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  • SG Credit Partners Acquires Stonegate Capital to Form Comprehensive Credit Platform
    March 29, 2022
    In November 2021, SG Credit Partners acquired Stonegate Capital and announced its entry into asset-based lending with a focus on high-growth consumer products. The result of our combined companies is the ability to deliver a complete range of tailored credit solutions to the lower middle market.
  • Monroe Capital Supports FFL Partners’ Investment in Optomi Professional Services
    March 29, 2022
    Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support FFL Partners’ investment in Optomi Professional Services (“OPS”). Founded in 2012 and headquartered in Atlanta, OPS provides technology consulting, team augmentation and domestic rural outsourcing services to Fortune 2000 Clients.
  • Gildan Announces First Sustainability-Linked Loan
    March 29, 2022
    Gildan Activewear Inc. (GIL: TSX and NYSE) is pleased to announce that it has signed an amended and restated credit agreement in respect of its existing $ 1 billion revolving credit facility to incorporate sustainability-linked terms, underscoring Gildan's strong leadership and commitment towards its environmental, social, and governance (ESG) targets.
  • EisnerAmper Names New Managing Director and National Leader for Transaction Advisory Services
    March 29, 2022
    Global business advisory firm EisnerAmper has named Judd E. Appel as the Managing Director and National Leader in the Transaction Advisory Services (“TAS”) Group. Judd’s prior experience includes 20 years of transaction services and investment banking with blue-chip companies where he led the mergers and acquisitions and lending platforms connecting clients with institutional investors.
  • QuickFi® Named Finalist in 3 Categories: 2022 Banking Tech Awards
    March 29, 2022
    QuickFi® is a finalist in three categories: Best Use of IT for Lending, Best Innovation, and Best Digital Initiative. Other recognized finalists in these categories include JP Morgan Chase, Citizens Financial Group, U.S. Bank, and Goldman Sachs. The patented QuickFi platform incorporates facial recognition, drivers’ license authentication, A.I., and blockchain technologies to facilitate secured loans and leases for creditworthy business borrowers.
  • Tiger Group Offers 15,000-Plus Assets from Seven Former Pacific Theatres Locations
    March 28, 2022
    Theater owners, live-event production companies and rental houses will find an extensive selection of gear and equipment—more than 15,000 items in all—as Tiger Group liquidates assets from seven former Pacific Theatres locations.
  • CIT Provides $29.9 Million Financing for Portfolio of Industrial Buildings in Greater Chicago
    March 28, 2022
    CIT, a division of First Citizens Bank, today announced that its Real Estate Finance business provided a $29.9 million loan for the acquisition of a portfolio of industrial buildings in Greater Chicago by Aminim Group.
  • Power Solutions International Announces Extension to Credit Agreement
    March 28, 2022
    Power Solutions International, Inc. (“PSI” or “the Company”) (OTC Pink: PSIX), a leader in the design, engineering and manufacture of emission-certified engines and power systems, announced that it entered into an amended $130.0 million uncommitted senior secured revolving credit agreement (the “Second Amended and Restated Credit Agreement”) with Standard Chartered Bank as administrative agent (“Standard Chartered”), and the lenders party thereto from time to time.
  • Forbes Names FTI Consulting to 2022 America’s Best Management Consulting Firms List
    March 28, 2022
    FTI Consulting, Inc. (NYSE: FCN) today announced the Company has been named to Forbes magazine’s list of America’s Best Management Consulting Firms for the seventh consecutive year, recognized in 13 sectors and functional areas.
  • Sterling Bancorp, Inc. Announces Appointment of New Independent Directors, Michael Donahue and Eboh Okorie to the Board of Directors of the Company
    March 28, 2022
    Sterling Bancorp, Inc. (NASDAQ: SBT) (“Sterling” or the “Company”), the holding company of Sterling Bank and Trust, F.S.B. (the “Bank”), today announced that on March 24, 2022, the Company appointed Mr. Michael Donahue and Mr. Eboh “Duke” Okorie to the Board of Directors of the Company (the “Board”), effective immediately.
  • Northrim BanCorp, Inc. Announces Executive Promotions
    March 28, 2022
    Northrim BanCorp, Inc. (NASDAQ: NRIM) announced the promotions of Michael Huston to serve as President and Chief Lending Officer of Northrim Bank and Amber Zins as Executive Vice President and Chief Operating Officer of Northrim Bank, effective March 26.
  • Oak Valley Community Bank Announces Vice President Promotion
    March 28, 2022
    Oak Valley Community Bank, a wholly-owned subsidiary of Oak Valley Bancorp (NASDAQ: OVLY), announced the promotion of Lisa Melville to Vice President, Commercial Loan Officer. Melville is based out of the bank’s Downtown Sonora Branch. Melville has been in banking for over 40 years, nearly 20 of which have been in commercial banking.
  • Sprouts Farmers Market Revises Credit Facility
    March 28, 2022
    Bank of America, N.A. acted as administrative agent, issuing bank and swingline lender, J. P. Morgan Securities LLC, acted as sustainability structuring agent, BMO Capital Markets Corp., JPMorgan Chase Bank, N.A. and Wells Fargo Securities, LLC acted as syndication agents, Truist Bank and PNC Bank, N.A. acted as documentation agents, and BofA Securities, Inc., BMO Capital Markets Corp., JPMorgan Chase Bank, N.A., and Wells Fargo Securities, LLC, acted as joint bookrunners and joint lead arrangers.
  • LSQ Creates $5MM Credit Facility for Colorado Oil Field Services Company
    March 28, 2022
    LSQ, a leading provider of working capital finance and payments solutions, recently originated a $5 million credit facility for a Colorado oil field service company. The company will use the additional capital to fund growth and complete the acquisition of a company offering a complementary service.
  • Crestmark, the Commercial Finance Division of MetaBank®, Provides More Than $34.1 Million in Commercial Financing to 72 Businesses in the First Half of March
    March 28, 2022
    Crestmark, the Commercial Finance Division of MetaBank®, N.A., secured a total of $12,363,696 in ABL/factoring financial solutions for nine new clients; Crestmark Equipment Finance provided $4,702,737 in 13 new large ticket transactions and $5,738,197 in 45 new small ticket vendor transactions; and the Structured Finance group provided $11,337,372 in financing for five new clients in the first half of March.
  • Eastern Bank Announces Appointments To Its Management Committee
    March 28, 2022
    Eastern Bank is pleased to announce the following appointments to its Management Committee: Gregory P. Buscone, Executive Vice President, Senior Commercial Banking Officer; Martha A. Dean, Executive Vice President and Senior Operations Director; Timothy J. Lodge, President and CEO of Eastern Insurance Group LLC; Matthew A. Osborne, Executive Vice President, Senior Commercial Banking Officer; and Sujata Yadav, Executive Vice President and Chief Marketing Officer.
  • Eastside Distilling, Inc. Announces Incremental $3 Million Credit Facility
    March 28, 2022
    Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside" or the "Company"), a consumer-focused beverage company that builds craft inspired experiential brands and high-quality artisan products around premium spirits and ready-to-drink "RTD" craft cocktails, today announced that it has closed a new secured credit facility of up to $3 million in available principal amount with TQLA, LLC.
  • Pinnacle Financial Partners Forms Debt Capital Markets Team
    March 28, 2022
    Pinnacle Financial Partners has formed a debt capital markets group that will house its existing loan syndications team and future efforts in the bond capital markets. In addition, Pinnacle has created a new specialty group to provide financing to middle-market restaurant and franchise businesses.
  • Gateway Adds to Commercial Lending Banking Team
    March 28, 2022
    Gateway First Bank, one of the largest banking operations in Oklahoma, announced that Rob Hoffman and Todd Welch have joined the Bank’s management team as Vice Presidents, Commercial Lending. Both bankers join Gateway with extensive experience in the banking and financial services industry.
  • Oxford Finance Leads $660 Million Upsize Financing for Specialty Dental Brands
    March 28, 2022
    Oxford Finance LLC (“Oxford”), a leading specialty finance firm focused on healthcare services and life sciences companies worldwide, today announced the closing of a $660 million senior credit facility to Specialty Dental Brands (“SDB” or “the Company”), a dental services organization focused on pediatric dentistry, orthodontics, and oral surgery. Oxford acted as the sole bookrunner and administrative agent on the transaction.
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