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WSFS Hires Moyer as SVP and Director of Loan Syndications
WSFS Bank has hired Brooke Moyer as Senior Vice President and Director of Loan Syndications, reporting to Jim Gise, Senior Vice President, Middle Market, Syndications and Capital Markets.In his role, Moyer will be responsible for arranging, pricing, structuring and distributing multi-bank commercial...
Gordon Brothers Capital Affiliate Boosts Liquidity for Big Lots with New FILO Term Loan
Big Lots has increased its borrowing capacity by up to $200 million with a new "first in, last out" term loan facility (the "FILO Term Loan Facility") through 1903P Loan Agent, LLC, an affiliate of Gordon Brothers Capital. The FILO Term Loan Facility significantly enhances the Company's liquidity...
4/19/2024
ABI Supports Bipartisan Legislation to Extend Debt Sublimit for Subchapter V
The American Bankruptcy Institute (ABI) supports the recently introduced S. 4150 by Sen. Richard Durbin (D-Ill.) to extend key provisions of the “Bankruptcy Threshold Adjustment and Technical Corrections Act” that were due to sunset on June 21 for an additional two years to 2026. S. 4150...
4/19/2024
SLR Healthcare ABL Provides $9MM Asset-Based Line of Credit to Nursing Home Operator
SLR Healthcare ABL (“SLRHC”) provided financing for a $9 million asset-based revolving credit facility to an Illinois based nursing home operator (“Company”). The Company includes four facilities with over 1,100 beds that specialize in short-term rehab, skilled nursing, and physical therapy. The...
4/19/2024
 
Upcoming Commercial Financing Regulations: Insights from Florida, Connecticut, and Georgia
Dan Taylor
Regulators have introduced regulations that require financial disclosures to small businesses that seek commercial...
2/6/2024 Topic: Regulatory
The pullback of super regional banks gives smaller regional and community banks...
Topic: Banking
 
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