• Gateway Trade Funding Completes 17 Stretch Finance Transactions Totaling More Than $2,100,000
    March 12, 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 $130,000 facility for a Canadian commercial shelving displays, furnishings and equipment company and a $65,000 facility for a US family owned and operated logistics company.
  • Wolters Kluwer and Informed.IQ collaborate on AI-driven Document Intelligence to Enhance Vehicle Lending Lifecycle
    March 12, 2024
    In its work to help simplify and streamline the complex landscape of automotive financing, Wolters Kluwer Compliance Solutions has agreed with Informed.IQ to distribute an automated technology solution that modernizes the vehicle lending lifecycle by using digitized processes and artificial intelligence (AI). The offering utilizes Wolters Kluwer’s market-leading eVault capabilities with Informed.IQ’s AI copilot solution to review, validate, and store financing documents.
  • Garrington Capital Provides $700,000 Term Loan to Support Growth of Surgical Center
    March 12, 2024
    Garrington Capital, a leading provider of capital solutions to middle- market companies in the United States and Canada, is pleased to announce it has funded a $700,000 term loan (the “Loan”) to a support the buildout of a Cincinnati-based surgical center and purchase of equipment.
  • Aligned Data Centers and Blackstone Credit & Insurance Announce Financing Relationship
    March 12, 2024
    -Blackstone Credit & Insurance (“BXCI”) and Aligned Data Centers, a leading technology infrastructure company offering innovative, sustainable, and adaptive Scale Data Centers and Build-to-Scale solutions for global hyperscale and enterprise customers, today announced a new strategic partnership. Blackstone has provided an initial $600 million senior secured credit facility to support the development of Aligned’s newest and largest data center in West Jordan, Utah.
  • Taiga Secures Additional Working Capital Facility with Export Development Canada and Provides Production Update
    March 12, 2024
    Taiga Motors Corporation (TSX: TAIG) ("Taiga" or the "Company"), a leading electric off-road vehicle manufacturer, today announced that Export Development Canada ("EDC") has agreed to upsize its existing senior secured credit facility available to Taiga by providing up to approximately $5.25 million of additional funding (the "Upsized EDC Credit Facility") for working capital and general corporate purposes through an amended and restated loan agreement (the "A&R Loan Agreement"), such as supporting its omnichannel retail and dealer network growth.
  • Rosenberg and Fecci Consulting Promotes Jessica Brown to Partner
    March 12, 2024
    It is with great pleasure and excitement that Rosenberg & Fecci announce Jessica's elevation to a new role at Rosenberg and Fecci Consulting LLC (R&F) as a partner. With over 12 years of invaluable experience as a field examiner and leader within our firm, Jessica embodies the qualities of excellence, dedication, and innovation that defines Rosenberg and Fecci.
  • Heron Finance Completes Rollout, Becomes First On-Chain Platform to Offer Access to Sought-After Private Credit Deals via Standard Bank Accounts
    March 12, 2024
    Heron Finance, an SEC-registered investment advisor (“RIA”), announced it has completed its rollout, and has begun accepting investments to build automated private credit portfolios via digital wallets and, for the first time, standard bank accounts.
  • Morrison Foerster Adds Prominent Restructuring Partner Doug Mannal in New York
    March 12, 2024
    Morrison Foerster, a leading global law firm, is pleased to announce the arrival of Doug Mannal as a partner in the firm’s Business Restructuring + Insolvency Group in the Transactions Department, based in the New York office. Mannal brings over 20 years of experience spanning all aspects of restructuring to the firm, with a particular focus on representing creditors, including official committees of unsecured creditors, as well as ad hoc groups of funds in distressed situations – both in and out of court.
  • Sound Credit Union and Washington Business Bank Announce Acquisition Agreement
    March 12, 2024
    Sound Credit Union, a leading not-for-profit financial institution serving Washington State, and Washington Business Bank (OTCPK: WBZB), a premier commercial bank headquartered in Olympia, Washington, announced today they have entered into a definitive agreement in which Sound Credit Union will acquire Washington Business Bank.
  • Houlihan Lokey Expands Healthcare Capital Markets Capabilities With Experienced Hire
    March 12, 2024
    Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, announced today that Brent Shepherd has joined as a Managing Director in its Capital Markets Group. Based in Chicago, Mr. Shepherd will co-lead the firm’s Healthcare Capital Markets efforts alongside Managing Director Neha Shah.
  • Republic Business Credit Provides $8.0 Million Asset-Based Loan to Aftermarket Automotive Supplier ​
    March 12, 2024
    When a California-based aftermarket automotive supplier needed to increase its working capital after acquiring a competitor, Republic stepped in to provide more availability and a larger credit facility to support its cashflow.
  • SFNet Submits Letter in Opposition to Illinois Financial Disclosure Legislation
    March 12, 2024
    SFNet has submitted a comment letter opposing the Illinois commercial finance disclosure legislation, which is similar to New York’s law, but has the additional requirements of licensing and a database.
  • Hilco Streambank Announces Internal Reorganization and Executive Promotions
    March 12, 2024
    Hilco Streambank, a leading advisory firm specializing in intangible asset disposition, valuation, and a leading market player for digital assets and services, today announced significant changes to its organizational structure and key executive promotions.
  • Gibraltar Business Capital Provides $20MM to Second-Generation Honey Company
    March 11, 2024
    GloryBee Natural Sweeteners, a family-owned business based in Oregon, is dedicated to ethically sourcing, processing, and packing high-quality honey and other sweeteners primarily used as ingredients. The company, having invested in a state-of-the-art manufacturing facility and national expansion, needed a lender that could move quickly to refinance existing bank debt and provide additional liquidity to maximize growth opportunities.
  • Culain Capital Funding Closes $4MM for National Consumer Products Company
    March 11, 2024
    More and more businesses in need of fast, flexible working capital solutions beyond typical bank lending are turning to Culain Capital Funding. The latest is a consumer products company that does business across the country, which recently received a $4MM accounts receivable factoring facility through Culain Capital.
  • InterNex Capital Announces $5 Million Facility to Business Process Outsourcing Company
    March 11, 2024
    InterNex Capital provided a $5 million revolving line of credit to a leading Business Process Outsourcing (BPO) company in the call center space, focused on the tech sector. The BPO company sought an innovative lender that was understanding of the billing cycles in the technology sector and could provide flexibility as AR concentrations shifted between customers.
  • Citizens Advises Ellipse Eye Group in Its Sale to ReFocus Eye Health
    March 11, 2024
    Citizens M&A Advisory announced today that it served as the exclusive financial advisor to Ellipse Eye Group, LLC on its sale to ReFocus Eye Health, a portfolio company of Zenyth Partners.
  • Cory Gitt Joins BridgeCore Capital as Managing Director, Loan Originations
    March 11, 2024
    BridgeCore Capital, Inc. today announced that Cory Gitt has joined the firm as Managing Director, Loan Originations. In this role, Gitt will be responsible for overseeing loan originations for BridgeCore’s recently launched, nationwide program for middle-market loans ranging from $5 million to $30+ million on stabilized and near-stabilized multi-family, industrial, life science and grocery-anchored retail properties.
  • Nomura Introduces Nomura Capital Management as Firm Refines Focus on Investment Management Business in the Americas
    March 11, 2024
    Nomura Holdings, Inc has realigned the firm’s collective asset and investment management capabilities in the Americas under the new brand Nomura Capital Management LLC (NCM). The new brand is a subsidiary of Nomura Holding America Inc. (NHA) and will integrate Nomura Group’s public and private credit offerings to maximize the firm’s growth opportunities and to better serve institutional and intermediary clients in the Americas.
  • New Jersey Security Firm Secures a $1,500,000 Line for Business Expansion from Prestige Capital
    March 11, 2024
    A New Jersey-based security company, committed to providing safety to inner-city housing developments, sought funds to fuel their business expansion. Presented with promising opportunities to undertake new contracts, the company needed additional resources to hire additional security guards and meet the growing demand for their services.
  • Gateway Trade Funding Completes 17 Stretch Finance Transactions Totaling More Than $2,100,000
    March 12, 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 $130,000 facility for a Canadian commercial shelving displays, furnishings and equipment company and a $65,000 facility for a US family owned and operated logistics company.
  • Wolters Kluwer and Informed.IQ collaborate on AI-driven Document Intelligence to Enhance Vehicle Lending Lifecycle
    March 12, 2024
    In its work to help simplify and streamline the complex landscape of automotive financing, Wolters Kluwer Compliance Solutions has agreed with Informed.IQ to distribute an automated technology solution that modernizes the vehicle lending lifecycle by using digitized processes and artificial intelligence (AI). The offering utilizes Wolters Kluwer’s market-leading eVault capabilities with Informed.IQ’s AI copilot solution to review, validate, and store financing documents.
  • Garrington Capital Provides $700,000 Term Loan to Support Growth of Surgical Center
    March 12, 2024
    Garrington Capital, a leading provider of capital solutions to middle- market companies in the United States and Canada, is pleased to announce it has funded a $700,000 term loan (the “Loan”) to a support the buildout of a Cincinnati-based surgical center and purchase of equipment.
  • Aligned Data Centers and Blackstone Credit & Insurance Announce Financing Relationship
    March 12, 2024
    -Blackstone Credit & Insurance (“BXCI”) and Aligned Data Centers, a leading technology infrastructure company offering innovative, sustainable, and adaptive Scale Data Centers and Build-to-Scale solutions for global hyperscale and enterprise customers, today announced a new strategic partnership. Blackstone has provided an initial $600 million senior secured credit facility to support the development of Aligned’s newest and largest data center in West Jordan, Utah.
  • Taiga Secures Additional Working Capital Facility with Export Development Canada and Provides Production Update
    March 12, 2024
    Taiga Motors Corporation (TSX: TAIG) ("Taiga" or the "Company"), a leading electric off-road vehicle manufacturer, today announced that Export Development Canada ("EDC") has agreed to upsize its existing senior secured credit facility available to Taiga by providing up to approximately $5.25 million of additional funding (the "Upsized EDC Credit Facility") for working capital and general corporate purposes through an amended and restated loan agreement (the "A&R Loan Agreement"), such as supporting its omnichannel retail and dealer network growth.
  • Rosenberg and Fecci Consulting Promotes Jessica Brown to Partner
    March 12, 2024
    It is with great pleasure and excitement that Rosenberg & Fecci announce Jessica's elevation to a new role at Rosenberg and Fecci Consulting LLC (R&F) as a partner. With over 12 years of invaluable experience as a field examiner and leader within our firm, Jessica embodies the qualities of excellence, dedication, and innovation that defines Rosenberg and Fecci.
  • Heron Finance Completes Rollout, Becomes First On-Chain Platform to Offer Access to Sought-After Private Credit Deals via Standard Bank Accounts
    March 12, 2024
    Heron Finance, an SEC-registered investment advisor (“RIA”), announced it has completed its rollout, and has begun accepting investments to build automated private credit portfolios via digital wallets and, for the first time, standard bank accounts.
  • Morrison Foerster Adds Prominent Restructuring Partner Doug Mannal in New York
    March 12, 2024
    Morrison Foerster, a leading global law firm, is pleased to announce the arrival of Doug Mannal as a partner in the firm’s Business Restructuring + Insolvency Group in the Transactions Department, based in the New York office. Mannal brings over 20 years of experience spanning all aspects of restructuring to the firm, with a particular focus on representing creditors, including official committees of unsecured creditors, as well as ad hoc groups of funds in distressed situations – both in and out of court.
  • Sound Credit Union and Washington Business Bank Announce Acquisition Agreement
    March 12, 2024
    Sound Credit Union, a leading not-for-profit financial institution serving Washington State, and Washington Business Bank (OTCPK: WBZB), a premier commercial bank headquartered in Olympia, Washington, announced today they have entered into a definitive agreement in which Sound Credit Union will acquire Washington Business Bank.
  • Houlihan Lokey Expands Healthcare Capital Markets Capabilities With Experienced Hire
    March 12, 2024
    Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, announced today that Brent Shepherd has joined as a Managing Director in its Capital Markets Group. Based in Chicago, Mr. Shepherd will co-lead the firm’s Healthcare Capital Markets efforts alongside Managing Director Neha Shah.
  • Republic Business Credit Provides $8.0 Million Asset-Based Loan to Aftermarket Automotive Supplier ​
    March 12, 2024
    When a California-based aftermarket automotive supplier needed to increase its working capital after acquiring a competitor, Republic stepped in to provide more availability and a larger credit facility to support its cashflow.
  • SFNet Submits Letter in Opposition to Illinois Financial Disclosure Legislation
    March 12, 2024
    SFNet has submitted a comment letter opposing the Illinois commercial finance disclosure legislation, which is similar to New York’s law, but has the additional requirements of licensing and a database.
  • Hilco Streambank Announces Internal Reorganization and Executive Promotions
    March 12, 2024
    Hilco Streambank, a leading advisory firm specializing in intangible asset disposition, valuation, and a leading market player for digital assets and services, today announced significant changes to its organizational structure and key executive promotions.
  • Gibraltar Business Capital Provides $20MM to Second-Generation Honey Company
    March 11, 2024
    GloryBee Natural Sweeteners, a family-owned business based in Oregon, is dedicated to ethically sourcing, processing, and packing high-quality honey and other sweeteners primarily used as ingredients. The company, having invested in a state-of-the-art manufacturing facility and national expansion, needed a lender that could move quickly to refinance existing bank debt and provide additional liquidity to maximize growth opportunities.
  • Culain Capital Funding Closes $4MM for National Consumer Products Company
    March 11, 2024
    More and more businesses in need of fast, flexible working capital solutions beyond typical bank lending are turning to Culain Capital Funding. The latest is a consumer products company that does business across the country, which recently received a $4MM accounts receivable factoring facility through Culain Capital.
  • InterNex Capital Announces $5 Million Facility to Business Process Outsourcing Company
    March 11, 2024
    InterNex Capital provided a $5 million revolving line of credit to a leading Business Process Outsourcing (BPO) company in the call center space, focused on the tech sector. The BPO company sought an innovative lender that was understanding of the billing cycles in the technology sector and could provide flexibility as AR concentrations shifted between customers.
  • Citizens Advises Ellipse Eye Group in Its Sale to ReFocus Eye Health
    March 11, 2024
    Citizens M&A Advisory announced today that it served as the exclusive financial advisor to Ellipse Eye Group, LLC on its sale to ReFocus Eye Health, a portfolio company of Zenyth Partners.
  • Cory Gitt Joins BridgeCore Capital as Managing Director, Loan Originations
    March 11, 2024
    BridgeCore Capital, Inc. today announced that Cory Gitt has joined the firm as Managing Director, Loan Originations. In this role, Gitt will be responsible for overseeing loan originations for BridgeCore’s recently launched, nationwide program for middle-market loans ranging from $5 million to $30+ million on stabilized and near-stabilized multi-family, industrial, life science and grocery-anchored retail properties.
  • Nomura Introduces Nomura Capital Management as Firm Refines Focus on Investment Management Business in the Americas
    March 11, 2024
    Nomura Holdings, Inc has realigned the firm’s collective asset and investment management capabilities in the Americas under the new brand Nomura Capital Management LLC (NCM). The new brand is a subsidiary of Nomura Holding America Inc. (NHA) and will integrate Nomura Group’s public and private credit offerings to maximize the firm’s growth opportunities and to better serve institutional and intermediary clients in the Americas.
  • New Jersey Security Firm Secures a $1,500,000 Line for Business Expansion from Prestige Capital
    March 11, 2024
    A New Jersey-based security company, committed to providing safety to inner-city housing developments, sought funds to fuel their business expansion. Presented with promising opportunities to undertake new contracts, the company needed additional resources to hire additional security guards and meet the growing demand for their services.
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