- Market Sizing & Impact Study 2023
- Rosenthal Capital Group Closes Five ABL Transactions Across Multiple Industries Totaling $18 Million
- GACC™ Appoints Jared Price as Director, Further Expanding Leadership Team
- Versant Funds $1.4 Million Non-Recourse Factoring Facility to Manufacturer
- NextGen Growth Partners Grows Executive Team
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
Today's Top Story
Featured
Gordon Brothers Expands & Strengthens Executive Group with Key Promotions
Gordon Brothers, the global asset experts, continues to expand and strengthen the firm’s executive group with the promotions of Kyle Shonak to Chief Transaction Officer, North America and Jim Lightburn to Global Head of Commercial & Industrial.
TSL Express Trending Story
Featured
Part 2 -Taking Security in Cross-Border Lending: (How Do You Know) the Steps to Take or Whose Law Is It Anyway?
David Morse of Otterbourg P.C. explores the key relevant rights of the Secured Lender and “Third-Party Effectiveness”, what happens if the obligor on the receivable is located outside
of the United States?, Rome I Regulation and more. Part 1 of this article appeared in the September/October issue of The Secured Lender.
of the United States?, Rome I Regulation and more. Part 1 of this article appeared in the September/October issue of The Secured Lender.
TSL Express Daily Headlines & News
-
Horizon Technology Finance Appoints Paul Seitz as Chief Investment Officer
June 10, 2025Horizon Technology Finance Corporation (NASDAQ: HRZN) (“Horizon” or “HRZN”) (the “Company”), an affiliate of Monroe Capital, and a leading specialty finance company that provides capital in the form of secured loans to venture capital and private equity backed and publicly traded companies in the technology, life science, healthcare information and services, and sustainability industries, announced today that it has appointed Paul Seitz as its new Chief Investment Officer.
-
Cornerstone Business Credit Funds $300,000 Line of Credit to a Medical Transportation Company
June 10, 2025Cornerstone Business Credit is pleased to announce it recently funded a $300,000 line of credit to a medical transportation company. This long-standing business recently encountered strained cash flow and traditional bank financing was not an option.
-
Nicole Williams Shares her Resilient Journey to Earning SFNet's Secured Finance Certified Professional (SFCP) Designation
June 10, 2025SFNet’s Secured Finance Certified Professional (SFCP) program, offered to employees of SFNet members, features a robust curriculum of live online courses. Certification criteria are designed to reinforce industry excellence, elevate professional standing, and propel careers forward. Here, we spotlight one of our first SFCPs, Nicole Williams, (pictured) V.P. Field Examination-Asset Based Lending at Regions Business Capital Corporation.
-
Austin Financial Services Closes a $9MM AR and Inventory Revolver Facility for an Innovative Online Retailer of Consumer Products
June 9, 2025Austin Financial Services, Inc. (AFS) is pleased to announce the closing of a $9 million accounts receivable and inventory revolver facility for an innovative online retailer of consumer products. The facility was used to pay down higher-cost debt and is providing the company with the capital needed to introduce new product lines and increase inventory to support its aggressive growth strategy.
-
Mayer Brown Strengthens Banking & Finance Practice with CLO Lawyer Joanna Suna in New York
June 9, 2025Mayer Brown announced today that Joanna Suna has joined the firm as a partner in its Banking & Finance and collateralized loan obligations (CLO) groups in the New York office. Joanna represents issuers, underwriters and portfolio managers covering a wide range of transactional and regulatory issues involving CLOs, securities repackagings, and other types of complex structured products.
-
GreenPower Closes Third Tranche of Term Loan Offering
June 9, 2025GreenPower Motor Company Inc. (Nasdaq: GP) (TSXV: GPV) ("GreenPower" and the "Company"), a leading manufacturer and distributor of all-electric, purpose-built, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and school bus sector, announces the closing of the third tranche of its previously announced secured term loan offering for an aggregate principal amount of U.S. $300,000 (collectively the "Loans").
-
OR Royalties Announces Increase of Credit Facility and Positive Net Cash Position
June 9, 2025OR Royalties Inc. (the “Company” or “OR Royalties”) (OR: TSX & NYSE) is pleased to announce that it has amended its existing revolving credit facility (the “Credit Facility”), including the conversion from a Canadian dollar denominated facility to a United States dollar denominated facility, as well as an increase in the overall size of the Credit Facility.
-
Advanced Flower Capital Expands Revolving Credit Facility with $20 Million Additional Commitment from Existing FDIC-Insured Banking Partner
June 9, 2025Advanced Flower Capital Inc. (Nasdaq: AFCG) (“AFC”) today announced that it has expanded its senior secured revolving credit facility (“Credit Facility”) to $50 million with an additional $20 million commitment from the facility’s Lead Arranger, an FDIC-insured bank with over $75 billion of assets.
-
Inspired Announces Private Placement of £270 Million Senior Secured Notes and New £17.8 Million Credit Facility
June 9, 2025Inspired Entertainment, Inc. (“Inspired” or the “Company”) (NASDAQ: INSE), a leading B2B provider of gaming content, technology, hardware and services, today announced the completion of a private placement by its subsidiary of £270.0 million aggregate principal amount of senior secured notes due 2030 (the “2030 Senior Secured Notes”).
-
NORDAM Completes Comprehensive Debt Refinancing
June 9, 2025The NORDAM Group LLC (“NORDAM” or the “Company”) announced it repaid the remaining outstanding principal amount of its Term Loan B issued on 9 April 2019. The instrument was refinanced by the issuance of a new $225mm private credit term loan, due 2031. The new term loan was provided by a group of lenders led by Crestline Investors, Inc. with Crestline Direct Finance, L.P. serving as the Administrative Agent.
-
Mosaic Takes Strategic Action to Restructure and Recapitalize with the Support of Its Lender to Position the Company for the Future
June 9, 2025Solar Mosaic (the "Company" or "Mosaic"), a fintech platform for U.S. residential solar and energy-efficient home improvements, today announced the Company filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code (“Chapter 11”) in the United States Bankruptcy Court for the Southern District of Texas (the “Court”).
-
Accuray Announces Convertible Notes Exchange and Refinancing of Existing Credit Facilities
June 9, 2025Accuray Incorporated (NASDAQ: ARAY) today announced that, after an extensive review over the last several months, including the evaluation of numerous potential financing partners, it has entered into privately negotiated agreements with the holders of its existing 3.75% senior convertible notes due 2026 (the "Notes") to exchange an aggregate of $82.0 million principal amount of Notes for an aggregate of 8,881,579 shares of the Accuray's common stock (the "Shares").
-
Sterling Announces Extension and Expansion of Credit Facility
June 9, 2025Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or "the Company") today announced that it requested and received an amendment to its 2019 credit agreement that extends the maturity of the credit facility to June 2028, expands the size of the facility, and improves flexibility.
-
Western Alliance Bank Closes $60 Million Asset-Based Lending Facility for Vertically Integrated Grower/Processor/Distributor of Fresh Vegetable and Value-Added Products
June 9, 2025Western Alliance Bank’s Food, Agriculture and Beverage team is pleased to announce the successful closing and funding of a $60 million Asset-Based Lending (ABL) facility to support the working capital needs of a California-based company specializing in the growing, processing and distribution of fresh vegetables. The ABL facility will support the company’s growth and ongoing working capital requirements from farmgate to its consumer brand.
-
Lincoln Financial and Bain Capital Announce Closing of Equity Capital Raise and Launch of Long-Term Strategic Partnership
June 9, 2025The transaction closing marks the start of a multi-faceted partnership that will enable Lincoln to accelerate its strategy, unlock value creation opportunities, and provide growth capital to be deployed in areas of strategic focus.
-
Greenberg Traurig Adds Private Funds Attorney Daniel F. Rayner to Corporate Practice in New York
June 9, 2025Global law firm Greenberg Traurig, LLP has grown its Corporate Private Funds Group with the addition of Daniel F. Rayner as a shareholder in the New York office. He joins the firm from Clifford Chance.
-
Clarus Capital Closes $25 Million Loan Facility for Privately Held Waste Transportation Provider
June 9, 2025Clarus Capital (“Clarus”), a private credit firm specializing in equipment finance solutions, is pleased to announce the closing of a $25 million equipment loan facility for a privately held waste transportation provider. Immediate financing proceeds supported the acquisition of new waste collection vehicles deployed to service recently awarded and existing multi-year contracts.
-
OCC Eyes Lighter Capital Requirements
June 9, 2025Acting Comptroller of the Currency Rodney Hood confirmed that the Trump administration is working on plans to revise capital requirements for banks, aiming to ease what he described as excessive regulations that could contain credit.
-
Norton Rose Fulbright Welcomes Standout Corporate Partner to Rapidly Growing Chicago Office
June 9, 2025Global law firm Norton Rose Fulbright today announced that Kyle Gann, a highly regarded corporate lawyer, has joined its Chicago office as a partner in the business practice group and a member of the firm’s transactional and regulatory insurance team.
-
NB Bancorp, Inc. and Provident Bancorp, Inc. Enter Into Definitive Merger Agreement
June 9, 2025NB Bancorp, Inc. ("Needham") (Nasdaq: NBBK), the holding company for Needham Bank, and Provident Bancorp, Inc. ("Provident") (Nasdaq: PVBC), the holding company for BankProv, today announced that they have entered into a definitive merger agreement for Provident to merge with and into Needham in a stock and cash transaction.
The Secured Lender
SFNet's The Women in Secured Finance Issue
© 2026 Secured Finance Network



