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Wells Fargo & Company announced that Fernando Rivas has been named SEVP and Co-CEO of Corporate & Investment Banking (CIB), reporting to Wells Fargo CEO Charlie Scharf and joining the company’s Operating Committee, effective today. Rivas and Jon... Read Story

May 09, 2024 @ 08:00 AM

SLR Business Credit (SLRBC) partnered with a preeminent North American distributor of mobile air compressors, generators, and air tools. The firm is also an innovator in creating a sustainable hybrid energy system which alters how contractors and... Read Story

Filed Under: Distribution
May 09, 2024 @ 07:47 AM

First Citizens Bank announced that its CIT Commercial Services subsidiary has named Jason Goldberg as a regional sales manager dedicated to increasing new business in the Northeast.Goldberg will be responsible for managing a team of business... Read Story

May 09, 2024 @ 07:45 AM

Encina Lender Finance closed a $20 million senior credit facility for an indirect auto finance platform with a network of dealers spanning across 30+ states. The borrower will use this facility to support its continued expansion. Read Story

Filed Under: Lender Finance
May 09, 2024 @ 07:40 AM

Alvarez & Marsal (A&M) Health Industry Group appointed Mark Sugrue as a Senior Director in its Health System practice. Sugrue’s hiring marks the next milestone of the Healthcare Industry Group’s growth strategy, and building on the momentum of recent... Read Story

May 09, 2024 @ 07:38 AM

First Citizens Wealth launched new enhancements to its Private Investments capabilities that enable qualified clients to invest in growth-oriented opportunities outside of the traditional public securities markets.These new private investments... Read Story

Filed Under: Banking News
May 09, 2024 @ 07:21 AM

Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition and growth of Interstate AC Service, LLC (“Interstate AC”), Kimbro Mechanical and Open Source Controls by... Read Story

Filed Under: HVAC
May 09, 2024 @ 07:14 AM

PlainsCapital Bank recently announced that Jud Miller has joined its commercial lending team as Senior Vice President, Senior Commercial Loan Officer.  With over two decades of diverse financial services experience spanning commercial banking... Read Story

May 09, 2024 @ 07:00 AM

Sallyport announced a groundbreaking $10 million in accounts receivable finance for a prominent pharmaceutical company - Shield Therapeutics Inc. This financing marks a pivotal moment for the organization, which is fervently navigating its... Read Story

Filed Under: Pharmaceuticals
May 09, 2024 @ 06:00 AM

WhiteHawk Capital Partners entered into an agreement with C3 Rentals, Inc. to provide a $100 million asset-based credit facility. C3 Rentals will use the proceeds of the financing to provide incremental liquidity for continued growth and to refinance... Read Story

Filed Under: Rental
May 08, 2024 @ 08:00 AM