News

Grant Thornton, a brand of professionals providing end-to-end audit, assurance, tax and advisory services, named Rick Surett as its new chief financial officer. He will succeed Muhammad Bhayat, who is retiring after more than 20 years at Grant Thornton. Surett officially steps into...

Antares Capital and Ares Management closed Antares’ first continuation vehicle with over $1.2 billion in commitments. The transaction was led by Ares Credit Secondaries funds, along with a commitment from Antares. The continuation vehicle was established to purchase assets and...

Monroe Capital acted as joint lead arranger on the funding of a senior credit facility to support the recapitalization and growth of Sweetmore Bakeries by Shore Capital Partners.

Portage Point Partners, a blue chip advisory, consulting, interim management and financial services firm focused on the middle market, added Coley Brown as managing director to the turnaround and restructuring services (TRS) practice. Coley spent over two decades at Huron...

SouthStar Capital funded a $2 million accounts receivable (A/R) Facility for a Louisiana-based medical supplies distributor. Serving hospitals, clinics, and government agencies across the region, the company had been experiencing rapid growth but needed additional working capital beyond its existing...

Cornerstone Business Credit funded a $250,000 line of credit to a growing coffee roaster and distributor. This company secured substantial orders from large retailers and national food distributors but lacked the necessary cash to source the materials and products to fill...

Citizens Bank of Edmond has entered into a strategic partnership with InvestiFi, an embedded investing platform, to bring a comprehensive suite of digital investment tools to its account holders. This partnership will enable the bank’s more than 14,000 customers across the greater Oklahoma City area...

Challenger bank Allica has selected Lendscape, a provider of commercial lending technology, as the core platform for its asset finance operations. Following a year of growth, Allica selected Lendscape’s asset finance platform to support that momentum following a successful trial...

Alpine Ridge Funding closed a $5 million factoring facility for a Midwest-based contract manufacturer. This strategic financing solution provides the company with the working capital necessary to fulfill current purchase orders and confidently pursue new business opportunities. “Alpine Ridge Funding’s...

Republic Business Credit has supplied a medical supply manufacturer with a $500,000 factoring facility, immediately improving the company’s cashflow and eliminating the stress of working capital constraints. The company faced cash flow challenges due to extended payment terms, which often...