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Week's News

The Wall Street Journal reported that TD Bank is expected to pay roughly $3 billion in penalties and accept limits on its growth in the U.S. as part of a settlement with regulators and prosecutors over charges it failed to properly monitor money... Read Full News
October 10, 2024, 07:15 AM
Filed Under: Banking News


Equify Financial, a provider of equipment financing and asset-based lending solutions since 2011, appointed Matt Worman as Senior Vice President - Structured Finance. In this role, Worman will lead efforts to expand the company’s structured finance... Read Full News
October 10, 2024, 07:10 AM


Clarus Capital completed a new $10 million loan facility for a sponsor-backed medical device manufacturer. Financing proceeds replenished liquidity recently utilized to acquire machining centers installed across multiple locations to support... Read Full News
October 10, 2024, 07:05 AM
Filed Under: Manufacturing


Encina Lender Finance (“ELF”) announced several senior executive promotions and key new hires to support the company’s next stage of growth.The promotions are as follows: Geoff Beard – Chief Executive Officer & Chief Investment Officer: Geoff... Read Full News
October 10, 2024, 07:00 AM


Middle market private companies in the Golub Capital Altman Index grew earnings by 8% during the first two months of the third quarter of 2024. Revenue grew 5% during the same period.Lawrence E. Golub, CEO of Golub Capital, said, “Solid revenue and... Read Full News
October 10, 2024, 06:55 AM
Filed Under: Economy


Transport Enterprise Leasing (TEL) is celebrating its 20th anniversary with another year of growth, said Co-Founder and President Jud Alexander. The business launched in September 2004 with a focus on used truck sales. Since then, TEL has expanded... Read Full News
October 10, 2024, 06:50 AM
Filed Under: Industry News


Moritt Hock & Hamroff welcomed Sidney Balaban, Danielle Halevi, Juliette Matchton, and Sam Tanenbaum as members of its incoming class of 2024 law school graduates. Sidney joins the firm's Creditors' Rights, Restructuring & Bankruptcy and Litigation... Read Full News
October 10, 2024, 06:45 AM


Amerisource Business Capital proudly commemorates four decades of excellence and client-centric service as it celebrates its 40th milestone anniversary.Since its inception in 1984, Amerisource has consistently set the standard for integrity... Read Full News
October 10, 2024, 06:00 AM
Filed Under: Industry News


Stearns Bank announced the expansion of its leadership team with the addition of Bob Stark as President of its Equipment Finance Division (EFD), reporting to Heather Plumski, Stearns Bank’s EVP, Chief Financial & Strategy Officer.   “We are thrilled... Read Full News
October 09, 2024, 07:15 AM


Solifi, a global fintech software partner for secured finance, announced that it will receive a majority investment from TA Associates ("TA"), a leading global private equity firm. This transaction will accelerate Solifi’s growth by supporting... Read Full News
October 09, 2024, 07:10 AM
Filed Under: Industry News