Element Financial closed the issuance of $1.0 billion in rated term notes and the renewal of its asset-backed funding facility with the company’s lending syndicate which was expanded by $1.25 billion. read more
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The landscape for funding sources has shifted a great deal over the last year. With interest rates at the highest level recorded in more than a decade, turmoil in the banking industry after several notable bank failures in 2023, and... read more
This year, Monitor’s Top 30 Private Independents reported a 14.9% year over-year growth in new business volume — just half of last year’s 30.8% year-over-year growth, which was the second-highest reported in the ranking’s history. Despite the dramatic drop in... read more