A live webcast auction on June 26 features the Phoenix plant of manufacturer Zummit Plastics, known for producing both conventional stretch film and what it billed as the only biodegradable version of that product in the country.

InterNex Capital provided a $5 million revolving line of credit that will enable the company to bid and win larger projects. The company, a civil engineering firm with 12 years in business, sought a lender that understood the intricacies of working with private and public entity billing practices.

Rosenthal & Rosenthal, Inc., the leading factoring, asset-based lending, purchase order financing and inventory financing firm in the United States, today announced the completion of two factoring transactions totaling $6.5 million and $25 million in factoring volume.

King & Spalding announces the return of structured finance partners Katie Weiss and Martin Eid to the firm. Eid has rejoined the firm effective immediately, and Weiss will return in the coming weeks. They join the Finance and Restructuring practice group in the New York office.

Amerisource Business Capital announced the closing and funding of a $2,000,000 working capital facility for a beverage manufacturer based on the West Coast. The working capital revolver will enable the company to capitalize on growth opportunities, optimize its operations, and sustain its upward trajectory.

Momnt, a leading fintech company specializing in real-time lending and payment solutions, today announces the appointment of Chris Bracken as CEO. This follows recent significant capital investments from Saluda Grade Ventures, Rockefeller Asset Management, and TruStage Ventures and solidifies the company’s position as a leader in the Home Improvement and Healthcare lending space.

Today, Bank of America has named Michael Garand as president of Bank of America Worcester. As president, Garand will lead the Worcester market and will be responsible for connecting clients, teammates and communities to the bank’s eight lines of businesses and the full power of Bank of America.

Citi has launched Citi Commercial Bank (CCB) in Japan as part of its strategy to launch its CCB business in key growth markets across specific clusters where the bank can grow at scale; and it has recently appointed Yutaka Naito as the head of the business in Japan.

RSK Group Limited (“RSK” or the “Company”), a global leader in the delivery of sustainable solutions, today announced it has entered into an agreement to receive a £500 million preferred equity investment from a consortium led by Searchlight Capital Partners, L.P. (“Searchlight”), and Ares Management Corporation funds (“Ares”).

Following the acquisition of Bovill in February 2024, Ocorian has today launched Bovill Newgate, its global regulatory and compliance business to address growing concerns over regulatory risks across financial services.

Austin Financial Services, Inc. (AFS) is pleased to announce the closing of a $2.5MM ABL facility to a life sciences company who operates in the field of cell and gene therapy used for research and development, clinical trials, and commercial production by academic, biotech, diagnostic, pharmaceutical, and contract research organizations. Proceeds from AFS’ revolver will provide working capital and support for long-term growth plans.

First Citizens Bank today announced that its Energy Finance business served as coordinating lead arranger on $133 million of financing for the new Cranberry Point Energy Storage project planned for Carver, Massachusetts.

Goetz Fitzpatrick LLP (goetzfitz.com) and Platzer, Swergold, Goldberg, Katz, and Jaslow LLP (platzerlaw.com) are thrilled to announce their upcoming merger to become Goetz Platzer LLP.

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 ZeroFox Holdings, Inc. (“ZeroFox”) by private equity sponsor Haveli Investments.

CFOs' outlook was cautious, as most indicate the economy is their most concerning external risk. This sentiment was perhaps most apparent in CFOs' risk appetite: only 26% of surveyed CFOs believe that now is a good time to be taking greater risks.

First Citizens Bank today announced that its Healthcare Finance business provided a term loan to refinance GenCare Lifestyle Tacoma at Point Ruston, a 159-unit senior living facility in Tacoma, Washington.

Conifex Timber Inc. ("Conifex") (TSX: CFF) announced today that it has completed a $25 million secured term loan (the "Term Loan") with PenderFund Capital Management Ltd. ("Pender"), an independent investment firm located in Vancouver, British Columbia.

KeyBank announced that Hans Jung has joined the bank as senior relationship manager within its Connecticut and Western Mass. middle-market Commercial Banking team. In this role, he will work with companies with annual revenues from $10 million to $2 billion, offering a range of corporate finance solutions, treasury management, and liquidity solutions tailored to meet their unique business needs.

Mad Mobile, a pioneering force in restaurant and retail SaaS and payment solutions, is pleased to announce the closure of a $50 million financing agreement. This funding, managed by Morgan Stanley Expansion Capital and Bridge Bank, will be strategically utilized to amplify the expansion of its SaaS and payment technologies, refinance existing debts, and propel sales growth.

Amerisource Business Capital announced the closing and funding of a $2,000,000 working capital facility for a candy manufacturer based in Utah. The proceeds will support the company’s ongoing growth and enable it to meet increasing market demand.