News

MidCap Business Credit formed a new entity, MidCap Equipment Finance, and hired a team of investment professionals to begin offering equipment loans and leases. Saurin Shah, co-founder of SLR Equipment Finance (formerly known as Nations Equipment Finance), will lead the...

New financing commitments made across Ares Management's U.S. direct lending strategies more than doubled to $33.4 billion in 2021 compared with 2020.

PGIM Private Capital provided $14.5 billion of senior debt and junior capital to 216 middle-market companies and projects globally in 2021, completing a record year of originations for the firm.

As part of a continued partnership, Accord Financial and Export Development Canada are providing a trade recovery guarantee program that gives qualifying businesses access to up to $6.25 million in additional working capital.

A&G Real Estate Partners' portfolio optimization of gift and stationery retailer Paper Source earned it a share of the "Distressed M&A Deal of the Year-Middle Markets" award at the Global M&A Network's 13th Annual Turnaround Atlas Awards Ceremony.

Tiger Group is liquidating equipment from well-known movie chain Pacific Theatres, which operated theaters across the United States before filing for Chapter 7 bankruptcy in the wake of COVID-19 lockdowns.

Crestmark made a series of organization changes, including merging its business credit and commercial capital groups to create a newly formed working capital finance business unit and merging Crestmark Equipment Finance and Crestmark Vendor Finance into a single equipment finance...

NFS Leasing, a privately-held equipment finance company, is expanding its product offerings to include asset-based loans.

Small business loan approval percentages at big banks (more than $10 billion in assets) increased from 14.3% in December to 14.5% in January and approval rates at small banks (under $10 billion in assets) rose from 20.1% in December to...

White Oak Global Advisors and its financing affiliates originated $2.1 billion of loan transactions across 133 companies in 2021.