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Anatomy of a Deal: Entrepreneurial
Oct 10, 2023Joseph Heim and Jamie Franz of Culain Capital illustrate a recent deal and how being creative is critical to victory.
-
Prominent Banking Partner Rejoins Latham & Watkins In New York
Latham & Watkins LLP is pleased to announce that Jennifer Ezring has rejoined the firm's New York office as a partner in the Banking Practice. Ezring has significant experience advising commercial and investment banks on leveraged finance and asset-based lending transactions.
-
Anatomy of a Deal: Participations
At Haversine Funding, we take pride in offering unique and flexible alternatives to our clients. The adaptability built into our DNA allows us to provide senior and junior lines of credit - exclusively to factors and lenders - ensuring we don’t compete with our clients. -
Anatomy of a Deal: Non-Bank ABL Solutions - Maximizing Availability and Flexibility
White Oak executives detail a complex deal that unlocked substantial liquidity for an asset-heavy borrower in a non-traditional ABL industry.
-
SFNet Announces Governance Boards Leadership
Oct 2, 2023The Secured Finance Network Executive Committee and Member Directors of SFNet have approved the FY24 SFNet Executive and Management Committee members. In addition, the Secured Finance Foundation Board and its Member Donors have approved the FY24 SFFound Board and Officers.
-
Peoples Financial Services Corp. and FNCB Bancorp, Inc. Announce Transformational Strategic Merger
Sep 28, 2023Peoples Financial Services Corp. ("Peoples") (Nasdaq: PFIS) and FNCB Bancorp, Inc. ("FNCB") (Nasdaq: FNCB) today announced they have entered into a definitive agreement under which Peoples and FNCB will combine in an all-stock strategic merger valued at approximately $129.0 million based on a 20-day volume.
-
Anatomy of a Deal: Distilling the Right Financial Solution for a Whiskey Business
Sep 26, 2023In 2020, companies across the globe experienced challenges that had previously only been hypothetical scenarios posed by business school professors. Fast forward to 2023: taking their learnings from the unprecedented events of 2020, businesses are exploring capital preservation and unique, flexible financial solutions that will support their company through the next economic challenge. Throughout this article, we will walk through how Wells Fargo completed a transaction for a new customer, working to find a solution suited to fit their needs in a unique and dynamic industry.
-
Tucows Inc. Announces New Credit Facility with Bank of Montreal
Sep 26, 2023Tucows Inc. (NASDAQ: TCX) (TSX: TC), a global company dedicated to making the internet better, is pleased to announce that on September 22, 2023, the company and its wholly owned subsidiaries entered into a new Credit Agreement with Bank of Montreal ("BMO") as administrative agent which provides for a revolving Credit Facility of up to $240 million.
-
Interview with eCapital’s CEO Marius Silvasan
Sep 25, 2023Marius Silvasan has built eCapital into a fast-growing financial technology firm through an ambitious and impactful M&A strategy. With the successful development of a proprietary technology-driven platform, eCapital is transforming financing for small-to mid-size companies. Under Silvasan’s leadership, eCapital has grown into a multi-disciplinary team of over 700 employees which, to date, has helped 30,000+ businesses garner more than $36 billion in financing to fuel their growth. -
SFNet Committee Spotlight: Convention Planning Committee
Sep 20, 2023This column highlights the hard work and dedication of SFNet committee volunteers.
Here we speak with Don Clarke, president, Asset Based Lending Consultants, and chair of SFNet’s Convention Planning Committee.
The Convention Planning Committee helps with the development of panels, speakers, venue selection and more for the SFNet’s largest attended event of the year, the Annual Convention.
-
Oxford Commercial Finance Now Offering Purchase Order Financing as Add-On to its Popular Accounts Receivable and Asset-Based Loans for Businesses
Sep 19, 2023Oxford Commercial Finance (OCF), a subsidiary of Oxford Bank ("the Company"), has expanded its line of flexible working capital solutions for small to medium-sized businesses (SMBs) with the addition of Purchase Order (PO) Financing as an add-on to the lender’s popular Accounts Receivable (AR) and Asset-Based Loans (ABL).
-
Enfusion Announces Closing of New $100 Million Credit Facility
Sep 19, 2023Enfusion, Inc. (“Enfusion”) (NYSE: ENFN), a leading provider of cloud-native software-as-a-service (SaaS) solutions for investment managers, announced today that on September 15, 2023, it entered into a new $100 million revolving credit facility. The lenders under the credit facility are primarily a syndicate of Enfusion’s relationship banks, including Bank of America, N.A.
-
Spotlight on SFNet's Diversity, Equity & Inclusiveness Committee: Interview with Jessica Sanchez
Sep 18, 2023Jessica Sanchez is currently the Director of Marketing and Communications at Access Capital, Inc., a New York-based commercial finance firm and the nation’s leading independent lender to the staffing industry. The firm provides working capital lines of credit from $500,000 to $25 million and term loans up to $5 million to clients to support their ongoing business and finance growth strategies, including M&A, strategic investments, and shareholder buyouts. -
Breakout Capital and 12Five Capital Join Forces to Create a Powerhouse in Small Business Lending
Sep 18, 2023Breakout Capital, a leading fintech company simplifying access to term loans for small businesses, is delighted to announce the successful merger of 12Five Capital, a Chicago-based commercial finance company with a focus on factoring, purchase order financing and asset-based lending. The merger, facilitated by Altriarch Commercial Finance, Inc., the new parent company of both Breakout and 12Five, establishes a strategic alliance with a day-one portfolio exceeding $80 million.
-
First Citizens Bank Provides $29 Million to Onicx Group to Refinance Florida Medical Office Buildings
Sep 14, 2023First Citizens Bank today announced that its Healthcare Finance business, part of the CIT division, provided $29 million to Onicx Group to refinance two medical office buildings located on the campuses of Florida Trinity Hospital and Poinciana Hospital in Florida.
-
Gordon Brothers Acquires Durkin Group Enhancing Services to Include Field Examinations
Sep 12, 2023Gordon Brothers, the global asset experts, acquired Durkin Group, a professional services firm that provides field examinations and diligence services to lenders, investors and operators in North America.
-
Rosenthal’s Southeast Office Closes Multiple Factoring and Asset-Based Lending Deals
Sep 11, 2023Rosenthal & Rosenthal, Inc., the leading factoring, asset-based lending, purchase order financing, d2c and e-commerce inventory financing firm in the United States, today announced the completion of several factoring and asset-based lending deals through its Southeast office.
-
Trinseo Announces Completion of Transaction to Refinance $660 Million 2024 Term Loan and $385 Million of 2025 Senior Notes
Sep 11, 2023Trinseo (“Trinseo” or “the Company”) (NYSE: TSE), a specialty material solutions provider, today announced that it has obtained $1.077 billion in aggregate principal amount of secured term loan financing (“New Term Loan Facility”) arranged by Angelo, Gordon & Co., L.P. (“Angelo Gordon”) and Oaktree Capital Management, L.P. (“Oaktree”), with funds managed by Angelo Gordon, Oaktree and Apollo Global Management, Inc. (“Apollo”) as lenders.
-
Vikram Savkar, General Manager for Compliance Solutions at Wolters Kluwer, Discusses his New Role
Sep 11, 2023In July, Wolters Kluwer announced Vikram Savkar was hired as general manager, Compliance Solutions. In this capacity, Savkar oversees a successful, growing business within Wolters Kluwer noted for its product innovation, technology advancements, and unparalleled domain expertise. The business is dedicated to helping financial institutions efficiently manage risk and regulatory compliance obligations while gaining the insights needed to focus on better serving their customers and growing their business. Here, he discusses his top priorities and goals in his new position and compliance concerns.
-
Tiger Group Hires Two Industry Veterans
Sep 8, 2023Tiger Group has expanded its offering for asset-based lenders by hiring two industry veterans with decades of combined experience in field examinations and related services. Veteran field examiners Kat Houser-Rodriguez and Steve Savage join Tiger’s Valuation Services division as senior managing directors.
-
Anatomy of a Deal: Entrepreneurial
Oct 10, 2023Joseph Heim and Jamie Franz of Culain Capital illustrate a recent deal and how being creative is critical to victory.
-
Prominent Banking Partner Rejoins Latham & Watkins In New York
Latham & Watkins LLP is pleased to announce that Jennifer Ezring has rejoined the firm's New York office as a partner in the Banking Practice. Ezring has significant experience advising commercial and investment banks on leveraged finance and asset-based lending transactions.
-
Anatomy of a Deal: Participations
At Haversine Funding, we take pride in offering unique and flexible alternatives to our clients. The adaptability built into our DNA allows us to provide senior and junior lines of credit - exclusively to factors and lenders - ensuring we don’t compete with our clients.
-
Anatomy of a Deal: Non-Bank ABL Solutions - Maximizing Availability and Flexibility
White Oak executives detail a complex deal that unlocked substantial liquidity for an asset-heavy borrower in a non-traditional ABL industry.
-
SFNet Announces Governance Boards Leadership
Oct 2, 2023The Secured Finance Network Executive Committee and Member Directors of SFNet have approved the FY24 SFNet Executive and Management Committee members. In addition, the Secured Finance Foundation Board and its Member Donors have approved the FY24 SFFound Board and Officers.
-
Peoples Financial Services Corp. and FNCB Bancorp, Inc. Announce Transformational Strategic Merger
Sep 28, 2023Peoples Financial Services Corp. ("Peoples") (Nasdaq: PFIS) and FNCB Bancorp, Inc. ("FNCB") (Nasdaq: FNCB) today announced they have entered into a definitive agreement under which Peoples and FNCB will combine in an all-stock strategic merger valued at approximately $129.0 million based on a 20-day volume.
-
Anatomy of a Deal: Distilling the Right Financial Solution for a Whiskey Business
Sep 26, 2023In 2020, companies across the globe experienced challenges that had previously only been hypothetical scenarios posed by business school professors. Fast forward to 2023: taking their learnings from the unprecedented events of 2020, businesses are exploring capital preservation and unique, flexible financial solutions that will support their company through the next economic challenge. Throughout this article, we will walk through how Wells Fargo completed a transaction for a new customer, working to find a solution suited to fit their needs in a unique and dynamic industry.
-
Tucows Inc. Announces New Credit Facility with Bank of Montreal
Sep 26, 2023Tucows Inc. (NASDAQ: TCX) (TSX: TC), a global company dedicated to making the internet better, is pleased to announce that on September 22, 2023, the company and its wholly owned subsidiaries entered into a new Credit Agreement with Bank of Montreal ("BMO") as administrative agent which provides for a revolving Credit Facility of up to $240 million.
-
Interview with eCapital’s CEO Marius Silvasan
Sep 25, 2023Marius Silvasan has built eCapital into a fast-growing financial technology firm through an ambitious and impactful M&A strategy. With the successful development of a proprietary technology-driven platform, eCapital is transforming financing for small-to mid-size companies. Under Silvasan’s leadership, eCapital has grown into a multi-disciplinary team of over 700 employees which, to date, has helped 30,000+ businesses garner more than $36 billion in financing to fuel their growth.
-
SFNet Committee Spotlight: Convention Planning Committee
Sep 20, 2023This column highlights the hard work and dedication of SFNet committee volunteers.
Here we speak with Don Clarke, president, Asset Based Lending Consultants, and chair of SFNet’s Convention Planning Committee.
The Convention Planning Committee helps with the development of panels, speakers, venue selection and more for the SFNet’s largest attended event of the year, the Annual Convention.
-
Oxford Commercial Finance Now Offering Purchase Order Financing as Add-On to its Popular Accounts Receivable and Asset-Based Loans for Businesses
Sep 19, 2023Oxford Commercial Finance (OCF), a subsidiary of Oxford Bank ("the Company"), has expanded its line of flexible working capital solutions for small to medium-sized businesses (SMBs) with the addition of Purchase Order (PO) Financing as an add-on to the lender’s popular Accounts Receivable (AR) and Asset-Based Loans (ABL).
-
Enfusion Announces Closing of New $100 Million Credit Facility
Sep 19, 2023Enfusion, Inc. (“Enfusion”) (NYSE: ENFN), a leading provider of cloud-native software-as-a-service (SaaS) solutions for investment managers, announced today that on September 15, 2023, it entered into a new $100 million revolving credit facility. The lenders under the credit facility are primarily a syndicate of Enfusion’s relationship banks, including Bank of America, N.A.
-
Spotlight on SFNet's Diversity, Equity & Inclusiveness Committee: Interview with Jessica Sanchez
Sep 18, 2023Jessica Sanchez is currently the Director of Marketing and Communications at Access Capital, Inc., a New York-based commercial finance firm and the nation’s leading independent lender to the staffing industry. The firm provides working capital lines of credit from $500,000 to $25 million and term loans up to $5 million to clients to support their ongoing business and finance growth strategies, including M&A, strategic investments, and shareholder buyouts.
-
Breakout Capital and 12Five Capital Join Forces to Create a Powerhouse in Small Business Lending
Sep 18, 2023Breakout Capital, a leading fintech company simplifying access to term loans for small businesses, is delighted to announce the successful merger of 12Five Capital, a Chicago-based commercial finance company with a focus on factoring, purchase order financing and asset-based lending. The merger, facilitated by Altriarch Commercial Finance, Inc., the new parent company of both Breakout and 12Five, establishes a strategic alliance with a day-one portfolio exceeding $80 million.
-
First Citizens Bank Provides $29 Million to Onicx Group to Refinance Florida Medical Office Buildings
Sep 14, 2023First Citizens Bank today announced that its Healthcare Finance business, part of the CIT division, provided $29 million to Onicx Group to refinance two medical office buildings located on the campuses of Florida Trinity Hospital and Poinciana Hospital in Florida.
-
Gordon Brothers Acquires Durkin Group Enhancing Services to Include Field Examinations
Sep 12, 2023Gordon Brothers, the global asset experts, acquired Durkin Group, a professional services firm that provides field examinations and diligence services to lenders, investors and operators in North America.
-
Rosenthal’s Southeast Office Closes Multiple Factoring and Asset-Based Lending Deals
Sep 11, 2023Rosenthal & Rosenthal, Inc., the leading factoring, asset-based lending, purchase order financing, d2c and e-commerce inventory financing firm in the United States, today announced the completion of several factoring and asset-based lending deals through its Southeast office.
-
Trinseo Announces Completion of Transaction to Refinance $660 Million 2024 Term Loan and $385 Million of 2025 Senior Notes
Sep 11, 2023Trinseo (“Trinseo” or “the Company”) (NYSE: TSE), a specialty material solutions provider, today announced that it has obtained $1.077 billion in aggregate principal amount of secured term loan financing (“New Term Loan Facility”) arranged by Angelo, Gordon & Co., L.P. (“Angelo Gordon”) and Oaktree Capital Management, L.P. (“Oaktree”), with funds managed by Angelo Gordon, Oaktree and Apollo Global Management, Inc. (“Apollo”) as lenders.
-
Vikram Savkar, General Manager for Compliance Solutions at Wolters Kluwer, Discusses his New Role
Sep 11, 2023
In July, Wolters Kluwer announced Vikram Savkar was hired as general manager, Compliance Solutions. In this capacity, Savkar oversees a successful, growing business within Wolters Kluwer noted for its product innovation, technology advancements, and unparalleled domain expertise. The business is dedicated to helping financial institutions efficiently manage risk and regulatory compliance obligations while gaining the insights needed to focus on better serving their customers and growing their business. Here, he discusses his top priorities and goals in his new position and compliance concerns.
-
Tiger Group Hires Two Industry Veterans
Sep 8, 2023Tiger Group has expanded its offering for asset-based lenders by hiring two industry veterans with decades of combined experience in field examinations and related services. Veteran field examiners Kat Houser-Rodriguez and Steve Savage join Tiger’s Valuation Services division as senior managing directors.
-
Anatomy of a Deal: Entrepreneurial
Oct 10, 2023Joseph Heim and Jamie Franz of Culain Capital illustrate a recent deal and how being creative is critical to victory.
-
Prominent Banking Partner Rejoins Latham & Watkins In New York
Latham & Watkins LLP is pleased to announce that Jennifer Ezring has rejoined the firm's New York office as a partner in the Banking Practice. Ezring has significant experience advising commercial and investment banks on leveraged finance and asset-based lending transactions.
-
Anatomy of a Deal: Participations
At Haversine Funding, we take pride in offering unique and flexible alternatives to our clients. The adaptability built into our DNA allows us to provide senior and junior lines of credit - exclusively to factors and lenders - ensuring we don’t compete with our clients.
-
Anatomy of a Deal: Non-Bank ABL Solutions - Maximizing Availability and Flexibility
White Oak executives detail a complex deal that unlocked substantial liquidity for an asset-heavy borrower in a non-traditional ABL industry.
-
SFNet Announces Governance Boards Leadership
Oct 2, 2023The Secured Finance Network Executive Committee and Member Directors of SFNet have approved the FY24 SFNet Executive and Management Committee members. In addition, the Secured Finance Foundation Board and its Member Donors have approved the FY24 SFFound Board and Officers.
-
Peoples Financial Services Corp. and FNCB Bancorp, Inc. Announce Transformational Strategic Merger
Sep 28, 2023Peoples Financial Services Corp. ("Peoples") (Nasdaq: PFIS) and FNCB Bancorp, Inc. ("FNCB") (Nasdaq: FNCB) today announced they have entered into a definitive agreement under which Peoples and FNCB will combine in an all-stock strategic merger valued at approximately $129.0 million based on a 20-day volume.
-
Anatomy of a Deal: Distilling the Right Financial Solution for a Whiskey Business
Sep 26, 2023In 2020, companies across the globe experienced challenges that had previously only been hypothetical scenarios posed by business school professors. Fast forward to 2023: taking their learnings from the unprecedented events of 2020, businesses are exploring capital preservation and unique, flexible financial solutions that will support their company through the next economic challenge. Throughout this article, we will walk through how Wells Fargo completed a transaction for a new customer, working to find a solution suited to fit their needs in a unique and dynamic industry.
-
Tucows Inc. Announces New Credit Facility with Bank of Montreal
Sep 26, 2023Tucows Inc. (NASDAQ: TCX) (TSX: TC), a global company dedicated to making the internet better, is pleased to announce that on September 22, 2023, the company and its wholly owned subsidiaries entered into a new Credit Agreement with Bank of Montreal ("BMO") as administrative agent which provides for a revolving Credit Facility of up to $240 million.
-
Interview with eCapital’s CEO Marius Silvasan
Sep 25, 2023Marius Silvasan has built eCapital into a fast-growing financial technology firm through an ambitious and impactful M&A strategy. With the successful development of a proprietary technology-driven platform, eCapital is transforming financing for small-to mid-size companies. Under Silvasan’s leadership, eCapital has grown into a multi-disciplinary team of over 700 employees which, to date, has helped 30,000+ businesses garner more than $36 billion in financing to fuel their growth.
-
SFNet Committee Spotlight: Convention Planning Committee
Sep 20, 2023This column highlights the hard work and dedication of SFNet committee volunteers.
Here we speak with Don Clarke, president, Asset Based Lending Consultants, and chair of SFNet’s Convention Planning Committee.
The Convention Planning Committee helps with the development of panels, speakers, venue selection and more for the SFNet’s largest attended event of the year, the Annual Convention.
-
Oxford Commercial Finance Now Offering Purchase Order Financing as Add-On to its Popular Accounts Receivable and Asset-Based Loans for Businesses
Sep 19, 2023Oxford Commercial Finance (OCF), a subsidiary of Oxford Bank ("the Company"), has expanded its line of flexible working capital solutions for small to medium-sized businesses (SMBs) with the addition of Purchase Order (PO) Financing as an add-on to the lender’s popular Accounts Receivable (AR) and Asset-Based Loans (ABL).
-
Enfusion Announces Closing of New $100 Million Credit Facility
Sep 19, 2023Enfusion, Inc. (“Enfusion”) (NYSE: ENFN), a leading provider of cloud-native software-as-a-service (SaaS) solutions for investment managers, announced today that on September 15, 2023, it entered into a new $100 million revolving credit facility. The lenders under the credit facility are primarily a syndicate of Enfusion’s relationship banks, including Bank of America, N.A.
-
Spotlight on SFNet's Diversity, Equity & Inclusiveness Committee: Interview with Jessica Sanchez
Sep 18, 2023Jessica Sanchez is currently the Director of Marketing and Communications at Access Capital, Inc., a New York-based commercial finance firm and the nation’s leading independent lender to the staffing industry. The firm provides working capital lines of credit from $500,000 to $25 million and term loans up to $5 million to clients to support their ongoing business and finance growth strategies, including M&A, strategic investments, and shareholder buyouts.
-
Breakout Capital and 12Five Capital Join Forces to Create a Powerhouse in Small Business Lending
Sep 18, 2023Breakout Capital, a leading fintech company simplifying access to term loans for small businesses, is delighted to announce the successful merger of 12Five Capital, a Chicago-based commercial finance company with a focus on factoring, purchase order financing and asset-based lending. The merger, facilitated by Altriarch Commercial Finance, Inc., the new parent company of both Breakout and 12Five, establishes a strategic alliance with a day-one portfolio exceeding $80 million.
-
First Citizens Bank Provides $29 Million to Onicx Group to Refinance Florida Medical Office Buildings
Sep 14, 2023First Citizens Bank today announced that its Healthcare Finance business, part of the CIT division, provided $29 million to Onicx Group to refinance two medical office buildings located on the campuses of Florida Trinity Hospital and Poinciana Hospital in Florida.
-
Gordon Brothers Acquires Durkin Group Enhancing Services to Include Field Examinations
Sep 12, 2023Gordon Brothers, the global asset experts, acquired Durkin Group, a professional services firm that provides field examinations and diligence services to lenders, investors and operators in North America.
-
Rosenthal’s Southeast Office Closes Multiple Factoring and Asset-Based Lending Deals
Sep 11, 2023Rosenthal & Rosenthal, Inc., the leading factoring, asset-based lending, purchase order financing, d2c and e-commerce inventory financing firm in the United States, today announced the completion of several factoring and asset-based lending deals through its Southeast office.
-
Trinseo Announces Completion of Transaction to Refinance $660 Million 2024 Term Loan and $385 Million of 2025 Senior Notes
Sep 11, 2023Trinseo (“Trinseo” or “the Company”) (NYSE: TSE), a specialty material solutions provider, today announced that it has obtained $1.077 billion in aggregate principal amount of secured term loan financing (“New Term Loan Facility”) arranged by Angelo, Gordon & Co., L.P. (“Angelo Gordon”) and Oaktree Capital Management, L.P. (“Oaktree”), with funds managed by Angelo Gordon, Oaktree and Apollo Global Management, Inc. (“Apollo”) as lenders.
-
Vikram Savkar, General Manager for Compliance Solutions at Wolters Kluwer, Discusses his New Role
Sep 11, 2023
In July, Wolters Kluwer announced Vikram Savkar was hired as general manager, Compliance Solutions. In this capacity, Savkar oversees a successful, growing business within Wolters Kluwer noted for its product innovation, technology advancements, and unparalleled domain expertise. The business is dedicated to helping financial institutions efficiently manage risk and regulatory compliance obligations while gaining the insights needed to focus on better serving their customers and growing their business. Here, he discusses his top priorities and goals in his new position and compliance concerns.
-
Tiger Group Hires Two Industry Veterans
Sep 8, 2023Tiger Group has expanded its offering for asset-based lenders by hiring two industry veterans with decades of combined experience in field examinations and related services. Veteran field examiners Kat Houser-Rodriguez and Steve Savage join Tiger’s Valuation Services division as senior managing directors.