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Bank of America Names Kieth Cockrell as President of Charlotte
May 13, 2021Bank of America has named Kieth Cockrell as president of Bank of America Charlotte. Cockrell succeeds Charles Bowman, who has served as Charlotte market president since 2007. Bowman will continue in his role as President of North Carolina. He will also lead the expansion of the bank’s Leader-on-Loan Program, an industry-leading initiative which embeds a key employee with a non-profit or educational partner to help provide leadership and strategic guidance.
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Derrich Rodriguez Joins PlainsCapital Bank’s Growing San Antonio Lending Group
May 13, 2021PlainsCapital Bank today announced that Derrich Rodriguez has joined its San Antonio lending group as senior vice president and senior commercial loan officer at 70 North East Loop 410, Suite 100.
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Amalgamated Financial Corp. Appoints Priscilla Sims Brown Chief Executive Officer
May 13, 2021Amalgamated Financial Corp. [Nasdaq: AMAL] (“Amalgamated” or the “Company”), America’s socially responsible bank, today named Priscilla Sims Brown its next President and Chief Executive Officer. Ms. Brown will join Amalgamated on June 1, 2021 from Commonwealth Bank, Australia’s largest bank, where she serves as Group Executive, Marketing and Corporate Affairs, with responsibility for end-to-end marketing, branding, stakeholder insights, government and public affairs, and environment and social policy.
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Saks Completes New Financing as it Executes Growth Strategy
May 12, 2021Positions Luxury Ecommerce Company to Capitalize on Economic Recovery and Drive Growth
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Paper Source to be acquired in Ch. 11 by owner of Barnes & Noble
May 12, 2021Paper Source named Elliott Investment Management as the successful bidder in a process for the specialty retailer to sell itself in Chapter 11.
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Natural Gas Services Group, Inc. Announces Closing of $20 Million Credit Facility with Texas Capital Bank
May 12, 2021Facility Provides for an Expansion Feature of an Additional $30 Million Under Certain Conditions
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Oxford Finance Provides $125 Million Credit Facility to Kala Pharmaceuticals
May 12, 2021Oxford Finance LLC (“Oxford”), a leading specialty finance firm that provides senior debt to life sciences and healthcare services companies worldwide, has announced the closing of a $125 million senior secured term loan with Kala Pharmaceuticals, Inc. (NASDAQ: KALA) (“Kala” or “the Company”), a biopharmaceutical company focused on the discovery, development, and commercialization of innovative therapies for diseases of the eye.
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Camping World Announces Proposed Refinancing of Senior Secured Credit Facilities
May 12, 2021Camping World Holdings, Inc. (NYSE: CWH) (the “Company,” “Camping World,” “we,” “us” or “our”), America’s Recreation Dealer, today announced plans to refinance its senior secured credit facilities.
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Gibraltar Business Capital Announces $150MM Line of Credit with Bank of America
May 12, 2021Gibraltar Business Capital, an industry leader in asset-based lending for lower middle-market businesses, announced an expanded financing partnership with Bank of America through a new $150MM line of credit.
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SLR Healthcare ABL is pleased to announce it has provided financing to Skilled Nursing Operator
May 12, 2021SLR Healthcare ABL provides asset-based financing solutions to small and mid-size healthcare providers throughout the United States.
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GemCap announces new headquarters, new directors
May 12, 2021GemCap establishes headquarters in San Antonio, TX.
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Haversine Funding Announces Senior Hire
May 12, 2021Haversine Funding, a leading provider of alternative financing solutions, today announced the hiring of Andrew Bae as senior director of underwriting and portfolio management.
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Axiom Bank N.A. Promotes Joe Dear to SVP, Commercial Market Executive For Orlando
May 11, 2021Axiom Bank, N.A., a Maitland-based, leading community bank, recently promoted Joe Dear to SVP, Commercial Market Executive. In this role, he will be responsible for leading and growing the bank’s Orlando Commercial Banking unit, including Treasury Management.
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Accordion Announces Strategic Acquisition of Turnaround and Restructuring Firm, Mackinac Partners
May 11, 2021Accordion, a private equity-focused financial consulting and technology firm, today announced that it has acquired Mackinac Partners, a leading financial advisory, restructuring, and operational turnaround firm. Accordion has experienced tremendous organic growth, underscored by private equity’s focus on the role of value creation in a successful investment strategy, and accelerated by the firm’s 2018 investment from FFL Partners.
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Haversine Funding Announces Senior Hire
May 11, 2021Haversine Funding, a leading provider of alternative financing solutions, today announced the hiring of Andrew Bae as senior director of underwriting and portfolio management. Bae, who has 20 years of experience in the industry, will be responsible for underwriting, asset management, credit policy and overall portfolio performance.
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Axiom Bank Gives Back
May 11, 2021George Albuquerque, Tracy Barry, Dan Davis, Monique Doherty, Kelly Edwards, Karin Morrell, Dave Nadler, Carrie Jo Osborne and Ron Strand-Sorrell spent several hours on May 5 sorting clothing, artwork and furniture that had been donated to the nonprofit organization. The team also donated clothing essentials, including socks and underwear, that had been collected internally by the Axiom Bank staff.
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CIT Names Business Development Officer in Commercial Services
May 11, 2021CIT Group Inc. (NYSE: CIT) today announced that it has named Christopher DeRosa as a business development officer in the West Coast office of its Commercial Services business. DeRosa, a vice president, will be based in Los Angeles and will focus on business development across a wide range of verticals supported by Commercial Services, including apparel, footwear, housewares, consumer electronics, health and beauty aids and more.
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Monroe Capital Closes $455 Million Collateralized Loan Obligation Transaction
May 11, 2021Monroe Capital LLC (“Monroe”) today announced the closing of a $455 million term debt securitization known as Monroe Capital MML CLO XI, LTD. The term financing was Monroe’s sixth CLO completed since March 2018 and is secured by a portfolio of middle market senior secured loans.
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SG Credit Partners Provides $2.0 Million Growth Capital Facility to SaaS Telephony Security Company
May 11, 2021SG Credit Partners provided a $2 million growth capital facility to a provider of B2B and B2C telephony-related security services. The Company was seeking non-dilutive growth capital to execute on sales and marketing initiatives and have the ability to close quickly on accretive acquisitions.
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Triumph Commercial Finance Expands ABL Originations Team
May 11, 2021Triumph Commercial Finance, a division of TBK Bank, SSB, is pleased to announce Jonathan Schuster as VP, Business Development Officer. Based in Southern California, Schuster will be responsible for sourcing $5 to $50 million asset-based and lender finance deals for the western region.
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Bank of America Names Kieth Cockrell as President of Charlotte
May 13, 2021Bank of America has named Kieth Cockrell as president of Bank of America Charlotte. Cockrell succeeds Charles Bowman, who has served as Charlotte market president since 2007. Bowman will continue in his role as President of North Carolina. He will also lead the expansion of the bank’s Leader-on-Loan Program, an industry-leading initiative which embeds a key employee with a non-profit or educational partner to help provide leadership and strategic guidance.
-
Derrich Rodriguez Joins PlainsCapital Bank’s Growing San Antonio Lending Group
May 13, 2021PlainsCapital Bank today announced that Derrich Rodriguez has joined its San Antonio lending group as senior vice president and senior commercial loan officer at 70 North East Loop 410, Suite 100.
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Amalgamated Financial Corp. Appoints Priscilla Sims Brown Chief Executive Officer
May 13, 2021Amalgamated Financial Corp. [Nasdaq: AMAL] (“Amalgamated” or the “Company”), America’s socially responsible bank, today named Priscilla Sims Brown its next President and Chief Executive Officer. Ms. Brown will join Amalgamated on June 1, 2021 from Commonwealth Bank, Australia’s largest bank, where she serves as Group Executive, Marketing and Corporate Affairs, with responsibility for end-to-end marketing, branding, stakeholder insights, government and public affairs, and environment and social policy.
-
Saks Completes New Financing as it Executes Growth Strategy
May 12, 2021Positions Luxury Ecommerce Company to Capitalize on Economic Recovery and Drive Growth
-
Paper Source to be acquired in Ch. 11 by owner of Barnes & Noble
May 12, 2021Paper Source named Elliott Investment Management as the successful bidder in a process for the specialty retailer to sell itself in Chapter 11.
-
Natural Gas Services Group, Inc. Announces Closing of $20 Million Credit Facility with Texas Capital Bank
May 12, 2021Facility Provides for an Expansion Feature of an Additional $30 Million Under Certain Conditions
-
Oxford Finance Provides $125 Million Credit Facility to Kala Pharmaceuticals
May 12, 2021Oxford Finance LLC (“Oxford”), a leading specialty finance firm that provides senior debt to life sciences and healthcare services companies worldwide, has announced the closing of a $125 million senior secured term loan with Kala Pharmaceuticals, Inc. (NASDAQ: KALA) (“Kala” or “the Company”), a biopharmaceutical company focused on the discovery, development, and commercialization of innovative therapies for diseases of the eye.
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Camping World Announces Proposed Refinancing of Senior Secured Credit Facilities
May 12, 2021Camping World Holdings, Inc. (NYSE: CWH) (the “Company,” “Camping World,” “we,” “us” or “our”), America’s Recreation Dealer, today announced plans to refinance its senior secured credit facilities.
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Gibraltar Business Capital Announces $150MM Line of Credit with Bank of America
May 12, 2021Gibraltar Business Capital, an industry leader in asset-based lending for lower middle-market businesses, announced an expanded financing partnership with Bank of America through a new $150MM line of credit.
-
SLR Healthcare ABL is pleased to announce it has provided financing to Skilled Nursing Operator
May 12, 2021SLR Healthcare ABL provides asset-based financing solutions to small and mid-size healthcare providers throughout the United States.
-
GemCap announces new headquarters, new directors
May 12, 2021GemCap establishes headquarters in San Antonio, TX.
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Haversine Funding Announces Senior Hire
May 12, 2021Haversine Funding, a leading provider of alternative financing solutions, today announced the hiring of Andrew Bae as senior director of underwriting and portfolio management.
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Axiom Bank N.A. Promotes Joe Dear to SVP, Commercial Market Executive For Orlando
May 11, 2021Axiom Bank, N.A., a Maitland-based, leading community bank, recently promoted Joe Dear to SVP, Commercial Market Executive. In this role, he will be responsible for leading and growing the bank’s Orlando Commercial Banking unit, including Treasury Management.
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Accordion Announces Strategic Acquisition of Turnaround and Restructuring Firm, Mackinac Partners
May 11, 2021Accordion, a private equity-focused financial consulting and technology firm, today announced that it has acquired Mackinac Partners, a leading financial advisory, restructuring, and operational turnaround firm. Accordion has experienced tremendous organic growth, underscored by private equity’s focus on the role of value creation in a successful investment strategy, and accelerated by the firm’s 2018 investment from FFL Partners.
-
Haversine Funding Announces Senior Hire
May 11, 2021Haversine Funding, a leading provider of alternative financing solutions, today announced the hiring of Andrew Bae as senior director of underwriting and portfolio management. Bae, who has 20 years of experience in the industry, will be responsible for underwriting, asset management, credit policy and overall portfolio performance.
-
Axiom Bank Gives Back
May 11, 2021George Albuquerque, Tracy Barry, Dan Davis, Monique Doherty, Kelly Edwards, Karin Morrell, Dave Nadler, Carrie Jo Osborne and Ron Strand-Sorrell spent several hours on May 5 sorting clothing, artwork and furniture that had been donated to the nonprofit organization. The team also donated clothing essentials, including socks and underwear, that had been collected internally by the Axiom Bank staff.
-
CIT Names Business Development Officer in Commercial Services
May 11, 2021CIT Group Inc. (NYSE: CIT) today announced that it has named Christopher DeRosa as a business development officer in the West Coast office of its Commercial Services business. DeRosa, a vice president, will be based in Los Angeles and will focus on business development across a wide range of verticals supported by Commercial Services, including apparel, footwear, housewares, consumer electronics, health and beauty aids and more.
-
Monroe Capital Closes $455 Million Collateralized Loan Obligation Transaction
May 11, 2021Monroe Capital LLC (“Monroe”) today announced the closing of a $455 million term debt securitization known as Monroe Capital MML CLO XI, LTD. The term financing was Monroe’s sixth CLO completed since March 2018 and is secured by a portfolio of middle market senior secured loans.
-
SG Credit Partners Provides $2.0 Million Growth Capital Facility to SaaS Telephony Security Company
May 11, 2021SG Credit Partners provided a $2 million growth capital facility to a provider of B2B and B2C telephony-related security services. The Company was seeking non-dilutive growth capital to execute on sales and marketing initiatives and have the ability to close quickly on accretive acquisitions.
-
Triumph Commercial Finance Expands ABL Originations Team
May 11, 2021Triumph Commercial Finance, a division of TBK Bank, SSB, is pleased to announce Jonathan Schuster as VP, Business Development Officer. Based in Southern California, Schuster will be responsible for sourcing $5 to $50 million asset-based and lender finance deals for the western region.
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