TSL Express Daily Articles & News
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Saks Mulls Bankruptcy After Raising Billions for Turnaround
Saks Global Enterprises, facing limited options ahead of a more than $100 million debt payment due at the end of this month, is considering Chapter 11 bankruptcy as a last resort, according to people with knowledge of the situation.
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Featured
Back To The Future – The Advent Of Re-Shoring And Its Impact On Secured Financing
Over the past three decades, we have witnessed a shift in manufacturing sourcing strategies, moving from domestic to global, to near-shoring, and now back to domestic sourcing.
TSL Express Daily Headlines & News
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Altus Expands Leadership Team to Advance Commercial Execution and Strategic Growth
January 13, 2026Altus, the trusted leader in commercial receivables management and business-to-business collections, today announced the addition of two senior leaders to its organization: Marco R. Constante, Executive Vice President, Commercial Operations & Enablement, and Ross Lafont, Vice President, Corporate Development and FP&A.
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JPalmer Collective Funds OM Mushrooms With $6.5M Line of Credit
January 13, 2026JPalmer Collective (JPC), an asset-based lending firm dedicated to supporting high-growth, women-owned and -led, and natural products companies, today announced the closing of a $6.5M line of credit to Om Mushrooms, a pioneer in functional mushrooms.
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Oaktree Asset-Backed Income Fund Launches for U.S. Individual Investors
January 13, 2026Brookfield today announced its private wealth platform has launched the Oaktree Asset-Backed Income Fund (“OABIX” or the “Fund”), an evergreen interval fund intended to provide U.S. individual investors with access to Oaktree’s asset-backed finance (“ABF”) expertise.
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KORE Capital Provides $1 Million Working Capital Facility to Support Entrepreneur Rebuilding Business After Personal Hardship
January 13, 2026KORE Capital Corporation, a leading provider of accounts receivable– based working capital solutions, announced that in Q4, 2025 it extended a $1,000,000 financing facility to support an entrepreneur returning to business after a period of significant personal loss and challenge.
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Hedaya Capital Provides $1M Factoring Facility to Telecom Contractor
January 13, 2026The Hedaya Capital Group recently provided a $1 million factoring facility to a Texas-based telecom infrastructure contractor, specializing in telecom wireless tower buildouts and upgrades. With $5 million in projected 2026 sales, the Company specializes in the design, development, and implementation of mission-critical RF Infrastructure products and components.
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Online Auction Beginning January 15 Features New and Used Projectors, LED Lights and Other AV Gear with $20 Million At-Cost Value
January 13, 2026More than 700 lots of excess gear from Solotech’s 200,000-square-foot rental depot in Las Vegas go to gavel in a Tiger Group online auction concluding January 22.
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Leveraged Finance Partner Mae Rogers Joins King & Spalding in New York
January 13, 2026King & Spalding announced today that Mae Rogers has joined the firm’s Finance and Restructuring practice group as a partner. She is based in the New York office.
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Nassau Global Credit Launches New Credit Strategy
January 13, 2026Nassau Global Credit (“NGC”) announced the launch of its new Credit Opportunities strategy supported by capital commitments of up to $400 million from seed investors.
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Trinity Capital Achieves Record $2.1 Billion of New Commitments and $1.5 Billion in Funded Investments in 2025
January 13, 2026Trinity Capital Inc. (Nasdaq: TRIN) (the "Company"), a leading alternative asset manager, today announced a portfolio update for the fourth quarter and full year of 2025. Trinity Capital funded $435 million of total investments in the fourth quarter, bringing fundings for 2025 to a record $1.5 billion. In addition, the Company originated $543 million of new commitments during the quarter, resulting in a record $2.1 billion of new commitments for the full year.
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U.S. Clean Energy Platform Aspen Power Raises $200 Million from Deutsche Bank
January 13, 2026Clean energy platform Aspen Power announced today the closing of a $200 million capital raise provided by Deutsche Bank, with proceeds from the financing aimed at accelerating its development of distributed solar and storage projects across the U.S.
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Elevex Capital Announces $1 Billion Forward Flow Agreement With TPG
January 13, 2026Elevex Capital, LLC ("Elevex"), an independent commercial equipment finance company, today announced it has closed on a forward flow agreement with TPG, a leading global alternative asset management firm. The agreement provides Elevex access to $1 billion in capital, enabling the company to originate and fund larger transactions with a dedicated capital partner.
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Medallion Bank Announces Executive Promotions
January 13, 2026Medallion Bank (Nasdaq: MBNKO, the “Bank”), an FDIC-insured bank providing consumer loans for the purchase of recreational vehicles, boats, and home improvements, along with loan origination services to fintech strategic partners, is pleased to announce Justin Haley’s promotion to President of the Bank and Travis Betenson’s promotion to SVP and Chief Financial Officer.
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Heritage Global Inc. Acquires The Debt Exchange, Inc. (DebtX)
January 13, 2026Heritage Global Inc. (NASDAQ: HGBL) (“Heritage Global,” “HG” or “the Company”), an asset services company specializing in financial and industrial asset transactions, today announced that a wholly owned subsidiary of the Company, Heritage DebtX LLC (“Heritage DebtX”), has acquired substantially all of the assets of The Debt Exchange, Inc. (“DebtX”), in an all-cash transaction valued at approximately $8.5 million.
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Hogan Lovells Welcomes 2026 with Partner and Counsel Promotions Across the Americas, Europe, and Asia-Pacific
January 13, 2026Global law firm Hogan Lovells announced the promotion of 28 lawyers to partner and 53 to counsel effective 1 January.
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SFNet New Member Spotlight: Decipher Credit Solutions, Inc.
January 12, 2026Decipher is a modern automation platform built to streamline the full credit lifecycle for asset-based lenders. Decipher powers AI-driven onboarding and credit reviews including KYC, KYB, financial spreading, receivables/payables and inventory aging analysis, ineligibles and borrowing base calculations, and cash flow evaluation.
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Monroe Capital Supports Coalesce Capital’s Acquisition of DecisionHR Holdings, Inc.
January 12, 2026Monroe Capital LLC (“Monroe”) announced it acted as lead-left, administrative agent on the funding of a senior credit facility to support the acquisition of DecisionHR Holdings, Inc. (“DecisionHR”) by private equity sponsor Coalesce Capital.
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QXO Upsizes Convertible Preferred Equity Placement to $3 Billion
January 12, 2026QXO, Inc. (NYSE: QXO) (the “Company” or “QXO”) today announced a $1.8 billion increase to its previously announced $1.2 billion financing led by funds managed by affiliates of Apollo Global Management, Inc. (NYSE: APO) (“Apollo”), bringing the total investment in QXO to $3 billion.
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SolaREIT Expands Revolving Credit Facility to $80 Million with Atlantic Union Bank and EagleBank
January 12, 2026SolaREIT™, the leading solar and battery storage real estate investment company, announced today the expansion of its revolving credit facility to $80 million through an increased commitment from Atlantic Union Bank (NYSE: AUB) and their syndication partner, EagleBank (NASDAQ: EGBN). Atlantic Union Bank serves as sole book runner and administrative agent for the facility, leading the structuring and syndication efforts.
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Austin Financial Services Closes $10MM ABL Facility for Leading Logistics and Shipping Provider
January 12, 2026Austin Financial Services, Inc. (AFS) is pleased to announce the closing of a $10 million accounts receivable revolver for a leading logistics and shipping provider specializing in mail and parcel delivery across the U.S. and Latin America.
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Top California Lender Begins 2026 with New Investor Capital and $25.9 Million in Loan Closings; Texas Expansion Underway
January 12, 2026Top California Lender, a nationwide private lender focused on commercial real estate financing, announces a strong start to 2026 following the onboarding of a new group of high-net-worth and institutional investors and the closing of three commercial real estate loans totaling $25.9 million.
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