News

Celtic Capital provided a $750,000 accounts receivable line of credit and a $516,200 equipment loan to meet the needs of its newest client, a South-Central United States manufacturer of eyeglass lenses. This company was seeking financing to pay off a...

Kodiak AI, a provider of AI-powered autonomous driving technology, completed the establishment of a new debt facility with Horizon Technology Finance, as noted in a Form 8-K that was filed with the SEC. Compared to Kodiak’s previous debt facility, the...

Amplify Energy closed its previously announced amended revolving credit facility. The amended senior secured reserve-based revolving credit facility, with Citizens Bank as the administrative agent, amends the company’s existing senior secured reserve-based revolving credit facility and extends the maturity to...

SHF, d/b/a Safe Harbor, a fintech company in providing banking, lending and financial services to the regulated cannabis and hemp industries, added two key executives to its leadership team. Stephen La Rosa joins Safe Harbor as senior vice president, lending...

First Financial Bancorp will close its previously announced acquisition of Chicago-based BankFinancial through an all-stock transaction, expanding First Financial’s presence in the Chicago market with its first retail consumer-focused locations. First Financial adds BankFinancial’s strong core deposit franchise, with 18...

Mitsubishi UFJ Financial Group (MUFG), a global financial group, elected Carolyn DuChene to the board of directors for MUFG Americas and the MUFG U.S. advisory board, effective Jan. 1, 2026. DuChene has nearly four decades of experience in bank supervision,...

Collegium Pharmaceutical closed its inaugural syndicated credit facility. The new aggregate $980 million credit facility will mature in 2030 and consists of a $580 million initial term loan, $300 million delayed draw term loan, and $100 million revolving credit facility....

Ramaco Resources’ principal bank lender, KeyBank, amended the company’s existing revolving credit agreement to increase the overall commitments under the facility to $500 million, including a $350 million revolving commitment and a $150 million accordion feature. The commitments under the...

Capital Bancorp renewed Ed Barry’s employment agreement through December 2027 and evolved its executive leadership structure designed to support the company’s long-term vision. In connection with the renewal of his employment contract, Barry will continue to serve as CEO of...

SouthStar Capital funded a $500,000 accounts receivable financing facility for a growing staffing services company supporting commercial property projects. The company has recently expanded its scope of work to include larger turnover and maintenance projects requiring licensed subcontractors and specialized...