TAB Bank has added Sam Cirelli as Vice President, Business Development, to strengthen the Northeast lending team. Based in New York, Cirelli has spent over 30 years as a corporate lender and advisor to small and mid-sized companies. He managed, directed, and closed more than $10 billion in loan commitments across 700 transactions in multiple industries.

In today’s competitive landscape, companies across industries are seeking ways to unlock higher productivity, employee engagement, and long-term performance. One increasingly effective and research-backed strategy is shifting from fixing weaknesses to developing strengths and helping individuals do more of what they naturally do best.

Members of SFNet’s Supply Chain Finance Committee, including Bryan Ballowe, managing partner, TradeCap Partners; Tony Brown, principal, The Trade Advisory; Alan Eliasof, CEO, Prestige Capital; Bob Grbic, founder and president, Bearbrook Corporate Advisors LLC and Megan Slovak, SVP, underwriting manager, Rosenthal Capital Group, sat down for a discussion about global trade tensions, tariff wars, factoring innovation, and supply chain risk.
    This discussion was written in anticipation of SFNet’s upcoming Supply Chain Finance Conference which will be held September 8 at Greenberg Traurig in New York City. The event will offer a more in-depth look at supply chain finance. For more information and to register, please click here.

The One Big Beautiful Bill Act signed into law by President Trump on July 4, 2025, permanently extends key provisions from the 2017 Tax Cuts and Jobs Act while introducing new measures affecting secured lenders and their borrowers. The legislation passed the Senate 51-50 with Vice President Vance casting the tie-breaking vote on July 1, followed by House approval on July 3.

ORIX Corporation USA (“ORIX USA”) and Hilco Global, a diversified global financial services firm headquartered outside of Chicago, IL, today announced that they have entered into a definitive agreement (the “Agreement”) under which ORIX USA will acquire a majority equity ownership of Hilco Global. The proposed transaction will accelerate ORIX USA’s growth by adding Hilco Global’s extensive valuation expertise, advisory platform, and asset-based lending investment capabilities to complement and expand ORIX USA’s middle-market focused credit platform.

Gordon Brothers, the global asset experts, has acquired SOLIC Capital Advisors (SOLIC), a premier financial advisory and investment banking firm with deep experience in realizing value recovery in complex situations.

Marius Silvasan, CEO, eCapital, discusses market position, recent acquisitions, industry trends, and the role of AI and technology in non-bank lending.