Whartenby Joins First Financial Service as EVP, CCO
First Financial Service Corporation announced an addition to the senior leadership of the company and its subsidiary, First Federal Savings Bank of Elizabethtown. Rob Whartenby has joined the company...
View ArticleBofA Agents Regional Management Facility Upsize to $538MM
Regional Management, a specialty consumer finance company, announced it has amended and restated its senior revolving credit facility agreement, receiving an increase in the committed line under the...
View ArticleAloStar Agents $52.5MM Revolver for Fora Financial
Fora Financial, a provider of working capital solutions to small businesses, closed a $52.5 million senior revolving credit facility. A group of four financial institutions will participate in the new...
View ArticleFirst Tennessee Provides $20MM Revolver for First Bancshares
On December 6, First Bancshares, holding company for the Hattiesburg, MS-based First National Banking Association, repurchased all 17,123 shares of its cumulative, perpetual preferred stock, series CD...
View ArticleBofA Agents America’s Car-Mart Facility Upsize to $200MM
A group of lenders led by Bank of America increased America’s Car-Mart credit facility from $171.2 million to $200 million and extended the maturity date to December 12, 2019. In addition to Bank of...
View ArticleBofA Agents Nicholas Financial Amendment
Nicholas Financial entered an amendment to its existing $250 million credit facility, with Bank of America as agent. The lenders made the following commitments to the revolver: $90 million from Bank of...
View ArticleTD Bank, First Tennessee Extend RTI Surgical Facility
RTI Surgical, a global surgical implant company, sold its cardiothoracic closure business to A&E Advanced Closure Systems (A&E Medical), a cardiovascular medical device OEM and a portfolio...
View ArticleBMO Harris Provides $100MM Revolver to Snap Finance
Snap Finance, a fintech company and provider of lease-to-own financing at the point of sale to customers of eCommerce and brick-and-mortar merchants, secured a revolving credit facility from a...
View ArticleFirst Tennessee Hires SVP, Director of Treasury Management
Somesh Kasibhatla joined First Tennessee Bank as senior vice president and director of treasury management products. Kasibhatla will develop and oversee technological strategies for treasury management...
View ArticleUnited Community Bank Adds $15MM to Triangle Capital Facility
Triangle Capital, a provider of capital to lower middle market companies, received a new commitment to its senior secured credit facility in the amount of $15 million, bringing total commitments under...
View ArticleBofA, JPMorgan, Others Provide $50MM Upsize to Newpark Revolver
Newpark Resources amended and extended its outstanding credit agreement, increasing its asset-based revolving loan from $150 million to $200 million and reducing applicable borrowing rates. The bank...
View ArticleBofA Agents Regional Management Facility Upsize to $538MM
Regional Management, a specialty consumer finance company, announced it has amended and restated its senior revolving credit facility agreement, receiving an increase in the committed line under the...
View ArticleAloStar Agents $52.5MM Revolver for Fora Financial
Fora Financial, a provider of working capital solutions to small businesses, closed a $52.5 million senior revolving credit facility. A group of four financial institutions will participate in the new...
View ArticleFirst Tennessee Provides $20MM Revolver for First Bancshares
On December 6, First Bancshares, holding company for the Hattiesburg, MS-based First National Banking Association, repurchased all 17,123 shares of its cumulative, perpetual preferred stock, series CD...
View ArticleBofA Agents America’s Car-Mart Facility Upsize to $200MM
A group of lenders led by Bank of America increased America’s Car-Mart credit facility from $171.2 million to $200 million and extended the maturity date to December 12, 2019. In addition to Bank of...
View ArticleBofA Agents Nicholas Financial Amendment
Nicholas Financial entered an amendment to its existing $250 million credit facility, with Bank of America as agent. The lenders made the following commitments to the revolver: $90 million from Bank of...
View ArticleTD Bank, First Tennessee Extend RTI Surgical Facility
RTI Surgical, a global surgical implant company, sold its cardiothoracic closure business to A&E Advanced Closure Systems (A&E Medical), a cardiovascular medical device OEM and a portfolio...
View ArticleBMO Harris Provides $100MM Revolver to Snap Finance
Snap Finance, a fintech company and provider of lease-to-own financing at the point of sale to customers of eCommerce and brick-and-mortar merchants, secured a revolving credit facility from a...
View ArticleFirst Tennessee Hires SVP, Director of Treasury Management
Somesh Kasibhatla joined First Tennessee Bank as senior vice president and director of treasury management products. Kasibhatla will develop and oversee technological strategies for treasury management...
View ArticleUnited Community Bank Adds $15MM to Triangle Capital Facility
Triangle Capital, a provider of capital to lower middle market companies, received a new commitment to its senior secured credit facility in the amount of $15 million, bringing total commitments under...
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