News

MidCap Business Credit closed a $15 million asset-based credit facility for a manufacturer of oil field storage tanks serving the Permian Basin and Eagle Ford Shale. The facility includes a working capital revolver, a machinery and equipment term loan and...

Vonetta Greene recently joined SLR Business Credit as vice president, field examiner. Greene, with over 20 years of field examination experience, has held field examiner roles at Presidential Financial, PNC Bank, Bibby Financial Services, CBIZ and Silicon Valley Bank and...

Bridgeport Capital added Debbie Sill as senior vice president of business development. Sill will open a regional sales office in Dallas and report to Max Toledo. Sill brings experience in financial services, with a focus on factoring and asset-based lending....

Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of E-Therapy by Edustaff, an existing portfolio company of PPC Enterprises. E-Therapy provides technology-enabled therapy services for schools,...

Allegro Finance Limited, an alternative lending platform for the media sector, announced a strategic joint venture and senior funding line with entities advised by Elliott Advisors UK Limited, a global investment manager. The partnership establishes a new institutional-scale credit platform...

BrightNight, a next-generation power and digital infrastructure company with a 30 GW national portfolio, announced the first closing of its upsized corporate credit facility. The corporate facility provides a maximum total commitment of up to $850 million, including up to...

SLR Business Credit closed a $5 million senior secured asset-based credit facility for Valhalla Fuels, a fuel transporter serving commercial customers across 15 states. The invoice financing facility will support the company’s working capital needs, including short vendor payment cycles,...

Southstar Capital closed a $500,000 purchase order and accounts receivable financing facility for a Southeast-based commercial window treatments provider. The company specializes in the supply and installation of window coverings for new construction and retrofit projects, working closely with general...

Sallyport Commercial Finance closed a $750,000 accounts receivable financing facility for a licensed apparel and accessories company experiencing rapid growth. The company has seen a surge in demand driven by licensed merchandise programs tied to major international sporting events. With...

CohnReznick announced that its Valuation Advisory practice is continuing to deepen its expertise and improve client deliverables by leveraging technology for continued efficiency, accuracy and world-class client experience. By implementing AI-driven, advanced analytics technology CohnReznick is able to better deliver...