Forward for Specialty Finance
2025 Dealmakers – Expansion
| LENDER | BORROWER | INDUSTRY | ROLE | AMOUNT (<$1B) | STRUCTURE | ABOUT THE DEAL |
|---|---|---|---|---|---|---|
| Access Capital | SOL Digital | Business Consulting & Staffing | Lender | $2.0 | Asset-based Lending Facility | To provide working capital to fuel next phase of expansion. |
| Altriarch Asset Management | LeasePoint | Equipment Financing | Lender | $40.0 | Incremental Funding | To support growth, providing capital to meet increasing demand and expand its operations |
| Amerisource Business Capital | NY-Based Construction Services Company | Construction Services | Lender | $18.0 | Senior Working Capital Facility | To support daily operations and long-term strategic goals |
| Barclays Bank | XP Factory | Entertainment / Leisure | Lender | $13.1 | Revolving Credit Facility | To lower borrowing costs, providing working capital for growth |
| BciCapital | Guzman Energy | Wholesale Power | Lender | $80.0 | Revolving Credit Facility | To provide additional liquidity and to enable expansion across the Western U.S |
| Cambridge Wilkinson | Small Business Lender | Specialty Finance | Lender | N/A | Senior Credit Facility | To fuel sustainable growth |
| CIBC | PharmaCorp | Pharmaceutical Compliance | Lender | $20.5 | Credit Agreement | To support acquisition strategy and the expansion of acquisition and operating platforms |
| CIBC Innovation Banking | Procurify | Spend Management Solutions | Growth Capital | $20.0 | Growth capital loan | To support development of procurement technologies to enhance spend transparency and efficiency |
| CIT Northbridge Credit | ADC Holdings | Automotive Aftermarket, Home goods & Health/Wellness | Lender | $40.0 | Credit Facility | To support pursuit of entrepreneurial opportunities and growth investments |
| Citi; TPG Angelo Gordon | Brex | Spend Management | Senior Lender; Participating Lender | $235.0 | Revolving Credit Facility | To support a recent growth acceleration and expand the ability to provide global corporate cards |
| Culain Capital | California-based Vegetation Management Company | Tree and Vegetation Management | Lender | $5.0 | Accounts Receivable Financing Facility | To provide working capital for fleet investment & equipment expansion, drive workforce growth and to seize new contracts |
| Dwight Funding | Specialty Food Subsidiary | Consumer Products | Line of Credit | $2.0 | Line of credit | To support expansion |
| East West Bank | Sunrise Realty | Real Estate | Agent & Initial Lender | $200.0 | Senior Revolving Credit Facility | To provide flexibility for strategic growth across Southern U.S. |
| eCapital | Recreational Products Manufacturer | Recreational Products | Lender | $25.0 | ABL Facility | To support scaling and working capital needs |
| First Citizens Bank | D.P. Nicoli | Steel Plate & Trench Shoring Rentals | Lender | $50.0 | Upsized Credit Facility | To fund growth and expansion |
| First Horizon Bank | 10 Federal | Automated Self-Storage Operations | Lender | $100.0 | Credit Facility | To support growth plans |
| Fortress Investment Group | SoFi Technologies | Fintech / Digital Financial Services | Lender | $2,000.0 | Loan Platform Agreement | To diversify toward less capital-intensive and more fee-based sources of revenue |
| Freeport Financial Partners, LLC | MAX Surgical Specialty Management | Medical | Lenders | $77.0 | Senior Credit Facility | To support growth and ability to form new partnerships |
| Gateway Trade Funding | Apparel Company | Apparel Industry | Lender | $1.5 | Purchase Order Facility | To acquire inventory and fulfill large purchase orders |
| GoldenTree Asset Management | Kashiv BioSciences, LLC | Biopharmaceuticals | Lender | $150.0 | Senior Secured Credit Agreement | To support infrastructure expansion, research and development initiatives and working capital needs |
| Great Rock Capital | Textile Company | Textile Manufacturing | Agent | $45.0 | Senior Secured Revolving Credit Facility | To enhance liquidity, fueling growth |
| Hancock Whitney Bank, UMB Bank and Texas Capital; CIBC | VFN Holdings | Fiber Infrastructure | Joint Arrangers; Documentation Agent | $240.0 | Credit Facility | To continue investment in fiber-to-the-home and dark fiber network solutions |
| Horizon Technology Finance | Ursa Space Systems | Satellite Intelligence | Lender | $10.0 | Venture Loan Facility | To supports expansion of AI-enabled satellite intelligence platform for government and commercial clients |
| ING | Layfayette Square | Investment Platform | Sole Sustainability Structuring Agent | $150.0 | Hybrid Credit Facility | To meet working capital needs |
| InterNex Capital | NYC-based Provider of Plumbing & Sewer Services | Plumbing & Sewer Services | Lender | $4.0 | Senior Secured Financing Facility | To provide growth capital |
| J.P. Morgan | FlexGen Power Systems | Energy Storage | Lender | $75.0 | Revolving Credit Facility | To reinforce ability to deliver advanced energy storage technologies |
| JPalmer Collective | Children's Toy Company | Children's Toys and Furnishings | Lender | $7.0 | Line of Credit | To support growth: expansion of product line and continued innovation |
| JPMorgan Chase | Cascade Private Capital Fund | Fund / Private Capital | Lender | $250.0 | Revolving Credit Facility | To support continued balance sheet growth |
| LBC Credit Partners | Centex Construction | Construction | Agent, Sole Lead Arranger | N/A | Senior Secured Credit Facility | To support the company’s rapid growth |
| Legacy Corporate Lending | Spray Products | Consumer Goods | Asset-Based Lender | $40.0 | Asset-Based Credit Facility | To support growth and working capital |
| Macquarie Capital | Surf Internet | Internet | Lender | $475.0 | Equity Funding & Debt Facility | To provide the ability to scale while maintaining long-term financial sustainability |
| MidCap Business Credit | Battery-based Power Supplies Manufacturer | Battery-based Energy | Lenders | $5.0 | Asset-Based Credit Facility | To provide additional liquidity to support growth plan |
| MidCap Financial | Evolv Technology | Security Technology | Lender | $75.0 | Credit Facility | To support general corporate purposes, including growing long-term demand for subscription sales model. |
| Mountain Ridge Capital | Alabama-based Recreational Vehicle Manufacturer | Recreational Vehicles | Lender | $20.0 | Senior Secured Credit Facility | To support working capital needs and help drive growth and operational initiatives |
| Needham Bank, First Citizens Bank | XS Financial | Cannabis | Lenders | $100.0 | Line of Credit | To fund additional capital expenditure and equipment leases with new and existing customers |
| Oxford Commercial Finance | Arizona Sheet Metal Fabricator | Manufacturing | Lender | $2.0 | Asset-Based Loan | To support working capital needs |
| City National Bank | Great Elm Capital | Finance | Lender | $50.0 | Amended Revolving Credit Facility | To reduce borrowing costs and enhance flexibility to fund attractive opportunities |
| Forbright Bank, Hudson Cove Capital | National Funding/FairSquare | Fintech / Specialty Lending | Borrower | $83.25 | Bank Line of Credit, Mezzanine Capital | To meet critical requirements for payroll, inventory, equipment, expansion opportunities or any other business expense |
| SLR Capital Partners, LLC | Pasadena Private Lending Inc. | Specialty Finance | Lenders | $50.0 | Secured Term Loan | To increase its portfolio and take advantage of market trends |
| Synovus Bank | nFusion Capital Finance, LLC | Commercial Finance | Agent | $125.0 | Credit Facility | To support growth in serving borrowers and investors. |
| Texas Capital | Culain Capital Funding | Factoring / Asset-Based Lending | Senior Lender | $30.0 | Senior Lending Facility | To expand working capital solutions, including accounts receivable financing and asset-based lending for middle-market companies |
| Porter Capital | Boston-Based Staffing Agency | Staffing (Life Sciences, Renewable Energy, IT) | Senior Lender | $8.0 | Credit Facility | To support operational expansion in staffing for high-demand sectors |
| Rosenthal Capital Group | California-based Amazon reseller | Beauty Products | Lender | $3.0 | ABL Facility | To significantly scale the business |
| Runway Growth Capital | Piano | Digital Management | Lead Lender | $70.0 | Senior Secured Term Loan Facility | To optimize platform, expand its market presence and support strategic growth initiatives |
| Sallyport Commercial Finance | Albertan Logistics & Freight Company | Logistics & Freight / Oilfield | Lender | $3.0 | Accounts Receivable Financing | To support daily working capital needs. |
| SG Credit Partners & Wingspire Capital | Skylight | Family-First Tecnnology | Lender | $50.0 | Loan | To meet increasing demand for company technology |
| Siena Lending Group | Pure Safety Group | Fall Protection | Lender | $27.5 | Asset-Based Credit Facility | To support working capital and growth |
| Silicon Valley Bank (SVB) | Bugcrowd | Cybersecurity | Lender | $50.0 | Growth capital facility | To scale AI-powered platform globally, fund innovation and support M&A opportunities |
| SLR Business Credit | Southern Group | Transportation | Lender | $50.0 | Credit Facilities | To accommodate the company’s growth trajectory |
| SLR Healthcare | National Healthcare Staffing Firm | Healthcare Staffing | Lender | $4.0 | Revolving Credit Facility | To support operations and strategic acquisitions |
| TAB Bank | Steel Capital Management | E-Commerce | Lender | $12.0 | Credit Facility | To scale business and support clients |
| Tiger Capital Group | ECommerce Tool Supplier | E Commerce Tools | Lender | $20.0 | Revolving Line of Credit | To support growth Initiatives |
| TradeCap Partners | West Coast Premium Food Importer | Food Ingredients | Lender | $1.0 | Purchase Order Facility | To accelerate its rapid growth with their largest client. |
| Trinity Capital | Cagent Vascular | Technology | Lender | $15.0 | Growth Capital | To support working capital needs to scale commercial infrastructure |
| Turning Rock Partners | Main Street Auto | Automotive Aftermarket Services | Lender | $60.0 | Growth Financing | To support expansion |
| Wells Fargo | Medalist Diversified REIT | Investment Trust / Real Estate | Lender | $4.0 | Line of Credit | To focus on high-quality acquisitions and operational efficiency within portfolio |
| Wells Fargo Capital Finance | Targeted Lending Co., LLC | Equipment Finance | Lenders | $75.0 | Senior Credit Facility | To capitalize on industry gap in strategic funding for small-ticket equipment loans |
| White Oak Commercial Finance | Utility Construction & Infrastructure Company | Construction & Infrastructure | Lender | $60.0 | Revolving Credit Facility | To meet working capital needs |
| Wilmington Savings Fund | WideOpenWest Finance (WOW!) | Broadband Services | Administrative Agent | $200.0 | Senior Term Loan | To help accelerate fiber Greenfield strategy |
| Wingspire Capital | UniVista Insurance | Insurance | Lender | $25.0 | Senior Secured Credit Facility | To support the company’s regional expansion. |
Other Dealmaker Categories
Advertiser Index
- Arch + Beam
- Ares Commercial Finance
- Asset Based Lending Consultants
- Avant Advisory
- Blank Rome, LLP
- Choate Hall & Stewart LLP
- Equify Financial
- Finsoft
- First Citizens Bank/CIT Commercial Services
- FTI Consulting
- GA Group
- Gordon Brothers
- Great Rock Capital
- Haversine Funding
- Legacy Corporate Lending LLC
- Mitsubishi HC Capital America
- Mountain Ridge Capital
- MUFG
- Northleaf Capital Partners
- Novo Advisors
- Parker, Hudson, Rainer & Dodds LLP
- Phoenix Management Services, a J.S. Held Company
- PKF O’Connor Davies
- PNC Bank
- Porter Capital
- Raistone Capital
- Republic Business Credit
- Setpoint
- Solifi
- SSG Capital Advisors
- TD Bank
- The Branford Group
- Thompson Coburn LLP
- Tiger Group
- TimeValue Software
- Wells Fargo
- White Oak Commercial Finance
