News

Business advisory firm Clear Thinking Group promoted Patrick Diercks to partner effective immediately.

Capital Southwest acted as sole administrative agent and lender for a first lien term loan for Capital Pawn Holdings, a portfolio company of The Capital Corporation.

First Business Capital closed and funded $3.3 million for refinancing for Pel-Freez Arkansas, a foods and biologicals intermediates company.

Sears Holdings has raised $100 million in new financing and is pursuing an additional $200 million. JPP, an affiliate of Sears Chairman Edward Lampert's hedge fund, ESL Investments,, has agented a $100 million term loan for the ailing retailer.

Crystal Financial completed a $45 million senior credit facility for CARite Holdings. Proceeds will be used to refinance existing debt and to fund lease portfolio growth.

Harte Hanks amended its credit facility with Texas Capital Bank, increasing the borrowing base to $22 million and extending the maturity date to April 17, 2020.

DTT closed an $80 million debt facility led by administrative agent Capital One and CapitalSource, a division of Pacific Western Bank.

The FDIC issued its winter issue of the “Underwriting Trends and Other Highlights” survey which focuses on trends in underwriting, loan growth and funding. _x000D_ _x000D_

Super G provided a $2 million non-dilutive second lien term loan to a sponsor-backed provider of employee healthcare management services.

Accutrac Capital acquired the portfolio assets of Sienna Transportation Finance, a New Jersey-based freight factoring company.