CAN Achieves New Volume Record, Expands Credit Line

Capital Access Network set a new monthly record in May by providing small businesses access to $66 million of working capital. Also, CAN expanded its credit line to nearly $500 million with WFCF, Goldman, Fifth Third and Capital One.

Republic Provides $4MM for Oil Field Service Business

Republic Business Credit announced it provided a $4 million working capital facility to a growing Gulf Coast-based oil field service contractor.

US Capital Partners Closes Seven Transactions

US Capital Partners announced seven deals totaling $67 million.

The Great EBITDA Myth

Although some would describe EBITDA as a way to measure a company’s operating performance, free of debt cost, taxes, depreciation and amortization, veteran turnaround advisor Ted Gavin prefers to call EBITDA a fairytale told to investors and credit managers. In this no-holds-barred article, Gavin explains why …