News

Cascadia Capital, an investment bank serving middle market clients globally, served as the exclusive financial advisor to Burlington Capital Partners, a Chicago-based lower middle market private equity firm investing in family and founder-owned businesses, on its sale of Sokol Custom...

T-Max Lending closed a $10.5 million commercial loan to a developer in Charleston. This financing will support the completion of a hotel currently under construction in the heart of Charleston. The loan was structured with a three-year term and an...

WesBanco and Premier Financial have received all necessary regulatory approvals for the pending merger of Premier with and into WesBanco. The companies previously announced that the shareholders of Premier and the shareholders of WesBanco had voted overwhelmingly to approve the...

Encina Lender Finance and Cardo AI have created a partnership designed to revolutionize the asset-based finance (ABF) market, as the companies aim to delivering faster, more efficient funding solutions for originators and greater capital deployment opportunities for institutional investors (LPs)....

Federal Reserve chair Jerome Powell delivered the central bank’s Semiannual Monetary Policy Report to Congress on Tuesday, signaling a steady approach to interest rates despite economic resilience and cooling inflation. Powell emphasized that the Fed remains focused on its dual...

Legacy Corporate Lending, an independent asset-based lending (ABL) company focused on serving the needs of middle market companies across North America, provided a $25 million asset-based credit facility to Agribusiness and subsidiaries (dba Bridgewell Agribusiness), a food and agriculture products...

Siena Lending Group, an asset-based lending company, closed a $27.5 million asset-based credit facility for Pure Safety Group (PSG), a global company in fall protection equipment and safety solutions. The credit facility will provide PSG with enhanced financial flexibility to...

MidCap Business Credit has completed a $10 million asset-based line of credit for a distributor of winter clothing. The financing, sourced and closed through MidCap’s headquarters in West Hartford, CT, will provide additional liquidity to the company. “We were able...

First Citizens Bank’s maritime finance business provided $26 million in financing to Euroseas, enabling the container shipping company to add a newly built 2,800 TEU Eco containership to its fleet. “As demand continues to rise, we are expanding our fleet...

Affiliates of Stellus Capital Management led the successful syndication of senior debt financing to support the growth of Eskola, a commercial roofing contractor backed by Eagle Merchant Partners. “Eskola is grateful for the support of both our partners at Eagle...