Crestmark provided more than $57.9 million in financing to 294 businesses in the second half of June, including a total of $16.4 million in ABL financial solutions for 14 new clients.
Read moreDetailsHunton Andrews Kurth is advising Hi-Crush (HCR) in its Chapter 11 filing. HCR filed its petition for Chapter 11 protection on July 12 in the Southern District of Texas, listing approximately $600 million in debt.
Read moreDetailsTriad Manufacturing completed a refinancing with J.P. Morgan Chase Bank. FocalPoint Securities served as the exclusive investment banker to the company.
Read moreDetailsFranchise Group is providing Tuesday Morning with a $25 million debtor-in-possession loan as part of its bankruptcy proceedings.
Read moreDetailsThe Financial Technology Report named Sam Graziano, co-founder and CEO of Fundation, one of the top 50 financial technology CEOs of 2020. Fundation is a financial technology company focused on modernizing how credit is delivered to the small business market.
Read moreDetailsTiger Group will begin accepting bids on July 14 for a live online auction of selected assets to the continuing operations of Spectrum Cubic, including a variety of materials handling items.
Read moreDetailsRunway Growth Credit Fund reported total new loan commitments for Q2/20 equaled $60.4 million. The company funded four loans and other investments during Q2/20, including $30 million senior secured term loans to Intact Vascular and CloudPay.
Read moreDetailsBay Point Advisors provided a multi-tiered, senior secured debtor-in-possession loan to Hannah Solar. The funds will allow Hannah Solar to consolidate its existing secured debt and obtain the working capital necessary to fund its operations during its reorganization process.
Read moreDetailsIn a Q2/20 update, Stellus Capital Investment reported that 45 million of unused borrowing capacity. In addition, the company reported cash balances of approximately $23 million while unfunded commitments were approximately $27.6 million.
Read moreDetailsSSG Capital Advisors acted as the investment banker to PQ New York and Subsidiaries d/b/a Le Pain Quotidien in the sale of select U.S. assets to Aurify Brands.
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