- BHI Provides $20 Million Capital Call Line to Triangle Capital Group
- TSL Feature Articles
- Brean Capital Extends and Upsizes Corporate Note to $30 Million for North Mill
- Entrepreneur Growth Capital Provides $17,500,000 Line of Credit to Supply Chain Solutions Provider
- Canacol Energy Announces Agreement for Debtor in Possession (“DIP”) Financing
TSL Express Daily Articles & News
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Today's Top Story
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Doug Braunstein to Join Wells Fargo as Vice Chairman
Wells Fargo & Company (NYSE:WFC) today announced that Doug Braunstein will join the company as Vice Chairman, effective February 28. Braunstein brings a broad set of financial services experiences to Wells Fargo, with particular expertise in serving as an advisor to boards and CEOs on strategic alternatives.
TSL Express Trending Story
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Floating Charges: the Good, the Bad and the Ugly - The Evolution of the Floating Charge
The capacity for a lender to take effective security over a changing pool of assets is of critical importance to the asset-based lending market.
TSL Express Daily Headlines & News
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Gateway Trade Funding Completes 17 Stretch Finance Transactions Totaling Almost $5,000,000
November 25, 2024
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Gateway Trade Funding Completes 17 Stretch Finance Transactions Totaling Almost $5,000,000
November 25, 2024
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Gateway Trade Funding Completes 17 Stretch Finance Transactions Totaling Almost $5,000,000
November 25, 2024
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Gateway Trade Funding Completes 17 Stretch Finance Transactions Totaling Almost $5,000,000
November 25, 2024Gateway Trade Funding, a PO and Stretch Financing company, is pleased to announce that we have recently completed the following stretch finance transactions a $300,000 facility to a US oil and gas equipment company selling to US corporations and $750,000 facility to a US supplier of laboratory solutions selling to US corporations.
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Gateway Trade Funding Completes 17 Stretch Finance Transactions Totaling Almost $5,000,000
November 25, 2024Gateway Trade Funding, a PO and Stretch Financing company, is pleased to announce that we have recently completed the following stretch finance transactions a $300,000 facility to a US oil and gas equipment company selling to US corporations and $750,000 facility to a US supplier of laboratory solutions selling to US corporations.
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Gateway Trade Funding Completes 17 Stretch Finance Transactions Totaling Almost $5,000,000
November 25, 2024Gateway Trade Funding, a PO and Stretch Financing company, is pleased to announce that we have recently completed the following stretch finance transactions: a $300,000 facility to a US oil and gas equipment company selling to US corporations and $750,000 facility to a US supplier of laboratory solutions selling to US corporations.
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Rosenthal Closes Pair of Transactions Totaling $5 Million
November 25, 2024Rosenthal & Rosenthal, Inc., the leading private commercial finance firm in the United States, today announced the completion of an asset-based lending transaction and a factoring transaction totaling $5 million.
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Regulators Hit Pause Button on Basel III Endgame
November 25, 2024Federal regulators have announced a pause on major regulatory actions, including the Basel III Endgame proposal, until President-elect Trump takes office in 2025. During a House Financial Services Committee hearing on November 20, Federal Reserve Vice Chair Michael Barr confirmed that the central bank will not proceed with Basel III Endgame, the long-term debt proposal, or bank liquidity rules during the remainder of the current administration.
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eCapital Delivers $45 Million ABL Solution to Propel Growth for Texas Energy Services Firm
November 25, 2024eCapital Corp. (“eCapital”), a leading tech-enabled finance provider specializing in tailored solutions for businesses across North America and the United Kingdom, has secured a $45 million asset-based lending (ABL) facility for a privately held energy services company based in Texas.
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CohnReznick Garners Three Top Workplace Awards
November 25, 2024CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, has, for a third consecutive year, earned certification as a Great Place to Work® (GPTW). This resulted in CohnReznick also being ranked among Fortune’s Best Workplaces in Consulting & Professional Services and Best Workplaces for Women for 2024.
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Gordon Brothers Offering for Sale by Private Treaty Workboat A.M.S. Swissco and Barge A.M.S. 1806
November 25, 2024Gordon Brothers, the global asset experts, is offering for sale by private treaty two commercial vessels, the A.M.S. Swissco and A.M.S. 1806, presenting a unique opportunity for buyers seeking versatile, robust assets suitable for a range of maritime applications.
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First Foundation Inc. Announces Retirement of CEO Scott F. Kavanaugh and Appointment of Thomas C. Shafer as Successor
November 25, 2024First Foundation Inc. (NYSE: FFWM) (the "Company"), a financial services company with two wholly owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, today announced the appointment of Thomas C. Shafer as its Chief Executive Officer. Mr. Shafer’s appointment follows the retirement of Scott F. Kavanaugh, who has served the Company as Chief Executive Officer since 2009 and as a member of the Board of Directors since 2007.
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Preeminent Restructuring Partners to Join Latham & Watkins in New York
November 25, 2024The addition of four highly accomplished partners, who have advised clients at the center of the most complex and consequential restructuring matters in the United States, will further strengthen and expand Latham’s market-leading restructuring practice.
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Hearthside Takes Strategic Action to Position Company for Long-Term Growth
November 25, 2024-H-Food Holdings LLC and certain of its affiliates (“Hearthside” or the “Company”), a leading food contract manufacturer, today announced that it has entered into a global Restructuring Support Agreement (“RSA”) with its key stakeholders that will right size the balance sheet, infuse the business with significant equity capital, and position the Company for significant long-term growth.
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Sidley Austin Represents J.S. Held in Acquisition of Luttrell Wegis
November 25, 2024Sidley Austin LLP represented global consulting firm J.S. Held LLC in its acquisition of Luttrell Wegis LLP, a forensic accounting and business valuation firm serving clients throughout California and surrounding states.
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BHI Provides $38.7 Million in Financing to EPIRE for the Construction of One Jones Park, A 75 Unit Multifamily Development at 387 8th Street in Jersey City
November 25, 2024BHI, the U.S Branch of Bank Hapoalim, B.M. and a full-service commercial bank, today announced that it has provided $38.7 Million in financing to 387 Eight Holdings LLC, an entity affiliated to development company EPIRE, for the construction of One Jones Park, located at 387 8th Street Jersey City, New Jersey. The building will be a 9-story structure and feature 75 residential units, plus ground and second floor retail.
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Blue Bear Capital Closes Third Fund, Adding $200 Million to Platform for Machine Intelligence Investments into Energy, Infrastructure, and Climate Industries
November 25, 2024Blue Bear Capital, a venture and growth equity firm focused on AI-powered solutions for the world's energy, infrastructure, and climate challenges, today announced the close of its $160M Fund III and additional follow-on vehicles.
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Marathon Asset Management and Webster Bank Provide Senior Secured Financing for Littlejohn’s Acquisition of Sunbelt Modular
November 25, 2024Marathon Asset Management (“Marathon”), a leading global credit manager with more than $23 billion of assets under management, and Webster Bank, N.A. (“Webster Bank”), a leading commercial bank in the Northeast with $79 billion in total assets, are pleased to announce the closing of a senior-secured financing agreement for Sunbelt Modular, Inc. (“Sunbelt” or the “Company”) to support its acquisition by funds advised by Littlejohn & Co., LLC (“Littlejohn”).
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EverBank Expands Commercial Offerings with New Public Finance Business, Led by Trevor Mael
November 25, 2024EverBank, N.A., a national specialty bank serving clients across the United States, today announces an expansion of its commercial banking portfolio with the launch of its Public Finance division. Industry expert Trevor Mael, a proven leader in the public finance space, has been appointed as director to lead the division.
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Pivot Energy Secures Over $450 Million in Major Financing of Distributed Generation Portfolios from First Citizens, ATLAS SP, and HASI
November 25, 2024Pivot Energy ("Pivot"), a leading, national renewable energy provider and independent power producer, announced today two transformational financing arrangements, marking a critical step toward establishing innovative and scalable financing facilities. Pivot has successfully secured a $450 million debt warehouse facility, led by long-time partner, First Citizens Bank, which includes new strategic partner ATLAS SP Partners ("ATLAS"), the warehouse finance and securitized products business majority owned by Apollo funds.
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