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  • Rosin Capital Group Launches Debt Capital Advisory Firm
    August 19, 2024
    Rosin Capital Group is proud to announce the launch of a new debt capital advisory firm, founded and led by industry veteran John Rosin. With over 30 years of experience in direct lending, Rosin brings a deep understanding of the debt capital landscape. Most recently, he served as President and Chief Operating Officer of Wingspire Capital.
  • Advantage Business Capital Provides $5MM Asset-Based Loan to Upstream Oilfield Services Company
    August 19, 2024
    Advantage Business Capital, a subsidiary of Central Bank, today announces that its asset-based lending (ABL) division has approved and funded a $5MM working capital revolver to a Houston, Texas headquartered upstream oil and gas services company.
  • Advantage Business Capital Welcomes Two New Employees to their Team
    August 19, 2024
    Advantage Business Capital, a subsidiary of Central Bank, welcomes two new employees to their growing team. Liz Castillo, Senior Vice President, is Houston, Texas based and Lauren Hogan, Marketing Specialist, is Austin, Texas-based.
  • GoldenTree Asset Management Expands Private Credit Team
    August 19, 2024
    GoldenTree Asset Management LP (“GoldenTree”), a global asset management firm with approximately $55 billion in assets under management, has announced the hiring of Avineet Punhani as Principal. He will be based in the firm’s New York office and will report to Grady Frank, Partner and Head of Private Credit Origination.
  • In Memoriam: David Crumbaugh
    August 19, 2024
    SFNet is saddened to inform you of the passing of David Crumbaugh. David Gordon Crumbaugh of Boca Grande, Florida passed away on August 15, 2024 in Coloma, Michigan surrounded by family. He was a brother, husband, father, grandfather, attorney, and mentor. He was 72 years old.
  • TAB Bank Provides $27.8 Million Funding to Support Growth and Expansion of Leading Aluminum Manufacturer
    August 19, 2024
    TAB Bank has provided a $27.8 million credit facility for a leading manufacturer of aluminum extrusions based in southern California. The facility includes a $20 million revolver and a $7.8 million term loan. This partnership marks a significant step forward in ensuring the company thrives and expands in a competitive market.
  • Regions Bank Announces Retirement of Ronnie Smith, Appointment of Brian Willman as Head of Corporate Banking Group
    August 19, 2024
    Regions Bank on Tuesday announced Ronnie Smith, head of the company’s Corporate Banking Group, will retire at the end of the year following more than four decades of service to Regions and its predecessor banks.
  • Winston & Strawn Boosts Litigation Practice in Washington, D.C. with Addition of Alexandra E. Chopin
    August 19, 2024
    Winston & Strawn LLP announced today that Alexandra E. Chopin has joined the Washington, D.C. office as a partner in the Litigation Department.
  • Chris Ward Joins TD Bank as Regional President of the Mid-South Metro
    August 19, 2024
    TD Bank, America’s Most Convenient Bank®, today announced that Chris Ward has been named Regional President of the Mid-South Metro, which includes Delaware, Maryland, the District of Columbia, Virginia, North Carolina and South Carolina.
  • Twain Private Credit Announces Federal Approval for New SBIC
    August 19, 2024
    Twain Private Credit proudly announces the launch of its Truman Fund, following approval from the U.S. Small Business Administration (SBA) for a new Small Business Investment Company (SBIC) license. This landmark achievement marks the long-awaited presence of an active SBIC in Oklahoma, unlocking a windfall of capital for local businesses looking to grow and expand.
  • Commercial Credit Group Inc. Closes 18th Term ABS for $458,688,000 (CCGR Trust 2024-1)
    August 19, 2024
    Commercial Credit Group Inc. (CCG), an independent commercial equipment finance company, today announced that it has finalized a $458,688,000 term asset-backed security (ABS) transaction. The securitization was placed with a diverse group of institutional fixed income investors from 34 unique firms. JP Morgan Securities, LLC served as Structuring Agent and Lead Bookrunner for the placement.
  • Webster Bank Healthcare Underwrites $30,600,000; Helps Arrange and Underwrite $58,400,000 in Development Capital for Anchor Health Properties
    August 19, 2024
    Webster Bank Healthcare has underwritten $30,600,000 and helped arrange and underwrite $58,400,000 in construction and mini-permanent debt financing for Anchor Health Properties in support of the ground-up development of two Inpatient Rehabilitation Facilities (IRF) – a 61,000 square foot, 52- bed IRF in Apex, North Carolina and a 100,000 square foot, 62-bed IRF in Miami, Florida.
  • Cambridge Savings Bank Continues to Make Strategic Leadership Changes with Ian Brandon’s Promotion to Chief Commercial Banking Officer
    August 19, 2024
    Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $7 billion in assets, today announced that Ian Brandon has been promoted to Executive Vice President, Chief Commercial Banking Officer (CCBO).
  • A&G to Auction Eight Bus Terminal Leases as Part of Coach USA’s Expedited Restructuring Process
    August 19, 2024
    A&G Real Estate Partners, in its capacity as real estate advisor topassenger transportation and mobility services providerCoach USA (“the company”), today announced the upcoming auction of eight bus terminals across the United States, as part of the company’s expedited financial restructuring.
  • US Capital Global Securities Announces $30MM Investment Opportunity in Next-Generation Tendon Repair Technology
    August 19, 2024
    US Capital Global Securities LLC, an SEC-registered affiliate of renowned global financial group US Capital Global, is pleased to present eligible investors with a unique investment opportunity to participate in an investment round of up to $30 million for CoNextions Medical (“CoNextions” or the “Company”).
  • Emerita Resources Closes on First Tranche of USD$6 Million Under Credit Facility
    August 19, 2024
    Emerita Resources Corp. (TSXV: EMO) (the “Company” or “Emerita”) announces that, further to its news release dated August 14, 2024, it it has drawn down and received USD$6 million in funding under the first tranche of its credit agreement dated August 14, 2024, as amended (the “Loan Agreement”), entered into by the Company and Nebari Natural Resources Credit Fund II, LP (the “Lender”).
  • Georgia Banking Company Earns Top Workplace Recognition for 2024 by The Atlanta Journal-Constitution
    August 19, 2024
    For the second consecutive year, Georgia Banking Company (GBC) has been awarded the Top Workplaces 2024 honor by The Atlanta Journal-Constitution. This prestigious recognition is based solely on employee feedback gathered through a confidential third-party survey administered by Energage, LLC, a leading provider of technology-based employee engagement tools.
  • Moritt Hock & Hamroff Launches Newly-Redesigned Website
    August 19, 2024
    Moritt Hock & Hamroff announced today the launch of its newly redesigned website at www.moritthock.com. The site boasts a clean, modern appearance with advanced technology and improved navigation that provides the firm's existing and prospective clients with a more intuitive and user-friendly experience, as well as a more responsive and robust layout on mobile devices.
  • EagleBank Names New Chief Credit Officer
    August 19, 2024
    Eagle Bancorp, Inc. (NASDAQ: EGBN), the Bethesda-based holding company of EagleBank, one of the largest community banks in the Washington D.C. area, today announced Chief Credit Officer Janice “Jan” Williams will be retiring from EagleBank on June 30, 2025. Jan’s longstanding dedication and exceptional contributions have significantly driven the bank’s strategic growth over the past two decades.
  • Birch Creek Completes Altona Solar Financing
    August 19, 2024
    Birch Creek Energy, LLC ("Birch Creek"), a St. Louis based renewable energy company, announced the completion of financing and full operation of Altona Solar, a 42MW utility scale solar project based in Missouri. This facility, along with the recently completed 49MW project Earp Solar in Illinois, represents the second of several projects slated to come on-line this year as part of Birch Creek's independent power producer ("IPP") strategy.