Boundary Street Capital ("Boundary Street"), a private credit investment manager focused exclusively on the digital infrastructure, enterprise software and technology services sectors, announces the final close of BSCP SBIC I, LP (the "Fund"), securing more than $330 million in capital commitments.

Versant Funding LLC is pleased to announce it has funded a $900,000 non-recourse factoring facility to a distributor of PPE including, face coverings, hand sanitizer and wipes. This recently formed company was experiencing increasing demand for its product line and required access to working capital to continue to meet customer expectations.

Accuray Incorporated (NASDAQ: ARAY) today announced it has entered into a new five-year $80 million term loan and $40 million revolving credit facility with Silicon Valley Bank and a syndicate of banks (the "New Credit Facility"). Silicon Valley Bank acted as administrative agent and sole bookrunner for the New Credit Facility. The New Credit Facility is comprised of three total participants, including Silicon Valley Bank, HSBC Bank USA, N.A. and Comerica Bank.

Marco Capital Inc. established a factoring facility for a processor and marketer of Persian limes, which are grown and processed on their farms located in Veracruz, Mexico facility and distributed from their facility in Pharr, Texas. The company sought factoring in order to continue their growth as they distribute their produce throughout the US and Canada.

Victoria Lowe was recently appointed AVP, Marketing Manager, at Axiom Bank, N.A., a Maitland-based, leading community bank. Lowe brings more than three decades of experience in branding, advertising and communications for banking and finance enterprises.

Wells Fargo today named Cynthia Caine to head the Commercial Auto group. A 30-year financial services veteran, Caine most recently led the Diversified Industries group within Distribution Finance. In her new role, Caine will lead a team of seasoned professionals, providing finance solutions for more than 4,500 customers nationwide. The current Commercial Auto Leadership team will continue to lead their prospective markets, reporting to Caine.

Concord Financial Advisors announced that it has served as exclusive financial advisor in arranging a $15 million senior secured revolving line of credit for Summit Golf Brands., Inc. CIBC Bank USA provided financing to refinance existing debt & provide additional working capital.

Great Elm Capital Corp. (the “Company” or “GECC”) (NASDAQ: GECC), a business development company, today announced the Company has entered into a Loan, Guarantee and Security Agreement (the “Loan Agreement”) with City National Bank (“CNB”).

Neighbourhood Holdings Limited Partnership (“Neighbourhood”) is pleased to announce the closing of the amendment and extension of its $200 million committed, revolving credit facility led by ATB Financial. This extends the term of Neighbourhood’s existing market-leading facility, expands available credit by $50 million, and deepens Neighbourhood’s already strong relationships with its five-bank syndicate. This amendment provides certainty of financing, underpinning a solid platform for growth to allow Neighbourhood to continue to finance Canadian home buyers and home owners.

Tiger Group will begin accepting bids on May 13 for the May 20 online auction of the remaining assets from Eagle Manufacturing’s engine block-machining facility in Florence, Kentucky. The 300,000-square-foot metro Cincinnati plant was shuttered by parent company Linamar Corp. on April 19, 2021.

Citizens M&A Advisory announced today that it served as financial advisor to Bally’s Corporation (NYSE: BALY) on its acquisitions of Eldorado Resort Casino Shreveport in Shreveport, LA, and MontBleu Resort Casino & Spa in Lake Tahoe, NV, from Eldorado Resorts, Inc. for an aggregate purchase price of $155 million. Citizens also served as financial advisor to Bally’s in its acquisition of Bally’s Atlantic City Hotel & Casino from Caesars Entertainment Corporation and Vici Properties, Inc. for $25 million.

Armory Securities, LLC is pleased to announce the successful sale of all of Wave Computing, Inc. via §363 auction under the U.S. Bankruptcy code. Armory served as exclusive financial advisor to Wave Computing, Inc. for the transaction. Founded in 2010, Wave Computing, Inc. (“Wave”), is a California-based private, independent technology company engaged in the licensing, development and sale of technology and services based on its microprocessor core architecture intellectual property that operates computer chip central processing unit (CPU) cores used in some of the world’s most popular products.

Leading global professional services firm Alvarez & Marsal (A&M) has further bolstered its Healthcare Industry Group’s growing compliance and regulatory offering with the appointments of Medicare’s top fraud officer, Alec Alexander, as a Managing Director, and Christina Steiner as a Director. Mr. Alexander and Ms. Steiner are the latest strategic additions to the Healthcare Industry Group’s expanding Compliance and Regulatory Services.

Sheppard, Mullin, Richter & Hampton LLP is pleased to announce that Moorari K. Shah has joined the firm as a partner in the Finance & Bankruptcy practice group and as a member of the Fintech industry team. Shah, who will be co-located in Los Angeles and San Francisco, was most recently a partner at Buckley LLP. He is the seventh lateral partner to join Sheppard Mullin in 2021.

First Foundation Inc. (NASDAQ: FFWM) (“First Foundation”), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, announced today the appointment of Aric Graham as Senior Vice President, Corporate Banking Director. In his new role, Graham will be responsible for building and leading the Corporate Banking platform across all regions of the bank.

Bank of America has named Mark K. Bennett as President of Bank of America Jacksonville. Bennett succeeds Greg Smith, who announced his retirement earlier this month. As Jacksonville president, Bennett will be responsible for connecting the banking and investment resources offered through the bank's eight lines of business to companies, families and individuals across northeast Florida.

LBC Credit Partners ("LBC"), one of the leading providers of financing solutions to middle market companies, provided senior secured credit facilities to support the acquisition of Magnolia River International, Inc. ("Magnolia River" or the "Company") by Warren Equity Partners. LBC served as Agent and Sole Lender for the senior secured credit facilities.

On the heels of completing the fundraising of Balance Point Capital Partners IV, L.P. and significant growth of its assets under management in 2020, Balance Point Capital Advisors, LLC ("Balance Point") set out to bolster its investment team. Balance Point is pleased to announce both an internal promotion and three external hires to support that growth.

Crestmark secured a total of $16,518,200 in ABL/factoring financial solutions for 13 new clients; Crestmark Equipment Finance provided $6,616,982 in five new transactions; and Crestmark Vendor Finance provided $5,846,027 in 63 new transactions in the first half of April.

Tiger Finance, an affiliate of Tiger Group today announced that it provided financing to support the April 2021 acquisition of digitally native fashion retailer ModCloth by Nogin, the market leader in outsourced e-commerce for major fashion and consumer product companies. Tiger provided a $6 million term loan to Nogin to help fund its purchase of the ModCloth assets from brand investment platform Go Global Retail for an undisclosed sum. Additionally, Tiger Valuation Services is providing inventory analytics support to Nogin.