ABL Community Mourns Passing of ABL/Factoring Recruiter David Rains
David Rains, president and founder of Commercial Finance Consultants, passed away last week at the age of 64 due to complications from COVID-19.
Read moreDetailsDavid Rains, president and founder of Commercial Finance Consultants, passed away last week at the age of 64 due to complications from COVID-19.
Read moreDetailsJ D Factors recently provided $3.59 million in factoring facilities for 19 different clients, including a $1 million factoring facility to a medical supply company in Ontario that supplies medical swabs for COVID-19 tests in Canada.
Read moreDetailsThe Credit Managers’ Index from the National Association of Credit Management rebounded to pre-pandemic levels after shutdowns and preventative measures greatly impacted the U.S. economy.
Read moreDetailsThe U.S. Small Business Administration issued a “green light” letter inviting Capital Southwest to file its application to obtain a license to operate a small business investment company (SBIC) subsidiary.
Read moreDetailsA subsidiary of Retail Ecommerce Ventures signed an agreement to serve as the stalking horse bidder for the intellectual property assets of Modell's Sporting Goods at a purchase price of $1.965 million.
Read moreDetailsAmerican Banker named Nikki Stephenson, head of commercial portfolio management for Regions Bank, a Most Powerful Women in Banking: Next. The award recognizes high-achieving women 40 years old and younger.
Read moreDetailsFunds managed by Crestview Partners invested in Upwell Water, a San Francisco-based, water-focused specialty finance company.
Read moreDetailsBridge Bank extended a venture term loan to Deep Lens, a Columbus, OH-based software company focused on accelerating clinical trial recruitment for cancer patients.
Read moreDetailsCIT’s healthcare finance unit provided a $25 million loan supporting Seavest Healthcare Properties' acquisition of the MLK Community Hospital Medical Office Building in Los Angeles.
Read moreDetailsAccording to a survey from Citizens Bank, 50% of consumers and 76% of businesses said the COVID-19 pandemic has changed the way they interact with their financial institution, with 66% of consumers and 73% of businesses saying that these changes...
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