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First Citizens Names Holding Middle Market Banking Leader for Northeastern United States
First Citizens Bank announced that Snow Holding has been named Director and Market Leader of Middle Market Banking for the Northeast, where he will lead relationship managers and business expansion efforts in both the Boston and New York offices, as well as the broader Northeast Corridor."Snow is an...
In Memoriam: Patti Kotusky of SLR Business Credit
SLR Business Credit is saddened to announce that, Patti Kotusky,  its Manager of ABL Operations and one of its founders, passed away after a short illness. Prior to SLR Business Credit (formerly North Mill Capital), which she founded as part of the original management group, Patti Kotusky was with...
11/21/2025
Siena Lending Group Provides $33.5MM in Working Capital Facilities to Dorfman Milano Company
Siena Lending Group closed a $33,500,000 asset-based credit facility for Dorfman Milano Company (“Dorfman”), a leading designer, manufacturer, and distributor of headwear and accessories.  The financing will provide Dorfman with enhanced financial flexibility to support its working capital needs and...
11/21/2025
Silicon Valley Bank Provides $50MM Growth Capital Facility to Lumafield
Silicon Valley Bank (SVB), a division of First Citizens Bank, provided a $50 million growth capital facility to Lumafield, a pioneer in advanced manufacturing technology that delivers AI-powered manufacturing intelligence to help companies improve product quality, accelerate development, and...
11/21/2025
 
Bankruptcy or Receivership: Finding the Win in a Loss
Geoff Groshong and Al Davis
Restructuring veterans Geoff Groshong and Al Davis discuss why Subchapter V bankruptcy has significant advantages over...
10/22/2025 Topic: Bankruptcy
MCA debt relief schemes promise quick fixes—but often deepen risk, destroy cash...
Bankruptcy courts are dismantling MCA agreements, reclassifying them as loans...
 
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