News

Alpine Ridge Funding, an accounts receivable commercial finance company, hired Tom Harris. Harris is a seasoned industry veteran in the factoring and asset-based lending market with nearly 30 years of experience delivering customized working capital solutions to businesses nationwide. With...

JPalmer Collective (JPC), an asset-based lending firm focused on empowering high-growth, women-led, and mission-driven companies, announced the closing of a $4 million line of credit to STATE Bags, the vibrant lifestyle brand known for its iconic, durable backpacks and its...

Monroe Capital acted as joint lead arranger on the funding of a senior credit facility to support the growth of Together Women’s Health by private equity sponsor Shore Capital Partners.

SouthStar Capital closed a $5 million accounts receivable financing facility for a privately owned oilfield services company operating in major U.S. energy-producing regions. The company provides specialized equipment and field services supporting completion and production operations for energy producers. With...

Richard “Rich” Sumida joined CohnReznick, a professional services firm, as a national assurance partner specializing in financial services. As a key member of the national assurance leadership team, Sumida will collaborate with engagement teams across the firm to transform complex...

Washington Trust is expanding and enhancing its focus on commercial banking with the addition of a dedicated institutional banking team to serve the unique needs of independent schools, private colleges and universities, healthcare and human service providers, and cultural institutions...

KeyCorp made several changes to its board of directors, reaffirming the board’s commitment to strong corporate governance and long-term shareholder value creation. The board will nominate Antonio “Tony” DeSpirito and Christopher L. “Chris” Henson for election as directors at KeyCorp’s...

King & Spalding added Chris Montgomery to its finance and restructuring practice group as a partner. Based in the firm’s New York office, Montgomery represents lenders and sponsors on the full spectrum of fund finance transactions. “Chris brings deep experience...

Hilco Global’s real estate capital practice has provided a $47.5 million loan to support the recapitalization and continued development of The Bend, a mixed-use riverfront project in Chattanooga, TN, sponsored by Urban Story Ventures (USV). The financing supports the next...

First Business Bank’s accounts receivable financing group announces the funding of a $1 million factoring facility for a client that performs collections and equipment recovery services for major cable and satellite TV companies. The facility provides essential working capital to...