News

Merchants Fleet, a fleet management company, expanded its core member funding group, enabling the company to access $2 billion of capacity to lease vehicles and equipment for clients as well as to invest in continued growth. BNP Paribas is leading...

Middle-market private companies in the Golub Capital Altman Index experienced EBITDA growth of 21% and revenue growth of 24% in July and August 2021 compared with their July and August 2019 earnings and revenue.

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.