News

Cresco Labs obtained commitments to refinance its senior secured credit facility. The refinancing, upon closing, will provide for a new senior secured term loan totaling $325 million, bearing an interest rate of 12.5% per annum, and maturing on the fifth...

PreFix, an Austin-based company whose innovative systems aim to reduce the costs and hassles of homeownership, landed a multi-million-dollar growth financing package through Decathlon Capital Partners. The additional funding will support expansion into new markets as well as growth of the...

Wells Fargo expanded its relationship to deploy agentic AI tools across the bank. As an early adopter of Google Agentspace, Wells Fargo aims to equip teams with AI agents that will help improve the customer experience, automate routine tasks and...

Monroe Capital and Horizon Technology Finance, both business development companies (BCD) managed by affiliates of Monroe Capital, have entered into an agreement under which MRCC would merge with and into HRZN, subject to the receipt of certain shareholder approvals and...

Comvest Credit Partners, a provider of flexible direct financing solutions to middle-market companies, acted as administrative agent on a $245 million senior secured credit facility for Allied OMS, a Southlake, TX-based management services organization (MSO) focused on oral and maxillofacial...

Haversine Funding, a leader in the commercial lender finance sector, is proud to announce that Farrah Vargas has joined the firm as Senior Director, Portfolio Management, effective this August. In this key leadership role, Vargas will oversee portfolio strategy and...

First Citizens Bank’s healthcare finance business served as sole lender on an $18.59 million financing facility for a joint venture between Cypress West Partners and TPG Angelo Gordon. The financing supports the acquisition and recapitalization of a two-property medical office...

TAB Bank has extended a $3.5 million ledgered working capital facility to a transportation service provider, a Canadian-based company with a vast network of less-than-truckload, full truckload and cross-dock operations spanning Western Canada to Central California. The logistics company sought...

SouthStar Capital appointed Michael Haddad as president. Haddad brings a distinguished background with more than 35 years of leadership experience in financial services and the banking industry. He has successfully built market share and enhanced profitability at top-tier companies in...

eCapital, a tech-enabled specialty finance provider for small and medium-sized businesses across North America and the United Kingdom, has delivered a $15 million asset-based lending (ABL) facility to support the expansion of a Florida-based manufacturer known for its polyvinyl chloride...