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Austin Financial Services (AFS) Closes a $3MM ABL Facility to Manufacturer of Sheet Metal Components
February 18, 2025Austin Financial Services (AFS) is pleased to announce the successful closing of a $3MM asset-based lending facility (ABL) to a leading manufacturer of sheet metal components serving the railroad and automotive sectors. The financing solution was comprised of an accounts receivable and inventory revolver, as well as an equipment term loan.
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NXT Capital Closes Senior Credit Facility in Support of Agellus Capital’s Acquisition of CompassMSP
February 18, 2025NXT Capital announced today that it closed a senior credit facility in support of Agellus Capital’s acquisition of CompassMSP, which merged with Agellus’ existing managed IT portfolio company, BlackPoint IT Services. NXT Capital acted as Joint Lead Arranger and Administrative Agent on this transaction.
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Victory Park Capital Expands Legal Credit Team, Welcomes Hugo Lestiboudois as Principal
February 18, 2025Victory Park Capital (“VPC”), a global alternative investment firm specializing in private credit, today announced that Hugo Lestiboudois has joined the firm as Principal. Mr. Lestiboudois, who brings over 10 years of experience in developing and operating legal finance strategies, will work alongside Richard Levy, VPC CEO, CIO & Founder, and Chad Clamage, Managing Director, to advance the firm’s legal credit strategy.
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Kilo Fund Management Announces New Asset-Based Lending Facility
February 18, 2025Kilo Fund Management, a specialty provider of commodity inventory finance to North American middle-market companies, announced the extension of its $50 million asset-backed senior secured revolving credit facility (the “ABL”). The renewed commitment enhances Kilo’s ability to deliver tailored commodity finance solutions to industrial and wholesale users of metals, food and agricultural commodities, and energy inventories.
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Porter Capital Provides $15 Million in Financing for Transportation Startup
February 18, 2025Porter Capital, a trusted leader in specialty financing solutions, has provided a $15 million credit facility for a newly established entity in the transportation and freight services industry, headquartered in Georgia. The client, with nearly a century of operational history and a strong presence in the Midwest, required innovative financing to support its transition after forming a new LLC to acquire a division of a publicly traded Fortune 500 company.
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Treatment.Com AI Inc. Announces a New M&A Credit Facility
February 13, 2025Treatment.com AI Inc. (the “Company” or “Treatment”) (CSE: TRUE; OTC: TREIF; FFA: 939) announces that it has entered into a M&A credit facility to fund transaction expenses and closing costs associated with acquisitions such as rocket Doctor.
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Vero Fiber Expands Credit Facility for Further Network Growth
February 13, 2025VFN Holdings, Inc (Vero), a nationwide fiber infrastructure provider serving wholesale, carrier, technology, education and retail internet customers, announced the successful expansion of its existing credit facility to $240M of committed capital with an accordion providing up to $310M of total capacity.
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Niamh Kristufek Joins First Business Bank As President of Specialty Finance
February 13, 2025First Business Bank welcomes Niamh Kristufek to its parent company, First Business Financial Services, Inc., as President - Specialty Finance. With extensive financial services experience, Niamh provides strategic guidance and expertise to our Accounts Receivable Financing, Equipment Financing, and Floorplan Financing, and SBA Lending teams.
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Loeb Carves Success For a Woodworking Company
February 13, 2025A well-established woodworking company in Minnesota acquired a smaller competitor with the help of a $1.2 million term loan from Loeb. This acquisition embodies the importance of collaboration and adaptability in financial transactions.
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Tiger Group Offers Prized M&R Polaris PR 2 Stryker Printers
February 13, 2025Tiger Group is now accepting offers on three high-speed, direct-to-garment POLARIS™ printing systems manufactured by M&R Sales & Services, Inc., along with other equipment that is surplus to the operations of a large textile-embellishment company.
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Haynes Boone Fund Finance Report Reveals New Lenders Driving Down Pricing and Fueling Innovation
February 13, 2025Haynes Boone's new Fund Finance Annual Report reveals a reversal in market dynamics, with facility pricing tightening to pre-2023 levels and a surge of new lenders reshaping the competitive landscape. The increase in market players is also driving innovation, with industry leaders reporting a wave of uniquely tailored financial products at the same time fundraising is expected to increase.
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James T. Bowen II Promoted to Senior Vice President - Credit Administration at First Bank and Trust Company
February 13, 2025First Bank and Trust Company and its parent holding company, First Bancorp, Inc., are pleased to announce the promotion of James T. Bowen II to Senior Vice President – Credit Administration. Bowen will take on this expanded role after 13 years of dedicated service to the organization, bringing his extensive expertise in credit management and banking to oversee the bank's loan portfolio and credit culture.
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Healthcare Funding Partners Announces $180 Million Senior Secured Credit Facility
February 13, 2025Healthcare Funding Partners (HFP) is pleased to announce the successful closing of a $180 million Senior Secured Credit Facility. J.P. Morgan served as Sole Bookrunner and Joint Lead Arranger, with Citi as the supporting Joint Lead Arranger
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Eco Material Technologies Inc. Announces Close of $800 Million Term Loan Facility
February 13, 2025Eco Material Technologies Inc. ("Eco Material" or the "Company"), the leading producer, marketer and distributor of supplementary cementitious materials ("SCMs") and producer of green cement products in North America is pleased to announce the successful closing of an $800.0 million term loan credit facility (the "Green Term Loan Facility") that matures in February 2032 and provides Eco Material with enhanced financial flexibility and support for its strategic initiatives.
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Applied Digital Closes $375 Million Financing with SMBC to Support Ellendale HPC Campus
February 13, 2025Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure for HPC applications, announced today that the Company, through its HPC subsidiary APLD HPC Holdings LLC (“APLDH”), closed a $375 million financing with SMBC.
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Oaktree Closes Opportunities Fund XII at $16 Billion
February 13, 2025Oaktree Capital Management, L.P. (“Oaktree”) today announced the final close of Oaktree Opportunities Fund XII (“Opps XII” or “the Fund”), with approximately $16 billion of commitments, including co-investment and affiliated vehicles.
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AlixPartners Announces Catherine Sherwin and Mark Veldon as EMEA Co-Heads
February 12, 2025AlixPartners, the global consulting firm, today announced that Catherine Sherwin and Mark Veldon have been appointed to serve as EMEA Co-Heads, effective immediately. The new Co-Heads of EMEA, both of whom are currently in senior leadership roles at AlixPartners, were selected following an internal process.
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ATC Managers, LLC Closes $51 Million Loan for Multifamily Portfolio Acquisition and Refinance
February 12, 2025ATC Managers, LLC, a direct private lender specializing in flexible real estate financing, is pleased to announce the successful closing of a $51 million loan for the acquisition and refinance of a multifamily portfolio spanning Los Angeles, Miami, Dallas, Phoenix and Atlanta.
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Online Auction Features Late-Model Tractor Trucks and Trailers
February 12, 2025A court-approved bankruptcy sale on February 19 offers an opportunity to acquire well-maintained trucks and trailers at liquidation values. Tiger Group is conducting the live webcast auction as part of the complete liquidation of a leading North American tractor truck and trailer dealer and leasing company.
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Cambridge Savings Bank Announces $20M Revolving Line of Credit to Arctaris Impact Investors to Enhance Community Investment Strategy
February 12, 2025Cambridge Savings Bank (“CSB”), a full-service mutual bank with a customer-first approach and $7 billion in assets, today announced that its Asset-Based Lending (“ABL”) team has provided a $20M revolving line of credit to Arctaris Impact Investors, LLC (“Arctaris”). Based in Wellesley, Massachusetts, Arctaris will use the financing to enhance the capabilities of Arctaris Impact’s abilities to provide profitable, growth-oriented businesses in underserved regions throughout the U.S.
-
Austin Financial Services (AFS) Closes a $3MM ABL Facility to Manufacturer of Sheet Metal Components
February 18, 2025Austin Financial Services (AFS) is pleased to announce the successful closing of a $3MM asset-based lending facility (ABL) to a leading manufacturer of sheet metal components serving the railroad and automotive sectors. The financing solution was comprised of an accounts receivable and inventory revolver, as well as an equipment term loan.
-
NXT Capital Closes Senior Credit Facility in Support of Agellus Capital’s Acquisition of CompassMSP
February 18, 2025NXT Capital announced today that it closed a senior credit facility in support of Agellus Capital’s acquisition of CompassMSP, which merged with Agellus’ existing managed IT portfolio company, BlackPoint IT Services. NXT Capital acted as Joint Lead Arranger and Administrative Agent on this transaction.
-
Victory Park Capital Expands Legal Credit Team, Welcomes Hugo Lestiboudois as Principal
February 18, 2025Victory Park Capital (“VPC”), a global alternative investment firm specializing in private credit, today announced that Hugo Lestiboudois has joined the firm as Principal. Mr. Lestiboudois, who brings over 10 years of experience in developing and operating legal finance strategies, will work alongside Richard Levy, VPC CEO, CIO & Founder, and Chad Clamage, Managing Director, to advance the firm’s legal credit strategy.
-
Kilo Fund Management Announces New Asset-Based Lending Facility
February 18, 2025Kilo Fund Management, a specialty provider of commodity inventory finance to North American middle-market companies, announced the extension of its $50 million asset-backed senior secured revolving credit facility (the “ABL”). The renewed commitment enhances Kilo’s ability to deliver tailored commodity finance solutions to industrial and wholesale users of metals, food and agricultural commodities, and energy inventories.
-
Porter Capital Provides $15 Million in Financing for Transportation Startup
February 18, 2025Porter Capital, a trusted leader in specialty financing solutions, has provided a $15 million credit facility for a newly established entity in the transportation and freight services industry, headquartered in Georgia. The client, with nearly a century of operational history and a strong presence in the Midwest, required innovative financing to support its transition after forming a new LLC to acquire a division of a publicly traded Fortune 500 company.
-
Treatment.Com AI Inc. Announces a New M&A Credit Facility
February 13, 2025Treatment.com AI Inc. (the “Company” or “Treatment”) (CSE: TRUE; OTC: TREIF; FFA: 939) announces that it has entered into a M&A credit facility to fund transaction expenses and closing costs associated with acquisitions such as rocket Doctor.
-
Vero Fiber Expands Credit Facility for Further Network Growth
February 13, 2025VFN Holdings, Inc (Vero), a nationwide fiber infrastructure provider serving wholesale, carrier, technology, education and retail internet customers, announced the successful expansion of its existing credit facility to $240M of committed capital with an accordion providing up to $310M of total capacity.
-
Niamh Kristufek Joins First Business Bank As President of Specialty Finance
February 13, 2025First Business Bank welcomes Niamh Kristufek to its parent company, First Business Financial Services, Inc., as President - Specialty Finance. With extensive financial services experience, Niamh provides strategic guidance and expertise to our Accounts Receivable Financing, Equipment Financing, and Floorplan Financing, and SBA Lending teams.
-
Loeb Carves Success For a Woodworking Company
February 13, 2025A well-established woodworking company in Minnesota acquired a smaller competitor with the help of a $1.2 million term loan from Loeb. This acquisition embodies the importance of collaboration and adaptability in financial transactions.
-
Tiger Group Offers Prized M&R Polaris PR 2 Stryker Printers
February 13, 2025Tiger Group is now accepting offers on three high-speed, direct-to-garment POLARIS™ printing systems manufactured by M&R Sales & Services, Inc., along with other equipment that is surplus to the operations of a large textile-embellishment company.
-
Haynes Boone Fund Finance Report Reveals New Lenders Driving Down Pricing and Fueling Innovation
February 13, 2025Haynes Boone's new Fund Finance Annual Report reveals a reversal in market dynamics, with facility pricing tightening to pre-2023 levels and a surge of new lenders reshaping the competitive landscape. The increase in market players is also driving innovation, with industry leaders reporting a wave of uniquely tailored financial products at the same time fundraising is expected to increase.
-
James T. Bowen II Promoted to Senior Vice President - Credit Administration at First Bank and Trust Company
February 13, 2025First Bank and Trust Company and its parent holding company, First Bancorp, Inc., are pleased to announce the promotion of James T. Bowen II to Senior Vice President – Credit Administration. Bowen will take on this expanded role after 13 years of dedicated service to the organization, bringing his extensive expertise in credit management and banking to oversee the bank's loan portfolio and credit culture.
-
Healthcare Funding Partners Announces $180 Million Senior Secured Credit Facility
February 13, 2025Healthcare Funding Partners (HFP) is pleased to announce the successful closing of a $180 million Senior Secured Credit Facility. J.P. Morgan served as Sole Bookrunner and Joint Lead Arranger, with Citi as the supporting Joint Lead Arranger
-
Eco Material Technologies Inc. Announces Close of $800 Million Term Loan Facility
February 13, 2025Eco Material Technologies Inc. ("Eco Material" or the "Company"), the leading producer, marketer and distributor of supplementary cementitious materials ("SCMs") and producer of green cement products in North America is pleased to announce the successful closing of an $800.0 million term loan credit facility (the "Green Term Loan Facility") that matures in February 2032 and provides Eco Material with enhanced financial flexibility and support for its strategic initiatives.
-
Applied Digital Closes $375 Million Financing with SMBC to Support Ellendale HPC Campus
February 13, 2025Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure for HPC applications, announced today that the Company, through its HPC subsidiary APLD HPC Holdings LLC (“APLDH”), closed a $375 million financing with SMBC.
-
Oaktree Closes Opportunities Fund XII at $16 Billion
February 13, 2025Oaktree Capital Management, L.P. (“Oaktree”) today announced the final close of Oaktree Opportunities Fund XII (“Opps XII” or “the Fund”), with approximately $16 billion of commitments, including co-investment and affiliated vehicles.
-
AlixPartners Announces Catherine Sherwin and Mark Veldon as EMEA Co-Heads
February 12, 2025AlixPartners, the global consulting firm, today announced that Catherine Sherwin and Mark Veldon have been appointed to serve as EMEA Co-Heads, effective immediately. The new Co-Heads of EMEA, both of whom are currently in senior leadership roles at AlixPartners, were selected following an internal process.
-
ATC Managers, LLC Closes $51 Million Loan for Multifamily Portfolio Acquisition and Refinance
February 12, 2025ATC Managers, LLC, a direct private lender specializing in flexible real estate financing, is pleased to announce the successful closing of a $51 million loan for the acquisition and refinance of a multifamily portfolio spanning Los Angeles, Miami, Dallas, Phoenix and Atlanta.
-
Online Auction Features Late-Model Tractor Trucks and Trailers
February 12, 2025A court-approved bankruptcy sale on February 19 offers an opportunity to acquire well-maintained trucks and trailers at liquidation values. Tiger Group is conducting the live webcast auction as part of the complete liquidation of a leading North American tractor truck and trailer dealer and leasing company.
-
Cambridge Savings Bank Announces $20M Revolving Line of Credit to Arctaris Impact Investors to Enhance Community Investment Strategy
February 12, 2025Cambridge Savings Bank (“CSB”), a full-service mutual bank with a customer-first approach and $7 billion in assets, today announced that its Asset-Based Lending (“ABL”) team has provided a $20M revolving line of credit to Arctaris Impact Investors, LLC (“Arctaris”). Based in Wellesley, Massachusetts, Arctaris will use the financing to enhance the capabilities of Arctaris Impact’s abilities to provide profitable, growth-oriented businesses in underserved regions throughout the U.S.
© 2025 Secured Finance Network

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