News

J. Scott Victor, managing director of SSG Capital Advisors, was named an Influencer of Finance in the Investment Banking category by The Philadelphia Inquirer.

First Business Capital recently closed and funded a $5.9 million credit facility for a machine parts manufacturer in California.

Bridge Bank extended a credit facility to SteelHouse, an advertising technology company and the first self-serve platform with AI technology that automates advertising to achieve the best outcome.

Construction Finance provided a $250,000 credit facility to a commercial painter in Louisiana.

White Oak Business Capital hired Carol Apicella as senior vice president and senior business development officer. Apicella will be responsible for expanding the firm’s markets in the Northeast and Mid-Atlantic.

Broadwind Energy increased its credit line with CIBC, USA to $35 million, and extended the term of the facility for 3 years.

Amerisource Business Capital closed and funded a $1.5 million credit facility for a New York-based manufacturer and distributor of electrical components.

Alleon Healthcare Capital closed a $3.2 million medical accounts receivable factoring facility with a Texas county hospital within three days.

Owl Rock Capital provided financing to support Thoma Bravo’s acquisition of business software company ConnectWise. The transaction is expected to close on February 28.

Oaktree Specialty Lending upsized and extended its senior secured revolving credit facility, increasing total commitments under the facility from $600 million to $680 million.