News

Sallyport Commercial Finance delivered a $2 million non-notification factoring facility to a Canadian printing company. Referred to Sallyport through trusted peers in the alternative finance space, this family-run business required a flexible funding solution to repay its existing bank facility...

Community West Bancshares, the parent company of Community West Bank, completed its previously announced merger in which United Security Bancshares, the parent company of United Security Bank, merged with and into Community West Bancshares, with Community West Bancshares as the...

A litigation-focused law firm secured a $110 million credit facility from a group of capital providers including a specialty finance firm and an alternative asset manager, supported by a portfolio of litigation assets consisting primarily of class actions, mass torts,...

Aurora Management Partners was appointed as the chief restructuring officer to Sailormen in the Southern District of Florida United States Bankruptcy Court. Overseeing the company is David Baker, managing partner; Matthew Dossey, Greg Baker, and Travis Grody, directors; and Sophia...

BizCap, a national commercial finance and advisory firm, successfully structured and secured an $11.75 million financing package to support a strategic IT services acquisition for a confidential minority woman-owned IT services organization. The acquisition financing will enhance the company’s capabilities,...

Sawgrass Finance, the Ponte Vedra-based asset-based lender, provided a $5 million asset-based loan extended to a player in a heavily regulated industry based out of Southwest USA. When a traditional lender reduced its exposure to the cannabis sector, a distributor...

Alignment Credit, a provider of strategic credit solutions for growth and lower middle-market companies, acted as the sole lead arranger and administrative agent for a senior secured credit facility to GOAT Foods to refinance previous debt facilities and provide capital...

Monroe Capital acted as administrative agent and joint lead arranger on the funding of a senior credit facility to support the investment in Key Container by private equity sponsor Altamont Capital Partners.

Tiger Group added Stuart Kessler to its board of advisors, bringing 50 years of experience as a consultant, senior executive and creative problem-solver. Kessler will serve as an additional resource for Tiger teams that provide asset-value insights to lenders, inclusive...

Peapack-Gladstone Financial and Peapack Private Bank & Trust promoted Lisa Brandi to senior vice president, treasury management sales. In this role, Brandi is responsible for the development, management and expansion of a portfolio of commercial client relationships, as well as...