News

MidCap Business Credit closed a $12 million asset-based credit facility for a sponsor-owned distributor of specialty chemicals and materials. The credit facility is comprised of a working capital revolver and a machinery and equipment term loan. The credit facility will...

Cambridge Wilkinson closed a $50 million senior secured revolving credit facility for a specialty finance platform focused on litigation-related receivables. The facility provides committed, multi-year capital to support the acquisition and financing of U.S.-based pre-settlement and medical receivables associated with personal injury...

Cortland Credit Group closed a C$15 million asset-based loan (ABL) revolver for a Canadian veterinary pharmaceuticals company. The ABL facility includes an uncommitted C$15 million accordion, allowing the borrower to increase the commitment to C$30 million. This is a syndicated transaction,...

Versant Funding funded a $5 million non-recourse factoring facility to a company that manufactures products for a large customer base, including a large American municipality. After a transition to private equity ownership and management restructuring, the company required an infusion...

Alkami Technology, a digital sales and service platform provider for financial institutions in the U.S., has identified the top trends shaping business and commercial banking in 2026, based on proprietary market research that surveyed banks and credit unions across the...

B. Riley Securities served as joint lead bookrunner on an upsized $230 million private placement of convertible senior notes for WhiteFiber, including the full exercise of the offering overallotment option. Net proceeds from the offering will be used primarily to...

Gateway Trade Funding completed a $500,000 purchase order (PO) facility for a growing beauty products company preparing to scale production following its acceptance into Walmart stores nationwide. The beauty brand recently secured placement at Walmart and required timely, flexible capital to fulfill confirmed purchase...

Richard Madris has joined Norton Rose Fulbright’s financial services team as a partner in the funds and asset management group in the New York office. Madris is known for representing large sponsors and asset managers in complex and high-profile fund...

Taylor Kiessig has rejoined Eversheds Sutherland as a partner in the tax practice group, further strengthening the firm’s federal and international tax capabilities. Kiessig returns to Eversheds Sutherland after serving as special counsel in the IRS Office of Chief Counsel...

HarbourVest Partners, a global company in private markets investing, closed HarbourVest Partners Structured Solutions 2025, an investment vehicle with the capacity to invest $1.1 billion into diversified secondary investments in private equity and private credit. Transaction Highlights 100% private market...