News

Dechert welcomed Craig Cohen as partner in its global tax group, notably enhancing the firm’s tax capabilities in its structured credit and transactional practices. Cohen is based in Dechert’s New York office. “Craig’s depth of expertise in CLOs, structured credit...

1st Commercial Credit, a provider of invoice factoring and payroll funding solutions, completed a $7 million factoring facility for a new client in the staffing industry. This financing will provide the necessary capital to support payroll, operational expansion, and increased...

Ocean Bank’s factoring division has closed and funded a $5 million factoring facility to a local food distributor in Miami. “Ocean Bank’s factoring team helped the client obtain a credit insurance policy that would protect against its customers’ financial inability...

Encina Private Credit (EPC) bolstered the size of the team with key hires during 2024, enabling the business to deliver new business volume growth of 74% in its first out enterprise value loan product, compared to 2023. Encina continued to...

Oaktree Capital Management has strengthened its Asset-Backed Finance strategy with the addition of several senior investment professionals, underscoring its commitment to expanding expertise in structured credit and real estate finance. The latest hires bring deep experience from leading financial institutions,...

nFusion Capital provided a $12 million asset-based line of credit for an employee-owned construction company specializing in interior and exterior wall systems, metal framed panels and partitions for commercial, institutional and industrial clients, and constructing themed facades for the entertainment...

Republic Business Credit promoted Bruce Sarver to senior vice president, portfolio manager of its asset-based lending team. Sarver will report directly to Matthew Begley, Republic’s chief operating officer. Sarver began his career in the secured finance and lending field in...

Select Water Solutions, a provider of sustainable water and technology solutions to the energy industry, closed a new five-year senior secured sustainability-linked credit facility. The credit facility includes an initial $300 million revolving credit commitment and $250 million in term...

Stellus Capital Management’s affiliates provided senior debt financing and an equity co-investment in support of Northlane Capital Partners’ (NCP) investment in United States Drug Testing Laboratories (USDTL), a forensic toxicology laboratory testing for alcohol and substance use. “For more than...

Ameresco, a cleantech integrator specializing in energy efficiency and renewable energy, refinanced and expanded its term loan and revolving credit facility. The company entered into a sixth amended and restated senior secured credit agreement with a syndicate of lenders, including...