An entire plant full of machinery and equipment featuring injection molding and chrome plating machinery is being auctioned via webcast on June 2, 2022 in Colon, Queretaro, Mexico. Most of the equipment is new as of 2017, 2018 and 2019. The auction was originally scheduled for May 12 but has been moved to the new date.

Wayflyer, the revenue-based financing and growth platform for eCommerce businesses, secured and began deploying $300m in debt financing from global financial services leader J.P. Morgan, with Neuberger Bermann acting as a mezzanine provider.

Huntington National Bank, a subsidiary of Huntington Bancshares, Incorporated (Nasdaq: HBAN) announced today it has acquired Digital Payments Torana, Inc. (Torana), a business-to-consumer payments fintech based in San Francisco. Torana's digital payments solution, which will launch as Huntington ChoicePay, will further enhance Huntington's digital capabilities and advance Huntington's enterprise payments strategy.

Hilco Global is pleased to announce that Robert (Bob) Grosskopf, former Co-President of Gordon Brothers Retail Partners, has joined Hilco Merchant Resources (HMR) as an Executive Vice President. Mr. Grosskopf is a savvy veteran of the inventory disposition industry and will focus on executing transactions in connection with Retail Mergers & Acquisitions, Restructuring and other strategic initiatives at Hilco Merchant Resources.

Amerisource Business Capital announced the closing and funding of a $10,000,000 credit facility for a Texas based design, engineering, and manufacturing firm. The proceeds were used to provide working capital for the company’s expected growth.

LSQ, a leading provider of working capital finance and payments solutions, recently created a $5 million working capital facility and accounts receivable management program for a California-based trucking and logistics company. The company will use the additional capital to support growth and new customer acquisition.

Amerisource Business Capital announced the closing and funding of a $1,500,000 credit facility for a New York based cookie and dessert production firm. The proceeds were used to provide working capital for the company’s expected growth.

Winston & Strawn represented KeyBank N.A. in connection with a Seventh Amendment of an ABL Receivables Credit Facility with Great Rock Capital Partners Management, LLC.

Capital Southwest Corporation (“Capital Southwest”) (Nasdaq: CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, today announced an amendment to its senior secured credit facility (the “Credit Facility”).

CleanCapital announced today that it has closed on a credit facility of up to $200 million to support its pipeline of distributed solar and energy storage projects. Rabobank will act as mandated lead arranger, administrative agent, and collateral agent.

Provident Bank, a leading New Jersey-based financial institution, announced today that Tara Brady has joined the Bank as First Vice President, Customer Experience Director. The newly created position underscores the Bank’s commitment to elevate the customer experience.

Global law firm Greenberg Traurig, LLP continues the strategic expansion of its Private Funds Group with the addition of Curtis Stefanak, an experienced fund formation and investment management attorney, as client demand for private investment funds remains strong.

Dwight Capital closed over $227.2MM in real estate financings during April. Featured among Dwight’s transactions are HUD loans for Highland Ridge Apartments and Harbor Heights Apartments, and a bridge loan for 235 Valencia Street.

Deserve, the venture-backed fintech company expanding and powering the real-time credit card economy, announced today a new $250 million credit facility with Goldman Sachs, Cross River, and Waterfall Asset Management. With Deserve's digital-first, mobile-centric, and highly configurable credit card platform, the company will use this new funding to meet the growing demand from financial institutions, fintechs, and consumers.

Today, Cypress Environmental Partners, L.P. (NYSE: CELP) (“Cypress” or the “Company”) announced that it filed for Chapter 11 bankruptcy protection and reached a restructuring support agreement with its priority senior secured lender, an affiliate of Argonaut Private Equity (“Argonaut”), that is expected to clear approximately $58 million worth of debt.

FTI Consulting, Inc. (NYSE: FCN) today announced continued investment in the Corporate Finance & Restructuring segment in France with the appointment of business transformation expert Thierry Miremont as a Senior Managing Director in Paris.

Prestige Capital has a long history of providing funds to companies to address immediate working capital needs. In 2018, Prestige Capital provided a $3M factoring facility to a west coast staffing company providing both temporary and permanent staffing. A little more than a year later this client graduated from the Prestige Capital program and was able to secure financing from a traditional bank.

J D Factors announced it provided the following factoring facilities: $100,000 to a transportation company in Ontario; $150,000 to a transportation company in Florida; $1,000,000 to a transportation company in Quebec; $500,000 to a transportation company in Alberta and $300,000 to a transportation company in Ontario.

Wintrust Receivables Finance (WRF) is pleased to announce the closing of a new $19,500,000 credit facility for this Midwest-based provider of hospitality staffing. The company specializes in the recruitment and placement of hospitality professionals. The Company's clients include corporate dining companies, country clubs, hospital food service companies, special events centers, stadiums, and hotels.

BNP Paribas, a leading global bank, announced today that it has recently closed an amendment to add sustainability-linked incentives to its Letter of Credit (“LC”) Facility with renewable power producer, Northland Power Inc. (“Northland”).