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Home > Chapters > Canada > News Detail
  • Encina Private Credit Expands Leadership Team, Promotes Mark Patchell to Chief Commercial Officer, Head of Originations
    August 6, 2025
    Mark Patchell has been named Chief Commercial Officer and Head of Originations for Encina Private Credit (“Encina”), the specialty finance company that provides first-out, enterprise value loans to private equity-sponsored and non-sponsored borrowers across the middle market.
  • ​First Citizens Bank and Anderson UnderBridge Launch Vendor Financing Program to Expand Bridge Access Equipment Market
    August 6, 2025
    First Citizens Bank today announced a major new vendor finance agreement with Anderson UnderBridge, based in York, South Carolina, a leading provider of underbridge access equipment that helps contractors, engineers and transportation departments work faster, safer and smarter on complex bridge projects.
  • Printed Circuit Board Manufacturer Secures $2,500,000 Facility from Prestige Capital as Part of Turnaround Plan
    August 6, 2025
    A Northeast manufacturer of printed circuit boards has secured a $2,500,000 line of credit from Prestige Capital to support its turnaround strategy.
  • Quickpay Provides $200K Invoice Factoring Facility to Ship Repair Company
    August 6, 2025
    Quickpay Funding (“Quickpay”) has established a $200,000 invoice factoring facility for a California-based ship repair company specializing in critical maintenance and fabrication services for U.S. Navy vessels. The new facility offers the critical working capital needed to manage labor costs, purchase materials, and rapidly mobilize for time-sensitive defense projects.
  • Pathlight Capital Agents $225,000,000 Senior Secured Credit Facility for J.G. Wentworth Company, LLC
    August 6, 2025
    Pathlight Capital LP ("Pathlight" or "Pathlight Capital") today announced that it is serving as the Administrative Agent on a $225 million senior secured credit facility for JGW Debt Settlement, LLC ("JG Wentworth" or the "Company"), a provider of success fee-based debt resolution services.
  • Wells Fargo Commercial Banking Announces Collaboration with the National Center for the Middle Market
    August 6, 2025
    Wells Fargo & Company (NYSE: WFC) today announced a collaboration with the National Center for the Middle Market (NCMM) at The Ohio State University Max M. Fisher College of Business. Wells Fargo’s Commercial Banking group will provide the NCMM with insights into the banking needs of middle market companies, helping guide research reports, including their flagship Middle Market Indicator. T
  • Aurous Financial Closes $3MM PO Finance Facility for Cannabis Packaging Client
    August 6, 2025
    ​Aurous Financial has closed a $3MM facility for a manufacturer of cannabis packaging with sales to a major distributor. The client had MOQs and just-in-time replenishment orders, which can make it challenging for PO financiers to find comfort with inventory on the replenishment side.
  • White Oak Commercial Finance Deploys a Combined $35 Million in Two New Financings
    August 6, 2025
    White Oak Commercial Finance (“WOCF”), an affiliate of White Oak Global Advisors (“White Oak”), announced the closing and funding of two new lower middle-market transactions, with a combined total of $35 million of committed capital to fund a leading transportation & logistics company and full-service global marketing agency.
  • nFusion Provides $20 Million ABL Facility to Help Manufacturer Manage Seasonal Selling Peak
    August 6, 2025
    nFusion Capital recently provided a $20 million asset-based lending facility to support a vertically integrated manufacturer of garden products' growth strategy. The Company’s products include hand trucks, trailer carts, lawn spreaders, non-powered wheeled garden products, hammocks, sport bags, and a variety of other consumer and OEM products.
  • Provident Bank Names Michael A. Perito SVP, Head of Corporate Strategy
    August 6, 2025
    Provident Bank, a leading New Jersey-based financial institution, has announced that Michael A. Perito has joined the organization as Senior Vice President and Head of Corporate Strategy.
  • Wintrust Arranges $90 Million in Financing to Midwest-Based Printing Company
    August 6, 2025
    Wintrust Financial Corporation (NASDAQ: WTFC) today announced that its Wintrust Business Credit team arranged $90 million in financing for a Midwest-based commercial printer to support its growth objectives.
  • Moritt Hock & Hamroff Bolsters New York Litigation and Business Restructuring Capabilities with Addition of Susan J. Coleman and Michael Kwiatkowski
    August 6, 2025
    Moritt Hock & Hamroff, a New York headquartered commercial law firm, today announced the addition of attorneys Susan J. Coleman and Michael C. Kwiatkowski as Counsel in the firm’s Garden City office. Coleman joins Moritt Hock & Hamroff's Litigation and Real Estate practice while Kwiatkowski joins the firm’s Creditors’ Rights, Restructuring & Bankruptcy practice.
  • Commercial Finance Partners Closes $2,000,000 AR Financing Facility
    August 6, 2025
    Commercial Finance Partners is excited to announce the closing of a $2,000,000 accounts receivable financing facility for a growing corporate security provider.
  • Monroe Capital Supports GTCR’s Investment in Clear Capital
    August 6, 2025
    Monroe Capital LLC (“Monroe”) announced it acted as joint lead arranger on the funding of a senior credit facility to support the investment in Clear Capital by GTCR.
  • Paola Socci Achieves SFNet's Secured Finance Certified Professional (SFCP) Designation
    August 5, 2025
    SFNet Secured Finance Certified Professional (SFCP) program, offered to employees of SFNet members, features a robust curriculum of live online courses. Certification criteria are designed to reinforce industry excellence, elevate professional standing, and propel careers forward. Here, we spotlight one of our first SFCPs, Paola Socci, associate portfolio manager, Siena Lending.
  • Maxim Commercial Capital Fills Capital Void in Q2 2025
    August 4, 2025
    Maxim Commercial Capital (“Maxim”) announced strong results financing used equipment purchases during the second quarter of 2025, despite price volatility and economic uncertainty caused by looming tariffs. Maxim is a national provider of loans and leases from $10,000 to $3 million collateralized by class 6 and 8 trucks, trailers, construction and agricultural heavy equipment, and real estate.
  • Iron Horse Credit Welcomes Joshua D. Beauvais
    August 4, 2025
    Iron Horse Credit is pleased to announce the appointment of Joshua D. Beauvais as Senior Vice President. Mr. Beauvais brings more than 15 years of portfolio and credit experience in the commercial finance industry.
  • Utica Funds $3 Million Capital Lease for Pharmaceutical Manufacturer
    August 4, 2025
    Utica is pleased to announce the closing of a $3,000,000 Capital Lease for a Southeast-based pharmaceutical manufacturer specializing in Transdermal Delivery Systems (TDS) and Oral Dissolvable Films (ODF). Secured by manufacturing and analytical equipment, the lease marks the second schedule of funding provided to this customer.
  • Mathew Hennings Joins the Utica Equipment Finance Team as Managing Director of Sales
    August 4, 2025
    Utica Equipment Finance, a leading provider of equipment-based term loans and leases to companies throughout North America, is pleased to announce that Mathew Hennings has joined the firm as Managing Director of Sales. In this role, he will be responsible for sourcing and developing client and referral relationships across the United States.
  • ​Federal Regulatory Enforcement Plummets 37% as States Rush to Fill Compliance Void, Wolters Kluwer Analysis Reveals
    August 4, 2025
    Regulatory enforcement actions against financial services firms experienced an unprecedented decline in the first half of 2025, with violation volumes plummeting 37% compared to the previous six months, according to new data from Wolters Kluwer Financial & Corporate Compliance's Regulatory Violations Intelligence Index.
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  • Encina Private Credit Expands Leadership Team, Promotes Mark Patchell to Chief Commercial Officer, Head of Originations
    August 6, 2025
    Mark Patchell has been named Chief Commercial Officer and Head of Originations for Encina Private Credit (“Encina”), the specialty finance company that provides first-out, enterprise value loans to private equity-sponsored and non-sponsored borrowers across the middle market.
  • ​First Citizens Bank and Anderson UnderBridge Launch Vendor Financing Program to Expand Bridge Access Equipment Market
    August 6, 2025
    First Citizens Bank today announced a major new vendor finance agreement with Anderson UnderBridge, based in York, South Carolina, a leading provider of underbridge access equipment that helps contractors, engineers and transportation departments work faster, safer and smarter on complex bridge projects.
  • Printed Circuit Board Manufacturer Secures $2,500,000 Facility from Prestige Capital as Part of Turnaround Plan
    August 6, 2025
    A Northeast manufacturer of printed circuit boards has secured a $2,500,000 line of credit from Prestige Capital to support its turnaround strategy.
  • Quickpay Provides $200K Invoice Factoring Facility to Ship Repair Company
    August 6, 2025
    Quickpay Funding (“Quickpay”) has established a $200,000 invoice factoring facility for a California-based ship repair company specializing in critical maintenance and fabrication services for U.S. Navy vessels. The new facility offers the critical working capital needed to manage labor costs, purchase materials, and rapidly mobilize for time-sensitive defense projects.
  • Pathlight Capital Agents $225,000,000 Senior Secured Credit Facility for J.G. Wentworth Company, LLC
    August 6, 2025
    Pathlight Capital LP ("Pathlight" or "Pathlight Capital") today announced that it is serving as the Administrative Agent on a $225 million senior secured credit facility for JGW Debt Settlement, LLC ("JG Wentworth" or the "Company"), a provider of success fee-based debt resolution services.
  • Wells Fargo Commercial Banking Announces Collaboration with the National Center for the Middle Market
    August 6, 2025
    Wells Fargo & Company (NYSE: WFC) today announced a collaboration with the National Center for the Middle Market (NCMM) at The Ohio State University Max M. Fisher College of Business. Wells Fargo’s Commercial Banking group will provide the NCMM with insights into the banking needs of middle market companies, helping guide research reports, including their flagship Middle Market Indicator. T
  • Aurous Financial Closes $3MM PO Finance Facility for Cannabis Packaging Client
    August 6, 2025
    ​Aurous Financial has closed a $3MM facility for a manufacturer of cannabis packaging with sales to a major distributor. The client had MOQs and just-in-time replenishment orders, which can make it challenging for PO financiers to find comfort with inventory on the replenishment side.
  • White Oak Commercial Finance Deploys a Combined $35 Million in Two New Financings
    August 6, 2025
    White Oak Commercial Finance (“WOCF”), an affiliate of White Oak Global Advisors (“White Oak”), announced the closing and funding of two new lower middle-market transactions, with a combined total of $35 million of committed capital to fund a leading transportation & logistics company and full-service global marketing agency.
  • nFusion Provides $20 Million ABL Facility to Help Manufacturer Manage Seasonal Selling Peak
    August 6, 2025
    nFusion Capital recently provided a $20 million asset-based lending facility to support a vertically integrated manufacturer of garden products' growth strategy. The Company’s products include hand trucks, trailer carts, lawn spreaders, non-powered wheeled garden products, hammocks, sport bags, and a variety of other consumer and OEM products.
  • Provident Bank Names Michael A. Perito SVP, Head of Corporate Strategy
    August 6, 2025
    Provident Bank, a leading New Jersey-based financial institution, has announced that Michael A. Perito has joined the organization as Senior Vice President and Head of Corporate Strategy.
  • Wintrust Arranges $90 Million in Financing to Midwest-Based Printing Company
    August 6, 2025
    Wintrust Financial Corporation (NASDAQ: WTFC) today announced that its Wintrust Business Credit team arranged $90 million in financing for a Midwest-based commercial printer to support its growth objectives.
  • Moritt Hock & Hamroff Bolsters New York Litigation and Business Restructuring Capabilities with Addition of Susan J. Coleman and Michael Kwiatkowski
    August 6, 2025
    Moritt Hock & Hamroff, a New York headquartered commercial law firm, today announced the addition of attorneys Susan J. Coleman and Michael C. Kwiatkowski as Counsel in the firm’s Garden City office. Coleman joins Moritt Hock & Hamroff's Litigation and Real Estate practice while Kwiatkowski joins the firm’s Creditors’ Rights, Restructuring & Bankruptcy practice.
  • Commercial Finance Partners Closes $2,000,000 AR Financing Facility
    August 6, 2025
    Commercial Finance Partners is excited to announce the closing of a $2,000,000 accounts receivable financing facility for a growing corporate security provider.
  • Monroe Capital Supports GTCR’s Investment in Clear Capital
    August 6, 2025
    Monroe Capital LLC (“Monroe”) announced it acted as joint lead arranger on the funding of a senior credit facility to support the investment in Clear Capital by GTCR.
  • Paola Socci Achieves SFNet's Secured Finance Certified Professional (SFCP) Designation
    August 5, 2025
    SFNet Secured Finance Certified Professional (SFCP) program, offered to employees of SFNet members, features a robust curriculum of live online courses. Certification criteria are designed to reinforce industry excellence, elevate professional standing, and propel careers forward. Here, we spotlight one of our first SFCPs, Paola Socci, associate portfolio manager, Siena Lending.
  • Maxim Commercial Capital Fills Capital Void in Q2 2025
    August 4, 2025
    Maxim Commercial Capital (“Maxim”) announced strong results financing used equipment purchases during the second quarter of 2025, despite price volatility and economic uncertainty caused by looming tariffs. Maxim is a national provider of loans and leases from $10,000 to $3 million collateralized by class 6 and 8 trucks, trailers, construction and agricultural heavy equipment, and real estate.
  • Iron Horse Credit Welcomes Joshua D. Beauvais
    August 4, 2025
    Iron Horse Credit is pleased to announce the appointment of Joshua D. Beauvais as Senior Vice President. Mr. Beauvais brings more than 15 years of portfolio and credit experience in the commercial finance industry.
  • Utica Funds $3 Million Capital Lease for Pharmaceutical Manufacturer
    August 4, 2025
    Utica is pleased to announce the closing of a $3,000,000 Capital Lease for a Southeast-based pharmaceutical manufacturer specializing in Transdermal Delivery Systems (TDS) and Oral Dissolvable Films (ODF). Secured by manufacturing and analytical equipment, the lease marks the second schedule of funding provided to this customer.
  • Mathew Hennings Joins the Utica Equipment Finance Team as Managing Director of Sales
    August 4, 2025
    Utica Equipment Finance, a leading provider of equipment-based term loans and leases to companies throughout North America, is pleased to announce that Mathew Hennings has joined the firm as Managing Director of Sales. In this role, he will be responsible for sourcing and developing client and referral relationships across the United States.
  • ​Federal Regulatory Enforcement Plummets 37% as States Rush to Fill Compliance Void, Wolters Kluwer Analysis Reveals
    August 4, 2025
    Regulatory enforcement actions against financial services firms experienced an unprecedented decline in the first half of 2025, with violation volumes plummeting 37% compared to the previous six months, according to new data from Wolters Kluwer Financial & Corporate Compliance's Regulatory Violations Intelligence Index.
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