The Hedaya Capital Group provided a $2.5 million facility to a fast-growing company that develops plant and mineral-based personal care products. Founded in 2020, their flagship product is an all-body deodorant featuring a groundbreaking new microbiome-approved formula that eliminates odor everywhere.

Live Oak Bancshares announced today that its Board of Directors has appointed Michael J. Cairns as Chief Credit Officer, effective August 1, 2024. Cairns will serve as CCO for both Live Oak Bancshares and Live Oak Bank and succeeds Steven J. Smits who has served in the position for 9 years. Smits is taking on a new role as head of commercial banking.

Further strengthening its growing presence in California, Citizens Financial Group, Inc. (NYSE: CFG) today announced that Michael Walker has joined the company to lead its team serving middle market companies across the state.

Slide Insurance announced today that it has secured a $175 million senior credit facility led by Regions Bank in its capacity as Administrative Agent, Joint Lead Arranger, and Joint Bookrunner. Synovus Bank and Texas Capital Bank, through its TCBI Securities Inc. division, also supported the transaction as a Joint Lead Arranger and Joint Bookrunner.

CIBC Innovation Banking today announced $10 million in growth capital financing for Clariti, a leading provider of purpose-built community development solutions for North American local governments. This funding will accelerate the development of new product features, support the ongoing integration of permitting technology provider Camino, which was acquired by Clariti in 2023, and be reinvested in customer service teams to support the company’s rapidly growing customer base across North America.

Griffon Corporation (“Griffon” or the “Company”) (NYSE: GFF) announced today that it has completed a favorable repricing of the outstanding balance of $459 million of its Secured Term Loan B facility (“Term Loan B”), which matures in January 2029.

Bridge Bank announced today that its Technology Banking Group has closed a $47 million term loan with Divergent Technologies Inc. to support the company’s continued growth.

Film, television and media financing firm BondIt Media Capital has closed a new credit facility of $60 million with the option to increase to $100 million, from Keystone National Group, a private credit fund and investment advisory firm.

Culain Capital is pleased to announce the successful structuring of a $3 million accounts receivable financing facility for a prominent manufacturer of sustainable denim. This financing arrangement will provide the necessary working capital to support the company's ongoing growth and future expansion plans.

BHI, the U.S division of Bank Hapoalim and a full-service commercial bank, today announced that it has provided $95 million in construction financing to developers David Bistricer and Anshel Friedman to build a 226-unit multifamily rental building located at 2359 Bedford Ave in the Flatbush neighborhood of Brooklyn, New York. The financing will be split evenly between BHI and Bank Hapoalim.

For 22 years Flatbay client, IBC Advanced Alloys, has manufactured beryllium and copper alloys to a variety of industries, becoming a leading expert in their field. In 2023, IBC experienced a decrease in profit margins due to two reasons: metal costs and existing customer contracts. In 2023, IBC experienced a decrease in profit margins due to two reasons: metal costs and existing customer contracts.

Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Summit Off Duty Services (“Summit”) by Security Services Holdings LLC (“Protos Security”), an existing portfolio company of Southfield Capital.

Star Mountain Capital, LLC (“Star Mountain”), a specialized investment manager with over $4.0 billion in assets under management (committed capital including debt facilities as of 5/31/2024) focused on generating defensive and premium yield and total returns from the less efficient and resources-intensive market of U.S. private small and medium-sized businesses (the “lower middle-market”), is pleased to announce that Charles Millard has joined as Senior Advisor.

Helios Technologies, Inc. (NYSE: HLIO) (“Helios” or the “Company”), a global leader in highly engineered motion control and electronic controls technology, today announced it has entered into an amendment and restatement of its existing term loans and revolving credit facility (“amended credit agreement”) to extend debt maturities, strengthen and streamline its lender group, reduce borrowing spreads, and expand the borrowing capacity under both its revolving credit facility and accordion feature.

CAN Capital, Inc., ("CAN") an innovator in alternative small business finance, has successfully completed a $175 million funding program, which includes a variable funding note facility with a maximum borrowing amount of $50 million and a $125 million asset-backed notes ("Notes") term securitization.

GLM III, LP (“GLM III”) and its affiliated investment manager GoldenTree Asset Management LP (along with other affiliated investment managers “GoldenTree”), announced the closing of a $501 million collateralized loan obligation (“CLO”) to be managed by GLM III.

First Citizens Bank today announced that its Commercial Real Estate business provided $52 million in financing to a joint venture between Wheelock Street Capital and Foundry Commercial for the construction of Egret Point Logistics Center in Boynton Beach, Florida.

Solifi, a global fintech software partner for secured finance, announced that it was shortlisted in three categories at the Asset Finance Connect (AFC) Summer awards, which will take place at the Honorable Artillery Company on Tuesday 9th July and will focus on People, Planet and Profit, emphasising excellence in ESG.

Womble Bond Dickinson today announced that Phyllis A. Guillory has joined the firm’s Houston office as a partner in the Corporate and Securities group, where her practice will focus on complex tax issues and cross-border transactions.

LSQ, a leading provider of working capital and payments management solutions, recently originated an accounts receivable credit facility for a Louisiana-based AI software and services company.