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ORIX Corporation USA announced the appointment of Nik Singhal as Managing Director and Group Head of Direct Lending within its Private Credit business. Singhal is based in New York and will report to Jeff Abrams, Group Head of Private Credit and Real... Read Story

June 26, 2024 @ 08:05 AM

Ares Commercial Finance provided a senior secured revolving line of credit to Oats Overnight, Inc. The Company, which is headquartered in Tempe, Arizona, provides a fast-growing, better-for-you high protein oatmeal. Through the Oats Overnight brand... Read Story

June 26, 2024 @ 08:00 AM

Hilco Global announced the completion of a successful engagement with Express as it is sold to Phoenix Retail.  Phoenix Retail, a new retail business, is a joint venture between WHP Global and mall owners Simon Property Group and Brookfield... Read Story

Filed Under: Retail
June 26, 2024 @ 07:58 AM

Lafayette Square USA, a business development company, entered into a new hybrid credit facility with ING Capital. The facility will be secured by a combination of Lafayette Square’s portfolio and the unused capital commitments of its investors and... Read Story

Filed Under: Lender Finance
June 26, 2024 @ 07:57 AM

WhiteHawk Capital Partners entered into a $20 million credit facility to Arizona Athletic Grounds (“AAG”), the USA’s premier youth sports and entertainment facility located in Mesa, Arizona. The financing will enable AAG to further expand products... Read Story

Filed Under: Entertainment
June 26, 2024 @ 07:56 AM

First Citizens Bank's Maritime Finance business provided a senior secured loan of $22 million to Euroseas Ltd. for the financing for a newbuild 2,800 TEU Eco containership. Formed in 2005, Euroseas is an owner and operator of container carrier... Read Story

Filed Under: Marine
June 26, 2024 @ 07:30 AM

Asset Compliant Solutions, a leading collections, recovery and portfolio optimization firm will be hosting a webinar event on Tuesday, July 13 at 3pm EDT titled Prospering in a Changing Landscape. The webinar will feature leaders from asset-based... Read Story

Filed Under: Industry News
June 26, 2024 @ 07:23 AM

Mark Forrest has joined Citizens as a senior vice president on the asset-based lending team to bring additional local focus and expertise as Citizens continues to grow its presence in the Midwest and West regions. He will serve as a trusted advisor... Read Story

June 26, 2024 @ 07:08 AM

Beth Rahn, former Head of Family Capital at McNally Capital,announced the launch of her fundraising advisory firm, New Era Advisors (“New Era”). New Era will provide fundraising advisory and fund placement services to female and diverse investment... Read Story

Filed Under: Industry News
June 26, 2024 @ 07:00 AM

West Marine and certain of its affiliates, the nation's leading omnichannel provider in the marine aftermarket, entered into a new $150 million credit facility from asset-based lender (ABL) Eclipse Business Capital. The transaction extends the... Read Story

Filed Under: Marine
June 25, 2024 @ 08:02 AM