Phil Neuffer, Author at ABFJournal

Amazon and Lendistry Expand Amazon Community Lending Program

Amazon will roll out its Amazon Community Lending program as a long-term offering a year after the initiative’s pilot launch. In partnership with Lendistry, the program will continue to support urban and rural small businesses in socially and economically distressed communities.

Configure Partners Advises Kingswood on Acquisition Financing for Support Services Group

Configure Partners served as exclusive financing advisor to Kingswood Capital Management in securing committed debt capital to support its acquisition of Support Services Group, a provider of outsourced customer experience solutions.

September 30, 2022 Andrew Kovach | Configure Partners | Kingswood Capital Management | Mike Garvin | Support Services Group Phil Neuffer

BridgeBank Provides $30MM Revolver to Sitetracker as Part of $96MM Financing Package

Sitetracker, a provider of deployment operations management software for infrastructure providers, completed a new round of equity and debt financing totaling $96 million. The financing package includes a $30 million revolving credit facility from BridgeBank.

September 30, 2022 Bridgebank | Energize Ventures | Giuseppe Incitti | Kevin Stevens | Sitetracker Phil Neuffer

MidCap Increases Revolving Loan Commitment by $5MM for Medexus

As part of an amendment to Medexus Pharmaceuticals’ revolving credit facility, MidCap Funding IV Trust increased its loan commitment by $5 million, bringing the total facility’s capacity to $25 million.

September 30, 2022 Marcel Konrad | Medexus Pharmaceuticals | MidCap Funding IV Trust Phil Neuffer

ING, Wells Fargo, MUFG and Société Générale Expand Six One Commodities’ Revolver

Six One Commodities closed a one-year, $745 million revolving borrowing base credit facility, which was expanded from $540 million by the company’s existing financial institutions. ING Capital, Wells Fargo, MUFG and Société Générale are joint lead arrangers for the facility.

Express Trade Capital Provides $5MM in Funding to Specialty Dog Treat Producer

Express Trade Capital provided a $4.5 million factoring facility and a $500,000 purchase order funding facility to a producer of bakery-style dog treats.

September 30, 2022 Ashley Orlando | Express Trade Capital Phil Neuffer

King Trade Capital Provides $2.5MM PO Facility for Flu Vaccine Clinics

King Trade Capital (KTC) provided a $2.5 million purchase order facility to support a provider of seasonal onsite flu vaccine clinics.

September 30, 2022 King Trade Capital Phil Neuffer

More Than 20 Moritt Hock & Hamroff Attorneys Honored as Super Lawyers

A total of 20 attorneys from Moritt Hock & Hamroff were named New York Metro Super Lawyers and six were named New York Metro Super Lawyers Rising Stars for 2022.

Truist Foundation Donates $1MM for Hurricane Relief in Florida

The Truist Foundation is donating $1 million to support relief and recovery efforts for communities impacted by Hurricane Ian in Florida.

September 30, 2022 American Red Cross | Bill Rogers | Center for Disaster Philanthropy | Truist | Truist Foundation Phil Neuffer

Rose to Retire as Chief Credit Officer of Brookline Bancorp

M. Robert Rose, who has served as chief credit officer of Brookline Bancorp for 13 years, will retire on Nov. 1. Mark Meiklejohn will assume the role upon Rose’s retirement.

Author: Phil Neuffer