- Budderfly Expands Debt Facility to $550 Million to Scale its Energy as a Service Platform
- Eversheds Sutherland Continues to Build Momentum in Texas with Addition of Three Houston Partners
- U.S. Bancorp Announces Leadership Changes in Its Operations Function
- News Detail Share Test
- Frezza Joins CohnReznick as Restructuring and Dispute Resolution Managing Director
TSL Express Daily Articles & News
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Today's Top Story
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Siena Lending Group Appoints Jim Doyle as Managing Director - Originations
Siena Lending Group LLC (“Siena”) a leading provider of asset-based lending solutions, is pleased to announce that Jim Doyle has joined Siena Lending Group as Managing Director – Originations. In his new role, Doyle will be responsible for originating, structuring, and funding asset-based financing solutions with commitment amounts ranging from $20 to $250 million for companies in the Midwestern United States.
TSL Express Trending Story
Featured
The Mirage of Gross Receivables in Lender Finance
Picture this: A lender extends a $70mm “lender finance” revolving loan facility to a factoring company. Availability under the facility is governed by a borrowing base, calculated generally as 75% of eligible receivables. The eligibility criteria include the standard and customary exclusions and limitations. But that is not the issue here. The issue here concerns a much simpler, yet more fundamental, question: What is the “receivable” that is used to build the borrowing base in the first instance?
TSL Express Daily Headlines & News
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GACC™ Appoints Jared Price as Director, Further Expanding Leadership Team
March 30, 2026GACC™, GA Group's asset-centric lending platform, is pleased to welcome Jared Price as Director. In this role, Jared will oversee underwriting, credit risk, and portfolio management, strengthening the firm's core operational capabilities in providing flexible capital solutions to mid-market companies.
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Barnes & Thornburg Adds Private Funds Tax Partner Philip Cooke in NYC
March 30, 2026Barnes & Thornburg continues its strategic corporate practice expansion with the addition of New York-based Philip Cooke in the Tax practice. Cooke’s move follows the addition of six other corporate partners this year in Atlanta, Chicago, Dallas, Los Angeles and New York.
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Alpine Ridge Funding Announces New Executive Hire
March 30, 2026Alpine Ridge Funding (“Alpine”), an accounts receivable commercial finance company, announces the hiring of Cheryl Hollingshead. Cheryl is a seasoned industry veteran in the factoring and asset-based lending market with over 25 years of experience delivering customized working capital solutions to businesses nationwide.
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Wingspire Capital Provides Credit Facility to Industrial Supplier
March 30, 2026Wingspire Capital provided a first out senior secured credit facility to a borrower that offers industrial fastening, packaging, labeling and coding solutions to manufacturing and distribution customers across the country.
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Jushi Holdings Inc. Refinances Former 1st Lien Credit Facility and Former 2nd Lien Credit Facility with US$160 Million Non-Dilutive Debt Financing
March 30, 2026Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator, announced that it has completed the refinancing (the “Refinancing”) of its former senior secured credit facility (the “Former 1st Lien Credit Facility”) and its former second lien credit facility (the “Former 2nd Lien Credit Facility”) through the issuance of a $160 million senior secured term loan (the “Term Loan”) with funds managed by FocusGrowth Asset Management, along with other members of a loan syndicate. FG Agency Lending LLC, a subsidiary of FocusGrowth Asset Management, acted as administrative agent for the Term Loan.
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Trinity Capital Provides $50 Million in Growth Capital to Sage Health to Expand Senior-Focused Primary Care Wellness Centers
March 30, 2026Trinity Capital Inc. (Nasdaq: TRIN) (the "Company"), a leading international alternative asset manager, today announced the commitment of $50 million in growth capital to Sage Health ("Sage"), a full-risk primary care and wellness provider serving Medicare-eligible seniors.
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JPalmer Collective Brings on Ellie Jester as Chief of Staff
March 30, 2026JPalmer Collective (JPC), an asset-based lending firm focused on funding high-growth, women-led, and natural products companies, today announced the appointment of Ellie Jester as Chief of Staff. Jester joins JPC at a time of continued growth, as the firm builds out its team and deepens its focus on delivering relationship-driven capital to its partners.
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eCapital Appoints Richard Tong as Chief Legal Officer
March 30, 2026eCapital Corp. (“eCapital”), a leading tech-enabled specialty finance provider for businesses across North America and the United Kingdom, today announced the appointment of Richard Tong as Chief Legal Officer. Tong will join eCapital’s senior leadership group, reporting directly to Marius Silvasan, Chief Executive Officer, and will oversee the company’s global legal operations.
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JPalmer Collective Expands Team with Jonathan Joubran in Business Development Officer Role
March 27, 2026JPalmer Collective (JPC), an asset-based lending firm focused on funding high-growth, women-led, and natural products companies, today announced the appointment of Jonathan Joubran as business development officer. Joubran will be instrumental in connecting growth-stage brands with tailored financing solutions and strengthening client partnerships.
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Callodine Specialty Income Fund Adds Entertainment Lending and Aviation Finance Strategies
March 27, 2026Callodine Group (“Callodine” or the “Company”) is pleased to announce the addition of Corrum Capital Management (“Corrum Capital”) as a sub-advisor to the Callodine Specialty Income Fund (“CALIX” or the “Fund”), Callodine’s multi-strategy interval fund.
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Luke Joyner Joins Rosenthal Capital Group as a Senior Business Development Officer Based In Charlotte
March 27, 2026Rosenthal Capital Group (RCG), the leading private commercial finance firm in the United States, today announced that Luke Joyner has joined as a Senior Business Development Officer based in Charlotte.
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U.S. Bancorp Announces Leadership Changes in Its Operations Function
March 27, 2026U.S. Bancorp (NYSE: USB), parent company of U.S. Bank, announced today that Toby Clements will become its new senior executive vice president and chief operations officer. In this role, Clements will oversee the company’s client service centers and global operations teams, leading more than 16,000 employees. He will report directly to U.S. Bancorp Chief Executive Officer Gunjan Kedia effective April 13.
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Crosby Enterprises, LLC Announces Voluntary Chapter 11 Filings to Facilitate Financial Restructuring for Three Subsidiaries
March 26, 2026Today, Crosby Enterprises, LLC (the "Company") announced that the Company filed chapter 11 cases for several of its subsidiary/affiliate units, Crosby Tugs, L.L.C., Crosby Dredging, L.L.C. and Crosby Marine Transportation, L.L.C., in the U.S. Bankruptcy Court for the Eastern District of Louisiana on March 23, 2026.
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Corus Entertainment Receives Court Order to Proceed With Recapitalization Transaction Via CBCA
March 26, 2026Corus Entertainment Inc. (“Corus” or the “Company“) (TSX: CJR.B) announced today that it has received an order from the Ontario Superior Court of Justice (Commercial List) to proceed with its previously announced recapitalization transaction (the “Recapitalization Transaction“), pursuant to a plan of arrangement under the Canada Business Corporations Act.
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Versant Funds $1.4 Million Non-Recourse Factoring Facility to Manufacturer
March 26, 2026Versant Funding LLC is pleased to announce that it has funded a $1.4 million non-recourse factoring facility to a manufacturer of equipment used by global auto companies.
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Gordon Brothers Expands Broyhill with Three New Licensees
March 26, 2026Gordon Brothers, the global asset experts, announced the expansion of Broyhill with three new licensees—Living Style, Bedding Industries of America and Town & Country Living—as part of the firm’s revitalization of the American heritage furniture brand.
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MONTICELLOAM, LLC Finances $84MM For New York Skilled Nursing Facility
March 26, 2026MONTICELLOAM, LLC (“MONTICELLOAM”), a specialized seniors housing and multifamily bridge lending platform, along with firm affiliates, provided $84,000,000 in combined bridge and working capital financing to a skilled nursing facility in New York City.
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KBRA Analytics Launches Private Credit Benchmarking on Credit Intelligence Platform
March 26, 2026KBRA Analytics, a leading provider of data, financial information, and credit analysis solutions, today announced the launch of Private Credit Benchmarking on its Credit Intelligence platform, delivering the market’s first borrower-level benchmarking solution built entirely on analyst-adjusted financial data.
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Budderfly Expands Debt Facility to $550 Million to Scale its Energy as a Service Platform
March 26, 2026Budderfly, one of the fastest growing energy companies in the U.S., today announced it has expanded its debt facility to $550 million to support continued growth of its Energy-as-a-Service (EaaS) platform. The facility includes a new $250 million upsizing led by Global Infrastructure Partners (GIP), a part of BlackRock, with participation from existing lender, Vantage Infrastructure.
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First Horizon Bank Welcomes Meghan Donelon as Commercial Banking Group Manager in New Orleans
March 26, 2026First Horizon Bank (NYSE: FHN) is pleased to announce that Meghan Donelon has rejoined its New Orleans Commercial Banking team as a Commercial Banking Group Manager, bringing extensive leadership experience and strong community connections to the organization.
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