News

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...

Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the growth of Narrative Strategies, an existing portfolio company of Clarion Capital Partners.

Porter Capital, a provider of working capital solutions, added Roger S. Welker as senior vice president. With more than 35 years of experience in commercial finance, Welker brings deep expertise in factoring, asset-based lending and relationship-driven business development. “At Porter,...

Aurora added an office in Denver. Director Greg Baker, who has been with Aurora Management Partners for the past 10 years in the Atlanta office, has recently relocated to the Denver area and will lead the firm’s presence in the...

King Trade Capital welcomed back a past client to support seasonal sales by providing a $2.5 million purchase order finance facility. When the client quickly needed a purchase order finance solution to fulfill purchase orders from a retail partner, King...