Alignment Credit exits the loan to Larada Sciences, Inc.

New York, NY – September 2022: Alignment Credit exits the loan to Larada Sciences, Inc.
Larada (https://www.liceclinicsofamerica.com/) manages the largest network of over 300 franchised professional head lice urgent care clinics in over 30 countries that offer treatments using an FDA-cleared and patented hot air device. Larada also markets pesticide-free topical OTC lice treatment products under the Lice Clinics of America® brand distributed through select retailers and Amazon.

Alignment Credit exits the loan to Apptricity Corporation

New York, NY — Alignment Credit exits the loan to Apptricity Corporation

Headquartered in Dallas, TX, Apptricity (https://www.apptricity.com/) is a provider of Internet of Things and SaaS solutions for Supply Chain and HR Spend Management. The company generates revenue through a combination of software license sales, custom hardware sales, maintenance fees and professional services provided to blue-chip enterprise and government clients, including AT&T, The U.S. Army, U.S. Courts, and Verizon.

Managing Partner of Alignment Credit, Vadim Margulis, quoted in Institutional Investor

Managing Partner of Alignment Credit, Vadim Margulis, recently discussed with Institutional Investor his views on the current state of middle-market private credit and its successful performance in the aftermath of the COVID-19 pandemic.

He commented that the private credit industry has seen a steady flow of potential borrowers looking for alternatives to their long-standing banking relationships. “Our view is that many commercial banks overreacted and initially over-tightened their lending requirements, expecting a major credit meltdown, which ultimately was avoided in many areas of the market,” he said.

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https://www.institutionalinvestor.com/article/…