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Flagstar Bank announced a significant expansion of its Specialized Industries Group, a major milestone in its long-term growth and transformation strategy. This group comprises 12 distinct industry verticals, each focused on serving the debt finance... Read Story

July 10, 2025 @ 08:15 AM

WSFS Bank, the primary subsidiary of WSFS Financial Corporation named Frank McGrane as Executive Vice President, Chief Credit Officer (CCO). He will report to Christine Davis, Executive Vice President, Chief Risk Officer.“Frank’s decades of... Read Story

July 10, 2025 @ 08:12 AM

B. Riley Financial entered into an amendment to its senior secured credit agreement with funds managed by Oaktree Capital Management, L.P.The amended Term Loan Facility provides incremental flexibility, including: a new investment basket that enables... Read Story

Filed Under: Lender Finance
July 10, 2025 @ 08:10 AM

Trinity Capital announced the commitment of $35 million in growth capital to INSHUR, a leader in innovative insurance solutions for the on-demand economy.Operating globally, INSHUR provides commercial insurance for on-demand mobility drivers, fleet... Read Story

Filed Under: Insurance
July 10, 2025 @ 08:05 AM

KULR Technology Group, a Bitcoin First Company and global leader in sustainable energy management, has secured a $20 million credit facility with Coinbase Credit, Inc., a subsidiary of Coinbase Global, Inc.The agreement establishes a multi-draw loan... Read Story

Filed Under: Cryptocurrency
July 10, 2025 @ 08:01 AM

Genesis HealthCare, Inc., along with its subsidiaries, has taken steps to implement a financial restructuring to secure the long-term delivery of its mission. This process is designed to ensure that the Company can continue operating in a seamless... Read Story

Filed Under: Bankruptcy
July 10, 2025 @ 08:00 AM

Alvarez & Marsal (A&M) announced the appointment of Zack Shah as a Private Equity Performance Improvement (PEPI) group Managing Director co-leading its Education and Edtech Advisory practice alongside Managing Director Vadim Tsysin. Mr. Shah’s hire... Read Story

July 10, 2025 @ 07:32 AM

Morrison Foerster announced the arrival of Bryan Kotliar as a partner in the Business Restructuring + Insolvency Group, in the New York office. Kotliar brings over a decade of valuable experience representing corporate borrowers, creditors, and other... Read Story

July 10, 2025 @ 07:00 AM

The client is a general contractor in the DFW area that specializes in renovation and maintenance projects. With 18 years of experience, the owner has developed a renowned reputation in the region and is a trusted partner at many properties. For the... Read Story

Filed Under: Real Estate
July 10, 2025 @ 07:00 AM

Bank of America has named Julie Schmelzle, senior relationship manager, Global Commercial Banking, president of Bank of America Southwest Florida. She succeeds Gerri Moll, who successfully led the market since 1997 and is retiring at the end of July... Read Story

July 09, 2025 @ 08:12 AM