- Eastern Bank Announces The Sourcing Group As A Commercial Banking Customer
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- Legacy Corporate Lending Bolsters Leadership Team with Addition of Jeffrey Seiden as Executive Vice President
- Monroe Capital Supports Renovus Capital Partners’ Acquisitions of K2 Services, Epiq GBTS and Forrest Solutions
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TSL Express Daily Articles & News
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Today's Top Story
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eCapital Strengthens Northeast Presence with New SVP, Business Development
eCapital Corp. ("eCapital") a leading finance provider operating across North America and the U.K., proudly announces the appointment of industry veteran W. Calvin Navatto as SVP, Business Development Officer. Based out of the Company’s New York office, Navatto brings over three decades of experience and a wealth of industry knowledge to bolster eCapital's presence in the Northeast region.
TSL Express Trending Story
Featured
While retail data reported at the mid-summer mark pointed to a strong labor market, steady consumer spending in certain categories and retail sales up from last year for several straight months, the data only tells one side of the story. The numbers are merely inching forward, as growth across many sectors has been sluggish, if not altogether fl at. This year has unexpectedly been a mixed bag for the retail and credit market, and with continued volatility and an overall lackluster economic forecast, businesses and lenders must be prepared for any scenario.
TSL Express Daily Headlines & News
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John Galt Solutions and SPS Commerce Partner to Deliver Sales Channel Data in the Atlas Planning Platform
November 12, 2024John Galt Solutions, a global leader in automating supply chain planning to empower businesses to make better decisions faster, today announced its partnership with SPS Commerce, a leader in retail supply chain management solutions.
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Rosenthal Closes Three Recourse Factoring Transactions Totaling $6.5 Million
November 12, 2024Rosenthal & Rosenthal, Inc., the leading private commercial finance firm in the United States, today announced the completion of three recourse factoring transactions totaling $6.5 million.
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Rosenthal Closes Three Recourse Factoring Transactions Totaling $6.5 Million
November 12, 2024Rosenthal & Rosenthal, Inc., the leading private commercial finance firm in the United States, today announced the completion of three recourse factoring transactions totaling $6.5 million.
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Rosenthal Closes Three Recourse Factoring Transactions Totaling $6.5 Million
November 12, 2024Rosenthal & Rosenthal, Inc., the leading private commercial finance firm in the United States, today announced the completion of three recourse factoring transactions totaling $6.5 million.
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Ultimate Finance Strengthens its Team in the North With two new Hires
November 12, 2024Asset-based lender Ultimate Finance has strengthened its Northern team as it continues its mission to be the Funding Partner of Choice and support more businesses than ever before with access to five star rated funding solutions.
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ROTH Welcomes New Co-Heads to Lead Innovations Banking Sector
November 12, 2024Roth Capital Partners, LLC (“ROTH”), www.roth.com, today announced the appointment of Michael Guzman and Salomon Kamalodine as Managing Directors and Co-Heads of Innovations Investment Banking.
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Extendicare Announces New $275 Million Senior Secured Credit Facility
November 12, 2024Extendicare Inc. (“Extendicare” or the “Company”) (TSX: EXE) today announced that it has entered into a new senior secured credit facility for $275.0 million (the “Senior Secured Credit Facility”) with a syndicate of Canadian chartered banks, for a term of three years.
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Cedar Croft Consulting Advises Ted's Hot Dogs on Senior Debt Refinancing
November 12, 2024Cedar Croft Consulting Inc., a leading turnaround management and financial advisory firm in North America, has acted as a financial advisor for Ted's Hot Dogs' recent senior debt refinancing.
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Houlihan Lokey Bolsters Capital Markets Team With Senior Hire
November 12, 2024Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, announced today that Brad Boggess has joined as a Managing Director in its Capital Markets Group. Based in Atlanta, Mr. Boggess will leverage his deep finance and operational expertise as well as his senior-level relationships with countless private equity and private credit managers for the benefit of the firm.
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Sage and Artis Trade Join Forces to Accelerate Document Automation and Drive Efficiency in Secured Finance
November 12, 2024Sage, the leader in accounting, financial, HR and payroll technology for small and mid-sized businesses (SMBs), announce a landmark partnership with Artis Trade Systems "Artis", to automate document data entry and accelerate financial and document workflows for Secured Finance Lenders, Transportation and Commercial Companies.
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Foley Adds Partner Jose Sanchez, Strengthening Securities Enforcement and Litigation Capabilities and Expanding California Presence
November 12, 2024Foley & Lardner LLP announced today that Jose Sanchez has joined the firm’s Los Angeles office as a partner in its Securities Enforcement & Litigation Practice Group, adding to Foley’s deep bench of seasoned regulatory, investigations, and trial attorneys. Sanchez comes to Foley after nearly six years in the Office of General Counsel at Deloitte Global, where he served as Americas lead counsel and senior managing director.
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Austin Financial Services, Inc. Closes $3.4MM ABL Facility for Analytical Lab and Safety Compliance Testing Company
November 12, 2024Austin Financial Services, Inc. (AFS) is pleased to announce the closing of a $3.4MM asset-based lending (ABL) facility comprised of an AR revolver and equipment term loan to an analytical lab and safety compliance testing company servicing the food & beverage, vitamin, and botanical manufacturing industries.
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Change Capital Appoints Bill Kirth as Senior Regional Vice President
November 12, 2024Change Capital, a leading national commercial finance firm headquartered in New York, is pleased to announce the appointment of Bill Kirth as Senior Regional Vice President. Based in Salt Lake City, Mr. Kirth brings over 30 years of experience in business development and commercial finance, with a strong focus on sales strategy and client relationships.
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Cerebro Capital Facilitates Over $90MM in Financings for 10 Companies
November 12, 2024Cerebro Capital recently announced they had facilitated over $90MM in financings for 10 companies. Cerebro is a technology driven commercial lending marketplace to the lower and middle market assisted companies looking for debt across numerous structures including senior and junior cash flow, asset based, equipment financing, recurring revenue, and other less conventional structures.
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Versant Funds Non-Recourse Factoring Transaction to Maintenance Company with State Contract
November 12, 2024Versant Funding LLC is pleased to announce it has funded a non-recourse factoring transaction to a company which provides maintenance and repair services for state-owned properties.
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Transom Capital Announces Closing of Over $750 Million in Total Capital Commitments
November 12, 2024Transom Capital Group (“Transom”), a private equity firm focused on operational improvements in the middle market, today announced the final close of Transom Capital Fund IV at $675 million in capital commitments, more than double the size of its previous fund and exceeding its target and initial hard cap.
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Wingspire Capital Provides $25 Million Revolver to Aftermarket Performance Group
November 12, 2024Wingspire Capital provided a $25 million revolver to Aftermarket Performance Group (“APG”), a leading vertically integrated wholesale distributor, e-tailer, and manufacturer for performance aftermarket parts and accessories for enthusiasts in the compact performance, Jeep, off-road, and pickup truck markets and includes top brands of Northridge 4x4, Stage 3 Motorsports, PRL Motorsports, Adams Driveshaft and Rallysport Direct.
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Climate First Bank Appoints Ryan Jaskiewicz to Lead Structured Finance Expansion
November 12, 2024Climate First Bank (www.climatefirstbank.com), the world’s first FDIC-insured digital community bank founded to combat the climate crisis, today named Ryan Jaskiewicz President of its newly-created Structured Finance division. The addition will accelerate Climate First Bank’s growth by offering customers Factoring and Asset Based Lending, in addition to other specialty finance offerings to come.
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DraftKings Adds $500M Credit Line That Incentivizes Borrowing
November 10, 2024DraftKings has opened a new $500 million credit facility, a move that will give the company easy access to more—and cheaper—liquidity should it need the money in the next few years. The new $500 million revolving credit facility, taken out this week with a syndicate led by Morgan Stanley, replaces a $125 million facility that the gaming company (Nasdaq: DKNG) entered into with Banc of California and Citizens Bank in December 2022.
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SFNet New Member Spotlight - Tauber-Arons, Inc.
November 8, 2024Founded in 1892, Tauber-Arons has been owned and operated by the same family for four generations. It is the nation's most established, experienced industrial auction company.
The Secured Lender
SFNet's The 81st Annual Convention Issue
