News

Onex Corporation acquired Falcon Investment Advisors, a U.S. private credit manager. The combined platform will merge Falcon’s specialized private credit investing with the investment and origination capabilities of Onex Credit and the broader Onex franchise.

Now that new COVID-19 relief has been signed into law by President Donald Trump, fintech company Biz2Credit has begun taking ‘pre-applications’ for the new round of the Paycheck Protection Program.

Crestmark secured a total of $38.25 million in ABL financial solutions for 12 new clients in the first half of December.

A new study conducted by Barlow Research entitled "Managing PPP Forgiveness and Preparing for PPP2" found six in 10 businesses are likely to apply for a second Paycheck Protection Program loan if they become available.

Tallwood is the secured lender to Wave Computing and its subsidiaries, including MIPS Tech, in the company’s Chapter 11 filing.

With the recent enactment of emergency coronavirus relief, which includes renewed PPP funds and related assistance, new regulations will be in place early in the new year, according to the AICPA and its business and technology arm, CPA.com.

J D Factors recently provided $1.14 million in factoring facilities for seven different clients.

Metechi raised $5 million in funding for its AI-powered debt trading platform that facilitates the buying, selling, origination and syndication of commercial loans.

Guitar Center emerged from bankruptcy following the consummation of its plan of reorganization under Chapter 11 of the U.S. Bankruptcy Code.

Investment banking company Imperial Capital and restructuring advisory firm Winter Harbor acted as financial advisors to SAExploration in the company’s Chapter 11 emergence and financial restructuring.