News

Baker Garrington funded three factoring facilities: A $500,000 factoring facility to a water hauling company operating in New Mexico and Texas to support payroll and fund continued growth. As part of the process, Baker Garrington identified two existing UCC filings...

The direct lending business of Silver Point Capital, a global company in credit investing, led a $125 million term loan financing for Vital Farms, a Certified B Corporation that offers a range of ethically produced foods nationwide. Silver Point will...

The 234 subchapter V elections within Chapter 11 in July 2026 represent a 24% increase over the 188 filings recorded in July 2025, according to data provided by Epiq AACER, a provider of US bankruptcy filing data. Key July 2026...

Milestone Bank, a nationwide small business lender, completed some of its first closings under its asset-based lending (ABL) division: An $8 million A/R, inventory and fixed asset working capital facility for a wholesale exporter of office products in Los Angeles...

The Beachbody Company, a proactive wellness company delivering nutrition, supplements and proven fitness programs that help people take control of their health inside and out, entered into a second amendment to its credit agreement with Tiger Finance as administrative agent...

Motorcar Parts of America extended the maturity date of the company’s $238.62 million revolving credit facility led by PNC Bank to August 2031. The amended facility includes enhancements that provide working capital flexibility, liquidity and other favorable terms. “The extension...

Kestra Financial, a wealth management platform, appointed Kristan Garner as head of client service and John Milligan as head of operations. These appointments strengthen the firm’s operations and client experience leadership as Kestra continues to scale support for its growing...

First Horizon Bank promoted veteran Baton Rouge banker Michael Doerr to senior vice president, senior commercial banking sales manager. Doerr brings decades of local commercial banking experience to his new role. Prior to joining First Horizon Bank and IBERIABANK in...

The board of directors of First Financial Bank, a subsidiary of First Financial Bankshares, completed a series of leadership transitions and executive promotions within its Abilene region, including the year-end retirement of longtime Abilene region leader Marelyn Shedd, the promotion...

Oregon Pacific Bank hired Katherine Ledson as Portland market president. In her new role, Ledson will lead Oregon Pacific Bank’s Portland market, overseeing market strategy, client relationships and team development as the bank continues to grow its presence in Oregon’s...