News

On April 30, 2026, Aurora Management Partners was appointed as receiver to Limestone University in the United States District Court for the District of South Carolina Spartanburg Division (Case # 7:26-cv-01274-DCC). Overseeing the University and its assets and operations are...

Two seasoned commercial bankers recently joined Washington Trust to serve the lending, banking and advisory needs of businesses throughout the region. Daniel Hagerty is vice president, commercial banking, focusing on providing tailored financing solutions for commercial and industrial (C&I) needs....

First American Bank appointed Courtney Joyce as a vice president of middle market commercial banking, based in the bank’s Orland Park, Illinois office. Joyce joins the commercial banking team from Wintrust Commercial Banking, where she spent nearly eight years working...

Southstar Capital closed a $500,000 invoice factoring facility for a Tennessee-based government subcontractor operating in the construction and facility services sector. With operations expanding into additional regions and contracts, the business required a flexible working capital solution to manage the...

Specialty finance industry veteran and risk management specialist Amity Mercado recently launched Countify Capital, where she will serve as CEO. The specialty lending firm provides flexible capital solutions for startups, small businesses and middle-market companies across the United States, offering...

Parafin, an embedded financial infrastructure company, renewed and upsized its warehouse credit facility. With Silicon Valley Bank, a division of First Citizens Bank (SVB); EverBank, which joins as a new A-note lender; and Trinity Capital, the expanded facility increases Parafin’s...

Wayne Coker, president and CEO of Advantage Business Capital, is transitioning to senior advisor. “I want to recognize and thank Wayne Coker for his tremendous leadership and impact as Advantage’s CEO for more than 32 years,” Robert Mrlik, president of...

Buyerlink, an online auction marketplace for performance-based marketing, secured a $40 million senior secured credit facility with Zions Bancorporation, dba California Bank & Trust (CB&T). The new credit facility enhances Buyerlink’s financial flexibility and strengthens its capital structure, supporting the...

Alphatec (ATEC), a spine-focused provider of innovative solutions dedicated to revolutionizing the approach to spine surgery, entered into a new credit facility, including a $125 million revolving credit facility and $175 million term loan A, led by JPMorgan Chase Bank...

Hercules Capital, a specialty financing provider to innovative venture, growth and established stage companies, made a strategic evolution of its executive leadership team to accelerate its next phase of growth and operational scaling. Effective May 18, 2026, Seth Meyer, who...