Those businesses that took cash from the $905 billion Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) program that had to run out eventually. Around that time the Fed ...

Welltory, an all-in-one personalized health and wellness app, closed a $3 million credit line with Braavo Capital. The funding will empower Welltory to invest deeper into its strategic product and ...

MMP Capital announced the renewal of its $125 million secured warehouse facility with Deutsche Bank, a move that positions the Long Island-based company for continued growth as it enters its third ...

The AZEK Company, a designer and manufacturer of sustainable outdoor living products, including TimberTech® decking and railing, Versatex® and AZEK Trim®, and StruXure® pergolas, entered into a new ...

The delinquency rate increased to 5.32% ($16.7 billion), compared to 4.98% ($15.5 billion) in August. The distress rate increased 16 bps to 8.52% ($26.8 billion), versus 8.36% ($26.1 billion) in ...

Citigroup and Apollo entered into an exclusive agreement for a subsidiary of Citi and certain affiliates of Apollo to form a landmark $25 billion private credit, direct lending program initially in ...

TD Bank announced Andy Bregenzer and Jill Gateman as Co-Heads of U.S. Commercial Banking. The appointments follow the Spring 2024 announcement of Chris Giamo's retirement from TD Bank after 26 years ...

Gordon Brothers has forecasted U.S. retail sales for this upcoming holiday season predicting a modest increase of 1.2% to 3.5% relative to last year amid economic and political uncertainty. While ...

BlackRock and Santander announced the signing of a memorandum of understanding (MoU) by which funds and accounts managed by BlackRock will invest up to US$1 billion per year in select project finance, ...

Proceeds of the facility were used to refinance existing debt and provide ongoing working capital financing.

Hartree Partners closed its core senior secured borrowing base revolving credit facility on September 4, 2024, totaling $4.1 billion. The $4.1 billion credit facility, which is comprised of a $2.05 ...

TAB Bank closed a $4.5 million credit facility with The Fiesta Tableware Co. of West Virginia. This partnership will ensure the American-made tableware company continues helping home chefs refresh and ...