News

Starlab Space closed a credit facility led by Texas Capital. The company expects fundings drawn under the facility to support Starlab’s continued progress across its development plan, including long-lead investments aligned with program needs, and for general working capital. “Our...

Paul Burdiss, president and CEO of Zions Bancorporation’s Zions Bank division, operating in Utah, Idaho and Wyoming, will retire on Dec. 31, 2025. Burdiss joined Zions Bancorporation in 2015 as its executive vice president and chief financial officer, serving in...

Monroe Capital acted as joint lead arranger on the funding of a senior credit facility to support the investment in The Phia Group by private equity sponsor InTandem Capital Partners. Founded in 2000 and headquartered in Canton, MA, Phia empowers...

Caltius Structured Capital closed a $48.5 million debt and preferred equity investment in Laguna Hills, CA‐based American Window Film (AWF) in partnership with co‐investor Concentric Investment Partners. The financing was used to refinance existing debt, provide shareholder liquidity and provide...

GATX, together with Brookfield Infrastructure Partners and its institutional partners, received all required regulatory clearances to complete the transaction to acquire Wells Fargo’s rail operating lease portfolio. The transaction will be completed through a joint venture between GATX and Brookfield...

Horizon Bank, a commercial banking subsidiary of Horizon Bancorp, appointed Pam Zarazee as the senior vice president, director of human resources. Zarazee will be responsible for leading Horizon Bank’s human resource function and will have oversight of the bank’s talent...

eCapital, a tech-enabled specialty finance provider serving small and midsize businesses across North America and the United Kingdom, has delivered a $9 million freight factoring facility to support a specialized carrier with established operations serving North American supply chains. As...

The Hedaya Capital Group recently provided a $2.5 million factoring facility to a Maryland-based energy service company working to improve energy efficiency for industrial buildings, warehouses and offices as well as retail, hospitality and healthcare environments. The company’s founder, who...

Year-End Resilience: ABL Activity Persists Amid Regulatory Recalibration and Private Credit Compression The middle market lending ecosystem closed out 2025 with a notable contrast between steady deal activity in asset-based lending and increasingly compressed economics in the broader private credit...

Steward Partners, an employee-owned independent financial services firm specializing in comprehensive wealth management solutions, raised $475 million in strategic capital from Ares Credit funds, comprising a significant expansion of its lending relationship and a non-controlling minority investment. Ares joins Steward...