SVB Provides Additional $1MM Term Loan to Ignyta

Ignyta, a personalized medicine company, announced that Silicon Valley Bank expanded its support through an additional $1 million capital term loan facility. The new facility is incremental to Ignyta’s previous $500,000 facility with SVB.

Trump Lender Services, Inc.

Trump Lender Services, Inc. is a leading provider of field examinations for lending institutions throughout the country.

FirstMerit Bank Provides $6.7MM Revolver to Addison McKee

FirstMerit Bank Business Credit closed a new $6.7 million revolving credit loan and lease facility to Addison McKee, a portfolio company of Albion Investors. Proceeds of the facility were used to refinance existing debt and provide ongoing working capital.

Wanxiang’s A123 Systems Acquires Non-Government Assets

A123 Systems LLC, a newly formed, wholly owned subsidiary of Wanxiang America, announced that it acquired substantially all of the nongovernment business assets of A123 Systems, Inc.

Liquid Capital of South Texas Teams With Pivotal Funding

Ron Edinger, CEO of Liquid Capital of South Texas and Southwest Business Funding, has partnered with Marty Bartlett, president of Pivotal Funding Group, to provide a $5.5 million credit facility to a fast-growing California company.

K-V Pharmaceutical Receives Approval of DIP Loan, Settlement

K-V Pharmaceutical received court approval of its settlement agreement with Hologic, and was allowed to enter into an $85 million DIP financing with affiliates or funds of each of Silver Point Finance, Whitebox Advisors and Pioneer Investment Management.

RBC Capital Markets Provides Financing for LMI Acquisition

In connection with LMI Aerospace’s acquisition of Valent Aerostructures, RBC Capital Markets has committed to arrange and Royal Bank has committed to provide a $300 million facility.

Bank of Montreal Agents Increase to Warren Resources Facility

Warren Resources announced that Bank of Montreal, as syndicate agent, as well as a group of lenders underwriting the company’s $300 million senior secured credit facility has increased the borrowing base to $140 million.

Salus Capital Refinances Kid Brands’ Credit Facility

Kid Brands has refinanced its existing senior credit facility with Salus Capital Partners as lender, administrative agent and collateral agent.

Court Confirms Star Buffet’s Reorganization Plan

Star Buffet announced that the U.S. Bankruptcy Court for the District of Arizona entered an order confirming the company’s Second Amended Plan of Reorganization.