Horizon Technology Finance provided a $40 million venture loan facility to Elligo Health Research, of which $25 million was initially funded. read more
OCT 3, 2023 - 6:54 am
CIBC Innovation Banking provided a $3.5 million debt financing facility to Edmonton, AB-based Nanoprecise, which plans to use the funds for working capital purposes. read more
OCT 2, 2023 - 6:58 am
Wells Fargo sold approximately $2 billion of private equity investments in certain Norwest Equity Partners and Norwest Mezzanine Partners funds to a group of investors, including AlpInvest Partners, Atalaya Capital Management, Lexington Partners and Pantheon. read more
OCT 2, 2023 - 6:56 am
Encina Lender Finance closed a $50 million senior secured credit facility for Bright Money, a fintech platform that helps consumers manage their debt. read more
OCT 2, 2023 - 6:54 am
While most financial service leaders are confident about the digital fitness of their businesses, 26% have “tech anxiety” about AI and machine learning, according to Kin + Carta. read more
SEP 29, 2023 - 6:40 am
Owl Labs released its seventh annual State of Hybrid Work Report, which uncovered the latest trends and perspectives around remote and hybrid work. read more
SEP 29, 2023 - 6:10 am
Centerbridge Partners and Wells Fargo are entering into a strategic relationship focused on direct lending to non-sponsor North American middle market companies. read more
SEP 28, 2023 - 5:25 am
Confidence in the asset-based lending market in the second quarter was driven by hopes of a soft landing for the U.S. economy, according to data released by the Secured Finance Network. read more
SEP 28, 2023 - 5:20 am
The latest release of ACT Research’s “For-Hire Trucking Index” suggests an approaching turning point in the freight cycle, but perhaps not as quickly as for-hire fleets would prefer. read more
SEP 28, 2023 - 5:05 am
Most U.S. small business owners feel successful, driven by purpose and fulfilled by their work, but more than half are sacrificing time and relationships with loved ones for the sake of their business, according to a new U.S. Bank survey. read more
SEP 27, 2023 - 7:06 am
ECN Capital and Skyline Champion Corporation closed a previously announced private placement transaction. In connection with the private placement, the companies formed Champion Financing, a captive retail finance company. read more
SEP 27, 2023 - 7:05 am
Maritime Partners, a provider of maritime financing solutions primarily focused on Jones Act vessels, announces that one of its managed funds acquired Norfolk, VA-based U.S. Marine Management from Maersk Line. read more
SEP 27, 2023 - 7:02 am
Alfa, provider of Alfa Systems, has received validation for its science-based targets and reaffirmed its commitment to achieve net-zero emissions by 2030. read more
SEP 26, 2023 - 7:08 am
Mullen Automotive, a Southern California-based electric vehicle manufacturer, received full approval and certification from the Environmental Protection Agency for commercial Class 3 electric vehicles on Sept. 22. read more
SEP 26, 2023 - 6:59 am
Though significant progress has been made in rebalancing, it’s unlikely that freight industry capacity will broadly tighten until pressure from capacity growth eases, according to ACT Research. read more
SEP 25, 2023 - 5:35 am