News

Republic Business Credit hired Chris Costello as senior vice president, underwriter. Costello will join Republic’s New Orleans office, reporting directly to the head of Underwriting, Brian Daray. Costello is a seasoned professional with extensive experience in asset-based lending (ABL), bringing...

OppFi, a tech-enabled, specialty finance platform, increased the existing revolving credit facility among one of the company’s subsidiaries and affiliates of Blue Owl Capital to $300 million, up from $250 million. Blue Owl acquired Atalaya Capital Management in September 2024....

The International Factoring Association (IFA) named NN6 and Coface Services North America preferred ally members. "We are pleased to welcome NN6 and Coface to our Preferred Ally Membership Program," Tania Daniel, executive director of the IFA, said. "Their dedication to...

Affiliates of Stellus Capital Management provided senior debt financing and an equity co-investment in support of ICV Partners' investment in Environmental Remedies, an asbestos abatement service provider in the state of California. "ERI's focus on the restoration and insurance end...

Austin Financial Services (AFS) closed a $3 million asset-based lending facility (ABL) to a leading manufacturer of sheet metal components serving the railroad and automotive sectors. The financing solution was comprised of an accounts receivable and inventory revolver, as well...

Dominion Lending Centres amended and extended its credit facilities with The Toronto-Dominion Bank effective Feb. 18, 2025. The maturity date for the credit facilities has been extended from Dec. 19, 2026 to Feb. 18, 2030. The amended credit facilities are...

Alvarez & Marsal (A&M), a global professional services firm, has appointed Anthony Italiano as managing director and co-leader of its Broker-Dealer Investigations & Compliance practice within the firm’s Disputes and Investigations (DI) group. Co-leading the Broker-Dealer practice, alongside managing director...

Advanced Flower Capital (f/k/a AFC Gamma) has committed and funded a $15 million senior secured credit facility to Story of Ohio, the Ohio subsidiary of Story Companies, a privately held multi-state operator of cannabis cultivation and retail facilities. Story intends...

Global law firm Norton Rose Fulbright today announced that private equity partner Adam Arnett has joined its growing Chicago office. Arnett will be the firm’s US co-head of private equity alongside New York partner Ward Atterbury, who also serves as...

Utica funded an $18.5 million capital lease for a marketing and printing company with over 30 locations and 17 subsidiaries. The lease, secured by printing and support equipment, will enable the company to enhance operational efficiency across its diverse business...