Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the continued growth of Aduro Advisors, LLC (“Aduro”), an existing portfolio company of PPC Enterprises.

SLR Digital Finance LLC (“SLR Digital Finance”) is pleased to announce the funding of a $5 million credit facility for an internet publisher focused on lifestyle and design content for their readers.

Huntington Business Credit acting as Administrative Agent announced it closed a $70,000,000 new credit facility with Express Funeral Funding, LLC on June 23, 2023. Proceeds of the facility were used to refinance existing debt and provide ongoing working capital financing.

PNC Bank has appointed Steven González regional president for Austin. González will have direct oversight of business development, building and maintaining client relationships and leading philanthropic initiatives in support of the Austin community. González currently serves as market leader for PNC’s Corporate Banking business in Austin and will continue in the role in addition to the regional president position.

First Bank (Nasdaq Global Market: FRBA) today announced that its acquisition of Malvern Bancorp, Inc. (Nasdaq Global Market: MLVF) was completed before the open of business on July 17, 2023.

A New York-based publicly traded industrials company was facing increased restrictions and red tape from its existing bank lender and was looking for more flexible options to support its growth plans. The company, a designer and assembler of sophisticated control equipment for the space, military, aircraft and medical industries, was already well established, with $35 million in sales volume.

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 recent asset-based lending facilities totaling $15 million.

First Citizens Bank today announced that its Real Estate Finance group, part of the CIT division, provided $40 million in construction financing to a joint venture between Grandview Partners and Crosland Southeast for the development of Evelyn City Lofts apartments located in Tampa, Florida.

Maxim Commercial Capital (“Maxim”) reported nearly 300% more funded deals in the second quarter of 2023 than in the prior year’s period, despite broader economic headwinds and rising interest rates.

The principals of the company have been in the business for many years. When the American dream opportunity came to launch their own company and build something for themselves, they took it.

Gunvor Singapore Pte. Ltd. (the “Borrower”), a wholly-owned subsidiary of Gunvor Group Ltd (“Gunvor” or the “Company”), has closed a US $1.035 billion sustainability-linked, syndicated revolving credit facility (the “Facility”) on 16 June 2023.

Cerebro Capital recently announced they had facilitated $111mm in financings for 28 companies. The technology driven commercial lending marketplace to the lower and middle market assisted companies looking for debt across numerous structures including senior and junior cash flow, asset based, equipment financing, recurring revenue, et al.

Diebold Nixdorf today announced that the U.S. Bankruptcy Court in the Southern District of Texas has confirmed the company's plan of reorganization related to its comprehensive debt restructuring. This confirmation is one of the final steps in Diebold Nixdorf's restructuring, allowing the company to move forward and execute its plan.

Argonne Capital Group, LLC announced the completion of two recapitalizations and added to its executive ranks as the firm institutionalizes and seeks to propel future growth.

Synovus Bank has named Charlie Clark as president of the community bank, effective July 10. In this new position, Clark will advance the community bank’s geography-based delivery model. This includes management of local leadership across the bank’s five-state footprint as they continue to build and deepen relationships while delivering exceptional service to clients.

QualTek Services Inc. (the “Company” or “QualTek”), a leading infrastructure services provider, today announced that it has successfully emerged from Chapter 11 in the United States Bankruptcy Court for the Southern District of Texas following the confirmation of its Plan of Reorganization (“Plan”) on June 30, 2023.

ViewRay, Inc. (Nasdaq: VRAY) announced today that it and certain of its subsidiaries (collectively, "the Company") filed voluntary petitions for relief (the "Petitions") under Chapter 11 of Title 11 the U.S. Bankruptcy Code ("Chapter 11") in the United States Bankruptcy Court for the District of Delaware (the "Court").

The Company’s parent company, a foreign-owned entity, sought a lender to capitalize their U.S. venture with debt for tax and non-tax reasons. The Company required a sufficient line of credit to fund its operating needs and large multi-year projects, which required a substantial upfront investment to pay staff and purchase materials.

Only 3 in 10 leaders at midsize businesses are upbeat about the national economy. But they feel good about their own industries and companies.

Paytient, the creator and leading provider of Health Payment Accounts (HPAs) today announced it has finalized a $7.5M venture debt facility with Silicon Valley Bank (SVB), a division of First Citizens Bank, which was first announced in January of this year.