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Cambridge Savings Bank Helps Local Business Owner Drive Impressive Growth with Commercial Lending Solution
May 18, 2022Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, today announced that its Commercial Lending team provided a $2.1 million commercial real estate mortgage and construction to permanent loan to acquire and renovate a new building in Hingham, Massachusetts to a special purpose entity controlled by Stephanie Hernan, President of Yankee Trader Seafood (YTS), in addition to a $300,000 working capital line of credit.
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Bank of China Limited, London Branch Teams with LiquidX for Digital Trade Finance
May 18, 2022Bank of China London Branch, a UK leader in international trade financing for over 90 years, has entered an alliance with fintech technology solutions provider LiquidX for accounts receivable and supply chain finance. LiquidX is providing Bank of China London Branch with a state-of-the-art customized trade finance platform with integrated back-office program administration and built-in distribution capabilities.
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Wingspire Capital Provides $30 Million Revolving Line of Credit To Ashley Stewart
May 17, 2022Wingspire Capital LLC provided a $30 million revolving line of credit to Ashley Stewart to refinance debt and to support future growth. Ashley Stewart is an omni-channel retailer that sells apparel for plus-size women. Founded in 1991 and based in Secaucus, New Jersey, Ashley Stewart has 81 retail stores and a growing e-commerce platform that drove sales during the pandemic.
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Horizon Technology Finance Management Expands Operations and Investment Teams
May 17, 2022Horizon Technology Finance Management LLC ("Horizon"), a registered investment adviser that underwrites and manages secured loans made to companies in the technology, life science, healthcare information and services, and sustainability industries, and the manager and adviser for Horizon Technology Finance Corporation (NASDAQ: HRZN), today announced that it has added six professionals across its operations, legal and investment teams.
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RH Announces $500 Million Incremental Term Debt Financing
May 17, 2022The $500 million term debt financing (the “2022 Incremental Term Debt”) was completed by means of a 2022 Incremental Amendment through RH’s subsidiary, Restoration Hardware, Inc. (“RHI”), as the borrower, and Bank of America, N.A. as administrative agent .
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Monroe Capital Hires Gila Cohen to Head Global Institutional Partnerships
May 17, 2022-Monroe Capital LLC today announced Gila Cohen has joined the firm as Managing Director, Head of Global Institutional Partnerships based in the firm’s New York office. She will be responsible for new initiatives to expand Monroe’s global footprint, among institutional investors, focusing on the high growth Opportunistic and Real Estate private credit areas of the firm.
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Apple Bank Establishes Equipment Finance Group Industry Veteran Ken Walters to Lead New Team
May 17, 2022Apple Bank today announced that it is establishing an Equipment Finance Group to be headed by industry veteran Ken Walters and an initial core team of seven that has worked together for many years. The group, part of Apple Bank’s growing Commercial and Industrial (C&I) lending practice, will launch mid-May.
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Katten Welcomes Women Attorneys Back to Law Through OnRamp Fellowship
May 17, 2022Katten announced today that Lori Jacobs has joined the Financial Markets and Funds group in Washington, DC as an associate and the firm's first OnRamp Fellow, returning to the legal profession after taking time off to raise her children.
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Prestigious Band 1 Projects and Infrastructure Team Joins Paul Hastings
May 17, 2022Paul Hastings, a global law firm advising leading financial institutions, asset managers, and corporations, today announced the addition of a high-profile group of laterals specializing in Projects and Project Finance in Energy Transition and Infrastructure from Shearman & Sterling.
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Vision Ridge Announces Sale of Mitigation Banks In Southeast Texas
May 17, 2022Vision Ridge Partners, LLC (“Vision Ridge”), a preeminent investor in sustainable real assets, today announced the sale of a portfolio of mitigation banking assets in southeast Texas. Over the past 5 years, Vision Ridge partnered with The Earth Partners, an ecological restoration company that seeks to maximize environmental, social, and financial outcomes, to develop and manage the portfolio.
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Norton Rose Fulbright Expands in Los Angeles and Washington, DC with Environmental and Government Affairs Partner
May 17, 2022Global law firm Norton Rose Fulbright today announced that environmental regulation and government affairs lawyer Scott Burton has joined the firm as a partner in its Los Angeles and Washington, DC offices.
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SLR Equipment Finance Adds to its Underwriting Team with Scott Brandt Hire
May 17, 2022Scott Brandt joined SLR Equipment Finance as senior vice president - Risk. In his new role, Scott will utilize his prior experience in credit analysis and financial services to help grow SLR Equipment Finance’s evolving financial solutions platform.
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SG Credit Provides $3.0 Million SaaS Growth Capital Facility to Rallio
May 17, 2022SG Credit announced it provided $3 million Saas growth capital facility for Rallio. Rallio is a social media management SaaS platform that provides brand control and reputation management solutions to franchise businesses.
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InterNex Provides $4.5 Million Credit Facility to Pharmaceutical Company
May 17, 2022InterNex Capital announced the funding of a $4.5 million credit facility for a Southeast US based pharmaceutical manufacturer and distributor. The company sought working capital to expand product development and increase operational liquidity.
-
CNH Finance Announces Over $40 Million in New Commitments Throughout Q1 2022
May 17, 2022CNH Finance is pleased to announce over $40 million in new commitments throughout Q1 2022, continuing its trend of solid portfolio growth. Recent financings include revolving line of credit facilities secured by AR and a term loan. Recent transactions support several skilled nursing facilities and other healthcare providers.
-
SNC-Lavalin Extends its Corporate Credit Facilities and Incorporates a Sustainability-linked Framework that Further Advances its ESG Strategy
May 16, 2022Bank of Montreal, HSBC Bank Canada, Royal Bank of Canada, BNP Paribas, Canadian Imperial Bank of Commerce, National Bank Financial Markets, The Bank of Nova Scotia and TD Securities acted as Joint Bookrunners and Co-Lead Arrangers on the Revolving Credit Facility. National Bank Financial Markets, Bank of Montreal and The Bank of Nova Scotia acted as Joint Bookrunners and Co-Lead Arrangers on the Term Facility.
-
Winston and Strawn Advises Brandshare
May 16, 2022Winston and Strawn advised Brandshare, a leading provider of omnichannel brand experiences through product sampling and digital engagement, in its sale to Advantage Solutions from private equity investors Aperion Management, Leeds Novamark Capital, and Ocean Avenue Capital Partners.
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SLR Equipment Finance, Formerly Known as Nations Equipment Finance, Expands its business Development Capabilities and Announces That Phil Priolo has Joined the Company
May 16, 2022SLR Equipment Finance is pleased to announce Phil Priolo has joined as a senior president of Business Development. In his role, Phil will help grow SLR Equipment Finance’s leasing and lending activities with equipment dealers along the east coast of the U.S. Phil began his career with Prime Financial Group Inc. He most recently was with DLL Finance.
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Alexander Litt Appointed Co-Chair Of The Membership Committee Of The Commercial & Federal Litigation Section Of The New York State Bar Association
May 16, 2022Moritt Hock & Hamroff LLP has announced that Alexander Litt, an associate of the firm, has been recently appointed to serve as Co-Chair of the Membership Committee of the Commercial & Federal Litigation Section of the New York State Bar Association (COMFED).
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J D Factors Announces Factoring Facilities
May 16, 2022J D Factors announced it has provided the following factoring facilities: $100,000 to a transportation company in Ontario; $350,000 to a transportation company in California; $500,000 to a transportation company in Wisconsin; $100,000 to a transportation company in British Columbia; $350,000 to a transportation company in Alberta.
-
Cambridge Savings Bank Helps Local Business Owner Drive Impressive Growth with Commercial Lending Solution
May 18, 2022Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, today announced that its Commercial Lending team provided a $2.1 million commercial real estate mortgage and construction to permanent loan to acquire and renovate a new building in Hingham, Massachusetts to a special purpose entity controlled by Stephanie Hernan, President of Yankee Trader Seafood (YTS), in addition to a $300,000 working capital line of credit.
-
Bank of China Limited, London Branch Teams with LiquidX for Digital Trade Finance
May 18, 2022Bank of China London Branch, a UK leader in international trade financing for over 90 years, has entered an alliance with fintech technology solutions provider LiquidX for accounts receivable and supply chain finance. LiquidX is providing Bank of China London Branch with a state-of-the-art customized trade finance platform with integrated back-office program administration and built-in distribution capabilities.
-
Wingspire Capital Provides $30 Million Revolving Line of Credit To Ashley Stewart
May 17, 2022Wingspire Capital LLC provided a $30 million revolving line of credit to Ashley Stewart to refinance debt and to support future growth. Ashley Stewart is an omni-channel retailer that sells apparel for plus-size women. Founded in 1991 and based in Secaucus, New Jersey, Ashley Stewart has 81 retail stores and a growing e-commerce platform that drove sales during the pandemic.
-
Horizon Technology Finance Management Expands Operations and Investment Teams
May 17, 2022Horizon Technology Finance Management LLC ("Horizon"), a registered investment adviser that underwrites and manages secured loans made to companies in the technology, life science, healthcare information and services, and sustainability industries, and the manager and adviser for Horizon Technology Finance Corporation (NASDAQ: HRZN), today announced that it has added six professionals across its operations, legal and investment teams.
-
RH Announces $500 Million Incremental Term Debt Financing
May 17, 2022The $500 million term debt financing (the “2022 Incremental Term Debt”) was completed by means of a 2022 Incremental Amendment through RH’s subsidiary, Restoration Hardware, Inc. (“RHI”), as the borrower, and Bank of America, N.A. as administrative agent .
-
Monroe Capital Hires Gila Cohen to Head Global Institutional Partnerships
May 17, 2022-Monroe Capital LLC today announced Gila Cohen has joined the firm as Managing Director, Head of Global Institutional Partnerships based in the firm’s New York office. She will be responsible for new initiatives to expand Monroe’s global footprint, among institutional investors, focusing on the high growth Opportunistic and Real Estate private credit areas of the firm.
-
Apple Bank Establishes Equipment Finance Group Industry Veteran Ken Walters to Lead New Team
May 17, 2022Apple Bank today announced that it is establishing an Equipment Finance Group to be headed by industry veteran Ken Walters and an initial core team of seven that has worked together for many years. The group, part of Apple Bank’s growing Commercial and Industrial (C&I) lending practice, will launch mid-May.
-
Katten Welcomes Women Attorneys Back to Law Through OnRamp Fellowship
May 17, 2022Katten announced today that Lori Jacobs has joined the Financial Markets and Funds group in Washington, DC as an associate and the firm's first OnRamp Fellow, returning to the legal profession after taking time off to raise her children.
-
Prestigious Band 1 Projects and Infrastructure Team Joins Paul Hastings
May 17, 2022Paul Hastings, a global law firm advising leading financial institutions, asset managers, and corporations, today announced the addition of a high-profile group of laterals specializing in Projects and Project Finance in Energy Transition and Infrastructure from Shearman & Sterling.
-
Vision Ridge Announces Sale of Mitigation Banks In Southeast Texas
May 17, 2022Vision Ridge Partners, LLC (“Vision Ridge”), a preeminent investor in sustainable real assets, today announced the sale of a portfolio of mitigation banking assets in southeast Texas. Over the past 5 years, Vision Ridge partnered with The Earth Partners, an ecological restoration company that seeks to maximize environmental, social, and financial outcomes, to develop and manage the portfolio.
-
Norton Rose Fulbright Expands in Los Angeles and Washington, DC with Environmental and Government Affairs Partner
May 17, 2022Global law firm Norton Rose Fulbright today announced that environmental regulation and government affairs lawyer Scott Burton has joined the firm as a partner in its Los Angeles and Washington, DC offices.
-
SLR Equipment Finance Adds to its Underwriting Team with Scott Brandt Hire
May 17, 2022Scott Brandt joined SLR Equipment Finance as senior vice president - Risk. In his new role, Scott will utilize his prior experience in credit analysis and financial services to help grow SLR Equipment Finance’s evolving financial solutions platform.
-
SG Credit Provides $3.0 Million SaaS Growth Capital Facility to Rallio
May 17, 2022SG Credit announced it provided $3 million Saas growth capital facility for Rallio. Rallio is a social media management SaaS platform that provides brand control and reputation management solutions to franchise businesses.
-
InterNex Provides $4.5 Million Credit Facility to Pharmaceutical Company
May 17, 2022InterNex Capital announced the funding of a $4.5 million credit facility for a Southeast US based pharmaceutical manufacturer and distributor. The company sought working capital to expand product development and increase operational liquidity.
-
CNH Finance Announces Over $40 Million in New Commitments Throughout Q1 2022
May 17, 2022CNH Finance is pleased to announce over $40 million in new commitments throughout Q1 2022, continuing its trend of solid portfolio growth. Recent financings include revolving line of credit facilities secured by AR and a term loan. Recent transactions support several skilled nursing facilities and other healthcare providers.
-
SNC-Lavalin Extends its Corporate Credit Facilities and Incorporates a Sustainability-linked Framework that Further Advances its ESG Strategy
May 16, 2022Bank of Montreal, HSBC Bank Canada, Royal Bank of Canada, BNP Paribas, Canadian Imperial Bank of Commerce, National Bank Financial Markets, The Bank of Nova Scotia and TD Securities acted as Joint Bookrunners and Co-Lead Arrangers on the Revolving Credit Facility. National Bank Financial Markets, Bank of Montreal and The Bank of Nova Scotia acted as Joint Bookrunners and Co-Lead Arrangers on the Term Facility.
-
Winston and Strawn Advises Brandshare
May 16, 2022Winston and Strawn advised Brandshare, a leading provider of omnichannel brand experiences through product sampling and digital engagement, in its sale to Advantage Solutions from private equity investors Aperion Management, Leeds Novamark Capital, and Ocean Avenue Capital Partners.
-
SLR Equipment Finance, Formerly Known as Nations Equipment Finance, Expands its business Development Capabilities and Announces That Phil Priolo has Joined the Company
May 16, 2022SLR Equipment Finance is pleased to announce Phil Priolo has joined as a senior president of Business Development. In his role, Phil will help grow SLR Equipment Finance’s leasing and lending activities with equipment dealers along the east coast of the U.S. Phil began his career with Prime Financial Group Inc. He most recently was with DLL Finance.
-
Alexander Litt Appointed Co-Chair Of The Membership Committee Of The Commercial & Federal Litigation Section Of The New York State Bar Association
May 16, 2022Moritt Hock & Hamroff LLP has announced that Alexander Litt, an associate of the firm, has been recently appointed to serve as Co-Chair of the Membership Committee of the Commercial & Federal Litigation Section of the New York State Bar Association (COMFED).
-
J D Factors Announces Factoring Facilities
May 16, 2022J D Factors announced it has provided the following factoring facilities: $100,000 to a transportation company in Ontario; $350,000 to a transportation company in California; $500,000 to a transportation company in Wisconsin; $100,000 to a transportation company in British Columbia; $350,000 to a transportation company in Alberta.
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