based lease and loan pricing solution for the U.S. equipment and automotive finance industries.

Last week, Fifth Third Bank hosted its sixth Supplier Diversity Summit, providing an opportunity for suppliers to explore best practices and connect with Fifth Third representatives and other corporate and community partners.

Altera Infrastructure and certain of its subsidiaries executed a restructuring support agreement (RSA) with approximately 71% of Altera’s funded debt obligations, which includes Brookfield and a super-majority of its bank lenders.