ABL Advisor, a leading digital media platform for the commercial finance and specialty lending industry, has launched a new video interview series featuring key insights from industry leaders recorded live at the 2025 IMN Bank Special Assets West Conference, held July 16–17 in Dana Point, California.As the exclusive media partner for the conference, ABL Advisor captured in-depth discussions with executives from the banking, private credit, distressed debt, and special assets sectors. The
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August 18, 2025 @ 08:17 AM
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Legacy Corporate Lending announced more than $125 million in financing activity to five companies during the first half of 2025. Legacy provided these asset-based credit facilities to companies throughout the country, spanning the agricultural, food and beverage, cosmetics, manufacturing, and distribution industries. Since launching in 2023, Legacy has closed 18 deals totaling more than $350 million in commitments. To support the continued growth of its platform and to deepen client service
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August 18, 2025 @ 08:15 AM
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S&P Global reported that equity research analysts raised their 2025 loan growth projections for the U.S. banking sector following stronger-than-expected second-quarter results.For the nation’s 20 largest publicly traded banks by assets, median net loan growth expectations climbed 123 basis points — to 4.1% — between June 30 and Aug. 4, according to an S&P Global Market Intelligence analysis of Visible Alpha data. Across all major exchange-traded banks, estimates rose a smaller 64 basis points
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August 18, 2025 @ 08:00 AM
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PHARMACORP RX entered into a credit agreement with Canadian Imperial Bank of Commerce (“CIBC”) providing the Corporation with up to $20,500,000 of committed credit facilities, plus a $10,000,000 accordion feature and a $1,000,000 Visa credit facility. The Credit Facilities will support PharmaCorp’s acquisition strategy and the expansion of its acquisition and operating platforms.In conjunction with the above Credit Facilities, CIBC is also supporting PharmaCorp’s Pharmacist Co-Ownership Program
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August 18, 2025 @ 07:53 AM
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Natixis Corporate & Investment Banking ("Natixis CIB") announced the successful financing of two aircraft for Alaska Air Group, Inc. ("Alaska").Based in Seattle, Alaska Air Group is the fifth largest airline in the United States. Following the acquisition of Hawaiian Holdings Inc. ("Hawaiian") on September 18, 2024, Alaska and Hawaiian are integrating into a combined carrier with a comprehensive network spanning North America, Asia, the south Pacific and soon, Europe.Natixis CIB structured the
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August 18, 2025 @ 07:37 AM
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Greenberg Traurig represented Global Net Lease (GNL) in a $1.8 billion refinancing of its revolving credit facility, extending the maturity date from October 2026 to August 2030, inclusive of two six-month extension options.The refinancing provides GNL an immediate 35-basis point reduction in interest spread due to improved pricing, increased liquidity and an extended weighted average debt maturity, according to the company's statement.Greenberg Traurig represented GNL in negotiations and
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August 18, 2025 @ 07:14 AM
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The NFIB Small Business Optimism rose 1.7 points in July to 100.3, slightly above the 52-year average of 98. Contributing most to the rise in the Optimism Index were respondents reporting better business conditions and reporting that it is a good time to expand. In contrast to the Optimism Index, the Uncertainty Index increased by eight points from June to 97. Twenty-one percent of small business owners reported labor quality as their single most important problem, up five points from June and
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August 18, 2025 @ 07:10 AM
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Accord Financial amended its senior secured revolving credit facility, extending the maturity date to December 15, 2025.This amendment follows two recent short-term extensions: the first announced on July 25, 2025, and the second on August 8, 2025, which extended the maturity date to August 15, 2025. Under the new terms, the total commitment will be reduced from $260 million to $200 million. The amendment also incorporates milestones tied to potential asset sales (with net proceeds to be used to
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August 18, 2025 @ 07:00 AM
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Galaxy Digital, a global leader in digital assets and datacenter infrastructure, closed a $1.4 billion project financing facility ("Debt Facility") to support the continued development of its Helios datacenter campus in West Texas. The Debt Facility will fully fund the initial retrofit and expansion of Helios to deliver the first phase of power for AI and high-performance computing (HPC) operations under a long-term agreement with CoreWeave Inc."This financing marks a major milestone in our
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August 18, 2025 @ 06:00 AM
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Lulu’s Fashion Lounge Holdings entered into a Loan and Security Agreement with White Oak Commercial Finance as Administrative Agent, and the lenders party thereto (the “2025 Credit Agreement”). The 2025 Credit Agreement is comprised of an asset-based revolving credit facility with a $20 million commitment, a $5 million uncommitted accordion and a $1 million sublimit for letters of credit. The 2025 Credit Agreement matures on August 14, 2028. “We’re pleased to partner with White Oak on this
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August 15, 2025 @ 08:15 AM
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Ares Commercial Finance (“ACF”), serving as Administrative Agent, closed an asset-based financing in which Ares Management Credit funds and Great Rock Capital have provided a $150 million senior secured revolving line of credit to Fossil Group, Inc., a Richardson, Texas-based designer, manufacturer and distributor of watches and fashion accessories. Proceeds from the new credit facility will be used to support Fossil’s ongoing business transformation and support working capital needs.“Our goal
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August 15, 2025 @ 08:10 AM
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Crayhill Capital Management announced the launch of its Tax Equity Bridge Lending (TEBL) program as part of its expanded Pre-Construction Financing initiative, which is designed to help solar, wind, and battery developers accelerate project development schedules to meet stringent new federal tax credit requirements.Following the passage of the "One Big Beautiful Bill Act," solar, wind, and battery projects face unprecedented construction timeline pressures. Under new regulations, projects must
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August 15, 2025 @ 08:05 AM
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nFusion Capital provided a $5 million asset based lending facility to a leading manufacturer of custom finish millwork serving the restaurant, hospitality, retail, corporate, and healthcare industries worldwide. The financing helped support the refinancing of its existing debt facility and ongoing growth initiatives.Founded in 1950, the Company’s artisans, engineers, and builders combine old-world craftsmanship with next-generation technology to deliver precision work for high-profile projects
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August 15, 2025 @ 08:00 AM
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Despite rising costs, tariff tensions, and recession fears, America’s small businesses aren’t slowing down. According to Chase’s mid-year Small Business Leaders Outlook Pulse survey, industries like construction, health and medical services, and hospitality are pushing past uncertainty — expanding, adapting, and showing signs of strength across the economy.The survey findings reveal that the pressures are real – but so is small business resolve. Despite inflation, tariffs, and rising taxes
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August 15, 2025 @ 07:18 AM
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F.N.B Corp. announced that Frank Schiraldi has joined its banking subsidiary, First National Bank, as Director of Corporate Strategy.Reporting to Chief Strategy Officer Christopher Chan, Schiraldi leads a team responsible for executing growth strategies and developing strategic analysis and presentations to assist in guiding corporate decision-making and business operations in addition to other projects assigned to the group by FNB's CEO. The Corporate Strategy team analyzes business metrics and
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August 15, 2025 @ 07:04 AM
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