Industry News
Federal Reserve Boosts Rates for 10th Time Since March 2022
The Federal Reserve announced that it will raise the target range for the federal funds rate to between 5% and 5.25% on Wednesday, marking a quarter point increase and its third such move of 2023 and 10th since it began its efforts to curb rising inflation last March.
Brean Capital Advises on Dext Capital’s Corporate Note Issuance
Dext Capital, a healthcare equipment leasing company, recently closed an investment-grade corporate note issuance. Brean Capital served as Dext Capital’s exclusive financial advisor and sole placement agent.
Alleon Healthcare Capital Provides $1.3MM Medical AR Financing Facility for Health Network
Alleon Healthcare Capital closed a $1.3 million medical accounts receivable financing facility with a health network in Florida.
Entrepreneur Growth Capital Provides $8MM Credit Facility to Wholesale Distributor Company
Entrepreneur Growth Capital closed an $8 million asset-based facility for a wholesale distributor selling products to retailers and e-commerce companies.
JD Factors Provides $20.7MM in Factoring Facilities to 29 New Clients
J D Factors provided $20.7 million in new factoring facilities to 29 new clients in the U.S. and Canada during the month of April.