White Oak Commercial Finance (“WOCF”), an affiliate of White Oak Global Advisors, agented a $550 million asset-based revolving credit facility to Wilbur-Ellis Holdings II, LLC, (the “Company”) a leading privately-held family-owned company with a portfolio of businesses focused on retail, wholesale, and distribution into the North American agriculture supply chain. WOCF acted as the Sole Left Lead Arranger in the transaction, committing $200 million. In addition to WOCF, the ABL syndicate is
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Allbirds, a global lifestyle brand that innovates with sustainable materials to make better products in a better way, announced the following financing agreements that are expected to optimize working capital and enhance financial flexibility to support the Company's long-term growth plans.
A new $75 million asset-based revolving credit facility with Second Avenue Capital Partners, consisting of a $50 million tranche and a $25 million accordion feature. The new facility, which replaces the
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Global consulting firm J.S. Held announced the acquisition of MorrisAnderson, a market leader in financial restructuring and operational consulting. The acquisition further strengthens J.S. Held’s turnaround and restructuring, bankruptcy, transaction, and dispute advisory expertise that helps businesses overcome complex enterprise challenges and realize long-term, sustainable business value.Daniel F. Dooley, MorrisAnderson CEO, commenting on the transaction, shares, “Of the many benefits of the
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Monroe Capital, on behalf of its investment funds, announced it has led a $100 million minority equity investment in NFS Capital, LLC (“NFS”). Founded in 2006, NFS is a leading provider of flexible equipment financing and asset-backed loans to small and mid-sized businesses across the U.S. and Canada. Since inception, the company has deployed over $1.5 billion in leases and loans, building a diversified portfolio across a wide range of industries including manufacturing, healthcare, construction
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Mountain Ridge Capital (“MRC”) closed a $20 million senior secured credit facility for an Alabama-based manufacturer specializing in premium Class B1 recreational vehicles and outdoor lifestyle products. The facility will support the Company’s working capital needs and help drive its growth and operational initiatives. MRC distinguished itself from other lenders by delivering a swift and reliable closing process.“We are pleased and excited to have closed this opportunity and welcome the
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Great Rock Capital announced the third upsize of its investment-grade corporate note. The proceeds from this transaction will be used to support continued growth initiatives and further reinforce the strength of the firm’s balance sheet.“This new capital comes at an advantageous time,” said Stuart Armstrong, CEO of Great Rock Capital. “We've experienced strong growth, and this incremental availability will enable us to continue supporting middle market companies in need of liquidity across North
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WhiteHawk Capital Partners acted as lead and sole agent to provide a first-in, last-out (FILO) term loan to Family Dollar Stores, Inc. as part of a $1.5 billion asset-based facility, to finance its acquisition by Brigade Capital Management, LP and Macellum Capital Management, LLC. On July 7, 2025, the closing of this transaction marks Family Dollar’s transition to new ownership after it was acquired by Dollar Tree, Inc. in 2015. Family Dollar is a leading U.S. discount retailer with more than
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Clarus Capital increased its exposure to a sponsor-backed medical device manufacturer by $10 million. Financing proceeds replenished liquidity recently utilized to acquire machining centers installed across multiple locations to support long-term contracts with major OEMs.Clarus CEO Steve O’Leary stated, “Clarus’ sale leaseback facility, closed in under 30 days, included reimbursement for multiple precision manufacturing assets. This investment serves as a continuation of Clarus’ growing
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When a private equity-owned aerospace and defense manufacturer sought a financial lender to fuel its aggressive growth trajectory, it chose Republic Business Credit as its trusted partner. Republic provided a $3,500,000 Asset-Based loan (ABL) facility that empowered the company to capitalize on significant demand and accelerate its contributions to global security and defense initiatives.
The revolver portion of the facility provided availability across the company’s inventory and accounts
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ORIX Corporation USA (“ORIX USA”) and Hilco Global have entered into a definitive agreement under which ORIX USA will acquire a majority equity ownership of Hilco Global. The proposed transaction will accelerate ORIX USA’s growth by adding Hilco Global’s extensive valuation expertise, advisory platform, and asset-based lending investment capabilities to complement and expand ORIX USA’s middle-market focused credit platform. The proposed transaction will enable both firms to deepen execution
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Total bankruptcy filings were 276,126 during the first six months of 2025, a 10 percent increase from the 251,069 total filings during the same period a year ago, according to data provided by Epiq AACER, the leading provider of U.S. bankruptcy filing data. Total individual filings registered an 11 percent increase, as the 260,938 filings during the first half of 2025 were up from the 235,849 filings during the first six months of 2024. Individual chapter 7 filings climbed to 163,219 during the
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AST SpaceMobile, a company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial and government applications, announced the closing of a $100.0 million equipment financing facility led by Trinity Capital. This non-dilutive financing is designed to support AST SpaceMobile’s accelerated manufacturing and network deployment goals during 2025 and 2026.“This new non-dilutive financing enables AST SpaceMobile to
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eCapital Corp. appointed David Leonard as vice president, supply chain finance, within its commercial finance division. This addition reflects eCapital’s continued investment in scaling its supply chain finance platform and expanding its ability to deliver tailored capital solutions through a focused, enterprise-ready sales approach.Leonard, who joins following the recent addition of Jeff Butts as senior vice president, supply chain finance, brings more than 20 years of experience leading
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MidCap Business Credit completed an $18,000,000 million asset based credit facility to Jordan Manufacturing Company, a manufacturer of outdoor seating cushions headquartered in Monticello, IN. Additionally, the Company has developed an industrial paint filtration product and has recently entered into an exclusive manufacturing agreement with a wholesale supplier to the auto industry. The Company's primary customer base consists of discount department stores, home improvement stores, dollar
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The Equipment Leasing & Finance Association (ELFA) is celebrating the passage of the One Big Beautiful Bill, marking the permanent enactment of two long-standing priorities for the equipment finance industry: 100% expensing and Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA)-based interest deductibility. “These provisions are foundational to a healthy, competitive environment for business investment,” said ELFA President and CEO Leigh Lytle. “Making them permanent
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