Elements Behavioral Health will execute an asset purchase with a group of its first lien lenders. To facilitate the sale, the company has filed Chapter 11 in the District of Delaware.
Read moreDetailsAccess Capital provided a $500,00 credit line to a woman-owned venture, Point Solutions Group.
Read moreDetailsReuters reported small lenders will gain more than major banks from the Dodd-Frank rollback passed by Congress._x000D_ _x000D_ _x000D_
Read moreDetailsThe FDIC reported Q1/18 aggregate bank earnings of $56 billion were up 27.5% from the same quarter last year. The FDIC chairman noted an “increasingly competitive lending environment has led some institutions to reach for yield.”
Read moreDetailsAccording to the Chicago Tribune, three new bidders have emerged to challenge stalking horse bidder Gordon Brothers’ effort to purchase Necco wafers – long derided as America’s least favorite candy._x000D_ _x000D_
Read moreDetailsTAB Bank provided a $300,000 revolving credit facility for a Ohio-based trucking equipment company.
Read moreDetailsMaranon Capital was joint lead arranger for a senior secured credit facility to support Comvest Partners’ acquisition of Engage2Excel.
Read moreDetailsEdison International amended two credit facility with its lender group, increasing the revolving credit facility from $1.25 billion to $1.5 billion. Southern California Edison increased its revolver from $2.75 billion to $3 billion.
Read moreDetailsU.S. businesses continue to grow, as reflected by increased borrowing during Q4/17, the Commercial Finance Association announced.
Read moreDetailsRex Energy filed a voluntary petition for Chapter 11 to facilitate a sale process for its remaining assets.
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