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The One Big Beautiful Bill Act signed into law by President Trump on July 4, 2025, permanently extends key provisions from the 2017 Tax Cuts and Jobs Act while introducing new measures affecting secured lenders and their borrowers. The legislation passed the Senate 51-50 with Vice President Vance casting the tie-breaking vote on July 1, followed by House approval on July 3.

Gordon Brothers, the global asset experts, has acquired SOLIC Capital Advisors (SOLIC), a premier financial advisory and investment banking firm with deep experience in realizing value recovery in complex situations.

Marius Silvasan, CEO, eCapital, discusses market position, recent acquisitions, industry trends, and the role of AI and technology in non-bank lending.

The secured finance industry already knows the distinction between these two lending strategies. But these terms are often used interchangeably in public commentary, pitch materials, and industry conferences. If you are a capital allocator trying to capture the strengths of asset-based lending, or a regulator trying to understand what should be considered an asset-backed strategy, you have your work cut out for you.

eCapital Corp. (“eCapital” or “the Company”), a technology-enabled leader in specialty finance for small and medium-sized businesses (SMBs) across North America and the U.K., today announced a renewal and upsizing of its subsidiaries’ asset-based lending (ABL) facility. The renewed facility has a three-year term and maximum commitments increased from $987 million to $1.38 billion.

In this installment of our series of executive interviews, Charlie Perer sits with Bryan Ballowe, Managing Partner of TradeCap Partners, to hear insights about today’s trade finance/in-transit inventory market and his views on the tariffs, among other things.

(Editor’s Note: This article was created with assistance from ChatGPT)

In the evolving world of corporate finance, private credit has emerged as a formidable force, challenging traditional banking paradigms. Once a niche segment, it has burgeoned into a $1.5 trillion market as of early 2024, with projections estimating growth to $2.6 trillion by 2029. This surge is not merely a quantitative shift, but signifies a qualitative transformation in how businesses access capital.

FGI Worldwide LLC (“FGI”), a global leader in the commercial finance industry, has announced the hiring of Bryan Rozum, CFA, as Managing Director, FGI Finance. Based in Chicago, Mr. Rozum will focus on originating new business opportunities throughout the Midwest for FGI Finance, FGI's asset-based lending division.

The following is an overview of the Restructuring Corner: What Happens When Trouble Hits? Panel held May 13 during SFNet’s International Lending Conference in London.