News

NETSTREIT closed $275 million in additional financing commitments and amendments to its existing credit facilities agented by PNC Bank, Wells Fargo Bank and Truist Bank. The PNC credit agreement was amended and restated and provides for credit facilities in an...

Mountain Ridge Capital promoted Tree Buckingham, Matt Salatti and Will Tyler.  Buckingham will take over as chief operating officer managing operations and IT for MRC and sister factoring company, Alpine Ridge Funding.  Matt Salatti was promoted to chief financial officer,...

Star Mountain Capital, a specialized investment manager with over $4 billion in assets under management, added Sara Mathew as senior advisor. Mathew has 20 years of C-Suite and board-level leadership and management experience in financial services, technology, consumer products and...

GenNx360 Capital Partners, a New York-based private equity firm investing in middle-market business services and industrial companies, promoted Reece Zakarin to vice president and Miles Williams to senior associate, effective immediately. Since joining GenNx360 in February 2019, Zakarin has demonstrated...

CoreVision Strategies has extended its banking expertise with the addition of Derek Holley as a managing director. Holley is a Certified Public Accountant with nearly 40 years of combined experience in public accounting, middle market banking and asset-based lending. Before...

Sallyport Commercial Finance provided a new $500,000 factoring facility for a staffing company in the Greater Toronto area (GTA). The new client, referred through a trusted partner, has plans to expand further across the GTA and Ontario. To facilitate this...

First Busey, the holding company for Busey Bank, received the approval of the Federal Reserve to acquire by merger CrossFirst Bankshares, the holding company for CrossFirst Bank. Both companies received shareholder approval for the transaction on Dec. 20, 2024. “We...

C2FO, an on-demand working capital platform, surpassed $400 billion in December in lifetime funding to its customers and achieved $1 billion of daily funding for the first time. These milestones reflect a significant shift in the business financing landscape, with...

Independence Contract Drilling (ICD), which provides land-based contract drilling services for oil and natural gas producers in the United States, successfully completed its Chapter 11 restructuring process and has emerged as a private company that is financially and operationally stronger....

Specialist asset-based lender Ultimate Finance reported a new record high loan book reached of £342 million and strong new business across all three products, up 11% in 2024. The asset-based lender’s highlights include: Reaching a record total loan book of...