News

MyTechMag named Solifi, a global fintech software partner for secured finance, as one of the world’s top 10 banking technology solution providers in 2022.

According to a Morning Consult survey sponsored by Balboa Capital, a division of Ameris Bank, most of business decision-makers of U.S. small to midsize companies expect their sales to stay the same or grow in the fourth quarter of this...

Kabbage (KServicing), a servicer and subservicer of small business Paycheck Protection Program loans (PPP Loans), voluntarily filed for relief and protections under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware.

The Equipment Leasing and Finance Association will hold the 61st ELFA Annual Convention on Oct. 9-11, 2022. The event will be held at the JW Marriott Grande Lakes Resort in Orlando, FL.

Eighty two percent of small business owners want governments to do more to address inflation, according to a recent survey from Equifax Canada. Managing cash flows is one of the major challenges experienced by 60% %of survey respondents.

FNCB Bancorp entered into an asset purchase agreement between the bank’s investment arm, FNCB Wealth Management Services and Chiaro Investment Services. Following the closing of the transaction, FNCB Wealth Management Services will operate under a new brand, 1st Investment Services.

Saratoga Investment, a business development company, received notification from the Small Business Administration that the company’s application for a third Small Business Investment Company (SBIC) license has been approved.

Amazon will roll out its Amazon Community Lending program as a long-term offering a year after the initiative’s pilot launch. In partnership with Lendistry, the program will continue to support urban and rural small businesses in socially and economically distressed...

Configure Partners served as exclusive financing advisor to Kingswood Capital Management in securing committed debt capital to support its acquisition of Support Services Group, a provider of outsourced customer experience solutions.

Express Trade Capital provided a $4.5 million factoring facility and a $500,000 purchase order funding facility to a producer of bakery-style dog treats.