News

Venture-backed fintech company Deserve closed a new $100 million credit facility with Credit Suisse.

Pinnacle Capital Finance provided a $4.5 million line of credit to a San Francisco Bay Area design, manufacturer and distributor of indoor and outdoor modern furniture.

RigNet has successfully amended its senior secured credit facility with its existing bank group led by Bank of America as administrative agent.

ENGS Commercial Finance reported its most successful year in the company’s history. ENGS financed a total of $687 million of equipment transactions, a 35% year over year increase, purchased $130 million in invoices in its working capital business and produced...

Capital Now provided two credit facilities to clients for a total of $250,000.

Wells Fargo entered into agreements with the U.S. Department of Justice and the U.S. Securities and Exchange Commission to resolve their investigations into the company’s historical Community Bank sales practices and related disclosures.

Reuters reported that lending syndicates across China are paralyzed as borrowers and businesses assess damage created by the coronavirus

Bank of America served as administrative agent and collateral agent for the $256 million DIP revolver for Pier 1 Imports. Pathlight served as agent for the DIP term loan.

Broocks “Mack” Wilson has joined Blank Rome as an associate in the Finance, Restructuring, and Bankruptcy practice group. He is based in the firm’s Houston office.

Excellon Resources will acquire all the outstanding shares of Otis Gold.