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ABL Advisor News
USA Compression Partners entered into an Eighth Amended and Restated Credit Agreement effective August 27, 2025, extending the maturity of its senior secured asset-backed loan facility ("Amended ABL") until August 2030. The credit facility is led by J.P. Morgan and includes 20 financial institutions with a combined commitment of $1.750 billion. This represents an increase of $150 million from the prior ABL facility."We are pleased to extend and expand the Amended ABL, which has underpinned the
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August 28, 2025 @ 08:15 AM
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Wells Fargo released its inaugural Wells Fargo’s 2025 Supply Chain Report, From factory to checkout: The supply chain story you didn't know you were living. This report offers a timely and data-rich look at how tariffs, port delays, and cautious retail strategies are reshaping the supply chain — just as the holiday season approaches. Key Findings:
13% increase in goods financed from foreign suppliers through April 2025, as businesses raced to get ahead of tariff uncertainty
U.S. goods and
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August 28, 2025 @ 08:12 AM
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Churchill Asset Management, an investment specialist of Nuveen, announced the appointment of Michael Foley as Senior Managing Director, Head of Institutional. Foley will be responsible for leading Churchill’s institutional fundraising strategy, strengthening existing and building new client relationships globally. He will report to President & CEO Ken Kencel and sit on the firm’s Operating Committee. Foley will also assume the role of Co-Head of Institutional Business Development for Nuveen
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August 28, 2025 @ 08:10 AM
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Sallyport Commercial Finance funded a $4,000,000 accounts receivable facility for a leading industrial cleaning company. The client, referred to Sallyport by a consultant working with their bank, faced the pressing need to repay existing obligations while injecting fresh working capital to fuel growth. With their sights set on a turnaround, they needed a funding partner who could help them return to profitability and build a stronger, more sustainable business for the future. Where others
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August 28, 2025 @ 08:00 AM
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Alignment Credit, a provider of strategic credit solutions for growth and lower middle-market companies, acted as the sole lead arranger and administrative agent for a senior secured credit facility to REGO Restaurant Holdings IV, LLC to refinance previous debt facilities and provide capital for growth.Based out of Denver, REGO is a restaurant platform that is (i) the franchisor of Quiznos, a Denver based toasted sandwich QSR brand founded in 1981, (ii) the franchisor of Taco Del Mar, a fast
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August 28, 2025 @ 07:58 AM
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Comvest Credit Partners is acting as Administrative Agent and is the sole lender on a senior secured credit facility for Aspire General Holding Company, a Rancho Cucamonga, CA-based non-standard automobile (“NSA”) insurance platform. The investment supports the refinancing of Aspire’s existing debt, provides a dividend payment to owners, and helps fund the Company’s growth capital needs.Founded in 2013, Aspire offers automobile insurance throughout California, focusing on underserved and
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August 28, 2025 @ 07:49 AM
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Sterlington PLLC announced that Michael Gilligan, an exceptional corporate partner with more than 25 years of experience advising on complex transactions, has joined the firm in its Corporate practice. Gilligan’s arrival further strengthens Sterlington’s fast-growing corporate bench, bolstering its expertise across M&A, private equity transactions, and governance matters.“Michael is a trusted advisor who has spent his career helping boards and executives navigate their most critical deals,” said
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August 28, 2025 @ 07:00 AM
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Jones Day announced that Jeffrey Ruskin has joined the Firm as a Partner in its Real Estate Practice. He is based in the Firm’s New York Office.Ruskin represents private equity real estate funds, financial institutions, real estate investment trusts, family offices and real estate developers in a broad spectrum of real estate and real estate finance transactions. He has significant experience advising clients on the acquisition, disposition, financing, refinancing and development of real estate
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August 28, 2025 @ 06:00 AM
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Investment funds managed by Morgan Stanley Capital Partners (MSCP) announced they completed the sale of Clarity Software Solutions (Clarity or the Company), a leading provider of health plan member communication services, to mPulse. Financial details of the transaction were not disclosed.Headquartered in Madison, Connecticut, Clarity is a technology enabled provider of member multimodal communications and engagement solutions for health insurance providers, third party administrators and dental
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August 28, 2025 @ 05:00 AM
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Bow River Capital, a Denver-based alternative asset manager, has acquired the asset-based financing business of Dallas-based Park Cities Asset Management ("Park Cities"), an asset manager focused on providing capital solutions to the lower middle market.The acquisition expands Bow River's capabilities in private credit with the addition of a 12-person team and strategy focused on originating privately negotiated, non-traded loans typically with 2-3 year terms, targeting attractive yields in
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August 27, 2025 @ 08:12 AM
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Amerisource Business Capital closed a $7,500,000 senior credit facility for a cabinet door and components manufacturer. The proceeds were used to refinance the company’s existing bank debt and provide additional working capital to support growth initiatives.Grant Flamang, Market Manager for Amerisource Business Capital, commented, “The company was referred to us by a commercial bank seeking a financing partner to provide enhanced liquidity. Amerisource structured a senior secured facility backed
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August 27, 2025 @ 08:05 AM
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US Capital Global announced the appointment of Matthew M. Jensen as Vice President at the group’s Los Angeles and Newport Beach offices. Jensen will spearhead strategic initiatives focused on delivering customized financial solutions, including M&A advisory, debt and equity financing, and wealth and asset management services for clients nationwide.Headquartered in San Francisco with a global presence in major financial hubs such as Philadelphia, Miami, New York, London, Milan, Zurich, and Dubai
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August 27, 2025 @ 08:00 AM
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Runway Growth Capital announced the release of the 2024-2025 Venture Debt Review, produced in partnership with PitchBook. The annual report provides a comprehensive look at the evolving venture debt landscape, pairing PitchBook's proprietary market data with Runway's original survey of founders, investors, and lenders—offering a view into how stakeholders are using debt in today's market. The release of this year's report comes against the backdrop of an increasingly concentrated venture debt
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August 27, 2025 @ 07:56 AM
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Chicago Atlantic announced its role as sole arranger and administrative agent in the funding of a senior secured term loan for TrueRC Canada Inc. (“TrueRC”). Founded by Hugo Chamberland in 2014, TrueRC is at the forefront of drone antenna design and manufacturing.“TrueRC’s reputation has been built on delivering high-quality products for both hobbyists and commercial applications alike. From drone racing enthusiasts to professional UAV operators, their antennas have become the trusted standard
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August 27, 2025 @ 07:20 AM
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Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the investment in IMMEC LLC and IMMEC Machine & Welding LLC (together, “IMMEC”) by private equity sponsor CORE Industrial Partners.Founded in 2002 and headquartered in Social Circle, GA, IMMEC is a full-service provider of maintenance, retrofit, and renovation services, serving customers in transportation, government and municipal, food products, pulp and paper, and other
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August 27, 2025 @ 07:15 AM
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