Sprott announced that Sprott Private Resource Lending Fund III (“Fund III”) has completed its final closing. With the close of Fund III, total assets under management of Sprott Resource Lending Corp (“SRLC”) stands at U.S.$1.5 billion within the...
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September 25, 2023, 07:45 AM
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Bryant Park Capital (BPC) announced that Modeso LLC d/b/a RapidFunds, a leading funder of U.S. plaintiff law firms, closed on a $35 million senior secured credit facility with a leading alternative credit fund. BPC served as the exclusive financial...
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September 08, 2023, 07:21 AM
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California Bank of Commerce (CBC) has formed a new division to focus on existing specialty lines of business. The division will look to expand both credit and treasury solutions to the Bank’s commercial markets. Known as CBC Specialty Banking, the...
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November 16, 2022, 08:00 AM
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Pike Street Capital, LLC, a Seattle-based private equity firm, has announced the closing of Pike Street Capital Partners, a $237 million fund that will focus on control investments in industrial technology businesses. Fund investors include leading...
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November 20, 2020, 08:17 AM
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MUFG Union Bank announced that its Commercial Banking group acted as lead arranger for a recapitalization for software company NetMotion, optimizing the company's debt financing. NetMotion is a portfolio company of The Carlyle Group."With this...
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November 19, 2020, 08:25 AM
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Hercules Capital, Inc., the largest and leading specialty finance provider to innovative, venture growth stage companies backed by some of the leading U.S. and top-tier venture capital and select private equity firms, was named 2018 Specialty Finance...
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March 06, 2019, 08:00 AM
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Urban Plates, a California-based, upscale fast casual restaurant brand, announced today that it has closed a $38 million growth and working capital facility with Goldman Sachs Specialty Lending Group. The company will use the proceeds to expand the...
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September 26, 2018, 07:44 AM
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Marquette Business Credit announced the addition of Stephen Shelton to its Business Development team. Shelton joins Marquette as a Senior Vice President, Business Development Officer and will work out of Marquette’s newest location in New York City...
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December 13, 2016, 07:36 AM
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Hana Financial, Inc., one of the nation’s leading non-bank specialty commercial lenders, announced that its SBA lending unit, Hana Small Business Lending, Inc., has completed the securitization and sale of approximately $46.1 million of notes backed...
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November 16, 2016, 07:13 AM
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Marquette Business Credit announced it recently funded an $11,684,000 credit facility to Prime Window Systems, LLC. Prime Window Systems is a window and door manufacturer based out of Denver, CO. Tim Morris, Partner at Morris Capital Management was...
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September 07, 2016, 07:37 AM
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First Financial Bank, a Cincinnati-based community bank that got its start in 1863, announced the hiring of Brooke Balcom to its specialty banking leadership team. Balcom was recently named the Director of First Financial Business Capital, a division...
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May 26, 2016, 08:02 AM
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AloStar provided a $6.5 million loan to Hercules Funding, LLC, an investment firm based in Palo Alto, CA. Hercules Funding, LLC provides venture funding to a variety of firms including technology and life sciences companies. “Hercules is a great...
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May 17, 2016, 07:45 AM
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Marquette Business Credit announced it recently funded a $4 million credit facility to a distributor and repair service provider for medical imaging devices. Marquette’s secured facility consists of a $4.0 million revolving line of credit which will...
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February 23, 2016, 07:24 AM
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Marquette Business Credit, LLC announced it recently funded an $8.2 million credit facility to Nelson-Miller, Inc., a portfolio company of Superior Capital Partners. Based out of Los Angeles, Nelson-Miller, Inc. is an internationally recognized...
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February 11, 2016, 07:44 AM
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Gordon Brothers Finance Company (GBFC), a specialty-lending business to middle market companies, announced today that Eugene "Gene" Martin has been appointed President & Chief Executive Officer.Martin is a senior, global capital markets and credit...
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February 03, 2016, 08:08 AM
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Marquette Business Credit announced it has provided EBuys, Inc. (dba Shoe Metro) with a $17.5 million revolving line of credit to support its continued growth. Founded in 2004, EBuys is a rapidly growing on-line discount retailer of brand name...
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December 29, 2015, 07:55 AM
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Gordon Brothers Finance Company (GBFC), a specialty-lending business that originates senior secured Tranche B loans to middle market companies, announced it has funded $115 million of deals, over 90 days between May and August. GBFC was launched in...
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October 19, 2015, 07:57 AM
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MB Business Capital, the asset-based lending division of MB Financial Bank, N.A., announced that Greg C. Walker has joined the organization as a senior vice president, responsible for new business development in the northeastern United States. Walker...
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December 23, 2014, 07:58 AM
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Abacus Finance Group, LLC, a New York-based direct lending company that provides cash-flow senior financing for private equity-sponsored, lower-middle market companies announced that it served as administrative agent and sole lead arranger for $70...
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December 10, 2014, 07:32 AM
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BancAlliance announced that its network of over 150 member banks in 37 states originated a $32.5 million loan to a borrower referred to the network by one of its member banks. The referring member, West Gate Bank, retained control of its relationship...
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February 19, 2014, 07:32 AM
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