News

J D Factors recently provided $1.14 million in factoring facilities for seven different clients.

Metechi raised $5 million in funding for its AI-powered debt trading platform that facilitates the buying, selling, origination and syndication of commercial loans.

Guitar Center emerged from bankruptcy following the consummation of its plan of reorganization under Chapter 11 of the U.S. Bankruptcy Code.

Investment banking company Imperial Capital and restructuring advisory firm Winter Harbor acted as financial advisors to SAExploration in the company’s Chapter 11 emergence and financial restructuring.

Wolters Kluwer Lien Solutions was given two Golden Bridge Awards, two Business Intelligence Group Awards and three Best in Biz North America Awards. The company earned a total of 31 industry awards in 2020 for excellence in product innovation.

Audax Private Debt acted as agent and sole lead arranger on a second lien credit facility to support add-on acquisitions and refinancing for Metalmark Capital’s portfolio company, Innovetive Petcare.

Versant Funding recently closed a non-recourse factoring facility totaling $3.6 million for a candy business that sells through retailers and its own online store.

FTI Consulting and the International Association of Privacy Professionals’s recent Privacy Governance Report showed that data privacy spending in 2020 is up by 8% from 2019, with more than 40% of respondents revealing privacy has become a higher priority due...

The American Bankruptcy Institute wrote to Congress formally requesting that debtors who have filed bankruptcy cases remain eligible for Paycheck Protection Program loans, notwithstanding their respective bankruptcy filings, in any future amendments or legislation addressing PPP funding.  

Tradewind Finance provided a $1 million domestic factoring facility to a U.S. seafood importer and wholesaler.