News

Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the investment in Atlas Health by private equity sponsor InTandem Capital Partners.

OceanFirst Bank, the wholly owned subsidiary of OceanFirst Financial, welcomed two experienced commercial banking leaders to advance its strategy and accelerate commercial banking growth across its footprint. Andrew “Andy” Bregenzer has been named president of commercial banking and Eric R....

CohnReznick, a professional services firm, added David Unger as a tax partner in its private client services practice. Brad Berman also joined the firm as a partner in its federal tax services practice. Unger brings deep experience advising high-net-worth individuals,...

Oxane Partners, a technology-driven solutions provider to the private credit markets, recently hosted Engage 2026, its annual client forums in London and New York, bringing together 170+ senior credit professionals from global banks, private credit firms, and asset managers. Building...

Republic Business Credit, an asset-based lender, factor and wholly owned subsidiary of Renasant Bank, and Meritus Capital, specializing in the staffing industry for nearly three decades, both power new client intake on the XEN platform as part of their recent...

SouthStar Capital provided a $1 million invoice factoring facility for an industrial mechanical contractor, providing working capital to support continued growth, weekly payroll and project expenses. Previously self-funded, the contractor needed additional liquidity when one of its largest customers transitioned...

Valley National Bancorp, the parent company of Valley Bank, announced Nov. 9 that the Office of the Comptroller of the Currency (OCC) had approved the proposed merger of Providence Bank & Trust with and into Valley Bank, with Valley Bank...

The week’s clearest asset-based lending signal came from third-quarter reporting rather than new closings: borrowers laid bare how much liquidity now sits inside their ABL revolvers. ProFrac disclosed a borrowing base of roughly $245 million against $148 million drawn and...

Maple Bay Business Capital launched as a commercial finance firm focused on asset-based products and services for middle market companies. Founded by Joe Fobbe, a Chicago asset-based lending executive with nearly 30 years of industry experience, Maple Bay focuses on...

Entrepreneur Growth Capital (EGC) closed a $15 million asset-based line of credit to a Pennsylvania based chocolate and candy manufacturer. The company has grown organically and through acquisition and was traditionally bank financed. After losing its largest customer, it turned...