McFarland will be responsible for handling a portfolio of asset based and factoring clients along with working closely with NMC’s business development team in underwriting new business opportunities. His involvement will be on a national scope.

Rivera brings more than 20 years of banking experience, specializing in commercial, industrial, equipment, retail and transportation finance.

Three out of 4 businesses – 76% of midsize companies and 74% of small ones – are optimistic about their own performance, and the majority expect to grow sales this year (70% of midsize companies and 62% of small ones). They’re leaning into this expected growth through measures including more widespread adoption of new technology and increased hiring.

Expansion Capital Group (ECG) announced the appointment of Brittney Newell to Chief Financial Officer. Newell will oversee the company's Finance, Accounting, Human Resources, and Underwriting departments. Newell joined the ECG team in early 2015, and has played a critical financial leadership role in the transformation and growth of ECG.

"This interim amendment is a collaborative first step toward a comprehensive debt refinancing on an accelerated timeframe. With the assistance of B. Riley FBR, Inc. and our existing senior lender syndicate, we expect to further amend our Credit Agreement by January 20, 2020, well in advance of our March 15, 2020 requirement,” said Kenneth Young, B&W Chief Executive Officer.

As part of the acquisition, Kennedy Lewis has agreed to provide seller financing of $25 million in the form of a second lien loan. Kennedy Lewis has also agreed to assist with the refinancing of TSI’s existing term loan, with a follow-on commitment of up to $25 million of additional second lien debt. The closing and follow on commitment is conditioned upon TSI’s ability to reach acceptable terms with its existing term loan lenders. Until the acquisition closes, TSI and Flywheel have agreed to cross-market each other’s products.

CBAM Partners today announced the closing of a new $60 million Credit Facility led by RBC Capital Markets as Lead Arranger and Sole Bookrunner with lenders Royal Bank of Canada (RBC) as Administrative Agent and Barclays Bank PLC as Syndication Agent. Proceeds will be used to refinance a working capital facility provided by CBAM's parent, Eldridge Industries, and pursue growth initiatives including expansion into new geographies and seeding new investment strategies.

Signature Bank (Nasdaq: SBNY), a New York-based full-service commercial bank and one of the leading financial institutions serving the blockchain industry, announced today it forged a relationship with Prime Trust, a technology-driven financial institution providing infrastructure solutions for the digital economy.

The law firm of Moritt Hock & Hamroff with offices on Long Island and in Manhattan has announced that Theresa A. Driscoll, Rachel A. Fernbach and Dylan Saperman, formerly counsel of the firm, have been elevated to partner, and that Julia Gavrilov, Jacquelyn J. Moran and Kelly D. Schneid, formerly associates at the firm, have been each elevated to counsel, effective January 1, 2020.

Drew McManigle, Founder and Managing Director of Houston-based MACCO Restructuring Group, LLC (MACCO), announced the opening of new offices in Wilmington, Delaware and Denver, Colorado together with several notable additions to the firm.

Piper Jaffray Companies and Sandler O’Neill + Partners, L.P. today announced the completion of their merger to become Piper Sandler Companies (NYSE: PIPR). The resulting company represents one of the broadest and most capable full-service investment banking platforms on Wall Street complemented by one of the largest securities distribution and trading franchises with market-leading research aligned to serve the middle-market.

Tradewind Finance has closed a reverse factoring deal with a Hong Kong-based electronics company whose buyer is located in the United States. The deal marks the addition of a second supplier to the vendor finance program that Tradewind has set up for the US buyer.

36th Street Capital Partners LLC (“36th Street Capital”), an independent provider of alternative funding solutions for the equipment financing industry, announced the appointment of Thomas Linebarger as Senior Vice President of Business Development.

ovia (NYSE:CVIA), a leading provider of mineral-based material solutions for the Industrial and Energy markets, announced a series of actions that are expected to improve its financial flexibility: $85 Million Committed Standby Credit Facility - The Company has received a commitment from PNC Bank, National Association for a new, 3-year credit facility for up to $85 million.

Midcoast Energy Holdings, a portfolio company of an affiliate of ArcLight Capital Partners, has completed an $830 million refinancing with a consortium of Korean lenders and institutional investors. The refinancing involves a Midcoast Energy subsidiary that indirectly holds a 35% interest in the Texas Express Pipeline, a 594-mile, 20-inch natural gas liquids pipeline which begins in Skellytown, Texas and ends in Mt. Belvieu, Texas. Midcoast Energy will continue to own and control its 35% interest in Texas Express.

AgroFresh has entered into an agreement with Bank of Montreal to extend AgroFresh’s existing $12.5 million revolving credit facility to April 1, 2021. The amendment also includes favorable revisions to the senior secured net leverage ratio.

Cabot Microelectronics Corporation (Nasdaq: CCMP) today announced that it has amended its credit agreement entered into on November 15, 2018 to reduce the interest rate on borrowings under the agreement’s term loan facility by 25 basis points. The new term loan facility of the amended credit agreement has an aggregate principal amount of $957.0 million and bears interest at a rate per annum equal to, at the company’s option, either (a) a London Inter-bank Offered Rate (“LIBOR”), subject to a 0.00% floor, or (b) a base rate, in each case plus an applicable margin of 2.00% for LIBOR loans and 1.00% for base rate loans.

Melinta Therapeutics, Inc. (NASDAQ: MLNT) (the “Company” or “Melinta”), a commercial-stage company focused on the development and commercialization of novel antibiotics to treat serious bacterial infections, today announced that it has entered into a Restructuring Support Agreement (the “Agreement”) with the lenders under its senior credit facility, Deerfield Private Design Fund III, L.P. and Deerfield Private Design Fund IV, L.P. (the “Supporting Lenders”).

BlueLinx Holdings Inc. (NYSE: BXC), a leading distributor of building and industrial products in the United States, today announced that it has completed sale-leaseback transactions for aggregate net cash proceeds of $27.2 million, which were used to repay indebtedness under the Company’s term loan. The transactions closed on December 31, 2019.

Air Industries Group (“Air Industries” or the “Company”), an integrated manufacturer of precision equipment assemblies and components for leading aerospace and defense prime contractors is pleased to announce that on December 31, 2019 it entered into a new 3-year, $19.8 million credit facility, consisting of a $16 million revolving credit line, and a $3.8 million term loan.