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Monroe Capital LLC was selected as the recipient of the 2019 Best U.S. Direct Lending Fund by Creditflux, a London-based global publication and leading information source for the rapidly evolving market for credit funds and CLOs. The award was... Read Story

Filed Under: Industry News
May 22, 2019 @ 09:00 AM

The Commercial Finance Association released its annual Asset-Based Industry and Annual Factoring Industry reports with the aim of providing lenders year-end ‘snapshots’ of their respective industries that can be used to benchmark performance.Among... Read Story

May 22, 2019 @ 08:55 AM

Monticello Asset Management, LLC, a specialized private real estate and asset-based lender, servicer and manager providing innovative capital solutions, announced that F. Donald Kelly III has been appointed as Senior Managing Director, effective... Read Story

May 22, 2019 @ 08:50 AM

Alvarez & Marsal (A&M) announced the addition of Managing Directors Dave Cappellina and Rich Fogarty, in Washington, D.C., and New York/Miami, respectively, in its Disputes and Investigation practice. Their decades of global investigation experience... Read Story

May 22, 2019 @ 08:00 AM

California BanCorp, the holding company for California Bank of Commerce (CBC), has added Mark J. Simshauser to its asset-based lending team, known in the market as CBC Business Credit. Simshauser will serve as Senior Vice President of Business... Read Story

May 22, 2019 @ 07:55 AM

CIT announced the appointment of Elijah Kaplan to lead CIT Northbridge Credit business development efforts across the Northeast.Based in New York, Kaplan is an experienced professional in middle market lending, private equity and restructuring. He... Read Story

May 21, 2019 @ 09:00 AM

AmeriTex Holdings LLC announced that it closed $25 million in Subordinated Notes with Prudential Capital Partners, LP (Prudential) and a $105 million Senior Credit facility with MUFG Union Bank (Union Bank), US Bank and Banc of California to... Read Story

Filed Under: Construction
May 21, 2019 @ 08:50 AM

Monroe Capital LLC announced an increase in its credit facility to Mammoth Holdings to support the acquisition FLCW, LLC d/b/a Finish Line Car Wash. In October 2018, Mammoth partnered with Red Dog Equity LLC, an Atlanta-based private equity firm... Read Story

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

Hunton Andrews Kurth LLP continues the expansion of its structured finance and securitization practice with the addition of industry veteran Serena M. Mentor as counsel in New York.Mentor has longstanding experience representing issuers, sponsors... Read Story

May 21, 2019 @ 08:29 AM

Hitachi Capital America (HCA), a leading specialty finance company focusing on commercial loans and leases, is expanding its suite of working capital solutions in the Mexican marketplace, all while having witnessed a substantial growth of 30% in its... Read Story

Filed Under: Industry News
May 21, 2019 @ 08:25 AM