The following members of the American Bankruptcy Institute (ABI) were elected to leadership positions as officers and directors: Christopher A. Ward of Polsinelli (Wilmington, Del.) has become ABI President for a one-year term, succeeding Soneet R....
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April 24, 2024 @ 08:05 AM
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Mountain Ridge Capital ("MRC") and Alpine Ridge Funding ("ARF"), independent asset-based lending and factoring companies backed by Arena Investors closed a $110 million senior credit facility from Wells Fargo Capital Finance. The facility will...
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April 24, 2024 @ 08:02 AM
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Hercules Capital is celebrating its 20th year of originations activity by reaching the $20.0 billion milestone in total debt commitments.Founded in December 2003, and originating its first deal in 2004, the Company’s mission was simple: Provide...
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April 24, 2024 @ 08:00 AM
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The Board of Directors of Renasant Corporation implemented the next step of the Company’s management succession plan, designating Kevin D. Chapman to become Chief Executive Officer of the Company and Renasant Bank effective May 2025. Chapman will...
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April 24, 2024 @ 07:53 AM
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Peapack-Gladstone Financial Corporation and Peapack Private, a division of Peapack-Gladstone Bank, announced that Greg Tamberlane has been appointed as Senior Vice President, Head of Commercial Bank Operations New York, continuing to lead the...
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April 24, 2024 @ 07:52 AM
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First Citizens Bank's Healthcare Finance business provided $58.4 million in financing to Anchor Health Properties for the construction of a 92-bed inpatient rehabilitation facility in Miami, Florida. The 96,000-rentable-square-foot facility with an...
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April 24, 2024 @ 07:26 AM
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First Business Bank announced Paige Runyard’s promotion to Assistant Vice President – Senior Credit & Portfolio Manager within its Accounts Receivable Financing team, part of First Business Specialty Finance, LLC. In this position, Runyard manages a...
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April 24, 2024 @ 07:14 AM
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Alvarez & Marsal (A&M) expanded its CFO Services Group offering with appointment of Managing Directors Gregg Nicoll, Vikas Kumar, and Sean Kracklauer within its Corporate Performance Improvement (CPI) practice. Messrs. Nicoll’s, Kumar’s and...
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April 24, 2024 @ 07:10 AM
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While lenders experienced subdued demand for factoring in 2023, reflecting soft consumer retail spending and a cautious retailer approach to inventory management, the Secured Finance Network (SFNet) Year-End Factoring Survey found that overall...
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April 24, 2024 @ 07:00 AM
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Danimer Scientific, a leading next generation bioplastics company focused on the development and production of biodegradable materials, announced that on April 19, 2024, it entered into an asset-based revolving credit and security agreement with...
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April 23, 2024 @ 08:00 AM
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