News

Encina Business Credit provided a $25 million senior secured credit facility to a pharmaceutical company.

Briar Capital Real Estate Fund provided two new real estate loans totaling $6.735 million secured by properties in Chicago and Los Angeles, to a market research company.

Nebraska Book Company entered into a new five-year, asset-based loan facility with CIT Bank.

Tiger Capital Group has sold its stake in the newly formed BikeCo, to joint venture partner Advanced Holdings.

Hallador Energy closed on a credit facility amendment with its administrative agent, PNC Bank. _x000D_ _x000D_

The Wall Street Journal reported The Federal Reserve is expected next week to vote on measures to ease liquidity and capital rules for large U.S. banks.

ABI reported Commercial Chapter 11 filings totaled 414 in September, a 33% increase over September 2018’s total of 312 filings, according to data provided by Epiq Systems.

Lee Howard has joined Hilco Streambank as senior vice president of its growing IPv4 global business.

SSG Capital Advisors acted as the investment banker to LuckyVitamin in the sale of substantially all of its assets to Lucky Health Group.

Sallyport Commercial Finance provided a $2 million accounts receivable facility to a company that specializes in engineering design and inspections.