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Home > Chapters > Canada > News Detail
  • Apricus Generation Secures $30 Million Development Financing Facility with Atlantic Union Bank
    March 25, 2025
    Apricus Generation, a rapidly growing holding company focused on building a national distributed solar and battery development and Independent Power Producer (IPP) platform, announced today the establishment of a new revolving $30 million credit facility with Atlantic Union Bank (AUB).
  • Triumph Financial Announces New Leadership Appointments
    March 25, 2025
    Triumph Financial, Inc. (Nasdaq: TFIN) today announced a series of key leadership appointments designed to strengthen its organizational structure and position the company for long-term growth and innovation in the transportation and financial services industry.
  • Haversine Funding Continues Team Expansion with the Addition of Jackie Snyder
    March 25, 2025
    Haversine Funding, a leading provider of lender finance funding solutions to factors and commercial lenders, is pleased to announce that Jacqueline (“Jackie”) Snyder has joined the team as Underwriter, Lender Finance. Snyder brings with her over ten years of experience in the factoring industry, having served as both an Underwriter and Compliance Auditor.
  • Bank Economists: Credit Conditions to Soften for Consumers and Small Businesses Amid Heightened Economic Uncertainty
    March 25, 2025
    Credit conditions are expected to weaken modestly over the next six months as businesses and consumers adopt a more cautious outlook amid heightened uncertainty, according to the American Bankers Association’s latest Credit Conditions Index released today.
  • First Bank Provides $13MM Line of Credit to a Building Supply Company
    March 25, 2025
    First Bank announced it has provided a $13 million working capital revolving line of credit to a building supply company servicing the tristate area located in Walden New York.
  • SLR Healthcare ABL Provides Financing to a Skilled Nursing Operator
    March 25, 2025
    SLR Healthcare ABL is pleased to announce that it has provided an $8 million asset-based revolving line of credit to a Midwest-based senior living operator (the “Company”). The Company operates and manages over thirty skilled nursing facilities across multiple states that specialize in skilled nursing, rehabilitation, and memory care as well as assisted living facilities.
  • Amerisource Business Capital Announces $7 Million Acquisition Facility for Equipment Service Provider
    March 25, 2025
    Amerisource Business Capital is pleased to announce the successful closing and funding of a $7,000,000 working capital/acquisition facility for a Texas-based equipment service provider to the oil and gas industry. The acquisition will triple the firm's size.
  • First Business Bank Funds $7.5 Million Factoring Facility For Outdoor Lighting Manufacturer
    March 25, 2025
    First Business Bank’s Accounts Receivable Financing group announces the funding of a $7.5 million factoring facility for a manufacturer of outdoor lighting products in the midst of a turnaround.
  • Cadence Bank Receives Regulatory Approvals for its Merger with FCB Financial Corp.
    March 25, 2025
    Cadence Bank (NYSE: CADE) announced it has received all regulatory approvals to complete its proposed merger with FCB Financial Corp., the bank holding company for First Chatham Bank, a Savannah, Georgia-based community bank.
  • Winston & Strawn Expands Leveraged Finance Group with Addition of Andrew Jacobs in New York
    March 25, 2025
    Winston & Strawn announced today the addition of Andrew Jacobs to the firm’s New York office. He joins the firm’s Transactions Department as a partner in the Finance Practice.
  • Attorney Alexander D. Schultheis Joins Cohn & Dussi as Senior Associate
    March 25, 2025
    Cohn & Dussi, a full-service law firm with its principal office in Boston, is pleased to welcome Alexander D. Schultheis to the firm as Senior Associate. Schultheis is a commercial attorney and litigator specializing in corporate law, financing, and real estate.
  • Monroe Capital Supports Fusion Capital Partners’ Acquisition of Tavoron Holdings, Inc.
    March 25, 2025
    Monroe Capital LLC announced it acted as administrative agent and joint lead arranger on the funding of a senior credit facility to support the acquisition of Tavoron Holdings, Inc. (“Tavoron”) by Fusion Capital Partners.
  • Mesirow Expands Alternative Credit Team with Three Strategic Hires
    March 25, 2025
    Mesirow, an independent, employee-owned financial services firm, is pleased to announce the expansion of its Alternative Credit team with three strategic hires. This growth reinforces Mesirow's commitment to providing institutional and high-net-worth investors with an increasing number of differentiated alternative investment offerings.
  • Torq Resources to Raise C$2 Million, Settle Debts and Extends Credit Facility
    March 24, 2025
    Torq Resources Inc. (TSXV:TORQ)(OTCQB:TRBMF) ("Torq" or the "Company") announces that it is undertaking a non-brokered private placement of 33.33 million equity units of the Company (the "Units") at an offering price of CAD$0.06 per Unit for gross proceeds to the Company of $2 million (the "Offering").
  • Yara Refinances Revolving Credit Facility With 11 Banks
    March 24, 2025
    Yara has signed a USD 1,400 million multicurrency revolving credit facility with a syndicate of 11 banks. The facility matures in March 2030, with options for extension until March 2032 on certain terms. The facility replaces an existing facility due to expire in July 2026.
  • InterNex Capital Announces $2.5 Million Facility to Electrical Maintenance Company
    March 24, 2025
    ​A long tenured and leading NYC based electrical maintenance company needed an innovative lender who possessed a deep knowledge of their industry and who could provide structural flexibility.
  • Versant Funds $3 Million Non-Recourse Factoring Facility to Housewares Designer & Distributor
    March 24, 2025
    Versant Funding LLC is pleased to announce it has funded a $3 million non-recourse factoring facility to a company which designs and distributes housewares through major grocery and retail channels.
  • Clarus Capital Closes $17 Million Loan Financing for Publicly Traded Energy Services Provider
    March 24, 2025
    Clarus Capital (“Clarus”) announced today the successful completion of a new $17 million loan facility for a publicly traded energy services provider. Funding proceeds will be used to acquire new storage equipment servicing a longstanding contract with one of the company’s key customers.
  • 23andMe Initiates Voluntary Chapter 11 Process to Maximize Stakeholder Value Through Court-Supervised Sale Process
    March 24, 2025
    23andMe Holding Co. (“23andMe” or the “Company”) (Nasdaq: ME), a leading human genetics and biotechnology company, today announced that it has initiated voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the Eastern District of Missouri (the “Court”) to facilitate a sale process to maximize the value of its business.
  • KeyBank's Commitment to Building Relationships with Small and Middle Market Businesses Wins 12 National and Regional Best Bank Awards from Coalition Greenwich
    March 24, 2025
    KeyBank (NYSE: KEY) is being recognized for its support of small and middle market business clients with twelve 2025 Best Bank Awards in middle market banking and small business. These awards reflect Key's sophisticated platform and depth of expertise for growth companies as well as its commitment to helping small businesses grow and run better.
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  • Apricus Generation Secures $30 Million Development Financing Facility with Atlantic Union Bank
    March 25, 2025
    Apricus Generation, a rapidly growing holding company focused on building a national distributed solar and battery development and Independent Power Producer (IPP) platform, announced today the establishment of a new revolving $30 million credit facility with Atlantic Union Bank (AUB).
  • Triumph Financial Announces New Leadership Appointments
    March 25, 2025
    Triumph Financial, Inc. (Nasdaq: TFIN) today announced a series of key leadership appointments designed to strengthen its organizational structure and position the company for long-term growth and innovation in the transportation and financial services industry.
  • Haversine Funding Continues Team Expansion with the Addition of Jackie Snyder
    March 25, 2025
    Haversine Funding, a leading provider of lender finance funding solutions to factors and commercial lenders, is pleased to announce that Jacqueline (“Jackie”) Snyder has joined the team as Underwriter, Lender Finance. Snyder brings with her over ten years of experience in the factoring industry, having served as both an Underwriter and Compliance Auditor.
  • Bank Economists: Credit Conditions to Soften for Consumers and Small Businesses Amid Heightened Economic Uncertainty
    March 25, 2025
    Credit conditions are expected to weaken modestly over the next six months as businesses and consumers adopt a more cautious outlook amid heightened uncertainty, according to the American Bankers Association’s latest Credit Conditions Index released today.
  • First Bank Provides $13MM Line of Credit to a Building Supply Company
    March 25, 2025
    First Bank announced it has provided a $13 million working capital revolving line of credit to a building supply company servicing the tristate area located in Walden New York.
  • SLR Healthcare ABL Provides Financing to a Skilled Nursing Operator
    March 25, 2025
    SLR Healthcare ABL is pleased to announce that it has provided an $8 million asset-based revolving line of credit to a Midwest-based senior living operator (the “Company”). The Company operates and manages over thirty skilled nursing facilities across multiple states that specialize in skilled nursing, rehabilitation, and memory care as well as assisted living facilities.
  • Amerisource Business Capital Announces $7 Million Acquisition Facility for Equipment Service Provider
    March 25, 2025
    Amerisource Business Capital is pleased to announce the successful closing and funding of a $7,000,000 working capital/acquisition facility for a Texas-based equipment service provider to the oil and gas industry. The acquisition will triple the firm's size.
  • First Business Bank Funds $7.5 Million Factoring Facility For Outdoor Lighting Manufacturer
    March 25, 2025
    First Business Bank’s Accounts Receivable Financing group announces the funding of a $7.5 million factoring facility for a manufacturer of outdoor lighting products in the midst of a turnaround.
  • Cadence Bank Receives Regulatory Approvals for its Merger with FCB Financial Corp.
    March 25, 2025
    Cadence Bank (NYSE: CADE) announced it has received all regulatory approvals to complete its proposed merger with FCB Financial Corp., the bank holding company for First Chatham Bank, a Savannah, Georgia-based community bank.
  • Winston & Strawn Expands Leveraged Finance Group with Addition of Andrew Jacobs in New York
    March 25, 2025
    Winston & Strawn announced today the addition of Andrew Jacobs to the firm’s New York office. He joins the firm’s Transactions Department as a partner in the Finance Practice.
  • Attorney Alexander D. Schultheis Joins Cohn & Dussi as Senior Associate
    March 25, 2025
    Cohn & Dussi, a full-service law firm with its principal office in Boston, is pleased to welcome Alexander D. Schultheis to the firm as Senior Associate. Schultheis is a commercial attorney and litigator specializing in corporate law, financing, and real estate.
  • Monroe Capital Supports Fusion Capital Partners’ Acquisition of Tavoron Holdings, Inc.
    March 25, 2025
    Monroe Capital LLC announced it acted as administrative agent and joint lead arranger on the funding of a senior credit facility to support the acquisition of Tavoron Holdings, Inc. (“Tavoron”) by Fusion Capital Partners.
  • Mesirow Expands Alternative Credit Team with Three Strategic Hires
    March 25, 2025
    Mesirow, an independent, employee-owned financial services firm, is pleased to announce the expansion of its Alternative Credit team with three strategic hires. This growth reinforces Mesirow's commitment to providing institutional and high-net-worth investors with an increasing number of differentiated alternative investment offerings.
  • Torq Resources to Raise C$2 Million, Settle Debts and Extends Credit Facility
    March 24, 2025
    Torq Resources Inc. (TSXV:TORQ)(OTCQB:TRBMF) ("Torq" or the "Company") announces that it is undertaking a non-brokered private placement of 33.33 million equity units of the Company (the "Units") at an offering price of CAD$0.06 per Unit for gross proceeds to the Company of $2 million (the "Offering").
  • Yara Refinances Revolving Credit Facility With 11 Banks
    March 24, 2025
    Yara has signed a USD 1,400 million multicurrency revolving credit facility with a syndicate of 11 banks. The facility matures in March 2030, with options for extension until March 2032 on certain terms. The facility replaces an existing facility due to expire in July 2026.
  • InterNex Capital Announces $2.5 Million Facility to Electrical Maintenance Company
    March 24, 2025
    ​A long tenured and leading NYC based electrical maintenance company needed an innovative lender who possessed a deep knowledge of their industry and who could provide structural flexibility.
  • Versant Funds $3 Million Non-Recourse Factoring Facility to Housewares Designer & Distributor
    March 24, 2025
    Versant Funding LLC is pleased to announce it has funded a $3 million non-recourse factoring facility to a company which designs and distributes housewares through major grocery and retail channels.
  • Clarus Capital Closes $17 Million Loan Financing for Publicly Traded Energy Services Provider
    March 24, 2025
    Clarus Capital (“Clarus”) announced today the successful completion of a new $17 million loan facility for a publicly traded energy services provider. Funding proceeds will be used to acquire new storage equipment servicing a longstanding contract with one of the company’s key customers.
  • 23andMe Initiates Voluntary Chapter 11 Process to Maximize Stakeholder Value Through Court-Supervised Sale Process
    March 24, 2025
    23andMe Holding Co. (“23andMe” or the “Company”) (Nasdaq: ME), a leading human genetics and biotechnology company, today announced that it has initiated voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the Eastern District of Missouri (the “Court”) to facilitate a sale process to maximize the value of its business.
  • KeyBank's Commitment to Building Relationships with Small and Middle Market Businesses Wins 12 National and Regional Best Bank Awards from Coalition Greenwich
    March 24, 2025
    KeyBank (NYSE: KEY) is being recognized for its support of small and middle market business clients with twelve 2025 Best Bank Awards in middle market banking and small business. These awards reflect Key's sophisticated platform and depth of expertise for growth companies as well as its commitment to helping small businesses grow and run better.
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