Red Mountain Capital Partners LLC (“Red Mountain”) today announced the launch of Red Mountain Capital Advisors LLC (“RMCA”) and Red Mountain Securities LLC (“RMS”), an investment banking platform focused exclusively on providing advisory services for middle market public and private companies and their owners.

Stellus Capital Management, LLC (“Stellus”) announced today that its affiliates provided senior debt financing and an equity co-investment in support of Bansk Group’s (“Bansk”) acquisition of amika and Eva NYC, two of the fastest-growing scaled independent haircare brands in the U.S.

Truist Financial Corporation (NYSE: TFC) today announced that Dominica Groom Williams will join the company as head of diversity, equity and inclusion (DEI), effective today. Groom Williams will be responsible for leading bank-wide strategic inclusion and diversity initiatives, reporting to Chief Teammate Officer and Head of Enterprise Diversity Kimberly Moore-Wright.

White Oak Global Advisors LLC (“White Oak”) announced today it has provided a senior credit facility to Prime Plastic Surgery & Med Spa (“Prime”), a healthcare partnership comprised of the country’s leading board-certified aesthetic surgery practices. Proceeds will be used to fuel future acquisitions and scale up existing operations and facilities.

Tradewind Finance has closed USD 500,000 in funding for a manufacturer of workwear and linens based in Lahore, Pakistan. The company exports to Europe, the UK, and the United States. From chef jackets to medical scrubs, the company is invested in producing quality, comfortable attire for a range of frontline professions. With more than two decades in operation, it also has a stake in the region’s huge home textiles industry as a manufacturer of bed linens and towels.

Nicholas J. Pittas, most recently senior vice president and the industry leader for Defense Contracting and Government Services with TBK Bank, SSB, a subsidiary of Triumph Bancorp, Inc., has joined United Capital Funding, a wholly owned subsidiary of Gulf Coast Bank & Trust Company, as the national sales manager.

SPECTRUM Commercial Services opens new sales office in Phoenix, AZ and adds new Vice President, Pamela McConlogue. Pam joins SPECTRUM Commercial Services Company (spectrumcommercial.com), bringing over 20 years of experience in commercial banking, factoring and asset based lending. Her track record of success working with commercial lenders, consultants and business owners make her an excellent fit as SPECTRUM expands into Phoenix and surrounding markets.

eCapital Corp. (“eCapital”), a leading alternative finance provider in North America and the U.K., has showcased its commitment to providing faster and more flexible payroll funding solutions to staffing companies by issuing over $53MM in new and increased facilities as of June 2022.

TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) (the “Company,” "TPVG," “we,” “us,” or “our”), the leading financing provider to venture growth stage companies backed by a select group of venture capital firms in technology and other high growth industries, today announced it has entered into an amendment to its revolving credit facility.

Envision Healthcare, a leading national medical group, today announced that it closed the first phase of a refinancing transaction with a majority of its first lien term loan lenders and, separately, consummated a refinancing transaction with its revolving lenders.

NowVertical Group Inc., a big data, analytics and vertical intelligence (“VI”) software and services company, today announced that it has completed its previously announced acquisition of 100% of the issued and outstanding securities of Resonant Analytics, LLC, a USA-based guided solutions analytics firm. Concurrent with the closing of the Acquisition, NOW secured a credit facility with US-based MVB Bank.

Commercial Finance Partners is pleased to announce the expansion of the Employee Retention Funding Program that started in late 2021. Commercial Finance has facilitated financing for over $30,000,000 of credits to date and is now expanding the program to improve upon previously constrained size limitations and underwriting timelines.

The RCF is with Canadian Imperial Bank of Commerce (Co-Lead Arranger, Joint Bookrunner and Administrative Agent), The Bank of Nova Scotia (Co-Lead Arranger and Joint Bookrunner and Syndication Agent), ING Capital LLC (Co-Lead Arranger and Joint Bookrunner), National Bank of Canada (Joint Documentation Agent), Wells Fargo Bank, N.A., Canadian Branch (Joint Documentation Agent), Citibank N.A., Bank of Montreal and Royal Bank of Canada.

Amerisource Business Capital announced the closing and funding of a $10,000,000 ABL revolver on A/R and inventory and a real estate term loan facility for a Wisconsin-based automotive, truck, and aerospace component part designer and manufacturer.

When a portfolio company of a California-based private equity firm sought to refinance and upsize its existing asset-based lending facility, the company partnered with Republic Business Credit. Republic provided a scalable, flexible and growth-orientated $5 million credit facility with full availability on retail inventory, wholesale inventory, merchant accounts and direct to consumer proceeds.

Today, The Bancorp Bank, the wholly-owned banking subsidiary of The Bancorp, Inc. (NASDAQ: TBBK), announced that the Company has hired Timothy Green as Managing Director, Head of Fintech Lending. In this new role within The Bancorp Fintech Solutions division, Green will play an instrumental part in the development and execution of the Bank’s fintech lending strategy.

CIT, a division of First Citizens Bank, is pleased to announce that Tony Cheng will now be serving as vice president, client service officer in its Commercial Services business. Cheng is based in Los Angeles and will be the primary contact for several clients in the Western Region.

SLR Equipment Finance is pleased to announce Gianna Priolo has joined as a vice president of Business Development. In her role, Gianna will help grow SLR Equipment Finance’s leasing and lending activities with equipment dealers along the east coast of the U.S where she established relationships with manufacturers and major dealers across the country. Gianna was most recently with DLL Finance.

PNC Bank has announced Brian Bucher will retire as regional president for North Florida effective Oct.7 following a distinguished 40-year career in financial services. Succeeding him will be PNC Senior Vice President of Corporate Banking and former BBVA USA executive Chris Kalin.

Squire Patton Boggs has won the ‘Turnaround of the Year Award (large)’ for its innovative work on the Ferrellgas Partners pre-packaged chapter 11 restructuring. The Turnaround Atlas Awards, presented by Global M&A Network, recognize the best value-creating transactions, outstanding firms, professionals and leaders from the global restructuring, insolvency, and distressed investing communities.