News

Ethan Klingsberg and a team of leading M&A, governance and litigation lawyers have joined Freshfields Bruckhaus Deringer’s New York office.

R. Timothy Bryan has joined Shulman Rogers as chair of the Commercial Finance Practice.

LBC Credit Partners provided senior secured credit facilities to support the refinancing of Sciens Building Solutions and the add-on acquisition of SmartWatch Security & Sound.

Sallyport Commercial Finance provided a $500,000 accounts receivable facility to a company that specializes in servicing, maintaining and repairing generators.

Oxford Finance closed a term loan for a portfolio company of Skyway Group that will be managed by Mission Health Communities. The funds will be used for the acquisition of 15 skilled nursing facilities in Kansas.

SSG Capital Advisors acted as the investment banker to Mairec Precious Metals U.S. in the sale of substantially all of its assets to BASF._x000D_ _x000D_

To meet its clients’ needs, BFS launched Bibby FastTrack, a streamlined invoice finance and factoring solution for small businesses that offers funding approval in five days or less from application._x000D_ _x000D_ _x000D_

First Business Capital closed two transactions totaling $17 million for companies located in Oregon and Utah.

Online lender OnDeck released its third quarter 2019 results. It reported net income of $8.7 million, adjusted net income of $7.8 million and gross revenue of $112.6 million.

Kabbage reports small businesses in the U.S. accessed more than $715 million of capital in the third quarter through Kabbage.