Recent transactions include a $150 million inventory financing facility with a leading automotive company with approximately $5 billion in revenue and a $60 million accounts receivables financing facility with a private equity sponsor-backed healthcare company with accounts receivables from Medicare, Medicaid and other investment grade health insurance companies

Evolution Credit Partners Management ("Evolution" or the "Firm), an alternative credit firm with approximately $3 billion in assets under management, announced today the close of two new trade finance facilities to add to its growing trade finance portfolio of ~$1.5 billion in total volume since inception.

First Citizens Bank today announced that CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management, LLC, provided $85 million in financing to CVB Inc.

Kimbell Royalty Partners, LP (NYSE: KRP) ("Kimbell" or the "Company"), a leading owner of oil and natural gas mineral and royalty interests in more than 127,000 gross wells across 28 states, today is pleased to announce an increase of the borrowing base and total commitments under the Company's revolving credit facility.

Carrie Goldfeder, a seasoned credit executive with over 25 years of credit and corporate finance experience across all facets of loan production, credit performance and portfolio management, has joined Old National Bank, the wholly-owned banking subsidiary of Old National Bancorp (“Old National”), as Chief Credit Officer. She will office out of Chicago.

Capstone Partners has released its 2023 Middle Market Business Owners Survey Report, with insights from privately-owned companies across the U.S. This report combines Capstone’s in-depth middle market knowledge with proprietary data obtained from 435 participating owners of privately held, middle market companies.

Oak Hill Advisors ("OHA") served as a Lead Arranger for the acquisition financing to support Thoma Bravo's $1.8 billion take-private of NextGen Healthcare, Inc. ("NextGen Healthcare"), a leading provider of cloud-based healthcare technology solutions to ambulatory providers. The transaction was financed with a unitranche term loan and revolving credit facility.

Commercial Finance Partners is pleased to announce the hiring of Karen Small as Senior Business Development Officer for the Midwest Region. With over 25 years of experience in financial services, Karen has worked as a Field Examiner for Michigan National Bank, founded an auditing consulting company, and founded Sterling Commercial Credit, a financial services provider.

LSQ, a leading provider of working capital and payments management solutions, recently originated a $1 million credit facility for QualDoc, a Richmond, Virginia-based staffing firm. The new facility builds on an existing relationship between LSQ and QualDoc; the company is a long-time user of Qwil powered by LSQ, an integrated payroll finance solution that serves staffing suppliers across numerous industries.

Raymond (Ray) Chun becomes Group Head, Canadian Personal Banking. Tim Wiggan appointed Group Head, Wealth Management and Insurance. Michael Rhodes to leave TD for an outside opportunity.

In June, SFNet was successful in getting an amendment to the California Commercial Finance Disclosure Law granting lenders a safe harbor (which goes into effect on January 1, 2024) in the event that estimates are made in good faith, but do not match the borrower’s actual subsequent experience.

Kirkland & Ellis advised Brookfield, as the majority shareholder of the Schoeller Allibert Group, a European market leader of returnable industrial plastic packaging solutions, in relation to its successful comprehensive recapitalisation effective 7 December 2023.

Dorel Industries Inc. (TSX: DII.B, DII.A) today announced that it has entered into a new US$88 million senior secured term-loan credit agreement with a group of lenders led by First Eagle Investments, as lead arranger and sole bookrunner, and administrative agent.

A new survey on mergers and acquisitions (M&A) disputes from Grant Thornton LLP, one of America’s largest audit, tax and advisory firms, revealed that dispute activity has increased — along with an increase in overall deal volume.

First Citizens Bank today announced that its Healthcare Finance business served as joint lead arranger and joint bookrunner on financing for The Halifax Group's acquisition of the Worldwide Home Care division of Sodexo, a global home care services platform for personal and complex services for seniors and individuals with disabilities or chronic conditions.

The Mobile Repair Team (MRT), is a specialist aviation company that focuses on the structural repairs of corporate aircraft worldwide. Having successfully secured a $1,250,000 factoring facility with Marco this will enable the MRT to further grow their capacity to support both existing and new customers in this dynamic and growing industry.

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), announced today that the lessor entered into its inaugural Sustainability Linked Loan (“SLL”) on December 1, 2023, anchored with a $625 million syndicated term loan facility.

Sidley represented Durango Permian LLC, a portfolio company majority owned by funds managed by Morgan Stanley Energy Partners, in a senior secured credit facility valued at US$325 million. Durango Permian LLC is a subsidiary of Durango Midstream, a leading natural gas gathering, processing, and marketing company providing world-class midstream services to oil and gas producers.

Sunlight Financial Holdings Inc. (“Sunlight Financial”, “Sunlight” or the “Company”), a technology-enabled point-of-sale finance company, today announced that it has successfully completed its Chapter 11 restructuring process and emerges as a stronger company with a clear vision for the future.

Merchant Growth, a leading provider of financing for small businesses, is proud to announce a $300 million forward flow facility provided by funds managed by affiliates of Fortress Investment Group LLC ("Fortress") with Raymond James serving as the financial advisor to Merchant Growth Ltd.