Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility for a growing distribution and warehousing company based in California and Georgia. Proceeds of the facility were used to refinance existing bank debt and to support increased working capital needs.

Avidbank Holdings, Inc. ("the Company") (OTC Pink: AVBH), a bank holding company and the parent company of Avidbank ("the Bank"), an independent full-service commercial bank serving businesses and individuals primarily in Northern California, announced unaudited consolidated net income of $3,452,000 for the third quarter of 2019 compared to $2,865,000 for the same period in 2018.

SSG Capital Advisors, LLC ("SSG") acted as the investment banker to THG Holdings LLC ("True Health" or the "Company") in the sale of select assets to Cleveland HeartLab, a wholly-owned subsidiary of Quest Diagnostics ("Quest"). The sale was effectuated through a Chapter 11 Section 363 process in the U.S. Bankruptcy Court for the District of Delaware.

Nearly a year after it began looking to ease its hefty debt load, Ferrellgas Partners LP is mired in a dispute with its most important lender and running out of time to turn things around.

Santander Bank today announced that Patrick Dunphy has been appointed Head of its Mid Corporate Banking and Verticals businesses within the Commercial Bank. In his new role, Pat will be responsible for leading the growth of Santander's mid corporate banking platform throughout North America, including managing teams based in Boston, Miami, Dallas and Chicago as well as the bank's Foreign Corporate Banking, Healthcare and Technology, Media and Telecommunications verticals. He will continue to report to David Swoyer, Head of Commercial Banking.

Utica Equipment Finance completed the funding of a CAD $2,300,000 term loan secured by machinery and equipment to a logging-based contractor located in Alberta, Canada and a $456,000 term loan secured by aircraft to a private aviation company.

Rick Malagodi joins Winter Harbor as a senior director, bringing over 30-years of restructuring, turnaround, and interim executive management experience to their team. Rick is a seasoned professional, having directed transactional processes including the raising of capital, guiding entities in out-of-court and court-supervised restructurings, and overseeing secured and unsecured debtor-side advising, liquidations, and M&A negotiations.

Spencer Savings Bank recently expanded its Retail Bank Business Development Group. Daniel Murphy and Anthony Axtmann will expand commercial deposit and lending relationships for the Elmwood Park-based community bank as business development officers, Spencer Savings said.

TD Bank, America's Most Convenient Bank®, announced today that its U.S. Small Business Administration (SBA) Lending Group closed $2.4 million combined in 7(a) term and 7(a) Express loans for The Kubert School in Dover, New Jersey, which offers a fully accredited three-year course for cartoon and graphic arts.

Lighthouse Financial Corp. is pleased to announce the completion of a $4,000,000 credit facility for a North Carolina-based manufacturer and distributor of narrow fabrics. The transaction included a $3,650,000 revolving line of credit along with a $350,000 term loan.

Mr. Gunderson has over 25 years of experience in the financial industry, largely in management positions. Until recently, he acted as Global Head of Trading Products at BMO Capital Markets where he held various management positions for more than a decade.

Mr. Johnson began his asset-based lending career in 1991 with BFI Business Finance where he became Executive Vice President. He grew loan commitments to $150MM and expanded BFI's geographical footprint to 13 western states.

Tempur Sealy International, Inc. (NYSE: TPX) announced that it has successfully completed the closing of its amended revolving and term loan senior secured credit facilities. The amended $850 million senior secured credit facilities include a $425 million revolving credit facility and a $425 million term loan facility.

Sallyport Commercial Finance provides a $1,500,000 accounts receivable facility to a company that focuses on high quality print for advertising and packing.

Vincent Repaci to head asset-based lending group as Managing Director Matt Magnuson named Managing Director, Head of Credit Analytics Chad Hersch, Jodi Joskowitz appointed to senior trading, sales roles

Bibby Financial Services (BFS) provided $1.8M in funding to an apparel company based in Quebec that designs and provides quality jean-wear products at accessible pricing. Bibby Financial Services (BFS) extended $250K to a Quebec business that specializes in medical staffing for nursing homes.

CIT Group Inc. (NYSE: CIT) today announced that CIT Northbridge Credit, through its investment advisor CIT Asset Management LLC, served as sole lead arranger on a $40 million senior secured credit facility for Hantover Inc., a leading distributor of products to the food processing industry.

Hitachi Capital America has announced its continuing software partnership with White Clarke Group, allowing the ongoing use of the CALMS Compass software solution to manage its floorplan/wholesale finance business. Hitachi Capital America’s relationship with White Clarke Group began in 2011 with the initial implementation of their CALMS Compass floorplan solution. At the time, Hitachi Capital America had been searching for an automated finance software solution to enhance both user and customer experience within their floorplan business.

Wells Fargo Commercial Capital announced today the realignment of its Canada-based Equipment Finance and Asset-Based Lending (ABL) originations teams into a newly integrated business unit, harnessing the collective expertise to enhance the customer experience. Nicolas Lessard now heads the combined team, which expands his previous role leading Wells Fargo Equipment Finance’s manufacturing group in Canada.

With the always improving quality of cinema and film and changing technology, the demand for quality assistance is always in constant flux. The Company sets itself apart from the industry with its unparalleled customer service, industry knowledge, experience and product depth. However, with the ever-growing list of clients, the Company found itself needing additional working capital in order to purchase new products to service new orders.

– ITC - Invoice to Cash, an Accutrac Capital Group Company, is excited to announce the launch of their new branding and accompanying website. ITC – Invoice to Cash provides fast and dependable financial solutions to small and medium sized trucking companies. This refreshed branding was done to better serve the North American trucking industry – with a focused effort to deliver services catered to the Hispanic market.

Prestige Capital, a 34-year-old specialty finance company based in Ft. Lee, NJ recently hired Stacey Huddleston of Kansas City, Missouri to join its team as Sales Director, Midwest. Mr. Huddleston has almost two decades worth of experience in the financial services sector specifically in the Commercial & Industrial and asset-based lending spheres.

Comvest Credit Partners (“Comvest”) acted as Administrative Agent and Joint Lead Arranger in a senior credit facility (the “Financing”) to support New State Capital Partners’ (“New State”) recapitalization of Global Holdings Acquisition, LLC. (“Global Holdings” or the “Company”).

iLOOKABOUT Corp. (TSXV:ILA; OTCQB:ILATF) (“ILA” or “the Company”), is pleased to announce the closing of a credit facility with Bank of Montreal’s Technology & Innovation Banking Group ("BMO"). The facility consists of a $1.5 million term loan (the “Term Loan”) and a $1.5 million revolving credit facility (the “Operating Facility” or together, the "Facilities"), both of which mature in October 2022.

Commitments upsized to $100 million, plus an accordion feature. Further supports acquisition and organic growth strategies. JPMorgan Chase and Bank of America Join Bank Group

On October 12, 2019, Endava plc (the “Company”) along with Endava (UK) Limited, Endava Inc. (the “Original Borrowers”) and Endava LLC (together with the Original Borrowers, the “Original Guarantors”) entered into a new multicurrency revolving credit facility (the “Multicurrency Revolving Credit Facility”) with HSBC Bank plc as agent

Rosenthal & Rosenthal, Inc., the leading independent factoring, asset based lending and purchase order financing firm in the United States, today announced the completion of a recent combined $5 million inventory production and asset based lending deal...

Worthy Lending LLC (WL) closed a multi-collateral ABL revolving finance facility for a northeastern electrical installation specialty company.

This transaction highlights SGCP’s ability to write larger checks as a result of its recent capital raise as well as our ability to provide a one-stop solution.

Trans-Lux is a leading designer and manufacturer of high-performance state-of-the-art digital display solutions and fixed digit scoreboards. The asset based credit facility is comprised of a working capital revolver and a machinery and equipment term loan.

Monroe Capital LLC today announced it acted as administrative agent and joint lead arranger on the funding of a senior credit facility to support TEAM Services Group’s partnership with AmeriBest Home Care, Inc.

New underwriting team will support BHI’s continued growth.

Coral Capital Solutions, a leading provider of financing solutions for businesses, today announced a $1.2 million annual factoring facility with a fast growing startup distributor of natural frozen hand-held pies.

Most recently John was the President of the Commercial Services division of Sterling National Bank where he led specialty lending teams in a highly regulated banking environment. Under John’s 20 year leadership, Sterling grew to one of the largest factoring companies in the United States.

Freeman handles a broad array of matters in the middle-market energy sector, including mergers and acquisitions, divestitures, securities offerings and other entity governance and commercial transactions. He primarily advises private equity-sponsored midstream and upstream energy ventures.

The new financial facility is provided by Barclays Bank, Citibank N.A., HSBC and Silicon Valley Bank for an initial €100m over a three-year term, with the option to extend the facility up to €140m and by a further two years, the company said.

In this role, Moenickheim will provide executive oversight to the company’s credit and risk management teams. His responsibilities will span all efforts in enterprise risk management, compliance and quantitative analytics.

CredoLab, a Singapore-based developer of bank-grade digital credit scorecards based on anonymous smartphone metadata, has partnered with iovation, a TransUnion company, specializing in device-based fraud detection and authentication solutions.

North Mill Capital LLC announced it has provided a $3,500,000 accounts receivable credit facility for Innominds Software, Inc., based in San Jose, California. The funds were used to pay off the previous lender and provide working capital for the company.

Gordon Brothers and Hilco Global announced that they will be operating liquidation sales beginning October 8, 2019 at all Forever 21 stores throughout Canada. This announcement comes after Forever XXI ULC (“Forever 21 Canada”) obtained an Order from the Ontario Superior Court of Justice on Monday October 7, 2019 approving a process to liquidate all locations. A full listing of closing locations can be found here.

Wells Fargo & Company (NYSE: WFC) announced today that Patricia Sutter, an industry and Wells Fargo veteran, has been named head of Wells Fargo Corporate Trust Services (CTS), effective October 15. Sutter will remain based in Chicago and report to David Marks, head of Wells Fargo Commercial Capital (WFCC). She replaces Troy Kilpatrick, who has led CTS since 2014 and is moving into a new leadership role supporting Wells Fargo's risk transformation work.

Capitala Group, a provider of capital to lower middle-market companies, is pleased to announce the addition of Harrison Pate to the Capitala team and the promotion of Kevin Roberts to Senior Associate.

Ferroglobe PLC (GSM) (“Ferroglobe” or the “Company”) today announced the closing of a new, five-year $100 million North American asset-based revolving credit facility (the “ABL Revolver”), between Globe Specialty Metals, Inc. (“Globe”) and QSIP Canada ULC, each a subsidiary of the Company, as borrowers and PNC Bank, National Association (“PNC”), as lender and agent.

BBVA USA has announced that it has hired David Galvez as its new Commercial Banking Relationship Manager, continuing its growth in the Inland Empire market less than a year after naming new leadership.

CIT Group Inc. (NYSE: CIT) today announced that Bob McElyea has joined the company as managing director leading CIT's Merchant and Card Initiative in the Treasury and Payment Services group. In this role, McElyea will lead the transformation of payment services for CIT's clients across all segments.

Goodman Factors, a name that for nearly 50 years has been tantamount to reputable and innovative factoring service to businesses nationwide, is changing. Goodman Factors is now Goodman Capital Finance, a name that better reflects its new and broader product offering.

MediPharm Labs Corp. (TSX: LABS) (OTCQX: MEDIF) (FSE: MLZ) (“MediPharm Labs” or the “Company”) a global leader in specialized, research-driven cannabis extraction, distillation, purification and cannabinoid isolation, is pleased to announce its wholly-owned subsidiary, MediPharm Labs Inc. (“MediPharm”) has closed a credit agreement (the “Credit Facility”) with a top 5 Canadian Schedule 1 bank (the “Bank”) for an aggregate $38.7 million.

Versant Funding LLC is pleased to announce that industry veteran, Chris Lehnes, is returning to his role of Business Development Officer based in Fairfield County, CT. Lehnes will be responsible for originating non-recourse accounts receivable factoring facilities from $100,000 to $10 Million per month to businesses across the country in a wide range of industries including oil and gas, apparel, manufacturing, distribution, and staffing which do not meet the credit standards of traditional lenders, often including businesses that are unable to obtain financing from other factoring companies.

Accord Financial Corp. ("Accord") (TSX: ACD), one of North America’s leading commercial finance companies, has created a new executive leadership position, hiring Cathy Osborne as Senior Vice President, Human Resources.

CIT Group Inc. (NYSE: CIT) today announced that its Real Estate Finance unit served as lead arranger on $87 million in financing for a portfolio of Storage Rentals of America-branded self-storage facilities.

The Hedaya Capital Group, Inc. is pleased to announce a $500,000 Factoring Facility for a beauty and cosmetics company based in New York. The company is a startup focused on the production and importation of Cosmetic Brush Sets, Nail Polish, Lip Gloss and Eyelashes.

Stonebriar Commercial Finance (“SCF”) is pleased to announce that Kyle C. Parks has been promoted to Executive Vice President and named part of the SCF Executive Management team. Kyle joined SCF in 2016 as Senior Vice President – Head of Direct Originations and currently manages SCF’s team of direct originators in the US and Canada.

Cambridge Wilkinson recently arranged $25 million in equity for a multi-strategy real estate development firm focusing on workforce housing, ground up-development and tax credit-related estate transactions.

Barclays, Deutsche Bank Securities, RBC Capital Markets, BofA Securities, BMO Capital Markets, Goldman Sachs Bank USA and J.P. Morgan acted as joint lead arrangers and bookrunners, and Credit Suisse, Capital One, Citigroup, Citizens Bank, Rabobank and TD Securities acted as joint co-documentation agents.

Provident Bank, a leading New Jersey-based financial institution, today announced the promotion of three executives. Robert Vivo has been promoted to Senior Vice President, Regional Director and Darleen Gillespie and Paula Palermo will now both serve as First Vice President, Regional Manager and report to Vivo.

Wolters Kluwer’s Compliance Solutions business has earned four 2019 Golden Bridge Awards for product innovations developed on behalf of financial services client firms. Compliance Solutions was honored with a Golden Bridge gold award for its CASH Workflow commercial lending solution, two silver awards for its OneSumX regulatory compliance offerings, and a bronze award for its Vanceo Mortgage automated loan operating system.

CIT Group Inc. (NYSE: CIT) today announced that its Real Estate Finance division provided a $56 million senior secured mortgage loan for the acquisition and renovation of the Bel Air Las Colinas Apartments, a multifamily complex in Irving, Texas.

JD Factors announced several factoring facilities.

Halcón Resources Corporation (“Halcón” or the “Company”) is pleased to announce that it has emerged from bankruptcy under Chapter 11 of the US Bankruptcy Code. By successfully completing its financial restructuring, the Company eliminated more than $750 million in debt and more than $40 million of annual interest expense, significantly enriching its financial condition.

KB Home (NYSE: KBH) today announced it has completed an amendment to its revolving credit facility, increasing the borrowing capacity to $800 million from $500 million and extending the maturity date to October 2023 from July 2021. The borrowing capacity can be further increased to $1 billion, subject to additional lender commitments.

Agera Energy and its affiliates have filed for chapter 11 bankruptcy protection in the United States Bankruptcy Court, Southern District of New York and is facilitating an asset sale to Constellation, a subsidiary of Exelon Corporation (Nasdaq: EXC), subject to bankruptcy court approval.

Horizon North Logistics Inc. ("Horizon North" or the "Corporation") (TSX: HNL.TO) announced today that the Corporation recently reached an agreement with its lenders to amend its credit facility. Among other things, the amended agreement maintains the existing revolving commitment of $150 million.

Biron currently serves as chief financial officer and Head of Planning Strategy and Finance Division at IDB’s Tel Aviv-based parent, Discount Bank. He succeeds Uri Levin, who has been promoted by Discount Bank’s Board of Directors to take on the position of CEO of Discount Bank in Israel.

Access Capital recently provided financing to HonorVet Technologies (“HonorVet), a Certified Service-Disabled-Veteran-Owned Small Business (SDVOSB). HonorVet provides the veteran community with employment opportunities in civilian workplaces in various industry verticals including information technology, light industrial, healthcare and telecommunications.

OnDeck (NYSE: ONDK), the leader in online lending to small business, today announced it will host events in New York and Denver this month featuring accomplished women entrepreneurs relating how they overcame challenges to build their small businesses. The "How She Built This" events are part of OnDeck's celebration of National Women's Small Business Month.

36th Street Capital announced a recently funded a $6 million equipment financing for a leading energy services company that provides fuel cell solutions to commercial clients.

Siena Lending Group LLC (“Siena”) announces the completion of a new asset-based revolving credit facility for Doodad Printing, LLC (“Doodad”). The proceeds will be used to repay existing debt and provide the business with additional working capital to fund the company's operations and growth.

Rosenthal & Rosenthal, Inc., the leading independent factoring, asset-based lending and purchase order financing firm in the United States, today announced the appointment of Phillip Daks as VP Account Executive in the firm’s West Coast office.

This year’s research surveyed 2,300 small and medium-sized businesses across 13 countries: Canada, USA, Ireland, UK, Netherlands, Belgium, France, Germany, Poland, Czech Republic, Slovakia, Hong Kong and Singapore.

Wintrust Financial Corporation (“Wintrust”) (WTFC) today announced the completion of its previously announced acquisition of STC Bancshares Corp. (“STC”). STC is the parent company of STC Capital Bank, an Illinois state-chartered bank, which operates five banking offices located in the communities of St. Charles, Geneva and South Elgin, Illinois.

ING Capital LLC ("ING") led a US$300 million syndicated financing on behalf of GT Commodities LLC ("GTC" / "Company"), the North American trading hub for Gerald Group, the world's largest employee owned metals merchant. The deal closed on October 4, 2019. ING, as Administrative Agent, structured and arranged this inaugural revolving credit facility. Deutsche Bank and Rabobank acted as Joint Lead Arrangers.

LBC Credit Partners announced an increase in the DreamLine senior secured credit facilities to support an investment in Arizona Shower Doors, LLC ("Arizona"). DreamLine is a portfolio company of MPE Partners.

According to the FBI’s Internet Crime Report, losses from Business Email Compromise (BEC) scams amounted to $1.3 billion in 2018 — twice the losses in 2017. Over the 12 months ending in July, more than 6,000 organizations were targeted each month by BEC scams, according to cybersecurity software firm Symantec.

Abacus Finance Group, LLC, a leading provider of cash flow-based, classic senior debt for sponsor-led buyouts of companies with $3 million to $15 million in EBITDA, today announced that it served as Administrative Agent and Co-Lead Arranger for $48 million in senior secured credit facilities to support the recapitalization of Receivable Solutions, LLC by WestView Capital Partners. Abacus also made an equity co-investment in Receivable Solutions.

Encina Business Credit, LLC (EBC) announced today that it has provided a $15.3 million senior secured credit facility to a manufacturer of thermoplastic molds & modeled parts.

The Garrington Group of Companies (“Garrington”) is pleased to announce the launch of IconiQ Finance (“IconiQ”).

Blacksail operates in both Canada and the United States, with key representation in the USA spearheaded by James Franz and in Canada by John Levac. Both have a strong history of success in the Asset Based Lending industry with a specific focus on deals ranging from $1-30 million in size.

The Garrington Group of Companies (Garrington) are pleased to announce the purchase of the assets of Liquid Capital Corp. via the Garrington subsidiary Liquid Capital Enterprises (Liquid Capital.)

At less than US$112bn, 3Q19 US M&A loan volume marked the lowest quarterly result in two and a half years, bringing total issuance for the year to less than US$395bn. Quarter-over-quarter M&A lending via the loan market has been eroding since 3Q18. Issuance for the first nine months of 2019 was down nearly 15% compared to the year-ago period.

The funds were used to pay off the current lender and provide additional working capital for the company.

The transaction was funded with cash on hand and the proceeds from a new senior secured credit facility, which consists of a $48 million senior secured term loan and a $12 million revolver from Goldman Sachs Specialty Lending Group, L.P.

Union Bank today announced Elaine Genevro as Head of Branch Banking for the Regional Bank. Genevro will oversee a network of more than 350 branches throughout California, Oregon, and Washington.

Utica Leaseco completed the funding of a $400,000 true lease secured by machinery and equipment to a hemp processing company located in California.Utica Leaseco completed the funding of a $500,000 capital lease secured by machinery and equipment to a hemp processing company located in Kentucky.

Heritage Southeast Bank announced today that Paul Hoerig has joined the team as Executive Vice President and Chief Credit Officer. Mr. Hoerig will manage all credit-related functions for the company’s three banking regions.

Kinderhook Industries has acquired Copperweld Bimetallics, a supplier of bimetallic wiring products, from THL Credit.

Ankura, a leading global business advisory and expert services firm, today announced the appointment of two new Senior Managing Directors based in London, UK — economist Andrew K. G. Hildreth and infrastructure and capital projects expert Jonathan Roe.

Welsh, Carson, Anderson & Stowe (WCAS), a leading private equity firm focused exclusively on the healthcare and technology industries, announced today that Lee Cooper, an accomplished healthcare executive, has joined the firm as an Operating Partner.

Horizon North Logistics Inc. ("Horizon North" or the "Corporation") (TSX: HNL.TO) announced today that the Corporation recently reached an agreement with its lenders to amend its credit facility.

Named Best in Business Bank, Private Bank and Attorney Escrow Services Categories; Ranks in Top Three in Business Bank Category for 10th Consecutive Year

Cars.com Inc. (NYSE: CARS) ("Cars.com" or the "Company"), today announced the completion of an amendment to its existing credit facility, which resets the total net leverage covenant during the remaining term of the credit agreement while preserving the favorable pricing structure from the original agreement.

CWB Franchise Finance (CWB), a division of CWB Financial Group, has partnered with Sterling Group to provide a debt refinance, renovation financing and a revolving line of credit.

Deluxe Entertainment Services Group, the Hollywood production services provider that had been backed by billionaire Ron Perelman, filed for a prepackaged Chapter 11 bankruptcy protection Thursday.

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, 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 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 (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.

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 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.

Global Medical REIT Inc. (NYSE:GMRE) (the “Company”), a net-lease medical office real estate investment trust (REIT) that owns purpose-built healthcare facilities leased to strong healthcare systems and physician groups with leading market share, announced today that it has entered into an amendment to its amended and restated credit facility.

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 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 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.

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.

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 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.

First reported by Business Insider, September’s Chapter 11 filing has now become a Chapter 7 bankruptcy, which means the company will cease operations and become a liquidation sales. According to the report, uBiome has been unable to secure any additional loans to keep it afloat while it was in bankruptcy protection.

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 provides a $2,000,000 accounts receivable facility to a company that specializes in engineering design and inspections.

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 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.

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 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 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. (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.

Yuma Energy, Inc. (NYSE American: YUMA) ("Yuma," the "Company," "we" or "our") today announced that it has entered into a Restructuring and Exchange Agreement (the "Restructuring Agreement") with Red Mountain Capital Partners LLC and its affiliates ("Red Mountain").

Kindred Biosciences, Inc. (KIN), a commercial-stage biopharmaceutical company focused on saving and improving the lives of pets, today announced the closing of a $50 million senior secured debt facility with investment affiliates managed by Solar Capital Partners, LLC.

Badger Daylighting Ltd. (“Badger”) is pleased to announce that its wholly-owned subsidiaries, Badger Daylighting Limited Partnership and Badger Daylighting Corp., have increased their senior secured credit facility (the “Credit Facility”) with a group of five lenders from $145.0 million to $300.0 million.

TKO Miller, LLC is pleased to announce the successful closing of TJ Hale Company’s debt financing, which will be used to support its growth and working capital needs. The debt package included a revolver, an equipment loan, and a cashflow term loan.

In support of Breast Cancer Awareness Month, the Hitachi Capital America Transportation Finance team will make a monetary donation to the Susan G. Komen organization. In an effort to help spread additional awareness, members of the team also plan to wear pink to all customer visits during the month of October.

White Oak Healthcare Finance, LLC (“White Oak”) today announced it acted as administrative agent and lead lender on the funding of a $241 million senior credit facility secured by 19 skilled nursing facilities diversified across 6 states. The total portfolio comprised over 2,000 beds.

Ferroglobe PLC (GSM) (“Ferroglobe” or the “Company”) announced today that it has obtained the consent of its lenders for and entered into an amendment (the “Amendment”) to its existing revolving credit agreement (the “RCF”).

LBC Small Cap, an affiliate of LBC Credit Partners, a leading provider of financing solutions to lower middle market companies, provided a unitranche credit facility and equity co-investment to support Susquehanna Private Capital’s (“SPC”) acquisition of McNally Industries, LLC (“McNally”).

Coral Capital Solutions, a leading provider of financing solutions for medium sized enterprises, today announced a $7.5 million annual factoring facility with a profitable, fast growing provider of rehabilitative, educational and therapeutic services to children.

PNC Bank, National Association, announced today the closing of a $57.3 million senior secured credit facility to support Dallas, TX-based Crossplane Capital’s acquisition of the Accent Family of Companies (Accent).

Among other items, the amended credit facility extends the maturity date from March 23, 2023 to September 27, 2024; increases the aggregate revolving commitments from $500 million to $600 million.

Tradewind has closed a deal with a tire company based in China to provide a recurrent facility of $800,000 to support the company’s export business to the USA. The supplier, whose products are sold globally, has additional branches in the United States, Africa, and Southeast Asia.

InterNex Capital announces recently completed transactions powered by Velocity, InterNex’s underwriting and business analytics platform.

LaPorta will be responsible for the growth of PCLC’s equipment sales finance business, primarily focused on Transportation, and the growth of PCLC’s other equipment markets.

The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs.

Clear Thinking Group LLC announced today that Mark Fagnani has joined the firm as a Senior Managing Director. Mr. Fagnani has more than 30 years of hands-on experience working with large bank groups, private equity sponsors, turnarounds, workouts and insolvencies.

Nebraska Book Company (NBC) entered into a new five-year, asset-based loan facility with CIT Bank. Part of the proceeds will be used to replace its existing credit facility with Callidus Capital Corporation, which will mature in January 2020.

Irene will be a member of the executive leadership team at Accord, focusing on all aspects of capital markets, including sourcing, closing and managing financing relationships. She will be located in the firm's New York office

Expansion of Operating Line of Credit to $4.5 Million; Renewal of $3 Million Acquisition Line of Credit

Conifex Timber Inc. (TSX: CFF) (“Conifex”) announced today that it has amended its lumber segment senior secured credit facility with its senior lenders to, among other things, provide additional short-term liquidity and waive certain covenants and milestones.

U.S. Xpress Enterprises, Inc. (NYSE:USX) (the “Company”), the nation’s fifth largest asset-based truckload carrier by revenue, today announced that it has amended the Company’s credit facility.

Rayonier Advanced Materials Inc. (the “Company”) today announced that it has reached agreement with lenders under its Senior Secured Credit Agreement and entered into an amendment (the “Amendment”) under which, among other changes, the lenders have agreed to relax the Total Net Senior First Lien Secured Leverage Ratio and Interest Coverage Ratio tests through 2021.

Modeso LLC dba RapidFunds ("RapidFunds" or the "Company") announced today that it has closed on a $70 million term loan facility, consisting of a $40 million delayed draw term loan and $30 million accordion feature, with a multi-billion dollar institutional investment firm.

The funds will be used to pay off the previous lender and provide additional working capital for the company.

Gibraltar Business Capital, an industry leader in alternative financing for middle-market businesses, announced an increase in its credit line with Wells Fargo, N.A. In 2018, Wells Fargo raised Gibraltar’s facility from $75 million to $100 million. This new increase takes the line up to $125 million, giving the asset-based lender additional capacity to serve its market.

Capital One announced today that it led a senior credit facility in support of the acquisition of Daniele International, LLC (“Daniele” or the “Company”) by Entrepreneurial Equity Partners (“e2p”). Capital One acted as lead arranger and administrative agent for the transaction.

CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, is pleased to announce that Chris Creger, Principal, and Antony Walker, Principal, are among this year’s Turnaround Management Association (TMA) Turnaround and Transaction of the Year award-winners.

Charlotte-based equipment and accounts receivable finance company is the only company to be named to the North Carolina Mid-Market Fast 40 List for eight consecutive years.

Celtic Capital Corporation today announced its most recent new client relationship – a California-based Company that distributes dry and frozen vegetarian food products.

Wesdome Gold Mines Ltd. (TSX: WDO) (the “Company”) is pleased to announce that on September 27, 2019 it closed its previously announced senior secured revolving credit facility (“NBF Facility”), with National Bank Financial Inc. (“NBF”) acting as the sole arranger.

The bank syndication supporting the new facility is comprised of a diverse group of eight banks led by JPMorgan Chase Bank, N.A. as Administrative Agent and BMO Harris Bank, N.A as Syndication Agent.

Applied Data Finance, LLC (ADF), a leading technology-enabled lender and asset manager, announced today that it has upsized its current senior credit facility with Victory Park Capital Advisors, LLC (VPC) from $200 million to $350 million.

The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new business volume for August was $9.2 billion, up 3 percent year-over-year from new business volume in August 2018.

CPS Technologies Corporation (CPSH) today announced that it has entered into a new three year $2.5 million credit facility with The Massachusetts Business Development Corporation.

Installed Building Products, Inc. (the “Company” or “IBP”) (NYSE: IBP), an industry-leading installer of insulation and complementary building products, today announced the closing of the private offering of $300 million in aggregate principal amount of 5.75% senior unsecured notes due February 1, 2028 (the “Notes”).

The Board of Directors of Wells Fargo & Company (NYSE: WFC) announced today that it has named Charles W. Scharf as the company’s chief executive officer and president, and a member of the Board of Directors, effective October 21. Scharf was chairman and CEO of Bank of New York Mellon.

The acquisition will strengthen City National Bank’s position as the third-largest bank based in Florida, one of the most robust financial services markets in the nation.

36th Street Capital Partners LLC (“36th Street Capital”), an independent provider of alternative funding solutions for the equipment financing industry, announced the appointment of Matthew Ozanich as Vice President of Risk Management.

Utica Leaseco is pleased to announce the completion of two transactions totaling over $800,000 during the week of September 23-27, 2019.

JPMorgan Chase Bank, N.A. serves as the administrative agent of the new facility, and each of JPMorgan Chase Bank, N.A., Bank of America, N.A., Bank of Montreal and Wells Fargo Bank, National Association served as joint lead arrangers.

The syndicate is comprised of 11 institutional lenders. Bank of Montreal acted as Administrative Agent, Lead Arranger and Sole Bookrunner for the Amended and Restated Credit Agreement. All figures quoted are in Canadian dollars.

Funko, Inc. (Nasdaq: FNKO) (“Funko” or “the Company”), a leading pop culture consumer products company, announced that certain of its subsidiaries entered into a Second Amendment to their existing Credit Agreement (the “Amendment”) that will reduce the interest margin by 75 basis points as a result of the Company’s strong performance over the past year.

Bibby Financial Services (BFS) provided $2M in funding to a manufacturing company based in New York that manufactures RFID tags for tracking inventory. Bibby Financial Services (BFS) extended $350K to a long haul carrier based in Michigan.

Catasys, Inc. (NASDAQ: CATS) (“Catasys” or the “Company”), a leading AI and technology-enabled healthcare company, has entered into a financing agreement with Goldman Sachs Specialty Lending Group, L.P. (“Goldman Sachs”) involving the placement of Senior Secured Notes due 2024 pursuant to a committed purchase of up to $45 million, comprised of a $35 million initial purchase and up to $10 million in additional issuances.

Pipeline Foods LLC, the first U.S.-based supply chain solutions company focused exclusively on organic, non-GMO and regenerative food and feed, announced today that it has successfully completed the renewal and syndication of its operating line led by Rabobank, and including ING Capital and CoBank in the syndicate.

EnPro Industries, Inc. (NYSE: NPO) today announced that it has closed the acquisition of LeanTeq Co., Ltd., a privately-held, Taiwan-based company. EnPro announced an agreement to acquire LeanTeq on July 22, 2019.

Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies today announced that it has entered into a third amended and restated $1.45 billion, five-year syndicated senior credit facility.

Monroe Capital LLC today announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility and equity co-investment to support Lovell Minnick Partners’ investment in Inside Real Estate.

Capitala Senior Loan Fund II, LLC, (“CSLF II”), announced today the closing of a credit facility with KeyBank Specialty Finance Lending (“KeyBank”), an affiliate of KeyCorp (KEY), and CSLF II. CSLF II is a joint venture between Capitala Finance and a leading insurance company, with a longstanding relationship with Capitala, and invests in senior secured loans to lower middle market companies.

Halcón Resources Corporation (OTC PINK: HKRS) (“Halcón” or the “Company”) announced that the United States Bankruptcy Court for the Southern District of Texas confirmed the Company’s prepackaged plan of reorganization (the “Plan”) under chapter 11 of the Bankruptcy Code and expects to emerge from bankruptcy within the next few weeks, subject to the satisfaction of all requisite closing conditions.

Espresso Capital announced today that it has provided New York-based Vidrio Financial, an award-winning financial technology platform for allocators to external managers, with a $5 million revolving debt facility. The company plans to use the capital to build its sales and marketing efforts and accelerate growth

Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) today announced several leadership changes across its investing business. Matt Nord and David Sambur have been promoted to co-lead partners of private equity. Olivia Wassenaar and Geoff Strong were promoted to co-leads of natural resources. Dylan Foo joined as co-lead of infrastructure.

The company produces a variety of clothing, ranging from lifestyle to work apparel. In addition to assisting in product design and development, the business also offers their customers a range of labeling and packaging referral services.

Beacon Roofing Supply, Inc. (Nasdaq: BECN) (“Beacon” or the “Company”) announced today the commencement of a private offering of $300.0 million aggregate principal amount of senior secured notes due 2026 (the “2026 Senior Notes”).

Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it has provided a $3.0 million credit facility to Delicate Productions, consisting of a term loan and a revolving line of credit. In addition to the financing, Delicate Productions utilizes a full suite of Pacific Mercantile Bank’s depository products and treasury management services.

Griffin Industrial Realty, Inc. (NASDAQ: GRIF) (“Griffin”) announced today that it entered into a new $15.0 million line of credit (the “Acquisition Credit Line”) with Webster Bank, N.A. (“Webster Bank”) to provide financing for real estate acquisitions.

Houlihan Lokey (NYSE:HLI), the global investment bank, announced today that Sean Fitzgerald has joined the firm as a Managing Director in the Capital Markets Group. Mr. Fitzgerald will focus on providing customized equity capital solutions to the firm’s corporate and financial-sponsor-backed clients for acquisition finance, growth capital, and balance sheet recapitalizations.

Revolution Microelectronics, producer of record-breaking horticultural LED lighting and controls, announced today that the Company has closed on a $2.5 million credit facility to stock its new 30,000 square foot distribution center in Atlanta.

Ares Commercial Finance (“ACF”) announced that James Paterson has joined as Managing Director, Business Development Officer in Los Angeles, where he will focus on originating asset-based lending opportunities on the West Coast. Mr. Paterson reports to John Nooney, Managing Director at ACF.

Qorvo® (QRVO), a leading provider of innovative RF solutions that connect the world, today announced that it proposes to offer, subject to market conditions and other factors, $300 million principal amount of senior notes due 2029 (the “Notes”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to certain non-U.S. persons in accordance with Regulation S under the Securities Act.

Tradewind has closed a $2 million export factoring facility for an electronics company based in Hong Kong that sells items such as smart watches, smart bands, and tablets to traders and retailers globally. The company is able to extend open account payment terms to their customers and continue to grow their business with Tradewind’s funding in place.

Holley Cold Storage Fruit & Produce Co. and Holli-Pac, Inc., two cold storage facilities with co-packing lines, have retained Equity Partners HG, in conjunction with Tranzon Properties of NY, LLC, to seek a buyer for the business and/or real estate of both locations either independently or combined.

CIT Group Inc. (NYSE: CIT) today announced that its Technology, Media and Telecommunications business has arranged an $18 million financing package for Denovo Ventures LLC.

TAB Bank is pleased to announce it has provided a $1 million revolving credit facility for a trucking company based in Montana. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs.

FSW Funding, a Phoenix-based company that specializes in financing solutions for small and mid-size businesses, recently hired Todd Weber as Director of Operations. Weber will manage the FSW factoring and asset based lending portfolios to minimize risk and increase operational efficiency.

The appointment is for a three-year term that begins on October 1, 2019 at which time Ms. Berkoff will join a select group of highly-experienced mediators assisting the Second Circuit with appellate disputes.

Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced Randy Lederman has joined the firm as Managing Director of Originations.

Burr & Forman announces the addition of Russell Heller to the firm’s Wilmington, Delaware office as an associate. He joins the Creditors’ Rights & Bankruptcy Practice Group, where he will work on bankruptcy and restructuring engagements.

Amerisource Business Capital announced the closing and funding of a $3,000,000 credit facility for a long haul trucking company based in Ohio. Proceeds of the facility are being used to finance an acquisition.

Auxly Cannabis Group Inc. (TSX.V - XLY) ("Auxly" or the "Company") is pleased to announce that its joint venture partner, Sunens Farms Inc. (“Sunens”), has closed the previously announced $84 million syndicated credit facilities, with the Bank of Montreal (“BMO”) as Lead Underwriter.

San Francisco-based private financial group provides financial advisory services to global digital publishing distributor.

Crystal Financial LLC announced the closing of a Senior Credit Facility for Computer Data Source (“CDS” or “the Company”) An accordion facility was also provided. CDS is a leading specialist provider of enterprise-level data center third-party maintenance, focused on high-end data storage.

Monroe Capital LLC today announced it co-sponsored Thunder Bridge Acquisition II, Ltd. (“Thunder Bridge II”), a special purpose acquisition company (“SPAC”). This is the second SPAC that Monroe Capital has co-sponsored. Last year, Monroe Capital co-sponsored Thunder Bridge Acquisition, Ltd. and supported its successful business combination with Repay Holdings Corporation (NASDAQ: RPAY).

Triumph Group, Inc. ("Triumph") (TGI) today announced the closing of its previously announced offering of $525.0 million in aggregate principal amount of senior secured notes due 2024 (the "Notes"), the amendment and extension of its credit facility, and the prepayment and discharge of its 4.875% Senior Notes due 2021 (the "2021 Notes"), which have been called for redemption.

Raven Industries, Inc. (the Company) (RAVN), announced today that it has entered a new, three-year, $100 million senior unsecured multi-currency revolving credit facility (the “Credit Facility”), with BofA Securities, Inc. acting as sole bookrunner and lead arranger.

Business Capital structured and delivered a $16.5MM project finance loan for Naumes, Inc., a family-owned operation that has been growing, packing, storing and selling tree fruit for over seven decades to domestic and international markets.

sPower, a leading renewable energy Independent Power Producer (IPP), today announced that the company closed on the debt financing and tax equity commitment for Prevailing Wind Park, in Bon Homme, Charles Mix and Hutchinson Counties in South Dakota.

This new facility was closed in less than 60 days and is being used to help increase sales and support open account payment terms to overseas suppliers.

Today, Northstar Commercial Partners is thrilled to announce the hiring of Jonathan Smith, who will be focused on strategically sourcing distressed commercial real estate properties and mortgages from banks and financial institutions.

The RiteScreen Company, LLC, the largest independent manufacturer of window and patio door screens in North America, announced it successfully completed a refinancing and has entered into a new credit facility with U.S. Bank N.A.

Commercial Finance Partners, headquartered in Boca Raton, Florida, is pleased to announce the recent addition of Kevin Soles to manage business development efforts in the Northeast.

Maverix would like to thank Canadian Imperial Bank of Commerce and National Bank of Canada for their continued support and confidence in the Company's business model as well as welcome The Bank of Nova Scotia as a new member to the syndicate. Maverix intends to use the Increased Facility for future royalty and stream acquisitions

Alvopetro Energy Ltd. (TSX-V: ALV; OTCQX: ALVOF) ("Alvopetro") announces that we have entered into a US$15 million Credit Agreement (the "Facility") with Cordiant Capital Inc. and its affiliates ("Cordiant").

Atlantic RMS the leading provider of Diligence, Workout and Collection Services to the ABL, ABS and Receivables Finance Industry, has extended its reach and presence in Germany.

Kurt Sequer, Senior Vice President, Commercial Banking, Steve Humphreys, Senior Vice President, Commercial Banking, Brian Michel, Senior Vice President, Commercial Banking, and Christy Chumney, Assistant Relationship Manager joined the Charleston, SC location.

Orrick announced today that structured finance lawyer Richard Hanson has joined the firm as a partner based in London. He joins from Ropes & Gray.

BancorpSouth Bank (NYSE: BXS) announced today that it has hired Jake Munn as president of Corporate Commercial and Industrial (C&I) and Syndications Lending to help the bank diversify its loan portfolio and build out its loan syndications operations.

Utica Leaseco and Utica Equipment Finance is pleased to announce the completion of two transactions totaling over $8,000,000 during the week of September 16-20, 2019.

BBVA USA announced today that it has named Luisa Gavino Martinez as its new Commercial Relationship Manager, where she will be tasked with managing and developing a robust portfolio of commercial and Global Wealth clients in the Austin market.

Austin Financial Services, Inc. (AFS) is pleased to announce the closing of a $3MM senior secured credit facility comprised of an AR and Inventory revolver to a southwest based developer & manufacturer of specialty chemical compounds used in oil & gas drilling and road constructio

OSG Group Holdings, Inc., the parent company of OSG Billing Services (with its related companies, “OSG”), a leading provider of omnichannel billing and payment solutions, customer engagement and critical customer communication management, today announced that it has completed a significant debt refinancing in connection with the acquisitions of Communisis PLC and NCP Solutions at the end of 2018.

Fifth Third Business Capital Canada Inc., a subsidiary of Fifth Third Bank, announced it acted as sole lender and administrative agent on the funding of a $7,000,000 senior credit facility to Scarborough, Ontario, Canada-based CLT Logistics, Inc.

MMA Capital Holdings, Inc. (Nasdaq: MMAC) today announced that its indirect wholly-owned subsidiary, MMA Energy Holdings, LLC, entered into a secured revolving credit facility with the lenders party thereto and East West Bank.

Refinancing reduces average cost of debt and significantly extends maturities from 2020 to 2024.

Headquartered in Medford, NY, Global Tissue Group is a leading private label paper manufacturer for paper towels, napkins, bath and facial tissue.

Crestmark secured a total of $12,650,000 in ABL financial solutions for 11 new clients; Crestmark Equipment Finance provided $10,041,309 in four new lease transactions; Crestmark Vendor Finance provided $4,761,049 in 53 new lease transactions; and the Government Guaranteed Lending Division provided $5,730,000 in financing for four new clients in the first half of September.

Utica Equipment Finance, a leading provider of equipment-based term loans and leases to companies throughout North America, today announced that Byron Howell has joined the Company as Managing Director-Sales. He will be responsible for sourcing and developing client and referral source relationships throughout the United States.

Crestmark is pleased to announce the appointment of Jon Ellis as vice president, renewable energy. Based in North Carolina, he will report to Crestmark President Mick Goik. With the addition of Ellis, Crestmark strategically increases a company focus on financing for the renewable energy landscape.

Upon the closing of the new term loan, which is expected next week, Cumulus will have fully refinanced the $1.3 billion term loan that the Company assumed upon emergence from Chapter 11 on June 4, 2018.

High Road Capital Partners (www.highroadcap.com) announced today that its portfolio company U-C Coatings (www.uccoatings.com) has completed the acquisition of the assets of the stains and industrial coatings business of Eco Chemical, Inc. (www.ecochemical.com), marking the company’s second acquisition under High Road’s ownership.

CIT Group Inc. (NYSE: CIT) today announced that its Real Estate Finance division served as co-lead arranger on $90.6 million in financing for a new multifamily housing project in Washington, D.C.

Axiom Bank N.A., a Maitland-based, leading community bank, recently hired Joe Dear as SVP, Commercial Team Lead. In this role, Dear is responsible for helping the bank’s commercial clients in Central Florida grow their businesses.

Wells Fargo & Company (NYSE: WFC) today announced the extension of its vendor financing relationship with Doosan and its businesses – including Bobcat Company, the compact machinery maker and distributor – through December 2023.

The collateral-based real estate loan is secured by a single-story building with elements of both cold storage and refrigerated space ideally located near the famed Fulton Street Fish Market.

For the second day in a row, the New York Federal Reserve injected a huge sum of money into the financial system in a bid to calm stress that has emerged in the overnight lending market.

Citizens Capital Markets, Inc., announced today that it served as the exclusive financial advisor to Trigon Holding, Inc. in the sale of substantially all of the assets of StelKast, Inc. to Globus Medical, Inc.

Judge Carey joins the firm following his retirement on August 31 from the United States Bankruptcy Court, District of Delaware, where he earned a reputation for being one of the nation’s top bankruptcy judges.

Peter Lowney, President of First Business Capital Corp., announced a recently closed and funded $11,000,000 revolving line of credit facility for a restaurant supplies distributor in Oregon.

In this role, Bagatelle will deliver an integrated product offering from across CIT to small and midsized clients, as well as their owners and senior managers, in the region.

BlueVine, which provides small and medium-sized businesses with access to fast and simple online financing, today announced that it has named fintech veteran Brad Brodigan its Chief Commercial Officer. In this role, Brodigan will be responsible for overseeing revenue-generating functions including sales, customer service, and partner management.

In a transaction designed to sharply scale its rapidly growing Uber partnership, vehicle subscription app Fair today announced a $500 million revolving credit facility led by Mizuho Bank that will allow drivers nationwide to access a rideshare-ready Fair car, regardless of credit.

Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (PMBC), today announced that it has provided a $5.0 million credit facility to RoadEx America. In addition to the financing, RoadEx utilizes a full suite of Pacific Mercantile Bank’s depository products and treasury management servi

Peabody (NYSE: BTU) announced today that it successfully completed an upsizing of its revolving credit facility with additional commitments of $215 million (aggregate facility size of $565 million) and extended the maturity date for $540 million of the facility to 2023 as part of a comprehensive refinancing initiative.

The industry leading financing structure will strengthen OppLoans’ mission of expanding credit access to underserved consumers.

This facility consists of a revolving line of credit based on accounts receivable. The loan proceeds will be used to refinance an existing facility and to support working capital.

MidMark Financial Group along with The Cynosure Group and The 4612 Group, announced a significant closing of $113 million in growth capital to acquire majority control of SG Credit Partners, Inc., in partnership with management. This investment is the initial phase of a plan to build SG Credit into a leading multi-product opportunistic credit platform.

Accord Financial Corp. (TSX – ACD) ("Accord") and Concentra Bank ("Concentra") are pleased to announce the formation of a strategic alliance and a $5 million private placement of convertible unsecured subordinated debentures. The strategic alliance, expected to be formalized by September 30, will allow both parties to deliver a broader range of banking and financing solutions to their clients, clearly enhancing the value they deliver in their respective markets. Accord and Concentra will also consider developing new products together as opportunities arise.

The law firm of Moritt Hock & Hamroff LLP with offices on Long Island and in New York City is pleased to announce that 18 attorneys of the firm were selected for distinction in the 2019 Metro Edition of New York Super Lawyers®.

Wells Fargo & Company (NYSE: WFC) today announced that Tracy Kerrins has been named chief information officer of Enterprise Functions Technology. Kerrins joins the company Oct. 21 reporting to Saul Van Beurden, head of Technology. She is based in Charlotte, NC.

Wells Fargo Capital Finance (UK) Limited, part of Wells Fargo & Company (NYSE: WFC), announced today that it has provided an Asset Based Loan (ABL) to Laura Ashley plc (LSE: ALY), the British textile design company.

B&G Foods, Inc. (NYSE:BGS) announced today the pricing of a $450.0 million tranche B term loan facility under B&G Foods’ existing senior secured credit facility. As previously announced, B&G Foods intends to use the proceeds of the new term loans, together with the net proceeds of B&G Foods’ previously announced offering of $550.0 million of 5.25% senior notes due 2027, to redeem all of B&G Foods’ outstanding 4.625% senior notes due 2021, repay a portion of B&G Foods’ borrowings under its revolving credit facility, pay related fees and expenses and for general corporate purposes.

Ultra Petroleum Corp. ("Ultra Petroleum" or the “Company”) (OTCQX: UPLC) announces that it has received unanimous approval from the lenders for its revolving credit facility (the “Credit Facility”) and entered into an amendment that, among other items, removes the financial maintenance covenants from the Credit Facility.

Jeffrey Hecktman, Founder and CEO of Hilco Global announced today that Nicole Rosciano has joined the holding company as Vice President, Chief Human Resources Officer. Ms. Rosciano started in the newly created position on September 16th.

TAB Bank is pleased to announce it has provided This Bar Saves Lives LLC dba This Saves Lives with a $1.75 million revolving credit facility. The new facility will provide for the company’s ongoing working capital needs.

Tradewind today announced that Jose Roca has joined the team as Senior Vice President in the firm’s New York office. Jose will be responsible for expanding the company’s sales base and program offerings.

Axiom Bank N.A., a Maitland-based, leading community bank, recently welcomed Lisa Johanning as VP, Consumer Loan Program Manager. In this role, Johanning will oversee the development and introduction of new credit lines for retail customers.

TD Bank, America's Most Convenient Bank®, announced it acted as sole lead arranger on the funding of a $20 million revolving line of credit for Betteridge Jewelers Group. The company will use the proceeds to refinance an existing revolver and for additional growth capital.

Sallyport Commercial Finance supplies a $1,000,000 accounts receivable facility and small cash flow loan to a company that provides customized delivery solutions for retail companies.

Crescent Capital Group LP, a leading alternative credit investment firm, announced today that its European Specialty Lending strategy has provided unitranche financing and an equity co-investment to support the acquisition of SRL Traffic Systems (“SRL”) by LDC, the U.K.-based private equity arm of Lloyds Banking Group. Terms of the financing were not disclosed.

Purdue Pharma, the maker of OxyContin, filed for Chapter 11 bankruptcy protection Sunday night, just days after striking a settlement with more than 2,000 local governments over its alleged role in creating and sustaining the deadly opioid crisis.

Peter Lowney, President of First Business Capital Corp., announced a recently closed and funded $7,500,000 revolving line of credit facility for a distributor of ceiling fans and lighting in Tennessee.

International law firm Dorsey & Whitney LLP is pleased to announce that Matthew (Matt) Bromberg has joined the Firm as a Partner in the Corporate Group in its New York office.

B. Riley Financial, Inc. (NASDAQ:RILY), a diversified financial services company, today announced that Jon Donnel has joined its Great American Group Advisory and Valuation Services, LLC subsidiary (“Great American”) as Managing Director of Oilfield Services based in Houston, Texas.

Maverix Metals Inc. (the "Company" or "Maverix") (NYSE American: MMX, TSX: MMX) is pleased to announce that it has secured commitments to upsize its revolving credit facility to borrow up to US$120 million (the "Increased Facility").

Deutsche Bank has joined banking rival JPMorgan's Interbank Information Network, a blockchain-based network comprised of over 60 banks, according to a Financial Times report.

McGuireWoods is expanding its formidable global banking and finance capabilities with the arrival of London partners Lee Cullinane, who will lead the firm’s Europe, Middle East and Africa (EMEA) finance group, and Marc Naidoo. Cullinane and Naidoo bring significant experience representing leading banks and other clients in cross-border and emerging markets transactions. They join McGuireWoods London from White & Case, where Cullinane formerly led the EMEA bank finance group.

Amerisource Business Capital announced the closing and funding of a $500,000 credit facility for a custom equipment fabrication company based in Texas. Proceeds of the facility are being used to support their working capital growth.

North Mill Capital is pleased to announce the funding of a $7,000,000 asset-based revolving line of credit and a $1,575,000 equipment term loan facility to Aerospace Manufacturing Group, Inc.

The United States Bankruptcy Court for the Southern District of Texas issued an order confirming Weatherford's Second Amended Joint Prepackaged Plan of Reorganization (the "Plan") of Weatherford International plc and its Affiliate Debtors under Chapter 11 of the United States Bankruptcy Code.

Hana Financial, Inc., one of the nation’s leading non-bank specialty commercial lenders, today announced that its SBA lending subsidiary, Hana Small Business Lending, Inc. has completed the issuance and sale of $56.2 million of asset-backed notes secured by the unguaranteed portion of a pool of loans originated pursuant to the U.S. Small Business Administration’s SBA 7(a) 504 loan program.

The new client is in the medical technology industry, creating software solutions to improve health care.

Ryman Hospitality Properties, Inc. (RHP) (the “Company”) announced today that RHP Hotel Properties, LP (the “Operating Partnership”) and RHP Finance Corporation (together with the Operating Partnership, the “Issuers”), its indirect wholly owned subsidiaries, priced the private placement of $500 million aggregate principal amount of 4.75% senior notes due 2027 (the “notes”).

The luxury retailer plans to use proceeds from the facility, also known as a FILO, to reduce its revolving credit facility and create $100 million in liquidity the company can access in the future. Neiman Marcus Group Inc. completed a $100 million first-in-last-out facility that it will use to pay down the company’s revolver.

Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (PMBC), today announced that it has provided a $4.5 million credit facility to BTG Textiles. In addition to the financing, BTG Textiles utilizes a full suite of Pacific Mercantile Bank’s depository products and treasury management services.

Utica Leaseco and Utica Equipment Finance is pleased to announce the completion of five transactions totaling over $10,000,000 during the week of September 9-13, 2019.

Fred’s Inc., a discount value retailer, has once again tapped SB360 Capital Partners as their exclusive consultant to conduct Store Closing Sales in all 81 remaining Fred’s locations. SB360 Capital Partners (www.sb360.com), one of North America’s leading asset disposition specialists, has closed 442 Fred’s locations since April of this year.

As the finance industry grapples with what the next generation of banks and payment systems will look like, it’s clear that partnerships are a linchpin for riding the wave of change successfully, whether you’re a multibillion-dollar traditional bank or a startup looking to bring cutting-edge technology into the mainstream.

Bill Fasel has joined Grant Thornton LLP as a managing director in the firm’s Strategic Solutions practice within Advisory Services. In this role, he will leverage the firm’s financial advisory and transformation capabilities to deliver turnaround and restructuring, operational improvement and transaction advisory services to underperforming and distressed companies and their creditors, lenders and other key constituents.

TradeCap Partners, LLC (“TradeCap”) structured a $4,200,000 PO facility for a consumer products importer to support seasonal promotional programs with multiple retailers.

CIT Group Inc. (NYSE: CIT) today announced that its Healthcare Finance business served as sole lead arranger for a $27.2 million loan for two assisted living facilities in Texas.

More than 1,500 well-maintained cranes, lifts, telehandlers, excavators and other assets from Aerial Access Equipment are available for immediate purchase.

B. Riley Financial, Inc. (NASDAQ:RILY) ("B. Riley" or the "Company"), a diversified financial services company, today announced the appointment of Dan Shribman as Chief Investment Officer. He is based in New York.

Wells Fargo (NYSE: WFC) announced that Stuart Brady, Vincent Ciminise and Ivan Ferraz will lead its newly integrated Commercial Banking operations in Nevada. The new roles stem from the bank’s recently announced regional structure for its Commercial Banking business.

Monroe Capital LLC today announced an increase in the credit facility to MC Group to support the merger of MC Group and Icon Identity Solutions (“Icon”), an existing portfolio company of Arcapita Investment Management US, Inc.

David Musicant hired as Citizens’ first West Region leader and Jim Malz to serve as new Midwest Region leader and Ohio President.

Wolters Kluwer’s Compliance Solutions business has launched CASH Tax Importer™ to its CASH Suite solutions set, helping commercial lenders safeguard and speed the entry of accurate tax return data used in underwriting commercial loans.

BofA Merrill Lynch, J.P. Morgan, and MUFG are acting as lead book-running managers for the offering.

NXT Capital acted as the Joint Lead Arranger, Joint Bookrunner and Administrative Agent for this transaction.

Colleen Daly-Tinkham joined Susan Carol Creative’s senior management team this month. She has more than 25 years of experience in marketing communications, most recently serving as vice president of marketing at Key Equipment Finance.

Bibby Financial Services (BFS) provided $2M in funding to a manufacturing company based in Ohio; extended $750,000 to an Indiana staffing company and included $1.85M extended to a Canadian oilfield services company, $1M in funding to US staffing companies, $500K in funding to Canadian transportation businesses, $250K in funding to a New York wholesale/distribution company and more.

By order of the U.S. Bankruptcy Court, District of Minnesota, Tiger Group, in cooperation with Loeb Winternitz, will conduct an online-only offering for well-maintained trencher/cable plows, hydraulic mini excavators, service trucks and other vehicles, and electrical parts inventory formerly owned by People's Electric Co., Inc.

Ronnie Bloom joins firm to support continued expansion in Canadian market.

YRC Worldwide Inc. (NASDAQ: YRCW) announced today it has completed a refinancing of its term loan obligations and entered into a term loan agreement (“Term Loan Agreement”) with funds managed by affiliates of Apollo Global Management, LLC (NYSE: APO) acting collectively as the Lead Lender for a $600 million facility.

Maxim Power Corp. ("MAXIM" or the "Corporation") (TSX: MXG) announced today that it, and certain of its subsidiaries, entered into two credit agreements that collectively provide for $75 million to fully fund the construction and development of MAXIM's 204 MW power plant located near Grande Cache, Alberta ("M2").

Yuma Energy, Inc. (NYSE American: YUMA) ("Yuma," the "Company," "we" or "our") today announced that an affiliate of Red Mountain Capital Partners, LLC ("Red Mountain") has purchased all of Yuma's outstanding senior secured bank indebtedness and related liabilities (the "Senior Secured Debt") totaling approximately $35 million from the Company's lending group, led by Société Générale.

ClearStream Energy Services Inc. (“ClearStream” or the “Company”) (TSX: CSM) announces that its wholly-owned subsidiary, ClearStream Energy Holdings LP (“CEHLP”), has entered into a first amending agreement with, among others, the Company and Bank of Montreal, as administrative agent, pursuant to which its third amended and restated credit agreement dated as of June 26, 2019.

Crestmark secured a total of $6,950,000 in ABL financial solutions for six new clients; Crestmark Equipment Finance provided $8,809,604 in three new lease transactions; Crestmark Vendor Finance provided $6,071,483 in 61 new lease transactions; and the Government Guaranteed Lending Division provided $30,233,000 in financing for five new clients in the second half of August.

Stonebriar Commercial Finance announced the closing of a $55 million equipment lease facility with a private equity owned manufacturer of ceramic fiber products and specialty microfiber materials.

Wintrust Receivables Finance is pleased to announce the closing and funding of a $10 million credit facility for a logistics firm based in Chicago. The firm was recognized in the 2018 Inc. 5000 as one of the fastest growing companies in the country.

B&G Foods, Inc. (NYSE: BGS), announced today that it intends to refinance its 4.625% senior notes due 2021 and existing indebtedness under its revolving credit facility with new tranche B term loans under B&G Foods’ existing credit facility and/or the issuance of new senior notes.

The Kabbage Small Business Revenue Index draws from the 2 million live data connections Kabbage maintains across more than 200,000 small businesses

The agreement increases the borrowing base from $45 million to up to $85 million, subject to certain conditions, and extends the maturity date of the debt to as late as June 2024, if the second tranche is drawn.

CIT Group Inc. (NYSE: CIT) today announced that its Healthcare Finance unit served as sole lead arranger on a $34 million financing for an assisted living facility in Richmond, Texas.

Tradewind has announced the closing of a $200,000 trade finance facility for a Peruvian exporter of grains, paprika, peppers and garlic. The company, which exports mainly to the USA, is applying the funds to enter new markets and support other initiatives for growth.

The Antares Bain Capital Complete Financing Solution (ABCS), a joint venture between Antares and Bain Capital Credit, today announced the closing of a senior secured unitranche credit facility to support the acquisition of Ventiv Technology by Tailwind Capital.

G2 Capital Advisors ("G2") is pleased to announce the expansion of its Technology & Business Services (TBS) industry team, with the addition of Jarl Berntzen as Managing Director and newly appointed Technology and Business Services Practice Leader.

MidOcean Partners, a premier New York-based alternative asset manager that specializes in private equity and alternative credit investments, today announced that Adrienne Dale has joined MidOcean Credit Partners as a portfolio manager for MidOcean’s collateralized loan obligation (“CLO”) strategies.

Oxford Finance LLC ("Oxford"), a specialty finance firm that provides senior debt to life sciences and healthcare services companies worldwide, today announced the closing of a $25.5 million term loan and revolving line of credit to PhysicianOne Urgent Care ("PhysicianOne" or "the Company"), an operator of 18 urgent care centers in Connecticut, Massachusetts, and New York.

CIT Group Inc. (NYSE: CIT) today announced its Power and Energy business served as coordinating lead arranger for $140 million in debt financing to support construction of the Lotus Solar Farm, a 67-megawatt solar project in Madera, California. Concurrent with financial close, the project was sold by 8minute Solar Energy to Allianz Global Investors.

Second amended Plan of Reorganization contemplates up to $2.1 billion in post-emergence new senior unsecured notes financing and at least $600 million in post-emergence first lien revolving credit facility financing

PG&E Corporation and Pacific Gas and Electric Company (together “PG&E”) today filed a joint Chapter 11 Plan of Reorganization (the “Plan”) in the United States Bankruptcy Court for the Northern District of California (the “Bankruptcy Court”).

PennantPark Investment Corporation (“we,” “our,” “us” or "PennantPark") (PNNT) announced today that it has completed all the necessary amendments to its multi-currency, senior secured revolving credit facility with certain lenders and SunTrust Bank acting as administrative agent (the “Credit Facility”).

Triumph Group, Inc. ("Triumph") (NYSE:TGI) today announced the pricing of its previously announced offering of $525 million in aggregate principal amount of senior secured notes due 2024 (the "Notes").

Agrios Global Holdings Ltd. announces that it has increased the size of its previously announced unsecured convertible credit facility (the "Facility") from C$8,113,000 (US$6,100,000) to C$8,571,500 (US$6,444,737) .

Aurora Cannabis Inc. ("Aurora or the "Company") (NYSE | TSX: ACB), the Canadian company defining the future of cannaorldwide, is pleased to announce that it has closed its previously announced amended and bis wupsized credit facilities with a syndicate of lenders led by the Bank of Montreal ("BMO").

Virtu Financial, Inc. (NASDAQ: VIRT) (the “Company”) a leading provider of financial services and products that leverages cutting edge technology to deliver liquidity to the global markets and provide execution services and data, analytics and connectivity products, today announced that its subsidiaries commenced marketing of a $525.0 million senior secured first lien term loan (the “Term Loan”) due in 2026.

Concord Financial Advisors announced that is arranged a $20 million senior secured revolving line of credit for a Midwest Lighting Company. The line of credit will be used to refinance existing debt and provide additional working capital.

First Commonwealth Financial Corporation (NYSE: FCF) today announced that its banking subsidiary, First Commonwealth Bank (“First Commonwealth”), completed the purchase of 14 central Pennsylvania retail banking locations from Santander Bank, N.A.

This team will help clients capitalize on growth opportunities and navigate challenges while facing unprecedented disruption from e-commerce, demographics trends, regulatory uncertainty, and shifts in consumer-brand relationships.

The in-kind donation is valued at over $75,000 at retail, and the shoes are being distributed through the Hilco Global philanthropic arm called Hilco Helps (www.hilcohelps.com).

IES Holdings, Inc. (or “IES” or the “Company”) (IESC) today announced that it has entered into an amendment to its credit agreement with Wells Fargo Bank, National Association.

VMAC Holdings LLC, a national owner and operator of rideshare, microtransit, and Transportation as a Service fleets, today announced the closing of a $5 million line of credit facility with Mercedes-Benz Financial Services USA LLC, a leading, captive financial services provider within the Daimler Mobility AG group of companies

King & Spalding today announced that Jonathan Arkins has joined as a partner in the firm’s Corporate, Finance and Investments (CFI) practice group in its New York office.

Artis Trade Systems (“Artis”) continues its rapid growth as it added another client to ArtisPay©, Artis’ Supply Chain Finance (SCF) software platform. On August 28th, Artis entered into an agreement with an independent lender based out of Austin, TX.

Allied Affiliated Funding, a division of Axiom Bank, N.A. provided $1,500,000 in receivables financing to a Florida-based company that has been in business for over a decade, designing and assembling communication systems for the government and large, commercial companies and $150,000 in receivables financing to a Texas-based start-up.

Rosenthal & Rosenthal, Inc., the leading independent factoring, asset-based lending and purchase order financing firm in the United States, today announced the completion of a recent $3 million inventory production finance deal for an iconic importer of women’s footwear.

With Sallyport’s assistance, the company intends to expand their product line and progress into other major Canadian retailers. Sallyport Commercial Finance is excited to collaborate with this company as they continue to fulfill their Hopes and Dreams and provide their customers with the “perfect tortilla.”

The Company has also filed a motion seeking interim and final approval of the U.S. Bankruptcy Court to enter into a proposed debtor-in-possession (“DIP”) financing agreement (the "Financing Agreement") with certain of the Company’s existing lenders, which would provide for up to $35 million in new funding.

Cheniere Partners intends to use the proceeds from the offering to prepay all of the outstanding term loans under its senior secured credit facilities due 2024 (the “CQP Credit Facilities”) and for general corporate purposes, including funding future capital expenditures in connection with the construction of Train 6 at the Sabine Pass liquefaction project.

Goldman Sachs Group Inc. is making another bet on a Latin American financial-technology startup, providing a secured credit facility of as much as $100 million to Mexico’s Konfio Ltd.

Restaurant Brands International Inc. ("RBI") (TSX/NYSE: QSR, TSX: QSP), 1011778 B .C. Unlimited Liability Company (the "Issuer") and New Red Finance, Inc. (the "Co-Issuer" and, together with the Issuer, the "Issuers") announced today that the Issuers have launched an offering of $500 million in aggregate principal amount of First Lien Senior Secured Notes due 2028.

Tradewind has provided a $15 million credit facility to a 75-year-old manufacturer headquartered in Europe with a subsidiary in the USA. The company sells globally and is using the facility to support 120-day open account payment terms.

After 34 years in private practice, Don joined ExWorks Capital as Chief Transaction Counsel and Managing Director in July 2019. He is responsible for managing and supervising legal matters for both domestic and international financing transactions.

Abacus Finance Group, LLC, a leading provider of cash flow-based, classic senior debt for sponsor-led buyouts of companies with $3 million to $15 million in EBITDA, today announced that it served as Administrative Agent and Sole Lender for senior secured credit facilities to support the acquisition of Kason Corporation by Advanced Material Processing (“AMP”), a newly-formed May River Capital portfolio company.

Calumet Specialty Products Partners, L.P., a leading independent producer of specialty hydrocarbon and fuels products, today announced that it has successfully amended the terms of its existing asset-based loan facility (the "ABL" or "the facility") to increase the borrowing base on the facility by approximately $100 million.

Team, Inc. announced the successful extension and amendment to its Credit Agreement. The Amendment (i) extends the maturity date to July 7, 2021, (ii) reduces the borrowing capacity from $300 million to $275 million, and (iii) provides an accordion feature.

SierraConstellation Partners (SCP), a national interim management and advisory firm to middle-market companies in transition, announced today that Philip Kaestle has been promoted to Senior Director and will relocate to Seattle as the firm establishes a presence in the Northwest U.S. market.

Urban Grid, a developer of solar projects throughout the United States, has closed a senior secured term loan facility for up to USD100 million with Crayhill Capital Management (Crayhill), a New York-based private credit manager and asset-based lender.

High Road Capital Partners announced that its portfolio company Banner Solutions has completed the acquisition of the assets of Specialized Builder’s Hardware, marking the company’s fifth acquisition under High Road Capital’s ownership.

Facing more than 2,000 states, cities and counties that blame drug makers and distributors for an epidemic of addiction and tens of thousands of overdose deaths, Mallinckrodt Plc has hired restructuring advisers to help limit its potential legal liabilities.

The company has been in business for 10 years and is licensed to re-create classic video games such as; Ms. Pac Man, Frogger, Street Fighter, WWE, Space Invaders, etc.

Carter will be based out of Southern California and will be responsible for driving sales in the region. CBC Business Credit is a department within California Bank of Commerce that offers asset-based financing to a broad array of businesses.

Wells Fargo Capital Finance, part of Wells Fargo Commercial Capital, announced three new business development officers (BDOs) have joined its Corporate Finance and Middle Market Loan Originations Groups, covering the nation’s Midwest, Northeast, and Southeast regions.

TAB Bank is pleased to announce it has provided a $1 million asset-based revolving credit facility for a machine parts manufacturing company located in Oregon.

Peabody (NYSE: BTU) announced today that it has launched a process to refinance its term loan and revolver with larger facilities to accommodate the pending PRB/Colorado joint venture with Arch Coal, increase financial flexibility, extend debt maturities and increase pre-payable debt as part of the company's previously announced comprehensive refinancing initiative.

Urban Grid, a leading developer of solar projects throughout the United States, today announced that it has closed a senior secured term loan facility (the "Facility") for up to $100 million with Crayhill Capital Management LP ("Crayhill"), a New York-based private credit manager and asset-based lender.

Today, Windels Marx announced the arrival of Partner Leon A. Yel, resident in the New York office joining from CKR Law.

CIT Group Inc., and its Southern California retail branch bank OneWest Bank, today introduced the next facet of the Launch and Grow initiative.

Caltius Equity Partners (“Caltius Equity”) is pleased to announce it has made a significant investment in Air Conditioning Innovative Solutions (“ACIS” or the “Company”), a founder-owned provider of commercial HVAC and plumbing maintenance and repair services in Texas.

Hitachi Capital America Corp. (HCA) today announced that Tom Waters has joined the company as Director, Clean Technology.

Dana Incorporated (DAN) has announced the closing of an amendment to its existing senior secured credit facility.

IDB Bank®, a New York-based private and commercial bank, today announced it has provided American Customer Care with a three-year $9.3 million loan.

OxyContin maker Purdue Pharma LP is preparing to seek bankruptcy protection before the end of the month if it does not reach a settlement with U.S. communities over widespread opioid litigation, three people familiar with the matter said, after some states balked at the company’s $10 billion to $12 billion offer in August to end their lawsuits as part of a negotiated Chapter 11 case.

Chembio Diagnostics, Inc. (Nasdaq: CEMI), a leading point-of-care diagnostics company focused on infectious diseases, today announced the closing of a $20 million term loan with an affiliate of Perceptive Advisors, one of the world’s leading healthcare-focused investment firms.

Park Hotels & Resorts Inc. (“Park” or “the Company”) (PK) today announced that it entered into a $950 million unsecured delayed draw term loan agreement (“Term Facility”) in order to help finance its previously announced proposed acquisition (“Acquisition”) of Chesapeake Lodging Trust (“Chesapeake”).

Business Capital (BizCap) structured and delivered a credit facility to Innominds Software, Inc., (Innominds) a provider of convergent design, technology and engineering solutions that accelerate digital transformation and growth for its enterprise clients, which include large blue chip technology companies.

Gibraltar welcomes Tony Vassallo as the newest veteran specialty-finance expert to join its experienced and dynamic Northeast regional business development team.

CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, has announced a major investment in its Restructuring & Dispute Resolution practice with the addition of eight industry veterans, including four partners, a managing director, and three senior managers.

LeClairRyan, the battered Richmond law firm that in recent weeks announced it would shut down in the face of mass defections, has filed for bankruptcy.

US middle market lenders are optimistic that post-Labor Day dealflow will be steady and could likely accelerate heading into the fourth quarter.

Neiman Marcus closed on a nearly $27 million loan for its Fort Lauderdale location, marking the second loan the struggling retailer has secured in recent months in South Florida.

Capital One announced that it recently appointed Jeff Goldsmith to its Underwriting and Portfolio Management team.

B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley") today announced its investment banking subsidiary, B. Riley FBR, Inc., served as exclusive financial advisor to PCM, Inc. (NASDAQ: PCMI) ("PCM") in connection with its completed sale to Insight Enterprises (NASDAQ: NSIT) ("Insight").

In order to complete numerous purchase orders and to prepare for a very busy year end, this midwestern manufacturer and servicer of 21st century state-of-the-art printing presses looked for a flexible lender able to finance its inventory.

Byron Stafford, a professional Asset Manager who provides institutional and individual investors with a broad array of equity and fixed income products designed to meet long-term goals, today announced that it has added private equity to its growing stable of alternative offerings for clients.

Standard & Poors Corp. lowering its debt ratings on J.C. Penney Corp. Inc. due to continued revenue declines and the increasing likelihood that they’ll have to pursue a distressed debt exchange.

Avidbank Holdings, Inc., (OTC Pink: AVBH), a bank holding company and the parent company of Avidbank, announced today that Gina Thoma Peterson will join the Bank as Executive Vice President and Chief Operating Officer.

Ultimate Finance is to withdraw from the unsecured loan market to concentrate on further investment in asset-based solutions.

Celtic Capital Corporation today announced its most recent new client relationship – a California-based Company that conducts telephone and mail solicitation for 501-C3 charitable organizations or political organizations.

Byline Bank Sponsor Finance ("BSF") announced that it has provided revolver and term credit facilities to finance Kian Capital’s recapitalization of The Eastwood Company (“Eastwood”). BSF was represented by Duane Morris, LLP.

Bibby Financial Services (BFS) has increased Veenak International’s asset funding package to £10m, which will allow the healthcare wholesaler to expand its product offering.

With the latest round of tariffs on a wide swath of goods from China set to hit Sunday, the head of a major trade association representing the apparel and footwear industry is warning the United States is fast approaching “retail Armageddon.”

Tradewind has closed a $2 million export factoring facility for an electronics company based in Hong Kong that sells items such as smart watches, smart bands, and tablets to traders and retailers globally.

Forever 21 Inc. is preparing for a potential bankruptcy filing as the fashion retailer’s cash dwindles and turnaround options fade, according to people with knowledge of the plans.

We are pleased to announce that Hovde’s client, Omaha, NE-based Foley Business Capital (“FBC”), a subsidiary of Foley Holdings (“Foley”), has announced its sale to Memphis, TN-based Vero Business Capital, LLC (“Vero”), a portfolio company of SouthWorth Capital Management (“SouthWorth”).

Terese L. Arenth, a partner in the Garden City law firm of Moritt Hock & Hamroff LLP, was recently appointed by the American Bar Association (ABA) to serve as Vice-Chair of its Promotion & Marketing Law Committee of the ABA Section of Intellectual Property.

People's United Bank, N.A., a subsidiary of People's United Financial, Inc. (NASDAQ: PBCT), announced its Healthcare Finance and Capital Markets Divisions provided a $92 million Credit Facility to MidCap Financial ("MidCap"), a middle market-focused, specialty finance firm that provides senior debt solutions to companies across all industries.

Sallyport Commercial Finance assembles a $250,000 Accounts Receivable facility to a commercial home care agency.

White Oak Commercial Finance announced today the origination of a new revolving credit facility to healthy meal service company The Good Kitchen.

Capital One announced today that it served as the sole lead arranger and administrative agent for a senior secured credit facility for Nova Medical Centers, an occupational medicine provider with 50 locations in Texas, Georgia, Tennessee and Indiana.

Liberty Tax today announced that they have entered into a definitive purchase agreement whereby Liberty Tax will acquire Sears Hometown's Outlet business as well as its Buddy's Home Furnishings Stores in an all cash transaction valued at up to approximately $132.9 million.

Equity Partners (RLH) is pleased to announce that Ryan Smiley has become a Managing Director of the firm.

Byron Stafford today announced that David Din Hwa, Chairman and Chief Executive Officer of Top Investment Bank, has joined the Company's Board of Directors.

Sidley Austin LLP is pleased to announce that Derek Zaba has joined the firm. He will be a partner in Sidley’s global M&A and Private Equity group and co-leader of the shareholder activism practice. A highly regarded shareholder activism defense adviser, Mr. Zaba is joining Sidley in Northern California from PJT Camberview Partners, a leading provider of investor-led advice to public companies.

Mayer Brown announced that Louis Chiappetta has joined its global Restructuring, Bankruptcy & Insolvency (RBI) practice as a resident partner in Chicago. Previously, Mr. Chiappetta was at Skadden, Arps, Slate, Meagher & Flom LLP.

The U.S. business climate remains strong with many companies in growth mode despite recent global economic headwinds – even as the current economic expansion enters its 11th year – according to a new report from Citizens Bank.

Monroe Capital LLC (“Monroe”) today announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Lone Star Disposal, L.P., Delta Waste Services, L.P., and Tanner Road Facility, L.P. (together, “Lone Star”) by private equity sponsor J.F. Lehman & Company.

Terese L. Arenth, a partner in the Garden City law firm of Moritt Hock & Hamroff LLP, was recently appointed by the American Bar Association (ABA) to serve as Vice-Chair of its Promotion & Marketing Law Committee of the ABA Section of Intellectual Property.

Hilco Streambank, a leading intellectual property advisory firm specializing in the valuation and sale of intangible assets, has been retained by Charming Charlie to solicit interest in the brand and related intellectual property assets, including trademarks, domain names, a sizable customer database and social media assets.

Mr. Paster, a Managing Director, will be based in New York and is scheduled to begin his role in the fall of 2019. He will report to Bill Mansfield, Regional Head of Global Markets for the Americas; and to Tatsuo Ichioka, Deputy Regional Head of Global Markets for the Americas.

Gogo (GOGO), the leading global provider of broadband connectivity products and services for aviation, today announced the completion of its previously disclosed $30 million asset-based revolving credit facility.

Entrepreneur Growth Capital (“EGC”) is pleased to announce that it has closed a $4MM working capital facility to a mid-western wireless phone distributer (“the Company”).

An accomplished trial lawyer, Ms. Smith represents clients in patent litigation concerning their most important products and key innovations. While her trial practice has focused primarily on patent litigation, she also has experience litigating trademark, copyright, trade secret, and related IP matters.

UK-based bakery and ingredients group Real Good Food has secured a credit facility from Leumi ABL (Leumi) to repay debt.

The Term Loan represents the Company's 5th transaction closed in 2019 providing credit-based capital solutions to value-add operators in the cannabis sector while generating attractive returns for Trichome Financial shareholders.

Pareteum Corporation (Nasdaq: TEUM), the rapidly growing cloud communications platform company, today announced that it has successfully concluded an Amendment to the Credit Agreement dated February 26, 2019, with its senior secured lender, Post Road Group.

UMB Capital Finance is pleased to announce that Lisa Adams has joined its rapidly expanding business development team as Senior Vice President - Asset Based Lending. Lisa will cover the marketing efforts of our company’s Pacific Northwest region and will provide additional coverage to our already established California region.

The Company was seeking a lending partner who understood the unique challenges inherent to its business and industry, but was willing to provide greater flexibility than its current bank lender.

In this role, Ocampo will oversee the continued growth of Axiom Bank’s digital services and products. Josh has been instrumental in identifying new digital channels designed to make life easier for Axiom Bank customers.

Franklin Capital, a finance company providing multi-asset funding to small and medium-sized businesses, today announced the launch of a newly revamped website. Franklin’s redesigned site offers quick and easy access to essential company information and a comprehensive understanding of the services Franklin offers.

Highview Capital, LLC (“Highview”), a Los Angeles-based middle-market private equity firm, today announced the promotions of P.J. Gilbert to Principal and Kapish Haldia to Senior Associate and the addition of Kelly Cash as an Associate.

FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Christopher Conover and Bill Stotzer as Managing Directors within its Corporate Finance & Restructuring segment, further strengthening the firm’s business and finance transformation service offerings.

Retailers Face Tough Decisions as China Tariff Pressures Mount, authored by Tim Anderson, Sr. Vice President of Hilco Valuation Services/Retail Appraisal Operations, examines the distinct challenges now facing U.S. retailers, the actions those retailers are taking in the face of trade uncertainty, and how asset-based lenders should be thinking about their retail portfolios during this time period.

Headquartered in Brattleboro, VT, Long Falls is manufacturer of specialty fiber based paperboard.

July New Business Volume Up 15 Percent Year-over-year, Down 5 Percent Month-over-month and Up 3 Percent Year-to-date

Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos Group” or the “Company”) has entered into a credit agreement (the “Credit Agreement”), as administrative agent and lender, with Cronos Growing Company Inc. (“Cronos GrowCo” or “GrowCo”), as borrower, in respect of a $100 million secured non-revolving term loan credit facility.

Fifth Third Business Capital, a division of Fifth Third Bank, announced it acted as sole lender and administrative agent on the funding of a $9,500,000 senior credit facility to Leola, Pennsylvania-based Ross Technology Corporation (“Ross”).

The Turnaround Management Association (TMA) has selected Walsh Partner Sydney J. Darling as the recipient of their 2019 Emerging Leader Award. The peer‐nominated award recognizes a professional each year who brings vibrancy and energy to volunteer organizations, with innovative perspectives and fresh ideas, and honors their contribution to TMA Global.

Led by The Bank of Nova Scotia as Agent and a syndicate including Wells Fargo Bank, ATB Financial, and The Toronto-Dominion Bank, the Credit Facility consists of a Canadian Syndicated Revolving Facility of C$150.0 million, a Canadian Operating Facility of C$20.0 million, a U.S. Revolving Facility of US$50.0 million, for a total facility size of approximately C$ equivalent $236.0 million.

Newbridge Global Sourcing (Newbridge), an alternative capital provider, has expanded its service offering to include Accounts Receivable Financing and Asset-Based Lending in response to market need. With complementary products, Newbridge offers clients maximum funds available while helping clients improve supplier relationships.

Crestmark secured a total of $850,000 in ABL financial solutions for three new clients; Crestmark Equipment Finance provided $7,328,266 in five new lease transactions; Crestmark Vendor Finance provided $9,442,735 in 79 new lease transactions; and the Government Guaranteed Lending Division provided $5,393,000 in financing for two new clients in the first half of August.

Bringing more than 20 years of financial services experience to his new role, Shanahan joins Citizens from Wells Fargo Capital Finance, where he was a Director in the Retail Finance Group.

Monroe Capital LLC (“Monroe”) today announced it acted as sole lead arranger and administrative agent on a $50 million senior secured revolving credit facility to support working capital, organic growth and potential acquisitions for KushCo Holdings, Inc. (the “Company”).

AVENUE Stores, LLC, on Friday August 16, 2019, filed for Chapter 11 reorganization and authorized store closing sales by a joint venture of Gordon Brothers and Hilco Merchant Resources have commenced.

Antares announced today that it served as sole lead arranger and is acting as administrative agent for a senior secured credit facility to refinance existing debt and to provide additional capital to support the continued growth of Mountaingate Capital’s Tinuiti.

DRB Financial Solutions, LLC (DRBfinancial.com) and its wholly-owned subsidiary DRB Capital, LLC are pleased to announce that they have closed on the first $150M of a planned $300M term financing facility for their structured settlement and annuity payment stream programs.

The law firm of Moritt Hock & Hamroff LLP with offices on Long Island and in Manhattan is pleased to announce that David H. Cohen (a partner of the firm), Andrew B. Eckstein (counsel to the firm), Robert M. Finkel (a partner of the firm) and Henry L. Goldberg (a partner of the firm) have been selected for inclusion in the 2020 Edition of Best Lawyers®.

Crestmark is pleased to announce the return and appointment of Rick Pierman as senior vice president, strategic operations to its equipment finance division. Based in Troy, he will report to Crestmark Equipment Finance Chief Operating Officer and General Counsel Jim Recker.

Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) (the "Company" or "Platinum Group Metals") announces the closing of its previously announced bought deal financing with BMO Capital Markets in the United States

A turnaround consultant called in Gibraltar when his client’s bank proved less flexible than necessary while certain business improvements were in process. Gibraltar was able to respond with a $13 million asset-based line of credit to help the company move through the transition.

Siena Lending Group LLC (“Siena”) announces the closing of a $5.5 million asset-based credit facility for Amfuel, LLC (“Amfuel”), which is scalable up to $8.0 million during the three year term.

The new capital will fuel the growth of an industry leading Canadian oilfield transport and logistics company, progressing their efforts to surpass the expectations of customers while managing the unique environmental challenges that arise in their industry.

NXT Capital acted as the Joint Lead Arranger, Sole Bookrunner and Administrative Agent for this transaction.

Amherst Partners is pleased to announce the promotion of Fahad Siddiqui to the role of Vice President in the Investment Banking practice.

OneWest Bank, CIT's Southern California retail bank division, today announced a new small business banking promotion for both new and established businesses across Southern California. Business banking customers can earn up to $600 by opening an eligible checking account, savings account and by financing equipment for their business.

The launch of the new site – www.hitachitechfinance.com – is an important element of Hitachi Technology Finance’s rebranding campaign to promote their new name with a more focused product offering to their core client base, VARs and technology vendors. Formerly known as Global Technology Finance, Hitachi Capital America Technology Finance provides transformative flooring and lines of credit.

Finacity Corporation (“Finacity”), a member of the Greensill family of companies, has successfully launched a multi-jurisdiction trade receivables factoring program for ZIM Integrated Shipping Services Limited (“ZIM”), a company headquartered in Israel, allowing up to USD 90 million in funding from a leading Israeli bank.

Amerisource Business Capital announced the closing and funding of a $3,000,000 credit facility for a meal and dining services company based in Ohio. Proceeds of the facility are being used to finance working capital.

CSI Laboratories (CSI), a leading cancer testing laboratory that supports pathology and oncology specialties, announced today that it has entered into an agreement with Bank of America for a revolving line of capital.

The facility will support fulfilment of Electrovaya's customer purchase orders and working capital needs.

Paragon Financial Group, Inc., an Asset Based Lending company specializing in No-Credit Risk Accounts Receivable Factoring and Purchase Order Funding, announced today the addition of Kalli Perez and Ernesto Moran to the team at Paragon Financial.

He assumes responsibility for establishing and expanding the Old National Bank brand with a full-service commercial banking presence in St. Louis.

Marsh advises U.S. and international issuers and underwriters on a broad range of transactions, including in the life sciences and technology industries.

A member of the firm’s Management Committee, Mr. Van Gorp has practiced structured finance law at Mayer Brown for over 20 years.

Twenty-five-year equipment financing veteran, Anthony Zambon, will lead CCG Equipment Finance Ltd. to expand operations in Canada.

CIT Group Inc. (NYSE: CIT) today announced that Philip Robbins has joined the company as the president of Asset Management and Capital Markets. In this role, he will manage the capital markets portfolio of products, the syndicated loan group and CIT’s asset management activities.

White Oak Healthcare Finance, LLC (“White Oak”) today announced it acted as sole lead arranger on the funding of a senior credit facility to finance the acquisition of New Life Health Group (“New Life”) by CareMax Medical Group (“CareMax”).

He will lead an origination team with a focus on providing flexible funding solutions to mid-market, corporate and international businesses with financing needs across the UK and Europe.

The company is a wholesale supplier and distributor of petroleum products, petrochemicals, and renewable fuels.

MolecuLight Inc., the world's leader in handheld fluorescence imaging for real-time visualization of bacteria for chronic wounds, announced it has secured a $7.5 million USD term loan from Oxford Finance LLC, a specialty finance firm providing senior debt to life sciences and healthcare services companies worldwide.

David B. Weir, Jr. has joined Grant Thornton LLP’s Public Sector Healthcare practice as a managing director. In this role, he is responsible for supporting Grant Thornton clients at the U.S. Department of Health and Human Services and across the public sector healthcare space.

Capital One announced today that it acted as a joint lead arranger for a senior secured credit facility for STEMCELL Technologies, a Canada-based biotechnology and life science company. The financing consists of a revolving line of credit and a senior term loan.

Crescent Capital Group LP, a leading alternative credit investment firm, announced today that its European Specialty Lending strategy has provided unitranche financing to support the acquisition of Hanson Wade by U.K.-based private equity firm Graphite Capital. Terms of the transaction were not disclosed.

CCF Holding Company (OTCQX: CCFH) (CCF), Heritage Bancorporation, Inc. (HBI) and Providence Bank (Providence) jointly announced today that they have received regulatory approvals for their merger of equals as well as shareholder approval from each of the three organizations.

20-Year veteran deepens and expands Ankura's healthcare disputes, compliance, investigation and advisory offerings

Loot Crate received a commitment for up to $10 million in new financing from Money Chest LLC, an investor in the company. These funds coupled with ongoing revenue from subscriptions will be used to maintain normal operations.

The law firm of Moritt Hock & Hamroff with offices on Long Island and in New York City has announced that Danielle J. Marlow has joined the firm as a Partner in its Ligation practice group. Ms. Marlow resides in the firm's Garden City office.

Phoenix Management Services®, a leading provider of sustainable, operationally focused solutions for middle market companies in transition, is pleased to announce the appointment of Marc Sullivan, CFA, as a Managing Director in the firm’s Atlanta, GA office.

Gramercy Funds Management has named Jeffrey D. Sharon as global head of business development. Prior to joining Gramercy, Sharon worked at OFI Global Asset Management, an OppenheimerFunds Company.

Corsa Coal Corp. (TSXV: CSO; OTCQX: CRSXF) ("Corsa" or the "Company") is pleased to announce that certain wholly-owned subsidiaries of the Company, as borrowers, have entered into a senior secured revolving credit facility with KeyBank National Association ("KeyBank") for up to US$25 million.

The Allcap Participation Fund is pleased to announce the origination and participation in a $1,500,000 accounts receivable financing facility to a Florida-based company that has been in business for over a decade, designing and assembling communication systems for the government and large, commercial companies.

Champion Iron Limited's subsidiary Québec Iron Ore Inc. has successfully completed the previously announced agreement with Caisse de dépôt et placement du Québec for a preferred share offering of C$185 million in addition to a fully underwritten US$200 million credit facility with The Bank of Nova Scotia and Societe Generale.

Fifth Third Bancorp (Nasdaq: FITB) announced today that Fifth Third Securities Inc. has hired Timothy Beach, Ari Citrin and Oliver Janssen as managing directors to lead its new Renewable Energy Investment Banking Group.

Sallyport Commercial Finance delivers a $500,000 accounts receivable facility to a construction clean up company. A local business consultant was working closely with an owner who had difficulty staying current with his suppliers.

Rocky will be based in Dallas and will be responsible for sourcing new business opportunities by providing asset-based and factoring working capital facilities to commercial entities in the Southwestern United States with annual revenues of $2 million to $150 million.

Great American Global Partners LLC ("GA Global"), a leading wholesale and industrial asset disposition solutions provider and subsidiary of B. Riley Financial, Inc. (NASDAQ: RILY), and Centurion Service Group LLC ("Centurion"), a leading auctioneer of medical equipment, were retained to conduct a public auction of Pine Creek Medical Center's surgical and hospital support equipment.

Headquartered in Springfield, N.J., Partners Pharmacy is one of the nation's top providers of pharmacy and infusion services to the senior living facilities, including skilled-nursing facilities, assisted-living facilities, independent living communities, and memory-care facilities. The proceeds will be used to refinance an existing credit facility and to provide working capital.

Vcheck Global is excited to be selected for the second consecutive year by Inc. Magazine to be amongst their 5000 fastest-growing companies. "We have sincere appreciation to our dedicated team and our diverse client base for enabling our turbo growth over these past years," said Adam Rudman, CEO of Vcheck Global.

The New Credit Facility is a US$20.0 million principal amount senior secured credit facility. The maturity date of the New Credit Facility will be 24 months from the date of the first advance under the facility.

Aurora Cannabis Inc. ("Aurora or the "Company") (NYSE | TSX: ACB), the Canadian company defining the future of cannabis worldwide, announced today that it has secured commitments from an expanded syndicate of lenders led by the Bank of Montreal ("BMO") to amend and upsize its existing C$200 million secured credit facility.

Shepherd Kaplan Krochuk, LLC (“SKK”), a leading, independently owned, SEC-registered Investment Advisory firm, announced today that Stephen M. Brackett has been promoted to President and Co-Head of Alternative Investments.

With specialized experience in auto lending, sales Vice President Devin Archer’s skills and experience will resonate with lenders.

Andrew joins Winter Harbor from Nomura Securities International, where he served as an associate in their Corporate Finance, Equity Derivatives, and Delta One Trading divisions.

Axiom Bank N.A., a Maitland-based, leading community bank, recently promoted Joshua Ocampo to Digital Banking Relationship Manager.

Holland & Knight announced today that attorney Eugene Chikowksi has joined the firm’s Financial Services Practice Group in its Philadelphia office.

Mutuo Financiera, a vehicle fleet leasing company focused on clean energy passenger transportation in Mexico, today announced that it has closed on a senior secured credit facility provided by Crayhill Capital Management ("Crayhill"), a New York-based private credit manager and asset-based lender.

Cobalt Broadband Services S.A. de C.V., a wholly owned operating subsidiary in Mexico of GigNet, Inc., announced today that based on progress to date, Mexico Credit Opportunities Fund II, managed by Credit Suisse Asset Management, has agreed to increase the funds available under a credit facility established one year ago.

Huntington Business Credit announced it closed a new credit facility with First SOURCE Electrical, LLC on June 13, 2019.

Antares announced today that it served as sole lead arranger and is acting as administrative agent for a senior secured credit facility to support Alpine Investors’ (“Alpine”) investment in Frank Gay Services and Best Home Services to form Apex Service Partners, an HVAC, plumbing and electrical services platform.

Grasshopper Bank, the new commercial venture bank built for innovation economy companies and the venture capital firms that fund them, has appointed Jeremy Shure as its Global Head of Early Stage Practice.

Capital One announced today that Larry Schmill has joined its Government Contracting Banking Group as a Managing Director, Aerospace, Defense and Government Services, based in Los Angeles.

Auxly Cannabis Group Inc. (TSX.V - XLY) ("Auxly" or the "Company") is pleased to announce that its joint venture partner, Sunens Farms Inc. (“Sunens”), has entered into a term sheet for a syndicated credit facility, with the Bank of Montreal (“BMO”) as Lead Underwriter.

Francesca’s Holdings Corporation (the “Company”) (Nasdaq: FRAN) today announced that it has entered into a second lien term loan Credit Agreement (“Term Loan Credit Agreement”) with Tiger Finance, LLC.

AlixPartners, the global consulting firm, announced today that Nick Wood has joined the firm as a Managing Director in its M&A Services practice in London.

Wells Fargo Commercial Distribution Finance (CDF), a unit of Wells Fargo Commercial Capital, announced today the continuation of Polaris Acceptance, a joint venture with Polaris Inc., into 2027. CDF and Polaris began the dealer wholesale financing joint venture in 1996.

Garrod will be responsible for sourcing Machinery & Equipment Loans nationwide starting at $100,000.

Simaika has almost 20 years of professional experience in banking and financial advisory, providing solutions to clients across a wide range of industries including manufacturing, distribution, automotive, food and beverage, commercial products and retail, real estate, building materials and construction, and professional services.

The joint bookrunners and joint lead arrangers are Credit Suisse Loan Funding LLC, JP Morgan Chase Bank, N.A., Citizens Bank, N.A., PNC Capital Markets LLC and Wells Fargo LLC.

Santander Bank today announced that Paul Cronin has been selected to lead the Bank's asset based lending ("ABL") business in its Commercial Banking division. Cronin will be responsible for growing Santander's ABL business, a full-service provider with a highly diversified portfolio and particular expertise in equipment financing, wholesale trade and financial services.

Conway MacKenzie has announced that Steven J. Alexander has joined the firm as an Executive Director and will lead the Grand Rapids office. In his role, Alexander will provide strategic counsel to senior leaders of middle market companies and their constituents.

Rosenthal & Rosenthal, Inc., today announced the completion of a recent $1 million purchase order finance facility to support the production financing requirements of a women’s private label apparel company.

Crossroads Financial, a leading provider of inventory financing, has recently provided a $1.8 Million inventory revolver for the benefit of a shoe retailer.

Amerisource Business Capital announced the closing and funding of a $2,000,000 credit facility for a medical research and record retrieval company based in Texas. Proceeds of the facility are being used to support the company’s significant growth plans.

In column for Retail Dive, retailing veterans Peter Lynch and John Graub encourage chains to revisit their portfolio strategies in response to today’s challenges.

radewind has provided a $1.4 million credit facility to a home fashion products company based in Shanghai that designs and sells kitchen utensils and accessories for the house to buyers located domestically and in the United States and Europe.

Antares announced today that it served as sole lead arranger and is acting as administrative agent for a senior secured credit facility to support Alpine Investors’ (“Alpine”) investment in Frank Gay Services and Best Home Services to form Apex Service Partners, an HVAC, plumbing and electrical services platform.

Capital One Healthcare’s Corporate Finance group maintained its position as the No. 1 lead arranger of healthcare leveraged loans by deal count for transactions up to $1 billion for the first half of 2019, according to league tables produced with data from Thomson Reuters LPC. The team closed 12 total transactions.

Peter Lowney, President of First Business Capital Corp., announced a recently closed and funded $12,000,000 credit facility including a revolving line of credit, equipment term loan, and a real estate term loan for a rolled steel parts manufacturer company located in Michigan.

OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces the extension of the Company's syndicated credit facility with the underlying borrowing base and amount available under the syndicated credit facility remaining at $550 million and $460 million, respectively.

Executive Vice President and Transportation Services Division President Heath Holdbrooks announced the recent promotions of Sherri Holmes and Kim Meek to portfolio management for the division, and Phyllis Packard to vice president, legal compliance.

Second Avenue Capital Partners, LLC (“SACP”) and White Oak Commercial Finance, LLC (“White Oak”), an affiliate of White Oak Global Advisors, LLC, have closed on a $16,000,000 asset-backed revolving credit facility for Marolina Outdoor, Inc., a Charleston, SC-based apparel company.

North Mill Capital (”North Mill”), a wholly-owned subsidiary of Solar Senior Capital (NASDAQ: SUNS), is pleased to announce the acquisition of Summit Financial Resources (“Summit”), a leading provider of factoring services across the U.S.

Iron Horse Credit is proud to announce it recently closed a $5MM stand-alone inventory facility to an electronic goods wholesaler.

Diebold Nixdorf, Incorporated (NYSE: DBD) today announced it has successfully amended and extended the vast majority of its $787 million revolving credit facility and term A loans from December 23, 2020 to April 30, 2022.

Founded in 2016, this UK-based video game publisher has worked alongside some of the biggest entertainment companies in the world to deliver interactive games across all major platforms.

Amerisource Business Capital announced the closing and funding of a $3,500,000 credit facility for a speciality manufacturing company based in New York. Proceeds of the facility are being used to support their growth.

DAVITA INC. (NYSE: DVA) ( "DaVita" or the "Company"), a Fortune 500® health care provider focused on transforming care delivery to improve quality of life for patients around the globe and the largest provider of kidney care services in the U.S., announced today that it has entered into a new $5.5 billion senior secured credit agreement.

ENGS Commercial Capital (ECC), a subsidiary of ENGS Commercial Finance, a Mitsubishi UFJ Lease & Finance Company, is pleased to announce that David Baker has joined as Vice President, Business Development Officer.

Austin Financial Services, Inc. is pleased to announce that Colton Ortar has joined our portfolio team as Vice President Portfolio Manager. Ortar will be based in AFS’s Utah offices, further bolstering the AFS footprint and expansion in the mountain region.

Anvil Capital Partners today announced final close of an $11,000,000 senior secured loan facility to Vermilion Cliffs Partners supporting the acquisition of producing assets in the Permian basin.

From spreadsheets to the latest floorplan finance software: new technology has transformed service levels and increased customer demand at a Minnesota-based bank.

In this newly created role, he will be responsible for managing, implementing, and evaluating credit policy initiatives as well as analyzing and structuring commercial credit for clients across multiple industry sectors.

Tenet Healthcare Corporation (THC) intends to refinance up to $4.2 billion of its currently outstanding notes by a private placement offering of $4.2 billion in aggregate principal amount of newly issued senior secured first lien notes in tranches maturing in 2026 and 2027 (the “notes”). Completion of the offering is subject to, among other things, pricing and market conditions.

MidCap Business Credit announced today they have closed on a $5,500,000 Asset Based Credit Facility for Mitchell Rubber Products, LLC.

Grant Thornton LLP has named Jim Peko as the national managing principal of its Advisory Services practice. In this role, he will oversee the strategic direction and operations of the firm’s advisory-services offerings.

Peter Lowney, President of First Business Capital Corp., announced a recently closed and funded $6,100,000 credit facility including a revolving line of credit, equipment term loan, and a real estate term loan for a commercial door manufacturer company located in Wisconsin.

Amerisource Business Capital announced the closing and funding of a $5,000,000 credit facility for a manufacturing company based in Texas which supports the LNG industry. Proceeds of the facility were used to refinance the Company’s existing bank revolver and term facility and for additional growth capital.

Universal mCloud Corp. (MCLD.V) (MCLDF) ("mCloud" or the "Company"), a leading provider of asset management solutions combining IoT, cloud computing, artificial intelligence ("AI") and analytics, is pleased to announce it has entered into a credit facility with Integrated Private Debt Fund VI LP in the amount of C$13,000,000

Sallyport Commercial Finance extends a $1,000,000 Accounts Receivable facility to an industrial machining company targeting the aerospace and commercial sectors in the Pacific Northwest.

Ballard Spahr’s powerhouse Consumer Financial Services (CFS) Group is teaming up with Bridgeforce, a leading financial services consultancy, to launch a joint initiative designed to help financial institutions navigate new debt collection regulations.

JCW Search, Inc. (“JCW”) was originally formed in 2007 by CEO Jamie Woods in London, launching an operation in NYC in 2012 as its first foray into the USA market. The company has been substantially investing in its growth in Europe and the US as well with additional locations in Frankfurt, Austin, TX and Los Angeles, CA.

A’GACI, an innovator in the fast fashion apparel industry since 1971, is closing all 54 stores in the US and Puerto Rico. A’GACI filed for Chapter 11 Bankruptcy protection this morning and retained a joint venture of SB360 Capital Partners (www.sb360.com) and Hilco Merchant Resources (www.hilcomerchantresources.com) to liquidate the stores. “Going Out of Business” Sales begin today in all A’GACI locations.

Mark T. Reitzes has been named Executive Vice President and Head of Commercial Banking for Northwest Bank, according to Ronald J. Seiffert, Northwest Chairman, President and CEO.

Trakopolis IoT Corp. (TSXV: TRAK) ("Trakopolis" or the "Company") wishes to provide an update on certain provisions contained in the agreement with ESW Holdings, Inc. ("ESW") amending its US$3.0 million senior secured credit facility (the "Amending Agreement"), as previously announced on August 2, 2019.

J55 Capital Corp. (“J55” or the “Company”) (FIVE-P.V) is pleased to announce that its qualifying transaction target, Aquilini GameCo Inc. (“GameCo”), has executed a secured senior loan agreement with an arm’s length third party (“Lender”) pursuant to which the Lender has agreed to loan up to C$20 million to GameCo.

Pacific Western Bank is pleased to announce the addition of seven experienced venture banking team members to broaden its coverage of the venture capital community.

Business Capital (BizCap) structured and delivered a multi-tranche credit facility, inclusive of an equipment term loan, for Everett Graphics, Inc. (EGI) and a revolving line of credit for its subsidiary, Tahoe Paperboard, which supplies EGI and other packing companies with custom sheeted paperboard.

Piekarski’s legal practice includes federal and state court litigation and arbitration involving complex breach of contract, shareholder and securities litigation, class action defense, business torts, fraud, internal investigations, copyright and trademark, and SEC and FINRA investigations.

The accounts receivable and inventory facility will be used to provide additional working capital to support its sales and marketing plan.

Headquartered in San Francisco, US Capital Global provides sophisticated debt, equity, and investment products to lower middle market companies and investors.

The funding consisted of a $750,000 revolving line of credit to company that serves property managers in making vacant rental housing ready for new tenants and a $1,500,000 line of credit to an emerging manufacturer of medical devices.

This new agreement, which materialized earlier in the day, replaces the previously announced $75 million agreement with affiliates of Hilco Global and the Gordon Brothers Group and will refinance all of Barneys New York's existing secured indebtedness.

In this position, Mattoon will oversee small business banking services and offerings across the OneWest branch network spanning from San Diego to Ventura County. He will report to OneWest's Head of Retail Branch Banking, Heather Ellison.

King Trade Capital (“KTC”) is pleased to announce the completion of a $2MM purchase order facility for a fragrance company based in New York (the “Client”).

PNC Bank, National Association, announced today the closing of a $235 million senior secured credit facility to support New York-based KPS Capital Partners’ (KPS) acquisition of Life Fitness (the company).

Tiger Group will be conducting an online auction on August 20 of assets from a pristine, late-model screen printing operation owned by Castle Shirt Co., which is relocating from Kernersville.

Gateway Trade Funding, a PO and Trade Financing company, is happy to announce that it recently completed purchase order transactions.

Clear Channel Outdoor Holdings, Inc. (CCO) (the "Company") announced today that it will offer, subject to market and customary conditions, $1,260 million aggregate principal amount of Senior Secured Notes due 2027 (the "Notes") in a private offering that is exempt from registration under the Securities Act of 1933, as amended (the "Securities Act").

Pure Gold Mining Inc. (TSX-V: PGM, LSE: PUR) (“Pure Gold” or the “Company”) is pleased to announce closing of a US$90 million project financing package (the “Financing”) with Sprott Resource Lending Corp. (“Sprott”).

Halcón Resources Corporation (OTC PINK: HKRS) (“Halcón” or the “Company”) and its subsidiaries today announced that they filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Texas.

ObsEva SA (NASDAQ: OBSV / SIX: OBSN), a Swiss clinical-stage biopharmaceutical company focused on the development and commercialization of novel therapeutics for serious conditions that compromise a woman’s reproductive health and pregnancy, today announced the closing of a $75 million senior secured credit facility with Oxford Finance LLC, a specialty finance firm that provides senior debt to life sciences and healthcare services companies.

TAB Bank is pleased to announce it has provided a $10 million asset-based revolving credit facility for a drone manufacturing company located in California. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs.

Artis Trade Systems (“Artis”) announces it added another client to ArtisPay©, Artis’ supply chain finance (SCF) software platform. On July 29th, Artis entered into an agreement with an independent lender based in Florida.

Upland Software, Inc. (UPLD), a leader in cloud-based enterprise work management software, today announced it has entered into a new credit agreement that provides $410 million in term and revolving loan facilities to refinance existing debt and to provide additional capital for growth.

Leading full service residential solar provider announces lender commitment to warehouse debt facility to fund continued growth.

Capital to Fuel Company's New Business Growth Endeavors

The credit facilities provide financing for a strategic acquisition and will provide working capital for the company going forward.

North Mill Equipment Finance LLC (“North Mill”), a leading independent commercial equipment lessor located in South Norwalk, Connecticut, announced today yet another record-breaking month in originations as the company posted $15 million of aggregate volume in July.

An existing client of Allied received an acquisition opportunity with an assignment for the benefit of creditors sale and was seeking financing for the purchase, along with ongoing working capital for their operations and growth.

Christopher Addison, Shawn Janko, Jake Nash to Join Bank as Managing Directors

CIT Group Inc. (NYSE: CIT) announced that it served as sole lead arranger of a $60 million financing for Carolina Restaurant Group (CRG), operators of 108 Wendy’s restaurant franchises across North Carolina and South Carolina.

Crestmark secured a total of $27,055,000 in ABL financial solutions for 13 new clients; Crestmark Equipment Finance provided $4,673,558 in four new lease transactions; Crestmark Vendor Finance provided $6,870,396 in 49 new lease transactions; the Joint Ventures Division provided $1,369,370 for one new client; and the Government Guaranteed Lending Division provided $2,010,000 in financing for three new clients in the second half of July.

In this role, Travis will be responsible for new business origination and other business development objectives in the southeastern U.S.

Through the Bank on Building a Brighter Community campaign two-and-a-half hours of tutoring will be donated for every qualifying checking account opened

Rosenthal & Rosenthal, Inc., today announced the completion of a recent $2 million purchase order finance facility to support the production financing requirements of a California-based cosmetic and beauty products company.

UMB Capital Finance is pleased to announce that Rhett Bentley has joined its business development team as a Senior Vice President - Asset Based Lending.

Vcheck Global opens new D.C. office to service significant growth in the background check and due diligence market and makes two strategic hires.

Diamond Business Credit is excited to announce that Dan Roderigues has joined the firm to lead the new business development effort.

LBC served as Agent and Sole Lead Arranger for the senior secured credit facility.

JPMorgan Chase & Co.’s representatives have told rivals it’s poised to commit as much as $800 million to the two facilities.

Reaffirms Plan to Emerge from Chapter 11 in Fourth Quarter Calendar 2019

Barneys secured $75 million in new financing from affiliates of Hilco Global and the Gordon Brothers Group to help it keep operating as it navigates the bankruptcy court, it said in a statement.

Mergers and acquisitions among insurance brokerages have reached a record high with 328 deals in the first half of 2019.

CIT Group Inc. today announced that Ken Martin has joined the company as managing director of the Small Business Solutions unit, which is part of its Business Capital division, effective immediately.

Trakopolis IoT Corp. announces that it has entered into an agreement with ESW Holdings, Inc., its senior secured lender, in respect of its US$3.0 million secured credit facility.

Together with the National Center for the Middle Market (NCMM), which is housed at The Ohio State University Fisher College of Business, Chubb has published a summary of findings from the Middle Market Indicator (MMI) report.

Huntington Business Credit announced it closed new credit facilities with Xpress Global Systems, LLC on May 15, 2019.

White Oak Commercial Finance (“White Oak”), an affiliate of White Oak Global Advisors, announced today the addition of two new professional underwriters, further increasing the company’s originations presence across the United States.

GridLiance, an independent electric transmission company, today announced that its subsidiary, GridLiance Western Holdings, and transmission company, GridLiance West, closed on two new revolving credit facilities with commitments totaling $185 million.

Scott represents financial institutions, corporations, and other entities, providing regulatory counsel related to mortgage banking and consumer financial services matters.

ePayRails today announced a new round of series A funding of $2.45M. Aspire Fund Management was the largest investor in the round, investing $2 million along with a consortium of additional private investors who invested the balance of $450 thousand.

Celadon Group, Inc. ("Celadon," the "Company," "we," or "us") (OTCPink: CGIP) announced today that it has refinanced its former revolving credit facility and obtained $165 million in new financing.

D-BOX Technologies Inc. (DBO.TO), a leader in innovative motion technology, today announced that it has entered into a loan agreement with National Bank of Canada pursuant to which a three-year secured revolving credit facility of $5.0 million has been made available to D-BOX

Leading small business lender secures new credit facility to support growth across loan portfolio

In addition to the financing, Mercury GSE utilizes a full suite of Pacific Mercantile Bank’s depository products and treasury management services.

The company designs, engineers, and manufactures sophisticated, cost-saving lighting systems for the controlled-environment agriculture industry.

Celtic Capital Corporation announced its most recent new client relationship – a Washington-based manufacturer of treats for dogs including dog biscuits, meat treats, and soft and chewy treats.

The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs.

The facilities will be used to support the companies’ working capital needs and continued growth.

Wells Fargo & Co. today named David Kowach head of Community Banking, Jim Hays president and head of Wells Fargo Advisors, Andy Rowe Enterprise Customer Excellence executive, and Elli Dai Small Business and Personal Lending Group executive.

Torex Gold Resources Inc. is pleased to announce that the Company’s wholly-owned subsidiary Minera Media Luna, S.A. de C.V. has signed an amended and restated credit agreement with Bank of Montreal, BNP Paribas, ING Bank N.V., Dublin Branch, Société Générale and The Bank of Nova Scotia (the “Banks”) in connection with a secured $335 million debt facility.

One of the largest conference and catering centers in the Mid-Atlantic, along with two adjoining food-and-beverage establishments on the Hagerstown property, are being offered for sale for $2 million.

The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs.

Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (PMBC), today announced that it has provided a $10.0 million credit facility to Mercury GSE. In addition to the financing, Mercury GSE utilizes a full suite of Pacific Mercantile Bank’s depository products and treasury management services.

MUFG, one of the world's leading financial groups, has opened an office in Charlotte, NC for its Operations & Technology for the Americas group, Americas Risk Management group, and other select functions.

DO USA, LLP, one of the nation’s leading accounting and advisory firms, today announced the acquisition of Loughlin Management Partners & Co, Inc. (“LM+Co”).

Holland & Hart announced the addition of partner Burke Gappmayer to its Commercial Finance practice in its Salt Lake City office.

Business Capital (BizCap) acted as a strategic advisor to a leading FinTech company focused on providing residential solar loans to homeowners nationally.

CIT Group Inc. (NYSE: CIT) today announced that CIT Northbridge Credit, through its investment advisor CIT Asset Management LLC, served as collateral and administrative agent and lead lender on a $100 million senior secured credit facility for Hornbeck Offshore Services Inc.

AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, announced today that its lenders under the Company's syndicated credit facility have agreed to extend the previously granted increase .

Millennium Funding, a leading provider of working capital solutions to U.S. and Canadian businesses, today announced they have joined RangeMe, the leading online platform that streamlines product discovery, sampling, and sourcing between suppliers and retailers.

Monroe Capital LLC announced an increase in its credit facility to Prototek to support the acquisition of Cal-X, Inc. (“Cal-X”), an existing portfolio company of CORE Industrial Partners.

The facility consists of a revolving line of credit based on accounts receivable and inventory

This summer, Sallyport Commercial Finance wanted to give back to our heroic men and women of the Armed Forces who are serving this Nation overseas.

FTI Consulting, Inc. (FCN) today announced the appointment of Diederick van der Plas, Nick Carmichael and Duncan Turner as Senior Managing Directors in the firm’s Corporate Finance & Restructuring segment in London.

Tradewind has completed a $600,000 trade finance facility for a high-quality organic honey exporter based in Brazil that sells mainly to buyers in Europe and North America.

The New York-based brand was experiencing a major uptick in sales, as a result of orders from both new and existing retail customers. To support the brand’s growth and to mitigate any future cash flow strains, the company was seeking a permanent working capital solution.

Cristina Brabson has joined in the role as Vice President-Senior Operations Manager and Abbey Henderson has taken a position as Vice President-Portfolio Manager for the Specialty Lending Group.

Montebello, NY-based Sterling Bancorp may announce a portfolio acquisition by the end of the year, management said on their second-quarter earnings call.

Pitney Bowes (NYSE: PBI), a global technology company that provides commerce solutions in the areas of ecommerce, shipping, mailing, finance and data, today announced that Wheeler Financial from Pitney Bowes has closed a financing transaction with Covenant Trucking Company Inc.

Navy Federal Credit Union announced that Stephen Rice has been selected to serve as the credit union’s deputy chief information officer (DCIO)

Greenspoon Marder is pleased to announce the expansion of the firm's Corporate & Business practice group with the addition of partner, Michael Smith in New York.

Global law firm Greenberg Traurig, P.A. has added Shareholders Michael G. Taylor and Michael E. Strauch in the firm’s Miami office. Taylor rejoins the firm as a shareholder in the Corporate Practice, while Strauch is a shareholder in the firm’s Litigation Practice.

Emergent Capital, Inc. (OTCQX: EMGC) ("Emergent" or the "Company"), announced that on July 18, 2019, Emergent and its subsidiaries, including White Eagle Asset Portfolio, LP, entered into a binding commitment with Jade Mountain Partners

Capital One announced today that Tim Fouts has joined its Commercial Bank as a Senior Vice President and Relationship Manager.

1st Capital Bank (OTC Pink: FISB) President and CEO, Thomas Meyer announced 1st Capital Bank has opened a commercial lending office in Santa Cruz, California.

Donald J. Clark of Chicago has been named Senior Vice President, Commercial Banking, with Old Second National Bank, operating from the Chicago—Loop location

Hans Sitarz has been chosen to lead commercial banking operations in Alabama and Mississippi for Wells Fargo.

He replaces Don Kincey, Senior Vice President, who retired from Comerica after working for 20 years at the bank.

International Game Technology PLC (IGT) ("IGT") announced that it has successfully amended and extended its multicurrency revolving credit facilities and amended its term loan facility.

Crown will provide investment management services for Concentra's $20 million investment in a syndicated senior secured credit facility.

Wells Fargo Securities, LLC and JPMorgan Chase Bank, N.A. served as Joint Bookrunners, JPMorgan Chase Bank, N.A. served as Administrative Agent, and Wells Fargo Securities, LLC, JPMorgan Chase Bank, N.A., Citizens Bank, N.A., RBC Capital Markets and U.S. Bank National Association served as Joint Lead Arrangers.

Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility for a precision parts design and manufacturing company based in New York.

Barneys New York Inc. is in talks with existing lenders including Wells Fargo & Co. about a new loan to keep the luxury clothing store in business if it decides to file for bankruptcy.

Banner Corporation (NASDAQ: BANR) together with AltaPacific Bancorp (OTCBB: ABNK), announced they have entered into a definitive agreement for AltaPacific Bank to merge with, and into, Banner Bank to expand the Bank’s presence in California.

Markus Pressdee appointed Head of Infrastructure, Power & Renewables in North America. Steven Berger joins the firm’s Financial Institutions Group sector team.

Antares announced today that it served as joint lead arranger and is acting as administrative agent for a senior secured credit facility to support Quad-C Management, Inc.’s (“Quad-C”) investment in Boulder Scientific Company (“Boulder Scientific”), a specialty chemical company.

Plans New Office in Chicago, Furthering its National Expansion

The outlook on bank ratings has become more negative. Fitch Ratings’ bank ratings report published today shows that bank negative rating outlooks rose sharply this year. The global share of its bank Negative Outlooks rose to 17% at the end of the first half of 2019, from 13% at end-2018

CAN Capital, a leading provider of small business working capital loans, is pleased to announce the hiring of John McNeill as its new Chief Financial Officer (CFO).

Halfway through 2019, growth in the middle market is decidedly strong. Year-over-year revenue growth remains high at an 8.5% rate, with more than three-quarters of firms (77%) reporting gains over the past 12 months.

Throughout June, 275 community projects were completed by 1,700 CIT employees who contributed 6,400 volunteer hours nationwide to make a difference.

MidFirst Business Credit (MBC) is pleased to announce that Kevin Poff has joined its team as a business development officer in Nashville, Tennessee.

The Company operates four skilled nursing facilities in Texas and is focused on the individual who needs healthcare services after his/her hospital stay.

The fund was oversubscribed and met its cap of USD $610 million in total capital commitments. This brings DW Healthcare Partners' total capital under management to USD $1.43 billion.

OnDeck® (NYSE: ONDK), the leader in online lending for small business, today announced the appointment of Lonnie Hayes as the Head of Sales and Strategy for ODX, a wholly owned subsidiary of OnDeck that assists banks with streamlining and digitizing small business credit origination.

Gina will be based in New York City and will be responsible for sourcing new business opportunities by providing asset-based and factoring working capital facilities to commercial entities in the Northeastern United States with annual revenues of $2 million to $150 million.

Accord Financial Corp. ("Accord") (TSX: ACD) is proud to congratulate CapX Partners (“CapX”) on their Platinum anniversary, celebrating twenty years of achievement.

These companies will use the financing provided by PrimeArc to purchase materials, fund expansion initiatives or meet payroll / operational expenses. These new facilities range in capacity from $10,000 to $400,000.

The 2-year facility supported by Volt’s US and UK receivables allows for up to USD $115 million in funding with a $35 million sublimit for letters of credit.

The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new business volume for June was $9.9 billion, up 9 percent year-over-year from new business volume in June 2018.

Evans brings over 20 years of finance and sales management experience to the bank. Evans was a top producer and received several awards growing financial portfolios in various markets in the US, Canada and abroad.

Encina Equipment Finance (EEF) announced today that it has upsized its senior credit facility to $250 million in total commitments.

World Fuel Services Corporation (NYSE: INT) today announced that it has successfully amended its unsecured credit facility, increasing the overall facility to $1.8 billion and extending the term of the credit facility to July 2024.

Maxim Commercial Capital is pleased to announce it provided hard-asset secured financing to 129 small and mid-sized businesses (SMBs) during the second quarter of 2019.

Lendio, the nation’s leading marketplace for small business loans, announced the acquisition of Billy and the launch of its bookkeeping software for small businesses.

Byline Bancorp, Inc. (NYSE: BY) announced that Tim Hadro has announced his desire to retire and step down as Chief Credit Officer effective July 31, 2019. He will remain an advisor with the Company and assist in the transition.

Columbia Bank (NASDAQ:COLB) announced that it has hired industry veteran and long-time Eugene market leader Jeff Singer. For the past 23 years, Jeff held multiple positions at Umpqua Bank, including his most recent position as Senior Commercial Relationship Manager.

Evans brings over 20 years of finance and sales management experience to the bank. Evans was a top producer and received several awards growing financial portfolios in various markets in the US, Canada and abroad.

Chesswood Group Limited ("Chesswood") (CHW.TO) is pleased to announce the recent closing of a new funding facility with Sun Life Assurance Company of Canada ("Sun Life") for our subsidiary Pawnee Leasing Corporation ("Pawnee").

Chung brings over 27 years of bay area banking experience to Pinnacle Bank. She began her career with Wells Fargo and had been with Boston Private Bank and Trust in Palo Alto for the past 13 years.

The 17-year-old Tampa-based company provides cellular network construction, upgrade and maintenance services, including the resources for new construction, as well as repairs and restoration. The acquired financing will be used for working capital and business expansion.

Austin Financial Services, Inc. (AFS) is pleased to announce the closing of a $3MM senior secured credit facility comprised of an AR and inventory revolver with an M&E T/L to a manufacturer and seller of rotational molded plastic products.

Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Recorded Future by private equity sponsor Insight Partners.

Avidbank Holdings, Inc. ("the Company") (OTC Pink: AVBH), a bank holding company and the parent company of Avidbank ("the Bank"), an independent full-service commercial bank serving businesses and individuals primarily in Northern California, announced unaudited consolidated net income of $3,183,000 for the second quarter of 2019 compared to $2,666,000 for the same period in 2018.

Michael Stock joins as Head of Operations from ABN AMRO to lead on operational management. Equiniti Riskfactor gains seven new clients in past year in North American market as it continues to succeed in its global growth strategy.

CIT Group Inc. (NYSE: CIT) announced an expansion of its investment management and advisory capabilities that provides increased capacity and flexibility to finance private equity sponsor-owned middle market companies across a diverse range of industry sectors.

GCBC offers interns hands-on training in finance, sales/marketing, accounting and underwriting. Meg Roberson, GCBC’s Senior Vice President noted, “We are thrilled to welcome Lacey Bohanan, Kyle Hladky, Will Huber, Mike Mondragon and Sam Wheeler to GCBC.

Prior to joining North Mill, Bowling worked at Riviera Finance. She has over 22 years of lending experience ranging from underwriting to senior account executive.

Abacus Finance Group, LLC, a leading provider of cash flow-based, classic senior debt for sponsor-led buyouts of companies with $3 million to $15 million in EBITDA, today announced the hiring of Seth I. Friedman as a managing director and Austin Rendell as an analyst.

MidCap Business Credit announced today they have closed on a $2,000,000 asset-based credit facility for Pavement Corporation, a portfolio company of Vicour and Spring Capital Partners out of Baltimore, MD.

Rosenthal & Rosenthal, Inc., the leading independent factoring, asset-based lending and purchase order financing firm in the United States, announced the completion of a recent $3 million inventory production finance deal for an importer of dinnerware and glassware.

With this prepayment, the Company has reduced its debt by approximately $250 million since emerging from Chapter 11 on June 4, 2018, bringing the Company’s total debt to approximately $1.05 billion.

Global Eagle Entertainment Inc., a leading provider of media, content, and connectivity to markets across air, sea and land, today announced that it has completed a $40 million upsizing of its Senior Secured Term Loan due 2023, as well as an amendment to its Term Loan.

Piper Jaffray Companies (NYSE: PJC), a leading investment bank and institutional securities firm announced the addition of its CD and Structured Note underwriting business with the arrival of Ardi Baniahmad, Josh Brenner, Rick Cabanes and Meghan Greenwood, formerly of First Empire.

Stifel Financial Corp. (NYSE: SF) today announced the successful launch of a venture banking and lending business, dedicated to providing debt capital financing and commercial banking solutions to growth companies and their backers.

Martin Midstream Partners L.P. (Nasdaq:MMLP) (the “Partnership”) announced today that the Partnership has successfully amended and extended its revolving credit facility.

He comes to Northeast Bank with over thirty years of commercial lending experience including real estate, lender and corporate finance.

Antares announced today that it served as a lead arranger and is acting as administrative agent for a senior secured credit facility to support the acquisition of W2O by New Mountain.

Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, is pleased to announce that Robby Piper has joined the company as Senior Managing Director, Business Banking

Dean Foods Company (DF) announced it has successfully increased the Company's borrowing base availability to $265 million under its senior secured revolving credit facility by completing post-closing appraisal work.

Shade succeeds Brian Schwallie, who was promoted within the company.

Acerus Pharmaceuticals Corporation (TSX:ASP, OTCQB: ASPCF) (“Acerus” or the “Company”) today announced that it entered into an amended agreement related to its existing credit facility with SWK Funding LLC (“SWK”).

Alliance BioEnergy Plus, Inc. has filed its Chapter 11 Plan of Reorganization and Disclosure Statement with the bankruptcy court.

Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack-Gladstone Bank are proud to announce the appointment of Jeffrey A. Glaush, Senior Managing Director, Commercial Private Banker.

Contura Energy, Inc. (CTRA), a leading U.S. coal supplier, today announced the completion of its refinancing process through a previously disclosed five-year, $561.8 million senior secured term loan facility.

Cross River Bank (“Cross River”), a leading innovator and provider of banking services for financial technology companies, today announced several key initiatives taken to expand its Capital Markets portfolio and professional team, further fortifying its commitment and ability to provide best-in-class capital markets services and solutions to the fintech community and beyond.

LabCorp® (LH) entered into a new Term Loan Credit Agreement, which provides for a two-year term loan credit facility in the principal amount of $850 million (the “New Term Loan Facility”).

Canaccord Genuity Group Inc. (TSX: CF, the "Company") is pleased to announce that Jason Panzer has joined as Managing Director, Investment Banking.

PNC Bank, National Association, announced the closing of a $90 million senior secured credit facility for Iconex LLC (Iconex), a portfolio company of Greenwich, CT-based Atlas Holdings. PNC’s facility was provided in conjunction with a $67.5 million term loan and a $30 million delayed draw term loan provided by Cerberus Business Finance.

Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility for a growing distribution and warehousing company based in California and Georgia. Proceeds of the facility were used to refinance existing bank debt and to support increased working capital needs.

Avidbank Holdings, Inc. ("the Company") (OTC Pink: AVBH), a bank holding company and the parent company of Avidbank ("the Bank"), an independent full-service commercial bank serving businesses and individuals primarily in Northern California, announced unaudited consolidated net income of $3,452,000 for the third quarter of 2019 compared to $2,865,000 for the same period in 2018.

SSG Capital Advisors, LLC ("SSG") acted as the investment banker to THG Holdings LLC ("True Health" or the "Company") in the sale of select assets to Cleveland HeartLab, a wholly-owned subsidiary of Quest Diagnostics ("Quest"). The sale was effectuated through a Chapter 11 Section 363 process in the U.S. Bankruptcy Court for the District of Delaware.

Nearly a year after it began looking to ease its hefty debt load, Ferrellgas Partners LP is mired in a dispute with its most important lender and running out of time to turn things around.

Santander Bank today announced that Patrick Dunphy has been appointed Head of its Mid Corporate Banking and Verticals businesses within the Commercial Bank. In his new role, Pat will be responsible for leading the growth of Santander's mid corporate banking platform throughout North America, including managing teams based in Boston, Miami, Dallas and Chicago as well as the bank's Foreign Corporate Banking, Healthcare and Technology, Media and Telecommunications verticals. He will continue to report to David Swoyer, Head of Commercial Banking.

Utica Equipment Finance completed the funding of a CAD $2,300,000 term loan secured by machinery and equipment to a logging-based contractor located in Alberta, Canada and a $456,000 term loan secured by aircraft to a private aviation company.

Rick Malagodi joins Winter Harbor as a senior director, bringing over 30-years of restructuring, turnaround, and interim executive management experience to their team. Rick is a seasoned professional, having directed transactional processes including the raising of capital, guiding entities in out-of-court and court-supervised restructurings, and overseeing secured and unsecured debtor-side advising, liquidations, and M&A negotiations.

Spencer Savings Bank recently expanded its Retail Bank Business Development Group. Daniel Murphy and Anthony Axtmann will expand commercial deposit and lending relationships for the Elmwood Park-based community bank as business development officers, Spencer Savings said.

TD Bank, America's Most Convenient Bank®, announced today that its U.S. Small Business Administration (SBA) Lending Group closed $2.4 million combined in 7(a) term and 7(a) Express loans for The Kubert School in Dover, New Jersey, which offers a fully accredited three-year course for cartoon and graphic arts.

Lighthouse Financial Corp. is pleased to announce the completion of a $4,000,000 credit facility for a North Carolina-based manufacturer and distributor of narrow fabrics. The transaction included a $3,650,000 revolving line of credit along with a $350,000 term loan.

Mr. Gunderson has over 25 years of experience in the financial industry, largely in management positions. Until recently, he acted as Global Head of Trading Products at BMO Capital Markets where he held various management positions for more than a decade.

Mr. Johnson began his asset-based lending career in 1991 with BFI Business Finance where he became Executive Vice President. He grew loan commitments to $150MM and expanded BFI's geographical footprint to 13 western states.

Tempur Sealy International, Inc. (NYSE: TPX) announced that it has successfully completed the closing of its amended revolving and term loan senior secured credit facilities. The amended $850 million senior secured credit facilities include a $425 million revolving credit facility and a $425 million term loan facility.

Sallyport Commercial Finance provides a $1,500,000 accounts receivable facility to a company that focuses on high quality print for advertising and packing.

Vincent Repaci to head asset-based lending group as Managing Director Matt Magnuson named Managing Director, Head of Credit Analytics Chad Hersch, Jodi Joskowitz appointed to senior trading, sales roles

Bibby Financial Services (BFS) provided $1.8M in funding to an apparel company based in Quebec that designs and provides quality jean-wear products at accessible pricing. Bibby Financial Services (BFS) extended $250K to a Quebec business that specializes in medical staffing for nursing homes.

CIT Group Inc. (NYSE: CIT) today announced that CIT Northbridge Credit, through its investment advisor CIT Asset Management LLC, served as sole lead arranger on a $40 million senior secured credit facility for Hantover Inc., a leading distributor of products to the food processing industry.

Hitachi Capital America has announced its continuing software partnership with White Clarke Group, allowing the ongoing use of the CALMS Compass software solution to manage its floorplan/wholesale finance business. Hitachi Capital America’s relationship with White Clarke Group began in 2011 with the initial implementation of their CALMS Compass floorplan solution. At the time, Hitachi Capital America had been searching for an automated finance software solution to enhance both user and customer experience within their floorplan business.

Wells Fargo Commercial Capital announced today the realignment of its Canada-based Equipment Finance and Asset-Based Lending (ABL) originations teams into a newly integrated business unit, harnessing the collective expertise to enhance the customer experience. Nicolas Lessard now heads the combined team, which expands his previous role leading Wells Fargo Equipment Finance’s manufacturing group in Canada.

With the always improving quality of cinema and film and changing technology, the demand for quality assistance is always in constant flux. The Company sets itself apart from the industry with its unparalleled customer service, industry knowledge, experience and product depth. However, with the ever-growing list of clients, the Company found itself needing additional working capital in order to purchase new products to service new orders.