News

Fintech services company Business Factors & Finance launched Freight Payment Shield, a payment protection service for trucking and transportation companies.

CIT Group completed a third round of financing for an innovative battery-based energy storage project that helps facilitate greater use of renewable energy in Southern California.

Alternative funder LSQ plans to relocate its headquarters from Maitland, FL to downtown Orlando. Scheduled to commence Friday, April 05, 2019, the move will relocate LSQ's 130-person staff to the second floor of Landmark Center One.

TAB Bank has provided a $2 million asset-based revolving credit facility for a transportation company based in Utah.

Construction Finance has provided a $150,000 credit facility to a demolition contractor in New Mexico.

Greenhill & Co. plans to syndicate a new $360 million secured loan under a term loan B structure. Goldman Sachs has been engaged to lead the syndication of the facility.

B. Riley FBR, the wholly-owned subsidiary of B. Riley Financial, served as the exclusive buy-side advisor to Luna Innovations in connection with the latter’s acquisition of General Photonics._x000D_

In the first two months of 2019, Artis Trade Systems added two banks and three independent lenders to the growing client list of ArtisPay, its supply chain finance software platform.

Antares Capital released the results of its third annual market outlook survey of middle market private equity borrowers, sponsors and investors, Antares Compass. Despite the rocky end for markets in 2018, confidence among middle market participants appears to be holding...

As the 2021 end of the LIBOR approaches, banks, accountants and regulatory bodies are still struggling to find a replacement standard that is immune to the same manipulation that brought about LIBOR’s demise, reports Bloomberg Tax.