News

MONTICELLOAM, a seniors housing and multifamily bridge lending platform, along with firm affiliates, provided $195.7 million in bridge, mezzanine and working capital financing to a skilled nursing portfolio throughout Virginia and Indiana. The Sponsor Group, a repeat MONTICELLOAM client, will...

Pathward, a subsidiary of Pathward Financial, was named Partner Bank of the Year as part of The Big Bank Theory Awards 2026, presented by Tearsheet, the company announced. The awards program recognizes innovation in banking and embedded finance. The Partner...

Siena Lending Group closed a $52.5 million credit facility to support the refinancing and working capital for growth of a food distribution company. The transaction presented Siena with an opportunity to leverage the company’s entire balance sheet (accounts receivable, inventory,...

Skylight expanded its credit facility to $75 million. The $25 million increase comes from SG Credit Partners alongside Wingspire Capital and will help Skylight widen its product lineup and move into more channels and markets. “Families have always been at...

Mountain Ridge Capital (MRC), an asset-based commercial finance company, promoted Dylan Walter to vice president of originations. Walter joined MCR in underwriting and portfolio management in 2022, after holding senior roles at UMB Bank and several leading advisory firms. With...

White Oak Commercial Finance (WOCF), an affiliate of White Oak Global Advisors, added Mark Buren to its originations team as managing director. Based in Baltimore, Buren will focus on originating asset-based lending opportunities and expanding WOCF’s relationships with borrowers and...

As businesses continue to contend with higher borrowing costs, persistent inflation and economic uncertainty, new data from the Secured Finance Network (SFNet) points to renewed momentum in asset-based lending. SFNet’s Q2/26 Asset-Based Lending Index and Lender Confidence Index show a...

Monroe Capital, a private credit asset manager, priced Monroe Capital PC CLO II, a $398.9 million collateralized loan obligation (CLO) transaction. The transaction represents Monroe’s second new-issue CLO completed in 2026 and its fourth CLO transaction over the past 12...

Carriage Services, a provider of funeral and cemetery services and merchandise in the United States, closed a new $300 million senior secured revolving credit facility. The new facility replaces Carriage’s existing $250 million senior secured revolving credit facility, increasing committed...

Power Solutions International (PSI), a company in the design, engineering and manufacture of emission-certified engines and power systems, entered into a new $220 million committed revolving credit facility. The new three-year credit facility increases PSI’s committed borrowing capacity from $135...