News

Old National Bancorp aligned its commercial banking leadership structure to better match leadership roles and responsibilities with the capabilities, reach and complexity of its commercial clients. As part of this updated structure, Chris Doyle has joined Old National as president...

The American Bankruptcy Institute (ABI) launched the ABI Ascent Network, a new firmwide membership solution designed to help restructuring and insolvency practices streamline their overall access to ABI resources, enhance professional development and elevate their visibility within the industry. The...

B. Riley Securities, a full-service investment bank, served as exclusive financial advisor to Lindsey Systems in connection with a majority equity investment from First Reserve, a global private equity firm. First Reserve’s investment is intended to support Lindsey’s next phase...

Elevate Renewables, a developer and operator of energy infrastructure, closed a $50 million energy transition supplier finance facility arranged by Rabobank, a cooperative bank and a global company specializing in financing food, agribusiness and energy. The facility will support a...

Southstar Capital funded a $750,000 accounts receivable line of credit for a Southeast-based roofing and solar installation company. The company specializes in commercial solar installation and has recently expanded into the Northeast, securing new project work with a large energy...

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...

Quickpay Funding established a $150,000 accounts receivable factoring facility for an oilfield services company specializing in water hauling, skimming and disposal. The facility provides immediate working capital to support the company’s field operations and position it for continued growth. As...

The week ending April 11 delivered a complex mix of signals for middle market participants. The March Consumer Price Index report showed headline inflation surging 0.9% month-over-month and 3.3% on an annual basis—the highest since April 2024—driven overwhelmingly by a...

Republic Business Credit appointed Robert Meyers as CEO. Meyers, who has served as the company’s president and chief commercial officer for the past decade, succeeds co-founder Stewart Chesters, who will assume the role of president and serve as interim chief...

MidCap Financial, a commercial finance company focused on middle market transactions, provided a senior secured credit facility and equity co-invest to LB GTMA Opco (dba Core Equipment Group). Proceeds from the credit facility were used to finance the acquisition of...