SLR Equipment Finance, formerly known as Nations Equipment Finance, expands its business development capabilities and announces that Thomas Downey has joined the company SLR Equipment Finance is pleased to announce it has hired Thomas Downey as Senior Vice President of Business Development. In his role, Tom will be responsible for growing SLR Equipment Finance’s leasing and lending activities in the Southwest region of the U.S. Tom brings over 30 years of creative structuring experience in the equipment finance industry to SLR Equipment Finance.

LBC Credit Partners (“LBC”), one of the leading providers of financing solutions to middle market companies, provided a senior secured credit facility to support the acquisition of Northern Wholesale Supply, Inc. (“NWS” or the “Company”) by Wynnchurch Capital, LLC (“Wynnchurch”). LBC served as Agent and Sole Lender for the senior secured credit facility.

Tradewind Finance is pleased to announce that Daniel Najman has joined the company as Vice President of Sales based in Miami, Florida. Najman brings years of experience in trade credit insurance and trade logistics to the role, as well as an extensive track record of dealings with Brazil and other international markets. As VP Sales, Najman will help expand the company’s client base, leveraging his industry and native ties to Latin America.

John O. Sutton Jr. has joined Haynes and Boone, LLP as a partner in the firm’s Finance Practice Group. He will work out of both the Fort Worth and Dallas offices. John has substantial experience representing banks, commercial financiers, and investment funds in asset-based lending (ABL) and structured finance transactions involving real estate, aircraft, hospitality, shipping and other industries. He has spent the bulk of his career at Hughes & Luce LLP and later K&L Gates LLP, following the merger of the firms.

Leading global professional services firm Alvarez & Marsal (A&M) has appointed John McLean, III as a Managing Director, based in Atlanta, in the firm’s Healthcare Industry Group. Mr. McLean’s two decades of experience transforming health systems advances A&M’s expanding capability to address the evolving needs of its healthcare provider clients.

Old Hill recently provided an $8 million senior secured pre-export credit facility to a company in Latin America with whom it had a previous lending relationship. The company exports specialty agricultural products to top-tier global distributors. Old Hill’s financing allowed this exporter to lever its inventories during the harvesting and processing cycle resulting in working capital for its business. This is the second such facility Old Hill has provided to this exporter and reflects Old Hill’s interest and expertise in trade finance.

H.I.G. Capital, LLC ("H.I.G."), a leading global alternative investment firm with over €35 billion of equity capital under management, is pleased to announce the expansion of its European WhiteHorse team with the addition of Laurent Vaille and Charles Bourgeois as Principals. Laurent will be based in H.I.G.’s London office, and Charles is based in H.I.G.’s Paris office.

Monroe Capital LLC (“Monroe”) was selected as the recipient of three Private Debt Investor (“PDI”) awards, including the 2020 Lower Mid-Market Lender of the Year; Lender of the Year; and CLO Manager of the Year awards, in the Americas. PDI is a global independent publication based in London covering the private debt and private equity industries.

Cornerstone Business Credit is pleased to announce that it recently funded a $200,000 line of credit to a telecommunications infrastructure services firm. After a series of COVID 19 suspensions of work and infrastructure upgrades, the industry is ramping back up with opportunities. Our client needed a working capital line of credit to access funds for vendors while awaiting payments from large national telecommunications companies.

Hilco Streambank (www.hilcostreambank.com) had the privilege of collaborating with Varentec, Inc. (www.varentec.com), a revolutionary edge-of-network, volt/VAR grid optimization technology company, and secured lender Windsail Capital Group (www.windsailcapital.com) to complete a successful asset acquisition after an unsuccessful investment bank process run earlier in the year.

Tailored Brands, Inc. (the “Company”) today announced the closing of a $75 million investment by a group of existing shareholders and lenders. The financing consists of $50 million of mandatorily convertible notes and $25 million in additional senior secured debt. This transaction will provide additional liquidity for the Company as it continues to advance its strategic plans to ensure it is best positioned to meet the evolving needs of its customers following the COVID-19 pandemic, and demonstrates the continued commitment of its investors to the long-term success of the Company.

Stonebriar Commercial Finance (“Stonebriar”), a large-ticket independent diversified commercial finance and leasing company, announced the closing of a $50 million sale and leaseback of certain casting furnaces and metal fabrication equipment with a leading aerospace parts producer of structural castings and engine components. The lease proceeds provide the company with additional liquidity for general corporate purposes as it navigates through the recently challenging market conditions.

North Mill Equipment Finance LLC (“North Mill”), a leading independent commercial equipment lessor located in Norwalk, Connecticut, announced today the upsizing of its existing investment-grade rated corporate notes to $25 million. The company intends to use the net proceeds from the transaction for working capital and general corporate purposes to support additional growth.

MidCap Business Credit announced today they have closed on a $5,000,000 asset based revolving line of credit for a designer and extruder of foam products and components used in a variety of industries.

HPD Lendscape, a leading international secured-lending platform vendor, today announces that it has become an official member of The Spanish Association of Factoring (AEF). The announcement comes at a time when HPD Lendscape is particularly focused on serving the Iberian market, having just launched a new Spanish-language website.

TCF National Bank’s inventory finance subsidiary was named the exclusive floor plan financing provider for powersports company Speed UTV, which is owned by Robby Gordon, a former NASCAR and IndyCar racer, and Todd Romano, Founder of DragonFire Racing.

H.I.G. Bayside Capital, the distressed debt and special situation affiliate of H.I.G. Capital (“H.I.G.”), a leading global alternative asset management firm with over $43 billion of equity capital under management, is pleased to announce the final closing of H.I.G. Bayside Loan Opportunity Fund VI (the “Fund”). The Fund closed with aggregate capital commitments of $1.4 billion,* exceeding its target.

Alma Bank is pleased to announce the appointment of Hugh Donlon as Executive Vice President and Chief Lending Officer. Mr. Donlon will set the strategic direction of the Bank’s lending efforts, and oversee the management and development of all commercial real estate, commercial & industrial, residential, SBA and consumer lending.

Nexamp, Inc., a leading renewable energy generator and community solar provider, has closed a $440 million senior secured credit facility for a 380-megawatt portfolio of solar and energy storage assets, the largest debt financing of its kind. The diverse portfolio spans five state markets and consists of nearly 100 community solar projects, including energy storage capacity totaling 120MWh. MUFG Union Bank, N.A. served as the Coordinating Lead Arranger for the syndicated financing, which included participation from an expansive group of market-leading lenders.

Golub Capital acted as the Administrative Agent, Joint Lead Arranger and Joint Bookrunner on a GOLD facility to finance Thompson Street Capital Partners’ (“TSCP”) acquisition of Freddy’s Frozen Custard & Steakburgers (“Freddy’s”). GOLD financings are Golub Capital One-Loan Debt facilities. Freddy’s, a fast-casual restaurant concept, is known for its All-American menu of cooked-to-order steakburgers, hot dogs, shoestring fries and frozen custard. Freddy’s was founded in Wichita, KS and today has more than 360 franchised and company-owned restaurants across 32 states.