MidCap Financial (“MidCap”), announced key leadership appointments in accordance with its long-term succession planning. Effective January 1, 2026, Josh Groman, current Chief Investment Officer, will succeed Steve Curwin as Chief Executive Officer, and Randy Feldner, current Deputy Chief Financial Officer, will succeed David Moore as Chief Financial Officer.Curwin and Moore will remain with the company as Co-Executive Chairman and Vice Chairman, respectively, working closely with the new
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December 12, 2025 @ 08:15 AM
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TAB Bank has closed a $15 million asset-based lending facility for Gehr Industries, Inc. The new financing will help Gehr maintain its position as a premier provider of electrical wire and cable, industrial supplies, and related products throughout the United States and Canada.Founded in 1965, Gehr Industries is a vertically integrated developer and distributor of copper wire, extension cords, portable power distribution systems, and related electrical accessories. Headquartered in Commerce
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December 12, 2025 @ 08:12 AM
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Rostrum Pacific (“Rostrum”), an independently operated full-service music company, secured $150 million in financing from Crayhill Capital Management (“Crayhill”), a $2.9 billion asset-based investment firm. Rostrum Pacific’s framework, under the leadership of CEO Benjy Grinberg and COO Jonathan Partch, has been intentionally constructed to support rights holders at every stage. In 2023, the company united its portfolio under the Rostrum Pacific parent banner, bringing together Rostrum Records
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December 12, 2025 @ 08:10 AM
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Citizens Capital Markets & Advisory served as the sole lead arranger of a $390 million debt financing for River Rock Entertainment Authority, the gaming authority of the Dry Creek Rancheria Band of Pomo Indians. The financing is anchored by a commitment from Gaming and Leisure Properties, Inc. as lead real estate financing partner.The financing will be used to transform the Tribe’s existing River Rock Casino into a world-class destination-style resort casino that will be managed by Caesars
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December 12, 2025 @ 08:03 AM
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nFusion Capital provided a $2 million factoring facility to a light industrial and skilled trades staffing company. The financing will support a strong pipeline of projects and ongoing growth. Based in Texas and founded in 2023, the Company provides a fully trained and certified workforce to the ship repair, marine, offshore, and industrial construction industries for both short- and long-term assignments, serving companies such as Kiewit and SpaceX. The Company’s workforce including positions
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December 12, 2025 @ 08:00 AM
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Solifi announced a strategic partnership with Liventus and Consult Disrupt to provide equipment finance clients with expanded implementation, automation, and cloud migration services across the Solifi portfolio.This partnership combines technologies from Solifi, including Solifi's Open Finance Platform (OFP) and Leasepath by Solifi with decades of custom development and operational experience from Liventus. Together, the organizations will deliver end-to-end implementation support for equipment
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December 12, 2025 @ 07:42 AM
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Avocet Partners announced its launch as a new insurance-focused investment and operating platform backed by $500 million of committed equity capital from funds managed by Oaktree Capital Management ("Oaktree") and Lane42 Investment Partners ("Lane42").Led by an experienced founding team of operators with a proven track record of building, scaling, and managing insurance platforms across multiple market cycles, Avocet was formed to acquire, operate and grow life insurance platforms and establish
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December 12, 2025 @ 07:32 AM
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Sallyport announced the provision of a $1,000,000 factoring facility to a rapidly growing electronic components distributor, referred to by one of Sallyport's trusted broker partners. As the company expanded its footprint and order volume, so did its working capital requirements. Longer receivable cycles and increased purchasing demands were placing pressure on day-to-day liquidity - a common challenge for distributors experiencing fast, sustained growth. Sallyport's factoring facility will
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December 12, 2025 @ 07:01 AM
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CIBC US Asset Based Lending recently provided NW Automotive Group, LLC, a portfolio company of New Water Capital, dba LUXIT, with a new Senior Credit Facility to support working capital and growth needs, as well as provide a full suite of banking products and services. LUXIT is a company of world-leading technology experts in vehicle small lamp design and manufacturing, serving OEMs and Tier 1 customers separately under two divisions:
MYOTEK: the Tier 1 division based in Farmington Hills, MI
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December 12, 2025 @ 07:00 AM
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Phoenix Management, a Part of J.S. Held Lending Survey Results Reveal Continued Concern About Political Uncertainty Following the meeting of the US Federal Reserve yesterday, global consulting firm J.S. Held reveals the “Lending Climate in America” survey results from Phoenix Management, a part of J.S. Held. The fourth quarter survey results highlight the persisting lender views on policy decisions and their national/global impacts. Phoenix’s Q4 2025 “Lending Climate in America” survey asked
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December 11, 2025 @ 08:16 AM
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Cambridge Savings Bank (CSB) announced that W. Calvin “Cal” Navatto has joined the Bank as Senior Vice President, Senior Asset-Based Lending (ABL) Relationship Manager within its Commercial Division. In this role, Navatto will focus on expanding CSB’s asset-based lending portfolio, deepening relationships with middle-market companies, and supporting the continued growth of the Bank’s ABL business.
Navatto brings decades of experience in commercial finance, business development, and asset-based
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December 11, 2025 @ 08:10 AM
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Kent Outdoors (Kent) announced a $90 million asset-based revolving credit facility from PNC Business Credit. The multi-year financing further strengthens Kent’s domestic market position and provides flexible liquidity to support seasonal working-capital needs, helping the Company sustain its trajectory of growth.
“This strategic financing keeps Kent well-positioned to scale with seasonal demand, maintain strong relationships with our vendor and retail partners, and continue investing in our
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December 11, 2025 @ 08:05 AM
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Gibraltar Business Capital (GBC) closed a $15MM senior secured facility for Sampa USA LLC (Sampa), a leading distributor of heavy-duty commercial parts for trucks, trailers, and buses. The new facility supports Sampa’s operations in the United States by refinancing existing debt, providing them more liquidity and strengthening the company’s capital position for continued growth.
Established in 2018 and headquartered in Frisco, Texas, Sampa USA LLC is a wholly owned subsidiary of Sampa Otomotiv
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December 11, 2025 @ 08:03 AM
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Origis Energy, one of America's leading renewable energy platforms, announced financial close for the Swift Air Solar II and Swift Air Solar III projects in Ector County, Texas. The two projects have a combined nameplate capacity of 313 MWdc. The $290 million senior secured debt facilities include construction debt, term debt and a tax credit bridge loan from Natixis Corporate & Investment Banking (Natixis CIB) and Santander Corporate & Investment Banking (Santander).
Natixis CIB and Santander
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December 11, 2025 @ 08:00 AM
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U.S. data centers, a key component of the nation’s technology infrastructure, were a driving force behind a surge in equipment and software investment during the first half of 2025, accounting for roughly one-third of real GDP growth. With data center costs ranging from $200 million for smaller facilities to well over $1 billion, data center financings in the U.S. were $30 billion in 2024 and could double to reach $60 billion in 2025 according to a new study, “Vertical Market Outlook Series:
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December 11, 2025 @ 07:49 AM
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