• Mount Logan Capital Inc. Expands Corporate Credit Facility In Support of Key Business Initiatives
    December 17, 2024
    Mount Logan Capital Inc. (Cboe Canada: MLC) (“Mount Logan” or the “Company”) announced today that its wholly-owned subsidiary, MLC US Holdings LLC (“MLC US Holdings”), as Borrower, has entered into an amendment to its existing credit agreement (the “Fourth Amendment”) to upsize the facility by approximately $13.0 million, while amending the facility to, among other things, incorporate a pricing step-down mechanism as the business continues to perform, which is expected to reduce Mount Logan’s cost of debt.
  • Q4 2024 RSM US Middle Market Business Index
    December 17, 2024
    The data, which has been seasonally adjusted, is based on responses from 404 senior executives at middle market firms in a survey conducted by The Harris Poll from Oct. 1 to Oct. 22, 2024, before the presidential election on Nov. 5.
  • Monroe Capital Supports Alpine Investors’ Investment in Guardian Restoration Partners
    December 17, 2024
    Monroe Capital LLC announced it acted as joint lead arranger on the funding of a senior credit facility to support the recapitalization of Guardian Restoration Partners (“Guardian”), an existing portfolio company of Alpine Investors.
  • MA Asset Management Announces the Launch of Interval Fund MA Specialty Credit Income Fund (SCISX)
    December 17, 2024
    MA Financial Group Limited ("MA") (ASX: MAF) an ASX-listed global alternative asset manager with over US $6.8 billion AUM, today announced the launch of the MA Specialty Credit Income Fund (SCISX) ("the Fund") a continuously offered, closed-end interval fund registered under the Investment Company Act of 1940.
  • Rosenthal Hires Dan Chang as Senior Business Development Officer Focused on West Coast
    December 17, 2024
    Rosenthal & Rosenthal, Inc., the leading private commercial finance firm in the United States, today announced that Dan Chang has joined Rosenthal as Senior Business Development Officer.
  • BHI Provides BrightNight With $25 Million In Financing, Increasing the Renewable Power Company’s Global Development Facility to $400 Million
    December 17, 2024
    BHI, the U.S Branch of Bank Hapoalim, B.M. and a full-service commercial bank, today announced that BHI and Bank Hapoalim are partnering on a loan which will provide $25 Million in financing to BrightNight, a renewable power company designed to provide utility and commercial and industrial customers with clean, dispatchable renewable power solutions.
  • Sallyport Commercial Finance Provides $750,000 for a Growing Client in the Disposal Service Industry
    December 17, 2024
    Sallyport Commercial Finance is proud to announce a $750,000 full notification factoring facility for a growing client in the disposal services industry. The client offers a comprehensive range of waste management and recycling solutions in the multi-residential space.
  • Speritas Capital Partners Arranges an $18 Million Closed ABL Deal
    December 17, 2024
    Speritas Capital Partners today announced the closing of an $18 million asset-based revolving line of credit for a manufacturer of proprietary storage products. Speritas Capital was brought in by the client to assess financing options to pay off their current lender and to support substantial growth
  • Hidden River Announces Investment in Seedbox Solution
    December 17, 2024
    In a strategic move to support innovation and growth in the agricultural supply chain sector, Hidden River Strategic Capital ("Hidden River") has announced its investment in Seedbox Solution ("Seedbox" or the "Company"), a full-service provider of reusable packaging and fleet management solutions to the seed industry.
  • Beacon Pointe Advisors Rounds Out the Year with Robust Growth Driven by Key Acquisitions
    December 17, 2024
    Beacon Pointe Advisors ("Beacon Pointe") introduces its latest acquisitions of Artemis Financial Advisors ("Artemis") based in Boston, MA, and WhiteRock Wealth Management ("WhiteRock") who will be joining the existing Beacon Pointe Dallas, TX team and contributing to Beacon Pointe's collective $6B in assets under management in the Dallas-Fort Worth region.
  • Trinity Capital Inc. Provides $50 Million in Equipment Financing to Form Energy
    December 17, 2024
    Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of diversified financial solutions to growth-oriented companies, today announced the commitment of $50 million in equipment financing to Form Energy, an American technology company developing and commercializing a new class of cost-effective, multi-day energy storage systems.
  • BizCap® Secures Growth Financing for Safety Network
    December 17, 2024
    BizCap®, a commercial finance advisory firm established in 2002, announces it has structured and secured growth financing for Safety Network, a trusted provider of traffic control services and equipment dedicated to protecting California’s roadside workers and motorists since 1999.
  • SLR Equipment Finance Expands its Business Development Capabilities and Announces That Bryan Anderson has Joined the Company
    December 16, 2024
    SLR Equipment Finance (SLR EQF) is pleased to announce Bryan Anderson has joined our company as a Senior Vice President, Vendor Sales. In his role, Bryan will help grow SLR Equipment Finance’s leasing and lending activities with equipment dealers in the central region of the U.S. Bryan began his career with Amur Equipment Finance. He most recently was with Equify Financial LLC.
  • SFNet New Member Spotlight: RA Capital Funding, LLC
    December 16, 2024
    RA Capital Funding, LLC is a nationwide direct lender, providing flexible financial solutions for small and medium-sized business. We understand the unique challenges entrepreneurs face and aim to be a long-term financial partner, offering support when it’s needed the most.
  • Gordon Brothers Provides Toys"R"Us Canada Ltd. $C120M in Financing & Store Rationalization Support
    December 16, 2024
    Gordon Brothers, the global asset experts, has provided Toys"R"Us Canada Ltd. C$120 million in financing consisting of a C$100 million first-lien revolving credit facility and a C$20 million first-in, last-out term loan to support ongoing borrowing needs.
  • Eclipse Business Capital Closes $135 Million ABL Credit Facility to Waste Management Service Provider
    December 16, 2024
    Eclipse Business Capital LLC (“EBC”) announced that it has provided a $135 million ABL credit facility to a service provider in the waste management industry. The credit facility is secured by accounts receivable and related business assets. The transaction will refinance the Company’s existing credit facilities and provide additional liquidity to support ongoing working capital and letter of credit needs.
  • PennantPark Floating Rate Capital Ltd. Announces Upsize of Joint Venture
    December 16, 2024
    PennantPark Floating Rate Capital Ltd. (“PFLT”) (NYSE: PFLT) today announced it has agreed to expand its investment in PennantPark Senior Secured Loan Fund I LLC (“PSSL” or the “JV”). This transaction further strengthens this strategic partnership, which was put into place over seven years ago, and has generated strong returns to date.
  • Vertiv Announces Successful Completion of Term Loan Repricing
    December 16, 2024
    Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today announced the completion of the repricing of Vertiv Group Corporation’s, a subsidiary of Vertiv Holdings Co, existing seven-year $2.1 billion Term Loan.
  • Talen Energy Corporation Announces Closing of Incremental Term Loan B Financing and Related Repurchase of Common Stock
    December 16, 2024
    Talen Energy Corporation (“Talen” or the “Company”) (NASDAQ: TLN) announced today that the Company has closed on its previously announced $850 million incremental Term Loan B credit facility (the “Financing”) and the repurchase (the “Repurchase”) of an equivalent value of shares of Talen’s outstanding Talen common stock, par value $0.001 per share (“Common Stock”) from affiliates of Rubric Capital Management LP (collectively, “Rubric”).
  • Associated Bank Announces Steven Zandpour to Join Executive Leadership Team
    December 16, 2024
    Associated Banc-Corp (NYSE: ASB) ("Associated") announced today the appointment of Steven Zandpour to its Executive Leadership Team (ELT), effective January 1, 2025. Zandpour, 48 will be executive vice president, deputy head of Consumer and Business Banking, Associated Bank, reporting directly to David Stein, executive vice president, head of Consumer and Business Banking and Madison Market president.
  • Mount Logan Capital Inc. Expands Corporate Credit Facility In Support of Key Business Initiatives
    December 17, 2024
    Mount Logan Capital Inc. (Cboe Canada: MLC) (“Mount Logan” or the “Company”) announced today that its wholly-owned subsidiary, MLC US Holdings LLC (“MLC US Holdings”), as Borrower, has entered into an amendment to its existing credit agreement (the “Fourth Amendment”) to upsize the facility by approximately $13.0 million, while amending the facility to, among other things, incorporate a pricing step-down mechanism as the business continues to perform, which is expected to reduce Mount Logan’s cost of debt.
  • Q4 2024 RSM US Middle Market Business Index
    December 17, 2024
    The data, which has been seasonally adjusted, is based on responses from 404 senior executives at middle market firms in a survey conducted by The Harris Poll from Oct. 1 to Oct. 22, 2024, before the presidential election on Nov. 5.
  • Monroe Capital Supports Alpine Investors’ Investment in Guardian Restoration Partners
    December 17, 2024
    Monroe Capital LLC announced it acted as joint lead arranger on the funding of a senior credit facility to support the recapitalization of Guardian Restoration Partners (“Guardian”), an existing portfolio company of Alpine Investors.
  • MA Asset Management Announces the Launch of Interval Fund MA Specialty Credit Income Fund (SCISX)
    December 17, 2024
    MA Financial Group Limited ("MA") (ASX: MAF) an ASX-listed global alternative asset manager with over US $6.8 billion AUM, today announced the launch of the MA Specialty Credit Income Fund (SCISX) ("the Fund") a continuously offered, closed-end interval fund registered under the Investment Company Act of 1940.
  • Rosenthal Hires Dan Chang as Senior Business Development Officer Focused on West Coast
    December 17, 2024
    Rosenthal & Rosenthal, Inc., the leading private commercial finance firm in the United States, today announced that Dan Chang has joined Rosenthal as Senior Business Development Officer.
  • BHI Provides BrightNight With $25 Million In Financing, Increasing the Renewable Power Company’s Global Development Facility to $400 Million
    December 17, 2024
    BHI, the U.S Branch of Bank Hapoalim, B.M. and a full-service commercial bank, today announced that BHI and Bank Hapoalim are partnering on a loan which will provide $25 Million in financing to BrightNight, a renewable power company designed to provide utility and commercial and industrial customers with clean, dispatchable renewable power solutions.
  • Sallyport Commercial Finance Provides $750,000 for a Growing Client in the Disposal Service Industry
    December 17, 2024
    Sallyport Commercial Finance is proud to announce a $750,000 full notification factoring facility for a growing client in the disposal services industry. The client offers a comprehensive range of waste management and recycling solutions in the multi-residential space.
  • Speritas Capital Partners Arranges an $18 Million Closed ABL Deal
    December 17, 2024
    Speritas Capital Partners today announced the closing of an $18 million asset-based revolving line of credit for a manufacturer of proprietary storage products. Speritas Capital was brought in by the client to assess financing options to pay off their current lender and to support substantial growth
  • Hidden River Announces Investment in Seedbox Solution
    December 17, 2024
    In a strategic move to support innovation and growth in the agricultural supply chain sector, Hidden River Strategic Capital ("Hidden River") has announced its investment in Seedbox Solution ("Seedbox" or the "Company"), a full-service provider of reusable packaging and fleet management solutions to the seed industry.
  • Beacon Pointe Advisors Rounds Out the Year with Robust Growth Driven by Key Acquisitions
    December 17, 2024
    Beacon Pointe Advisors ("Beacon Pointe") introduces its latest acquisitions of Artemis Financial Advisors ("Artemis") based in Boston, MA, and WhiteRock Wealth Management ("WhiteRock") who will be joining the existing Beacon Pointe Dallas, TX team and contributing to Beacon Pointe's collective $6B in assets under management in the Dallas-Fort Worth region.
  • Trinity Capital Inc. Provides $50 Million in Equipment Financing to Form Energy
    December 17, 2024
    Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of diversified financial solutions to growth-oriented companies, today announced the commitment of $50 million in equipment financing to Form Energy, an American technology company developing and commercializing a new class of cost-effective, multi-day energy storage systems.
  • BizCap® Secures Growth Financing for Safety Network
    December 17, 2024
    BizCap®, a commercial finance advisory firm established in 2002, announces it has structured and secured growth financing for Safety Network, a trusted provider of traffic control services and equipment dedicated to protecting California’s roadside workers and motorists since 1999.
  • SLR Equipment Finance Expands its Business Development Capabilities and Announces That Bryan Anderson has Joined the Company
    December 16, 2024
    SLR Equipment Finance (SLR EQF) is pleased to announce Bryan Anderson has joined our company as a Senior Vice President, Vendor Sales. In his role, Bryan will help grow SLR Equipment Finance’s leasing and lending activities with equipment dealers in the central region of the U.S. Bryan began his career with Amur Equipment Finance. He most recently was with Equify Financial LLC.
  • SFNet New Member Spotlight: RA Capital Funding, LLC
    December 16, 2024
    RA Capital Funding, LLC is a nationwide direct lender, providing flexible financial solutions for small and medium-sized business. We understand the unique challenges entrepreneurs face and aim to be a long-term financial partner, offering support when it’s needed the most.
  • Gordon Brothers Provides Toys"R"Us Canada Ltd. $C120M in Financing & Store Rationalization Support
    December 16, 2024
    Gordon Brothers, the global asset experts, has provided Toys"R"Us Canada Ltd. C$120 million in financing consisting of a C$100 million first-lien revolving credit facility and a C$20 million first-in, last-out term loan to support ongoing borrowing needs.
  • Eclipse Business Capital Closes $135 Million ABL Credit Facility to Waste Management Service Provider
    December 16, 2024
    Eclipse Business Capital LLC (“EBC”) announced that it has provided a $135 million ABL credit facility to a service provider in the waste management industry. The credit facility is secured by accounts receivable and related business assets. The transaction will refinance the Company’s existing credit facilities and provide additional liquidity to support ongoing working capital and letter of credit needs.
  • PennantPark Floating Rate Capital Ltd. Announces Upsize of Joint Venture
    December 16, 2024
    PennantPark Floating Rate Capital Ltd. (“PFLT”) (NYSE: PFLT) today announced it has agreed to expand its investment in PennantPark Senior Secured Loan Fund I LLC (“PSSL” or the “JV”). This transaction further strengthens this strategic partnership, which was put into place over seven years ago, and has generated strong returns to date.
  • Vertiv Announces Successful Completion of Term Loan Repricing
    December 16, 2024
    Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today announced the completion of the repricing of Vertiv Group Corporation’s, a subsidiary of Vertiv Holdings Co, existing seven-year $2.1 billion Term Loan.
  • Talen Energy Corporation Announces Closing of Incremental Term Loan B Financing and Related Repurchase of Common Stock
    December 16, 2024
    Talen Energy Corporation (“Talen” or the “Company”) (NASDAQ: TLN) announced today that the Company has closed on its previously announced $850 million incremental Term Loan B credit facility (the “Financing”) and the repurchase (the “Repurchase”) of an equivalent value of shares of Talen’s outstanding Talen common stock, par value $0.001 per share (“Common Stock”) from affiliates of Rubric Capital Management LP (collectively, “Rubric”).
  • Associated Bank Announces Steven Zandpour to Join Executive Leadership Team
    December 16, 2024
    Associated Banc-Corp (NYSE: ASB) ("Associated") announced today the appointment of Steven Zandpour to its Executive Leadership Team (ELT), effective January 1, 2025. Zandpour, 48 will be executive vice president, deputy head of Consumer and Business Banking, Associated Bank, reporting directly to David Stein, executive vice president, head of Consumer and Business Banking and Madison Market president.