Surge Energy US Holdings Company ("Surge Energy" or the "Company") announces an increased borrowing base from $1.5 billion to $1.75 billion on the Company's revolving credit facility ("Credit Facility").

Solifi™, a global fintech software partner for secured finance, announced MyTechMag named Solifi as one of the world’s top 10 banking technology solution providers in 2022. Solifi was recognized for its innovative fintech solutions built on the company’s software-as-a-service (SaaS)-based open finance platform.

Hilco Streambank is seeking offers for a proprietary software platform featuring a diamond cut score calculator and 3D jewelry configurator utilized by a jewelry e-commerce retailer. The software brings gem selection and jewelry design out of the hands of retailers and into the hands of the customer via an online platform which supported annual sales of more than $12 million at its peak.

Ocean Bank’s Factoring Division has financed a $6 million factoring facility to an industry-leading provider of IT services to media and entertainment companies. “Our client is undergoing a remarkable growth period and needs more flexible financing. Ocean Bank was able to find a lasting solution that will help fund that growth,” said Daniel Krasna, Vice President of Business Development.

GA Europe, a B. Riley Financial (NASDAQ: RILY) company, today announced it is working with CM Sports GmbH ("CM Sports") to revitalize RENO, a leading German shoe chain. GA Europe will work together with CM Sports to strategically realign RENO's store footprint and restock stores with fresh inventory to position the shoe chain for future success.

REV Capital funded a $7.5MM factoring facility to a temporary staffing company in Tennessee. The company provides temporary staffing, temp-to-hire, and direct hire placements to several Fortune 500 companies. The company has seen tremendous growth in businesses over the past few years and needed to increase its existing facilities to facilitate its continued expansion.

-WhiteHawk Capital Partners, LP (“WhiteHawk”), a private credit investment manager focused on asset-based financing solutions, announced that it has entered into an agreement with Latshaw Drilling Company, LLC (“Latshaw” or the “Company”) to provide a $41 million asset-based credit facility. The proceeds from the facility support a refinancing of Latshaw’s indebtedness which recently finalized an out-of-court restructuring.

Dylan Zimmerman joins Sallyport Commercial Finance, LLC as VP, Business Development based on the US East coast. He graduated from the University of South Carolina at the end of 2015 with a degree in Economics. Soon after graduation he began work with Accord Financial as a regional business development officer.

A $400,000 tailored financial solution has just been put together for an industrial manufacturer based on the West coast of the US. The package is made up of a $120,000 cash flow loan with the remainder accounts receivable facility. The client was referred to Sallyport by a broker and had spiraling Merchant Cash Advance loan commitments that were becoming troublesome to meet and preventing them from moving forward and accepting new business.

Farmers & Merchants Bancorp, Inc. (“F&M”, “FMAO”, or the “Company”) (Nasdaq: FMAO), the holding company for Farmers & Merchants State Bank, announced today that it has completed the acquisition of Peoples-Sidney Financial Corporation (“Peoples” or “PPSF”).

Northstar Capital (“Northstar”), a provider of junior capital for middle market private equity transactions, is pleased to announce its investment in Automated Handling Solutions, LLC (“AHS”), a portfolio company of May River Capital, LLC (“May River”).

SWK Holdings Corporation (Nasdaq: SWKH) ("SWK" or the "Company"), a life science focused specialty finance company catering to small- and mid-sized commercial-stage companies, today announced that the company has promoted Yvette Heinrichson to the role of Chief Financial Officer.

Espresso Capital announced today that it has provided Innovapptive, a digital transformation pioneer, with a $15 million credit facility. Innovapptive, whose platform connects frontline maintenance workers and warehouse operations with back-office systems through easy-to-use mobile apps, will use the funds to drive additional growth.

National Funding, one of the largest U.S. specialty finance companies serving small- and medium-sized businesses, closed its second asset-backed securitization (ABS) for $125 million. Guggenheim Securities served as sole structuring advisor and the sole initial purchaser of the notes.

IR2 Holdings, LLC (“IR2”) is pleased to announce its formal launch of a specialized joint venture between Alan Kestenbaum, Gaurav Mehta and funds and accounts managed by Oaktree Capital Management, L.P. (“Oaktree”), leveraging a unique collection of expertise, resources, and track record for investments across the metals, mining and natural resources sectors.

Benefit Street Partners L.L.C (“BSP”) and its parent company Franklin Templeton today announced the launch of Franklin BSP Private Credit Fund (FBSPX). The fund takes a multi-strategy approach to investing in US middle market private credit, seeking to generate strong current income and superior risk-adjusted returns across market cycles.

Pathward™, N.A., an industry leading financial empowerment company, today announced the unveiling of its new corporate brand and the launch of the company’s new website, Pathward.com. This follows the company’s name change from MetaBank®, N.A. earlier this year. The new name and branding reflect the company’s commitment to providing a path forward for individuals and businesses to reach the next stage of their financial journey.

PKF Clear Thinking, LLC, the award-winning business advisory firm and subsidiary of PKF O’Connor Davies, LLP, one of the nation’s largest accounting, tax and advisory firms, today announced that it has hired Neil Canty as Managing Director. Canty comes to the Firm with more than three decades of senior-level experience spearheading the financial operations of numerous million- and billion-dollar businesses.

Entrepreneur Growth Capital (“EGC”), headquartered in New York City, announced the hiring of Ryan Ray as Vice President of Business Development to enhance EGC’s lending footprint throughout the Midwest. Based in Chicago, Ryan will be responsible for sourcing new asset-based loan opportunities from $1 million to $15 million.

HLS Therapeutics Inc. ("HLS" or the "Company") (TSX: HLS), a pharmaceutical company focusing on central nervous system and cardiovascular markets, announces updates to its credit agreement and senior secured term loan with its existing syndicate of bank lenders co-led by JPMorgan Chase Bank, N.A. and Silicon Valley Bank. All dollar amounts are stated in U.S. currency.