Stonebriar Commercial Finance (“Stonebriar” or “the Company”) today announced the closing of a $64.5 million construction-to-permanent real estate financing with a premier real estate developer. This 85% loan-to-cost mortgage will finance the development of a triple-net, build-to-suit property for a tenant that the developer has successfully partnered with on prior projects.

Maynards Industries - Valuation Division is pleased to announce Michael R. Ostrom, ASA, CEA, ARM-MTS has earned the accredited professional designation of Appraisal Review & Management (ARM) within the Machinery & Technical Specialties discipline of the American Society of Appraisers.

Gateway Trade Funding, a PO and Trade Financing company, is happy to announce that we recently funded a $300,000 purchase order facility for PPE that was referred by a hedge fund. A hedge fund had a fish and tackle company client that needed additional financing. The company wanted to diversify and had created a new division to sell PPE. They secured orders from Canadian universities and hospitals but needed additional funding to fulfill the orders. The hedge fund turned to Gateway Trade Funding to see if their PO financing could help.

MidFirst Business Credit (MFBC) announced it has provided a $10 million working capital and term loan facility to Bison Metal Technologies, LLC. (“Bison”). Located in Shawnee, OK, Bison is a manufacturer of seamless copper commercial tube in a broad range of lengths and diameter sizes, including wound coils and straight lengths for air conditioning, refrigeration and heating applications.

RF Capital Group Inc. (the Company) (TSX: RCG) announced today it has secured a $200 million revolving credit facility (the Facility) with a syndicate of lenders (the Lenders). The initial authorized principal of the Facility is $125 million. The Facility also includes an accordion provision that will enable the Company to request increases in the total commitment, under the same terms, by an aggregate amount of up to $75 million, subject to the Lenders' approval.

J D Factors announced it provided the following factoring facilities: $75,000 to a manufacturing company in Quebec; $75,000 to a transportation company in Georgia; $250,000 to a transportation company in Nevada and $75,000 to a transportation company in Alberta. $400,000 to a transportation company in Ontario.

White Oak Commercial Finance, LLC (“White Oak”), an affiliate of White Oak Global Advisors, LLC, announced it provided a $17 million ABL credit facility to one of the nation’s largest manufacturers of baked desserts. The transaction was structured against the company’s working capital and fixed assets and the proceeds will be used to refinance existing debt, recapitalize the business, and provide working capital to support its continued growth.

Hilco Global, the privately held diversified financial services company, announced today that it has hired the long time Bank of America senior executive C. John Mostofi as Executive Vice President – Capital Solutions. The announcement comes at a time of rapid growth at the global financial services firm based in Northbrook, Illinois.

Wingspire Capital LLC (“Wingspire”) announced today that it has agented a $200 million senior secured credit facility to Maurices Incorporated (“Maurices”), a U.S.-based women’s clothing retail chain with 898 stores in the U.S., Canada and at www.maurices.com. The credit facility consists of a $100 million revolving line of credit and a $100 million term loan.

SBA Administrator Isabella Casillas Guzman announced major enhancements to the COVID Economic Injury Disaster Loan (EIDL) program, including increasing the cap to $2 million.

TradeCap Partners recently closed a $3mm supply chain finance facility for lighting distributor based in Colorado. Supply chain disruptions over the last eighteen months had placed strain on the Company’s relationship with suppliers. Facing increased production lead times and in some cases non-performance, the Company made the decision to seek new manufacturing partners to expand its supplier base and diversify risk.

First Eagle Alternative Credit, LLC (“FEAC” or “the firm”), a leading alternative credit manager, today announced the appointment of Edward Giordano as Chief Financial Officer overseeing FEAC’s finance, accounting and operations functions. He succeeds Terry Olson, who retired on June 30, 2021.

Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, is pleased to announce Michael Bonsey has joined the bank as Chief Credit Officer. Bonsey’s charge is to maintain the standing of the bank’s credit portfolio, continue the development of its credit policies and procedures and uphold the quality of its lending portfolio.

Citizens M&A Advisory announced today that it served as the exclusive financial advisor to Aviacode, a leading provider of outsourced medical coding services, to GeBBS, a ChrysCapital-backed technology enabled revenue cycle management (“RCM”) and risk adjustment solutions provider.

Amerisource Business Capital announced the closing and funding of a $3,000,000 senior credit facility for a North Carolina based industrial construction and trucking firm. The proceeds were to support the company’s ongoing growth.

Gemini Finance Corp. is pleased to announce that it has provided a $12.0 million purchase order financing facility to a healthy snack company. The California company needed approximately $5 million for its regular purchase orders and an additional $7 million for a national roll-out of its products by a multi-national retailer. The client required capital for raw materials, packaging, shipping, and co-packing expenses.

Lakeland Bancorp, Inc. (NASDAQ: LBAI) (“Lakeland” or the “Company”), the holding company for Lakeland Bank, today announced that it has priced an underwritten public offering of $150 million aggregate principal amount of its fixed-to-floating rate subordinated notes (the “Notes”) due 2031. Keefe, Bruyette & Woods, A Stifel Company, and Piper Sandler & Co. are acting as a joint book-running managers.

Nuula, a fintech company focused on small businesses, today announced $120 million in new funding. The total is made up of $20 million in equity funding led by Edison Partners that will accelerate the brand's launch and drive adoption of the Nuula mobile app, and a $100 million credit facility provided by funds managed by the Credit Group of Ares Management Corporation ("Ares") that will provide scale to the app's integrated credit product.

TAB Bank is pleased to announce it has provided a mechanical maintenance company in Fort St. John, British Columbia, Canada with a $2.5 million asset-based credit facility. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs.

Jam City, Inc., a leading mobile entertainment company behind some of the world’s highest-grossing and most enduring mobile games today, announces it has completed the acquisition of award-winning mobile game studio Ludia Inc. from Fremantle for $165 million. Ludia’s growing portfolio of hit mobile games, including the Jurassic World games (Jurassic World: The Game, Jurassic World Alive) and upcoming DC and Disney titles