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Tree Buckingham Joins nFusion Capital as EVP Head of Asset Based Lending
nFusion Capital announced that Tree Buckingham has joined their team as EVP Head of Asset Based Lending. Buckingham is responsible for spearheading the strategic expansion of the Asset Based Lending division.
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The Pursuit of Happiness: How Robyn Barrett created a woman-owned empire in the factoring space while staying true to who she is
Robyn Barrett is the SVP, managing director of Oxford Commercial Finance (“OCF”). OCF offers factoring and asset-based lending lines of credit to small to mid-sized to access the capital needed to grow.
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Jared Talisman Joins Colbeck Capital as Managing Director and Head of Originations
May 7, 2024Colbeck Capital Management (“Colbeck”), a leading, middle-market private credit manager focused on strategic lending, today announced that Jared Talisman has joined the firm as a Managing Director and Head of Originations. Mr. Talisman most recently served as a Managing Director at Principal Alternative Credit, where he led and managed the sourcing, structuring, and due diligence of non-sponsored private credit investments.
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PNC, TCW Partner To Expand Capabilities, Create Private Credit Platform
May 7, 2024The PNC Financial Services Group, Inc. ("PNC"), one of the largest diversified financial institutions in the U.S., and the TCW Group, Inc. ("TCW"), a leading global asset manager, today announced they are partnering to deliver private credit solutions to middle market companies.
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Legacy Corporate Lending Provides $30 Million Asset-Based Credit Facility to The Barton Group
May 7, 2024Legacy Corporate Lending, LLC (“Legacy”), a leading independent asset-based lending (ABL) company, today announced that it provided a $30 million asset-based credit facility to The Barton Group (“Barton” or the “Company”), a family-owned company that has produced the world’s highest-quality garnet abrasives for seven generations.
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Genesis Energy, L.P. Announces Public Offering of Senior Notes
May 6, 2024Genesis Energy, L.P. (NYSE: GEL) today announced the commencement, subject to market and other conditions, of a registered, underwritten public offering of $500,000,000 in aggregate principal amount of senior unsecured notes due 2032 (the “notes”).
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Uniti Group Inc. Announces Private Offering of Senior Secured Notes
May 6, 2024Uniti Group Inc. (the “Company,” “Uniti,” or “we”) (Nasdaq: UNIT) today announced that its subsidiaries, Uniti Group LP, Uniti Fiber Holdings Inc., Uniti Group Finance 2019 Inc. and CSL Capital, LLC (together, the “issuers”), announced today the planned offering, subject to market and other conditions, of $300 million aggregate principal amount of 10.50% Senior Secured Notes due 2028 (the “notes”).
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Scout Clean Energy Closes $100 Million Equipment Supply Loan
May 6, 2024Scout Clean Energy, a Colorado-based renewable energy developer, owner, and operator, is pleased to announce the closing of a $100 million equipment supply loan (ESL) with Rabobank.
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FGI T.R.U.S.T.™ and Validis to Partner
May 6, 2024FGI Worldwide LLC (“FGI”), a global leader in commercial finance, and Validis, the open accounting API, have partnered to integrate their respective credit management and data extraction platforms.
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BizCap® Fuels Quady Winery's Growth with $17MM Financing Package
May 6, 2024BizCap®, a commercial finance firm established in 2002, is proud to announce its successful collaboration with Quady Winery, a family-owned operation in Central Valley, CA, renowned for affordable Muscat grape-based fortified and sweet wines that are sold throughout the U.S. Among
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Maxim Commercial Capital Promotes Fernando Rodriguez to Director - Vendor Sales
May 6, 2024Maxim Commercial Capital (“Maxim”) announced Fernando Rodriguez has been promoted to Director – Vendor Sales. In this role, Rodriguez manages vendor relationships, business origination, and sales for Maxim’s Truck and Equipment Financing divisions.
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Kathleen O. Currey Elected as a Fellow to the American College of Commercial Finance Lawyers
May 6, 2024Commercial Finance Partner Kathleen O. Currey has been inducted into the American College of Commercial Finance Lawyers (“ACCFL”) at their annual meeting on April 5, 2024. ACCFL Fellows are lawyers who have achieved preeminence in the field of commercial finance law and those who have made substantial and sustained contributions to the promotion of learning and scholarship in commercial finance law, among other attributes.
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Grant Thornton Announces new Leader for its Chicago Headquarters
May 6, 2024She also served as the Audit practice leader for the Chicago office, and most recently, she was the firm’s Midwest Geography leader, overseeing audit work for all clients served by the firm’s teams in Chicago, Minneapolis and Wisconsin. In this role, she helped the firm attain multiple years of record revenues while helping clients successfully navigate the challenges posed by the COVID-19 pandemic and the supply chain crisis.
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BofA Survey: Majority of Small and Mid-Sized Business Owners Anticipate Revenue Growth This Year
May 6, 2024A majority of small and mid-sized business owners expect their revenues to increase this year, and their worries over a recession have declined substantially, according to the 2024 Bank of America Business Owner Report, conducted in partnership with Bank of America Institute.
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Comerica Bank Appoints Floyd Kessler New Executive Vice President, Chief Business Risk and Controls Officer
May 6, 2024Comerica Incorporated (NYSE: CMA) announced that Floyd Kessler has been named to the new role of Executive Vice President, Chief Business Risk and Controls Officer. Kessler will report to Peter Sefzik, Chief Banking Officer.
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Altriarch Empowers Dozens of Businesses Through Innovative Finance Strategies for Factors
May 6, 2024
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Altriarch Empowers Dozens of Businesses Through Innovative Finance Strategies for Factors
May 6, 2024
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Altriarch Empowers Dozens of Businesses Through Innovative Finance Strategies for Factors
May 6, 2024
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Ambri Agrees to Terms of Proposed Sale with Lender Consortium
May 6, 2024-Ambri, the provider of long-duration Liquid Metal™ battery storage systems, today announced that it has agreed to the terms of a stalking horse purchase agreement with a consortium of its lenders (the "Lender Consortium"), pursuant to which the Lender Consortium would acquire substantially all of the assets of the Company, subject to higher and better bids from other parties during an expedited sale process.
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Peoples Group Appoints John Landry as President and Chief Executive Officer
May 6, 2024Peoples Group takes great pleasure in announcing today the appointment of John Landry as President and Chief Executive Officer.
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EyeCare Partners Announces Refinancing Transaction Completion
May 6, 2024EyeCare Partners LLC ("EyeCare Partners", or the "Company"), the nation’s leading provider of clinically integrated eye care, announced today it has closed a follow-on debt exchange with holders of its existing term loans following an initial debt exchange closed in April.
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KKR to Acquire Healthium from Apax Funds
May 6, 2024KKR, a leading global investment firm, today announced the signing of definitive agreements under which funds managed by KKR will acquire Healthium Medtech Ltd. (“Healthium”), a leading Indian medical devices company, from an affiliate of Funds advised by Apax Partners LLP (“Apax”), a leading global private equity advisory firm.
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