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Trinity Capital announced a portfolio update for the first half and second quarter of 2025. Trinity Capital originated $519 million of new commitments in the second quarter of 2025, bringing new commitments for the first half of 2025 to $705... Read Story

Filed Under: Industry News
July 11, 2025 @ 08:15 AM

Provident Bank announced that Robert Orzechowski has joined the company as First Vice President, Senior Relationship Manager on the Asset-Based Lending (ABL) team. In this role, Mr. Orzechowski will be responsible for sourcing, evaluating, and... Read Story

July 11, 2025 @ 08:10 AM

B. Riley Securities served as exclusive financial advisor to Pool Works, LLC in connection with the Company’s successful acquisition by a Texas based private equity firm focused on investing in and growing service businesses.  Pool Works is a pool... Read Story

Filed Under: Construction
July 11, 2025 @ 07:00 AM

Flagstar Bank announced a significant expansion of its Specialized Industries Group, a major milestone in its long-term growth and transformation strategy. This group comprises 12 distinct industry verticals, each focused on serving the debt finance... Read Story

July 10, 2025 @ 08:15 AM

WSFS Bank, the primary subsidiary of WSFS Financial Corporation named Frank McGrane as Executive Vice President, Chief Credit Officer (CCO). He will report to Christine Davis, Executive Vice President, Chief Risk Officer.“Frank’s decades of... Read Story

July 10, 2025 @ 08:12 AM

B. Riley Financial entered into an amendment to its senior secured credit agreement with funds managed by Oaktree Capital Management, L.P.The amended Term Loan Facility provides incremental flexibility, including: a new investment basket that enables... Read Story

Filed Under: Lender Finance
July 10, 2025 @ 08:10 AM

Trinity Capital announced the commitment of $35 million in growth capital to INSHUR, a leader in innovative insurance solutions for the on-demand economy.Operating globally, INSHUR provides commercial insurance for on-demand mobility drivers, fleet... Read Story

Filed Under: Insurance
July 10, 2025 @ 08:05 AM

KULR Technology Group, a Bitcoin First Company and global leader in sustainable energy management, has secured a $20 million credit facility with Coinbase Credit, Inc., a subsidiary of Coinbase Global, Inc.The agreement establishes a multi-draw loan... Read Story

Filed Under: Cryptocurrency
July 10, 2025 @ 08:01 AM

Genesis HealthCare, Inc., along with its subsidiaries, has taken steps to implement a financial restructuring to secure the long-term delivery of its mission. This process is designed to ensure that the Company can continue operating in a seamless... Read Story

Filed Under: Bankruptcy
July 10, 2025 @ 08:00 AM

Alvarez & Marsal (A&M) announced the appointment of Zack Shah as a Private Equity Performance Improvement (PEPI) group Managing Director co-leading its Education and Edtech Advisory practice alongside Managing Director Vadim Tsysin. Mr. Shah’s hire... Read Story

July 10, 2025 @ 07:32 AM