- QuickLogic Establishes New Banking Relationship and Secures $10 Million Revolving Credit Facility
- Rep. Kim Questions BPI's Baer on ABL Risk Differentiation in Basel III Reproposal and Urges Tweaks to Basel Proposal
- TSL Feature Articles
- Trinity Capital Receives SBIC License from US SBA
- GACC Appoints Mirko Andric as Managing Director
TSL Express Daily Articles & News
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SFNet 2023 Market Sizing Study Documents a Mammoth-Sized $4.866-Trillion U.S. Secured Finance Market
The Secured Finance Network’s (SFNet) new Secured Finance Market Sizing and Impact Study reports that the total secured financing volume of transaction flows to U.S. commercial businesses in 2022 was nearly $4.9 trillion. In other words, the scope of this market, which comprises seven major financing categories, “underpins, either directly or indirectly, over one-fifth of…the transaction volumes that make up the $23 trillion in U.S. Gross Domestic Product (GDP),” according to the study.
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Too Little. Too Late. Too Much. Inventory Management Amid Ongoing Supply Chain Disruption
As recent years have demonstrated, a variety of events, from a once-in-a-lifetime worldwide health crisis like a pandemic to a regional conflict like the Russian invasion of Ukraine to long-planned political changes such as Brexit, can easily interrupt global supply chains. These recent events resulted in three phases of supply chain disruptions.
TSL Express Daily Headlines & News
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Comvest Credit Partners Provides $70 Million Senior Credit Facility to Nationwide Energy Partners to Support Growth Strategy
May 7, 2024Comvest Credit Partners (“Comvest”), a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it is acting as Administrative Agent and is the Sole Lender on a $70 million senior secured credit facility (the “Financing”) for Nationwide Energy Partners (“NEP”, or the “Company”), an Ohio-based provider of utility management services to the multifamily market.
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Jeeves Secures USD$75 Million Financing to Expand Latin America Footprint, Including Launch of Jeeves Pay Credit in Brazil
May 7, 2024Jeeves, the premier B2B payments and corporate card platform for businesses in Latin America, has closed a $75 million (USD) credit facility with Community Investment Management ("CIM"), a prominent global impact focused investment manager actively investing in Latin America. In addition to supporting the company's rapid scaling, this financing will enhance Jeeves' financial product suite in its primary Latin American markets - Brazil, Colombia, and Mexico.
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Republic Business Credit Continues Growth Trajectory with Addition of Danielle Wright-Madison as VP, Underwriting
May 7, 2024When Republic Business Credit saw an opportunity to add an experienced finance expert to their team in New Orleans, they jumped at the chance. Danielle Wright-Madison, who began her career as a financial analyst and most recently served as a field exam manager for a major national banking institution, is among the new hires at Republic’s NOLA headquarters.
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Republic Business Credit Adds Katherine Hebert Seghers as VP, Senior Accountant in New Orleans
May 7, 2024Republic Business Credit continued its national growth trajectory with a new addition at the company’s home office in New Orleans. Katherine Hebert Seghers, an experienced data analyst and financial accounts manager, recently joined the firm as Vice President, Senior Accountant. A graduate of Loyola University New Orleans with an MBA from University of New Orleans,
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Monroe Capital Supports LLR Partners and FTV Capital’s Investment in ParkHub and JustPark Merger
May 7, 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 merger and future growth of ParkHub and JustPark by LLR Partners and FTV Capital.
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Driving Cross-Border Growth: eCapital's Innovative Financing for Legacy Organic Food Brand
May 7, 2024eCapital Corp. (“eCapital”), a leading tech-enabled finance provider specializing in tailored solutions for businesses across North America and the United Kingdom is pleased to announce the recent closure of a $3.5 million confidential factoring facility to a heritage Canadian organic food manufacturer.
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SG Credit Partners Announces A Senior Debt Investment in RéVive Skincare
May 7, 2024SG Credit Partners, through its Consumer Products division, is happy to announce its partnership with RéVive, an established luxury skincare brand using scientifically-proven formulas to deliver transformative results. The senior debt investment will provide for the company’s ongoing growth and continue its mission to provide first-in-class experiences.
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All Assets from Medrobotics’ 40,000-Square-Foot Massachusetts Plant Available in Turnkey Sale
May 7, 2024Tiger Group and Liquidity Services offer IP, surgical robotics systems, lab equipment and other assets from innovative company whose Flex/Flex360 platform has been used in surgical theaters all over the world.
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ABLC Welcomes Jerry M. Klein, CPA as New Senior Field Examiner
May 7, 2024Asset-Based Lending Consultants (ABLC), a global leader in field examinations and ABL consultations, is pleased to announce the appointment of Jerry M. Klein, CPA, as its new Senior Field Examiner.
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Amit Trehan Joins Cahill’s New York Office as a Bankruptcy and Restructuring Partner
May 7, 2024Cahill Gordon & Reindel LLP announced today that Amit Trehan has joined the firm as a partner in New York, strengthening its Bankruptcy & Restructuring practice.
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Peapack Private Hires Jerry Dominguez as Senior Managing Director
May 7, 2024Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack Private, a division of Peapack-Gladstone Bank, are proud to announce that Jerry Dominguez has joined Peapack Private’s New York City location as Senior Managing Director. Jerry is responsible for providing customized commercial banking solutions to a diverse set of businesses to help them achieve their financial goals.
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Trinity Capital Inc. Launches Sponsor Finance Vertical with New Strategic Hires
May 7, 2024Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-oriented companies, today announced the expansion of its business with the addition of a new Sponsor Finance vertical. This strategic expansion naturally extends the Company's established expertise in providing direct lending solutions to sponsor-backed companies across a range of industries.
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Jocelyn Lynch Promoted to Head of Western Alliance Trust Company, N.A.
May 7, 2024Western Alliance Bancorporation today announced the promotion of Jocelyn Lynch to the President and CEO of Western Alliance Trust Company, N.A. Lynch brings tremendous experience to her elevated role, having served previously as Managing Director in the Corporate Trust group at Western Alliance Trust Company, N.A.
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Jared Talisman Joins Colbeck Capital as Managing Director and Head of Originations
May 7, 2024Colbeck Capital Management (“Colbeck”), a leading, middle-market private credit manager focused on strategic lending, today announced that Jared Talisman has joined the firm as a Managing Director and Head of Originations. Mr. Talisman most recently served as a Managing Director at Principal Alternative Credit, where he led and managed the sourcing, structuring, and due diligence of non-sponsored private credit investments.
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PNC, TCW Partner To Expand Capabilities, Create Private Credit Platform
May 7, 2024The PNC Financial Services Group, Inc. ("PNC"), one of the largest diversified financial institutions in the U.S., and the TCW Group, Inc. ("TCW"), a leading global asset manager, today announced they are partnering to deliver private credit solutions to middle market companies.
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Genesis Energy, L.P. Announces Public Offering of Senior Notes
May 6, 2024Genesis Energy, L.P. (NYSE: GEL) today announced the commencement, subject to market and other conditions, of a registered, underwritten public offering of $500,000,000 in aggregate principal amount of senior unsecured notes due 2032 (the “notes”).
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Uniti Group Inc. Announces Private Offering of Senior Secured Notes
May 6, 2024Uniti Group Inc. (the “Company,” “Uniti,” or “we”) (Nasdaq: UNIT) today announced that its subsidiaries, Uniti Group LP, Uniti Fiber Holdings Inc., Uniti Group Finance 2019 Inc. and CSL Capital, LLC (together, the “issuers”), announced today the planned offering, subject to market and other conditions, of $300 million aggregate principal amount of 10.50% Senior Secured Notes due 2028 (the “notes”).
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Scout Clean Energy Closes $100 Million Equipment Supply Loan
May 6, 2024Scout Clean Energy, a Colorado-based renewable energy developer, owner, and operator, is pleased to announce the closing of a $100 million equipment supply loan (ESL) with Rabobank.
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FGI T.R.U.S.T.™ and Validis to Partner
May 6, 2024FGI Worldwide LLC (“FGI”), a global leader in commercial finance, and Validis, the open accounting API, have partnered to integrate their respective credit management and data extraction platforms.
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BizCap® Fuels Quady Winery's Growth with $17MM Financing Package
May 6, 2024BizCap®, a commercial finance firm established in 2002, is proud to announce its successful collaboration with Quady Winery, a family-owned operation in Central Valley, CA, renowned for affordable Muscat grape-based fortified and sweet wines that are sold throughout the U.S. Among
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