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Velocity One, a portfolio company of Charlesbank Capital Partners and an industry leader that designs, manufactures, and supports a wide range of products for the Aerospace and Defense markets, has closed on a new senior credit facility with SLR... Read Story

Filed Under: Aerospace
June 18, 2025 @ 08:15 AM

Haversine Funding announced a new wave of fundings, highlighting its range of capital solutions for commercial lenders – from senior and junior lender finance lines of credit to participations in factoring, ABL, bridge loans, equipment lenders and... Read Story

June 18, 2025 @ 08:10 AM

Umpqua Bank released the findings of its seventh annual Business Barometer, a nationwide study into the mindset and priorities of small and middle market businesses. Despite a mixed outlook over the economic headwinds, including the potential impact... Read Story

Filed Under: Industry News
June 18, 2025 @ 07:50 AM

Rosenthal Capital Group (RCG), a leading private commercial finance firm in the United States, announced the completion of a $9.5 million asset-based loan facility for a large-scale manufacturer of graphic printing solutions. Based in New Jersey, the... Read Story

Filed Under: Printing
June 17, 2025 @ 08:22 AM

Truist Financial Corporation hired Charles Alston as head of its new Nonprofit Hospitals, Higher Education and Government (HHG) banking team to drive focused growth and deepen client relationships.As part of the Truist Specialized Industries team... Read Story

June 17, 2025 @ 08:21 AM

At Home Group Inc. announced steps the Company is taking to strengthen its financial foundation and position the business for long-term success while continuing to serve its customers.The Company has entered into a Restructuring Support Agreement... Read Story

Filed Under: Bankruptcy
June 17, 2025 @ 08:20 AM

Wintrust Business Credit (WBC) closed a new $100 million asset-based revolving line of credit to this Midwest-based distributor. WBC acted as the administrative agent and lead arranger for the new credit facility.   The company is a prominent... Read Story

Filed Under: Distribution
June 17, 2025 @ 08:10 AM

Turning Rock Partners, a New York-based private investment firm, announced Shahid Khoja has joined the firm as Head of Credit. Khoja brings nearly 20 years of experience across public and private credit investing and leveraged finance, with deep... Read Story

June 17, 2025 @ 08:08 AM

Diversified Healthcare Trust closed a new $150 million secured revolving credit facility. The facility is secured by 14 senior housing communities with 2,632 living units managed by Five Star Senior Living, the operating division of AlerisLife Inc.... Read Story

Filed Under: Real Estate
June 17, 2025 @ 08:05 AM

Republic Business Credit successfully funded a $1,000,000 non-recourse factoring facility for a prominent Los Angeles-based fashion and textile manufacturer. Republic's tailored solution provided the company with an outsourced accounts receivable... Read Story

Filed Under: Apparel
June 17, 2025 @ 07:51 AM