- Samba TV Secures Up to $60 Million Growth Capital Facility from Horizon Technology Finance
- Coral Capital Solutions Provides Factoring Facility to a Leading Not-for-Profit Home Care Provider
- Access Capital Supports Nelson Connects’ Next Chapter of Growth
- Sound Point Partners with CAIS to Broaden Access to Private Credit Solutions for the Wealth Channel
- Tower Partners Advises Lendscape on International Purchase of WinFactor
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
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SFNet Announces IMPACT Award Winners and 2024 Hall of Fame Inductees
SFNet is pleased to announce the winners of its inaugural IMPACT Awards and the inductees into the 2024 SFNet Hall of Fame. The IMPACT Award recipients embody the core values and achievements that the SFNet community strives to uphold and promote. Hall of Fame inductees have made significant, lasting contributions to the secured finance industry throughout their careers. We look forward to celebrating with this august group on the evening of November 12 in Houston, prior to SFNet’s Annual Convention.
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SFNet's International Lending Conference, now in its 18th year, will be held May 13-15, 2024, and will offer thought-provoking discussions led by experts who will explore the nuances of international transactions, and gain strategic intelligence on global economic trends. Issues surrounding private equity, private debt, syndications, restructurings, and technology in ABL will also be addressed.
TSL Express Daily Headlines & News
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Fast-Growing Supplement Manufacturer Consolidates Financing with eCapital’s $15MM Factoring Facility
February 10, 2025eCapital, a leading technology-enabled finance provider specializing in tailored funding solutions for businesses across North America and the United Kingdom, has provided a $15 million factoring facility to a rapidly growing manufacturer of premium vitamins and supplements. The facility streamlines the company’s cash flow, enabling it to offer extended terms to customers and strengthen key partnerships.
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BMO Joins IBM Quantum Network
February 10, 2025BMO is the first Canadian bank to access the IBM Quantum Network as it bids to harness the technology to develop and deploy new approaches to help clients optimise investment portfolio strategies, and uncover deep insights into risk management solutions.
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Closing Sales Begin at All Liberated Brands Store Locations
February 10, 2025Gordon Brothers, the global asset experts, has begun closing sales at all 122 Volcom, Billabong, Quiksilver, ROXY, Honolua Surf, RVCA, Beachworks, Becker Surfboards, ZJ Boarding House, Spyder and Boardriders store locations under Liberated Brands’ retail fleet in the U.S.
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Experienced Wall Street Executives Join Squire Patton Boggs
February 10, 2025Daniel Rudder and Nathan Romano join New York office as SPB grows consulting services aimed at helping asset managers navigate investment risk and enhance value.
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Webster Bank Serves as Joint Lead Arranger $255,492,000 Five-Year Financing for Kayne Anderson and Remedy Medical Properties Joint Venture
February 10, 2025Webster Bank’s Healthcare CRE and Middle Market team served as joint lead arranger on a $255,492,000 five-year financing to joint venture partners Kayne Anderson Real Estate and Remedy Medical Properties.
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JPMorgan Appoints Co-Heads of Commercial Banking Sable and Smith
February 10, 2025JPMorgan Chase appointed Matt Sable and Melissa Smith as co-heads of commercial banking, the largest U.S. lender said on Friday, as it continues to reorganize the unit. The move follows a broader leadership reshuffle last month in which Jennifer Piepszak was named as chief operating officer to succeed Daniel Pinto.
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Kapwork Debuts to Automate and Accelerate Invoice Factoring
February 10, 2025Kapwork, the company increasing access to working capital, announced Kapwork Verify to help Factors deploy capital faster, minimize risk, and reduce operational costs. Verify's Portal Agents automate invoice verification across thousands of vendor portals, saving valuable time and cutting operational costs by as much as 20%.
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Encina Private Credit Provides First Out Tranche in Senior Secured Facility to Eagle Merchant Partners Portfolio Company Eskola Roofing and Waterproofing
February 10, 2025Encina Private Credit, LLC (“EPC”) is pleased to announce that it provided a senior secured credit facility to support the continued growth of Eagle Merchant Partner’s portfolio company Eskola Roofing and Waterproofing (“Eskola”).
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CFPB Chief Closes Headquarters
February 10, 2025The newly appointed acting director of the U.S. Consumer Financial Protection Bureau (CFPB), Russell Vought, ordered staff to stay home and not perform any work on Monday. This directive followed a decision to shut down the CFPB’s Washington headquarters, effectively idling nearly 2,000 employees responsible for enforcing consumer financial laws.
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GardaWorld Finalizes a Downward Revision of Rates to its Credit Facility
February 10, 2025Garda World Security Corporation ("GardaWorld" or the "Company"), an entrepreneurial-driven corporation focused on building global champions in security services, AI-enabled security technology, integrated risk management and cash automation solutions, announced today the closing of a repricing amendment to its existing US$2.3 billion Term B credit facilities (the "Term Loan").
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CohnReznick Announces National Leadership Changes
February 10, 2025CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced several key national leadership changes effective as of Feb. 1, 2025.
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nFusion Capital Inks Largest Single Deal with $46 Million Facility
February 10, 2025nFusion announced it provided a $46 million factoring and inventory line of credit to a multichannel marketing entity. Headquartered in Texas, this multichannel marketing entity offers digital marketing, commercial print, direct mail, envelopes, distribution automation, signage, apparel, promo and gifting, and creative marketing solutions.
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Distress in Green Tech Leads to Secondary-Market Bargains
February 10, 2025Online auctions are featuring more assets from financially distressed startups in areas like solar energy, “green” packaging, experimental foods and electric vehicles and batteries, observed a Tiger Group executive.
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Peapack Private Bank & Trust Welcomes John Soffronoff as Enterprise Risk and Compliance Officer
February 10, 2025- Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack Private Bank & Trust are proud to announce that John Soffronoff has joined the Bank as Enterprise Risk and Compliance Officer responsible for developing and maintaining effective, efficient, and scalable risk management and compliance programs commensurate with Peapack Private's growth and strategy objectives.
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WebBank Announces Ken Laudano Named SVP – Head of Lender Finance
February 10, 2025WebBank is pleased to announce the appointment of Ken Laudano as Senior Vice President – Head of Lender Finance. In this capacity, Mr. Laudano will be responsible for growing the Bank’s asset-backed lending business.
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TAB Bank Finishes 2024 Providing Nearly 300 Companies with $57 Million in Loans for Growth and Operations
February 10, 2025Q4 2024 funding includes factoring, asset-based and equipment loans, small business lines of credit and more for companies in transportation, manufacturing and distribution, e-commerce, maintenance, logistics and other industries
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OHA is Administrative Agent & Joint Lead Arranger of Private Unitranche Financing Supporting Berkshire Partners’ Acquisition of Triumvirate Environmental
February 10, 2025Oak Hill Advisors (“OHA”) served as Administrative Agent and Joint Lead Arranger for the private unitranche facility used to support the acquisition of Triumvirate Environmental, Inc. (“Triumvirate”) by Berkshire Partners.
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Encina Lender Finance Provides $46 Million First-Out Commitment in Partnership With Structured Credit Fund
February 10, 2025Encina Lender Finance, LLC (“ELF”) announced today that the company has provided a $46 million “first-out” commitment in partnership with a structured credit fund. The facility is secured by a pool of unsecured consumer installment loans.
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Garnet Capital Closes Sale of Large Subprime Lease Portfolio
February 10, 2025Garnet Capital Advisors, a leader in the national loan sale market, is pleased to announce the closing of the sale of a credit facility collateralized by a $117 million subprime lease portfolio on behalf of the co-lenders, who are leading institutions in the industry.
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Eclipse Business Capital Upsizes its Senior Credit Facility With Wells Fargo to $1.9 Billion
February 10, 2025Eclipse Business Capital, LLC (“EBC”) today announced the successful upsizing of its primary asset-based lending (ABL) facility to $1.895 billion. The upsize, agented by Wells Fargo and backed by a syndicate of premier banks, aligns with the firm’s outlook for growth in 2025 and beyond.
The Secured Lender
SFNet's The 81st Annual Convention Issue
