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Home > Chapters > Canada > News Detail
  • Backblaze Further Strengthens Financial Position With New Credit Facility
    June 5, 2025
    Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, today announced the successful closing of a senior secured revolving credit facility in an aggregate principal amount of up to $20.0 million (the “Credit Facility”), of which an aggregate amount of up to $3.0 million will be available through a letter of credit sub facility, with Citizens Bank, N.A. (“Citizens”).
  • Vera Therapeutics Announces Refinancing of Existing Oxford Debt Facility, Providing up to $500 Million of Term Loans
    June 5, 2025
    Vera Therapeutics, Inc. (“Vera”), a late clinical-stage biotechnology company focused on developing and commercializing transformative treatments for patients with serious immunological diseases, today announced that it has entered into a new credit facility providing for up to $500 million of term loans with its current partner Oxford Finance LLC.
  • BofA Names Gabby Hodgson President of Colorado
    June 5, 2025
    Bank of America has named Gabby Hodgson, Merrill market executive, as president of Bank of America Colorado. She succeeds Raju Patel who led the market for the past six years and continues as Global Commercial Banking market executive for Colorado.
  • nFusion Capital Provides $4 Million Factoring Financing to Support Company Revival
    June 5, 2025
    Established in 2003, the Northeastern United States-based Company provides structural steel/precast concrete erection, reinforcing bars, rigging, crane services, and equipment rentals used in the construction industry.
  • Synergy CHC Announces New $20 Million Long-Term Credit Facility
    June 5, 2025
    Synergy CHC Corp. (NASDAQ: SNYR) (“Synergy” or the “Company”), a provider of consumer health care and lifestyle products, announced today that it has entered into a $20 million term loan credit agreement, due May 2029 with ACP Agency, LLC.
  • Dan Gioia Joins Asset Based Lending Originations at Webster Bank
    June 4, 2025
    Webster Bank is pleased to announce Dan Gioia has joined the bank’s Asset Based Lending (ABL) division as Senior Managing Director, Third Party and Large Corporate ABL Origination. He will report to David Viggiano, SMD National Sales Leader ABL at Webster. Based in New York, NY, Dan will cover the ABL syndicated market across the U.S.
  • Phoenix Management, a Part of J.S. Held, Lending Survey Results Reveal Recent and Dramatic Concern Due to Tariff Policy
    June 4, 2025
    Global consulting firm J.S. Held releases its proprietary “Lending Climate in America” survey results from Phoenix Management, a part of J.S. Held. The second quarter survey results highlight lenders’ views on important issues, including policy decisions along with their national and global impact.
  • FGI Tech Appoints Jennifer Zimmerman to Lead TRUST™ Client Success Team
    June 4, 2025
    FGI Worldwide LLC (“FGI”), a global leader in the commercial finance industry, has announced the hiring of Jennifer Zimmerman as Director of Client Onboarding and Success, FGI Tech. Ms. Zimmerman will lead worldwide client success efforts for TRUST™, FGI Tech’s credit insurance management software.
  • NeuroPace Secures Up to $75 Million in Debt Financing from MidCap Financial
    June 4, 2025
    NeuroPace, Inc. (Nasdaq: NPCE), a medical device company focused on transforming the lives of people living with epilepsy, today announced that the Company has entered into a new $75 million credit facility with MidCap Financial, consisting of a $60 million term loan and a $15 million revolving credit facility.
  • Voyager Closes $200 Million Credit Facility
    June 4, 2025
    Voyager Technologies Inc. (Voyager), a global leader in defense technology and space solutions, closed a $200 million syndicated credit facility led by J.P. Morgan. Net proceeds allow Voyager to continue to scale its defense, national security and space solutions businesses in support of customer demand.
  • CoreVision Strategies Enters a New Era
    June 4, 2025
    CoreVision Strategies LLC, a premier provider of comprehensive risk management and due diligence services, today announced that Kennedy Capin, a respected leader and former lender in the asset-based lending (ABL) industry, is acquiring the company.
  • Second Avenue Capital Partners Announces Leadership Promotions; Founding Team Expands Roles
    June 4, 2025
    Second Avenue Capital Partners (SACP), the specialty finance affiliate of SB360 Holdings, today announced a leadership transition as Chris O’Connor, President of SACP, retired effective May 31, 2025. Chris’s leadership was key to the firm’s success and in establishing its strong relationships across the client and lending community.
  • Equify Business Funding Announces $6,000,000 in New Senior Credit Facilities for Distributor and Manufacturer
    June 4, 2025
    Equify Business Funding is pleased to announce the funding of two new working capital relationships: a $5,000,000 asset-based credit facility to a thermal and metallurgical coal distributor based in the Appalachian region and a $1,000,000 factoring facility to a Texas-based component manufacturer for the oilfield industry.
  • Equify Business Funding Announces $6,000,000 in New Senior Credit Facilities for Distributor and Manufacturer
    June 4, 2025
    Equify Business Funding is pleased to announce the funding of two new working capital relationships: a $5,000,000 asset-based credit facility to a thermal and metallurgical coal distributor based in the Appalachian region and a $1,000,000 factoring facility to a Texas-based component manufacturer for the oilfield industry.
  • Triumph Launches Unified Brand
    June 4, 2025
    Triumph Financial, Inc. (Nasdaq: TFIN) today announced the launch of its evolved brand identity and tagline, Triumph. The move brings together its transportation-focused segments — TriumphPay, Triumph Factoring, ISO and Triumph Financial — under a single brand name. It simplifies how customers engage with the company and delivers on Triumph’s mission to help brokers, carriers, shippers and factors transact confidently.
  • Attorneys From South Florida-Based Saavedra Goodwin Join New York Law Firm Moritt Hock & Hamroff
    June 4, 2025
    Moritt Hock & Hamroff, a New York-based commercial law firm, today expanded their capabilities in South Florida when the attorneys from Saavedra Goodwin, a Fort Lauderdale-based boutique law firm focused on business litigation, real estate, and corporate law joined the firm.
  • US Capital Global Facilitates $50MM Financing to Accelerate Charbone Hydrogen’s North American Expansion
    June 4, 2025
    US Capital Global Securities LLC, the SEC-registered broker-dealer division of the global private financial group US Capital Global, is pleased to announce that it has acted as lead advisor and facilitator on a project finance facility of up to $50 million for Charbone Hydrogen Corporation (TSXV: CH; OTCQB: CHHYF; FSE: K47) (“Charbone”).
  • HostPapa, Inc. Announces Closing of USD $130 Million Senior Secured Credit Facility Led by BMO to Accelerate Innovation and Acquisition Strategy
    June 4, 2025
    HostPapa has closed a new $130 million syndicated senior secured credit facility led by Bank of Montreal, with participation from major financial institutions including TD, RBC, Citibank, and the Business Development Bank of Canada. This facility replaces HostPapa's previous credit line and includes an option for additional expansion capital.
  • H.I.G. Capital Expands Its European Middle Market Private Equity Team with the Addition of Antonin Marcus
    June 4, 2025
    H.I.G. Capital ("H.I.G." or the "Firm"), a leading global alternative investment firm with $70 billion of capital under management, is pleased to announce today that Antonin Marcus has joined the Firm as a Managing Director on H.I.G.'s Middle Market Private Equity team in France.
  • Elevex Capital Secures Credit Facilities with Wells Fargo and Woodforest Bank to Accelerate Growth
    June 4, 2025
    Elevex Capital, LLC ("Elevex" or the "Company"), an independent commercial equipment finance company, today announced it has secured two distinct credit facilities from premier lending partners Wells Fargo and Woodforest National Bank. The capital unlocks Elevex's ability to execute on its robust pipeline of lending opportunities and positions the Company for its next phase of growth.
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  • Backblaze Further Strengthens Financial Position With New Credit Facility
    June 5, 2025
    Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, today announced the successful closing of a senior secured revolving credit facility in an aggregate principal amount of up to $20.0 million (the “Credit Facility”), of which an aggregate amount of up to $3.0 million will be available through a letter of credit sub facility, with Citizens Bank, N.A. (“Citizens”).
  • Vera Therapeutics Announces Refinancing of Existing Oxford Debt Facility, Providing up to $500 Million of Term Loans
    June 5, 2025
    Vera Therapeutics, Inc. (“Vera”), a late clinical-stage biotechnology company focused on developing and commercializing transformative treatments for patients with serious immunological diseases, today announced that it has entered into a new credit facility providing for up to $500 million of term loans with its current partner Oxford Finance LLC.
  • BofA Names Gabby Hodgson President of Colorado
    June 5, 2025
    Bank of America has named Gabby Hodgson, Merrill market executive, as president of Bank of America Colorado. She succeeds Raju Patel who led the market for the past six years and continues as Global Commercial Banking market executive for Colorado.
  • nFusion Capital Provides $4 Million Factoring Financing to Support Company Revival
    June 5, 2025
    Established in 2003, the Northeastern United States-based Company provides structural steel/precast concrete erection, reinforcing bars, rigging, crane services, and equipment rentals used in the construction industry.
  • Synergy CHC Announces New $20 Million Long-Term Credit Facility
    June 5, 2025
    Synergy CHC Corp. (NASDAQ: SNYR) (“Synergy” or the “Company”), a provider of consumer health care and lifestyle products, announced today that it has entered into a $20 million term loan credit agreement, due May 2029 with ACP Agency, LLC.
  • Dan Gioia Joins Asset Based Lending Originations at Webster Bank
    June 4, 2025
    Webster Bank is pleased to announce Dan Gioia has joined the bank’s Asset Based Lending (ABL) division as Senior Managing Director, Third Party and Large Corporate ABL Origination. He will report to David Viggiano, SMD National Sales Leader ABL at Webster. Based in New York, NY, Dan will cover the ABL syndicated market across the U.S.
  • Phoenix Management, a Part of J.S. Held, Lending Survey Results Reveal Recent and Dramatic Concern Due to Tariff Policy
    June 4, 2025
    Global consulting firm J.S. Held releases its proprietary “Lending Climate in America” survey results from Phoenix Management, a part of J.S. Held. The second quarter survey results highlight lenders’ views on important issues, including policy decisions along with their national and global impact.
  • FGI Tech Appoints Jennifer Zimmerman to Lead TRUST™ Client Success Team
    June 4, 2025
    FGI Worldwide LLC (“FGI”), a global leader in the commercial finance industry, has announced the hiring of Jennifer Zimmerman as Director of Client Onboarding and Success, FGI Tech. Ms. Zimmerman will lead worldwide client success efforts for TRUST™, FGI Tech’s credit insurance management software.
  • NeuroPace Secures Up to $75 Million in Debt Financing from MidCap Financial
    June 4, 2025
    NeuroPace, Inc. (Nasdaq: NPCE), a medical device company focused on transforming the lives of people living with epilepsy, today announced that the Company has entered into a new $75 million credit facility with MidCap Financial, consisting of a $60 million term loan and a $15 million revolving credit facility.
  • Voyager Closes $200 Million Credit Facility
    June 4, 2025
    Voyager Technologies Inc. (Voyager), a global leader in defense technology and space solutions, closed a $200 million syndicated credit facility led by J.P. Morgan. Net proceeds allow Voyager to continue to scale its defense, national security and space solutions businesses in support of customer demand.
  • CoreVision Strategies Enters a New Era
    June 4, 2025
    CoreVision Strategies LLC, a premier provider of comprehensive risk management and due diligence services, today announced that Kennedy Capin, a respected leader and former lender in the asset-based lending (ABL) industry, is acquiring the company.
  • Second Avenue Capital Partners Announces Leadership Promotions; Founding Team Expands Roles
    June 4, 2025
    Second Avenue Capital Partners (SACP), the specialty finance affiliate of SB360 Holdings, today announced a leadership transition as Chris O’Connor, President of SACP, retired effective May 31, 2025. Chris’s leadership was key to the firm’s success and in establishing its strong relationships across the client and lending community.
  • Equify Business Funding Announces $6,000,000 in New Senior Credit Facilities for Distributor and Manufacturer
    June 4, 2025
    Equify Business Funding is pleased to announce the funding of two new working capital relationships: a $5,000,000 asset-based credit facility to a thermal and metallurgical coal distributor based in the Appalachian region and a $1,000,000 factoring facility to a Texas-based component manufacturer for the oilfield industry.
  • Equify Business Funding Announces $6,000,000 in New Senior Credit Facilities for Distributor and Manufacturer
    June 4, 2025
    Equify Business Funding is pleased to announce the funding of two new working capital relationships: a $5,000,000 asset-based credit facility to a thermal and metallurgical coal distributor based in the Appalachian region and a $1,000,000 factoring facility to a Texas-based component manufacturer for the oilfield industry.
  • Triumph Launches Unified Brand
    June 4, 2025
    Triumph Financial, Inc. (Nasdaq: TFIN) today announced the launch of its evolved brand identity and tagline, Triumph. The move brings together its transportation-focused segments — TriumphPay, Triumph Factoring, ISO and Triumph Financial — under a single brand name. It simplifies how customers engage with the company and delivers on Triumph’s mission to help brokers, carriers, shippers and factors transact confidently.
  • Attorneys From South Florida-Based Saavedra Goodwin Join New York Law Firm Moritt Hock & Hamroff
    June 4, 2025
    Moritt Hock & Hamroff, a New York-based commercial law firm, today expanded their capabilities in South Florida when the attorneys from Saavedra Goodwin, a Fort Lauderdale-based boutique law firm focused on business litigation, real estate, and corporate law joined the firm.
  • US Capital Global Facilitates $50MM Financing to Accelerate Charbone Hydrogen’s North American Expansion
    June 4, 2025
    US Capital Global Securities LLC, the SEC-registered broker-dealer division of the global private financial group US Capital Global, is pleased to announce that it has acted as lead advisor and facilitator on a project finance facility of up to $50 million for Charbone Hydrogen Corporation (TSXV: CH; OTCQB: CHHYF; FSE: K47) (“Charbone”).
  • HostPapa, Inc. Announces Closing of USD $130 Million Senior Secured Credit Facility Led by BMO to Accelerate Innovation and Acquisition Strategy
    June 4, 2025
    HostPapa has closed a new $130 million syndicated senior secured credit facility led by Bank of Montreal, with participation from major financial institutions including TD, RBC, Citibank, and the Business Development Bank of Canada. This facility replaces HostPapa's previous credit line and includes an option for additional expansion capital.
  • H.I.G. Capital Expands Its European Middle Market Private Equity Team with the Addition of Antonin Marcus
    June 4, 2025
    H.I.G. Capital ("H.I.G." or the "Firm"), a leading global alternative investment firm with $70 billion of capital under management, is pleased to announce today that Antonin Marcus has joined the Firm as a Managing Director on H.I.G.'s Middle Market Private Equity team in France.
  • Elevex Capital Secures Credit Facilities with Wells Fargo and Woodforest Bank to Accelerate Growth
    June 4, 2025
    Elevex Capital, LLC ("Elevex" or the "Company"), an independent commercial equipment finance company, today announced it has secured two distinct credit facilities from premier lending partners Wells Fargo and Woodforest National Bank. The capital unlocks Elevex's ability to execute on its robust pipeline of lending opportunities and positions the Company for its next phase of growth.
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  • 122 (current)
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