With the U.S. Federal Reserve expected to make its first interest rate cut of the year this week, Chicago finance executives are voicing confidence in Chairman Jerome Powell in the face of fresh attacks from President Donald Trump on the independence of the central bank.

Wingspire Capital has announced the hiring of Katie Thornett as Managing Director - Healthcare Finance. She is responsible for spearheading the origination efforts for Wingspire’s healthcare strategy, and brings over two decades of broad experience in healthcare lending.

Bank of America today announced senior leadership appointments to further build and deliver its capabilities around the globe for clients, shareholders, and local communities.

RingCentral, Inc. (NYSE: RNG), a global leader in AI-powered business communications, today announced the expansion and extension of its existing credit agreement (the “Restated Credit Agreement”). The transaction was led by Bank of America and JPMorgan with other participants including Wells Fargo, Goldman Sachs, Morgan Stanley, and Mizuho, among others.

Joining from Fried Frank, Gede-Lange brings 20 years of experience representing private equity firms, investors and public and private companies in domestic and cross-border transactions, including leveraged buyouts, stock and asset acquisitions and divestitures, carve-out transactions, joint ventures and recapitalizations.

KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) announced that it repriced and upsized its outstanding Term Loan B for a new aggregate principal amount of $650 million due in 2032. The loan was repriced tighter by 75 basis points, reducing the coupon to SOFR plus 250 basis points. KREF intends to use the net incremental proceeds to repay other indebtedness and for general corporate purposes.

Independent global specialty re/insurance broker McGill and Partners has reported financial results for the six months ending June 30, 2025, alongside the completion of a US$300 million credit facility.

Truist Financial Corporation (NYSE: TFC) today announced Jenna Kelly as head of the Consumer and Retail practice group within Truist Corporate Banking and Travis Rhodes as North Carolina West regional president for Truist's Commercial Banking business.

TD Bank Group ("TD" or the "Bank") (TSX: TD) today announced executive appointments to further strengthen its leadership bench, enhance execution and elevate the client experience.

Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the growth of Narrative Strategies, LLC (“Narrative”), an existing portfolio company of Clarion Capital Partners.

Lincoln Financial (NYSE: LNC), a leading provider of insurance, annuities, group benefits, and retirement solutions, announced today the formal launch of its new private market fund, the Lincoln Bain Capital Total Credit Fund.

eCapital Corp. (“eCapital”), a leading tech-enabled specialty finance provider for small and medium-sized businesses across North America and the United Kingdom, announced the funding of a $7.5 million accounts receivable line of credit to support a multi-facility hospital operator in Texas.

Crosslake Group is pleased to announce the successful sale of the majority of its Aeromax Group Platform which includes Aeromax Industries, Inc., Continental Aircraft Support, Inc.and K&S Enterprises, LLC to a private equity buyer with deep experience in the aerospace and defense sectors.

J D Factors provided $8,300,000 in new factoring facilities to 28 new clients in the US and Canada during the month of August. Some of these facilities include a $750,000 factoring facility for a transportation company in Illinois and a $150,000 factoring facility for an industrial diesel service company in Texas.

J D Factors provided $8,300,000 in new factoring facilities to 28 new clients in the US and Canada during the month of August. Some of these facilities include a $750,000 factoring facility for a transportation company in Illinois and a $150,000 factoring facility for an industrial diesel service company in Texas.

Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, today announced it has extended a $150 million senior secured revolving credit facility to Activehours, Inc. d/b/a EarnIn (“EarnIn”), a leading earnings management company.

CIBC Innovation Banking announced today that it has provided a $1.6 million debt facility in growth capital to Vasco, an end-to-end Revenue Operations (“RevOps”) platform designed to align revenue teams, map customer journeys, and optimize go-to-market strategies. The financing will support Vasco’s continued product innovation and market expansion.

CareCloud, Inc. (NASDAQ: CCLD, CCLDO) (“CareCloud” or the “Company”), a leader in healthcare technology and AI-powered solutions for hospitals and medical practices nationwide, today announced it has closed a new $10 million credit facility with Provident Bank (“Provident”) on September 3, 2025, approximately $8.3 million of which was drawn down at closing to support the recent acquisition of the assets of Medsphere Systems Corporation (“Medsphere”).

Callodine Group ("Callodine") is excited to announce the launch of the Callodine Specialty Income Fund (Ticker: CALIX) (the "Fund"), a closed-end interval fund designed to provide investors with high current income through exposure to private credit and other yield-oriented investment strategies.

Finacity Corporation, a White Oak Global Advisors company, announced the successful closing of a $30 million senior secured revolving credit facility for Hornblower Group Inc., a leading global provider of tourism experiences and transportation services with a focus on maritime cruising activities.