Triangle Capital, a provider of capital to lower middle market companies, received a new commitment of $15 million from United Community Bank to its senior secured credit facility.
A subsidiary of Textainer Group refinanced its credit agreement to extend its term loan and lower the rate on its warehouse facility. PNC, Fifth Third and Everbank Commercial Finance have joined the syndicate of lenders.
Gladstone Investment increased its borrowing capacity on its credit facility to $185 million in aggregate with the addition of East West Bank, M&T Bank, Customers Bank and Talmer Bank and Trust.
Sierra Income announced the closing of a senior secured revolving credit facility led by ING Capital with an initial commitment of $50 million from ING Capital and EverBank Commercial Finance.
EverBank Commercial Finance said Rob Kelly has joined the firm’s technology division as relationship manager. Previously, Kelly served as business development manager for U.S. Bank’s technology business.
Gemino Healthcare Finance closed a $100 million four-year revolver. The new facility, provided by EverBank Commercial Finance, replaces an existing facility.
EverBank Commercial Finance said Chris Ralston has joined the firm’s technology division as VP of business development across the western region. Ralston previously worked for Macquarie Equipment Finance.
EverBank Commercial Finance said it appointed Anthony Sedotto to its office products team as relationship manager. He previously spent 12 years at GE Capital.