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LSQ Creates AR Finance Facility for Plastics Recycler
September 20, 2023LSQ, a leading provider of working capital and payments management solutions, recently originated a $5 million credit facility for an automotive parts producer. The manufacturer had been struggling to meet its obligations to its suppliers and had to find additional liquidity.
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Kristyn Scott Joins Mitsubishi HC Capital America as Director of Capital Markets
September 20, 2023Mitsubishi HC Capital America, the largest non-bank, non-captive finance provider in North America with $7.5 billion in owned and managed assets, is pleased to announce that Kristyn Scott has recently joined the company as Director of Capital Markets.
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First Business Bank’s Asset-Based Lending Group Funds $12 Million Credit Facility For Refinance
September 20, 2023Michael Doyle, vice president – Asset-Based Lending at First Business Specialty Finance, LLC, a subsidiary of First Business Bank, announces a recently closed and funded $12,000,000 revolving line of credit, equipment term loan, and equipment CapEx line for an oilfield service company in Texas.
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SLR Credit Solutions Agents $40.0MM Credit Facility for Bargain Hunt›
September 19, 2023SLR Credit Solutions (“SLR CS”) announced the closing of a $40,000,000 senior credit facility comprising a revolver and term loan for Essex Technology Group, LLC (dba Bargain Hunt or “the Company”).
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Neuberger Berman High Yield Strategies Fund Announces Leverage Refinancing
September 19, 2023Neuberger Berman High Yield Strategies Fund Inc. (NYSE American: NHS) (the "Fund") announced today that it has successfully refinanced its leverage by entering into a new revolving debt financing facility ("Revolving Credit Facility") with a major unaffiliated financial institution.
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Mercer International Inc. Announces Plans to Issue $200 Million of Senior Notes in Private Offering
September 19, 2023Mercer International Inc. (Nasdaq: MERC) (the "Company") today announced that it intends to offer for sale (the "Offering") $200.0 million in aggregate principal amount of senior notes due 2028 (the "2028 Notes").
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Dave Amends Credit Facility to Increase Capacity and Advance Rate, Reduce Cost of Funds, and Extend Maturity
September 19, 2023Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation’s leading neobanks, has amended its existing Delayed Draw Senior Secured Loan Facility (the “Credit Facility”) with Victory Park Capital Advisors, LLC (“VPC”), effective September 13, 2023.
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Concord Serves as Exclusive Financial Advisor and Arranges $20MM in Senior Debt Financing for Global Company
September 19, 2023The Company is a leading innovator and provider of services and solutions for intelligent transportation systems in North America, and is one of the top four companies in their space in the U.S.
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CohnReznick Takes Root in the Rocky Mountain Region with New Denver Office
September 19, 2023CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that it is opening an office in Denver, Colorado to house a growing team of professionals in the area.
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Wintrust Business Credit Announces the Closing of a New $7 Million ABL Line of Credit To Support Acquisition of Leading Seafood Distributor
September 19, 2023Wintrust Business Credit (WBC) is happy to announce the closing of a new $7 million asset-based line of credit to support the acquisition of a Minnesota-based distributor of fresh and frozen seafood.
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Gridiron Capital Continues to Expand Investment Team
September 19, 2023Gridiron Capital, LLC (“Gridiron Capital”), an investment firm focused on partnering with founders, entrepreneurs, and management teams, is pleased to welcome Hailey Wynn and Scott Voigt to the firm as Associates. Gridiron continues to prioritize investing in its internal capabilities and adding strong talent across all levels of its team.
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Horizon Technology Finance Management Expands Origination Team
September 19, 2023Horizon Technology Finance Management LLC ("Horizon"), the manager and investment adviser for Horizon Technology Finance Corporation (NASDAQ: HRZN) and an affiliate of Monroe Capital, today announced that it has hired Paul A. D'Agrosa as Vice President, Business Development. Horizon underwrites and manages secured loans made to companies in the technology, life science, healthcare information and services, and sustainability industries.
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SLR Welcomes Chris York as a Partner
September 19, 2023SLR Capital Partners, LLC ("SLR"), a private credit platform specializing in direct lending to U.S. middle market companies, announces that Chris York has joined the firm as a Partner. York will focus on product and business development, leveraging his 17 years of experience in the credit and alternatives investment industry.
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Gibraltar Provides $13MM to Custom Game Manufacturer USAopoly
September 18, 2023Traditional, regulated lending environments are often too restrictive for the evolving needs of certain businesses, including those impacted by seasonal fluctuations. Consequently, in preparation for their upcoming peak season, the team at USAopoly sought a more adaptable solution to their financing needs – and quickly.
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SLR Business Credit Adds Bouville as SVP of Business Development
September 18, 2023SLR Business Credit (SLRBC) is pleased to announce that François Bouville has joined the company as Senior Vice President of Business Development. François Bouville started his career with a global bank in Liberia and ran the national sales force at the oldest life insurance company in the United Kingdom.
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Gannett Announces Additional Debt Reduction
September 18, 2023Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE: GCI) announced today it has repurchased approximately $15.0 million of 6.00% first lien notes due November 1, 2026 (the “2026 Senior Notes”) for approximately $13.1 million, representing a discount to par value.
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Austin Financial Services Closed a $2.5MM ABL Facility to a Texas Based Distributor of High-Quality Products Used in The Residential and Commercial Building Market
September 18, 2023Austin Financial Services, Inc. (AFS) is pleased to announce the closing of a $2.5MM credit facility to a distributor of foam, resin and other products sold to major retailers and used by builders/contractors in the residential & commercial market.
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SLR Digital Finance Closes $3 Million ABL Facility for Video Ad Tech Company
September 18, 2023SLR Digital Finance LLC (“SLR Digital Finance”) announces the funding of an asset-based revolving credit facility for a video advertising technology company.
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Big Cypress Capital, an SB360 Affiliate, 4 Rivers Property Group, and Declaration Partners Form Joint Venture to Develop Self-Storage Facilities in Southeast US
September 18, 2023Big Cypress Capital, an SB360 Capital Partners affiliate, along with 4 Rivers Property Group and Declaration Partners (the “Partnership”), recently announced the formation of a joint venture to develop ground-up Class A self-storage facilities in high-growth markets throughout the Southeastern US.
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Rosenthal Closes Multiple Factoring and Asset Based Lending Deals With Popular Food & Beverage Brands
September 18, 2023Rosenthal & Rosenthal, Inc., the leading factoring, asset based lending, purchase order financing, d2c and e-commerce inventory financing firm in the United States, today announced the completion of several factoring and asset based lending deals for food & beverage companies.
-
LSQ Creates AR Finance Facility for Plastics Recycler
September 20, 2023LSQ, a leading provider of working capital and payments management solutions, recently originated a $5 million credit facility for an automotive parts producer. The manufacturer had been struggling to meet its obligations to its suppliers and had to find additional liquidity.
-
Kristyn Scott Joins Mitsubishi HC Capital America as Director of Capital Markets
September 20, 2023Mitsubishi HC Capital America, the largest non-bank, non-captive finance provider in North America with $7.5 billion in owned and managed assets, is pleased to announce that Kristyn Scott has recently joined the company as Director of Capital Markets.
-
First Business Bank’s Asset-Based Lending Group Funds $12 Million Credit Facility For Refinance
September 20, 2023Michael Doyle, vice president – Asset-Based Lending at First Business Specialty Finance, LLC, a subsidiary of First Business Bank, announces a recently closed and funded $12,000,000 revolving line of credit, equipment term loan, and equipment CapEx line for an oilfield service company in Texas.
-
SLR Credit Solutions Agents $40.0MM Credit Facility for Bargain Hunt›
September 19, 2023SLR Credit Solutions (“SLR CS”) announced the closing of a $40,000,000 senior credit facility comprising a revolver and term loan for Essex Technology Group, LLC (dba Bargain Hunt or “the Company”).
-
Neuberger Berman High Yield Strategies Fund Announces Leverage Refinancing
September 19, 2023Neuberger Berman High Yield Strategies Fund Inc. (NYSE American: NHS) (the "Fund") announced today that it has successfully refinanced its leverage by entering into a new revolving debt financing facility ("Revolving Credit Facility") with a major unaffiliated financial institution.
-
Mercer International Inc. Announces Plans to Issue $200 Million of Senior Notes in Private Offering
September 19, 2023Mercer International Inc. (Nasdaq: MERC) (the "Company") today announced that it intends to offer for sale (the "Offering") $200.0 million in aggregate principal amount of senior notes due 2028 (the "2028 Notes").
-
Dave Amends Credit Facility to Increase Capacity and Advance Rate, Reduce Cost of Funds, and Extend Maturity
September 19, 2023Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation’s leading neobanks, has amended its existing Delayed Draw Senior Secured Loan Facility (the “Credit Facility”) with Victory Park Capital Advisors, LLC (“VPC”), effective September 13, 2023.
-
Concord Serves as Exclusive Financial Advisor and Arranges $20MM in Senior Debt Financing for Global Company
September 19, 2023The Company is a leading innovator and provider of services and solutions for intelligent transportation systems in North America, and is one of the top four companies in their space in the U.S.
-
CohnReznick Takes Root in the Rocky Mountain Region with New Denver Office
September 19, 2023CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that it is opening an office in Denver, Colorado to house a growing team of professionals in the area.
-
Wintrust Business Credit Announces the Closing of a New $7 Million ABL Line of Credit To Support Acquisition of Leading Seafood Distributor
September 19, 2023Wintrust Business Credit (WBC) is happy to announce the closing of a new $7 million asset-based line of credit to support the acquisition of a Minnesota-based distributor of fresh and frozen seafood.
-
Gridiron Capital Continues to Expand Investment Team
September 19, 2023Gridiron Capital, LLC (“Gridiron Capital”), an investment firm focused on partnering with founders, entrepreneurs, and management teams, is pleased to welcome Hailey Wynn and Scott Voigt to the firm as Associates. Gridiron continues to prioritize investing in its internal capabilities and adding strong talent across all levels of its team.
-
Horizon Technology Finance Management Expands Origination Team
September 19, 2023Horizon Technology Finance Management LLC ("Horizon"), the manager and investment adviser for Horizon Technology Finance Corporation (NASDAQ: HRZN) and an affiliate of Monroe Capital, today announced that it has hired Paul A. D'Agrosa as Vice President, Business Development. Horizon underwrites and manages secured loans made to companies in the technology, life science, healthcare information and services, and sustainability industries.
-
SLR Welcomes Chris York as a Partner
September 19, 2023SLR Capital Partners, LLC ("SLR"), a private credit platform specializing in direct lending to U.S. middle market companies, announces that Chris York has joined the firm as a Partner. York will focus on product and business development, leveraging his 17 years of experience in the credit and alternatives investment industry.
-
Gibraltar Provides $13MM to Custom Game Manufacturer USAopoly
September 18, 2023Traditional, regulated lending environments are often too restrictive for the evolving needs of certain businesses, including those impacted by seasonal fluctuations. Consequently, in preparation for their upcoming peak season, the team at USAopoly sought a more adaptable solution to their financing needs – and quickly.
-
SLR Business Credit Adds Bouville as SVP of Business Development
September 18, 2023SLR Business Credit (SLRBC) is pleased to announce that François Bouville has joined the company as Senior Vice President of Business Development. François Bouville started his career with a global bank in Liberia and ran the national sales force at the oldest life insurance company in the United Kingdom.
-
Gannett Announces Additional Debt Reduction
September 18, 2023Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE: GCI) announced today it has repurchased approximately $15.0 million of 6.00% first lien notes due November 1, 2026 (the “2026 Senior Notes”) for approximately $13.1 million, representing a discount to par value.
-
Austin Financial Services Closed a $2.5MM ABL Facility to a Texas Based Distributor of High-Quality Products Used in The Residential and Commercial Building Market
September 18, 2023Austin Financial Services, Inc. (AFS) is pleased to announce the closing of a $2.5MM credit facility to a distributor of foam, resin and other products sold to major retailers and used by builders/contractors in the residential & commercial market.
-
SLR Digital Finance Closes $3 Million ABL Facility for Video Ad Tech Company
September 18, 2023SLR Digital Finance LLC (“SLR Digital Finance”) announces the funding of an asset-based revolving credit facility for a video advertising technology company.
-
Big Cypress Capital, an SB360 Affiliate, 4 Rivers Property Group, and Declaration Partners Form Joint Venture to Develop Self-Storage Facilities in Southeast US
September 18, 2023Big Cypress Capital, an SB360 Capital Partners affiliate, along with 4 Rivers Property Group and Declaration Partners (the “Partnership”), recently announced the formation of a joint venture to develop ground-up Class A self-storage facilities in high-growth markets throughout the Southeastern US.
-
Rosenthal Closes Multiple Factoring and Asset Based Lending Deals With Popular Food & Beverage Brands
September 18, 2023Rosenthal & Rosenthal, Inc., the leading factoring, asset based lending, purchase order financing, d2c and e-commerce inventory financing firm in the United States, today announced the completion of several factoring and asset based lending deals for food & beverage companies.
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