News

Tiger Group will conduct an online auction featuring vinyl window, patio door and insulating-glass manufacturing equipment and inventory from Showcase Window and Door Company, a longtime manufacturer serving residential new-construction and replacement markets. The timed, online auction opens on Thurs.,...

SouthStar Capital, a private direct lender and specialty finance company, closed a $3 million invoice factoring facility for a Charlotte-based stud welding company serving steel fabricators. As the company continued to grow, the timing gap between completing projects and receiving...

Referred to Sallyport by a previous client, the company needed additional working capital to bridge the gap between paying healthcare professionals and collecting payments from customers. Sallyport Commercial Finance funded a $500,000 accounts receivable factoring facility for a growing healthcare...

Asset-based lenders spent the week writing borrowing bases rather than pricing grids. On September 1, Smart Sand amended its senior secured asset-based credit agreement to lift revolving commitments from $30 million to $50 million, with First-Citizens Bank & Trust Company...

SubChapter V elections within Chapter 11 increased to 302 filings in August 2026, up 63% from the 185 filings recorded in August 2025, according to data provided by Epiq AACER, a provider of U.S. bankruptcy filing data. Key August 2026...

Intellia Therapeutics, a biopharmaceutical company focused on revolutionizing medicine leveraging CRISPR gene editing and other core technologies, entered into a $400 million non-dilutive senior secured term loan facility with OrbiMed, a global healthcare investment firm. The transaction provides Intellia with...

Euro Sun Mining entered into a non‑binding Memorandum of Understanding (MoU) dated Sept. 3, 2026 with Macquarie Bank and Trafigura. Under the terms of the MoU, the parties will work together on a proposed senior project finance facility of up...

Great Rock Capital, a private credit firm specializing in middle market lending, promoted Christina Zielinski to chief commercial officer and head of originations, and Jake Goldberg to head of capital markets. Zielinski and Goldberg will be based in the New...

Mark Metcalfe, executive vice president and Central and South Texas president at Susser Bank, has been named to the Texas Bankers Association’s board of directors. Metcalfe brings more than 30 years of commercial banking and leadership experience to the board....

EverBank Financial, the parent company of EverBank, and WaFd, the parent company of WaFd Bank, entered into a definitive merger agreement providing for a strategic combination of EverBank Financial and WaFd. Under the terms of the agreement, EverBank Financial will...