News

FGI Finance, a division of FGI Worldwide, a global company in the commercial finance industry, hired Michael Weissenburger as managing director. Based in Boston, Weissenburger will focus on originating new business opportunities along the East Coast for FGI Finance, FGI’s...

Chemed entered into an amended and restated credit agreement for its credit facility. JPMorgan Chase Bank acted as the administrative agent, joint lead arranger and joint bookrunner for this transaction. Bank of America was joint lead arranger, joint bookrunner and...

Aurora Management Partners promoted Greg Baker, based in Denver, and Matt Dossey, based in Tampa, to managing directors. “Greg and Matt have been integral to the firm’s growth and reputation during their tenure with the firm,” David Baker, managing partner...

Old National Bancorp aligned its commercial banking leadership structure to better match leadership roles and responsibilities with the capabilities, reach and complexity of its commercial clients. As part of this updated structure, Chris Doyle has joined Old National as president...

The American Bankruptcy Institute (ABI) launched the ABI Ascent Network, a new firmwide membership solution designed to help restructuring and insolvency practices streamline their overall access to ABI resources, enhance professional development and elevate their visibility within the industry. The...

B. Riley Securities, a full-service investment bank, served as exclusive financial advisor to Lindsey Systems in connection with a majority equity investment from First Reserve, a global private equity firm. First Reserve’s investment is intended to support Lindsey’s next phase...

Elevate Renewables, a developer and operator of energy infrastructure, closed a $50 million energy transition supplier finance facility arranged by Rabobank, a cooperative bank and a global company specializing in financing food, agribusiness and energy. The facility will support a...

Southstar Capital funded a $750,000 accounts receivable line of credit for a Southeast-based roofing and solar installation company. The company specializes in commercial solar installation and has recently expanded into the Northeast, securing new project work with a large energy...

Sallyport Commercial Finance delivered a $2 million non-notification factoring facility to a Canadian printing company. Referred to Sallyport through trusted peers in the alternative finance space, this family-run business required a flexible funding solution to repay its existing bank facility...

Quickpay Funding established a $150,000 accounts receivable factoring facility for an oilfield services company specializing in water hauling, skimming and disposal. The facility provides immediate working capital to support the company’s field operations and position it for continued growth. As...