Today’s News

Last Updated: Tuesday, October 21, 2014, 8:26 am

Gemino Provides Southern Regional Revolver

Gemino Healthcare Finance announced it provided a $25 million secured revolving line of credit to Southern Regional Health System. Proceeds are being used for working capital purposes.

BB&T Promotes Lewis to ABL Group

BB&T promoted Steve Lewis to national sales manager for its Commercial Finance division’s ABL group.

GE Capital Leads $120MM Schumacher Group Facility

GE Capital’s Healthcare Financial Services announced it is serving as the administrative agent on a $120 million senior credit facility for Schumacher Group.

Fifth Third Extends More Than $8.5B in Q3/14 Credit

Fifth Third Bank extended more than $8.5 billion in new and renewed credit to business customers from July through September 2014.

A&M Adds Media Veteran

Alvarez & Marsal added media industry veteran Peter Cosco to its Performance Improvement practice, further enhancing the firm’s expertise in the media, entertainment and sports sectors.

GE Capital Provides $30MM Venture Technologies Facility

GE Capital, CDF provided Venture Technologies with a $30 million senior secured working capital loan in order to support the company’s expected growth.

First Capital Closes $7.8MM Facility for Tapco Circuit

First Capital announced it provided a $7.8 million credit facility to Tapco Circuit Supply. The facility consists of a $7 million revolver and an $800,000 term loan.

McKenna Associate Named to 2014 40 Under 40

McKenna Long & Aldridge announced Alison Elko Franklin, an associate with the firm’s Bankruptcy practice, was named among Atlanta’s top 40 Under 40 by the Atlanta Business Chronicle .

GE Capital Agents Bird Electric Enterprises Financing

GE Capital is providing a $50 million credit facility to Bird Electric Enterprises. The facility will be used for general working capital and to support a majority investment by a private investment firm.

SVB Provides Fiksu Mezzanine Debt Funding

Fiksu secured $10 million in mezzanine debt funding from Silicon Valley Bank.