Concord Financial Advisors announced that is arranged a $20 million senior secured revolving line of credit for a Midwest Lighting Company. The line of credit will be used to refinance existing debt and provide additional working capital.

First Commonwealth Financial Corporation (NYSE: FCF) today announced that its banking subsidiary, First Commonwealth Bank (“First Commonwealth”), completed the purchase of 14 central Pennsylvania retail banking locations from Santander Bank, N.A.

This team will help clients capitalize on growth opportunities and navigate challenges while facing unprecedented disruption from e-commerce, demographics trends, regulatory uncertainty, and shifts in consumer-brand relationships.

The in-kind donation is valued at over $75,000 at retail, and the shoes are being distributed through the Hilco Global philanthropic arm called Hilco Helps (www.hilcohelps.com).

VMAC Holdings LLC, a national owner and operator of rideshare, microtransit, and Transportation as a Service fleets, today announced the closing of a $5 million line of credit facility with Mercedes-Benz Financial Services USA LLC, a leading, captive financial services provider within the Daimler Mobility AG group of companies

King & Spalding today announced that Jonathan Arkins has joined as a partner in the firm’s Corporate, Finance and Investments (CFI) practice group in its New York office.

Artis Trade Systems (“Artis”) continues its rapid growth as it added another client to ArtisPay©, Artis’ Supply Chain Finance (SCF) software platform. On August 28th, Artis entered into an agreement with an independent lender based out of Austin, TX.

Allied Affiliated Funding, a division of Axiom Bank, N.A. provided $1,500,000 in receivables financing to a Florida-based company that has been in business for over a decade, designing and assembling communication systems for the government and large, commercial companies and $150,000 in receivables financing to a Texas-based start-up.

Rosenthal & Rosenthal, Inc., the leading independent factoring, asset-based lending and purchase order financing firm in the United States, today announced the completion of a recent $3 million inventory production finance deal for an iconic importer of women’s footwear.

With Sallyport’s assistance, the company intends to expand their product line and progress into other major Canadian retailers. Sallyport Commercial Finance is excited to collaborate with this company as they continue to fulfill their Hopes and Dreams and provide their customers with the “perfect tortilla.”

Cheniere Partners intends to use the proceeds from the offering to prepay all of the outstanding term loans under its senior secured credit facilities due 2024 (the “CQP Credit Facilities”) and for general corporate purposes, including funding future capital expenditures in connection with the construction of Train 6 at the Sabine Pass liquefaction project.

Tradewind has provided a $15 million credit facility to a 75-year-old manufacturer headquartered in Europe with a subsidiary in the USA. The company sells globally and is using the facility to support 120-day open account payment terms.

After 34 years in private practice, Don joined ExWorks Capital as Chief Transaction Counsel and Managing Director in July 2019. He is responsible for managing and supervising legal matters for both domestic and international financing transactions.

Abacus Finance Group, LLC, a leading provider of cash flow-based, classic senior debt for sponsor-led buyouts of companies with $3 million to $15 million in EBITDA, today announced that it served as Administrative Agent and Sole Lender for senior secured credit facilities to support the acquisition of Kason Corporation by Advanced Material Processing (“AMP”), a newly-formed May River Capital portfolio company.

Calumet Specialty Products Partners, L.P., a leading independent producer of specialty hydrocarbon and fuels products, today announced that it has successfully amended the terms of its existing asset-based loan facility (the "ABL" or "the facility") to increase the borrowing base on the facility by approximately $100 million.

SierraConstellation Partners (SCP), a national interim management and advisory firm to middle-market companies in transition, announced today that Philip Kaestle has been promoted to Senior Director and will relocate to Seattle as the firm establishes a presence in the Northwest U.S. market.

Urban Grid, a developer of solar projects throughout the United States, has closed a senior secured term loan facility for up to USD100 million with Crayhill Capital Management (Crayhill), a New York-based private credit manager and asset-based lender.

High Road Capital Partners announced that its portfolio company Banner Solutions has completed the acquisition of the assets of Specialized Builder’s Hardware, marking the company’s fifth acquisition under High Road Capital’s ownership.

The company has been in business for 10 years and is licensed to re-create classic video games such as; Ms. Pac Man, Frogger, Street Fighter, WWE, Space Invaders, etc.

Carter will be based out of Southern California and will be responsible for driving sales in the region. CBC Business Credit is a department within California Bank of Commerce that offers asset-based financing to a broad array of businesses.