News

First Business Bank’s accounts receivable financing team funded a $500,000 factoring facility for a Texas-based agriculture and horticulture company. The factoring facility improves cash flow by accelerating access to funds tied up in receivables, allowing the company to maintain operational...

Columbia Bank, a subsidiary of Columbia Banking System, opened its first commercial office and retail branch in Colorado Springs. The new location expands Columbia’s Colorado footprint and strengthens its ability to serve businesses, consumers and nonprofit organizations throughout Southern Colorado....

Alkami Technology, a digital sales and service platform provider for financial institutions in the U.S., and Arkatechture, a data infrastructure and analytics provider for financial institutions, formed a partnership and integration designed to help banks and credit unions turn transaction...

Endeavour Silver executed a credit agreement for a secured revolving term credit facility for up to $25 million with ING Capital acting as administrative agent. Proceeds from the revolving credit facility will be available for the company’s general corporate and...

Garrington Capital, a senior secured, asset-based lender to the middle market, provided a $20 million revolving line of credit to a U.S. company that provides short-term loans to small and mid-sized businesses. The facility gives the company the working capital...

LuminArx Capital Management, a global alternative investment manager, and Bridge, an AI-powered lending platform, launched a partnership to provide $500 million in financing to CPG brands and retail suppliers fulfilling orders for some of America’s large retailers. The partnership pairs...

High Tide, a retail-forward enterprise built to deliver real-world value across every component of cannabis, closed its previously announced senior secured credit facilities with Bank of Montreal (BMO) in the aggregate principal amount of C$40 million. The closing follows the...

KeyCorp completed its previously-announced acquisition of Clearwater Corporate Finance, a UK-based middle market investment banking advisory firm. “Completing this acquisition marks an important step in expanding our global advisory platform,” Randy Paine, president of Key Institutional Bank, said. “Clearwater UK’s...

First Citizens Bank added to its regional leadership team. Stacie Bales Barton and Sharon Thompson have joined the bank as regional executive vice presidents, supporting First Citizens’ continued growth and expansion into the Central United States. Both will report directly...

The Huntington National Bank appointed Blake Absher as Central Texas division president. Based in Austin, Absher will lead Huntington’s client strategy and growth across Austin, San Antonio, Waco and Bryan/College Station, further strengthening the bank’s presence in Central Texas. Absher...