News

Sallyport Commercial Finance provided a $2 million accounts receivable facility, including a $500,000 cash flow loan, to a company that provides traffic control services.

Pacific Coast Capital will leverage Crowd Machine’s custom asset-based lending solution to enable real-time transparency for lenders and customers.

FTI Consulting will serve as financial advisor to Pace Industries, which reached an agreement with its lenders on the terms of a financial restructuring plan and initiated a voluntary prepackaged Chapter 11 process in the U.S. Bankruptcy Court for the...

Biz2Credit will offer its Biz2X Accelerate SBA platform free of charge to banks and credit unions with assets under $10 billion that are offering Paycheck Protection Program loans.

Alleon Healthcare Capital closed a $2.4 million medical accounts receivable financing facility with a management service organization (MSO) in California.

PrimeRevenue, a supply chain finance provider, accelerated $10 billion in early payments to suppliers in March as companies worldwide seek access to cash to respond to the economic dislocations resulting from the global COVID-19 pandemic.

According to a survey from the Association for Corporate Growth, 62% of small and medium-sized businesses majority-owned by venture capital, private equity or other private capital providers are excluded from the Paycheck Protection Program.

Exitus Capital, a financial institution in the Mexican market, acquired a majority stake in CV Credit.

Teligent entered into amendments related to its first lien revolving credit agreement with ACF Finco I LP as administrative agent and its definitive second lien credit agreement with Ares Capital as administrative agent.

A majority of respondents to a survey from FTI Consulting said they are more attuned to how companies are behaving during the global COVID-19 pandemic.