News

CareCloud, a company in healthcare technology and AI-powered solutions for hospitals and medical practices nationwide, closed a new $10 million credit facility with Provident Bank on Sept. 3, 2025, approximately $8.3 million of which was drawn down at closing to...

Flagship Healthcare Trust, a Charlotte-based outpatient healthcare real estate investment trust, has expanded its syndicated senior revolving credit facilities arranged by Fifth Third Bank. The $500 million senior secured credit facility has a $175 million revolving credit facility and a...

Global law firm Clifford Chance has hired private equity partner Andrea Gede-Lange to its private equity practice, adding further U.S. capability to its global private capital offering. Joining from Fried Frank, Gede-Lange brings 20 years of experience representing private equity...

Independent Growth Finance (IGF), a provider of tailored asset-based lending (ABL) solutions for UK SMEs and mid-market businesses, has reported record financial results for the financial year ended March 31, 2025. IGF grew its senior bank facilities, increasing both the total...

Oak Valley Community Bank, a wholly-owned subsidiary of Oak Valley Bancorp, hired Heidy Bowers as vice president, commercial banking officer. She is based out of the Oakdale Office. Bowers brings 20 years of experience in the banking industry to her...

Summit Ridge Energy, a commercial solar company, closed a $305 million senior secured credit facility with Bank of America to support a portfolio of community solar projects across Illinois and Maryland, totaling 158 megawatts (MW) of capacity. The facility was...

Accel Entertainment, a provider of locals-focused gaming and one of the largest terminal operators in the United States, entered into a $900 million senior secured credit facility. The facility consists of a $300 million revolving credit facility and a $600...

Truist Financial appointed Jenna Kelly as head of the consumer and retail practice group within its corporate banking business and Travis Rhodes as North Carolina West regional president for its commercial banking business. Kelly has more than 30 years of...

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...