News

Bluevine launched a new brand identity, reflecting the next era of its commitment to grow and evolve its services alongside the changing needs of small business owners.

Resolute Capital Partners, a private investment firm focused on providing structured capital solutions to lower middle market businesses, closed Resolute Capital Partners Fund V at $405 million in aggregate capital commitments.

Small business loan approval percentages at big banks inched upwards from 15.3% in May to 15.4% in June, while small banks’ approvals also rose from 20.9% in May to 21.1% in June, according to the latest Biz2Credit Small Business Lending Index.

Affiliates of Stellus Capital Management provided senior debt financing and an equity co-investment to support Blue Sage Capital’s acquisition of Baker Manufacturing Company.

Horizon Technology Finance and Trinity Capital provided an additional $20 million venture loan to Nexii Building Solutions, a green construction company that designs and manufactures low carbon buildings and products.

Gibraltar Business Capital is now able to offer asset-based loans up to $100 million.

HPD Lendscape has evolved its brand to reflect the company’s market position and progressive approach to the financial sector. As part of this initiative, the business changed its name from HPD Lendscape to Lendscape.

According to a new survey of supply chain executives by Carl Marks Advisors, in partnership with SupplyChainBrain, more than half of all respondents don’t expect a return to a more normal supply chain until the first half of 2024 or...

Haversine Funding recently closed $3 million of a $6 million participation in an asset-based line to a technology-enabled healthcare management company and $2 million of a $4 million participation in a commercial real estate transaction.

There were 447 commercial Chapter 11 filings in June, representing a 29% % increase from the 347 filings in June 2021, according to data provided by Epiq Bankruptcy, a provider of U.S. bankruptcy filing data.