Kabbage from American Express today launched Kabbage Funding, offering eligible small businesses flexible lines of credit between $1,000 and $150,000—now with the powerful backing of American Express. With Kabbage Funding, small businesses can apply in minutes to access working capital 24/7 to help manage their company’s cash flow.

Star Mountain Capital, LLC ("Star Mountain"), a specialized investment manager, with over $2 billion in assets under management, focused exclusively on investing in established, private small and medium-sized North American businesses (lower middle-market), is pleased to announce that Renald “Ray” Durand has joined as Director of Finance. Mr. Durand brings a broad skillset across in finance, accounting and fund administration and will become a valued addition to Star Mountain’s finance and operations department led by Chief Financial Officer Chris Gimbert.

City National Bank announced today that Brent Williams has been promoted to executive vice president. Williams, who serves as head of the bank’s National Corporate Banking division, will also join City National’s Executive Committee.

Northpoint Commercial Finance (“Northpoint”), a North American diversified financial services company, announced that it provided a $15 million senior secured revolving line of credit to Conecuh Brands, LLC (“Conecuh”). The proceeds will be used to refinance existing indebtedness and support Conecuh’s domestic and international growth.

KTC was contacted by a large US bank who was putting together a supply chain receivable finance facility for a Plastic Cup supplier in support of their growing sales to a Fortune 500 customer.

Winston & Strawn represented Seven Oaks Acquisition Corp. (“Seven Oaks”) (Nasdaq: SVOK, SVOKU, SVOKW), a special purpose acquisition company, in connection with its business combination with Boxed, Inc. (NYSE: BOXD, BOXD WS) (“Boxed” or the “Company”), an e-commerce grocery platform which sells bulk consumables and licenses its e-commerce software to enterprise retailers.

The financing consists of $1.75 million in accounts receivable funding and $350,000 in equipment finance. This will lay the foundation for the client to achieve their long-term goals of further expansion and acquisition coast-to-coast in the US.

Winston & Strawn represented 123-year-old Thomas Publishing Company, a leader in product sourcing, supplier selection, and digital marketing solutions, in connection with its $300,000,000 sale to Xometry, Inc, a global marketplace for on-demand manufacturing.

IDB Bank is excited to welcome Salvador Palma “Chava” as the new President of IDB Capital. With more than 20 years of industry experience, Chava will be instrumental in delivering fresh investment insights for IDB’s client base. In his new role, he will report directly to IDB Bank President and CEO, Ziv Biron.

The end of 2021 is fastly approaching, but that does not seem to phase Miami, FL based Fintech, Marco who announced the closing of an ABL deal, adding to its rapidly growing portfolio. Hayden Products, based in New York City, is a distributor of cosmetics and related products including soaps and dental floss, sold to mass retailers and boutiques in the United States and Canada.

Citizens announced today that it served as Sole Lead Arranger for Chicago-based Stonegate Capital Holdings’ $70 million asset-based revolving credit facility to support its acquisition by SG Credit Partners. Stonegate is a leading provider of asset-based credit facilities, typically ranging from $2 million to $10 million, to companies in both the United States and Canada. The deal establishes SG Credit as a leading lower middle market credit platform delivering a complete range of credit solutions for companies primarily in the consumer sector, including food and beverage, naturals, beauty, ecommerce and fashion.

USA Compression Partners, LP (NYSE: USAC) (“USA Compression” or the “Partnership”) announced today that it had entered into the Seventh Amended and Restated Credit Agreement effective today, December 8, 2021, extending the maturity of its senior secured credit facility until December 2026. The credit facility is led by J.P. Morgan and includes 17 additional financial institutions with a combined commitment of $1.6 billion.

Global commodities trader Mercuria has closed an oversubscribed US$2.2bn revolving credit facility from a group of banks in North America. Financing will back the company’s working capital needs in the region, as well as wider efforts to boost Mercuria’s renewable portfolio on the continent and transition towards greener business.

Angelo Gordon, a $48 billion alternative investment firm focused on credit and real estate investing, today announced that Allison Binns, former Executive Director for Global Sustainability Research at Morgan Stanley, has joined the firm as Head of Environmental, Social & Governance (ESG) and Sustainable Investing Strategies. In this new role, Ms. Binns will lead and drive a best-in-class, strategic approach to ESG integration and opportunity across Angelo Gordon’s global platform.

Greystone, a leading national commercial real estate finance company, announced that its commercial team, led by Scott Chisholm, has hired Gary Stellato as Managing Director and Counsel and Peter Fogarty as a Director. Greystone’s commercial platform focuses on originations across all of Greystone’s capital sources and manages institutional structured finance business solutions for large multifamily, office, retail, hospitality, and industrial assets.

Lazard served as First Financial's financial advisor on the transaction, and Squire Patton Boggs (US) LLP served as legal counsel. Keefe, Bruyette & Woods, a Stifel Company, served as financial advisor to Summit, and Taft Stettinius & Hollister LLP served as legal counsel.

Winston & Strawn LLP is pleased to announce that 21 attorneys have been elevated to partner. The class represents Winston's ongoing commitment to diversity with 42.8 percent being women, persons of color, and LGBTQ+. Established members of eight different practice areas and seven U.S. offices, this year's slate of new partners highlights both the breadth of our practices as well as the firm's growth in key markets.

For the last seven years, Robert has served in an industry that specializes in helping people transition and move their lives and families across the country. He excels in recommending high-impact solutions that help small businesses achieve profitability and individual clients reach their goals. His intellectual curiosity and passion for technology characterize him as a lifelong learner. From building his own computers to showing a co-worker a shortcut to make their life easier, Robert believes that we all have something that we can learn from one another.

Mixed marketplace signals underscore the need for turnaround and restructuring professionals to put an even sharper focus on data and analysis in commercial real estate projects, writes Andrew Graiser, Co-President of A&G Real Estate Partners, in the December issue of The Journal of Corporate Renewal (JCR).

Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack-Gladstone Bank are proud to announce the appointment of Katherine M. Dickenson, Esq. as Senior Managing Director, Assistant General Counsel.