Gordon Brothers, the global advisory, restructuring and investment firm, has published two articles about the digital transformation and shifting consumer behavior within the retail industry. As a result of the ongoing pandemic, customer journeys are now more digitally focused, and more shoppers are looking for easy online or mobile purchasing.

Gordon Brothers, the global advisory, restructuring and investment firm, has named Joe Massaroni as Director, Business Development as Conrad Lauten retires. Based in Atlanta, Massaroni will lead efforts to develop and maintain strong client relationships across the Southeast. Massaroni joins Gordon Brothers with decades of experience in secured finance. He’s worked at several lending institutions throughout his career and previously served as director and team leader responsible for managing key relationships and more than $4 billion of account commitments.

TAB Bank is pleased to announce the addition of Dustin Jacobson (303-319-5434, dustin.jacobson@tabbank.com) to their business development team as Vice President and Business Development Officer. Dustin is based in Denver and is responsible for sourcing new business opportunities by providing asset-based and factoring working capital facilities to commercial entities in the Rocky Mountain region of the United States with annual revenues of $2 million to $150 million.

Palladium Equity Partners, LLC, a middle market private equity firm with nearly $3 billion in assets under management, today announced that Nancy A. Mitchell has been named Chief Administrative Officer, a newly-created position. Ms. Mitchell joins Palladium from O'Melveny & Myers LLP, where she was a Partner.

Journey Medical Corporation (“Journey Medical”), a partner company of Fortress Biotech, Inc. (NASDAQ: FBIO) (“Fortress”), today announced that it has entered into an agreement with East West Bank (“EWB”) in which EWB will provide a $7.5 million working capital line of credit. The line of credit is secured by Journey Medical’s receivables and cash.

Sterling National Bank, the wholly-owned operating bank subsidiary of Sterling Bancorp (NYSE: STL), today announced a Banking as a Service (BaaS) agreement with Rho Technologies, the fintech company behind Rho Business Banking. Rho Technologies is a digital platform that provides companies with a suite of commercial banking and financial software solutions.

Ideal Steel needed a financing partner that could provide a flexible structure and improved liquidity as the business looked to transform into a more streamlined operation and position itself for future growth opportunities. GBC was able to support this goal by providing a $5MM ABL without restrictive covenants that also provided flexibility to the company shareholders.

Encina Business Credit, LLC (EBC) announced today that it has promoted Tron Allen to chief commercial officer. Allen most recently served as EBC’s executive managing director and Central Region Leader. He joined the company in connection with its March 2016 launch as a senior managing director focused on business development efforts in the Southwest Region.

TradeCap Partners recently closed a $2.5MM purchase order finance facility for a West coast-based consumer packaged goods company. The venture capital backed company partnered with a major wholesaler to contribute to Feeding America.

Jaguar Freight, a leading global freight forwarder and U.S-based NVOCC., together with King Trade Capital, the largest purchase order finance company in the U.S., have announced the addition of a new trade and purchase order finance solution to Jaguar’s portfolio of services.

FSW Funding, a Phoenix-based company that specializes in financing solutions for small and mid-size businesses, recently promoted Ashton Bennett to the position of Director of Operations. Bennett will oversee the management of the factoring and asset-based lending portfolio.

Bank of America today announced that it has acquired Axia Technologies, Inc. (“AxiaMed”), an industry-leading health care payment and technology company focused on facilitating secure patient payments. The acquisition will deepen and expand Bank of America’s payment offerings for healthcare clients and will further accelerate the bank’s ability to serve this key vertical. It is part of a broader initiative to integrate merchant services onto its proprietary platform following the dissolution of its merchant services joint venture last year. Terms of the acquisition were not disclosed.

Guggenheim Investments, the global asset management and investment advisory business of Guggenheim Partners, is pleased to announce the appointment of Dina DiLorenzo and David Rone, as Co-Presidents of Guggenheim Investments. Investment decisions will continue to be supervised and executed by investment personnel, as has been the case since our founding. Those activities are led by Scott Minerd, Guggenheim Partners Global Chief Investment Officer and Chairman of Guggenheim Investments, and by CIO of Fixed Income Anne Walsh.

Sidley Austin LLP is pleased to announce that Anthony Norris and Christopher Rile are joining the firm in New York as partners in its global M&A and Private Equity practice. They join from Ropes & Gray LLP, where they have been longtime partners in the firm’s private equity transaction group.

ING led a new $650 million syndicated secured borrowing base loan on behalf of the energy and wholesale marketing division of Pilot Company, one of the leading suppliers of fuel and the largest operator of travel centers in North America. The facility supports Pilot Company's oil product purchase and storage, energy and wholesale marketing, logistics and merchant activities. ING acted as the Sole Mandated Lead Arranger and Bookrunner, with participant lenders BNP Paribas, Rabobank, MUFG and Wells Fargo Bank N.A.

Avtech Capital, LLC ("Avtech" or the "Company") today announced the completion of a new credit facility with Capital One, N.A. The facility was established to provide additional liquidity to support the Company's growth strategies and diversify its funding model.

J D Factors announced it provided the following factoring facilities: $1,000,000 to a transportation courier company in California; $100,000 to a transportation company in Alberta; $300,000 to a transportation company in Illinois; $100,000 to a transportation company in Alberta...

Aurora Capital Partners ("Aurora"), a leading middle-market private equity firm, today announced the acquisition of Curtis Bay Medical Waste Services ("Curtis Bay"), an industry leader in medical waste collection, treatment and disposal services, from Summer Street Capital Partners.

Regions Bank on Thursday announced Caroline Taylor has joined its Corporate Banking group as senior vice president and head of Small Business Administration (SBA) Lending. Taylor brings extensive banking experience focused on meeting the financial needs of small businesses. Reporting to Timothy Monte, executive vice president and head of Credit Products for Regions, Taylor will be based in North Carolina while guiding services for Regions’ small-business clients across the South, Midwest and Texas.

WW International, Inc. (NASDAQ: WW) (the “Company”) announced today that it has completed the pricing and allocation of the previously announced $1.5 billion refinancing of its existing credit facilities and senior notes. The refinancing is expected to close on April 13, 2021, subject to customary closing conditions.