News

Tariff payments made by midsize U.S. companies have pulled back from their October 2025 high but remain more than twice pre-2025 levels, according to a new report from the JPMorgan Chase Institute. The report, "Tracking International Payments: How Are Midsize...

Hope Bancorp’s wholly-owned subsidiary, Bank of Hope, has received all regulatory approvals required to complete the previously announced acquisition of the commercial banking unit of SMBC MANUBANK, a wholly owned subsidiary of SMBC Americas and Sumitomo Mitsui Banking Corporation (SMBC)....

Peapack-Gladstone Financial and Peapack Private Bank & Trust opened its newly completed Garden City office. Having established a presence in Garden City, Peapack Private now welcomes clients to its permanent office, designed to reflect the relationship-focused experience the bank defines...

A growing venture-backed New York-based logistics platform and freight broker had a significant working capital need driven by high invoice volumes across a diverse customer base. The client required a flexible financing partner capable of delivering substantial liquidity without restrictive...

Solifi, a global company in delivering the unified platform for secured finance, acquired Inovatec Systems, a cloud-based lending technology provider serving banks, captive finance organizations, credit unions and specialty lenders across North America. The combination will extend Solifi’s retail automotive,...

Turning Rock Partners (TRP), a private investment firm based in New York, launched its second asset-backed financing with AerFin, a global company in aircraft and engine parts aftermarket solutions. The transaction is backed by three Airbus A220 aircraft and further...

Tiger Commercial & Industrial (C&I) has completed the sale of a portfolio of high-precision fabrication and assembly machinery and equipment (M&E), along with finished products and raw materials, from two U.S. plants. Conducted on behalf of the secured creditors, the online...

TradeCap Partners, a provider of purchase order funding, closed a $500,000 purchase order finance facility for a supplier of technology-driven safety products serving the material handling equipment industry. TradeCap was introduced to the company by a Texas-based community bank that...

HyperAMS, a full-service asset valuation, monetization and advisory firm for 16 years, rebranded as Hyper Group, unveiling a new name and logo that reflects its legacy and future direction. The rebrand comes as Hyper Group continues to broaden its service...

Navitas Credit, an equipment finance company, completed its acquisition by investment funds advised by Wafra, a $30 billion New York City-based global alternative asset manager, from United Community Banks for approximately $2 billion in cash after closing adjustments. Wafra entered...