TAB Bank closed a $30 million asset-based lending (ABL) facility with Artur Express, a nationwide transportation and logistics company based in Missouri. TAB Bank provided $15 million in funding for the facility, with an additional $15 million through participations. This capital will allow Artur Express to drive growth, furthering its commitment and intense focus on taking care of their drivers and giving them everything they need to perform well for their clients.Artur Express began operations
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October 31, 2025 @ 08:17 AM
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America’s Car-Mart closed a new five-year, $300 million funded term loan facility provided by funds managed by Silver Point Capital, L.P.In connection with this transaction, the Company fully repaid the outstanding balance under its asset-backed line of credit (ABL), simplifying its balance sheet and creating a more flexible and scalable capital structure to support long-term growth opportunities and general corporate purposes.The new term loan matures on October 30, 2030, and bears interest at
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October 31, 2025 @ 08:15 AM
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MidCap Financial announced that Jack Penzi has joined as Managing Director of Originations for the ABL Team. Penzi will be based in New York City and will originate and underwrite Revolver and Term Loan credit facilities from $10MM to $500MM for the ABL strategies at MidCap Financial.Penzi joins MidCap Financial with more than 10 years of experience in the financial services industry. Most recently, Penzi completed a six-month rotation as a Senior Vice President and Managing Director at Capteris
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October 31, 2025 @ 08:10 AM
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SSG Capital Advisors served as the investment banker to Hometeam Technologies, Inc. d/b/a Vesta Healthcare (“Vesta” or the “Company”) in the sale of its clinical services business to an affiliate of Essen Health Care (“Essen”). The transaction closed in October 2025.Founded in 2018, the Company’s clinical business provides technology-enabled in-home healthcare to seniors and high-risk populations. Through its integrated clinical platform, the Company combines 24/7 telehealth support, remote
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October 31, 2025 @ 08:05 AM
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Flow Traders Ltd., a leading global trading firm providing liquidity in multiple asset classes across all major exchanges, closed on a $200 million private credit facility (PCF) and a $75 million revolving credit facility (RCF), co-led by leading global asset managers Benefit Street Partners and Stone Point Credit.The interest rate on the PCF is SOFR + 500 basis points and would decrease to SOFR + 450 basis points if the trading capital to net debt ratio increases above a certain threshold. The
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October 31, 2025 @ 07:50 AM
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First Citizens Wealth announced the appointment of Erin McCaskill as Director and Atlanta Market Leader. Based in Atlanta, she reports to Ethan Van Eck, Senior Director of Regional Wealth, and will lead a First Citizens team of wealth consultants.
McCaskill is responsible for growing a high-caliber team serving the needs of high-net-worth individuals and families; businesses and corporations; entrepreneurs, founders, investors and nonprofits in the metro Atlanta area. Under her leadership
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October 31, 2025 @ 07:50 AM
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Flatiron Energy closed on an expansion of its existing $125 million credit facility closed in 2024 with certain funds and accounts managed by HPS Investment Partners (“HPS”), bringing the total facility size to $250 million. The Company will utilize the Credit Facility for development and construction expenses associated with its development and under-construction portfolio of approximately 4.5GW / 18 GWh of utility-scale battery storage assets.In addition, Flatiron’s existing equity capital
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October 31, 2025 @ 07:23 AM
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The U.S. truck freight market reversed its brief Q2 improvement in the third quarter of 2025, with national shipment volumes contracting 2.9%, according to the latest U.S. Bank Freight Payment Index. Meanwhile, shipper spending managed to increase for second consecutive quarter.“Shippers paid more to move less freight in the third quarter—a clear signal that industry capacity is exiting. While higher fuel prices played a role, it doesn’t fully explain the increase in spending,” said Bobby
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October 31, 2025 @ 07:00 AM
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Gordon Brothers is bolstering the firm’s market presence and has welcomed Brian Wright as Managing Director, Lending Client Coverage & Origination.In this role, Wright will propel the lending business and origination efforts across the entire Gordon Brothers’ platform delivering tailored, end-to-end solutions for clients.“As the current leaders in unique asset based lending, we continue to bolster our industry depth, and Brian’s impressive tenure in commercial banking, expertise, and wealth of
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October 30, 2025 @ 08:15 AM
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Apollo and 8VC announced a strategic partnership to accelerate the American Industrial Renaissance through flexible capital solutions tailored to high-growth companies. Through this collaboration, Apollo and 8VC intend to deploy several billion dollars to support the work of technology companies in advanced manufacturing, aerospace, energy, life sciences, logistics and natural resources.The initiative is designed to support high-growth, capital-intensive businesses that are building large-scale
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October 30, 2025 @ 08:12 AM
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Republic Business Credit provided a $5 million factoring facility to support the growth of a fleet management services company. The Company was recently acquired by a private equity sponsor that partnered with Republic Business Credit for their roll-up strategy. Republic’s financing will support the Company’s ambitious growth goals with an option to scale with future add-on acquisitions.The fleet management services company boasts a long, storied history. It continues to lead the evolution in
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October 30, 2025 @ 08:02 AM
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Mountain Ridge Capital ("MRC") closed a $25 million senior secured credit facility to a better-for-you food platform. The MRC facility was used to refinance existing senior debt and will be utilized for working capital purposes and to achieve growth/operational objectives. MRC provided a revolving facility that leveraged both working capital and fixed assets to help provide the liquidity to help accommodate the borrower’s rapid growth trajectory.MRC’s Managing Director Jay Fabian commented
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October 30, 2025 @ 08:00 AM
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Monroe Capital led the debt financing and made an equity co-investment to support the acquisition of Harvey Vogel Manufacturing Co., (“Harvey Vogel”), a metal fabrication platform, by Westbourne Capital Partners LLC (“Westbourne”).Harvey Vogel is a leading high-precision stamper and fabricator of metal components and assemblies, specializing in hard-to-produce, tight tolerance, appearance-focused parts. The company primarily serves the aerospace and defense, medical, and industrial markets, and
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October 30, 2025 @ 07:49 AM
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nFusion Capital provided a $2 million factoring facility to a civil engineering contractor operating in Texas and Louisiana. The flexible financing will provide liquidity to support the company’s expansion into high-profile contracts and infrastructure development. Established in 2019, the Company specializes in electrical services and pipework for natural gas pipelines. With a reputation for reliability and technical expertise in infrastructure projects, the Company has a growing portfolio that
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October 30, 2025 @ 07:14 AM
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Stratton Capital Group, a San Francisco–based private lender specializing in commercial and multifamily real estate financing, announced the onboarding of new institutional and private capital partners to support its expanding lending platform and national growth strategy.The new investor relationships significantly increase Stratton Capital Group’s lending capacity, allowing the firm to fund a wider range of bridge, construction, and permanent loan opportunities across diverse real estate
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October 30, 2025 @ 07:00 AM
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