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First Horizon Names Hung as Chief Credit Officer, Springfield to Retire
First Horizon Corporation announced Thomas Hung, Executive Vice President, Head of Franchise Finance, will be named Senior Executive Vice President, Chief Credit Officer, effective Oct. 1, 2024. Hung will succeed Susan Springfield, Senior Executive Vice President, Chief Credit Officer, who has...
Rosenthal Closes $11MM Asset-Based Lending Transaction for Seafood Importer, Distributor
Rosenthal & Rosenthal completed an asset-based lending transaction for a major seafood importer totaling $11 million.  Based in the Southeast, the company imports and distributes high-quality frozen seafood to major food wholesalers and retail partners throughout the Eastern and Southeastern U.S. In...
4/16/2024
Solifi Announces Codat Integration is Now Available on Open Finance Platform
Solifi announced the completion of the integration with Codat, a leading provider of enhanced-connectivity automated solutions. The out-of-the-box functionality enables asset-based lending (ABL) firms to make smarter, faster and actionable credit decisions. Using pre-built APIs, the integration with...
4/16/2024
Mountain Ridge Capital Provides $24MM Credit Facility to National Fashion Apparel Distributor
Mountain Ridge Capital ("MRC") closed a $24 million senior secured credit facility for a  national fashion apparel distributor. The MRC facility refinanced the debt of another lender and will be utilized to manage through working capital cyclicality and support new business growth.  The tailored MRC...
4/16/2024
 
Upcoming Commercial Financing Regulations: Insights from Florida, Connecticut, and Georgia
Dan Taylor
Regulators have introduced regulations that require financial disclosures to small businesses that seek commercial...
2/6/2024 Topic: Regulatory
The pullback of super regional banks gives smaller regional and community banks...
Topic: Banking
 
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