SLR Equipment Finance is pleased to announce Michael Biesiada has joined our company as a Senior Vice President of Business Development. In his role, Michael will help grow SLR Equipment Finance’s leasing and lending activities with equipment dealers in Texas, Louisiana, Arkansas, Oklahoma, Colorado, New Mexico, Kansas, North Dakota, and South Dakota.

Dechert LLP is pleased to announce that En-Min Chua has joined the firm's global finance team as a partner based in New York. Ms. Chua has broad experience in the asset-backed finance space and across many types of debt finance transactions, using structures including securitizations, total return swaps, repurchase agreements and repackagings.

TD Bank, America’s Most Convenient Bank®, announced today that it provided a $28 million loan to Dantes Partners, the Delta Housing Corporation of D.C. (DHCDC) and Gilbane Development Company for the complete renovation of a multi-housing community located in a rapidly evolving Washington, D.C., neighborhood to provide greatly needed affordable rental housing for local working and middle-class families.

BlockFi, a global crypto financial services company, today announced that the company signed a term sheet with FTX to secure a $250 million USD revolving line of credit providing BlockFi with access to further capital.

Vida Capital, Inc. (“Vida”), a portfolio company of RedBird Capital Partners and Reverence Capital Partners, announced today it has appointed John M. Jureller as the company's Chief Financial Officer, effective June 21, 2022.

Innovative Food Holdings, Inc., a leading end-to-end DTC eCommerce platform and direct-to-chef online platform that provides high-quality, unique specialty foods through eCommerce offerings and multichannel partnerships, today announced that it has refinanced its existing asset-based commercial loans totaling approximately $7.7 million, with a new $2.0 million senior secured revolving credit facility and a $5.7 million first-lien secured term loan.

PNC Bank will serve as the revolving administrative agent, collateral agent and swingline loan lender, and Wells Fargo Bank will serve as term administrative agent.

Rosenthal & Rosenthal, Inc., the leading factoring, asset based lending, purchase order financing, d2c and e-commerce inventory financing firm in the United States, today announced that Gene Walsh has joined Rosenthal as SVP, Business Development Officer in the firm’s Atlanta office.

Focus Management Group (FMG), a nationwide turnaround and restructuring firm, has enhanced its team with the addition of Tom Thompson. Based out of the firm’s California office, Tom will serve as a Senior Managing Director to complement the firm’s growing demand for its turnaround management and corporate restructuring services.

Poole has 25 years of banking experience. He began his career as a management trainee and has held various leadership positions, including middle market lender, business banking market manager, and regional business banking manager. In his new role, he will continue working with manufacturers, distribution wholesalers, and professional, health care, and service organizations.

Huntington Business Credit announced it closed $24,000,000 in new credit facilities with McGregor Metal Holdings LLC on June 10, 2022. Proceeds of the facility were used to refinance existing indebtedness and provide ongoing working capital growth financing.

Commercial Credit Group Inc. (CCG), an independent commercial equipment finance company, today announced that it has completed a $420,650,000 term asset-backed security (ABS) transaction. The securitization was CCG’s largest offering to-date and was placed with a diversified group of fixed income investors, representing 29 unique institutions. BMO Capital Markets served as Structuring Agent and Lead Bookrunner for the placement.

Wintrust Receivables Finance (WRF) is happy to announce the closing of a new $15,000,000 account receivable line of credit for a Midwest based transportation broker. The company focuses on full truckload freight for companies in the food and beverage vertical.

Eastern Bank is pleased to announce Asian Atlantic Industries, LLC (AAI) as a new asset-based lending customer. Founded in 1998 by CEO Tom Mahoney, AAI is a global supplier of electronic components and semiconductors. Headquartered in Portsmouth, New Hampshire, AAI uses its proprietary software to track the universe of supply and demand, providing its customers with real-time product availability from its vast database of manufacturers and resellers.

SG structured a $2.5MM non-dilutive credit facility around the Company’s ARR, allowing existing investors to capture upside in enterprise value generated by additional growth.

Mitsubishi UFJ Financial Group (MUFG) announced today that Ray Barretto has joined the firm as a Director and Head ABS Trader. Based in New York, Ray reports to Michael McCarthy, Head of Macro Trading.

Houlihan Lokey (NYSE:HLI), the global investment bank, announced today that Joel Simkins has joined the firm’s Technology Group as a Managing Director covering the gaming sector. He is based in New York.

Pelorus Equity Group (“Pelorus”), the leading provider of commercial real estate loans for the cannabis sector, announced it has closed an $11.8 million financing with Juva Life Inc. (“Juva Life,” “Juva” or the “Company”), a life science company with pharmaceutical research and development and consumer-facing operations in cannabis production and distribution.

SQI Diagnostics Inc. ("SQI" or the "Company") (TSXV: SQD) (OTCQB: SQIDF), a leader in the science of lung health that develops and manufactures respiratory health and precision medicine tests, announces the extension of the maturity date of its credit agreement (the "Credit Agreement") with Pivot Financial ("Pivot") dated February 8, 2022 to October 11, 2022. All of the other terms of the Credit Agreement remain unchanged.

Oxford Bank Corporation ("Oxford" or "the Company") (OTC Bulletin Board: OXBC), the holding company for Oxford Bank ("the Bank"), announced today that Senior Vice President & Chief Financial Officer, Richard K. Miller, will be retiring in 2023.