Huntington Business Credit closed $99,000,000 in new credit facilities with Lumbermen’s Inc. on June 25, 2024. Proceeds of the facility were used to refinance existing debt and provide ongoing working capital financing.

Global consulting firm AlixPartners today announced the findings of its 19th Annual Turnaround and Transformation Survey, which reveal that the world’s leading turnaround executives continue to see the high cost of borrowing as a major factor driving company distress and restructuring activity.

First Citizens Bank today announced that CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management LLC, provided a $40 million revolving credit facility to B&W Fiber Glass Inc., a distributor of fiber glass and manufacturer of technical textile fiberglass and reinforcement materials.

Blue Owl Capital Inc. ("Blue Owl") (NYSE: OWL), a leading alternative asset manager, announced today it has entered into a definitive agreement to acquire the business of alternative credit manager Atalaya Capital Management LP ("Atalaya") for $450 million.

As a home décor and fragrance company entered its peak season, it needed extra working capital to pay suppliers for the anticipated increase in demand. However, they struggled to find a financing option that could meet the intercreditor requirements of their asset-based lender.

Founded in 1978, Flatbay Capital's client is a Texas-based mechanical contracting firm that offers equipment and services to bulk liquid storage terminals and the pipeline industry.

Gordon Brothers, the global asset experts, has expanded the firm’s leasing and lending teams. As part of this expansion, Elijah Kaplan, Managing Director, Lending, and Steve Sanders, Managing Director, Equipment Finance, Eastern Region, have recently joined Gordon Brothers to continue to support the firm’s growth.

Texas-based Lone Star Pipe Services, LLC, is a family-owned and operated business specializing in industrial coatings. They offer a wide range of services, including a range of coatings, pipe restoration, repairs and storage. A start-up company, the principal had worked for a pipe coating company that was a previous nFusion Capital client.

Omni Fiber, a regional Fiber Internet Service Provider with operations in over 25 markets in Ohio and Pennsylvania backed by Oak Hill Capital, today announced the closing of $150 million in debt financing from Stonepeak Credit.

Webster Financial Corporation (NYSE: WBS) (“Webster” or “the Company”), the holding company, for Webster Bank, N.A., (the “Bank”) announced its Board of Directors approved both the appointment of William (Neal) Holland, as Executive Vice President, Finance of both the Company and the Bank, and the election of William (Bill) Haas, as a new non-management member of the Board of Directors of the Company and the Bank.

Leeward Renewable Energy (LRE), a leading renewable energy company, today announced the closing of its $1.25 billion construction warehouse facility (“Construction Warehouse”), marking a significant scaling of its financing capacity to support continued investments in its rapidly growing operating portfolio

Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of diversified financial solutions to growth-oriented companies, today announced the commitment of $15 million in growth capital to Velentium, a professional engineering firm that specializes in the design and manufacture of innovative medical devices.

Grant Thornton, one of America’s largest brands for audit, assurance, tax, and advisory services, has named Lawrence Griff to lead the firm’s Retail industry practice and Kelly Schindler to head up its Manufacturing industry practice.

8x8, Inc. (NASDAQ: EGHT) (the “Company” or “8x8”), a leading integrated cloud contact center and unified communications platform provider, today announced that it has secured a new $200 million Delayed Draw Term Loan Credit Facility (the “Delayed Draw Term Loan” or “Credit Agreement”).

United Capital Funding Group LLC, a Florida-based factoring firm completed 7 transactions totaling $11.7 million in accounts receivable financing.

United Capital Funding Group, LLC, a Florida-based factoring firm completed 7 transactions totaling $11.7 million in accounts receivable financing.

United Capital Funding Group, LLC, a Florida-based factoring firm completed 7 transactions totaling $11.7 million in accounts receivable financing.

United Capital Funding Group, LLC, a Florida-based factoring firm completed 7 transactions totaling $11.7 million in accounts receivable financing.

United Capital Funding Group, LLC, a Florida-based factoring firm completed 7 transactions totaling $11.7 million in accounts receivable financing.

United Capital Funding Group LLC, a Florida-based factoring firm completed 7 transactions totaling $11.7 million in accounts receivable financing.