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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.

SPECIALTY LENDING

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.

ASSOCIATION NEWS

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.