Celtic Capital Corporation today announced its most recent new client relationship – an Arizona-based developer of software that automates the arrangement of property management and renovation services for REITs and property managers.

RDM Capital Funding, LLC, a technology enabled specialty finance company has entered an agreement with Arena Investors, LP ("Arena"), a global asset manager, under which they will be providing a new $25 million credit facility, with an accordion up to $50 million. The agreement with Arena marks the second institutional credit facility for RDM Capital Funding, and a significant increase from their first facility of $7.5 million in 2018, which was upsized to $10 million in 2019.

Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex" or the "Bank") today announced the successful closing of a US$300 million 7-year senior secured term loan (the "Facility" or the "Loan") for Investment Energy Resources Limited, the holding company of CMI Energía ("CMI Energía" or the "Company") as part of a US$1.0 billion liability management exercise, thus optimizing the Company's financial structure.

Jack Henry & Associates, Inc. (NASDAQ: JKHY) is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Today, Jack Henry Lending announced that $1.1 billion-asset Stride Bank has successfully leveraged its accounts receivable (A/R) financing program, BusinessManager®, to help a major third-party pipeline inspection company fund its re-growth and expansion into new markets. Through its partnership with Jack Henry, the bank was able to fund a $15 million credit facility for the business.

Commercial Finance Partners is pleased to announce that Jeff Cosgrove has joined the company as a Senior Vice President of Business Development. Jeff brings a wealth of knowledge in the asset-based world to the team; in addition to a diverse financing background including private equity and structured financing.

Monroe Capital LLC (“Monroe”) today announced its Opportunistic Private Credit group closed on a $50.75 million mortgage loan to Tricera Capital for the construction and redevelopment of a mixed-use project, The Press, in West Palm Beach. Located on more than 11 acres at 2751 S. Dixie Hwy. at the Palm Beach Post campus, The Press is an adaptive re-use project in which nearly all existing structures are being preserved.

BMO Financial Group (TSX: BMO) (NYSE: BMO), acting as a sustainability structuring lead, has announced a financing deal with Gibson Energy Inc., a leading North American energy company. An amendment to an existing credit facility, the deal introduces a margin adjustment incentive mechanism tied to Gibson's commitment to reduce carbon emissions and increase women as well as racial and ethnic representation in its workforce and on its Board.

California small business owners went to great lengths to stay afloat through the pandemic, investing an average of $28,000 to operate within government guidelines and remain open during COVID-19, according to new research from Union Bank, a leading West Coast bank.

Jefferies Credit Partners ("JCP"), a leading private credit manager and the asset management arm of Jefferies Finance LLC, today announced the expansion of its capital formation capabilities and its investor relations team with the addition of two senior hires. Jefferies Finance is a joint venture of Jefferies Financial Group Inc. (NYSE: JEF) and MassMutual.

Grocers need to reexamine how their real estate will function in the post-pandemic world, writes Joe McKeska, a Senior Managing Director at A&G Real Estate Partners, in an April 26 opinion piece for Progressive Grocer. While many chains performed well over the past year, McKeska explains, consumer spending continues to swing back to dining out, in-person entertainment and travel. “That means many grocers will need to redouble their efforts to improve fundamental weaknesses that they were able to gloss over during the pandemic, such as subpar in-store experiences and inadequate omnichannel infrastructure,” he advises.

Kent Plunkett, Founder & CEO of Salary.com, the compensation solution provider of the trusted data and intuitive software you need to get pay right, today announced the company has secured $67M in funding in a financing round led by Accel-KKR Credit Partners, Centre Lane, and Wells Fargo Capital Finance. Salary.com was advised by Raymond James. Prior investors H.I.G. Capital and Salary.com management also participated.

White Oak Commercial Finance, LLC (“White Oak”), an affiliate of White Oak Global Advisors, LLC, announced its Government Contracting Finance arm provided a $4.5 million asset-based lending facility to a mechanical products distributor that sells to Fortune 500-listed companies.

Gordon Brothers, the global advisory, restructuring and investment firm, has promoted Evren Ozargun to the newly established Head of Credit role. Ozargun and his growing Credit team will work in close partnership with Gordon Brothers’ deal professionals and play an integral role in structuring, underwriting and monitoring all investments involving both debt and equity transactions. Additionally, Ozargun will continue to oversee Corporate Development activities.

Sidley Austin LLP is pleased to announce that Tom Califano is joining the firm’s global Restructuring group. Mr. Califano will be a partner in the New York office. He joins from DLA Piper where he was the global co-chair and U.S. chair of the restructuring group.

FrontWell Capital Partners (“FrontWell”), a private credit fund that provides transitionary senior debt financing to middle-market companies in the United States and Canada, today announced that Nick Bassi has been appointed Vice President, Underwriting and Portfolio Management. Mr. Bassi, an industry veteran with more than two decades of asset-based lending experience in underwriting, origination and portfolio management, will be based in the firm’s Toronto headquarters.

Dillard’s, Inc. (DDS: NYSE) (“Dillard’s” or “the Company”) announced that it has amended and extended its $800 million senior secured revolving credit facility consistent with the Company’s liquidity needs. A $200 million expansion option remains in place. The new maturity date is April 28, 2026. The credit facility was arranged by JPMorgan Chase Bank, N.A.

CIT Group Inc. (NYSE: CIT) today announced that its Power and Energy business served as coordinating lead arranger on a $84 million financing for a new 140-megawatt solar farm in Fort Bend County, Texas. Cutlass Solar is a utility-scale project to be built about 40 miles southwest of Houston. Its sponsor, Advanced Power, is a leader in power generation with numerous projects in the U.S., Canada and Europe.

IDS, a leading provider of enterprise mission-critical solutions for the secured finance industry, recently completed its annual System and Organization Controls (SOC) audit and received validation reports for SOC 1® Type 2, SOC 2® Type 2 and SOC 3®. This was conducted by a third-party validation provider over a six-month period to demonstrate ongoing effectiveness of security controls for IDS and IDScloud.

Rosenthal & Rosenthal, Inc., a leading factoring, asset-based lending and purchase order financing firm in the U.S., today announced the completion of a joint $2 million factoring and $750,000 inventory production finance deal for a Georgia-based importer and distributor of recreational sporting products.

The facility is secured by medical insurance accounts receivable with an advance rate of 85%. The Company is using the proceeds of the facility for working capital, a partner buyout and to facilitate its growth.