News

Essex Capital Group closed a new $3 million debt facility for MBC Boston. The financing supported MBC’s build-out and launch of a new airport concession operation at Boston Logan International Airport. “Essex and MBC have collaborated closely over the past...

SLR Business Credit (SLRBC) provided a new asset-based revolving credit facility to Certified Organic Direct (COD), an organic and clean ingredients sourcing agent serving the food manufacturing and food service industries. This revolving credit facility, which refinances an existing ABL...

Winston & Strawn elevated 18 of its lawyers to partner. These accomplished lawyers represent 10 practice areas and nine offices globally. “Our newly elevated partners embody Winston’s commitment to excellence and leadership in the legal profession,” Steve D’Amore, chairman of...

B. Riley Securities, a middle market investment bank, served as sole bookrunner to Gladstone Investment in the closing of its $60 million principal amount of 6.875% unsecured notes due 2028. The company plans to allocate the proceeds from this offering...

NexBank Capital, a financial holding company based in Dallas, promoted Michelle Johnson from senior vice president to executive vice president, chief administrative officer of the company. In her expanded role, Johnson will align and streamline the core support functions of...

SBS, a global banking software company powering the wholesale financing and digital audit operations of auto and equipment manufacturers and lenders, and Vero Technologies, a provider of digital operating systems for floorplan financing, expanded their work together through new partnerships...

The proposed combination of Pinnacle Financial Partners and Synovus Financial has received regulatory approval from the board of governors of the Federal Reserve System. With shareholders of each company approving the merger on Nov. 6, 2025, Pinnacle and Synovus anticipate...

Heritage Global Partners (HGP), a subsidiary of Heritage Global and a worldwide company in asset advisory and auction services, has been appointed by the U.S. Bankruptcy Court for the District of Delaware (Case No. 1:25-bk-11516) to conduct an auction of...

The Hedaya Capital Group recently provided a $750,000 factoring facility to a Texas-based IT staffing and software consulting firm, which works with Fortune 500 companies on both a temporary and permanent basis. Recently, several of the company’s clients began expanding...

Provident Bank, a New Jersey-based financial institution, and The Provident Bank Foundation (PBF), have partnered to launch a Crisis Response Fund supporting nonprofit organizations combating food insecurity across the Bank’s footprint. Through this initiative, Provident and PBF are jointly investing...