TSL Express Daily Articles & News

To submit company news and press releases to
TSL Express, email tslexpress@sfnet.com.

Today's Top Story



TSL Express Trending Story



TSL Express Daily Headlines & News

  • Year-to-Date Commercial Chapter 11 Filings Increased 33 Percent Compared to Same Period Last Year
    October 7, 2024
    The 6,067 total commercial chapter 11 bankruptcies filed during the first nine months of 2024 represented a 36 percent increase over the 4,561 filed during the same period in 2023, according to data provided by Epiq AACER, the leading provider of U.S. bankruptcy filing data.
  • J D Factors Provides $9,875,000 in New Factoring Facilities in September
    October 4, 2024
    J D Factors provided $9,875,000 in new factoring facilities to 40 new clients in the US and Canada during the month of September. Some of these facilities include :a $700,000 factoring facility for a transportation company in Ohio; a $500,000 factoring facility for an oil & gas company in Pennsylvania.
  • J D Factors Provides $9,875,000 in New Factoring Facilities in September
    October 4, 2024
    J D Factors provided $9,875,000 in new factoring facilities to 40 new clients in the US and Canada during the month of September. Some of these facilities include :a $700,000 factoring facility for a transportation company in Ohio; a $500,000 factoring facility for an oil & gas company in Pennsylvania.
  • J D Factors Provides $9,875,000 in New Factoring Facilities in September
    October 4, 2024
    J D Factors provided $9,875,000 in new factoring facilities to 40 new clients in the US and Canada during the month of September. Some of these facilities include :a $700,000 factoring facility for a transportation company in Ohio; a $500,000 factoring facility for an oil & gas company in Pennsylvania.
  • J D Factors Provides $9,875,000 in New Factoring Facilities in September
    October 4, 2024
    J D Factors provided $9,875,000 in new factoring facilities to 40 new clients in the US and Canada during the month of September. Some of these facilities include :a $700,000 factoring facility for a transportation company in Ohio; a $500,000 factoring facility for an oil & gas company in Pennsylvania.
  • J D Factors Provides $9,875,000 in New Factoring Facilities in September
    October 4, 2024
    J D Factors provided $9,875,000 in new factoring facilities to 40 new clients in the US and Canada during the month of September. Some of these facilities include: A $700,000 factoring facility for a transportation company in Ohio; a $500,000 factoring facility for an oil & gas company in Pennsylvania; $400,000 factoring facility for a transportation company in Ontario.
  • J D Factors Provides $9,875,000 in New Factoring Facilities in September
    October 4, 2024
    J D Factors provided $9,875,000 in new factoring facilities to 40 new clients in the US and Canada during the month of September. Some of these facilities include :a $700,000 factoring facility for a transportation company in Ohio; a $500,000 factoring facility for an oil & gas company in Pennsylvania.
  • J D Factors Provides $9,875,000 in New Factoring Facilities in September
    October 4, 2024
    J D Factors provided $9,875,000 in new factoring facilities to 40 new clients in the US and Canada during the month of September. Some of these facilities include :a $700,000 factoring facility for a transportation company in Ohio; a $500,000 factoring facility for an oil & gas company in Pennsylvania.
  • CIBC Innovation Banking Provides Growth Capital to Booksy
    October 3, 2024
    -CIBC Innovation Banking announced today that it has provided growth capital to Booksy, a mobile-first booking platform that connects beauty, wellness and health professionals with local customers, powering hundreds of millions of appointments each year. The company will use the financing to accelerate new customer acquisition, marketplace expansion, and platform enhancements.
  • Fifth Third Announces Corporate & Investment Banking Structure
    October 3, 2024
    Fifth Third Bank is pleased to announce a new structure within its Commercial Bank that builds upon the organization’s successes and continues to position the firm for the future.
  • Main Street Announces Amendment of its SPV Credit Facility
    October 3, 2024
    Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce that its wholly-owned subsidiary, MSCC Funding I, LLC ("MSCC Funding"), recently amended its special purpose vehicle revolving credit facility (the "SPV Facility"). The recently closed amendment provides an increase in total commitments from $430.0 million to $600.0 million, while maintaining an expanded accordion feature that allows for an increase up to $800.0 million of total commitments from new and existing lenders on the same terms and conditions as the existing commitments
  • Lafayette Square Announces ING's Expanded Commitment to Revolving Credit Facility
    October 3, 2024
    Lafayette Square USA, Inc. ("Lafayette Square"), a business development company, announced today that ING Capital LLC ("ING") has increased commitments to the hybrid credit facility that closed earlier this year. EverBank, N.A. ("EverBank") and First Citizens Bank ("First Citizens") will provide additional commitments which will increase the existing facility from $75 million to $150 million.
  • Dykema’s Lansing Office Adds Government Policy Advisor Bel Martin
    October 3, 2024
    Dykema, a leading national law firm, today announced the addition of Bel Martin as a Government Policy Advisor in the firm’s Lansing office. Martin joins Dykema after nearly three years with Ascension Health as State Policy and Advocacy Manager. Prior to that, she spent five years on the staffs of various Michigan State Senators and Representatives.
  • eCapital Factoring Division Reports Over $205 Million in YTD Funding, Anticipates Continued Growth
    October 3, 2024
    eCapital Corp. (“eCapital”), a leading technology-enabled provider of financing to SMBs in North America and the U.K., reports strong progress in its Factoring division, surpassing $205 million in funding commitments year-to-date. This benchmark reflects eCapital’s ability to provide essential capital to clients across a wide range of industries to support their business needs.
  • Gordon Brothers Welcomes Julie Dobler as Director, North America Real Estate Services
    October 3, 2024
    Gordon Brothers, the global asset experts, has welcomed Julie Dobler as Director, North America Real Estate Services. In this role, Dobler supports Real Estate Services’ daily operations and helps implement streamlined processes, procedures and methodologies to enhance the operational platform.
  • Portage Point Partners Announces Strategic Growth Investment from New Mountain Capital
    October 3, 2024
    Portage Point Partners ("Portage Point"), a business advisory, interim management and investment banking firm serving middle market stakeholders, is pleased to announce a strategic minority growth investment from New Mountain Capital ("New Mountain"), a leading growth-oriented investment firm with over $55 billion in assets under management.
  • Banc of California Hires Ken McMullen as Executive Vice President and Treasurer
    October 3, 2024
    Banc of California, a wholly owned subsidiary of Banc of California, Inc. (NYSE: BANC), announced today that Ken McMullen has joined the company as Executive Vice President and Treasurer. He is a member of the Senior Management Committee and reports directly to Joe Kauder, Banc of California’s Chief Financial Officer.
  • Emergent BioSolutions Announces Closing of $100 Million Asset-Backed Loan Facility
    October 3, 2024
    Emergent BioSolutions Inc. (NYSE: EBS) announced today that it entered into a new credit agreement on September 30, 2024 providing for an asset-based revolving loan facility (ABL) with the lenders party thereto and Wells Fargo Bank, National Association, as administrative agent.
  • Haynes Boone Advises Satcom Direct on Sale to Gogo Inc. for up to $600M
    October 3, 2024
    Haynes and Boone, LLP advised Satcom Direct in connection with its sale to Gogo Inc. (NASDAQ: GOGO). The transaction includes $375 million in cash and five million shares of Gogo stock. Satcom Direct could also receive up to an additional $225 million based on performance milestones through 2028.
  • Kimberly Dudek Named New Chair of Honigman’s Corporate Department
    October 2, 2024
    Honigman announced that Kimberly (Kim) Dudek will succeed Donald (Don) Kunz as Chair of the Corporate Department, stepping up from her prior role as Vice Chair. Don, who served as Chair for 20 years, will continue as a partner in the Corporate Department, advising clients on corporate finance and governance matters while serving on the firm’s Attorney Compensation Committee and as Chair of the Operating Committee.
#3 -_ 1 (1)