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Stenn Closes Unsecured Seven Figure Trade Finance Facility for Photographic Paper Importer in USA
September 23, 2019This new facility was closed in less than 60 days and is being used to help increase sales and support open account payment terms to overseas suppliers.
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Northstar Announces Hiring of New Director of Distressed Acquisitions and Debt, Jonathan Smith
September 23, 2019Today, Northstar Commercial Partners is thrilled to announce the hiring of Jonathan Smith, who will be focused on strategically sourcing distressed commercial real estate properties and mortgages from banks and financial institutions.
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RiteScreen Company Completes Debt Refinancing to Capitalize Company for Growth
September 23, 2019The RiteScreen Company, LLC, the largest independent manufacturer of window and patio door screens in North America, announced it successfully completed a refinancing and has entered into a new credit facility with U.S. Bank N.A.
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Commercial Finance Partners Announces Kevin Soles has Joined to Manage Business Development Efforts in the Northeast
September 23, 2019Commercial Finance Partners, headquartered in Boca Raton, Florida, is pleased to announce the recent addition of Kevin Soles to manage business development efforts in the Northeast.
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Maverix Metals Closes US$120 Million Credit Facility
September 23, 2019Maverix would like to thank Canadian Imperial Bank of Commerce and National Bank of Canada for their continued support and confidence in the Company's business model as well as welcome The Bank of Nova Scotia as a new member to the syndicate. Maverix intends to use the Increased Facility for future royalty and stream acquisitions
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Alvopetro Announces US$15 Million Credit Facility
September 23, 2019Alvopetro Energy Ltd. (TSX-V: ALV; OTCQX: ALVOF) ("Alvopetro") announces that we have entered into a US$15 million Credit Agreement (the "Facility") with Cordiant Capital Inc. and its affiliates ("Cordiant").
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Atlantic Risk Strengthens its European Footprint and Lands in Germany
September 23, 2019Atlantic RMS the leading provider of Diligence, Workout and Collection Services to the ABL, ABS and Receivables Finance Industry, has extended its reach and presence in Germany.
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ServisFirst Bank Announces New Commercial Banking Team for Charleston, SC and Naples, FL Markets
September 23, 2019Kurt Sequer, Senior Vice President, Commercial Banking, Steve Humphreys, Senior Vice President, Commercial Banking, Brian Michel, Senior Vice President, Commercial Banking, and Christy Chumney, Assistant Relationship Manager joined the Charleston, SC location.
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Orrick Adds Structured Finance Rising Star in London
September 23, 2019Orrick announced today that structured finance lawyer Richard Hanson has joined the firm as a partner based in London. He joins from Ropes & Gray.
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BancorpSouth Hires Jake Munn to Lead Corporate Commercial and Industrial and Syndications Lending
September 23, 2019BancorpSouth Bank (NYSE: BXS) announced today that it has hired Jake Munn as president of Corporate Commercial and Industrial (C&I) and Syndications Lending to help the bank diversify its loan portfolio and build out its loan syndications operations.
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Utica Leaseco and Utica Equipment Finance Announce Transactions
September 23, 2019Utica Leaseco and Utica Equipment Finance is pleased to announce the completion of two transactions totaling over $8,000,000 during the week of September 16-20, 2019.
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BBVA USA Hires Luisa Gavino Martinez as Commercial Relationship Manager in Austin Market
September 23, 2019BBVA USA announced today that it has named Luisa Gavino Martinez as its new Commercial Relationship Manager, where she will be tasked with managing and developing a robust portfolio of commercial and Global Wealth clients in the Austin market.
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Austin Financial Services Provides a $3MM Revolving Credit Facility to a Specialty Chemical Compounds Developer & Manufacturer
September 23, 2019Austin Financial Services, Inc. (AFS) is pleased to announce the closing of a $3MM senior secured credit facility comprised of an AR and Inventory revolver to a southwest based developer & manufacturer of specialty chemical compounds used in oil & gas drilling and road constructio
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OSG Announces Completion of Refinancing and Amended Credit Facility
September 23, 2019OSG Group Holdings, Inc., the parent company of OSG Billing Services (with its related companies, “OSG”), a leading provider of omnichannel billing and payment solutions, customer engagement and critical customer communication management, today announced that it has completed a significant debt refinancing in connection with the acquisitions of Communisis PLC and NCP Solutions at the end of 2018.
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Fifth Third Business Capital Canada Provides $7 Million for CLT Logistics
September 23, 2019Fifth Third Business Capital Canada Inc., a subsidiary of Fifth Third Bank, announced it acted as sole lender and administrative agent on the funding of a $7,000,000 senior credit facility to Scarborough, Ontario, Canada-based CLT Logistics, Inc.
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MMA Capital Holdings Announces Revolving Credit Facility and Share Buyback Plan
September 19, 2019MMA Capital Holdings, Inc. (Nasdaq: MMAC) today announced that its indirect wholly-owned subsidiary, MMA Energy Holdings, LLC, entered into a secured revolving credit facility with the lenders party thereto and East West Bank.
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Global Ship Lease Announces New Five-Year $268 Million Credit Facility for Debt Refinancing
September 19, 2019Refinancing reduces average cost of debt and significantly extends maturities from 2020 to 2024.
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MidCap Business Credit Closes Facility for Global Tissue Group, Inc.
September 19, 2019Headquartered in Medford, NY, Global Tissue Group is a leading private label paper manufacturer for paper towels, napkins, bath and facial tissue.
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Crestmark Provides More Than $33 Million in Commercial Financing to 71 Businesses in the First Half of September
September 19, 2019Crestmark secured a total of $12,650,000 in ABL financial solutions for 11 new clients; Crestmark Equipment Finance provided $10,041,309 in four new lease transactions; Crestmark Vendor Finance provided $4,761,049 in 53 new lease transactions; and the Government Guaranteed Lending Division provided $5,730,000 in financing for four new clients in the first half of September.
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Utica Equipment Finance Announces New Hire
September 19, 2019Utica Equipment Finance, a leading provider of equipment-based term loans and leases to companies throughout North America, today announced that Byron Howell has joined the Company as Managing Director-Sales. He will be responsible for sourcing and developing client and referral source relationships throughout the United States.
-
Stenn Closes Unsecured Seven Figure Trade Finance Facility for Photographic Paper Importer in USA
September 23, 2019This new facility was closed in less than 60 days and is being used to help increase sales and support open account payment terms to overseas suppliers.
-
Northstar Announces Hiring of New Director of Distressed Acquisitions and Debt, Jonathan Smith
September 23, 2019Today, Northstar Commercial Partners is thrilled to announce the hiring of Jonathan Smith, who will be focused on strategically sourcing distressed commercial real estate properties and mortgages from banks and financial institutions.
-
RiteScreen Company Completes Debt Refinancing to Capitalize Company for Growth
September 23, 2019The RiteScreen Company, LLC, the largest independent manufacturer of window and patio door screens in North America, announced it successfully completed a refinancing and has entered into a new credit facility with U.S. Bank N.A.
-
Commercial Finance Partners Announces Kevin Soles has Joined to Manage Business Development Efforts in the Northeast
September 23, 2019Commercial Finance Partners, headquartered in Boca Raton, Florida, is pleased to announce the recent addition of Kevin Soles to manage business development efforts in the Northeast.
-
Maverix Metals Closes US$120 Million Credit Facility
September 23, 2019Maverix would like to thank Canadian Imperial Bank of Commerce and National Bank of Canada for their continued support and confidence in the Company's business model as well as welcome The Bank of Nova Scotia as a new member to the syndicate. Maverix intends to use the Increased Facility for future royalty and stream acquisitions
-
Alvopetro Announces US$15 Million Credit Facility
September 23, 2019Alvopetro Energy Ltd. (TSX-V: ALV; OTCQX: ALVOF) ("Alvopetro") announces that we have entered into a US$15 million Credit Agreement (the "Facility") with Cordiant Capital Inc. and its affiliates ("Cordiant").
-
Atlantic Risk Strengthens its European Footprint and Lands in Germany
September 23, 2019Atlantic RMS the leading provider of Diligence, Workout and Collection Services to the ABL, ABS and Receivables Finance Industry, has extended its reach and presence in Germany.
-
ServisFirst Bank Announces New Commercial Banking Team for Charleston, SC and Naples, FL Markets
September 23, 2019Kurt Sequer, Senior Vice President, Commercial Banking, Steve Humphreys, Senior Vice President, Commercial Banking, Brian Michel, Senior Vice President, Commercial Banking, and Christy Chumney, Assistant Relationship Manager joined the Charleston, SC location.
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Orrick Adds Structured Finance Rising Star in London
September 23, 2019Orrick announced today that structured finance lawyer Richard Hanson has joined the firm as a partner based in London. He joins from Ropes & Gray.
-
BancorpSouth Hires Jake Munn to Lead Corporate Commercial and Industrial and Syndications Lending
September 23, 2019BancorpSouth Bank (NYSE: BXS) announced today that it has hired Jake Munn as president of Corporate Commercial and Industrial (C&I) and Syndications Lending to help the bank diversify its loan portfolio and build out its loan syndications operations.
-
Utica Leaseco and Utica Equipment Finance Announce Transactions
September 23, 2019Utica Leaseco and Utica Equipment Finance is pleased to announce the completion of two transactions totaling over $8,000,000 during the week of September 16-20, 2019.
-
BBVA USA Hires Luisa Gavino Martinez as Commercial Relationship Manager in Austin Market
September 23, 2019BBVA USA announced today that it has named Luisa Gavino Martinez as its new Commercial Relationship Manager, where she will be tasked with managing and developing a robust portfolio of commercial and Global Wealth clients in the Austin market.
-
Austin Financial Services Provides a $3MM Revolving Credit Facility to a Specialty Chemical Compounds Developer & Manufacturer
September 23, 2019Austin Financial Services, Inc. (AFS) is pleased to announce the closing of a $3MM senior secured credit facility comprised of an AR and Inventory revolver to a southwest based developer & manufacturer of specialty chemical compounds used in oil & gas drilling and road constructio
-
OSG Announces Completion of Refinancing and Amended Credit Facility
September 23, 2019OSG Group Holdings, Inc., the parent company of OSG Billing Services (with its related companies, “OSG”), a leading provider of omnichannel billing and payment solutions, customer engagement and critical customer communication management, today announced that it has completed a significant debt refinancing in connection with the acquisitions of Communisis PLC and NCP Solutions at the end of 2018.
-
Fifth Third Business Capital Canada Provides $7 Million for CLT Logistics
September 23, 2019Fifth Third Business Capital Canada Inc., a subsidiary of Fifth Third Bank, announced it acted as sole lender and administrative agent on the funding of a $7,000,000 senior credit facility to Scarborough, Ontario, Canada-based CLT Logistics, Inc.
-
MMA Capital Holdings Announces Revolving Credit Facility and Share Buyback Plan
September 19, 2019MMA Capital Holdings, Inc. (Nasdaq: MMAC) today announced that its indirect wholly-owned subsidiary, MMA Energy Holdings, LLC, entered into a secured revolving credit facility with the lenders party thereto and East West Bank.
-
Global Ship Lease Announces New Five-Year $268 Million Credit Facility for Debt Refinancing
September 19, 2019Refinancing reduces average cost of debt and significantly extends maturities from 2020 to 2024.
-
MidCap Business Credit Closes Facility for Global Tissue Group, Inc.
September 19, 2019Headquartered in Medford, NY, Global Tissue Group is a leading private label paper manufacturer for paper towels, napkins, bath and facial tissue.
-
Crestmark Provides More Than $33 Million in Commercial Financing to 71 Businesses in the First Half of September
September 19, 2019Crestmark secured a total of $12,650,000 in ABL financial solutions for 11 new clients; Crestmark Equipment Finance provided $10,041,309 in four new lease transactions; Crestmark Vendor Finance provided $4,761,049 in 53 new lease transactions; and the Government Guaranteed Lending Division provided $5,730,000 in financing for four new clients in the first half of September.
-
Utica Equipment Finance Announces New Hire
September 19, 2019Utica Equipment Finance, a leading provider of equipment-based term loans and leases to companies throughout North America, today announced that Byron Howell has joined the Company as Managing Director-Sales. He will be responsible for sourcing and developing client and referral source relationships throughout the United States.
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