CIT Group Inc. (NYSE: CIT) today announced that its Healthcare Finance business served as sole lead arranger on a $19.3 million loan to finance the acquisition of the Sugar Creek Health Center in Sugar Land, Texas. The Sugar Creek Health Center, an 84,646-square-foot medical office building located approximately 20 miles southwest of Houston, is leased to a diverse mix of tenants that provide various medical services including ambulatory surgery, imaging, orthopedics, women’s health, dentistry and optometry, among others.

White Oak Commercial Finance, LLC (“White Oak”), an affiliate of White Oak Global Advisors, LLC, announced it delivered a $3 million recourse factoring facility to a factor that provides funding to the trucking and transportation industry. The company has been in business since 2015, and the funding was secured against its accounts receivable and will support its growing portfolio and accelerate its expansion.

Century Park Capital Partners is pleased to announce the recapitalization of CJ Pony Parts, LLC (“CJ Pony Parts” or the “Company”). Headquartered in Harrisburg, PA, CJ Pony Parts is the market leader in the Classic Mustang e-commerce space. BMO Sponsor Finance provided the debt financing for the transaction.

SLR Healthcare ABL announced it provided a $10 million asset-based revolving line of credit an outpatient mental health services provider.

Comvest Partners, a leading middle-market private investment firm, announced today that its direct lending platform, Comvest Credit Partners, completed the final close of its latest flagship fund, Comvest Credit Partners V ("CCP V"). CCP V closed with over $1.3 billion of equity commitments and has also secured credit facilities to increase its available capital. To date, CCP V together with parallel funds and separately managed accounts, has provided credit to more than 35 new and existing portfolio companies.

Three years after acquiring Denver-based Headwaters, Capstone Headwaters today announced it is changing its name to Capstone Partners. The rebranding, which entails the unveiling of a new logo and website, is an integrated element of the firm's current growth strategy. The new brand, Capstone Partners, is intended to reflect the firm's strong team culture, core mission and vision for the future. The new website, launched today at capstonepartners.com, showcases the Capstone's fully integrated services and robust set of resources for privately held middle market companies.

Maxim Commercial Capital (“Maxim”) announced strong demand during the first quarter of 2021. Its Structured Finance program proved popular during the period, with business owners leveraging their equity in real estate and owned heavy equipment to fund working capital and fuel growth. Despite low inventory of well-priced, low mileage Class 8 used trucks, Maxim closed purchase financings ranging from $12,000 to $53,500 for hundreds of owner-operators across the U.S.

Tradewind Finance has provided a USD 1 million domestic factoring facility to a seafood importer and wholesaler based in the United States that sells a variety of fish, including snapper, tuna, swordfish, mahi-mahi, and grouper, to retailers and distributors in the USA. The company is a new subsidiary of a large seafood farmer and processor based in Costa Rica and is using the funding to expedite cash flow back to the parent company and support growth in the USA.

Fresh Acquisitions, LLC which operates Furr’s Fresh Buffet©, and several of its affiliates including Buffets LLC and its subsidiaries, which operate Ryan’s©, Old Country Buffet©, Tahoe Joes Famous Steakhouse©, and Hometown Buffet©, filed for Chapter 11 bankruptcy protection earlier today to strengthen their operations and recapitalize their businesses. The companies will have access to additional liquidity through a post-petition debtor in possession loan being extended by VitaNova Brands©.

First Business Bank announces the closing of a $4 million factoring and inventory finance facility by its Accounts Receivable Financing group. The client is a distributor of outdoor home products, selling directly to home improvement retailers as well as directly to consumers through an e-commerce site.

Pinnacle Bank (OTCQB: PBNK) headquartered in Gilroy, CA announced today that Mayra Marquez has joined the bank as Senior Vice President, Senior Relationship Manager.

Based on continuing significant growth, EisnerAmper LLP, a leading global business advisory firm, announces new industry offerings along with their respective new national leaders.

Houlihan Lokey (NYSE:HLI), the global investment bank, announced today that Jonathan Guskind has joined the firm as a Managing Director in the Healthcare Group, covering medical technology. He is based in New York. Mr. Guskind joins from Morgan Stanley, where he spent more than a decade and most recently helped lead the medical technology coverage effort within the Healthcare Investment Banking group. Prior to Morgan Stanley, he worked in BNP Paribas’ Leveraged and Acquisition Finance group.

Franklin Capital is pleased to announce the completion of two new accounts receivable financing facilities. Franklin Capital provided an accounts receivable financing facility to a UK-owned temp staffing business and an accounts receivable financing facility to a franchise of a large staffing firm.

The Credit Facility consists of a revolving loan, under which repayments and additional drawdowns will be permitted from time to time, provided that the amounts owing under the Credit Facility shall not exceed the Borrowing Limit of C$22.5 million. The Credit Facility will have a term of 12 months, which may be extended for an additional 12 months upon mutual agreement.

Oxford Finance LLC (“Oxford”), a specialty finance firm that provides senior debt to life sciences and healthcare services companies worldwide, has announced the closing of a $50 million senior secured term loan with Mainstay Medical Holdings plc (“Mainstay” or “the Company”), a medical device company focused on commercializing an innovative implantable restorative neurostimulation system, ReActiv8®, for the treatment of disabling mechanical chronic low back pain (“CLBP”).

Citigroup Global Markets Inc. and its affiliates acted as sole lead arranger and bookrunner for the bridge loan facility and joint lead arranger and joint bookrunner for the new revolving credit and term loan facilities along with Bank of America, N.A., The Bank of Nova Scotia, Wells Fargo Bank, National Association, HSBC Bank USA, N.A., and MUFG Bank, Ltd, and Sumitomo Mitsui Banking Corporation acted as a joint lead arranger and joint lead bookrunner on the term loan facility.

GURU Organic Energy Corp. (TSX: GURU) (“GURU” or the “Company”), Canada’s leading organic energy drink brand, is pleased to announce that it has entered into a three-year committed $10 million credit facility with the Canadian Imperial Bank of Commerce (“CIBC”), replacing its current facilities.

Seyfarth announced today the arrival of partner Paul Ferrillo to its Litigation department, global Privacy & Cybersecurity team, and Securities & Fiduciary Duty Litigation group in New York. Ferrillo was most recently a partner at McDermott Will & Emery LLP in New York.

Eric Schloemer has been promoted to Director of Business Development for Tiger Group, which specializes in a variety of asset dispositions and valuations, as well as secured debt financing and equity investments. The 14-year veteran of the financial services industry was previously a Senior Associate in Tiger’s Valuation Services division.