- Gateway Trade Funding Provides More Than $3.4 Million in Stretch Finance Facilities Across North America in Just 10 Days
- The Hedaya Capital Group Powers Client Growth With $33 Million in 2026 Factoring and Inventory Financing Facilities
- 36th Street Capital Welcomes Stewart Jones as SVP of Credit & Risk Management
- Gateway Trade Funding Provides More Than $3.4 Million in Stretch Finance Facilities Across North America in Just 10 Days
- Baker Garrington Announces Three Recent Deals
TSL Express Daily Articles & News
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Featured
Huntington Business Credit Adds Asset-based Lending Team for Healthcare Finance
Huntington National Bank has expanded its Huntington Business Credit team with the addition of a Washington, D.C.-based group focused on asset-based lending in the healthcare industry. The new team, which will serve asset-based lending needs for middle market healthcare clients across the U.S., consists of five healthcare-finance industry veterans who recently joined Huntington from Sector Financial.
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Featured
Unleashing the Power of AI in the Secured Finance Industry: A Journey into Change and Evolution
Change is the great shapeshifter of existence. It is the unseen artist who paints the landscape of our lives with broad strokes of innovation and evolution. In the world of secured finance, change is manifesting through a potent and promising medium—Artificial Intelligence (AI). One particular AI innovation, OpenAI’s ChatGPT, is at the frontier of this change, offering a path filled with opportunities and potential challenges.
TSL Express Daily Headlines & News
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SouthStar Capital Provides $4 Million Invoice Factoring Facility to Boost Second-Generation Manufacturing Company
November 26, 2024SouthStar Capital is proud to announce the provision of a $4 million Accounts Receivable (A/R) facility to a second-generation, family-run manufacturing company that serves industries such as aggregate, sawmill, and asphalt since the 1980s, the company has built a strong reputation for reliability and innovation.
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Practice Better Secures US$13 Million in Growth Capital from CIBC Innovation Banking to Accelerate Expansion of Holistic Health Practice Management Solution
November 26, 2024CIBC Innovation Banking today announced a US$13 million growth capital facility for Practice Better, a leading all-in-one practice management software platform serving health and wellness professionals. The investment will support Practice Better's continued expansion into new markets and accelerate product innovation empowering health and wellness professionals to reach millions of clients.
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Hedaya Capital Powers Wholesale Manufacturer's Growth
November 26, 2024The Hedaya Capital Group recently provided a $5 Million factoring/inventory financing facility to a New York-based wholesale manufacturer of licensed electronic and novelty products in a hypergrowth phase
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Adam Hoffman Joins Webster as Head of Treasury Management
November 26, 2024Webster Bank is pleased to announce that Adam Hoffman has joined Webster as executive managing director, Head of Treasury Management. Hoffman is responsible for leading all facets of Treasury Management and Commercial Card, including Sales, Client Delivery and Product Management.
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US Revolvers Show Elevated Utilization, Solid Bankruptcy Recoveries
November 26, 2024Revolving credit facilities continue to show strong bankruptcy recoveries and offer the highest likelihood of recovery among the various types of rated first-lien debt, according to a new report from Fitch Ratings.
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WesBanco Inc. Names Jan Pattishall-Krupinski as Chief Administrative Officer
November 26, 2024WesBanco, Inc. (Nasdaq: WSBC), a diversified, multi-state bank holding company, announced today the appointment of Jan Pattishall-Krupinski to the role of Senior Executive Vice President and Chief Administrative Officer, effective immediately. This strategic move underscores the organization's commitment to advancing its leadership structure to support sustainable long-term growth and align with evolving business and stakeholder needs.
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Maritime Partners Announces First-Of-Its-Kind $750 Million Deferred Draw Warehouse Financing
November 26, 2024Maritime Partners, LLC ("Maritime Partners") has announced the successful closing of a $750 million, first-of-its-kind warehouse facility, which will be collateralized by three wholly owned business lines within one of its managed funds with a syndicate of lenders led by ATLAS SP Partners ("ATLAS").
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Monroe Capital Supports Zenyth Partners’ Helping Hands Family
November 26, 2024Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Mission Autism Clinics (“MAC”) by Helping Hands Family, an existing portfolio company of Zenyth Partners.
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EQT Announces $3.5 Billion Midstream Joint Venture with Blackstone Credit & Insurance
November 26, 2024EQT Corporation (NYSE: EQT) announced today that it has entered into a definitive agreement with funds managed by Blackstone Credit & Insurance ("BXCI"), to form a new midstream joint venture (the "JV") consisting of EQT's ownership interest in high quality contracted infrastructure assets: (i) Mountain Valley Pipeline, LLC – Series A, (ii) FERC regulated transmission and storage assets, and (iii) the Hammerhead Pipeline.(1)
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MoneyLion Announces Successful Completion of Senior Debt Refinancing
November 26, 2024MoneyLion Inc. (“MoneyLion” or the “Company”) (NYSE: ML), a digital ecosystem for consumer finance that empowers everyone to make their best financial decisions, today announced that it has successfully closed a $70 million loan facility with Silicon Valley Bank, a division of First-Citizens Bank & Trust Company (“SVB”), to refinance MoneyLion’s existing senior debt and lower its cost of capital.
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Cerebro Capital Facilitates Over $90MM in Financings for 10 Companies
November 25, 2024
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Cerebro Capital Facilitates Over $90MM in Financings for 10 Companies
November 25, 2024
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Cerebro Capital Facilitates Over $90MM in Financings for 10 Companies
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, 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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