Celtic Capital Corporation announced its most recent new client relationship— a Pacific Northwest premier auto transportation and logistics company. This husband and wife Company, founded in 2012, needed to replace some high-cost debt and was referred to Celtic Capital by a trusted intermediary.

Great American Holdings, LLC ("GA Group"), a provider of financial advisory, valuation, asset disposition, investment banking, and lending services and majority-owned by funds managed by Oaktree Capital Management, L.P. ("Oaktree"), today announced the appointment of Scott Hoek as vice president and head of Fixtures, Furniture & Equipment (FF&E).

Womble Bond Dickinson announced today that Joshua Becker has joined the firm's Corporate & Securities Group as a partner in the Phoenix office. Becker advises franchisors, technology companies, and other businesses across the full life of a commercial enterprise, from formation and growth through the sale or protection of what they have built.

Earlypay Limited (ASX: EPY) has completed a major technology transformation designed to make accessing and managing invoice finance simpler for Australian businesses and improve the experience for brokers referring their clients.

As PNC Bank accelerates its growth in Tennessee, the bank has appointed Michael Jannusch to lead Commercial Banking for the region. A 34-year banking veteran, Jannusch will lead PNC’s Tennessee-based Commercial Banking team, which serves local organizations with annual revenues between $10 million and $100 million in sectors such as manufacturing, healthcare and nonprofits, as well as companies in the service-providing industries that are increasingly driving Nashville’s economy.

U.S. Bank is continuing to expand its business banking presence nationally, adding new bankers in Florida, Georgia, Texas and Arizona who serve businesses with annual sales between $2.5 million and $50 million.

Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Escape Fire Protection Inc. (“EFP”) by private equity sponsor Hidden Harbor Capital Partners.

Legacy Corporate Lending, LLC (“Legacy”), an independent asset-based lending (ABL) company focused on serving the needs of middle market companies across North America, today announced that it provided a $40 million asset-based credit facility to National Christmas Products, LLC (“NCP” or the “Company”), a leading wholesaler and e-commerce distributor of artificial Christmas trees, wreaths, garlands, and seasonal décor throughout North America.

Abacus Finance Group, LLC – a leading provider of cash flow-based, senior debt for sponsor-led investments in lower middle-market companies – today announced that it served as Senior Secured Credit Facilities Administrative Agent and Lead Arranger in a senior debt financing to support River Associates’ leveraged buyout of Horsepower Automotive Group. Abacus Finance Group also made an equity co-investment in Horsepower Automotive Group.

Wingspire Capital is pleased to announce it has provided $45 million in first-out secured financing to a leading provider of metal surface finishing solutions for mission-critical components.

The State of California is on the cusp of adopting the annex legislation that directly affects commercial financing providers who make loans and advances to small businesses located in California. This legislation has passed both the California State Assembly and State Senate and is on the Governor’s “desk” for signature or veto.

Franklin Capital Network, a leading provider of flexible working capital solutions to growing businesses, is pleased to announce the addition of Gammie Chung as Vice President, Head of A/R Administration. Chung brings 20 years of commercial finance experience to Franklin, with extensive expertise in factoring, asset-based lending, credit, underwriting, portfolio management, and client relationship strategy.

Crescent Capital Group LP (“Crescent”), one of the leading alternative credit investment firms, announced today the final close of its second captive collateralized loan obligation (CLO) equity fund, Crescent CLO Equity Funding II, with $232 million in commitments. The fund doubled the size of its predecessor, Crescent CLO Equity Funding I, which closed in 2018 with $103 million in commitments.

Honigman LLP announced today that Seth Darmstadter joined the firm as a partner in the Private Equity Litigation Practice Group of the Litigation Department. Seth comes to Honigman from Raines Feldman Littrell, where he was co-chair of its Litigation Department and managing partner of the firm’s Chicago office.

Womble Bond Dickinson announced today that Mark Eckard has joined the firm's Finance, Bankruptcy and Restructuring Group as a partner in the Wilmington office. Eckard represents debtors, creditors' committees, secured lenders, directors and officers, landlords, and unsecured creditors in the full range of matters that arise around distressed companies.

Porter Capital Corporation, a leading provider of working capital solutions, announced the closing of a $10 million non-notification factoring facility for a family-owned seafood importer and processor with more than two decades in business.

Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) (“Perma-Pipe” or the “Company”), a leading global provider of engineered piping and leak detection solutions for energy, infrastructure and industrial markets, today announced the closing of a new global credit facility with J.P. Morgan consists of a $75.0 million revolving credit facility and a $14.0 million term loan facility, and allows the Company access to an additional $50.0 million in incremental capacity.

Core Scientific, Inc. (Nasdaq: CORZ) (“Core Scientific” or the “Company”), a leader in digital infrastructure for high-density colocation (“HDC”), today announced that it has entered into $600 million of committed senior secured credit facilities, consisting of a $100 million revolving credit facility and $500 million letter of credit facility.

Velocity Financial, Inc. (NYSE: VEL; “Velocity” or the “Company”) today announced a definitive agreement to acquire the operating platform of Toorak Capital LLC (“Toorak”), a business-purpose lending and asset management platform which is majority owned by funds advised by affiliates of KKR, a leading global investment firm. Toorak has also entered into separate agreements with a third-party investment firm for the purchase of Toorak’s existing portfolio of business-purpose loans (“BPL”) totaling approximately $3 billion in unpaid principal balance across whole loans and loans held in Toorak Mortgage Trust and TRK Trust securitizations.

Garrington Capital, a senior secured, asset-based lender to the middle market, today announced it has provided a $2 million equipment financing facility to an oil and gas service entity operating in Nevada. The borrower's name is being withheld at its request.