TSL Express Daily Articles & News
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Legislative Alert: SFNet Succeeds in Halting New CA Disclosure Legislation
At a session of the California State Legislature, Senate Bill 869, which would have introduced new, additional disclosure requirements related to APR and subjected asset based lenders and factors to penalties for non-compliance, did not move out of the Senate Appropriations Committee.
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Staffing: An Industry with Many Facets
In May of 2022, when the author became CEO of Access Capital, the Company already had a long history of being a leading non-bank lender to the staffing industry. In this article, written with the help of Raphael Torres, head of business development, and Jessica Sanchez, director of marketing, Terry Keating will share some thoughts about the industry that he has learned through his journey over the past 18 months.
TSL Express Daily Headlines & News
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Chicago Atlantic Provides Term Loan to One of World’s Largest Cloud-Based In-Store Clienteling Software Providers
November 25, 2024Chicago Atlantic Admin, LLC (“Chicago Atlantic”) announced that it acted as administrative agent on the funding of a senior secured term loan for Tulip.IO Inc. (“Tulip”), one of the largest cloud-based clienteling and mobile point of sale providers, which helps iconic retail brands realize the full potential of omnichannel commerce.
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Neon Closes New $200 Million Credit Facility Led by Comerica Bank
November 25, 2024Oscar-winning indie studio Neon has secured a new $200 million credit facility, flushing the company with cash for operations and growth.
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Atome Financial Lands $200m Credit Facility led by HSBC
November 25, 2024Atome Financial, a subsidiary of Singapore-based AI-driven technology company Advance Intelligence Group, has bagged a syndicated credit facility of “up to $200 million”.
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J.S. Held Adds Proprietary Asset Tracing Expertise to Strengthen Family Law Practice
November 25, 2024Global consulting firm J.S. Held, proudly celebrating 50 transformative years, acquires substantially all of the assets of Luttrell Wegis, a highly specialized forensic accounting and business valuation firm serving clients throughout California and surrounding states.
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S&P Global Market Intelligence's Big Picture M&A Report Examines the Drivers that Can Set the Pace for the Recovery in Dealmaking
November 25, 2024S&P Global Market Intelligence has released an analysis examining the key strategic trends and opportunities that are expected to drive the M&A narrative through 2025. The newly published report, M&A Outlook: Bright spots, shadows on dealmaking horizon, is part of S&P Global Market Intelligence's Big Picture 2025 Outlook Report Series.
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nFusion Capital Provides $2.5 Million Line of Credit Kitu Life, Inc.
November 25, 2024nFusion Capital announced it provided $2.5 million asset-based line of credit Kitu Life, Inc. Kitu Life, Inc., also known as Super Coffee, was founded in 2016 by three brothers in their dorm room, inspired to create a healthy coffee drink with real ingredients and no sugar or artificial additives.
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PlainsCapital Bank Welcomes Jorge Vernaza
November 25, 2024PlainsCapital Bank is pleased to announce that Jorge Vernaza has joined its Houston lending team as Senior Vice President, Senior Commercial Loan Officer. He will be based at the Bank’s Richmond Avenue location at 2925 Richmond Avenue, Suite 100
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Gateway Trade Funding Completes 17 Stretch Finance Transactions Totaling Almost $5,000,000
November 25, 2024
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Gateway Trade Funding Completes 17 Stretch Finance Transactions Totaling Almost $5,000,000
November 25, 2024
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Gateway Trade Funding Completes 17 Stretch Finance Transactions Totaling Almost $5,000,000
November 25, 2024
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Gateway Trade Funding Completes 17 Stretch Finance Transactions Totaling Almost $5,000,000
November 25, 2024
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Gateway Trade Funding Completes 17 Stretch Finance Transactions Totaling Almost $5,000,000
November 25, 2024Gateway Trade Funding, a PO and Stretch Financing company, is pleased to announce that we have recently completed the following stretch finance transactions a $300,000 facility to a US oil and gas equipment company selling to US corporations and $750,000 facility to a US supplier of laboratory solutions selling to US corporations.
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Gateway Trade Funding Completes 17 Stretch Finance Transactions Totaling Almost $5,000,000
November 25, 2024Gateway Trade Funding, a PO and Stretch Financing company, is pleased to announce that we have recently completed the following stretch finance transactions a $300,000 facility to a US oil and gas equipment company selling to US corporations and $750,000 facility to a US supplier of laboratory solutions selling to US corporations.
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Gateway Trade Funding Completes 17 Stretch Finance Transactions Totaling Almost $5,000,000
November 25, 2024Gateway Trade Funding, a PO and Stretch Financing company, is pleased to announce that we have recently completed the following stretch finance transactions: a $300,000 facility to a US oil and gas equipment company selling to US corporations and $750,000 facility to a US supplier of laboratory solutions selling to US corporations.
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Rosenthal Closes Pair of Transactions Totaling $5 Million
November 25, 2024Rosenthal & Rosenthal, Inc., the leading private commercial finance firm in the United States, today announced the completion of an asset-based lending transaction and a factoring transaction totaling $5 million.
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Regulators Hit Pause Button on Basel III Endgame
November 25, 2024Federal regulators have announced a pause on major regulatory actions, including the Basel III Endgame proposal, until President-elect Trump takes office in 2025. During a House Financial Services Committee hearing on November 20, Federal Reserve Vice Chair Michael Barr confirmed that the central bank will not proceed with Basel III Endgame, the long-term debt proposal, or bank liquidity rules during the remainder of the current administration.
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eCapital Delivers $45 Million ABL Solution to Propel Growth for Texas Energy Services Firm
November 25, 2024eCapital Corp. (“eCapital”), a leading tech-enabled finance provider specializing in tailored solutions for businesses across North America and the United Kingdom, has secured a $45 million asset-based lending (ABL) facility for a privately held energy services company based in Texas.
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CohnReznick Garners Three Top Workplace Awards
November 25, 2024CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, has, for a third consecutive year, earned certification as a Great Place to Work® (GPTW). This resulted in CohnReznick also being ranked among Fortune’s Best Workplaces in Consulting & Professional Services and Best Workplaces for Women for 2024.
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Gordon Brothers Offering for Sale by Private Treaty Workboat A.M.S. Swissco and Barge A.M.S. 1806
November 25, 2024Gordon Brothers, the global asset experts, is offering for sale by private treaty two commercial vessels, the A.M.S. Swissco and A.M.S. 1806, presenting a unique opportunity for buyers seeking versatile, robust assets suitable for a range of maritime applications.
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Preeminent Restructuring Partners to Join Latham & Watkins in New York
November 25, 2024The addition of four highly accomplished partners, who have advised clients at the center of the most complex and consequential restructuring matters in the United States, will further strengthen and expand Latham’s market-leading restructuring practice.
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