Elme Communities (NYSE: ELME), a multifamily owner and operator, announced today that it has entered into a new $500 million credit facility to replace the prior revolving credit facility which had been due to mature in August 2025.

TD Bank, America’s Most Convenient Bank®, announced it has appointed Steve Moroney as its Commercial Market President for Connecticut and Rhode Island. Moroney is based in New Haven, Connecticut.

Auramet International, Inc. (“Auramet”), a leading precious metals merchant, is pleased to announce that it has closed a $300 million syndicated revolving credit facility (the “Facility”) led by Macquarie Group (“Macquarie”). Macquarie acted as Mandated Lead Arranger, Bookrunner and Administrative Agent for the Facility, which was well oversubscribed.

Star Mountain Capital, LLC (“Star Mountain”), a specialized investment manager with over $4.0 billion in assets under management (committed capital including debt facilities as of 6/30/2024) focused on generating defensive and premium yield and total returns from the less efficient and resources-intensive market of U.S. private small and medium-sized businesses (the “lower middle-market”), is pleased to announce that Curtis Glovier has increased his involvement with Star Mountain from a Senior Advisor to a full-time role of Managing Director and Strategic Portfolio Officer.

ABN AMRO has appointed Barbara Stam as CEO of ABN AMRO Asset Based Finance (ABF), the company said in a statement. Stam’s background, experience, and career achievements mean she is well-positioned to lead ABF into the future.

BRG today announced that Jeff Stern has joined the firm as a managing director in its Corporate Finance practice based in the New York City office, further expanding the firm’s lender advisory and turnaround and restructuring services.

A Tiger Group auction on July 23 features late-model, state-of-the-art equipment that is excess to the ongoing operations of a renewable energy technology company.

Factoring deals include: $8,500,000 credit facility awarded to a federal government contractor providing education and training support; $1,000,000 credit facility awarded to a Texas-based detergent manufacturing company; $750,000 credit facility awarded to a Georgia-based temporary staffing firm.

Global law firm Greenberg Traurig, LLP has expanded its Corporate, Investment Management, and Financial Regulatory & Compliance practices with the addition of two in-house counsels from major investment firms. Shareholder Patrick J. Kassen joins from Blackstone, where he most recently served as general counsel of their portfolio company Link Logistics and previously served as managing director and chief compliance officer of Blackstone Real Estate.

Provident Bank, a leading New Jersey-based financial institution, is pleased to announce that Vik Venkataraman has joined the organization as a Senior Relationship Manager to lead Provident’s expansion in the middle-market healthcare services space.

Single Point Capital, a Houston-based provider of factoring and transportation solutions, proudly announces the promotion of Jonathan Leopold to President. This honor recognizes Jonathan’s exceptional dedication and hard work over the years.

Middle market private companies in the Golub Capital Altman Index grew earnings by 11% during the first two months of the second quarter of 2024. Revenue grew 7% during the same period.

Sound Point Meridian Capital, Inc. (NYSE: SPMC), a closed-end management investment company that has registered as an investment company under the Investment Company Act of 1940, as amended (the “Company”), today announced that it has entered into a $100 million “net asset value” revolving credit facility with Canadian Imperial Bank of Commerce (“CIBC”), as a lender and administrative agent, which may be increased up to $125 million pursuant to the terms thereof (the “CIBC Credit Facility”).

Seaweed Bath Co., a pioneering brand in ocean-inspired personal care products, has announced the strategic acquisition of Andalou Naturals and Mineral Fusion, prominent names in natural skincare and cosmetics. These renowned brands, known for their innovative approaches in fruit stem cell science and natural cosmetics respectively, are widely available across major retailers nationwide, including Whole Foods Market, Amazon, and Sprouts Farmers Market.

eCapital Corp. (“eCapital”), a leading tech-enabled finance provider for middle-market businesses in North America and the U.K., has successfully facilitated a $3 million confidential factoring line of credit for a consortium of companies providing critical services to the mining sector across Canada. This strategic financing initiative highlights eCapital’s expertise in supporting businesses in turnaround and recovery.

Sunwest Bank is delighted to welcome Robert Faver as their new Executive Vice President, Managing Director of Commercial Banking. In this pivotal role, Faver will steer the commercial lending and sales platform of the Bank across multiple states and divisions.

O2 Sponsor Finance, a division of Old Second National Bank (NASDAQ:OSBC), today announced that it provided senior secured credit facilities to support Encore Consumer Capital ("Encore") in its acquisition of Chalet Desserts ("Chalet").

Repay Holdings Corporation (NASDAQ: RPAY) (“REPAY” or the “Company”), a leading provider of integrated payment processing solutions, today announced the closing of an undrawn $250 million senior secured revolving credit facility. The revolving credit facility renews and expands the Company’s prior undrawn $185 million senior secured revolving credit facility.

Aequum Capital is pleased to announce it recently provided $6.25 million in aggregate credit facilities to a producer of high-quality maple syrup products specializing in blending, bottling, and packaging for the hospitality and foodservice industries.

IDB Bank (“IDB”), a New York-based private and commercial bank, has provided a working capital facility to Franklin Capital to benefit the firm’s operating cash flow amid strategic expansion. Serving as the Sole Lender, the deal signals the Bank’s continued lending activity through its national Asset-Based Lending and Factoring division, empowered by its specialty financing capabilities within the lower-middle market.