News

Amerisource Business Capital closed and funded a $600,000 credit facility for a New York based manufacturer of component parts for the aerospace, commercial, military and transportation industries.

Private Debt Investor once again selected Monroe Capital as the recipient of its 2018 Lower Mid-Market Lender of the Year Award in the Americas region.

Mark Howard joined professional services firm Alvarez & Marsal as a managing director in the Public Sector Services unit. Howard will be the national lead of the state and local government consulting practice.

Gibraltar Business Capital closed a $10 million credit facility for a sponsor-backed specialty chemical business located in the Southwest.

Paragon Financial will celebrate its silver anniversary this year after 25 years of funding companies from startup through hyper-growth.

Texas Capital Bank closed a senior secured credit facility for Flex Leasing Power and Service, a provider of small gas turbine power solutions for the oil and gas sector.

Debt investment firm Marble Ridge Capital sent a letter to the Neiman Marcus board of directors in light of the credit default swap market indicating a greater than 80% probability of default.

Encina Business Credit provided a $42 million senior secured credit facility to a consumer products company.

Silicon Valley Bank opened its Canadian headquarters in Toronto, where it will provide in-market commercial financing solutions to private and public technology and life science companies and their investors across Canada.

The United States Bankruptcy Court for the Southern District of Texas, Houston Division approved the going-concern sale of Westmoreland Coal’s assets pursuant to its Chapter 11 plan.