Ares Commercial Finance provided a $25 million senior secured revolving line of credit to Herschel Supply Co., a Vancouver-based distributor and retailer of bags and accessories. Proceeds from the ...

Mesirow, an independent, employee-owned financial services firm, has acquired Bastion Management, an asset-backed specialty finance lender. The acquisition closed on December 31, 2024. Founded in 2013 ...

Solifi, a global fintech software partner for secured finance, announced the appointment of Dan Corazzi as its new Chief Executive Officer, effective on 13th January 2025. Solifi’s current CEO David ...

Eclipse Business Capital provided a $265 million senior secured credit facility to a consumer products distributor. The credit facility is secured by accounts receivable and inventory. The transaction ...

Legacy Corporate Lending closed a $19.4 million asset-based revolving line of credit for Olli Salumeria (“Olli”). The facility will be used to support the company’s growing operations and working ...

Gordon Brothers has sold the Laura Ashley® brand, archives and related intellectual property to Marquee Brands, the global brand accelerator. “This sale is a cornerstone moment for Gordon Brothers,” ...

Commercial chapter 11 filings increased 20 percent in calendar year 2024 to 7,879 from 6,583 filings the previous year, according to data provided by Epiq AACER, the leading provider of U.S.

The Credit Facility has an “accordion” feature under which the Company may further increase the total borrowing availability to up to $1.25 billion. The Credit Facility replaced Ladder’s prior $324 ...

MidCap Financial Closes $30MM Asset-Based Revolving Credit Facility for Arq ...

Aypa Power, a Blackstone portfolio company and a leading developer and operator of utility-scale energy storage and hybrid renewable energy projects, successfully closed a $190 million financing ...

NN, Inc., a global diversified industrial company that engineers and manufactures high-precision components and assemblies, entered into an ABL Credit Agreement governing a new asset-backed senior ...