Description The financing provided much-needed capital to invest in new product lines, increase marketing outreach, build out e-commerce capabilities, and target younger consumers.

Description $70.0 million aggregate principal amount of term loans (the “Initial Term Loans”), which were drawn today; and Proceeds of the Initial Term Loans were used to repay in full the ...

Revolving credit facilities continue to show strong bankruptcy recoveries and offer the highest likelihood of recovery among the various types of rated first-lien debt, according to a new report from ...

Following the Federal Reserve’s interest rate cuts in September, new data reveals a $10.5 billion, or 5.1% increase, in new business volume for equipment leases and loans from September to October, ...

Webster Bank announced that Adam Hoffman has joined Webster as executive managing director, Head of Treasury Management. Hoffman is responsible for leading all facets of Treasury Management and ...

Cheap and easy-to-obtain financing encouraged chains to grow their footprints in an aggressive response to investor and landlord demand. The moneymaking promise of new “gastropub”-type locations with ...

Pivot Energy ("Pivot"), a leading, national renewable energy provider and independent power producer, announced two transformational financing arrangements, marking a critical step toward establishing ...

U.S. Bank announced a realignment of its asset-based finance organization to best serve its current clients and meet the growing demand for asset-based financing products. John Freeman was named Head ...

First Citizens Bank announced that its Healthcare Finance division has closed a $125 million senior credit facility for New Day Healthcare, a market-leading provider ...

EverBank has expanded its commercial banking portfolio with the launch of its Public Finance division. Industry expert Trevor Mael, a proven leader in the public finance space, has been appointed as ...

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When taking on new clients with first liens against their assets, a partnership with a non-bank sub debt lender can offer a ...