News

Republic Business Credit provided a $5.5 million ledgered line of credit facility to a Texas-based oil field service and manufacturing company.

Percent and Anzen launched a new risk mitigation tool that offers accredited investors on Percent's platform access to credit default swaps, providing an added level of protection in the case of a default or related event.

The U.S. Bankruptcy Court for the Southern District of New York approved a plan of reorganization filed by LATAM Airlines Group and its subsidiaries in the context of its Chapter 11 reorganization proceeding.

SellersFunding, a financial technology provider for e-commerce sellers, added two new products to its lineup of working capital products: invoice factoring and purchase order financing.

Revlon and certain of its subsidiaries filed voluntary petitions for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of New York.

On Wednesday, the Federal Reserve made its third hike to the federal funds rate in 2022, increasing the rate to a range between 1.5% and 1.75%. According to Yahoo Finance, the 0.75 percentage point increase was “the largest move has...

Viva Capital Funding closed $18.5 million of senior secured notes to a group of institutional investors. Viva Capital Funding will use the proceeds to restructure existing debt and support additional growth of the business.

JDR Solutions will be servicing Sweet Leaf Madison’s customer base throughout the United States, managing all its real estate loans, equipment leasing transactions and secured term loans.

EQ Riskfactor, a provider of risk management software for the commercial finance market, is partnering with Solifi to offer asset-based lending customers a direct line of sight into collateral risk and performance in real-time.

Victory Park Capital closed its latest fundraise for its asset-backed opportunistic credit strategy. The fund is oversubscribed at $2.4 billion of committed and investable capital, including separately managed accounts investing alongside the fund.