News

North Mill Equipment Finance (NMEF), an independent commercial equipment lender and lessor headquartered in Norwalk, CT, reported $1.8 billion in total originations for 2025, including syndicated volume of $566 million. The record originations resulted in a doubling of assets under...

Squire Patton Boggs hired corporate lawyer Philip lee as a partner in its global corporate practice group in Singapore. Lee was previously Asia regional head of DLA Piper’s financial services sector, head of capital markets Asia Pacific and regional lead...

Coastal States Bank (CSB), a local community bank headquartered on Hilton Head Island, expanded into the Charleston market. This strategic move continues CSB’s growth in the Lowcountry, where the bank has served clients in Beaufort County for more than 20...

  Truist Financial Corporation announced that Mark Cuccinello has joined the company as Head of Structured Credit, overseeing Asset-Based Lending, Working Capital Solutions, and Equipment Finance. In this role, Cuccinello will help advance Truist's structured credit strategy by aligning more...

Eastern Bank welcomed Jarrad Herzog as a senior vice president, asset-based lending relationship manager. Herzog brings more than a decade of experience financing middle market companies through a variety of lending solutions, including commercial and industrial and asset-based lending. “Jarrad...

Chicago Atlantic acted as sole arranger and administrative agent in the closing of a $16.5 million senior secured term loan for Ocular Science, an affiliate of OSRX, a leading provider of compounded ophthalmic medications. “Ocular Science is a leading biotech...

Alterra IOS, a player in the industrial outdoor storage (IOS) sector that has acquired over 400 sites nationwide, closed a $100 million fund-level revolving credit facility from BMO. The facility is structured to complement the pace of Alterra’s acquisition pipeline...

DC BLOX, a provider of connected data center and fiber network solutions across the Southeastern United States, secured $240 million in HoldCo financing from Global Infrastructure Partners (GIP), a part of BlackRock. The facility provides growth capital for DC BLOX’s...

A new survey from Grant Thornton showed chief financial officers (CFOs) are responding to uncertainty by prioritizing investment in digital tools and automation and strengthening organizational agility to boost efficiency and unlock growth opportunities. According to Grant Thornton’s Q4/25 CFO...

Lorie K. Rupp, executive vice president and chief risk officer, will retire from First Citizens BankcShares following an exemplary 13-year career at the bank and more than 30 years in the financial services industry. BancShares plans for Tom Eklund, current...