News

RedRidge, a division of IMA Financial Group, unveiled a new brand identity, completing a transition to IMA Diligence Services. The rebranding reflects IMA’s capabilities in financial due diligence, lender diligence and transaction support, and reinforces its commitment to delivering advisory...

Government shutdown delays jobs data as private payrolls show first monthly decline since 2020 The week ending October 5, 2025, saw the federal government shutdown prevent release of September’s jobs report, leaving markets to interpret alternative data showing private payrolls...

Overall commercial filings registered 23,666 for the first nine months of 2025, representing a 4% increase from the commercial filing total of 22,705 during the same period in 2024, according to data provided by Epiq AACER, a provider of U.S....

Second Avenue Capital Partners, a provider of asset-based lending solutions, expanded its existing credit facility with Huntington Business Credit (HBC). The facility was upsized by $235 million, bringing the total to $700 million, to support the firm’s ongoing growth trajectory....

Verano, a multi-state cannabis company, closed a credit agreement agented by Chicago Atlantic Admin, with participation from a regional bank, to provide the company a revolving credit facility of $75 million. Upon closing the revolver, the company drew $50 million...

Assembled Brands, a provider of capital for growing consumer brands, provided a new credit facility to Seeq, a clear protein brand. The facility will provide Seeq with the working capital needed to accelerate its nationwide retail rollout, scale operations and...

eCapital, a tech-enabled specialty finance provider for small and medium-sized businesses across North America and the United Kingdom, delivered a $35 million payroll financing facility to support the growth and working capital needs of a staffing solutions provider. The business...

Pursuit Attractions and Hospitality has amended its 2025 credit facility, dated Jan. 3, 2025, to increase the borrowing capacity on its revolving credit facility by $100 million and extend the term by approximately nine months (to Sept. 25, 2030). “This...

Alico, effective Sept. 29, 2025, has amended its credit agreement with MetLife Investment Management for each of Metropolitan Life Insurance Company and New England Life Insurance, which, among other things, provides for $10 million of additional fixed rate borrowings. The...

B. Riley Securities, a middle market investment bank, served as joint lead book-running manager for Bit Digital’s public offering of $150 million aggregate principal amount of 4.00% convertible senior notes due 2030. The transaction included the underwriters’ full exercise of...