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Hedaya Provides $5 Million Factoring Line to a Home Textiles Company
May 8, 2024The Hedaya Capital Group provided a $5 million factoring line to a home textiles vertical mill business. Headquartered in New York and operating for over 20 years, the textile company in partnership with an overseas manufacturer specializes in bedding and sells to major retailers such as Macy’s, HomeGoods and T.J. Maxx.
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Sallyport Commercial Finance Provides $10M Funding for Shield Therapeutics Inc.
May 8, 2024In a significant move to support business growth, Sallyport Commercial Finance is delighted to announce a groundbreaking $10 million in accounts receivable finance for a prominent pharmaceutical company - Shield Therapeutics Inc.
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First Citizens Wealth Launches Enhanced Private Investments Capabilities
May 8, 2024First Citizens Wealth today launched new enhancements to its Private Investments capabilities that enable qualified clients to invest in growth-oriented opportunities outside of the traditional public securities markets.
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Encina Lender Finance Provides $20 Million Senior Credit Facility to Indirect Auto Finance Platform
May 8, 2024Encina Lender Finance, LLC announced today that it has closed a $20 million senior credit facility for an indirect auto finance platform with a network of dealers spanning across 30+ states.
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J D Factors Provides Factoring Facilities to 35 new Clients in the US and Canada During April
May 8, 2024D Factors provided $9,800,000 in new factoring facilities to 35 new clients in the US and Canada during the month of April. Some of these facilities include: $800,000 factoring facility for a transportation company in Illinois; a $700,000 factoring facility for a transportation company in Ontario...
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WhiteHawk Capital Partners Provides Credit Facility to C3 Rentals
May 8, 2024WhiteHawk Capital Partners, LP ("WhiteHawk"), a private credit investment manager focused on asset-based financing solutions, announced it has entered into an agreement with C3 Rentals, Inc. (“C3 Rentals”) to provide a $100 million asset-based credit facility (the "Financing").
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PlainsCapital Bank Welcomes Jud Miller
May 8, 2024PlainsCapital Bank recently announced that Jud Miller has joined its commercial lending team as Senior Vice President, Senior Commercial Loan Officer. He will office out of The Woodlands branch at 1699 Research Forest Drive, Suite 100.
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Ryan Gross of Getzler Henrich Named One of DBusiness's 30 in Their Thirties
May 8, 2024Getzler Henrich & Associates is proud to announce that Ryan Gross, Director, has been recognized by DBusiness, Detroit's Premier Business Journal, as one of the esteemed recipients of the "30 in Their Thirties" award. The accolade, featured in the May-June 2024 issue of DBusiness, highlights individuals making significant contributions to their respective industries.
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Gateway Trade Funding Provides a $500,000 Purchase Order Facility to a Thermal Insulation Company
May 8, 2024Gateway provided a purchase order facility amounting to $500,000, enabling the company to seize the opportunity presented by the sizable new orders and ensuring a steady stream of working capital for future orders, which they are now positioned to fulfill.
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Trinity Capital Inc. Launches Sponsor Finance Vertical with New Strategic Hires
May 8, 2024Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-oriented companies, today announced the expansion of its business with the addition of a new Sponsor Finance vertical. This strategic expansion naturally extends the Company's established expertise in providing direct lending solutions to sponsor-backed companies across a range of industries.
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Alvarez & Marsal Appoints Teal Reamer as a Talent, Organization & People Practice Managing Director
May 8, 2024Leading global professional services firm Alvarez & Marsal (A&M) announces the appointment of Houston-based Managing Director Teal Reamer in its Talent Organization & People Management (TOP) practice within the firm’s Corporate Performance Improvement (CPI) group.
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Triumph Strengthens Its Asset Based Lending Team with Appointment of Todd A. Witmer
May 8, 2024Triumph, a member of the Triumph Financial, Inc. (Nasdaq: TFIN) portfolio of brands, is pleased to announce the appointment of Todd A. Witmer as the new SVP, Business Development Officer for its asset based lending group.
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AELF Announces Completion of $40 Million Credit Facility With Merchants Bank
May 7, 2024The credit facility is collateralized, in part, by four of the company's ten A330-200s. Those aircraft, which AELF acquired from Airbus Asset Management Division in 2016 and 2017 are on long term operating lease with Canada's Air Transat. In addition to A330-200s, the company owns 737-800s which it sees as the growth area for its business.
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Southern First Appoints Chris Zych as Chief Financial Officer
May 7, 2024Southern First Bancshares, Inc. (NASDAQ: SFST), holding company for Southern First Bank, is pleased to announce the appointment of Chris Zych as Chief Financial Officer and Executive Vice President.
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Comvest Credit Partners Provides $70 Million Senior Credit Facility to Nationwide Energy Partners to Support Growth Strategy
May 7, 2024Comvest Credit Partners (“Comvest”), a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it is acting as Administrative Agent and is the Sole Lender on a $70 million senior secured credit facility (the “Financing”) for Nationwide Energy Partners (“NEP”, or the “Company”), an Ohio-based provider of utility management services to the multifamily market.
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Jeeves Secures USD$75 Million Financing to Expand Latin America Footprint, Including Launch of Jeeves Pay Credit in Brazil
May 7, 2024Jeeves, the premier B2B payments and corporate card platform for businesses in Latin America, has closed a $75 million (USD) credit facility with Community Investment Management ("CIM"), a prominent global impact focused investment manager actively investing in Latin America. In addition to supporting the company's rapid scaling, this financing will enhance Jeeves' financial product suite in its primary Latin American markets - Brazil, Colombia, and Mexico.
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Republic Business Credit Continues Growth Trajectory with Addition of Danielle Wright-Madison as VP, Underwriting
May 7, 2024When Republic Business Credit saw an opportunity to add an experienced finance expert to their team in New Orleans, they jumped at the chance. Danielle Wright-Madison, who began her career as a financial analyst and most recently served as a field exam manager for a major national banking institution, is among the new hires at Republic’s NOLA headquarters.
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Republic Business Credit Adds Katherine Hebert Seghers as VP, Senior Accountant in New Orleans
May 7, 2024Republic Business Credit continued its national growth trajectory with a new addition at the company’s home office in New Orleans. Katherine Hebert Seghers, an experienced data analyst and financial accounts manager, recently joined the firm as Vice President, Senior Accountant. A graduate of Loyola University New Orleans with an MBA from University of New Orleans,
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Monroe Capital Supports LLR Partners and FTV Capital’s Investment in ParkHub and JustPark Merger
May 7, 2024Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the merger and future growth of ParkHub and JustPark by LLR Partners and FTV Capital.
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Driving Cross-Border Growth: eCapital's Innovative Financing for Legacy Organic Food Brand
May 7, 2024eCapital Corp. (“eCapital”), a leading tech-enabled finance provider specializing in tailored solutions for businesses across North America and the United Kingdom is pleased to announce the recent closure of a $3.5 million confidential factoring facility to a heritage Canadian organic food manufacturer.
-
Hedaya Provides $5 Million Factoring Line to a Home Textiles Company
May 8, 2024The Hedaya Capital Group provided a $5 million factoring line to a home textiles vertical mill business. Headquartered in New York and operating for over 20 years, the textile company in partnership with an overseas manufacturer specializes in bedding and sells to major retailers such as Macy’s, HomeGoods and T.J. Maxx.
-
Sallyport Commercial Finance Provides $10M Funding for Shield Therapeutics Inc.
May 8, 2024In a significant move to support business growth, Sallyport Commercial Finance is delighted to announce a groundbreaking $10 million in accounts receivable finance for a prominent pharmaceutical company - Shield Therapeutics Inc.
-
First Citizens Wealth Launches Enhanced Private Investments Capabilities
May 8, 2024First Citizens Wealth today launched new enhancements to its Private Investments capabilities that enable qualified clients to invest in growth-oriented opportunities outside of the traditional public securities markets.
-
Encina Lender Finance Provides $20 Million Senior Credit Facility to Indirect Auto Finance Platform
May 8, 2024Encina Lender Finance, LLC announced today that it has closed a $20 million senior credit facility for an indirect auto finance platform with a network of dealers spanning across 30+ states.
-
J D Factors Provides Factoring Facilities to 35 new Clients in the US and Canada During April
May 8, 2024D Factors provided $9,800,000 in new factoring facilities to 35 new clients in the US and Canada during the month of April. Some of these facilities include: $800,000 factoring facility for a transportation company in Illinois; a $700,000 factoring facility for a transportation company in Ontario...
-
WhiteHawk Capital Partners Provides Credit Facility to C3 Rentals
May 8, 2024WhiteHawk Capital Partners, LP ("WhiteHawk"), a private credit investment manager focused on asset-based financing solutions, announced it has entered into an agreement with C3 Rentals, Inc. (“C3 Rentals”) to provide a $100 million asset-based credit facility (the "Financing").
-
PlainsCapital Bank Welcomes Jud Miller
May 8, 2024PlainsCapital Bank recently announced that Jud Miller has joined its commercial lending team as Senior Vice President, Senior Commercial Loan Officer. He will office out of The Woodlands branch at 1699 Research Forest Drive, Suite 100.
-
Ryan Gross of Getzler Henrich Named One of DBusiness's 30 in Their Thirties
May 8, 2024Getzler Henrich & Associates is proud to announce that Ryan Gross, Director, has been recognized by DBusiness, Detroit's Premier Business Journal, as one of the esteemed recipients of the "30 in Their Thirties" award. The accolade, featured in the May-June 2024 issue of DBusiness, highlights individuals making significant contributions to their respective industries.
-
Gateway Trade Funding Provides a $500,000 Purchase Order Facility to a Thermal Insulation Company
May 8, 2024Gateway provided a purchase order facility amounting to $500,000, enabling the company to seize the opportunity presented by the sizable new orders and ensuring a steady stream of working capital for future orders, which they are now positioned to fulfill.
-
Trinity Capital Inc. Launches Sponsor Finance Vertical with New Strategic Hires
May 8, 2024Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-oriented companies, today announced the expansion of its business with the addition of a new Sponsor Finance vertical. This strategic expansion naturally extends the Company's established expertise in providing direct lending solutions to sponsor-backed companies across a range of industries.
-
Alvarez & Marsal Appoints Teal Reamer as a Talent, Organization & People Practice Managing Director
May 8, 2024Leading global professional services firm Alvarez & Marsal (A&M) announces the appointment of Houston-based Managing Director Teal Reamer in its Talent Organization & People Management (TOP) practice within the firm’s Corporate Performance Improvement (CPI) group.
-
Triumph Strengthens Its Asset Based Lending Team with Appointment of Todd A. Witmer
May 8, 2024Triumph, a member of the Triumph Financial, Inc. (Nasdaq: TFIN) portfolio of brands, is pleased to announce the appointment of Todd A. Witmer as the new SVP, Business Development Officer for its asset based lending group.
-
AELF Announces Completion of $40 Million Credit Facility With Merchants Bank
May 7, 2024The credit facility is collateralized, in part, by four of the company's ten A330-200s. Those aircraft, which AELF acquired from Airbus Asset Management Division in 2016 and 2017 are on long term operating lease with Canada's Air Transat. In addition to A330-200s, the company owns 737-800s which it sees as the growth area for its business.
-
Southern First Appoints Chris Zych as Chief Financial Officer
May 7, 2024Southern First Bancshares, Inc. (NASDAQ: SFST), holding company for Southern First Bank, is pleased to announce the appointment of Chris Zych as Chief Financial Officer and Executive Vice President.
-
Comvest Credit Partners Provides $70 Million Senior Credit Facility to Nationwide Energy Partners to Support Growth Strategy
May 7, 2024Comvest Credit Partners (“Comvest”), a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it is acting as Administrative Agent and is the Sole Lender on a $70 million senior secured credit facility (the “Financing”) for Nationwide Energy Partners (“NEP”, or the “Company”), an Ohio-based provider of utility management services to the multifamily market.
-
Jeeves Secures USD$75 Million Financing to Expand Latin America Footprint, Including Launch of Jeeves Pay Credit in Brazil
May 7, 2024Jeeves, the premier B2B payments and corporate card platform for businesses in Latin America, has closed a $75 million (USD) credit facility with Community Investment Management ("CIM"), a prominent global impact focused investment manager actively investing in Latin America. In addition to supporting the company's rapid scaling, this financing will enhance Jeeves' financial product suite in its primary Latin American markets - Brazil, Colombia, and Mexico.
-
Republic Business Credit Continues Growth Trajectory with Addition of Danielle Wright-Madison as VP, Underwriting
May 7, 2024When Republic Business Credit saw an opportunity to add an experienced finance expert to their team in New Orleans, they jumped at the chance. Danielle Wright-Madison, who began her career as a financial analyst and most recently served as a field exam manager for a major national banking institution, is among the new hires at Republic’s NOLA headquarters.
-
Republic Business Credit Adds Katherine Hebert Seghers as VP, Senior Accountant in New Orleans
May 7, 2024Republic Business Credit continued its national growth trajectory with a new addition at the company’s home office in New Orleans. Katherine Hebert Seghers, an experienced data analyst and financial accounts manager, recently joined the firm as Vice President, Senior Accountant. A graduate of Loyola University New Orleans with an MBA from University of New Orleans,
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Monroe Capital Supports LLR Partners and FTV Capital’s Investment in ParkHub and JustPark Merger
May 7, 2024Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the merger and future growth of ParkHub and JustPark by LLR Partners and FTV Capital.
-
Driving Cross-Border Growth: eCapital's Innovative Financing for Legacy Organic Food Brand
May 7, 2024eCapital Corp. (“eCapital”), a leading tech-enabled finance provider specializing in tailored solutions for businesses across North America and the United Kingdom is pleased to announce the recent closure of a $3.5 million confidential factoring facility to a heritage Canadian organic food manufacturer.