• SunOpta Announces New Credit Agreement
    December 14, 2023
    Bank of America, N.A. is administrative agent, JPMorgan Chase Bank, N.A. acted as syndication agent, and BOFA Securities, Inc. and JPMorgan Chase Bank, N.A. acted as joint lead arrangers and joint bookrunners.
  • Leading Bankruptcy Lawyer Edward M. Fox Joins Emmet, Marvin & Martin, LLP
    December 14, 2023
    Emmet, Marvin & Martin, LLP announced today that Edward M. Fox has joined the firm as a partner in the Creditors' Rights, Workouts, Restructuring and Bankruptcy Group. A nationally recognized bankruptcy lawyer, Mr. Fox brings 38 years of experience representing clients in some of the largest bankruptcy cases in the country.
  • Motorcar Parts of America Extends Credit Facility Maturity With PNC Bank
    December 14, 2023
    -Motorcar Parts of America, Inc. (Nasdaq:MPAA) today announced it has extended the maturity date of the company’s $238.62 million revolver credit facility led by PNC Bank, N.A. to December 2028, with enhancements that provide working capital flexibility, liquidity, and other favorable terms -- including opportunities to benefit from reduced interest rates.
  • Houlihan Lokey Adds Veteran Banker to Industrials Group
    December 14, 2023
    Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, announced today that Rob Kordas has joined the firm as a Managing Director in its Industrials Group. Mr. Kordas is based in Chicago and will lead coverage of the energy field services and equipment sector.
  • Finance Partner Benoit Lavigne Re-joins Ropes & Gray in London
    December 13, 2023
    Benoit Lavigne, a former finance partner at Ropes & Gray, will be re-joining the firm in early January as a partner in its market-leading finance practice, in London. Benoit advises private credit providers and other lenders, as well as borrowers, on a broad range of complex finance matters including acquisition finance, general corporate lending, asset-based lending, restructuring, and workouts.
  • Quicklogic (QUIK) Announces the Amendment and Extension of Credit Facility
    December 13, 2023
    QuickLogic Corporation (NASDAQ: QUIK) ("QuickLogic" or the "Company"), a developer of embedded FPGA (eFPGA) IP, ruggedized FPGAs and Endpoint AI solutions, today announced that, effective December 8, 2023, it entered into a seventh amendment (the "Seventh Amendment") to its amended and restated credit facility, dated as of December 21, 2018 (as amended, the "Credit Agreement") to increase the line of credit and extend the maturity date.
  • SLR Digital Finance Closes $5 Million Credit Facility for Engine Vision Media
    December 13, 2023
    SLR Digital Finance closes $5 million credit facility for Engine Vision Media, owners of Los Angeles magazine, Orange Coast magazine, Pasadena magazine, and Los Angeles Magazine Studios. The facility will support the company’s working capital needs and to fuel growth as they expand their publication footprint nationwide along with their increased efforts in digital, podcasts and long-form content.
  • J D Factors Provides $7.9 Million in New Factoring Facilities to 35 New Clients
    December 13, 2023
    J D Factors provided $7,900,000 in new factoring facilities to 35 new clients in the US and Canada during the month of November. Some of these facilities include: a $300,000 factoring facility for a staffing company in Tennessee and a $250,000 factoring facility for a transportation company in Washington.
  • J D Factors Provides $7.9 Million in New Factoring Facilities to 35 New Clients
    December 13, 2023
    J D Factors provided $7,900,000 in new factoring facilities to 35 new clients in the US and Canada during the month of November. Some of these facilities include: a $300,000 factoring facility for a staffing company in Tennessee and a $250,000 factoring facility for a transportation company in Washington.
  • J D Factors Provides $7.9 Million in New Factoring Facilities to 35 New Clients
    December 13, 2023
    J D Factors provided $7,900,000 in new factoring facilities to 35 new clients in the US and Canada during the month of November. Some of these facilities include: A $500,000 factoring facility for a transportation company in Ohio. A $300,000 factoring facility for a staffing company in Tennessee.
  • J D Factors Provides $7.9 Million in New Factoring Facilities to 35 New Clients
    December 13, 2023
    J D Factors provided $7,900,000 in new factoring facilities to 35 new clients in the US and Canada during the month of November. Some of these facilities include: A $750,000 factoring facility for a transportation company in Illinois and a $500,000 factoring facility for a transportation company in Ohio.
  • J D Factors Provides $7.9 Million in New Factoring Facilities to 35 New Clients
    December 13, 2023
    J D Factors provided $7,900,000 in new factoring facilities to 35 new clients in the US and Canada during the month of November. Some of these facilities include: A $600,000 factoring facility for an apparel company in North Carolina; a $750,000 factoring facility for a transportation company in Illinois.
  • Expansion Capital Group Announces $1 Billion Funding Milestone — Supporting the Expansion of U.S. Small Businesses
    December 13, 2023
    Expansion Capital Group, LLC (“ECG”) is pleased to announce its billionth dollar in funding, reinforcing its mission to support the “Expansion” of America’s Small Businesses with simple and efficient capital. Since inception in 2013, ECG has provided services to over 20,000 small businesses across multiple industries nationwide.
  • SFNet Releases Q4 2023 Market Pulse
    December 13, 2023
    Key findings include: Q3 showed continued economic growth with the GDP expanding by 5.2%, with much of the growth driven by consumer spending. With this as a backdrop, the secured finance industry continued to hold steady in total commitments with a modest 0.2% growth in Q3 relative to Q2 while portfolios remain healthy with non-accruals
  • Encina Private Credit Announces Mike Hensinger as Chief Executive Officer, John Ryan as Chairman
    December 13, 2023
    Encina Private Credit (“EPC”) is pleased to announce Mike Hensinger has been named Chief Executive Officer, effective immediately. Hensinger has also joined the EPC Board of Directors. Mike joined EPC in June 2022 as President and Chief Commercial Officer to lead originations, syndications, and product development where he helped drive double digit growth in the business.
  • Rosenthal Closes Nearly $4 Million In Purchase Order Financing Facilities
    December 13, 2023
    Rosenthal & 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 two purchase order financing transactions totaling $3.75 million.
  • RST Brands Sells as Going Concern After Tiger Group Turnaround
    December 13, 2023
    Outdoor furniture company RST Brands has sold as a going-concern to Surya, the global household furnishings brand, in the latest turnaround by Tiger Group’s Advisory Services division.
  • CIBC Innovation Banking Provides Growth Financing to CourseKey
    December 13, 2023
    CIBC Innovation Banking announced today that it has provided Senior Credit Facilities to CourseKey, a leading student success and retention platform for trade and vocational education programs.
  • FTI Consulting Strengthens Energy & Industrials Business Transformation Practice with Addition of Two Senior Managing Directors
    December 13, 2023
    FTI Consulting, Inc. (NYSE: FCN) today announced the expansion of its Energy & Industrials Business Transformation practice with the appointments of Satish Damodaran and Alejandro Vanags as Senior Managing Directors within the firm’s Corporate Finance & Restructuring segment.
  • Guggenheim Securities Hires Brent Surber to Strengthen its Capital Markets Capabilities
    December 13, 2023
    Guggenheim Securities, the investment banking and capital markets division of Guggenheim Partners, announced today that Brent Surber has joined the firm as a Senior Managing Director to strengthen its capital markets capabilities within its investment banking division. Mr. Surber is based in the firm’s New York office.
  • SunOpta Announces New Credit Agreement
    December 14, 2023
    Bank of America, N.A. is administrative agent, JPMorgan Chase Bank, N.A. acted as syndication agent, and BOFA Securities, Inc. and JPMorgan Chase Bank, N.A. acted as joint lead arrangers and joint bookrunners.
  • Leading Bankruptcy Lawyer Edward M. Fox Joins Emmet, Marvin & Martin, LLP
    December 14, 2023
    Emmet, Marvin & Martin, LLP announced today that Edward M. Fox has joined the firm as a partner in the Creditors' Rights, Workouts, Restructuring and Bankruptcy Group. A nationally recognized bankruptcy lawyer, Mr. Fox brings 38 years of experience representing clients in some of the largest bankruptcy cases in the country.
  • Motorcar Parts of America Extends Credit Facility Maturity With PNC Bank
    December 14, 2023
    -Motorcar Parts of America, Inc. (Nasdaq:MPAA) today announced it has extended the maturity date of the company’s $238.62 million revolver credit facility led by PNC Bank, N.A. to December 2028, with enhancements that provide working capital flexibility, liquidity, and other favorable terms -- including opportunities to benefit from reduced interest rates.
  • Houlihan Lokey Adds Veteran Banker to Industrials Group
    December 14, 2023
    Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, announced today that Rob Kordas has joined the firm as a Managing Director in its Industrials Group. Mr. Kordas is based in Chicago and will lead coverage of the energy field services and equipment sector.
  • Finance Partner Benoit Lavigne Re-joins Ropes & Gray in London
    December 13, 2023
    Benoit Lavigne, a former finance partner at Ropes & Gray, will be re-joining the firm in early January as a partner in its market-leading finance practice, in London. Benoit advises private credit providers and other lenders, as well as borrowers, on a broad range of complex finance matters including acquisition finance, general corporate lending, asset-based lending, restructuring, and workouts.
  • Quicklogic (QUIK) Announces the Amendment and Extension of Credit Facility
    December 13, 2023
    QuickLogic Corporation (NASDAQ: QUIK) ("QuickLogic" or the "Company"), a developer of embedded FPGA (eFPGA) IP, ruggedized FPGAs and Endpoint AI solutions, today announced that, effective December 8, 2023, it entered into a seventh amendment (the "Seventh Amendment") to its amended and restated credit facility, dated as of December 21, 2018 (as amended, the "Credit Agreement") to increase the line of credit and extend the maturity date.
  • SLR Digital Finance Closes $5 Million Credit Facility for Engine Vision Media
    December 13, 2023
    SLR Digital Finance closes $5 million credit facility for Engine Vision Media, owners of Los Angeles magazine, Orange Coast magazine, Pasadena magazine, and Los Angeles Magazine Studios. The facility will support the company’s working capital needs and to fuel growth as they expand their publication footprint nationwide along with their increased efforts in digital, podcasts and long-form content.
  • J D Factors Provides $7.9 Million in New Factoring Facilities to 35 New Clients
    December 13, 2023
    J D Factors provided $7,900,000 in new factoring facilities to 35 new clients in the US and Canada during the month of November. Some of these facilities include: a $300,000 factoring facility for a staffing company in Tennessee and a $250,000 factoring facility for a transportation company in Washington.
  • J D Factors Provides $7.9 Million in New Factoring Facilities to 35 New Clients
    December 13, 2023
    J D Factors provided $7,900,000 in new factoring facilities to 35 new clients in the US and Canada during the month of November. Some of these facilities include: a $300,000 factoring facility for a staffing company in Tennessee and a $250,000 factoring facility for a transportation company in Washington.
  • J D Factors Provides $7.9 Million in New Factoring Facilities to 35 New Clients
    December 13, 2023
    J D Factors provided $7,900,000 in new factoring facilities to 35 new clients in the US and Canada during the month of November. Some of these facilities include: A $500,000 factoring facility for a transportation company in Ohio. A $300,000 factoring facility for a staffing company in Tennessee.
  • J D Factors Provides $7.9 Million in New Factoring Facilities to 35 New Clients
    December 13, 2023
    J D Factors provided $7,900,000 in new factoring facilities to 35 new clients in the US and Canada during the month of November. Some of these facilities include: A $750,000 factoring facility for a transportation company in Illinois and a $500,000 factoring facility for a transportation company in Ohio.
  • J D Factors Provides $7.9 Million in New Factoring Facilities to 35 New Clients
    December 13, 2023
    J D Factors provided $7,900,000 in new factoring facilities to 35 new clients in the US and Canada during the month of November. Some of these facilities include: A $600,000 factoring facility for an apparel company in North Carolina; a $750,000 factoring facility for a transportation company in Illinois.
  • Expansion Capital Group Announces $1 Billion Funding Milestone — Supporting the Expansion of U.S. Small Businesses
    December 13, 2023
    Expansion Capital Group, LLC (“ECG”) is pleased to announce its billionth dollar in funding, reinforcing its mission to support the “Expansion” of America’s Small Businesses with simple and efficient capital. Since inception in 2013, ECG has provided services to over 20,000 small businesses across multiple industries nationwide.
  • SFNet Releases Q4 2023 Market Pulse
    December 13, 2023
    Key findings include: Q3 showed continued economic growth with the GDP expanding by 5.2%, with much of the growth driven by consumer spending. With this as a backdrop, the secured finance industry continued to hold steady in total commitments with a modest 0.2% growth in Q3 relative to Q2 while portfolios remain healthy with non-accruals
  • Encina Private Credit Announces Mike Hensinger as Chief Executive Officer, John Ryan as Chairman
    December 13, 2023
    Encina Private Credit (“EPC”) is pleased to announce Mike Hensinger has been named Chief Executive Officer, effective immediately. Hensinger has also joined the EPC Board of Directors. Mike joined EPC in June 2022 as President and Chief Commercial Officer to lead originations, syndications, and product development where he helped drive double digit growth in the business.
  • Rosenthal Closes Nearly $4 Million In Purchase Order Financing Facilities
    December 13, 2023
    Rosenthal & 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 two purchase order financing transactions totaling $3.75 million.
  • RST Brands Sells as Going Concern After Tiger Group Turnaround
    December 13, 2023
    Outdoor furniture company RST Brands has sold as a going-concern to Surya, the global household furnishings brand, in the latest turnaround by Tiger Group’s Advisory Services division.
  • CIBC Innovation Banking Provides Growth Financing to CourseKey
    December 13, 2023
    CIBC Innovation Banking announced today that it has provided Senior Credit Facilities to CourseKey, a leading student success and retention platform for trade and vocational education programs.
  • FTI Consulting Strengthens Energy & Industrials Business Transformation Practice with Addition of Two Senior Managing Directors
    December 13, 2023
    FTI Consulting, Inc. (NYSE: FCN) today announced the expansion of its Energy & Industrials Business Transformation practice with the appointments of Satish Damodaran and Alejandro Vanags as Senior Managing Directors within the firm’s Corporate Finance & Restructuring segment.
  • Guggenheim Securities Hires Brent Surber to Strengthen its Capital Markets Capabilities
    December 13, 2023
    Guggenheim Securities, the investment banking and capital markets division of Guggenheim Partners, announced today that Brent Surber has joined the firm as a Senior Managing Director to strengthen its capital markets capabilities within its investment banking division. Mr. Surber is based in the firm’s New York office.