News

Optimism among small business owners jumped significantly in the latest quarterly Wells Fargo/Gallup Small Business Index, with an overall Index score of 129, the highest ever recorded in the survey’s 15-year history.

Uranium Energy extended its current $20 million senior secured credit facility to January 31, 2022. Sprott Resource Lending Partnership was a lender on the facility.

Thomas E. Walker, Jr., joined Jones Walker as a partner on the Banking & Financial Services Industry Team in the law firm's Jackson, FL office.

Capital Now provided $650,000 in facilities to three Canadian clients in November 2018.

According to data provided by Epiq Systems, commercial chapter 11 filings increased 50% in November 2018 over November of last year, though total bankruptcy filings experienced a 2% decrease year over year.

Andreas Balsiger Betts and Olivier Goarnisson joined Sidley Austin as a senior advisor and a counsel in the life sciences practice, respectively, in the firm’s Swiss office.

Most U.S. small business owners anticipated year-over-year revenue growth in 2018, with many indicating plans to expand in 2019, according to the Bank of America Business Advantage Small Business Owner Report.

Monroe Capital increased TRP Construction Group’s credit facility to support the latter’s acquisition of Southern States Pavement Markings.

Signature Bank partnered with trueDigital to develop Signet, a new digital payments platform designed to enable real-time payments for the bank’s commercial clients.

Gibraltar Business Capital funded a $5.5 million line of credit to support Industrial Value Partners’ acquisition of South Carolina Elastics, a division of Rhode Island Textile Company.