November Commercial Chapter 11 Filings Increase 50% Y/Y
According to data provided by Epiq Systems, commercial chapter 11 filings increased 50% in November 2018 over November of last...
Forward for Specialty Finance
CrowdOut Capital Provides $30MM Facility to Personiv
CrowdOut Capital completed a $30 million credit facility for Personiv, a business process outsourcer that employs over 2,500 employees in...
Crestmark Provides Over $37.4MM in Financing in H2/November
Crestmark secured over $37.4 million in commercial financing for 74 clients in the last half of November 2018.
Cambridge Bancorp, Optima Bank & Trust to Merge
Cambridge Bancorp, the holding company for Cambridge Trust, agreed to acquire Optima Bank & Trust, with Optima merging with and...
Balsiger Betts, Goarnisson Join Sidley Austin in Switzerland
Andreas Balsiger Betts and Olivier Goarnisson joined Sidley Austin as a senior advisor and a counsel in the life sciences...
Small Businesses End 2018 on High Note, Look to Expand in 2019
Most U.S. small business owners anticipated year-over-year revenue growth in 2018, with many indicating plans to expand in 2019, according...
Monroe Capital Supports TRP Acquisition of SSPM
Monroe Capital increased TRP Construction Group’s credit facility to support the latter’s acquisition of Southern States Pavement Markings.
Inspirus Credit Union Agrees to Merger with Gesa Credit Union
Inspirus Credit Union and Gesa Credit Union have agreed to merge, subject to regulatory approvals and member vote.
CIT Names Rubino President of CIT Bank, Head of Commercial Banking
CIT Group named Robert Rubino president of CIT Bank and head of Commercial Banking, effective February 25, 2019.
BofA, JPMorgan Chase Secure $150MM Revolver for Corcentric
Corcentric secured a $200 million senior credit facility, consisting of a $150 million revolver from Bank of America and JPMorgan...
