News

Asset Based Lending (ABL), a New Jersey-based lender providing private capital to real estate investors, has successfully closed its third securitization, ABL 2025-RTL1, totaling $190 million. The securitization is backed by a diversified pool of business-purpose residential real estate loans...

PlainsCapital Bank added Cullen Seitz to its Austin lending team as senior vice president, senior commercial loan officer. He will be based at the Bank’s Downtown Austin location at 201 West Fifth St., Suite 100. “Cullen brings nearly two decades...

Sallyport partnered with a Canadian agriculture business, providing a $1 million accounts receivable facility to support seasonal cash flow needs and fuel strategic growth. Referred by a trusted partner in the alternative finance space, the client turned to Sallyport for...

SouthStar Capital funded a $1 million invoice factoring facility for a nurse-owned and operated healthcare staffing company committed to supporting facilities facing unsafe staffing ratios. As demand increased, the company encountered a common hurdle: slow payments from facilities operating on...

GA Group coordinated the largest retail liquidation by square footage in U.S. history, managing the closure of 790 JOANN fabric and craft stores across 49 states. The liquidation covered 18 million square feet of retail space and more than $2...

HarbourView Equity Partners, an alternative asset management company focused on investment opportunities in the entertainment, media and sports space, closed an additional $500 million in debt financing through a new private securitization backed by its diversified, scaled music portfolio. Insurance vehicles managed...

Prairie Operating Co., an independent energy company engaged in the development and acquisition of oil and natural gas resources in the Denver-Julesburg (DJ) Basin, reaffirmed its multi-year reserve-based lending credit facility with Citibank, its lead arranger. Following its semi-annual redetermination,...

North Mill Equipment Finance, a commercial equipment lessor located in Norwalk, Connecticut, formed a new partnership with funds managed by Oaktree Capital Management, a global investment firm with deep expertise in credit and asset-backed finance. The collaboration launches a joint...

Sterling Infrastructure requested and received an amendment to its 2019 credit agreement that extends the maturity of the credit facility to June 2028, expands the size of the facility and improves flexibility. The amended credit facility consists of a $300 million term loan...

Horizon Technology Finance, an affiliate of Monroe Capital and a specialty finance company that provides capital in the form of secured loans to venture capital and private equity backed and publicly traded companies in the technology, life science, healthcare information...