Audax Private Debt announced that, as Administrative Agent and Sole Lead Arranger, it provided an incremental Second Lien Credit Facility to support add-on acquisitions by Metalmark Capital’s portfolio company, Innovetive Petcare, a leading operator...
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February 04, 2022, 07:00 AM
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Blank Rome added three partners to the firm’s national Corporate, M&A, and Securities group in New York: Leslie Marlow, Hank Gracin, and Patrick Egan. Widely known and respected for their work in corporate and securities law, the team also brings two...
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February 03, 2022, 08:05 AM
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Värde Partners and Hawkins Way Capital announced the recent purchase of 39 Dalton Street in the Back Bay neighborhood of downtown Boston, Massachusetts, from Host Hotels & Resorts. The 29-story, 1.1 million square foot property currently operates as...
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February 03, 2022, 08:00 AM
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BHI's Commercial Real Estate Group provided $33.15 million in acquisition and construction financing to 251 Front Street LLC, developed by CW Realty Group for the development of a new luxury rental complex in the Vinegar Hill section of...
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February 03, 2022, 07:00 AM
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Greystone arranged a $125 million loan on behalf of Blumenfeld Development Group (BDG) for The Smile, a 233-unit class-A multifamily project with ~25,000 square feet of commercial space leased to the Beth Israel Medical Center.The Greystone Capital...
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January 28, 2022, 07:09 AM
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Boston Financial & Equity recently closed a $3 million equipment lease line pari-passu with a partner.The company based in California, formed in May 2021, has raised a $20 million A round and is focused on the lithium ion battery manufacturing...
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January 27, 2022, 07:00 AM
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BHI's Commercial Real Estate Group provided $36 million in construction financing to EPIRE for the development of 144 First Street, the firm’s new condominium development located in the Powerhouse Arts District of Jersey City, New Jersey. Spanning...
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January 24, 2022, 07:00 AM
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John G. Marvar has joined the Cleveland office of McDonald Hopkins LLC, a business advisory and advocacy law firm, as an associate in the firm's Business Department, with a practice focus of Commercial Finance.Since law school, Marvar gained general...
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September 05, 2017, 08:00 AM
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NewStar Financial Inc., a specialized commercial finance company, announced today that its Board of Directors has authorized the repurchase of up to $30 million of the company’s common stock from time to time on the open market or in privately...
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December 12, 2016, 07:36 AM
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NewStar Financial Inc. announced that it has closed the NewStar Berkeley Fund CLO (the “Berkeley Fund” or the “Fund”), a $505 million middle-market CLO managed for qualified institutional investors. The Berkeley Fund is the fourth credit fund...
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December 01, 2016, 07:59 AM
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DS-Concept, a global commercial finance company specializing in non-recourse factoring and trade finance, has provided a Hong Kong-based apparel exporter with a $5 million export factoring facility. The client, who exports to brands such as Coach...
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November 29, 2016, 07:22 AM
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Asset quality and residual value reversion will loom over many consumer and commercial finance and leasing companies (FLCs) globally, underpinning Fitch's negative sector outlook for 2017. That said, manageable leverage across most issuers...
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November 15, 2016, 07:44 AM
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Breslin, Young & Slaughter, LLC, formerly Breslin & Young Financial Consultants, LLC (B&Y), celebrated its 15th year in business on October 1, 2016. BY&S is a boutique healthcare financial consulting firm that primarily assists healthcare lenders...
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October 13, 2016, 07:03 AM
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The Capital Garden has recently established an invoice factoring relationship with a 25 year old, San Francisco Bay Area based energy solutions company. The business offers a widespread line of energy products that cater to commercial, industrial and...
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September 27, 2016, 07:11 AM
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Business Capital has secured a $25 million revolving line of credit and $5 million in mezzanine financing for CPI Luxury Group (D.B.A. China Pearl), a leading distributor and designer of pearls and pearl-based jewelry. The company purchases...
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July 19, 2016, 07:41 AM
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Chiesa Shahinian & Giantomasi PC (“CSG”) announced that Frank Peretore has joined the firm as a member concentrating in the representation of secured creditors and lessors in the equipment leasing and asset based lending industry. Over the course of...
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July 06, 2016, 07:41 AM
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Union Bankshares Corporation announced the hiring of a team of commercial bankers and the opening of a loan production office in Charlotte, North Carolina. The team will operate as UBTNC Commercial Finance, a division of Union Bank & Trust of...
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June 06, 2016, 07:52 AM
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Wells Fargo Capital Finance announced on Apr. 19, the Wells Fargo Capital Finance team in the UK took home the 2016 Asset-based Lender of the Year award at the 15th Annual Private Equity Awards in London. Hosted by Real Deals, the awards dinner...
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April 20, 2016, 07:59 AM
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Lighthouse Financial provided a $3 million revolving line of credit and a $300,000 term loan to a TN based manufacturer of industrial and musical instrument wire. With over a 100-year history spanning four generations, the company is widely...
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March 14, 2016, 07:48 AM
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Liquid Capital Express, LLC a non-bank commercial financing company, launches an asset-based lending (ABL) program to meet businesses growing needs to have more financing options. Now companies can leverage the assets in their business to increase...
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February 26, 2016, 08:00 AM
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The Board of Directors of NewStar Financial Inc. has authorized an increase to NewStar’s existing stock repurchase program, which was originally authorized by the board in October 2015.The existing plan authorized the repurchase of up to $5.0 million...
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February 11, 2016, 08:04 AM
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Cogitativo – developers of the industry's first healthcare data science as a service platform, has completed a financing facility up to $7 million with Marble Bridge Funding Group, Inc."With this facility, we are able to accelerate our national...
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February 04, 2016, 07:56 AM
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Prestige Capital Corporation, a nationwide factoring firm servicing small and mid-sized businesses, announced they closed $18.7 million in new business transactions in late December 2015 and January 2016. “We had expected the typical holiday slowdown...
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February 02, 2016, 07:49 AM
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Business Capital has secured a growth capital facility for Le Boulanger, Inc., a premier family-owned bakery and café operator, offering a wide variety of award-winning breads, pastries and gourmet coffees. In addition to retail, the company also...
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January 15, 2016, 07:17 AM
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Allied Affiliated Funding announced the following recently closed transaction: $125,000 accounts receivable facility to a software provider for the healthcare industry. Historically self-funded, the company wanted the assurance of meeting payroll...
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December 23, 2015, 07:46 AM
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Bibby Financial Services announced the launch of a co-branded working capital solution alongside Houston-based commercial finance firm, Dominion Capital Management Corporation as part of the Government Contract Made Simple (GCMS) program. GCMS is...
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December 10, 2015, 08:03 AM
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Allied Affiliated Funding is pleased to announce the following recently closed transactions:
$3 million accounts receivable facility for a trucking company specializing in transporting all goods related to the wine industry including hauling...
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November 03, 2015, 07:27 AM
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Lighthouse Financial Corp. announced it has provided a $2 million revolving line of credit and a $150,000 term loan to a Tennessee based manufacturer of specialty textiles. Since 1982, the company has been manufacturing flame resistant, cut...
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November 03, 2015, 07:03 AM
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Allied Affiliated Funding announced the following recently closed transactions:
$100,000 accounts receivable facility for a start-up healthcare staffing company providing anesthesiologists and nurses to hospitals and surgical centers. This...
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October 20, 2015, 07:06 AM
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Business Capital has structured and secured a growth capital facility for Boboli International, LLC, a world renowned leading manufacturer of both sweet and savory frozen baked goods and specialty breads. Nationwide, their products are sold to many...
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October 05, 2015, 07:26 AM
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DS-Concept Factoring, a global commercial finance company specializing in international non-recourse factoring, has provided a $1 million export accounts receivable facility to a components manufacturer in Germany. The client, a manufacturer of...
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September 25, 2015, 07:22 AM
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TD Bank has named Andreas M. Hirsemann as Vice President, Business Development Officer in the SBA Lending Division in Braintree, Mass. A commercial finance specialist, he is responsible for expanding TD Bank’s SBA loan production, including SBA real...
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June 05, 2015, 07:25 AM
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Business Capital has secured a $5MM growth capital facility for Hortau, a SaaS/Ag platform and pioneer in designing and manufacturing technology-enabled soil monitoring and irrigation management systems for agricultural applications. Its patented...
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May 28, 2015, 07:54 AM
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Fast A/R Funding, a specialty finance company, announced that it has acquired Continental Business Credit (Continental), a 25 year-old privately held commercial finance company providing factoring and asset based lending to manufacturers, importers...
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May 08, 2015, 07:51 AM
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The company is a family owned, leading general engineering contractor providing services in the construction, agriculture and public works sectors. It operates one of the largest fleets of earthmoving equipment in the state of California and its...
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March 30, 2015, 07:38 AM
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NewStar Financial Inc., an internally-managed commercial finance company, announced that it completed a $496 million term debt securitization known as NewStar Commercial Loan Funding 2015-1. All floating rate classes of notes were priced at par and...
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March 24, 2015, 07:04 AM
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DS-Concept Factoring, a global commercial finance company specializing in international non-recourse factoring, has provided a $12 million export accounts receivable facility to a poultry exporter in Brazil. The client, who anticipates over $100...
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February 25, 2015, 07:18 AM
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SAIF Partners and Accion announced co-investments in Aye Finance, an India-based lender that will serve thousands of profitable micro, small, and medium enterprises (MSMEs), which are often locked out of both traditional microfinance and commercial...
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February 23, 2015, 07:57 AM
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Lighthouse Financial Corp. announced today that it has provided a $3.5 million revolving line of credit to a Florida based distributor of video, voice and data products. Founded in 1982, the company has grown to be a cohesive team of experienced...
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January 14, 2015, 07:11 AM
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Triumph Bancorp, Inc. announced that it had completed the redemption of all of the outstanding Fixed Rate Cumulative Perpetual Preferred Stock, Series T1 and Series T2 (the "TARP Preferred Stock") issued by its wholly-owned subsidiary, National...
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January 05, 2015, 07:19 AM
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GE Capital International has expanded its senior leadership team through the appointment of Henry Allen as Commercial & Growth Leader of the firm’s international business, encompassing all markets outside the Americas. The appointment is part of the...
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December 19, 2014, 08:06 AM
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NewStar Financial, a specialized commercial finance company, announced it served as lead arranger and administrative agent for senior credit facilities provided to Integro Ltd., a leading specialty insurance brokerage and risk management firm. The...
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December 11, 2014, 07:48 AM
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DS-Concept Factoring, a global commercial finance company specializing in international non-recourse factoring, has provided a $4 million export accounts receivable facility to a multinational shrimp exporter headquartered in Spain with facilities in...
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December 11, 2014, 07:11 AM
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First Capital, a specialized commercial finance company, announced that it has provided a $15 million asset-based senior credit facility to a manufacturer and distributor of household furnishings. The senior credit facility consists of a $15 million...
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November 19, 2014, 07:31 AM
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Amerisource Funding announced the closing and funding of a $1 million line of credit for a multi-state staffing agency operating throughout the Midwest. The company provides professional staffing services for the manufacturing, construction...
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November 19, 2014, 07:04 AM
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Salus Capital Partners, LLC, a private commercial finance and asset management company providing senior-secured asset-based loans to the middle market, announced that it was recognized as Lower Mid-Market Lender of the Year at the 2014 Americas M&A...
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November 18, 2014, 08:14 AM
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Amerisource Funding announced the closing and funding of a $2.5 million line of credit for a food distributor in Ohio. Proceeds of the credit facility were used to refinance the company’s existing bank debt and to provide additional working capital...
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November 06, 2014, 07:29 AM
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DS-Concept Factoring, Inc. announced it has provided a $3 million export accounts receivable facility to an apparel exporter in China as well as their US subsidiary. The client, who provides products to retailers and wholesalers in the United States...
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November 05, 2014, 06:53 AM
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First Capital, a specialized commercial finance company, announced that it has provided a $4 million asset-based senior credit facility to a provider of IT staffing personnel. The senior credit facility consists of a $4 million working capital...
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October 15, 2014, 07:42 AM
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Lighthouse Financial Corp. announced it has provided a $3.25 million line of credit to an Ohio-based distributor of beverages and snack foods. The company was founded in 2000 by three gentlemen to distribute a now widely successful energy drink in...
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October 09, 2014, 07:46 AM
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Amerisource Funding announced the closing and funding of a $500,000 line of credit for a digital marketing agency in Arizona, secured by accounts receivable. Proceeds of the facility were used to refinance indebtedness from a factoring company and to...
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October 08, 2014, 07:09 AM
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Crystal Financial LLC, an independent commercial finance company, announced the closing of a $30.0 million Senior Term Loan for Brake Parts Inc LLC (“BPI”). Headquartered in Illinois, BPI is a leading provider of brake parts and systems for the...
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September 03, 2014, 07:33 AM
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NewStar Financial Inc., a specialized commercial finance company, announced that its Board of Directors has authorized the repurchase of up to $10 million of the company's common stock from time to time on the open market or in privately negotiated...
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August 14, 2014, 07:18 AM
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Allied Affiliated Funding is pleased to announce the following recently closed transaction: A $7.5 million ledgered asset-based loan facility including a $250,000 inventory loan and a $500,000 equipment loan to a printing and direct mail company. The...
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August 04, 2014, 07:26 AM
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DS-Concept Factoring, Inc., a global commercial finance company specializing in international non-recourse factoring, has provided a $2.5 million export accounts receivable facility to an apparel distributor in California. The client, who provides...
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July 16, 2014, 07:04 AM
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DS-Concept Factoring, Inc., a global commercial finance company specializing in international non-recourse factoring, has provided a $2 million export accounts receivable facility to a suit manufacturer in Southeast Asia which provides private label...
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June 26, 2014, 07:32 AM
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Amerisource announced the closing and funding of a $500,000 credit facility for an oilfield drilling and construction services firm based in Minnesota. Amerisource was the perfect financing partner to execute on the quick turnaround required by this...
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June 24, 2014, 07:07 AM
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Balboa Capital announced the expansion of its small business loan division with new financing specialists, business loan coordinators and customer service representatives. Additionally, the company recently increased its lending capacity by securing...
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May 13, 2014, 07:03 AM
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Allied Affiliated Funding is pleased to announce the following recently closed transactions: An $8 million accounts receivable financing facility and $500,000 term loan for a Louisiana-based company providing low, medium, and maximum security...
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May 05, 2014, 09:11 AM
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Amerisource announced that it closed and funded a $2 million credit facility for a manufacturer of fire-resistant textiles and plastics based in North Carolina. Proceeds of the facility were used for ongoing working capital needs. The company’s...
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April 28, 2014, 07:28 AM
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Business Capital announced that Bridge Bank was the recipient of its first annual MVP (Most Valuable Partner) Award, established to recognize partners who have consistently demonstrated shared key attributes, the pursuit of excellence, and...
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March 12, 2014, 03:25 PM
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DS-Concept Factoring, provided a $20 million accounts receivable facility to a Dutch packaging manufacturer. As the client has operations in The Netherlands and United States and sells internationally, Euro, US Dollar, and GBP pound sterling...
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January 24, 2014, 07:16 AM
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MCG Capital entered into an unsecured revolving credit facility with Bank of America in the principal amount of $20 million.
The revolving credit facility has a two year revolving period and draws under the facility will be used to provide financing...
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November 27, 2012, 07:46 AM
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