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Nassau Financial Group and Golub Capital Announce Strategic Partnership
June 4, 2024Nassau Financial Group (“Nassau”), a leading provider of fixed annuities and asset management, and Golub Capital, a market-leading direct lender and experienced credit asset manager, today announced they have signed a definitive agreement to enter into a strategic partnership.
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WGA Releases Q2 2024 Bank Outlook
June 4, 2024Whalen Global Advisors LLC (WGA) has published the latest edition of The IRA Bank Book for Q2 2024. The quarterly outlook for the US banking industry features more than 30 Pages of charts and commentary about the financial condition of the sector. The highlights of the new report include:
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Legacy Corporate Lending Appoints Carlos Acedo as Vice President of Finance
June 4, 2024Legacy Corporate Lending, LLC (“Legacy”), an independent asset-based lending (ABL) company focused on serving the needs of middle market companies across North America, today announced that it has appointed Carlos Acedo as the Company’s Vice President of Finance. Mr. Acedo will report to Legacy Chief Executive Officer Clark Griffith and will play a key role in shaping the financial strategies of the company.
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J D Factors Provides $10,250,000 in New Factoring Facilities
June 3, 2024J D Factors provided $10,250,000 in new factoring facilities to 41 new clients in the US and Canada during the month of May.
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J D Factors Provides $10,250,000 in New Factoring Facilities
June 3, 2024J D Factors provided $10,250,000 in new factoring facilities to 41 new clients in the US and Canada during the month of May.
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J D Factors Provides $10,250,000 in New Factoring Facilities
June 3, 2024J D Factors provided $10,250,000 in new factoring facilities to 41 new clients in the US and Canada during the month of May.
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J D Factors Provides $10,250,000 in New Factoring Facilities
June 3, 2024J D Factors provided $10,250,000 in new factoring facilities to 41 new clients in the US and Canada during the month of May.
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J D Factors Provides $10,250,000 in New Factoring Facilities
June 3, 2024J D Factors provided $10,250,000 in new factoring facilities to 41 new clients in the US and Canada during the month of May.
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J D Factors Provides $10,250,000 in New Factoring Facilities
June 3, 2024J D Factors provided $10,250,000 in new factoring facilities to 41 new clients in the US and Canada during the month of May.
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J D Factors Provides $10,250,000 in New Factoring Facilities
June 3, 2024J D Factors provided $10,250,000 in new factoring facilities to 41 new clients in the US and Canada during the month of May.
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SFNet New Member Spotlight: Lenders Funding, LLC
June 3, 2024Since early 2000, our customized participation and lending programs allow our factors and ABL to service larger transactions than concentration limitations or capital allows.
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SunPower Announces $50 Million Draw on Previously Announced Second Lien Term Loan to Further Business Operations as Company Executes Business Plan
June 3, 2024Today, SunPower (NASDAQ:SPWR) announced it has drawn upon the $50 million second tranche of the $175 million second lien term loan from Sol Holding, LLC ("Sol Holding") that it announced in February 2024. Sol Holding, which is owned jointly by affiliates of TotalEnergies SE and Global Infrastructure Partners, is the majority owner of SunPower's common stock.
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Secure Announces Extension of Credit Facility
June 3, 2024SECURE Energy Services Inc. ("SECURE", the "Corporation") (TSX: SES) is pleased to announce it has entered into an amended and restated credit agreement for its $800 million Senior Secured Revolving Credit Facility ("Credit Facility"), extending the maturity until May 31, 2027.
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UMB Capital Finance Provides a $22,500,000 Credit Facility for the Recapitalization of a Food Processor in Texas
June 3, 2024UMB Capital Finance has announced the closing of a $22,500,000 senior credit facility for a Texas-based food processing business. The company was acquired in an all-equity transaction by a private investor group in late 2023.
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Mountain Ridge Capital Provides $30.8 Million Credit Facility to Wood Products Distribution Company
June 3, 2024Mountain Ridge Capital ("MRC") is pleased to announce the closing of a $30.8 million senior secured credit facility to a midwestern-based premier manufacturer and distributor of cabinet components and wood products for the Recreational Vehicle, cabinetry, and residential kitchen & bath industries.
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Stonebriar Commercial Finance Commits $300 Million Capital to Accelerated Mobile Power for Mobile Power Generation Asset Acquisition
June 3, 2024Stonebriar is pleased to announce a substantial capital commitment of $300 million to Accelerated Mobile Power ("AMP"), facilitating the acquisition of leading-edge low emissions mobile power generation assets. This strategic partnership underscores Stonebriar's dedication to driving economic growth and advancing technological innovation.
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Great Rock Capital Upsizes Corporate Note
June 3, 2024Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, is pleased to announce the recent upsize of its investment-grade corporate note financing.
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J D Factors Provides $10,250,000 in New Factoring Facilities
June 3, 2024J D Factors provided $10,250,000 in new factoring facilities to 41 new clients in the US and Canada during the month of May. Some of these facilities include: a $500,000 factoring facility for a transportation company in Pennsylvania; a $250,000 factoring facility for a packaging & warehouse company in Ontario; a $500,000 factoring facility for a transportation company in Colorado.
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Holland & Knight Grows Southern California Finance Practice With Additions of Paul Severin, Kristin Bacchus and Patricia Whitten
June 3, 2024Finance attorneys Paul Severin, Kristin Bacchus and Patricia Whitten have joined Holland & Knight’s nationally recognized Financial Services Practice Group in Los Angeles as partners. They were previously partners with Loeb & Loeb, where Mr. Severin recently served as Vice Chair of the firm.
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Air Industries Group Reports Amendment to Loan Agreement with Webster Bank
June 3, 2024Air Industries Group (“Air Industries”) (NYSE American: AIRI), a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors, today reported that it has reached an agreement with Webster Bank, its primary lender to amend the Company’s Current Credit Facility.
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Nassau Financial Group and Golub Capital Announce Strategic Partnership
June 4, 2024Nassau Financial Group (“Nassau”), a leading provider of fixed annuities and asset management, and Golub Capital, a market-leading direct lender and experienced credit asset manager, today announced they have signed a definitive agreement to enter into a strategic partnership.
-
WGA Releases Q2 2024 Bank Outlook
June 4, 2024Whalen Global Advisors LLC (WGA) has published the latest edition of The IRA Bank Book for Q2 2024. The quarterly outlook for the US banking industry features more than 30 Pages of charts and commentary about the financial condition of the sector. The highlights of the new report include:
-
Legacy Corporate Lending Appoints Carlos Acedo as Vice President of Finance
June 4, 2024Legacy Corporate Lending, LLC (“Legacy”), an independent asset-based lending (ABL) company focused on serving the needs of middle market companies across North America, today announced that it has appointed Carlos Acedo as the Company’s Vice President of Finance. Mr. Acedo will report to Legacy Chief Executive Officer Clark Griffith and will play a key role in shaping the financial strategies of the company.
-
J D Factors Provides $10,250,000 in New Factoring Facilities
June 3, 2024J D Factors provided $10,250,000 in new factoring facilities to 41 new clients in the US and Canada during the month of May.
-
J D Factors Provides $10,250,000 in New Factoring Facilities
June 3, 2024J D Factors provided $10,250,000 in new factoring facilities to 41 new clients in the US and Canada during the month of May.
-
J D Factors Provides $10,250,000 in New Factoring Facilities
June 3, 2024J D Factors provided $10,250,000 in new factoring facilities to 41 new clients in the US and Canada during the month of May.
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J D Factors Provides $10,250,000 in New Factoring Facilities
June 3, 2024J D Factors provided $10,250,000 in new factoring facilities to 41 new clients in the US and Canada during the month of May.
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J D Factors Provides $10,250,000 in New Factoring Facilities
June 3, 2024J D Factors provided $10,250,000 in new factoring facilities to 41 new clients in the US and Canada during the month of May.
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J D Factors Provides $10,250,000 in New Factoring Facilities
June 3, 2024J D Factors provided $10,250,000 in new factoring facilities to 41 new clients in the US and Canada during the month of May.
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J D Factors Provides $10,250,000 in New Factoring Facilities
June 3, 2024J D Factors provided $10,250,000 in new factoring facilities to 41 new clients in the US and Canada during the month of May.
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SFNet New Member Spotlight: Lenders Funding, LLC
June 3, 2024Since early 2000, our customized participation and lending programs allow our factors and ABL to service larger transactions than concentration limitations or capital allows.
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SunPower Announces $50 Million Draw on Previously Announced Second Lien Term Loan to Further Business Operations as Company Executes Business Plan
June 3, 2024Today, SunPower (NASDAQ:SPWR) announced it has drawn upon the $50 million second tranche of the $175 million second lien term loan from Sol Holding, LLC ("Sol Holding") that it announced in February 2024. Sol Holding, which is owned jointly by affiliates of TotalEnergies SE and Global Infrastructure Partners, is the majority owner of SunPower's common stock.
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Secure Announces Extension of Credit Facility
June 3, 2024SECURE Energy Services Inc. ("SECURE", the "Corporation") (TSX: SES) is pleased to announce it has entered into an amended and restated credit agreement for its $800 million Senior Secured Revolving Credit Facility ("Credit Facility"), extending the maturity until May 31, 2027.
-
UMB Capital Finance Provides a $22,500,000 Credit Facility for the Recapitalization of a Food Processor in Texas
June 3, 2024UMB Capital Finance has announced the closing of a $22,500,000 senior credit facility for a Texas-based food processing business. The company was acquired in an all-equity transaction by a private investor group in late 2023.
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Mountain Ridge Capital Provides $30.8 Million Credit Facility to Wood Products Distribution Company
June 3, 2024Mountain Ridge Capital ("MRC") is pleased to announce the closing of a $30.8 million senior secured credit facility to a midwestern-based premier manufacturer and distributor of cabinet components and wood products for the Recreational Vehicle, cabinetry, and residential kitchen & bath industries.
-
Stonebriar Commercial Finance Commits $300 Million Capital to Accelerated Mobile Power for Mobile Power Generation Asset Acquisition
June 3, 2024Stonebriar is pleased to announce a substantial capital commitment of $300 million to Accelerated Mobile Power ("AMP"), facilitating the acquisition of leading-edge low emissions mobile power generation assets. This strategic partnership underscores Stonebriar's dedication to driving economic growth and advancing technological innovation.
-
Great Rock Capital Upsizes Corporate Note
June 3, 2024Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, is pleased to announce the recent upsize of its investment-grade corporate note financing.
-
J D Factors Provides $10,250,000 in New Factoring Facilities
June 3, 2024J D Factors provided $10,250,000 in new factoring facilities to 41 new clients in the US and Canada during the month of May. Some of these facilities include: a $500,000 factoring facility for a transportation company in Pennsylvania; a $250,000 factoring facility for a packaging & warehouse company in Ontario; a $500,000 factoring facility for a transportation company in Colorado.
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Holland & Knight Grows Southern California Finance Practice With Additions of Paul Severin, Kristin Bacchus and Patricia Whitten
June 3, 2024Finance attorneys Paul Severin, Kristin Bacchus and Patricia Whitten have joined Holland & Knight’s nationally recognized Financial Services Practice Group in Los Angeles as partners. They were previously partners with Loeb & Loeb, where Mr. Severin recently served as Vice Chair of the firm.
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Air Industries Group Reports Amendment to Loan Agreement with Webster Bank
June 3, 2024Air Industries Group (“Air Industries”) (NYSE American: AIRI), a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors, today reported that it has reached an agreement with Webster Bank, its primary lender to amend the Company’s Current Credit Facility.