- United Capital Funding Issues $15.45MM in Total Credit Facilities in Q1 2026
- New Era Energy & Digital Closes Multi-Tranche $290 Million Senior Secured Term Loan Credit Facility with Macquarie Group to Finance Texas Critical Data Center Flagship Project
- Mattr Announces Closing of Credit Facility Extension
- TradeCap Partners Provides $4 Million Purchase Order Funding Facility to Support Growth for Northeast Industrial Parts and Materials Distributor
- CPS Announces Credit Facility Capacity Increase
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
Today's Top Story
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MidCap Financial Closes $325mm Senior Revolving Credit Facility to Revlon
MidCap Financial, a leading commercial finance company focused on middle market transactions, today announced it has provided a $325mm senior revolving credit facility to Revlon Intermediate Holdings IV LLC. (“Revlon” or “Company”) in connection with Revlon’s successful emergence from Chapter 11.
TSL Express Trending Story
Featured
Chronic Problems in Cannabis Lending Navigating the Patchwork of Laws, Rulings and Regulations
The only constant in the cannabis industry is change. This article provides an overview of the latest developments and points out that lenders need a deep understanding of the inconsistent patchwork of laws and regulations and the continuing conflict of law between the states and the federal government before entering this space.
TSL Express Daily Headlines & News
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SLR Healthcare ABL Provides $9 Million Asset-Based Revolving Line of Credit to a Nursing Home Operator
April 18, 2024SLR Healthcare ABL (“SLRHC”) is pleased to announce it has provided financing for a $9MM asset-based revolving credit facility to an Illinois based nursing home operator (“Company”). The Company includes four facilities with over 1,100 beds that specialize in short-term rehab, skilled nursing, and physical therapy.
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J D Factors Provided $8,725,000 in new Factoring Facilities to 30 new Clients in March
April 18, 2024J D Factors provided $8,725,000 in new factoring facilities to 30 new clients in the US and Canada during the month of March.
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J D Factors Provided $8,725,000 in new Factoring Facilities to 30 new Clients in March
April 18, 2024J D Factors provided $8,725,000 in new factoring facilities to 30 new clients in the US and Canada during the month of March.
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J D Factors Provided $8,725,000 in new Factoring Facilities to 30 new Clients in March
April 18, 2024J D Factors provided $8,725,000 in new factoring facilities to 30 new clients in the US and Canada during the month of March.
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J D Factors Provided $8,725,000 in new Factoring Facilities to 30 new Clients in March
April 18, 2024J D Factors provided $8,725,000 in new factoring facilities to 30 new clients in the US and Canada during the month of March.
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J D Factors Provided $8,725,000 in new Factoring Facilities to 30 new Clients in March
April 18, 2024J D Factors provided $8,725,000 in new factoring facilities to 30 new clients in the US and Canada during the month of March.
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J D Factors Provided $8,725,000 in new Factoring Facilities to 30 new Clients in March
April 18, 2024J D Factors provided $8,725,000 in new factoring facilities to 30 new clients in the US and Canada during the month of March.
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J D Factors Provided $8,725,000 in new Factoring Facilities to 30 new Clients in March
April 18, 2024J D Factors provided $8,725,000 in new factoring facilities to 30 new clients in the US and Canada during the month of March.
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Victory Park Capital Announces $100 Million Credit Facility for Sétanta Development Capital
April 17, 2024Victory Park Capital (“VPC”), a global alternative investment firm specializing in private credit, today announced that it has closed a $100 million credit facility with Sétanta Development Capital (“Sétanta”), a Charlotte-based residential real estate financing provider. The transaction will support Sétanta’s acquisition and development financing for residential land developers.
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Finova Capital, LLC Closes on a $30 Million Senior Credit Facility
April 17, 2024Finova Capital, LLC recently closed on a senior credit facility with a major specialty lender. The $30 million facility will be used to originate new equipment leases. Bob Neagle, CEO of Finova, noted that the "addition of the new facility will allow us to finance even more equipment for our existing vendor partners, as well as support the growing number of clients added to our family of customers every month."
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Ardagh Group Announces Entry into New Senior Secured Facility
April 17, 2024Ardagh Group S.A. (together with its subsidiaries, "Ardagh") announces that its unrestricted subsidiary, Ardagh Investments Holdings Sarl ("AIHS"), has executed definitive documentation for a new senior secured credit facility with certain investment funds and other entities managed by affiliates of Apollo Capital Management, L.P. (collectively, the "Apollo Investors"). T
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Gordon Brothers Names Joseph Malfitano Global Head Transaction Counsel
April 17, 2024Malfitano leads the firm’s legal team focused on deal structure, risk and strategy across all transactions globally and partners with the business to deliver rapid, customized and integrated solutions to clients.
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King Trade Capital Announces 1st Quarter Growth Exceeding 30% Year over Year
April 17, 2024King Trade Capital the US oldest and largest independent purchase order and non-bank trade finance solutions provider is pleased to announce 1st quarter revenue growth exceeding 30%.
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LSQ Creates $15MM Invoice Finance Facility for Cell Phone Wholesaler
April 17, 2024LSQ, a leading provider of working capital finance and payments solutions, recently originated a $15 million invoice finance facility for a Florida-based distributor of cellular phones and other personal electronic devices.
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Maxim Commercial Capital Reports Strong Loan Volume in Q1 2024
April 17, 2024Maxim Commercial Capital (“Maxim”) announced a strong start to 2024. The hard asset secured lender provided equipment purchase and cash out financings in 31 states during the first quarter of the year. Maxim is a national provider of loans and leases from $10,000 to $3 million collateralized by class 6 and 8 trucks, trailers, heavy equipment, and real estate.
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Aequum Capital Provides $9.1MM in Credit Facilities to a Leading Metal Stamping Company
April 17, 2024Aequum Capital is pleased to announce it recently funded $9,100,000 in credit facilities to a leading regional provider of metal stamping and fabrication solutions. The credit facilities support the company's ongoing working capital and future growth needs with a revolving line of credit and equipment term loan.
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Barnes & Noble Education Announces Milestone Transactions to Significantly Strengthen Balance Sheet and Advance Industry Leading Services for Institutions and Students
April 17, 2024Barnes & Noble Education, Inc. (NYSE: BNED) (“BNED” or the “Company”), a leading solutions provider for the education industry, today announced that it has entered into a definitive agreement with Immersion Corporation (NASDAQ: IMMR) (“Immersion”), and certain of the Company’s existing shareholders and strategic partners, on the terms of new equity and refinancing transactions that will significantly strengthen BNED’s long-term financial position.
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Stellus Capital Management, LLC Provides Unitranche Financing in Support of DW Healthcare Partners’ Investment in Med Learning Group, LLC
April 17, 2024Stellus Capital Management, LLC (“Stellus”) announced today that its affiliates provided senior debt financing to support the growth of Med Learning Group, LLC (“MLG”), a full-service medical education company backed by DW Healthcare Partners.
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Runway Growth Capital Provides a $40 Million Growth Investment to CarNow
April 17, 2024Runway Growth Capital LLC ("Runway"), a leading provider of growth loans to both venture and non-venture-backed companies seeking an alternative to raising equity, announced today a $40 million commitment to CarNow, a live-data automotive technology platform that helps dealers elevate the car-buying experience by transforming the way they connect with customers.
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Prominent Hybrid Capital and M&A Partners Join Latham to Further Enhance Premier Private Capital Platform
April 16, 2024Latham & Watkins LLP is pleased to announce that Tracey A. Zaccone and Justin Rosenberg have joined the firm’s New York office as partners in the Hybrid Capital and Mergers & Acquisitions and Private Equity Practices, respectively. Zaccone specializes in hybrid capital and private credit financing transactions for private equity firms and public and private companies, as well as traditional capital markets and public company matters.
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