TSL Express Daily Articles & News
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United Community Bank’s ABL Division Announces over $200 Million in New Closings
United Community Bank’s ABL division is pleased to announce recent closings totaling over $200 million. Some of the highlights among these new ABL lines of credits and term loans include:
- $28 million line of credit and $10 million term loan for a lubricants distributor
- $20 million line of credit for an IT staffing company
- $20 million participation in a line of credit for a security services staffing company
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What the Rescission of the 2013 Leveraged Lending Guidance Means
In December 2025, the Office of the Comptroller of the Currency and the FDIC withdrew the Leveraged Lending Guidance dating back to 2013. This withdrawal is a potentially significant event for banks, borrowers, and the broader credit markets. In this article, Elliot Ganz, LSTA’s head of advocacy, and Tess Virmani, LSTA’s EVP, deputy general counsel and head of Policy, discuss the background on the original guidance and the rationale for the withdrawal. They also discuss how the new principles-based supervision may reshape leveraged lending going forward.
TSL Express Daily Headlines & News
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Squire Patton Boggs Expands Private Equity Capabilities with Washington DC Corporate Partner
February 3, 2026Global law firm Squire Patton Boggs is pleased to announce the addition of partner Cedric Powell to its Global Corporate Practice in Washington, DC. He joins from Sheppard Mullin Richter & Hampton LLP.
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JPalmer Collective Provides $3 Million In Working Capital To Kiala Nutrition
February 3, 2026JPalmer Collective (JPC), an asset-based lending firm dedicated to supporting high-growth, women-led and natural products companies, today announced the closing of a $3 million working capital facility for Kiala Nutrition, a science-backed wellness brand redefining daily nutrition through powerful superfood formulations.
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Huntington Bank Completes Merger with Cadence Bank, Expanding Presence Across Texas and the South
February 3, 2026Huntington Bancshares Incorporated (Nasdaq: HBAN) today announced it has closed its merger with Cadence Bank, a regional bank headquartered in Houston, Texas and Tupelo, Mississippi.
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Western Alliance Bank Expands Note Finance Team in New York With Addition of Market Manager Ian Hawk
February 3, 2026Western Alliance Bank today announced that Ian Hawk has joined the company as New York market manager for the Note Finance Group, expanding the bank’s presence in one of the nation’s most competitive private credit hubs.
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Aequum Capital Promotes Eric Weisheit and Geno Ruggles to Partner
February 3, 2026Aequum Capital Financial LLC ("Aequum Capital"), a leading asset-based and private credit lender today announced the promotion of Eric Weisheit and Geno Ruggles to Partner, effective immediately.
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Trinity Capital Inc. Closes Deal with Motorway, Providing £25m to Fuel Further UK Growth
February 3, 2026Trinity Capital Inc. (Nasdaq: TRIN) (the "Company"), a leading international alternative asset manager, today announced the commitment of £25 million in growth capital to Motorway, one of the UK's leading online used-car marketplaces.
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Carbon Health Files for Chapter 11 Bankruptcy Relief With More than $100M in Debt
February 3, 2026Primary care company Carbon Health filed for Chapter 11 bankruptcy relief in Texas. The company, which offers both in-person care at nearly 100 clinics and virtual care services, said Monday it reached a restructuring agreement with its existing lenders that establishes a "clear path to recapitalization and new ownership.
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TradeCap Partners Provides $9.2 Million Production PO Facility to Food Manufacturer
February 2, 2026TradeCap Partners, LLC (“TradeCap”) recently provided a $9.2 million production PO finance facility for a ready to eat food manufacturer. TradeCap was originally introduced to the company’s banker who was helping the company find an incremental capital solution since the bank wasn’t able to directly help with the size of the company’s immediate funding need.
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Eddie Bauer's Almost 200 North American Stores are at Risk of Closure as its Operator Nears Bankruptcy
February 2, 2026Outdoor apparel chain Eddie Bauer's nearly 200 stores in the United States and Canada may soon be on the chopping block. An entity of retail holding company Catalyst Brands, which owns the license rights to operate Eddie Bauer stores across North America, is prepping a Chapter 11 bankruptcy filing, sources familiar with the situation told Business Insider.
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MidCap Financial Closes a Senior Secured Credit Facility to Agile
February 2, 2026MidCap Financial, a leading commercial finance company focused on middle market transactions, today announced it has provided a senior secured credit facility to Agile Occupational Medicine LLC (“Agile” or the “Company”).
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Marco Sideri Joins CohnReznick as Financial Sponsors Tax Partner
February 2, 2026CohnReznick, a leading professional services firm, announced today that Marco Sideri has joined the firm as a Financial Sponsors Tax Partner in its Boston office. Sideri brings extensive experience advising top-tier private equity firms, venture funds, hedge funds, and other alternative asset managers on complex tax matters and delivering tax co-sourcing and outsourcing solutions for asset and wealth managers.
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Market-Leading Hospitality Team Joins Blank Rome in California, Expanding Coast-to-Coast Capabilities and Global Reach
February 2, 2026Blank Rome LLP is pleased to announce the addition of nationally recognized hospitality lawyers Jim Butler, David Sudeck, Mark Adams, Jeff Myers, and Joe Mellema as partners. The group previously practiced at Jeffer Mangels Butler & Mitchell LLP, where Jim Butler was a founding partner and established and built its market-leading hospitality group, for which he and David most recently served as co-chairs.
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J D Factors Provides $9.9 Million in New Factoring Facilities to 34 New Clients in January
February 2, 2026J D Factors provided $9,975,000 in new factoring facilities to 34 new clients in the US and Canada during the month of January. Some of these facilities include: a $400,000 factoring facility for a transportation company in Illinois.$800,000 factoring facility for a staffing company in Delaware; $150,000 factoring facility for an industrial safety company in Prince Edward Island.
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Barnes & Thornburg Augments Financial Regulatory and Transactions Strengths With Dallas and Los Angeles Partners
February 2, 2026On the heels of New York-based Neil Begley joining its national practice last month, Barnes & Thornburg welcomes corporate partners Katie Mills and Ryan Mitchell, who bring years of dealmaking and financial regulatory experience to the firm’s growing bench.
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Salem Five Bank Extends Senior Credit Facility to Platform Company of Boston-based Inyarek Partners
February 2, 2026Salem Five Bank, a full-service financial services organization with over $8B in assets, today announced that it has provided a senior secured credit facility to Guardian Propane Partners, the propane distribution platform of Inyarek Partners. Inyarek is a Boston-based investment firm specializing in supporting companies in the energy and industrial sectors through their next stage of growth.
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Nine Energy Service Takes Action to Strengthen Capital Structure and Position Company for Future Growth
February 2, 2026Nine Energy Service, Inc. ("Nine"), a leading onshore completion solutions provider, announced today that it has reached an agreement with its debtholders on a comprehensive recapitalization transaction designed to strengthen its capital structure and support the Company's long-term financial health.
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California Bank of Commerce Adds Two Veteran Commercial Bankers to its Northern California Team
February 2, 2026California BanCorp (the “Company”) (Nasdaq: BCAL), the holding company for California Bank of Commerce, N.A. (the “Bank”), announces that the Bank has hired two seasoned commercial bankers to strengthen its presence in its Northern California footprint. Linda Wang has joined our San Jose office, and Angel Herrera has joined our Walnut Creek office. Both will report to Chris Barr, Regional Market President – Northern California.
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Calumet Extends Senior Secured Revolving Credit Facility to January 2031
February 2, 2026Calumet, Inc. (NASDAQ: CLMT) (the "Company" or "Calumet") today announced that it has amended its existing asset-based loan (ABL) facility to extend the maturity date from January 2027 to January 2031. The amended facility provides for total commitments of $500 million, subject to borrowing base limitations, and is led by Bank of America, N.A., as agent for a group of lenders.
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SFNet Introduces Alfred, an AI-Assisted Search Guide to Help Members Unlock SFNet Knowledge
February 2, 2026New AI-assisted website search assistant, Alfred, connects secured finance professionals to SFNet insights, data, programs, and education faster and with greater clarity.
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Claros Mortgage Trust, Inc. Announces $500 Million Secured Term Loan Credit Facility
February 2, 2026Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced the closing of a $500.0 million, four-year secured term loan credit facility provided by investment funds and accounts managed by HPS Investment Partners, LLC (“HPS”). The term loan credit facility has an annual variable rate of SOFR plus 675 basis points and may be prepaid at any time, subject to certain conditions.
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