- EBSC Lending Provides $54 Million Construction Loan for Phase I of a 180-Unit Multi-Housing Community in Gainesville, Florida
- Fortress Investment Group Leads $500 Million Senior Secured Credit Facility for Blue Raven Solutions
- SouthStar Capital Provides $5 Million Accounts Receivable Financing Facility to Oilfield Services Company
- GreenFirst Secures $30 Million Term Loan Under Federal Softwood Lumber Program
- Monroe Capital Supports Shore Capital Partners’ Investment in Together Women’s Health
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
Today's Top Story
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HYPERAMS Announces New President, Chairman and Formation of New Appraisal Entity
HYPERAMS formed the new entity Hyper Valuation Services (HVS). All appraisal services will be conducted by this entity moving forward. The entity is owned by HYPERAMS and by current HYPERAMS Senior Managing Director of Appraisal Services Jonathan Deptula. Chief Operating Officer Bob Pabst has purchased a controlling equity interest in, and become President of, HYPERAMS.
TSL Express Trending Story
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Spotlight on SFNet's Diversity, Equity & Inclusiveness Committee: Interview with Jessica Sanchez
Jessica Sanchez is currently the Director of Marketing and Communications at Access Capital, Inc., a New York-based commercial finance firm and the nation’s leading independent lender to the staffing industry. The firm provides working capital lines of credit from $500,000 to $25 million and term loans up to $5 million to clients to support their ongoing business and finance growth strategies, including M&A, strategic investments, and shareholder buyouts.
TSL Express Daily Headlines & News
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Go Global Snaps Up Hatch Maternity Brand
October 28, 2024The label will team up with Janie and Jack, an upscale children’s apparel retailer the investment platform acquired from Gap Inc. in 2021.
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Austin Financial Services Announces Significant Growth
October 28, 2024Austin Financial Services is pleased to announce significant growth in the first three quarters of 2024, supported by a strong backlog of deals expected to close in Q4.
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nFusion Capital and Iron Horse Credit Provide $5.5 million Funding to Support Kitchenware Wholesaler
October 28, 2024nFusion Capital and Iron Horse Credit announced the funding of a $5.5 million line of credit to a wholesaler of kitchenware, chinaware, and kitchen accessories. The financing will support the Company’s working capital needs and provide a steady flow of capital during seasonal fluctuations in demand for its products.
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Entourage Health Increases Senior Secured Credit Facility
October 24, 2024Entourage Health Corp. (TSX-V: ENTG) (OTCQX: ETRGF) (FSE: 4WE) ("Entourage" or the "Company"), a Canadian producer and distributor of award-winning cannabis products, confirmed today it has signed an amendment (the "Amendment") to its senior secured amended and restated credit facility entered into on January 31, 2023 (the "Credit Facility") with an affiliate of the LiUNA Pension Fund of Central and Eastern Canada ("LPF").
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Las Vegas Sands Secures new $4.18 Billion Credit Facility
October 24, 2024Las Vegas Sands Corp. (NYSE:LVS) has entered into a new credit agreement and terminated an existing one, as per a recent 8-K filing with the U.S. Securities and Exchange Commission.
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SFNet Advocacy Alert: Private Funds Rule Summary and Fifth Circuit Decision
October 24, 2024In a significant development for the private funds industry, the U.S. Court of Appeals for the Fifth Circuit has unanimously vacated the SEC's 2023 Private Funds Rule, marking a major setback for the Commission's efforts to enhance regulation of private fund advisers. The ruling, issued this summer, found that the SEC exceeded its statutory authority in implementing the sweeping regulatory framework that would have imposed substantial new disclosure requirements and restrictions on the $26 trillion private funds industry.
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Sallyport Commercial Finance Provides Staffing Firm With $500,000 to Power New Renewable Division
October 24, 2024The client, referred by Sallyport's account executive Olivia Hudson, is expanding into a new division focused on renewable energy and this funding will enable them to meet their payroll obligations and drive business growth as they break into a new sector.
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First Business Financial Services, Inc. Earns Prestigious Piper Sandler 2024 Sm-All Stars Recognition
October 24, 2024First Business Financial Services, Inc., (Nasdaq: FBIZ), the parent company of First Business Bank, proudly announces its selection by Piper Sandler for the prestigious Sm-All Stars Class of 2024.
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Gridiron Capital Expands Its Team with New Talent
October 24, 2024Gridiron Capital, LLC (“Gridiron Capital”), an investment firm focused on partnering with founders, entrepreneurs, and management teams, is pleased to announce the following Investment and Accounting & Finance team additions: Caroline Sizer as Vice President of Portfolio Analytics, Paul Addeo as Accounting Manager, Elisa Gashaj as Tax Manager, and Will Atkins and Jemarc Walters as Investment Associates.
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Online Auction Features More than 900 Lots of Production Rental Gear from Global Leader PRG
October 24, 2024A Tiger Group online auction on November 5 will offer over 900 lots from PRG’s extensive rental inventory of professional production equipment. PRG, with offices worldwide, offers the industry’s largest inventory of professional production gear.
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American Tire Distributors Enters Chapter 11 to Restructure Debt
October 24, 2024American Tire Distributors (ATD) has commenced voluntary Chapter 11 proceedings in the US Bankruptcy Court for the District of Delaware. The restructuring plan aims to transition ownership of the company while addressing significant debt obligations.
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National Funding Secures Warehouse Funding from Forbright Bank
October 24, 2024Dave Gilbert, CEO of National Funding and its recently launched holding company FairSquare, announces a bank line of credit commitment for $83.25 million from Forbright Bank (with a total expansion capacity of up to $150 million).
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Comvest Credit Partners Expands Senior Credit Originations Team
October 24, 2024Comvest Credit Partners (“Comvest”), a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that Kevin Blitz has joined the direct lending investment platform as a Managing Director.
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Pure Fishing Completes Refinancing Transaction
October 24, 2024Pure Fishing Inc., ("Company" or "Pure Fishing"), a global leader in the fishing tackle industry and portfolio company of Sycamore Partners, today announced the closing of a refinancing transaction of its outstanding debt.
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Lawfty Announces $40 Million in Debt Financing Led by CoVenture
October 24, 2024Lawfty, the data-powered personal injury law firm that offers a clear advantage for personal injury clients and firms, today announces $40 million in debt financing led by CoVenture Management LLC ("CoVenture").
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Houlihan Lokey Grows Capital Markets Team With Seasoned Hire
October 24, 2024Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, announced today that Clinton Miyazono has joined as a Managing Director in its Capital Markets Group. Mr. Miyazono will supplement the firm’s credit capabilities and augment the Chicago office.
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EverBank Launches New Corporate Asset Finance Division Led by Industry Veteran Maureen Carr
October 24, 2024EverBank has significantly expanded and strengthened its equipment finance capabilities by launching its new Corporate Asset Finance division. To lead the new business, the bank has appointed industry veteran Maureen Carr as Managing Director.
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Ankura Taps Industry Veteran Regina Lee to Lead Risk, Forensics & Compliance Business Globally
October 24, 2024Leading global expert services and advisory firm Ankura Consulting Group, LLC (“Ankura”) is pleased to announce the appointment of Regina Lee as the Global Leader of its Risk, Forensics & Compliance business.
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KBRA Releases Research—Private Credit: Feeder Fund Rated Notes—Squaring the Circle
October 23, 2024KBRA releases research highlighting key legal considerations for feeder fund rated notes. In a typical rated note structure, a feeder fund relies on debt and equity commitments provided by its investors to meet its obligations as a limited partner in a master fund.
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Debt Finance Partner H.T. Flanagan Joins Kirkland
October 23, 2024Mr. Flanagan advises private credit funds, alternative lenders and other investors in traditional private credit financings and bespoke capital solutions. He counsels such credit-oriented investors on direct originations, secondary market opportunities, complex intercreditor issues and novel structured capital investments.
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SFNet's The 81st Annual Convention Issue
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