An Illinois manufacturer of drainage piping and plastic tubing was looking for a new lender. mBank Senior Management personally visited the client and reviewed their plans and met with all management and their consulting firm. mBank then presented the company with a customized financial package that met their needs. The loan closed in February 2021.

Harbor reached another milestone this week by funding more than $1 million in trade finance transactions utilizing Decentralized Finance or “DeFi.” The fund was launched in the last quarter of 2020 in collaboration with Centrifuge with the goal of bringing a real-world asset like accounts receivable to DeFi, a financial system independent of centralized banking and currencies.

Stonebriar Commercial Finance (“Stonebriar”) is celebrating its sixth anniversary this week, having closed another record year with new funded volume of $1.43 billion in structured leases and loans, and driving a 36% year-over-year increase in operating income. Equally as important, Stonebriar has completed its sixth consecutive year with zero credit losses.

WEX Inc. (NYSE: WEX), a leading provider of corporate payment solutions (the “Company”), today announced that it is providing certain prospective lenders information for purposes of considering a potential refinancing of its credit facility, including among other things extending the maturity date of the tranche A term loans and revolving credit facility to 2026 and the tranche B term loans to 2028.

David M. Hryck, Christopher W. Healy and C. Neil Gray have joined Duane Morris LLP’s New York office as partners in the firm’s Corporate and Trial practice groups. Economist Theodor van Stephoudt will join Duane Morris as well. The attorneys and van Stephoudt join the firm from Reed Smith LLP.

J D Factors announced it provided the following factoring facilities: $120,000 to a transportation company in Illinois; $400,000 to a transportation company in Iowa; $75,000 to a transportation company in Virginia; $250,000 to a transportation company in Illinois.

Struggling retailers, office tenants, restaurants and other businesses could be ‘pushed over the edge in 2021,’ but A&G’s Doug Greenspan predicts eventual rebound in resorts and dining/entertainment, as well as continued cooperation between retailers and landlords.

Hunter Point Capital (“HPC”) an independent investment firm focused on taking minority stakes in middle-market alternative asset managers, announced today that Brad Coleman will be joining as a partner to lead the firm’s GP Coverage Group. At HPC, Mr. Coleman will continue the thought leadership and strategic advice for alternative investment managers for which he has become well-known.

BHI, a full-service commercial bank, announced that its Commercial & Industrial Group has closed a $6 million credit facility for Pisec Group America LLC. The financing provides a one-year line of credit that the company will employ for working capital and corporate purposes.

Winston & Strawn LLP is pleased to announce the addition of Andy Hutchinson as a partner in the firm’s Chicago office, and as a member of its Global Leveraged Finance Team. Andy is a respected leveraged finance attorney with broad experience representing direct lenders, banks, investment banks, and private equity sponsors, with a particular focus on the middle market and on key sectors such as software, health care, and hospitality.

Fourshore Partners (“Fourshore”) announced today its acquisition of a majority stake in Genesis Capital Finance (“Genesis,” “GCF”), a specialty finance company that provides commercial loans to independent owner operators in the long-haul trucking industry.

GoldenTree Loan Management II and affiliated investment manager GoldenTree Asset Management completed a $698 million collateralized loan obligation, to be managed by the former. With the closing of the GoldenTree Loan Management US CLO 9, the companies and other affiliated investment managers have issued 14 CLOs, amounting to over $8 billion under their GLM CLO strategy.

Gordon Brothers, the global advisory, restructuring and investment firm and owner of the British heritage brand Laura Ashley®, announced the iconic home and lifestyle brand launched its spring 2021 collection online and in select NEXT plc stores. The collection features the classic and recognizable Laura Ashley homeware, alongside an array of new designs.

Leading global professional services firm Alvarez & Marsal (A&M) has appointed Paul Fanella a Managing Director in Supply Chain Services within its Corporate Performance Improvement practice. Mr. Fanella’s end-to-end supply chain management expertise boosts A&M’s ability to deliver meaningful cost-reduction and productivity-enhancements and builds upon the firm’s commitment to drive savings and efficiency results for clients.

Stonebriar Commercial Finance announced the closing of a $70 million sale and leaseback with an independent producer of specialty hydrocarbon and fuels products. Consistent with the company’s strategic deleveraging efforts, the lease proceeds supported the retirement of other lessee indebtedness. The transaction closed in less than 50 days.

Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, today announced it has successfully transitioned Melrose Bank customers and added CSB’s 17th physical location. Following the acquisition of Melrose Bank into Cambridge Savings Bank on June 1, 2020, CSB has made it a priority to connect with the Melrose community, focusing on its relationship-centric and service-oriented approach to helping individuals, families and small businesses.

Playtika Holding Corp. (NASDAQ:PLTK) (“Playtika”) today announced it has entered into a 7-year $1.9 billion Term Loan B, increased its Revolving Credit Facility to $600 million with a new 5-year maturity and consummated its previously announced offering of $600 million aggregate principal amount of its 8-year senior unsecured notes.

Albright succeeds Donnie Cook who has led the market for the past 16 years and recently announced his retirement earlier this month. As president, Albright will be responsible for connecting the banking and investment resources offered through our eight lines of business to companies, families and individuals across Arkansas.

Mayer Brown announced today that Jason Quintana has joined the firm as a partner in its Mergers & Acquisitions practice in Chicago. Mr. Quintana joins from Perkins Coie LLP. Mr. Quintana advises public and private strategic operating companies and private equity sponsors and their portfolio companies on structuring, documenting, negotiating and consummating complex business transactions.

Daseke, Inc. (NASDAQ: DSKE) (“Daseke” or the “Company”), the largest flatbed, specialized transportation and logistics solutions company in North America, announced today that it has refinanced its existing $484 million Term Loan B due February 2024 with a new $400 million Term Loan B and available cash. JPMorgan Chase Bank, N.A. served as exclusive arranger and sole bookrunner for Daseke in executing this transaction.