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Week's News

EverBank announced the formation of its Asset-Backed Finance (ABF) division, following the merger of its Fund Finance and Specialty & Lender Finance businesses. This new division will be led by Jeff Johnston, EVP Head of Asset-Backed Finance, and... Read Story

Filed Under: Banking News
August 20, 2024 @ 08:02 AM

Rosin Capital Group launched a new debt capital advisory firm, founded and led by industry veteran John Rosin.With over 30 years of experience in direct lending, Rosin brings a deep understanding of the debt capital landscape. Most recently, he... Read Story

Filed Under: Industry News
August 20, 2024 @ 08:00 AM

nFusion Capital announced that Daniel J. Karas has joined their team as EVP of Asset Based Lending. Karas is responsible for spearheading the strategic expansion of the Asset Based Lending division. “Dan’s proven track record of developing and... Read Story

August 20, 2024 @ 07:53 AM

Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility and equity co-investment to support the acquisition of Xpress Wellness, LLC ("Xpress") by Goldman Sachs Alternatives.Based in Oklahoma City... Read Story

Filed Under: Healthcare
August 20, 2024 @ 07:47 AM

Tradewind Finance closed a $17 million credit facility for a best-selling consumer product manufacturer offering at-home sporting equipment. The USA-headquartered equipment brand makes a variety of strength training products including kettle bells... Read Story

Filed Under: Sporting Goods
August 20, 2024 @ 07:33 AM

AFC Gamma closed a new senior secured credit facility for Private Company Q and expanded its existing senior secured credit facilities for BeLeaf Medical, LLC (“BeLeaf”) and Sunburn Cannabis (“Sunburn”). These transactions underscore Advanced Flower... Read Story

Filed Under: Cannabis
August 20, 2024 @ 07:30 AM

Moritt Hock & Hamroff announced the launch of its newly redesigned website.  The site boasts a clean, modern appearance with  advanced technology and improved navigation that provides the firm's existing and prospective clients with a more intuitive... Read Story

Filed Under: Industry News
August 20, 2024 @ 07:23 AM

Advantage Business Capital, a subsidiary of Central Bank, welcomed two new employees to their growing team. Liz Castillo, Senior Vice President, is Houston, Texas based and Lauren Hogan, Marketing Specialist, is Austin, Texas based.Liz Castillo has... Read Story

August 20, 2024 @ 07:17 AM

ATC Managers closed a $18.3 million bridge loan. This loan refinances an existing note purchase loan secured by a commercial office building.The borrower, an experienced real estate investor, initially acquired the note with the intent to purchase... Read Story

Filed Under: Real Estate
August 20, 2024 @ 07:00 AM

GoldenTree Asset Management, a global asset management firm with approximately $55 billion in assets under management, announced the hiring of Avineet Punhani as Principal. He will be based in the firm’s New York office and will report to Grady Frank... Read Story

August 19, 2024 @ 08:00 AM