Tradewind Finance is pleased to announce it has closed a USD 20 million export factoring facility for a steel trading company based in Hong Kong. The facility, in addition to the steel trader’s significant existing borrowing facilities, will be used to support the company’s growing international trade requirements, primarily to the US and Europe and upcoming trade deals based in South America and Southeast Asia.

Stonebriar Commercial Finance (“Stonebriar” or “SCF”) announces the closing of a $69 million financing for the repositioning of vacant industrial real estate. This 85 percent loan-to-cost mortgage financed both the purchase and redevelopment of a single industrial asset into two separate triple-net (NNN) properties.

Winston & Strawn represented The Vistria Group in its majority recapitalization of Education Solutions Services (ESS.) ESS is one of the nation's leading scaled managed services companies dedicated to K-12 outsourced substitute, paraprofessional, and in-classroom virtual teacher solutions.

Bridge Bank today announced its Technology Banking Group has closed on a $40 million credit facility for Sayari Labs Inc., a Washington, D.C.-based leader in financial intelligence and supply chain risk solutions. The credit facility includes venture debt and a monthly recurring revenue (MRR) line of credit to help fund Sayari’s growth.

Centogene N.V. (Nasdaq: CNTG), a commercial-stage company focused on generating data-driven insights to diagnose, understand, and treat rare diseases, today announced the closing of a EUR 15 million (approx. USD 17 million) private placement financing from investors led by DPE Deutsche Private Equity, TVM Capital Life Science, and Careventures (the “Private Placement Financing”), as well as the entry into a USD 45 million senior secured loan facility provided by Oxford Finance LLC, a specialty finance firm providing senior debt to life sciences and healthcare companies (the “Loan Facility”).

FGI Worldwide LLC (www.FGIWW.com) has announced that Sami Altaher has been named President of FGI, effective today, February 1st. David DiPiero will continue to serve in his role as Chief Executive Officer. Mr. Altaher’s promotion and Mr. DiPiero’s continued service as CEO reflect their long-term vision for the senior leadership of FGI and their respective responsibilities.

Eighty-five percent of business leaders say the most important factor when choosing a banking partner is whether the financial institution offers real-time payments (RTP) capabilities, according to Citizens’ annual payments and treasury survey.

J D Factors announced it provided the following factoring facilities: $400,000 to a transportation company in British Columbia; $75,000 to a transportation company in Ontario; $400,000 to a transportation company in California; $400,000 to a commercial landscaping maintenance company in Florida...

goeasy Ltd. (TSX: GSY), (“goeasy” or the “Company”), one of Canada’s leading non-prime consumer lenders, announced today enhancements to its existing revolving securitization warehouse facility (the “Securitization Facility”) and senior secured revolving credit facility (the “Credit Facility”).

Hilco Corporate Finance is excited to announce the addition of Sheon Karol to the Hilco Corporate Finance team. Mr. Karol will serve as Managing Director in Corporate Finance/Special Situations. Mr. Karol is a nationally prominent investment banker and restructuring advisor. He joins the Hilco Corporate Finance team to build the special situations and restructuring practice nationally. Mr. Karol will be based in the New York office.

Bridge Bank today announced its Technology Banking Group has provided $7 million in venture debt to Appcues, which builds technology to identify onboarding issues and provide low-code, non-technical solutions to fix them. The deal was led by Brendan Carr and Michael Walsh, both of whom are based in Bridge Bank’s Boston office.

Manufacturers Bank is pleased to welcome Michael Leary, a Chartered Financial Analyst®, as Executive Vice President and Chief Risk Officer, reporting to Kazuhisa Miyagawa, Chairman and CEO, and functionally to the Manufacturers Bank Board of Directors and to Kim Olson, Chief Risk Officer of the Americas Division of SMBC, the bank’s parent company.

Australian supply chain finance and technology provider Octet has today announced the appointment of Judo Bank Co-Founder and former Chief Operations/Product Officer Tim Alexander as Non-Executive Director to the Board, effective from January 2022.

JPMorgan Chase Bank, N.A. acted as Administrative Agent; Wells Fargo Bank, N.A. and Citizens Bank, N.A. as Syndication Agents; Bank of America, N.A., Citibank, N.A., PNC Bank, N.A., Silicon Valley Bank, and TD Bank, N.A. as Documentation Agents, and JPMorgan Chase Bank, N.A. acted as Sole Bookrunner and Sole Lead Arranger.

Twenty deals were closed in 2021 with $566.5 million in facilities.

Tony LaMarca has been named as executive vice president and chief lending officer at 1st Colonial Community Bank, which operates branches on West Linfield-Trappe Road in Limerick and in Collingswood and Westville NJ. He will direct and manage its commercial lending activities, including a continued roll-out of the bank’s loan origination system, and lead its customer expansion plans.

Innocoll Biotherapeutics plc, a specialty pharmaceutical company and portfolio business of Gurnet Point Capital, announced today the successful refinancing of its existing term loan facility with a new $125 million term loan provided by funds managed by Oaktree Capital Management, L.P. (“Oaktree”). The new term loan meaningfully strengthens Innocoll’s financial flexibility and enables the Company to further invest in its R&D program and commercial organization for its innovative products.

Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) ("Chicago Atlantic" or the “Company”), a commercial real estate finance company, announced today it funded $10 million as the initial advance of a new $25 million senior secured credit facility to Sanctuary Medicinals LLC ("Sanctuary") to support their retail and cultivation expansion in Florida.

SierraConstellation Partners LLC (SCP), an interim management and advisory firm to middle-market companies in transition, today announced that Colby Whitlow and Stuart Miles have joined the firm’s Dallas office. Whitlow and Miles reflect SCP’s growing commitment to the region and will work to expand the firm’s existing presence in Dallas and the Southwestern U.S.

Commercial Finance Partners (CFP) is pleased to announce the launching of Employee Retention Credit (ERC) Funding and Qualification programs. Originally passed as part of the CARES Act, the ERC has been expanded to offer enhanced benefits to small business owners.