Ares Commercial Finance (“ACF”) announced that James Paterson has joined as Managing Director, Business Development Officer in Los Angeles, where he will focus on originating asset-based lending opportunities on the West Coast. Mr. Paterson reports to John Nooney, Managing Director at ACF.

Tradewind has closed a $2 million export factoring facility for an electronics company based in Hong Kong that sells items such as smart watches, smart bands, and tablets to traders and retailers globally. The company is able to extend open account payment terms to their customers and continue to grow their business with Tradewind’s funding in place.

Holley Cold Storage Fruit & Produce Co. and Holli-Pac, Inc., two cold storage facilities with co-packing lines, have retained Equity Partners HG, in conjunction with Tranzon Properties of NY, LLC, to seek a buyer for the business and/or real estate of both locations either independently or combined.

CIT Group Inc. (NYSE: CIT) today announced that its Technology, Media and Telecommunications business has arranged an $18 million financing package for Denovo Ventures LLC.

TAB Bank is pleased to announce it has provided a $1 million revolving credit facility for a trucking company based in Montana. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs.

FSW Funding, a Phoenix-based company that specializes in financing solutions for small and mid-size businesses, recently hired Todd Weber as Director of Operations. Weber will manage the FSW factoring and asset based lending portfolios to minimize risk and increase operational efficiency.

The appointment is for a three-year term that begins on October 1, 2019 at which time Ms. Berkoff will join a select group of highly-experienced mediators assisting the Second Circuit with appellate disputes.

Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced Randy Lederman has joined the firm as Managing Director of Originations.

Burr & Forman announces the addition of Russell Heller to the firm’s Wilmington, Delaware office as an associate. He joins the Creditors’ Rights & Bankruptcy Practice Group, where he will work on bankruptcy and restructuring engagements.

Amerisource Business Capital announced the closing and funding of a $3,000,000 credit facility for a long haul trucking company based in Ohio. Proceeds of the facility are being used to finance an acquisition.

Auxly Cannabis Group Inc. (TSX.V - XLY) ("Auxly" or the "Company") is pleased to announce that its joint venture partner, Sunens Farms Inc. (“Sunens”), has closed the previously announced $84 million syndicated credit facilities, with the Bank of Montreal (“BMO”) as Lead Underwriter.

San Francisco-based private financial group provides financial advisory services to global digital publishing distributor.

Crystal Financial LLC announced the closing of a Senior Credit Facility for Computer Data Source (“CDS” or “the Company”) An accordion facility was also provided. CDS is a leading specialist provider of enterprise-level data center third-party maintenance, focused on high-end data storage.

Monroe Capital LLC today announced it co-sponsored Thunder Bridge Acquisition II, Ltd. (“Thunder Bridge II”), a special purpose acquisition company (“SPAC”). This is the second SPAC that Monroe Capital has co-sponsored. Last year, Monroe Capital co-sponsored Thunder Bridge Acquisition, Ltd. and supported its successful business combination with Repay Holdings Corporation (NASDAQ: RPAY).

Business Capital structured and delivered a $16.5MM project finance loan for Naumes, Inc., a family-owned operation that has been growing, packing, storing and selling tree fruit for over seven decades to domestic and international markets.

sPower, a leading renewable energy Independent Power Producer (IPP), today announced that the company closed on the debt financing and tax equity commitment for Prevailing Wind Park, in Bon Homme, Charles Mix and Hutchinson Counties in South Dakota.

This new facility was closed in less than 60 days and is being used to help increase sales and support open account payment terms to overseas suppliers.

Today, Northstar Commercial Partners is thrilled to announce the hiring of Jonathan Smith, who will be focused on strategically sourcing distressed commercial real estate properties and mortgages from banks and financial institutions.

Commercial Finance Partners, headquartered in Boca Raton, Florida, is pleased to announce the recent addition of Kevin Soles to manage business development efforts in the Northeast.