SFNet: Deal Activity Slows for ABL, Portfolio Performance Stays Strong
Data from the Secured Finance Network revealed generally mixed results in the asset-based lending market for Q3/24, with the portfolio...
Forward for Specialty Finance
S&W Secures New $25MM Working Capital Facility with Mountain Ridge
S&W Seed closed a new $25 million revolving credit agreement with ABL OPCO (Mountain Ridge), which replaces an existing facility...
BriteCap Financial Appoints New VP of Digital Marketing
BriteCap Financial appointed Evan Day as vice president of digital marketing. Day has more than 15 years of experience with...
TScan Refinances Convertible Debt Facility with $52.5MM Term Loan from Silicon Valley Bank
TScan Therapeutics entered into a term loan facility with Silicon Valley Bank, a division of First Citizens Bank, for up...
PNC Bank et al. Agent Expansion of Credit Facilities for Cadre
Cadre closed a new credit agreement that provides senior secured credit facilities of up to $590 million and matures in...
SBA Grants SBLC Licenses to Four Lending Institutions
The U.S. Small Business Administration has granted Small Business Lending Company licenses to four lending institutions: Cooperative Business Services, A10...
Audax Provides Financing to Support Broad Sky’s Acquisition of Frontline
Audax Private Debt, as joint lead arranger, provided a unitranche credit facility to support Broad Sky Partners’ investment in Frontline...
Sallyport Commercial Finance Adds Sapolich to Sales Team
Sallyport Commercial Finance added Josh Sapolich to its sales team, according to a LinkedIn post from the company. Sapolich has...
Dechert et al. Advise Xerox on $1.5B Acquisition of Lexmark
Xerox Holdings agreed to acquire Lexmark International from Ninestar, PAG Asia Capital and Shanghai Shouda Investment Centre in a deal...
RBB Bancorp to Implement Senior Leadership Succession Plan and Transition Timeline
Effective Jan. 1, 2025, Johnny Lee, currently president and chief banking officer of Royal Business Bank, will be appointed as...
