News

Credibly, an AI-powered working capital company that champions small and medium-sized businesses (SMBs), secured over $260 million in new financing, further strengthening its capital base to support continued growth. The financing includes the successful completion of a new securitization transaction...

Quarterhill, a provider of tolling and enforcement solutions in the intelligent transportation system (ITS) industry, entered into a new $60 million senior secured credit facility with U.S. Private Credit Investments (PCI), a division of BTG Pactual Global Alternatives. The financing...

Republic Business Credit appointed Benton Hilbun and Merri Underwood to its growing team. Hilbun joins the originations team as senior vice president, business development officer, while Underwood joins the client management team as assistant vice president, account executive. “Benton and...

Blank Rome added Sean P. Coyle and Vijay S. Choksi as partners in the corporate, M&A and securities group and the cannabis industry team in its West Palm Beach office. Coyle and Choksi bring extensive experience advising clients on complex...

Tiger Group successfully liquified a complete geotechnical manufacturing facility in Roanoke, Virginia. In an online auction that closed last month, Tiger auctioned inventory along with machinery and equipment (M&E), tools, rolling stock and material-handling assets from the Roanoke plant of...

Blue Ridge Bank appointed Robert J. Campbell as Central Virginia market president. “We are thrilled to welcome Rob to the Blue Ridge Bank team. He brings a wealth of commercial banking expertise, a deep understanding of the Richmond market and...

Womble Bond Dickinson added Eric L. Muñoz to its finance, bankruptcy and restructuring practice group as a partner in Houston, strengthening its debt financing capabilities in the energy sector. Muñoz brings nearly 20 years of experience representing borrowers, issuers and...

Gateway Trade Funding, a direct lender focused on purchase order financing and stretch finance solutions, completed 25 stretch finance transactions totaling more than $7.7 million across a broad range of industries throughout the United States and Canada. The transactions provided...

Baker Garrington partners with an oilfield staffing company to provide a growing $1.5 million facility. Demand was there for the client. The challenge was having the capital in place to support that growth without slowing things down. The facility helped...

The private equity business within Goldman Sachs Alternatives acquired FGI Worldwide, a provider of working capital financing and trade credit insurance solutions. The acquisition enables FGI to accelerate its growth and expand its suite of financing, risk and Insurtech solutions...