CIBC acted as the Sole Lead Arranger, Sole Bookrunner and as Administrative Agent in connection with the amended Credit Facility, with Bank of Montreal and The Bank of Nova Scotia acting as Co-Syndication Agents. The other syndicate lenders include Royal Bank of Canada and ING Capital LLC.

CIT Group Inc. (NYSE: CIT) today announced that its Asset-Based Lending business served as agent and sole lender on a loan and revolving credit facility for GEE Group Inc. (NYSE American: JOB), a leading provider of professional staffing services and human resources solutions. Proceeds from the financing will be used to pay off existing debt and for general working capital purposes.

Jet Edge International (“Jet Edge” or the “Company”), a global leader in full-service private aviation responsible for operating the largest fleet of managed Challenger and Gulfstream aircraft in the United States, and KKR, a leading global investment firm, today announced that credit funds and accounts managed by KKR have agreed to provide a credit facility of up to $150 million to Jet Edge. The funding will be used to support the acceleration of the Company’s broad infrastructure, digital initiatives, Reserve membership, and comes as Jet Edge rolls out its AdvantEdge charter management platform nationwide.

Ares Commercial Finance (“ACF”) announced that it has provided a $20 million accounts receivable securitization for K&N Funding, LLC, an affiliate of K&N Engineering, Inc. (“K&N®”). K&N®, a portfolio company of funds managed by Goldman Sachs Asset Management, is an industry-leader in aftermarket automotive filtration and other performance products. The financing provides incremental financial flexibility to support the company’s future growth.

New York State Senator James Sanders, one of the driving forces behind New York’s new disclosure legislation which effects non-regulated lenders, has just proposed new legislation requiring mandatory licensing of certain non-regulated small business lenders and business brokers who do business with commercial enterprises located in the State of New York. In summary, non-regulated lenders or business brokers engaged in “making or soliciting” “commercial financing products” to commercial enterprises located in New York State are to be required to be licensed by the State of New York if the loans or advances, including even a single advance, is in the principal sum of $500,000 or below.

Construction startup Katerra Inc, which is backed by SoftBank Group Corp, said on Sunday it has filed for bankruptcy protection in the United States. Katerra said it had secured commitments for $35 million in debtor-in-possession (DIP) financing from SB Investment Advisers (UK) Limited to fund operations during the Chapter 11 process, adding that the company’s international operations are not affected by this filing.

Over the coming months, PNC and BBVA USA will continue to operate as separate entities and brands while working together closely to ensure a smooth transition for BBVA USA employees and customers. PNC Bank, N.A. announced new appointments Monday to the leadership team for Alabama, led by Nick Willis, who will continue in the role of regional president for Northern and Central Alabama.

The Very Good Food Company Inc. (TSXV: VERY) (OTCQB: VRYYF) (FSE: 0SI) ("VERY GOOD" or the "Company"), a leading plant-based food technology company, is pleased to announce that it has entered into a loan agreement (the "Loan Agreement") for a senior secured credit facility (the "Credit Facility") with Waygar Capital Inc. ("Waygar Capital" or the "Lender"), as agent for Ninepoint Canadian Senior Debt Master Fund L.P. ("Ninepoint Partners"). The Credit Facility consists of a C$20 million revolving line of credit and a C$50 million term loan.

Lux Speed, a Florida-based fiber and managed Wi-Fi provider announces a credit line of fifty million dollars with CSC Leasing. Anacostia Ventures lead the discussions and ultimately secured the line for Lux Speed. "CSC is a premier capital partner and a perfect fit for Lux Speed's advanced offering" said Steve Canton, Senior Partner at Anacostia Ventures.

Forward Financing, a national provider of revenue-based financing to small businesses, announced that the company closed a $250 million credit facility led by one of the company's current capital providers.

Paya Holdings Inc. (NASDAQ: PAYA) (“Paya” or the “Company”), a leading provider of integrated payment and commerce solutions, today announced plans to refinance its outstanding $228 million term loan facility due 2027 and $25 million revolving credit facility due 2025.

Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, announces that it has advised Toms Sierra Company, Inc. (“Sierra” or the “Company”) on the sale of thirteen (13) of the Company’s sixteen (16) petroleum marketing and convenience retail stores to an undisclosed buyer (“Buyer”). The Company’s stores are located outside Sacramento, California, in the surrounding foothills of the Sierra Nevada mountain range, and operate under the Sierra Express brand name.

Portage Point Partners, a business advisory and interim management firm, has significantly enhanced its consumer retail practice with the addition of a team of executives that have helped transform global retail, including Managing Directors Tom Park and Glenn McMahon and Senior Advisers Michael Feurer and Gerry Rittenberg.

Crescent Capital Group LP, a leading alternative credit investment firm, announced today that its European Specialty Lending strategy has provided a unitranche facility to Nurture Landscapes, a UK-based B2B provider of grounds maintenance, landscaping, and winter gritting services.

KKR is making its investment in Atlantic Aviation primarily through its Global Infrastructure Investors and Core Investments strategies. Lazard and Evercore acted as financial advisors and White & Case acted as legal advisor to MIC in connection with the sale of Atlantic Aviation. Jefferies LLC served as financial advisor and Kirkland & Ellis as legal advisor to KKR.

Cerecor Inc. (NASDAQ: CERC), a biopharmaceutical company focused on becoming a leader in the development and commercialization of treatments for rare and orphan diseases, today announced that it has entered into a debt financing agreement led by Horizon Technology Finance Corporation (NASDAQ: HRZN) (“Horizon”) to provide up to $35.0 million in term loans.

Dave, the banking app on a mission to create financial opportunity that advances America’s collective potential, and VPC Impact Acquisition Holdings III, Inc. (NYSE: VPCC) (“VPCC”), a special purpose acquisition company sponsored by Victory Park Capital (“VPC”), today announced that they have entered into a definitive agreement for a business combination that will result in Dave becoming a publicly traded company listed under the ticker symbol “DAVE,” with an expected pro forma, fully-diluted equity value of approximately $4 billion, assuming no redemptions.

Axiom Bank, N.A., a Maitland-based, leading community bank, has expanded its team with the hiring of John Wattinger as Senior Account Executive in its factoring and asset-based lending division in Dallas. Wattinger brings more than 35 years of experience in commercial, middle market, asset-based lending and factoring. In this new role with Axiom’s Allied Affiliated Funding division, he will oversee a portfolio of client accounts while also managing the development and underwriting of new credit requests.

Iroquois Industrial Group and Big Shoulders Capital are making a major investment in Savannah Industrial Solutions to add new capabilities for the manufacturer of custom metal, stone, wood and refrigeration products for the restaurant, food service, healthcare, telecommunications, municipal and other markets as well as creating new jobs in Savannah, Tennessee.

Winston & Strawn represented Longshore Capital Partners, a Chicago-based private equity firm, in its strategic investment in Stuzo, the leading provider of intelligent 1:1 loyalty, contactless commerce, and cross-channel customer experience solutions for Everyday Spend Retailers.