Kashable, a mission-driven fintech platform Redefining Credit for Working Americans as an employer-sponsored voluntary benefit, announced the closing of a $250 million credit facility. This financing ...

Wells Fargo & Company entered into a definitive agreement to sell the assets of the company’s rail equipment leasing business to a newly formed joint venture between GATX Corporation and Brookfield ...

Proceeds from the Credit Facility will continue to support unfunded commitments under existing loans, fund SUNS’ commercial real estate loan pipeline in alignment with the Company’s investment ...

VOX Funding announced closing a $150 million credit facility with Raven Capital, a New York-based investment firm specializing in asset-based direct lending. This transaction marks a major milestone ...

Cambridge Savings Bank (“CSB”), a full-service mutual bank with a customer-first approach and $7 billion in assets, announced that its Asset-Based Lending (“ABL”) team has provided a $5 million ...

Monterey Financial Services, a national leader in specialty financing and loan servicing, announced the appointment of Kevin Weiss as CEO. Weiss steps into the role with a strong track record of ...

Cambridge Savings Bank (“CSB”), a full-service mutual bank with a customer-first approach and $7 billion in assets, announced that its Asset-Based Lending (“ABL”) team has provided a $5 million ...

Ares Commercial Finance provided a $15 million senior secured revolving line of credit to Shimmick Corporation, an Irvine, California-based infrastructure solutions provider in water, climate ...

Tiger Finance and JPMorgan Chase provided a lifestyle growth brand incubator with $141 million in strategic financing. The revolving line of credit/term loan consists of $26 million provided by Tiger ...

Trinity Capital announced the commitment of $62.7 million in growth capital to Atmosphere TV, a premier streaming platform tailored exclusively to businesses, offering more than 30 original and ...

Traditional banks are losing their grip on industry growth, according to a new report from Boston Consulting Group (BCG). The global banking industry has grown at a compound annual growth rate (CAGR) ...

S&P Global Ratings anticipates further additions to U.S. banks' credit loss allowances in the coming quarters, after only small increases between fourth-quarter 2024 and first-quarter 2025, according ...