News

Provident Financial Services appointed Michael E. Regan to the boards of directors of the company and its wholly owned subsidiary, Provident Bank, effective July 30, 2026. Regan is a seasoned financial regulatory executive with more than 35 years of experience...

Lendmark Financial Services, a provider of household credit and consumer loan solutions, is celebrating its 30th anniversary. Founded on Aug. 5, 1996 by founder and CEO Bobby Aiken, the company has grown from its first location in Conyers, GA into...

First Citizens Bank is bringing together its factoring, asset-based lending, supply chain finance, international factoring and receivables purchasing businesses into one group called working capital finance. Currently, these businesses are operating as CIT Commercial Services, which provides middle market consumer...

JPalmer Collective (JPC), a customized asset-based lending (ABL) solutions provider for high-growth consumer brands, appointed Chris Mayo as senior vice president, portfolio management. Mayo brings significant commercial banking and asset-based lending experience to the role, including underwriting, structuring and managing...

Gateway Trade Funding closed more than $3.4 million in stretch finance facilities for businesses across the United States and Canada during the last 10 days of July. Businesses used the funding to purchase inventory, pay supplier deposits, fulfill customer orders,...

S&P Dow Jones Indices (S&P DJI), an index provider, has launched the S&P U.S. CLO Investment Grade Indices, expanding the essential tools available for investors to track and analyze structured credit markets. By combining independent market pricing, Collateralized Loan Obligation (CLO)...

Entrepreneur Growth Capital (EGC) added John Fee as senior vice president. Based in South Florida, Fee will pursue business development nationwide. “John is an industry veteran who knows our market well,” Dean Landis, CEO of EGC, said. “We are excited...

Republic Business Credit added Sam Crespo to its client management team as a collateral analyst, further strengthening Republic’s client services capabilities and commitment to delivering exceptional support. Crespo will work out of the Chicago office and report to Danika Louis,...

Star Mountain Capital, an employee-owned investment firm with ~$5 billion in assets under management (AUM), closed Star Mountain CFO I, a collateralized fund obligation providing insurance companies and institutional investors with investment grade-rated access to Star Mountain’s direct lending strategy....

Janus Henderson, together with its affiliates Victory Park Capital (VPC) and Privacore Capital, secured an additional $100 million in deployable seed capital from General Electric Pension Trust (GEPT), the defined benefit plan trust affiliated with GE Aerospace, for Privacore VPC...