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  • Tangelo Announces a New USD$150 Million Warehouse Credit Facility with HSBC
    April 6, 2022
    Tangelo, a leading financial technology company in Latin America specializing in alternative credit, announced the closing of its credit facility for $3 billion Mexican pesos (around $150 million US dollars) with HSBC.
  • Shilpa Kumar Joins WSFS as Senior Vice President, Head of Corporate Finance
    April 6, 2022
    In her new role, Kumar will lead consolidated business planning and analysis, investor relations, business unit profitability, investment decisioning, and the financial aspects of corporate development.
  • Alleon Healthcare Capital Provides a $700,000 Medical Accounts Receivable Financing Facility to a Florida-Based Infusion Pharmacy
    April 6, 2022
    Alleon Healthcare Capital (“Alleon”), a specialty finance company focused on providing healthcare accounts receivable financing, medical accounts receivable factoring, and cash flow solutions to medical providers in the U.S., recently closed a $700,000 medical accounts receivable financing facility with an infusion pharmacy in Florida (“Company”).
  • Lewis & Clark Capital hires Tim Spihlman as Managing Director
    April 6, 2022
    Lewis & Clark Capital, a St Louis-based private equity firm today announced the hiring of Tim Spihlman as Managing Director. Tim is responsible for the private equity strategy including leading a team of investment professionals, sourcing and analyzing opportunities for new investments, negotiation and execution of transactions, and post-execution oversight and governance of portfolio companies.
  • Schulte Roth & Zabel LLP Advises Associated Materials
    April 6, 2022
    Schulte Roth & Zabel LLP advised Associated Materials in its merger with funds managed by SVPGLOBAL, a global investment firm with over $18 billion of assets under management, which merger was completed earlier this month.
  • Nucleus Commercial Finance Bolsters UK Growth and Acquisitions Team
    April 5, 2022
    Nucleus Commercial Finance, the fintech revolutionising how UK SMEs access finance, has expanded its growth and acquisitions team with the appointment of Nigel Hibbert as Sales Director. Nigel has over 20 years’ experience within the financial and professional services industry, focusing on both Asset Based Lending (ABL) and Invoice Finance.
  • North Avenue Capital Closes $25 Million Loan
    April 5, 2022
    North Avenue Capital was proud to partner with Mega Highwall and the USDA to secure the capital required to keep one of Ashland’s star enterprises at the industry’s cutting edge.
  • Assembled Brands Announces new $3.5 Million Facility with Mason Dixie Foods
    April 5, 2022
    Assembled Brands announced it has provided a new $3.5 million facility with Mason Dixie Foods. Ayeshah Abuelhiga founded the company in 2014 on a mission to change Southern comfort food for the better. Mason Dixie Foods offers a variety of high-quality homestyle classics like biscuits and breakfast sandwiches, all made with ingredients that can be bought at the store and without unnecessary chemicals.
  • GemCap Funds $4.0 Million Facility for a Munitions Manufacturer
    April 5, 2022
    GemCap provided a $4.0 million facility consisting of a working capital revolver, an equipment term loan, and a mortgage for a munitions manufacturer which wholesales and retails its inventory. “This is a high-growth, high-demand industry and we’re happy to assist our client’s growth,” says Richard Ellis, Co-President. “GemCap continues to focus on assisting small and mid-sized businesses across a diverse range of industries”
  • CIT Arranges Financing for Noted Fashion Brand Kenneth Cole Productions Inc.
    April 5, 2022
    Headquartered in New York City and founded in 1982, Kenneth Cole Productions is known worldwide for its fashion products spanning the footwear, handbag, apparel and fragrance categories. This new financing – arranged by CIT with participation from WhiteHawk Capital Partners – will be used by the company to refinance existing debt and support future growth opportunities.
  • Stride Funding Partners with Encina Lender Finance and Other Leading Credit Investors to Fund $105MM in Income Share Agreements for High-Quality Bootcamp and Certificate Programs
    April 5, 2022
    Stride Funding, Inc. (Stride) announced its partnership with Encina Lender Finance (ELF) and other top-tier credit funds to increase financial support for students pursuing high-impact bootcamp and certificate programs across the US. The $105 million senior credit facility will enable Stride to fund thousands more students pursuing alternative education in high-growth technology and trade fields.
  • Citizens Financial Group and Investors Bancorp Announce Transaction Close Date for Merger
    April 5, 2022
    Citizens Financial Group, Inc. (NYSE: CFG) (“Citizens") and Investors Bancorp, Inc. (NASDAQ: ISBC) (“Investors”) today announce that the expected close date of the previously announced merger between the two companies is April 6, 2022, subject to the satisfaction or waiver of the remaining customary closing conditions set forth in the merger agreement.
  • J.P. Morgan Asset Management Hires Ash Williams as Vice Chair
    April 5, 2022
    J.P. Morgan Asset Management today announced that it has hired Ash Williams, former Chief Investment Officer and Executive Director of the Florida State Board of Administration (SBA), as Vice Chair, Asset Management. Mr. Williams will work for the firm part-time, reporting into the Head of North America Institutional, Keith Cahill.
  • Runway Growth Capital Announces a Senior Secured Term Loan of $25 Million to Revelle Aesthetics
    April 5, 2022
    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 of $25 million to Revelle Aesthetics, Inc. ("Revelle"), a developer of novel medical devices for women's most bothersome aesthetic needs.
  • US-based Frozen Seafood Importer and Distributor Receives USD 1.5 Million in Trade Financing from Tradewind Finance
    April 5, 2022
    A Miami-based importer and distributor of frozen seafood received a USD 1.5 million credit facility from Tradewind Finance. With the facility, the company will support its domestic sales growth with large American customers. The seafood importer, which primarily sells octopus, had started diversifying its product offerings by adding frozen tuna and salmon, and it needed a financial partner that could support its increased business other than the self-financing methods it already had in place.
  • Great Rock Capital Closes Credit Facility with Stanz & Troyer
    April 4, 2022
    Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced the closing of a senior secured credit facility with Stanz Foodservice (“Stanz”) and Troyer Foods (“Troyer”), two leading regional food and non-food distributors located in Indiana
  • Rosenthal Names Bertie Pujji Executive Vice President and Western Region Portfolio Manager
    April 4, 2022
    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 Bertie Pujji has joined Rosenthal as Executive Vice President and Western Region Portfolio Manager, effective April 4, 2022.
  • Alan Isenberg Joins Angelo Gordon as Global Head of Client Partnership Group
    April 4, 2022
    Today, $51 billion alternative investment firm Angelo Gordon announced that Alan Isenberg, former Head of Product Strategy and Marketing at Neuberger Berman, has joined the firm as Global Head of its Client Partnership Group. In this role, he is responsible for leading the firm’s worldwide client and product functions, including new business development, client coverage, product development and management, and client service.
  • Trisura Advances ESG Goals by Linking Credit Facility to Targets around Responsible Investment
    April 4, 2022
    Trisura Group Ltd. (“Trisura” or “Trisura Group”) (TSX: TSU), a leading specialty insurance provider, has announced the closing of its sustainability-linked credit facility. As a first of its kind for insurers in Canada, the sustainability-linked loan is linked to Trisura’s ambition to further incorporate ESG considerations into its investment activities. The structure introduces an incentive mechanism tied to key performance indicators around Trisura’s responsible activities, including disclosure.
  • Mobile Infrastructure Corporation Announces $75 Million Revolving Credit Facility
    April 4, 2022
    -Mobile Infrastructure Corporation (the “Company”), a publicly registered, non-listed company which invests primarily in parking lots and garages in the United States, announced today that it has completed a $75 million revolving credit facility with KeyBank to refinance certain of the Company’s current secured loans, as well as new acquisitions.