TAB Bank is pleased to announce it has provided a refueling equipment manufacturer in Kansas with a $2 million asset-based credit facility. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs.

Sound Point Capital Management (“Sound Point”) is pleased to announce that it provided an Accounts Receivable Facility for Dura Automotive (“Dura” or the “Company”), a global designer and manufacturer of highly engineered automotive systems and portfolio company of MiddleGround Capital (“MiddleGround” or the “Sponsor”).

Runway Growth Capital LLC announced today that it has hired Jeff Goldrich as Managing Director, Technology. Goldrich's experience covers dozens of relationships across a range of company sizes ($1MM-100M+ of revenue); stages (early development, growth, and mature); industry verticals (FinTech, Healthcare IT, PropTech, and MarTech, among others); ownership structures (bootstrapped, family office owned, and VC and PE-backed); and transaction types (growth capital, working capital, M&A, and recaps, among others)

VSS Capital Partners (“VSS”), a private investment firm investing in healthcare, business services and education, today announced the addition of W. Preston Hutchings as Senior Advisor. Leveraging his three decades of senior insurance, investment management and executive leadership experience, Mr. Hutchings will provide strategic guidance and work closely with VSS’s team in this role.

Horizon Technology Finance Corporation, a leading specialty finance company along with lending partner Trinity Capital Inc., a leading provider of debt and equipment financing to growth stage companies, announced today that they provided an additional $20 million venture loan to Nexii Building Solutions Inc., a green construction company that designs and manufactures low carbon buildings and products.

William Blair, a boutique with expertise in investment banking, has hired Gage Alpert as a director of the private capital advisory investment banking practice. Mr. Alpert will work with clients on secondary solutions and direct equity capital-raising.

Stellus Capital Management, LLC (“Stellus”), a leader in middle market direct lending, announced today that its affiliates provided senior debt financing and an equity co-investment to support Blue Sage Capital’s (“Blue Sage”) acquisition of Baker Manufacturing Company, LLC (“Baker” or the “Company”).

First Eagle Alternative Credit, the alternative credit platform of First Eagle Investments, today announced that it has provided a $20 million term loan to Nicole Miller, a global fashion and lifestyle brand. The term loan will help finance the company's initiatives to partner with its licensees to build the brand's e-commerce presence and develop strategic relationships.

KKR, a leading global investment firm, today announced the final close of KKR Asset-Based Finance Partners (“ABFP” or the “Fund”), KKR’s first fund dedicated to asset-based finance investments “ABF.” The approximately $2.1 billion fund will commit capital globally to privately originated and negotiated credit investments that are backed by large and diversified pools of financial and hard assets, with attractive risk-adjusted returns.

Republic Business Credit provided a $3.5 million asset-based loan facility secured by accounts receivables, inventory and equipment that refinanced the company’s incumbent bank lender while providing significantly more borrowing base liquidity at closing. The company closed the senior debt facility with Republic during the third quarter of 2021 and has outperformed its budget every month since closing.

Pure Gold Mining Inc. (TSX-V:PGM, LSE:PUR) (“PureGold” or the “Company”), today announced the finalization of several agreements (“Agreements”) with its lending partner, a fund managed by Sprott Resource Lending Corp. (“Sprott”), including a new debt repayment schedule to enhance the Company’s liquidity and provide financial flexibility.

The Merchant Opportunities Fund, a Vancouver-based private debt fund focused on investing in specialty finance portfolios, today announced that it has increased its revolving debt facility with the Bank of Montreal ("BMO"). The facility now consists of a $27.5 million funding commitment with a two-year term along with a $12.5 million accordion.

As part of its effort to boost balance-sheet flexibility, Crown Castle International Corp. CCI recently raised the commitments under its senior unsecured revolving credit facility by $2.0 billion. It has also increased the maturity of the entire credit facility to July 2027. Now, Crown Castle’s credit facility comprises a $7.0 billion senior unsecured revolving credit facility and a $1.2 billion senior unsecured term loan A facility.

Iron Horse Credit (“IHC”), a leading inventory lender, is pleased to announce the closing of a $2,000,000 stand-alone inventory revolving line of credit to a CBD wellness retailer. The company’s online presence has been rapidly growing since 2017 and most recently, embarking on wholesale distribution. Facing federal regulations and difficulties obtaining traditional banking relationships, the company was referred to IHC through a preferred lender’s network.

The law firm of Moritt Hock & Hamroff has announced that Marshall O. Dworkin and Rohan Maitra have joined the firm as associates. Mr. Dworkin has joined the firm's Litigation Practice Group, resident in the New York City office. Mr. Maitra has joined the firm's Secured Lending & Finance Practice Group, resident in the New York City office.

Carlyle Global Credit is proud to have led the refinancing in support of American Industrial Partners’ portfolio company The Carlstar Group. Founded in 1917, Carlstar is a market leading manufacturer of specialty tires and wheels with 7,500+ products that the Company sells to original equipment manufacturers (OEMs) and aftermarket customers.

Agility Capital, an innovative lending company, announces that the firm participated in a syndicate of lenders on a recent financing of CLI Studios, the global leader in online dance education. Agility partnered with Kiso Capital and Top Mark Capital Partners in this financing.

MidCap Financial, a leading commercial finance company focused on middle market transactions, announced this week it has provided a senior secured credit facility to Echelon Fitness Multimedia LLC and Echelon Fit Canada Inc. (“Echelon”). Proceeds from MidCap will be used on Echelon’s business needs by providing ongoing working capital for growth and expansion.

John Hancock Investment Management, a company of Manulife Investment Management, and Marathon Asset Management announced today the launch of John Hancock Asset-Based Lending Fund (the fund). The fund is subadvised by Marathon Asset Management (Marathon), a leading global credit investor with nearly 25 years of experience successfully investing across multiple sectors, including structured credit and asset-based lending (ABL), where it has deployed more than $20 billion over its history with approximately $23 billion in assets under management as of December 31, 2021.

Wells Fargo announced today that Kleber Santos has been appointed the company’s CEO of Consumer Lending, effective immediately. Santos will lead all aspects of Wells Fargo’s Consumer Lending business, including Home Lending, Auto, Credit Cards and Merchant Services, and Personal Lending.