Business Capital (BizCap®) announced that it will be assisting borrowers through the second round of the SBA’s Paycheck Protection Program by facilitating and streamlining the loan application and forgiveness process. BizCap will offer helpful information and expedited servicing via their online portal.

Crestmark secured a total of $26,375,000 in ABL financial solutions for eight new clients; Crestmark Equipment Finance provided $6,596,344 in three new lease transactions; Crestmark Vendor Finance provided $4,833,777 in 41 new lease transactions; the Joint Ventures Division provided $7,133,080 in two new transactions; and the Government Guaranteed Lending group provided $9,855,500 in financing for three new clients in the first half of January.

Briar Capital Real Estate Fund LLC, a nationwide commercial real estate lender focused on the asset-based lending space, is pleased to announce the promotion of Leah Goldberg to Chief Financial Officer. In addition to this expanded role, Goldberg will continue to share in Briar’s underwriting responsibilities as she has for close to two years.

Hilco Global, the world's premier authority on asset valuation, monetization, and advisory solutions, announced today that it has facilitated the sale of substantially all of the assets for Shop-Vac to GreatStar in a multi-million dollar transaction that closed on December 24, 2020. The assets acquired in the transaction include Shop-Vac’s intellectual property, real estate, machinery & equipment, inventory, and accounts receivable holdings.

CNH Finance is pleased to announce we have funded over $100,000,000 in new commitments, including revolving line of credit facilities secured by AR and Bridge to HUD term debt loans throughout 2020. A total of over 30 transactions supporting healthcare providers and commercial and industrial companies.

SG was able to work quickly and creatively to provide a $3.35MM loan structured primarily around the founder’s personal assets (real estate and marketable securities). SG’s speed to close allowed the Company to close the asset purchase and begin rebuilding the revenue base back to historical levels. SG’s facility is viewed by the Company as bridge financing until a broader capital facility can be raised.

Dwight Funding is pleased to announce that Jessica Bates has been named Managing Director and Head of Business Development. In this position, Jessica is responsible for driving product growth, market expansion and for leading the sales team across products and industries.

Having completed over $6 billion in private equity and private credit investments, Chris Goodwin, former Managing Director & Co-Head of BNP Paribas Merchant Banking Group and current Operating Partner at Star Mountain Capital, has expanded his role to full-time Managing Director and has established Star Mountain’s Dallas office, expanding coverage of Texas and the Southwest.

Monroe Capital Corporation (the “Company”) (NASDAQ: MRCC) announced today that it has closed a public offering of $130 million aggregate principal amount of 4.75% notes due 2026 (the “Notes”). The Company intends to use the net proceeds from this offering to redeem all of its outstanding 5.75% notes due 2023 and to repay a portion of the amount outstanding under its credit facility. However, the Company may re-borrow under its credit facility and use such borrowings to invest in lower middle-market companies in accordance with its investment objective and strategies and for working capital and general corporate purposes. As of January 12, 2021, the Company had $114.9 million in outstanding indebtedness under its credit facility.

Crestmark is pleased to announce the appointment of Charles D. Starck as vice president, business development officer for the Commercial Business Credit Group. Based in Milwaukee Wisconsin, he will target businesses in Wisconsin, Minnesota, Iowa, and the Chicagoland area; he will report to Senior Vice President, Commercial Business Credit Sales Manager James (Jim) Farrell.

SG Credit Partners today announced that it has started a collateral-based lending division and hired Nathalie Butler to be Managing Director, Underwriting to lead this group. Nathalie has over 20 years of experience including asset valuation, disposition and most recently lending. Previously she was part of the senior team that built a leading specialty finance company. This new group was formed to fill the void left by the lending community unable to finance illiquid and esoteric assets or other situational bridge needs up to $10 million in loan size.

AMC has additional commitment letters for $411 million of incremental debt capital in place through mid-2023, unless repaid before then, through the upsizing and refinancing of a European revolving credit facility, the company said. AMC may pay non-cash PIK (payment-in-kind) interest through the duration of the European debt.

Hudson Avenue Partners, a Detroit and New York-based advisory firm specializing in designing, structuring and raising debt and equity capital facilities within the middle market, has announced its official launch. Founded by seasoned investment banking and capital markets professionals Ryan Deegan and Kelly Stotler, Hudson Avenue Partners focuses on placement engagements requiring committed capital of $25 million to over $250 million in support of acquisition, refinancing and recapitalization transactions across various industry sectors.

SB360 Capital Partners, one of North America's leading asset realization and advisory firms, announced that Leonard R. Polivy has joined the company as Executive Vice President of Luxury, Diamond and Jewelry. Leonard brings over 30 years of hands-on experience in the diamond and jewelry industry and will lead the expansion and growth of SB360's Jewelry division.

Flatbay Capital LLC announces the closing of a $1,600,000 commercial real estate loan (industrial/warehouse) to refinance multiple properties for a large commercial powder coating company. Operating successfully in Houston for over 30 years, the business saw a recent decrease in revenue due to a shift in their customer base combined with sales team turnover.

The plan support agreement outlines a comprehensive plan for deleveraging the Company's balance sheet through the equitization of its senior unsecured notes, resulting in a reduction of over $2.1 billion of funded indebtedness. In addition, certain holders of senior unsecured notes have agreed to invest up to $110 million of new capital in the form of first lien, last out exit notes, while certain holders of revolving credit facility loans have agreed to provide exit financing facilities in the form of (a) a $300 million to $400 million first lien, first out revolving credit facility and (b) a $100 million to $200 million first lien, last out term loan facility. Paul, Weiss, Rifkind, Wharton & Garrison LLP and Porter Hedges LLP are acting as the Company's legal counsel and Alvarez & Marsal is serving as the Company's restructuring advisor. Lazard Frères & Co. LLC is serving as financial advisor to the Company.

Zenabis Global Inc. (TSX:ZENA) ("Zenabis" or the "Company") is pleased to announce that it has entered into a credit agreement (the "Credit Agreement") with a Canadian private debt fund (the "Agent"), as agent on behalf of certain lenders, in respect of a committed revolving credit facility in a principal amount of up to $60 million, subject to borrowing base requirements based on eligible receivables, inventory and real estate.

TradeCap Partners closed a $650,000 purchase order finance facility to an early stage Florida based hair and beauty products company. The facility will support fulfillment of large retail orders for multiple SKUs. The Company, with just over a year in business, was gaining traction growing brand exposure and sales. An existing big box customer was increasing orders as they expanded the SKU and store count for the Company’s products.

Rosenberg & Fecci Consulting, LLC is pleased to announce that Stephen Culloo has been admitted to the LLC as a partner. Mr. Culloo joined Rosenberg & Fecci in 2009 as a college graduate, and in his time at R&F has risen from an Analyst to Director of Monthly Recurring Revenue field exams. Working closely with lenders in the Tech space, Mr. Culloo is responsible for developing the specialized scope and procedures, currently utilized for all field examinations with a focus on recurring revenue.

Citizens M&A Advisory served as the exclusive financial advisor to Health iPASS, Inc., a high-growth, innovative provider of cloud-based patient engagement software and revenue cycle management technology, in its sale to Sphere, backed by Waud Capital. Health iPASS specializes in solutions that enhance provider revenue collections and deliver a streamlined healthcare consumer experience from appointment to final payment. The software helps providers accelerate cash flow, reduce the cost to collect, lower claim denials and improve patient relations. The technology improves the healthcare consumer experience by simplifying the check-in process and payment experience by facilitating pre-service, time-of-service and post-service engagement and patient payments through an innovative, multi-channel virtual software interface.