News

Wintrust Commercial Finance is celebrating seven years in business this month. Since its inception with four founding employees, WCF has grown to a staff of 50, including new personnel hired in the WCF Aviation Group.

Monroe Capital was recognized by Global M&A Network as the Small Mid-Markets Lender of the Year. Award winners were honored at the virtual Americas M&A Atlas Awards Gala held on January 29, 2022.

Configure Partners, a middle-market investment bank, acted as financing advisor to Stellex Capital Management in securing committed debt capital to support Stellex’s acquisition of RTC Aerospace.

Edgemere Dallas initiated a voluntary and comprehensive restructuring through Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the Northern District of Texas.

In its annual indicator of industry activity, the Secured Finance Network (SFNet) found cause for optimism but warned members to expect continued economic pressures in 2022.

Charles D. Sheehy is a new commercial banking customer of Eastern Bank, which will provide financing for a working line of credit, term loan and commercial real estate mortgage to support the company’s ongoing financial and growth needs.

Gordon Brothers, the owner of the British heritage brand Laura Ashley, partnered with IMG to expand the Laura Ashley fashion, home and lifestyle brand.

Meriwether Group Capital launched as a new commercial lending company serving businesses who fall outside the criteria of traditional lenders. Jamie Shulman and Mike Ferguson, who both have more than 20 years of commercial banking experience, will lead the new...

CIT’s real estate finance business provided a $37.2 million loan to Aminim Group to finance the acquisition of a bulk distribution facility in Pittsburgh.

First Eagle Investments reported that the total assets under management in its First Eagle Credit Opportunities Fund eclipsed the $350 million threshold approximately 18 months since its launch. As of Dec. 31, 2021, the fund’s distribution yield was 7.09%.