Portage Point Partners, LLC (Portage Point), a blue chip advisory, consulting, interim management and financial services firm focused on the middle market, is pleased to announce the addition of Robert Albergotti as Managing Director to the Turnaround & Restructuring Services (TRS) practice.

Quickpay Funding has established a $500,000 invoice factoring facility for a rapidly expanding commercial janitorial company specializing in office cleaning and maintenance services. This new facility provides the essential cash flow needed to support their recent contract wins and meet increasing demand from corporate clients.

First National Corporation (the “Company” or “First National”) (NASDAQ: FXNC), the bank holding company of First Bank (the “Bank”) is pleased to announce the addition of Chris Layne as Senior Vice President, Regional Market Executive for Richmond. Chris will be responsible for all lines of business banking and business development in the Richmond market.

Innovative Solutions & Support (IS&S) (NASDAQ: ISSC) today announced that it has entered a new five-year, $100 million committed credit agreement (the "Credit Agreement") with a lending syndicate led and arranged by JPMorgan Chase Bank, N.A.

Gordon Brothers, the global asset experts, has provided C$30 million to finance the Canadian women’s clothing retailer Northern Reflections’ acquisition of two other Canadian women’s retailers, Cleo and Ricki’s.

CohnReznick, a leading professional services firm, today announced that Jennifer Witts has joined its Client Advisory Services (CAS) practice as Partner. The CAS practice helps businesses streamline operations and drive efficiency through a variety of outsourced accounting, technology, and operational services.

Ares Management Corporation (“Ares”) (NYSE: ARES), a leading global alternative investment manager, announced today enhancements to its Infrastructure Debt team, including the most recent addition of Jon Plavnick as a Partner.

Yieldstreet, a leading private markets investment platform, today announced that it raised $77 million in new capital from a combination of new and existing investors. The investment was led by Tarsadia Investments, with participation from Mayfair Equity Partners, Edison Partners, Cordoba Advisory Partners (CAP), and Kingfisher Investment Advisors, alongside new investor RedBird Capital Partners.

Leo Berwick, a premier global tax and financial advisory firm, serving preeminent infrastructure, private equity, and pension funds and their portfolio companies, announced today that it has executed a credit facility for up to $75 million from Stone Point Credit (“Stone Point”), a leading private credit investment firm, subject to the agreed upon conditions between the parties.

Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Hudson Technologies (“Hudson”) by PrecisionX Group, an existing portfolio company of CORE Industrial Partners.

SFNet Secured Finance Certified Professional (SFCP) program, offered to employees of SFNet members, features a robust curriculum of live online courses. Certification criteria are designed to reinforce industry excellence, elevate professional standing, and propel careers forward. Here, we spotlight one of our first SFCPs, David Hedaya, account executive, The Hedaya Capital Group.

Progress Software (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced that it has entered into a Fifth Amended and Restated Credit Agreement (the “Amended Credit Agreement”), which, among other things, increased the company’s revolving credit facility from $900 million to $1.5 billion and extended the maturity date to July 31, 2030.

Madrigal Pharmaceuticals, Inc. (NASDAQ: MDGL), a biopharmaceutical company focused on delivering novel therapeutics for metabolic dysfunction-associated steatohepatitis (MASH), today announced that it has entered into a $500 million senior secured credit facility with funds managed by Blue Owl Capital (NYSE: OWL), a leading alternative asset manager, to primarily advance Madrigal’s pipeline to further extend its leadership position in MASH.

Mountain Ridge Capital ("MRC") is pleased to announce the closing of a $6.0 million senior secured credit facility to a California based consumer products company. The MRC facility will be utilized for working capital purposes to achieve growth and operational objectives.

eCapital Corp. (“eCapital”), a leading tech-enabled specialty finance provider for small and medium-sized businesses across North America and the United Kingdom, has delivered a $6 million accounts receivable facility to accelerate the trajectory of a Midwest-based logistics company.

Salem Five Bank, a full-service financial services organization with over $8B in assets, today announced that it has provided a credit facility to BWD Technologies (Blanking Without Dies), representing the first asset-based lending (ABL) initiative from its new Business Credit team.

Kapitus, a leading provider of financing for small and medium-sized businesses, has announced the closing of a $250 million asset-backed securitization (ABS). The facility, which has a 3-year revolving period and is expandable to $500 million, was rated by Kroll Bond Rating Agency, LLC (KBRA), with Truist Securities, Inc., as the sole structuring agent and bookrunner.

Rosenthal Capital Group (RCG), the leading private commercial finance firm in the United States, today announced the completion of a $10.5 million asset-based loan (ABL) facility for a leading textile manufacturing and distributor based in New York.

Encina Private Credit, LLC (“Encina”) provided a $150 million commitment consisting of a revolver and term loan in the $525 million Senior Secured Credit Facility.

SG Credit Partners, through its Consumer Products division, is pleased to announce a senior debt investment in Murphy’s Naturals, a leading outdoor lifestyle brand on a mission to help people enjoy life outdoors with worry-free, plant-powered mosquito repellents and personal care products.