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- Change Capital Provides $1.3MM to Support Pro-Athlete Housing Company’s Refinance and Expansion Initiative
- American Resources Corporation Secures $5 Million Credit Facility with Old National Bank to Procure Rare Earth and Critical Mineral Feedstocks
- Trinity Capital Inc. Provides Equipment Financing to Sortera Technologies to Scale AI-Powered Upcycling Innovation
- Xponential Fitness, Inc. Announces Debt Refinancing, New Credit Facilities
TSL Express Daily Articles & News
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Sallyport Announces $7,000,000 Accounts Receivable Finance Supporting Acquisition
Sallyport is pleased to announce the provision of $7,000,000 in Accounts Receivable Finance to support a strategic acquisition in the entertainment services industry. Our new client, who successfully purchased the business - an existing Sallyport client, through an Article 9 Sale, chose us to ensure a seamless transition for existing debtors and customers.
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The Secured Finance Foundation has again joined forces with NYU Stern Executive Education to bring a multi-faceted learning experience taught by NYU Professor, Nathan Pettit coupled with real-world secured finance applications. This two-day course, held in person at NYU Stern, June 11-12, will introduce attendees to a variety of analytical frameworks while simultaneously modelling tactical approaches – all with the focus on developing leadership skills.
TSL Express Daily Headlines & News
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Loeb Carves Success For a Woodworking Company
February 13, 2025A well-established woodworking company in Minnesota acquired a smaller competitor with the help of a $1.2 million term loan from Loeb. This acquisition embodies the importance of collaboration and adaptability in financial transactions.
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Tiger Group Offers Prized M&R Polaris PR 2 Stryker Printers
February 13, 2025Tiger Group is now accepting offers on three high-speed, direct-to-garment POLARIS™ printing systems manufactured by M&R Sales & Services, Inc., along with other equipment that is surplus to the operations of a large textile-embellishment company.
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Haynes Boone Fund Finance Report Reveals New Lenders Driving Down Pricing and Fueling Innovation
February 13, 2025Haynes Boone's new Fund Finance Annual Report reveals a reversal in market dynamics, with facility pricing tightening to pre-2023 levels and a surge of new lenders reshaping the competitive landscape. The increase in market players is also driving innovation, with industry leaders reporting a wave of uniquely tailored financial products at the same time fundraising is expected to increase.
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James T. Bowen II Promoted to Senior Vice President - Credit Administration at First Bank and Trust Company
February 13, 2025First Bank and Trust Company and its parent holding company, First Bancorp, Inc., are pleased to announce the promotion of James T. Bowen II to Senior Vice President – Credit Administration. Bowen will take on this expanded role after 13 years of dedicated service to the organization, bringing his extensive expertise in credit management and banking to oversee the bank's loan portfolio and credit culture.
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Healthcare Funding Partners Announces $180 Million Senior Secured Credit Facility
February 13, 2025Healthcare Funding Partners (HFP) is pleased to announce the successful closing of a $180 million Senior Secured Credit Facility. J.P. Morgan served as Sole Bookrunner and Joint Lead Arranger, with Citi as the supporting Joint Lead Arranger
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Eco Material Technologies Inc. Announces Close of $800 Million Term Loan Facility
February 13, 2025Eco Material Technologies Inc. ("Eco Material" or the "Company"), the leading producer, marketer and distributor of supplementary cementitious materials ("SCMs") and producer of green cement products in North America is pleased to announce the successful closing of an $800.0 million term loan credit facility (the "Green Term Loan Facility") that matures in February 2032 and provides Eco Material with enhanced financial flexibility and support for its strategic initiatives.
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Applied Digital Closes $375 Million Financing with SMBC to Support Ellendale HPC Campus
February 13, 2025Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure for HPC applications, announced today that the Company, through its HPC subsidiary APLD HPC Holdings LLC (“APLDH”), closed a $375 million financing with SMBC.
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Oaktree Closes Opportunities Fund XII at $16 Billion
February 13, 2025Oaktree Capital Management, L.P. (“Oaktree”) today announced the final close of Oaktree Opportunities Fund XII (“Opps XII” or “the Fund”), with approximately $16 billion of commitments, including co-investment and affiliated vehicles.
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AlixPartners Announces Catherine Sherwin and Mark Veldon as EMEA Co-Heads
February 12, 2025AlixPartners, the global consulting firm, today announced that Catherine Sherwin and Mark Veldon have been appointed to serve as EMEA Co-Heads, effective immediately. The new Co-Heads of EMEA, both of whom are currently in senior leadership roles at AlixPartners, were selected following an internal process.
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ATC Managers, LLC Closes $51 Million Loan for Multifamily Portfolio Acquisition and Refinance
February 12, 2025ATC Managers, LLC, a direct private lender specializing in flexible real estate financing, is pleased to announce the successful closing of a $51 million loan for the acquisition and refinance of a multifamily portfolio spanning Los Angeles, Miami, Dallas, Phoenix and Atlanta.
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Online Auction Features Late-Model Tractor Trucks and Trailers
February 12, 2025A court-approved bankruptcy sale on February 19 offers an opportunity to acquire well-maintained trucks and trailers at liquidation values. Tiger Group is conducting the live webcast auction as part of the complete liquidation of a leading North American tractor truck and trailer dealer and leasing company.
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Cambridge Savings Bank Announces $20M Revolving Line of Credit to Arctaris Impact Investors to Enhance Community Investment Strategy
February 12, 2025Cambridge Savings Bank (“CSB”), a full-service mutual bank with a customer-first approach and $7 billion in assets, today announced that its Asset-Based Lending (“ABL”) team has provided a $20M revolving line of credit to Arctaris Impact Investors, LLC (“Arctaris”). Based in Wellesley, Massachusetts, Arctaris will use the financing to enhance the capabilities of Arctaris Impact’s abilities to provide profitable, growth-oriented businesses in underserved regions throughout the U.S.
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President Trump Announces Nominations for Several key Financial Regulatory Positions
February 12, 2025President Donald Trump on Tuesday announced nominations for several key financial regulatory positions. He named Jonathan McKernan to lead the Consumer Financial Protection Bureau, replacing Rohit Chopra.
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Sallyport Commercial Finance Provides a $10M Funding Boost for AgTech Innovator
February 12, 2025Sallyport Commercial Finance is thrilled to announce that it has successfully provided a $10,000,000 facility to a leading hydroponic and lighting supplies company in the Agricultural industry. The funding, structured across Accounts Receivable, Inventory, and Purchase Order Finance, will empower the company with the working capital necessary to support their rapid growth and the launch of an exciting new product line
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White Oak Commercial Finance Provides $60M Revolving Credit Facility to Leading Utility Construction and Infrastructure Company
February 12, 2025White Oak Commercial Finance (“WOCF”), an affiliate of White Oak Global Advisors (“White Oak”), announced it has provided a $60M revolving credit facility to a leading utility construction and infrastructure company in the United States. The company and its operating entities specialize in building, upgrading, and maintaining next-generation infrastructure networks for utility and communication partners nationwide.
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Invesco's $1.4 Billion Fundraise: A Boon for Middle-Market Lending
February 12, 2025Invesco Private Credit has successfully closed its flagship Invesco Direct Lending Fund II, raising a substantial $1.4 billion in investable capital. This achievement not only strengthens Invesco's position in the $1.4 trillion private credit market but also capitalizes on favorable market dynamics, creating opportunities for private lenders like Invesco
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Provident Bank Strengthens Executive Leadership Team, Welcoming Chief Lending Officer to Advance Commercial Banking and Lending Strategy
February 12, 2025Provident Bank, a leading New Jersey-based financial institution, is pleased to announce the addition of Bill Fink as Executive Vice President, Chief Lending Officer, leading the commercial bank and the commercial lending growth strategy.
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Universal Kraft Canada Renewables Secures USD 15 Million Credit Facility for Solar Energy Development
February 12, 2025Universal Kraft Canada Renewables, a joint venture between Korkia and Universal Kraft, announced a USD 15 million initial commitment credit facility, expandable to up to USD 50 million, with American asset-based lender Crayhill Capital Management.
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Siena Lending Group Closes $27.5 Million Asset-Based Credit Facility for Pure Safety Group
February 12, 2025Siena Lending Group LLC ("Siena"), a leading asset-based lending company, is pleased to announce the closing of a $27,500,000 asset-based credit facility for Pure Safety Group (“PSG”), a global leader in fall protection equipment and safety solutions. The credit facility will provide PSG with enhanced financial flexibility to support its working capital needs and strategic growth initiatives.
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MidCap Business Credit LLC Provides $10 Million Asset-Based Line of Credit to Winter Clothing Distributor
February 12, 2025MidCap Business Credit LLC announced today that it has completed a $10 million asset-based line of credit to a distributor of winter clothing. The opportunity was sourced and closed out of MidCap’s headquarters in West Hartford, CT.
The Secured Lender
SFNet's The 81st Annual Convention Issue
