Five Star Bank (the “Bank”), subsidiary of Financial Institutions, Inc. (NASDAQ:FISI), announced today that Kevin Quinn will be joining the Bank on August 10th as Senior Vice President and Commercial Banking Executive. Quinn will report to President and CEO, Martin K. Birmingham. Quinn will assume responsibility for commercial and industrial lending, business banking, cash management, community development and merchant services as well as leadership of Five Star Bank’s referral program, promoting relationship-building and business development between the Bank and its insurance and wealth management subsidiaries.

The Credit Managers’ Index from the National Association of Credit Management has rebounded to pre-pandemic levels after shutdowns and preventative measures greatly impacted the U.S. economy.

North Mill Capital, LLC announced it has provided a $900,000 accounts receivable credit facility for Sic Lazaro. The funds will be used to provide additional working capital to support the company's growth.

Sunflower Bank, N.A. is pleased to announce that its Leveraged Finance team worked to provide $10 million in revolving and term debt commitments to support the acquisition of iolo technologies (“IOLO”) by RealDefense, LLC (“RealDefense”), a portfolio company of Corbel Capital Partners and Broadstream Capital Partners. The transaction closed in June 2020.

CIT Group Inc. (NYSE: CIT) and its Healthcare Finance unit today announced a $25 million loan supporting Seavest Healthcare Properties' acquisition of the MLK Community Hospital Medical Office Building in South Los Angeles. The private, nonprofit hospital provides essential healthcare services for residents of the Watts, Compton and Willowbrook neighborhoods of Los Angeles.

TAB Bank is pleased to announce it has provided a $4 million asset-based revolving credit facility for a water bottling company based in California. The new facility is extended through a multi-year agreement and will provide for the ongoing working capital needs for the company.

Rally Capital Advisors, a middle market financial and transaction advisory firm has successfully sold substantially all of the assets of Arlington Plating Company (APC) to Garth Davies, a plating industry veteran, and also owner of Midwest Rustproofing and Enameled Steel. APC is an independent and globally positioned electroplating shop, named Top 50 in the United States for three of the last five years. APC's production lines consist of automated anodizing, nickel chrome (automated and manual), electroless nickel, semi-auto and manual buffing. APC sells end-user parts to a marquee list of customers with a diverse profile across the U.S., Italy, China, Canada and Mexico.

Bridge Bank today announced it has extended a venture term loan to Deep Lens, a Columbus, Ohio-based software company focused on accelerating clinical trial recruitment for the best-suited cancer patients to compress study timelines and bring game-changing therapies to market sooner. The company is venture-backed by Northpond Ventures, Sierra Ventures, Rev1 Ventures, and Tamarind Hill.

Z Capital Group, LLC ("ZCG" or the "Firm"), a leading privately held global investment firm with complimentary private equity and credit businesses, today announced the appointment of Shahid Khoja as a Director and member of Z Capital Credit Partners' ("ZCCP") Investment Team. Mr. Khoja is responsible for research and analysis on existing and prospective performing and distressed investments.

Amerisource Business Capital announced the closing and funding of a $4,500,000 credit facility for a real estate firm based in Texas. The proceeds are being used to refinance a maturing bank loan.

MidFirst Business Credit (MFBC) announced it has provided a $10 million working capital facility to Phoenix Group Metals, LLC (PGM). Headquartered in Phoenix, PGM operates three recycling locations for automotive cores and catalytic convertors in Phoenix, Houston, and Atlanta. The funds were used to refinance the payoff to an existing lender, provide additional working capital and help facilitate further business expansion. The transaction was completed on July 10.

Corbus Pharmaceuticals Holdings, Inc. (NASDAQ: CRBP) (“Corbus” or the “Company”), a clinical-stage drug development company pioneering transformative medicines that target the endocannabinoid system, today announced it has received an aggregate of $71 million in gross proceeds from its at-the-market (“ATM") offering coupled with the execution of a $50 million debt financing facility with K2 HealthVentures (“K2HV”), a healthcare-focused specialty finance company. Jefferies, LLC is serving as sales agent for the ATM offering. Morgan Stanley & Co. LLC acted as sole placement agent for the debt financing.

Elcio Barcelos will be joining the company as its new senior executive vice president and chief human resources officer. Greg Cunningham will continue to serve as chief diversity officer, reporting to Andy Cecere, U.S. Bank chairman, president and CEO, effective immediately. In addition to these moves, Dominic Venturo will be promoted to senior executive vice president and chief digital officer, reporting to Kate Quinn, vice chair and chief administrative officer

Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that acquires purpose-built healthcare facilities and leases those facilities to strong healthcare systems and physician groups with leading market share, announced today that it exercised $100 million of its accordion under its credit facility and has achieved a property portfolio size of over $1 billion.

LendCare Capital, a leading Canadian point-of-sale finance and technology company, announced today it has renewed and expanded one of the company's supplemental credit facilities for $75 million.

Farmer Bros. Co. (NASDAQ: FARM) (the “Company”) today announced it has amended its credit facility with JPMorgan Chase Bank, N.A to increase the Company’s flexibility in supporting its current and future business operations as the COVID-19 situation continues to evolve. The Company also provided a business update for the fourth quarter of 2020.

The Federal Reserve Board on Tuesday announced an extension through December 31 of its lending facilities that were scheduled to expire on or around September 30. The three-month extension will facilitate planning by potential facility participants and provide certainty that the facilities will continue to be available to help the economy recover from the COVID-19 pandemic.

Amerisource Business Capital announced the closing and funding of a $1,500,000 credit facility for a pre-packaged food manufacturer based in Illinois. The proceeds are being used to fund the company’s continued growth during COVID 19.

Leading global professional services firm Alvarez & Marsal (A&M) has announced the appointment of Rafael Aguirre as a Managing Director with the firm’s Global Transaction Advisory Group, based in Mexico City. His joining aligns the firm’s global perspective with its boots-on-the-ground approach and meets the Latin America market’s growing need for cross-border M&A, given an anticipated uptick in trade activity stemming from the United States-Mexico-Canada Agreement (USMCA).

Laybuy, a global leader in 'Buy Now, Pay Later' (BNPL) technology, announced today that it has secured a £80 million debt facility from Victory Park Capital (“VPC”), a leading global alternative investment firm. With plans for continued international expansion, the funding from VPC will fuel Laybuy’s growth in the UK.