News

TAB Bank closed a $2.5 million asset-based lending facility, which includes a $1.5 million inventory subline for Precision Assembly. The capital provided from this credit facility will create opportunities for Precision Assembly to accelerate growth, while advancing their goals of...

Prestige Capital appointed David B. Culotta as chief operating officer. In this role, Culotta will oversee operational strategy, enhance credit and risk management frameworks and support the firm’s continued growth within the invoice factoring sector. Culotta joined Prestige Capital in...

Emily Karr and Susan Bock have joined Buchalter as corporate partners in its Portland office. “We are thrilled to welcome Emily and Susan to the firm,” Adam Bass, president and CEO at Buchalter, said. “With the addition of Susan, Emily...

J. Emmett Murphy has rejoined King & Spalding as a partner in the business litigation practice group. He is based in the New York office. Murphy’s practice focuses on professional liability litigation and regulatory matters, securities class actions and complex...

International law firm BCLP added partner Abbey Raish to the firm’s corporate transactions practice, where she will focus on capital markets, securities and sustainability matters. Raish joins BCLP from Kirkland & Ellis and brings more than a decade of experience advising on...

Eclipse Business Capital (EBC) closed a $30 million asset-based lending credit facility to a provider of aesthetic products in the health and beauty industry. The credit facility is secured by accounts receivable and inventory. The transaction enhances the company’s liquidity...

Small business filings, captured as subchapter V elections within Chapter 11, increased 91% in February 2026 to 314, up from 164 the previous year, according to data provided by Epiq AACER, a provider of U.S. bankruptcy filing data. Commercial Chapter...

Hilco Global, a diversified financial services company specializing in asset valuation, monetization, advisory and capital solutions, today announced that Ted Tomaras has joined the firm as Chief Operating Officer of its Professional Services Division, effective immediately. Tomaras will report to...

Agibank, a financial institution that operates a hybrid platform combining the efficiency and scalability of digital banking with the proximity and warmth of physical presence, launched its new business vertical, Agibank Asset Management. Agibank is a subsidiary of AGI. This...

FGI Finance, a division of FGI Worldwide, a global company in commercial finance, has provided a $150 million asset‑based facility to Concordance Healthcare Solutions, a provider of supply chain, logistics and technology solutions supporting the entire care continuum, from hospitals...