Renasant Business Credit is pleased to announce four recent fundings, totaling over $44 million. These new Asset-Based Lines of Credit and Term Loans include an $6.25 million Term and Working Capital facility for a machining and supplier of precision machined components, a $8 million Line of Credit for a processor and distributor of frozen seafood, a $25 million Line of Credit to a provider of private lending services on investment real estate, and facility increase from $15 million to $20 million for a fuel distributor which servs the oil and gas industry.

In October, SLR Capital Partners appointed Mac Fowle as president of Asset-Based Lending. In this newly created role, Fowle leads the expansion of SLR's ABL platform by leveraging his more than 20 years of experience in the ABL industry for U.S. middle market borrowers. Fowle reports to Michael Gross and Bruce Spohler, co-founders of SLR, and Cedric Henley, chief risk officer of Specialty Finance. Prior to joining SLR, Fowle served as global head of Asset-Based Lending for J.P. Morgan Commercial Banking, responsible for leading the ABL group and supporting client financing needs for Commercial & Investment Banking clients. 

    Here TSL Express sat down with Mac Fowle and Cedric Henley to discuss the new role and first priorities.