Blank Rome LLP is pleased to announce that Broocks “Mack” Wilson has joined the Firm as an associate in the Finance, Restructuring, and Bankruptcy practice group. He is based in the Firm’s Houston office. Mack joins Blank Rome from Gerger Law Firm PLLC. He represents debtors, creditors, officers and directors, investors, and trustees in Chapter 7 and 11 bankruptcy proceedings and bankruptcy litigation at trial and appellate levels

Utica Equipment Finance, a leading provider of equipment-based term loans and leases to companies throughout North America, today announced that Britt Stackhouse has joined the firm as a Managing Director based in New York City. He will be responsible for sourcing and developing client and referral relationships throughout the United States.

Robin will be using her 20-plus years of experience to originate and execute new asset-based lending relationships in the Upper Midwest region (IL, WI, MN, IA, MO, ND, SD, NE, KS). Her experience in business development, relationship management and field examinations provides a solid platform for delivering solutions that meet or exceed clients’ and financial sponsors’ goals.

Pinnacle Capital Finance is proud to announce the issuance of a $4.5MM line of credit to a leading San Francisco Bay Area design, manufacturer and distributor of indoor and outdoor modern furniture. The company supplies state of the art furniture and lighting to retail, restaurant, hospitality, rental and design companies located in the United States, Canada and some South American countries.

Adam Milton joins SB360 as a Senior Financial Analyst. He will be engaged in varied financial analyses of SB360’s business including acquisitions, collateral monitoring, dispositions, and special projects. Tiffany Arredondo joins SB360 as Assistant Vice President of Corporate Development. She will be responsible for corporate initiatives and assisting with new business. Tiffany will play a role in all aspects of assessing new business opportunities, generating business insights to further advance short and long-term growth strategies and priorities.

The funds will be used to support the working capital needs of the business.

The financing is the largest domestic debt facility raised for a portfolio of community and distributed solar and represents the third large umbrella facility AES DE has completed since 2017. Silicon Valley Bank (SVB), KeyBank N.A. and Nomura acted as coordinating lead arrangers.

Ralph Hamers, CEO of ING, will step down from his position and leave ING as of 30 June 2020. After 29 years at ING he will join UBS on 1 September 2020 and will become Group Chief Executive Officer per 1 November 2020. Over the past six years Ralph Hamers has transformed ING into a leading digital bank, on the way to become the go-to financial platform for our customers. He created value for all stakeholders and played a leading role in driving sustainability efforts in the financial industry.

David has been in the secured lending business his entire career and has held various leadership positions in both ABL and Equipment Finance.

Axiom Bank N.A., a Maitland-based, leading community bank, recently named Bryan Scheff as VP, Commercial Relationship Manager. In this role, Mr. Scheff will develop relationships with Axiom’s commercial partners in Central Florida.

Heritage Global Valuations ("HGV") is pleased to announce the addition of William (Bill) Kleibenstein, ASA to its Machinery and Equipment valuation practice. Bill comes to HGV with over 30 years of appraisal experience and is based in our new Milwaukee, WI office.

Asset Based Lending Consultants (ABLC) , one of the nation’s leading field examination outsource firms, is pleased to announce the opening of a new office in the Los Angeles, California area. This expansion helps to give ABLC a farther reach within the ever-growing ABL market. With an already global reach with offices in Hollywood, FL and London, England, the ABLC brand is only getting stronger.

Artis Trade Systems (“Artis”) added another bank to ArtisPay, its supply chain finance (SCF) software platform. On December 2nd, Artis entered into an agreement with 5Star Bank, a community bank in Colorado Springs, CO.

Stonebriar Commercial Finance (“Stonebriar”), a leading independent large-ticket commercial finance company, is pleased to announce a number of rating upgrades published by both Kroll Bond Rating Agency (“KBRA”) and Moody’s Investors Service (“Moody’s”) on its various asset-backed securities (“ABS”). Stonebriar is an experienced ABS issuer and servicer with approximately $2bn of outstanding ABS across 5 deals each backed by a variety of large ticket equipment asset types.

Nair joins California Bank of Commerce with more than 15 years of experience in commercial banking. He has held various positions with Wells Fargo, most recently serving as Vice President and Senior Treasury Management Consultant for the past three years. Nair was named Wells Fargo’s Top Treasury Consultant in 2018.

Encina Business Credit, LLC (“EBC”) announces the completion of a $25.0 million senior secured revolving credit facility for etailz, Inc. The facility will be used to refinance an existing facility and to support etailz ongoing working capital, capex, and general corporate requirements.

AJ Walter Aviation, part of the AJW Group (AJW), has closed a US$70m senior secured credit facility with Wells Fargo Capital Finance (UK) – part of Wells Fargo & Company – as lead bank and Shawbrook Bank (Shawbrook) as participant.

Newly closed transaction highlights Tiger's growing focus on valuation, asset-monetization and strategic financing for e-commerce businesses and stakeholders.

The $169 billion-asset Fifth Third will use a white-label lending service from Fundation that will allow it to approve and fund loans within a day. Small-business clients can apply for loans or lines of credit up to $100,000 through the new service, which the bank is calling Fifth Third Fast Capital.

UBS Private Wealth Management (PWM) is proud to announce that it has hired Denis J. Cleary and Gregory M. Devine, along with Analysts Abigail Harris, Seamus O’Neill, Mindi Chen and Christopher Carbone. Denis and Gregory will maintain offices in both Boston and Los Angeles.