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Second Avenue Capital Partners (SACP), the specialty finance affiliate of SB360 Holdings, announced a leadership transition as Chris O’Connor, President of SACP, retired effective May 31, 2025. O'Connor's leadership was key to the firm’s success and... Read Story

June 05, 2025 @ 08:00 AM

Hilco Global announced the appointment of two distinguished executives — Hon. Patrick J. Murphy as Chairman of the Hilco Global Geopolitical Unit and Alexander Niejelow as CEO of Hilco Global Cyber Advisors. These appointments mark the launch of two... Read Story

June 05, 2025 @ 07:58 AM

Webster Bank announced that Dan Gioia has joined the bank’s Asset Based Lending (ABL) division as Senior Managing Director, Third Party and Large Corporate ABL Origination. He will report to David Viggiano, SMD National Sales Leader ABL at Webster.... Read Story

June 05, 2025 @ 07:55 AM

MONTICELLOAM, a specialized multifamily and seniors housing bridge lending platform, along with a firm affiliate, announced the financing of a $71,200,000 floating-rate senior bridge loan for a multifamily community in Maryland. The financing was... Read Story

Filed Under: Real Estate
June 05, 2025 @ 07:50 AM

Bank of America has named Gabby Hodgson, Merrill market executive, as president of Bank of America Colorado. She succeeds Raju Patel who led the market for the past six years and continues as Global Commercial Banking market executive for Colorado.As... Read Story

June 05, 2025 @ 07:45 AM

Elevex Capital, an independent commercial equipment finance company, announced it has secured two distinct credit facilities from premier lending partners Wells Fargo and Woodforest National Bank. The capital unlocks Elevex's ability to execute on... Read Story

Filed Under: Lender Finance
June 05, 2025 @ 07:40 AM

TAB Bank provided a $2 million revolving asset-based line of credit for a Canadian medical supply chain financing and logistics company. The company opened a $2 million Certificate of Deposit (CD) at TAB Bank to serve as collateral on the loan. TAB... Read Story

Filed Under: Logistics
June 05, 2025 @ 07:35 AM

Moritt Hock & Hamroff, a New York-based commercial law firm, expanded their capabilities in South Florida when the attorneys from Saavedra Goodwin, a Fort Lauderdale-based boutique law firm focused on business litigation, real estate, and corporate... Read Story

Filed Under: Industry News
June 05, 2025 @ 07:32 AM

FGI Worldwide announced the hiring of Jennifer Zimmerman as Director of Client Onboarding and Success, FGI Tech. Ms. Zimmerman will lead worldwide client success efforts for TRUST™, FGI Tech’s credit insurance management software.Ms. Zimmerman has... Read Story

June 05, 2025 @ 07:30 AM

Commercial chapter 11 filings totaled 733 in May, an increase of 62 percent over the 453 filings in April, according to data provided by Epiq AACER, the leading provider of U.S. bankruptcy filing data. The overall May commercial filing total of 2,695... Read Story

Filed Under: Bankruptcy
June 04, 2025 @ 08:15 AM