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Home > Chapters > Canada > News Detail
  • SouthStar Capital Provides $4 Million Purchase Order and Accounts Receivable Facility to Support Growth in HVAC Sector
    October 2, 2025
    SouthStar Capital is pleased to announce the funding of a $4 million Purchase Order and Accounts Receivable Financing facility for a newly formed subsidiary of a publicly traded energy company that is expanding into the HVAC installation sector.
  • Bally’s Corporation Announces Increase to Its Revolving Credit Facility Commitments
    October 1, 2025
    Bally’s Corporation (the “Company” or “Bally’s”) (BALY: NYSE) announced today that it secured additional commitments to the extended maturity tranche to increase to $510 million of its revolving credit facility (“RCF”) commitments due October 1, 2028.
  • Verano Secures US $75,000,000 Revolving Credit Facility
    October 1, 2025
    Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced the closing of a credit agreement agented by Chicago Atlantic Admin, LLC, with participation from a regional bank, to provide the Company a revolving credit facility (the “Revolver”) of US $75,000,000.
  • LiftHigh Crane & Rigging Secures Revolving Credit Facility with Cadence Bank
    October 1, 2025
    LiftHigh Crane & Rigging, LLC ("LiftHigh") announced today that it has secured a revolving credit facility with Cadence Bank. This new financing provides additional liquidity and marks a significant milestone in the company's continued growth and expansion.
  • SFNet New Member Spotlight: Jobe Services, Inc.
    October 1, 2025
    Since 1995, Jobe tailors fast, fair and flexible cash flow solutions to the needs of small and medium-sized businesses.
  • Former CFTC Enforcement Director Brian Young joins Jones Day as Partner in Financial Markets Practice
    October 1, 2025
    The global law firm Jones Day announced today that Brian Young has joined the Firm as a Partner in its Financial Markets Practice. He is based in the Firm’s Washington Office. Mr. Young was most recently the Director of the Division of Enforcement at the Commodity Futures Trading Commission (CFTC), where he was responsible for leading the CFTC’s efforts to investigate and prosecute alleged violations of the Commodity Exchange Act and Commission regulations, and was previously the Director of the CFTC’s Whistleblower Office.
  • Tiger Group Auction Features Large Mix of Truck Tractors and Trailers
    October 1, 2025
    A timed online auction by Tiger Group on October 9 features more than 45 excess chemical fleet truck tractors and trailers in 14 states, including 27 Freightliner assets in operation for less than a decade.
  • Deerpath Capital Closes 16th Collateralized Loan Obligation
    October 1, 2025
    Deerpath Capital Management, LP ("Deerpath"), one of the largest private credit managers in the U.S. lower-middle market, today announced the closing of Deerpath CLO 2025-1, a $653.50 million collateralized loan obligation (CLO).
  • Spirit Airlines Announces Significant Progress Toward a Successful Restructuring
    October 1, 2025
    Spirit Aviation Holdings, Inc., parent company of Spirit Airlines, LLC ("Spirit" or the "Company"), continues to advance the Company's transformation to position the airline for the future. At a hearing today before the U.S. Bankruptcy Court for the Southern District of New York (the "Court"), Spirit announced significant progress in its ongoing Chapter 11 restructuring.
  • First Citizens Appoints New Leadership in South Carolina and Georgia
    October 1, 2025
    First Citizens Bank has named two new Area Executives in South Carolina and Georgia. Justin Rice will oversee the South Carolina Lowcountry region, as well as Savannah, Ga., and JP Connell will be responsible for the Charleston, South Carolina region and surrounding area. Both will lead business, commercial and branch banking operations, serving clients and managing teams in their respective regions.
  • Newtek Merchant Solutions Obtains Term Facility and Line of Credit from Goldman Sachs Alternatives
    October 1, 2025
    NewtekOne, Inc. (“NewtekOne” or “Company”) (NASDAQ: NEWT) announced that its wholly owned subsidiary, Newtek Merchant Solutions, LLC (“NMS”), has refinanced its term debt facility and revolving line of credit.
  • Attain Finance Enters into New $130 Million Credit Facility
    October 1, 2025
    Attain Finance (“Attain” or the “Company”), a leading consumer finance company, today announced it has entered into a new $130 million, two-year senior revolving credit agreement, led by Citizens Bank. The agreement is part of a broader $150 million revolving credit facility, with the remaining $20 million junior portion expected to be completed at a later date.
  • Aequum Capital Provides $8 Million Senior Secured Credit Facility to Ohio-Based Manufacturer
    October 1, 2025
    Aequum Capital is pleased to announce the closing of an $8 million senior secured credit facility to support the acquisition of an established Ohio-based manufacturer.
  • Amerisource Business Capital Closes $3,000,000 Working Capital Facility for Transportation & Cargo Company
    October 1, 2025
    Amerisource Business Capital announced the closing and funding of a $3,000,000 working capital facility for a North Dakota-based transportation and cargo company. The proceeds were used to provide working capital after the company’s previous lender imposed restrictive availability, limiting growth and operational flexibility.
  • Oxford Finance Strengthens ABL Platform with Appointment of Brock Johnson to Lead Underwriting
    October 1, 2025
    Oxford Finance LLC (“Oxford” or the “Company”), a leading specialty finance firm, is pleased to announce the appointment of Brock Johnson to lead Underwriting for its newly created Asset Based Lending (“ABL”) division.
  • Siena Lending Group LLC Provides a Revolving Credit Facility For Connoisseur Media
    September 30, 2025
    Siena Lending Group LLC (“Siena”), a leading provider of asset-based lending solutions, is pleased to announce the closing of a new senior secured revolving credit facility for Connoisseur Media (“the Company”).
  • Celtic Capital Corporation Provides $1 Million AR Line of Credit for Pacific Northwest-Based Business
    September 30, 2025
    Celtic Capital Corporation today announced its most recent new client relationship – a Pacific Northwest-based moving, storage, warehousing and transportation business. This long-time family business was seeking a new line of credit to replace its current bank as due to covenant violations, was being asked out.
  • Advantage Business Capital Welcomes Mike Fussell, SVP ABL, Southeast Region
    September 30, 2025
    Advantage Business Capital welcomes Mike Fussell to their growing team. Fussell will be focused on $1MM to $15MM asset-based loans in the southeast region, with main focuses in Florida, Georgia and the Carolinas.
  • SLR Business Credit Closes $7 Million Credit Facility for Established Midwest Manufacturer
    September 30, 2025
    SLR Business Credit is pleased to announce the successful closing of a $7 million credit facility for a century-old manufacturer specializing in the durable goods sector. The company, which has a long-standing presence in the Midwest, sought SLR’s expertise to secure a more flexible credit solution to invigorate its operations and support its growth trajectory.
  • Robin Oertel Joins First Business Bank As Senior Vice President - Asset-Based Lending
    September 30, 2025
    First Business Bank welcomes Robin Oertel as Senior Vice President – Asset-Based Lending to First Business Specialty Finance, LLC, a subsidiary of First Business Bank.
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  • SouthStar Capital Provides $4 Million Purchase Order and Accounts Receivable Facility to Support Growth in HVAC Sector
    October 2, 2025
    SouthStar Capital is pleased to announce the funding of a $4 million Purchase Order and Accounts Receivable Financing facility for a newly formed subsidiary of a publicly traded energy company that is expanding into the HVAC installation sector.
  • Bally’s Corporation Announces Increase to Its Revolving Credit Facility Commitments
    October 1, 2025
    Bally’s Corporation (the “Company” or “Bally’s”) (BALY: NYSE) announced today that it secured additional commitments to the extended maturity tranche to increase to $510 million of its revolving credit facility (“RCF”) commitments due October 1, 2028.
  • Verano Secures US $75,000,000 Revolving Credit Facility
    October 1, 2025
    Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced the closing of a credit agreement agented by Chicago Atlantic Admin, LLC, with participation from a regional bank, to provide the Company a revolving credit facility (the “Revolver”) of US $75,000,000.
  • LiftHigh Crane & Rigging Secures Revolving Credit Facility with Cadence Bank
    October 1, 2025
    LiftHigh Crane & Rigging, LLC ("LiftHigh") announced today that it has secured a revolving credit facility with Cadence Bank. This new financing provides additional liquidity and marks a significant milestone in the company's continued growth and expansion.
  • SFNet New Member Spotlight: Jobe Services, Inc.
    October 1, 2025
    Since 1995, Jobe tailors fast, fair and flexible cash flow solutions to the needs of small and medium-sized businesses.
  • Former CFTC Enforcement Director Brian Young joins Jones Day as Partner in Financial Markets Practice
    October 1, 2025
    The global law firm Jones Day announced today that Brian Young has joined the Firm as a Partner in its Financial Markets Practice. He is based in the Firm’s Washington Office. Mr. Young was most recently the Director of the Division of Enforcement at the Commodity Futures Trading Commission (CFTC), where he was responsible for leading the CFTC’s efforts to investigate and prosecute alleged violations of the Commodity Exchange Act and Commission regulations, and was previously the Director of the CFTC’s Whistleblower Office.
  • Tiger Group Auction Features Large Mix of Truck Tractors and Trailers
    October 1, 2025
    A timed online auction by Tiger Group on October 9 features more than 45 excess chemical fleet truck tractors and trailers in 14 states, including 27 Freightliner assets in operation for less than a decade.
  • Deerpath Capital Closes 16th Collateralized Loan Obligation
    October 1, 2025
    Deerpath Capital Management, LP ("Deerpath"), one of the largest private credit managers in the U.S. lower-middle market, today announced the closing of Deerpath CLO 2025-1, a $653.50 million collateralized loan obligation (CLO).
  • Spirit Airlines Announces Significant Progress Toward a Successful Restructuring
    October 1, 2025
    Spirit Aviation Holdings, Inc., parent company of Spirit Airlines, LLC ("Spirit" or the "Company"), continues to advance the Company's transformation to position the airline for the future. At a hearing today before the U.S. Bankruptcy Court for the Southern District of New York (the "Court"), Spirit announced significant progress in its ongoing Chapter 11 restructuring.
  • First Citizens Appoints New Leadership in South Carolina and Georgia
    October 1, 2025
    First Citizens Bank has named two new Area Executives in South Carolina and Georgia. Justin Rice will oversee the South Carolina Lowcountry region, as well as Savannah, Ga., and JP Connell will be responsible for the Charleston, South Carolina region and surrounding area. Both will lead business, commercial and branch banking operations, serving clients and managing teams in their respective regions.
  • Newtek Merchant Solutions Obtains Term Facility and Line of Credit from Goldman Sachs Alternatives
    October 1, 2025
    NewtekOne, Inc. (“NewtekOne” or “Company”) (NASDAQ: NEWT) announced that its wholly owned subsidiary, Newtek Merchant Solutions, LLC (“NMS”), has refinanced its term debt facility and revolving line of credit.
  • Attain Finance Enters into New $130 Million Credit Facility
    October 1, 2025
    Attain Finance (“Attain” or the “Company”), a leading consumer finance company, today announced it has entered into a new $130 million, two-year senior revolving credit agreement, led by Citizens Bank. The agreement is part of a broader $150 million revolving credit facility, with the remaining $20 million junior portion expected to be completed at a later date.
  • Aequum Capital Provides $8 Million Senior Secured Credit Facility to Ohio-Based Manufacturer
    October 1, 2025
    Aequum Capital is pleased to announce the closing of an $8 million senior secured credit facility to support the acquisition of an established Ohio-based manufacturer.
  • Amerisource Business Capital Closes $3,000,000 Working Capital Facility for Transportation & Cargo Company
    October 1, 2025
    Amerisource Business Capital announced the closing and funding of a $3,000,000 working capital facility for a North Dakota-based transportation and cargo company. The proceeds were used to provide working capital after the company’s previous lender imposed restrictive availability, limiting growth and operational flexibility.
  • Oxford Finance Strengthens ABL Platform with Appointment of Brock Johnson to Lead Underwriting
    October 1, 2025
    Oxford Finance LLC (“Oxford” or the “Company”), a leading specialty finance firm, is pleased to announce the appointment of Brock Johnson to lead Underwriting for its newly created Asset Based Lending (“ABL”) division.
  • Siena Lending Group LLC Provides a Revolving Credit Facility For Connoisseur Media
    September 30, 2025
    Siena Lending Group LLC (“Siena”), a leading provider of asset-based lending solutions, is pleased to announce the closing of a new senior secured revolving credit facility for Connoisseur Media (“the Company”).
  • Celtic Capital Corporation Provides $1 Million AR Line of Credit for Pacific Northwest-Based Business
    September 30, 2025
    Celtic Capital Corporation today announced its most recent new client relationship – a Pacific Northwest-based moving, storage, warehousing and transportation business. This long-time family business was seeking a new line of credit to replace its current bank as due to covenant violations, was being asked out.
  • Advantage Business Capital Welcomes Mike Fussell, SVP ABL, Southeast Region
    September 30, 2025
    Advantage Business Capital welcomes Mike Fussell to their growing team. Fussell will be focused on $1MM to $15MM asset-based loans in the southeast region, with main focuses in Florida, Georgia and the Carolinas.
  • SLR Business Credit Closes $7 Million Credit Facility for Established Midwest Manufacturer
    September 30, 2025
    SLR Business Credit is pleased to announce the successful closing of a $7 million credit facility for a century-old manufacturer specializing in the durable goods sector. The company, which has a long-standing presence in the Midwest, sought SLR’s expertise to secure a more flexible credit solution to invigorate its operations and support its growth trajectory.
  • Robin Oertel Joins First Business Bank As Senior Vice President - Asset-Based Lending
    September 30, 2025
    First Business Bank welcomes Robin Oertel as Senior Vice President – Asset-Based Lending to First Business Specialty Finance, LLC, a subsidiary of First Business Bank.
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