Warsaw, NY-based Five Star Bank expanded its suite of small business products and services. Through a partnership with Numerated, a business banking financial technology company, Five Star Bank is now offering digital loan origination for small businesses. read more

AUG 11, 2023 - 7:05 am

Regions Bank expanded its integrated billing and payments suite for business clients through a new digital solution powered by Mastercard, as well as Nordis Technologies, that enables clients to streamline electronic bill presentment and payments. read more

AUG 10, 2023 - 6:59 am

Griffin Global Asset Management, a commercial aircraft leasing and alternative asset management business, closed a three-year, $525 million unsecured revolving credit facility. read more

AUG 9, 2023 - 6:45 am

DealerCenter, an automotive dealer management system, is partnering with Westlake Capital Finance, a commercial lending entity of Westlake Technology Holdings, to provide buy here pay here (BHPH) dealers a line of credit to finance their customers directly. read more

AUG 7, 2023 - 6:45 am

X4 Pharmaceuticals, a provider and developer of novel small-molecule therapeutics to benefit people with rare diseases of the immune system, closed a $115 million loan facility with Hercules Capital. read more

AUG 7, 2023 - 6:42 am

Gordon Brothers, an advisory, restructuring and investment firm, and Nations Capital (NCI) joined forces to expand the firms’ commercial and industrial market presence and serve a broader range of clients with holistic solutions. read more

AUG 4, 2023 - 7:13 am

Ryder System established Baton, a Ryder technology lab, based in Silicon Valley in California. The lab’s mission will be to pioneer a suite of customer-facing technologies designed to revolutionize how Ryder’s customers interact with transportation and supply chain networks.    read more

AUG 3, 2023 - 6:50 am

Truck freight volume and spending in Q2/23 declined by the highest levels since the early days of the COVID-19 pandemic, according to the latest U.S. Bank Freight Payment Index. Spending by shippers dropped 10.9% in the quarter compared with Q2/233, while shipment volume dropped 9%. read more

AUG 2, 2023 - 6:59 am

According to a new International Data Corporation forecast, worldwide revenue for enterprise applications will reach $483.1 billion in 2027 with a five-year compound annual growth rate (CAGR) of 9.6%. read more

AUG 2, 2023 - 6:54 am

A new survey from Stifel Financial and Eaton Partners indicates a majority of institutional investors have no plans to change their private equity allocations over the next 12 months despite perceived headwinds, including tightening credit and a possible economic recession. read more

AUG 2, 2023 - 6:51 am

Kroll Bond Rating Agency released a research report analyzing non-performing loan transactions since the global financial crisis. KBRA said that while commercial real estate non-performing loans are unlikely this year, it is possible that some could be explored for issuance next year. read more

JUL 31, 2023 - 6:47 am

AlixPartners released the findings of its 18th annual Turnaround and Transformation Survey, which revealed that the world’s turnaround executives expect a prolonged and intensifying period of restructuring on the horizon. read more

JUL 31, 2023 - 6:28 am

The Office of the Comptroller of the Currency, the board of governors of the Federal Reserve System and the Federal Deposit Corporation issued new rule proposals that would modify large bank capital requirements and implement the final components of the Basel III agreement. read more

JUL 28, 2023 - 7:27 am

According to preliminary data from International Data Corporation’s Worldwide Quarterly Mobile Phone Tracker, worldwide smartphone shipments declined 7.8% year over year to 265.3 million units in Q2/23. read more

JUL 28, 2023 - 7:03 am

Hilco Commercial Industrial restructured its team and implemented organizational changes aimed at bolstering its commercial and industrial investment capabilities.  read more

JUL 28, 2023 - 7:00 am