News

SouthState welcomed a large group of new hires, expanding its roster of experienced bankers committed to serving clients across nine states. “We believe our team members are our greatest asset, and this crop of new hires bring not only impressive...

Advantage Business Capital, a subsidiary of Central Bank, provided a $2.5 million asset-based loan credit facility to an early-stage food manufacturer. Due to rapid sales growth across multiple SKUs, management requested a non-dilutive working capital facility, which Advantage Business Capital...

Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the growth of Narrative Strategies, an existing portfolio company of Clarion Capital Partners.

Porter Capital, a provider of working capital solutions, added Roger S. Welker as senior vice president. With more than 35 years of experience in commercial finance, Welker brings deep expertise in factoring, asset-based lending and relationship-driven business development. “At Porter,...

Aurora added an office in Denver. Director Greg Baker, who has been with Aurora Management Partners for the past 10 years in the Atlanta office, has recently relocated to the Denver area and will lead the firm’s presence in the...

King Trade Capital welcomed back a past client to support seasonal sales by providing a $2.5 million purchase order finance facility. When the client quickly needed a purchase order finance solution to fulfill purchase orders from a retail partner, King...

GLC Advisors, an independent investment bank focused on M&A and restructuring advisory, appointed Eric Coombs as managing director and head of its capital markets advisory practice. Coombs brings more than 25 years of leveraged finance experience, having built loan capital...

Lincoln Financial, a provider of insurance, annuities, group benefits and retirement solutions, launched its new private market fund, the Lincoln Bain Capital Total Credit Fund. The new evergreen fund, developed in partnership with Bain Capital, a global private investment firm,...

Ultimate Finance appointed Paul Hansen in the newly-created role of asset finance sales director. Hansen brings over 30 years’ asset finance sales experience, including more than a decade in senior leadership roles across both lenders and brokerages. He will lead...

State Street Investment Management, the asset management business of State Street, launched the State Street Short Duration IG Public & Private Credit ETF (PRSD). The fund is an actively managed short-term core bond solution, primarily allocating to investment grade debt...