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  • Creative Energy Establishes Green Loan Financing
    October 14, 2021
    Creative Energy Developments LP (“Creative Energy” or the “Company”), a leading owner and operator of district energy systems in North America, has closed a $53 million credit facility, which includes the refinancing of $28 million of existing debt and a new $22 million green loan facility, led by HSBC Bank Canada and Toronto-Dominion Bank. HSBC acted as the green loan coordinator for the financing.
  • Cornerstone Business Credit Announces the Addition of Jacen Dinoff
    October 14, 2021
    Jacen has more than 25 years of experience as a lender and in the business advisory turnaround field. He is CEO and founder of KCP Advisory Group, a well-known and highly regarded national practice. His broad knowledge in the specialty finance business makes him a substantial asset to Cornerstone.
  • AppLovin Announces Plan to Raise New $1.5 Billion Term Loan
    October 13, 2021
    JPMorgan Chase Bank, N.A. (“JPM”) and KKR Capital Markets LLC (“KCM”) (together, the “Lead Arrangers,” each in such capacity, a “Lead Arranger”) will act as a joint lead arranger and bookrunner.
  • Maxim Commercial Capital Funded Deals in 32 States During Q3 2021
    October 13, 2021
    Maxim Commercial Capital (“Maxim”) saw increased demand across all lending programs during the third quarter 2021. Contractors nationwide are purchasing heavy equipment in response to a surge in infrastructure projects and the active construction industry.
  • Fast AR Funding Provides a $200,000 Selective Factoring Facility for Healthcare Staffing Company
    October 13, 2021
    Fast AR Funding provides a quick factoring facility for a rapidly growing staffing company during the pandemic.
  • Briar Capital Real Estate Fund Announces $6.75 Million Real Estate Term Loan
    October 13, 2021
    Briar Capital Real Estate Fund ("BCREF") (www.BriarCapital.com) is pleased to announce a new $6.75MM real estate term loan to a toy manufacturer and distribution company located in the Northeast United States. The COVID Pandemic had created challenges with the company’s retail distribution network as many of the stores supplying their product experienced closures, some permanently.
  • B. Riley’s GA Global Partners to Lead Public Auction of Items from Historic Wardman Park Hotel in Washington D.C. on October 27 and 28, 2021
    October 13, 2021
    GA Global Partners, the wholesale and industrial subsidiary of B. Riley Retail Solutions, today announced it will conduct a public auction of the contents of the Wardman Park Hotel in Washington, D.C. in connection with the recent closure of the landmark hotel. The two-day event takes place on Wednesday October 27 and Thursday October 28, 2021.
  • Eastern Bank Welcomes The GEM Group, Inc. As An Asset Based Lending Customer Provides Financing for Working Capital and Real Estate
    October 13, 2021
    Eastern Bank is pleased to announce The GEM Group, Inc. as a new asset-based lending customer. Founded in 1958, The GEM Group, which goes to market under the brand name Gemline, is an award-winning supplier of high-quality branded products to the promotional products industry.
  • Citizens Advises CLC Northwest Inc. on Sale of 24 Taco Bell Restaurants
    October 13, 2021
    Trinity Capital, a division of Citizens Capital Markets, Inc., served as the exclusive financial advisor to CLC Northwest, Inc., and affiliates, a Taco Bell and KFC franchisee with 43 restaurants in Washington, Idaho and Montana. CLC Northwest sold its 18 Eastern Washington and six Billings, Montana, area Taco Bell restaurants, including the underlying real estate at seven locations.
  • Mira Srinivasan Joins BlueVine's Growing Leadership Team as Chief Risk Officer
    October 13, 2021
    BlueVine, the leading provider of innovative financial services for small businesses, today announced the appointment of Mira Srinivasan as its Chief Risk Officer. In this position, Mira will build on the strong foundation of BlueVine's current Risk team and further improve underlying policies, customer experience, and risk models and underwriting. She will report to Steve Allocca, COO at BlueVine.
  • PNC Achieves National Expansion With Conversion Of BBVA USA Completion of Largest Conversion in Bank's History
    October 13, 2021
    The PNC Financial Services Group, Inc. (NYSE: PNC) today announced it has completed the conversion of 2.6 million customers, 9,000 employees and nearly 600 branches across seven states from BBVA USA to PNC Bank.
  • Ampla Secures $250 Million Commitment to Accelerate Growth of Tech-Enabled Lending Platform
    October 13, 2021
    Ampla Technologies (together with its affiliates, “Ampla” or the “Company”), a leading provider of tech-enabled financing solutions for emerging consumer brands, today announced it has raised $250 million through its entry into a credit facility agreement with Atalaya Capital Management LP (“Atalaya”), a New York-based alternative asset management firm.
  • Alternative Finance Network Announces Groundbreaking M&A Financing For Cannabis Companies
    October 13, 2021
    Alternative Finance Network (AFN), an independent financing network serving cannabis and hemp companies in the U.S. and Canada, announced today that it is bringing new Merger & Acquisition (M&A) financing options to cannabis companies as the M&A market continues to soar in the cannabis space.
  • Monroe Capital Supports the Merger of Recycled Plastics Industries, LLC and Highwood USA, LLC
    October 13, 2021
    Monroe Capital LLC (“Monroe”) today announced it acted as administrative agent and sole lead arranger on the funding of a senior credit facility to support the merger of Recycled Plastics Industries, LLC (“RPI”) and Highwood USA, LLC (“Highwood”) by private equity sponsors, Kaho Partners and Nassau Point Investors. The company will operate under the name Premier Outdoor Living.
  • Access Capital Closes $5 Million Facility with TPS
    October 13, 2021
    Transformative Pharmaceutical Solutions (“TPS”) is a specialized provider of human capital and proprietary software solutions for the management and execution of clinical trials to the pharmaceutical industry. TPS was founded in 2015 by Daniel Perlman, who has an established track record of building industry-leading companies and pioneering innovative solutions to the clinical trial practice.
  • Winston & Strawn LLP Represents Triple-S Steel
    October 13, 2021
    Winston & Strawn LLP represented Triple-S Steel, a Houston-based steel service center that provides steel products and steel fabrication services to customers in North America, Central and South America, and Asia, in connection with its acquisition of BMG Metals, a distributor of steel and aluminum and associated metal processing services, from Descours and Cabaud Inc., a French Industrial and Steel Distributor.
  • King & Spalding Adds Six Partners to its Global Human Capital and Compliance Practice
    October 12, 2021
    King & Spalding has added a six-partner team to its Global Human Capital and Compliance (GHCC) practice, with Tom Ahlering, Anne Dana, Gina Merrill, Jenny Neilsson, Jesse Pauker and Pete Wozniak joining across the firm’s Chicago and New York offices.
  • Winston & Strawn Represents Dune Acquisition Corporation
    October 12, 2021
    Winston & Strawn is representing Dune Acquisition Corporation (Nasdaq: DUNEU, DUNE, DUNEW) (“Dune”), a special purpose acquisition company, in connection with its definitive agreement for their business combination with TradeZero Holding Corp. (“TradeZero” or the “Company”), which through its U.S. and Bahamas based broker-dealers offers a next-generation trading platform targeting the global active trader community, which would result in TradeZero becoming a publicly listed company.
  • Monterey Financial Services Acquires Continental Central Credit, Solidifying Their Position as a Leader in Debt Recovery Solutions
    October 12, 2021
    With the acquisition of Continental Central Credit, Monterey will broaden its customer base and give the former Continental clients the gold star level of service and integrity they are used to with the added value of Monterery’s advanced technological practices.
  • Rosenthal Provides $5 Million Joint Factoring, Inventory and Purchase Order Financing Facility for Major Office Furniture Manufacturer
    October 12, 2021
    Rosenthal & Rosenthal, Inc., one of the leading factoring, asset based lending and purchase order financing firms in the U.S., today announced the completion of a recent $5 million joint factoring, inventory funding and purchase order financing facility to support the growth capital needs of a Georgia-based manufacturer and distributor of office furniture and products.
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