News

Context Business Lending launched an e-commerce division, which was designed to specifically address the needs of e-commerce companies.

Many small and mid-sized business owners strongly support vaccinations for COVID-19 and plan to encourage their employees to get the shots, which are central to a return to normalcy, according to the latest PNC semi-annual national small business survey.

Crestmark secured a total of $29,940,115 in asset-based lending financial solutions for 15 new clients and Crestmark Equipment Finance provided $21,737,910 in 14 new lease transactions in late January and early February.

Monroe Capital sponsored MCAP Acquisition Corporation, a special purpose acquisition company. This is the third SPAC for which Monroe Capital has participated as a sponsor investor.

MobiTV voluntarily filed for relief under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware. MobiTV intends to use these proceedings to implement a restructuring process. FTI Consulting is serving as the...

Capitala Group, a capital provider to lower middle market companies, closed on an investment in Fremont-Wright. Capitala partnered with SouthWorth Capital Management on the transaction in support of Fremont-Wright’s next phase of growth.

Alternative asset management firm Crescent Capital Group’s European specialty lending strategy refinanced existing banking facilities for Avania, a global contract research organization focused on medical technology development.

More than half (52%) of financial institutions expect to have more gig-based employees over the next three to five years, according to a report from PwC.

Commercial finance platform Solar Capital Partners changed its name to SLR Capital Partners.

Old Hill Partners provided a $5.1 million senior secured drawdown facility to an acquirer and lessor of standard 40’ shipping containers.