Blank Rome LLP is pleased to announce that Partner Joel V. Sestito, Of Counsel Rachel E. Mather, and Associate Olivia S. Ortiz have joined the firm’s nationally recognized Real Estate group in Chicago. Real estate finance pros, Joel, Rachel, and Olivia represent lenders in real estate and commercial loan transactions. The team joins from Akerman.

Monroe Capital LLC announced it acted as joint lead arranger on the funding of a senior credit facility to support the acquisition of MEI Rigging & Crating (“MEI”) by Olympus Partners.

SAPRO, a renowned global talent outsourcing firm providing expert professionals in tax, audit, and advisory services, is thrilled to announce the appointment of Julie Bonness as the new Senior Vice President - Global Strategic Partnerships.

Legacy 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 Anthony DiChiara has joined the firm as Managing Director of Originations.

Dynatronics Corporation (NASDAQ: DYNT) ("Dynatronics" or the "Company"), a leading manufacturer of athletic training, physical therapy, and rehabilitation products, today announced that on August 1, 2023 the Company and its subsidiaries entered into a new Loan and Security Agreement ("the credit facility") with Gibraltar Business Capital, LLC ("Gibraltar").

Northern Oil and Gas, Inc. (NYSE: NOG) (the “Company” or “NOG”) today announced the completion of its semi-annual borrowing base redetermination under its reserves-based revolving credit facility (the “Facility”). In connection with the redetermination, NOG entered into an amendment to the Facility that will increase the borrowing base to $1.8 billion (from $1.6 billion) and increase the elected commitment amount to $1.25 billion (from $1.0 billion).

Brean Capital and RBC Capital Markets served as financial advisors on this transaction, and Brean Capital also served as the placement agent.

Gibraltar Equipment Finance (GEF), a non-bank, middle market equipment financing company and affiliate of Gibraltar Business Capital, is pleased to announce the successful completion of a $1MM equipment financing transaction.

Flatbay Capital funds a $1.7MM bridge loan to a Houston, Texas-based provider of private fiber-optic connections to cities, municipalities, and educational institutions across the state. The commercial real estate loan was secured by an owner-occupied light industrial building whose main use is a data center.

Austin Financial Services, Inc. (AFS) is pleased to announce the closing of a $10MM club ABL facility to a toy manufacturer and distributor. Proceeds from AFS’ revolver were used for seasonal inventory purchases and will also provide ongoing working capital to support the Company’s growth plans.

Bright Health Group, Inc. (“Bright Health” or the “Company”) (NYSE: BHG), the technology enabled, value-driven healthcare company, today announced that it entered into a credit facility with an investment partnership of New Enterprise Associates (“NEA”) with $60 million of credit capacity on August 4, 2023.

By order of a U.S. bankruptcy court, Tiger Group and Liquidity Services on Aug. 10 will auction OncoSec Medical Inc.’s former immunotherapy laboratory and R&D facility in San Diego.

1st Capital Bancorp (the “Company”), (OTCQX: FISB), the $960 million asset bank holding company and parent company of 1st Capital Bank (the “Bank”), announced a recent change in executive management.

Janus International Group, Inc. (NYSE: JBI) (“Janus” or the “Company”), a leading provider of cutting-edge access control technologies and building product solutions for the self-storage and other commercial and industrial sectors, today announced a series of related transactions to refinance its debt.

Auramet was pleased to expand its lender group to include Wells Fargo Bank. The Facility also includes previous participants Coöperatieve Rabobank U.A., N.Y. Branch, HSBC Bank USA, N.A., Commonwealth Bank of Australia, CIBC Bank USA, and Brown Brothers Harriman & Co.

Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) today announced the closing of a $80 million loan facilitating the refinancing of the Alexan Waterloo (“the Alexan”), a 272-unit, 30-story, 2021-vintage luxury high-rise multifamily property located in downtown Austin, Texas, centrally located to the medical district. Crow Holdings Capital (the “Borrower”, “Crow”) is the property developer and is a subsidiary of Crow Holdings, a privately owned real estate investment and development firm with more than 70 years of history and approximately $24 billion of assets under management.

The credit card start-up has secured a $200 million debt facility from Victory Park Capital (VPC) and a new term loan facility for up to $20 million of incremental commitments with Trinity Capital.

Rosenthal & Rosenthal has promoted Derek Sigler to EVP, Northeast Region Co-Portfolio Manager. Derek has been at Rosenthal for more than 10 years and will work alongside his colleague Josh Ceccarelli to run the Northeast factoring portfolio.

CoreWeave, a specialized cloud provider of large-scale GPU-accelerated workloads, today announced it has secured a $2.3 billion debt financing facility. The funding was led by Magnetar Capital and funds managed by Blackstone Tactical Opportunities ("Blackstone") with strategic participation from leading asset management firms Coatue and DigitalBridge Credit, and funds and accounts managed by BlackRock, PIMCO, and Carlyle.

-Flux Power Holdings, Inc. (NASDAQ: FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, today announced that it has secured a new $15.0 million credit facility from Gibraltar Business Capital (“GBC”) to fund working capital and to refinance its existing credit facility with Silicon Valley Bank (“SVB”).