News

First Business Bank’s floorplan financing team funded a $1.2 million inventory floorplan line of credit with an established automotive dealership in Ohio. The dealer made the decision to return to First Business Bank after expanding to a much larger location....

Ultimate Finance formed a relationship with an established transport business, having supported the company with an invoice finance facility since 2017. When the business was acquired to become part of an international transport service solutions group, it turned to Ultimate...

SouthStar Capital funded a $5 million accounts receivable financing facility for an expanding global hair care brand. As demand for the company’s product line continued to rise, maintaining consistent cash flow became critical to support production, fulfill large purchase orders...

Rosenthal Capital Group (RCG), a private commercial finance firm in the United States, completed a $500,000 purchase order financing facility for a company that provides heavy equipment, vehicles, electronics, medical and laboratory equipment and construction materials to government departments and...

Getzler Henrich & Associates, the Hilco Global turnaround and restructuring practice, served as financial advisor to Presperse, a subsidiary of Sumitomo Corporation of Americas (SCOA), in its successful restructuring and the consensual resolution of current and future talc injury lawsuits,...

Robert Gould, a seasoned executive with deep experience in commercial and industrial asset solutions, has joined SB360 Capital Partners as executive vice president and head of the wholesale and industrial division. “We are thrilled to welcome Rob to SB360,” Aaron...

Eclipse Business Capital (EBC) financed a $40 million ABL facility to a coal producer. The credit facility is secured by accounts receivable and inventory. The transaction supports an acquisition and refinances the company’s existing credit facilities for ongoing working capital...

Värde Partners, a global investment firm specializing in credit and credit-related assets, elevated Missy Dolski to partner and global head of asset-based finance and hired Jim Lees as managing director, asset-based finance. These leadership appointments follow the launch of Värde’s...

Epsilon Energy closed a new and revised senior secured reserve-based revolving credit facility with Frost Bank as the administrative agent and Frost Bank and Texas Capital Bank as lenders. The new credit facility replaces the company’s previous credit facility. Term...

TriState Capital Bank added Ryan Kelly as vice president, national deposit solutions officer. In this Chicago-based role, Kelly will spearhead the development and delivery of customized deposit solutions for a diverse range of institutional clients, including financial institutions, corporations, universities...