• GeminiBio Secures Financing from BroadOak Capital Partners
    November 8, 2021
    Gemini Bioproducts, LLC ("GeminiBio"), a leading manufacturer of cell culture products and custom cGMP bioprocess liquids, announced today that it has secured financing from BroadOak Capital Partners, LLC ("BroadOak"), a boutique direct investment and advisory firm focused on life science research tools and diagnostics. The transaction with BroadOak provides GeminiBio additional capital to expand its cGMP liquid manufacturing facility.
  • Amerisource Closes $10,000,000 Credit Facility for Water Services Firm
    November 8, 2021
    Amerisource Business Capital announced the closing and funding of a $10,000,000 senior credit facility and real estate term loan for a Texas based water infrastructure, treatment and recycling firm. The proceeds were used to help fund an acquisition and to support their ongoing working capital needs.
  • BHI Commercial and Industrial Group Closes $1.1 Billion in 2021 Financing Transactions
    November 8, 2021
    BHI, a full-service commercial bank, announced that its Commercial and Industrial Group has closed $1.1 billion in transactions year-to-date 2021. BHI’s C&I Group handles financing for commercial and industrial companies in the middle market and encompasses sectors including private equity, food and beverage, Israeli business, technology, corporate banking, and project finance renewable energy across the bank’s markets in New York, New Jersey, Florida and California.
  • Moritt Hock & Hamroff Included In U.S. News & World Report –Best Lawyers® 'Best Law Firms' 2022 Edition
    November 8, 2021
    Moritt Hock & Hamroff has been ranked as a Tier 1 in the 2022 U.S. News & World Report - Best Lawyers® "Best Law Firms" list nationally in 1 practice area and regionally in 4 practice areas.
  • TradeCap Partners Provides $10 million PO Funding Solution for Midwest Steel Distributor
    November 8, 2021
    TradeCap Partners recently closed a $10 million PO funding solution for a Midwest based distributor of rolled steel. The trade finance solution allowed the Company to capitalize on significant customer demand brought on by lack of supply and limited allocation from US steel mills.
  • Sallyport Announces $1.6 Million in Financing for Canadian Manufacturer
    November 8, 2021
    Sallyport is excited to announce a $1,600,000 accounts receivable facility for a growing Canadian manufacturer in the agricultural space. The client was referred to Sallyport by a broker, and although there were other providers vying for the business, the client ultimately favored Sallyport’s responsiveness and flexible approach to finding a solution that worked for them.
  • Wolters Kluwer Compliance Solutions Announces Hires
    November 8, 2021
    Shane Martin has joined Wolters Kluwer Compliance Solutions as Digital Mortgage Sales Director, responsible for the growth of the company’s end-to-end digital lending platform. Wolters Kluwer Compliance Solutions has named Jennifer “Jenn” Reid Digital Lending Sales Director to advance awareness of Wolters Kluwer end-to-end digital lending capabilities—delivered through its eOriginal open platform—to financial institutions in the mortgage, auto, consumer and commercial lending markets.
  • Farm Bureau Bank Hires Gary Armstrong as Chief Commercial Banking Officer, Focuses on Expanding Commercial Banking
    November 8, 2021
    Farm Bureau Bank is announcing the addition of Gary Armstrong as the Chief Commercial Banking Officer. In this role, Armstrong will focus on enhancing and expanding the Bank's Commercial Banking platform.
  • NewLake Capital Partners Provides $30 Million to Hero Diversified Associates, Inc.
    November 8, 2021
    ewLake Capital Partners, Inc. (OTCQX: NLCP) (“The Company” or “NewLake”), a leading provider of real estate capital to state-licensed cannabis operators, today announced it has provided a nine-month senior secured loan to Hero Diversified Associates, Inc. (“HDAI”), which owns a state-licensed grower and processor of medical marijuana in Pennsylvania.
  • Viracta Therapeutics Secures $50 Million Credit Facility from Silicon Valley Bank and Oxford Finance
    November 8, 2021
    Viracta Therapeutics, Inc. (Nasdaq: VIRX), a precision oncology company primarily focused on targeting virus-associated malignancies, today announced that the Company has entered into a loan and security agreement with Silicon Valley Bank (SVB) and Oxford Finance LLC (Oxford) for up to $50.0 million. In connection with the $50.0 million credit facility, the Company and SVB agreed to terminate the Company's prior $15.0 million loan and security agreement and the existing $5.0 million debt balance was refinanced.
  • J D Factors Announces Factoring Facilities
    November 8, 2021
    J D Factors announced it provided the following factoring facilities: $175,000 to a transportation company in Illinois; $300,000 to a transportation company in Oklahoma; $75,000 to a staffing company in Quebec.
  • Houlihan Lokey Expands Its Chemicals Coverage Capabilities With Senior Hire
    November 8, 2021
    Houlihan Lokey (NYSE:HLI), the global investment bank, announced that David Schneider has joined the firm as a Managing Director in the Industrials Group. He is based in New York and will bolster Houlihan Lokey’s coverage of the chemicals sector.
  • OceanFirst Financial Corp. and Partners Bancorp Announce Merger Agreement
    November 8, 2021
    Raymond James & Associates, Inc. served as financial advisor to OceanFirst and Skadden, Arps, Slate, Meagher & Flom LLP served as OceanFirst’s legal counsel. Piper Sandler Companies served as financial advisor to Partners and Troutman Pepper Hamilton Sanders LLP served as Partners’ legal counsel.
  • First Financial Bank Names David Bailey as Executive Vice President for Commercial Banking
    November 8, 2021
    First Financial Bank, N.A. has promoted David Bailey to Executive Vice President for Commercial Banking, a newly created position within the bank. The announcement was made by Scott Dueser, Chairman, President & CEO, of First Financial Bankshares, Inc., at the quarterly meeting of the presidents last week.
  • American Equity Commits $1 Billion To Monroe Capital’s Software, Technology And Recurring Revenue (“Starr”) Investment Strategy Through A Strategic Partnership
    November 8, 2021
    American Equity Investment Life Holding Company (“American Equity”) (NYSE: AEL), a leading provider of financial dignity solutions through general account annuities for individual clients in the United States and Monroe Capital LLC (“Monroe”), a premier boutique $11.2 billion asset management firm specializing in private credit, announced today a $1 billion investment in Monroe Capital’s dedicated technology lending platform focusing on middle market Software, Technology and Recurring Revenue (“STARR”) loans originated and underwritten by Monroe.
  • 36th Street Closes $14 Million Financing for Medical Services Provider
    November 8, 2021
    “The risk profile of this transaction did not fit well within the balance sheet of our bank originations partner” said Mark Horan, Chief Growth Officer. “We’re excited that we were able to work well together to meet the equipment financing needs of their client.”
  • Slowing Bankruptcy Filings Could Signal Flurry Ahead
    November 8, 2021
    With bankruptcy filings dropping across industries in the third quarter of 2021, professionals expect a wave of activity over the next year, as seen in the newest Polsinelli-TrBK Distress Indices Report. The report’s overall filing numbers are at the lowest point since the benchmark period – nearly 11 years ago.
  • Winston & Strawn Represents Goldman Sachs & Co. LLC
    November 8, 2021
    Winston & Strawn represented Goldman Sachs & Co. LLC, as underwriter’s counsel, in the SPAC IPO of 7 Acquisition Corporation. 7 Acquisition Corporation (the "Company") today announced the pricing of its initial public offering ("IPO") of 20,000,000 units at a price of $10.00 per unit.
  • Blackstone Establishes Structured Finance Group
    November 4, 2021
    Blackstone (NYSE:BX) today announced the formation of its Structured Finance Group, which brings together Blackstone Real Estate Debt Strategies (“BREDS”) and the firm’s various asset backed finance activities. Jonathan Pollack, currently the Global Head of BREDS, has been named Global Head of the Structured Finance Group. Timothy Johnson, currently the Global Head of Originations for BREDS, will become Global Head of BREDS, overseeing all commercial and residential lending activities.
  • Winston & Strawn Represents US Tiger Securities, Inc.
    November 4, 2021
    Winston & Strawn represented US Tiger Securities, Inc. as underwriter counsel in connection with Fortune Rise Acquisition Corporation’s (NASDAQ: FRLA, the "Company") initial public offering ("IPO") of 8,500,000 units at a price of $10.00 per unit. The units are expected to be listed on The NASDAQ Global Market ("NASDAQ") and trade under the ticker symbol "FRLAU" beginning on, November 03, 2021.
  • GeminiBio Secures Financing from BroadOak Capital Partners
    November 8, 2021
    Gemini Bioproducts, LLC ("GeminiBio"), a leading manufacturer of cell culture products and custom cGMP bioprocess liquids, announced today that it has secured financing from BroadOak Capital Partners, LLC ("BroadOak"), a boutique direct investment and advisory firm focused on life science research tools and diagnostics. The transaction with BroadOak provides GeminiBio additional capital to expand its cGMP liquid manufacturing facility.
  • Amerisource Closes $10,000,000 Credit Facility for Water Services Firm
    November 8, 2021
    Amerisource Business Capital announced the closing and funding of a $10,000,000 senior credit facility and real estate term loan for a Texas based water infrastructure, treatment and recycling firm. The proceeds were used to help fund an acquisition and to support their ongoing working capital needs.
  • BHI Commercial and Industrial Group Closes $1.1 Billion in 2021 Financing Transactions
    November 8, 2021
    BHI, a full-service commercial bank, announced that its Commercial and Industrial Group has closed $1.1 billion in transactions year-to-date 2021. BHI’s C&I Group handles financing for commercial and industrial companies in the middle market and encompasses sectors including private equity, food and beverage, Israeli business, technology, corporate banking, and project finance renewable energy across the bank’s markets in New York, New Jersey, Florida and California.
  • Moritt Hock & Hamroff Included In U.S. News & World Report –Best Lawyers® 'Best Law Firms' 2022 Edition
    November 8, 2021
    Moritt Hock & Hamroff has been ranked as a Tier 1 in the 2022 U.S. News & World Report - Best Lawyers® "Best Law Firms" list nationally in 1 practice area and regionally in 4 practice areas.
  • TradeCap Partners Provides $10 million PO Funding Solution for Midwest Steel Distributor
    November 8, 2021
    TradeCap Partners recently closed a $10 million PO funding solution for a Midwest based distributor of rolled steel. The trade finance solution allowed the Company to capitalize on significant customer demand brought on by lack of supply and limited allocation from US steel mills.
  • Sallyport Announces $1.6 Million in Financing for Canadian Manufacturer
    November 8, 2021
    Sallyport is excited to announce a $1,600,000 accounts receivable facility for a growing Canadian manufacturer in the agricultural space. The client was referred to Sallyport by a broker, and although there were other providers vying for the business, the client ultimately favored Sallyport’s responsiveness and flexible approach to finding a solution that worked for them.
  • Wolters Kluwer Compliance Solutions Announces Hires
    November 8, 2021
    Shane Martin has joined Wolters Kluwer Compliance Solutions as Digital Mortgage Sales Director, responsible for the growth of the company’s end-to-end digital lending platform. Wolters Kluwer Compliance Solutions has named Jennifer “Jenn” Reid Digital Lending Sales Director to advance awareness of Wolters Kluwer end-to-end digital lending capabilities—delivered through its eOriginal open platform—to financial institutions in the mortgage, auto, consumer and commercial lending markets.
  • Farm Bureau Bank Hires Gary Armstrong as Chief Commercial Banking Officer, Focuses on Expanding Commercial Banking
    November 8, 2021
    Farm Bureau Bank is announcing the addition of Gary Armstrong as the Chief Commercial Banking Officer. In this role, Armstrong will focus on enhancing and expanding the Bank's Commercial Banking platform.
  • NewLake Capital Partners Provides $30 Million to Hero Diversified Associates, Inc.
    November 8, 2021
    ewLake Capital Partners, Inc. (OTCQX: NLCP) (“The Company” or “NewLake”), a leading provider of real estate capital to state-licensed cannabis operators, today announced it has provided a nine-month senior secured loan to Hero Diversified Associates, Inc. (“HDAI”), which owns a state-licensed grower and processor of medical marijuana in Pennsylvania.
  • Viracta Therapeutics Secures $50 Million Credit Facility from Silicon Valley Bank and Oxford Finance
    November 8, 2021
    Viracta Therapeutics, Inc. (Nasdaq: VIRX), a precision oncology company primarily focused on targeting virus-associated malignancies, today announced that the Company has entered into a loan and security agreement with Silicon Valley Bank (SVB) and Oxford Finance LLC (Oxford) for up to $50.0 million. In connection with the $50.0 million credit facility, the Company and SVB agreed to terminate the Company's prior $15.0 million loan and security agreement and the existing $5.0 million debt balance was refinanced.
  • J D Factors Announces Factoring Facilities
    November 8, 2021
    J D Factors announced it provided the following factoring facilities: $175,000 to a transportation company in Illinois; $300,000 to a transportation company in Oklahoma; $75,000 to a staffing company in Quebec.
  • Houlihan Lokey Expands Its Chemicals Coverage Capabilities With Senior Hire
    November 8, 2021
    Houlihan Lokey (NYSE:HLI), the global investment bank, announced that David Schneider has joined the firm as a Managing Director in the Industrials Group. He is based in New York and will bolster Houlihan Lokey’s coverage of the chemicals sector.
  • OceanFirst Financial Corp. and Partners Bancorp Announce Merger Agreement
    November 8, 2021
    Raymond James & Associates, Inc. served as financial advisor to OceanFirst and Skadden, Arps, Slate, Meagher & Flom LLP served as OceanFirst’s legal counsel. Piper Sandler Companies served as financial advisor to Partners and Troutman Pepper Hamilton Sanders LLP served as Partners’ legal counsel.
  • First Financial Bank Names David Bailey as Executive Vice President for Commercial Banking
    November 8, 2021
    First Financial Bank, N.A. has promoted David Bailey to Executive Vice President for Commercial Banking, a newly created position within the bank. The announcement was made by Scott Dueser, Chairman, President & CEO, of First Financial Bankshares, Inc., at the quarterly meeting of the presidents last week.
  • American Equity Commits $1 Billion To Monroe Capital’s Software, Technology And Recurring Revenue (“Starr”) Investment Strategy Through A Strategic Partnership
    November 8, 2021
    American Equity Investment Life Holding Company (“American Equity”) (NYSE: AEL), a leading provider of financial dignity solutions through general account annuities for individual clients in the United States and Monroe Capital LLC (“Monroe”), a premier boutique $11.2 billion asset management firm specializing in private credit, announced today a $1 billion investment in Monroe Capital’s dedicated technology lending platform focusing on middle market Software, Technology and Recurring Revenue (“STARR”) loans originated and underwritten by Monroe.
  • 36th Street Closes $14 Million Financing for Medical Services Provider
    November 8, 2021
    “The risk profile of this transaction did not fit well within the balance sheet of our bank originations partner” said Mark Horan, Chief Growth Officer. “We’re excited that we were able to work well together to meet the equipment financing needs of their client.”
  • Slowing Bankruptcy Filings Could Signal Flurry Ahead
    November 8, 2021
    With bankruptcy filings dropping across industries in the third quarter of 2021, professionals expect a wave of activity over the next year, as seen in the newest Polsinelli-TrBK Distress Indices Report. The report’s overall filing numbers are at the lowest point since the benchmark period – nearly 11 years ago.
  • Winston & Strawn Represents Goldman Sachs & Co. LLC
    November 8, 2021
    Winston & Strawn represented Goldman Sachs & Co. LLC, as underwriter’s counsel, in the SPAC IPO of 7 Acquisition Corporation. 7 Acquisition Corporation (the "Company") today announced the pricing of its initial public offering ("IPO") of 20,000,000 units at a price of $10.00 per unit.
  • Blackstone Establishes Structured Finance Group
    November 4, 2021
    Blackstone (NYSE:BX) today announced the formation of its Structured Finance Group, which brings together Blackstone Real Estate Debt Strategies (“BREDS”) and the firm’s various asset backed finance activities. Jonathan Pollack, currently the Global Head of BREDS, has been named Global Head of the Structured Finance Group. Timothy Johnson, currently the Global Head of Originations for BREDS, will become Global Head of BREDS, overseeing all commercial and residential lending activities.
  • Winston & Strawn Represents US Tiger Securities, Inc.
    November 4, 2021
    Winston & Strawn represented US Tiger Securities, Inc. as underwriter counsel in connection with Fortune Rise Acquisition Corporation’s (NASDAQ: FRLA, the "Company") initial public offering ("IPO") of 8,500,000 units at a price of $10.00 per unit. The units are expected to be listed on The NASDAQ Global Market ("NASDAQ") and trade under the ticker symbol "FRLAU" beginning on, November 03, 2021.