- SouthStar Capital Provides $5 Million Accounts Receivable Financing Facility for a Growing Commercial Construction Company
- News Detail Share Test
- Republic Business Credit Supports Growth of Emerging Footwear Manufacturer with a $750,000 Factoring Facility
- Justin Rutledge Joins First Horizon Bank as Charlotte Market President
- News Detail
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
Today's Top Story
Featured
CIT Northbridge Credit Provides $40 Million Credit Facility for Tronair
First Citizens Bank today announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, has provided $40 million in financing for Tronair, a leader in the manufacturing of ground support equipment, aftermarket replacement parts and services for the global aviation market.
TSL Express Trending Story
Featured
The Secured Finance Foundation: Helping to Advance the Future of Secured Finance
The Secured Finance Foundation’s Corporate Giving Campaign, created to help prepare the next generation of leaders, provide essential data that drives smart business decisions, and invest in the communities of which our members are a part, will conclude on September 30.
As the secured finance industry continually grows and evolves, it takes knowledge, effort, and financial support for the Secured Finance Foundation (SFFound) to keep up with these changes and fulfill its mission. The Secured Finance Foundation encourages, facilitates, and supports education, innovation, and charitable works for the betterment of organizations and professionals who deliver and enable secured finance— and for the communities of which they are a part. Since it was founded 31 years ago, the Foundation has raised approximately $9.5 million to date.
As the secured finance industry continually grows and evolves, it takes knowledge, effort, and financial support for the Secured Finance Foundation (SFFound) to keep up with these changes and fulfill its mission. The Secured Finance Foundation encourages, facilitates, and supports education, innovation, and charitable works for the betterment of organizations and professionals who deliver and enable secured finance— and for the communities of which they are a part. Since it was founded 31 years ago, the Foundation has raised approximately $9.5 million to date.
TSL Express Daily Headlines & News
-
PKF Clear Thinking Awarded 'Section 363 Sale of the Year' by 18th Annual Turnaround Awards
April 2, 2024PKF Clear Thinking, the award-winning business advisory firm and subsidiary of PKF O'Connor Davies, one of the nation's largest accounting, tax and advisory practices, is proud to announce that it has been awarded the "Section 363 Sale of the Year ($50MM to $100MM)" by the 18th Annual Turnaround Awards for its contribution to the sale of Rockport to Authentic Brands Group.
-
Pathward Lends $8 Million to Broadcast Transmitter Manufacturer
April 2, 2024The Commercial Finance division of Pathward®, N.A., today announced an $8 million asset-based line of credit facility to a broadcast transmitter manufacturer in the Midwest. The financing provides the company with the funding to improve its working capital position.
-
Pathward Lends $4 Million to Logistics Company in Wisconsin
April 2, 2024The Commercial Finance division of Pathward®, N.A., today announced a $4 million asset-based line of credit facility to a Wisconsin-based company. Formerly a trucking company, the financing provides funding for the business to evolve into a full-service logistics outfit.
-
Pathward Lends $15 Million to LED Manufacturer to Accommodate Growth, Replace Existing Line of Credit
April 2, 2024The Commercial Finance division of Pathward®, N.A., today announced a $15 million asset-based line of credit facility to an LED lighting, headrest, and counterweight manufacturer company in Michigan.
-
Aurous Provides Funding for Sports Apparel Industry Client
April 2, 2024Aurous was presented a client in the sports apparel industry with an existing inventory and factoring agreement in place. The inventory lender signaled a desire to categorically exit the apparel space, and requested the client find an alternative financing solution.
-
Durkin Group, a Gordon Brothers Company, Expands Field Exam Services with GB4 Group
April 2, 2024The professional services firm Durkin Group, a Gordon Brothers company, has expanded its field examination services with GB4 Group to serve a broader range of clients.
-
CapitalPlus Financial Services Facilitates a $1.25M Funding for a Reno-based Finishing Contractor
April 2, 2024CapitalPlus Financial Services, a leading provider of receivables financing for the construction industry, is pleased to announce the successful funding of a $1.25 million working capital facility for a finishing contractor based in Reno Nevada.
-
SLR Healthcare ABL Provides Financing to a Medical Device Company
April 2, 2024SLR Healthcare ABL has provided financing for a $15MM asset-based revolving credit facility for a commercial stage medical device company in the pain management space (“Company”).
-
Flatbay Capital 5 Year Anniversary Proudest Moments
April 2, 2024Flatbay Capital was founded in 2019 with the goal of supporting business owners with their commercial real estate financing needs. Based in Houston, Texas, they are a nationwide non-bank lender focusing on owner-occupied commercial real estate loans. Flatbay Capital believes it’s important to understand where clients have been, where they are now, and where they are headed.
-
Acorda Therapeutics and Merz Announce Signing of “Stalking Horse” Asset Purchase Agreement
April 2, 2024Acorda Therapeutics, Inc. (Nasdaq: ACOR) (“Acorda” or “the Company”) today announced that it has entered into an asset purchase agreement with Merz Therapeutics to purchase substantially all of the assets of Acorda, including the rights to INBRIJA, AMPYRA, and FAMPYRA for $185 million. Merz Therapeutics, a leader in the field of neurotoxins, is a business of the global family-owned company Merz, headquartered in Frankfurt am Main, Germany.
-
PREIT Completes Financial Restructuring and Implements Changes to Management and Board
April 2, 2024PREIT Realty, LLC ("PREIT"), a leading owner and operator of retail real estate located in the eastern half of the United States, announced today that it has successfully concluded its financial and corporate restructuring and emerged from bankruptcy through an expedited process. The reorganization sets up PREIT with a stronger and leaner balance sheet.
-
Shoes For Crews Undergoes Restructuring For Sale Process
April 2, 2024The U.S.-based entities of slip-resistant footwear company Shoes for Crews has filed voluntary petitions for Chapter 11 relief in the United States Bankruptcy Court for the District of Delaware in an effort to undergo a sale of its business.
-
Old National Announces Completion of Merger with CapStar
April 2, 2024Old National Bancorp (“Old National”) today announced the closing of its previously-announced merger with Nashville-based CapStar Financial Holdings, Inc. (“CapStar”), the holding company for CapStar Bank, as of April 1.
-
CPS Announces Renewal of $200 Million Credit Facility
April 2, 2024Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) today announced that on March 29, 2024, it renewed its two-year revolving credit agreement with Ares Agent Services, L.P.
-
Abacus Finance Provides Senior Debt Financing to Support the Acquisition of Kingston Brass by LongueVue Capital
April 2, 2024Abacus Finance Group, LLC – a leading provider of cash flow-based, classic senior debt for sponsor-led buyouts of lower middle-market companies – today announced that it served as Administrative Agent and Sole Lender for senior secured credit facilities to support the acquisition of Kingston Brass by LongueVue Capital.
-
Wintrust Receivables Finance Announces $4.75M Line of Credit for Pet Food and Products Manufacturer and Distributor
April 2, 2024Wintrust Receivables Finance is pleased to announce the closing of a $4,750,000 line of credit to a Southeast-based manufacturer and distributor of natural pet food. In addition to pet food, the company also has a broad portfolio of pet and wellness products for dogs and cats including treats, dental chews, and supplements.
-
Boardwalktech Secures $4.0 Million Line of Credit Facility
April 1, 2024Boardwalktech Software Corp ("Boardwalktech" or the "Company"), a leading digital ledger platform and enterprise software solutions company, is pleased to announce that as of March 28, 2024, the Company has secured a three-year $US4.0 million Line-of-Credit ("LOC") facility with Celtic Bank, for growth needs including expansion of its recurring revenue.
-
36th Street Closes $30 Million Funding for Personal Care Products Manufacturer
April 1, 202436th Street Capital announced it recently served as lessor of record and servicer for a $30 million equipment financing of manufacturing equipment dedicated to the manufacturing and production of personal care, first aid, and household products. 36th Street funded $10 million for its own account, with other financial institutions rounding out the transaction.
-
CSG Law Welcomes Sol W. Bernstein to the Corporate & Securities Group
April 1, 2024Chiesa Shahinian & Giantomasi PC (CSG Law) is pleased to announce that Sol W. Bernstein has joined the firm as Of Counsel with the Corporate & Securities Group and the Banking & Finance Team.
-
Encina Private Credit Expands Business Development Team with the Hiring of Industry Veterans, Mark Patchell and Brian Tammaro
April 1, 2024Encina Private Credit (“EPC”) is pleased to announce two key new senior hires to the originations team to expand the platform’s business development efforts. Mark Patchell joined EPC as Senior Managing Director, and Brian Tammaro was added as Managing Director.
The Secured Lender
SFNet's The 81st Annual Convention Issue
.jpg?sfvrsn=f1093d2a_0 "#3 -_ 1 (1)")
© 2025 Secured Finance Network
