News

Legacy Corporate Lending, an independent asset-based lending (ABL) company focused on serving the needs of middle market companies across North America, appointed Karla Gorgij as executive vice president, portfolio and underwriting. In her role, Gorgij will be primarily responsible for...

TPG Twin Brook recently served as the administrative agent for Frontenac’s leveraged buyout of NutriScience and Trinity Hunt Partners’ Visterra Landscape Group add-on acquisition.

Republic Business Credit partnered with a family office to provide a $2.5 million receivables financing facility for its precision metal coating company. The new financing is structured to meet the company’s working capital requirements and to fuel its aggressive growth...

Mitsubishi HC Capital America, a provider of financing and asset solutions across North America, expanded its construction finance business through the addition of three seasoned industry professionals. Jeff Whitcomb joins as senior vice president, national accounts, while Brenden Reeves and...

Citizens Capital Markets & Advisory added Matt Rheault and Jeff Jones as managing directors within its debt capital markets practice. Rheault has been named head of syndicate and Jones will lead the firm’s asset-backed securities (ABS) and collateralized loan obligation...

PlainsCapital Bank added Daniel Robertson as vice president, relationship manager. He is based at the Bank’s Stone Oak branch in San Antonio. In his new role, Robertson will focus on developing and managing commercial banking relationships and delivering tailored financial...

Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Aero Controls by Air Transport Components (ATC Group), an existing portfolio company of AE Industrial Partners and...

History Capital completed a commercial receivables portfolio acquisition with financing provided by VerisFi Capital, a specialty finance company focused on asset-based lending and structured finance solutions. The transaction marks an important milestone for History Capital as the company continues expanding...

Asset-based lenders closed out the week with the market’s clearest signal yet that bank appetite for clean, availability-governed collateral is expanding into previously untouchable corners of the economy. On August 7, Vireo Growth Inc. announced a $65 million five-year senior...

MidCap Business Credit completed an $8 million asset-based credit facility for a manufacturer of premium custom plank hardwood flooring located in central Pennsylvania. The credit facility was comprised of a revolving line of credit, an equipment term loan and a...