Nabil Istafanous announced the launch of Foothills Capital Advisory, a practice dedicated to helping businesses secure the necessary working and growth capital to succeed in today's challenging credit environment.During times of higher interest rates...
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SSG Capital Advisors served as the investment banker to Eiger BioPharmaceuticals, Inc. in the sale of substantially all of its assets related to the FDA-approved drug Zokinvy®, to Sentynl Therapeutics, Inc. The sale was effectuated through a Chapter...
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Huntington Business Credit closed $38,000,000 in new credit facilities with Royal Chemical Company, Ltd. on April 30, 2024. Proceeds of the facility were used to refinance existing debt and provide ongoing working capital financing.
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eCapital funded an $18 million asset-based lending facility for a leading commercial linen services company. This transaction not only demonstrates eCapital's commitment to supporting mid-market businesses but also highlights the value of its...
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Eclipse Business Capital provided a $105.8 million senior secured credit facility, consisting of an asset-based revolving line of credit and term loan to a sporting goods manufacturer. The credit facility is secured by accounts receivable, inventory...
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First Citizens Bank's CIT Commercial Services subsidiary named Don Norman as a vice president and senior portfolio and relationship manager in its Western Region. In his new role, Norman will be responsible for managing a portfolio of clients while...
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FrontWell Capital Partners closed a USD$14.2 million secured credit facility with Uniroyal Engineered Products, a manufacturer of vinyl-coated fabrics and soft trim technologies.The facility, comprised of a revolver and a term loan, will be used by...
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Seeking to broaden their sales reach in the US market, a thermal insulation company establish a new subsidiary. However, faced with insufficient working capital to fulfill substantial orders that would help them achieve their new sales goals, they...
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Electric Hydrogen announced $100 million in corporate credit financing to support manufacturing and deployment of their innovative 100MW electrolyzer plants, which enable the lowest cost production of green hydrogen. The funding was led by HSBC, with...
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Sam Ash—the century-old American music retailer that became a beloved institution for generations of amateur and professional musicians alike—filed for Chapter 11 bankruptcy protection on May 8, 2024 in the U.S. Bankruptcy Court for the District of...
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