News

RDM Capital Funding, a technology enabled specialty finance company, is formally rebranding as FinTap. The rebrand is part of RDM's growth strategy and comes after the company closed its up to $50 million credit facility with Arena Investors, marking an...

Riverbed Technology entered into a restructuring support agreement regarding the terms of a financial restructuring. Upon consummation of the recapitalization, a group of institutional investors led by Apollo Global Management will become the majority owners of the company.

Trinity Capital, a division of Citizens Capital Markets, served as the exclusive financial advisor to CLC Northwest and affiliates, a Taco Bell and KFC franchisee, on the sale of its 18 eastern Washington and six Billings, MT, area Taco Bell...

National Funding renewed and upsized its $60 million senior secured warehouse line of credit. The facility includes an accordion to expand to $75 million. National Funding also secured a $55 million investment-grade-rated corporate note financing.

Small business loan approval percentages at big banks (or those with $10 billion or more in assets) increased to 14% in September. Meanwhile, approval rates at small banks rose to 19.5% in September from 19.3% the month before, according to...

Rosenthal & Rosenthal completed a $5 million joint factoring, inventory funding and purchase order financing facility to support the growth capital needs of a Georgia-based manufacturer and distributor of office furniture and products.

IDS and its recently acquired companies, William Stucky and Associates and White Clarke Group, launched a new company identity and will now be known as Solifi.

CVC Credit priced Apidos XXXVII, a collateralized loan obligation fund totalling $506 million. CVC Credit has priced five CLO funds globally this year with an aggregate value of $2 billion.

Alvarez & Marsal’s global transaction advisory group launched A&M Data Intelligence Gateway, a new proprietary technology that aims to increase the speed of deal identification and which will be led by Tara Bilby and Mishelle Weinerman as executive directors and...

Siena Lending Group received the refinancing of the year award at the 15th Annual Turnaround Awards in the under $100 million category for closing a $21.5 million credit facility that supported the refinancing of Arandell Corporation and its acquisition by...