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Monroe Capital LLC 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.Founded in... Read Story

Filed Under: Cannabis
August 22, 2019 @ 09:00 AM

Citizens Commercial Banking announced that Jason Shanahan has joined the bank’s Retail Finance Group as a Senior Vice President and Senior Originator. Bringing more than 20 years of financial services experience to his new role, Shanahan joins... Read Story

August 22, 2019 @ 08:55 AM

Fifth Third Bancorp announced that Peter Gruebele has joined Fifth Third as senior vice president and San Francisco market executive. In this role, he will report to Joseph Yurosek, California market president for Fifth Third Bank.“Peter is embedded... Read Story

August 22, 2019 @ 08:50 AM

PNC Bank, National Association, announced the closing of an $18.5 million senior secured credit facility for Sandusky, Ohio-based August Corso Sons, Inc. (Corso). PNC Bank, N.A., served as administrative agent.Established in 1941, Corso is a fourth... Read Story

Filed Under: Industry News
August 22, 2019 @ 08:45 AM

NXT Capital announced that it has provided a senior credit facility to support Tenex Capital Management’s acquisition of Big Bolt.NXT Capital acted as the Joint Lead Arranger, Sole Bookrunner and Administrative Agent for this transaction.“The NXT... Read Story

August 22, 2019 @ 08:40 AM

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.Andy Allaire, Regional Market... Read Story

Filed Under: Food Services
August 22, 2019 @ 08:00 AM

CIT Group Inc. announced 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... Read Story

August 21, 2019 @ 09:00 AM

Wells Fargo announced its Commercial Banking leadership team for the Northeast, which includes leaders serving businesses in New England, Western New York and Eastern Canada. The new leadership team stems from the bank’s recently announced structure... Read Story

August 21, 2019 @ 08:55 AM

White Oak Healthcare Finance, LLC 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”).  CareMax is an at-risk... Read Story

Filed Under: Medical
August 21, 2019 @ 08:50 AM

Vedder Price is pleased to announce that its Global Transportation Finance team, led by Shareholders Mark Ditto and Marc Klyman, represented Stonebriar Commercial Finance (Stonebriar) in extending and amending certain terms of its existing $1.0... Read Story

Filed Under: Industry News
August 21, 2019 @ 08:45 AM