News

J.P. Morgan completed an $18 million credit facility for DreamHost, a Managed WordPress services and web hosting provider.

Square 1 Bank provided a $45 million credit facility to existing client New State Capital Partners, a private equity firm specializing in middle-market investments.

Carrianne Basler, a managing director in AlixPartners’ Turnaround and Restructuring practice, was named chair of the 2018-2019 Board of Directors of the International Women's Insolvency and Restructuring Confederation.

Popular Bank entered into a partnership with fintech company Biz2Credit in order to expand the bank's digital presence and streamline its small business loan application process.

Allied Affiliated Funding closed two transactions totaling $1.8 million for two different clients.

The Credit Junction, the first data-driven, asset-based lender for small and mid-sized businesses, secured a $23 million growth equity investment from Century Equity Partners.

Oxford Finance provided debt financing to support Sheridan Capital Partners’ investment in Empower Physical Therapy, a physical therapy practice management company.

First Bauxite received an additional financing facility under a third bridge loan agreement with Resource Capital Fund VI, which will provide the company with $10 million in loans.

MainStreet Bancshares reported total assets of $1.06 billion as of September 30, 2018, up 50% compared to $705.5 million at the end of the same period in 2017.

A Capital One survey conducted at the ABS East 2018 Conference found that 94% of respondents expect buy-side interest in asset-backed securities to increase or remain the same in the coming year.