The company manufactures and distributes certified kosher ravioli, gnocchi, pizza, desserts, ice cream, and other food products made in Italy. This client was brought in by Hedaya Capital’s new business development officer Irwin “I.D.” Dayan; who comes to Hedaya with 15 years’ experience serving as the executive director of Exceed Network, a premier community-based business advisory and assistance organization. Now at Hedaya Capital, Irwin is assisting rapidly growing companies with factoring and financing solutions.

The trade credit insurance ecosystem loses over a billion dollars annually due to process inefficiencies, lack of transparency, and human error. InBlock Digital Policy Management leverages blockchain technology, AI, and machine learning, allowing market participants to reduce risk, increase efficiency, and scale through automation.

The acquisition is subject to customary closing conditions, including regulatory approvals and approval by TriState Capital shareholders, and is expected to close in 2022. Advisors to Raymond James are Raymond James & Associates as financial advisor and Sullivan & Cromwell LLP as legal counsel. Advisors to TriState Capital are Stephens Inc. as financial advisor and Mayer Brown LLP as legal counsel.

Gerber Finance, an eCapital company and the leading finance partner for companies experiencing accelerated growth, today announced the closing of a $8MM line of credit to Humm Kombucha, maker of probiotic kombucha drinks.

Axis Auto Finance Inc. ("Axis" or the "Company"), (TSXV: AXIS) a fintech lender servicing the alternative auto finance market, announced a $15 million strategic investment (the "Offering") by NowLake Technology, LLC ("NowLake"), the fintech parent company of Westlake Technology Holdings and Nowcom Corporation.

Locus Biosciences, Inc. (“Locus”), a clinical-stage biotechnology company developing a new class of precision engineered bacteriophage treatments for a diverse set of bacterial and inflammatory diseases, today announced that the company has entered a credit facility of up to $25 million with Hercules Capital, Inc. (NYSE: HTGC), a specialty financing lender for life science and technology companies.

Winston & Strawn represented Founder SPAC (NASDAQ: FOUNU) (the “Company”) in its initial public offering of 31,625,000 units, including 4,125,000 units issued pursuant to the full exercise of the underwriters’ over-allotment option, at a price of $10.00 per unit. The units are listed on The Nasdaq Stock Market LLC (“Nasdaq”) and began trading under the ticker symbol “FOUNU” on October 15, 2021.

Winston & Strawn represented Experity Ventures LLC, as sponsor, and TVEST 2021A, LLC, as issuer, in connection with a $38,850,000 144A securitization of litigation funding receivables and medical receivables.

Miami-based fintech Marco, fueled by its recent financing round in mid-July, is generating significant growth. Marco’s $11.5MM dollar deal with MV Communications Group (MV), a company based in Doral, Florida, was just the cherry on top of a hugely successful quarter. An international electronics & accessories distributor, MV has clients throughout the U.S. and Latin America, and needed capital for continued growth. The credit line Marco provided is forecasted to expand quickly based on the business foreseen in the short term.

The client was referred to Sallyport via its partner in the banking industry. They were experiencing accelerated growth and with long payment cycles, this caused some cash flow issues which saw them looking for a finance partner to help them make their payroll, invest into new areas and be able to compete for bigger contracts. The client will now use the funds to pay suppliers, meet payroll and make capital investments which will fuel their growth across states and enable them to take on the larger contracts that they weren't able to previously.

Synergy One Lending, Inc., based in San Diego, CA, announced it has completed a $50 million corporate note financing with a consortium of institutional investors. The company intends to accelerate its investment in the growth of its distributed retail and consumer direct channels, technology and partnership development, as well as its servicing portfolio.

Global law firm Greenberg Traurig, LLP has expanded its award-winning Corporate Practice with the addition of Tamara Rizkalla as a shareholder in the Washington, D.C. office. Rizkalla joins the firm from McGuireWoods. Rizkalla will focus her practice on health care industry transactions, regulatory, and compliance matters.

Monroe Capital LLC today announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the recapitalization of Health Network One (“HNO”) by private equity sponsor, H.I.G. Capital, LLC.

Bank of America today announced its current portfolio of loans, deposits and investments to Community Development Financial Institutions (CDFIs) now exceeds $2 billion. This includes approximately $100 million in deposits to minority depository institutions (MDIs) and investments of nearly $36 million of equity in 21 MDIs as part of the company's recent commitment of up to $50 million.

Commercial Credit Group Inc. (CCG), an independent commercial equipment finance company, today announced the closing of a 144a privately-placed term asset-backed security (ABS) transaction. The $319,395,000 financing was placed with a broad group of fixed income investors, representing 24 unique institutions. JP Morgan Securities LLC served as Structuring Agent and Lead Bookrunner for the placement.

CIT Group Inc. (NYSE: CIT) today announced that the Industrial group within its Equipment Finance business has provided about $4.4 million in financing toward the acquisition of multiple pieces of heavy equipment. The equipment consists primarily of yard loaders and articulated dump trucks, which the client is using to upgrade its fleet of heavy equipment.

With the support of the USDA, NAC provided a $12.73 million government-guaranteed loan to supply Lynx with the funding it needed to take its operations to the next level. This loan is another remarkable example of the strength of the public-private partnership between the USDA and NAC, and the powerful impact companies like Lynx are having on Americans living and working in rural communities.

Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce the following recent activity in its private loan portfolio. During the third quarter of 2021, Main Street originated approximately $99.3 million in new private loan commitments across six new borrowers and funded total investments across its private loan portfolio with a cost basis totaling approximately $119.7 million.

Under the SL RCF the price paid by Teck will increase or decrease based on the company’s performance in reducing carbon emissions, improving health and safety, and strengthening gender diversity in its workforce. The new credit facility matures in October 2026, extending the previous facility by two years. The principal amount outstanding as of October 18 was US$198 million as compared to US$502 million as of June 30, 2021, and it is expected to be at zero by end of October 2021.

ByzFunder, the leading non-bank Fintech company, announced a significant upsizing of existing financing from strategic partner Old Hill Partners of up to $40 million. This financing round comes as a substantial increase from Old Hill Partners' first facility of $12 million in 2020.