News

Versant Funding funded a non-recourse spot factoring transaction to a Midwest-based software provider.

J D Factors recently provided $1.72 million in factoring facilities for seven different clients.

Middle market organizations are accelerating digital transformation with 90% of companies planning to maintain or increase their digital spending in 2021, according to BDO Digital’s 2021 Middle Market Digital Transformation Survey, which polled 500 C-level executives.

Phoenix Management’s “Lending Climate in America” survey results reveal optimism in the U.S. economy with results for the near-term economy exceeding pre-pandemic predictions for the first time since the country shutdown due to COVID.

GlobeSt. Real Estate Forum named A&G Real Estate Partners to its annual list of retail real estate influencers, citing the firm’s success in saving American tenants $1.8 billion in occupancy costs and helping them stave off thousands of store closures...

Prelim, a fintech provider that optimizes digital banking experiences for financial institutions, has expanded its capabilities to assist more banks assist more small businesses.

CIFC Asset Management launched the CLO Initiative for Change, a philanthropic program connected to collateralized loan obligations issued by the firm and dedicated to supporting organizations driving social, economic and/or environmental change.

Tradewind Finance closed a €1.5 million ($1.8 million) export factoring facility for a producer of hazelnut items based in Turkey that sells to more than 50 countries.

Commercial Credit Group, an independent commercial equipment finance company, closed a private placement of $75 million aggregate principal amount of senior unsecured notes.

BC Partners Credit launched GP and NAV-based financing strategies, with Tom Glover serving as operating advisor. The strategy will address the private equity industry’s growing demand for non-dilutive debt and preferred equity capital.