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 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.
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.
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.
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 provided a $4.5 million factoring facility and a $500,000 purchase order funding facility to a producer of bakery-style dog treats.
King Trade Capital (KTC) provided a $2.5 million purchase order facility to support a provider of seasonal onsite flu vaccine clinics.
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.
The Truist Foundation is donating $1 million to support relief and recovery efforts for communities impacted by Hurricane Ian in Florida.
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.