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  • TAB Bank Provides Hammond’s Candies of Denver with a $7.5 Million Asset-Based Credit Facility
    September 15, 2021
    TAB Bank is pleased to announce it has entered into a multi-year agreement with Hammond’s Candies to provide a revolving credit facility of $7.5 million. The facility will be used to support the company’s working capital needs as it continues to grow and expand the reach of its portfolio of gourmet chocolates, hard candies, and other snacks and confections.
  • AFC Gamma Expands Existing Senior Secured Credit Facility With Devi Holdings, Inc. by $30 Million
    September 15, 2021
    AFC Gamma, Inc. (NASDAQ:AFCG) (“AFC Gamma”) today announced it has expanded its senior credit facility by $30 million to Devi Holdings Inc., doing business as Nature’s Medicines, a multi-state operator headquartered in Phoenix, Arizona. The credit facility is designed to provide Nature’s Medicines with additional capital to complete strategic acquisitions and further expand its existing business operations.
  • Haynes Boone Wins Prestigious Restructuring Award for Work on Tuesday Morning Corporation Bankruptcy
    September 15, 2021
    A Haynes and Boone, LLP team led by Partner Ian Peck has been honored by the Turnaround Management Association (TMA) for its representation of Tuesday Morning Corporation in its successful reorganization and emergence from Chapter 11. Haynes Boone received the 2021 Large Company Turnaround/Transaction of the Year Award. The TMA Turnaround and Transaction Awards, among the most well known in the restructuring industry, are chosen based on a rigorous peer-review process by the volunteer TMA Awards Committee.
  • Gordon Brothers Partners with Nomura to Structure $190M Asset-Based Lending Facility to Support National Group Refinance
    September 15, 2021
    Gordon Brothers, the global advisory, restructuring and investment firm, in partnership with global financial services group Nomura, has structured, arranged and participated in a $190 million syndicated facility to support Australian heavy earthmoving equipment company National Group’s refinancing of its existing debt facilities.
  • Sterling National Bank Provides Full-Service Facility Of $500,000 To Workforce Dental
    September 15, 2021
    Sterling National Bank's Commercial Services Group provided a full-service facility totaling $500,000 to WORKFORCE Dental Staffing Solutions, Inc. The credit facility will be used to support working capital needs, payroll processing and back-office services. WORKFORCE Staffing is a start-up and US affiliate of WORKFORCE Staffing Solutions LTD, an established, Canadian staffing company operating for 23 years, specializing in staffing for the dental industry.
  • Monterey Financial Services Acquires Continental Central Credit, Solidifying Their Position as a Leader in Debt Recovery Solutions
    September 15, 2021
    Monterey Financial Services and Continental Central Credit are both distinguished companies that have been servicing clients for decades in the delinquent debt recovery space. For over thirty years, Monterey has provided receivable purchasing, servicing, and delinquent debt recovery solutions, providing superior options for businesses wanting to create and maximize their alternative financing options.
  • IDS Named in IDC FinTech Top 100 Rankings List
    September 15, 2021
    IDS, a leading provider of mission-critical enterprise solutions for secured finance, announced it was named one of the top 100 financial technology providers in the world by IDC Financial Insights, ranking 69th on the 2021 IDC FinTech Rankings. The 18th annual vendor ranking recognizes the world's leading hardware, software, and service providers to the financial services industry.
  • Hilco Global Mexico Appointed Primary Servicer of Major Payroll Loan Company in Mexico
    September 14, 2021
    In recent weeks, Hilco Terracota, a subsidiary of Hilco Global and Hilco Global Mexico, was appointed as the Primary Servicer of one of the major Payroll Loan Companies in Mexico and Colombia (the “Company”). The Company has recently filed for Chapter 11 Bankruptcy in the US and Mexico and is undergoing a major restructuring process.
  • SLRBC Provides Expanded Credit Facility to Gordon Lumber
    September 14, 2021
    Gordon Lumber is a building products supplier and component manufacturer headquartered in Ohio and was originally formed in 1868. The new financing arrangement enhances Gordon’s ability to service the growing needs of its residential and commercial pro builders.
  • Gerber Finance Provides $10MM Line of Credit to NorthCape International
    September 14, 2021
    Gerber Finance, the leading finance partner for companies experiencing accelerated growth, today announced a $10MM line of credit to NorthCape International, a prominent manufacturer and wholesale distributor of outdoor furniture. The deal was made under Gerber Finance’s Gerber+ division, which provides customized services to businesses seeking funding ranging from $10 to $25 million.
  • FocalPoint Advises Choozle on its Growth Investment from Boathouse Capital
    September 14, 2021
    Choozle, Inc. (“Choozle” or the “Company”), an industry-leading self-service digital advertising software platform, has announced the successful closing of a growth investment from Boathouse Capital (“Boathouse”). FocalPoint Securities, LLC (“FocalPoint”) served as Choozle’s exclusive financial advisor on the transaction.
  • PKF O’Connor Davies Welcomes Clear Thinking Group, LLC
    September 14, 2021
    PKF O’Connor Davies, LLP, one of the nation’s largest accounting, tax, and advisory firms, announced today that Clear Thinking Group, LLC, an award-winning national bankruptcy and restructuring consultancy based in Hillsborough, NJ, has joined the Firm. The company, which has spent the past two decades supporting clients at various stages of their life cycle with personalized, practical, and actionable solutions, joins the PKF O’Connor Davies team as PKF Clear Thinking, LLC.
  • SG Credit Provides $4.0 Million SaaS Acquisition Facility
    September 14, 2021
    SG Credit provided a $4.0 million SaaS acquisition facility to a corporate travel and entertainment software, data integration, and business intelligence (BI) provider for large enterprises and travel management companies. The buyer was an enterprise software operating company backed by private equity.
  • Horizon Technology Finance and Trinity Capital Provide $40 Million Venture Loan to Nexii
    September 14, 2021
    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, along with lending partner Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of debt and equipment financing to growth stage companies, announced today that they provided a $40 million venture loan to Nexii Building Solutions Inc. ("Nexii"),
  • BankProv to Scale Digital Asset Lending with Expansion of Specialty Lending Team
    September 14, 2021
    BankProv, an innovative, commercial bank that finds solutions for business and private clients, is expanding its Specialty Lending team to include Ryan Fox, Assistant Vice President, Specialty Lending, as the Bank pushes its full-service offering for the cryptocurrency community to the next level.
  • BHI Appoints James Lee as SVP, Head of California C&I, and Kevin Kim as FVP, Relationship Manager
    September 14, 2021
    BHI, a full-service commercial bank, announced two strategic hires in California, both based in the firm’s Los Angeles Representative Office. James (Jimmy) Lee has been appointed Senior Vice President and Head of California Commercial & Industrial, overseeing the bank’s California C&I team providing financial solutions to West Coast C&I clients. Kevin Kim has been appointed First Vice President and Relationship Manager for the California C&I team.
  • Pacific Western Bank Announces Credit Facility To Truvian Sciences
    September 14, 2021
    Pacific Western Bank today announced it has provided a $25 million debt facility to existing client, Truvian Sciences (“Truvian”), a healthcare company paving the way in the blood testing industry with its automated diagnostic system that provides lab-accurate results at point-of care. The company will utilize the facility to accelerate growth initiatives and to further advance the development of its automated benchtop blood testing system.
  • Crestmark, the Commercial Finance Division of MetaBank®, Provides More Than $23.6 Million in Commercial Financing to 59 Businesses in the Second Half of August
    September 13, 2021
    Crestmark, the Commercial Finance Division of MetaBank®, N.A., secured a total of $3,550,000 in ABL/factoring financial solutions for eight new clients; Crestmark Equipment Finance provided $6,484,462 in four new transactions; Crestmark Vendor Finance provided $4,413,415 in 43 new transactions; and the Government Guaranteed Lending group provided $9,250,000 in financing for four new clients in the second half of August.
  • MidCap Financial Closes Senior Secured Credit Facility to Rand McNally
    September 13, 2021
    MidCap Financial, a leading commercial finance company focused on middle market transactions, today announced it has provided a senior secured credit facility, comprising an asset-based revolving line of credit and term loan to Rand McNally (“Company”). Proceeds from the MidCap credit facility will be used as growth capital and to provide for the business’ ongoing working capital needs.
  • ABC Carpet & Home Files Chapter 11
    September 13, 2021
    ABC Carpet & Home, the four-story retail showroom based in Manhattan’s Flatiron District since 1897, is selling all of the company’s assets to 888 Capital Partners, a consortium of investors
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