Hercules Capital Completes $250 Million Securitization

Hercules Capital Funding Trust 2019-1, an indirect subsidiary of Hercules Capital, issued $250 million in class A notes rated A(sf) by KBRA, backed by approximately $357.2 million of senior secured loans.

Spectre Closes Senior Debt Facility with Erste Bank

Spectre Cargo Solutions, through its Irish affiliate NGF Genesis, closed its first round of a long-term senior debt facility led by Erste Bank.

Stute Joins Perella Weinberg as Partner

Jeff Stute joined independent advisory firm Perella Weinberg Partners as a partner in its Advisory business in New York. In his new role, Stute will work closely with the global healthcare team.

Stephano Slack Promotes May, Kardish to Sr. Accountants

Accounting and consulting firm Stephano Slack promoted Ryan May and Matthew Kardish to the position of senior accountant.

Hutchinson Joins Lazard’s Middle Market TMT Group

Lazard hired Jason Hutchinson as a managing director on its Middle Market Telecommunications, Media & Technology group. Hutchinson will be based in San Francisco.

BofA Amends ABL Revolver for Footware Company Caleres

Bank of America served as administrative agent, collateral agent, documentation agent and lead issuing bank on an amendment to footwear company Caleres’ asset-based revolver, extending it to January 2024.

Deep Sea Provides $500K Loan to Nautilus Under Secured Facility

Nautilus Minerals received a loan from Deep Sea Mining Finance in the principal amount of $500,000 under its previously announced loan agreement, which provides for a secured structured credit facility of up to $34 million.

Utica Leaseco Closes $650K Lease for Agricultural Company

Utica Leaseco completed a $650,000 capital lease for a current customer during the week of January 14, 2019.

White Oak Agents Facility to Support GMF/Meridian Acquisitions

White Oak Healthcare Finance acted as sole lender and administrative agent on a senior credit facility to support the acquisition of assisted living/skilled nursing facilities by GMF Capital and Meridian Senior Living.

Survey: Small Businesses Look Forward to 2019 with Optimism

Eighty-three percent of business owners expect their business sales to increase over the next year, according to a new Q4 survey from financial services firm Quickbridge Funding.