News

PNC Treasury Management became a member of RippleNet, which will allow PNC’s commercial clients to receive real-time cross border payments via blockchain.

Chiron Financial served as investment banker to Pitchfork Cattle Company in the sale of substantially all of its assets to a large oil and gas company with operations in the region.

Law firm Riemer & Braunstein added Lyle Stein to its commercial finance practice in New York City.

Atlantic Gold completed a credit agreement with a syndicate of lenders, led by National Bank of Canada and including Canadian Imperial Bank of Commerce and Caterpillar Financial Services, for a C$150 million ($116 million) senior secured revolving credit facility.

Abacus Finance Group served as administrative agent and lead arranger on $20 million in senior secured credit facilities to support the recapitalization of AccountabilIT by WestView Capital Partners.

Sallyport Commercial Finance provided a $7.5 million combined credit facility to a family-owned apparel company with over 30 years of experience.

Steven Gold, president and CEO of Allied Financial, has been named the Commercial Finance Association 2018 Leadership Award Recipient.

MTBC, a provider of revenue cycle and cloud-based healthcare IT solutions, increased its secured line of credit with Silicon Valley Bank, which is currently untapped, to $10 million to support future growth.

BTIG hired JT Herman as head of Mergers and Acquisitions within its Investment Banking division. He will be based in San Francisco

Royal Bank of Canada approved credit lines for Avante Logixx which include a $10 million acquisition, a revolving operating line of $2 million and a Visa facility of $200,000.