News

NorthRock Partners and Sammons Financial Group formed a partnership aimed at enhancing and expanding a client-centric approach to the traditional wealth management industry.

Verdant Commercial Capital has surpassed $2 billion in equipment financing originations since the company’s inception in 2017. This milestone means the company has reached its second billion in half the time it took to reach its first billion.

According to research by Kroll Bond Rating Agency, primary market volumes for railcar asset-backed securities peaked in 2021, but volumes have fallen significantly over the past two years as the relationship between rising interest rates and asset yields has made...

With the increased risk of bankruptcy, transactional lawyers need to review and tighten their due diligence practices to protect their clients, according to Wolters Kluwer CT Corporation.

H.I.G. Capital, a global alternative investment firm with $59 billion of capital under management, and one of its affiliates completed the acquisition of a real estate portfolio in central Madrid, Spain, comprised of three buildings totaling 20,000 square meters.

Worldwide IT spending is projected to total $5.1 trillion in 2024, an increase of 8% from 2023, according to the latest forecast by Gartner.

First Citizens Bank’s CIT Commercial Services subsidiary recently closed three major client financing transactions, including a $50 million factoring facility, as well as working capital facilities totaling over $16 million.

Loanspark, a business lending as a service (BLaaS) provider and a company in the commercial lending sector, was recognized as the "2023 Lending Service of the Year" by Pan Finance.

Rashada Whitehead, Grant Thornton’s national managing principal of culture, immersion and inclusion, has been named a “Notable Leader in Diversity, Equity and Inclusion (DEI)” by Crain’s Chicago Business.

Alpine Ridge Funding, a factoring commercial finance company, announced its official launch. Strategically backed with equity from Mountain Ridge Capital, Alpine Ridge is focused on originating, underwriting and managing factoring facilities from $50,000 to $30 million.