News

NexPoint Residential Trust, through its operating partnership, closed on the refinancing of its existing corporate revolving credit facility with J.P. Morgan Chase Bank, Raymond James Bank, Royal Bank of Canada and Synovus. The refinanced credit facility has an initial maturity of June 2028 that...

Culain Capital Funding closed and funded a $2.5 million accounts receivable financing facility for a commercial laundry service provider based in New Jersey. The new facility provides critical working capital to help the company take on larger contracts and continue...

Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility and equity co-investment to support the acquisition of Caputo Cheese by Tilia Holdings. Founded in 1978 and headquartered in Melrose Park, IL,...

Asset-based lender Ultimate Finance has expanded its structured finance proposition with the introduction of a new commercial property loan, designed to meet growing demand for multi-asset funding solutions. The new facility offers businesses access to up to £3 million on...

Susser Bank has appointed Carl Cravens as president and chief banking officer, effective immediately. In this expanded role, Cravens will continue to report directly to Sam L. Susser, chairman and CEO, and assume responsibility for all commercial banking, credit functions...

Sallyport Commercial Finance supported the launch of a new AI-driven integrated distribution and wholesale business with a $1 million accounts receivable facility. A spin-off venture from a long-time client, this new endeavor was created to bring an innovative, integrated product...

A growing luxury apparel company found itself in need of additional working capital to meet large orders from major U.S. retailers. Referred by an existing Gateway client, the company reach out to Gateway Trade Funding for a solution. Gateway stepped...

Moore, a constituent experience management company, has appointed Maureen McNally as chief digital growth officer. In this newly created role, McNally will lead efforts to scale revenue for Moore’s extensive digital marketing capabilities and expand the impact of SimioCloud, the...

Edgar Matthews added Caleb Jackson as a senior member of its investment banking team, a move aimed at further enhancing its growing capabilities across capital solutions and strategic advisory for financial services companies and financial sponsors. Jackson brings to Edgar...

Towpath Credit Union has successfully completed a comprehensive digital transformation using the Alkami Digital Banking Platform by Alkami Technology, a cloud-based digital banking solutions provider for financial institutions in the United States. The credit union, headquartered in Northeast Ohio, executed...