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- Wingspire Capital Provides $45 Million to a Metal Finishing Company
TSL Express Daily Articles & News
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MidFirst Business Credit (the “Company”), a subsidiary of MidFirst Bank, the nation’s largest privately owned bank, today announced the appointment of Graham Nelson as Vice President, Business Development Officer, based in Los Angeles. Nelson brings considerable experience in commercial finance across credit, portfolio management and originations at a variety of banks and national asset-based lending platforms. He most recently served as Business Development Officer and Director, Originations at Accord Financial.
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Why A Secured Creditor Might Like the Uniform Assignment for Benefit of Creditors Act
The Uniform Assignment for Benefit of Creditors Act (the “UABCA”) was promulgated by the Uniform Law Commission in 2025 and has already been enacted in a number of states.[1] If widely enacted, the UABCA would replace, in the enacting states, current statutes and, in some states, the common law governing an assignment for benefit of creditors (an “ABC”). This article explains what an ABC is, why the UABCA was promulgated, and why a broadly enacted UABCA could materially improve available restructuring options for secured creditors.
TSL Express Daily Headlines & News
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K3 Capital Extends a Credit Facility to Galaxy Through Accountable's Vault Infrastructure on Monad
July 28, 2026Accountable today announced the launch of an onchain facility extending credit from K3 Capital to Galaxy, available on Monad to allocators through Accountable's yield marketplace. The facility launches fully subscribed at $30 million in committed capital, with additional capacity to be opened as LPs complete onboarding in the coming weeks, targeting $100M in deposits
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Loeb Helps Transportation and Fueling Company Secure Critical Working Capital Through Broker Collaboration
July 28, 2026When a Southern California transportation and commercial fueling company needed immediate working capital to address critical operational repairs, Loeb partnered with a dedicated finance broker to structure a flexible asset-based lending solution that helped keep the business operating.
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Fundworks Extends and Upsizes Investment-Grade Corporate Notes to $40.0 Million
July 28, 2026The Fundworks, LLC (“Fundworks” or the “Company”), a leading tech-enabled provider of financing for small businesses across the U.S., announced the recent extension of their $40.0 million investment-grade corporate notes. Transaction proceeds will be used to refinance debt, extend the Company’s maturity profile and to support continued origination growth.
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Excedr Raises $25 Million in Growth Capital to Expand its Life Sciences Equipment Leasing Platform
July 28, 2026Excedr, Inc. (“Excedr” or the “Company”), a leading provider of full-service laboratory equipment leasing solutions for the life sciences and healthcare industries, today announced the closing of $25 million in growth capital. The round includes a $17 million senior credit facility from BOK Financial and $8 million in equity from existing investors and a group of global single-family offices with extensive experience in biopharma, lab services, and specialty finance.
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Buchalter Names Shawn Christianson Managing Partner of its San Francisco Office
July 28, 2026Buchalter is pleased to announce that Shawn Christianson has been appointed Managing Partner of the firm’s San Francisco office. A distinguished member of Buchalter’s Insolvency & Financial Law practice and former member of the firm’s Board of Directors, Christianson brings decades of experience representing financial institutions, creditors, technology companies, receivers, and bankruptcy trustees in complex insolvency, restructuring and commercial litigation matters.
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BizCap® Closes $12.5 Million Senior Secured Revolving Credit Facility for Project Bravo
July 28, 2026Business Capital (BizCap®), a national commercial finance and debt advisory firm, today announced the closing of a $12.5 million senior secured revolving credit facility for Project Bravo, a government-contract fulfillment and distribution firm providing sourcing, procurement, and logistics solutions to government agencies and government-related customers. The company is a portfolio company of TEEDUP.
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Heritage Global Partners to Conduct Online Auction of Cannabis Processing and Production Equipment from The Cannabist Company
July 28, 2026Heritage Global Partners (“HGP”), a subsidiary of Heritage Global Inc. (NASDAQ: HGBL) and a worldwide leader in asset advisory and auction services, announced it will conduct an online auction featuring a comprehensive offering of cannabis processing, production, packaging and facility support equipment formerly utilized by The Cannabist Company.
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Abry Partners Prices Fifth CLO Transaction
July 28, 2026Abry Partners (“Abry”), a Boston-based private equity and credit firm, today announced the pricing of its fifth collateralized loan obligation (“CLO”), Abry Liquid Credit CLO 2026-5, LLC (“ALC CLO 2026-5”). The transaction, with a total issuance of $405 million, is the firm’s third pricing in 2026 and brings Abry’s total CLO platform assets under management to over $2 billion, marking continued growth and execution of its liquid credit strategy.
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InterVest Capital Partners Acquires Kapitus
July 28, 2026Kapitus, a leading provider of financing for small and medium sized businesses, today announced it has been acquired by an affiliate of InterVest capital partners, a renowned alternative investor with a focus on specialty finance and real estate.
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Gridiron Capital Bolsters Centers of Excellence Program with New Operating Partners Chris Marshall and Gus Wigen-Toccalino
July 28, 2026Gridiron Capital, LLC (“Gridiron Capital”), an investment firm focused on partnering with founders, entrepreneurs, and management teams, is pleased to announce the addition of Christopher Marshall and John “Gus” Wigen-Toccalino to the Operating Partner team. Chris brings deep expertise in finance transformation and will lead the CFO Center of Excellence, while Gus has an extensive background in data and AI and will lead the Data and AI Center of Excellence.
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Alkegen Commences Prepackaged Chapter 11 Process to Implement Previously Announced Restructuring Support Agreement
July 28, 2026Alkegen (the “Company”), a leading specialty materials manufacturer, today announced that it has voluntarily commenced prepackaged chapter 11 cases in the U.S. Bankruptcy Court for the Northern District of Texas to implement the Restructuring Support Agreement ("RSA") that was previously announced on July 20, 2026.
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Webster Healthcare Provides Financing as Sole Lender to a 144-Unit Senior Housing Community
July 28, 2026Webster Healthcare provided $43.35MM in financing as Sole Lender to support the development of a 144-unit Senior Housing Community comprised of Independent Living, Assisted Living, and Memory Care located in Rehoboth Beach, Delaware. Webster Bank provided financing to a tri- party venture among a large institutional investor, REDICO, and Ciel Senior Living – a best in class Senior Housing partnership that will own, develop, and operate the property.
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Global Study: Fund Managers Say AI Will Transform Asset Management Operations Within 12 Months
July 28, 2026A global study of 178 senior fund manager executives released today by Clearwater Analytics finds a decisive shift in the asset management industry: the majority of fund managers now expect AI to deliver major or transformative change across critical front-, middle-, and back-office functions within the next year.
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Leading Restructuring Lawyer Nicholas Dunstone Joins Jones Day in Sydney
July 28, 2026The global law firm Jones Day announced today that Nicholas Dunstone, a leading pan-APAC restructuring lawyer, has joined the Firm as a partner in its Business Restructuring & Reorganization Practice. He will be in Jones Day’s Sydney office.
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Monroe Capital Supports AE Industrial Partners’ Investment in Powder Alloy Corporation
July 28, 2026Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the investment in Powder Alloy Corporation (“PAC”) by private equity sponsor AE Industrial Partners.
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Eclipse Business Capital Closes $55 Million ABL Facility for Leading Regional Building Materials Supplier
July 28, 2026Eclipse Business Capital LLC (“EBC”) announced that it has provided a $55 million asset-based lending credit facility to a leading regional building materials supplier. The credit facility, secured by the Company’s working capital assets, refinanced the Company’s existing bank debt and provides additional liquidity and flexibility for ongoing working capital needs.
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Top California Lender Closes $7 Million Kansas City Riverfront Construction Bridge Loan
July 27, 2026Top California Lender announced today the closing of a $7 million construction bridge loan for a mixed-use development project located in Kansas City’s Riverfront district.
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Provident Strengthens its Commitment to Local Communities with $50,000 in Grants to 6 Non-Profit Organizations
July 27, 2026Provident Bank, a leading New Jersey-based financial institution, has announced it recently awarded $50,000 in grants to 6 non-profit organizations as part of the Federal Home Loan Bank of New York (FHLBNY) Small Business Recovery Grant (SBRG) Program. The SBRG Program provides funds to benefit the small businesses of FHLBNY members, including farms and non-profit organizations.
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Nixon Peabody Helps Strata Clean Energy Secure $150M Credit Facility Increase
July 27, 2026Nixon Peabody LLP represented energy infrastructure company Strata Clean Energy in securing a $150 million increase to the company’s revolving credit facility, for a total of $450 million.
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Summit Royalties Secures Up to US$50 Million Revolving Credit Facility; Provides Other Corporate Updates
July 27, 2026Summit Royalties Ltd. (TSXV: SUM, OTCQX: SUMMF) ("Summit" or the "Corporation") is pleased to report that it has entered into a credit agreement with National Bank of Canada for a revolving credit facility (the "Facility") with an initial commitment of US$25 million. The Facility includes an accordion feature providing for up to an additional US$25 million, subject to the satisfaction or waiver of certain conditions, for total potential availability of US$50 million.
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