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 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 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 LLP announced today that Alexandra E. Chopin has joined the Washington, D.C. office as a partner in the Litigation Department.

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 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. (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 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 (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 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 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 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”).

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 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.

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 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.

TaxNow, an innovative tax underwriting and monitoring platform, is excited to announce its new strategic partnership with XEN, a renowned multi-platform loan management software provider for lenders. This collaboration aims to improve the financial management landscape for lenders by integrating comprehensive tax underwriting and monitoring solutions into XEN, creating efficiency for clients seeking streamlined processes for tax due diligence and compliance.

CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced it has been ranked the number 10 construction accounting firm by Construction Executive. This marks the fourth consecutive year the firm has received a top 10 ranking.

BRG announced today that Michael Hollerich has joined the firm’s Financial Institution Advisory practice as a managing director in Dallas. Hollerich brings over 25 years of leadership experience in financial services risk and consulting.

The NFIB Small Business Optimism Index rose 2.2 points in July to 93.7, the highest reading since February 2022. However, this is the 31st consecutive month below the 50-year average of 98. Inflation remains the top issue among small business owners, with 25% reporting it as their single most important problem in operating their business, up four points from June.