News

Tiger Group successfully liquified a complete geotechnical manufacturing facility in Roanoke, Virginia. In an online auction that closed last month, Tiger auctioned inventory along with machinery and equipment (M&E), tools, rolling stock and material-handling assets from the Roanoke plant of...

Blue Ridge Bank appointed Robert J. Campbell as Central Virginia market president. “We are thrilled to welcome Rob to the Blue Ridge Bank team. He brings a wealth of commercial banking expertise, a deep understanding of the Richmond market and...

Womble Bond Dickinson added Eric L. Muñoz to its finance, bankruptcy and restructuring practice group as a partner in Houston, strengthening its debt financing capabilities in the energy sector. Muñoz brings nearly 20 years of experience representing borrowers, issuers and...

Gateway Trade Funding, a direct lender focused on purchase order financing and stretch finance solutions, completed 25 stretch finance transactions totaling more than $7.7 million across a broad range of industries throughout the United States and Canada. The transactions provided...

Baker Garrington partners with an oilfield staffing company to provide a growing $1.5 million facility. Demand was there for the client. The challenge was having the capital in place to support that growth without slowing things down. The facility helped...

The private equity business within Goldman Sachs Alternatives acquired FGI Worldwide, a provider of working capital financing and trade credit insurance solutions. The acquisition enables FGI to accelerate its growth and expand its suite of financing, risk and Insurtech solutions...

Encina Private Credit served as term loan lender for a management-owned company operating in the datacenter critical components manufacturing space. Encina’s $50 million first-out commitment as part of a $100 million senior secured credit facility will be used to buy...

McGrath RentCorp, a business-to-business rental company in North America, completed a $725 million credit facility with a syndicate of banks. The five-year facility matures on May 8, 2031, and replaces the company’s existing $650 million line of credit. Bank of America...

Ripple, a provider of blockchain-based enterprise solutions across traditional and digital finance, closed a $200 million debt facility from funds managed by Neuberger Specialty Finance, the dedicated asset-based investment team within Neuberger, a global investment management firm. The facility will...

Sezzle, a digital payment platform, secured a new $300 million receivables funding facility with Mesirow Alternative Credit (f.k.a. Bastion), which will serve as both lender and administrative agent. The new facility doubles the company’s original $150 million committed facility established...