Specialist asset-based lender Ultimate Finance has increased its maximum cash flow loan size to £500,000, as part of its broader asset-based lending facility. The enhancement of the Working Capital proposition comes at a time for small and medium-sized enterprises (SMEs), which are currently navigating additional pressures and cash flow difficulties following recent budget announcements.

Provident Bank, a leading New Jersey-based financial institution, is pleased to announce the addition of Mohamed Najam as Vice President, Senior Relationship Manager with the bank’s mortgage warehouse lending team, as the bank continues to bolster its specialty lending business, specifically in the mortgage warehouse space.

Pathlight Capital LP ("Pathlight" or "Pathlight Capital") announced it has joined a $330,000,000 syndicated credit facility for Propel Holdings Inc ("Propel") in support of its CreditFresh line of business (the "credit facility"). Propel (TSX: PRL) is a fintech company facilitating access to credit for underserved consumers

On November 13, 2024, Wheels Up Experience Inc. (NYSE: UP) closed its new $332 million revolving equipment notes facility with Bank of America, and completed the acquisition of GrandView Aviation's fleet of 17 Embraer Phenom 300 and Phenom 300E aircraft, and related maintenance assets and customer programs.

Hilton Grand Vacations Inc. (NYSE:HGV) announces today the closing on an upsized $850 million revolving warehouse facility. The facility will accommodate both deeded and trust inventory including loans from legacy Bluegreen Vacations, which HGV acquired in January 2024

Spirit Airlines, Inc. ("Spirit" or the "Company") (NYSE: SAVE) today announced that it has entered into a restructuring support agreement (the "RSA") supported by a supermajority of Spirit's loyalty and convertible bondholders on the terms of a comprehensive balance sheet restructuring.

Lendscape, a leading technology provider to the global secured finance market, is excited to announce its partnership with prominent finance provider, Express Trade Capital. Through this collaboration, Express Trade Capital will leverage Lendscape’s platform to strengthen its financial operations and enhance its ability to offer flexible financial solutions, customised to the needs of each client.

CareMax, Inc. (NASDAQ: CMAX; CMAXW) (“CareMax” or the “Company”), a leading technology-enabled value-based care delivery system, today announced it has entered into an agreement to sell its management services organization and also announced a sale process for the Company’s core centers’ assets (collectively, the “Sale Transactions”).

T-Max Lending LLC, a California-based nationwide direct lender, has successfully closed a $23 million refinance and construction loan for a mixed-use development project in Tampa Bay, Florida. The deal adds to T-Max Lending’s record-breaking loan volume in 2024, bringing its total financing for the year to an impressive $371 million.

AlixPartners, the global consulting firm, is announcing today that it is expanding its German Turnaround and Restructuring Services practice, with the addition of a highly respected expert in carve-outs and restructurings featuring complex human resources elements. Tom Gellrich joins the firm from Roland Berger as a Partner & Managing Director in the AlixPartners Munich office.

Dorsey & Whitney LLP has named 16 new partners to the Firm, effective January 1, 2025.

Cambridge Wilkinson ("CW") is pleased to announce the closing of a $215 million senior lender finance credit facility to a lender who specializes in providing secured HELOC mortgages to residential real estate customers.

Stellus Capital Management, LLC ("Stellus"), alongside its affiliates, provided senior debt financing to support the acquisition of Norplex Micarta ("Company") from Industrial Dielectrics Holdings, Inc. by Hidden Harbor Capital Partners ("Hidden Harbor").

Global professional services firm Alvarez & Marsal (A&M) announces the addition of Elan Ben-Avi as a Managing Director in its North American Commercial Restructuring (NACR) practice. Mr. Ben-Avi’s arrival underscores the practice’s ongoing talent investments, and enhances the firm’s ability to help clients navigate restructuring challenges amid economic volatility and evolving market conditions.

Alector, Inc. (Nasdaq: ALEC), a clinical-stage biotechnology company pioneering immuno-neurology, today announced that the Company has entered into a debt financing agreement with Hercules Capital, Inc. (NYSE: HTGC) for up to $50 million.

Heron Finance, a technology-first SEC-registered investment advisor, today announced the launch of its groundbreaking Heron Personalized Private Credit portfolio. This innovative investment solution provides accredited U.S. investors with unprecedented access to the growing private credit asset class.

Lighthouse Financial Corp. is pleased to announce the completion of a $4,000,000 Revolving Line of Credit to a South Carolina-based manufacturer and distributor of lighting fixtures.

SSG Capital Advisors, LLC (“SSG”) served as the investment banker to Trugman-Nash, LLC (“Trugman-Nash” or the “Company”), a subsidiary of Allied Dairy Products, Inc., in the sale of 100% of its equity ownership interests to Arthur Schuman, Inc. d/b/a Schuman Cheese. The transaction closed in October 2024.

Vesper Energy is pleased to announce the successful refinancing of its Letter of Credit Facility (the "LC Facility") with Macquarie Group ("Macquarie") and ICBC Standard Bank Plc ("ICBCS"). The facility, led and arranged by Macquarie's Commodities and Global Markets business, now includes a new $50 million revolving credit component designed to support Vesper Energy's growth and provide operational flexibility in developing renewable energy projects.

TAB Bank announces it has provided a $5 million credit facility to CoreCentric Solutions, Inc., a provider of recovery, repair and return-to-market services for appliances, appliance parts and consumer goods. This financing will support CoreCentric Solutions’ mission to reduce waste by keeping appliance parts and consumer products in the economy—inventing new ways to extend the lifecycle of products by collecting, rebuilding, fixing and returning them to the marketplace.