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  • PizzaExpress Hires Advisers Ahead of Debt Talks With Creditors
    October 7, 2019
    PizzaExpress Ltd. hired financial adviser Houlihan Lokey Inc. to prepare for debt talks with its creditors amid tough trading conditions for U.K. restaurant chains, according to people familiar with the matter.
  • Encina Business Credit Provides $25 Million Facility to Pharmaceutical Company
    October 7, 2019
    Encina Business Credit, LLC (EBC) announced today that it has provided a $25 million senior secured credit facility to a pharmaceutical company. The company is focused on developing, manufacturing, and commercializing its three patented products, which aim to treat ADHD.
  • SSG Advises LuckyVitamin, LLC in the Sale of Substantially all of its Assets
    October 7, 2019
    SSG Capital Advisors, LLC ("SSG") acted as the investment banker to LuckyVitamin, LLC ("LuckyVitamin" or the "Company") in the sale of substantially all of its assets to Lucky Health Group, Inc. ("LHG"). The transaction closed in September 2019.
  • Fund Finance Partners Launches New U.S. Debt Advisory Business
    October 3, 2019
    Fund Finance Partners (FFP) today announced the launch of their new fund advisory business. FFP co-founders Zac Barnett and Richard Wheelahan bring a combined 35+ years of direct experience in the fund finance space. FFP will improve efficiency and investor returns for fund sponsors by optimizing fund and sponsor debt strategies.
  • WW Announces Prepayment of Portion of Term Loan Facility
    October 3, 2019
    On October 3, 2019, WW International, Inc. (WW) announced that it intends to voluntarily prepay $50 million in aggregate principal amount of term loans outstanding under its credit agreement on October 10, 2019. After giving effect to the prepayment, approximately $1.31 billion of term loans will remain outstanding under such credit agreement.
  • Crestmark Provides More Than $45 Million in Commercial Financing to 65 Businesses in the Second Half of September
    October 3, 2019
    Crestmark secured a total of $5,916,667 in ABL financial solutions for five new clients; Crestmark Equipment Finance provided $20,017,859 in 15 new lease transactions; Crestmark Vendor Finance provided $5,101,432 in 46 new lease transactions; the Joint Ventures Division provided $13,294,364 in financing for three clients; and the Government Guaranteed Lending Division provided $740,000 in financing for one new client in the second half of September.
  • ApplePie Capital Signs Strategic Partnership with LSQ Funding to Bring Efficient Accounts Receivable Financing to Franchising
    October 3, 2019
    ApplePie Capital, the first and only online lender dedicated to franchising, today announced a new strategic partnership with LSQ Funding Group, a leading technology-enabled provider of accounts receivable financing for small and mid-sized businesses.
  • LSQ and BDC New England Announce Partnership Providing Debt-Free Business Capital
    October 3, 2019
    LSQ and BDC Capital have announced a strategic partnership to bring new funding sources to developing businesses across the nation. Between both partners, companies will have access to a full suite of creative finance solutions, including invoice financing, asset-based lines of credit, SBA 7(a), 504 funding, and term loans, to name a few.
  • North Mill Posts Record Originations for the 3rd Quarter 2019
    October 3, 2019
    North Mill Equipment Finance LLC (“North Mill”), a leading independent commercial equipment lessor located in South Norwalk, Connecticut, announced today record originations for the 3rd Quarter of 2019. The best quarter in North Mill’s history, the company exceeded $43 million in funded volume representing a growth rate in excess of 30% from the prior quarter.
  • BHI Names Andrea S. Kantor Head of Healthcare and New Not-For-Profit Division
    October 3, 2019
    Kantor will oversee a team of specialized professionals delivering financing and banking solutions to BHI clients in the senior housing sector, as well as lead the practice in expanding to other healthcare related areas.
  • Kevin O'Hare Joins Pinnacle Bank as President of Their Newly Formed Capital Finance Group
    October 3, 2019
    Mr. O'Hare brings more than 40 years of lending and factoring experience to Pinnacle Bank. During that timeframe, he has been a part of several banking institutions as well as independent finance businesses. He also was the founder of a variety of private finance companies including Graystone Capital that he sold to Scott Valley Bank in 2014.
  • Stenn Appoints Top Industry Expert Steve Box as Strategic Advisor to the Board
    October 3, 2019
    Stenn International, an international provider of cross-border trade finance, today announces Steve Box, a globally-recognized visionary in the world of trade finance, as Strategic Advisor to the Board. Mr. Box is the Founder and Managing Director of Kata Executive Consulting Limited, with over 35 years of experience building and running businesses in invoice, trade, and receivables finance.
  • Winter Harbor Continues to Expand National Presence with Addition of Jay Montgomery
    October 2, 2019
    He specializes in strategic planning, process improvement, crisis management, cash flow forecasting, and expanding business operations. Jay is based in Columbia, South Carolina.
  • Sallyport Commercial Finance Helps an Engineering Firm with Growth Capital
    October 2, 2019
    Sallyport Commercial Finance provides a $2,000,000 accounts receivable facility to a company that specializes in engineering design and inspections.
  • Amherst Partners Welcomes Erik Morandi to the Restructuring Advisory Practice
    October 2, 2019
    Prior to joining Amherst Partners, Erik worked for Fiat Chrysler Automobiles (FCA) as a member of the Finance Leadership Development Program, completing intensive professional rotations in the company’s commercial, corporate, and industrial finance groups.
  • PowerBilt Hires Paul Boe as President of the 100-Year-Old Historic Golf Brand
    October 2, 2019
    PowerBilt Holdings announced today that Paul Boe has joined the company as its President. In this capacity, Mr. Boe will manage all strategic growth initiatives for the PowerBilt brand and its licensees. He will be responsible for the company’s brand development strategy and positioning, online sales, product development, new licensee acquisition and ongoing licensee management.
  • Tiger Group Sells Stake in BikeCo, LLC to Advanced Holdings Co., Leaving Recapitalized Wholesale Distributor Positioned for Growth
    October 2, 2019
    Less than a year after co-leading the acquisition of the wholesale bicycle operations of Advanced Sports Enterprises (ASE) in bankruptcy court, Tiger Capital Group has sold its stake in the newly formed BikeCo, LLC to joint venture partner Advanced Holdings Co. Ltd. As previously reported, on Feb. 1, 2019, the bankruptcy court approved the joint venture's winning bid of more than $23 million for the wholesale assets of ASE.
  • Westleaf Receives Additional $5.7 Million of Capital from ATB Financial
    October 2, 2019
    Westleaf has increased its term loan on The Plant, its fully completed extraction, manufacturing and product formulation facility, by $2.7 million and has secured a $1.0 million revolving credit facility to assist with working capital provided that any draw downs in relation thereto can only be made after final receipt of a standard processing license for The Plant from Health Canada.
  • Tyler Technologies Announces Expanded Revolving Credit Facility
    October 2, 2019
    Tyler Technologies Inc. (NYSE: TYL) announced today that it has entered into a new five-year, $400 million unsecured revolving credit facility. The new credit facility replaces Tyler’s existing $300 million secured credit facility, which was scheduled to mature in November 2020.
  • Postal Realty Trust, Inc. Enters Into $100 Million Credit Agreement
    October 2, 2019
    Postal Realty Trust, Inc. (NYSE:PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages properties leased to the United States Postal Service (“USPS”), today announced its entry, through Postal Realty LP, its operating partnership, into a credit agreement with People’s United Bank, National Association (the “Credit Agreement”) and certain other lenders thereunder.
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