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  • SLR Equipment Finance, Formerly known as Nations Equipment Finance, Expands its Business Development Capabilities and Announces that Tom Zettwuch has Joined the Company
    April 4, 2022
    SLR Equipment Finance is pleased to announce that Tom Zettwuch has joined the company as Senior Vice President of Business Development. In his role, Tom will be responsible for growing SLR Equipment Finance’s leasing and lending activities in the New Jersey and New York Metropolitan area. Tom brings over twenty-five years of large corporate equipment finance to SLR Equipment Finance.
  • ARI Global Hires Waterman to Promote Their Texas Presence
    April 4, 2022
    ARI Global, a leading specialty broker of trade credit insurance, is pleased to announce that Doug Waterman has joined the organization as vice president. In his new role, Waterman will coordinate directly with businesses and lenders to structure and develop unique solutions to transfer credit risks away from the company’s largest asset.
  • Gateway Trade Funding Provides a $975,000 Purchase Order Facility to an Outdoor Markets Company
    April 4, 2022
    An outdoor markets company executive had the opportunity to revive a well-known trademark. In taking over the company, he was underfinanced and lacked the working capital to take on large new orders to sustain and grow the business. With the help of a $975,000 purchase order facility from Gateway Trade Funding, the company could fill their orders and accept new orders.
  • HG Global Closes New $150 Million Credit Facility
    April 4, 2022
    White Mountains Insurance Group, Ltd. (NYSE: WTM) announced today that HG Global Ltd. ("HG") closed a new $150 million, 10-year term loan credit facility with Hudson Structured Capital Management Ltd, (conducting its re/insurance business as HSCM Bermuda) and Security Benefit Life Insurance Company.
  • Tiger Finance Provides $5.2 Million Financing Facility to Private Label HBC Company
    April 4, 2022
    Tiger Finance has closed on $5.2 million in financing for a private label health and beauty care products company in support of a brand-development program it is now undertaking for a national big-box retailer.
  • 1st Star Alacer LLC Welcomes Appraisal Expert to Expand Valuations Practice in North America
    April 4, 2022
    1st Star Alacer LLC, the advisory, auction and debt placement firm, announced that our new employee, John Matthies, has been named Managing Director of the North American Valuation team. This new employee appointment will facilitate targeted, high-touch service to North American clients of the company’s growing Valuations business.
  • Marathon Gold Closes US$185M Credit Facility for the Valentine Gold Project
    April 4, 2022
    Marathon Gold Corporation (“Marathon” or the “Company”; TSX: MOZ) is pleased to report that it has closed a 6.5 year US$185 million term loan credit facility (the “Facility”) with Sprott Private Resource Lending II (Collector-2) LP (“Sprott”).
  • 18 Partner Elite Nationwide Financial Restructuring Group Joins Paul Hastings
    April 4, 2022
    Paul Hastings LLP, a premier global law firm advising leading financial institutions, asset managers and corporations, significantly strengthened its position among elite Wall Street firms with today’s announcement that a high-profile team of 18 financial restructuring partners has joined its New York and Los Angeles offices.
  • Castlelake Names Deputy Co-Chief Investment Officers and Chief Operating Officer
    April 4, 2022
    Castlelake, L.P. ("Castlelake"), a global alternative investment manager with 17 years of experience investing in asset-rich opportunities, today announced it has named Joe McConnell and Isaiah Toback as Deputy Co-Chief Investment Officers and Brad Farrell as Chief Operating Officer.
  • Statkraft Signs EUR 1.3 Billion Sustainability-linked Revolving Credit Facility
    April 4, 2022
    Statkraft has signed a EUR 1.3 billion 5-year sustainability-linked syndicated revolving credit facility with two 1-year extension options. The facility replaces Statkraft’s existing syndicated revolving credit facility of NOK 9.2 billion which was signed in June 2016. Statkraft has a clear commitment to sustainability, and through its activities aims to create value for society, the environment and the company.
  • Missouri Financial Disclosure Bill Progresses
    March 31, 2022
    HB 2706, the Missouri financial disclosure bill, was voted out of Committee this week. To our satisfaction, the House version of this bill now exempts factoring, but the Senate bill does not.
  • Trimble Underscores Commitment to Sustainability with New Five-Year, $1.25 Billion Revolving Credit Facility
    March 31, 2022
    Trimble (NASDAQ: TRMB) announced today that it has entered into a new five-year, $1.25 billion revolving credit facility. This facility links two of Trimble's sustainability commitments—reducing greenhouse gas emissions and increasing gender diversity with more female representation in the workplace—to its financial liquidity framework and integrates sustainability performance into its business strategy. The new facility replaces Trimble's previous $1.25 billion revolving credit facility established in 2018.
  • Eastern Bank Welcomes Boston Battery LLC As An Asset-Based Lending Customer
    March 31, 2022
    Eastern Bank is pleased to announce Boston Battery LLC as a new asset based lending customer. Boston Battery is an independent, locally owned wholesale distributor of Interstate Batteries, North America’s market leading automotive battery brand for over 60 years. Boston Battery serves the southern New England market via its four retail locations and over 1,000 authorized dealers.
  • Celtic Capital Corporation Provides Funding for a California-based Powder Coating Job Shop
    March 31, 2022
    Celtic Capital was called in to provide replacement financing and additional working capital for the Company’s anticipated growth in 2022. Celtic provided a $1,250,000 accounts receivable line of credit and a $250,000 inventory line of credit to meet the Company’s objectives.
  • J D Factors Announces Factoring Facilities
    March 31, 2022
    J D Factors announced it has provided the following factoring facilities: $500,000 to a transportation company in Georgia; $250,000 to a transportation company in California; $200,000 to a transportation company in Pennsylvania and $75,000 to a transportation company in Ontario.
  • CIT Provides $35.6 Million for Acquisition of Two Massachusetts Residential Complexes
    March 31, 2022
    CIT, a division of First Citizens Bank, today announced that its Real Estate Finance business provided $35.6 million for the acquisition of two multifamily residential properties in the North Shore area of Massachusetts. The Heights at Haverhill, located in Haverhill, Massachusetts, and the Thorndike Exchange in nearby Lowell, Massachusetts, comprise 107 residential rental units with accompanying office and retail space on the ground floor.
  • H.I.G. Capital Expands Senior Infrastructure Team with the Addition of Antonio Botija and George Watts
    March 31, 2022
    H.I.G. Capital, LLC ("H.I.G."), a leading global alternative investment firm with $48 billion of capital under management, is pleased to announce the expansion of its dedicated Infrastructure team with the addition of Antonio Botija as a Managing Director in H.I.G.’s London office and George Watts as Managing Director in H.I.G.’s New York office.
  • Womble Bond Dickinson Adds Capital Markets Duo in Washington
    March 31, 2022
    Experienced financial services and capital markets attorneys Laura E. Hoag and Joseph J. Ricotta have joined the firm’s Washington office as partner and of counsel, respectively. Laura focuses her practice on domestic and international financings, debt restructurings, and commercial business transactions; Joe focuses his practice on transactional law and debt finance.
  • White & Case Continues to Expand Its Private Credit Capabilities with the Addition of Jessica Ball and Jessica Shearer as Partners in Boston
    March 30, 2022
    Ball and Shearer advise private credit providers, including senior lenders, business development companies, mezzanine funds, small business investment company funds, insurance companies and sovereign wealth funds, on a wide range of financing structures across a variety of industries.
  • iRhythm Technologies Announces Amendment to Term Loan Agreement
    March 30, 2022
    iRhythm Technologies, Inc. (NASDAQ: IRTC), a leading digital healthcare solutions company focused on the advancement of cardiac care, announced it has amended its existing debt facility with Silicon Valley Bank (the “Amended Credit Facility”). The agreement improves upon the pricing and terms of iRhythm’s existing credit facility (“Existing Credit Facility”).