- Rosenthal Capital Group Closes Two Transactions Over $10 Million Across its Purchase Order Financing and Recourse Factoring Divisions
- Kunal Bhatt Joins CohnReznick as Transaction Advisory Partner
- Hut 8 Expands Corporate Liquidity with $1.07 Billion Senior Secured Revolving Credit Facility
- Fox Ridge Capital Closes Third Revolving Credit Facility for $75 Million
- Apollo Provides $1.25 Billion Capital Solution to Support Combination of BMG and Concord
TSL Express Daily Articles & News
To submit company news and press releases to TSL Express, email tslexpress@sfnet.com.Today's Top Story
Featured
ABL Navigates New Economic Crosswinds
The Secured Finance Network (SFNet) has released its Q4 2024 Asset-Based Lending Index and Lender Confidence Index, offering a snapshot of a resilient ABL market. SFNet’s Data Committee has also published an overview of the market drawing from SFNet’s 2024 Annual ABL Survey, syndicated market data from LSEG LPC, and new macroeconomic insights from KeyBridge Research. This article examines where ABL stands—and where it’s heading—as the lending landscape adapts to a higher-stakes economy.
TSL Express Trending Story
Featured
Interview with Otterbourg Attorneys: Over 100 Years of Providing Legal Expertise to the Secured Finance Industry
TSL’s editor-in-chief sat down with Otterbourg attorneys Allen Cremer, Dan Fiorillo, Pauline McTernan and Lena Surilov, to discuss the firm’s secret to success over the past 100 years, what lenders should look out for in 2025 and possible implications of the election. Based in New York City, Otterbourg represents financial institutions (including banks, asset-based lenders, hedge funds, finance companies and insurance companies) and corporations and other business enterprises.
TSL Express Daily Headlines & News
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National Bank Holdings Corporation Announces Merger Agreement with Vista Bancshares, Inc.
September 16, 2025National Bank Holdings Corporation (NYSE: NBHC, “NBHC” or the “Company”), the holding company for NBH Bank, today announced the signing of a definitive merger agreement to acquire Vista Bancshares, Inc., (“Vista”), the holding company for Vista Bank with operations in Dallas-Ft. Worth, Austin, and Lubbock, Texas, as well as Palm Beach, Florida.
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Perkins Coie Welcomes Back Jeff Beuche, Veteran M&A Partner, to Denver
September 16, 2025Perkins Coie is pleased to announce that Jeff Beuche, a veteran mergers and acquisitions partner, has returned to the firm’s Denver office. Jeff was previously instrumental in leading the firm’s M&A practice and is known for his practical, straight-forward counsel while guiding clients through successful transactions.
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Marathon Asset Management Broadens Access to Its ABL Strategy on iCapital Marketplace
September 16, 2025Marathon Asset Management (“Marathon”), a leading global asset manager specializing in private and public credit, today announced that it has broadened access to its long-established asset-based lending (“ABL”) strategy on iCapital Marketplace.
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Brown Appointed Chief Commercial Banking Officer at Washington Trust
September 16, 2025The Washington Trust Co. has appointed James C. Brown as senior executive vice president and chief commercial banking officer. Brown will be responsible for all commercial banking activities, including commercial real estate, commercial and industrial, business banking, private clients group and cash management services, the bank said.
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Pacaso Closes New $100M Credit Facility to Access $200 Billion Non-Qualified Mortgage Securitization Market
September 16, 2025Pacaso today introduced the first purpose-built, 30-year mortgage for co-ownership of vacation homes in the U.S. The financing solution gives qualified buyers and existing Pacaso owners a standardized, familiar way to finance their share of a second home with a straightforward closing. This first-of-its-kind co-ownership mortgage product is backed initially by a $100M credit facility provided to Pacaso by Texas Capital.
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Rosenthal Capital Group Closes Five Equipment Financing Transactions Totaling Nearly $27 Million
September 15, 2025Rosenthal Capital Group (RCG) the leading private commercial finance firm in the United States, today announced the completion of five equipment financing deals totaling nearly $27 million in the third quarter of 2025 for companies spanning the Southeast, Southwest and Midwest.
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Rosenthal Capital Group Closes Five Equipment Financing Transactions Totaling Nearly $27 Million
September 15, 2025Rosenthal Capital Group (RCG) the leading private commercial finance firm in the United States, today announced the completion of five equipment financing deals totaling nearly $27 million in the third quarter of 2025 for companies spanning the Southeast, Southwest and Midwest.
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Rosenthal Capital Group Closes Five Equipment Financing Transactions Totaling Nearly $27 Million
September 15, 2025Rosenthal Capital Group (RCG) the leading private commercial finance firm in the United States, today announced the completion of five equipment financing deals totaling nearly $27 million in the third quarter of 2025 for companies spanning the Southeast, Southwest and Midwest.
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Rosenthal Capital Group Closes Five Equipment Financing Transactions Totaling Nearly $27 Million
September 15, 2025Rosenthal Capital Group (RCG) announced the completion of five equipment financing deals totaling nearly $27 million in the third quarter of 2025 for companies spanning the Southeast, Southwest and Midwest.
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J D Factors Provides $8,300,000 in New Factoring Facilities in August
September 15, 2025J D Factors provided $8,300,000 in new factoring facilities to 28 new clients in the US and Canada during the month of August. Some of these facilities include a $750,000 factoring facility for a transportation company in Illinois and a $150,000 factoring facility for an industrial diesel service company in Texas.
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J D Factors Provides $8,300,000 in New Factoring Facilities in August
September 15, 2025J D Factors provided $8,300,000 in new factoring facilities to 28 new clients in the US and Canada during the month of August. Some of these facilities include a $750,000 factoring facility for a transportation company in Illinois and a $150,000 factoring facility for an industrial diesel service company in Texas.
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J D Factors Provides $8,300,000 in New Factoring Facilities in August
September 15, 2025J D Factors provided $8,300,000 in new factoring facilities to 28 new clients in the US and Canada during the month of August. Some of these facilities include a $750,000 factoring facility for a transportation company in Illinois and a $150,000 factoring facility for an industrial diesel service company in Texas.
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J D Factors Provides $8,300,000 in New Factoring Facilities in August
September 15, 2025J D Factors provided $8,300,000 in new factoring facilities to 28 new clients in the US and Canada during the month of August. Some of these facilities include a $750,000 factoring facility for a transportation company in Illinois and a $150,000 factoring facility for an industrial diesel service company in Texas.
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Siena Lending Group LLC Agents a $100 Million Credit Facility for a Consumer Branded Company
September 15, 2025Siena Lending Group LLC (“Siena”), a leading provider of asset-based lending solutions, acted as the Sole Left Lead Arranger, alongside its partner, Benefit Street Partners L.L.C., in the closing of a $100 million senior secured credit facility for a consumer-branded company (“the Company”).
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Aurora Closes Seventh Middle-Market Fund at $2.1 Billion
September 15, 2025The fund attracted commitments from both returning and new investors, including pension funds, insurance companies, family offices, asset managers, and industry consultants. The raise surpasses the $1.65bn secured for its predecessor fund in 2021, and brings Aurora’s total assets under management to $6bn.
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Siguler Guff Closes on $11 Million Mezzanine Loan Alongside $23 Million Senior Loan from Benefit Street Partners to Refinance Waco, TX Apartments
September 15, 2025Siguler Guff & Company, LP ("Siguler Guff" or the "Firm"), a multi-strategy private markets investment firm with approximately $17 billion of assets under management, as of June 30, 2025, today announced it closed the direct origination of an $11.0 million mezzanine loan to Surge Investment Group to refinance construction financing of The Zoe, their newly-built 214-unit luxury apartment community in Waco, Texas, which has reached stabilized occupancy.
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Lyndon Elam Joins Maxim Commercial Capital as Chief Operating Officer
September 15, 2025Maxim Commercial Capital (“Maxim”) is pleased to announce Lyndon “Lyn” Elam has joined the company as Chief Operating Officer. Elam brings over twenty years of financial services experience spanning multiple specialty finance sectors to Maxim, where he is responsible for executing the company’s operating strategy and leading its originations and portfolio management teams.
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Bennelong Funds Management Signs MOU and Partners with Monroe Capital
September 15, 2025Bennelong Funds Management has signed a memorandum of understanding (MOU) and partnered with US-based Monroe Capital to further expand its distribution to Australia and New Zealand. Founded in 2004, Monroe Capital is a USD$21.6 billion asset manager specializing in diversified private credit solutions, with a focus on US lower middle market direct lending to institutional and high-net-worth investors.
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Blue Owl, Oak Hill Lead $1.3 Billion Debt Refinancing for Wrench Group
September 15, 2025Blue Owl Capital and Oak Hill Advisors are leading a $1.3 billion private debt package for Wrench Group, replacing its bank financing. The package includes a term loan, delayed-draw loan, and revolving credit facility. Wrench Group is backed by private equity firms Leonard Green & Partners, TSG Consumer Partners, and Oak Hill Capital.
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Bally’s Corporation Announces Amendments to Its Revolving Credit Facility
September 15, 2025Bally’s Corporation (the “Company” or “Bally’s”) (BALY-NYSE) announced today that it secured an extension of the October 1, 2026 maturity of $460 million of its revolving credit facility (“RCF”) commitments to a new extended maturity tranche date of October 1, 2028. In addition, all RCF lenders, representing $620 million in commitments, consented to the proposed sale and leaseback of the Company’s Twin River Lincoln Casino Resort (the “SLB Transaction”) pursuant to an existing agreement between the Company and Gaming and Leisure Properties Inc. (“GLPI” – Nasdaq) for cash proceeds of $735 million before transaction expenses and taxes.
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