• Citizens Names Mark Lehmann as California President
    July 13, 2023
    Citizens today announced that veteran banking executive Mark Lehmann, chief executive of JMP Group, has been named as its California President to accelerate growth in a key market where the bank has recently added some of the state’s top private bankers.
  • CIBC Innovation Banking Provides Senior Credit Facilities to Medisolv
    July 13, 2023
    CIBC Innovation Banking announced today that it has provided Senior Credit Facilities to support BVP Forge’s strategic investment and fund working capital in Medisolv, a leading healthcare quality management platform.
  • St. Cloud Capital Announces Final Closing On $236 Million Fund IV
    July 13, 2023
    St. Cloud Capital, LLC, a Los Angeles based private investment firm, is pleased to announce the final closing of its fourth fund, St. Cloud Capital Partners IV SBIC, LP ("Fund IV") with total capital commitments of $236 million including leverage from the Small Business Administration. Since its inception in 2001, St. Cloud Capital has managed over $700 million in total capital across its four funds.
  • PGIM Private Capital Provides Nearly $6.7B of Senior Debt and Junior Capital Globally in 1H 2023
    July 13, 2023
    -PGIM Private Capital provided nearly $6.7 billion of senior debt and junior capital to more than 120 middle-market companies and projects globally in the first half of 2023. PGIM Private Capital is a source of private debt for public and private companies and is the private capital arm of PGIM, the $1.27 trillion global investment management business of Prudential Financial, Inc.
  • Polen Capital Mid-Year Credit Outlook: Greater clarity on the Fed and fundamentals still intact
    July 13, 2023
    Polen Capital’s high-yield team has published their Leveraged Credit Mid-Year Review and Outlook, with insights on a tumultuous 2023 so far and what a contracting economy could mean for investors.
  • Lighthouse Provides $4,500,000 Credit Facility to NC Fabricator of Hard Surfaces, Glass & Accessories
    July 13, 2023
    Lighthouse Financial Corp. is pleased to announce the completion of a $4,500,000 credit facility to a North Carolina-based premier fabricator of hard surfaces, glass, and accessories. Founded in 1990, the company is one of the largest manufacturers and installers of natural and engineered surfaces for the kitchen and bath in the Southeastern United States.
  • Culain Capital Funding Closes $4.5MM Factoring Facility for Florida-based Communications Equipment Company
    July 13, 2023
    Culain Capital Funding LLC, a specialty finance firm focusing on responsive and efficient funding solutions for small and medium sized businesses in the United States announces the completion of a $4,500,000 factoring facility for a Florida-based Command and Control (C2) Equipment Reseller, Integrator and distributor in the defense industry.
  • US-Based Beverage Company Seizes Growth Opportunity with Prestige Capital's Invoice Financing
    July 13, 2023
    A US-based beverage company's bank no longer supported the client when their inventory needs grew beyond the bank’s lending formula. An asset-based lender who offers inventory, purchase order financing, as well as invoice financing came to an agreement with the client on a replacement facility.
  • J D Factors Announces new Factoring Facilities
    July 13, 2023
    Some of these facilities include: A 1,500,000 factoring facility for a transportation company in Illinois. A $600,000 factoring facility for a transportation company in North Dakota. A $350,000 factoring facility for a transportation company in Alberta.
  • J D Factors Announces new Factoring Facilities
    July 13, 2023
    J D Factors provided $10,275,000 in new factoring facilities to 29 new clients in the US and Canada during the month of June.
  • J D Factors Announces new Factoring Facilities
    July 13, 2023
    J D Factors provided $10,275,000 in new factoring facilities to 29 new clients in the US and Canada during the month of June. Some of these facilities include: A $300,000 factoring facility for a transportation company in California. A $500,000 factoring facility for a transportation company in Nevada.
  • J D Factors Announces new Factoring Facilities
    July 13, 2023
    J D Factors provided $10,275,000 in new factoring facilities to 29 new clients in the US and Canada during the month of June. Some of these facilities include: A $300,000 factoring facility for a transportation company in California. A $500,000 factoring facility for a transportation company in Nevada.
  • nFusion Capital Provides $20 Million to Fund Growth
    July 13, 2023
    A leading innovator and provider of services & solutions for intelligent transportation systems in North America, this company is one of the top four companies in their space in the U.S., and its parent is one of the top three players in Europe.
  • Skydance Media Closes $1B Credit Facility Led By J.P. Morgan
    July 12, 2023
    Skydance Media has closed a new five-year, $1 billion credit facility led by J.P. Morgan, doubling the amount of a prior credit arrangement led by the financial institution. David Ellison’s co-finance and production house is poised for a high point Wednesday with the global release of Mission: Impossible – Dead Reckoning Part One, which is on track for franchise-record box office.
  • CIBC Innovation Banking Provides $7 Million in Growth Capital Financing to Bridgit
    July 12, 2023
    CIBC Innovation Banking announced today that it has provided an extension to its existing growth capital financing to construction-software company, Bridgit. Bridgit's workforce planning and optimization platform transforms workforce data into actionable insights, allowing contractors to bid on and staff projects with information at their fingertips.
  • First Citizens Bank Provides $42 Million for Development of New Studio Facilities in Yonkers, NY
    July 12, 2023
    First Citizens Bank today announced that its Real Estate Finance business, a division of CIT, provided $42.2 million in financing to a joint venture between National Resources and Great Point Media for the development of 1050 North Broadway, a new entertainment production facility 100% pre-leased to MediaPro Studios, located in Yonkers, New York.
  • Agility Provides Financing to SafeTraces
    July 12, 2023
    Agility Capital, an innovative lending company, announces that the firm completed a recent financing of SafeTraces, the global leader in sustainable indoor air quality testing that actively measures pathogen risk. Agility acted as the sole lender in this financing.
  • Wintrust Business Credit Expands Great Lakes Footprint
    July 12, 2023
    Wintrust Business Credit (WBC), a subsidiary of Wintrust (NASDAQ: WTFC), today announced the addition of Joe Panico as Senior Vice President- Business Development, growing WBC's footprint in the Great Lakes Region, as part of the group's expansion into new strategic markets.
  • Aspen Power Completes Initial Closing on Credit Facilities Totaling $90 Million with Top Global Financial Institutions
    July 12, 2023
    Aspen Power, a distributed generation platform with the mission of accelerating and democratizing decarbonization, today announced that it completed the initial closing on a $70 million credit facility with J.P. Morgan and a $20 million equipment supply loan with First Citizens Bank.
  • Pilot Wave Holdings Receives $6MM Credit Facility from Aequum Capital
    July 12, 2023
    Pilot Wave Holdings ("Pilot Wave"), the world's leading technology-focused acquisition and growth firm, has closed on a $6MM credit facility with Aequum Capital, which will provide working capital to support continued growth and acquisitions of additional portfolio companies.
  • Citizens Names Mark Lehmann as California President
    July 13, 2023
    Citizens today announced that veteran banking executive Mark Lehmann, chief executive of JMP Group, has been named as its California President to accelerate growth in a key market where the bank has recently added some of the state’s top private bankers.
  • CIBC Innovation Banking Provides Senior Credit Facilities to Medisolv
    July 13, 2023
    CIBC Innovation Banking announced today that it has provided Senior Credit Facilities to support BVP Forge’s strategic investment and fund working capital in Medisolv, a leading healthcare quality management platform.
  • St. Cloud Capital Announces Final Closing On $236 Million Fund IV
    July 13, 2023
    St. Cloud Capital, LLC, a Los Angeles based private investment firm, is pleased to announce the final closing of its fourth fund, St. Cloud Capital Partners IV SBIC, LP ("Fund IV") with total capital commitments of $236 million including leverage from the Small Business Administration. Since its inception in 2001, St. Cloud Capital has managed over $700 million in total capital across its four funds.
  • PGIM Private Capital Provides Nearly $6.7B of Senior Debt and Junior Capital Globally in 1H 2023
    July 13, 2023
    -PGIM Private Capital provided nearly $6.7 billion of senior debt and junior capital to more than 120 middle-market companies and projects globally in the first half of 2023. PGIM Private Capital is a source of private debt for public and private companies and is the private capital arm of PGIM, the $1.27 trillion global investment management business of Prudential Financial, Inc.
  • Polen Capital Mid-Year Credit Outlook: Greater clarity on the Fed and fundamentals still intact
    July 13, 2023
    Polen Capital’s high-yield team has published their Leveraged Credit Mid-Year Review and Outlook, with insights on a tumultuous 2023 so far and what a contracting economy could mean for investors.
  • Lighthouse Provides $4,500,000 Credit Facility to NC Fabricator of Hard Surfaces, Glass & Accessories
    July 13, 2023
    Lighthouse Financial Corp. is pleased to announce the completion of a $4,500,000 credit facility to a North Carolina-based premier fabricator of hard surfaces, glass, and accessories. Founded in 1990, the company is one of the largest manufacturers and installers of natural and engineered surfaces for the kitchen and bath in the Southeastern United States.
  • Culain Capital Funding Closes $4.5MM Factoring Facility for Florida-based Communications Equipment Company
    July 13, 2023
    Culain Capital Funding LLC, a specialty finance firm focusing on responsive and efficient funding solutions for small and medium sized businesses in the United States announces the completion of a $4,500,000 factoring facility for a Florida-based Command and Control (C2) Equipment Reseller, Integrator and distributor in the defense industry.
  • US-Based Beverage Company Seizes Growth Opportunity with Prestige Capital's Invoice Financing
    July 13, 2023
    A US-based beverage company's bank no longer supported the client when their inventory needs grew beyond the bank’s lending formula. An asset-based lender who offers inventory, purchase order financing, as well as invoice financing came to an agreement with the client on a replacement facility.
  • J D Factors Announces new Factoring Facilities
    July 13, 2023
    Some of these facilities include: A 1,500,000 factoring facility for a transportation company in Illinois. A $600,000 factoring facility for a transportation company in North Dakota. A $350,000 factoring facility for a transportation company in Alberta.
  • J D Factors Announces new Factoring Facilities
    July 13, 2023
    J D Factors provided $10,275,000 in new factoring facilities to 29 new clients in the US and Canada during the month of June.
  • J D Factors Announces new Factoring Facilities
    July 13, 2023
    J D Factors provided $10,275,000 in new factoring facilities to 29 new clients in the US and Canada during the month of June. Some of these facilities include: A $300,000 factoring facility for a transportation company in California. A $500,000 factoring facility for a transportation company in Nevada.
  • J D Factors Announces new Factoring Facilities
    July 13, 2023
    J D Factors provided $10,275,000 in new factoring facilities to 29 new clients in the US and Canada during the month of June. Some of these facilities include: A $300,000 factoring facility for a transportation company in California. A $500,000 factoring facility for a transportation company in Nevada.
  • nFusion Capital Provides $20 Million to Fund Growth
    July 13, 2023
    A leading innovator and provider of services & solutions for intelligent transportation systems in North America, this company is one of the top four companies in their space in the U.S., and its parent is one of the top three players in Europe.
  • Skydance Media Closes $1B Credit Facility Led By J.P. Morgan
    July 12, 2023
    Skydance Media has closed a new five-year, $1 billion credit facility led by J.P. Morgan, doubling the amount of a prior credit arrangement led by the financial institution. David Ellison’s co-finance and production house is poised for a high point Wednesday with the global release of Mission: Impossible – Dead Reckoning Part One, which is on track for franchise-record box office.
  • CIBC Innovation Banking Provides $7 Million in Growth Capital Financing to Bridgit
    July 12, 2023
    CIBC Innovation Banking announced today that it has provided an extension to its existing growth capital financing to construction-software company, Bridgit. Bridgit's workforce planning and optimization platform transforms workforce data into actionable insights, allowing contractors to bid on and staff projects with information at their fingertips.
  • First Citizens Bank Provides $42 Million for Development of New Studio Facilities in Yonkers, NY
    July 12, 2023
    First Citizens Bank today announced that its Real Estate Finance business, a division of CIT, provided $42.2 million in financing to a joint venture between National Resources and Great Point Media for the development of 1050 North Broadway, a new entertainment production facility 100% pre-leased to MediaPro Studios, located in Yonkers, New York.
  • Agility Provides Financing to SafeTraces
    July 12, 2023
    Agility Capital, an innovative lending company, announces that the firm completed a recent financing of SafeTraces, the global leader in sustainable indoor air quality testing that actively measures pathogen risk. Agility acted as the sole lender in this financing.
  • Wintrust Business Credit Expands Great Lakes Footprint
    July 12, 2023
    Wintrust Business Credit (WBC), a subsidiary of Wintrust (NASDAQ: WTFC), today announced the addition of Joe Panico as Senior Vice President- Business Development, growing WBC's footprint in the Great Lakes Region, as part of the group's expansion into new strategic markets.
  • Aspen Power Completes Initial Closing on Credit Facilities Totaling $90 Million with Top Global Financial Institutions
    July 12, 2023
    Aspen Power, a distributed generation platform with the mission of accelerating and democratizing decarbonization, today announced that it completed the initial closing on a $70 million credit facility with J.P. Morgan and a $20 million equipment supply loan with First Citizens Bank.
  • Pilot Wave Holdings Receives $6MM Credit Facility from Aequum Capital
    July 12, 2023
    Pilot Wave Holdings ("Pilot Wave"), the world's leading technology-focused acquisition and growth firm, has closed on a $6MM credit facility with Aequum Capital, which will provide working capital to support continued growth and acquisitions of additional portfolio companies.
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