Eclipse Business Capital Upsizes Senior Credit Facility with Wells Fargo to $1.9B
Eclipse Business Capital (EBC) upsized its primary asset-based lending facility to $1.895 billion. The upsize, agented by Wells Fargo and...
Forward for Specialty Finance
Encina Lender Finance Partners With Structured Credit Fund to Provide $46MM First-Out Commitment
Encina Lender Finance provided a $46 million “first-out” commitment in partnership with a structured credit fund. The facility is secured...
Peapack Private Bank Welcomes Soffronoff as Enterprise Risk and Compliance Officer
Peapack-Gladstone Financial and Peapack Private Bank hired John Soffronoff as enterprise risk and compliance officer responsible for developing and maintaining...
TriState Capital Hires Eidmann as SVP, Relationship Manager for Growing Midwest Markets
TriState Capital Bank hired Brad Eidmann, CFA as senior vice president, relationship manager. Eidmann is responsible for establishing lending relationships,...
KBRA Private Credit Research: The ABCs of Revolving Credit Facilities
KBRA released a report exploring the mechanics, benefits and challenges of revolving credit facilities (RCF) within the structured credit market....
Experienced Wall Street Executives Join Squire Patton Boggs as Senior Advisors
Global law firm Squire Patton Boggs has added two experienced Wall Street professionals, Daniel Rudder and Nathan Romano, as senior...
Garnet Capital Closes Sale of Large Subprime Lease Portfolio
Garnet Capital Advisors, a company in the national loan sale market, closed the sale of a credit facility collateralized by...
Wells Fargo Expands Commercial Banking Transformation with Q2
Partnering with Q2, a provider of digital transformation solutions for financial services, Wells Fargo has launched a commercial banking platform...
Deane Appointed New Office Managing Attorney for Weltman in Philadelphia
Weltman, Weinberg & Reis, a full-service creditors’ rights law firm, appointed attorney Cameron Deane as the new office managing attorney...
BMO Joins IBM Quantum Network to Accelerate Innovation of Financial Services
BMO has joined the IBM Quantum Network, gaining access to IBM’s quantum infrastructure. This move enables the bank to develop...
