- Gibraltar Business Capital Structures $35MM Funding for Acquisition of American Furniture Manufacturing by SouthWorth Capital Management
- Associated Banc-Corp Completes Acquisition of American National Corporation, Accelerating Growth Momentum in Attractive Markets
- News Detail
- Republic Bank Appoints Frank Vitarelli as Florida Market President
- Flatbay Capital Structures $2MM Owner-Occupied CRE Bridge Loan for Houston-Area Construction Contractor
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
Today's Top Story
Featured
Secured Finance Network posts Q3 survey results from bank and non-bank lenders
Data from the Secured Finance Network revealed generally mixed results in the asset-based lending market for the third quarter, with deal activity receding in response to fewer new client commitments, and the portfolio performance index improving for both non-banks and banks against already historically strong levels.
TSL Express Trending Story
Featured
On October 18, JPalmer Collective (JPC), an asset-based lending company committed to funding high-growth, women-led and natural products companies, 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.
Here we sit down with Jennifer Palmer, CEO and founder of JPalmer Collective, to learn more about the unique capital raise, which had a strategic combination of financing close simultaneously.
TSL Express Daily Headlines & News
-
King Trade Capital Provides a $1.8MM Purchase Order Finance Solution
May 20, 2025King Trade Capital is pleased to announce the closing of a $1.8MM purchase order finance facility for an aerospace parts company in support of their newly awarded U.S. Air Force contract. The client approached King Trade Capital seeking a fast and flexible finance solution to support the acquisition and refurbishment of five nose landing gears required under the contract.
-
Republic Business Credit Hires Katie Hay, AVP Legal Analyst
May 20, 2025Republic Business Credit is pleased to announce the expansion of its legal team with the addition of Katie Hay as VP, Legal Analyst. She will report to VP, Legal Manager Christy Morgan and will be based in Republic’s New Orleans office.
-
Flatbay Capital Provides Houston Fabricator a $1.7MM CRE Loan
May 20, 2025Our client is a Houston-based fabricator focused on interior design for commercial spaces. After realizing that complex design projects were often overlooked or cut from the budget of construction projects, the owners combined their expertise and creativity to meet the need. The shop currently offers various services to the design community across Texas.
-
First Citizens Bank Provides $50 Million to SLI, an Aerospace Subsidiary of Libra Group, to Refinance Aerospace Assets
May 20, 2025First Citizens Bank today announced that its Aerospace, Defense & Government Services business provided $50 million to Space Leasing International (“SLI”). Founded in 2023, Libra Group’s SLI is building on Libra’s 20+ years of aviation leasing experience to become the world’s first space leasing company dedicated to the full spectrum of space assets. First Citizens Bank has been a long-time, trusted banking partner of Libra Group and its subsidiaries, LCI and Lomar Shipping.
-
Clifford Chance Further Builds US Corporate M&A Practice With Partner Peter A. Laveran-Stiebar in New York
May 20, 2025Laveran-Stiebar comes to Clifford Chance from Covington & Burling, bringing more than 25 years of experience in cross-border acquisitions and divestitures across a range of industries globally and in the US, with a particular focus on healthcare and life sciences. He's advised on a range of complex transactions including cross-border M&A, private equity investments, product sales and acquisitions and joint ventures involving multi-jurisdictional coordination, regulatory navigation and tailored structuring.
-
Mayer Brown Continues Growth of Global M&A and Private Equity Capabilities With Addition of Daniel Serota
May 20, 2025Mayer Brown announced today that Daniel Serota has joined the firm as a partner in New York, the latest in a series of new hires to join the firm’s global Corporate & Securities practice. Dan brings extensive corporate finance, M&A, and private equity experience and will co-lead Mayer Brown’s Financial Services Mergers & Acquisitions practice. He joins from Sidley Austin LLP.
-
B. Riley Financial Announces CFO Transition
May 20, 2025B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company"), a diversified financial services company, today announced that Scott Yessner has been appointed Chief Financial Officer, effective June 3, 2025. Mr. Yessner, who has served as a strategic advisor for B. Riley Financial for the past two months, will succeed Phillip Ahn, who is departing to pursue another opportunity.
-
Monroe Capital Announces $250 Million Forward Flow Purchase of Consumer Recreational Vehicle and Marine Loans from Source One Financial Services, LLC
May 20, 2025Monroe Capital LLC (“Monroe”), on behalf of its investment funds, has announced it has established a partnership with Source One Financial Services, LLC (“Source One”) to originate and purchase consumer recreational vehicle (“RV”) and marine loans. The initial pool is expected to be $250 million.
-
Tornado Completes Strategic Acquisition of CustomVac and Amends TD Credit Facility
May 19, 2025Tornado Infrastructure Equipment Ltd. (“Tornado” or the “Company”) (TSX-V: TGH; OTCQX: TGHLF), a leading manufacturer of specialized infrastructure and excavation equipment, is pleased to announce the closing of the acquisition (the “Acquisition”) of all the issued and outstanding shares in the capital of Custom Vacuum Services Ltd. (“CustomVac”) from 2624795 Alberta Ltd., an arm’s length party (the “Vendor”), pursuant to a share purchase agreement signed and dated today,
-
Beauty Brand Receives a $2,000,000 Facility From Prestige Capital
May 19, 2025A leading beauty branding company recently secured a partnership with a celebrity, resulting in a surge in sales and a need for additional financial support. Referred by a member of a consumer product network, the company turned to Rachel Hersh, Sales Director North America at Prestige Capital, for assistance.
-
Exro Announces US$30 Million Credit Facility, Plan to Seek Debentureholder Consent, and Strategic Review Process
May 19, 2025Exro Technologies Inc. (TSX: EXRO) ("Exro" or the "Company"), a leading clean technology company specializing in power control solutions for electric vehicles and energy storage, is pleased to announce a funding commitment from a long-term institutional shareholder (the "Lender") to provide up to US$30 million pursuant to a senior secured loan facility (the "Facility").
-
Zenzic Development Finance Secures £45 Million Credit Facility
May 19, 2025Zenzic Development Finance (ZDF), the residential development finance arm of Zenzic Capital, has obtained a three-year funding facility of up to £45 million from Cynergy Bank.
-
Anthropic Closes $2.5 Billion Credit Facility as Wall Street Continues Plunging Money Into AI Boom
May 19, 2025Earlier this week, Anthropic received a $2.5 billion, five-year revolving credit line to amp up its liquidity in an ever-expanding — and expensive — competition in the artificial intelligence industry.
-
CIBC Innovation Banking Provides ContactMonkey with Growth Capital Financing
May 19, 2025CIBC Innovation Banking announced today that it has provided growth capital financing to ContactMonkey, a portfolio company of Updata Partners. The company will use the financing to continue growing its reach globally and expand product offerings to new and existing customers around the world.
-
Blue Owl Capital Announces $7 Billion Final Close for Digital Infrastructure Fund
May 19, 2025Blue Owl Capital Inc. ("Blue Owl") (NYSE: OWL), a leading alternative asset manager, announced today the final close of its most recent digital infrastructure fund, Blue Owl Digital Infrastructure Fund III ("ODI III") with $7 billion of total capital commitments. ODI III exceeded the original target of $4 billion and hit its hard cap.
-
Austin Financial Services Closes a $5MM AR Revolver Facility for PE-Owned Tree Services Company
May 19, 2025Austin Financial Services, Inc. (AFS) is pleased to announce the closing of a $5 million accounts receivable revolver facility for a private equity-owned commercial tree services company providing comprehensive vegetation management and brush maintenance services across the Pacific Northwest.
-
2025 Key Sponsor Highlight: Avant Advisory Group
May 19, 2025Avant Advisory Group is a premier, operationally focused financial advisory and management consulting firm. We focus on middle-market companies by combining our financial and operating skills with Big 4 firm and senior management industry experience to identify and implement value opportunities that increase cash flow, profitability, and EBITDA.
-
CohnReznick Brings on Managing Director Walker to Lead Data & AI Practice
May 19, 2025CohnReznick, a leading professional services firm, today announced that Melissa (Mel) Walker has joined as Managing Director – Data & AI Practice Leader. Walker has specific expertise developing and implementing strategic roadmaps to fuel innovation, advance business goals, and drive sustainable growth for clients.
-
Derivatives Lawyer Edward So Joins Hogan Lovells in New York
May 19, 2025Hogan Lovells announced today that Edward So has joined the firm's Corporate & Finance practice as a partner in the New York office and Head of Derivatives - Americas. Joining from White & Case, So focuses on derivatives transactions over a wide spectrum of asset classes, including cash and synthetic fixed income, rates, equity, credit, commodity, and FX products.
-
Steeplechase Advisors Adds Michael Ganann as Senior Advisor in Boston Office
May 19, 2025Steeplechase Advisors, LLC (www.steeplechasemn.com) is a nationally recognized turnaround consulting, restructuring and transaction advisory firm focusing extensively on serving middle market businesses. As part of our continued growth, Steeplechase is pleased to welcome Mr. Michael Ganann as a Senior Advisor to our team. Mr. Ganann is a long- time member of the finance community of Boston, MA.
The Secured Lender
SFNet's The Women in Secured Finance Issue



