Proskauer revealed the results of its Q3 2024 Private Credit Default Index (“Default Index” or the “Index”), with an overall default rate of 1.95%. The Q3 default rate is a decrease from 2.71% in the ...

Kapitus, a leading provider of financing for small and medium sized businesses, announced the acquisition of Ten Oaks Commercial Capital, a finance company specializing in equipment finance and ...

TAB Bank closed a $4 million working capital facility with a rapidly growing, full-service metal manufacturer serving the aerospace, defense, medical, marine and renewable energy industries. The ...

LICT Corporation closed on a 5 year, $100 million, revolving credit facility with CoBank, ACB. In addition to extending the term of the revolving credit facility through 2029 and enlarging the ...

YouLend, a global embedded financing platform secured a new financing facility with funds managed by Castlelake, a global alternative investment firm that specializes in asset-based private credit.

Kapitus, a leading provider of financing for small and medium sized businesses, announced the acquisition of Ten Oaks Commercial Capital, a finance company ...

EverBank has significantly expanded and strengthened its equipment finance capabilities by launching a new Corporate Asset Finance division. To lead the new business, the bank has appointed industry ...

Bloomberg reported that JPMorgan Chase & Co. named Michelle Herrick the next head of its commercial real estate business, succeeding Al Brooks. According to the Bloomberg report, Herrick was named ...

Altriarch Asset Management, a private credit firm, announced a $70 million commitment from the State of Wisconsin Investment Board (“SWIB”). The investment allocates $20 million for Altriarch’s ...

Comvest Credit Partners announced that Kevin Blitz has joined the direct lending investment platform as a Managing Director. Blitz is responsible for originating, structuring and managing debt ...

EverBank has significantly expanded and strengthened its equipment finance capabilities by launching a new Corporate Asset Finance division. To lead the new business ...