Renasant Closes $15MM ABL Revolver for B2B Firm

Renasant Business Credit closed a $15 million asset-based revolving line of credit for a privately-owned B2B service company headquartered in the Southeast.

KeyBank Agents $100MM Jernigan Capital Facility

Jernigan Capital entered into a $100 million secured revolving credit facility with a syndicate of banks led by KeyBank as administrative agent and Raymond James Bank as syndication agent.

Renasant and Metropolitan BancGroup to Merge

Renasant Corporation, the parent company of Renasant Bank, and Metropolitan BancGroup, the parent company of Metropolitan Bank, have signed a definitive merger agreement.

Renasant Bank Expands Asset-Based Lending Team

Renasant Bank said it expanded its Asset-Based Lending division with the addition of Dennis Phelps who has been appointed as SVP/relationship manager.

Renasant Bank’s ABL Team Expands

Renasant Bank expanded its ABL division with the addition of two new team members and the promotion of a third. John Willis and Brian Gagel have joined the business credit team.

Bates Joins Renasant’s ABL Team

Renasant Bank announced that Rechelle Bates joined its Business Credit Team — the bank’s ABL Division.

Renasant Implements Bayside’s CADENCE

Renasant Business Credit, the ABL division of Renasant Bank, and Bayside Business Solutions announced Renasant implemented Bayside’s CADENCE | Live platform to administer its ABL.