News

Wells Fargo named Dennis Devine the company’s new head of business banking, effective immediately. In this role, Devine will lead the business banking team, which serves the financial needs of business owners with annual sales of up to $25 million....

Eldridge Capital Management closed a $350 million lease facility with ProPetro Energy Solutions, d/b/a PROPWR, a wholly owned subsidiary of ProPetro. The facility will provide PROPWR, the power generation solutions division of ProPetro, with access to growth capital for the...

Republic Business Credit provided a $2 million factoring facility to a West Coast-based small business that supplies parts for the U.S. automotive industry. The financing optimizes the company’s working capital by enabling extended customer payment terms that align with industry...

Beacon Financial combined its four storied financial institutions under one new brand, Beacon Bank. Beacon Bank will introduce additional components of its corporate identity as part of a multi-phase branding update at all locations. “Launching Beacon Bank represents a significant...

The middle market lending landscape during the week ending Feb. 22, 2026, was defined by two seismic developments: the Supreme Court’s landmark 6-3 ruling striking down President Trump’s IEEPA tariffs on February 20, and Blue Owl Capital’s decision to restrict...

CAN Capital has acquired the equipment finance portfolio and platform of Republic Bank Finance, a division of Republic Bancorp, broadening its product lineup and accelerating its long-term growth strategy. The acquisition adds an established equipment finance portfolio and operating platform to CAN...

BriteCap Financial, a technology-enabled small business funding platform, successfully completed its SOC 2 Type II examination in Q4/25. The independent audit, conducted in accordance with the American Institute of Certified Public Accountants (AICPA) Trust Services Criteria, evaluated the design and...

Lighthouse Financial completed an $8.5 million credit facility to a Georgia-based manufacturer and distributor of Appalachian hardwood products, including a $7 million revolving line of credit and $1.5 million term loan. The company expanded operations after significant revenue growth during...

Broadleaf Financial Group, a specialty finance company that serves Fortune 1000 companies, closed a warehouse credit facility with Deutsche Bank. This facility marks a key milestone in Broadleaf’s financing strategy to support ongoing growth and origination activity across the platform....

OnQ, a retail display company, has secured an enhanced credit facility with the Western Alliance Bank’s asset-based lending group. Western Alliance Bank is supporting OnQ by providing a $7.5 million asset-based line of credit and customized treasury management solutions to...