News

British Car Auctions (BCA) extended its Solifi platform contract to support the expansion of its wholesale finance offering.

According to Biz2Credit’s latest Small Business Lending Index, small business loan approval percentages at small banks rose from 21.1% in June to 21.2% in July, while approvals at big banks (more than $10 billion in assets) dipped from 15.4% in...

Today, Monitor officially launched Monitor Suite, the preeminent subscription platform for exclusive premium equipment finance industry content. Upon launch, Monitor Suite subscribers gain immediate access to the 2022 Monitor 100, Monitor’s library of data reports and the first three episodes...

J D Factors recently provided $1.925 million in factoring facilities, including a $500,000 factoring facility to a transportation company in Quebec.

AIO Logic launched AXIS commercial lending platform. AXIS by AIO Logic provides commercial lenders with increased efficiency and accuracy throughout the loan life cycle by providing unprecedented automation and analytics within an end-to-end origination, management and servicing platform.

According to data provided by Epiq Bankruptcy, a provider of U.S. bankruptcy filing data, there were 212 commercial Chapter 11 filings registered in July 2022, a decrease of 13% from the 245 filings in July 2021.

Hilco Corporate Finance (HCF), a boutique investment bank, is accelerating its growth by re-imagining corporate finance advisory for the middle market. Over the past 12 months, HCF has doubled its size and expanded its geographic presence.

Citadel Credit Union has officially launched its new business banking division – complete with a full suite of products, a new team and the kickoff of a multichannel marketing campaign.

Apollo completed several transformative changes which reinforce the company’s position as a senior secured middle market business development company.

IOU Financial, an online lender to small businesses, introduced its new Premier PLUS term loan product for small businesses, with terms of 36 months and loan amounts ranging from $500,000 to $1.5 million.