News

Mitsubishi UFJ Financial Group (MUFG), a large global financial groups, appointed Valeria “Val” Strappa as head of global transaction banking for the Americas. She will lead the business across the United States, Canada and Latin America. Strappa joins MUFG from...

Great Rock Capital, a private credit firm specializing in middle market lending, closed $1.2 billion of new commitments and $0.9 billion of new fundings since 2024. Over the last two years, Great Rock has expanded its administrative agent capabilities while...

SSG Capital Advisors served as the investment banker to Wiser Solutions and its affiliates in the sale of substantially all assets to an affiliate of Crestline Direct Finance. The sale was effectuated through a Chapter 11 Section 363 process in...

First Horizon Bank appointed Josh Newsom as senior vice president for commercial and business banking in the North Mississippi market. In this role, Newsom will drive growth and develop strategies to support clients across the region while focusing on client...

Utica closed a $9.2 million capital lease for a pipe and steel manufacturer serving midstream, utility, and industrial customers. Secured by production machinery, mobile assets, material handling and support equipment, the lease will support the acquisition of the company’s assets...

First Business Bank’s accounts receivable financing team recently funded a $1 million factoring facility to support the growth of a staffing company serving the financial services industry. The facility provides working capital to support the company’s continued expansion as it...

SouthStar Capital recently closed an invoice factoring facility for a commercial cleaning company serving commercial property management clients across multiple regions. The growing business sought additional working capital to improve cash flow while supporting continued expansion and meeting the demands...

The Hedaya Capital Group formed a partnership with a New York-based apparel wholesaler through a new credit and collections factoring facility. The facility effectively outsources the company's credit and accounts receivable department to Hedaya, enabling the business to focus on...

Asset-based and secured lending again set the week’s tone, told through where mandates moved and how paper repriced rather than through headline deal volume. Resources Connection replaced a Bank of America line with a new PNC-agented, borrowing-base asset-based revolver of...

Canal Road Group (CRG) expanded its strategic relationship with SMBC as the bank makes an equity commitment to CRG’s direct lending strategy that will unlock up to $225 million in additional investable capital. The commitment will increase CRG’s investment capacity...