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  • ALX Oncology Enters $100 Million Loan Facility Agreement with Oxford Finance and Silicon Valley Bank to Support Ongoing Development of Evorpacept
    November 1, 2022
    ALX Oncology Holdings Inc., (“ALX Oncology”) (Nasdaq: ALXO) a clinical-stage immuno-oncology company developing therapies that block the CD47 checkpoint pathway, today announced it has entered into a loan facility agreement with Oxford Finance LLC and Silicon Valley Bank for up to $100 million of non-dilutive financing. The facility will support the continued development of evorpacept, a next generation CD47 blocking therapeutic.
  • Monroe Capital Supports QHP Capital’s Acquisition of AutoCruitment
    November 1, 2022
    Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of AutoCruitment, LLC (“AutoCruitment”) by QHP Capital L.P., the management company for NovaQuest Private Equity.
  • Survey: M&A Forecast Remains Strong Despite Rising Interest Rates
    November 1, 2022
    A new Grant Thornton LLP survey of merger and acquisition (M&A) professionals finds that almost three-fourths (72%) expect deal volume to increase over the next six months, despite rising interest rates threatening access to capital and uncertainty about a potential increase in capital gains taxes. Almost two-thirds (63%) of the more than 150 respondents said pending tax legislation could have a positive impact on their deal plans.
  • SLR Healthcare ABL Provides Financing to Remote Patient Monitoring Service
    November 1, 2022
    SLR Healthcare ABL is pleased to announce that it provided financing to a remote patient monitoring service $5,000,000 asset-based revolving line of credit.
  • Yoshitsu Co., Ltd Announces New Revolving Credit Facility to Support Future Growth
    October 31, 2022
    Yoshitsu Co., Ltd (“Yoshitsu” or the “Company”) (Nasdaq: TKLF), a retailer and wholesaler of Japanese beauty and health products, as well as sundry products and other products in Japan, today announced that on September 27, 2022, the Company entered into a JPY8.15 billion (approximately US$55.82 million) revolving credit facility agreement (the “Credit Agreement”) with a syndicate of Japanese banks to support the Company’s growth initiatives.
  • William Blair Expands Investment Banking Team With Managing Director in Supply Chain and Commercial Services
    October 31, 2022
    William Blair, the premier global boutique with expertise in investment banking, investment management, and private wealth management, announced today that it has expanded its investment banking team with the addition of David Hatch. Joining in Charlotte as a managing director on the supply chain and commercial services (SCCS) team, Hatch draws on a career spanning more than 15 years focused on clients across the supply chain services sector.
  • SLR Equipment Finance Adds to its Underwriting Team with Jessi McMillen Hire
    October 31, 2022
    Jessi McMillen joined SLR Equipment Finance as Assistant Vice President - Risk. In her new role, Jessi will utilize her prior experience in credit analysis and financial services to help grow SLR Equipment Finance’s evolving financial solutions platform.
  • SG Stonegate Capital Announces Senior Debt Investment in Smith Teamaker
    October 31, 2022
    SG Stonegate Capital, a division of SG Credit Partners (“SGCP”), a family-office backed lender providing capital to lower middle market businesses and entrepreneurs, is pleased to announce the closing of a senior debt investment in Smith Teamaker, a leading U.S. brand of specialty and artisan tea products.
  • EMERGE Announces Amendment of Credit Facility
    October 31, 2022
    EMERGE Commerce Ltd. (TSXV: ECOM) ("EMERGE" or the "Company"), a diversified acquirer and operator of niche e-commerce brands, is pleased to announce that is has signed an amendment of its credit facility with its existing lender.
  • Kin Secures $145 Million in Debt Financing to Fuel Continued Growth
    October 31, 2022
    -Kin, the direct-to-consumer home insurance company built for every new normal, today announced the closing of a $145 million committed credit facility. The new facility, which was led by Runway Growth Capital LLC (“Runway”) and the Avenue Venture Opportunities Fund, L.P. ("Avenue Venture Debt Fund" or "Avenue"), provides Kin with additional capital to support the expansion of the Kin Interinsurance Network, a reciprocal exchange.
  • Cynergy Business Finance Named Asset Based Lending Team of the Year
    October 31, 2022
    After a record start for the business, Cynergy Business Finance (CBF) has been named Asset Based Lending Team of the Year at Insider’s North West Dealmakers Awards. Despite having only operated for 10 months during the qualifying period, the judges commended the exceptional growth of the business, describing it as a ‘knockout performance’ for the Manchester-based team
  • Harbor Group International Provides Senior Mezzanine Loan for Manhattan Medical Office Development
    October 31, 2022
    Harbor Group International, LLC ("HGI"), a privately-owned international real estate investment and management firm, today announced it has provided a $90 million senior mezzanine loan to Extell Development Company ("Extell") to finance the construction of 1520 First Avenue, a 30-story, 420,000 rentable square foot office building in Manhattan's Upper East Side.
  • Wainio Joins First National Bank as Senior Relationship Manager
    October 31, 2022
    First National Bank, the largest subsidiary of F.N.B. Corporation, announced this week that it has hired Richard Wainio as senior vice president and senior relationship manager for its Business Credit group, based in the Cleveland Region.
  • Fortress Investment Group Ranked 2nd Fastest-Growing Alternative Investment Brand in 2022 Alts 50 Report by Peregrine Communications
    October 31, 2022
    Fortress Investment Group LLC (“Fortress”) was ranked as the 2nd fastest-growing brand among 50 alternative investment managers included in the second edition of the Alts 50 report, published by Peregrine Communications. The report provides a qualitative and quantitative assessment of the integrated marketing and communications activities of the world’s 50 largest alternative investment managers (measured by assets under management).
  • Cambridge Savings Bank Provides Artist & Craftsman Supply with a $4 Million Revolving Line of Credit to Pursue Strategic Growth Initiatives
    October 31, 2022
    Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and $6 billion in assets, today announced that its Asset-Based Lending team provided a $4 million revolving line of credit to Artist & Craftsman Supply (A&C), a national provider of arts and crafts supplies headquartered in Portland, Maine.
  • eCapital Provides $20MM Working Capital Line of Credit to Popular Consumer Packaged Goods Company
    October 31, 2022
    eCapital Corp. (“eCapital”), a leading finance provider for businesses across North America and the U.K., today announced the recent closure of a $20 million working capital line of credit to a prominent consumer packaged goods (CPG) company in the natural odor elimination category.
  • CEOs Offer a Contrarian View Remaining Moderately Optimistic about Company Outlook
    October 31, 2022
    In the latest Fortune/Deloitte CEO Survey, CEOs share more modest growth expectations over the next 12 months, fine-tuning strategies around talent, workplace, and technology models to adapt to new conditions.
  • B. Riley Securities Expands Healthcare & Life Sciences Investment Banking
    October 31, 2022
    B. Riley Securities, Inc., a leading full service investment bank and subsidiary of B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley"), today announced it has added a team of nine experienced Healthcare and Life Sciences professionals from Huron Transaction Advisory LLC ("Huron"). Veteran investment bankers, James Metcalf and Benjamin Matz, have joined B. Riley Securities along with a team of investment banking professionals with significant expertise that further fortifies the firm's Healthcare and Life Sciences practice.
  • Solifi Selected for Great Places to Work List by The Secured Lender
    October 31, 2022
    Solifi™, a global fintech software partner for secured finance, announced The Secured Lender named Solifi to its inaugural 2022 Great Places to Work list. This recognition is testament to Solifi’s commitment in attracting and retaining talent through a range of initiatives, including an entrepreneurial company culture, competitive compensation, diversity, equity, and inclusion (DEI), work-life balance, and attractive perks.
  • Verano Refinances $350 Million Credit Facility with Significant Optionality to Bolster Strategic Growth Plans
    October 31, 2022
    Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced it has entered into a credit agreement to refinance its existing $350 million credit facility, extending the maturity date to October 30, 2026. The refinanced indebtedness bears interest at a floating rate based on the prime rate, with a current rate of 12.75% per annum.
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