Lenders are adding AI to covenant testing, borrowing base review and portfolio monitoring, and most of the accuracy figures they see come from the vendors themselves. ClauseGrade, a new independent testing firm built by credit practitioners, tests those tools against a fixed set of synthetic lending tasks whose answer keys are computed in code.

Following a remarkable year of lateral partner growth, Barnes & Thornburg has promoted 25 lawyers to the partnership, effective Jan. 1, 2027. The new partner class features lawyers from six practices and 10 offices.

Chicago Atlantic announced today that it provided a senior secured credit facility to Watermark Commercial Contractors, LLC (“Watermark”), a Texas-based multifamily general contractor, to fund its acquisition of Val-Chris Investments, Inc. (“Val-Chris”). The financing allowed Watermark to complete the acquisition and provides additional growth capital as the business scales.

Ares Capital Corporation (NASDAQ: ARCC) (“Ares Capital”) and MidCap Financial Investment Corporation (NASDAQ: MFIC) (“MFIC”) announced today that they have entered into a definitive merger agreement under which Ares Capital will acquire MFIC in a stock-and-cash transaction for a total enterprise value of approximately $2.6 billion (the “Transaction”).

Bizcap, a global fintech providing fast, flexible funding to small and medium-sized businesses, today announced the closing of a $175 million credit facility with a leading US institutional credit manager, strengthening its capacity to expand across the United States and Canada.

Installed Building Products, Inc. (the “Company” or “IBP”) (NYSE: IBP), an industry-leading installer of insulation and complementary building products, announced today the closing of a $250 million increase to its outstanding Term Loan B (the “Add-On”), bringing the total outstanding principal amount to approximately $740 million.

FGI Worldwide LLC (“FGI”), a global leader in the commercial finance industry, is pleased to announce the appointment of Matthew Hinders as Director of Business Development for FGI Finance. Based in Dallas, Matt’s appointment establishes FGI Finance’s presence in Texas and marks an important step in the company’s continued growth.

JPalmer Collective (JPC), a leading customized asset-based lending (ABL) solutions provider for high-growth companies, today announced the appointment of Todd Waldrip as Senior Vice President, ABL Originations. In this role, he will focus on structuring facilities for manufacturing, distribution and service companies, as well as other middle-market businesses throughout the United States.

Bank of America and Morgan Stanley today announced a sixty three billion dollar $63 billion transaction to enable the deployment of A IAI compute capacity, leveraging Broadcom Inc.’s technology, for Anthropic. This transaction is part of the strategic compute capacity agreement previously announced by Broadcom, with expected deliveries starting in calendar 2027.

Reporting to CEO Eric Ellingsen, MacDonald will oversee CB&T’s Commercial, Corporate and Specialty Industry banking businesses, while working closely with the leadership team on the bank’s broader strategic execution and market expansion across California.

Hilco Global's Intellectual Property Services group, a leading advisor in intangible asset valuation, advisory, and monetization, has been retained to manage the sale of the intellectual property and related assets of PicoBrew, a pioneer in automated craft beverage appliances for consumer and commercial applications.

CohnReznick, a leading professional services firm, today announced that Matt Twomey has joined the firm as a Managing Director in its Restructuring & Dispute Resolution Services practice and leader of the M&A Purchase Price Disputes practice.

Alpine Ridge Funding ("ARF") is pleased to announce the closing of a $9 million factoring facility for a consumer brand launching an exclusive collection of fragrances and home goods with a leading national retailer. The facility includes $6 million of availability at closing and a $3 million accordion that can be accessed as the Company's retail program expands.

Gateway Trade Funding, a leading provider of purchase order finance and stretch finance solutions, announced that it has significantly increased purchase order financing for a pet products company with a $1.3 million facility to support the business as sales have doubled in 2026.

MONTICELLOAM, LLC (“MONTICELLOAM”), a specialized seniors housing and multifamily bridge lending platform, along with firm affiliates, provided $180,000,000 in bridge and working capital financing to a skilled nursing portfolio throughout Massachusetts and Rhode Island.

Tiger Finance, the lending platform of Tiger Capital Group, committed $78 million in new asset-based financing to retail and consumer-products companies during the third quarter of 2026. The facilities included revolving credit, term loans and first-in, last-out (FILO) debt.

Tiger Finance, the lending platform of Tiger Capital Group, committed $78 million in new asset-based financing to retail and consumer-products companies during the third quarter of 2026. The facilities included revolving credit, term loans and first-in, last-out (FILO) debt. Tiger funded refinancings, growth plans, dividend recaps and added supplemental liquidity for both sponsor-backed and non-sponsored borrowers.

Republic Business Credit provided a $1 million factoring facility to a fast-growing Southwestern fuel transportation and distribution company. The facility delivers immediate liquidity to support the Company’s urgent working capital needs and revenue expansion.

Firm represents the leading independent sell-side advertising company in transactions designed to reduce borrowing costs and enhance financial flexibility.

Weave Communications, Inc. (“Weave”), a leading AI-powered patient engagement and payments platform purpose-built for healthcare practices, today announced the completion of its acquisition by Francisco Partners, a leading global investment firm that specializes in partnering with technology and technology-enabled businesses, in an all-cash transaction valued at approximately $650 million.