Today’s News

    Rosenthal Expands Southeast Sales Team

    Rosenthal & Rosenthal appointed Leigh Lones as senior vice president, Southeast Regional sales manager, and Al Foster as vice president, business development officer.

    BFS Capital Taps Simmons as Chief Operating Officer

    BFS Capital has appointed Brian Simmons as chief operating officer.

    Bridgewater Bank Launches Equipment Finance Sector

    Twin Cities-based Bridgewater Bank has launched Bridgewater Equipment Finance.

    Preston Hollow Expands Originations & Asset Management Teams

    Preston Hollow Capital expanded its Originations and Asset Management groups with the addition of Ryan Chiriboga, Patrick Allen and Michelle Harris.

    Wells Fargo Agents $440MM Facility for MarineMax

    MarineMax has expanded its financing facility to provide for borrowings of up to $440 million from the previous limit of $400 million.

    Capital Southwest Supports Five Points Recap of GrammaTech

    Capital Southwest provided a revolving line of credit, a first lien term loan, and made an equity co-investment to support Five Points Capital recapitalization of GrammaTech.

    Raymond James Adds Kim to Health Care Investment Team

    Raymond James has hired experienced finance professional James Kim as managing director in the firm’s Health Care Investment Banking practice.

    Austin Provides $3MM Revolver to Telecommunications Company

    Austin Financial Services closed a $3 million ABL credit facility for a telecommunications company.

    PNC Provides $100MM Revolver to Ferroglobe

    PNC Bank closed a $100 million revolving credit facility for Ferroglobe.

    UMB Capital Finance Closes Two ABL Financings

    UMB Capital Finance, through Marquette Business Credit, closed asset based credit facilities for Midwest Quality Gloves and TJ Hale.

    Recent Headlines

    Barclays, Citi, Deutsche Amend American Airlines $2.842B Facilities

    UBS Fined for Misleading & Overcharging Clients for a Decade

    KeyBank Upsizes CoreSite Facility to $1.15B

    City National Bank Appoints Hariman to Succeed Beale as CIO

    Engler Named New SVP Member Service & Operations at TopLine