News

nFusion Capital sold its transportation factoring portfolio to a provider of factoring services for motor carriers and owner-operators.

Average annual revenue for Latino businesses increased by 23.1% in 2022 – 2023 over the previous 12-month period, according to the annual Biz2Credit Latino-Owned Business Study.

Kyriba, a provider of cloud-based finance solutions, will be working on providing its platform solutions and services to RBC, supporting the bank’s ongoing innovation journey in supply chain finance as the bank helps its business clients optimize its working capital...

Percent formed a new partnership with a multibillion dollar, U.S.-based, alternative credit investment manager.

Brightwood Capital Advisors priced Brightwood Capital MM CLO 2023-1, a $319 million collateralized loan obligation. This CLO represents the fifth CLO issued by the firm since 2019.

According to Umpqua Bank’s recently released annual business barometer, while concerns about the direction of the U.S. economy persist, business optimism is rising and expectations for revenue and profitability are increasing.

Oxford Commercial Finance, a subsidiary of Oxford Bank, expanded its line of working capital solutions for small to medium-sized businesses with the addition of purchase order financing as an add-on to the lender’s accounts receivable and asset-based loan products.

UpHealth, a global digital health company delivering technology platforms, infrastructure and services to modernize care delivery and health management, filed a voluntary petition for reorganization under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the...

Safe Harbor Financial, a provider of financial services and credit facilities to the regulated cannabis industry, launched a portfolio of line of credit products for cannabis businesses in the U.S.

Big Cypress Capital, an SB360 Capital Partners affiliate, along with 4 Rivers Property Group and Declaration Partners, formed a joint venture to develop ground-up Class A self-storage facilities in high-growth markets throughout the Southeast.