Sterling Provides $737K DIP to Gump’s

Sterling Business Finance agreed to provide $737,000 in DIP financing to Gump’s, according to motions filed in the U.S. Bankruptcy Court for the District of Nevada.

Gump’s Files Chapter 11; Hilco, Gordon Bros to Liquidate

Gump’s, the San Francisco-based, 157-year-old department store and retailer, filed voluntary petitions for relief under Chapter 11 in the U.S. Bankruptcy Court for the District of Nevada.

NewStar Business Credit Announces $175MM of New Commitments in Q4/15

NewStar Business Credit announced $175 million in new senior secured credit facility commitments in Q4/15, which included $30 million to PSKW, a portfolio company of Genstar, $28.8 million to AZON Metals and $32 million to an unnamed freight shipping company.