News

CB Financial Services, the holding company of Community Bank, appointed Craig L. Kauffman has been appointed to the board of directors, effective Nov. 20, 2025. Kauffman was also appointed to the board of directors of Community Bank. In addition, Kauffman...

EBSC Lending provided a $27.1 million construction loan for a new multifamily community in Orlando. The fully entitled project is scheduled for completion in 2027. Construction is set to begin immediately. EBSC Lending arranged financing at an 8.75% interest rate,...

T-Max Lending has successfully arranged financing for the construction of a mixed-use commercial complex in Decatur, IL. The loan was structured at an 8.9% interest rate with an 85% loan-to-value (LTV), a 24-months term and a six-month extension option. The...

Private credit liquidity concerns surface as Blue Owl controversy highlights sector vulnerabilities The middle market debt landscape during the week ending November 23, 2025, was dominated by a high-profile controversy at Blue Owl Capital that exposed underlying tensions in private...

American Signature, a home furnishings retailer and the parent company of Value City Furniture and American Signature Furniture, filed voluntary petitions for Chapter 11 relief in the United States Bankruptcy Court for the District of Delaware. In order to maximize...

Eclipse Business Capital (EBC) provided a $450 million senior secured ABL credit facility to an established retailer. The credit facility is secured by accounts receivable and inventory. The transaction refinances the company’s bank-led credit facilities and provides additional liquidity for...

eCapital, a tech-enabled specialty finance provider serving small and midsize businesses across North America and the United Kingdom, has delivered a $6.5 million asset-based lending facility to support the growth and working capital needs of a home furnishings company based in...

CBB Bancorp, the parent company of Commonwealth Business Bank, appointed Seungho Park as president and CEO of both the company and the bank, effective Nov. 21, 2025. Park will be replacing Richard Koh, who served in this position since April...

CohnReznick, a professional services firm, added Milton Tse as an assurance partner. Based in the firm’s new San Francisco office, Tse brings more than 25 years of experience providing audit and advisory services to public and private companies in the...

Saul Van Beurden, currently CEO of consumer and small business banking at Wells Fargo, will lead AI for the company. In addition, Kleber Santos, currently CEO of Consumer lending, will take on expanded responsibilities and serve as co-CEO of consumer...