News

J D Factors provided $895,000 in factoring facilities to six clients during the first week of April.

Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility in conjunction with Insignia Capital Group’s investment, which together will help to accelerate MediaAlpha’s growth plans._x000D_

Capstone has recently committed $9.7 million in factoring agreements for three clients.

Amerisource Business Capital has recently closed and funded $3 million in facilities for two clients

Stonebriar Commercial Finance has allocated all bonds, confirmed pricing and is set to close its fifth commercial equipment asset-backed securitization, SCFET 2019-1, a $650 million ABS issuance.

Ankura promoted four employees to the title of senior managing director: David E. Benkert, Scott Carr, David Manek and Evelyn Ni._x000D_

CIBC Innovation Banking provided $5 million in working capital financing to Geoforce, a global provider of field asset tracking solutions. The company will use the funds to accelerate its product delivery.

The Maryland Senate Finance Committee defeated S.B. 786, a bill that would impose a state-specific fiduciary standard on investment advice.

Bernhardt Nadell joined law firm King & Spalding as a partner in the Corporate, Finance and Investments practice group in the New York office.

Celtic Capital closed a $300,000 equipment loan with its most recent client, a Washington-based steel fabricator and installer.