News

LSQ, a provider of working capital and payments management solutions, originated a $2 million accounts receivable credit facility for a Georgia-based, staffing firm serving lodging and hospitality industry. The funding was the result of a new partnership between LSQ and...

Tompkins Community Bank expanded its commercial lending team with the addition of Cody Hallowell as agricultural lending relationship manager. Bolstering Tompkins’ team of financial experts who support Southeastern Pennsylvania’s agricultural community, Hallowell will provide banking and lending solutions to farmers...

MidCap Financial, a commercial finance company focused on middle market transactions, provided a $145 million senior-secured, asset-based credit facility to Newman Tractor. Proceeds from the credit facility were used to refinance capital structure, general corporate purposes and will be available...

Comvest Credit Partners, a provider of flexible direct financing solutions to middle-market companies, acted as administrative agent and is the sole lender on a $165 million senior secured credit facility for Diesco Industries, a family-owned beverage and integrated packaging and...

Dun & Bradstreet’s latest Global Business Optimism Insights Report for Q1/25 reveals a significant dip in global business confidence, with the Global Business Optimism Index plunging by 12.9% quarter-over-quarter. Conducted in November 2024, the survey of 10,000 businesses across 32...

IES has amended and restated its existing credit and security agreement, increasing the commitment amount of the revolving credit facility to $300 million from $150 million and extending the maturity date to Jan. 21, 2030 while expanding the size of...

Mountain Ridge Capital (MRC) closed a $25 million senior secured credit facility to S&W Seed Company, a global multi-crop, middle-market agricultural company. The MRC facility refinanced the debt of a commercial bank; the proceeds will be used to assist the...

Essex Capital Group, a Tampa, FL-based corporate finance firm serving small and middle market privately held companies located throughout the United States, closed a $22 million debt facility for a gaming company. The financing package included an initial term loan...

The RMR Group entered into a new $100 million senior secured revolving credit facility. The initial maturity date of the new credit facility is Jan. 22, 2028, and it includes a one-year extension at RMR’s option, subject to payment of...

FlexGen Power Systems, a provider of energy storage solutions and software technology, secured a $75 million revolving credit facility with J.P. Morgan. The revolving credit facility is designed to support FlexGen’s ambitious growth plans and reinforce its ability to deliver...