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Week's News

Ares Commercial Finance (“ACF”) announced that Mitch Drucker has joined as a Partner. Drucker will be a part of the ACF leadership team comprised of Mitch Goldstein, Ryan Cascade, John Nooney and Oleh Szczupak. He will also sit on the Investment... Read Story

May 26, 2020 @ 09:25 AM

According to a Reuters report, Macy’s is planning to raise $1.1 billion in a bond offering, backed by a first mortgage on some of its properties, to repay funds borrowed under a revolving credit facility.According to the Reuters report, Macy's drew... Read Story

Filed Under: Retail
May 26, 2020 @ 09:19 AM

Bank Hapoalim announced the appointment of Gil Karni as CEO of BHI USA, the bank's operations in the United States.Karni has nearly three decades of extensive executive, corporate and commercial banking experience with Bank Leumi, serving most... Read Story

May 26, 2020 @ 09:15 AM

ABL Advisor released a new video interview featuring Robert Katz, Managing Director, EisnerAmper. In this exclusive interview, Katz discusses the benefits and potentially significant risks for borrowers participating in the Paycheck Protection... Read Story

Filed Under: Industry News
May 26, 2020 @ 09:10 AM

MGG Investment Group, LP (“MGG”), a leading private direct lending investment firm, announced that Eran Cohen, former Managing Director on the loan originations team at Wells Fargo Capital Finance, has joined the firm as a Managing Director. Cohen is... Read Story

May 26, 2020 @ 09:00 AM

The RSM US Middle Market Business Index (MMBI), presented by RSM US LLP (“RSM”) in partnership with the U.S. Chamber of Commerce, dramatically decreased by more than 21 points to 88.4 in the second quarter 2020, capturing the severe shocks to the... Read Story

Filed Under: Economy
May 22, 2020 @ 09:10 AM

Gordon Brothers, the global advisory, restructuring, and investment firm, announced today that it has provided a $20 million secured term loan facility to Brooks Brothers Group, Inc, the prototypical American apparel retailer headquartered in New... Read Story

Filed Under: Industry News
May 22, 2020 @ 09:05 AM

Hilco Global has issued a timely report on the present state of the craft beer industry, the outlook for existing brewers emerging from the current crisis, and how these  dynamics may create certain opportunities for new entrants to the... Read Story

Filed Under: Brewery
May 22, 2020 @ 09:00 AM

LQD Business Finance, a leading tech-enabled commercial lender, has launched a new Managed Services Platform for processing PPP Loan Forgiveness Applications. Using data integration and automation, LQD Finance’s Managed Services Platform largely... Read Story

Filed Under: Industry News
May 22, 2020 @ 08:55 AM

MarineMax, Inc., the nation’s largest recreational boat and yacht retailer, announced that it has amended its $440 million credit facility, which provides MarineMax with greater financial capacity by increasing its liquidity and extending the term.... Read Story

Filed Under: Marine
May 22, 2020 @ 08:00 AM