Finacity Corporation, a White Oak Global Advisors company, successfully closed a $30 million senior secured revolving credit facility for Hornblower Group Inc., a leading global provider of tourism experiences and transportation services with a focus on maritime cruising activities. Finacity provided structuring and execution support throughout the closing process and is responsible for the ongoing program administration and reporting. Synovus served as the lender and facility agent.Dave
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September 12, 2025 @ 08:08 AM
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Gordon Brothers is bolstering the firm’s market presence in New England and has welcomed Daniel Bolger as Director, Business Development. In this role, Bolger will accelerate Gordon Brothers’ continued growth in the region by providing comprehensive, integrated solutions across the firm’s existing suite of asset services, lending and financing, and trading that unlock liquidity for clients and partners. Based in Boston, Bolger advises asset-based lending, investment banks, private equity
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September 12, 2025 @ 08:07 AM
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Celcuity, a clinical-stage biotechnology company pursuing development of targeted therapies for oncology, has entered into an amendment to its existing senior secured credit facility with an affiliate of Innovatus Capital Partners, LLC (“Innovatus”) and Oxford Finance LLC, and its affiliates (together, “Oxford”). The amendment increases the total term loan facility size to $500 million, including $350 million in committed capital and up to $150 million at the mutual discretion of Celcuity and
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September 12, 2025 @ 08:05 AM
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eCapital funded a $7.5 million accounts receivable line of credit to support a multi-facility hospital operator in Texas.“Across the country, hospitals are looking for capital partners who understand their business,” said Steven Silver, Head of Sales, ABL at eCapital. “This $7.5 million facility reflects eCapital’s growing track record of delivering reliable working capital to healthcare operators and our ability to step in quickly where traditional lenders may not.”The facility will enhance
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September 12, 2025 @ 07:59 AM
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Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, extended a $150 million senior secured revolving credit facility to Activehours, Inc. d/b/a EarnIn (“EarnIn”), a leading earnings management company. The facility, structured by Cross River’s Principal Finance Group (PFG), delivers scalable, cost-effective capital to help EarnIn meet rising demand for its “Cash Out” product- an earned wage access (“EWA”) solution that enables workers to access a
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September 12, 2025 @ 07:54 AM
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Accel Entertainment, a growing provider of locals-focused gaming and one of the largest terminal operators in the United States, entered into a $900 million senior secured credit facility. The Credit Facility consists of a $300 million Revolving Credit Facility and a $600 million Term Loan, each with a five-year term.Initial borrowings from the Credit Facility were used to repay in full and terminate all outstanding commitments under Accel’s existing senior secured credit agreement.Accel
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September 12, 2025 @ 07:42 AM
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Morrison Foerster announced the arrival of Ed Chang as a partner in the Complex Litigation Group in the Los Angeles office. Chang brings over two decades of experience representing blue chip clients in all aspects of complex litigation with an emphasis on high-stakes consumer and commercial litigation. His focus includes cybersecurity and privacy class actions, complicated business disputes, investigations, and regulatory compliance matters. Chang joins Morrison Foerster from another prominent
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September 12, 2025 @ 07:00 AM
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Top California Lender closed a $7.3 million construction loan to finance an exciting new project in Miami, Florida. This funding will support the construction of a 50,000-square-foot mixed-use project in the heart of the Wynwood neighborhood. The development will feature a sleek, three-story building with 20,000 square feet of ground-floor retail space, including boutique shops and a gourmet coffee bar, alongside 30 modern residential units on the upper floors, complete with rooftop terraces
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September 12, 2025 @ 06:00 AM
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TD Bank Group announced executive appointments to further strengthen its leadership bench, enhance execution and elevate the client experience."TD is building a bank for the future, with top talent, and a sharp focus on disciplined execution and client experience leadership," said Raymond Chun, Group President and Chief Executive Officer. "I'm energized to work with these strong executives and leaders across the Bank to drive change, support clients and accelerate growth."Taylan Turan will join
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September 11, 2025 @ 08:15 AM
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BOK Financial hired Reed Upson as senior vice president and ABL Business Development Officer. Prior to joining BOKF, Upson spent over 12 years as an investment banker helping founder owners, sponsors, and management teams navigate M&A, growth financing, recapitalizations, and special situations and has helped originate, underwrite, and structure over $3B of capital commitments in his career. Most recently Upson was Head of Capital Markets at G2 Capital Advisors where he helped middle market
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September 11, 2025 @ 08:10 AM
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Trinity Capital announced the commitment of $26 million in growth capital to Unmind, the workplace mental health platform delivering complete care in one solution, powered by AI. Unmind combines human expertise, digital innovation, and proven science so every employee can access the right support – from proactive and preventative AI guidance to therapy, coaching, crisis care, 24/7 programs, and wellbeing progress tracking. With tailored solutions for individuals, leaders, and organizations
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September 11, 2025 @ 08:08 AM
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Cambridge Savings Bank (“CSB”), a full-service community bank with a customer-first approach and $7 billion in assets, announced the appointment of Erin Toomey as Chief Human Resources Officer. Erin brings more than 25 years of experience leading human resources strategy and organizational transformation across diverse industries and complex business environments.In her new role, Toomey will be tasked with leading CSB’s human resources strategy, fostering a high-performing and inclusive culture
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September 11, 2025 @ 08:03 AM
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Porter Capital Corporation announced the addition of Roger S. Welker as Senior Vice President. With more than 35 years of experience in commercial finance, Welker brings deep expertise in factoring, asset-based lending, and relationship-driven business development."At Porter, we build our team with seasoned leaders who share our commitment to fast, transparent financing solutions," said Marc Porter, CEO of Porter Capital. "Roger's track record in helping businesses bridge cash flow gaps makes
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September 11, 2025 @ 08:00 AM
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Truist Financial Corporation announced Jenna Kelly as head of the Consumer and Retail practice group within Truist Corporate Banking and Travis Rhodes as North Carolina West regional president for Truist's Commercial Banking business. Kelly has more than 30 years of experience with Truist and will lead a team of bankers that serves consumer and retail companies across the U.S. Most recently serving as the North Carolina West regional president, she has overseen Truist's business and community
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September 11, 2025 @ 07:58 AM
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Fifty Stones Capital Group closed a $39.3 million construction loan for a state of the art senior living facility in Chandler, Arizona. The deal showcases the firm’s ability to deliver fast, tailored financing solutions for complex, high-value development projects.The opportunity came to Fifty Stones Capital Group through a local broker who recognized the unique potential of the project. The sponsor, a seasoned local developer with extensive experience in multifamily and senior housing, had
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September 11, 2025 @ 07:14 AM
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