- Gateway Trade Funding Provides $1.5 Million in Purchase Order Financing to California Food Importer
- MidOcean Partners Expands Credit Team with Key New Hires
- Yanmar America Finance Selects Vero Technologies to Support the Launch of Its Captive Floorplan Finance Program
- Portage Point Expands Turnaround & Restructuring Services Leadership
- Mountain Ridge Capital Promotes Blake Brown to Managing Director, Underwriting
TSL Express Daily Articles & News
To submit company news and press releases to TSL Express, email tslexpress@sfnet.com.Today's Top Story
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Legacy Corporate Lending Appoints Karla Gorgij as Executive Vice President, Portfolio & Underwriting
Legacy Corporate Lending, LLC ("Legacy"), an independent asset-based lending (ABL) company focused on serving the needs of middle market companies across North America, today announced the appointment of Karla Gorgij as Executive Vice President, Portfolio & Underwriting. In her role, Ms. Gorgij will be primarily responsible for managing a portfolio of client relationships where she will work closely with borrowers to support their ongoing financing needs and deliver exceptional service throughout the life of each credit facility.
TSL Express Trending Story
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SFNet Deal Activity Highlights – Q2 2026
The second quarter of 2026 demonstrated the continued resilience of the secured finance market, with 224 deals reported to SFNet's Secured Finance Deal Table. Activity remained broad-based across industries, financing structures and lender types, illustrating the flexibility of asset-based lending, factoring and specialty finance solutions as companies navigated a still-uncertain economic environment.
TSL Express Daily Headlines & News
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Republic Business Credit Supports Textile Wholesaler with $2.75 Million Factoring Facility
August 17, 2026Republic Business Credit has announced a new partnership with a national textile wholesaler, providing a $2.75 million factoring facility to fuel the company's West Coast expansion and market penetration into new apparel manufacturers.
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Blank Rome Further Expands Construction, Infrastructure, and Energy Platform with Partner Tarek F. Abdalla
August 17, 2026Blank Rome LLP is pleased to announce that Tarek F. Abdalla has joined the firm as a partner in its Business Litigation group, Construction & Infrastructure practice, and Energy industry team. Tarek joins a growing Construction & Infrastructure team that recently added partners Patrick D. Harder and Brandon J. Davis in Los Angeles and Justin N. Leonelli in Pittsburgh.
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Monroe Capital Supports Summit Restoration Group’s Acquisitions of Capital Construction Services and Capital Fire & Water
August 17, 2026Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisitions of Capital Construction Services and Capital Fire & Water (together, “Capital”) by Summit Restoration Group, an existing portfolio company of Point 41 Capital Partners.
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Renowned Multi-Faceted Attorney Steven Kurtz Joins Stubbs Alderton & Markiles
August 17, 2026Leading Southern California law firm Stubbs Alderton & Markiles, LLP (SA&M) is pleased to announce that Steven N. Kurtz will be joining as a Partner and Chair of the firm’s Commercial Finance, Insolvency & Specialty Lending Practice Group, which he will be launching, in addition to joining other practice groups.
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SouthStar Capital Closes $500,000 Combined Purchase Order and Accounts Receivable Financing Facility for Consumer Products Company
August 17, 2026SouthStar Capital recently closed a $500,000 combined purchase order and accounts receivable financing facility for a consumer products company preparing to launch its products through a major national retailer.
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Hadrian Closes $360 Million Revolving Credit Facility to Accelerate the Buildout of Its U.S. Manufacturing Footprint
August 17, 2026Hadrian, the advanced manufacturing company building highly automated factories for America, today announced the closing of a $360 million revolving credit facility. This facility allows Hadrian to further invest in the advanced manufacturing infrastructure, machinery, and related hardware needed to achieve its production goals.
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SouthStar Capital Closes Accounts Receivable Financing Facility for Aerospace & Defense Government Contractor
August 17, 2026SouthStar Capital recently closed an accounts receivable financing facility for a government contracting company supporting the aerospace and defense industry.
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B. Riley Securities Acts as Co-Lead Underwriter for Ucore Rare Metals’ C$69M Public Offering
August 17, 2026B. Riley Securities, Inc., a leading full-service investment bank, acted as Co-Lead Underwriter in a bought deal public offering for Ucore Rare Metals Inc. (TSXV: UCU | OTCQX: UURAF), which closed on August 13, 2026, raising aggregate gross proceeds of C$69,004,600, including the full exercise of the over-allotment option. Ucore issued a total of 24,644,500 common shares at a price of C$2.80 per share.
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Joseph Malfitano Appointed President & Head of GA Group Retail, Merchant, and Industrial Solutions
August 17, 2026Great American Holdings, LLC ("GA Group"), a provider of financial advisory, valuation, asset disposition, investment banking, and lending services and majority-owned by funds managed by Oaktree Capital Management, L.P. ("Oaktree"), today announced the appointment of Joseph (Joe) Malfitano as President & Head of its Retail, Merchant & Industrial Solutions business lines.
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DraftKings Announces Launch of $600 Million Term Loan B Facility and Upsized $750 Million Revolving Credit Facility
August 17, 2026DraftKings Inc. (Nasdaq: DKNG) (the “Company” or “DraftKings”) today announced the launch of syndication for a proposed senior secured term loan B credit facility (the “Term Loan B”) in an aggregate principal amount of $600 million.
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TWFG Expands Credit Facility to $125 Million, Enhancing Capacity for Continued Growth and Strategic Investments
August 17, 2026TWFG, Inc. (Nasdaq: TWFG) ("TWFG" or the "Company") today announced that it has entered into an Amended and Restated Credit Agreement providing for a $125 million revolving credit facility and extending the facility's maturity to August 12, 2031.
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Citizens Adds Doug Brockway to Lead Cybersecurity and Infrastructure Software Investment Banking
August 17, 2026Citizens Capital Markets & Advisory today announced that Doug Brockway has joined its Technology Investment Banking team as a managing director leading the firm’s Cybersecurity and Infrastructure Software practice.
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Nightpeak Energy Secures $75 Million Corporate Credit Facility to Support Continued Growth
August 13, 2026Nightpeak Energy ("Nightpeak"), a next-generation independent power producer that integrates dispatchable generation with data center and large-load development, today announced it has closed a $75 million corporate credit facility (the "Facility") with Macquarie Group.
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TWFG Expands Credit Facility to $125 Million, Enhancing Capacity for Continued Growth and Strategic Investments
August 13, 2026TWFG, Inc. (Nasdaq: TWFG) ("TWFG" or the "Company") today announced that it has entered into an Amended and Restated Credit Agreement providing for a $125 million revolving credit facility and extending the facility's maturity to August 12, 2031.
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CB&I Announces Successful Upsizing and Closing of $625 Million Senior Secured Credit Facility
August 13, 2026CB&I, a leading provider of integrated storage and asset‑management solutions, today announced the successful upsizing and closing of its senior secured credit facility from $400 million to $625 million.
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First Business Bank's Asset-Based Lending Team Funds $15 Million Revolving Line Of Credit For Washington Outdoor Products Manufacturer
August 13, 2026First Business Bank's Asset-Based Lending team announces a recently closed and funded $15,000,000 revolving line of credit to refinance the existing secured debt of a Washington-based manufacturer and distributor of outdoor products. The financing also provides working capital to support the company's seasonal business cycle and continued growth.
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eCapital Delivers $10 Million Asset-based Lending Facility to Support Restructuring of Florida Flight Training Company
August 13, 2026eCapital Corp. (“eCapital”), eCapital Corp. ("eCapital"), an AI-powered fintech company building the next generation of specialty finance, has provided a $10 million asset-based lending revolving credit facility to a Florida-based flight training company undergoing an extensive operational and financial restructuring.
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Orange EV Secures $100 Million Credit Facility with Wells Fargo
August 13, 2026Orange EV, the leading manufacturer of zero‑emissions terminal trucks, today announced it has entered into a $100 million revolving credit facility led by Wells Fargo Bank, N.A. The senior secured facility strengthens Orange EV's balance sheet and provides increased liquidity to support working capital needs, the continued expansion of OptiGrid, and the growth of the company's rental and leasing platform.
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Hedaya Capital Supports Strategic Growth Plans at Apparel Company Startup
August 13, 2026The Hedaya Capital Group recently provided a $1 million factoring facility to a New York-based apparel Company specializing in the import and distribution of branded men's underwear. The facility will provide the working capital needed to support expansion initiatives and accelerate revenue growth.
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First Citizens Bank Appoints Stacie Bales Barton and Sharon Thompson to Lead Growth Across Central U.S.
August 13, 2026First Citizens Bank, a top 20 U.S. bank, today announced two additions to its regional leadership team. Stacie Bales Barton and Sharon Thompson have joined the bank as Regional Executive Vice Presidents, supporting First Citizens' continued growth and expansion into the Central U.S. Both will report directly to Ron Sanchez, Regional Executive Vice President at First Citizens Bank.
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