Gemino Healthcare Finance provided a $3 million mortgage term loan and a $750,000 asset-based revolving line of credit to a skilled nursing facility in the Midwest.
Grant Thornton will team with LLamasoft, an artificial intelligence-powered supply chain analytics software company, to combine Grant Thornton’s consulting experience in supply chain transformation and LLamasoft’s optimization technology and AI capabilities.
Barclays Bank agreed to increase the capacity of Velocity Financial’s subsidiary Velocity Commercial Capital’s existing warehouse repurchase facility to $300 million in order to support the company’s loan origination growth.
JPMorgan acted as sole bookrunner and lead arranger and will continue to serve as administrative agent and lender for an amended senior revolving credit facility for BRP Group. The amendment increased the committed line under the credit facility to $300 million.
Republic Business Credit partnered with a West Coast private equity group to provide a $4.5 million asset-based loan with an accordion of up to $7 million to support a food manufacturer.
NXT Capital closed a senior credit facility to finance The CapStreet Group and Ridgemont Equity Partners’ merger of Marco Group International and APE Companies.
Tiger Group will hold an online-only auction of pro-grade audiovisual gear on March 17. The equipment is from a production supplier known for its support of work on television and film productions.
Automated Financial Systems now offers a distributed server-based solution that will allow for a public cloud offering of AFSVision, which is the company’s real-time commercial lending platform.
Regions Bank received 13 Greenwich Awards for 2019 performance in middle market banking and small business/business banking, including best brand – ease of use in the middle market banking categories.
1st Commercial Credit, a factoring company that provides reverse factoring and supply chain financial solutions for business to business transactions, launched a vendor procurement card product with a $10 million credit limit.