-
Furniture-maker Noble House Falls Into bankruptcy, Owes Overseas Suppliers Millions
September 25, 2023The company, which sells to some of the largest U.S. retailers, suffered from rising costs and disruptions in its supply chain.
-
Siena Lending Group LLC Demonstrates Canada Lending Capabilities With the Closing of a $20 Million Credit Facility for a Specialty Aerospace Manufacturer
September 25, 2023Siena Lending Group LLC ("Siena") announces the completion of a $20 million asset-based revolving line of credit for a privately held aerospace manufacturer (“AM”) headquartered in Ontario, Canada. The facility was established to repay certain existing shareholder debt and to support the company’s future working capital needs.
-
Parent Companies of Cape Cod 5 and Fidelity Bank Agree to Combine Under One Holding Company
September 25, 2023Cape Cod 5, headquartered in Hyannis, MA, and Fidelity Bank, headquartered in Leominster, MA, today announced that they have reached an agreement to merge their respective mutual holding companies under one multi-bank holding company, Mutual Bancorp, subject to regulatory approval.
-
InterNex Capital Announces $1.5 Million Facility to Staffing Company
September 25, 2023InterNex Capital provided a $1.5 million facility to a Pennsylvania-based staffing company that provides consultants to Fortune 500 companies. The client sought to replace their existing combination of small lenders. Additionally, Client needed a working capital partner that could provide more flexible credit limits.
-
Encina Lender Finance Provides $25,000,000 Senior Credit Facility for Sparrow Financial
September 25, 2023Encina Lender Finance, LLC (ELF) announced today the closing of an inaugural $25,000,000 senior credit facility for Sparrow Financial. Headquartered in Las Vegas, Sparrow is a fintech startup lending to consumers nationwide.
-
Amerisource Closes $14,000,000 Recapitalization and Working Capital Facility for Energy Firm
September 25, 2023Amerisource Business Capital announced the closing and funding of a $14,000,000 working capital facility for a Texas-based provider of wireline solutions to the U.S. energy industry.
-
Sprott Private Resource Lending Fund III Completes Final Closing
September 25, 2023Sprott Inc. (“Sprott” or the “Company”) (NYSE/TSX:SII) today announced that Sprott Private Resource Lending Fund III (“Fund III”) has completed its final closing. With the close of Fund III, total assets under management of Sprott Resource Lending Corp (“SRLC”) stands at U.S.$1.5 billion within the Company’s private strategies segment.
-
Rite Aid Plans to Shut Down Hundreds of Stores in Bankruptcy, Wall Street Journal Reports
September 25, 2023Rite Aid (RAD.N) is negotiating with creditors over the terms of a bankruptcy plan that would include liquidating a substantial portion of its more than 2,100 drugstores, the Wall Street Journal reported on Friday, citing people familiar with the talks.
-
Madison Square Garden Entertainment (MSGE) Increases Revolving Credit Facility to $150M from $50M
September 25, 2023On September 15, 2023, MSG National Properties, LLC (“National Properties”), a wholly-owned direct subsidiary of MSG Entertainment Holdings, LLC, a wholly-owned direct subsidiary of the registrant, Madison Square Garden Entertainment (NYSE: MSGE)., entered into Amendment No. 3 to Credit Agreement (the “National Properties Amendment”) to the Credit Agreement, dated as of June 30, 2022, as amended by Amendment No. 1 to Credit Agreement and Waiver, dated as of April 18, 2023
-
Carl Bretzman Joins Mitsubishi HC Capital America to Further Expand Industrial Relationships
September 25, 2023Mitsubishi HC Capital America, the largest non-bank, non-captive finance provider in North America with more than $7.5B in owned and managed assets, announces that industry veteran Carl Bretzman has joined the company to manage and grow business development initiatives in its Industrial Finance division.
-
Webster Appoints Kristy Berner as Executive Vice President, General Counsel and Corporate Secretary
September 25, 2023Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A. and its HSA Bank division, announced today that Kristy Berner has been appointed Executive Vice President, General Counsel and Corporate Secretary of Webster Financial Corporation and Webster Bank. She will lead all of Webster’s corporate legal services.
-
WithSecure Corporation has Signed a Committed EUR 20 Million Revolving Credit Facility
September 25, 2023WithSecure Corporation has signed a new committed EUR 20 million revolving credit facility (RCF) with OP Corporate Bank.
-
Texas Capital Appoints Amos McDonald to Lead Business Banking
September 25, 2023Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital, today announced that the firm has appointed Amos McDonald as head of Business Banking, effective immediately.
-
American Physician Partners Files for Bankruptcy Protection
September 21, 2023American Physician Partners, a medical staffing company based in Brentwood, Tenn., has filed for Chapter 11 bankruptcy protection as it winds down its business.
-
Nauticus Robotics Announces Term Loan Financing of up to $20 Million
September 21, 2023Nauticus Robotics, Inc. ("Nauticus" or the "Company") (NASDAQ: KITT), a developer of ocean robots and artificial intelligence for autonomous services to the offshore industries, today announced it has entered into a senior secured term loan agreement (the "Term Loan Agreement") with existing stakeholders, Transocean (NYSE: RIG), ATW Partners, Material Impact, and RCB Equities (collectively, the "Lenders").
-
PlainsCapital Bank Welcomes Kaley Lilley to Westlake Lending Group
September 21, 2023PlainsCapital Bank recently announced that Kaley Lilley has joined its Westlake lending group as senior vice president, commercial loan officer with the Bank’s Westlake commercial banking team at 2705 Bee Caves Road.
-
North Mill Announces $456 Million Term Securitization
September 21, 2023North Mill Equipment Finance LLC (“NMEF”), a leading independent commercial equipment lender located in Norwalk, Connecticut, announced the closing of its seventh asset-backed securitization (ABS), NMEF Funding 2023-A (“NMEF 2023-A”).
-
Kyriba to Provide RBC with Cloud-Based Payables and Receivables Finance Solution as the Bank Expands Supply Chain Finance Offerings for Canadian Enterprises
September 21, 2023Kyriba’s solution will be used by the bank to expand on its ability to provide its Canadian commercial clients with integrated and enhanced working capital solutions
-
Star Mountain Capital Adds Former Blackstone Director, Michael Goldstein to Portfolio Management Team
September 21, 2023Star Mountain Capital, a rapidly growing employee-owned specialized investment firm with approximately $3.5 billion AUM, focused on delivering systematic alpha and low market correlated returns from the lower middle-market, announced that Michael Goldstein, former executive at Blackstone and KKR, joins as a Director focused on portfolio management.
-
The Brattle Group Welcomes David W. Prager as Principal and Co-Leader of its Bankruptcy & Restructuring Practice
September 21, 2023The Brattle Group has welcomed David W. Prager as a Principal and Co-Leader of its Bankruptcy & Restructuring practice. Based in Brattle's New York office, Mr. Prager brings over two decades of experience as a financial advisor, restructuring consultant, and expert witness in complex commercial litigations.
-
Furniture-maker Noble House Falls Into bankruptcy, Owes Overseas Suppliers Millions
September 25, 2023The company, which sells to some of the largest U.S. retailers, suffered from rising costs and disruptions in its supply chain.
-
Siena Lending Group LLC Demonstrates Canada Lending Capabilities With the Closing of a $20 Million Credit Facility for a Specialty Aerospace Manufacturer
September 25, 2023Siena Lending Group LLC ("Siena") announces the completion of a $20 million asset-based revolving line of credit for a privately held aerospace manufacturer (“AM”) headquartered in Ontario, Canada. The facility was established to repay certain existing shareholder debt and to support the company’s future working capital needs.
-
Parent Companies of Cape Cod 5 and Fidelity Bank Agree to Combine Under One Holding Company
September 25, 2023Cape Cod 5, headquartered in Hyannis, MA, and Fidelity Bank, headquartered in Leominster, MA, today announced that they have reached an agreement to merge their respective mutual holding companies under one multi-bank holding company, Mutual Bancorp, subject to regulatory approval.
-
InterNex Capital Announces $1.5 Million Facility to Staffing Company
September 25, 2023InterNex Capital provided a $1.5 million facility to a Pennsylvania-based staffing company that provides consultants to Fortune 500 companies. The client sought to replace their existing combination of small lenders. Additionally, Client needed a working capital partner that could provide more flexible credit limits.
-
Encina Lender Finance Provides $25,000,000 Senior Credit Facility for Sparrow Financial
September 25, 2023Encina Lender Finance, LLC (ELF) announced today the closing of an inaugural $25,000,000 senior credit facility for Sparrow Financial. Headquartered in Las Vegas, Sparrow is a fintech startup lending to consumers nationwide.
-
Amerisource Closes $14,000,000 Recapitalization and Working Capital Facility for Energy Firm
September 25, 2023Amerisource Business Capital announced the closing and funding of a $14,000,000 working capital facility for a Texas-based provider of wireline solutions to the U.S. energy industry.
-
Sprott Private Resource Lending Fund III Completes Final Closing
September 25, 2023Sprott Inc. (“Sprott” or the “Company”) (NYSE/TSX:SII) today announced that Sprott Private Resource Lending Fund III (“Fund III”) has completed its final closing. With the close of Fund III, total assets under management of Sprott Resource Lending Corp (“SRLC”) stands at U.S.$1.5 billion within the Company’s private strategies segment.
-
Rite Aid Plans to Shut Down Hundreds of Stores in Bankruptcy, Wall Street Journal Reports
September 25, 2023Rite Aid (RAD.N) is negotiating with creditors over the terms of a bankruptcy plan that would include liquidating a substantial portion of its more than 2,100 drugstores, the Wall Street Journal reported on Friday, citing people familiar with the talks.
-
Madison Square Garden Entertainment (MSGE) Increases Revolving Credit Facility to $150M from $50M
September 25, 2023On September 15, 2023, MSG National Properties, LLC (“National Properties”), a wholly-owned direct subsidiary of MSG Entertainment Holdings, LLC, a wholly-owned direct subsidiary of the registrant, Madison Square Garden Entertainment (NYSE: MSGE)., entered into Amendment No. 3 to Credit Agreement (the “National Properties Amendment”) to the Credit Agreement, dated as of June 30, 2022, as amended by Amendment No. 1 to Credit Agreement and Waiver, dated as of April 18, 2023
-
Carl Bretzman Joins Mitsubishi HC Capital America to Further Expand Industrial Relationships
September 25, 2023Mitsubishi HC Capital America, the largest non-bank, non-captive finance provider in North America with more than $7.5B in owned and managed assets, announces that industry veteran Carl Bretzman has joined the company to manage and grow business development initiatives in its Industrial Finance division.
-
Webster Appoints Kristy Berner as Executive Vice President, General Counsel and Corporate Secretary
September 25, 2023Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A. and its HSA Bank division, announced today that Kristy Berner has been appointed Executive Vice President, General Counsel and Corporate Secretary of Webster Financial Corporation and Webster Bank. She will lead all of Webster’s corporate legal services.
-
WithSecure Corporation has Signed a Committed EUR 20 Million Revolving Credit Facility
September 25, 2023WithSecure Corporation has signed a new committed EUR 20 million revolving credit facility (RCF) with OP Corporate Bank.
-
Texas Capital Appoints Amos McDonald to Lead Business Banking
September 25, 2023Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital, today announced that the firm has appointed Amos McDonald as head of Business Banking, effective immediately.
-
American Physician Partners Files for Bankruptcy Protection
September 21, 2023American Physician Partners, a medical staffing company based in Brentwood, Tenn., has filed for Chapter 11 bankruptcy protection as it winds down its business.
-
Nauticus Robotics Announces Term Loan Financing of up to $20 Million
September 21, 2023Nauticus Robotics, Inc. ("Nauticus" or the "Company") (NASDAQ: KITT), a developer of ocean robots and artificial intelligence for autonomous services to the offshore industries, today announced it has entered into a senior secured term loan agreement (the "Term Loan Agreement") with existing stakeholders, Transocean (NYSE: RIG), ATW Partners, Material Impact, and RCB Equities (collectively, the "Lenders").
-
PlainsCapital Bank Welcomes Kaley Lilley to Westlake Lending Group
September 21, 2023PlainsCapital Bank recently announced that Kaley Lilley has joined its Westlake lending group as senior vice president, commercial loan officer with the Bank’s Westlake commercial banking team at 2705 Bee Caves Road.
-
North Mill Announces $456 Million Term Securitization
September 21, 2023North Mill Equipment Finance LLC (“NMEF”), a leading independent commercial equipment lender located in Norwalk, Connecticut, announced the closing of its seventh asset-backed securitization (ABS), NMEF Funding 2023-A (“NMEF 2023-A”).
-
Kyriba to Provide RBC with Cloud-Based Payables and Receivables Finance Solution as the Bank Expands Supply Chain Finance Offerings for Canadian Enterprises
September 21, 2023Kyriba’s solution will be used by the bank to expand on its ability to provide its Canadian commercial clients with integrated and enhanced working capital solutions
-
Star Mountain Capital Adds Former Blackstone Director, Michael Goldstein to Portfolio Management Team
September 21, 2023Star Mountain Capital, a rapidly growing employee-owned specialized investment firm with approximately $3.5 billion AUM, focused on delivering systematic alpha and low market correlated returns from the lower middle-market, announced that Michael Goldstein, former executive at Blackstone and KKR, joins as a Director focused on portfolio management.
-
The Brattle Group Welcomes David W. Prager as Principal and Co-Leader of its Bankruptcy & Restructuring Practice
September 21, 2023The Brattle Group has welcomed David W. Prager as a Principal and Co-Leader of its Bankruptcy & Restructuring practice. Based in Brattle's New York office, Mr. Prager brings over two decades of experience as a financial advisor, restructuring consultant, and expert witness in complex commercial litigations.
© 2025 Secured Finance Network

.jpg?sfvrsn=f1093d2a_0)
