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  • GreenFirst Announces Successful Debt Refinancing
    September 27, 2022
    GreenFirst Forest Products Inc. (TSX: GFP) (“GreenFirst” or the “Company”) today announced the closing of $140 million in financing from the Bank of Montreal (“BMO”). The financing includes a $125 million asset-backed revolving credit facility and a $15 million term loan. This refinancing replaced a high yield US$90 million secured term loan and a $65 million asset-backed loan facility.
  • Crescent Energy Announces Positive Amendments to Revolving Credit Facility and Completes Secondary Equity Offering
    September 27, 2022
    Crescent Energy Company (NYSE: CRGY) ("Crescent" or the "Company") today announced amendments to its revolving credit facility (the “Credit Facility”), effective September 23, 2022. The amendments were recently approved by the 11 member banks supporting the facility and reflect the strength of the business, an outlook for substantial cash flow, growing proved reserves and a strong balance sheet.
  • Gridiron Capital Promotes Hank Barrett & Kirk Wawrzyniak to Senior Associate
    September 27, 2022
    Gridiron Capital, LLC (“Gridiron Capital”), an investment firm focused on partnering with founders, entrepreneurs, and management teams, is pleased to announce that Hank Barrett and Kirk Wawrzyniak have been promoted to Senior Associate.
  • Alterna Capital Solutions Adds CXO Role as Steward for Its Best-In-Class Client Retention Rate
    September 26, 2022
    Alterna Capital Solutions (Alterna), a specialty and alternative financing lender to small businesses experiencing growth, announced today the addition of Alexander Douglas as chief experience officer (CXO). Douglas arrives following the firm’s record 2021 where 46 new clients joined the roster, including several start-ups needing an experienced and nimble financing partner.
  • Austin Financial Services Closes Recapitalization
    September 26, 2022
    Austin Financial Services, Inc. (“AFS”), a Los Angeles, CA based provider of asset-based lending solutions to small and medium sized businesses for over 40 years, closed a $115 million debt recapitalization with two lenders, lowering the company’s overall cost of capital. Proceeds from the transaction will be used to refinance existing debt and to support additional growth of the business. Hovde Group, LLC served as the company’s exclusive financial advisor and Buchalter served as legal advisor on the transaction.
  • BancPlus Corporation Announces Leadership Succession Plans
    September 26, 2022
    BancPlus Corporation, the parent company of BankPlus, announced today a leadership succession plan that positions the Company to continue driving significant growth for its customers, communities, team members, and shareholders.
  • Brightflow AI Raises $15 Million Series A, $100 Million in Debt Financing to Bridge Financial Gap for Small Business Owners
    September 26, 2022
    Brightflow AI, a financial intelligence platform that empowers small businesses to take control of their cash flow and make data-backed decisions, today announced over $19 million in total funding, a $15 million Series A led by Haymaker Ventures, and a previously unannounced $4.2 million Seed round let by Bonfire Ventures. The company also announced $100 million in debt financing available from i80 Group.
  • Enento Group Signed EUR 180 Million Syndicated Loan Agreement
    September 26, 2022
    Enento Group has today signed a new long-term financing agreement to be used for refinancing of its current financing arrangement. The financing agreement consists of a EUR 150 million long-term loan as well as a EUR 30 million revolving credit facility. The agreement is for three years and includes two one-year options for extension of the loan period.
  • Rapid Finance Announces New Brand Identity, Website, and New Business Lines
    September 26, 2022
    -Rapid Finance, a market leader in helping small businesses find sustainable and customized financing solutions through a fast and simple application process, announced updates to its corporate branding in response to accelerated company growth and strong industry adoption of its scalable, purpose-built solutions to drive efficient SMB financing and servicing.
  • Business Development Officer Joins First Internet Bank SBA Team
    September 26, 2022
    First Internet Bank announced today that Will Tinsley has joined its Small Business Administration (SBA) Lending team as Vice President, Senior Business Development Officer. His addition will further bolster First Internet Bank’s national commitment to small business.
  • BizCap® Secures $45 Million Credit Facility for Nivagen Pharamaceuticals
    September 26, 2022
    BizCap®, a national commercial finance and advisory firm, today announced it has successfully structured and secured $45 million in financing for its repeat client, Nivagen Pharmaceuticals, a specialty pharmaceuticals company engaged in the development, acquisition and sales of generic prescription drugs and over the counter products for the North American market.
  • Pinnacle Capital Finance Provides a $7.5 Million Line of Credit to a California Winery
    September 26, 2022
    Pinnacle Capital Finance is proud to announce the issuance of a $7.5MM asset-based line of credit to a Central California-based winery. The company offers a wide spectrum of different reds, whites and rose wines. This award-winning winery has many gold medal wines and boasts several 95-point wines as judged by the Wine Enthusiast. Their popular old Zinfandel wine along with their other varietals can be found in grocery stores across the United States as well as in 15 countries.
  • Winston & Strawn Represents Capital Power Corporation, John Hancock Life Insurance Company (U.S.A.), and Manulife Infrastructure Fund II
    September 26, 2022
    Winston & Strawn represented Capital Power Corporation, John Hancock Life Insurance Company (U.S.A.), and Manulife Infrastructure Fund II in connection with their acquisition of MCV Holding Company LLC which owns Midland Cogeneration Venture, a 1,633 MW gas fired combined cycle cogeneration facility located in Michigan, from OMERS Infrastructure Management Inc. and its co-investors for $894 million, including the assumption of $521 million of project level debt.
  • Eric Faust Named Senior Vice President and Chief Risk Officer of Farmers & Merchants State Bank
    September 26, 2022
    Farmers & Merchants State Bank (“F&M” or “the Company”) (NASDAQ: FMAO) announced the appointment of Eric Faust as the Senior Vice President and Chief Risk Officer (CRO). F&M also announced Benét Rupp, Chief Administrative Officer, has been promoted to Executive Vice President.
  • Amerisource Closes $2,000,000 Term Facility for Craft Brewery
    September 26, 2022
    Amerisource Business Capital announced the closing and funding of a $2,000,000 equipment term loan facility for a California-based craft beer brewery and distributor.
  • nFusion Capital Provides $5 Million ABL Facility to Commercial Flooring Company
    September 26, 2022
    The client is the largest and most trusted commercial flooring company in Arizona, based in Phoenix and founded in 1984. A successful and growing business, they have earned a reputation for high-quality work and always doing the right thing for their customers. They partner with contractors, architects, designers, and facility managers to deliver custom solutions along with expert strategic planning, objective consultation, and experienced installation services.
  • Yieldstreet Appoints New Chief Product Officer
    September 26, 2022
    Yieldstreet, a leading private market alternative investment platform, today announced the appointment of 20-year financial services and technology industry veteran Rick Winslow as Chief Product Officer. This strategic expansion of Yieldstreet’s leadership team will help further scale the platform and make alternative investments more accessible to investors looking to grow their wealth outside of the stock market.
  • Oak Valley Community Bank Announces Commercial Banking Officer Hiring
    September 26, 2022
    Oak Valley Community Bank, a wholly-owned subsidiary of Oak Valley Bancorp (NASDAQ: OVLY), announced that Damon K. Munoz has joined the bank as Vice President, Commercial Banking Officer. He is currently based out of Roseville. Munoz joins the Oak Valley team with over 20 years of commercial banking and finance experience. As a Commercial Banking Officer, he will be responsible for commercial lending and business development in the Capital region.
  • Itafos Announces Debt Refinancing Extending Maturity and Reducing Cost of Debt
    September 26, 2022
    Itafos Inc. (TSXV: IFOS) (“Itafos” or the “Company”) announced today that it has entered into credit facilities (the “Credit Facilities”) with a syndicate of lenders led by RBC Capital Markets, as sole bookrunner and sole lead arranger, pursuant to which the lenders have advanced an US$85 million term loan (the “Term Loan”) to the Company and made available a US$35 million letter of credit facility (the “LC Facility”) and an US$80 million asset-based revolving credit facility (the “ABL Facility”).
  • Gordon Brothers Partners with Zaralo to Expand Nicole Miller
    September 26, 2022
    Gordon Brothers, the global advisory, restructuring and investment firm and majority owner of Nicole Miller, has partnered with Zaralo LLC to expand the global, eponymous fashion and lifestyle brand.