Taronis Fuels, Inc., (“Taronis” or the “Company”) (OTCQB: TRNF), a global producer of renewable and socially responsible fuel products, today announced the closing of a $10 million senior, secured line of credit with Tech Capital, LLC (“Tech Capital”). Tech Capital is a wholly-owned subsidiary of Technology Credit Union in San Jose, California.

Taulia, the leader in working capital technology solutions, has today announced the appointment of Andy Lee as Director, Supply Chain Finance. Based in New York, Lee will be responsible for expanding Taulia's funding partners, building strategic relationships and supporting product development in North America.

CIBC Innovation Banking is pleased to announce a US$52 million growth capital financing with Exeter-based Vapotherm, Inc. (NYSE: VAPO), (“Vapotherm”), a global medical technology company focused on the development and commercialization of its proprietary high velocity therapy, which is used to treat patients of all ages suffering from respiratory distress. Vapotherm will use the funding to repay its existing revolving loan facility and term loan facility.

APi Group Corporation (the “Company” or “APi”) (NYSE: APG) announced today that it has entered into an incremental $250 million term loan facility, further strengthening the Company’s liquidity position. Citigroup Global Markets Inc., U.S. Bank National Association, Barclays, BofA Securities, Inc. and UBS Securities LLC acted as joint lead arrangers and bookrunners for the new term loan facility.

1st Security Bank announces that Robert Nesbitt has been promoted to the position of Senior Vice President, Commercial Lending Team Leader. Robert, who is based at the Bank's commercial lending offices in Mountlake Terrace, Washington, will be overseeing a group of commercial lending relationship managers and administering the continued growth of the Commercial and Industrial lending portfolio.

Funds managed by Brevet Capital (“Brevet”), a leading specialty finance provider with a dedicated focus on the government sector, today announced the successful completion of a $212 million term loan facility provided to Manchester Financial Group, L.P. (“Manchester”), a leading San Diego-based hotel and commercial real estate developer.

Ares Management Corporation (“Ares”) (NYSE: ARES) announced today that Raj Krishnan has joined as Partner and Chief Investment Officer of Ares Insurance Solutions (“AIS”). Mr. Krishnan brings more than 25 years of insurance asset management experience to AIS. He joins from F&G Annuities & Life (“F&G”) where he most recently served as Executive Vice President and Chief Investment Officer, overseeing F&G’s $28 billion investment portfolio. In his new role, Mr. Krishnan will oversee insurance asset management for AIS and help optimize investment returns for more than 100 insurance clients across the Ares platform.

Samson Resources II, LLC ("Samson" or the "Company") announced today that, pursuant to its regularly scheduled redetermination process, the Borrowing Base under its senior secured revolving credit facility has been redetermined by its lender group at $75 million with a one-year extension to November 2022. The Company ended the third quarter of 2020 with net debt of $3.5 million, providing ample liquidity for Samson to continue its development plans. Samson re-initiated its drilling and completion program in the Powder River Basin during August 2020.

Lucky Bucks (the "Company"), the largest digital skill-based coin operated amusement machine (COAM) route operator based in Atlanta, Georgia, announced today that it has completed an upsize on its existing credit facility, led by KeyBank N.A., raising an incremental $70 million in committed financing. The Company plans to use its incremental financing capacity to continue to capitalize on its acquisition strategy in distributed gaming and route-based operations in the State of Georgia.

Fifth Third Bank, National Association, announced today its second equity investment in Bellwether Enterprise Real Estate Capital, LLC (Bellwether Enterprise), the commercial and multifamily mortgage banking subsidiary of Enterprise Community Investment Inc. (ECI). In addition, Lars Anderson, executive vice president and vice chairman of Commercial Banking Strategic Growth Initiatives for Fifth Third, has been appointed to Bellwether Enterprise’s Board of Directors.

Leading global professional services firm Alvarez & Marsal (A&M) has appointed New York-based Luigi “Lou” Peluso a Managing Director in its Private Equity Performance Improvement group. Mr. Peluso, who has extensive experience in the aerospace and defense industries, will serve in the firm’s global Aerospace, Defense & Aviation practice. His appointment reflects A&M’s commitment to meet the aerospace and defense industries’ growing demand for advisory services in the face of unprecedented operational challenges.

GOVCON Asset Management Services, a division of GOVCON Funding Corporation has launched the Distressed Asset Redeployment Program (DARP), to assist global financial institutions in their ability to recapture investments within their Non-Performing Loans (NPL). Through the DARP program, GovCon Funding Corporation will provide strategic guidance, funding solutions, and asset management services to lending institutions. The DARP program focuses on financial institutions who have credit exposure to companies operating in the aerospace, defense, and government service markets.

Siena Lending Group continues to be a leader in the asset-based lending industry, consistently finding creative ways to offer our clients maximum flexibility and liquidity. We are proud to provide this overview of the financing solutions that Siena delivered in Q3 2020. In firm news, we’ve expanded into additional office space to support our ongoing growth, and our commitment to ensuring the safest possible work environment for our team members.

Gerber Finance, a leading finance partner for companies experiencing accelerated growth, announced the closing of a line of credit to Cerebelly, maker of organic, brain-supporting baby food. Cerebelly joins Gerber’s baby care product specialty under its recently launched Naturally Gerber Finance division, helping fast-growing companies in the natural products industry.

Asset coverage is expected to be pressured for business development companies (BDCs) heading into 2021, prompting Fitch Ratings to revise its Rating Outlook for the sector to Negative, as detailed in the agency's special report. Credit performance across BDC portfolios is expected to deteriorate in 2021 given the impact that the coronavirus pandemic will continue to have on the U.S. economy.

Truist Financial Corporation (NYSE: TFC) today announces the expansion of the Truist Commercial Community Banking Industry Consulting team, adding the beverage sector to its growing list of industry specialties. Joseph Goode has joined Truist as a beverage industry consultant. In this role he will partner with local bankers across the Truist footprint to deliver industry-specific knowledge, bespoke content and customized solutions to manufacturers, bottlers, distributors and related businesses throughout the beverage supply chain.

Crestmark secured a total of $30,557,358 in ABL financial solutions for 13 new clients; Crestmark Equipment Finance provided $2,309,779 in two new lease transactions; Crestmark Vendor Finance provided $8,572,042 in 117 new transactions; the Government Guaranteed Lending group provided $9,396,250 in financing for three new clients in the first half of October.

Gordon Brothers, the global advisory, restructuring and investment firm, announced today it has agreed to purchase the Machinery & Equipment (the “M&E”) of the four plants of Jose Sanchez Peñate (“JSP”) in the Canary Islands. The M&E will be leased back to the company.

Caltius Structured Capital (“Caltius”) is pleased to announce the closing of a growth capital investment in Santa Ana, Calif.-based Salas O’Brien. The investment will support Salas O’Brien’s continued national expansion via strategic mergers and organic growth initiatives.

Hilco Redevelopment Partners (HRP) announced that the company will invest hundreds of millions of dollars to decommission, demolish and remediate the former PES Refinery site, a site that has been a source of pollution for more than 150 years. HRP, the real estate development unit of Hilco Global, remediates and redevelops complex and obsolete industrial properties in cities nationwide.