Audax Private Debt (“Audax”) announced that, as Administrative Agent and Sole Lead Arranger, it provided a unitranche credit facility to support Cressey & Company (“Cressey”) and Health Enterprise Partners’ (“HEP”) acquisition of The InterMed Group (“InterMed” or the “Company”).

SolaREIT™, a solar real estate investment fund, announced today that they successfully closed on a revolving credit facility with Atlantic Union Bank (AUB). This line of credit provides the company with an additional $15 million of liquidity, and will allow SolaREIT™ to continue to scale the business and efficiently use its securitization facility established in 2021 with Nuveen/TIAA CREF.

Bridge Bank today announced its Capital Finance Group has closed on a $3 million credit facility for Innovative Lease Services Inc., a Carlsbad, California-based provider of commercial equipment financing and leasing services. Innovative Lease Services (ILS) plans to use the funding to help grow its lease portfolio.

Otterbourg P.C. announced today that David Castleman has joined the firm as a member in the Restructuring and Bankruptcy Department. He comes to Otterbourg from Raines Feldman LLP, where he was a partner. Mr. Castleman’s practice focuses on federal equity receiverships and complex litigation in both state and federal courts.

Wintrust Financial Corporation (“Wintrust” or “WTFC”) is today announcing the planned transition of the Chief Executive Officer role. Effective May 1, 2023, Timothy S. Crane, who currently serves as Wintrust’s President, will assume the additional role of Chief Executive Officer. Crane also has been appointed to the Wintrust Board of Directors effective immediately.

Womble Bond Dickinson announced today that Joel L. Perrell Jr. has joined the Baltimore office as a partner in the Capital Markets group. Perrell brings decades of experience representing diverse clients in bankruptcy cases, insolvency proceedings, restructurings, and workouts domestically and internationally involving cryptocurrency, retail, manufacturing, healthcare, transport, real estate, insurance, and other commercial businesses.

Lighthouse Financial Corp. is pleased to announce the promotion of Daniel Ellis to Senior Vice President, Account Executive. In this role Mr. Ellis will continue to manage a portfolio of asset-based loans and underwrite new transactions. In addition, Mr. Ellis will lead the efforts of Lighthouse's subsidiary Verification Management Company, which provides asset-based loan management services to financial institutions without the capacity to do so themselves.

Great Lakes Business Credit, one of the nation's fastest-growing alternative commercial finance companies, has announced a rebranding, with the new name of Bridge Business Credit. Under its new name, the Bridge Business Credit team of experienced financial professionals will serve operating companies located throughout the Central and Eastern U.S. time zones.

eCapital Corp. (“eCapital” or “the Company”), a leading finance provider for businesses across North America and the U.K., today announced that eCapital Healthcare delivered $172.6 million in newly originated credit facilities for businesses in the healthcare industry in 2022.

First Citizens Bank today announced that its Healthcare Finance group, part of the CIT division, has provided $52.4 million to affiliates of Kayne Anderson Real Estate and Remedy Medical Properties to finance a portfolio of medical office building properties.

Huntington Business Credit announced it closed a $25,000,000 new credit facility with Vanguard International Solutions, Inc. on December 30, 2022. Vanguard International Solutions, Inc., headquartered in Cleveland, Ohio, is a wholesale distributor of medical and food-grade disposable gloves and related Personal Protective Equipment primarily to the food service, medical, and janitorial industries.

MidCap Business Credit announced today they have closed on an $5,000,000 asset-based credit facility to a manufacturer and supplier of coated and bonded abrasive products throughout North America, Canada, and Mexico. The credit facility is supported by advances against accounts receivable and inventory.

Bluestone Resources Inc. (TSXV: BSR) (OTCQB: BBSRF) ("Bluestone" or the "Company") is pleased to announce that it has extended the term of the previously announced US$30,000,000 loan (the "Loan") with Zebra Holdings and Investments S.à.r.l, and Lorito Holdings S.à.r.l (the "Lender") that was due to expire March 11, 2023 (see March 14, 2022 press release).

Martin Midstream Partners L.P. (NASDAQ:MMLP) (“MMLP”) announced today that its wholly owned subsidiary, Martin Operating Partnership L.P., as borrower, MMLP and certain of MMLP’s other subsidiaries, as guarantors, entered into an amendment to MMLP’s existing revolving credit facility (as so amended, the “Amended Credit Facility”).

Siena Healthcare Finance is pleased to announce the addition of Brendan Tully as NYC-based business development officer. Located in New York City, Brendan spent three years as a field examiner for PNC Business Credit before joining Chesapeake Corporate Advisors then B.C. Ziegler & Company as an investment banking analyst focused on mergers and acquisitions.

Crown Partners LP announced that Arsenal Funding, a merchant cash advance funder headquartered in West Palm Beach, FL, has closed on $16 million of bank financing to continue growing its funding portfolio. Since 2021, Crown Partners has served as exclusive financial advisor to Arsenal. During this time, Crown has facilitated Arsenal’s capital objectives, including arranging financing from two commercial banks, and establishing a strategic forward flow funding relationship with a private credit fund.

New data released from Chubb and the National Center for the Middle Market (NCMM), reveals a rebound in middle market economic confidence from mid-year 2022, but confidence has yet to return to the historical levels experienced in 2021. More than half of middle market companies expressed a notable optimism about the potential for 2023 revenue growth.

-Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Prima Solutions on its sale to Total Specific Solutions (TSS), a subsidiary of Topicus.com (TSXV:TOI; Topicus) and part of Constellation Software Inc. (TSX:CSU; Constellation). Prima Solutions is a leading European insurtech company that helps insurance professionals transform existing legacy systems and streamline core business processes, thereby speeding up their digital transformation.

KBRA assigns preliminary ratings to five classes of debt issued by Monroe Capital ABS Funding II, LP (MCAF II), a securitization backed by a portfolio of recurring revenue and middle market corporate loans. MCAF II is an approximate $378.4 million securitization managed by Monroe Capital Management Advisors, LLC (“Monroe” or the “Collateral Manager”), an affiliate of Monroe Capital LLC.

Loomis AB has signed an agreement for a syndicated, revolving credit facility of EUR 150 million. The facility has a tenor of three years with two extension options of one year each. The lead arrangers are Bank of America, Danske Bank, NatWest, Nordea Bank and Société Générale.