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  • SFNet New Member Spotlight: Finley Technologies
    July 23, 2024
    Finley's software simplifies asset-backed lending for borrowers and asset managers. By automating due diligence, ensuring compliance, and streamlining ongoing reporting, Finley helps ensure that capital is always available when companies need it.
  • Womble Deepens Financial Services Bench in New York
    July 23, 2024
    Womble Bond Dickinson announced today that Ryan Thompson has joined the firm’s New York office as an of counsel in the Finance, Bankruptcy, and Restructuring group. Thompson concentrates his practice on equipment finance, commercial lending, floorplan finance, asset-based lending, and creditors’ rights.
  • Genesis Energy, L.P. Extends Its Existing Secured Credit Facility into September 2028
    July 23, 2024
    Genesis Energy, L.P. (NYSE: GEL) announced today that on July 19, 2024, it successfully syndicated, upsized and closed on an extension of its existing revolving credit facility with $900 million in commitments from both existing and new lenders with an initial maturity date of September 1, 2028.
  • WildBrain Announces New $415 Million Senior Secured Credit Facility
    July 23, 2024
    WildBrain Ltd. ("WildBrain" or the "Company") (TSX: WILD), a global leader in kids' and family entertainment, has entered into an agreement with a group of private lenders, led by Sagard and Comvest Credit Partners, for a new five-year US $415 million Senior Secured Credit Facility consisting of a $375 million term loan and a $40 million revolving credit facility (the "New Facilities").
  • SLR Business Credit Provides $20 Million Line of Credit to Tastemakers LLC, the Creators of Arcade1Up, the 4th Largest Brand in Gaming
    July 23, 2024
    SLR Business Credit LLC (“SLR Business Credit”) is pleased to announce the funding of a $20 million credit facility for a leading manufacturer in the gaming industry, Tastemakers LLC. Tastemakers has licensing agreements and development deals with iconic retro arcade games and manufactures cabinets, bringing gaming to homes around the world.
  • Gridiron Capital Agrees to Sell GSM Outdoors
    July 23, 2024
    Gridiron Capital, LLC (“Gridiron Capital”), an investment firm focused on partnering with founders, entrepreneurs, and management teams, is pleased to announce the signing of a definitive agreement to sell its controlling interest in Good Sportsman Marketing Outdoors (“GSM,” “GSM Outdoors,” or the “Company”), to Platinum Equity.
  • Maxim Commercial Capital Fills Capital Void in Q2 2024
    July 23, 2024
    Maxim Commercial Capital (“Maxim”) reported strong results for the second quarter of 2024. While many competitors have tightened their credit windows and other lenders have closed their businesses, Maxim continues to expand. To support its growth, the hard-asset secured lender hired five new team members for key positions in credit, operations, and collections during the period.
  • Star Equity Holdings Names Jennifer Palmer to Board of Directors
    July 23, 2024
    JPalmer Collective, an asset-based lending firm that funds brands with a particular focus on sustainability and inclusivity, is announcing that founder and CEO Jennifer Palmer has been named to the board of directors of Star Equity Holdings, Inc. (Nasdaq: STRR; STRRP) (“Star”), a diversified holding company. Ms. Palmer brings to Star’s board a deep knowledge of financing solutions.
  • Online Oilfield Equipment Auction on July 30 Features Gas Compressors, Generators, Drill Bits, Downhole and Fishing Tools and More
    July 23, 2024
    More than 70 gas compressor packages, downhole and fishing tools, and other oilfield and heavy equipment assets are available in an online auction that closes on July 30th.
  • First Business Bank Funds $3 Million Factoring Facility For Eco-Friendly Bottled Water Company
    July 23, 2024
    First Business Bank’s Accounts Receivable Financing group announces the funding of a $3 million factoring facility for an eco-friendly bottled water company. The packaging and bottling are designed to minimize detrimental effects to the environment.
  • Assembled Brands Capital Welcomes Ann Parker as Senior Credit Risk Associate
    July 23, 2024
    Assembled Brands Capital is pleased to announce the appointment of Ann Parker as Senior Credit Risk Associate. In her new capacity, Ann will play a crucial role in enhancing the company's credit risk assessment strategies and supporting its expansion within the CPG sector.
  • Rosenthal Closes Three ABL Transactions Totaling Nearly $20 Million
    July 23, 2024
    Rosenthal & Rosenthal, Inc., the leading factoring, asset-based lending, purchase order financing and inventory financing firm in the United States, today announced the recent completion of three asset-based lending transactions totaling $19.5 million.
  • nFusion Capital Expands Lending Capacity with New $75MM Line of Credit
    July 23, 2024
    nFusion Capital Finance, LLC, a leading commercial finance company to entrepreneurs, today announced that it has closed and funded a line of credit agented by Synovus Bank, through its Specialty Finance Division, for $75 million. This new facility will allow nFusion Capital to continue its exponential growth.
  • Emily Reeves Joins Franklin Capital as VP of Sales
    July 22, 2024
    Franklin Capital is very pleased to announce that Emily Reeves has joined the company as Vice President of Sales. In this role, Emily will be responsible for growing Franklin’s sales team and driving the growth of the company's sales efforts.
  • Business Development Resources Announces Partnership with Southfield Capital
    July 22, 2024
    Business Development Resources, Inc. ("BDR" or the "Company"), a leading business coaching and training organization to field services contractors and distributors, announced today its partnership with Southfield Capital, a premier lower middle market private equity firm.
  • Tenet Secures Credit Facility of Up to $5M and Terminates Private Placement Financing
    July 22, 2024
    Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), an innovative analytics service provider, owner and operator of the Cubeler® Business Hub, today announced that it has secured a credit facility of up to $5,000,000 from Petiana Capital Inc. ("PCI"), and has terminated its ongoing private placement of units of convertible debentures and warrants whereby the Company was looking to raise an additional $5,000,000 (the "Financing").
  • Gibraltar Business Capital Provides $12.5MM to Disruptive Consumer Goods Company
    July 22, 2024
    Starco Brands (STCB), which has five brands under one company umbrella, has been actively expanding its offerings by inventing and acquiring behavior-changing brands and technologies, including Soylent Nutrition, Skylar Body, Art of Sport, Whipshots, and Winona.
  • Great Rock Capital Provides $25 Million of Liquidity to a Sponsor-Owned Pet Supply Company
    July 22, 2024
    Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced that it has provided $25 million of liquidity through a senior secured credit facility to Phillips Pet Food & Supplies (“Phillips”).
  • Kawasaki Motors Finance Corporation Extends Partnership with Solifi in North America
    July 22, 2024
    Solifi, a global fintech software partner for secured finance, announced that Canadian Kawasaki Motors Finance Corporation (CKMFC) has successfully migrated its Canadian operations to Solifi Wholesale Finance, expanding its usage across North America.
  • Leslie Berkoff & Theresa Driscoll Named To Lawdragon's 500 Leading U.S. Bankruptcy & Restructuring Lawyers For 2024 ​
    July 22, 2024
    Moritt Hock & Hamroff announced today that Leslie Berkoff and Theresa Driscoll, Partners of the firm, have been recognized by Lawdragon as 500 Leading U.S. Bankruptcy & Restructuring Lawyers for 2024. The annual Lawdragon 500 Leading Lawyers in America is the most elite distinction in the profession, covering the best of the best in all practice areas.