BHI, a full-service commercial bank, announced that it has closed a $10 million revolving line of credit for AM West, a Medipower (TASE:MDPR) Group company. The line of credit, based on this real estate holding company’s net asset value in its 17 properties, will provide the company with flexibility to pursue new asset acquisition opportunities as well as manage its day-to-day cash flow.

Another tranche of molded-pulp packaging equipment from manufacturer Zume—known for creating anti-leak and compostable products for the global foodservice industry—goes to auction August 17 in a sale byTiger Group and Liquidity Services.

Amerisource Business Capital announced the closing and funding of a $10,000,000 senior revolving credit facility and real estate term loan for a Florida-based green waste disposal company. The proceeds were used to refinance existing bank debt and to provide ongoing working capital.

Haversine Funding II LLC, one of the lender finance portfolios held by Haversine Management LLC, announced the closing of a $45,000,000 line of credit with First Horizon Bank on July 19, 2023. The new credit facility marks a new chapter in Haversine’s history as it moves forward with plans for continued growth, layering a bank line on top of an expanded investor base of foundational families including the continued, dedicated support of Halstatt, a family office headquartered in Naples, Florida with a 100+ year history.

The Equipment Leasing and Financing Association sent a letter to the CFPB requesting that the recent injunction granted to the Texas Bankers Association and the American Bankers Association apply to all covered finance institutions.

Kort Industries is a Texas-based steel fabricator and industrial fabrication specialist providing steel structures to environmental and oil & gas companies in the state. They offer Fabrication Maintenance Services, Pressure Vessels, High Pressure Piping, Tank Repair and Industrial Coating; and turnkey fabrication solutions to help increase productivity and operating efficiency while reducing downtime and cost.

BNP Paribas Securities Corp., a unit of Europe’s leading bank BNP Paribas, today announced the appointment of Matt O’Connor as Head of its new Miami office as well as Annabella Espina the Chief Operating Officer (COO).

Gordon Brothers, the global advisory and investment firm, has been engaged on an exclusive basis to offer for sale by private treaty Tek-Ocean Spirit on behalf of Barry Wight and Daniel Juratowitch of Cor Cordis, the Administrators of Tek-Ocean Group Ltd.

Winston & Strawn is representing Nxu Inc., (NASDAQ: NXU), a vertically integrated technology company creating energy storage and charging solutions for the infrastructure we need to power our electrified future, in its announced pricing of a public offering of 16,666,667 units at a public offering price of $0.30 per unit.

Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $6 billion in assets, today announced that it has provided $2.6 million in financing to support the acquisition and transition of ownership for White Wood Kitchens, the well-known kitchen and project management company in Cape Cod, MA, to former Information Technology leader, Anton Emelianov.

-Stellus Capital Management, LLC (“Stellus”) announced today that its affiliates provided senior debt financing and an equity co-investment in support of The Sterling Group’s (“Sterling”) formation of Compost360, a new platform focused on building a leading processor of organic waste material and producer of high quality, sustainable landscaping products.

International law firm Clifford Chance has advised US headquartered private equity firm MiddleGround Capital on its purchase of the UK-based automotive transmissions manufacturer and supplier Xtrac from Inflexion. MiddleGround Capital is an operationally focused private equity firm that invests in middle market B2B industrial and specialty distribution companies globally.

Expanding its commercial banking operations to provide bespoke and customized fund-level financing to alternative asset managers and the private capital industry, EverBank (temporarily doing business as TIAA Bank) today announced the launch of its new Fund Finance division under the leadership of industry veterans Jeff Johnston and Mike Mascia.

Crocs, Inc. (NASDAQ: CROX), a world leader in innovative casual footwear for women, men, and children, today announced the repricing of the $1.18 billion outstanding under its Term Loan B facility through a refinancing amendment.

Unity Environmental University—a nonprofit, fully accredited institution with a main campus in New Gloucester—is offering for purchase its 225-acre, secondary teaching location at 90 Quaker Hill Rd. in Unity.

J D Factors provided $8,725,000 in new factoring facilities to 35 new clients in the US and Canada during the month of July.

White Oak Commercial Finance, LLC (“White Oak”), an affiliate of White Oak Global Advisors, LLC, (“WOGA”) provided a $20 million factoring facility (“Facility”) to a leading telecommunications company. The Facility will allow the company to continue its growth and its supplying of tablets and data to qualified consumers under the Affordable Connectivity Program (ACP).

Tradewind Finance is pleased to announce it has closed a USD 700,000 export factoring facility for a frozen seafood trader in Hong Kong. The funding has been used to finance the company's business operations and expansion plans, including their exports to buyers in the US and South America.

Sorrento Therapeutics, Inc. has recently received approval from the U.S. Bankruptcy Court for the Southern District of Texas regarding a significant development in their ongoing bankruptcy proceedings. The court has given the green light to a “stalking horse” bid worth $105 million for the acquisition of Scilex Holding Company’s common stock, preferred stock, and warrants. The successful bidder in this case is Oramed Pharmaceuticals, Inc.

Oxford Finance LLC (“Oxford”), a leading specialty firm that provides senior debt to life sciences and healthcare companies worldwide is pleased to announce that its Healthcare Real Estate Group closed a strong first half of 2023, providing total capital commitments of approximately $200 million in six transactions.