News

TAB Bank closed a $5 million lender finance facility with a Nevada-based company specializing in factoring financing for farmers, agricultural businesses and fresh produce exporters in Mexico. This partnership enables the agriculture finance company to expand its operations and empower...

Assembled Brands Capital expanded its leadership team with the addition of Kunal Kohli as managing director, head of revenue and Abby Jonathan as vice president of originations. Kunal will lead Assembled Brands’ revenue strategy, business development and expansion of our...

KBRA has published updated research examining the resilience of its ratings for subscription facilities, a fund finance product introduced in the 1990s that has grown to an estimated $850 billion globally. Since assigning its first rating in 2018, KBRA-rated subscription...

Barclays appointed Isobel van Daesdonk and Scott Willard as managing directors within the financial sponsors group. They will be based in New York and will report to Christian Oberle, head of the Americas financial sponsors group at Barclays. A seasoned...

Porter Capital funded a $1.25 million credit facility to support a growing and socially conscious personal care brand, which imports skincare and haircare products. This financing will provide the company with the working capital needed to scale operations, strengthen its...

Latham & Watkins elected 19 counsel to the partnership, effective March 1. The counsel promotions follow the previously-announced election of 24 associates to the partnership, effective Jan. 1, 2025. “We are thrilled to congratulate our newest partners, whose impressive experience,...

SSG Capital Advisors served as the investment banker to Gibbs Die Casting, a subsidiary of Koch Enterprises, in the sale of 100% of its equity ownership interests to Architect Equity. The transaction closed in January 2025. Transaction details shall remain...

Bank of America has named Mark Kremers president of Bank of America San Diego. As president and head of the market, Kremers will connect clients, teammates and communities to the full power of the franchise and drive integration across the...

Black Diamond Group renewed and expanded its secured, asset-based revolving credit facility. The renewal extends the maturity of the facility out to Feb. 20, 2030. Concurrently, the facility is being upsized to $425 million with a $75 million uncommitted accordion,...

Encina Lender Finance provided a $75 million senior credit facility to a fintech to support growth of its corporate charge card program. The facility is secured by a highly diversified pool of small balance, short-duration corporate charge card receivables.