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Home > Chapters > Canada > News Detail
  • Legacy Corporate Lending Provides $10 Million Credit Facility to Franklin Baker Incorporated
    June 12, 2024
    Legacy Corporate Lending, LLC (“Legacy”), an independent asset-based lending (ABL) company focused on serving the needs of middle market companies across North America, today announced the completion of a $10 million asset-based revolving line of credit for Franklin Baker Incorporated (“Franklin Baker”).
  • Weatherford Announces Expansion of Credit Facility and Amendment of Accordion Size
    June 12, 2024
    Weatherford International plc (NASDAQ: WFRD) (“Weatherford,” and together with its subsidiaries, the “Company,” “we,” “us” and “our”) announced that it has increased its Credit Facility by $40 million to $720 million in aggregate commitments by adding a new lender.
  • CIBC Innovation Banking Leads Senior Syndicated Debt Commitment for Yipit, LLC
    June 12, 2024
    CIBC Innovation Banking is pleased to announce that it recently acted as the lead arranger and an administrative agent on a debt facility for New York-based Yipit, LLC (YipitData), the trusted source of alternative data insights for investment funds and large corporations.
  • Ecovyst Successfully Amends and Extends Term Loan Facility
    June 12, 2024
    Ecovyst Inc. (NYSE: ECVT) ("Ecovyst" or the "Company"), a leading integrated and innovative global provider of advanced materials, specialty catalysts and services, today announced that it has successfully amended and extended its existing senior secured term loan facility (the "Amended Term Loan Facility") in an aggregate principal amount of $873 million at a lower interest rate margin and with an extended maturity.
  • SLR Business Credit Provides $7.5 Million Line of Credit to Rapidly Growing Artisanal Baked Goods Manufacturer
    June 12, 2024
    SLR Business Credit LLC (“SLR Business Credit”) is pleased to announce the funding of a $7.5 million credit facility for a leading manufacturer in the artisanal baked goods industry experiencing rapid growth and increasing sales. This financial support is aimed at bolstering the company's working capital and facilitating further expansion.
  • New Partnerships Highlight Dwight Funding’s Commitment to Consumer Brand Growth ​
    June 12, 2024
    Dwight Funding, the leading working capital provider for growth-stage consumer product and eCommerce brands, is pleased to announce several new portfolio companies across various categories in CPG.
  • New Partnerships Highlight Dwight Funding’s Commitment to Consumer Brand Growth ​
    June 12, 2024
    Dwight Funding, the leading working capital provider for growth-stage consumer product and eCommerce brands, is pleased to announce several new portfolio companies across various categories in CPG.
  • New Partnerships Highlight Dwight Funding’s Commitment to Consumer Brand Growth ​
    June 12, 2024
    Dwight Funding, the leading working capital provider for growth-stage consumer product and eCommerce brands, is pleased to announce several new portfolio companies across various categories in CPG.
  • Fed to Hold Rates Steady Amid Global Divergence in Monetary Policy
    June 12, 2024
    The Federal Reserve will almost certainly hold US interest rates steady at the current 23-year high on Wednesday and investors need to review their portfolios amid a divergence in global monetary policy.
  • Pritzker Private Capital Names Anna Edgcomb and Alyson Brown Vice Presidents
    June 12, 2024
    Pritzker Private Capital (“PPC”), a leader in family direct investing, today announced that Anna Edgcomb has rejoined the firm as Vice President – Manufactured Products and Alyson Brown has joined the firm as Vice President – Services. Ms. Edgcomb and Ms. Brown will help source and execute investments, supporting PPC’s strategy to deploy capital across family-owned and founder-led businesses in the manufactured products and services sectors.
  • Tax Guard Announces Partnership with Ventures Lending Technologies
    June 12, 2024
    Tax Guard, a Cogency Global Company and the first provider of real-time IRS tax data services, is announcing it has entered a partnership with San Diego-based Ventures Lending Technologies, a premier end-to-end lending software for banks and mission-based lenders.
  • Coach USA Initiates Voluntary Chapter 11 Sale Processes to Maximize Value of Its Businesses
    June 12, 2024
    Coach USA (the "company"), a leading provider of passenger transportation and mobility services, today announced that it commenced voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the District of Delaware to facilitate sale processes to preserve jobs, ensure continued service and maximize the value of its businesses.
  • PNC Bank Announces $500+ Million Credit Facility for Seismic
    June 11, 2024
    PNC Bank, National Association ("PNC"), today announced the closing of a $500+ million senior secured credit facility for Seismic, a global leader in sales enablement software. PNC served as Administrative Agent and Collateral Agent for the credit facility and PNC Capital Markets LLC ("PNCCM") served as Lead Left Arranger.
  • eCapital Breaks Through Single-Debtor Barrier with $15MM Invoice Factoring Facility for Disruptive Transportation Tech Firm
    June 11, 2024
    eCapital Corp. (“eCapital”), a leading tech-enabled finance provider specializing in tailored solutions for businesses across North America and the United Kingdom, has funded a $15 million factoring facility for a world-leading technology firm in the transportation industry.
  • Wintrust Business Credit Announces Closing of $11M ABL Line of Credit to Support Client Acquisition of Premium Fresh Food Distributor
    June 11, 2024
    Wintrust Business Credit (WBC) is happy to announce a line increase to $11,000,000 for their existing client. This line increase was used by the client to support the acquisition of a Minnesota-based distributer of premium fresh seafood. WBC’s existing client is a distributor of both fresh and frozen seafood to local grocery stores, while the acquisition target works primarily with restaurants.
  • Rosenthal Closes $2 Million Recourse Factoring Deal for New York-Based Staffing Firm
    June 11, 2024
    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 a $2 million recourse factoring deal for a disabled veteran-owned business focused on providing staffing to local and state agencies.
  • First Citizens Bank Provides Up to $400 Million for WhiteHawk Funds
    June 11, 2024
    First Citizens Bank today announced that its Asset-Based Lending business will provide up to $400 million in combined financing to facilitate the investments of WhiteHawk Fund IV and WhiteHawk Evergreen Fund.
  • Pipe Expands Capital-as-a-Service Capacity to More Than $1 Billion Per Year with a New $100 Million Credit Facility from Victory Park Capital
    June 11, 2024
    Pipe, the modern capital platform for fast, frictionless, dilution-free funding, today announced the close of a $100 million credit facility from Victory Park Capital (“VPC”), a global alternative investment firm specializing in private credit. The facility, which has the potential to upsize up to $200 million in the future, will support Pipe’s Capital-as-a-Service solution, enabling access to capital for millions of small and medium-sized businesses (“SMBs”) historically lacking traditional financing options.
  • Barnes & Noble Education Successfully Completes Milestone Transactions to Significantly Strengthen Balance Sheet and Advance Industry Leading Services for Institutions and Students
    June 11, 2024
    Barnes & Noble Education, Inc. (NYSE: BNED) (“BNED” or the “Company”), a leading solutions provider for the education industry, today announced that it has successfully closed its milestone equity and refinancing transactions (the “Transactions”) with Immersion Corporation (NASDAQ: IMMR) (“Immersion”) and certain of the Company’s existing stockholders and strategic partners.
  • SouthState Welcomes Slate of Seven Georgia Bankers
    June 11, 2024
    SouthState Bank has announced the addition of seven new commercial and private bankers in its growing Georgia market.
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  • Legacy Corporate Lending Provides $10 Million Credit Facility to Franklin Baker Incorporated
    June 12, 2024
    Legacy Corporate Lending, LLC (“Legacy”), an independent asset-based lending (ABL) company focused on serving the needs of middle market companies across North America, today announced the completion of a $10 million asset-based revolving line of credit for Franklin Baker Incorporated (“Franklin Baker”).
  • Weatherford Announces Expansion of Credit Facility and Amendment of Accordion Size
    June 12, 2024
    Weatherford International plc (NASDAQ: WFRD) (“Weatherford,” and together with its subsidiaries, the “Company,” “we,” “us” and “our”) announced that it has increased its Credit Facility by $40 million to $720 million in aggregate commitments by adding a new lender.
  • CIBC Innovation Banking Leads Senior Syndicated Debt Commitment for Yipit, LLC
    June 12, 2024
    CIBC Innovation Banking is pleased to announce that it recently acted as the lead arranger and an administrative agent on a debt facility for New York-based Yipit, LLC (YipitData), the trusted source of alternative data insights for investment funds and large corporations.
  • Ecovyst Successfully Amends and Extends Term Loan Facility
    June 12, 2024
    Ecovyst Inc. (NYSE: ECVT) ("Ecovyst" or the "Company"), a leading integrated and innovative global provider of advanced materials, specialty catalysts and services, today announced that it has successfully amended and extended its existing senior secured term loan facility (the "Amended Term Loan Facility") in an aggregate principal amount of $873 million at a lower interest rate margin and with an extended maturity.
  • SLR Business Credit Provides $7.5 Million Line of Credit to Rapidly Growing Artisanal Baked Goods Manufacturer
    June 12, 2024
    SLR Business Credit LLC (“SLR Business Credit”) is pleased to announce the funding of a $7.5 million credit facility for a leading manufacturer in the artisanal baked goods industry experiencing rapid growth and increasing sales. This financial support is aimed at bolstering the company's working capital and facilitating further expansion.
  • New Partnerships Highlight Dwight Funding’s Commitment to Consumer Brand Growth ​
    June 12, 2024
    Dwight Funding, the leading working capital provider for growth-stage consumer product and eCommerce brands, is pleased to announce several new portfolio companies across various categories in CPG.
  • New Partnerships Highlight Dwight Funding’s Commitment to Consumer Brand Growth ​
    June 12, 2024
    Dwight Funding, the leading working capital provider for growth-stage consumer product and eCommerce brands, is pleased to announce several new portfolio companies across various categories in CPG.
  • New Partnerships Highlight Dwight Funding’s Commitment to Consumer Brand Growth ​
    June 12, 2024
    Dwight Funding, the leading working capital provider for growth-stage consumer product and eCommerce brands, is pleased to announce several new portfolio companies across various categories in CPG.
  • Fed to Hold Rates Steady Amid Global Divergence in Monetary Policy
    June 12, 2024
    The Federal Reserve will almost certainly hold US interest rates steady at the current 23-year high on Wednesday and investors need to review their portfolios amid a divergence in global monetary policy.
  • Pritzker Private Capital Names Anna Edgcomb and Alyson Brown Vice Presidents
    June 12, 2024
    Pritzker Private Capital (“PPC”), a leader in family direct investing, today announced that Anna Edgcomb has rejoined the firm as Vice President – Manufactured Products and Alyson Brown has joined the firm as Vice President – Services. Ms. Edgcomb and Ms. Brown will help source and execute investments, supporting PPC’s strategy to deploy capital across family-owned and founder-led businesses in the manufactured products and services sectors.
  • Tax Guard Announces Partnership with Ventures Lending Technologies
    June 12, 2024
    Tax Guard, a Cogency Global Company and the first provider of real-time IRS tax data services, is announcing it has entered a partnership with San Diego-based Ventures Lending Technologies, a premier end-to-end lending software for banks and mission-based lenders.
  • Coach USA Initiates Voluntary Chapter 11 Sale Processes to Maximize Value of Its Businesses
    June 12, 2024
    Coach USA (the "company"), a leading provider of passenger transportation and mobility services, today announced that it commenced voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the District of Delaware to facilitate sale processes to preserve jobs, ensure continued service and maximize the value of its businesses.
  • PNC Bank Announces $500+ Million Credit Facility for Seismic
    June 11, 2024
    PNC Bank, National Association ("PNC"), today announced the closing of a $500+ million senior secured credit facility for Seismic, a global leader in sales enablement software. PNC served as Administrative Agent and Collateral Agent for the credit facility and PNC Capital Markets LLC ("PNCCM") served as Lead Left Arranger.
  • eCapital Breaks Through Single-Debtor Barrier with $15MM Invoice Factoring Facility for Disruptive Transportation Tech Firm
    June 11, 2024
    eCapital Corp. (“eCapital”), a leading tech-enabled finance provider specializing in tailored solutions for businesses across North America and the United Kingdom, has funded a $15 million factoring facility for a world-leading technology firm in the transportation industry.
  • Wintrust Business Credit Announces Closing of $11M ABL Line of Credit to Support Client Acquisition of Premium Fresh Food Distributor
    June 11, 2024
    Wintrust Business Credit (WBC) is happy to announce a line increase to $11,000,000 for their existing client. This line increase was used by the client to support the acquisition of a Minnesota-based distributer of premium fresh seafood. WBC’s existing client is a distributor of both fresh and frozen seafood to local grocery stores, while the acquisition target works primarily with restaurants.
  • Rosenthal Closes $2 Million Recourse Factoring Deal for New York-Based Staffing Firm
    June 11, 2024
    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 a $2 million recourse factoring deal for a disabled veteran-owned business focused on providing staffing to local and state agencies.
  • First Citizens Bank Provides Up to $400 Million for WhiteHawk Funds
    June 11, 2024
    First Citizens Bank today announced that its Asset-Based Lending business will provide up to $400 million in combined financing to facilitate the investments of WhiteHawk Fund IV and WhiteHawk Evergreen Fund.
  • Pipe Expands Capital-as-a-Service Capacity to More Than $1 Billion Per Year with a New $100 Million Credit Facility from Victory Park Capital
    June 11, 2024
    Pipe, the modern capital platform for fast, frictionless, dilution-free funding, today announced the close of a $100 million credit facility from Victory Park Capital (“VPC”), a global alternative investment firm specializing in private credit. The facility, which has the potential to upsize up to $200 million in the future, will support Pipe’s Capital-as-a-Service solution, enabling access to capital for millions of small and medium-sized businesses (“SMBs”) historically lacking traditional financing options.
  • Barnes & Noble Education Successfully Completes Milestone Transactions to Significantly Strengthen Balance Sheet and Advance Industry Leading Services for Institutions and Students
    June 11, 2024
    Barnes & Noble Education, Inc. (NYSE: BNED) (“BNED” or the “Company”), a leading solutions provider for the education industry, today announced that it has successfully closed its milestone equity and refinancing transactions (the “Transactions”) with Immersion Corporation (NASDAQ: IMMR) (“Immersion”) and certain of the Company’s existing stockholders and strategic partners.
  • SouthState Welcomes Slate of Seven Georgia Bankers
    June 11, 2024
    SouthState Bank has announced the addition of seven new commercial and private bankers in its growing Georgia market.
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