Securitize, a firm digitizing the issuance, management, and trading of real-world assets, today launched a new feeder fund offering tokenized exposure to an evergreen private credit fund from leading private markets investment firm, Hamilton Lane (Nasdaq: HLNE), available exclusively on the Polygon blockchain.

LexisNexis® Risk Solutions released its latest Small and Midsize Business (SMB) Lending Fraud Study. Based on a survey of lenders, SMB lending fraud has increased significantly during the past 12 months, with many smaller banks, credit unions and fintechs expecting fraud levels to worsen over the next year.

Clifford Chance announced today the appointment of partner Zarrar Sehgal as Head of the firm’s Global Asset Finance Group.

Stonebriar Commercial Finance (“Stonebriar”) today announced the closing of a $100 million construction financing and long-term lease on new passenger rail cars. This transaction supports the Lessee’s further expansion to service its growing customer base.

Sound Point Capital Management, LP is an asset management firm founded in 2008 with particular expertise in credit strategies.

Cannara Biotech Inc. ("Cannara" or the "Company") (TSXV: LOVE) (OTCQB: LOVFF) (FRA: 8CB), a vertically integrated producer of premium-grade cannabis and derivative product offerings at affordable prices with two mega facilities based in Québec spanning over 1,650,000 sq. ft., announced today that they have raised an additional $10 million of credit facilities from its lead bank, BMO Commercial Banking

J.P. Morgan and Wells Fargo Bank were the Joint Lead Arrangers, with J.P. Morgan serving as Administrative Agent. KKAP Advisors provided advisory service to the company.

SLR Healthcare ABL is pleased to announce that it has provided an $8 Million asset-based revolving line of credit to a clinical lab.

MidCap Financial, a leading commercial finance company focused on middle market transactions, today announced it has provided a $20mm senior revolving credit facility to ABD Group Inc. (“Village Fertility Pharmacy,” “VFP” or “Company”).

The company this week announced that it has received $50 million in new financing from certain lenders, holding over two-thirds of its outstanding term loan, to support ongoing business operations.

-Invacare Holdings Corporation (“Invacare” or “the company”), a leading manufacturer and distributor of medical equipment used in non-acute care settings, today announced that Invacare Corporation and its two U.S. subsidiaries, Freedom Designs, Inc. and Adaptive Switch Laboratories, Inc., successfully emerged from Chapter 11 on May 5, 2023.

Conducted via email from April 14-18, 2023, the survey provides insights into small business banking operations and confidence in the banking system and the overall economy.

The bankrupt retailer has big trade debts to numerous suppliers as well as transportation providers.

Christmas Tree Shops has joined its former owner Bed Bath & Beyond in seeking bankruptcy protection, adding to the growing list of retailers this year that have filed for Chapter 11. The Middleborough, Massachusetts-based chain went to U.S. Bankruptcy Court in Delaware to seek voluntary protection Friday.

Equity Bancshares, Inc (“Equity”, “the Company”, “we”, “us”, “our”), the Wichita-based holding company of Equity Bank, announced the hire of Richard M. (“Rick”) Sems as President of Equity Bank (“the Bank”).

Audax Private Debt (“Audax”) announced that, as Administrative Agent and Lead Arranger, it provided a unitranche credit facility to support Amulet Capital Partners (“Amulet”) in their acquisition of minds + assembly (the “Company”).

Jordan is recognized as one of the country’s go-to lawyers in the ABL and lender finance spaces and has extensive experience advising clients in asset-based, cash flow, leveraged, real estate, and other financial transactions.

Oxford Bank Corporation ("Oxford" or "the Company") (OTC Bulletin Board: OXBC), the holding company for Oxford Bank ("the Bank"), announced today that it has awarded small business grants to four local businesses in Michigan through the Federal Home Loan Bank of Indianapolis Elevate Grant program. Elevate is an innovative grant program that awards up to $20,000 to assist the growth and development of local small businesses, their workforces, and the communities

Goddard also joins the Lendscape Senior Management Team and will be responsible for leading product development and alignment with the overall business strategy.

In light of recent reporting regarding strategic actions, PacWest Bancorp (Nasdaq: PACW) (the “Company”) provides the following update: