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Home > Chapters > Canada > News Detail
  • Amerisource Business Capital Announces $3,500,000 Senior Credit Facility for Manufacturer and Distributor
    May 7, 2025
    Amerisource Business Capital is pleased to announce the successful closing and funding of a $3,500,000 working capital facility for a Minnesota-based manufacturer and distributor specializing in architectural extrusion systems, rolling door products, and mirrors. This facility will support the company’s rapid growth and ongoing working capital requirements.
  • Bill Fasel, Financial and Strategic Advisory Veteran, Joins J.S. Held
    May 7, 2025
    Global Consulting Company J.S. Held proudly welcomes Bill Fasel to a team of more than 1,500 financial, technical, scientific, and strategic experts. Bill Fasel has 30 years of experience in financial and strategic advisory services, assisting multinational and middle-market clients with turnaround, restructuring, business transformation, investment banking, and strategic advisory matters.
  • SFNet New Member Spotlight: Frost Brown Todd LLP
    May 6, 2025
    Frost Brown Todd is a national law firm with more than 600 attorneys. Our finance attorneys are market leading advisors in ABL transactions across multiple industries, representing senior secured agents and lenders, as well as borrowers in a variety of complex syndicated and bilateral transactions. We provide thoughtful insights and analysis in all stages of the transaction.
  • Capstone Copper Increases Revolving Credit Facility and Extends Maturity to May 2029
    May 6, 2025
    Capstone Copper Corp. (“Capstone” or the “Company”) (TSX:CS) (ASX; CSC) is pleased to announce that it has amended its existing revolving credit facility (the “Amended Credit Facility”) and extended the maturity from September 2027 to May 2029. The Amended Credit Facility will bear interest on a sliding scale of adjusted term SOFR plus a margin of 1.75% to 2.75%.
  • CoreWeave Expands Credit Facility to $1.5 Billion to Support Continued Growth
    May 6, 2025
    CoreWeave, Inc. (Nasdaq: CRWV), the AI Hyperscaler™, today announced that it entered into an agreement with JPMorgan Chase Bank, Goldman Sachs, Morgan Stanley and MUFG, with participation from Credit Agricole, Deutsche Bank, Societe Generale, Sumitomo Mitsui Banking Corporation and Wells Fargo, to, among other things, increase the company's revolving credit facility from $650 million to $1.5 billion and extend the maturity date.
  • SG Credit Partners Announces A Senior Debt Investment in Plastic Injection Molding Manufacturer
    May 6, 2025
    SG Credit Partners, through its Commercial Finance division, is pleased to announce a senior debt investment in a vertically integrated, specialized, plastic injection molding contract manufacturing platform. The senior debt investment refinances an existing bank facility to provide enhanced liquidity and covenant flexibility in support of the company’s growth initiatives.
  • Brian Fahrney Begins Tenure as Sidley's Executive Committee Chair
    May 6, 2025
    ​Sidley is pleased to announce that Brian Fahrney has begun his tenure as the firm’s Executive Committee Chair, and that he will continue serving on Sidley’s Management Committee. Mr. Fahrney succeeds Michael Schmidtberger, who had served as Chair of the committee since January 2018, and will remain a partner in the firm’s market-leading Investment Funds practice.
  • Jones Day Advises Wabtec in $2.725 Billion Credit Facility Refinancing and Expansion
    May 6, 2025
    Jones Day represented Wabtec Corporation in connection with the refinancing and amendment and restatement of its existing delayed draw term and revolving credit facility that also refinances its separate existing $225 million term loan facility.
  • Clifford Chance Expands US Tax Practice with Executive Compensation Partner Reuven Falik in New York
    May 6, 2025
    Clifford Chance has hired Reuven Falik as a partner in the firm's US Tax, Pensions and Employment (TPE) group, strengthening its domestic executive compensation offering. Falik will also serve as Co-Chair of the US Executive Compensation practice alongside senior counsel Howard Adler.
  • Counsel Wagma Gharwal Joins Faegre Drinker’s Corporate Trust Team in Minneapolis
    May 6, 2025
    Faegre Drinker announced today that Wagma Gharwal has joined the firm’s finance and restructuring group as counsel in the Minneapolis office. Gharwal joins from a payments and data company, where she served as director of contract strategy and management.
  • First Business Bank Announces 2026 CEO Succession Plan
    May 6, 2025
    First Business Financial Services, Inc. (the “Company”, the “Bank”, or “First Business Bank”) (Nasdaq:FBIZ) announced that Corey A. Chambas intends to retire from his role as Chief Executive Officer on May 2, 2026. The Company will name President and Chief Operating Officer David R. Seiler to succeed him as CEO effective the same date.
  • CSW Industrials Renews, Extends Revolving Credit Facility and Upsizes to $700 Million
    May 6, 2025
    CSW Industrials, Inc. (Nasdaq: CSWI) today announced the renewal and extension of its existing Revolving Credit Facility, including an increase of the Facility’s commitment from $500 million to $700 million in partnership with a group of nine banks. The renewed Revolving Credit Facility has a five-year term and now matures in May of 2030.
  • After Eight Decades, Rosenthal & Rosenthal Relaunches as Rosenthal Capital Group, Relocates New York Headquarters to Park Avenue
    May 6, 2025
    Rosenthal & Rosenthal, the leading private commercial finance firm in the United States, today announced that, going forward, the 87-year-old company will be doing business under a new moniker, Rosenthal Capital Group (RCG).
  • AFS Closes a $4MM AR & Inventory Revolver Facility for a Specialty Plant-Based Food Manufacturer
    May 5, 2025
    Austin Financial Services, Inc. (AFS) is pleased to announce the closing of a $4 million accounts receivable and inventory revolver facility for a specialty food manufacturer focused on plant-based food products.
  • Mitsubishi HC Capital America Unveils New Website to Enhance User Experience and Accessibility
    May 5, 2025
    Mitsubishi HC Capital America, the largest non-bank, non-captive finance provider in North America, is proud to announce the launch of its newly redesigned website, aimed at providing an improved and more intuitive user experience.
  • VSE Corporation Completes Refinancing of Term Loan and Revolver
    May 5, 2025
    VSE Corporation (“VSE” or the “Company”) (NASDAQ: VSEC), a leading provider of aviation aftermarket distribution and repair services, today announced the successful refinancing of its Term Loan A and Revolving Credit Facility.
  • J D Factors Provides $12,560,000 Million in New Factoring Facilities to 41 New Clients
    May 5, 2025
    J D Factors provided $12,560,000 in new factoring facilities to 41 new clients in the US and Canada during the month of April. Some of these facilities include: a $1,500,000 factoring facility for a petrochemical inspection company in Texas and a $450,000 factoring facility for a transportation company in South Carolina.
  • JPalmer Collective Provides $7 MM Working Capital Line of Credit to Children’s Furnishings and Toy Company
    May 5, 2025
    JPalmer Collective (JPC), an asset-based lending company committed to funding high-growth women-led and natural products companies, today announced the closing of a line of credit to a woman-owned, children’s furnishings and toy company. The company will use the funds to continue to innovate and expand its diverse line of parent-loved products
  • MidCap Financial Closes a $40 Million Senior Secured Credit Facility to Bedrock Manufacturing Company
    May 5, 2025
    MidCap Financial, a leading commercial finance company focused on middle market transactions, today announced it has provided a $40 million senior secured credit facility to Bedrock Manufacturing Company, LLC (“BMC” or the “Company”).
  • Generative AI at Cornell Brings Emerging Technology To Equipment Finance
    May 5, 2025
    In Spring 2025, members of Generative AI at Cornell partnered with QuickFi® to explore how generative AI could solve two growing operational challenges: the tedious manual verification of borrower insurance certificates, and the difficult and sometimes inconsistent background checking of vendors supplying equipment to borrowers.
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  • Amerisource Business Capital Announces $3,500,000 Senior Credit Facility for Manufacturer and Distributor
    May 7, 2025
    Amerisource Business Capital is pleased to announce the successful closing and funding of a $3,500,000 working capital facility for a Minnesota-based manufacturer and distributor specializing in architectural extrusion systems, rolling door products, and mirrors. This facility will support the company’s rapid growth and ongoing working capital requirements.
  • Bill Fasel, Financial and Strategic Advisory Veteran, Joins J.S. Held
    May 7, 2025
    Global Consulting Company J.S. Held proudly welcomes Bill Fasel to a team of more than 1,500 financial, technical, scientific, and strategic experts. Bill Fasel has 30 years of experience in financial and strategic advisory services, assisting multinational and middle-market clients with turnaround, restructuring, business transformation, investment banking, and strategic advisory matters.
  • SFNet New Member Spotlight: Frost Brown Todd LLP
    May 6, 2025
    Frost Brown Todd is a national law firm with more than 600 attorneys. Our finance attorneys are market leading advisors in ABL transactions across multiple industries, representing senior secured agents and lenders, as well as borrowers in a variety of complex syndicated and bilateral transactions. We provide thoughtful insights and analysis in all stages of the transaction.
  • Capstone Copper Increases Revolving Credit Facility and Extends Maturity to May 2029
    May 6, 2025
    Capstone Copper Corp. (“Capstone” or the “Company”) (TSX:CS) (ASX; CSC) is pleased to announce that it has amended its existing revolving credit facility (the “Amended Credit Facility”) and extended the maturity from September 2027 to May 2029. The Amended Credit Facility will bear interest on a sliding scale of adjusted term SOFR plus a margin of 1.75% to 2.75%.
  • CoreWeave Expands Credit Facility to $1.5 Billion to Support Continued Growth
    May 6, 2025
    CoreWeave, Inc. (Nasdaq: CRWV), the AI Hyperscaler™, today announced that it entered into an agreement with JPMorgan Chase Bank, Goldman Sachs, Morgan Stanley and MUFG, with participation from Credit Agricole, Deutsche Bank, Societe Generale, Sumitomo Mitsui Banking Corporation and Wells Fargo, to, among other things, increase the company's revolving credit facility from $650 million to $1.5 billion and extend the maturity date.
  • SG Credit Partners Announces A Senior Debt Investment in Plastic Injection Molding Manufacturer
    May 6, 2025
    SG Credit Partners, through its Commercial Finance division, is pleased to announce a senior debt investment in a vertically integrated, specialized, plastic injection molding contract manufacturing platform. The senior debt investment refinances an existing bank facility to provide enhanced liquidity and covenant flexibility in support of the company’s growth initiatives.
  • Brian Fahrney Begins Tenure as Sidley's Executive Committee Chair
    May 6, 2025
    ​Sidley is pleased to announce that Brian Fahrney has begun his tenure as the firm’s Executive Committee Chair, and that he will continue serving on Sidley’s Management Committee. Mr. Fahrney succeeds Michael Schmidtberger, who had served as Chair of the committee since January 2018, and will remain a partner in the firm’s market-leading Investment Funds practice.
  • Jones Day Advises Wabtec in $2.725 Billion Credit Facility Refinancing and Expansion
    May 6, 2025
    Jones Day represented Wabtec Corporation in connection with the refinancing and amendment and restatement of its existing delayed draw term and revolving credit facility that also refinances its separate existing $225 million term loan facility.
  • Clifford Chance Expands US Tax Practice with Executive Compensation Partner Reuven Falik in New York
    May 6, 2025
    Clifford Chance has hired Reuven Falik as a partner in the firm's US Tax, Pensions and Employment (TPE) group, strengthening its domestic executive compensation offering. Falik will also serve as Co-Chair of the US Executive Compensation practice alongside senior counsel Howard Adler.
  • Counsel Wagma Gharwal Joins Faegre Drinker’s Corporate Trust Team in Minneapolis
    May 6, 2025
    Faegre Drinker announced today that Wagma Gharwal has joined the firm’s finance and restructuring group as counsel in the Minneapolis office. Gharwal joins from a payments and data company, where she served as director of contract strategy and management.
  • First Business Bank Announces 2026 CEO Succession Plan
    May 6, 2025
    First Business Financial Services, Inc. (the “Company”, the “Bank”, or “First Business Bank”) (Nasdaq:FBIZ) announced that Corey A. Chambas intends to retire from his role as Chief Executive Officer on May 2, 2026. The Company will name President and Chief Operating Officer David R. Seiler to succeed him as CEO effective the same date.
  • CSW Industrials Renews, Extends Revolving Credit Facility and Upsizes to $700 Million
    May 6, 2025
    CSW Industrials, Inc. (Nasdaq: CSWI) today announced the renewal and extension of its existing Revolving Credit Facility, including an increase of the Facility’s commitment from $500 million to $700 million in partnership with a group of nine banks. The renewed Revolving Credit Facility has a five-year term and now matures in May of 2030.
  • After Eight Decades, Rosenthal & Rosenthal Relaunches as Rosenthal Capital Group, Relocates New York Headquarters to Park Avenue
    May 6, 2025
    Rosenthal & Rosenthal, the leading private commercial finance firm in the United States, today announced that, going forward, the 87-year-old company will be doing business under a new moniker, Rosenthal Capital Group (RCG).
  • AFS Closes a $4MM AR & Inventory Revolver Facility for a Specialty Plant-Based Food Manufacturer
    May 5, 2025
    Austin Financial Services, Inc. (AFS) is pleased to announce the closing of a $4 million accounts receivable and inventory revolver facility for a specialty food manufacturer focused on plant-based food products.
  • Mitsubishi HC Capital America Unveils New Website to Enhance User Experience and Accessibility
    May 5, 2025
    Mitsubishi HC Capital America, the largest non-bank, non-captive finance provider in North America, is proud to announce the launch of its newly redesigned website, aimed at providing an improved and more intuitive user experience.
  • VSE Corporation Completes Refinancing of Term Loan and Revolver
    May 5, 2025
    VSE Corporation (“VSE” or the “Company”) (NASDAQ: VSEC), a leading provider of aviation aftermarket distribution and repair services, today announced the successful refinancing of its Term Loan A and Revolving Credit Facility.
  • J D Factors Provides $12,560,000 Million in New Factoring Facilities to 41 New Clients
    May 5, 2025
    J D Factors provided $12,560,000 in new factoring facilities to 41 new clients in the US and Canada during the month of April. Some of these facilities include: a $1,500,000 factoring facility for a petrochemical inspection company in Texas and a $450,000 factoring facility for a transportation company in South Carolina.
  • JPalmer Collective Provides $7 MM Working Capital Line of Credit to Children’s Furnishings and Toy Company
    May 5, 2025
    JPalmer Collective (JPC), an asset-based lending company committed to funding high-growth women-led and natural products companies, today announced the closing of a line of credit to a woman-owned, children’s furnishings and toy company. The company will use the funds to continue to innovate and expand its diverse line of parent-loved products
  • MidCap Financial Closes a $40 Million Senior Secured Credit Facility to Bedrock Manufacturing Company
    May 5, 2025
    MidCap Financial, a leading commercial finance company focused on middle market transactions, today announced it has provided a $40 million senior secured credit facility to Bedrock Manufacturing Company, LLC (“BMC” or the “Company”).
  • Generative AI at Cornell Brings Emerging Technology To Equipment Finance
    May 5, 2025
    In Spring 2025, members of Generative AI at Cornell partnered with QuickFi® to explore how generative AI could solve two growing operational challenges: the tedious manual verification of borrower insurance certificates, and the difficult and sometimes inconsistent background checking of vendors supplying equipment to borrowers.
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