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Home > Chapters > Canada > News Detail
  • Transom Capital Adds Dana Goldstein to Lead Investor Relations and Marketing
    November 21, 2024
    Transom Capital Group (“Transom”) has named Dana Goldstein to the newly created position of Head of Investor Relations and Marketing, where she will play a critical role in deepening and expanding limited partner relationships, as well as strategic marketing initiatives for the firm and its portfolio, as part of Transom’s leadership team.
  • Cadence Bank Welcomes Brad Silcox as President of Asset Management & Trust Group
    November 21, 2024
    Cadence Bank (NYSE: CADE) today announced that Brad Silcox has joined the organization as executive vice president and president of asset management and trust.
  • Quinn Residences Announces the Expansion of its Revolving Credit Facility to $1 Billion
    November 21, 2024
    Quinn Residences ("Quinn" or the "Company"), a leading owner, operator, and developer of dedicated rental communities in the Southeastern United States, announced today the closing of an expansion of its existing revolving credit facility (the "Facility") led by JPMorgan Chase Bank.
  • SFNet New Member Spotlight: CB&S Bank
    November 20, 2024
    CB&S Business Capital is the asset-based commercial lending division and was recently formed in September 2024. It's a division of CB&S Bank which is a privately-owned commercial bank headquartered in Northern Alabama with approximately $2.6 billion in total assets.
  • Gray Television Makes Significant Progress on Debt Reduction and Replenishes Authorization for Additional Debt Reduction
    November 20, 2024
    Gray Television, Inc. (“Gray,” “Gray Media,” the “Company,” “we,” “us” or “our”) (NYSE: GTN) has completed a series of transactions that collectively reduced the Company’s principal amount of debt outstanding by $278 million since October 1, 2024, bringing the Company’s total principal debt reduction to $519 million since January 1, 2024.
  • First Citizens Bank Leads $125 Million Financing for New Day Healthcare
    November 20, 2024
    First Citizens Bank has announced that its Healthcare Finance division has closed a $125 million senior credit facility for New Day Healthcare, a market-leading provider of home-based services.
  • eCapital Welcomes Chris Huntington, SVP, Business Development Officer to its ABL Group ​
    November 20, 2024
    eCapital Corp. (“eCapital”), a leading tech-enabled finance provider specializing in tailored solutions for businesses across North America and the United Kingdom, has appointed Chris Huntington as SVP, Business Development Officer within its ABL Group.
  • Mitsubishi HC Capital America Enhances Best in Class Vendor Portal
    November 20, 2024
    Mitsubishi HC Capital America, the largest non-bank, non-captive finance provider in North America, is further demonstrating its commitment to the latest in technological innovation by announcing several key enhancements and improvements to Propel, its proprietary, best-in-class digital transaction and portfolio management system.
  • PPL Group Sells Structural Steel Fabrication Business as a Turn-Key Facility
    November 20, 2024
    PPL Group has engineered the sale of a Texas-based structural steel fabrication facility and equipment to a regional operator who will rehire employees and restart the business.
  • CohnReznick’s Sun Named a Top 25 Cybersecurity Consultant and Leader
    November 20, 2024
    CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that David Sun, Principal, Cybersecurity, has been named to The Consulting Report’s Top 25 Cybersecurity Consultants and Leaders of 2024 list.
  • Gateway Trade Funding Completes 17 Stretch Finance Transactions Totaling Almost $5,000,000
    November 20, 2024
    Gateway Trade Funding, a PO and Stretch Financing company, is pleased to announce that it has recently completed the following stretch finance transactions: a $300,000 facility to a US oil and gas equipment company selling to US corporations and $750,000 facility to a US supplier of laboratory solutions selling to US corporations.
  • High-Quality, Excess Gear Goes to Auction in Tiger Group AV Sale
    November 20, 2024
    Pro-grade audiovisual gear from Keslow Camera, one of North America’s leading production rental companies, is available on December 3 in an online auction by Tiger Group.
  • Audax Private Debt Provides Financing to Support Comvest Private Equity’s Acquisition of Riccobene Associates Family Dentistry
    November 20, 2024
    Audax Private Debt announced that, as Administrative Agent and Sole Lead Arranger, it provided a unitranche credit facility to support Comvest Private Equity’s majority investment in Riccobene Associates Family Dentistry (“Riccobene”), a dental service organization (DSO) based in Cary, North Carolina.
  • Addi Secures $100 Million Credit Facility from Victory Park Capital
    November 20, 2024
    Addi, the Colombia-based fintech platform for integrated payments, shopping and banking, announced today that it has secured a $100 million credit facility from Victory Park Capital (“VPC”), a leading global alternative investment firm specializing in private credit.
  • Comvest Credit Partners Invests $144 Million to Support the Recapitalization and Growth of Sportime Clubs
    November 20, 2024
    Comvest Credit Partners (“Comvest Credit”), a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it is acting as Administrative Agent on a $144 million senior secured credit facility (the “Financing”) for Sportime Clubs, LLC (“Sportime”), a leading operator of tennis and sports clubs in the New York tri-state area.
  • Squire Secures $35 Million in Debt Financing from Silicon Valley Bank
    November 20, 2024
    Silicon Valley Bank (SVB), a division of First Citizens Bank, today announced it has provided $35 million in debt financing to Squire Technologies Inc., a leading full-scale management and point of sale (POS) system that helps barbershop owners scale their businesses and increase clientele while also reducing the amount of time spent in back-office operations.
  • Chainlink Joins Banco Inter, Microsoft and 7Comm Consortium to Support Trade Finance use Case in Phase 2 of Drex Pilot
    November 19, 2024
    The Central Bank of Brazil (BCB) has selected Banco Inter alongside Microsoft Brazil, 7COMm and Chainlink to build a trade finance solution as part of the second phase of Brazil's DREX, Brazilian digital currency's pilot. The solution leverages blockchain technology and oracles to automate supply chain management and improve trade finance processes.
  • Linedata Launches Structured Finance Capability Strengthening Linedata Ekip360
    November 19, 2024
    Linedata (Euronext Paris: LIN), a global provider of asset management and credit technology, data, and services, announces the launch of its structured finance offering. Integrated with Linedata Ekip360, it simplifies the management of complex structured finance structures for investment banks and credit institutions.
  • Concord Serves as Exclusive Financial Advisor for $25MM Senior Debt Facility for ACMS Group
    November 19, 2024
    Concord Financial Advisors announced it served as the exclusive financial advisor $25 million senior debt facility for ACMS Group, a leader in the industrial gas and power generation industries.
  • CapitalPlus Supply Empowers Philadelphia Masonry Contractor with $560,000 Factoring Facility
    November 19, 2024
    CapitalPlus Financial Services is proud to announce its recent support of a Philadelphia-based masonry contractor with a $560,000 factoring facility. This funding provides critical working capital, enabling the contractor to take on larger, more profitable contracts that were previously out of reach due to restrictive financing options from traditional banks.
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  • Transom Capital Adds Dana Goldstein to Lead Investor Relations and Marketing
    November 21, 2024
    Transom Capital Group (“Transom”) has named Dana Goldstein to the newly created position of Head of Investor Relations and Marketing, where she will play a critical role in deepening and expanding limited partner relationships, as well as strategic marketing initiatives for the firm and its portfolio, as part of Transom’s leadership team.
  • Cadence Bank Welcomes Brad Silcox as President of Asset Management & Trust Group
    November 21, 2024
    Cadence Bank (NYSE: CADE) today announced that Brad Silcox has joined the organization as executive vice president and president of asset management and trust.
  • Quinn Residences Announces the Expansion of its Revolving Credit Facility to $1 Billion
    November 21, 2024
    Quinn Residences ("Quinn" or the "Company"), a leading owner, operator, and developer of dedicated rental communities in the Southeastern United States, announced today the closing of an expansion of its existing revolving credit facility (the "Facility") led by JPMorgan Chase Bank.
  • SFNet New Member Spotlight: CB&S Bank
    November 20, 2024
    CB&S Business Capital is the asset-based commercial lending division and was recently formed in September 2024. It's a division of CB&S Bank which is a privately-owned commercial bank headquartered in Northern Alabama with approximately $2.6 billion in total assets.
  • Gray Television Makes Significant Progress on Debt Reduction and Replenishes Authorization for Additional Debt Reduction
    November 20, 2024
    Gray Television, Inc. (“Gray,” “Gray Media,” the “Company,” “we,” “us” or “our”) (NYSE: GTN) has completed a series of transactions that collectively reduced the Company’s principal amount of debt outstanding by $278 million since October 1, 2024, bringing the Company’s total principal debt reduction to $519 million since January 1, 2024.
  • First Citizens Bank Leads $125 Million Financing for New Day Healthcare
    November 20, 2024
    First Citizens Bank has announced that its Healthcare Finance division has closed a $125 million senior credit facility for New Day Healthcare, a market-leading provider of home-based services.
  • eCapital Welcomes Chris Huntington, SVP, Business Development Officer to its ABL Group ​
    November 20, 2024
    eCapital Corp. (“eCapital”), a leading tech-enabled finance provider specializing in tailored solutions for businesses across North America and the United Kingdom, has appointed Chris Huntington as SVP, Business Development Officer within its ABL Group.
  • Mitsubishi HC Capital America Enhances Best in Class Vendor Portal
    November 20, 2024
    Mitsubishi HC Capital America, the largest non-bank, non-captive finance provider in North America, is further demonstrating its commitment to the latest in technological innovation by announcing several key enhancements and improvements to Propel, its proprietary, best-in-class digital transaction and portfolio management system.
  • PPL Group Sells Structural Steel Fabrication Business as a Turn-Key Facility
    November 20, 2024
    PPL Group has engineered the sale of a Texas-based structural steel fabrication facility and equipment to a regional operator who will rehire employees and restart the business.
  • CohnReznick’s Sun Named a Top 25 Cybersecurity Consultant and Leader
    November 20, 2024
    CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that David Sun, Principal, Cybersecurity, has been named to The Consulting Report’s Top 25 Cybersecurity Consultants and Leaders of 2024 list.
  • Gateway Trade Funding Completes 17 Stretch Finance Transactions Totaling Almost $5,000,000
    November 20, 2024
    Gateway Trade Funding, a PO and Stretch Financing company, is pleased to announce that it has recently completed the following stretch finance transactions: a $300,000 facility to a US oil and gas equipment company selling to US corporations and $750,000 facility to a US supplier of laboratory solutions selling to US corporations.
  • High-Quality, Excess Gear Goes to Auction in Tiger Group AV Sale
    November 20, 2024
    Pro-grade audiovisual gear from Keslow Camera, one of North America’s leading production rental companies, is available on December 3 in an online auction by Tiger Group.
  • Audax Private Debt Provides Financing to Support Comvest Private Equity’s Acquisition of Riccobene Associates Family Dentistry
    November 20, 2024
    Audax Private Debt announced that, as Administrative Agent and Sole Lead Arranger, it provided a unitranche credit facility to support Comvest Private Equity’s majority investment in Riccobene Associates Family Dentistry (“Riccobene”), a dental service organization (DSO) based in Cary, North Carolina.
  • Addi Secures $100 Million Credit Facility from Victory Park Capital
    November 20, 2024
    Addi, the Colombia-based fintech platform for integrated payments, shopping and banking, announced today that it has secured a $100 million credit facility from Victory Park Capital (“VPC”), a leading global alternative investment firm specializing in private credit.
  • Comvest Credit Partners Invests $144 Million to Support the Recapitalization and Growth of Sportime Clubs
    November 20, 2024
    Comvest Credit Partners (“Comvest Credit”), a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it is acting as Administrative Agent on a $144 million senior secured credit facility (the “Financing”) for Sportime Clubs, LLC (“Sportime”), a leading operator of tennis and sports clubs in the New York tri-state area.
  • Squire Secures $35 Million in Debt Financing from Silicon Valley Bank
    November 20, 2024
    Silicon Valley Bank (SVB), a division of First Citizens Bank, today announced it has provided $35 million in debt financing to Squire Technologies Inc., a leading full-scale management and point of sale (POS) system that helps barbershop owners scale their businesses and increase clientele while also reducing the amount of time spent in back-office operations.
  • Chainlink Joins Banco Inter, Microsoft and 7Comm Consortium to Support Trade Finance use Case in Phase 2 of Drex Pilot
    November 19, 2024
    The Central Bank of Brazil (BCB) has selected Banco Inter alongside Microsoft Brazil, 7COMm and Chainlink to build a trade finance solution as part of the second phase of Brazil's DREX, Brazilian digital currency's pilot. The solution leverages blockchain technology and oracles to automate supply chain management and improve trade finance processes.
  • Linedata Launches Structured Finance Capability Strengthening Linedata Ekip360
    November 19, 2024
    Linedata (Euronext Paris: LIN), a global provider of asset management and credit technology, data, and services, announces the launch of its structured finance offering. Integrated with Linedata Ekip360, it simplifies the management of complex structured finance structures for investment banks and credit institutions.
  • Concord Serves as Exclusive Financial Advisor for $25MM Senior Debt Facility for ACMS Group
    November 19, 2024
    Concord Financial Advisors announced it served as the exclusive financial advisor $25 million senior debt facility for ACMS Group, a leader in the industrial gas and power generation industries.
  • CapitalPlus Supply Empowers Philadelphia Masonry Contractor with $560,000 Factoring Facility
    November 19, 2024
    CapitalPlus Financial Services is proud to announce its recent support of a Philadelphia-based masonry contractor with a $560,000 factoring facility. This funding provides critical working capital, enabling the contractor to take on larger, more profitable contracts that were previously out of reach due to restrictive financing options from traditional banks.
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