Today’s News

    Money Chest Agents $10MM DIP for Loot Crate

    Loot Crate’s first day motions were approved on an interim basis by the U.S. Bankruptcy Court. The Court authorized interim approval of the company’s $10 million DIP financing.

    Lozano Joins TAB Bank Business Development Team

    TAB Bank has added Rocky Lozano to its business development team as vice president and business development officer.

    Tiger Provides $10MM Term Loan for francesca’s

    Retailer francesca’s entered into a second lien term loan credit agreement with Tiger Finance.

    Tradewind Provides $1.4MM Facility to Kitchenware Company

    Tradewind has provided a $1.4 million credit facility to a home fashion products company based in Shanghai that designs and sells kitchen utensils and home accessories to buyers located domestically and in the U.S. and Europe.

    Funding Circle Surpasses $10B in Global Small Business Loan

    Funding Circle has loaned more than $10 billion to small businesses globally through its platform in less than a decade.

    Merino Joins Ankura as Senior Managing Director/Healthcare

    Ankura has appointed Richard Merino as senior managing director.

    Georgia Community Banks Clear Regulatory Hurdles for Merger

    Heritage Bancorporation and Providence Bank have received regulatory approvals for their merger of equals as well as shareholder approval from each of the three organizations.

    Crescent Provides Unitranche to Support Hanson Wade Acquisition

    Crescent Capital Group has provided unitranche financing to support the acquisition of Hanson Wade by UK-based private equity firm Graphite Capital. Terms of the transaction were not disclosed.

    CIT Arranges $60MM Facility for Partners Pharmacy

    CIT Group’s Healthcare Finance unit has served as sole lead arranger on a $60 million senior secured credit facility to Partners Pharmacy.

    Capital One Adds Schmill to Gov’t Contracting Banking Team

    Larry Schmill has joined Capital One’s Government Contracting Banking Group as a managing director, Aerospace, Defense and Government Services, based in Los Angeles.