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Week's News

Cross River Bank, a New Jersey State chartered FDIC-insured bank and Equal Housing Lender known for its Commercial Banking Group (CBG) and real estate lending platform, announced it has facilitated more than $1B in loans in the first half of 2025... Read Story

Filed Under: Banking News
August 29, 2025 @ 08:15 AM

eCapital arranged a $6 million asset-based lending facility to support the expansion and working capital needs of a growing distributor of stone and household fixtures in the southern United States.With a long-standing presence in the building... Read Story

Filed Under: Distribution
August 29, 2025 @ 08:08 AM

Arde Sahraeean recently joined SLR Business Credit as Vice President, Account Executive. With over 15 years of industry experience, Sahraeean brings a wealth of knowledge in Portfolio Management and Underwriting. Sahraeean has held key roles at Banc... Read Story

August 29, 2025 @ 08:00 AM

BlueLinx Holdings, a leading U.S. wholesale distributor of building products, has executed an agreement that provides the Company with a new five year, $350 million syndicated secured asset based revolving credit facility, with an option to increase... Read Story

Filed Under: Building Supplies
August 29, 2025 @ 07:58 AM

TPG Twin Brook recently served as administrative agent on debt financing to support: H.I.G. Capital’s recapitalization of Health-E Commerce, a leading e-commerce retailer exclusively focused on providing flexible spending account (FSA) and health... Read Story

August 29, 2025 @ 07:50 AM

NXT Capital closed a senior credit facility in support of Riata Capital Group’s acquisition of Coeo Solutions. NXT Capital acted as Sole Lead Arranger, Sole Bookrunner, and Administrative Agent on this transaction.“We are excited to partner with NXT... Read Story

Filed Under: Technology
August 29, 2025 @ 07:44 AM

Truist Financial announced that it has hired a new Tampa market president and appointed a longtime Orlando-based leader to a national sales role in Commercial Banking.Seasoned banker Ryan Booher joins Truist as market president for the Tampa Bay... Read Story

August 29, 2025 @ 07:27 AM

Needham Bank announced the promotion of James Daley from Director of the Bank's Structured Finance team to Executive Vice President, Director of Commercial and Industrial (C&I) Banking, which provides an array of financial tools and solutions to... Read Story

August 29, 2025 @ 07:06 AM

FTR’s Shippers Conditions Index for June fell to -3.6 as shippers faced their toughest market conditions in three years. A big element contributing to the decline was the spike in fuel prices due to the now-eased tensions with Iran. Fuel volatility... Read Story

Filed Under: Transportation
August 29, 2025 @ 07:00 AM

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... Read Story

Filed Under: Energy
August 28, 2025 @ 08:15 AM