Gerber Finance, the leading finance partner for companies experiencing accelerated growth, announced new funding for Honey Stinger, maker of sports nutrition products for athletes of all kinds. The deal was structured based on ecommerce and intellectual property and completed under the Naturally Gerber Finance division, which serves companies in the natural products space.

Sallyport has expedited the expansion of an Ontario advertising company this week with $250,000 in accounts receivable financing. The funds will be used by the client to service their ongoing working capital requirements whilst giving them the additional capacity they require to grow the business into new markets.

Nomad Royalty Company Ltd. ("Nomad" or the "Company") (TSX: NSR) (OTCQX: NSRXF) is pleased to announce that it has secured commitments with The Bank of Nova Scotia ("Scotia"), Canadian Imperial Bank of Commerce ("CIBC") and The Royal Bank of Canada ("RBC") to increase its revolving credit facility ("Increased Facility") to US$125 million with the option to increase to US$150 million, subject to satisfaction of certain conditions.

Ascend Wellness Holdings, Inc. ("AWH" or the "Company") (CSE: AAWH.U) (OTCQX: AAWH), a leading multi-state, vertically integrated cannabis operator, today announced it has closed on a US$210 million Senior Secured Term Loan (the "Term Loan") with Seaport Global Securities LLC as lead manager. AWH intends to use the proceeds to (i) repay substantially all of the Company's debt excluding approximately US$12 million of outstanding acquisition payments with near zero interest rates, (ii) finance the Company's pending investment in MedMen NY, Inc. and (iii) support the Company's future growth and acquisition initiatives.

Republic First Bancorp, Inc. (NASDAQ: FRBK), the holding company for Republic Bank, today announced that its subsidiary, Republic Bank, named Peter Musumeci as the Market President for Metro New York, including New York City, Long Island, Westchester County and Northern New Jersey.

Seacoast Banking Corporation of Florida (“Seacoast”) (NASDAQ: SBCF), the holding company for Seacoast National Bank (“Seacoast Bank”), announced today that it has entered into two separate definitive agreements to acquire Sabal Palm Bancorp, Inc. (“Sabal Palm”), parent company of Sabal Palm Bank based in Sarasota, FL and Business Bank of Florida, Corp. (“BBFC”), parent company of Florida Business Bank based in Melbourne, FL.

Abacus Finance Group, LLC – a leading provider of cash flow-based, classic senior debt for sponsor-led buyouts of companies – today announced that it served as Senior Secured Credit Facilities Administrative Agent and Lead Arranger for senior secured credit facilities to support the growth recapitalization of Kymanox Corporation by WestView Capital Partners. Abacus also made an equity co-investment in Kymanox.

GTCR, a leading private equity firm, announced today the promotion of John D. Kos to Managing Director. Mr. Kos initially joined GTCR in 2006. He was promoted to Vice President in 2011 and Principal in 2017. Among his many contributions to the firm and its limited partners, Mr. Kos has led GTCR's growth initiatives at several instrumental healthcare investments, including Antylia Scientific, Cedar Gate Technologies and Transaction Data Systems, and he also works closely with Water's Edge/Riverchase Dermatology.

Gordon Brothers, the global advisory, restructuring and investment firm, has successfully sold the majority of the machinery and equipment from the Honda of the UK Manufacturing Swindon plant to a single buyer and has launched the online auction for the exclusive Honda’s Synchro Motorsport team assets.

Pending before New York’s highest state appellate court is a secured lender’s request for review of a problematic set of rulings that threaten to impose unique obligations on loans securing obligations with the borrower’s accounts. In that case (Worthy Lending, LLC v. New Style Contractors, Inc.) an account debtor challenged the secured lender’s attempt to enforce an assignment of the right to directly collect accounts on the ground that the assignment did not meet formalities required for assignments under New York law.

NuBridge Commercial Lending, a national commercial real estate bridge lender, entered a $73.5 million 36-month revolving credit facility with a syndicate of banks, with Cadence Business Finance serving as agent. The bank group also includes Sunflower Bank, Congressional Bank and Dominion Bank.

Santander Holdings USA (“SHUSA” and “Santander”) today announced that Ashwani Aggarwal has been named Chief Risk Officer, effective today, August 24, 2021. Aggarwal will report to Santander US CEO Tim Wennes. Ashwani joined Santander in 2019, and most recently served as Head of Risk Analytics & Chief Model Risk Officer.

B. Riley Financial (NASDAQ: RILY) (“B. Riley”), a diversified provider of business advisory and financial services, today announced that Nick Disimile has joined B. Riley Advisory Services as Director of Business Development supporting the Southwest region.

Ballard Spahr represented Visible Supply Chain Management in its acquisition by integrated container logistics company A.P Moller-Maersk, the world’s largest container shipping and vessel operator.

Supporting the company’s growth strategy and strengthening its commitment to be a leader in sustainability, Southwire has completed collaborations with its bank lenders to integrate a sustainability-linked pricing mechanism into the renewal of its five-year, $1 billion Asset Based Loan (ABL).

The RSM US Middle Market Business Index (MMBI), presented by RSM US LLP ("RSM") in partnership with the U.S. Chamber of Commerce, increased from 133.6 in the second quarter to 145.5 in the third quarter of 2021. The data revealed that business conditions point to continued robust economic growth, rising revenues and net earnings during the third quarter and going forward over the next six months despite pricing pressures. This is the best reading for the index since its inception in 2015.

MONTICELLOAM, LLC and its affiliates (“Monticello”), a specialized private healthcare and asset-based lender, asset manager and servicer, announced it has provided $58.13 million in first lien debt financing for the refinance of five skilled nursing facilities consisting of 607 beds in Florida.

Bank of America today announced the retirement of Anne Finucane, Vice Chairman, and Thomas Montag, Chief Operating Officer and president of Global Banking and Markets, after many years of distinguished service. Both executives are members of the company’s executive management team and report to Chairman and Chief Executive Officer Brian Moynihan. Finucane and Montag will remain in their roles until the end of 2021.

Funding the dreams of ordinary people in becoming successful business owners is part of the Sallyport heritage and there's little more rewarding. Sallyport is delighted to be able to provide a $250,000 invoice factoring facility which lays the foundation for a skillful employee to realize his dreams of business ownership.

J D Factors announced it provided the following factoring facilities: $100,000 to a transportation company in Alberta; $500,000 to a transportation company in Illinois; $100,000 to a transportation company in Alabama; $75,000 to a transportation company in New Brunswick...