News

WesBanco, a diversified, multi-state bank holding company, named Amby Bauer Western Pennsylvania (WPA) market president and senior commercial banker, effective immediately. In this role, Bauer will lead the growth strategy for the WPA market, partnering with leaders across the bank...

SouthStar Capital funded a $4 million purchase order and accounts receivable financing facility for a newly formed subsidiary of a publicly traded energy company that is expanding into the HVAC installation sector. The subsidiary, established in early 2025, identified a...

Pathward, a national bank focused on financial access, released the list of winners of the Pathward Scholars Program in collaboration with the Arizona Community Foundation today. The Pathward Scholars Program provides funding to students pursuing post-secondary education, which they can...

Global law firm Greenberg Traurig has launched its 50th office. The firm has become licensed in the Abu Dhabi Global Market, an international financial center located in Abu Dhabi. The new office continues to expand the firm’s presence in the...

Standard Premium Finance, a specialty finance company, closed a revolving credit facility providing up to $115 million in borrowing capacity, incorporating an initial commitment of $75 million and an additional $40 million accordion feature. The syndication, led by First Horizon...

Amerisource Business Capital closed and funded a $3 million working capital facility for a North Dakota-based transportation and cargo company. The proceeds were used to provide working capital after the company’s previous lender imposed restrictive availability, limiting growth and operational...

Carleton, a provider of compliant loan calculation and disclosure solutions, released findings from a nationwide survey highlighting the lending industry’s perspectives on artificial intelligence (AI) in loan compliance and error detection. The results reveal a mix of optimism and caution,...

Calian, a mission critical solutions company focused on defense, space, healthcare and other strategic critical infrastructure sectors, closed a CDN$200 million debt facility with Royal Bank of Canada (RBC) as lead arranger, sole bookrunner and administrative agent; Fédération des Caisses...

Keepit, a cloud dedicated to SaaS data protection, upsized and refinanced its credit facilities amounting to $60 million from the Export and Investment Fund of Denmark (EIFO) and HSBC Innovation Banking. This move is designed to leverage the recent $50...

A timed online auction by Tiger Group on Oct. 9 features more than 45 excess chemical fleet truck tractors and trailers in 14 states, including 27 Freightliner assets in operation for less than a decade. “This national sale event is...