Triumph Business Capital, a member of the Triumph Bancorp, Inc. (Nasdaq: TBK) group and provider of working capital financing solutions to small and medium-sized business, announced today the appointment of Amber Roy as chief operating officer. Roy will report to its chief executive officer, Geoff Brenner.

Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack-Gladstone Bank announce the elevation of Jacqueline Reyes to senior vice president, Bank Secrecy Act (BSA)/Anti-Money Laundering (AML)/Office of Foreign Assets Control (OFAC) officer at Peapack-Gladstone Bank.

SierraConstellation Partners (SCP), a national interim management and advisory firm to middle-market companies in transition, has hired Jim Peters, a trusted advisor to CEOs, boards and management teams for over three decades, as a Managing Director to lead the firm’s newly-formed Performance Improvement practice.

The Market Concern Loans total declined for the 12th straight month and is now off 22% from the April peak, but still up 16% from pre-pandemic levels. The current $200.9 billion total, the lowest amount since February 2020, is heavily concentrated in the Other Market At-Risk Loan Issuers at 43%, and Tier 2 Market Concern Loans at 39%. Fitch's Top Market Concern Loans list stands at $37 billion, falling 47% from the April highs.

Regions Capital Markets, a division of Regions Bank, acted as Lead Arranger and sole Administrative Agent in connection with the incremental senior secured credit facility, and Citizens Bank, N.A. and Truist Securities, Inc. acted as Joint Lead Arrangers on the credit agreement expansion.

J D Factors announces it has provided the following factoring facilities: $150,000 to a transportation company in California; $200,000 to a transportation company in Pennsylvania; $100,000 to a transportation company in British Columbia and $75,000 to a textile manufacturing company in Tennessee.

Calum Willamson, Sallyport Managing Director states; “We worked with the prospect and their incumbent back to agree a way forward that allowed Sallyport to inject new working capital going forward, helping the turnaround of this healthy snack company in Western Canada. We look forward to helping the business thrive and grow going forward.”

New team members represent several departments spanning the organization and include the following people in alphabetical order: Jeffrey Allen, Robert Geary, Anthony “AJ” Giertych, Demostenes Gonzalez, Karen Houser, Kathryn LeConey, Jessica Link, Naushin Mehdi. Michael P. Morris, Yafreisi Olivo-Arredondo, Trevor Smith, Denise Steinberger, Mitchell Tobak and James Weyand.

IDS, a leading provider of enterprise mission-critical solutions for secured finance announced today the Metropolitan Capital Bank & Trust has selected IDS ABL to support their small to medium business customers access to working capital through an easy to use technology platform. The selection of IDS ABL (formerly Stucky ABLM) aligns with the bank’s strategic focus to support their customers through innovative finance solutions supported by best-in-class technology.

Lighthouse Financial Corp. is pleased to announce the completion of a $5,000,000 credit facility for a Florida-based importer and distributor of premium quality, responsibly-sourced crab meat. For over 25 years, the company has proudly worked to improve oceans and fishing communities with an eye towards sustainability while providing exceptional service to their customer base.

The facility will primarily be used to provide letters of credit to support both existing and upcoming security requirements associated with new project interconnections and power purchase agreements for Scout's growing pipeline of renewable energy projects. With KeyBanc Capital Markets as Coordinating Lead Arranger, along with Rabobank and Wells Fargo, each Joint Lead Arrangers, the corporate credit facility also offers the ability to upsize to $85 million in the future.

On Monday, April 19, SFNet and its members met with Rep. Dan Meuser (R-PA), a member of the House Small Business Committee, to educate him about the secured lending industry as well as discuss specific concerns of SFNet around the Economic Injury Disaster Loan program (EIDL) at the Small Business Administration (SBA).

Phibro Animal Health Corporation (NASDAQ:PAHC) announced today that on April 22, 2021, the Company entered into an amended and restated credit agreement jointly arranged by BofA Securities, Inc. and Coöperatieve Rabobank U.A., with Bank of America, N.A. acting as Administrative Agent.

Signature Bank (Nasdaq: SBNY), a New York-based, full-service commercial bank, announced today several management appointments, promotions and transitions, all of which will address its progress to date and future growth and initiatives. After 21 years of dedicated service, Mark Sigona, Senior Executive Vice President and Chief Operating Officer, announced his retirement, effective June 30, 2021. Sigona, a founding member of the executive management team, joined as Senior Vice President and Chief Financial Officer. He served in this capacity until 2004 at which time he was appointed COO.

Victory Park Capital (“VPC”), a global alternative investment firm, and investment manager of VPC Specialty Lending Investments PLC (LON: VSL) (“VSL”), today announced the closing of a $200 million credit facility with Massachusetts Mutual Life Insurance Company (“MassMutual”) to finance VSL’s growth initiatives.

As Senior Director, Mr. Annapareddy will focus on originating, executing, and managing investment opportunities to finance buyouts, recapitalizations, and growth initiatives for sponsored and non-sponsored companies in the healthcare services industry.

MidCap Financial, a credit solutions firm focused on serving the middle market, today announced it has raised more than $800 million of new equity from a diverse group of global investors that included Apollo clients, including Athene as well as pensions, sovereign wealth funds and other leading institutions.

WhiteStar Asset Management ("WhiteStar"), the CLO, structured products, and broadly syndicated credit arm of Clearlake Capital Group, L.P. (together with its affiliates, "Clearlake"), announced today the opening of a London office to drive its European expansion and part of the firm's commitment to its European investors. The office will be led by Gordon Neilly, who has joined the firm as Executive Chairman of WhiteStar Asset Management, Europe.

Dan Millar, VP for Sallyport states: “This client was in need of a working capital solution and was referred to us by a trusted partner. We were able to offer a non-notification facility that will continue to fuel their tremendous growth across 6 countries worldwide.”

Amerisource Business Capital announced the closing and funding of a $500,000 senior credit facility for a Louisiana-based trucking firm. The proceeds were used to support the company’s working capital and growth plans.