News

BriteCap Financial, a data-driven finance company dedicated to improving the financial health of small businesses, formed a new integration with Cloudsquare, an AI-powered lending platform built natively on Salesforce to help brokers and lenders fund more deals. The integration gives...

Wingspire Capital provided a $33 million first-out revolver and term loan to a secure end-to-end communications and computing technologies company. The first-out credit facility was part of a larger $89 million facility, which Wingspire Capital agented. Proceeds are being used...

SixCap Healthcare Finance closed a $3 million asset-based revolving line of credit for a Kansas-based operator of six skilled nursing facilities. The facility provides working capital to support ongoing operations while featuring additional commitment capacity to accommodate future growth initiatives....

Ridgepost Capital completed its previously announced acquisition of Stellus Capital Management, a U.S. direct lender focused on the lower-middle market with approximately $4 billion in assets under management. Stellus will continue to be managed by its current partners who will...

Canada Infrastructure Bank (CIB) received internal credit approval for a subordinated debt facility of CAD $200 million to support the construction and development of Generation Mining’s marathon copper-palladium project. The CIB facility is comprised of the following two components: CAD...

Culain Capital Funding closed and funded a $2.5 million accounts receivable financing facility for a Western New York-based industrial materials distribution company serving manufacturers, foundries and industrial processors throughout the United States. The new working capital facility was structured to...

Capstone, a tech-enabled building products distribution platform, extended its credit facilities with both Beacon Bank (formerly Berkshire Bank) and Stream Finance on existing terms. Beacon Bank has extended Capstone’s $11.5 million revolving credit facility through Dec. 31, 2026, and Stream...

Sable Offshore and Exxon Mobil entered into an amendment to the senior secured term loan agreement to, among other things, extend the maturity date, and agreed to a limited waiver of the company’s P&A financial security obligations in Section 11.18...

Gateway Trade Funding closed more than $2.4 million in stretch finance facilities during the first two weeks of June, providing businesses across a wide range of industries with the working capital needed to support growth initiatives, inventory purchases, project funding,...

SouthStar Capital closed a $750,000 accounts receivable financing facility for a Northeast-based home healthcare services company. Experiencing steady growth and increasing demand for its services, the company sought additional working capital to support ongoing operations, payroll obligations and future expansion...