White Oak Commercial Finance (“WOCF”), an affiliate of White Oak Global Advisors, agented and closed an asset-based revolving credit facility to partially fund the acquisition of Ste. Michelle Wine Estates, by the Wyckoff family, owner of diversified agribusinesses in Washington, Oregon, and Idaho.WOCF acted as the lender in the transaction, structuring the new asset-based credit facility to provide liquidity for the acquisition and give the new ownership the ongoing flexibility and capital
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December 19, 2025 @ 08:15 AM
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TAB Bank closed a $7 million asset-based lending facility, which includes a $2.5 million inventory subline and a $70,000 term loan, for Certified Flux Solutions LLC. The capital provided from this credit facility will allow Certified Flux Solutions to expand its operations, while furthering their core values of honesty, integrity, quality, consistency, and outstanding customer service.Headquartered in Morgantown, Kentucky, Certified Flux Solutions is a specialized manufacturer serving the
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December 19, 2025 @ 08:12 AM
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Pathward has appointed Lawrence (“Larry”) Ridgway as Managing Director, Business Development.? In this position, Ridgway is responsible for originating and structuring asset-based transactions to lower and middle-market companies throughout Illinois and the Chicagoland area. “Larry brings a wealth of experience and an established network to Pathward, and we are pleased to welcome him to our team. With his breadth of market knowledge paired with Pathward’s product offerings, we expect him to be
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December 19, 2025 @ 08:10 AM
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Treace Medical Concepts, a medical technology company driving a fundamental shift in the surgical treatment of bunions and related midfoot deformities, entered into a new five year $175 million senior secured loan arrangement with credit funds managed by SLR Capital Partners, consisting of $60 million in term loans funded at close, $65 million of additional term loan availability, and a $50 million revolving credit facility, each subject to certain conditions. Proceeds from the new term loan
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December 19, 2025 @ 08:10 AM
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Service Compression (SC), a leading provider of natural gas compression services to exploration and production companies, announced the successful upsize of its asset-based loan (ABL) credit facility to $400 million, representing a $100 million increase from the prior facility. The upsized facility closed on December 17, 2025, and is led by J.P. Morgan.The expanded facility enhances SC's financial flexibility to support continued fleet growth, invest in next-generation technologies, and meet
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December 19, 2025 @ 07:52 AM
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The Secured Finance Network (SFNet) released its Q3 2025 Asset-Based Lending Index and Lender Confidence Index, offering a snapshot of how the industry has remained strong despite tariff headwinds, a government shutdown, and private credit bankruptcies in the headlines.According to the Q3 survey, conducted between mid-October and early November, non-banks were a bit more optimistic than banks about industry conditions over the next quarter. For banks, the combined sentiment score edged three
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December 19, 2025 @ 07:47 AM
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nFusion Capital provided a $3 million factoring facility to a Utah-based commercial facility maintenance and snow removal services company. The financing will support the Company’s growth initiatives and customer acquisition strategy as it enters its peak winter season.Based in Utah, the Company provides year-round, one-stop services including snow and ice management, facility maintenance, and landscaping. Its diverse client base includes retailers such Ashley Furniture and Walmart, as well as
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December 19, 2025 @ 07:45 AM
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B. Riley Securities announced that Tim Monfort has joined as Senior Managing Director, based in the firm's New York office.Monfort brings more than two decades of experience as a senior investment banker and trusted advisor with a strong track record of originating, structuring, and executing capital markets and strategic financing solutions on behalf of corporate clients across sectors. He has led a broad range of transactions throughout his career, working closely with issuers to address
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December 19, 2025 @ 07:30 AM
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SLR Credit Solutions (“SLR CS”) closed a $100 million senior secured term loan for The Children’s Place, one of the only pure-play children’s specialty apparel retailers in North America. The term loan was made in concert with a $350 million revolving line of credit from Wells Fargo. The transaction further strengthens the Company’s liquidity position and supports its long-term strategic priorities. Proceeds from the transaction were used to repay borrowings under the Company’s revolving credit
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December 18, 2025 @ 08:15 AM
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Global consulting firm J.S. Held announced that James H. Aronoff has joined its Strategic Advisory team at the firm’s Wall Street, New York office. Commenting on the move to J.S. Held, Jim Aronoff shares, “This new chapter gives me the opportunity to work alongside a curated team of restructuring, turnaround, and operational performance improvement professionals.” In his new role, Aronoff will collaborate with 1,500+ colleagues across J.S. Held who bring diverse technical and financial expertise
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December 18, 2025 @ 08:12 AM
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Gordon Brothers has made a majority investment in the intellectual property of the iconic Rachel Zoe brand and its related consumer business.After first gaining worldwide recognition as an award-winning celebrity stylist, Rachel Zoe expanded her platform with an omni-channel media footprint that includes a long-running Bravo show The Rachel Zoe Project (2008-2013), two New York Times bestselling books and the editorial online style destination The Zoe Report. She currently stars on Real
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December 18, 2025 @ 08:03 AM
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Provident Bank, a leading New Jersey-based financial institution, announced the appointment of two executives and the promotion of two leaders, rounding out a year of growth and expansion. These latest strategic new hires and promotions further underscore Provident’s commitment to sustainable growth, continued investment in technology, an exceptional customer experience, and meaningful community impact. Below are details on each executive and their role within Provident.Satish Harikrishnan has
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December 18, 2025 @ 08:02 AM
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Lafayette Square provided a senior secured loan through its SSBIC investment vehicle to support the continued expansion of Prime IV Hydration and Wellness, Inc. ("Prime IV"), a Colorado Springs-based franchisor of IV therapy and related wellness services.Founded in 2017 by Amy Neary, Prime IV has grown into a national leader in IV hydration therapy, with 189 active locations across 40 states. The company offers customizable and safety-compliant IV drips designed to support recovery, stress
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December 18, 2025 @ 08:00 AM
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Bank of America has named Sherri Anderson, Consumer Investments region executive director for Southern California, as president of Bank of America Inland Empire. As president and head of the market, Sherri will connect clients, teammates, and communities to the full power of the company and drive integration across the bank’s eight lines of business. She will oversee the company’s efforts to grow market share by fostering local partnerships and create meaningful opportunities to develop
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December 18, 2025 @ 07:58 AM
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TD Bank announced that the bank will consolidate its Mid-South Metro segment into two newly defined regions, the Mid-Atlantic Metro and Southeast Metro, effective immediately. By integrating teams into these established regions, the bank can unify service models, accelerate decision-making, and deepen access to expertise that supports clients and communities where they need it most.The realignment also creates more opportunities for collaboration — by combining strengths within two
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December 18, 2025 @ 07:40 AM
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