Parker, Hudson, Rainer & Dobbs LLP is pleased to announce commercial finance attorney Kelley C. Gass has been admitted to the partnership as of January 1, 2022. Kelley is a member in the firm’s Commercial Finance practice group, representing national and regional banks and other financial institutions in a broad spectrum of secured lending transactions. Her work includes asset-based financings, syndicated loan facilities, healthcare financings, acquisition financings, and debtor-in-possession financings.

Celtic Capital provided a $500,000 accounts receivable line of credit and a $630,000 equipment loan to accomplish the company’s objectives.

Bitfarms Ltd. (NASDAQ: BITF // TSXV: BITF), a global Bitcoin self-mining company, secured a $100 million credit facility with Galaxy Digital LLC backed by Bitcoin (BTC).

Finitive, the leading data-driven private credit marketplace connecting borrowers with institutional investors, today announced it has hired Todd Stokes, PhD as its Chief Data Officer. In his new role, Dr. Stokes will lead the formation of an analytics organization to leverage third-party and proprietary data, machine learning and algorithms to advance and accelerate how investors gain access to, and lend to, private credit borrowers on the Finitive platform.

Aterian, Inc. (Nasdaq: ATER) (“Aterian”) announced today that it has signed an asset backed credit facility with MidCap Financial Trust (“MidCap”), which is managed by a subsidiary of Apollo Global Management, Inc. The credit facility has a three year term and gives Aterian access to up to $50 million in total credit, consisting of $40 million in commitments with an accordion facility of an additional $10 million.

CIT Group Inc. (NYSE: CIT) today announced that its Maritime Finance business provided $35.5 million to finance four commercial shipping vessels operated by Greenyield Shipping LLC.

Audax Private Debt announced that, as Administrative Agent and Sole Arranger, it provided a unitranche credit facility to support the acquisition of PracticeTek (or the “Company”) by investment funds affiliated with Lightyear Capital, a New York-based private equity firm focused on financial services.

Commercial Credit, Inc. (CCI), a Charlotte-based equipment and accounts receivable finance company and the parent company of Commercial Credit Group Inc. (CCG) and Commercial Funding Inc., announced today that it has acquired Keystone Equipment Finance Corp. Terms of the transaction were not disclosed.

MCAP Acquisition Corporation (“MCAP”) (Nasdaq: MACQ), a special purpose acquisition company sponsored by an affiliate of Monroe Capital LLC (“Monroe Capital”), today announced the completion of its business combination (the “Business Combination”) with AdTheorent Holding Company, LLC (“AdTheorent” or the “Company”), a leading programmatic digital advertising company using advanced machine learning technology and privacy-forward solutions to deliver measurable value for advertisers and marketers.

Simmons Bank (Simmons) announced today the creation of a new Corporate Banking Division. This new unit will provide Simmons Bank the ability to consolidate specialized lines of business loans aligning commercial and equipment finance, government and institutional banking, mortgage warehouse lending, commercial deposits, asset-based lending and structured real estate finance into a dedicated division.

Ares Management Corporation (“Ares”) (NYSE: ARES), a leading global alternative investment manager, announced today that its subsidiary, Ares Holdings L.P., has entered into a definitive agreement to acquire AMP’s PrivateMarketsCo Infrastructure Debt platform (“Infrastructure Debt”), one of the largest infrastructure debt investment platforms globally with approximately US$8 billion in assets under management, as of September 30, 2021.

FirstDigital Telecom ("FirstDigital" or "the Company"), a leading fiber-based carrier in the western United States, today announced that it has raise debt financing from a group of leading investors ("the lenders"), including AllianceBernstein, Deutsche Bank, Guggenheim and Webster Bank.

Arcutis Biotherapeutics, Inc. (Nasdaq: ARQT), a late-stage biopharmaceutical company focused on developing meaningful innovations in immuno-dermatology, today announced that it has obtained a $225 million term loan facility from funds managed by SLR Capital Partners (“SLR”).

P10, Inc. (NYSE: PX), a leading private markets solutions provider, today announced that it and certain of its subsidiaries, as guarantors, have entered into a $250 million credit facility with a syndicate of banks led by JPMorgan Chase Bank, N.A. and Texas Capital Bank.

On December 31, 2021 the New York State Department of Financial Services (“DFS”) announced that as final regulations have yet to be adopted by the DFS providing regulatory guidance regarding the standardized disclosures about the terms of credit to be provided under the State’s Commercial Finance Disclosure Law (“CDFL”) all obligations under the CDFL (which became effective on January 1, 2022) will not go into effect until the DFS has issued final regulations and these regulations take effect.

Harte Hanks, Inc. (HHS) (the "Company"), a leading global customer experience company, today announced that the company has obtained a new $25 million secured revolving line of credit with Texas Capital Bank. This new loan agreement will enhance the Company's strategic position and increase its financial flexibility.

The Financial Accounting Standards Board (FASB) today issued a proposed Accounting Standards Update (ASU) intended to help investors and other allocators of capital better consider the effect of supplier finance programs on a buyer’s working capital, liquidity, and cash flows. Stakeholders are encouraged to review and provide comment on the proposed ASU by March 21, 2022.

TI Consulting, Inc. (NYSE: FCN) today announced the appointment of Katy Quintanilla as a Managing Director in the Merger Integration and Carve-outs practice within the firm’s Corporate Finance & Restructuring segment.

Citizens M&A Advisory announced today that it served as the exclusive financial advisor to Air Conditioning Innovative Solutions (“ACIS”), a provider of commercial HVAC and other building services, on its sale to Atlantic Street Capital. ACIS provides maintenance, repair and retrofit services for HVAC, plumbing and building controls systems to commercial properties across Texas. ACIS was a portfolio company of Caltius Equity Partners, a Los Angeles-based private equity firm. Caltius will retain an equity stake in ACIS.

Pulse Seismic Inc. (TSX:PSD) (OTCQX:PLSDF) (“Pulse” or the “Company”) is pleased to announce it has renewed its revolving credit facility and extended the maturity date for two years to January 15, 2025. The facility’s available borrowing amount remains at $25.0 million and all other major terms, including financial covenants, are unaffected by the renewal. As of today, the balance drawn on the revolving credit facility is $1.4 million, leaving $23.6 million available.