TSL Express Daily Articles & News
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MidCap Business Credit Adds Ray to New Business Team
MidCap Business Credit has appointed Ryan Ray as Senior Vice President of its business development team. Ray has spent the last 15 years in asset-based finance in business development, most recently with Accord Financial. Ryan will be located in Chicago and will cover the Midwest market further cultivating relationships with asset-based lenders, private equity sponsors, investment bankers, advisors, and other financial institutions.
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SFNet Announces Secured Finance Certified Professional Program: Elevating Standards in the Industry
In the dynamic world of secured finance, maintaining an edge is paramount. To meet the evolving needs of the SFNet community, we are launching an innovative and comprehensive certification program. The Secured Finance Network’s Secured Finance Certified Professional (SFCP) Program is designed to equip individuals with the knowledge and skills, necessary to excel in asset-based lending and factoring.
TSL Express Daily Headlines & News
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SLR Business Credit Closes $13.5 Million Credit Facility
March 5, 2025SLR Business Credit is pleased to announce the funding of a $10,000,000 ABL RLOC for an over 80-year-old manufacturer of custom precision components for the medical, energy, nuclear, aerospace, defense, and oil & gas industries.
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Alleon Healthcare Capital Provides a $2,000,000 Medical Accounts Receivable Financing Facility to a NJ-Based Mental Health Disorders and Substance Abuse Center
March 5, 2025Alleon Healthcare Capital, LLC (“Alleon”), a specialty finance company focused on providing healthcare accounts receivable financing, medical accounts receivable factoring, and cash flow solutions to medical providers in the U.S., recently closed a $2,000,000 medical accounts receivable financing facility with a mental health disorders and substance abuse center based in New Jersey (“Company”).
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White Oak Commercial Finance Provides $90M Senior Secured Revolving ABL Facility to Leading Steel Production Company
March 5, 2025White Oak Commercial Finance (“WOCF”), an affiliate of White Oak Global Advisors (“White Oak”), today announced it has provided a $90M senior secured revolving ABL facility to a leading steel production company and service center. The company and its subsidiaries provide an extensive supply of flat-rolled coil products to the automotive, construction, oil & gas, and agriculture industries.
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Perkins Coie Continues NYC Market Growth With Capital Markets Partner Elliott Smith and Counsel Sarah Ross
March 5, 2025Perkins Coie is pleased to announce that Elliott Smith and Sarah Ross have joined the firm’s Corporate & Securities practice as a partner and counsel, respectively, in the New York office. Their additions further strengthen the firm’s public company and capital markets presence and capabilities in the world’s leading financial market.
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Azzur Group ("Azzur") Reaches Agreement to Sell Consulting Business for $56 Million to ELIQUENT Life Sciences
March 5, 2025Azzur Group, a leading service provider to FDA-regulated pharmaceutical and biotech companies, today announced that it has reached an agreement to sell its consulting business to a strategic acquirer, ELIQUENT Life Sciences with the support of its investor GHO Capital, for $56 million.
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America’s Car-Mart, Inc. Announces Closing on Extension and Upsize of Its Revolving Credit Facility
March 5, 2025America’s Car-Mart, Inc. (NASDAQ: CRMT) (“we,” “Car-Mart” or the “Company”), today announced that it has extended and upsized its asset-based revolving credit facility (“ABL Facility”).
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Octane Closes $150 Million Whole Loan Sale with Nuveen
March 4, 2025Octane® (Octane Lending, Inc.®), the fintech revolutionizing the buying experience for major recreational purchases, announced today that it has sold a portfolio of $150 million of fixed-rate installment powersports loans to Nuveen, the investment manager of TIAA, one of the most highly rated and financially stable insurance companies in the United States.
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GA Group Hires Retail Expert Seth Marks as SVP, Head of Wholesale Solutions
March 4, 2025GA Group, a leading asset disposition, valuation, appraisal, and real estate services firm, today announced that Seth Marks has joined as Senior Vice President and Head of Wholesale Solutions. Marks is a recognized industry expert with over 30 years of experience in off-price retail, wholesale, and liquidation sectors.
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Briar Capital Real Estate Fund Provides $5.6MM Commercial Real Estate Loan to an Ohio Sheet Metal Component Manufacturer
March 4, 2025Briar Capital Real Estate Fund (www.BriarCapital.com) is pleased to announce the closing of a new $5.6MM commercial real estate loan in Ohio to a sheet metal component manufacturer doing business in the transportation sector.
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AFS Closes a $4MM ABL Facility to a Third-Party Logistics and eCommerce Order Fulfillment Provider
March 4, 2025Austin Financial Services (AFS) is pleased to announce the closing of a $4 million asset-based lending (ABL) facility comprised of an accounts receivable revolver to a dynamic third-party logistics and eCommerce order fulfillment provider.
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Monroe Capital Selected as the 2024 Lower Mid-Market Lender of the Year by Private Debt Investor
March 4, 2025Monroe Capital LLC (“Monroe”) was selected as the recipient of the 2024 Lower Mid-Market Lender of the Year (Americas) by the Private Debt Investor (“PDI”) awards. PDI is a private markets publication, tracking the institutions, the funds, and the transactions shaping the private debt markets. PDI is published by PEI, the only global B2B information group focused exclusively on private equity, private debt, private real estate, infrastructure and agri investing.
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Gambling.com Group Expands Credit Facility to $165 Million
March 4, 2025Gambling.com Group Limited (Nasdaq: GAMB) (“Gambling.com Group” or the “Company”), a fast-growing provider of digital marketing services for the global online gambling industry, today announced it entered into an amendment to its existing credit facility (the “Credit Facility”), with Wells Fargo Bank, National Association, as administrative agent, expanding its total available credit and extending its maturity.
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Trinity Capital Inc. Expands Life Sciences Presence to East Coast with John Orlando as Managing Director
March 4, 2025Trinity Capital Inc. (NASDAQ: TRIN) (the "Company"), a leading alternative asset manager, today announced the appointment of John Orlando as Managing Director of Life Sciences, based in Boston. Mr. Orlando, an established leader with over a decade of experience in venture lending, has built a strong reputation as a trusted partner within the Life Sciences industry.
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SLR Healthcare ABL Provides Financing to a Healthcare Staffing Company
March 4, 2025SLR Healthcare ABL has provided a $4MM asset-based revolving credit facility to a sponsor-backed, highly diversified healthcare staffing business. The company offers the following services nationwide: locums/permanent staffing for physicians, CRNAs, NPs and PAs across multiple specialties;
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Peapack Private Bank & Trust Welcomes Joseph E. Fingerman
March 4, 2025Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack Private Bank & Trust are proud to announce that Joseph E. Fingerman has joined the Bank as Senior Managing Director and President of Commercial Real Estate, responsible for managing and growing the Bank's commercial real estate lending platform.
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Latham & Watkins Expands Investment Funds Practice in New York
March 4, 2025Latham & Watkins LLP is pleased to announce that Mark Proctor has joined the firm’s New York office as a partner in the Investment Funds Practice. Proctor advises clients on the establishment of, investment in, and ongoing operation of private investment vehicles, and regularly provides advice to investment managers in connection with various strategic transactions.
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Nuvation Bio Secures Up to $250 Million in Non-Dilutive Financings from Sagard Healthcare Partners
March 4, 2025Nuvation Bio Inc. (NYSE: NUVB), a global biopharmaceutical company tackling some of the greatest unmet needs in oncology, today announced non-dilutive financings of up to $250 million with Sagard Healthcare Partners (Sagard). The transaction comprises a royalty interest financing of $150 million and a senior term loan of up to $100 million.
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Solifi Names Karan Oberoi as Chief Product Officer
March 4, 2025Solifi, a global fintech software partner for secured finance, announced the appointment of Karan Oberoi as its new Chief Product Officer. Mr Oberoi brings a wealth of experience to Solifi, having previously served as Chief Product Officer with Backbase, a leading Engagement Banking platform in The Netherlands.
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Citizens Financial Group Announces Executive Committee Appointments
March 3, 2025Citizens Financial Group, Inc. (NYSE: CFG) today announced appointments to the company’s Executive Committee that will help further accelerate its strategic growth agenda.
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e.l.f. Beauty Secures $500 Million Revolving Credit Facility
March 3, 2025e.l.f. Beauty, Inc. (NYSE:ELF), a Delaware-based cosmetics company with a market capitalization of $3.96 billion and impressive gross margins of 71%, has entered into a significant financial agreement, establishing a new $500 million revolving credit facility.
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SFNet's The 81st Annual Convention Issue

