News

Great American Group named Drew Jakubek and Bill Soncini national marketing managers of the firm’s Advisory and Valuation Services business.

Change Capital provided $150,000 in working capital to Pure Cycles, one of the largest distributors of lifestyle bicycles in the United States.

Sterling National Bank financed a secured credit facility for a provider of software management solutions for the ground transportation industry.

Utica Leaseco completed a $500,000 capital lease for a construction company during the week of January 21, 2019.

In a recent interview for the American Bankruptcy Instiute’s latest podcast, Jay Bender, Kristina M. Stanger and John H. Thompson discussed the unfortunate disparity in the Bankruptcy Code’s treatment for disabled veterans who seek Chapter 7 relief.

Crestmark provided more than $25.6 million in commercial financing solutions for 94 clients in the first half of January 2019.

Twin Brook served as administrative agent on a financing to support the Cisive’s acquisition of PreCheck, a provider of background screening compliance monitoring and credentialing solutions for the healthcare industry.

National Bank of Canada led a banking syndicate on a $75 million upsize to Park Lawn’s financing arrangement, increasing the borrowing capacity from $150 million to $225 million.

TAB Bank provided a $1 million revolving credit facility to a frozen foods company based in California.

Hercules Capital Funding Trust 2019-1, an indirect subsidiary of Hercules Capital, issued $250 million in class A notes rated A(sf) by KBRA, backed by approximately $357.2 million of senior secured loans.