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Home > Chapters > Canada > News Detail
  • CIT Serves as Sole Lead Arranger on Financing for Technology Consulting and Services Firm
    September 24, 2019
    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 Provides Trucking Company in Montana with a $1 Million Revolving Credit Facility
    September 24, 2019
    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 Announces New Director of Operations
    September 24, 2019
    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.
  • Moritt Hock & Hamroff Partner Leslie Berkoff Appointed by Court of Appeals for the Second Circuit to Mediator Panel
    September 24, 2019
    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 Continues Expansion, Adds Northeast Originator
    September 24, 2019
    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 Expands in Wilmington Delaware
    September 24, 2019
    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 Closes $3,000,000 Credit Facility for Transportation Company
    September 24, 2019
    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 Announces Closing of Previously Announced $84 Million Credit Facilities Through its Joint Venture Partner, Sunens Farms Inc.
    September 24, 2019
    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.
  • US Capital Global Advises on $8 Million Credit Facility for Digital Publishing Distributor
    September 24, 2019
    San Francisco-based private financial group provides financial advisory services to global digital publishing distributor.
  • Crystal Financial Agents Senior Credit Facility for CDS
    September 24, 2019
    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 Sponsors Second SPAC - Thunder Bridge Acquisition II, Ltd.
    September 24, 2019
    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 Delivers $16.5 Million Financing for Premier Fruit Company
    September 24, 2019
    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 Closes Debt and Tax Equity Financing for 218 MW Wind Farm
    September 23, 2019
    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.
  • Stenn Closes Unsecured Seven Figure Trade Finance Facility for Photographic Paper Importer in USA
    September 23, 2019
    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.
  • Northstar Announces Hiring of New Director of Distressed Acquisitions and Debt, Jonathan Smith
    September 23, 2019
    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 Announces Kevin Soles has Joined to Manage Business Development Efforts in the Northeast
    September 23, 2019
    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.
  • Maverix Metals Closes US$120 Million Credit Facility
    September 23, 2019
    Maverix would like to thank Canadian Imperial Bank of Commerce and National Bank of Canada for their continued support and confidence in the Company's business model as well as welcome The Bank of Nova Scotia as a new member to the syndicate. Maverix intends to use the Increased Facility for future royalty and stream acquisitions
  • Atlantic Risk Strengthens its European Footprint and Lands in Germany
    September 23, 2019
    Atlantic RMS the leading provider of Diligence, Workout and Collection Services to the ABL, ABS and Receivables Finance Industry, has extended its reach and presence in Germany.
  • ServisFirst Bank Announces New Commercial Banking Team for Charleston, SC and Naples, FL Markets
    September 23, 2019
    Kurt Sequer, Senior Vice President, Commercial Banking, Steve Humphreys, Senior Vice President, Commercial Banking, Brian Michel, Senior Vice President, Commercial Banking, and Christy Chumney, Assistant Relationship Manager joined the Charleston, SC location.
  • Orrick Adds Structured Finance Rising Star in London
    September 23, 2019
    Orrick announced today that structured finance lawyer Richard Hanson has joined the firm as a partner based in London. He joins from Ropes & Gray.
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  • CIT Serves as Sole Lead Arranger on Financing for Technology Consulting and Services Firm
    September 24, 2019
    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 Provides Trucking Company in Montana with a $1 Million Revolving Credit Facility
    September 24, 2019
    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 Announces New Director of Operations
    September 24, 2019
    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.
  • Moritt Hock & Hamroff Partner Leslie Berkoff Appointed by Court of Appeals for the Second Circuit to Mediator Panel
    September 24, 2019
    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 Continues Expansion, Adds Northeast Originator
    September 24, 2019
    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 Expands in Wilmington Delaware
    September 24, 2019
    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 Closes $3,000,000 Credit Facility for Transportation Company
    September 24, 2019
    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 Announces Closing of Previously Announced $84 Million Credit Facilities Through its Joint Venture Partner, Sunens Farms Inc.
    September 24, 2019
    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.
  • US Capital Global Advises on $8 Million Credit Facility for Digital Publishing Distributor
    September 24, 2019
    San Francisco-based private financial group provides financial advisory services to global digital publishing distributor.
  • Crystal Financial Agents Senior Credit Facility for CDS
    September 24, 2019
    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 Sponsors Second SPAC - Thunder Bridge Acquisition II, Ltd.
    September 24, 2019
    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 Delivers $16.5 Million Financing for Premier Fruit Company
    September 24, 2019
    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 Closes Debt and Tax Equity Financing for 218 MW Wind Farm
    September 23, 2019
    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.
  • Stenn Closes Unsecured Seven Figure Trade Finance Facility for Photographic Paper Importer in USA
    September 23, 2019
    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.
  • Northstar Announces Hiring of New Director of Distressed Acquisitions and Debt, Jonathan Smith
    September 23, 2019
    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 Announces Kevin Soles has Joined to Manage Business Development Efforts in the Northeast
    September 23, 2019
    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.
  • Maverix Metals Closes US$120 Million Credit Facility
    September 23, 2019
    Maverix would like to thank Canadian Imperial Bank of Commerce and National Bank of Canada for their continued support and confidence in the Company's business model as well as welcome The Bank of Nova Scotia as a new member to the syndicate. Maverix intends to use the Increased Facility for future royalty and stream acquisitions
  • Atlantic Risk Strengthens its European Footprint and Lands in Germany
    September 23, 2019
    Atlantic RMS the leading provider of Diligence, Workout and Collection Services to the ABL, ABS and Receivables Finance Industry, has extended its reach and presence in Germany.
  • ServisFirst Bank Announces New Commercial Banking Team for Charleston, SC and Naples, FL Markets
    September 23, 2019
    Kurt Sequer, Senior Vice President, Commercial Banking, Steve Humphreys, Senior Vice President, Commercial Banking, Brian Michel, Senior Vice President, Commercial Banking, and Christy Chumney, Assistant Relationship Manager joined the Charleston, SC location.
  • Orrick Adds Structured Finance Rising Star in London
    September 23, 2019
    Orrick announced today that structured finance lawyer Richard Hanson has joined the firm as a partner based in London. He joins from Ropes & Gray.
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