News

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.

TAB Bank is celebrating 25 years of providing financial solutions for businesses, families and individuals across the U.S.

U.S. Bank launched a new cross-business initiative to serve healthcare practices with up to $25 million in annual revenue, appointing Joe Persichetti head of healthcare business banking to lead the effort.

H.I.G. Capital closed H.I.G. Middle Market LBO Fund IV. The fund closed with aggregate capital commitments of $5.5 billion in addition to co-investment separately managed accounts of $450 million, significantly exceeding its original target.

eCapital reported a summer surge in deals within its asset-based lending group, securing a combined aggregate value exceeding $160 million in new facility commitments.