News

Phoenix Management’s “Lending Climate in America” survey results reveal optimism in the U.S. economy with results for the near-term economy exceeding pre-pandemic predictions for the first time since the country shutdown due to COVID.

GlobeSt. Real Estate Forum named A&G Real Estate Partners to its annual list of retail real estate influencers, citing the firm’s success in saving American tenants $1.8 billion in occupancy costs and helping them stave off thousands of store closures...

Prelim, a fintech provider that optimizes digital banking experiences for financial institutions, has expanded its capabilities to assist more banks assist more small businesses.

CIFC Asset Management launched the CLO Initiative for Change, a philanthropic program connected to collateralized loan obligations issued by the firm and dedicated to supporting organizations driving social, economic and/or environmental change.

Tradewind Finance closed a €1.5 million ($1.8 million) export factoring facility for a producer of hazelnut items based in Turkey that sells to more than 50 countries.

Commercial Credit Group, an independent commercial equipment finance company, closed a private placement of $75 million aggregate principal amount of senior unsecured notes.

BC Partners Credit launched GP and NAV-based financing strategies, with Tom Glover serving as operating advisor. The strategy will address the private equity industry’s growing demand for non-dilutive debt and preferred equity capital.

Hertz selected and approved a revised proposal from certain funds and accounts managed by affiliates of each of Knighthead Capital Management, Certares Opportunities and Apollo Capital Management (together with Knighthead and Certares, the KHCA group) to provide the equity capital...

Crestmark secured a total of $5.4 million in asset-based lending and factoring financial solutions for nine new clients and Crestmark’s government guaranteed lending group provided $980,000 in financing for two new clients in the second half of April.

Forbes named Amala Duggirala, chief operations and technology officer of Regions Bank, to its inaugural ‘CIO Next 2021’ list, which highlighted top technology executives who are redefining the role of a chief information officer as they deliver innovations for customers.