VSS Capital Partners (“VSS”), a private investment firm investing in the healthcare, business services and education industries, today announced the addition of Eric Kim as Principal and Sai Parepally as Vice President, respectively. Leveraging their experience in the healthcare, IT, and financial services sectors, the executives will work collaboratively with VSS’ investment professionals to source new transactions, perform due diligence and support portfolio company management teams.

Inozyme Pharma, Inc. (Nasdaq: INZY), a clinical-stage rare disease biopharmaceutical company developing novel therapeutics for the treatment of abnormal mineralization, today announced that it has entered into a debt financing facility for up to $70 million with K2 HealthVentures (K2HV), a healthcare-focused specialty finance company.

Versana announced that industry veteran David Kamp has joined the firm as Chief Technology Officer (CTO). In this role, Kamp is responsible for Versana's technology strategy, while building and managing its engineering and development teams. Versana is building a leading-edge, centralized syndicated loan platform that will digitally connect agent banks and institutional lenders on a real-time basis, bringing unprecedented data quality, transparency, and velocity to this $5 trillion market.

ay Point Advisors, LLC has provided a $31.4 million loan to Kirkland Development to finance the opening of an eight-story, 138 room waterfront Hotel Indigo in Vancouver, WA. The hotel will feature an indoor atrium with a glass ceiling, the city’s first rooftop bar, two restaurants (El Gaucho and 13 Coins), a coffee shop, and the Vancouver Waterfront District’s first liquor store.

Amerisource Business Capital announced the closing and funding of a $3,500,000 real estate term loan facility for a Texas-based electrical services firm. The proceeds were used to provide working capital for the company’s growth.

Fifth Third Bank, National Association, has announced that Mark Hoppe, Chicago region president, plans to retire at the end of the year following a distinguished 45-year career in the banking industry. Mark Heckler, senior commercial banker, will succeed him.

Red Mountain Capital Partners LLC (“Red Mountain”) today announced the launch of Red Mountain Capital Advisors LLC (“RMCA”) and Red Mountain Securities LLC (“RMS”), an investment banking platform focused exclusively on providing advisory services for middle market public and private companies and their owners.

Stellus Capital Management, LLC (“Stellus”) announced today that its affiliates provided senior debt financing and an equity co-investment in support of Bansk Group’s (“Bansk”) acquisition of amika and Eva NYC, two of the fastest-growing scaled independent haircare brands in the U.S.

Truist Financial Corporation (NYSE: TFC) today announced that Dominica Groom Williams will join the company as head of diversity, equity and inclusion (DEI), effective today. Groom Williams will be responsible for leading bank-wide strategic inclusion and diversity initiatives, reporting to Chief Teammate Officer and Head of Enterprise Diversity Kimberly Moore-Wright.

White Oak Global Advisors LLC (“White Oak”) announced today it has provided a senior credit facility to Prime Plastic Surgery & Med Spa (“Prime”), a healthcare partnership comprised of the country’s leading board-certified aesthetic surgery practices. Proceeds will be used to fuel future acquisitions and scale up existing operations and facilities.

Tradewind Finance has closed USD 500,000 in funding for a manufacturer of workwear and linens based in Lahore, Pakistan. The company exports to Europe, the UK, and the United States. From chef jackets to medical scrubs, the company is invested in producing quality, comfortable attire for a range of frontline professions. With more than two decades in operation, it also has a stake in the region’s huge home textiles industry as a manufacturer of bed linens and towels.

Nicholas J. Pittas, most recently senior vice president and the industry leader for Defense Contracting and Government Services with TBK Bank, SSB, a subsidiary of Triumph Bancorp, Inc., has joined United Capital Funding, a wholly owned subsidiary of Gulf Coast Bank & Trust Company, as the national sales manager.

SPECTRUM Commercial Services opens new sales office in Phoenix, AZ and adds new Vice President, Pamela McConlogue. Pam joins SPECTRUM Commercial Services Company (spectrumcommercial.com), bringing over 20 years of experience in commercial banking, factoring and asset based lending. Her track record of success working with commercial lenders, consultants and business owners make her an excellent fit as SPECTRUM expands into Phoenix and surrounding markets.

eCapital Corp. (“eCapital”), a leading alternative finance provider in North America and the U.K., has showcased its commitment to providing faster and more flexible payroll funding solutions to staffing companies by issuing over $53MM in new and increased facilities as of June 2022.

TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) (the “Company,” "TPVG," “we,” “us,” or “our”), the leading financing provider to venture growth stage companies backed by a select group of venture capital firms in technology and other high growth industries, today announced it has entered into an amendment to its revolving credit facility.

reveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) (the "Company" or "PreveCeutical"), announces that it has entered into a $3 million credit facility agreement with the Company's Chief Executive Officer and Chair, Stephen Van Deventer, and the Company's former President and director, Kimberly Van Deventer (collectively, the "Lenders").

Envision Healthcare, a leading national medical group, today announced that it closed the first phase of a refinancing transaction with a majority of its first lien term loan lenders and, separately, consummated a refinancing transaction with its revolving lenders.

NowVertical Group Inc., a big data, analytics and vertical intelligence (“VI”) software and services company, today announced that it has completed its previously announced acquisition of 100% of the issued and outstanding securities of Resonant Analytics, LLC, a USA-based guided solutions analytics firm. Concurrent with the closing of the Acquisition, NOW secured a credit facility with US-based MVB Bank.

Commercial Finance Partners is pleased to announce the expansion of the Employee Retention Funding Program that started in late 2021. Commercial Finance has facilitated financing for over $30,000,000 of credits to date and is now expanding the program to improve upon previously constrained size limitations and underwriting timelines.

The RCF is with Canadian Imperial Bank of Commerce (Co-Lead Arranger, Joint Bookrunner and Administrative Agent), The Bank of Nova Scotia (Co-Lead Arranger and Joint Bookrunner and Syndication Agent), ING Capital LLC (Co-Lead Arranger and Joint Bookrunner), National Bank of Canada (Joint Documentation Agent), Wells Fargo Bank, N.A., Canadian Branch (Joint Documentation Agent), Citibank N.A., Bank of Montreal and Royal Bank of Canada.