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Week's News

Truist Financial Corporation announced that Mark Cuccinello has joined the company as Head of Structured Credit, overseeing Asset-Based Lending, Working Capital Solutions, and Equipment Finance. In this role, Cuccinello will help advance Truist’s... Read Story

January 16, 2026 @ 08:00 AM

First Citizens BancShares announced that Lorie K. Rupp intends to retire as Executive Vice President and Chief Risk Officer, following an exemplary 13-year career at the bank and more than 30 years in the financial services industry. BancShares plans... Read Story

January 16, 2026 @ 07:56 AM

Horizon Technology Finance, an affiliate of Monroe Capital, provided a $50 million venture loan facility to Pelthos Therapeutics Inc. (“Pelthos”), with an initial funding of $30 million, and up to $20 million to support future growth.Pelthos is a... Read Story

Filed Under: Biopharmaceuticals
January 16, 2026 @ 07:52 AM

A new survey from Grant Thornton showed chief financial officers (CFOs) are responding to uncertainty by prioritizing investment in digital tools and automation and strengthening organizational agility to boost efficiency and unlock growth... Read Story

Filed Under: Industry News
January 16, 2026 @ 07:46 AM

Chicago Atlantic announced its role as sole arranger and administrative agent in the closing of a $16.5 million senior secured term loan for Ocular Science, Inc., an affiliate of OSRX, Inc. OSRX is a leading provider of compounded ophthalmic... Read Story

Filed Under: Biotechnology
January 16, 2026 @ 07:40 AM

Eastern Bank added Jarrad Herzog as a Senior Vice President, Asset-Based Lending Relationship Manager. Herzog brings more than a decade of experience financing middle market companies through a variety of lending solutions, including CommerciaI &... Read Story

January 16, 2026 @ 07:35 AM

New Mountain Capital, a leading growth-oriented alternative investment firm headquartered in New York, announced the $1.2 billion closing of its second non-control private equity fund, New Mountain Strategic Equity Fund II, L.P. and its related... Read Story

Filed Under: Private Equity
January 16, 2026 @ 07:30 AM

Alterra IOS, a prominent player in the industrial outdoor storage (“IOS”) sector that has acquired over 400 sites nationwide, today announced the closing of a $100 million fund-level revolving credit facility from BMO. The facility is structured to... Read Story

Filed Under: Storage
January 16, 2026 @ 07:30 AM

KORE Capital Corporation, a provider of accounts receivable–based working capital financing, announced that in Q4 2025 it extended a $3,000,000 facility to support an entrepreneur whose rapidly expanding subcontract with a major global professional... Read Story

Filed Under: Business Services
January 16, 2026 @ 07:00 AM

Fortress Investment Group announced that funds managed by its affiliates have provided a $150 million senior secured term loan to Leisure Time Products.Fortress served as agent, sole arranger and sole lender on the term loan financing, which will... Read Story

Filed Under: Manufacturing
January 15, 2026 @ 08:12 AM