News

Eclipse Business Capital financed a $140 million senior secured revolving credit facility to a specialty retailer. The credit facility is secured by accounts receivable and inventory. The transaction facilitates a restructuring with the existing lenders to reduce leverage and provide...

Huntington Business Credit closed $42 million in new credit facilities with Rush Group Limited dba Emotiv on December 30, 2024. Proceeds of the facility were used to finance capital expenditures and working capital financing.

Altriarch Asset Management closed a $12.5 million senior secured revolving facility for RLTYco. The two-year loan, which has an option to extend an additional year, will give RLTY the ability to expand its portfolio and enhance its financial offerings for...

Buchalter, a full-service business law firm, opened its newest office in Chicago. The office has 25 attorneys and support staff, including shareholders Thomas Jefson, Steven Jakubowski, Patrick Owens, David Resnick, R. Kymn Harp, James Mainzer, Justin Weisberg and Thomas Yardley...

NETSTREIT closed $275 million in additional financing commitments and amendments to its existing credit facilities agented by PNC Bank, Wells Fargo Bank and Truist Bank. The PNC credit agreement was amended and restated and provides for credit facilities in an...

Mountain Ridge Capital promoted Tree Buckingham, Matt Salatti and Will Tyler.  Buckingham will take over as chief operating officer managing operations and IT for MRC and sister factoring company, Alpine Ridge Funding.  Matt Salatti was promoted to chief financial officer,...

Star Mountain Capital, a specialized investment manager with over $4 billion in assets under management, added Sara Mathew as senior advisor. Mathew has 20 years of C-Suite and board-level leadership and management experience in financial services, technology, consumer products and...

GenNx360 Capital Partners, a New York-based private equity firm investing in middle-market business services and industrial companies, promoted Reece Zakarin to vice president and Miles Williams to senior associate, effective immediately. Since joining GenNx360 in February 2019, Zakarin has demonstrated...

CoreVision Strategies has extended its banking expertise with the addition of Derek Holley as a managing director. Holley is a Certified Public Accountant with nearly 40 years of combined experience in public accounting, middle market banking and asset-based lending. Before...

Sallyport Commercial Finance provided a new $500,000 factoring facility for a staffing company in the Greater Toronto area (GTA). The new client, referred through a trusted partner, has plans to expand further across the GTA and Ontario. To facilitate this...