News

Automated Financial Systems now offers a distributed server-based solution that will allow for a public cloud offering of AFSVision, which is the company’s real-time commercial lending platform.

Regions Bank received 13 Greenwich Awards for 2019 performance in middle market banking and small business/business banking, including best brand - ease of use in the middle market banking categories.

1st Commercial Credit, a factoring company that provides reverse factoring and supply chain financial solutions for business to business transactions, launched a vendor procurement card product with a $10 million credit limit.

Moody’s Analytics won the RegTech Innovation Award for its software-as-a-service (SaaS) regulatory technology solutions at the 2020 FinTech Breakthrough Awards.

The Wall Street Journal reported that U.S. stock market experienced its worst day on record since 1987 despite a move by the Federal Reserve to add $1.5 trillion to the market to curb “ominous” market activity.

Foresight Energy and all of its subsidiaries entered into a restructuring support agreement with ad hoc lender groups holding more than 73% of the approximately $1.4 billion in claims under each of Foresight Energy’s first lien credit agreement and second...

Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Shaw Development by private equity sponsor Monomoy Capital Partners. _x000D_

Citibank acted as sole structuring agent for Atlas, which closed its $285 million senior secured financing on behalf of its wholly owned subsidiary, APR Energy.

Kevin M. Jacobs joined Alvarez & Marshal in Washington, D.C., as managing director and leader of the practice.

In the second half of February, Crestmark secured a total of $10,450,000 in asset-based lending financial solutions for five new clients. In addition, Crestmark Equipment Finance provided $15,950,106 in nine new lease transactions, Crestmark Vendor Finance provided $4,247,630 in 46...