- Womble Expands Real Estate Practice with New Partner in Phoenix
- Proskauer Continues Global Finance Growth with Addition of Bryon Mulligan in Charlotte
- Abacus Finance Group Provides Senior Debt Financing to Support SBJ Capital’s Strategic Investment in 3B International, LLC
- Rosenthal Capital Group Closes $30 Million Factoring Facility for Woman-Owned Apparel And Accessories Company
- Birks Group Announces the Closing of a New Term Loan Facility With Gordon Brothers Replacing Its Former Term Loan Facility and the Extension of Its Revolver Facility With Wells Fargo
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
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Huntington Bank Expands Commercial Banking into Austin
Huntington National Bank continues to expand its commercial banking segment, known as Huntington Commercial Bank, across the U.S. by bringing its middle-market and corporate banking capabilities to Austin and central Texas. The commercial expansion follows Huntington's significant growth in Texas, including the recent acquisitions of Houston-based Cadence Bank and Dallas-based Veritex Bank.
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A Market of Contrasts: ABL Closes 2025 Strong Amid Slowing Growth and Structural Shifts
The asset-based lending (ABL) market ended 2025 with a familiar paradox: strong activity paired with rising uncertainty. On one hand, the Secured Finance Network’s Q4 and Full-Year 2025 ABL Survey shows a market that remains fundamentally healthy, characterized by stable credit performance, steady utilization, and continued lender confidence. On the other, a combination of slowing economic growth, policy volatility, and structural changes in deal flow suggests that the industry is entering a more complex phase.
TSL Express Daily Headlines & News
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GACC Appoints Mirko Andric as Managing Director
April 29, 2026GACC™, GA Group's asset-centric lending platform, is pleased to welcome Mirko Andric as managing director. In this role, Mirko will contribute his extensive expertise to underwriting and portfolio management, with a primary focus on complex structuring and oversight of investments.
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nFusion Capital Provides $18 Million Factoring Facility to Women-Owned Staffing Company
April 29, 2026nFusion Capital, a leading provider of financing solutions to small and middle-market businesses, provided an $18 million factoring facility to a 100% women-owned staffing company. The financing will support continued growth and expansion plans.
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MONTICELLOAM, LLC Finances $144MM For Six Washington Skilled Nursing Facilities
April 29, 2026MONTICELLOAM, LLC (“MONTICELLOAM”), a specialized seniors housing and multifamily bridge lending platform, along with firm affiliates, provided $144,000,000 in combined bridge and working capital financing to a six-community skilled nursing portfolio in Washington.
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Buchalter Welcomes Richard Petretti as Partner in Los Angeles and San Diego
April 29, 2026Buchalter is pleased to announce that Richard Petretti has joined the Firm as a Partner in its Los Angeles and San Diego offices and is a member of the Commercial Finance practice group.
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Enrique Glotzer Joins BRG as Managing Director in Energy & Climate Practice
April 29, 2026BRG announced today that Enrique Glotzer has joined the firm as a managing director in its Energy & Climate practice. A senior strategy, finance, and sustainability advisor, he has advised clients across the energy and infrastructure sectors for over twenty years.
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Ares Appoints Peter Ogilvie as Chief Operating Officer and Head of Strategy
April 29, 2026Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today that Peter Ogilvie has been appointed as Chief Operating Officer and Head of Strategy, where he will support the leadership team in executing the firm’s strategic growth initiatives while scaling some of Ares’ key global operating capabilities.
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Silver Rock Capital Partners Raises $4 Billion for Private Credit Capital Solutions Strategy
April 29, 2026Silver Rock Capital Partners (“SRCP” or the “Firm”), an independent alternative credit asset manager, today announced it has closed on investable capital in excess of $4 billion as of April 1, 2026 for its latest Tactical Allocation Strategy (the “Strategy”) vintage.
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Encina Private Credit Provides a $30 Million First Out Commitment to a Manufacturing Company Backed by a Sponsor in a Minority Equity Position
April 29, 2026Encina Private Credit, LLC (“EPC”) is pleased to announce that it has served as Term Loan lender for a manufacturer of lab consumables used in compliance testing.
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Aegis Business Credit Closes $1.5 Million Revolving Line of Credit for HVAC Service Company
April 28, 2026Aegis Business Credit is pleased to announce the closing of a $1,500,000 revolving line of credit for a Southwest United States-based commercial HVAC service company and metal ductwork manufacturer. Formed to meet demand in a thriving market, the company is experiencing strong growth.
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Haversine Funding Announces Recent Lender Finance Closings and Facility Expansions
April 28, 2026Haversine Funding, a trusted capital partner to the specialty finance market, is pleased to announce a new series of transactions and facility expansions, reflecting continued demand for flexible capital solutions across commercial lending platforms.
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Rep. Kim Questions BPI's Baer on ABL Risk Differentiation in Basel III Reproposal and Urges Tweaks to Basel Proposal
April 28, 2026At today's House Financial Services Committee hearing, "Prioritizing Main Street: Evaluating the Impact of Capital Proposals on Economic Growth and American Communities,” Representative Young Kim (R-CA) questioned Bank Policy Institute President and CEO Greg Baer on the treatment of asset-based lending under the Basel III Endgame reproposal issued by the federal banking agencies in March 2026.
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Arch Capital Management Launches to Provide Flexible Working Capital, Factoring, and ABL Facilities
April 28, 2026Arch Capital Management (“Arch”), a new working capital and asset-based lending platform, today announced its official launch, expanding the team’s commitment to helping growth-oriented businesses access practical, flexible credit solutions. Built by the operators behind Cirrus Capital Partners, Arch was created to meet a growing need in the market: dependable revolving facilities that help companies convert assets, invoices, and purchase orders into usable liquidity.
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Utica Funds $7 Million Capital Lease for Heavy Civil Contractor Acquisition
April 28, 2026Utica is pleased to announce the closing of a $7,000,000 capital lease for a Southeast-based site development and heavy civil contractor. Secured by a broad pool of heavy equipment including excavators, dozers, articulated dump trucks, wheel loaders, motor graders, and compactors, the lease will support the acquisition of the company by a new ownership group.
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Ashish Sinha Joins Obra Capital as Managing Director, Asset-Based Finance
April 28, 2026Obra Capital, Inc. ("Obra"), a specialized alternative asset management firm, today announced that Ashish Sinha has joined the firm as Managing Director, Asset-Based Finance. He will support the firm's asset-based opportunistic credit strategy out of the firm’s New York office, reporting to Matt Roesler, Senior Managing Director and Head of Multi-Sector Credit.
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Trinity Capital Inc. Provides $30 Million in Growth Capital to Iantrek to Accelerate Commercial Expansion and Advance Product Pipeline
April 28, 2026Trinity Capital Inc. (Nasdaq: TRIN) (the "Company"), a leading international alternative asset manager, today announced the commitment of $30 million in growth capital to Iantrek, a medical technology company and a leader in the bio-interventional ophthalmic surgery (BIOS) space.
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Proskauer Releases its Latest Private Credit Default Index
April 28, 2026Proskauer today released its latest Private Credit Default Index (the “Index”), which tracks senior-secured and unitranche loans in the United States. The Index revealed a default rate of 2.73% for the period of January 1, 2026 - March 31, 2026. The rate represents an increase from 2.46% in Q4 2025 and 1.84% in Q3 2025.
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SFNet New Member Spotlight - Benesch Law
April 27, 2026Benesch is one of the fastest‑growing Am Law 200 law firms, with more than 500 attorneys across offices in Cleveland, Chicago, Columbus, New York, San Francisco, and Wilmington. The firm provides highly sophisticated legal services to national and international clients, including lenders, public and private companies, middle‑market and emerging businesses, private equity funds, entrepreneurs, and not‑for‑profit organizations.
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Bachem Secures Financing of Strategic Growth Initiatives
April 27, 2026Bachem Holding AG (“Bachem”, SIX: BANB) announced today the closing of a revolving credit facility of CHF 500 million with a maturity of five years and a non-committed option to increase the facility by CHF 150 million.
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STG Logistics Advances Toward Fully Consensual Emergence from Chapter 11; Seeks Confirmation of Plan of Reorganization Following Completion of Marketing Process and Final Resolution of LME Litigation
April 27, 2026STG Logistics Inc. ("STG" or the "Company"), one of the nation's largest providers of integrated port-to-door services and supply chain solutions for cargo owners and logistics providers, today announced that it has completed its court-supervised marketing process and reached a settlement regarding the litigation related to the Company's 2024 liability management ("LME") transaction, paving the way for a fully consensual emergence from chapter 11 in the near-term.
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Kahrs Joins CohnReznick as Restructuring and Dispute Resolution Managing Director
April 27, 2026CohnReznick, a leading professional services firm, announced today that Hank Kahrs has joined the firm as a Managing Director in its Restructuring and Dispute Resolution practice. Based in Los Angeles, Kahrs brings deep expertise in quantifying economic damages in complex cases, helping clients accurately understand and pursue the value of contested assets and businesses.
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