Citizens today named veteran banker Marc Lubelczyk as its New Hampshire and Vermont president, succeeding Joseph Carelli, who will retire from the bank effective May 2.

Altriarch Asset Management (“Altriarch”) is pleased to announce a $30 million senior credit facility, provided in partnership with Revere Capital Management ("Revere Capital"), to support the acquisition of a rapidly growing provider of rent-to-own financing solutions based in the Midwest (the “Company”). The facility also includes a $20 million accordion feature that would expand the total commitment amount to $50 million.

Natural Gas Services Group, Inc. (“NGS” or the “Company”), a premier provider of natural gas compression equipment, technology, and services to the energy industry, announced today it has closed on a $100 million expansion of its existing credit facility (the “Facility”), bringing the total commitments to $400 million with an enlarged accordion of $100 million.

Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, announced that it has amended and extended the maturity of its existing $625 million, five-year asset-based revolving credit facility through April 17, 2030.

Apollo (NYSE: APO) and Bullrock Energy Ventures (“Bullrock”) today announced that Apollo-managed funds (the “Apollo Funds”) have committed to fund up to $220 million for a new joint venture partnership with Bullrock related to a portfolio of community solar assets located in New York and New England.

US Capital Global announced today the appointment of Jullion Taylor as Vice President at its Miami office.

nFusion Capital recently provided a $1 Million Factoring Facility to help the owner of an excavation, site preparation, and demolition services provider launch a related company offering civil engineering solutions.

Gordon Brothers, the global asset experts, has acquired SIA Group, a leading asset valuation, advisory and trading firm in the U.K.

Tiger Capital Group’s lending platform, Tiger Finance, committed $95 million of capital in the first quarter to support an array of new clients’ strategic growth initiatives in sectors such as transportation, retail, wholesale and e-commerce.

Crayhill Capital Management – a $3 billion alternative asset management firm specializing in asset-based finance – announced the closing of Crayhill Principal Strategies Fund III with about $1.31 billion of capital commitments, including $162 million of committed co-investment capacity, exceeding its $1 billion target.

Maxim Commercial Capital (“Maxim”) announced exceptionally strong results for the first quarter of 2025, reporting a 150% increase in funding volume over the prior year’s period. Maxim is a national provider of loans and leases from $10,000 to $3 million collateralized by class 6 and 8 trucks, trailers, heavy equipment for the construction and agriculture industries, and real estate.

Mountain Ridge Capital ("MRC") is pleased to announce the closing of a $8.0 million senior secured credit facility to a New York based consumer products company. The MRC facility will be utilized for working capital purposes to achieve growth/operational objectives. MRC differentiated itself from competitors by providing certainty to close in an expedited time frame.

KCP Advisory Group, a leading turnaround consulting firm specializing in business advisory and financial restructuring, is pleased to announce that HBM Management Associates has officially joined the KCP team. This strategic move brings a group of senior professionals with deep turnaround and operational expertise into the firm, significantly enhancing KCP’s capabilities in guiding clients through complex challenges.

Assembled Brands Capital has provided Birddogs, a high-growth menswear brand with a strong direct-to-consumer footprint, with a new flexible credit facility. The financing will support Birddogs’ expansion into wholesale channels and continued omnichannel growth.

Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced the upsize of its leverage facility with KeyBank National Association, one of the nation's largest bank-based financial services institutions. The leverage facility, agented by KeyBank, provides more than $700 million of capital and includes the recent additions of new lending partners, OceanFirst Bank N.A. and HomeStreet Bank.

Nassau Financial Group (“Nassau”), a leader in Connecticut’s Insurtech community, today announced it is expanding its Nassau Reimagine program to support early and mid-stage startups with a new $10 million capital commitment. The program will target companies in Insurtech, Fintech, Retiretech, and other related sectors in Nassau’s primary business locations, including Connecticut and New York.

The Secured Finance Network (SFNet) has released its year-end Factoring Survey, which found a decline in factoring volume during the second half of 2024, but an overall positive sentiment moving forward in the face of economic uncertainty.

The Secured Finance Network (SFNet) has released results of its year-end factoring survey, which found a decline in factoring volume during the second half of 2024, but an overall positive sentiment moving forward in the face of economic uncertainty.

Invivyd (IVVD) has signed a $30 million term loan facility with Silicon Valley Bank, a division of First Citizens Bank. The deal allows for drawdown of capital in the future if certain conditions and milestones are met.

Ascend Performance Materials ("Ascend" or the "Company"), a leading producer of high-performance and durable engineered materials for everyday essentials and new technologies, announced today that, with the support of its key stakeholders, it has initiated Chapter 11 cases in the U.S. Bankruptcy Court for the Southern District of Texas.