• SierraConstellation Partners Expands Dallas Office with Two New Hires
    January 31, 2022
    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 Announces Employee Retention Credit Funding and Qualification Programs
    January 31, 2022
    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.
  • Gridiron Capital Announces Class Valuation’s Acquisition of Metro-West and Valuation Link
    January 31, 2022
    Gridiron Capital, LLC (“Gridiron Capital”), an investment firm focused on partnering with founders, entrepreneurs, and management teams is pleased to announce that one of its portfolio companies, Class Valuation (the “Company”), has acquired Metro-West and subsidiary, Valuation Link.
  • National Citizens Business Conditions Index™ Drops, Remains Expansionary as Strong Momentum Overrides Concerns
    January 31, 2022
    Citizens announced today that the quarterly national Citizens Business Conditions Index™ (CBCI) was 54.4 for the fourth quarter, down from 57.8 at the end of September, but still in expansionary territory. Following particularly high readings in the second and third quarters, the latest index value still reflects the demand momentum that is driving business conditions.
  • BC Craft Secures Interim Financing from Avro Capital Corp.
    January 31, 2022
    VANCOUVER, British Columbia., Jan. 27, 2022 (GLOBE NEWSWIRE) -- BC Craft Supply Co. Ltd., (CSE: CRFT) (“CRFT” or collectively, the “Company”), today announces that further to its news release of January 25, 2022, it has secured an interim financing facility (the “Interim Facility”) from Avro Capital Corp. (“Avro”) which was approved by the Supreme Court of British Columbia pursuant to the terms of a debtor-in-possession financing term sheet between the Company and Avro.
  • BMO Harris Bank Earns Top Score in Human Rights Campaign Foundation's 2022 Corporate Equality Index
    January 31, 2022
    BMO Harris Bank received a score of 100 on the Human Rights Campaign Foundation's 2022 Corporate Equality Index (CEI), a national benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality. This is the fifth consecutive year that BMO has been recognized with this honor.
  • Percent Acquires Data-Powered Lending Solution from MidCap Financial to Further Disrupt Private Credit Markets
    January 31, 2022
    Percent, the capital markets platform transforming the multi-trillion-dollar lending industry, today announces the acquisition of proprietary portfolio surveillance and risk management technology from MidCap Financial, a middle market-focused, specialty finance firm, managed by Apollo Capital Management, L.P. Financial terms of the deal have not been disclosed.
  • Livingstone Sets the Floor for Wynnchurch Capital Portfolio Company on its Refinancing
    January 27, 2022
    Livingstone is pleased to announce the successful refinancing of Foss Manufacturing Company, LLC ("Foss Floors" or "the Company"), a portfolio company of Wynnchurch Capital. Wells Fargo Capital Finance ("Wells Fargo") provided the financing.
  • Gerald Group Successfully Refinances its Twelfth Revolving Credit Facility
    January 27, 2022
    Gerald Group ("Gerald / the Group"), the world's largest independent and employee-owned metals trading house has successfully executed its twelfth annual Revolving Credit Facility ("RCF") for US$ 140 million. The Group, together with Credit Agricole and Credit Suisse (acting as Mandated Lead Arrangers), and Credit Agricole acting as Document Agent, and further supported by Deutsche Bank, DBS Bank, Banco do Brasil, Arab Bank, Banque Cantonale Vaudoise, Erste and UniCredit, arranged, documented and executed the RCF in under 2 months.
  • Old National and First Midwest Receive Final Regulatory Approval for Merger of Equals
    January 27, 2022
    Old National Bancorp (“Old National”) (NASDAQ: ONB) and First Midwest Bancorp, Inc. (“First Midwest”) (NASDAQ: FMBI), today announced that their merger of equals transaction, announced on June 1, 2021, has received Federal Reserve approval. This follows approvals received last year from the Office of the Comptroller of the Currency and stockholders of both companies.
  • Zions Bancorporation Completes Asset-Based Lending Deal With Houston Chemical Manufacturer
    January 27, 2022
    Zions Bancorporation, N.A., through its Texas division, Amegy Bank of Texas, closed and funded an $10,000,000 credit facility for a manufacturer of oilfield chemicals. The credit facility consisted of a multi-year revolving line of credit.
  • Access Capital Provides $400,000 Credit Facility for Intero Group
    January 27, 2022
    Intero provides specialized talent and consulting to prominent health systems across the US including Remote Medical Coding, Auditing, Clinical Documentation Improvement (CDI), and Revenue Cycle Management. (RCM) In 2021, Intero also brought in industry veteran Ryan Moloney as National Director to launch / lead a Tech Staffing vertical to address a huge need in Cyber Security staffing.
  • Boston Financial & Equity Closes $3 Million Equipment Lease for Start Up Company
    January 27, 2022
    Boston Financial & Equity recently closed a $3 million equipment lease line pari passu with a partner. The company based in California formed in May 2021 has raised a $20 million A round and is focused on the lithium ion battery manufacturing industry.
  • Three-Way Partnership Boosts Working Capital for U.S. Exporter; Helps Protect American Jobs
    January 27, 2022
    Accessing affordable and predictable working capital is essential for any company looking to navigate today’s complex supply chains. So when a large commodities exporter needed to improve its cash flow, a partnership between the Export-Import Bank of the United States (EXIM) Huntington Bancshares, Incorporated, and LSQ created an innovative supply chain finance (SCF) program to keep production humming, workers employed, and product moving - for the exporter and its suppliers.
  • Cerebro Capital Hits $3.3B Milestone and Builds Out Credit Originations Team
    January 27, 2022
    Cerebro Capital, a commercial loan marketplace, today announced the appointment of John Robinson and James Paterson as Managing Directors of Credit Origination. Together, Robinson and Paterson will source credit opportunities among private equity firms, investment banks, and other advisors to the middle-market for placement on Cerebro's platform.
  • Northleaf Announces Appointment of Technology Entrepreneur Michael Hyatt as a Senior Advisor to Its Venture Capital and Growth Equity Program
    January 27, 2022
    Northleaf Capital Partners (“Northleaf”), a global private markets investment firm, is pleased to announce the appointment of Michael Hyatt as a Senior Advisor supporting Northleaf’s venture capital and growth equity investment program. Michael will work alongside the Northleaf private equity and venture capital team to source and evaluate investment opportunities.
  • Fifth Third Business Capital Provides $14.5 Million in Refinancing to Alliance Precision Plastics
    January 27, 2022
    Founded in 1953, Alliance Precision Plastics is a value-added manufacturer of thermoplastic component parts. The Company sells primarily to the healthcare/hospital equipment, business office machine, consumer appliance, industrial equipment and sporting equipment markets. Learn more about Alliance by visiting allianceppc.com.
  • LiquidX Grows Insurance Business 600% as Adoption of Digital Platform Accelerates
    January 27, 2022
    Following strong results in 2020, LiquidX’s insurance business continued its positive momentum by posting revenue growth of 600% and expanding its network to over 350 unique insurance platform users in 2021. This growth was largely driven by the adoption of the LiquidX Partner Program, a white label offering that enables clients across the Credit Insurance value chain – brokers, insurers, alternative risk providers, and insured parties – to digitize their operations by leveraging LiquidX technology.
  • LSQ Creates $7MM Credit Facility for Washington Tech Company
    January 27, 2022
    LSQ, a leading provider of working capital and payments solutions, recently originated a $7 million credit facility for a technology hardware company in Washington. The company will use the additional capital to fund their projected demand growth for new and existing products.
  • Solifi Joins Blackberry Ivy Advisory Council to Enhance The Connected Vehicle Future With Data-Driven Automotive Finance Use Cases
    January 27, 2022
    Solifi today announced a collaboration with BlackBerry Limited that will integrate BlackBerry IVY™ with the company’s open finance platform to drive innovative, high-impact finance use cases for OEMs and automotive finance providers.
  • SierraConstellation Partners Expands Dallas Office with Two New Hires
    January 31, 2022
    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 Announces Employee Retention Credit Funding and Qualification Programs
    January 31, 2022
    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.
  • Gridiron Capital Announces Class Valuation’s Acquisition of Metro-West and Valuation Link
    January 31, 2022
    Gridiron Capital, LLC (“Gridiron Capital”), an investment firm focused on partnering with founders, entrepreneurs, and management teams is pleased to announce that one of its portfolio companies, Class Valuation (the “Company”), has acquired Metro-West and subsidiary, Valuation Link.
  • National Citizens Business Conditions Index™ Drops, Remains Expansionary as Strong Momentum Overrides Concerns
    January 31, 2022
    Citizens announced today that the quarterly national Citizens Business Conditions Index™ (CBCI) was 54.4 for the fourth quarter, down from 57.8 at the end of September, but still in expansionary territory. Following particularly high readings in the second and third quarters, the latest index value still reflects the demand momentum that is driving business conditions.
  • BC Craft Secures Interim Financing from Avro Capital Corp.
    January 31, 2022
    VANCOUVER, British Columbia., Jan. 27, 2022 (GLOBE NEWSWIRE) -- BC Craft Supply Co. Ltd., (CSE: CRFT) (“CRFT” or collectively, the “Company”), today announces that further to its news release of January 25, 2022, it has secured an interim financing facility (the “Interim Facility”) from Avro Capital Corp. (“Avro”) which was approved by the Supreme Court of British Columbia pursuant to the terms of a debtor-in-possession financing term sheet between the Company and Avro.
  • BMO Harris Bank Earns Top Score in Human Rights Campaign Foundation's 2022 Corporate Equality Index
    January 31, 2022
    BMO Harris Bank received a score of 100 on the Human Rights Campaign Foundation's 2022 Corporate Equality Index (CEI), a national benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality. This is the fifth consecutive year that BMO has been recognized with this honor.
  • Percent Acquires Data-Powered Lending Solution from MidCap Financial to Further Disrupt Private Credit Markets
    January 31, 2022
    Percent, the capital markets platform transforming the multi-trillion-dollar lending industry, today announces the acquisition of proprietary portfolio surveillance and risk management technology from MidCap Financial, a middle market-focused, specialty finance firm, managed by Apollo Capital Management, L.P. Financial terms of the deal have not been disclosed.
  • Livingstone Sets the Floor for Wynnchurch Capital Portfolio Company on its Refinancing
    January 27, 2022
    Livingstone is pleased to announce the successful refinancing of Foss Manufacturing Company, LLC ("Foss Floors" or "the Company"), a portfolio company of Wynnchurch Capital. Wells Fargo Capital Finance ("Wells Fargo") provided the financing.
  • Gerald Group Successfully Refinances its Twelfth Revolving Credit Facility
    January 27, 2022
    Gerald Group ("Gerald / the Group"), the world's largest independent and employee-owned metals trading house has successfully executed its twelfth annual Revolving Credit Facility ("RCF") for US$ 140 million. The Group, together with Credit Agricole and Credit Suisse (acting as Mandated Lead Arrangers), and Credit Agricole acting as Document Agent, and further supported by Deutsche Bank, DBS Bank, Banco do Brasil, Arab Bank, Banque Cantonale Vaudoise, Erste and UniCredit, arranged, documented and executed the RCF in under 2 months.
  • Old National and First Midwest Receive Final Regulatory Approval for Merger of Equals
    January 27, 2022
    Old National Bancorp (“Old National”) (NASDAQ: ONB) and First Midwest Bancorp, Inc. (“First Midwest”) (NASDAQ: FMBI), today announced that their merger of equals transaction, announced on June 1, 2021, has received Federal Reserve approval. This follows approvals received last year from the Office of the Comptroller of the Currency and stockholders of both companies.
  • Zions Bancorporation Completes Asset-Based Lending Deal With Houston Chemical Manufacturer
    January 27, 2022
    Zions Bancorporation, N.A., through its Texas division, Amegy Bank of Texas, closed and funded an $10,000,000 credit facility for a manufacturer of oilfield chemicals. The credit facility consisted of a multi-year revolving line of credit.
  • Access Capital Provides $400,000 Credit Facility for Intero Group
    January 27, 2022
    Intero provides specialized talent and consulting to prominent health systems across the US including Remote Medical Coding, Auditing, Clinical Documentation Improvement (CDI), and Revenue Cycle Management. (RCM) In 2021, Intero also brought in industry veteran Ryan Moloney as National Director to launch / lead a Tech Staffing vertical to address a huge need in Cyber Security staffing.
  • Boston Financial & Equity Closes $3 Million Equipment Lease for Start Up Company
    January 27, 2022
    Boston Financial & Equity recently closed a $3 million equipment lease line pari passu with a partner. The company based in California formed in May 2021 has raised a $20 million A round and is focused on the lithium ion battery manufacturing industry.
  • Three-Way Partnership Boosts Working Capital for U.S. Exporter; Helps Protect American Jobs
    January 27, 2022
    Accessing affordable and predictable working capital is essential for any company looking to navigate today’s complex supply chains. So when a large commodities exporter needed to improve its cash flow, a partnership between the Export-Import Bank of the United States (EXIM) Huntington Bancshares, Incorporated, and LSQ created an innovative supply chain finance (SCF) program to keep production humming, workers employed, and product moving - for the exporter and its suppliers.
  • Cerebro Capital Hits $3.3B Milestone and Builds Out Credit Originations Team
    January 27, 2022
    Cerebro Capital, a commercial loan marketplace, today announced the appointment of John Robinson and James Paterson as Managing Directors of Credit Origination. Together, Robinson and Paterson will source credit opportunities among private equity firms, investment banks, and other advisors to the middle-market for placement on Cerebro's platform.
  • Northleaf Announces Appointment of Technology Entrepreneur Michael Hyatt as a Senior Advisor to Its Venture Capital and Growth Equity Program
    January 27, 2022
    Northleaf Capital Partners (“Northleaf”), a global private markets investment firm, is pleased to announce the appointment of Michael Hyatt as a Senior Advisor supporting Northleaf’s venture capital and growth equity investment program. Michael will work alongside the Northleaf private equity and venture capital team to source and evaluate investment opportunities.
  • Fifth Third Business Capital Provides $14.5 Million in Refinancing to Alliance Precision Plastics
    January 27, 2022
    Founded in 1953, Alliance Precision Plastics is a value-added manufacturer of thermoplastic component parts. The Company sells primarily to the healthcare/hospital equipment, business office machine, consumer appliance, industrial equipment and sporting equipment markets. Learn more about Alliance by visiting allianceppc.com.
  • LiquidX Grows Insurance Business 600% as Adoption of Digital Platform Accelerates
    January 27, 2022
    Following strong results in 2020, LiquidX’s insurance business continued its positive momentum by posting revenue growth of 600% and expanding its network to over 350 unique insurance platform users in 2021. This growth was largely driven by the adoption of the LiquidX Partner Program, a white label offering that enables clients across the Credit Insurance value chain – brokers, insurers, alternative risk providers, and insured parties – to digitize their operations by leveraging LiquidX technology.
  • LSQ Creates $7MM Credit Facility for Washington Tech Company
    January 27, 2022
    LSQ, a leading provider of working capital and payments solutions, recently originated a $7 million credit facility for a technology hardware company in Washington. The company will use the additional capital to fund their projected demand growth for new and existing products.
  • Solifi Joins Blackberry Ivy Advisory Council to Enhance The Connected Vehicle Future With Data-Driven Automotive Finance Use Cases
    January 27, 2022
    Solifi today announced a collaboration with BlackBerry Limited that will integrate BlackBerry IVY™ with the company’s open finance platform to drive innovative, high-impact finance use cases for OEMs and automotive finance providers.