News

Dean Foods and substantially all of its subsidiaries have initiated voluntary Chapter 11 reorganization proceedings in the Southern District of Texas.

Encina Business Credit has provided a $15 million commitment as part of a $135 million senior secured credit facility to a coal mining company.

Briar Capital Real Estate Fund has provided a $4.785MM real estate term loan to a fashion products wholesaler located in Tampa, FL.

FirstClose completed a credit facility with Pacific Western Bank.

LBC Small Cap, an affiliate of LBC Credit Partners, provided a senior secured term loan and equity co-investment to support the acquisition of Auchinachie by Astar Heating & Air, a portfolio company of Dubin Clark._x000D_ _x000D_

Scott H. Bernstein joined Change Capital as senior vice president and general counsel.

SG Credit Partners launched an interest-only bridge loan product designed to provide a liquidity solution for asset-rich, liquidity-constrained entrepreneurs.

BFS Capital has appointed Brian Simmons as chief operating officer.

Twin Cities-based Bridgewater Bank has launched Bridgewater Equipment Finance.

MarineMax has expanded its financing facility to provide for borrowings of up to $440 million from the previous limit of $400 million.