News

Alterna Capital Solutions, a Paychex company and a provider of flexible working capital solutions, provided a $20 million participation in a $45 million credit facility to a utility services company supporting large-scale power infrastructure across the United States. The financing...

SLR Digital Finance (SLRDF) closed a $10 million senior secured revolving credit facility to a leading digital marketing company specializing in performance and affiliate marketing. The company operates across major social media platforms and is a top-tier partner within the...

Commercial Finance Partners (CFP), a debt advisory and direct lending platform, closed a $5.65 million two-tranche capital solution for a Rocky Mountain-based specialty thermoforming plastics company. The client needed to take out an existing bank facility while securing growth working...

A new survey from Grant Thornton revealed a growing “AI proof gap,” a disconnect between AI investment and accountability. “Companies are making tremendous investments into AI and yet, we’re not seeing that correlate with an increase in AI accountability,” Tom...

AIO Logic, a fintech innovator in commercial lending and secured finance technology, announced the appointment of Lydia Taylor as executive lead for business development. Based in Florida, Taylor will be responsible for driving nationwide business development efforts, building strategic relationships...

Sallyport Commercial Finance funded a $4 million accounts receivable and inventory facility (including a $1 million inventory tranche) to support the continued growth of a small batch ice cream manufacturer with roots dating back to 1949. Following a challenging period...

Southstar Capital funded a $500,000 combined purchase order and accounts receivable financing facility for a Texas-based, early-stage functional beverage company. Following new retail distribution through a national grocery chain and a partnership with a distributor, the company required working capital...

Turner Mining Group entered a major equipment financing relationship with Wingspire Equipment Finance, establishing a structured capital facility of up to $150 million to support its expanding fleet and accelerate growth across North America. Wingspire Equipment Finance has deployed an...

Tiger Group is liquidating more than 100 late-model trucks and trailers across 22 states in a timed online auction opening April 14. The assets on offer include tractors by Freightliner, Peterbilt and Volvo, dry vans by Great Dane and Hyundai...

AtlasClear, a technology-enabled financial services holding company, submitted regulatory applications seeking approval to acquire Commercial Bancorp, a bank holding company and the parent company of Farmers State Bank, a Federal Reserve member bank. The applications were filed with the Federal...