CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that Michael Harlow has been named Leader of CohnReznick’s Cannabis Industry practice, effective today. This expands Harlow’s leadership role within the firm as he continues to serve as Co-Practice Director – DC-Metro Tax.

nFusion Capital (the “Company”), a leading commercial finance company to entrepreneurs, recently announced they have sold their transportation factoring portfolio to a leading provider of factoring services for motor carriers and owner-operators. This strategic decision will enable the Company to focus on growing their core portfolios of General Factoring and Asset Based Lending. ​

Umpqua Bank, a subsidiary of Columbia Banking System Inc. (Nasdaq: COLB), today announced the findings of its annual Business Barometer ― an in-depth study of the mood, mindset, and strategic priorities of small and middle market businesses across the U.S. While concerns about the direction of the economy persist, business optimism is rising, and expectations for revenue and profitability are increasing.

Brightwood Capital Advisors, LLC, a private credit firm, announced it has priced Brightwood Capital MM CLO 2023-1 Ltd., a $319 million collateralized loan obligation. This CLO represents the fifth CLO issued by the firm since 2019.

Today, Percent, the innovative private credit platform that has created the modern credit marketplace, announced a new partnership with a multibillion dollar, US based, alternative credit investment manager focused on uncorrelated income-generating assets in niche markets.

King Trade Capital is pleased to provide a seasonal increase to an existing clients PO finance facility in support of their seasonal sales growth into big box retail.

Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that its joint venture with GIC, Singapore's sovereign wealth fund, has successfully completed the refinancing of its $200 million senior credit facility (the "Credit Facility"), which is comprised of a $125 million revolving credit facility (the "$125 Million Revolver") and a $75 million term loan (the "$75 Million Term Loan").

Eco Oro Minerals Corp. (CSE:EOM) (the “Company” or “Eco Oro”) is pleased to announce that it has entered into a credit agreement dated September 19, 2023 (the “Credit Agreement”) with Graywolfe Capital SEZC (the “Lender”) pursuant to which the Company may borrow up to US$6 million from the Lender (the “Facility”).

Standard Chartered Americas (the “Bank”) today announced that it has entered a trade finance partnership with Truist Bank (NYSE: TFC) that will enhance Truist clients’ ability to conduct global business.

Golub Capital acted as Administrative Agent, Left Lead Arranger and Joint Bookrunner on a $3.4 billion unitranche facility for Hyland Software ("Hyland"). The proceeds will be used to refinance Hyland's existing broadly syndicated debt which is made up of a first lien loan, second lien loan and revolving credit facility.

Women’s apparel retailer Soft Surroundings last week filed for Chapter 11 bankruptcy and announced plans to close all 44 of its stores. The company’s remaining assets have been acquired by Coldwater Creek under the ownership of Newtimes Group, which plans to continue to sell Soft Surroundings' apparel and accessories online and via catalogs. Soft Surroundings has secured $18 million in debtor-in-possession financing from liquidation consultancy Gordon Brothers to enable business continuity.

UpHealth, Inc. (“UpHealth,” the “Company”) (NYSE: UPH), a global digital health company delivering technology platforms, infrastructure, and services to modernize care delivery and health management, today announced that its subsidiary, UpHealth Holdings, has filed a voluntary petition for reorganization under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware

Termgrid, the software platform for private capital markets today announced that Anthony Sage has joined as Global Head of Private Credit and Bank Coverage.

Cambridge Bancorp (NASDAQ: CATC) ("Cambridge"), the parent company of Cambridge Trust Company ("Cambridge Trust"), and Eastern Bankshares, Inc. ("Eastern") (NASDAQ Global Select Market: EBC), the stock holding company for Eastern Bank, announced they have entered into a definitive merger agreement pursuant to which Cambridge will merge with and into Eastern in an all-stock transaction valued at approximately $528 million.

U.S. Bank announced today that strategy and marketing executive Kai Sakstrup has been named chief product officer for its Wealth, Corporate, Commercial and Institutional Banking (WCIB) division. Beginning Oct. 1, Sakstrup will lead a cross-functional team in developing and creating new products across the WCIB organization to better serve wealth and institutional clients, commercial businesses and corporations.

Sales growth meant this flourishing oil and gas services business needed additional working capital to fulfill a growing number of orders. With a limited financial history, the banks were reluctant to help and they were referred to Sallyport.

Baker Garrington Capital Corp. announced it originated a $1 million factoring facility for a company in the energy sector based in Texas. Funds were needed for cash flow.

Baker Garrington Capital Corp announced it has provided a $3 million factoring facility to a company in the construction and energy industries, based in Texas. Funds were needed for cash flow.

IMER USA and SLR Equipment Finance announced today that the companies have entered into a strategic partnership that provides custom financing solutions for IMER USA’s end users. ​

Enfusion, Inc. (“Enfusion”) (NYSE: ENFN), a leading provider of cloud-native software-as-a-service (SaaS) solutions for investment managers, announced today that on September 15, 2023, it entered into a new $100 million revolving credit facility.