Wintrust Receivables Finance (WRF) is happy to announce the closing of a new $15 million account receivable line of credit for a Southwest-based, third-party logistics firm. The company focuses on full truckload freight for enterprise shippers from across the country.

Spanish firm Twinco Capital made headlines as it recently secured a €50m facility with BBVA Spark, aiming to enhance its growth trajectory.

The Board of Directors of Morgan Stanley (NYSE: MS) today announced that Co-President Edward (Ted) Pick will become the Firm’s Chief Executive Officer, effective January 1, 2024. James Gorman will become Executive Chairman. Mr. Pick will also join Morgan Stanley’s Board of Directors at that time.

Completed during National Women’s Small Business Month, financing enables the local HVAC company to turbo charge growth by leveraging market gaps

Moore Colson, an award-winning accounting, consulting and advisory firm in Atlanta, recently announced the addition of John Makuch as a Partner in Moore Colson’s Consulting Practice.

Wolters Kluwer, a global leader in professional information, software solutions and services, announced third quarter results and analysis from its Auto Finance Digital Transformation Index, a key resource that tracks the rate at which auto dealers, service providers and lenders are seeing growth in the evolution from paper-based finance back-office processes to digital. Click here to see the complete data report.

A federal judge in Texas issued an order this week that subjects the Consumer Financial Protection Bureau’s (CFPB) 1071 small business lending data collection rule is to a nationwide injunction.

Wells Fargo today announced that its Vice Chairman, Thomas R. Nides, has decided to leave the company to return his attention to events in the Middle East. Nides joined the company in September after retiring in July as U.S. Ambassador to Israel, a post he had held since 2021.

Old National Bancorp (NASDAQ: ONB) (“Old National”) and CapStar Financial Holdings, Inc. (NASDAQ: CSTR) (“CapStar”) jointly announced today that they have entered into a definitive merger agreement for Old National to acquire CapStar in an all-stock transaction.

Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today the final closing of Ares Pathfinder Fund II, L.P. and Ares Pathfinder Fund II (Offshore), L.P. (and together with parallel vehicles, “Pathfinder II” or the “Fund”) at $6.6 billion in commitments.

Flatbay Capital is excited to announce the successful funding of a $2.5 million owner-occupied commercial real estate bridge loan for a family-owned fabricator and supplier of HVAC ductwork.

TerraVest Industries Inc., (TSX: TVK) ("TerraVest" or the "Company") announces today that it has entered into a new credit facility (the "Credit Facility") with a syndicate of lenders comprised of Desjardins Capital Markets acting as sole lead arranger and bookrunner, National Bank of Canada, The Bank of Nova Scotia and the Business Development Bank of Canada.

With over 16 years of banking experience, Knudson most recently served as Regional President and Head of Commercial Banking at PNC Bank in Austin. In that role, he executed the Bank’s local strategic growth initiatives after PNC’s acquisition of BBVA USA in 2021.

According to the second annual BMO Climate Institute Business Leaders Survey, the business impact of climate change is driving more business leaders to think about mitigation plans, especially in the United States. Based on a survey of 700 business leaders in the U.S. and Canada, the 2023 results reveal why companies are increasingly taking action, how they are thinking about climate risk, and the challenges and opportunities they face in their transition to net-zero.

Cahill Gordon & Reindel LLP announced today that Andrew E. Lee, Tristan E. Manley, Juliana Obregon, Javier Ortiz, Matthew E. Rosenthal, Sean R. Tierney and Miles Wiley have been elected to the partnership, effective January 1, 2024.

HealthCare Royalty (“HCRx” or the “Company”), a leading middle market royalty acquisition firm that has raised $7.6 billion in capital since inception, today announced several important firm developments:

Burnham Holdings, Inc. (OTC-Pink: BURCA), the parent company of multiple subsidiaries that are leading domestic manufacturers of boilers and related HVAC products and accessories (including advanced control systems, furnaces, and radiators) for residential, commercial, and industrial applications, announced changes in its funding structure today, including a new revolving credit facility.

MA Financial Group, a North American integrated financial services company specializing in risk management, retail and wholesale insurance brokerage, and wealth management, has entered a strategic partnership with Chicago-based RedRidge, expanding its suite of services for clients engaging in M&A transaction support and lender diligence. The partnership was effective on October 1.

SG Credit Partners, through its SG Consumer Products Division, is thrilled to announce its partnership with the fastest growing kombucha brand in the United States, Brew Dr. Kombucha1. SG is providing debt financing to support Brew Dr.’s brand growth and bring the benefits of tasty and fizzy probiotic tea to people across the country. This announcement comes on the heels of Brew Dr.’s new packaging roll-out and flavor releases earlier this year.

As part of a companywide initiative focused on the development of our teams to support growth and a continuing dedication to the prosperity of our clients, Access Capital is pleased to announce that Natasha Vaughn has been promoted to the position of collateral analyst.