News

Provident Bank and Fundation launched a new digital lending solution to offer a streamlined, end-to-end, lending program for small businesses seeking a business loan or line of credit.

Consumer Portfolio Services renewed its two-year revolving credit agreement with Fortress.

Twin Brook recently provided financing to support a recapitalization and a leveraged buyout.

TAB Bank provided a $750,000 revolving credit facility for a printing company based in California.

Far West Capital’s former executive vice president Jason Lippman launched nFusion Capital, a new Austin, TX-based factoring company. Lippman will serves as CEO of the company.

Pursuant to a UCC foreclosure process, Tiger Group and Barliant Auctions are accepting bids for a live online auction on March 5, 2019 for more than 200 units of well-maintained rolling stock and farm equipment from Zacky Farms.

Varagon Capital Partners served as administrative agent on a senior secured credit facility to support Marlin Equity Partners’ acquisition of Worksoft.

Sempra Energy plans to sell its equity interests in its South American businesses starting in March 2019. Bank of America Merrill Lynch and Lazard will act as financial advisors to the company in connection with the sale.

The Payless Board of Directors authorized the company to seek court approval of up to $25 million in debtor-in-possession financing. WSFS Bank will act as administrative agent and collateral agent on the financing.

Urovant Sciences entered into a debt financing agreement with Hercules Capital for up to $100 million.