James Candy Company filed voluntary petition for relief under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the District of New Jersey.
The Financial Times reports that BBVA and two partners completed the first successful syndicated loan using blockchain technology.
Eastern Bank announced that Donald B. Lewis has joined its Commercial Lending Division as Senior Vice President, Head of Asset Based Lending.
Monroe Capital LLC acted as sole lead arranger and administrative agent on the funding of a $56 million senior credit facility to support the recapitalization of Nova Wildcat Amerock LLC by a private equity sponsor.
BB&T Corporation announced Senior Executive Vice President Dontá Wilson has been named chief digital and client experience officer.
Newtek Business Services announced that Premier Payments and Newtek Merchant Solutions closed $50 million in financing arranged by Webster Bank.
In October, CapitalPlus purchased approximately $5 million in receivables across numerous clients in numerous sectors of the construction and Oil & Gas industry.
GemCap provided an $8 million revolving credit facility to a wholesaler and distributor of fresh sweet potatoes as well as value added processed products.