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Week's News

Huntington National Bank has expanded its Huntington Business Credit team with the addition of a Washington, D.C.-based group focused on asset-based lending in the healthcare industry. Huntington Business Credit provides companies with working... Read Story

December 01, 2023 @ 08:06 AM

Fifth Third has been named “Bank of the Year” for the U.S. 2023 by The Banker. This annual award program recognizes industry-wide excellence within the global banking community.“Congratulations to Fifth Third Bank for outshining the competition to... Read Story

Filed Under: Banking News
December 01, 2023 @ 08:02 AM

nFusion Capital provided a $7 million asset-based line of credit to Land & Sea Industries, LLC, a full-service Heavy Metal Fabrication and Manufacturing Solutions Company located in Texas. They provide a wide range of services, including commercial... Read Story

Filed Under: Manufacturing
December 01, 2023 @ 08:02 AM

Exectras, a provider for SMBs seeking everyday business services, including merchant services, payroll, health insurance and workers’ compensation, completed a debt financing from Tacora Capital for up to $30 million. The funding will be used for... Read Story

Filed Under: Business Services
December 01, 2023 @ 08:01 AM

First Citizens Bank's Asset-Based Lending business, part of the bank’s Commercial Finance group, served as co-collateral agent on $75 million in financing for branded consumer products company Turning Point Brands Inc.Based in Louisville, Kentucky... Read Story

Filed Under: Consumer Products
December 01, 2023 @ 08:00 AM

Golub Capital announced that Amy Chiang has joined as Managing Director, Greater China and Southeast Asia and will be based in the Firm’s newly-opened Hong Kong office. In her new role, she will be dedicated to building and strengthening... Read Story

Filed Under:
December 01, 2023 @ 07:36 AM

Cadence Bank closed the previously disclosed sale of its insurance operations, Cadence Insurance, Inc., to Arthur J. Gallagher & Co. for $904 million in cash, subject to customary purchase price adjustments. The transaction strategically positions... Read Story

Filed Under: Banking News
December 01, 2023 @ 07:09 AM

B. Riley Securities served as sell-side M&A advisor to Heart & Vascular Center of Arizona P.C. (“HVCA”), a leading independent cardiovascular physician practice, in connection with its sale to Cardiovascular Associates of America.B. Riley Securities’... Read Story

Filed Under: Healthcare
December 01, 2023 @ 07:00 AM

Brown Rudnick announced that Peter Farrell has joined its Washington, D.C., office as a partner in the Tax group. Farrell’s practice focuses on corporate tax, income tax planning, international tax, spin-offs and mergers and acquisitions. He brings... Read Story

December 01, 2023 @ 06:00 AM

Grindr, the world’s largest social network for the LGBTQ community, completed a refinancing via a new $300 million Term Loan A facility and a $50 million Revolving Credit facility. The joint lead arrangers of the transaction are J.P. Morgan, Bank of... Read Story

Filed Under: Specialty Industries
November 30, 2023 @ 08:10 AM