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White Oak Commercial Finance (“WOCF”) and White Oak Europe (“WOE”), affiliates of White Oak Global Advisors (“White Oak”), announced the closing of a new multicurrency credit facility of up to $125 million USD from Wells Fargo. The new facility will... Read Story

Filed Under: Lender Finance
February 28, 2025 @ 08:15 AM

B. Riley Financial entered into a new $160 million senior secured debt facility provided by funds managed by Oaktree Capital Management.B. Riley used approximately $118 million to retire the outstanding debt under its Nomura Senior Secured Credit... Read Story

Filed Under: Lender Finance
February 28, 2025 @ 08:05 AM

SSG Capital Advisors (“SSG”) served as the investment banker to Plastic Suppliers, Inc. d/b/a Earthfirst® and its affiliates and subsidiaries (together, “Earthfirst®” or the “Company”) in the sale of substantially all assets to API Industries, Inc. d... Read Story

Filed Under: Plastics
February 28, 2025 @ 08:00 AM

Wingspire Equipment Finance has strengthened its seven-year relationship with a leading IT managed service provider (MSP) by providing a $30 million capital lease. This latest transaction is part of a broader financial partnership, bringing total... Read Story

Filed Under: Technology
February 28, 2025 @ 07:57 AM

Porter Capital closed a $20 million factoring facility for a Dallas, TX based manufacturing company. The company has a 75-year history of producing battery chargers, jump starters, and power inverters for the automotive and industrial markets. This... Read Story

Filed Under: Manufacturing
February 28, 2025 @ 07:49 AM

Heritage Global Valuations (“HGV”), a division of Heritage Global, a leading appraisal and liquidation firm, announced the appointment of Ray Chen to lead business development initiatives in the Midwest region. This strategic appointment reflects... Read Story

February 28, 2025 @ 06:00 AM

Centinel Spine, a global medical device company focused exclusively on treating cervical and lumbar spinal disease with the most complete and clinically-proven total disc replacement (TDR) technology platform in the world (prodisc®), entered into a... Read Story

Filed Under: Healthcare
February 27, 2025 @ 08:09 AM

Rosenthal & Rosenthal announced the completion of a $2.5 million combined purchase ordering financing and factoring facility to support an Arizona-based pet food and accessories company. The woman-founded and owned company had recently landed several... Read Story

February 27, 2025 @ 08:05 AM

Citizens Asset Finance, a division of Citizens, has named Stan Walker as President, effective March 3, 2025. Walker will succeed Brent Hazzard, who had held the position since 2021 and will be transitioning to a strategic advisor role with Citizens.... Read Story

February 27, 2025 @ 08:00 AM

First Citizens Bank announced that CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management, provided a $30 million credit facility to Conexwest, a leading provider of new, used, and refurbished shipping containers.Founded... Read Story

Filed Under: Shipping
February 27, 2025 @ 08:00 AM