News

Bankruptcy Attorney Phillip W. Nelson has joined Holland & Knight as a senior counsel in the firm's Chicago office._x000D_

GardaWorld has entered into an amending agreement to its actual credit agreement. This incremental financing was provided by two of GardaWorld’s current lenders, Barclays Bank and TD Securities._x000D_

J D Factors has provided $1.145 million in factoring facilities to seven clients during the week of April 8th.

Wells Fargo reported Q1/19 earnings of $5.9 billion was up from $5.1 billion a year earlier. C&I interest income was also up 23 percent compared to a year earlier while lease financing interest income and yields were down from Q1/18.

FirstService has expanded its revolving credit facility by $100 million. The increased commitments under the facility were substantially oversubscribed by a syndicate of 10 banks, led by TD Bank.

Encina Business Credit has provided a $15 million senior secured revolving credit facility to a metal engineering and fabricating company.

Bibby Financial Services has recently provided $1.95 million in funding for four clients.

Total bankruptcy filings for the month of March 2019 decreased 3 percent from this time last year, according to data provided by Epiq Systems.

StreetShares is now offering a small business product where absolutely no fees will be charged on small business loans or lines of credit._x000D_

Steven Khadavi, a transactional attorney and the former managing partner of Dorsey & Whitney's New York office, has joined the corporate practice of Troutman Sanders in the New York office._x000D_