White Oak Global Advisors, LLC (“White Oak” or “the Firm”) today announced it has entered a formal partnership with the Sustainability Accounting Standards Board (“SASB”), a global nonprofit founded to help businesses around the world identify, manage and report on a wide range of sustainability issues. This partnership will enable White Oak to incorporate SASB’s standards into its ESG research and underwriting processes for prospective credit issuance.

The credit facilities will provide working capital to further expand and support the Company’s future projected growth.

Encina Business Credit, LLC announced today that it has provided a $72.5 million senior secured credit facility to a leading manufacturer and distributor of heating, ventilating and cooling products used in both residential and commercial applications.

Leading global professional services firm Alvarez & Marsal’s (A&M) Healthcare Industry Group has expanded its Technology Advisory and Transformation services with the addition of Ian Donner and Avishek Nandi as Senior Directors in New York. This expanded capability is in response to clients’ increasing need for specialized technology advisory and strategic transformation services amidst complex healthcare challenges.

Metropolitan Commercial Bank today announced that Danny Tommasino joined the Bank as First Vice President, Senior Healthcare Lender. He will report to Luke J. Kaufman, First Vice President, Head of Commercial Lending. Mr. Tommasino brings 19 years of banking experience to Metropolitan Commercial Bank and has focused exclusively on the healthcare sector for the last ten years. He was recently Senior Vice President, Healthcare Practice Leader at BankUnited’s middle-market healthcare business.

Tradewind Finance has announced the completion of a $2 million post-shipment finance facility for a manufacturer and exporter of East Mediterranean food based in Lebanon. The company sells beans, vegetarian dips, jams, and olive oil, among other items, and exports to the USA, Canada, the UK, Europe, and the Middle East. The funding is being used to support the company’s growth and expand their production plant.

Wingspire Capital Holdings (“Wingspire”) is pleased to announce the funding of a $30 million senior secured working capital revolver to a leading distributor in after-market auto parts, consumer electronics and personal protective equipment. The borrower will use the funding to accelerate a turnaround plan that includes reducing expenses, eliminating slow-moving excess inventory and pursuing new customers with sought-after PPE products such as masks and thermometers.

Celtic Capital Corporation today announced its most recent new client relationship – a Kentucky-based wholesaler of industrial supplies, steel, fasteners and bearings. This 100+ year-old company has been family-owned and operated for many years and had recently fallen out of covenant with its bank line.

Stonebriar Commercial Finance is pleased to announce the promotion of Travis Bell to Managing Director of Originations. Mr. Bell joined Stonebriar in 2017 as part of SCF’ Real Estate platform acquisition. Travis has a demonstrable track record of success growing Stonebriar’s Real Estate platform and developing relationships across the industry. With his promotion, Travis will expand his focus to include Stonebriar’s General Equipment platform.

Bouchard Transportation Co., Inc. (privately held) ("Bouchard" or the "Company"), the nation's largest independently-owned ocean-going petroleum barge company, today announced that it and certain of its subsidiaries have filed voluntary petitions to restructure under chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Texas (the "Bankruptcy Court").

Crestmark is pleased to announce the appointment of Mark Collins as business development officer for Crestmark’s Business Credit group. Based in South Carolina, he will report to Senior Vice President, Business Credit Sales Manager James Farrell, and will provide asset-based lending, factoring, and other Crestmark products to businesses nationwide.

CIT Group Inc. (NYSE: CIT) today announced the launch of a new commercial online banking platform, designed to maximize efficiency and agility for Community Association Banking customers. With new and enhanced features, the platform offers a robust suite of digital tools.

Roadrunner Freight is a leading less-than-truckload (“LTL”) transportation provider. The Company services a diverse customer base across many industries including retail, industrial, food & beverage and health care with its differentiated point-to-point LTL model. The Crystal financing facilitated the final step of a multi-year corporate transformation to simplify Roadrunner’s business operations. The revolver, term loan and delayed draw term loan will be used for working capital and growth.

Tiger Group is now selling a selective offering of professional gear surplus to the continuing operations of Keslow Camera, a leading motion picture film and digital cinema camera rental company. Gear available for sale includes digital cameras from Red, Panasonic, Sony, and Canon; and lenses from Angenieux, Cooke, Baltar, Canon, and Nikkor; as well as heads, monitors, wireless units, magazines, tripods and other accessories from leading manufacturers.

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White Oak Healthcare Finance, LLC (“White Oak”) today announced it acted as sole lender and administrative agent on the funding of a senior credit facility to finance growth for National Partners in Healthcare, LLC (“NPH”). “NPH is a market leading anesthesia business with an impressive track record of growth,” said Ross Eldridge, White Oak’s EVP and Chief Originations Officer. “We are excited to partner with a company that provides such a high level of care and focus on the patient experience.”

Concord Financial Advisors announced it has served as the exclusive financial advisor for The O’Gara Group based in Fairfield, OH and arranges $21 million in senior debt. The senior secured revolving line of credit financing was provided By UMB Capital Finance and will be used to refinance existing debt & support working capital.

Stifel Financial Corp. (NYSE: SF) today announced it has materially enhanced the depth and quality of its London-based Capital Solutions Group through the addition of a team of bankers with experience across credit markets. This further develops the firm’s ability to offer full-service advisory and debt funding solutions to clients. Based in London, Jan-Erik Back, Duncan Sherriffs, and Alex Boyce have all joined Stifel, bringing with them the advisory business of Galiant Partners. Together, they have more than 50 years of combined experience as investors, advisors, and lenders.

- Substantial number of business owners make transformations to workforce, business processes, procedures and technology - While 97% of applicants call PPP essential to their business, more than half of all businesses say more government stimulus funding is needed - Despite dip since spring, optimism about the economy remains higher than during the Great Recession

Brown Gibbons Lang & Company (BGL), a leading independent investment bank and financial advisory firm, has established a Debt Capital Markets Group with the addition of Jason Sutherland, Olivier Lopez, and Collin Supple. Sutherland and Lopez have joined as Managing Directors, and Supple has joined as a Vice President; all three bankers will be based in BGL's Chicago office.