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  • Banc of California Hires Guillaume de Chalendar as SVP, Head of Media & Entertainment
    January 26, 2022
    Banc of California, Inc. (NYSE: BANC) today announced that its wholly-owned subsidiary, Banc of California, N.A., California’s leading relationship-focused business bank, has hired Guillaume de Chalendar in the new position of SVP, Head of Media & Entertainment.
  • Audax Private Debt Provides Financing to Support CIVC Partners’ Acquisition of InnovateMR
    January 26, 2022
    Audax Private Debt announced that, as Administrative Agent and Lead Arranger, it provided a unitranche credit facility to support CIVC Partners’ (“CIVC”) investment in InnovateMR (or the “Company”). Headquartered in Calabasas, CA, InnovateMR is one of the fastest growing providers of tech-enabled survey and sampling services to market research agencies, consulting firms, and corporations.
  • Blank Rome Welcomes Prominent Energy Finance Partner David E. Kronenberg
    January 26, 2022
    Blank Rome LLP is pleased to announce that David E. Kronenberg has joined the firm as an energy finance partner in the Finance, Restructuring, and Bankruptcy practice group and as a member of the firm’s cross-practice Energy Industry Team, and will be based in the firm’s Washington, D.C., and Cincinnati, OH, offices.
  • Horizon Technology Finance Leads $50 Million Venture Loan Facility to FinTech and InsurTech Innovator, Autonomy
    January 26, 2022
    Horizon Technology Finance Corporation (NASDAQ: HRZN) ("Horizon"), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries, announced today that on December 14, 2021 it led a $50 million venture loan facility to Nextcar Holding Company, Inc. dba Autonomy, a completely digital mobility offering that provides consumers with an affordable way to get access to a vehicle without long-term debt or commitment.
  • CIT Arranges Senior Credit Facility for FPA WhiteHawk III
    January 26, 2022
    CIT, a division of First Citizens Bank, today announced that its Asset-Based Lending business arranged a senior secured credit facility for FPA WhiteHawk III-Plus Master Fund L.P. (the "FPA WhiteHawk Fund" or the "Fund") to facilitate the Fund's investments.
  • LSQ Provides $15MM Facility to South Florida Food Distributor to Support Growth
    January 25, 2022
    LSQ, a leading provider of working capital and payments solutions, recently originated a $15 million credit facility to a new client. The client, a Florida-based food and beverage distributor, provides seafood and beverages to the cruise ship industry and required increased cash flow to help grow its business.
  • Rosenthal Provides $2.5 Million Asset Based Lending Facility For Florida-Based Video Interpretation Technology Company
    January 25, 2022
    Rosenthal & Rosenthal, Inc., the leading factoring, asset based lending and purchase order financing firm in the U.S., today announced the completion of a $2.5 million asset based lending deal to support the growth capital needs of a company specializing in video remote interpretation technology.
  • SFNet Submits Response to SBA’s COVID EIDL Program's Subordination Process
    January 25, 2022
  • FocalPoint Advises Canyon Plastics on its Sale to VPET USA
    January 25, 2022
    Canyon Plastics, Inc. (“Canyon” or the “Company”), has been acquired by VPET USA, LLC (“VPET”), a portfolio company of Graham Partners (“Graham”). FocalPoint Partners ("FocalPoint") served as exclusive financial advisor to Canyon.
  • ABA Credit Conditions Index: Credit Market Expectations for Businesses and Consumers Confirm Solid Economic Outlook
    January 25, 2022
    Bank economists expect credit conditions to continue improving for both consumers and businesses over the next six months, according to the American Bankers Association’s latest Credit Conditions Index released today.
  • Texas Capital Bank Names John W. Cummings as Chief Administrative Officer
    January 25, 2022
    Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank (“the Bank”), today announced that John W. Cummings will serve in the newly created role of Executive Vice President, Chief Administrative Officer, effective January 21, 2022.
  • Sallyport Canada Provides $250,000 Funding Boost for Canadian Apparel Manufacturer
    January 25, 2022
    Sallyport Canada is pleased to announce a $250,000 invoice factoring facility for a manufacturer of protective workwear and technical apparel. The client was referred to Sallyport by its broker network when their facility was ‘capped’ by the bank and they needed an alternative source of working capital to support their growth ambitions. The facility will enable this passionate business owner to expand the company into new provinces.
  • TAB Bank Provides Foundry in New York with a $7 Million Asset-Based Credit Facility
    January 25, 2022
    TAB Bank is pleased to announce it has provided a foundry in New York with a $7 million asset-based credit facility. The new facility is based on a multi-year agreement and will provide for the company’s ongoing working capital needs.
  • F.N.B. Corporation Completes Merger with Howard Bancorp, Inc.
    January 25, 2022
    F.N.B. Corporation (NYSE: FNB) announced today that it successfully completed its merger with Baltimore, Maryland-based Howard Bancorp, Inc. (Howard) on January 22, 2022. The customer and branch branding conversion is scheduled to be finalized on February 7, 2022.
  • 2022 Signals "Regime Change" for Markets and Corporates, MUFG Says
    January 25, 2022
    The Capital Markets Strategy team at Mitsubishi UFJ Financial Group (MUFG) released its annual outlook to C-suite executives analyzing how corporate strategy is transitioning to a post-pandemic world in 2022 amid rising interest rates, a pivot to tightening in monetary and fiscal policy, and the prospect of higher volatility.
  • Helping Small Businesses Thrive: Regions Bank Launches Commercial Business Development Team
    January 25, 2022
    Regions Bank on Monday announced the launch of a Commercial Business Development team focused specifically on helping small businesses build customized plans for financial success. The new team complements Regions’ extensive Commercial Banking Solutions group and is led by experienced banking veteran Jordan Baxter, senior vice president in Regions Commercial Banking.
  • Ropes & Gray Expands Capital Solutions Bench and New Los Angeles Team with Partner Jennifer Harris
    January 25, 2022
    Jennifer Harris, a seasoned special situations finance attorney, joined Ropes & Gray today as a partner in the firm’s growing global capital solutions & private credit group. The team strategically advises clients in complex debt and equity transactions including bespoke financing and distressed credit situations.
  • J.P. Morgan Announces New Private Equity Team Focused on Sustainable Growth, First Strategy to Target Investments in High Growth Private Climate Companies
    January 25, 2022
    J.P. Morgan Asset Management today announced a new sustainability-focused growth private equity investment team. The team will launch its first private equity strategy focused on investing in growth-stage private companies that drive resource efficiency and climate adaptation solutions across a range of industries. J.P. Morgan is anchoring the team's first investment strategy with an investment of up to $150 million, one of its largest capital commitments ever made into an alternative investment strategy.
  • Wingspire Capital Exceeds $1 Billion In Commitments After Just Two Years Of Operations
    January 25, 2022
    Wingspire Capital LLC (“Wingspire”) achieved a milestone of exceeding $1 billion in commitments in just its second year of operations as it provided more than $600 million in senior secured financing commitments for 2021. Wingspire’s 2021 transactions ranged in size from $40 million to $200 million and included tailored “one-stop” financing solutions such as revolving lines of credit, cash flow loans, fixed asset term loans and other hybrid financing solutions.
  • Aeon Investments Appoints Industry Veteran to Investment Team
    January 25, 2022
    Khalid Kahn has joined Aeon Investments, the London based credit-focused investment company, as a Managing Director in the investment team. With more than 20 years of experience, Khalid joins Aeon from Federated Hermes International where he was Senior Credit Structurer in the Fixed Income Group responsible for managing structured credit portfolios comprising regulatory capital trades and CLOs.
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