News

Siena Lending Group, a provider of asset-based lending solutions, closed a $105 million credit facility for a processor and distributor of frozen vegetables. Siena’s financing includes a $70 million revolving line of credit encompassing receivables, inventory and equipment, along with...

Frank Marsicano has joined CIBC as managing director within the asset-based lending group, bringing more than 30 years of industry experience. Marsicano will focus on originating new senior ABL financings for middle market companies — including emerging brands, growth businesses...

Clearside Biomedical completed its financial restructuring and emerged from Chapter 11. All conditions to the effectiveness of the company’s plan of reorganization, as confirmed by the United States Bankruptcy Court for the District of Delaware, have been satisfied or waived,...

Global non-bank funder Bizcap has officially launched in the U.S., expanding its international footprint and bringing its funding model to a large, small business market. Bizcap’s U.S. launch marks a milestone in the company’s global growth strategy and reinforces its...

BHI, the U.S Branch of Bank Hapoalim, B.M. and a full-service commercial bank, has provided a $100 million capital call line of credit to KRE Capital Management, a newly-launched $425 million credit platform with a lending capacity of more than...

Gordon Brothers, the global asset experts, provided strategic financing to Birks Group, a Canadian designer and retailer of fine jewelry, watches and gifts. With more than a century of experience in the jewelry industry, Gordon Brothers partnered with Birks Group...

Alterra IOS, a player in the industrial outdoor storage (IOS) sector that has acquired more than 495 sites nationwide, closed a $400 million refinancing led by Truist Financial and KeyBank, supporting the continued expansion of its growing industrial outdoor storage...

Monroe Capital added Alexandra Artes-Roy as a director on the direct originations team. Based in Monroe’s Los Angeles office, Artes-Roy will be responsible for originating new business opportunities within the West Coast region. Artes-Roy has over 10 years of experience...

Regions Bank appointed veteran wealth management executive Thom Smith to serve as Regions Private Wealth Management regional executive for Georgia, North Carolina and South Carolina. Throughout his career, Smith has built and led high-performing teams, implemented growth initiatives and supported...

In celebration of its 20th anniversary and two decades of helping build stronger, more vibrant and prosperous communities, the Old National Bank Foundation is donating a total of $20,000 to 20 nonprofit organizations throughout its nine-state footprint. Since its start...