- U.S. Clean Energy Platform Aspen Power Raises $200 Million from Deutsche Bank
- New Mountain Capital Closes on $1.2 Billion for New Mountain Strategic Equity Fund II
- Ares Raises Over $7 Billion for Leading Credit Secondaries Strategy
- Positive Development Secures $45 Million Growth Facility to Expand Access to Developmental Therapy and Autism Diagnostics Nationwide
- Pathlight Capital Serves as Administrative Agent on $415,000,000 Senior Secured Credit Facility for SelectQuote, Inc.
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
Today's Top Story
Featured
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.
TSL Express Trending Story
Featured
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
-
Republic Business Credit Provides $1.5 Million Factoring Facility to Fuel Growth for Apparel Manufacturer
February 24, 2025Republic Business Credit has provided a $1,500,000 non-recourse factoring facility to a California-based apparel manufacturer, fueling the company’s growth plans. The facility offers the manufacturer advances on its receivables, along with the security of credit protection and outsourced receivables management.
-
KEV Group Receives Investment From Five Arrows to Fuel Continued Growth
February 24, 2025KEV Group, the leading North American provider of school activity fee management software solutions for K-12 schools, today announced that Five Arrows – the alternative assets arm of Rothschild & Co – has made a significant growth investment into KEV Group to further support the company’s ongoing acceleration in growth and future initiatives.
-
Formetco Secures $15MM Credit Facility and Renews Gibraltar Business Capital Partnership
February 24, 2025Formetco, founded in 1968 and headquartered in Duluth, GA, is an innovative developer of digital and hardware products for the outdoor advertising industry and a market leader in designing, manufacturing, and installing LED digital billboards, legacy bulletin, and tri-face billboards.
-
Hilco Commercial Industrial Launches New Equipment Finance Group, Welcomes Brian Pollack as Managing Director
February 24, 2025Hilco Commercial Industrial is proud to announce the launch of Hilco Equipment Finance (“HEF”), a newly established business unit dedicated to providing innovative equipment financing solutions. Industry veteran, Brian Pollack, has been appointed as Managing Director, Equipment Finance to lead HEF, bringing more than 25 years of expertise in asset finance, valuation, and structured lending.
-
Richard Kohn and William Starshak Present at the United Nations Committee on International Trade Law's "Colloquium on Navigating the New Era of Digital Finance"
February 24, 2025Goldberg Kohn Commercial Finance Principals Richard Kohn and William Starshak recently spoke at the United Nations Committee on International Trade Law's "Colloquium on Navigating the New Era of Digital Finance" held February 20-21, 2025 at the UN Headquarters in New York.
-
Assembled Brands Capital Expands Credit Offerings, Enhances Platform to Support the Entire CPG Ecosystem
February 24, 2025Assembled Brands Capital, a leading asset-based lender specializing in growth capital for the consumer products industry, announces the expansion of its credit offerings and the launch of a newly enhanced platform designed to better serve businesses across the entire CPG ecosystem.
-
Mountain Ridge Capital Provides $60 Million Credit Facility to Home Health and Wellness Products Company
February 24, 2025Mountain Ridge Capital ("MRC") is pleased to announce the closing of a $60 million senior secured credit facility to a midwestern-based premier distributor of home health and personal wellness products. The MRC facility was used to refinance existing senior debt and will be utilized for working capital purposes to achieve growth/operational objectives.
-
First Citizens Bank Provides $15.7 Million to Raymour & Flanigan
February 24, 2025First Citizens Bank today announced that its Middle Market Banking business provided $15.7 million in financing to Raymour & Flanigan, a leading furniture and mattress retailer. Founded in 1947, Raymour & Flanigan is the seventh largest furniture retailer in the United States with 111 full-line showrooms along with stores and outlets operating across New York, New Jersey, Connecticut, Pennsylvania, Massachusetts, Delaware and Rhode Island, as well as a growing e-commerce business.
-
Wingspire Capital Provides C$67 Million Revolver to Toys"R"Us Canada
February 24, 2025Wingspire Capital provided a C$67 million revolving line of credit to Toys”R”Us Canada Ltd., a specialty toy and baby products retailer with more than 80 stores across Canada and e-commerce channels Toysrus.ca and Babiesrus.ca. Toys”R”Us Canada is using the proceeds to refinance a previous credit facility with a bank and support ongoing borrowing needs.
-
CVC Credit Prices Three CLO Transactions in a Week
February 24, 2025CVC Credit, the $46 billion global credit management business of CVC, is pleased to announce the successful pricing of Apidos LII, a new $400 million (c.€380 million) Collateralized Loan Obligation ("CLO"), along with the reset of Apidos XLII, which now totals approximately $550 million (c.€525 million).
-
CIT Commercial Services Provides $100 Million in Financing to Wiesner Products, Inc.
February 24, 2025First Citizens Bank today announced that CIT Commercial Services has provided $100 million in financing to Wiesner Products, Inc., a leading designer, importer, and distributor of men’s, women’s, and children’s apparel and accessories.
-
Bank of America Names Mark Kremers President of San Diego
February 24, 2025Bank of America has named Mark Kremers president of Bank of America San Diego. As president and head of the market, Kremers will connect clients, teammates, and communities to the full power of the franchise and drive integration across the bank’s eight lines of business. He succeeds Rick Bregman, who successfully led the market for 16 years and retired in December after 34 years with the company.
-
HanesBrands Announces Successful Pricing of Senior Secured Term Loan B Facility
February 24, 2025HanesBrands (NYSE: HBI) today announced that it has successfully priced its senior secured term loan B facility in an aggregate principal amount of $1.1 billion (the “Term Loan B”) to replace the Company’s existing $300 million Term Loan B due 2030 (the “Existing Term Loan B”). The Term Loan B will mature seven years after the date of closing, which is expected to occur in the next few weeks
-
Latham & Watkins Elects 19 New Partners
February 24, 2025Latham & Watkins LLP1 is pleased to announce that 19 counsel have been elected to the partnership, effective March 1. The counsel promotions follow the previously announced election of 24 associates to the partnership, effective January 1, 2025.
-
Black Diamond Group Announces Extension and Expansion of Asset-Based Credit Facility
February 24, 2025Black Diamond Group Limited (the “Company” or “Black Diamond”) (TSX:BDI, OTCQX:BDIMF) is pleased to announce the renewal and expansion of its secured, asset-based, revolving credit facility (“Facility”).
-
TAB Bank Fuels Growth for Farmers with $5 Million Financing Deal for Finance Company Specializing in Agriculture
February 24, 2025TAB Bank closed a $5 million Lender Finance facility with a Nevada-based company specializing in factoring financing for farmers, agricultural businesses and fresh produce exporters in Mexico. This partnership enables the agriculture finance company to expand its operations and empower small- to mid-size growers globally by supporting their funding needs.
-
Barclays Appoints Two New Senior Hires Into Its Financial Sponsors Group
February 24, 2025Barclays announces the appointments of Isobel van Daesdonk and Scott Willard as Managing Directors within the Financial Sponsors Group. Ms. van Daesdonk and Mr. Willard will be based in New York, and will report to Christian Oberle, Head of the Americas Financial Sponsors Group at Barclays.
-
Trinity Capital Inc. Provides $15 Million in Growth Capital to Cagent Vascular Inc.
February 24, 2025Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity Capital"), a leading alternative asset manager, today announced the commitment of $15 million in growth capital to Cagent Vascular Inc., a leading developer of serration technology for vessel dilation in endovascular interventions. This capital augments $45 million of equity financing led by US Venture Partners in 2024.
-
Ravinia Capital LLC Announces the Sale of Rōti® Modern Mediterranean
February 24, 2025Ravinia Capital LLC is pleased to announce the successful sale of Rōti® Modern Mediterranean, saving 200+ jobs and keeping the brand alive by preserving the fleet of locations in three markets.
-
Supply Chain Finance Market to Reach $13.4 Billion Globally by 2031 In The Latest Research
February 20, 2025According to the report published by Allied Market Research, the global supply chain finance market generated $6 billion in 2021, and is projected to reach $13.4 billion by 2031, growing at a CAGR of 8.8% from 2022 to 2031.
The Secured Lender
SFNet's The 81st Annual Convention Issue
.jpg?sfvrsn=f1093d2a_0 "#3 -_ 1 (1)")
© 2025 Secured Finance Network
