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Santander Hires Arrigo as SVP in Asset-Based Lending Group
Santander has hired Charles J. Arrigo II as Senior Vice President in its Asset-Based Lending (ABL) group. Arrigo is based in Santander’s Miami office and is responsible for originating and managing asset-based credit facilities. ABL is a key growth business for Santander’s Corporate and Commercial...
Caesars Entertainment, CEOC Announce Key Terms of Proposed Restructuring Plan
Caesars Entertainment Corporation and Caesars Entertainment Operating Company, Inc. ("CEOC") and its Chapter 11 debtor subsidiaries (collectively, the "Debtors") announced that they have received confirmation from representatives of CEOC's major creditor groups of those groups' support for a term...
Marquette Business Credit Funds $5MM Credit Facility to FlexManage
Marquette Business Credit recently funded a $5 million credit facility to FlexManage, a portfolio company of Eureka Growth Capital.  Based out of Chicago, FlexManage is an IT consulting and service provider with branch offices across the United States.  The secured facility consists of a revolving...
North Avenue Capital Closes $9MM USDA Loan With SB Manufacturing
North Avenue Capital, LLC (NAC), a specialized commercial lender, announced the closing of a $9 million loan for SB Manufacturing, LLC ("SB"), a Dade City, FL aluminum automotive wheel manufacturer. NAC Commercial Lender Drew Louis, led the project. According to Louis, "North Avenue Capital is...
Municipal Bankruptcy: Coming Soon to a City or Town Near You?
Robert G. Flanders, Jr.
Attorney Robert Flanders discusses actions asset-based lenders can take to mitigate the risks that they will be treated...
9/19/2016 Topic: Bankruptcy
Sallyport Commercial Finance has thrived as an energy lender despite volatility...
Marquette Business Credit’s Ron Vanek shares his response to the eternal...
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