-
FinWise Bancorp Announces Additional Ownership Stake In Business Funding Group (BFG)
July 31, 2023FinWise Bancorp (NASDAQ: FINW) (“FinWise” or the “Company”), parent company of FinWise Bank (the “Bank”), today announced that it has entered into a membership interest purchase agreement with Business Funding Group, LLC (“BFG”) and four members of BFG (“Sellers”), in which FinWise will acquire an additional 10% ownership and voting interest in BFG, bringing the total ownership to 20% upon closing.
-
ChargePoint Secures $150 Million Revolving Credit Facility with JP Morgan, HSBC, Citi and Goldman Sachs
July 31, 2023ChargePoint Holdings, Inc. (NYSE: CHPT), a leading electric vehicle (EV) charging network, today announced a new credit agreement which provides for a $150 million revolving credit facility led by J.P. Morgan Chase Bank as Administrative Agent and Joint Lead Arranger, HSBC Innovation Banking as Joint Lead Arranger, and both Citi and Goldman Sachs as Documentation Agents.
-
MidFirst Business Credit Announces New Lending Relationship with Chase Products Co.
July 31, 2023MidFirst Business Credit (MFBC) announced it has recently provided a $9.5 million working capital and term facility to Chase Products Co (Chase). Headquartered in Broadview, IL, Chase is a manufacturer and leader of aerosol solutions serving diverse end markets, including household products, coatings and paints, automotive, personal care, janitorial, industrial and institutional and arts and crafts.
-
Barnes & Noble Education Enters Agreement with Key Financial Stakeholders and Strategic Partners to Strengthen Financial Position and Support Growth Initiatives
July 31, 2023Barnes & Noble Education, Inc. (NYSE: BNED), a leading solutions provider for the education industry, today announced that it has entered into an agreement with its financial stakeholders and strategic partners on the terms of a refinancing that would immediately strengthen the Company’s liquidity and overall financial positions by extending the maturity of its debt facilities, amending certain credit facility covenants and modifying certain other agreements.
-
Cineworld Reveals $250 Million Credit Facility, Share-Trading Suspension as Restructuring Moves Forward
July 31, 2023The multinational Cineworld cinema chain has secured a new revolving credit facility of $250 million as part of its restructuring process. Cineworld recently revealed details of a planned restructuring that will allow it to exit U.S. Chapter 11 bankruptcy strictures. The U.K.-listed company owns or operates cinemas in the U.K., continental Europe and the U.S.’s Regal chain.
-
Pacific Valley Bank Welcomes New Chief Financial Officer
July 31, 2023Pacific Valley Bank is proud to welcome Steve Leen as its new Chief Financial Officer (CFO), effective August 1, 2023. Steve brings an unmatched level of experience and knowledge to the team, with over thirty years in the financial industry. As CFO for two larger Bay Area institutions, Mr. Leen has overseen IT, Compliance and Operations, and most recently concluded an Interim CFO term for United Security Bank in Fresno in the fourth quarter of 2022. Steve is an ideal fit for the role of CFO at Pacific Valley Bank.
-
SouthState Forms Small Business Banking Team
July 31, 2023SouthState Bank recently launched a comprehensive small business banking team to meet the growing demand in its Southeastern footprint.
-
Goldman Sachs Asset Management Executive Salisbury Departs for Sixth Street
July 31, 2023Goldman Sachs (GS.N) executive Julian Salisbury will join investment firm Sixth Street as a partner and co-chief investment officer early next year, his incoming firm said, marking yet another high-profile exit from Goldman.
-
Theratechnologies Announces Amendments to its Term Loan Facility With Affiliates of Marathon Asset Management
July 31, 2023Theratechnologies Inc. (“Theratechnologies”, the “Company”, or “we”) (TSX: TH) (NASDAQ: THTX), a biopharmaceutical company focused on the development and commercialization of innovative therapies, today announced that it entered into an agreement with certain funds and accounts for which Marathon Asset Management, L.P. acts as investment manager.
-
MidFirst Business Credit Announces New Lending Relationship with Alcrete Industries, LLC
July 31, 2023MidFirst Business Credit (MFBC) announced it has recently provided a working capital facility to Alcrete Industries, LLC (Alcrete). Headquartered in Pell City, AL, Alcrete is a manufacturer of precast concrete products used in new construction projects. The funds were used for an add-on acquisition, to refinance existing loans and provide additional working capital to help facilitate further business expansion.
-
Encina Private Credit Serves as Revolver Agent and Term Loan Lender to Support Visual Edge it with Additional Growth Capital and Refinancing of Senior Credit Facility
July 31, 2023Encina Private Credit, LLC (“EPC”) is pleased to announce that it has served as Revolver Agent and Term Loan lender for a senior secured credit facility to support Visual Edge IT™ (VEIT) long term growth. Visual Edge IT, which specializes in managed IT services and security, cloud computing, and print/copy solutions for businesses across the U.S., has received new capital commitments from Encina Private Credit and funds managed by Ares Management totaling $40 million which the Company intends to use to support its long-term growth objectives.
-
Parker Hudson Strengthens Litigation Team with Three New Additions in Atlanta
July 31, 2023Parker, Hudson, Rainer & Dobbs LLP strengthened its Litigation team recently with the addition of two seasoned Of Counsel, R. David Gallo and Drew Stevens, and Associate E. Wylly Killorin III. The new hires complement the firm’s nationally recognized capabilities serving our clients in complex commercial litigation across industries, including healthcare, franchise, insurance coverage, and real estate.
-
Mitsubishi HC Capital Canada Providing $55M Funding Facility to Dynamic Capital EF
July 31, 2023Progressive Capital Equipment Finance Inc. (Progressive Capital) announced today that its wholly owned subsidiary, Dynamic Capital Equipment Finance (Dynamic Capital), has secured a $55 million funding facility with Mitsubishi HC Capital Canada.
-
Triumph Appoints Jason Heilig Chief Technology Officer of Factoring Division
July 27, 2023Triumph, a member of the Triumph Financial, Inc. (Nasdaq: TFIN) portfolio of brands and a leading provider of working capital financing solutions to the transportation industry, announced today the appointment of Jason Heilig to the position of chief technology officer of its factoring division. He will continue to report to Tim Valdez, president of Triumph’s factoring division.
-
Third Eye Capital Announces Appointment of David Steele as President and Chief Operating Officer
July 27, 2023Third Eye Capital (“TEC” or the “Company”), Canada’s leading provider of asset-based financing solutions to underserved or overlooked companies, is pleased to announce the appointment of David Steele as President and Chief Operating Officer, effective August 15, 2023.
-
Neuberger Berman Closes Second Credit Opportunities Fund at $2.5bn
July 27, 2023Private, employee-owned investment firm Neuberger Berman has held the final close of the NB Credit Opportunities Fund II with approximately $2.5bn in limited partner capital commitments, exceeding the fund's initial target of $1.5bn.
-
Hilco Commercial Industrial Unveils Strategic Changes and Reinforces Commitment to Actionable Capital Solutions in the Middle-Market
July 27, 2023Hilco Commercial Industrial (HCI), a leading investment platform specializing in asset-based capital solutions, is proud to announce exciting organizational changes aimed at bolstering its commercial and industrial investment capabilities. Leveraging Hilco Global's extensive asset valuation expertise and operational proficiency, HCI is set to deliver exceptional value to middle-market industrial businesses across North America.
-
Gordon Brothers Provides Allstar Marketing Group $6M Credit Facility for Refinancing & Working Capital
July 27, 2023Gordon Brothers, the global advisory and investment firm, has provided Allstar Marketing Group LLC a $6 million first-in, last-out loan that will be a part of a new $50 million credit facility. The U.S.-based multichannel marketing services company will use the facility to refinance its current indebtedness and finance its ongoing working capital needs.
-
Alvarez & Marsal Appoints Mark Dorn as Senior Director in its Private Equity Performance Improvement Group
July 27, 2023Leading global professional services firm Alvarez & Marsal (A&M) announced that Mark Dorn will join the firm’s Private Equity Performance Improvement (PEPI) practice as a Senior Director focused on private equity (PE) and corporate clients within the Aerospace, Defense, Aviation & Space (ADAS) group.
-
Womble Expands Bankruptcy Footprint Into New York With Partner Trio
July 27, 2023Womble Bond Dickinson announced today that Edward Schnitzer, David Banker, and Wojciech Jung have joined the Capital Markets practice and Bankruptcy team in New York. Schnitzer and Banker join the firm from Montgomery McCracken; Jung joins from Lowenstein Sandler.
-
FinWise Bancorp Announces Additional Ownership Stake In Business Funding Group (BFG)
July 31, 2023FinWise Bancorp (NASDAQ: FINW) (“FinWise” or the “Company”), parent company of FinWise Bank (the “Bank”), today announced that it has entered into a membership interest purchase agreement with Business Funding Group, LLC (“BFG”) and four members of BFG (“Sellers”), in which FinWise will acquire an additional 10% ownership and voting interest in BFG, bringing the total ownership to 20% upon closing.
-
ChargePoint Secures $150 Million Revolving Credit Facility with JP Morgan, HSBC, Citi and Goldman Sachs
July 31, 2023ChargePoint Holdings, Inc. (NYSE: CHPT), a leading electric vehicle (EV) charging network, today announced a new credit agreement which provides for a $150 million revolving credit facility led by J.P. Morgan Chase Bank as Administrative Agent and Joint Lead Arranger, HSBC Innovation Banking as Joint Lead Arranger, and both Citi and Goldman Sachs as Documentation Agents.
-
MidFirst Business Credit Announces New Lending Relationship with Chase Products Co.
July 31, 2023MidFirst Business Credit (MFBC) announced it has recently provided a $9.5 million working capital and term facility to Chase Products Co (Chase). Headquartered in Broadview, IL, Chase is a manufacturer and leader of aerosol solutions serving diverse end markets, including household products, coatings and paints, automotive, personal care, janitorial, industrial and institutional and arts and crafts.
-
Barnes & Noble Education Enters Agreement with Key Financial Stakeholders and Strategic Partners to Strengthen Financial Position and Support Growth Initiatives
July 31, 2023Barnes & Noble Education, Inc. (NYSE: BNED), a leading solutions provider for the education industry, today announced that it has entered into an agreement with its financial stakeholders and strategic partners on the terms of a refinancing that would immediately strengthen the Company’s liquidity and overall financial positions by extending the maturity of its debt facilities, amending certain credit facility covenants and modifying certain other agreements.
-
Cineworld Reveals $250 Million Credit Facility, Share-Trading Suspension as Restructuring Moves Forward
July 31, 2023The multinational Cineworld cinema chain has secured a new revolving credit facility of $250 million as part of its restructuring process. Cineworld recently revealed details of a planned restructuring that will allow it to exit U.S. Chapter 11 bankruptcy strictures. The U.K.-listed company owns or operates cinemas in the U.K., continental Europe and the U.S.’s Regal chain.
-
Pacific Valley Bank Welcomes New Chief Financial Officer
July 31, 2023Pacific Valley Bank is proud to welcome Steve Leen as its new Chief Financial Officer (CFO), effective August 1, 2023. Steve brings an unmatched level of experience and knowledge to the team, with over thirty years in the financial industry. As CFO for two larger Bay Area institutions, Mr. Leen has overseen IT, Compliance and Operations, and most recently concluded an Interim CFO term for United Security Bank in Fresno in the fourth quarter of 2022. Steve is an ideal fit for the role of CFO at Pacific Valley Bank.
-
SouthState Forms Small Business Banking Team
July 31, 2023SouthState Bank recently launched a comprehensive small business banking team to meet the growing demand in its Southeastern footprint.
-
Goldman Sachs Asset Management Executive Salisbury Departs for Sixth Street
July 31, 2023Goldman Sachs (GS.N) executive Julian Salisbury will join investment firm Sixth Street as a partner and co-chief investment officer early next year, his incoming firm said, marking yet another high-profile exit from Goldman.
-
Theratechnologies Announces Amendments to its Term Loan Facility With Affiliates of Marathon Asset Management
July 31, 2023Theratechnologies Inc. (“Theratechnologies”, the “Company”, or “we”) (TSX: TH) (NASDAQ: THTX), a biopharmaceutical company focused on the development and commercialization of innovative therapies, today announced that it entered into an agreement with certain funds and accounts for which Marathon Asset Management, L.P. acts as investment manager.
-
MidFirst Business Credit Announces New Lending Relationship with Alcrete Industries, LLC
July 31, 2023MidFirst Business Credit (MFBC) announced it has recently provided a working capital facility to Alcrete Industries, LLC (Alcrete). Headquartered in Pell City, AL, Alcrete is a manufacturer of precast concrete products used in new construction projects. The funds were used for an add-on acquisition, to refinance existing loans and provide additional working capital to help facilitate further business expansion.
-
Encina Private Credit Serves as Revolver Agent and Term Loan Lender to Support Visual Edge it with Additional Growth Capital and Refinancing of Senior Credit Facility
July 31, 2023Encina Private Credit, LLC (“EPC”) is pleased to announce that it has served as Revolver Agent and Term Loan lender for a senior secured credit facility to support Visual Edge IT™ (VEIT) long term growth. Visual Edge IT, which specializes in managed IT services and security, cloud computing, and print/copy solutions for businesses across the U.S., has received new capital commitments from Encina Private Credit and funds managed by Ares Management totaling $40 million which the Company intends to use to support its long-term growth objectives.
-
Parker Hudson Strengthens Litigation Team with Three New Additions in Atlanta
July 31, 2023Parker, Hudson, Rainer & Dobbs LLP strengthened its Litigation team recently with the addition of two seasoned Of Counsel, R. David Gallo and Drew Stevens, and Associate E. Wylly Killorin III. The new hires complement the firm’s nationally recognized capabilities serving our clients in complex commercial litigation across industries, including healthcare, franchise, insurance coverage, and real estate.
-
Mitsubishi HC Capital Canada Providing $55M Funding Facility to Dynamic Capital EF
July 31, 2023Progressive Capital Equipment Finance Inc. (Progressive Capital) announced today that its wholly owned subsidiary, Dynamic Capital Equipment Finance (Dynamic Capital), has secured a $55 million funding facility with Mitsubishi HC Capital Canada.
-
Triumph Appoints Jason Heilig Chief Technology Officer of Factoring Division
July 27, 2023Triumph, a member of the Triumph Financial, Inc. (Nasdaq: TFIN) portfolio of brands and a leading provider of working capital financing solutions to the transportation industry, announced today the appointment of Jason Heilig to the position of chief technology officer of its factoring division. He will continue to report to Tim Valdez, president of Triumph’s factoring division.
-
Third Eye Capital Announces Appointment of David Steele as President and Chief Operating Officer
July 27, 2023Third Eye Capital (“TEC” or the “Company”), Canada’s leading provider of asset-based financing solutions to underserved or overlooked companies, is pleased to announce the appointment of David Steele as President and Chief Operating Officer, effective August 15, 2023.
-
Neuberger Berman Closes Second Credit Opportunities Fund at $2.5bn
July 27, 2023Private, employee-owned investment firm Neuberger Berman has held the final close of the NB Credit Opportunities Fund II with approximately $2.5bn in limited partner capital commitments, exceeding the fund's initial target of $1.5bn.
-
Hilco Commercial Industrial Unveils Strategic Changes and Reinforces Commitment to Actionable Capital Solutions in the Middle-Market
July 27, 2023Hilco Commercial Industrial (HCI), a leading investment platform specializing in asset-based capital solutions, is proud to announce exciting organizational changes aimed at bolstering its commercial and industrial investment capabilities. Leveraging Hilco Global's extensive asset valuation expertise and operational proficiency, HCI is set to deliver exceptional value to middle-market industrial businesses across North America.
-
Gordon Brothers Provides Allstar Marketing Group $6M Credit Facility for Refinancing & Working Capital
July 27, 2023Gordon Brothers, the global advisory and investment firm, has provided Allstar Marketing Group LLC a $6 million first-in, last-out loan that will be a part of a new $50 million credit facility. The U.S.-based multichannel marketing services company will use the facility to refinance its current indebtedness and finance its ongoing working capital needs.
-
Alvarez & Marsal Appoints Mark Dorn as Senior Director in its Private Equity Performance Improvement Group
July 27, 2023Leading global professional services firm Alvarez & Marsal (A&M) announced that Mark Dorn will join the firm’s Private Equity Performance Improvement (PEPI) practice as a Senior Director focused on private equity (PE) and corporate clients within the Aerospace, Defense, Aviation & Space (ADAS) group.
-
Womble Expands Bankruptcy Footprint Into New York With Partner Trio
July 27, 2023Womble Bond Dickinson announced today that Edward Schnitzer, David Banker, and Wojciech Jung have joined the Capital Markets practice and Bankruptcy team in New York. Schnitzer and Banker join the firm from Montgomery McCracken; Jung joins from Lowenstein Sandler.
© 2025 Secured Finance Network

.jpg?sfvrsn=f1093d2a_0)
