News

The Hedaya Capital Group recently provided a $3.5 million factoring facility to a men's lifestyle and streetwear clothing brand headquartered in New York. Launched in 1986, they successfully sold to mid-tier department stores such as J.C. Penney until the pandemic...

Magnite, an independent sell-side advertising company, repriced, for the second time, its $363 million senior secured term loan facility due February 2031. The repricing reduces the interest rate by 75 basis points to term SOFR + 3.00% from the previous...

Second Avenue Capital Partners (SACP), a Schottenstein affiliate, has closed a $20 million senior secured credit facility for Bouclair, a Canadian home décor and furnishings brand. This financing will enhance Bouclair's liquidity, support continued growth and expand wholesale opportunities. In...

Wingspire Capital provided a $30 million revolver to Digital Media Solutions. The transaction was made in conjunction with Digital Media Solutions’ emergence from Chapter 11 bankruptcy reorganization and the completion of a court-supervised sale of substantially all of its assets...

CIBC U.S. Asset Based Lending closed a senior credit facility to support New Water Capital Partners' acquisition of Dutch Gold Honey, as well as provide working capital to fuel the continuing growth of the business and a comprehensive suite of...

FGI Worldwide promoted Nikki Rangra, Chris Fulman and David Ding to senior managing director, expanding the firm's leadership team. As senior managing directors, Rangra, Fulman and Ding will be responsible for shaping the continued growth of FGI's multi-jurisdictional asset-based lending...

BMO has appointed Tony Sciarrino as head, U.S. commercial bank, where he will oversee operations and work closely with senior leadership to drive growth and deepen client relationships across key U.S. markets. Sciarrino will report to both Nadim Hirji, group...

Dillard’s amended and extended its $800 million senior secured revolving credit facility consistent with the company’s liquidity needs. A $200 million expansion option remains in place. The new maturity date is March 12, 2030. The credit facility is available to...

Blue Owl Capital, an alternative asset manager, hired Blake Shorthouse as global head of family capital. Shorthouse will be based in London and report to James Clarke, global head of Blue Owl's institutional business. Prior to joining Blue Owl, Shorthouse...

Utica closed a $7.5 million capital lease to support a precision manufacturing firm in acquiring and expanding its operations. The financing facilitates the strategic acquisition of two complementary businesses specializing in high-quality machining and advanced tooling solutions. Secured by manufacturing...