News

Credit Acceptance extended the date on which its $75 million revolving secured warehouse facility will cease to revolve from September 30, 2020 to September 30, 2022.

Antares served as joint lead arranger and is acting as administrative agent for a senior secured credit facility to support Quad-C Management's investment in Boulder Scientific.

Incline Equity Partners has partnered with management to recapitalize Wholesale Supplies Plus. Twin Brook served as administrative agent for debt financing to support the transaction._x000D_ _x000D_ _x000D_

Rothschild has expanded its North American Office with the addition of Markus Pressdee as head of Infrastructure, Power & Renewables and Steven Berger as managing director in the Financial Institutions Group sector team._x000D_

The Commercial Finance Association has rebranded as Secured Finance Network (SFNet) in time for its 75th anniversary.

PES Energy has filed for bankruptcy protection and entered into a proposed DIP financing agreement with holders of the company’s outstanding term loan debt providing for up to $100 million in new funding.

CIT Group served as coordinating lead arranger for $204.5 million in debt financing to support construction of Holstein Solar.

Encina Equipment Finance has upsized its senior credit facility to $250 million in total commitments.

Tradewind has closed a $1.1 million factoring facility for a company based in the United Arab Emirates that supplies automotive aftercare products.

First Midwest Bank is expanding its specialty lending capabilities by hiring a team of bankers experienced in lending to ESOP-owned companies. _x000D_ _x000D_