News

Citizens Asset Finance, a division of Citizens, named Stan Walker as President, effective March 3, 2025. Walker will succeed Brent Hazzard, who had held the position since 2021 and will be transitioning to a strategic advisor role with Citizens. Walker...

CohnReznick, an advisory, assurance and tax firm, secured a strategic growth investment from funds advised by Apax Partners. The transaction marks the first institutional investment in CohnReznick and is expected to help accelerate the firm’s growth strategy to deliver best-in-class...

Urgent.ly, a U.S.-based leading provider of digital roadside and mobility assistance technology and services, has reached an agreement with its lenders resulting in significant capital structure improvements. Urgently has entered into a new credit agreement for an asset-based revolving credit...

Centinel Spine, a global medical device company focused exclusively on treating cervical and lumbar spinal disease, entered into a senior secured loan agreement with credit funds managed by SLR Capital Partners, to provide the company with $60 million of capital...

Entrepreneur Growth Capital (EGC) closed a $5 million asset-based facility to a family-owned manufacturer of chef-quality kitchen products. The company saw unprecedented growth during the pandemic, but when demand fell off, management failed to adjust. Two years of losses ensued,...

SG Credit Partners, through its consumer products division, welcomed Serenity Kids to its portfolio. SG provided a debt facility that will support Serenity Kids’ continued innovation and retail expansion. “Our mission is to improve the well-being of all children by...

Austin Financial Services (AFS) closed a $5 million AR-only revolving credit facility for an organic seed and soil manufacturer. Experiencing rapid growth, the company was seeking a partner to provide debt financing to support its robust order pipeline. Proceeds from...

Amaero International, a U.S. domestic producer of C103, refractory alloy and titanium powders for additive and advanced manufacturing of components utilized by the defense, space and aviation industries, executed a credit agreement for a $22.8 million direct loan from the...

Gateway Trade Funding, a purchase order and stretch financing company, completed the following stretch finance transactions: A $1 million facility for an encoder and decoder company A $25,000 facility for a telecom construction services company A $85,000 facility for a...

First Business Bank’s Accounts Receivable Financing group funded a $4 million factoring facility for a software provider. The firm specializes in integrating its proprietary software to robotic systems, transforming standard automation into intelligent warehouse solutions. It then assembles the full...