News

First-Citizens Bank & Trust, the wholly owned banking subsidiary of First Citizens BancShares, plans to develop a new Boston area location for its consumer, wealth and business banking clients with the purchase of a new property. First Citizens will redevelop...

Republic Business Credit (RBC), a national commercial finance company offering working capital financing, provided a $5 million factoring facility to support the growth of a fleet management services company.  The company was recently acquired by a private equity sponsor that...

nFusion Capital, a provider of financing solutions to small and middle-market businesses, provided a $2 million factoring facility to a civil engineering contractor operating in Texas and Louisiana. The flexible financing will provide liquidity to support the company’s expansion into...

Assembled Brands announced a new credit facility with Supergut, a gut-health brand that supports whole-body wellness and longevity with fiber-based solutions. The facility is designed to bolster Supergut's mission to supercharge health through a focus on the gut microbiome. This...

Pasadena Private Lending (PPL), a provider of senior secured business loans to successful entrepreneurs nationwide, closed on a new $150 million credit facility with KeyBank, expandable to $300 million. This new facility grows PPL’s overall capital base from $160 million...

SLR Healthcare ABL (SLRHC) provided a $15 million asset-based revolving credit facility to a tech-enabled specialty pharmacy focused on women’s health with experience and market leadership in fertility treatment. The opportunity was referred to SLRHC by a private equity sponsor...

Viola Credit, a global multi-strategy credit asset manager focused on the innovation economy, completed the final close of its latest fundraise for its third asset-based lending strategy. The fund is oversubscribed at $2 billion of committed and investable capital, including...

Crestline Investors, a global alternative investment manager, launched Crestline Lending Solutions Fund (CLSF), a perpetual private BDC that utilizes the firm’s longstanding private credit expertise seeking to deliver income and incremental alpha through a focus on core and lower middle...

BMG Money secured a $300 million financing facility with Utah-based WebBank, a national issuer of consumer credit products, and Waterfall Asset Management. This new facility, combined with BMG Money’s existing warehouse lines and forward flow arrangements, brings the company's total...

First Citizens Bank’s healthcare finance business provided a $338 million in financing to affiliates of Autumn Lake Healthcare for the acquisition of a real estate portfolio totaling 12 Maryland skilled nursing facilities including over 1500 beds. “The First Citizens team...