News

Plata, a Mexican financial technology company, secured a new financing of up to $500 million arranged by Nomura Securities International. The announcement comes as Plata continues to work towards launching operations as a bank, after having received its banking license authorization in December...

Treace Medical Concepts, a medical technology company, entered into a new, five-year $175 million senior secured loan arrangement with credit funds managed by SLR Capital Partners, consisting of $60 million in term loans funded at close, $65 million of additional...

TAB Bank closed a $7 million asset-based lending facility, which includes a $2.5 million inventory subline and a $70,000 term loan, for Certified Flux Solutions. The capital provided from this credit facility will allow Certified Flux Solutions to expand its...

Pathward has appointed Lawrence “Larry” Ridgway as managing director, business development. In this position, Ridgway is responsible for originating and structuring asset-based transactions to lower and middle-market companies throughout Illinois and the Chicagoland area. “Larry brings a wealth of experience...

White Oak Commercial Finance (WOCF), an affiliate of White Oak Global Advisors, has agented and closed an asset-based revolving credit facility to partially fund the acquisition of Ste. Michelle Wine Estates by the Wyckoff family, owner of diversified agribusinesses in...

Willis Lease Finance, a lessor of commercial aircraft engines and a global provider of aviation services, closed an investment partnership that will invest up to $600 million to fund Willis Lease’s credit strategy. This inaugural partnership with Liberty Mutual Investments...

Service Compression (SC), a provider of natural gas compression services to exploration and production companies, upsized its asset‑based loan (ABL) credit facility to $400 million, representing a $100 million increase from the prior facility. The upsized facility closed on Dec....

The Secured Finance Network (SFNet) has released its Q3/25 Asset-Based Lending Index and Lender Confidence Index, offering a snapshot of how the industry has remained strong despite tariff headwinds, a government shutdown, and private credit bankruptcies in the headlines. According...

Provident Bank, a New Jersey-based financial institution, appointed two executives and promoted two leaders. Satish Harikrishnan has been promoted to senior vice president, chief technology officer. In this role, Harikrishnan is responsible for setting and executing the bank’s technology strategy...

ServisFirst Bank, a subsidiary of ServisFirst Bancshares, expanded into Texas with the opening of a new office in Houston. To lead the bank’s entry into Texas, ServisFirst Bank has appointed Christopher Dvorachek as regional CEO, Texas and executive vice president....