News

Southstar Capital closed a $2 million accounts receivable financing facility for a private equity-backed software and consulting firm serving national retail brands across the United States. As the business continued to scale and support a growing portfolio of blue-chip clients,...

Hope Bancorp, entered into a definitive agreement under which Bank of Hope will acquire the commercial banking unit (CBU) of SMBC MANUBANK, a wholly owned subsidiary of SMBC Americas and Sumitomo Mitsui Banking. In addition, Bank of Hope and SMBC...

Sallyport Commercial Finance delivered a $2 million non-notification factoring facility to a Canadian printing company. Referred to Sallyport through trusted peers in the alternative finance space, this family-run business required a flexible funding solution to repay its existing bank facility...

Community West Bancshares, the parent company of Community West Bank, completed its previously announced merger in which United Security Bancshares, the parent company of United Security Bank, merged with and into Community West Bancshares, with Community West Bancshares as the...

A litigation-focused law firm secured a $110 million credit facility from a group of capital providers including a specialty finance firm and an alternative asset manager, supported by a portfolio of litigation assets consisting primarily of class actions, mass torts,...

Aurora Management Partners was appointed as the chief restructuring officer to Sailormen in the Southern District of Florida United States Bankruptcy Court. Overseeing the company is David Baker, managing partner; Matthew Dossey, Greg Baker, and Travis Grody, directors; and Sophia...

BizCap, a national commercial finance and advisory firm, successfully structured and secured an $11.75 million financing package to support a strategic IT services acquisition for a confidential minority woman-owned IT services organization. The acquisition financing will enhance the company’s capabilities,...

Sawgrass Finance, the Ponte Vedra-based asset-based lender, provided a $5 million asset-based loan extended to a player in a heavily regulated industry based out of Southwest USA. When a traditional lender reduced its exposure to the cannabis sector, a distributor...

Alignment Credit, a provider of strategic credit solutions for growth and lower middle-market companies, acted as the sole lead arranger and administrative agent for a senior secured credit facility to GOAT Foods to refinance previous debt facilities and provide capital...

Monroe Capital acted as administrative agent and joint lead arranger on the funding of a senior credit facility to support the investment in Key Container by private equity sponsor Altamont Capital Partners.