News

Guzman Energy, a wholesale power provider for U.S. communities seeking better power solutions, and BciCapital, the capital markets platform of City National Bank of Florida, closed an $80 million revolving credit facility on July 11, 2025. The new facility provides...

The U.S. economy showed notable resilience in the second quarter in the face of significant uncertainty, according to the national Citizens Business Conditions Index. The Q2/25 index reading of 50.2 indicates that business conditions remained modestly positive during the period. Despite the...

Caltius Structured Capital closed a debt and equity investment in Chula Vista-based Marine Group Boat Works (MGBW). The financing was used to support the buyout by co-founder and president Todd Roberts, who has joined forces with entrepreneurs Chip Besse, a...

NewtekOne’s consolidated subsidiary, Newtek ALP, amended its revolving credit facility with Capital One, which is employed to fund the origination of Alternative Loan Program (ALP) loans before they are placed into securitizations. The amendment provides for, among other things, a...

Dechert added Rebecca Lee as a partner in its Washington, D.C. office. Joining the global tax practice, Lee bolsters the firm’s tax capabilities in the investment management and financial services sectors. “Rebecca’s arrival is a testament to our strategic focus...

Haynes Boone welcomed litigation partners Gabriel Berg and Lauren Coppola to the firm’s New York office. Their arrival marks the 10th and 11th partners to join Haynes Boone in New York since the start of 2025. Berg and Coppola bring...

Seward & Kissel added Susanne Burstein to its maritime and transportation group as head of transportation finance. Over her two decades of legal practice, Burstein has focused on finance transactions across transportation sectors with a particular focus on shipping and...

First Business Bank’s floorplan financing group funded a $9 million inventory floorplan line of credit with an established automotive dealership in Florida. The dealer made the strategic decision to move its floorplan financing from a large regional bank to diversify...

PlainsCapital Bank added Travis Dibble to its corpus christi lending team as assistant vice president, commercial loan officer. He will be based at the bank’s Saratoga location. “Travis brings a strong foundation in commercial banking and a thoughtful, client-focused mindset...

Illiana Financial, an Illinois-based credit union, teamed up with InvestiFi, a digital investment platform, to integrate a full suite of investing tools, including stocks, ETFs and cryptocurrencies, directly through its online banking portal. This integration allows Illiana Financial members access...