12 h. ago Private Lenders Pitch Restructuring for Stressed Pallet Company

Private lenders have proposed a potential debt restructuring for 48Forty Solutions, less than a year after Summit Partners acquired a majority stake in the pallet management company, according to people with knowledge of the matter.

Economics

13 h. ago Top California Lender Welcomes New Investors to Fuel Expanded Lending Capacity

SANTA MONICA, Calif., June 30, 2025 (GLOBE NEWSWIRE) — Top California Lender, LLC, a leading private lender in commercial real estate, is thrilled to announce the onboarding of a dynamic group of new investors to significantly bolster its capital base for funding. This strategic partnership enhances the company’s ability to support an expanding pipeline of […]

Other

1 week ago Bridging Finance Executives Receive Fines, Bans in Ontario Fraud Case

David and Natasha Sharpe, the husband-and-wife team found to have committed fraud at private lender Bridging Finance Inc., were fined and ordered by Canada’s top securities regulator to repay more than C$20 million ($14.6 million).

Other

1 week ago Top California Lender, LLC Closes $5.3 Million Loan for Mixed

BOISE, Idaho, June 17, 2025 (GLOBE NEWSWIRE) — Top California Lender, a private lender specializing in commercial real estate lending, is proud to announce the successful closing of a $5.3 million loan to finance the acquisition of a mixed-use development in Boise, Idaho. This transaction highlights the company’s commitment to supporting innovative projects in emerging […]

Economics

2 w. ago Private Equity Stuck in Limbo Gets Assist From Direct Lenders

As private equity firms struggle to sell the companies they own and return cash to investors, their counterparts in the world of private credit are offering special loans to tide them over.

Other

3 w. ago Zimbabwe Has $9 Billion Plan to Join African Electricity Drive

Zimbabwe laid out plans to raise more than $9 billion to boost energy access at a conference in London on Wednesday, an event organized by multilateral lenders to promote a flagship African electrification program to private investors.

Economics