- Tiger Group Offers Rental-Ready Audiovisual Gear from Stray Angel Films
- Rosenthal Capital Group Closes Two Purchase Order Financing Transactions Totaling $5 Million
- Eclipse Business Capital Provides $75 Million Senior Secured ABL Facility to Consumer Products Supplier
- eCapital Provides $10MM in Recent Healthcare Receivables Fundings
- CIBC Announces Senior Executive Leadership Changes
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
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JPalmer Collective Completes $72 Million Capital Raise to Accelerate Growth and Fund New Clients
JPalmer Collective (JPC), an asset-based lending company committed to funding high-growth, women-led and natural products companies, today announced a series of transactions raising $72 million in gross proceeds. The raise will accelerate JPC’s growth trajectory and fund new loans to JPC borrower clients.
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Navigating Economic Uncertainty: Key Insights from the SFNet Market Pulse Report
As we delve into the second quarter of 2024, the financial landscape is marked by both challenges and opportunities. The latest SFNet Market Pulse Report provides a comprehensive analysis of various economic indicators, trends, and projections that are crucial for stakeholders in the secured finance (notably asset-based lending and factoring) industries. This article synthesizes the key findings and insights from the report, offering a detailed overview of the current economic outlook, credit markets, consumer finances, sector activity, and global economic trends.
TSL Express Daily Headlines & News
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nFusion Capital Provides $17 Million Factoring and Inventory Financing Facility to Support Consumer Products Company Strategic Move
March 19, 2025nFusion Capital recently provided a $17 million factoring and inventory financing facility to a leader in the intimate apparel industry that has consistently pioneered innovative products, including launching the first backless, strapless adhesive bra. Headquartered in Texas, the Company offers a diverse range of lingerie products and accessories and has a successful nearly four-decade history.
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DWS and Deutsche Bank Launch Private Credit Cooperation
March 19, 2025DWS and Deutsche Bank today announced the launch of a strategic cooperation to develop private credit origination and investment opportunities for DWS clients across the private credit space. As part of the cooperation, DWS will have preferred access to certain asset-based finance, direct lending and other private credit asset opportunities originated by Deutsche Bank.
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Stellus Capital Management, LLC Provides Unitranche Financing In Support Of Civc Partners' Investment In Strategus LLC
March 18, 2025Stellus Capital Management, LLC ("Stellus") announced today that its affiliates provided senior debt financing and an equity co-investment in support of CIVC Partners, L.P.'s ("CIVC") investment in Strategus LLC ("Strategus") in partnership with co-founders Dave Miles and Joel Cox, CEO Todd Porch, and the broader Strategus management team.
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BMO Announces Tony Sciarrino as Head, U.S. Commercial Bank
March 18, 2025BMO today announced the appointment of Tony Sciarrino as Head, U.S. Commercial Bank. Sciarrino will report to both Nadim Hirji, Group Head, BMO Commercial Bank and Darrel Hackett, U.S. CEO, BMO. He will join BMO's U.S. Management Committee and the BMO Commercial Bank Executive Committee.
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Sallyport Commercial Finance Provides $6 Million Facility to Agriculture Company
March 18, 2025Sallyport Commercial Finance, committed to empowering businesses with the financial solutions they need to thrive, is pleased to announce a $6,000,000 non-notification Factoring facility to support a leading agriculture company in their strategic restructuring and growth journey.
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Austin Financial Services Closes a $4MM Facility for Downhole Drilling Service and Equipment Solutions Company
March 18, 2025Austin Financial Services, Inc. (AFS) is pleased to announce the closing of a $4 million accounts receivable and inventory revolver facility, complemented by an M&E term loan, to support an equity group’s acquisition of an integrated downhole drilling service and equipment solutions company.
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QuickFi Named “Best Overall LendTech Company” in 9th Annual FinTech Breakthrough Awards Program
March 18, 2025QuickFi® today announced that it was selected as the winner of the “Best Overall LendTech Company” award in the 9th annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies, and products in the global FinTech market today.
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Monroe Capital Supports Milrose Consultants’ Acquisition of Construction Specifications, Inc.
March 18, 2025Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Construction Specifications, Inc. (“CSI”) by Milrose Consultants, LLC, an existing portfolio company of Southfield Capital.
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Hedaya Capital Provides $3.5 Million Facility to Apparel Company
March 18, 2025The Hedaya Capital Group recently provided a $3.5 million factoring facility to a men's lifestyle and streetwear clothing brand headquartered in New York. Launched in 1986, they successfully sold to mid-tier department stores such as J.C. Penny until the pandemic and resulting shutdowns substantially reshaped the retail apparel sector, favoring off-price retailers such as TJ Maxx and Burlington.
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Global Consulting Company J.S. Held Announces CEO Succession
March 18, 2025Global consulting firm J.S. Held announces that Chief Executive Officer (CEO) Jonathon (Jon) Held intends to step down as Chief Executive Officer. J.S. Held President and Chief Operating Officer (COO) Lee Spirer will succeed Jon Held as President and CEO.
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Blue Owl Capital Hires Blake Shorthouse as Global Head of Family Capital
March 18, 2025Blue Owl Capital Inc. ("Blue Owl") (NYSE: OWL), a leading alternative asset manager, announced today the hiring of Blake Shorthouse as Global Head of Family Capital. Blake will be based in London and report to James Clarke, Global Head of Blue Owl's Institutional Business.
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SLR Credit Solutions Agents Senior Credit Facility For Daniel's Jewelers
March 18, 2025Daniel’s Jewelers, a 105 store nationwide jewelry retailer serving a growing and diverse customer base, today announced that it has closed on a new senior credit facility provided by SLR Credit Solutions, a leading provider of direct private credit to middle-market companies.
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Haynes Boone Adds US EPA Deputy Regional Counsel Clarissa Howley Mills as Environmental Partner
March 18, 2025Haynes Boone is delighted to welcome Partner Clarissa Howley Mills to the firm’s Dallas office and Environmental Practice Group. Mills joins from the United States Environmental Protection Agency (EPA), where she spent the last nine years protecting the government’s interests in high-profile cases, most recently as Deputy Regional Counsel EPA Region 6.
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Winston & Strawn Represents Oben Group
March 18, 2025Winston & Strawn represented Oben Group, largest plastic film producer in the Americas and one of the top five producers in the world, in connection with a US$42 million private placement of debt securities to institutional investors.
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FGI Strengthens and Expands Leadership Team with Key Promotions
March 17, 2025FGI Worldwide LLC (www.FGIWW.com) (“FGI”), today announced the promotions of Nikki Rangra, Chris Fulman and David Ding to Senior Managing Director, expanding the firm’s leadership team.
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Dillard’s, Inc. Amends and Extends Revolving Credit Facility
March 17, 2025Dillard’s, Inc. (DDS-NYSE) (“Dillard’s” or “the Company”) announced that it has amended and extended its $800 million senior secured revolving credit facility consistent with the Company’s liquidity needs. A $200 million expansion option remains in place. The new maturity date is March 12, 2030.
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Terravest Announces The Acquisition of Entrans International and Amended Credit Facility
March 17, 2025TerraVest Industries Inc. (TSX: TVK) ("TerraVest") is pleased to announce that it has acquired EnTrans International ("Entrans") – a premier North American manufacturer of tank trailers and transportation solutions.
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CIBC U.S. Asset Based Lending Provides Senior Credit Facility to Support New Water Capital’s Acquisition of Dutch Gold Honey, Inc.
March 17, 2025CIBC U.S. Asset Based Lending is pleased to announce the closing of a senior credit facility to support New Water Capital Partners II, L.P.’s acquisition of Dutch Gold Honey, Inc., as well as provide working capital to fuel the continuing growth of the business and a comprehensive suite of banking services.
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Second Avenue Capital Partners Provides a USD $20 Million Senior Secured Credit Facility to Canadian Home Fashion Brand Bouclair
March 17, 2025Second Avenue Capital Partners (SACP), a Schottenstein affiliate, is pleased to announce the closing of a USD $20 million senior secured credit facility for Bouclair, a leading Canadian home brand and omnichannel retailer specializing in stylish and affordable home décor and furnishings.
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Federal Reserve Board Approves the Acquisition of Sterling Bank and Trust, F.S.B. by EverBank Financial Corp
March 17, 2025Sterling Bancorp, Inc. (NASDAQ: SBT) (“Sterling” or the “Company”), the holding company of Sterling Bank and Trust, F.S.B. (the “Bank”), today announced the receipt of regulatory approval from the Board of Governors of the Federal Reserve System of the Company’s sale of all of the issued and outstanding shares of capital stock of the Bank to EverBank Financial Corp, a Delaware corporation (“EverBank”), which is the final regulatory approval needed to complete the sale transaction.
The Secured Lender
SFNet's The 81st Annual Convention Issue
