News

Western Alliance Bank unveiled plans to unite all of the bank’s divisions under the Western Alliance Bank brand. By year-end, six division bank brands – Alliance Association Bank, Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank...

IG Design Group Americas and its domestic subsidiaries, a design, manufacturing, sourcing and distribution company of branded and private label consumer products, has voluntarily filed for Chapter 11 relief in the United States Bankruptcy Court for the Southern District of...

Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, recently upsized its investment-grade corporate note. The proceeds from this transaction will be used to support continued growth initiatives and further reinforce the strength of the firm’s...

B. Riley Securities, a middle market investment bank, acted as sole placement agent for Bit Digital in connection with a registered direct offering, which consisted of 22 million ordinary shares at a purchase price of $3.06 per share, resulting in...

TAB Bank appointed Traci Crabtree as vice president, business development, expanding the bank’s presence in Southern California. Crabtree brings more than 20 years of experience in corporate finance and leadership in middle-market direct lending. Crabtree has been with TAB Bank...

NexPoint Residential Trust, through its operating partnership, closed on the refinancing of its existing corporate revolving credit facility with J.P. Morgan Chase Bank, Raymond James Bank, Royal Bank of Canada and Synovus. The refinanced credit facility has an initial maturity of June 2028 that...

Culain Capital Funding closed and funded a $2.5 million accounts receivable financing facility for a commercial laundry service provider based in New Jersey. The new facility provides critical working capital to help the company take on larger contracts and continue...

Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility and equity co-investment to support the acquisition of Caputo Cheese by Tilia Holdings. Founded in 1978 and headquartered in Melrose Park, IL,...

Asset-based lender Ultimate Finance has expanded its structured finance proposition with the introduction of a new commercial property loan, designed to meet growing demand for multi-asset funding solutions. The new facility offers businesses access to up to £3 million on...

Susser Bank has appointed Carl Cravens as president and chief banking officer, effective immediately. In this expanded role, Cravens will continue to report directly to Sam L. Susser, chairman and CEO, and assume responsibility for all commercial banking, credit functions...