News

A new survey from Grant Thornton, a brand of professionals providing end-to-end audit, assurance, tax and advisory services, revealed that 93% of business leaders surveyed are investing more in technology. Grant Thornton’s Digital Transformation Survey draws on insights from more...

First Citizens Bank’s healthcare finance business arranged $270 million in financing to support the acquisition of 30 healthcare facilities across Idaho, Oregon, Washington, Montana and Arizona. The properties have historically been and continue to be operated by Cascadia Healthcare and...

SLR Business Credit, an asset-based lender serving middle market companies, closed a $1 million line of credit for a growing healthier-for-you snack bar company. The senior secured line of credit provides the company with the working capital needed to scale...

Rosenthal Capital Group (RCG), a private commercial finance firm in the United States, completed a $1 million purchase order financing facility for a golf apparel and accessories company. When the New York-based company began receiving larger orders from big box...

The International Factoring Association (IFA) added six new members to its advisory board for a two-year term. The advisory board plays a pivotal role in the IFA’s operations, offering strategic counsel and specialized knowledge to increase the public’s awareness on...

Winston & Strawn hired Jonathan Levine within its New York office as a partner in the firm’s transactions department and a member of the restructuring practice. Levine counsels clients on a wide range of corporate matters, with a focus on...

Matrix Capital Markets Group advised Cary Oil and its affiliates on the sale of its Breeze Thru Markets convenience retail business to Sampson-Bladen Oil. Following the divestment of its chain of 15 Breeze Thru branded convenience stores, Cary will continue...

Wolfspeed, as part of its efforts to proactively strengthen its capital structure, it entered into a restructuring support agreement (RSA) with key lenders, including (i) holders of more than 97% of its senior secured notes, (ii) Renesas Electronics’ wholly owned...

Wingspire Capital provided a $50 million senior secured credit facility to Accuray Incorporated that includes a $20 million revolver and a $30 million term loan, with proceeds being used to replace a previous debt facility and for general corporate purposes....

MidCap Business Credit (MBC) closed a $16 million asset-based revolving and term loan credit facility for a privately held frac sand manufacturer based in the Midwest. The credit facility will be used to support the company’s working capital needs and...