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TD Bank Group announced that, following several years of active cooperation and engagement with authorities and regulators, it has reached a resolution of previously disclosed investigations related to its U.S. Bank Secrecy Act (BSA) and Anti-Money... Read Story

Filed Under: Banking News
October 11, 2024 @ 08:15 AM

TAB Bank extended a $10 million revolving Asset-Based Loan (ABL) to Mobility Trust Group, a company specializing in financing mission-critical assistive technology products, including wheelchair-accessible vehicles and home accessibility equipment... Read Story

Filed Under: Specialty Industries
October 11, 2024 @ 08:10 AM

Trinity Capital announced the commitment of $40 million in growth capital to Beam Benefits ("Beam"), a digitally native employee benefits company.Founded in 2012, Beam began by modernizing dental benefits. Since then, Beam has evolved into a one-stop... Read Story

Filed Under: Specialty Industries
October 11, 2024 @ 08:05 AM

FirstLight Fiber, the northeast U.S.’s largest independent fiber bandwidth infrastructure provider with 25,000 fiber network route miles and more than 125,000 addressable locations, successfully raised $120 million in new strategic debt financing.... Read Story

Filed Under: Telecom
October 11, 2024 @ 08:00 AM

Platinum Equity led a new and upsized Second-Lien Term Loan for Railway Equipment Leasing and Maintenance Inc. ("RELAM") to refinance the company's existing indebtedness and support future growth of the business.RELAM is a provider of specialty... Read Story

Filed Under: Rail
October 11, 2024 @ 07:54 AM

Marathon Asset Management closed a senior-secured credit facility to refinance Owl Cyber Defense (the “Company”), a portfolio company of DC Capital Partners.Owl Cyber Defense is a leading provider of Cross Domain Solutions (CDS) and Data Diode... Read Story

Filed Under: Cybersecurity
October 11, 2024 @ 07:51 AM

Peapack-Gladstone Financial Corporation and Peapack-Gladstone Bank announced that Michael Anthony Guarino, Esq. has joined the Bank as a Senior Vice President, Attorney.Working out of the Bank’s Headquarters in Bedminster, New Jersey and its new... Read Story

October 11, 2024 @ 07:38 AM

Alvarez & Marsal  appointed Nate Brewer as a Managing Director with the firm’s Public Sector Servicesgroup and Federal practice. Brewer’s joining expands A&M’s federal sector capabilities, further empowers the firm to help government clients address... Read Story

October 11, 2024 @ 07:00 AM

ATC Managers successfully closed a $78 million bridge loan to facilitate the acquisition of a multifamily portfolio. This 12-month, fixed-rate bridge loan will enable the purchase of a portfolio consisting of 27 properties across North Carolina... Read Story

Filed Under: Real Estate
October 11, 2024 @ 06:00 AM

Encina Lender Finance (“ELF”) announced several senior executive promotions and key new hires to support the company’s next stage of growth.The promotions are as follows: Geoff Beard – Chief Executive Officer & Chief Investment Officer: Geoff... Read Story

October 10, 2024 @ 08:15 AM