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Home > Chapters > Canada > News Detail
  • Cloud Capital Funding Successfully Funds a $2,000,000 Factoring Facility To A WBE DOD Medical Supplies Company
    April 16, 2025
    Cloud Capital Funding, a trusted leader in providing Factoring, Purchase Order Funding and Supply Chain Finance solutions to businesses, has funded a $2,000,000 purchase order funding and accounts receivable factoring facility to a Florida-based Defense Department Medical Supplies company.
  • Lafayette Square Provides Financing to Support Maxwell Street Capital Partners’ Investment in Port Jersey Logistics
    April 16, 2025
    ​Lafayette Square announced today that it has provided a credit facility to support Maxwell Street Capital Partners’ (“Maxwell Street”) investment in Port Jersey Logistics (“Port Jersey”), a leading provider of integrated temperature-controlled logistics solutions to the food and beverage industry.
  • Pathlight Capital Agents $210,000,000 Senior Secured Credit Facility for Spring Venture Group, LLC
    April 16, 2025
    Pathlight Capital LP ("Pathlight" or "Pathlight Capital") announced it is serving as the Administrative Agent on a $210,000,000 senior secured credit facility for Spring Venture Group, LLC ("SVG", or the "Company"), one of the fastest growing omnichannel distributors of Medicare Advantage, and leading Medicare Supplement distributors.
  • B. Riley Securities Strengthens its Technology, Media and Telecommunications Team with Three Senior Hires
    April 16, 2025
    B. Riley Securities Holdings, Inc. ("B. Riley Securities," "BRS" or the "Company"), a leading middle market investment bank, continues to strengthen its platform with key hires across its TMT investment banking and research practice.
  • SFNet Southern California President Announcement
    April 16, 2025
    I wanted to reach out to everyone in hopes that you made it safely though the horrible Los Angeles fires. January was definitely the time for hugging friends and family and being there for your loved ones.
  • 2025 Key Sponsor Highlight: SierraConstellation Partners LLC (SCP)
    April 16, 2025
    SierraConstellation Partners LLC (SCP) is an interim management and advisory firm with a presence in Boston, Chicago, Dallas, Florida, Los Angeles, New York, and Seattle.
  • SFNet New Member Spotlight: scalABLe
    April 15, 2025
    scalABLe is a no-code asset-based lending software platform that accelerates lender growth with tailored efficiency, customization, and data transparency. Built by users for users, we solve the industry’s biggest pain points by enabling lenders to handle more borrower relationships while delivering real-time insights and a fully customizable experience—no coding knowledge required.
  • U.S. Energy Development Corporation Expands Permian Footprint Acquiring $390 Million Asset and Announces Upsized Credit Facility
    April 15, 2025
    U.S. Energy Development Corporation (USEDC), a Fort Worth-based exploration and production company focused on developing oil and gas projects for itself and its partners, has acquired ~20,000 net acres in Reeves and Ward Counties, Texas.
  • Vaquero Midstream Secures $400 Million Credit Facility For Specific Growth and System Expansion Projects
    April 15, 2025
    Vaquero Midstream, a natural gas gathering and processing midstream company operating in the Delaware Basin, closed on an expanded $400 million credit facility led by BOK Financial®.
  • Gibraltar Business Capital Adds Two ABL Veterans to Its Sales Team
    April 15, 2025
    Gibraltar Business Capital is excited to share that it has strengthened its commitment to providing asset-based loans to middle-market companies by adding two industry veterans to its sales team.
  • nFusion Capital Provides $500,000 Accounts Receivable Financing to Drive IT Staffing Company Growth
    April 15, 2025
    nFusion Capital recently provided a $500,000 Factoring Facility to an information technology staffing Company based in Michigan specializing in the temporary and permanent placement of engineers for the automotive industry.
  • Late-Model Battery Manufacturing Equipment Goes to Auction on April 29
    April 15, 2025
    An online auction by Tiger Group on April 29 features equipment from the advanced operations of a California battery manufacturer. Originally acquired for approximately $6 million, the 74 lots of machinery and equipment on offer are excess to the manufacturer’s ongoing operations; many pieces are unused.
  • CIBC Welcomes New Business Development Officer to US Asset-Based Lending Team
    April 15, 2025
    CIBC today announced the addition of Ben Colley as Managing Director, Business Development Officer in its Asset-Based Lending (ABL) team. With over 12 years of asset-based lending experience in both originations and underwriting, he will lead new deal originations across the Southeast region which includes Georgia, the Carolinas, Florida, Tennessee, Alabama, Mississippi and Arkansas.
  • Rosenthal Closes Five Equipment Financing Transactions Totaling $10 Million
    April 15, 2025
    Rosenthal & Rosenthal, Inc., the leading private commercial finance firm in the United States, today announced the completion of five equipment financing deals totaling $10 million in the first quarter of 2025.
  • Citizens Financial Group Announces Azra Pravdic as Head of Enterprise Strategy
    April 15, 2025
    Citizens Financial Group, Inc. (NYSE: CFG) today announced that Azra Pravdic has been named head of Enterprise Strategy, effective May 12. Azra will report to John Woods, Vice Chair and Chief Financial Officer, and to Bruce Van Saun, Chairman and Chief Executive Officer.
  • Tapcheck Raises $225 Million in Equity and Debt Funding to Redefine Payday for America’s Workforce
    April 15, 2025
    Tapcheck, a leading on-demand pay provider, today announced it has raised $225 million in combined equity and debt financing. This latest funding includes a $25 million Series A extension round led by existing investor, PeakSpan Capital, and a $200 million credit facility provided by Victory Park Capital.
  • MUFG Announces $75.0 Million Financing for Sun Country Airlines
    April 15, 2025
    Mitsubishi UFJ Financial Group (MUFG), a global leader in financial services, is pleased to announce the closing of a USD 75 million senior secured revolving credit facility (“RCF”) for Sun Country Airlines, Inc. (“Sun Country”). MUFG acted as Sole Structuring Agent and a Joint Lead Arranger with a USD 37.5 million commitment. Sumitomo Mitsui Banking Corporation, acting as the other Joint Lead Arranger, provided the additional USD 37.5 million commitment.
  • Archtop Fiber Secures Nearly $200 Million in New Capital to Accelerate Market Expansion in the Northeast
    April 15, 2025
    Archtop Fiber ("Archtop" or "the Company"), a provider of multi-gig, 100%-fiber Internet and phone service to residential and business customers across the Northeast, has successfully closed on a new credit facility agented and led by Chicago-based, Monroe Capital ("Monroe").
  • BizCap® Arranges $175MM to Accelerate Growth for Oil & Gas Infrastructure and Utility Services Leader
    April 15, 2025
    BizCap®, a national commercial finance and advisory firm, today announced that it has successfully facilitated a $175 million financing package for a leading integrated services provider to the electric utility and oil and gas industries in North America and U.S. territories.
  • 2025 Key Sponsor Highlight: Paladin
    April 15, 2025
    Paladin is a middle-market advisory firm driving value creation through financial and operational consulting services. Our team of expert consultants, from a range of disciplines, unites with our clients to deliver tailored solutions that yield tangible and lasting results.
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  • Cloud Capital Funding Successfully Funds a $2,000,000 Factoring Facility To A WBE DOD Medical Supplies Company
    April 16, 2025
    Cloud Capital Funding, a trusted leader in providing Factoring, Purchase Order Funding and Supply Chain Finance solutions to businesses, has funded a $2,000,000 purchase order funding and accounts receivable factoring facility to a Florida-based Defense Department Medical Supplies company.
  • Lafayette Square Provides Financing to Support Maxwell Street Capital Partners’ Investment in Port Jersey Logistics
    April 16, 2025
    ​Lafayette Square announced today that it has provided a credit facility to support Maxwell Street Capital Partners’ (“Maxwell Street”) investment in Port Jersey Logistics (“Port Jersey”), a leading provider of integrated temperature-controlled logistics solutions to the food and beverage industry.
  • Pathlight Capital Agents $210,000,000 Senior Secured Credit Facility for Spring Venture Group, LLC
    April 16, 2025
    Pathlight Capital LP ("Pathlight" or "Pathlight Capital") announced it is serving as the Administrative Agent on a $210,000,000 senior secured credit facility for Spring Venture Group, LLC ("SVG", or the "Company"), one of the fastest growing omnichannel distributors of Medicare Advantage, and leading Medicare Supplement distributors.
  • B. Riley Securities Strengthens its Technology, Media and Telecommunications Team with Three Senior Hires
    April 16, 2025
    B. Riley Securities Holdings, Inc. ("B. Riley Securities," "BRS" or the "Company"), a leading middle market investment bank, continues to strengthen its platform with key hires across its TMT investment banking and research practice.
  • SFNet Southern California President Announcement
    April 16, 2025
    I wanted to reach out to everyone in hopes that you made it safely though the horrible Los Angeles fires. January was definitely the time for hugging friends and family and being there for your loved ones.
  • 2025 Key Sponsor Highlight: SierraConstellation Partners LLC (SCP)
    April 16, 2025
    SierraConstellation Partners LLC (SCP) is an interim management and advisory firm with a presence in Boston, Chicago, Dallas, Florida, Los Angeles, New York, and Seattle.
  • SFNet New Member Spotlight: scalABLe
    April 15, 2025
    scalABLe is a no-code asset-based lending software platform that accelerates lender growth with tailored efficiency, customization, and data transparency. Built by users for users, we solve the industry’s biggest pain points by enabling lenders to handle more borrower relationships while delivering real-time insights and a fully customizable experience—no coding knowledge required.
  • U.S. Energy Development Corporation Expands Permian Footprint Acquiring $390 Million Asset and Announces Upsized Credit Facility
    April 15, 2025
    U.S. Energy Development Corporation (USEDC), a Fort Worth-based exploration and production company focused on developing oil and gas projects for itself and its partners, has acquired ~20,000 net acres in Reeves and Ward Counties, Texas.
  • Vaquero Midstream Secures $400 Million Credit Facility For Specific Growth and System Expansion Projects
    April 15, 2025
    Vaquero Midstream, a natural gas gathering and processing midstream company operating in the Delaware Basin, closed on an expanded $400 million credit facility led by BOK Financial®.
  • Gibraltar Business Capital Adds Two ABL Veterans to Its Sales Team
    April 15, 2025
    Gibraltar Business Capital is excited to share that it has strengthened its commitment to providing asset-based loans to middle-market companies by adding two industry veterans to its sales team.
  • nFusion Capital Provides $500,000 Accounts Receivable Financing to Drive IT Staffing Company Growth
    April 15, 2025
    nFusion Capital recently provided a $500,000 Factoring Facility to an information technology staffing Company based in Michigan specializing in the temporary and permanent placement of engineers for the automotive industry.
  • Late-Model Battery Manufacturing Equipment Goes to Auction on April 29
    April 15, 2025
    An online auction by Tiger Group on April 29 features equipment from the advanced operations of a California battery manufacturer. Originally acquired for approximately $6 million, the 74 lots of machinery and equipment on offer are excess to the manufacturer’s ongoing operations; many pieces are unused.
  • CIBC Welcomes New Business Development Officer to US Asset-Based Lending Team
    April 15, 2025
    CIBC today announced the addition of Ben Colley as Managing Director, Business Development Officer in its Asset-Based Lending (ABL) team. With over 12 years of asset-based lending experience in both originations and underwriting, he will lead new deal originations across the Southeast region which includes Georgia, the Carolinas, Florida, Tennessee, Alabama, Mississippi and Arkansas.
  • Rosenthal Closes Five Equipment Financing Transactions Totaling $10 Million
    April 15, 2025
    Rosenthal & Rosenthal, Inc., the leading private commercial finance firm in the United States, today announced the completion of five equipment financing deals totaling $10 million in the first quarter of 2025.
  • Citizens Financial Group Announces Azra Pravdic as Head of Enterprise Strategy
    April 15, 2025
    Citizens Financial Group, Inc. (NYSE: CFG) today announced that Azra Pravdic has been named head of Enterprise Strategy, effective May 12. Azra will report to John Woods, Vice Chair and Chief Financial Officer, and to Bruce Van Saun, Chairman and Chief Executive Officer.
  • Tapcheck Raises $225 Million in Equity and Debt Funding to Redefine Payday for America’s Workforce
    April 15, 2025
    Tapcheck, a leading on-demand pay provider, today announced it has raised $225 million in combined equity and debt financing. This latest funding includes a $25 million Series A extension round led by existing investor, PeakSpan Capital, and a $200 million credit facility provided by Victory Park Capital.
  • MUFG Announces $75.0 Million Financing for Sun Country Airlines
    April 15, 2025
    Mitsubishi UFJ Financial Group (MUFG), a global leader in financial services, is pleased to announce the closing of a USD 75 million senior secured revolving credit facility (“RCF”) for Sun Country Airlines, Inc. (“Sun Country”). MUFG acted as Sole Structuring Agent and a Joint Lead Arranger with a USD 37.5 million commitment. Sumitomo Mitsui Banking Corporation, acting as the other Joint Lead Arranger, provided the additional USD 37.5 million commitment.
  • Archtop Fiber Secures Nearly $200 Million in New Capital to Accelerate Market Expansion in the Northeast
    April 15, 2025
    Archtop Fiber ("Archtop" or "the Company"), a provider of multi-gig, 100%-fiber Internet and phone service to residential and business customers across the Northeast, has successfully closed on a new credit facility agented and led by Chicago-based, Monroe Capital ("Monroe").
  • BizCap® Arranges $175MM to Accelerate Growth for Oil & Gas Infrastructure and Utility Services Leader
    April 15, 2025
    BizCap®, a national commercial finance and advisory firm, today announced that it has successfully facilitated a $175 million financing package for a leading integrated services provider to the electric utility and oil and gas industries in North America and U.S. territories.
  • 2025 Key Sponsor Highlight: Paladin
    April 15, 2025
    Paladin is a middle-market advisory firm driving value creation through financial and operational consulting services. Our team of expert consultants, from a range of disciplines, unites with our clients to deliver tailored solutions that yield tangible and lasting results.
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