MERGERS & ACQUISITIONS, SPECIALTY LENDING & ASSOCIATION NEWS
MERGERS & ACQUISITIONS
SouthStar Capital Acquires Fintech Firm inFactor
SouthStar Capital acquired Charleston, SC-based inFactor, strengthening and expanding its service offerings in the factoring and asset-based lending sectors.
Sallyport Tailors Credit Facility for Children’s Footwear Company
Sallyport Commercial Finance provided a $750,000 accounts receivable facility to a family-owned business that produces, imports, and distributes quality footwear.
Rosenthal Provides $500K P/O Facility for Children’s Footwear Importer
Rosenthal & Rosenthal completed a $500,000 inventory production finance deal for a children’s footwear importer.
Four New Members Join IFA Advisory Board
Chris Abel, co-founder of iThrive Funding; John Cummings, founder of ACS Factors.; Tania Daniel, managing director of ENGS Commercial Capital; and Gerry Wawzonek, co-founder and CEO of Capital Now, have joined the International Factoring Association advisory board.