News

BKON, a national cold brew coffee manufacturer, partnered with Republic Business Credit, a national commercial finance company offering working capital solutions, to continue its dynamic growth. Republic Business Credit provided BKON with a $2 million asset-based loan (ABL). The facility...

TPG Twin Brook served as administrative agent on Kinderhook Industries’ recent refinancing of Rental Equipment Investment.

Frederick Cristman and James Adams have joined Mayer Brown’s Washington D.C. office as partners in the firm’s global leveraged finance and private capital group. They join from Hogan Lovells and bring years of dealmaking experience in complex finance transactions. “Fred...

Churchill Asset Management, the U.S. asset management company of Nuveen Private Capital (NPC), added Brynjar Agnarsson as a managing director and senior investment strategist, focused on developing U.S. private credit solutions for EMEA investors. He will report to Michael Foley,...

Amerisource Business Capital closed and funded a $1.7 million senior credit facility for a paints and coatings company based in Ohio. The proceeds were used to support the acquisition of the business and to provide ongoing post-acquisition working capital. “We...

Essex Capital Group closed a $7 million working capital facility for a California-based SaaS technology company. “It was a pleasure working with the company’s first-class management team, generating a creative credit structure to fund ongoing working capital and growth capital...

First Citizens Bank’s announced today its healthcare finance business provided Stockdale Capital Partners with $38 million in first-mortgage debt to finance its acquisition of Willow Oaks Corporate Center, a 401,000-square-foot medical outpatient campus in Fairfax, VA. “With this financing, we...

Cornerstone Business Credit funded a $500,000 line of credit to a company that provides loss prevention training and management services. The company needed a line of credit to grow to the next level.

Extend, an artificial intelligence-powered spend and expense management platform, and PNC Bank, a diversified financial services organization, launched a new modern payment capabilities for PNC’s commercial clients. By enrolling their existing PNC Bank commercial cards, businesses can access Extend’s mobile...

PRN Funding has launched on the XEN platform to power its sales and underwriting. PRN Funding now conducts all origination, diligence and new client onboarding on XEN, streamlining how it manages prospects from application intake to final approval. “XEN has...