TSL Express Daily Articles & News
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J.P. Morgan Commercial Banking Announces New Global Head of ABL
J.P. Morgan announced that Andrew (“Drew”) Ray has been appointed as the new global head of Asset Based Lending (ABL) within Capital & Advisory Solutions, Commercial Banking.
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Strategies to Overcome Merchant Cash Advance (MCA) Challenges: Insights and Solutions from Industry Experts
Merchant cash advance (MCA) lending has become a disruptive force in the alternative finance sector, reshaping how small and mid‑sized businesses access capital — and how lenders assess and protect their positions. In a July 29 webinar hosted by SFNet, "Strategies to Overcome MCA Challenges," three leading experts — Richard Simon, partner, Mandelbaum Barrett PC, Marc Mellman, managing director, MCA Stacking Solutions and Stuart Wells, counsel, White and Williams LLP — shared insights on the growth of MCAs, the risks they present, regulatory changes, litigation strategies, and how both lenders and merchants can handle this challenging environment.
TSL Express Daily Headlines & News
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Park National Bank Welcomes First Citizens National Bank in Strategic Partnership
October 28, 2025Park National Corporation (“Park”) (NYSE AMERICAN: PRK) and First Citizens Bancshares, Inc. (“FIZN”) (OTCEM: FIZN) have signed a definitive merger agreement, pursuant to which FIZN will merge with and into Park (the “parent merger”). Following the parent merger, First Citizens National Bank (First Citizens), the bank subsidiary of FIZN, will merge with and into Park’s bank subsidiary, The Park National Bank (the “bank merger”). After closing, First Citizens’ CEO and President, Jeff Agee, will lead the new Tennessee Region of Park National Bank.
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Breakwall Capital Raises $125m at First Close for Energy Credit Fund
October 28, 2025Breakwall Capital has raised $125m (£93.7m) at first close for its energy credit fund, with backing from investors including the US pension fund New Mexico Educational Retirement Board.
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Houlihan Lokey Bolsters Healthcare Capital Solutions Capabilities With Senior Hire
October 28, 2025Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, announced today that Jason Cohen has joined as a Managing Director in its Capital Solutions Group. Based in New York, Mr. Cohen will work alongside Brent Shepherd and Neha Shah to further strengthen the firm’s healthcare capital solutions efforts, bringing more than 20 years of experience in coverage and execution in the life sciences and pharmaceutical space.
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Culain Capital Funding Appoints Travis Smith as Senior Vice President – Regional Sales Executive
October 28, 2025Culain Capital Funding, LLC (“Culain Capital”) is pleased to announce that Travis Smith has joined the firm as Senior Vice President – Regional Sales Executive, bringing over 25 years of experience in financial services with a deep focus on accounts receivable financing, asset-based lending, and commercial banking.
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Second Avenue Capital Partners Provides $20 Million Revolving Credit Facility to Tommy John to Support Continued Growth
October 28, 2025Second Avenue Capital Partners (SACP), a Schottenstein affiliate and a leading provider of asset-based loans and structured financing solutions, announced today that it has provided a $20,000,000 Senior Secured Revolving Credit Facility to Tommy John, the premium apparel brand known for redefining comfort in men’s and women’s underwear.
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Texas Pacific Land Corporation Completes Inaugural $500 Million Credit Facility
October 27, 2025Texas Pacific Land Corporation (NYSE: TPL)(“TPL” or the “Company”) today announced the completion of a new $500 million revolving credit facility (the “Credit Facility”). The Credit Facility was substantially oversubscribed with strong support from twelve financial institutions.
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Great Lakes Announces Amendment to Upsize and Extend Maturity of Revolving Credit Facility and Repayment of Second Lien Notes
October 27, 2025Great Lakes Dredge & Dock Corporation ("Great Lakes" or the “Company”) (NASDAQ: GLDD), the largest provider of dredging services in the United States, announced that on October 24, 2025, it completed an amendment to its existing Revolving Credit Facility, upsizing the facility by $100 million to $430 million and extending its maturity to October 2030.
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Class Actions Defense Litigator Christine Tran Joins Jones Day in Sydney
October 27, 2025The global law firm Jones Day announced today that Christine Tran has joined the Firm as a Partner in its Global Disputes Practice, based in Jones Day’s Sydney Office. Ms. Tran has more than 17 years of experience as a commercial litigator, with a particular focus in defending class actions.
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BMO Adds Paul Thomsen to Lead new Utah Commercial Banking Office
October 27, 2025BMO Commercial Bank recently appointed Paul Thomsen as Managing Director and Utah Market Executive. Thomsen will build the bank’s new Middle Market office in Utah, which will provide capital and tailored financial solutions to Utah’s strong business community.
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iFabric Corp Secures New $2.5 Million Trade Finance Facility
October 27, 2025iFabric Corp. or the Company (TSX:IFA)(OTCQX:IFABF) today announced that it has secured a new $2.5 million trade finance facility with Ebury Partners Canada Ltd. ("Ebury''). The facility is fully unsecured and has been put in place to provide additional financial flexibility to support future growth and expansion initiatives.
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Nuveen Launches Private Credit and Real Estate Strategies
October 27, 2025Nuveen has launched two new private market strategies focused on European private credit and global real estate.
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Gran Tierra Energy Inc. Announces New $200 Million Prepayment and Marketing Agreement and Amendment to Reserve-Based Credit Facility
October 27, 2025Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE)(TSX:GTE)(LSE:GTE) today announced that it has, through its wholly owned subsidiary Gran Tierra Energy Colombia GmbH, a Swiss limited liability company (the “Seller”), entered into a crude oil sale and purchase agreement and a related prepayment addendum (together, the “Oriente Crude Oil Agreements”).
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CPS Announces Closing of $167.5 Million Credit Facility
October 27, 2025Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) today announced that on October 17, 2025, it closed a new two-year revolving credit agreement.
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Export Development Canada Commits $10 Million to Maritime Launch to Advance Spaceport Nova Scotia Toward Orbital Launch
October 27, 2025Maritime Launch Services Inc. (Cboe CA: MAXQ) (OTCQB: MAXQF) ("Maritime Launch" or "the Company") is pleased to announce that Export Development Canada ("EDC") has provided the Company with a $10 million senior credit facility to accelerate the development of Spaceport Nova Scotia and advance toward first orbital launch.
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Fintap Secures up to $86.5MM Credit Facility & Corporate Note to Accelerate Growth, Technology Innovation, and Product Expansion
October 27, 2025Fintap, a technology-enabled specialty finance company, today announced the closing of a credit facility of up to $82.5MM and a corporate note of up to $4MM, representing a significant increase from its 2021 financing. This new capital positions Fintap to advance its technology infrastructure, enhance API integrations, and expand access to working capital for underserved small businesses nationwide.
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KDP Discusses Strategy, Leadership and Financing for Upcoming Transformational Transactions
October 27, 2025Today, Keurig Dr Pepper (NASDAQ: KDP) announced new details about strategy, leadership and financing related to the acquisition of JDE Peet's and subsequent planned separation into two independent companies.
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WhiteHawk Capital Provides $600 Million FILO Term Loan to Support a Leading Retail Platform’s Strategic Growth
October 27, 2025WhiteHawk Capital Partners (“WhiteHawk”) has provided a $600 million first-in, last-out (FILO) term loan to a leading multi-brand retail platform (the “Company”). The financing strengthens the Company’s capital structure and provides meaningful liquidity to support store modernization, supply chain initiatives, and e-commerce investments. The Company operates a portfolio of well-known consumer and lifestyle brands with broad national recognition and a strong omnichannel presence.
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Hercules Capital Celebrates $25.0 Billion Milestone in Total Cumulative Debt Commitments
October 27, 2025Hercules Capital, Inc. (NYSE: HTGC) (“Hercules,” “Hercules Capital,” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, is celebrating reaching the $25.0 billion milestone in total cumulative debt commitments since its first origination in October 2004.
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Tradewind Finance Provides USD 3.5 Million Credit Facility for Hong Kong Subsidiary of Leading German Shirt Company
October 27, 2025International trade finance company Tradewind Finance today announced a USD 3.5 million factoring facility for a Hong Kong subsidiary of a leading family-owned and operated shirt brand based in Germany. The Hong Kong company is utilizing the facility to further improve cash flow and efficiently manage their international operations amid shifting trade policy.
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Stratton Capital Group Closes a $22 Million Construction Loan
October 27, 2025Stratton Capital Group has closed a $22 million construction loan to finance the redevelopment of an outdated office property into a modern multifamily residential community in downtown Salt Lake City. The project will transform the former commercial structure into a 106-unit Class A apartment building, offering a vibrant and sustainable living option in one of the West’s most dynamic urban markets.
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