CIT, a division of First Citizens Bank, today announced that its Real Estate Finance business served as sole lead arranger on a $39.6 million loan to an affiliate of Clarion Partners to finance the acquisition and development of Southside Logistics Center, an industrial facility in Baltimore, Maryland.

Grasshopper, the client-first digital business bank, today announced the relaunch of its digital banking platform to meet the shifting demands of small businesses and innovators across the country. With needs unmet by the traditional banking system, small businesses are eager to find services and technology that will help them grow. Grasshopper has the capabilities to help these businesses exceed their potential and is set to lead in the innovation economy by building tools specifically designed for small businesses, startups and the venture community.

Digihost Technology Inc. (“Digihost” or the “Company”) (Nasdaq: DGHI; TSXV: DGHI), an innovative U.S. based Bitcoin self-mining company, is pleased to announce the closing of a US$10,000,000 committed, collateralized revolving credit facility with Securitize, Inc. (the “Loan Facility”). The Loan Facility provides Digihost with significant, non-dilutive, liquidity options to assist in the financing of its aggressive growth strategy. The Loan Facility has a one-year committed term and an interest rate of 7.5% per annum and has been fully drawn by the Company.

Fifth Third Bancorp (NASDAQ: FITB) today announced that Kala Gibson, executive vice president and chief corporate responsibility officer, has assumed additional oversight of sustainability and inclusion and diversity, and he will serve as the chair of the Fifth Third Foundation distribution committee.

Leading global professional services firm Alvarez & Marsal (A&M) has further expanded and enhanced its digital transformation offerings by adding Frederic Ramioulle, a Detroit-based, 30-year industry veteran, as a Managing Director with the firm’s Automotive & Industrials Group.

Marco Capital Inc. is pleased to announce several new recent financing transactions, including: a $10,000,000 facility for a Canadian distributor of Covid testing kits; a $2,700,000 facility for a consumer home electronics business located in Hong Kong and California; a $3,000,000 facility for a Hong Kong and China based designer and distribution shoe business.

The client, an automation component distributor, came to Accord with plans for both domestic and export sales as well as quick growth projections. Accord was able to quickly add an EDC TRG loan of $250,000 to their $1,000,000 factoring facility, which was a great fit for the client’s needs.

Chief Executive Officer Theodore L. Koenig commented, “We are pleased to report another quarter of strong and consistent financial results. During the fourth quarter, we reported our seventh consecutive quarterly increase in our Net Asset Value. Adjusted Net Investment Income for the quarter covered our dividend and our current annual cash dividend to shareholders is approximately 9.2%1 . The M&A market continues to be very active, and we are well positioned to support the financing needs of our clients that have resilient business models and positive long-term outlooks.

The demand for working capital remains robust, and the alternative lending industry continues to expand. Fintegra, a fintech direct funder, has secured a credit facility of $30 million from Bastion Funding. The credit facility will help Fintegra address the growing demand from business owners for fast and reliable access to working capital.

SLR Healthcare ABL is pleased to announce it has provided a $2 million asset-based revolving line of credit to a skilled nursing operator. SLR Healthcare ABL provides asset-based financing solutions to small and mid-size healthcare providers throughout the United States.

Hudson Technologies, Inc. (NASDAQ: HDSN), a leading provider of innovative and sustainable refrigerant products and services to the Heating, Ventilation, Air Conditioning, and Refrigeration industry – and one of the nation’s largest refrigerant reclaimers, today announced that it has entered into a new $85 million term loan agreement with TCW Asset Management Company LLC.

Access Capital recently added Signify Technology Group (“Signify”) to its portfolio. Signify is a technology recruitment company based in Santa Monica, CA and is the US subsidiary of Signify UK. The new borrower has an established specialization in placing engineers who are distinctly trained in a unique programming language known as Scala and was founded by Ryan Adams, a recruitment industry veteran with over 14 years of experience.

Monroe Capital LLC (“Monroe”) was selected as the recipient of two Private Debt Investor (“PDI”) awards, including the 2021 Senior Lender of the Year and Lower Mid-Market Lender of the Year, in the Americas. PDI is published by PEI, the only global B2B information group focused exclusively on private equity, private debt, private real estate, infrastructure and agri investing.

LSQ, a leading provider of working capital finance and payments solutions, recently originated a $5 million credit facility for a Texas-based commodities logistics company. The firm will use the capital to fund growth with several of the country’s largest steel manufacturers. Prior to the new facility, the company had a relationship with LSQ through one of its customer’s supply chain finance programs.

Stonebriar Commercial Finance announced that Ryan Bohlert has joined the company as managing director of Originations. Based in Plano, Texas, Ryan will cultivate existing and develop new relationships to source fixed asset secured lease and loan opportunities.

Sallyport is delighted to add another client in February with $7,500,000 accounts receivable funding for a tank manufacturer to the oil and gas industry. The manufacturer's products are in huge demand and with a significant backlog of $80m worth of orders, they needed working capital to satisfy an investor loan and meet their payroll whilst also getting their products out the door to customers. The client can now continue with their growth and expansion goals, achieving a faster turnaround on manufacturing alongside exceptional customer service.

Court-ordered sale provides cost-effective expansion opportunity amid growing equipment rental demand in sectors such as oil and gas, utility solar and construction; Dalton Crane continues as fully staffed business with late-model equipment in the field under customer contracts.

Seanergy Maritime Holdings Corp. (the “Company” or “Seanergy”) (NASDAQ: SHIP) reported today that it has entered into a definitive agreement with a reputable Japanese lender to refinance the loan facilities secured by the 2012-built Capesize M/V Partnership (the “Vessel”) through a sale and leaseback structure.

Star Mountain Capital, LLC ("Star Mountain"), a specialized investment manager, with approximately $2.5 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 Crandall Deery has joined as a Managing Director.

Huntington Bancshares Incorporated (Nasdaq: HBAN) today announced it has entered into a definitive agreement to acquire Capstone Partners, one of the largest and most successful investment banking and advisory firms dedicated to serving middle market companies throughout their full business lifecycle.