CRG Provides $10MM Upsize to Correvio Term Loan

Correvio Pharma amended its existing agreement with CRG Servicing to provide for an increase in capital. Under the terms of the amendment, Correvio is now eligible to receive up to an additional $10 million.

Sagard Amends $42MM Facility for Founders Advantage Capital

Founders Advantage Capital entered into an agreement with Sagard to amend its $42 million credit facility.

Wells Fargo Details Plan to Rebuild and Transform

Wells Fargo provided an update on the progress the company has made and is making as part of its transformation to build a better, stronger company in a new progress report available on its website.

Monroe Capital Supports Southfield Capital Acquisition of Protos

Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Protos Security and Securitime by private equity sponsor Southfield Capital.

Utica Closes $550K Capital Lease for Hemp Processor

Utica Leaseco completed a $550,000 capital lease during the week of March 4, 2019.

Hodve Arranges $30MM in Financing from Solar Capital to Support BAMFi

Solar Capital Partners and its affiliates will fund $30 million in second lien debt financing for BAMFi, a provider of fintech solutions. Hovde Group served as sole arranger and placement agent on the transaction.

Allied Closed $3MM Financing for Oil & Gas Company

Allied Affiliated Funding recently closed $3 million in receivables financing for a Texas-based oil and gas company.

Austin Provides $4.3MM ABL Facility to Drilling Tool Company

Austin Financial Services funded a $4.3 million asset-based credit facility for a drilling tool technology company in the oil and gas industry.

Amerisource Funds $600K Facility for Aerospace Parts Manufacturer

Amerisource Business Capital closed and funded a $600,000 credit facility for a New York based manufacturer of component parts for the aerospace, commercial, military and transportation industries.

Monroe Named Top Lower Mid-Market Lender by Private Debt Investor

Private Debt Investor once again selected Monroe Capital as the recipient of its 2018 Lower Mid-Market Lender of the Year Award in the Americas region.