News

Carver Bancorp and Bank of America closed a senior secured social impact revolving credit facility with BlackRock's alternative solutions group.

Wells Fargo named Julie Caperton head of its private bank, which is a division of its wealth and investment management (WIM) business. This role will be in addition to Caperton’s current position as head of the banking, lending and trust...

Horizon Technology Finance Management, a registered investment advisor that underwrites and manages secured loans, made several promotions and new hires, including elevating John C. Bombara, Daniel S. Devorsetz and Daniel R. Trolio to executive vice president roles.

HSBC Bank USA, part of the HSBC Group, will begin offering sustainability-linked loans (SLL) that will enable U.S businesses to tie their borrowing to activities that support sustainability initiatives.

U-Haul of West Virginia filed for voluntary Chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of West Virginia. The Chapter 11 filing and anticipated restructuring transaction are the final steps in the company's internal restructuring that...

Panagram Structured Asset Management, an Eldridge business and an SEC-registered investment adviser specializing in structured credit, officially launched. Panagram currently oversees approximately $13.5 billion in assets under management.

FinSoft completed updates to its AssetWriter Version 2 field examination software after four and a half years of development. FinSoft produces several asset-based lending software products that focus on due diligence for field examinations and operations.

Versant Funding closed a $3 million non-recourse factoring transaction for a supplier to the oil and gas industry.

LSQ, a provider of working capital solutions, originated a $1 million facility for a startup healthcare company in South Florida.

Apollo Global Management and its entities, clients and funds managed by its affiliates committed to invest up to $500 million in senior secured credit facilities originated by Victory Park Capital, a global investment firm with a track record in asset-backed...