News

Haynes Boone’s new Fund Finance Annual Report reveals a reversal in market dynamics, with facility pricing tightening to pre-2023 levels and a surge of new lenders reshaping the competitive landscape. The increase in market players is also driving innovation, with...

Applied Digital, a designer, builder and operator of next-generation digital infrastructure for HPC applications, through its HPC subsidiary, APLD HPC Holdings, closed a $375 million financing with SMBC. The company used a portion of the proceeds to repay its obligations...

White Oak Commercial Finance (WOCF), an affiliate of White Oak Global Advisors, provided a $60 million revolving credit facility to a utility construction and infrastructure company in the United States. The company and its operating entities specialize in building, upgrading...

Eco Material Technologies, a producer, marketer and distributor of supplementary cementitious materials and producer of green cement products in North America, closed an $800 million term loan credit facility that matures in February 2032 and provides Eco Material with enhanced...

Healthcare Funding Partners closed a $180 million senior secured credit facility. J.P. Morgan served as sole bookrunner and joint lead arranger, with Citi as the supporting joint lead arranger. “Our team is incredibly excited about our new bank partners, which...

The asset-based lending team at Cambridge Savings Bank, a full-service mutual bank with $7 billion in assets, provided a $20 million revolving line of credit to Arctaris Impact Investors. Based in Wellesley, MA, Arctaris will use the financing to enhance...

Sallyport Commercial Finance provided a $10 million facility to a hydroponic and lighting supplies company in the agricultural industry. The funding, structured across accounts receivable, inventory and purchase order finance, is designed to empower the company with the working capital...

A court-approved bankruptcy sale on Feb. 19 offers an opportunity to acquire well-maintained trucks and trailers at liquidation values. Tiger Group is conducting the live webcast auction as part of the complete liquidation of a North American tractor truck and...

SHF Holdings d/b/a Safe Harbor Financial, a fintech in facilitating financial services and credit facilities to the regulated cannabis industry, closed a $1.5 million secured credit facility for a Missouri-based cannabis operator. This transaction marks the second tranche of a...

First Bank and Trust Company and its parent holding company, First Bancorp, promoted James T. Bowen II to senior vice president – credit administration. Bowen will take on this expanded role after 13 years of dedicated service to the organization,...