HB 2706, the Missouri financial disclosure bill, was voted out of Committee this week. To our satisfaction, the House version of this bill now exempts factoring, but the Senate bill does not.

Trimble (NASDAQ: TRMB) announced today that it has entered into a new five-year, $1.25 billion revolving credit facility. This facility links two of Trimble's sustainability commitments—reducing greenhouse gas emissions and increasing gender diversity with more female representation in the workplace—to its financial liquidity framework and integrates sustainability performance into its business strategy. The new facility replaces Trimble's previous $1.25 billion revolving credit facility established in 2018.

Eastern Bank is pleased to announce Boston Battery LLC as a new asset based lending customer. Boston Battery is an independent, locally owned wholesale distributor of Interstate Batteries, North America’s market leading automotive battery brand for over 60 years. Boston Battery serves the southern New England market via its four retail locations and over 1,000 authorized dealers.

Celtic Capital was called in to provide replacement financing and additional working capital for the Company’s anticipated growth in 2022. Celtic provided a $1,250,000 accounts receivable line of credit and a $250,000 inventory line of credit to meet the Company’s objectives.

J D Factors announced it has provided the following factoring facilities: $500,000 to a transportation company in Georgia; $250,000 to a transportation company in California; $200,000 to a transportation company in Pennsylvania and $75,000 to a transportation company in Ontario.

CIT, a division of First Citizens Bank, today announced that its Real Estate Finance business provided $35.6 million for the acquisition of two multifamily residential properties in the North Shore area of Massachusetts. The Heights at Haverhill, located in Haverhill, Massachusetts, and the Thorndike Exchange in nearby Lowell, Massachusetts, comprise 107 residential rental units with accompanying office and retail space on the ground floor.

H.I.G. Capital, LLC ("H.I.G."), a leading global alternative investment firm with $48 billion of capital under management, is pleased to announce the expansion of its dedicated Infrastructure team with the addition of Antonio Botija as a Managing Director in H.I.G.’s London office and George Watts as Managing Director in H.I.G.’s New York office.

Experienced financial services and capital markets attorneys Laura E. Hoag and Joseph J. Ricotta have joined the firm’s Washington office as partner and of counsel, respectively. Laura focuses her practice on domestic and international financings, debt restructurings, and commercial business transactions; Joe focuses his practice on transactional law and debt finance.

Ball and Shearer advise private credit providers, including senior lenders, business development companies, mezzanine funds, small business investment company funds, insurance companies and sovereign wealth funds, on a wide range of financing structures across a variety of industries.

iRhythm Technologies, Inc. (NASDAQ: IRTC), a leading digital healthcare solutions company focused on the advancement of cardiac care, announced it has amended its existing debt facility with Silicon Valley Bank (the “Amended Credit Facility”). The agreement improves upon the pricing and terms of iRhythm’s existing credit facility (“Existing Credit Facility”).

As part of the expanded Revolving Facility, Morgan Stanley Senior Funding, Inc., Raymond James Bank, and SouthState Bank, N.A. joined the syndication. The bank group is led by J.P. Morgan Securities LLC as administrative agent, joint lead arranger, and joint bookrunner.

SLR Equipment Finance announced the appointment of Tom Casey as Chief Executive Officer. Casey joins SLR with over 30 years in the finance industry and 25 years of vendor finance focused experience. Casey was most recently with De Lage Landen Financial Services.

A California-based private-label organic baby food manufacturing and co-packer needed a working capital line to increase volume in order to add additional product lines to their offering. They previously secured a credit facility based on real estate and machinery from their bank but a prospective AR lender that they were hoping to receive funding from backed out at the 11th hour.

Stonebriar Commercial Finance (“Stonebriar”) today announced that Justin McVeigh and Jennifer Franklin have joined the company as Senior Associate and Executive Assistant, respectively, both based in Plano, Texas. Justin will support the originations and credit functions with contributions to sourcing and assessment of new opportunities.

MidOcean Partners (“MidOcean”), a premier New York-based alternative asset manager specializing in alternative credit investments and middle-market private equity, announced today that Joseph Rotondo, Senior Portfolio Manager for Invesco’s Global Senior Loan group, will be joining the firm as Senior Portfolio Manager for MidOcean Credit’s Collateralized Loan Obligation (“CLO”) business.

Barclays today announces the appointment of Graham Warner as Americas Head of International Corporate Banking. Graham will report to Phil Bowkley, Head of International Corporate Banking, and will be based in New York.

WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), today announced that Liam Brickley has been named Senior Vice President, Chief Credit Officer, reporting to Christine E. Davis, Executive Vice President, Chief Risk Officer (CRO). In his role, Brickley will be responsible for the oversight and administration of the Bank's commercial, consumer and other credit exposures, loan policies and procedures.

On 25 March 2022, Lassila & Tikanoja plc signed a revolving credit facility of EUR 40 million tied to sustainability targets. The revolving credit facility matures in the first quarter of 2025, and the agreement includes a one-year extension option. The agreement was signed with Danske Bank.

MetaBank®, N.A., an industry leading financial empowerment company, today announced it is changing its name to Pathward, N.A. To unite the company under a single identity following a series of strategic acquisitions, MetaBank initiated a brand strategy review last year. The new name, Pathward, is born out of the company’s purpose to power financial inclusion for all and its commitment to providing a path forward to people and businesses so they can reach the next stage of their financial journey.

ING Capital LLC, PNC, Fifth Third, Bank of America and BMO Harris Bank served as Joint Lead Arrangers and ING Capital LLC served as sole Bookrunner and Sustainability Structuring Agent. The new credit facility is the first financing Green Plains has issued with sustainability-linked targets. This new approach is an important step in Green Plains’ sustainability journey as it ties the financial structure of the company to sustainability initiatives outlined in its 2020 Sustainability Report.