News

CIT Northbridge Credit served as sole lead arranger on a $40 million senior secured credit facility for Hantover, a distributor of products to the food processing industry.

Wintrust Receivables Finance funded a $4 million credit facility for a transportation broker based in Illinois.

FTI Consulting has added Naidira Alemova as a senior managing director and Kyle Daddio as a managing director in the Financial Services practice within the Forensic and Litigation Consulting segment._x000D_ _x000D_

MidCap Business Credit closed a $4 million asset-based credit facility for Trans-Lux.

TD Bank’s U.S. SBA Lending Group closed $2.4 million combined in 7(a) term and 7(a) express loans for The Kubert School in Dover, NJ, which offers a fully accredited three-year course for cartoon and graphic arts.

Coral Capital Solutions provided a $1.2 million annual factoring facility to a startup distributor of natural frozen hand-held pies.

SG Credit Partners provided a $6.5 million senior secured credit facility to a SaaS company

Wells Fargo reported its financial results for the third quarter of 2019. Net income for the quarter was $4.6 billion, compared with $6.0 billion in third quarter 2018.

JPMorgan Chase Bank acted as administrative agent on a $60 million upsize to Lawson Products’ credit facility, bringing the total borrowing capacity to $100 million.

Monroe Capital acted as administrative agent and joint lead arranger on the funding of a senior credit facility to support TEAM Services Group’s partnership with AmeriBest Home Care.