News

Salem Five’s business credit team has successfully structured a $6 million credit facility for Magnus Texx, an Acton-based manufacturer and distributor of institutional textile and sustainable single-use disposable products. This new funding specifically targets working capital flexibility, allowing Magnus to deepen relationships...

Southern Realty Trust, a lender on the Tannenbaum Capital Group (TCG) real estate platform, expanded its senior secured revolving credit facility with the addition of Customers Bank. Customers Bank has committed $25 million to the facility, bringing total committed capital...

Gordon Brothers, the global asset experts, has been retained by Grocery Outlet to market a portfolio of retail leaseholds and related furniture, fixtures and equipment across California, Idaho, Pennsylvania, New Jersey, Maryland and Ohio. The engagement supports Grocery Outlet’s store...

TAB Bank closed a $2.5 million asset-based lending facility, which includes a $1.5 million inventory subline for Precision Assembly. The capital provided from this credit facility will create opportunities for Precision Assembly to accelerate growth, while advancing their goals of...

Prestige Capital appointed David B. Culotta as chief operating officer. In this role, Culotta will oversee operational strategy, enhance credit and risk management frameworks and support the firm’s continued growth within the invoice factoring sector. Culotta joined Prestige Capital in...

Emily Karr and Susan Bock have joined Buchalter as corporate partners in its Portland office. “We are thrilled to welcome Emily and Susan to the firm,” Adam Bass, president and CEO at Buchalter, said. “With the addition of Susan, Emily...

J. Emmett Murphy has rejoined King & Spalding as a partner in the business litigation practice group. He is based in the New York office. Murphy’s practice focuses on professional liability litigation and regulatory matters, securities class actions and complex...

International law firm BCLP added partner Abbey Raish to the firm’s corporate transactions practice, where she will focus on capital markets, securities and sustainability matters. Raish joins BCLP from Kirkland & Ellis and brings more than a decade of experience advising on...

Eclipse Business Capital (EBC) closed a $30 million asset-based lending credit facility to a provider of aesthetic products in the health and beauty industry. The credit facility is secured by accounts receivable and inventory. The transaction enhances the company’s liquidity...

Small business filings, captured as subchapter V elections within Chapter 11, increased 91% in February 2026 to 314, up from 164 the previous year, according to data provided by Epiq AACER, a provider of U.S. bankruptcy filing data. Commercial Chapter...