Horizon Global Corporation (NYSE: HZN), one of the leading manufacturers of branded towing and trailering equipment, today announced an amendment to the agreement governing its term loan with Atlantic Park Strategic Capital Fund, L.P. (“Atlantic Park”) and the execution of a commitment letter to issue, solely at the Company’s option, up to $40.0 million of a new Series B Preferred Stock to Corre Partners Management, L.L.C. (“Corre”) to facilitate meeting the Company's upcoming convertible note maturity.

Comvest Credit Partners (“Comvest”), a leading provider of flexible financing solutions to middle-market companies, is pleased to announce that it has acted as Administrative Agent in upsizing its existing senior secured credit facility (the “Financing”), to CareVet, LLC (“CareVet”), a leading operator of independent veterinary hospitals. The new $228 million facility — Comvest’s fourth upsize since its initial $35 million commitment in September 2020 — will enable CareVet’s management team and private equity sponsor Compass Group Equity Partners (“CGEP”) to continue to grow the business through acquisitions.

Seacoast Banking Corporation of Florida (NASDAQ: SBCF), one of the largest community banks based in Florida, today announced that it has implemented the succession plan previously disclosed in June 2020. Charles “Chuck” Shaffer, the Company’s former president and chief operating officer (COO), has been promoted to chief executive officer (CEO) and elected to the Company’s board of directors. Former chairman and CEO Dennis “Denny” Hudson III has assumed the position of executive chairman of the board of directors.

Global law firm Greenberg Traurig, LLP is strategically expanding its Corporate Practice in California to meet client demand in the area of mergers & acquisitions (M&A) with the addition of Ron S. Grace as a shareholder in the firm’s Los Angeles office. Global law firm Greenberg Traurig, LLP is strategically expanding its Corporate Practice in California to meet client demand in the area of mergers & acquisitions (M&A) with the addition of Ron S. Grace as a shareholder in the firm’s Los Angeles office. Grace, whose practice focuses on M&A and transactional matters for clients in the health care industry, will also be a member of the firm’s Health Care & FDA Practice.

Exchange Bank (OTC: EXSR) announces the promotion of Ann Lobdell Hudson to a newly formed role as senior vice president and chief administrative officer, reporting to Troy Sanderson, president and CEO. She will be responsible for managing internal operation areas of the bank, including bank operations, central services, electronic banking, card services, merchant services, facilities and purchasing and the loan service center.

J D Factors announced it provided the following factoring facilities: $120,000 to a transportation company in Tennessee; $100,000 to a transportation company in Georgia; $150,000 to a transportation company in Texas; $750,000 to a transportation company in Illinois...

Ms. Davis began her banking career with Imperial Bank as an AVP Commercial Loan Officer and rose to Regional Manager. She briefly worked for City National Bank before joining Heritage Bank of Commerce in 2005. She was a Senior Vice President/Regional Manager for 13 years and was responsible for all deposit and loan growth in the Los Altos Region. Before joining Pinnacle Bank she was Senior Relationship Manager in Specialty Banking for Boston Private Bank, a division of Silicon Valley Bank.

Ares Management Corporation (NYSE: ARES) announced today that new financing commitments made across its U.S. direct lending strategies more than doubled to $33.4 billion in 2021. Funds managed by Ares Management Corporation’s Credit Group (collectively “Ares”) closed approximately $13.7 billion in commitments across 93 transactions during the fourth quarter of 2021 and approximately $33.4 billion in commitments across 269 transactions in the year ended December 31, 2021.

SageSure, a leading managing general underwriter and insurance technology innovator, has secured a $375 million senior credit facility from funds managed by the U.S. Direct Lending and Alternative Credit strategies of Ares Management Corporation (NYSE: ARES, “Ares”). Proceeds of the transaction will be used to refinance SageSure’s existing bank facility and to support strategic growth initiatives.

MidCap Business Credit LLC announces today that it has formed a new entity MidCap Equipment Finance LLC and has retained a team of seasoned investment professionals to begin offering equipment loans and leases to middle market companies in the US and Canada. This new product offering will be complementary to MidCap’s existing business which has been providing working capital loans since 2004.

Pyxus International, Inc. (OTC Pink: PYYX) ("Pyxus" or the "Company"), a global value-added agricultural company, is pleased to announce it has entered into a $100 million asset-based lending (ABL) credit facility with PNC Bank effective February 8, 2022. The agreement with PNC replaces the Company's preexisting $75 million ABL credit facility, which was due to mature in February 2023.

Liquidity Services (Nasdaq: LQDT), a leading global commerce company powering the circular economy, today announced it entered into a new credit facility with Wells Fargo Bank that provides revolving loans up to a maximum aggregate principal amount of $25,000,000 with a $10,000,000 sublimit for standby letters of credit. The Credit Agreement will expire on March 31, 2024.

Loeb, an industry leader in the lifecycle management of industrial manufacturing equipment and machinery, continues to fortify its team to better assist its clients, customers, and referral partners with the hiring of Scot Lund (Senior Vice President), Chad Doucette (Asset Evaluator), and Barry Orlov (Loan Specialist).

Michael Doyle, Vice President – Asset-Based Lending at First Business Specialty Finance, LLC, a subsidiary of First Business Bank, announces a recently closed and funded $6 million revolving credit facility, equipment term loan, and Capex line for a beverage manufacturer seeking acquisition financing.

CIT, a division of First Citizens Bank, today announced that its Real Estate Finance business provided financing for the acquisition of the Morada Plano Apartments in Plano, Texas. Built in 2019 and 2020, the Morada Plano Apartments is a 183-unit multifamily residential development located in a high-growth market in close proximity to major employers, transportation corridors and services.

Beacon Pointe Advisors ("Beacon Pointe") announced its latest partnership with Altavista Wealth Management ("Altavista") with offices based in Asheville and Charlotte, North Carolina. With over $700M in assets under management, Altavista is Beacon Pointe's third partnership in the Carolinas in the past 14-months.

CNB Financial Corp. said its President and Chief Executive Joseph Bower would retire at the end of the year, and he would be succeeded by the chief operating officer of CNB Bank, Michael Peduzzi.

The Harbor Bank of Maryland today announced a partnership with Cerebro Capital, a commercial loan marketplace, to provide $50 million in loans to small businesses within the Baltimore Washington metro region. The program, which will offer loans as large as $2 million, is focused on increasing access to capital for minority-owned businesses, who traditionally have been underserved by the commercial credit market.

Runway Growth Capital LLC ("Runway" or the "Company"), a leading provider of growth loans to both venture and non-venture backed companies seeking an alternative to raising equity, today announced that it has hired Rachel Goldstein as Senior Vice President of Growth to improve the quantity and quality of deal flow. She will report to Mark Donnelly, Managing Director and Head of Origination at Runway.

Runway Growth Capital LLC ("Runway"), a leading provider of growth loans to both venture and non-venture backed companies seeking an alternative to raising equity, today announced the close of a senior secured term loan commitment of $30 million to EPIC IO Technologies, a global leader in solving Big Data challenges in multiple markets, by leveraging Artificial Intelligence, Internet of Things, and 4G/5G wireless connectivity through its open and vendor-agnostic platform, DeepInsights™.