Bastion Management ("Bastion"), a private investment firm focused on asset-based lending in the specialty finance sector, announced today that it agented a senior debt investment of $50 million in Cashco Financial ("Cashco") to refinance an existing senior lender and fund future growth of their Canadian consumer lending portfolio.

Often the first to feel the effects of inflation and economic volatility, small business owners are optimistic about their businesses, even as economic challenges remain. KeyBank's 2024 Small Business Survey found that 65% of small business owners feel confident they could fund their operating expenses for one month with their cash reserves, if an unexpected need arose.

James Canepa joined Sunflower Bank in April 2024 to lead the new teams as Executive Vice President & Regional President. In this role, Canepa is responsible for the strategy, management and growth of Sunflower Bank’s commercial banking, private banking and wealth management services in greater Los Angeles, Riverside, San Bernadino, Orange and San Diego Counties.

Global business advisory firm EisnerAmper announces that the partners and colleagues of Boston, Massachusetts-based CPA firm Edelstein & Company, LLP, are joining EisnerAmper in a combination expected to close in June 2024.

SVB Financial Group (Pink Sheets: SIVBQ) today announced that it has entered into a definitive agreement under which a newly created entity affiliated with Pinegrove Capital Partners ("Pinegrove") and backed by permanent capital from Brookfield Asset Management ("Brookfield") and Sequoia Heritage, will acquire the Company's investment platform business, SVB Capital.

Christopher J Murphy III, Chairman and CEO of 1st Source Corporation and Chairman of 1st Source Bank announced today that as part of 1st Source’s long-term succession planning, the Board of 1st Source promoted Andrea G. Short to President of 1st Source Corporation.

Encina Lender Finance, LLC announced today that it has closed a $25 million senior credit facility for a consumer unsecured installment lending platform with a 20+ year track record.

Davis Polk today announced that prominent leveraged finance practitioner Luke McDougall will join the firm as a partner in the Finance practice based in London.

eCapital Corp. (“eCapital”), a leading tech-enabled finance provider specializing in tailored solutions for businesses across North America and the United Kingdom, is pleased to announce the closing of a $5 million non-notification ledger line factoring facility for a private equity-backed medical supply company.

Gridiron Capital, LLC (“Gridiron Capital” or “Gridiron”), an investment firm focused on partnering with founders, entrepreneurs, and management teams, is pleased to announce that Hank Barrett has been promoted to Vice President.

Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility and equity co-investment to support the acquisition of LidoChem, Inc. (“LidoChem”) by Valudor Products, LLC (“Valudor Products”).

Ann Huynh has joined Getzler Henrich & Associates LLC, (getzlerhenrich.com), one of the nation’s oldest and most respected middle-market corporate restructuring and operations improvement firms, as a Managing Director and Co-Head of the firm’s Houston office.

Alleon Healthcare Capital (“Alleon”), a specialty finance company focused on providing healthcare accounts receivable financing, medical accounts receivable factoring, and cash flow solutions to medical providers in the U.S., recently closed a $1,000,000 accounts receivable factoring facility with a home infusion nursing company in New York (“Company”).

Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, announced today that Erik Kistler has joined the firm’s Healthcare Group as a Managing Director. Based in New York, Mr. Kistler will cover selected areas within healthcare retail multi-site, physician practices, and pharma services.

Global law firm Clifford Chance has hired Chang-Do Gong to join its US Mergers and Acquisitions practice. Gong brings 25 years of public and private M&A experience across a wide spectrum of industries including energy and infrastructure, healthcare and life sciences, media and technology.

Cedar Fair, L.P. (NYSE: FUN) (the “Company”), a leader in regional amusement parks, water parks, and immersive entertainment, today announced it has entered into new credit facilities (the “New Credit Facilities”), comprising of a 7-year $1.0 billion senior secured term loan B maturing in 2031 and a new $300 million revolving credit facility maturing in 2028.

SLR Credit Solutions (“SLR CS”) announced the closing of a $50 million senior credit facility comprised of a revolver and term loan for Fluent, Inc. (“Fluent” or the “Company”), a leader in performance marketing, delivering customer acquisition and partner monetization solutions through its digital media portfolio, global commerce partnerships, and proprietary data and tech.

LSQ, a leading provider of working capital and payments management solutions, recently originated a $3.5 million account receivable credit facility for a staffing firm serving the hospitality and IT industries.

The aircraft parts company initially received a PO finance solution from King Trade Capital to help execute upon the purchase and refurbishment of parts to fulfill $18 Million of purchase orders from major US airline and the US government.

CapitalPlus Financial Services, a leader in construction-specific factoring, announced today that it has extended a $250,000 spot factoring working capital facility to a rapidly growing concrete subcontractor based in Arizona. The newly established subcontractor, unable to secure traditional financing, turned to CapitalPlus to support their burgeoning business needs.