LSQ, a leading provider of working capital and payments management solutions, recently originated a $20 million account receivable credit facility for an Ohio-based aerospace tooling and precision assemblies manufacturer.

FGI Worldwide LLC (“FGI”), a global leader in commercial finance, today announced that ExpoCredit Financial Group (“ExpoCredit”), a leading invoice factoring company since 1998, has selected FGI’s T.R.U.S.T.™ platform to automate the monitoring, managing and maintenance of internal and client-held credit insurance policies.

Moritt Hock & Hamroff announced today the addition of three attorneys continuing the growth that the firm has experienced over the past year.

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 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 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 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 (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 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.

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 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. (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 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.

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 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 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 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 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 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. (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.