News

ABF Journal will host a livestream on June 28 at 1 p.m. EST to discuss how software-as-a-service (SaaS) technology can help factors and asset-based lenders modernize, protect and futureproof systems to stay the course through inevitable change and disruption.

Antares launched REACH, an initiative which will allocate $1 million of Antares’ own capital to a grant program in partnership with Hello Alice, a multichannel platform that helps businesses launch and grow.

Small business loan approval percentages at big banks (more than $10 million in assets) rose from 15.1% in April to 15.3% in May, while approval rates at small banks (under $10 billion in assets) rose to 20.9%, according to the...

J.P. Morgan Asset Management closed its Lynstone Special Situations Fund II with $2.4 billion in capital raised from a broad set of institutional investors comprised of pension funds, insurance companies, foundations endowments and wealth managers across the globe.

Revolution Capital, a provider of factoring and cash flow financing in Canada and the United States, is celebrating its fifth year in business by rebranding to REV Capital.

According to data provided by Epiq Bankruptcy, a provider of U.S. bankruptcy filing data, there were 330 commercial Chapter 11 filings registered in May 2022, an increase of 34% from the 246 filings in May 2021.

Best Companies Group named Biz2Credit to its list of 2022’s Best Places to Work in Financial Technology. The 2022 list included the top 50 fintech companies in the country and was published by Arizent brands, the publisher of American Banker.

Inflation worries, a tight labor market and global fallout from the Russo-Ukraine war have dropped business executives’ view of U.S. economic prospects to its lowest level since 2011, according to the second-quarter AICPA Economic Outlook Survey.

Paul Hastings added a high-profile team specializing in the representation of banks, non-bank financial institutions, fintechs, and other companies providing financial products and services.

Great Rock Capital closed a senior secured credit facility with a leading distributor of metal coils and sheets to the metal roofing industry located in Florida.