Pacific Western Bank is pleased to announce the addition of seven experienced venture banking team members to broaden its coverage of the venture capital community.

Business Capital (BizCap) structured and delivered a multi-tranche credit facility, inclusive of an equipment term loan, for Everett Graphics, Inc. (EGI) and a revolving line of credit for its subsidiary, Tahoe Paperboard, which supplies EGI and other packing companies with custom sheeted paperboard.

The accounts receivable and inventory facility will be used to provide additional working capital to support its sales and marketing plan.

Headquartered in San Francisco, US Capital Global provides sophisticated debt, equity, and investment products to lower middle market companies and investors.

The funding consisted of a $750,000 revolving line of credit to company that serves property managers in making vacant rental housing ready for new tenants and a $1,500,000 line of credit to an emerging manufacturer of medical devices.

This new agreement, which materialized earlier in the day, replaces the previously announced $75 million agreement with affiliates of Hilco Global and the Gordon Brothers Group and will refinance all of Barneys New York's existing secured indebtedness.

In this position, Mattoon will oversee small business banking services and offerings across the OneWest branch network spanning from San Diego to Ventura County. He will report to OneWest's Head of Retail Branch Banking, Heather Ellison.

King Trade Capital (“KTC”) is pleased to announce the completion of a $2MM purchase order facility for a fragrance company based in New York (the “Client”).

PNC Bank, National Association, announced today the closing of a $235 million senior secured credit facility to support New York-based KPS Capital Partners’ (KPS) acquisition of Life Fitness (the company).

Tiger Group will be conducting an online auction on August 20 of assets from a pristine, late-model screen printing operation owned by Castle Shirt Co., which is relocating from Kernersville.

Gateway Trade Funding, a PO and Trade Financing company, is happy to announce that it recently completed purchase order transactions.

Pure Gold Mining Inc. (TSX-V: PGM, LSE: PUR) (“Pure Gold” or the “Company”) is pleased to announce closing of a US$90 million project financing package (the “Financing”) with Sprott Resource Lending Corp. (“Sprott”).

Halcón Resources Corporation (OTC PINK: HKRS) (“Halcón” or the “Company”) and its subsidiaries today announced that they filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Texas.

ObsEva SA (NASDAQ: OBSV / SIX: OBSN), a Swiss clinical-stage biopharmaceutical company focused on the development and commercialization of novel therapeutics for serious conditions that compromise a woman’s reproductive health and pregnancy, today announced the closing of a $75 million senior secured credit facility with Oxford Finance LLC, a specialty finance firm that provides senior debt to life sciences and healthcare services companies.

TAB Bank is pleased to announce it has provided a $10 million asset-based revolving credit facility for a drone manufacturing company located in California. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs.

Artis Trade Systems (“Artis”) announces it added another client to ArtisPay©, Artis’ supply chain finance (SCF) software platform. On July 29th, Artis entered into an agreement with an independent lender based in Florida.

Leading full service residential solar provider announces lender commitment to warehouse debt facility to fund continued growth.

Capital to Fuel Company's New Business Growth Endeavors

The credit facilities provide financing for a strategic acquisition and will provide working capital for the company going forward.