- Sallyport Commercial Finance Provides a $1.5 Million Boost for Post-CCAA Canadian Bakery
- TPG Collects $6.2 Billion for Bespoke Private-Credit Deals
- Tower Partners Advises Lendscape on International Purchase of WinFactor
- TAB Bank Extends a $15 Million Asset-Based Lending Facility to Gehr Industries
- Republic Business Credit Supports Growth of UK-based Automotive Electronics Equipment Manufacturer with $3.5 Million Factoring Facility
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
Today's Top Story
Featured
Mitsubishi HC Capital America Boosts Commercial Finance Credit Team with Two New Executive Hires
Mitsubishi HC Capital America, the largest non-bank, non-captive finance provider in North America, is pleased to announce the expansion of its Commercial Finance Credit team with the addition of two seasoned credit professionals. Cary Downer joins as Vice President - Credit, bringing 27 years of industry experience, and Todd Thompson joins as Vice President - Credit Officer, with over 20 years of experience.
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An Interview with Bobby Bans, Managing Director of Western Region Originations at Wells Fargo Capital Finance (WFCF)
In this installment of our series of executive interviews, Charlie Perer sits with Bobby Bans to hear his views about his new role at Wells Fargo Capital Finance, the future of ABL, executive development and competition, among other things.
TSL Express Daily Headlines & News
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QuickFi Wins Second Consecutive “BIG Innovation Award” for their Embedded Lending Platform
January 14, 2025QuickFi is delighted to announce its recognition as a winner of the prestigious 2025 BIG Innovation Awards, presented by the Business Intelligence Group. This honor highlights the company’s embedded lending platform, driving transformation in financial services.
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Robert von Furth Joins Armory Group as Managing Director
January 14, 2025Armory Group, LLC, a leading financial advisory firm serving the middle market, is excited to welcome Robert von Furth as our newest Managing Director. Based out of Armory’s Boston office, Rob brings over 20 years of experience advising family-owned and sponsor-backed middle-market companies on a wide range of transactions, including mergers and acquisitions, special situations, private and public equity and debt offerings, board advisory, strategic alternatives, and valuations, with a focus on the Consumer and Retail industries.
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BDO Capital Advisors Welcomes Jason Frank as President and CCO
January 14, 2025Jason draws upon his 30 years of experience as an investment banker, advisor, operator, entrepreneur, and investor. He is known for deal-making knowledge, deep industry insight, high-quality service, and senior-level attention when addressing the demands of complex financial and strategic matters for his clients.
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Monroe Capital Supports Maple Park Capital Partners’ Acquisition of Rita’s Italian Ice & Frozen Custard
January 14, 2025Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Rita’s Italian Ice & Frozen Custard (“Rita’s”) by Maple Park Capital Partners.
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Second Avenue Capital Partners Arranges Credit Facilities to Finance the Acquisition of True Religion
January 14, 2025Second Avenue Capital Partners (“SACP”), a Schottenstein affiliate, along with Alpha Wave Global and Sagard Credit, announced the closing of a new term loan and revolving credit facility for True Religion Apparel, Inc. (“True Religion” or the “Company”).
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BizCap® Welcomes Michael Hengl as Managing Director
January 14, 2025BizCap®, a national commercial finance and advisory firm, is excited to announce that Michael Hengl has joined the team as Managing Director, based in San Francisco
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Zaroff & Zaroff Partners Move Their Practice To Moritt Hock & Hamroff
January 14, 2025Moritt Hock & Hamroff announced today that Ira S. Zaroff and Richard M. Zaroff have joined the firm’s growing Litigation practice, working out of its New York City office. Ira joins the firm as a Partner while Richard joins as Senior Counsel. They previously served as founding partners of Zaroff & Zaroff, a boutique New York complex commercial litigation firm.
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Crown Partners Arranges $30 Million in Senior Debt for a First Time ABL Borrower
January 14, 2025Crown Partners’ latest Case Study discusses the successful arrangement of $30 Million of senior debt for a first-time ABL borrower. The client, a sponsor-backed industrial manufacturer, sought to leverage their asset base to support growth ambitions.
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GenNx360 Capital Partners Announces Key Promotions Reflecting Commitment to Team Growth and Excellence
January 14, 2025GenNx360 Capital Partners ("GenNx360"), a New York-based private equity firm investing in middle-market business services and industrial companies, is thrilled to announce the promotions of Reece Zakarin to Vice President and Miles Williams to Senior Associate effective immediately.
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Amerisource Closes $3,500,000 Senior Credit Facility for Texas Venture Capital Firm
January 14, 2025Amerisource Business Capital is excited to announce the successful closing and funding of a $3,500,000 senior credit facility for a Texas-based private equity firm specializing in technology consulting and investment.
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Marco Prescribes $10 Million ABL Facility for Pharma Distributor
January 14, 2025Marco has recently funded a $10 million Asset-Based Lending (ABL) revolving facility for a pharmaceutical wholesaler that sells to independent pharmacies across the US. This significant financing, involving loans against accounts receivable and inventory, replaces a bank loan that restricted the company’s growth, and highlights Marco’s commitment to supporting all-sized businesses with innovative financial solutions.
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Siena Lending Group LLC Closes $40 Million Credit Facility For Feradyne Outdoors LLC
January 14, 2025Siena Lending Group LLC ("Siena"), a leading provider of asset-based lending solutions, is pleased to announce the closing of a new senior secured credit facility for FeraDyne Outdoors LLC ("FeraDyne" or the "Company"), a manufacturer and wholesaler of leading brands in outdoor hunting gear and archery.
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Ramirez Asset Management Acquires $500 Million Private Credit Strategy Team From Avenue Capital Group
January 14, 2025Ramirez Asset Management, Inc. (“RAM”), a $12+ billion fixed income and equity investment manager serving institutional investors and high net worth investors, recently acquired the private credit opportunities strategy team and their assets from hedge fund manager Avenue Capital Group.
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Abacus Finance Provides Senior Debt Financing to Support the Acquisition of Senproco and Groomer’s Choice by Harbour Group
January 14, 2025Abacus Finance Group, LLC – a leading provider of cash flow-based, classic senior debt for sponsor-led acquisitions of middle-market companies – today announced that it served as Senior Secured Credit Facilities Administrative Agent and Lead Arranger to support the acquisition of Senproco and Groomer’s Choice by Harbour Group. Also, Abacus Finance made an equity co-investment in Senproco and Groomer’s Choice.
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NXT Capital Closes Senior Credit Facility in Support of Ascend Capital Partners’ Acquisition of Unison Therapy Services
January 14, 2025NXT Capital announced today that it closed a senior credit facility in support of Ascend Capital Partners’ acquisition of Unison Therapy Services. NXT Capital acted as Joint Lead Arranger and Joint Bookrunner on this transaction.
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SFNet Member Spotlight: Republic Capital Access, LLC
January 13, 2025Republic Capital Access is a commercial finance company exclusively for government contractors.
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Verastem Oncology Announces Debt Refinancing with Oberland Capital
January 13, 2025Verastem Oncology (Nasdaq: VSTM), a biopharmaceutical company committed to advancing new medicines for patients with RAS/MAPK pathway-driven cancers, today announced a new credit facility for up to $150 million along with an equity investment of $7.5 million with Oberland Capital Management LLC (Oberland Capital).
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Inhibrx Biosciences Announces Loan Agreement with Oxford Finance
January 13, 2025Inhibrx Biosciences, Inc., a biopharmaceutical company with two programs in ongoing clinical trials, today announced it entered into a loan and security agreement (the "LSA") with Oxford Finance LLC ("Oxford", together with certain of its affiliates party thereto, the "Lenders"), pursuant to which the Lenders provided a five-year term loan facility for up to $150 million.
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Encina Private Credit Provides $70 Million First Out Commitment as Administrative Agent in Senior Secured Credit Facility To Ipsen International Holdings, GmbH
January 13, 2025Encina Private Credit, LLC (“EPC”) is pleased to announce that it has served as Administrative Agent on a Senior Secured Credit Facility supporting Quadriga Capital portfolio company Ipsen International Holdings, GmbH (“Ipsen”).
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Republic Business Credit Fuels Growth in Natural Bath Products Market with $1.5 Million E-Commerce Loan
January 13, 2025Republic Business Credit continues its commitment to the natural products industry by providing a $1.5 million asset-based loan credit facility to a leading manufacturer of bath, shower and all-natural aromatherapy solutions.
The Secured Lender
SFNet's The 81st Annual Convention Issue

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