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$8 Million ABL Line Builds Foundation for Acquisition, Growth
March 10, 2025An established Arizona contractor provides commercial and residential glass as well as commercial wood and metal doors. Clients include large hotels, hospitals, office buildings and retail locations as well as residential clients requiring specialty applications in custom glass, mirrors and shower surrounds.
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Assembled Brands Provides Growth Line of Credit to wildwonder
March 10, 2025Assembled Brands Capital, a leading asset-based lender for high-growth consumer brands, has closed a new growth line of credit with wildwonder, a standout brand in the rapidly expanding probiotic beverage market. The secured facility will provide the working capital necessary to scale production, optimize inventory management, and meet the growing consumer demand.
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KLX Energy Services Holdings, Inc. Enters Into New Credit Agreement to Refinance Existing Senior Secured Notes Due 2025
March 10, 2025-- KLX Energy Services Holdings, Inc. (Nasdaq: KLXE) ("KLX", the "Company", "we", "us" or "our") announced today that it has entered agreements to refinance its existing 2025 senior secured notes by issuing approximately $232 million of senior secured notes due March 2030. The Company also announced it has entered into a new ABL credit facility due March 2028 with a $125 million commitment, a first-in-last-out facility with a $10 million commitment,
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Sallyport Commercial Finance Provides Oilfield Services Company With a $500,000 Factoring Facility
March 10, 2025Sallyport Commercial Finance is pleased to announce the successful funding of a $500,000 accounts receivables facility for a growing oilfield services business.
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Hudson’s Bay Company ULC, the Operator of Hudson’s Bay Stores and TheBay.com, Initiates Restructuring Proceedings Under CCAA in Response to Canadian Retail Industry Challenges
March 10, 2025Hudson’s Bay Company ULC (Hudson’s Bay or the company), the Canadian entity that comprises the retailer Hudson’s Bay and TheBay.com, today announced that it has commenced proceedings under the Companies’ Creditors Arrangement Act (CCAA) pursuant to an initial order for creditor protection from the Ontario Superior Court of Justice (Commercial List) (the Court). Pursuant to the Initial Order, the Court has appointed Alvarez & Marsal Canada Inc. as the monitor to oversee the CCAA proceedings.
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CIT Commercial Services Provides $45 Million Credit Facility to Logistics Provider
March 10, 2025First Citizens Bank today announced that its CIT Commercial Services subsidiary provided a $45 million non-recourse factoring facility to a sponsor-owned, technology-driven logistics services company in the Mountain States region.
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CIBC Innovation Banking Provides Growth Capital Financing to SpryPoint
March 10, 2025CIBC Innovation Banking announced today that it has provided a growth-focused credit facility to SpryPoint Services Inc., a leading provider of software for public utilities. SpryPoint helps utilities transform customer service and operations across a cloud-native platform. SpryPoint's approach to the meter-to-cash lifecycle helps utilities go beyond routine tasks – becoming true partners in the modernization journey to create lasting impact and greater value for their clients.
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Collins Joins CohnReznick as Florida State and Local Government Advisory Lead
March 10, 2025CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that Meghan Collins has joined CohnReznick's Government and Public Sector Advisory practice to lead its Florida state and local government initiatives.
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Flatbay Capital Secures a $2MM CRE Line for Real Estate Developer
March 10, 2025Flatbay Capital secured a $2MM CRE line for a seasoned entrepreneur and national commercial real estate developer. for working capital needs.
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Mauricio Cuellar Joins Barclay Damon
March 10, 2025Barclay Damon announces Mauricio Cuellar, counsel, has joined Barclay Damon’s Real Estate and Financial Institutions & Lending Practice Areas. His primary office is Rochester.
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InterNex Capital Announces $9 Million Facility to Leading Weather-Readiness Service Company
March 10, 2025A leading weather-readiness service company, focused on enterprise level fulfillment centers, needed an innovative lender who could provide seasonal flexibility and accommodate investment grade customer concentrations. InterNex Capital provided a comprehensive $9 million revolving line of credit that provided seasonal flexibility to meet demand surge during inclement weather.
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Accuride Successfully Emerges from Restructuring Process and Announces Leadership Transition
March 10, 2025Accuride Corporation ("Accuride" or the "Company") today announced the successful completion of the Company's restructuring process and emergence from Chapter 11. Accuride's restructuring process equitizes over $400 million of funded debt and restructures ~$170 million of additional obligations.
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Walker & Dunlop Announces Pricing of Amended Senior Secured Credit Agreement
March 10, 2025Walker & Dunlop, Inc. (the “Company”) announced today that it priced its previously announced amended and restated senior secured credit agreement. The $450 million term loan facility under the amended and restated credit agreement will initially bear interest at a rate equal to SOFR plus 2.00%.
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Wolters Kluwer Appoints Lisa Nelson as CEO of Financial & Corporate Compliance
March 10, 2025Wolters Kluwer, a global leader in information solutions, software, and services for professionals, has named Lisa Nelson as Chief Executive Officer of its Financial & Corporate Compliance (FCC) division, effective March 31.
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LeddarTech Enters Into Amendments to Credit Facility and Bridge Financing Offer
March 7, 2025LeddarTech® Holdings Inc. (“LeddarTech”) (Nasdaq: LDTC), an automotive software company that provides patented disruptive AI-based low-level sensor fusion and perception software technology, LeddarVision™, today announced that it has entered into: a sixteenth amending agreement (the “Sixteenth Amending Agreement”) with Fédération des caisses Desjardins du Québec (“Desjardins”) with respect to the amended and restated financing offer dated as of April 5, 2023 (the “Desjardins Credit Facility”).
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Sallyport Commercial Finance Provides Oilfield Services Business with a $500,000 Factoring Facility
March 7, 2025Sallyport Commercial Finance is pleased to announce the successful funding of a $500,000 accounts receivables facility for a growing Oilfield Services business. With increasing business activity and extended customer payment terms, the company faced stretched accounts payables, making it difficult to pay key suppliers on time.
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M&T Bank Appoints Carmen Magistro as Northern Pennsylvania Regional President
March 7, 2025M&T Bank (NYSE: MTB) has appointed Carmen Magistro as Northern Pennsylvania Regional President. Previously serving as M&T's Commercial Senior Group Manager for Northern Pennsylvania Commercial & Industrial, Magistro has assumed additional responsibilities to help strengthen M&T's presence in the community and enhance service to customers throughout the region.
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O2 Sponsor Finance Provides Senior Secured Credit Facilities to Support Branford Castle Partners' Acquisition of Hoffman Engineering
March 7, 2025O2 Sponsor Finance, a division of Old Second National Bank (NASDAQ:OSBC), capped off a busy 2024 with new financing activity. O2 Sponsor Finance provided senior secured credit facilities to support Branford Castle Partners ("Branford Castle") in its acquisition of Hoffman Engineering ("Hoffman").
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Womble Bond Dickinson Expands Corporate & Securities Practice with Addition in San Francisco
March 7, 2025Womble Bond Dickinson announced today that Alidad Vakili has joined the firm’s Corporate & Securities Practice Group as a partner in San Francisco.
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nFusion Capital Provides a $250,000 Factoring Facility a Veteran-Owned Security Guard Staffing Brokerage
March 7, 2025nFusion Capital announced it provided a $250,000 factoring facility a Veteran-Owned Security Guard Staffing Brokerage. Established in 2021, this veteran-owned security guard staffing brokerage provides services to a wide range of commercial clients, including cannabis dispensaries.
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$8 Million ABL Line Builds Foundation for Acquisition, Growth
March 10, 2025An established Arizona contractor provides commercial and residential glass as well as commercial wood and metal doors. Clients include large hotels, hospitals, office buildings and retail locations as well as residential clients requiring specialty applications in custom glass, mirrors and shower surrounds.
-
Assembled Brands Provides Growth Line of Credit to wildwonder
March 10, 2025Assembled Brands Capital, a leading asset-based lender for high-growth consumer brands, has closed a new growth line of credit with wildwonder, a standout brand in the rapidly expanding probiotic beverage market. The secured facility will provide the working capital necessary to scale production, optimize inventory management, and meet the growing consumer demand.
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KLX Energy Services Holdings, Inc. Enters Into New Credit Agreement to Refinance Existing Senior Secured Notes Due 2025
March 10, 2025-- KLX Energy Services Holdings, Inc. (Nasdaq: KLXE) ("KLX", the "Company", "we", "us" or "our") announced today that it has entered agreements to refinance its existing 2025 senior secured notes by issuing approximately $232 million of senior secured notes due March 2030. The Company also announced it has entered into a new ABL credit facility due March 2028 with a $125 million commitment, a first-in-last-out facility with a $10 million commitment,
-
Sallyport Commercial Finance Provides Oilfield Services Company With a $500,000 Factoring Facility
March 10, 2025Sallyport Commercial Finance is pleased to announce the successful funding of a $500,000 accounts receivables facility for a growing oilfield services business.
-
Hudson’s Bay Company ULC, the Operator of Hudson’s Bay Stores and TheBay.com, Initiates Restructuring Proceedings Under CCAA in Response to Canadian Retail Industry Challenges
March 10, 2025Hudson’s Bay Company ULC (Hudson’s Bay or the company), the Canadian entity that comprises the retailer Hudson’s Bay and TheBay.com, today announced that it has commenced proceedings under the Companies’ Creditors Arrangement Act (CCAA) pursuant to an initial order for creditor protection from the Ontario Superior Court of Justice (Commercial List) (the Court). Pursuant to the Initial Order, the Court has appointed Alvarez & Marsal Canada Inc. as the monitor to oversee the CCAA proceedings.
-
CIT Commercial Services Provides $45 Million Credit Facility to Logistics Provider
March 10, 2025First Citizens Bank today announced that its CIT Commercial Services subsidiary provided a $45 million non-recourse factoring facility to a sponsor-owned, technology-driven logistics services company in the Mountain States region.
-
CIBC Innovation Banking Provides Growth Capital Financing to SpryPoint
March 10, 2025CIBC Innovation Banking announced today that it has provided a growth-focused credit facility to SpryPoint Services Inc., a leading provider of software for public utilities. SpryPoint helps utilities transform customer service and operations across a cloud-native platform. SpryPoint's approach to the meter-to-cash lifecycle helps utilities go beyond routine tasks – becoming true partners in the modernization journey to create lasting impact and greater value for their clients.
-
Collins Joins CohnReznick as Florida State and Local Government Advisory Lead
March 10, 2025CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that Meghan Collins has joined CohnReznick's Government and Public Sector Advisory practice to lead its Florida state and local government initiatives.
-
Flatbay Capital Secures a $2MM CRE Line for Real Estate Developer
March 10, 2025Flatbay Capital secured a $2MM CRE line for a seasoned entrepreneur and national commercial real estate developer. for working capital needs.
-
Mauricio Cuellar Joins Barclay Damon
March 10, 2025Barclay Damon announces Mauricio Cuellar, counsel, has joined Barclay Damon’s Real Estate and Financial Institutions & Lending Practice Areas. His primary office is Rochester.
-
InterNex Capital Announces $9 Million Facility to Leading Weather-Readiness Service Company
March 10, 2025A leading weather-readiness service company, focused on enterprise level fulfillment centers, needed an innovative lender who could provide seasonal flexibility and accommodate investment grade customer concentrations. InterNex Capital provided a comprehensive $9 million revolving line of credit that provided seasonal flexibility to meet demand surge during inclement weather.
-
Accuride Successfully Emerges from Restructuring Process and Announces Leadership Transition
March 10, 2025Accuride Corporation ("Accuride" or the "Company") today announced the successful completion of the Company's restructuring process and emergence from Chapter 11. Accuride's restructuring process equitizes over $400 million of funded debt and restructures ~$170 million of additional obligations.
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Walker & Dunlop Announces Pricing of Amended Senior Secured Credit Agreement
March 10, 2025Walker & Dunlop, Inc. (the “Company”) announced today that it priced its previously announced amended and restated senior secured credit agreement. The $450 million term loan facility under the amended and restated credit agreement will initially bear interest at a rate equal to SOFR plus 2.00%.
-
Wolters Kluwer Appoints Lisa Nelson as CEO of Financial & Corporate Compliance
March 10, 2025Wolters Kluwer, a global leader in information solutions, software, and services for professionals, has named Lisa Nelson as Chief Executive Officer of its Financial & Corporate Compliance (FCC) division, effective March 31.
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LeddarTech Enters Into Amendments to Credit Facility and Bridge Financing Offer
March 7, 2025LeddarTech® Holdings Inc. (“LeddarTech”) (Nasdaq: LDTC), an automotive software company that provides patented disruptive AI-based low-level sensor fusion and perception software technology, LeddarVision™, today announced that it has entered into: a sixteenth amending agreement (the “Sixteenth Amending Agreement”) with Fédération des caisses Desjardins du Québec (“Desjardins”) with respect to the amended and restated financing offer dated as of April 5, 2023 (the “Desjardins Credit Facility”).
-
Sallyport Commercial Finance Provides Oilfield Services Business with a $500,000 Factoring Facility
March 7, 2025Sallyport Commercial Finance is pleased to announce the successful funding of a $500,000 accounts receivables facility for a growing Oilfield Services business. With increasing business activity and extended customer payment terms, the company faced stretched accounts payables, making it difficult to pay key suppliers on time.
-
M&T Bank Appoints Carmen Magistro as Northern Pennsylvania Regional President
March 7, 2025M&T Bank (NYSE: MTB) has appointed Carmen Magistro as Northern Pennsylvania Regional President. Previously serving as M&T's Commercial Senior Group Manager for Northern Pennsylvania Commercial & Industrial, Magistro has assumed additional responsibilities to help strengthen M&T's presence in the community and enhance service to customers throughout the region.
-
O2 Sponsor Finance Provides Senior Secured Credit Facilities to Support Branford Castle Partners' Acquisition of Hoffman Engineering
March 7, 2025O2 Sponsor Finance, a division of Old Second National Bank (NASDAQ:OSBC), capped off a busy 2024 with new financing activity. O2 Sponsor Finance provided senior secured credit facilities to support Branford Castle Partners ("Branford Castle") in its acquisition of Hoffman Engineering ("Hoffman").
-
Womble Bond Dickinson Expands Corporate & Securities Practice with Addition in San Francisco
March 7, 2025Womble Bond Dickinson announced today that Alidad Vakili has joined the firm’s Corporate & Securities Practice Group as a partner in San Francisco.
-
nFusion Capital Provides a $250,000 Factoring Facility a Veteran-Owned Security Guard Staffing Brokerage
March 7, 2025nFusion Capital announced it provided a $250,000 factoring facility a Veteran-Owned Security Guard Staffing Brokerage. Established in 2021, this veteran-owned security guard staffing brokerage provides services to a wide range of commercial clients, including cannabis dispensaries.
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