Wintrust Receivables Finance announced the closing of a new $4 million line of credit for a growing third-party logistics company. Wintrust was able to provide the new line of credit at a materially lower cost of capital than the previous lender, with an aggressive advance rate on the accounts receivables collateral and a flexible, no covenant structure.

Stonebriar Commercial Finance announced the closing of a $17.5 million sale and leaseback of certain manufacturing and distribution center related equipment for K&N Engineering, a leading branded automotive air filter and air intake systems manufacturer and portfolio company of funds managed by Goldman Sachs Asset Management (“Goldman Sachs”).

IDS, a leading provider of enterprise mission-critical solutions for secured finance has been selected a winner of the Top 20 FinTech Solution Providers 2021 by Enterprise Ventures. IDS was selected after a rigorous evaluation process which included over 300 global fintech software technology firms and was based upon the company’s market position, sales momentum and product innovation.

Haversine Funding, a leading provider of alternative financing solutions, today announced the hiring of Jeffrey Whaley as chief financial officer. Whaley, who has more than 20 years of experience, will oversee accounting, operations, and compliance. In his new position, Whaley will work closely with investors playing a critical role in guiding the future growth of the company.

BHI, a full-service commercial bank, announced that it has provided $60 million in financing for the bulk acquisition of 70 residential condominium units in the Charlie West building, located at 505 W. 43rd Street in Manhattan’s Hell’s Kitchen neighborhood. The borrower is a joint venture of Tishman Realty & Construction and PIMCO, which is acquiring the units, totaling 76,897 square feet, from Charlie West developer the Elad Group.

Since 1990, Lawrence has supplied more than $8 billion in loans to over 1,500 companies nationwide.

J D Factors announced it has provided the following factoring facilities: $150,000 to a transportation company in Texas; $200,000 to a transportation company in Ontario; $200,000 to a transportation company in Illinois; $500,000 to a distribution company in Quebec...

AllianceBernstein L.P. ("AB") (NYSE: AB), a leading global investment manager, today announced the closing of AB BSL CLO 2, a $400 million collateralized loan obligation (CLO) with JPMorgan Chase acting as lead arranger. This marks the second CLO for the firm's broadly syndicated loan and CLO management business established in 2019 and led by AB's Director of Leveraged Loans Scott Macklin.

Performance Designed Products (“PDP”) is an industry leader providing high-quality licensed peripherals and accessories for all major video game platforms so players can level up their game.

COVID-19 impacted businesses across many industries and companies of all sizes. Through it all, CFOs and finance leaders were at the helm, helping their businesses navigate the impacts and chart a course forward. As the economy recovers from a challenging year, U.S. Bank sought to better understand what is top of mind with CFOs and finance leaders in 2021 and how they are helping their businesses thrive beyond COVID-19.

Versant Funding LLC is pleased to announce it has funded a non-recourse spot factoring transaction to a Mid-West-based software provider. This company is in the process of completing a sale to a private equity group and required cash quickly to meet its working capital needs until the sale is complete.

Truist Financial Corporation (NYSE: TFC) announced today the expansion of the Truist Commercial Community Bank's Industry Consulting team, adding waste and environmental services and building products to its growing list of industry specialties. Truist's Commercial Community Bank specializes in serving business clients with annual revenues between $2 million and $500 million.

The acquisition and related transaction costs are to be funded through a committed debt financing package underwritten by the National Bank of Canada ("NBC") and Yangaroo's existing cash on hand. The debt financing package includes an acquisition term loan facility, a revolving line of credit, and other day to day banking facilities. The package represents a total commitment from NBC of CAD $5.5 million ("Acquisition Facility") and will facilitate Yangaroo with the DMS acquisition, working capital requirements, and assist with future commercial and strategic banking.

JPMorgan Chase today announced details about Morgan Health, a new business unit focused on improving the quality, efficiency, and equity of employer-sponsored healthcare. The new group will be led by Dan Mendelson, CEO of Morgan Health, reporting to Peter Scher, Vice Chairman of JPMorgan Chase & Co. and a member of the firm’s Operating Committee.

Altmore Capital, a leading senior debt lender, today announced that it has closed its first cannabis debt fund exceeding its goal by over 200 percent. The new fund is available to plant-touching businesses with more than $10 million in revenue. To date, Altmore Capital has invested in and led over $130 million in financing in the cannabis industry and expects to complete an additional $200 million to $300 million in the next year.

Morgan Stanley (NYSE: MS) today announced that Ted Pick and Andy Saperstein have been named Co-Presidents of Morgan Stanley. Both executives are long-serving employees in key management positions, and both head world-class businesses with market leadership positions. Mr. Pick leads Morgan Stanley’s Institutional Securities business and will now also be responsible for Morgan Stanley’s international operations and become the Co-Head of Firm Strategy and Execution. Mr. Saperstein leads Morgan Stanley’s Wealth Management business and will now be responsible for all Wealth Management channels, including Financial Advisors, E*TRADE and Morgan Stanley at Work.

Tradewind Finance has announced the closing of a EUR 1.5 million export factoring facility for a producer of hazelnut items based in Turkey that sells to over 50 countries globally. The funding is being used to cover the cost of raw hazelnuts from suppliers, as well as to increase sales and expand the company's presence in European markets.

Alleon Healthcare Capital ("Alleon"), a specialty finance company focused on providing healthcare accounts receivable financing, medical accounts receivable factoring, and cash flow solutions to medical providers in the U.S., recently closed a $2,500,000 medical accounts receivable financing facility with a home care provider in New York (“Company”).

GlobeSt. Real Estate Forum named A&G Real Estate Partners to its annual list of retail real estate influencers, citing the firm’s success in saving American tenants $1.8 billion in occupancy costs and helping them stave off thousands of store closures last year. A&G—which works across multiple real estate sectors—was one of just seven recipients in the Company category of this year’s influencers list from the online and print CRE publication, which also honored Individuals and Teams for their contributions to retail real estate.

Heading into the post-pandemic world, middle market organizations are accelerating digital transformation. While finances may still be strained, 90% of companies plan to maintain or increase their digital spending in 2021, according to BDO Digital’s 2021 Middle Market Digital Transformation Survey, which polled 500 C-level executives.