Axiom Bank, N.A. announced it has provided a $10 million revolving line of credit for a company that is a purchaser and collection management of medical receivables.

In January 2024, Republic Business Credit financed a $9.0 million revolver and a $3.5 million real estate term loan for a family-owned, Illinois-based food manufacturing company.

J D Factors provided $7,555,000 in new factoring facilities to 26 new clients in the US and Canada during the month of January. Some of these facilities include: a $500,000 factoring facility for a transportation company in South Carolina; $1,500,000 factoring facility for a gas detection sensor manufacturing company in Nevada.

Mike Colloton, Vice President – Asset-Based Lending at First Business Specialty Finance, LLC, a subsidiary of First Business Bank, announces a recently closed and funded $8,000,000 revolving line of credit, equipment term loan, and a capital expenditure equipment loan to a healthy snack food manufacturer in Wisconsin for restructuring.

Aequum Capital is pleased to announce it recently closed $21,600,000 in credit facilities to a leading logistics and transportation organization providing hauling services to the New Mexico and Rocky Mountain Region. The credit facilities support ongoing working capital needs in the form of a working capital revolver, term loan, and a delayed draw term loan.

PlayAGS, Inc. (NYSE: AGS) ("AGS" or the "Company") today announced it has successfully completed a repricing of its term loan credit facility. Among other things, the repricing removes the credit spread adjustment with respect to term loan borrowings and reduces the interest rate applied to such borrowings to the Secured Overnight Financing Rate (“SOFR”) plus 3.75%.

Otterbourg P.C. is pleased to announce that Sunni P. Beville has joined the firm as a partner in its Restructuring and Bankruptcy Department and as a Co-Leader of its Mass Torts Bankruptcy Practice Group. Ms. Beville comes to Otterbourg from Brown Rudnick, where she was a partner in the Bankruptcy & Corporate Restructuring Practice Group.