MidCap Business Credit Closes Two Senior Secured ABL Credit Facilities
MidCap Business Credit closed two new senior secured ABL credit facilities totaling $19 million. The first is a $7 million...
Independent Bank Appoints Stodolak as EVP, Retail Banking Following Daniel’s Retirement
Independent Bank Corporation, the holding company of Independent Bank, promoted Mike Stodolak to executive vice president, retail banking. Most recently,...
Commercial Equipment Finance Lender Selects Hyland Content Innovation Cloud
A commercial equipment finance organization has selected Hyland’s Content Innovation Cloud (CIC) to modernize its loan processing operations. The customer’s...
Great Rock Capital Provides $100MM of Liquidity to Power Solutions Company
Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, provided $100 million of liquidity through a...
Raymond James: Business Owners Prioritize Unlocking Concentrated Wealth to Pursue New Ventures
A new Raymond James survey of more than 500 owners of privately held businesses asked how they’re approaching their livelihoods,...
Silver Point Capital Acquires Controlling Interest in Claims of Onset Financial
Silver Point Capital has acquired a controlling interest in the claims of Onset Financial and certain of its funding partners...
Celtic Capital Provides $1.27MM to Manufacturer
Celtic Capital provided a $750,000 accounts receivable line of credit and a $516,200 equipment loan to meet the needs of...
First Financial Completes Acquisition of BankFinancial
First Financial Bancorp will close its previously announced acquisition of Chicago-based BankFinancial through an all-stock transaction, expanding First Financial’s presence...
DuChene Joins Board of Directors of MUFG Americas and U.S. Advisory Board
Mitsubishi UFJ Financial Group (MUFG), a global financial group, elected Carolyn DuChene to the board of directors for MUFG Americas...
Capital Bancorp Implements Management Changes
Capital Bancorp renewed Ed Barry’s employment agreement through December 2027 and evolved its executive leadership structure designed to support the...
