Solifi™, a global fintech software partner for secured finance, announced that Mountain Ridge Capital (MRC) selected and recently deployed Solifi’s asset-based lending (ABL) software solution. A start-up ABL independent with seasoned finance executives and rapid growth projections, MRC is partnering with Solifi because of its technology platform, industry knowledge, fast implementation, and the ability to scale in line with their growth targets.

Stonebriar Commercial Finance (“Stonebriar”) today announced the closing of a $77 million TRAC lease with a premier long-haul waste transportation provider serving a broad range of commercial waste management companies. The lease refinanced their entire fleet of tractors, trailers, and other related equipment.

InterNex Capital announced it provided a $3.5 million line of credit to an 18-year-old management company focused on remodeling and renovating multifamily homes. The company sought a more flexible lending partner as incumbent bank lender constrained liquidity with excess covenants and restricted eligibility.

STEP Energy Services Ltd. (TSX:STEP) (“STEP” or the “Company”) is pleased to provide an update on its credit agreement. STEP has entered into an agreement with a syndicate of Canadian banks which amends and extends its credit agreement.

Service 1st Financial, LLC ("Service 1st" or the "Company") announced today that Forbright Bank ("Forbright") has provided a senior debt facility to support continued growth of the Company's Premier Program®. The Premier Program is a worry-free service for homeowners to replace and upgrade their heating, cooling, plumbing, and back-up power systems for a low monthly payment, while eliminating the common pain points associated with owning, maintaining, and repairing such systems.

TAB Bank is pleased to announce it has provided a refueling equipment manufacturer in Kansas with a $2 million asset-based credit facility. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs.

Sound Point Capital Management (“Sound Point”) is pleased to announce that it provided an Accounts Receivable Facility for Dura Automotive (“Dura” or the “Company”), a global designer and manufacturer of highly engineered automotive systems and portfolio company of MiddleGround Capital (“MiddleGround” or the “Sponsor”).

Runway Growth Capital LLC announced today that it has hired Jeff Goldrich as Managing Director, Technology. Goldrich's experience covers dozens of relationships across a range of company sizes ($1MM-100M+ of revenue); stages (early development, growth, and mature); industry verticals (FinTech, Healthcare IT, PropTech, and MarTech, among others); ownership structures (bootstrapped, family office owned, and VC and PE-backed); and transaction types (growth capital, working capital, M&A, and recaps, among others)

VSS Capital Partners (“VSS”), a private investment firm investing in healthcare, business services and education, today announced the addition of W. Preston Hutchings as Senior Advisor. Leveraging his three decades of senior insurance, investment management and executive leadership experience, Mr. Hutchings will provide strategic guidance and work closely with VSS’s team in this role.

Horizon Technology Finance Corporation, a leading specialty finance company along with lending partner Trinity Capital Inc., a leading provider of debt and equipment financing to growth stage companies, announced today that they provided an additional $20 million venture loan to Nexii Building Solutions Inc., a green construction company that designs and manufactures low carbon buildings and products.

Golub Capital BDC, Inc. ("GBDC") (Nasdaq: GBDC, www.golubcapitalbdc.com), a business development company, today announced that it originated $449.6 million in new middle-market investment commitments during the three months ended June 30, 2022. Approximately 93% of the new middle-market investment commitments were one stop loans, 2% were senior secured loans and 5% were equity and other securities.

William Blair, a boutique with expertise in investment banking, has hired Gage Alpert as a director of the private capital advisory investment banking practice. Mr. Alpert will work with clients on secondary solutions and direct equity capital-raising.

Stellus Capital Management, LLC (“Stellus”), a leader in middle market direct lending, announced today that its affiliates provided senior debt financing and an equity co-investment to support Blue Sage Capital’s (“Blue Sage”) acquisition of Baker Manufacturing Company, LLC (“Baker” or the “Company”).

First Eagle Alternative Credit, the alternative credit platform of First Eagle Investments, today announced that it has provided a $20 million term loan to Nicole Miller, a global fashion and lifestyle brand. The term loan will help finance the company's initiatives to partner with its licensees to build the brand's e-commerce presence and develop strategic relationships.

KKR, a leading global investment firm, today announced the final close of KKR Asset-Based Finance Partners (“ABFP” or the “Fund”), KKR’s first fund dedicated to asset-based finance investments “ABF.” The approximately $2.1 billion fund will commit capital globally to privately originated and negotiated credit investments that are backed by large and diversified pools of financial and hard assets, with attractive risk-adjusted returns.

Republic Business Credit provided a $3.5 million asset-based loan facility secured by accounts receivables, inventory and equipment that refinanced the company’s incumbent bank lender while providing significantly more borrowing base liquidity at closing. The company closed the senior debt facility with Republic during the third quarter of 2021 and has outperformed its budget every month since closing.

Pure Gold Mining Inc. (TSX-V:PGM, LSE:PUR) (“PureGold” or the “Company”), today announced the finalization of several agreements (“Agreements”) with its lending partner, a fund managed by Sprott Resource Lending Corp. (“Sprott”), including a new debt repayment schedule to enhance the Company’s liquidity and provide financial flexibility.

The Merchant Opportunities Fund, a Vancouver-based private debt fund focused on investing in specialty finance portfolios, today announced that it has increased its revolving debt facility with the Bank of Montreal ("BMO"). The facility now consists of a $27.5 million funding commitment with a two-year term along with a $12.5 million accordion.

As part of its effort to boost balance-sheet flexibility, Crown Castle International Corp. CCI recently raised the commitments under its senior unsecured revolving credit facility by $2.0 billion. It has also increased the maturity of the entire credit facility to July 2027. Now, Crown Castle’s credit facility comprises a $7.0 billion senior unsecured revolving credit facility and a $1.2 billion senior unsecured term loan A facility.

Iron Horse Credit (“IHC”), a leading inventory lender, is pleased to announce the closing of a $2,000,000 stand-alone inventory revolving line of credit to a CBD wellness retailer. The company’s online presence has been rapidly growing since 2017 and most recently, embarking on wholesale distribution. Facing federal regulations and difficulties obtaining traditional banking relationships, the company was referred to IHC through a preferred lender’s network.