Sallyport Commercial Finance, LLC announced its 10-year anniversary. The company stated: From our humble beginnings to becoming a trusted leader in alternative finance, this journey has been nothing short of extraordinary. We owe this success to our amazing team, our investors, introducers and of course, the wonderful business owners we work with.

With Beneficial Ownership Information (BOI) reporting requirements now in effect as part of the Corporate Transparency Act (CTA), Wolters Kluwer CT Corporation is responding to a range of questions submitted by businesses and individuals seeking clarity on “large operating company” exemptions. CT Corporation online BOI resources are helping address those queries to aid greater understanding of impacted organizations’ reporting obligations.

Eclipse Business Capital LLC (“EBC”) announced that it has provided a $101.2 million senior secured credit facility, consisting of an ABL revolving line of credit and term loan to an automotive parts manufacturer. The credit facility is secured by accounts receivable, inventory, and machinery & equipment.

Cahill Gordon & Reindel LLP announced today that Peter Williams will join the firm on July 15 as a partner in New York, where he will serve as Co-Head of its Private Credit practice.

Wingspire Capital provided a $60 million senior secured revolving credit facility to Comtech Telecommunications Corp. (Nasdaq: CMTL). The transaction was part of a broader $222 million credit facility that included a $162 million term loan agented by TCW Private Credit.

​Entrepreneur Growth Capital LLC (“EGC”) is pleased to announce the closing of a $2 million asset-based facility for a frozen seafood distributor. The facility provides availability against both accounts receivable, inventory and monthly recurring revenue (“MRR”).

J D Factors provided $8,625,000 in new factoring facilities to 37 new clients in the US and Canada during the month of June.

The Lion Electric Company (NYSE: LEV) (TSX: LEV) ("Lion" or the "Company"), a leading manufacturer of all-electric medium and heavy-duty urban vehicles, announced today that it has entered into amendments to certain of its senior credit instruments, namely (i) its senior revolving credit agreement entered into with a syndicate of lenders represented by National Bank of Canada, as administrative agent and collateral agent, and including Bank of Montreal and Federation des Caisses Desjardins du Québec

Amaroq Minerals Ltd. (AIM:AMRQ)(TSXV:AMRQ)(NASDAQ Iceland:AMRQ), an independent mine development company with a substantial land package of gold and strategic mineral assets in Southern Greenland, is pleased to announce that it has agreed heads of terms, subject to final documentation, with Landsbankinn for US$35 million in three Revolving Credit Facilities (the "Facilities"), securing a substantial increase and extension to its current debt facilities.

Archwest Capital (“Archwest” or the “Company”), a lender specializing in non-owner-occupied residential real estate loan solutions, today announced it has secured a significant growth investment from Bain Capital. Bain Capital and its affiliates will acquire a controlling stake in the Company, with management, led by Chief Executive Officer Shawn Miller, retaining a significant minority stake. Financial terms of the private investment were not disclosed.

US Capital Global, a leading global private financial group for the middle market, is excited to announce the appointment of Ahmed Eid as Vice President at its office in Dubai, UAE. Ahmed Eid brings a wealth of expertise and a distinguished track record in international finance, particularly in the Middle East markets, to his role at US Capital Global.

B. Riley Financial, Inc. (Nasdaq: RILY) (“B. Riley”) is pleased to congratulate Dan Daitchman, ASA, on his election as American Society of Appraisers’ Business Valuation Discipline Committee Member-At-Large for the 2024-2025 term.

Global law firm Greenberg Traurig, LLP has named Chadi Salloum head of the firm’s United Arab Emirates (UAE) Corporate Practice. Salloum will practice in the firm’s UAE and Kingdom of Saudi Arabia (KSA) locations.

Orrstown Financial Services, Inc. (NASDAQ: ORRF), the holding company for Orrstown Bank (“Orrstown”), and Codorus Valley Bancorp, Inc. (NASDAQ: CVLY), the holding company for PeoplesBank, A Codorus Valley Company (“Codorus Valley”), today announced the successful completion of their previously announced merger of equals creating a premier Pennsylvania and Maryland community bank.

Spruce Power Holding Corporation (NYSE: SPRU) (“Spruce” or the “Company”), a leading owner and operator of distributed solar energy assets across the United States, today announced that certain of its subsidiaries have closed on a $130 million non-recourse debt facility (the “New Debt Facility”) provided by Barings LLC (“Barings”).

The 987 total commercial chapter 11 bankruptcies filed during the first six months of 2024 represented a 70 percent increase over the 582 filed during the same period in 2023, according to data provided by Epiq AACER, the leading provider of U.S. bankruptcy filing data.

Briar Capital Real Estate Fund (www.BriarCapital.com) is pleased to announce the closing of a new $4MM commercial real estate loan in New York to a business providing warehousing and transportation services in the Northeast.

Davis Polk has announced that Aaron Ferner, Zachary Frimet, David Kennedy, Brett McMahon, Michael Senders and Aliza Slansky have been elected partners of the firm, effective July 1, 2024.

Resilience Insurance Analytics provides risk based and market-based advice with customized analysis to preserve the credit quality and longevity of commercial loans. We offer pre- and post-closing insurance review services to clients seeking comprehensive assessment of proposed insurance coverage and provide assistance securing and-or maintaining coverage.