News

Republic Business Credit added industry veteran Sue Duckett as executive vice president, head of factoring. As a key member of the executive leadership team, Duckett will oversee the recourse factoring portfolio and drive strategic factoring acquisitions, a role that is...

Sound Point Capital, an alternative credit manager, served as administrative agent and lead arranger for a $575 million senior secured credit facility to support Greenbelt Capital Management’s acquisition of Peak Utility Services Group from ORIX Capital Partners. “We are pleased...

A fund managed by Keystone recently closed a $25 million senior secured credit facility to support a small business finance company based in Minnesota. The facility enables the company to expand its origination capacity and continue delivering fast, flexible financing...

Applied Digital, a designer, builder and operator of sustainably engineered data centers and colocation services for artificial intelligence, cloud, networking and blockchain workloads, today closed a $300 million senior secured bridge facility led by Goldman Sachs. The facility is intended...

Encina Private Credit (EPC) served as the administrative and collateral agent on a senior secured credit facility supporting Kingswood Capital Management’s strategic investment in Soulshine Farms and Pearl River Foods. EPC provided a first out tranche in the form of...

LibreMax Capital, an asset management firm specializing in securitized products and asset-backed finance, launched the LibreMax Asset-Backed Income Fund, its first interval fund that provides investors with access to private asset-backed finance (ABF) and traded structured credit opportunities. LMIFX seeks...

Trinity Capital’s sponsored investment fund, Trinity Capital SBIC LP, received approval from the U.S. Small Business Administration (SBA) to operate as a Small Business Investment Company (SBIC). The fund is the company’s third sponsored investment fund that has received such...

Prospect Capital and an affiliate have provided a first lien senior secured term loan and a preferred equity investment in Security Fire Systems (SFS), aggregating approximately $26 million, in collaboration with Blackford Capital. “Prospect is pleased to provide growth capital...

Brookridge Funding recently closed $2.6 million in purchase order facilities for five government reseller clients, including: $750,000 for a FL reseller of military equipment $750,000 for a TX reseller of scientific equipment $500,000 for a GA reseller of appliances $300,000...

Archway FinCo, a national direct lending firm focused on delivering flexible, relationship-driven capital solutions, added Michael Goletz as a managing director. Based in Indianapolis, Goletz will lead efforts to expand Archway’s presence across the Midwest, sourcing and structuring customized financing...