Truist Provides $63.2MM Credit Facility to HireQuest

HireQuest, a national franchisor of on-demand, temporary and commercial staffing services, closed a $63.2 million credit facility comprised of a $60 million revolving credit facility and a $3.2 million term loan with Truist (formerly BB&T), the company’s existing lender.

July 7, 2021 HireQuest | Richard Hermanns | Truist Ian Koplin

Truist Provides $125MM Revolver to REPAY

Truist Securities acted as lead arranger with Truist Bank serving as administrative agent for a senior secured revolving credit facility totaling $125 million for REPAY.

February 5, 2021 John Morris | REPAY | Truist Phil Neuffer

Touchstone Bankshares Adds Link as Chief Lending Officer

Sean Link joined Touchstone Bankshares as the company’s chief lending officer. Link most recently served as senior vice president of commercial banking at Truist in Richmond, VA.

December 30, 2020 James Black | Sean Link | South State Bank | Touchstone Bankshares | Truist | Union Bank and Trust Phil Neuffer

SFNet Virtual Convention Starting Nov. 17 to Address Future of Finance

The Secured Finance Network’s 76th Annual Convention, “This Way Forward,” will take place from Nov. 17 to 19 and will cover financial, economic and political disruptions that banks and finance companies face in the midst of a pandemic and the aftermath of the U.S. election.

November 12, 2020 Accord Financial Inc. | Ayesha Rascoe | B. Riley | Bank of America Business Capital | BDO USA | Blank Rome | BMO Harris Bank | CIT | Clear Thinking Group | Conway McKenzie | Danielle DiMartino Booth | David A. Brandon | Fortis Business Advisors | FTI Consulting | Gordon Brothers | Heritage Global Valuations | Hilco Global | Houlihan Lokey | James Mattis | Keybridge Research | Morgan Lewis | Nika White Consulting | North Mill Capital | Otterbourg P.C. | Paul Cronin | Richard Gumbrecht | Santandar Bank | Secured Finance Network | The Alta Group | Thinking Ahead Executive Search | Truist | Wells Fargo Capital Finance Ellie Delany

Truist Unveils Venture Capital Division, Vreeland to Lead

Truist Financial launched Truist Ventures, a corporate venture capital division, and appointed Vanessa Indriolo Vreeland, an executive with more than 20 years of private equity, venture capital and banking experience, to lead the new venture.

September 17, 2020 Dontá Wilson | Marwan Forzley | Truist | Truist Ventures | Vanessa Indriolo Vreeland | Veem Rita Garwood

KeyBanc Agents New $100MM Purple Innovation Credit Facility

Purple Innovation executed a new five-year $100 million senior secured credit facility, consisting of a $45 million term loan and a $55 million revolving line of credit, with a group of financial institutions led by KeyBanc Capital Markets.

September 4, 2020 Arvest Bank | Bank of Montreal | Fifth Third Bank | Joe Megibow | KeyBanc Capital Markets | KeyBank | Purple Innovation | Raymond James | Silicon Valley Bank | Truist | wells fargo Phil Neuffer

BofA, JP Morgan, Truist Upsize Sally Beauty’s Asset-Based Line of Credit by $120MM

Bank of America, JP Morgan and Truist completed an amendment to Sally Beauty’s existing secured asset-based revolving line of credit, increasing the borrowing capacity by $120 million to $620 million.

April 20, 2020 Bank of America | Chris Brickman | JP Morgan | Sally Beauty Holdings | Truist Phil Neuffer

Truist Agents Increase to Main Street Capital Facility

Truist served as administrative agent on an increase from $705 million to $740 million for the revolving credit facility of Main Street Capital, according to a related 8K filed with the SEC.

March 26, 2020 Amegy Bank | BancorpSouth Bank | Bank of Texas | Cadence Bank | City National Bank | Comerica Bank | Dwayne L. Hyzak | First Financial Bank | First National Bank of Pennsylvania | Frost Bank | Hancock Whitney Bank | Main Street Capital | Mutual of Omaha Bank | Raymond James Bank | Royal Bank of Canada | Texas Capital Bank | Truist | Trustmark National Bank | Veritex Community Bank | Woodforest National Bank Phil Neuffer

Truist Commits $2MM for Small Business Aid During COVID-19 Pandemic

Truist Financial committed $1 million each to community development financial institutions LiftFund and Natural Capital Investment Fund to support small businesses affected by the COVID-19 pandemic.

March 26, 2020 Janie Barrera | LiftFund | Marten Jenkins | Natural Capital Investment Fund | Sharon Jeffries-Jones | Truist | Truist Financial Phil Neuffer

JPMorgan Agents $1B Facility for Carlisle Companies

Carlisle Companies amended and extended its $1 billion credit facility with JPMorgan serving as administrative agent.

February 11, 2020 Carlisle Companies | HSBC Bank | JPMorgan | PNC Bank | TD Bank | Truist nadine