- eCapital Provides $10MM in Recent Healthcare Receivables Fundings
- SouthStar Delivers $500,000 Financing Facility to Support a Growing Government Contractor
- Pathward Introduces Evolved Operating Model, Next Step in Sponsor Banking
- EquipmentShare Closes $2.75 Billion Senior Secured Asset-Based Revolving Credit Facility With Wells Fargo
- First Horizon Bank Names Todd Warrick as Triangle Market President in the Mid-Atlantic Region
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
Today's Top Story
Featured
Asset-based loan commitments grew in 2023, with fewer new clients, but larger deals
Economic twists and turns marked 2023 but the asset-based lending market still saw growth in commitments of working capital, according to data released by the Secured Finance Network (SFNet). And while there were fewer new client deals last year than in 2022, the deals were larger in size.
TSL Express Trending Story
Featured
How Today's Economic Pressures Will Affect Tomorrow's Consumer
The consumer product industry is facing rapid, unprecedented change, and today’s economic challenges are creating ripple effects that will shape American shoppers for years to come. With data mining, there’s a path forward.
TSL Express Daily Headlines & News
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Hedaya Capital Provides $600,000 in Financing to Innovative Startup
December 16, 2024The Hedaya Capital Group recently provided a $500,000 Factoring Facility and a $100,000 Purchase Order Finance Facility to a Philadelphia-based healthcare company focused on nutrition as a solution to chronic disease.
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MONTICELLOAM, LLC Closes $87.15M in Bridge Financing for Fresno Seniors Housing Communities
December 16, 2024MONTICELLOAM, LLC (“MonticelloAM”), a specialized multifamily and seniors housing bridge lending platform, a specialized multifamily and seniors housing bridge lending platform, successfully closed an $87,150,000 bridge loan for 39 residential assisted living communities in Fresno, California.
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Austin Financial Services, Inc. (AFS) Closes $3MM ABL to Food Production and Distribution Company
December 16, 2024Austin Financial Services, Inc. (AFS) is pleased to announce the closing of a $3MM asset-based lending (ABL) credit facility comprised of an accounts receivable and inventory revolver to a 3rd generation food production and distribution company that serves some of the country’s leading hospitality brands.
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HYPERAMS and Rabin Worldwide Announce Auction of State-of-the-Art Food Processing Equipment
December 16, 2024HYPERAMS, LLC, in partnership with Rabin Worldwide, has been commissioned to conduct an exclusive online-only auction for an extraordinary collection of late-model food processing and packaging equipment from a former cheese snack production facility. The auction, featuring worldwide bidding via BidSpotter, will close on January 8, 2025.
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Deerpath Capital Successfully Resets 2022 CLO, Representing the Largest Collateralized Loan Obligation in Firm's history
December 16, 2024Deerpath Capital Management, LP ("Deerpath"), one of the largest lower-middle market private credit managers in the U.S., recently announced a reset and upsize of Deerpath CLO 2022-1, a $724.7 million collateralized loan obligation (CLO). This marks the largest CLO and largest upsize in the firm's history.
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WSFS Strengthens Commercial and Risk Leadership Teams to Support Next Phase of Growth
December 16, 2024WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, announced today several promotions within the Commercial Banking and Risk leadership teams, effective January 1, 2025, as the Company prepares for its next phase of growth.
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Private Equity Investment in US Solar Declines as Global Inflows Rebound
December 16, 2024Private equity and venture capital activity in the US solar industry is poised to hit a four-year low in 2024, while private inflows into the sector globally have rebounded.
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Legion Technologies Secures $50M from Silicon Valley Bank to Fuel Continued Innovation in AI-Powered Workforce Management
December 16, 2024Legion Technologies, an innovator in workforce management (WFM), today announced it has received $50 million in financing from Silicon Valley Bank (SVB), a division of First Citizens Bank. The raise, which brings Legion’s total funding to $195 million, follows a $50 million growth round led by Riverwood Capital earlier this year.
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TCW Accelerates Growth in Alternative Credit Through Expanded Strategic Partnership with Nippon Life
December 16, 2024The TCW Group, Inc., a leading global asset manager, and Nippon Life Insurance Company, one of the world’s largest life insurance companies, today announced that Nippon Life intends to commit up to $3.25 billion in additional anchor capital to TCW alternative credit strategies and increase its minority ownership stake in TCW in the future.
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B. Riley Securities Serves as Sole Bookrunning Manager to Landsea Homes Corporation on its Recent $71.8 Million Secondary Offering
December 16, 2024B. Riley Securities, Inc. ("B. Riley"), a leading middle market investment bank, is pleased to have served as sole bookrunning manager to Landsea Homes Corporation (Nasdaq: LSEA) (“Landsea” or the "Company”) on its recent $71.8 million secondary offering.
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Amerisource Closes $13,000,000 Senior Credit Facility for Manufacturer
December 16, 2024Amerisource Business Capital recently completed the successful closing and funding of a $13,000,000 senior credit facility for a specialty manufacturer of plugs and tapes based in Wisconsin. The loan proceeds were used for working capital and to refinance equipment and commercial real estate debt.
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Family Offices Planning to Boost Outsourcing of Core Services
December 16, 2024Family offices are planning to boost outsourcing of core services as they look to benefit from professional expertise and improve services, new global research* from Ocorian, the specialist global provider of services to high-net-worth individuals and family offices, financial institutions, asset managers and corporates, shows.
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Blue Owl-Led Group Lands $600 Million Financing for CoreWeave Data Center
December 12, 2024A group of developers led by Blue Owl Capital Inc.’s real estate arm obtained a $600 million construction loan for a data center project in Virginia.
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Airwavz Announces Credit Facility Upsizing with AB Private Credit Investors
December 12, 2024Airwavz Solutions, Inc., a leading provider of wireless infrastructure solutions, today announced the successful upsizing of its existing credit facility with AB Private Credit Investors ("AB-PCI"), the middle market direct lending platform of AllianceBernstein.
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Scorpio Tankers Inc. Announces Commitments for New $500.0 Million Revolving Credit Facility
December 12, 2024Scorpio Tankers Inc. (NYSE:STNG) ("Scorpio Tankers," or the "Company") announced today that it has received commitments from a group of financial institutions for a revolving loan of up to $500.0 million (the “Revolving Credit Facility”).
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Lighthouse Announces $370M Growth Investment Led by KKR
December 12, 2024London-based Lighthouse, a commercial intelligence platform for the $15 billion travel and hospitality technology market, said proceeds from the investment will help expand its "significant presence" in Grapevine, among other endeavors.
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U.S. Bank Announces New Sales and Origination Leader and New Structure
December 12, 2024U.S. Bank announced that John Freeman was named Head of Sales & Originations for U.S. Bank Asset Based Finance and that the team has been realigned to match the structure it has across the bank for serving corporate and middle market clients
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J.F. Lehman & Company Raises $2.2 Billion for Oversubscribed Fund VI
December 12, 2024J.F. Lehman & Company ("JFLCO"), a leading middle-market private equity firm focused exclusively on the aerospace, defense, maritime, government and environmental sectors, today announced the successful closing of its latest flagship fund, JFL Equity Investors VI, L.P. and affiliated investments vehicles ("Fund VI").
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Rosenthal & Rosenthal Announces NYC Office Move
December 12, 2024After more than eight decades calling the garment district home, Rosenthal & Rosenthal is moving its headquarters uptown to 300 Park Avenue in the Spring of 2025, marking an exciting step forward for the third generation of the family-owned commercial finance firm.
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Monroe Capital Supports The Gersh Agency Inc.’s Acquisition of You First
December 12, 2024Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of You First by The Gersh Agency, Inc. (“Gersh”), a portfolio company of Crestview Partners.
The Secured Lender
SFNet's The 81st Annual Convention Issue

