- Ravinia Capital LLC Adds Managing Director Rob Schwartz, Expanding Deal Origination and Midwest Presence
- Eversheds Sutherland Continues to Build Momentum in Texas with Addition of Three Houston Partners
- SLR Business Credit Provides $10 Million Senior Secured Asset-Based Credit Facility to a European Foods Importer
- Barnes & Thornburg Adds Private Funds Tax Partner Philip Cooke in NYC
- Debt Finance Partner Matthew Kita Joins King & Spalding
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
Today's Top Story
Featured
Washington enters 2025 with a policy landscape set for significant realignment as the Trump administration returns to office. Slim Congressional margins and pressing deadlines will complicate efforts to advance legislation. Meanwhile, key appointments at financial regulatory agencies, including Treasury, the OCC, the CFPB and the SEC, and other agencies across the administration will guide the implementation of financial services policy and other domestic priorities.
TSL Express Trending Story
Featured
Bobrow discusses the highlights of his tenure as president of SFNet, challenges and opportunities faced, and advice for incoming SFNet President, Rob Meyers.
TSL Express Daily Headlines & News
-
Fusion Connect Secures $85M Term Loan from Hark Capital to Fuel Strategic Growth
May 13, 2025Fusion Connect, a proven leader in cloud communications services, announces that the company has entered into a new NAV-based loan agreement with Hark Capital, providing Fusion Connect with a term loan of $85 million. The proceeds will be used for operating capital, to pay down existing debt, and to drive new strategic investments which will further accelerate Fusion's growth.
-
Fusion Connect Secures $85M Term Loan from Hark Capital to Fuel Strategic Growth
May 12, 2025Fusion Connect, a proven leader in cloud communications services, announces that the company has entered into a new NAV-based loan agreement with Hark Capital, providing Fusion Connect with a term loan of $85 million. The proceeds will be used for operating capital, to pay down existing debt, and to drive new strategic investments which will further accelerate Fusion's growth.
-
Kirkland's, Inc. and Beyond, Inc. Strengthen Strategic Partnership with Clear Vision for Future; Closes $5.2 Million Expansion of Credit Agreement
May 12, 2025Kirkland's, Inc. (Nasdaq: KIRK) ("Kirkland's" or the "Company"), a specialty retailer of home décor and furnishings, today announced the closing of a $5.2 million expansion of the existing credit agreement with Beyond, Inc. ("Beyond"). The upsized facility strengthens Kirkland's financial position, providing flexibility for general working capital purposes and support for the Company's updated store conversion strategy.
-
Utica Funds $3.1 Million Capital Lease for Oilfield Services and Aggregates Provider
May 12, 2025Utica is pleased to announce the closing of a $3,100,000 Capital Lease for a Permian Basin oilfield services and aggregates provider. Secured by heavy construction machinery, site‑development equipment, and aggregate processing assets, this transaction enables the company to refinance existing debt and strengthen its working‑capital position.
-
Great Rock Capital Agents $130 Million Revolver for Panavision Inc.
May 12, 2025Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced that it has agented a $130 million senior secured revolving credit facility for Panavision Inc. (“Panavision”). Panavision, a sponsor-owned company, is a premier global provider of high-precision cinema lenses, cameras, lighting equipment, and post-production services for the motion picture, television, and commercial markets.
-
Gibraltar Expands Business Development Team with Midwest SVP, Andrew Gustin
May 12, 2025Gibraltar Business Capital is pleased to announce that Andrew Gustin has joined as SVP of our Midwest Region. Andrew will lead origination activities across the Midwest to support GBC’s strategic expansion, offering asset-based loans between $10MM and $100MM to businesses looking for non-dilutive capital.
-
Entrepreneur Growth Capital Provides $7,500,000 Line of Credit to Corporate Housing Provider
May 12, 2025Entrepreneur Growth Capital (“EGC”) is pleased to announce the closing of a $7.5 million asset-based facility to a west coast based corporate relocation and housing company (“the Company”). The credit facility provides availability against accounts receivable and an overadvance facility to provide additional working capital for certain startup expenses.
-
NFI Announces New $845 Million First Lien Senior Credit Facility
May 12, 2025NFI Group Inc. (NFI), a leader in propulsion-agnostic bus and coach mobility solutions, today announced that it and certain of its subsidiaries (collectively, the Company) have entered into a new revolving credit facility (the First Lien Facility) with a total borrowing limit of $845 million, which includes $300 million in letter of credit availability.
-
Tredegar Corp Extends Credit Facility, Lowers Rates
May 12, 2025Richmond-based Tredegar Corporation (NYSE:TG), a manufacturer in the nonferrous metal industry with a market capitalization of $280 million, has amended its asset-based lending (ABL) facility, according to a recent 8-K filing with the Securities and Exchange Commission.
-
Apollo Closes on $8.5 Billion for Accord+ Strategy, Including $4.8 Billion for Second Vintage Fund
May 12, 2025Apollo (NYSE: APO) today announced it has closed on $8.5 billion in total commitments for the Accord+ strategy, inclusive of $4.8 billion for Accord+ Fund II (“the Fund”) as well as separately managed accounts and related structures. The successful close of the second vintage exceeds internal targets and brings total assets for Apollo’s hybrid credit business to approximately $40 billion.
-
SAF Group Expands Private Credit Platform with Strategic Hire, Launches Asset-Based Finance to Accelerate Growth
May 12, 2025The SAF Group ("SAF"), one of Canada's leading alternative capital providers, is pleased to announce that Nur Khan has joined the firm as Managing Director to lead its newly launched Asset-Based Finance ("ABF") strategy.
-
Pemberton Completes Successful €8.4bn Direct Lending Fundraise Cycle
May 12, 2025Pemberton Asset Management (“Pemberton”), one of Europe’s leading private credit managers, today announces the successful completion of its Direct Lending fundraising cycle, exceeding targets with a total of €8.4bn.
-
Abacus Finance Provides Senior Debt Financing to Support the Refinancing of GovSpend by Thompson Street Capital Partners
May 12, 2025Abacus Finance Group, LLC – a leading provider of cash flow-based, senior debt for sponsor-led buyouts of lower middle-market companies – today announced that it served as Senior Secured Credit Facilities Administrative Agent and Sole Lender to support the refinancing of GovSpend by Thompson Street Capital Partners.
-
MPOWER Financing Securitizes $313.2 Million of International Student Loans
May 12, 2025MPOWER Financing ("MPOWER"), a mission-driven fintech firm and the leader in international student financing, today announced the completion of its second securitization, MPOWER Education Trust 2025-A ("MPOWR 2025-A").
-
SFNet Releases Q4 2024 Asset-Based Lending and Confidence Indexes
May 10, 2025The Secured Finance Network (SFNet) recently released its Q4 2024 Asset-Based Lending Index and Lender Confidence Index, offering a snapshot of a resilient ABL market.
-
Redaptive Secures $650M Credit Facility from CDPQ and Nuveen to Expand Energy-as-a-Service (EaaS) Platform
May 9, 2025Redaptive, a leading Energy-as-a-Service (EaaS) provider, today announced the successful closing of a $650 million (CAD 903 million) credit facility from CDPQ, a global investment group, and Nuveen, the investment manager of TIAA.
-
Beyond Meat® Announces $100 Million New Senior Secured Financing from Ahimsa Foundation Affiliate
May 9, 2025Beyond Meat, Inc. (NASDAQ: BYND) (“Beyond Meat” or the “Company”), a leader in plant-based meat, today announced it has successfully closed on a financing facility providing up to $100 million in new senior secured debt from Unprocessed Foods, LLC (“Unprocessed Foods”), an affiliate of Ahimsa Foundation, a non-profit organization focused on advocating for plant-based diets.
-
Quickpay Provides $2MM Factoring Facility to Texas-Based Energy Services Company
May 9, 2025Quickpay Funding has established a $2 million factoring facility for a Texas-based company specializing in the repair, inspection, and rewinding of high voltage generators. The company, which plays a vital role in maintaining critical infrastructure by supporting major turbine and hydrogenerator projects, selected Quickpay Funding to overcome cash flow challenges inherent to their industry’s extended payment terms.
-
nFusion Capital Provides $1.5M ABL Line for Millwork Company
May 9, 2025Founded in 1993 and headquartered in Norco, California, the Company is a contract fabricator and installer of custom high-end architectural woodworking and millwork for commercial building projects in California, Nevada, and Hawaii. Commonly selling to general contractors, their end customers include hospitality and resort venues, schools and universities, country clubs, retirement communities, and other special projects.
-
Birddogs Secures Flexible Credit Facility from Assembled Brands to Fuel Omnichannel Growth
May 9, 2025Assembled Brands Capital is pleased to announce the closing of a new credit facility for Birddogs, a high-growth menswear brand known for its innovative product design and strong direct-to-consumer presence. Our new facility will provide the resources needed to support the company’s continued growth, expand across wholesale channels, and capitalize on increasing demand.
The Secured Lender
SFNet's The Women in Secured Finance Issue
© 2026 Secured Finance Network
