News

TAB Bank has extended a $3.5 million factoring facility with a $1.5 million inventory sublimit to Cadillac Coffee. The new facility will provide funding, service and support for the company so it can continue providing customer satisfaction, delivered through its...

The Hedaya Capital Group recently provided a $1 million factoring facility to a New York-based apparel company specializing in the import and distribution of branded men’s underwear. The facility will provide the working capital needed to support expansion initiatives and...

CIBC Bank USA Asset Based Lending provided a new $25 million senior revolving credit facility to MCI Ventures and subsidiaries (d/b/a Mr. Crane). The financing will refinance existing debt, repay equipment notes and support the purchase of rental equipment to...

eCapital, an AI-powered fintech company building the next generation of specialty finance, provided a $10 million asset-based lending revolving credit facility to a Florida-based flight training company undergoing an extensive operational and financial restructuring. The financing provides critical working capital...

Oxford Finance, a specialty finance firm, closed an asset-based lending facility for Serena & Lily, a home furnishings and lifestyle brand. The facility refinances the company’s existing credit facility and provides additional capital to support strategic growth initiatives, including the...

Orange EV, a manufacturer of zero‑emissions terminal trucks, entered into a $100 million revolving credit facility led by Wells Fargo Bank. The senior secured facility strengthens Orange EV’s balance sheet and provides increased liquidity to support working capital needs, the...

Global business advisory firm EisnerAmper added Scott Moritz as managing director in the forensic, litigation and valuation services (FLVS) practice within the financial advisory services group, effective June 2026. With nearly 40 years of experience, Moritz is a nationally recognized...

U.S. Bank named Eric Gonzales healthcare business banking region executive for the West, where he will lead a growing team of 18 bankers serving medical, dental and veterinary practitioners across a 10-state footprint. Gonzales joins U.S. Bank from a regional...

XEN, an origination and management platform for factors and lenders, partnered with Primary Funding, a California-based factor and direct lender for over 30 years, which now manages all new client origination on the XEN platform. Since launching on XEN earlier...

Revman International received expanded funding and banking solutions from First Citizens Bank. Revman increased its existing ABL revolver to $55 million and secured a new $32 million commercial real estate loan with First Citizens’ Commercial Bank, bringing the total financing...