News

Tiger Group’s commercial and industrial division posted company record sales of pro-grade audiovisual equipment in 2020.

First Trust Advisors, an exchange-traded fund provider and asset manager, launched a new, actively managed ETF, the First Trust TCW Emerging Market Debt ETF.

CIBC joined RMI's Center for Climate-Aligned Finance as a strategic partner. According to CIBC, it is the first Canadian bank to partner with the center's efforts to align financial decision-making with the long-term decarbonization of the real economy.

TCF’s middle market team was named a winner of the 2020 Greenwich Excellence Award for U.S. Middle Market Banking in two regional categories: cash management overall satisfaction and likelihood to recommend.

First Business Bank’s accounts receivable financing group closed a $2 million factoring facility for a client that provides consulting services in the telecommunication sector and is experiencing growth due to the expansion of 5G services.

LQD Business Finance, a Chicago-based tech-enabled alternative lender, launched development of a Bitcoin business lending platform.

Jacen Dinoff of KCP Advisory Group is serving as chief restructuring officer to Solstice Marketing Concepts in the company’s recent Chapter 11 filing.

Biddeford Holdings, a partnership between Gordon Brothers and New Mill Capital, acquired the real estate, machinery and equipment of a producer and marketer of packed bakery food.

Cogent Bank’s specialty lending group surpassed $100 million in loan commitments in fewer than 30 months.

LSQ recently originated a $10 million factoring credit facility within an expedited timeline for an Amazon vendor. The business, which reported a doubling in year-over-year sales growth, experiences seasonal boosts in demand for its fitness, health and recreational products.