TSL Express Daily Articles & News
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PNC Appoints Michael P. Lyons President
The PNC Financial Services Group (NYSE: PNC) today announced that its Board of Directors has unanimously appointed Michael P. Lyons president of the corporation and its wholly owned banking subsidiary, PNC Bank, National Association, effective immediately.
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The Story of LaSalle Business Credit
In this feature series, Charlie Perer sits with the key entrepreneurs and executives who have built leading commercial finance companies. This feature is about LaSalle Business Credit, told by some of the key executives who played seminal roles in the 1990s. The core team at LaSalle went on to be leaders throughout the entire commercial finance industry. Here to tell the story are Mike Sharkey, Marty Battaglia, Bob Corsentino and Bruce Sprenger.
TSL Express Daily Headlines & News
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Stingray Successfully Completes Long Term Refinancing with a $500M Revolving Credit Facility, Enhancing Financial Flexibility
December 9, 2024Stingray Group Inc. (TSX: RAY.A; RAY.B) (“Stingray”), an industry leader in music and video content distribution, business services, and advertising solutions, today announced that it has successfully completed the increase and extension of its existing credit facility, providing additional liquidity for operations and M&A activities. The refinancing consists of a $500 million revolving credit facility maturing in December 2028.
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Peapack-Gladstone Bank Hires Paula Gambino as Senior Vice President
December 9, 2024Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack-Gladstone Bank are proud to announce that Paula Gambino has joined the Bank as a Senior Vice President, Head of SBA.
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Republic Business Credit Partners with Southern Staffing Company to Drive Growth with $750,000 Factoring Facility
December 9, 2024An experienced temporary staffing management team was searching for a factoring company for their latest entrepreneurial venture, seeking a trusted local financial partner that understood the temporary staffing industry. The company initially reached out to the Buckhead branch of Renasant Bank, which provides its treasury services.
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Sallyport Commercial Finance Provides $4 Million Funding for Canadian Oilfield Services Company
December 9, 2024Sallyport Commercial Finance announced it has successfully provided $4 million in accounts receivable funding to a dynamic client in the oilfield services industry. Referred by a Calgary consultant, this funding will enable the company to repay existing debt and invest in substantial growth opportunities within their sector.
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EBSC Lending Provides $17.5 Million Loan to Refinance 127-United Multifamily Property
December 9, 2024EBSC Lending, a leader in financing real estate throughout the United States, has provided a $17,500,000 loan to refinance a 127-unit multifamily property in the Fort George neighborhood of New York, NY. The financing was originated by Martin Alex, CEO at EBSC Lending.
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CoachHub Secures $42M in Growth Financing from HSBC Innovation Banking UK to Fuel AI Innovation and Product Expansion
December 9, 2024CoachHub, the leading global digital coaching platform, today announced that it has secured a $40 million growth financing facility fromHSBC Innovation Banking UK. This capital injection will enable CoachHub to accelerate its investment in artificial intelligence (AI) and further expand its product offerings. The transaction is a key strategic decision for CoachHub to drive rapid innovation while safeguarding employee equity and promoting long-term value creation.
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Lumin Digital Secures $160 Million in Growth Funding
December 9, 2024Lumin Digital, a leading cloud-native digital banking provider, today announced it has raised over $160M in growth equity financing, led by Light Street Capital, NewView Capital, and Partners Group, acting on behalf of its clients.
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AirBoss Announces New Credit Facilities and Update On Strategic Transition
December 9, 2024AirBoss of America Corp. (TSX: BOS) (OTCQX:ABSSF) (the “Company” or “AirBoss”) today announced that it has entered into new senior secured credit facilities consisting of aggregate financing of up to US$180 million, which are replacing its current senior secured revolving credit facilities, and an update on its previously announced strategic transition.
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Asset Based Lending Opens Cherry Hill Office as Second Headquarters
December 9, 2024Privately held Asset Based Lending has expanded its presence in New Jersey with the opening of an office in Cherry Hill, part of a wave of growth in several key U.S. markets.
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Eldridge Industries to Launch Eldridge, an Asset Management and Insurance Holding Company with $74 Billion in AUM
December 9, 2024Today, Eldridge Industries announced plans to launch Eldridge, an asset management and insurance holding company with approximately $74 billion in assets under management. Eldridge will be wholly owned by Eldridge Industries and consist of two divisions: Eldridge Capital Management and Eldridge Wealth Solutions.
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H.I.G. Capital Closes $1 Billion Bayside Loan Opportunity Fund VII
December 9, 2024H.I.G. Bayside Capital, the special situations credit affiliate of H.I.G. Capital ("H.I.G." or the "Firm"), a leading global alternative investment firm with $66 billion of capital under management, is pleased to announce the final closing of H.I.G. Bayside Loan Opportunity Fund VII (the "Fund").
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Haversine Provides $23.5 Million in Participation and Lender Finance Funding Solutions
December 9, 2024Haversine Funding, a leading provider of specialized financial solutions for the factoring and asset-based lending (ABL) industries, is proud to announce another series of impactful funding transactions. These deals highlight Haversine’s role as a trusted partner in helping lenders and factors achieve their growth objectives while addressing unique market needs.
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Haversine Provides $23.5 Million in Participation and Lender Finance Funding Solutions
December 9, 2024Haversine Funding, a leading provider of specialized financial solutions for the factoring and asset-based lending (ABL) industries, is proud to announce another series of impactful funding transactions. These deals highlight Haversine’s role as a trusted partner in helping lenders and factors achieve their growth objectives while addressing unique market needs.
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Haversine Provides $23.5 Million in Participation and Lender Finance Funding Solutions
December 9, 2024Haversine Funding, a leading provider of specialized financial solutions for the factoring and asset-based lending (ABL) industries, is proud to announce another series of impactful funding transactions. These deals highlight Haversine’s role as a trusted partner in helping lenders and factors achieve their growth objectives while addressing unique market needs.
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Haversine Provides $23.5 Million in Participation and Lender Finance Funding Solutions
December 9, 2024Haversine Funding, a leading provider of specialized financial solutions for the factoring and asset-based lending (ABL) industries, is proud to announce another series of impactful funding transactions. These deals highlight Haversine’s role as a trusted partner in helping lenders and factors achieve their growth objectives while addressing unique market needs.
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J D Factors Provides $18,300,000 in new Factoring Facilities to 45 new Clients in November
December 9, 2024J D Factors provided $18,300,000 in new factoring facilities to 45 new clients in the US and Canada during the month of November.
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J D Factors Provides $18,300,000 in new Factoring Facilities to 45 new Clients in November
December 9, 2024J D Factors provided $18,300,000 in new factoring facilities to 45 new clients in the US and Canada during the month of November.
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J D Factors Provides $18,300,000 in new Factoring Facilities to 45 new Clients in November
December 9, 2024J D Factors provided $18,300,000 in new factoring facilities to 45 new clients in the US and Canada during the month of November.
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J D Factors Provides $18,300,000 in new Factoring Facilities to 45 new Clients in November
December 9, 2024J D Factors provided $18,300,000 in new factoring facilities to 45 new clients in the US and Canada during the month of November.
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J D Factors Provides $18,300,000 in new Factoring Facilities to 45 new Clients in November
December 9, 2024J D Factors provided $18,300,000 in new factoring facilities to 45 new clients in the US and Canada during the month of November.
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