Amerisource Business Capital announced the closing and funding of a $1,500,000 senior credit facility for a Texas-based transportation services which serves the construction industry. The proceeds were used to facilitate the purchase of additional vehicles and support their ongoing working capital needs.

DLL, global asset finance company for equipment and technology partnered with Forest River, Inc., manufacturer of a wide variety of quality recreational vehicles, cargo trailers, pontoon boats and specialty vehicles. Dealers of Forest River product will now have the benefit and option of financing floorplan and inventory purchases with a DLL line of credit, anywhere in North America.

Siena Lending Group LLC ("Siena") announces the completion of a three-year asset based revolving credit facility for a family‐owned and operated Textile Manufacturer (“Company”). The facility consists of a $50MM Revolver and a $8.1MM Term Loan. As one of the oldest textile businesses in the United States with a deep and rich history dating back to the mid-1800’s, the company and its 1,000 plus dedicated employees have consistently demonstrated their ability to provide high-quality fabrics and products to the industrial, workwear, retail, sportswear and protective markets.

Rosenthal & Rosenthal, Inc., the leading factoring, asset-based lending and purchase order financing firm in the U.S., today announced the completion of a recent $25 million factoring facility to support future growth opportunities for a major supplier of apparel and home goods.

Winston & Strawn represented One Homecare Solutions (“onehome”) in its sale to leading health and well-being company Humana Inc. (NYSE: HUM), from WayPoint Capital Partners (WayPoint), the private equity affiliate of a New York-based family investment office.

SDI Presence LLC (“SDI” or the “Company”), an IT consultancy and managed services provider (“MSP”), has secured a minority investment from Abry Partners, LLC (“Abry”), a Boston-based sector-focused private equity firm. FocalPoint served as exclusive financial advisor to the Company.

Northpoint Commercial Finance is pleased to announce the addition of David Zimmerman to their team as Business Development Officer for their asset-based lending division supporting North America-based middle and lower middle-market companies. He will report to Robert Wagner, General Manager and Head of Asset Based Lending.

Sallyport is thrilled to announce $2.0 million in accounts receivable and purchase order finance for an expanding apparel business. Sallyport already had a valued relationship with the client and had previously supported them with tailored financial services, so they had no doubts about returning to us when they found themselves in need of funding and a letter of credit in order for their suppliers to release their goods for shipping to the US.

Wintrust Receivables Finance announces its partnership with Pittsburgh-based, leading 3PL company Elite Transit Solutions (ELITE). The financing will support ELITE's rapid transformation from a regional transportation logistics company to a national brand fueled by its proprietary Chameleon TMS software.

Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”) announced today that Prospect has funded a $55 million first lien senior secured floating rate term loan to support the acquisition of Enseo Holdings, Inc. (“Enseo”) by an affiliate of H.I.G. Capital, LLC (“H.I.G.”).

PNC Bank, N.A. today announced the appointment of Kyle Myers as the regional president and head of Corporate Banking for Kansas City, effective immediately. In this role, Myers will lead the efforts to provide customers and clients in the market with access to a full range of products and capabilities through PNC’s differentiated Main Street Bank model.

Kredivo, the leading digital credit platform for retail borrowers across Indonesia, and Victory Park Capital Advisors, LLC ("VPC"), a global alternative investment firm headquartered in Chicago, today announced the expansion of the initial US$100 million debt facility closed in July 2020 to a new total of US$200 million. The capital will be used to fund consumer loans for Kredivo's borrowers in Indonesia.

Pacific Western Bank announced today that they have hired Steven Schwimmer to a newly created position as their new EVP, Chief Innovation Officer. Steve will be responsible for the Bank's systems and applications environment, as well as various Bank Operations Groups. He comes to the Bank with over 27 years of experience in the technology and process area of banking and financial services.

Raymond James has expanded recapitalization and restructuring investment banking group with the addition of senior banker Richard Klein. During his career, Klein has advised boards of directors, official and ad hoc creditors committees, private equity sponsors, and various creditor constituencies on transactions involving restructured liabilities. Klein’s transaction expertise includes in-court and out-of-court restructurings, M&A transactions, section 363 asset sales, rescue financing, and exchange offers.

CIT Group Inc. (NYSE: CIT) today announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as sole lead arranger on a $30 million credit facility to an online retailer of luxury accessories.

Credit Suisse (Switzerland) Ltd., ING Capital LLC and Wells Fargo Bank N.A. acted as senior managing agents in the facility. BNP Paribas served as global coordinator and administrative agent for the facility. Cadwalader, Wickersham & Taft LLP served as counsel to the lenders. Stroock & Stroock & Lavan LLP served as counsel to the borrower.

Schulte Roth & Zabel (SRZ) announces the addition of Gregory Ruback as a partner in the Finance & Derivatives Group, resident in the firm’s New York office. He joins SRZ from DLA Piper, where he was a partner in the Finance Group.

Wolters Kluwer has been named one of the Top 175 Workplaces in Minnesota by the Star Tribune in the Star Tribune 2021 Top Workplaces program. The prestigious program recognizes the most progressive workplaces in Minnesota and is based on employee opinions measuring engagement, organizational health and satisfaction. According to the newspaper, this year’s Star Tribune Top Workplaces survey analysis included responses from more than 76,000 employees at nearly 400 participating Minnesota public, private and nonprofit organizations.

Monroe Capital LLC (“Monroe”) today announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Marianna Beauty Holdings, Inc. (“Marianna”) by Arizona Natural Resources (“ANR”), a portfolio company of CORE Industrial Partners.

Lam refinanced and upsized its existing $1.25 billion facility maturing October 2022 with this new five-year $1.5 billion sustainability-linked facility. JPMorgan Chase is the administrative agent and BNP Paribas is acting as the sustainability structuring agent. Joint bookrunners and joint lead arrangers on this transaction include JPMorgan Chase, Goldman Sachs Bank USA, Barclays Bank PLC, Citibank, N.A., BNP Paribas Securities Corp., and BofA Securities, Inc.