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  • Josh Register Joins United Capital Funding as Business Development Officer
    April 29, 2024
    United Capital Funding Group LLC, a Florida-based accounts receivable financing firm and leading provider of accounts receivable factoring solutions, proudly announces the appointment of Josh Register as Business Development Officer. In his role, Register will spearhead the company's expansion efforts in Florida, with a primary focus on the state’s key markets – the Tampa Bay area, Jacksonville, Miami, and Orlando.
  • First Citizens Names Sana Moheet Relationship Manager for Middle Market Banking
    April 29, 2024
    First Citizens Bank today announced that its Middle Market Banking group has named Sana Moheet as a relationship manager focused on building new business in Texas and the surrounding areas.
  • Santander Continues to Grow its Commercial Bank in the U.S.; Strengthens Multifamily Real Estate Portfolio and Leadership Team
    April 29, 2024
    Santander Bank, N.A. (“Santander Bank” or “the Bank”) announced today it is now servicing 100 percent of the assets in a $9 billion portfolio of New York-based, multifamily real estate assets formerly owned by Signature Bank. In December 2023, Santander Bank closed a transaction with the Federal Deposit Insurance Corporation (FDIC) to participate in a joint venture that will manage this portfolio following the failure of Signature Bank.
  • State Street Private Markets Survey Finds Macro Challenges Not Dampening Demand; Public To Private Shift Set To Grow Further
    April 29, 2024
    State Street Corporation (NYSE: STT) today released the results of its third annual private markets survey1, which explores the allocations of 480 institutional investors including traditional asset managers, private market managers, insurance companies, and asset owners across North America, Latin America, Europe, and Asia-Pacific.
  • Fulton Financial Corporation Acquires Substantially All of the Assets And Assumes Substantially All of The Deposits Of Republic First Bank From The FDIC
    April 29, 2024
    Fulton Financial Corporation (NASDAQ: FULT) (the “Corporation”) today announced that its bank subsidiary, Fulton Bank, N.A. (“Fulton”), has acquired substantially all of the assets and assumed substantially all of the deposits of Republic First Bank, doing business as Republic Bank (“Republic Bank”), from the Federal Deposit Insurance Corporation (the “FDIC”).
  • Great Lakes Announces New $150,000,000 Second-Lien Financing Agreement
    April 29, 2024
    Great Lakes Dredge & Dock Corporation ("Great Lakes" or the “Company”) (NASDAQ: GLDD), the largest provider of dredging services in the United States, announced that it has entered into a $150,000,000 5-year, senior secured second-lien credit agreement (“Second Lien Credit Agreement”) with Guggenheim Credit Funding, LLC, on behalf of one or more clients.
  • M&T Bank and Sunstone Credit Announce Joint Program to Give More Businesses Access to Simple, Affordable Solar Financing
    April 29, 2024
    Sunstone Credit, Inc., a commercial solar loan platform that helps businesses switch to clean energy, today announced a program with M&T Bank (NYSE:MTB) to give more businesses access to easy, affordable solar financing.
  • CIBC Innovation Banking Provides Credit Facilities to Q4 Inc.
    April 29, 2024
    CIBC Innovation Banking announced today that it has provided credit facilities to support Sumeru Equity Partners’ (Sumeru) strategic investment in Toronto-based Q4 Inc. (“Q4” or the “Company”), the first IR Ops Platform.
  • Yum! Brands, Inc. Completes Refinancing of Senior Secured Credit Facilities
    April 29, 2024
    Yum! Brands, Inc. (NYSE: YUM) (the “Company”) today announced that certain subsidiaries that operate the Company’s KFC, Pizza Hut and Taco Bell businesses have completed the refinancing of the existing approximately $713 million term loan A facility and $1.25 billion revolving facility (the “Existing Facilities”) through the issuance of a $500 million term loan A (the “Term A Loan”) and a $1.50 billion revolving credit facility (the “Revolving Facility”) pursuant to an amendment to the underlying credit agreement (the “Amendment”).
  • Silver Creek Capital Hires Nathan Kelso as Chief Technology Officer
    April 29, 2024
    Silver Creek Capital Management (“Silver Creek” or the “Firm”), an alternative investment boutique focused on developing unique investment solutions for institutional and sophisticated investors globally, today announced that Nathan Kelso has joined the Firm as Chief Technology Officer. For more than a decade, Mr. Kelso was Chief Information Security Officer of Research Affiliates, a global leader in smart beta and asset allocation, and earlier served in a senior information technology role at BlackRock.
  • New Federal Rule Would bar ‘Noncompete’ Agreements for Most Employees
    April 29, 2024
    U.S. companies would no longer be able to bar employees from taking jobs with competitors under a rule approved by a federal agency Tuesday, though the rule is sure to be challenged in court.
  • Republic Business Credit Provides $1.5 Million Recourse Factoring Facility to Sustainable FoodTech Manufacturer
    April 29, 2024
    Republic Business Credit is excited to announce its partnership with a science-based food company that needed additional working capital to expand into new retail channels. To help the manufacturer, Republic provided a $1.5 million recourse factoring facility, which will supply the company with the working capital to pay its vendors in a timely manner.
  • NXT Capital Credit Facility Provides to Shoreline Equity Partners’ Acquisition of Prime Meats
    April 29, 2024
    NXT Capital announced today that it has provided a unitranche credit facility to support Shoreline Equity Partners’ acquisition of Prime Meats, LLC. NXT Capital acted as the Administrative Agent, Sole Lead Arranger, and Sole Bookrunner on this transaction.
  • Change Capital Welcomes Paul Durosko as Head of Lending Operations
    April 29, 2024
    Change Capital is pleased to announce the appointment of Paul Durosko as Senior Vice President and Head of Lending Operations. With over three decades of experience in the commercial finance and lending industry, Mr. Durosko brings a wealth of expertise to the firm, an innovative and fast-growing commercial lender and capital provider.
  • Axiom Bank Expands Factoring Team with Addition of Norman Brame of Charlotte, NC
    April 29, 2024
    Axiom Commercial Finance, a subsidiary of Axiom Bank, a Maitland-based bank, has just expanded its team once again, with the hiring of Norman Brame as Vice President, Business Development Officer in its factoring division, headquartered in Dallas.
  • Altriarch Empowers Dozens of Businesses Through Innovative Finance Strategies for Factors
    April 29, 2024
    Altriarch Asset Management, LLC (“Altriarch”), a private credit manager headquartered in Charleston, South Carolina, continues to redefine the landscape of factoring with its innovative and bespoke financing solutions in 2024.
  • Business First Bancshares, Inc. to Acquire Oakwood Bancshares, Inc. and Oakwood Bank
    April 29, 2024
    Business First Bancshares, Inc. (NASDAQ: BFST) (“Business First” or the “Company”), the holding company for b1BANK, today announced that it entered into a definitive agreement to acquire Oakwood Bancshares, Inc. and its wholly-owned bank subsidiary, Oakwood Bank (together, Oakwood), in an all-stock transaction for total consideration value of approximately $85.7 million based on the Company’s closing price of $21.57 per share on April 22, 2024.
  • Brightwood Capital Provides Financing to Accelerate Allegiance Mobile Health’s Growth Strategy
    April 29, 2024
    Allegiance Mobile Health (the “Company” or “AMH”), the largest private Texas-based provider of medical transportation and 911 emergency services, and Brightwood Capital Advisors, LLC (“Brightwood”), a private credit firm with over $5 billion in assets under management, today announced that Brightwood provided AMH with debt and equity financing to support the Company’s organic and inorganic growth strategy.
  • Conterra Networks Completes $580 Million Debt Capital Raise
    April 29, 2024
    Conterra Ultra Broadband Holdings, Inc. ("Conterra Networks", "Conterra" or "the Company"), a national leader in providing fiber-optic network-based infrastructure and services, announced today the completion of a debt capital raise totaling $580 million, which will be used to refinance existing credit facilities, optimize Conterra's capital structure, and provide additional capacity to support Conterra's growth.
  • Tillman Infrastructure Secures $1 Billion in Financing to Drive Growth
    April 29, 2024
    Tillman Infrastructure, LLC ("Tillman Infrastructure"), a leading provider of wireless communication infrastructure, today announced the successful completion of a financing package totaling $1 billion. The proceeds will be used to refinance existing loans and provide additional growth capital to support its wireless carrier and wireless internet service provider (WISP) customers' infrastructure needs.