- Baker Garrington Announces New Factoring Facilities
- SB360, Hilco Global, and Gordon Brothers Approved to Operate Going Out of Business Sales at All Remaining Value City Furniture and American Signature Furniture Stores
- Wingspire Capital Announces $3 Billion in Capital Commitments and $1.6 Billion in Aum
- SouthStar Capital Provides $1.5 Million Accounts Receivable Financing Facility to Industrial Services Company
- BHI Provides The Beechwood Organization with $10 Million to Finance the Pre-Development Phase of ‘The Lighthouse’, a 109K SF Development in Queens
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
Today's Top Story
Featured
Saks Mulls Bankruptcy After Raising Billions for Turnaround
Saks Global Enterprises, facing limited options ahead of a more than $100 million debt payment due at the end of this month, is considering Chapter 11 bankruptcy as a last resort, according to people with knowledge of the situation.
TSL Express Trending Story
Featured
Field Exams: Evolving Tools, Unchanging Purpose
Field exams may not make headlines, but they’re the unsung heroes of asset-based lending. This article explores how these rigorous, hands-on reviews continue to anchor risk management in a tech-driven world. If you’re a lender seeking deeper insight into collateral quality, evolving risks, and the future of ABL diligence—read on and stay ahead of the curve.
TSL Express Daily Headlines & News
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Baker Garrington Announces New Factoring Facilities
January 5, 2026Baker Garrington announced it has provided the following recent facilities: A $1 million factoring facility for an oil and gas company in Louisiana; a $250,000 factoring facility for a transportation company in Houston, TX: a $500,000 factoring facility for an oil field services company in Carrizo Springs, TX and a $250,000 factoring facility for an oilfield services company in Del Rio, TX.
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Baker Garrington Announces New Factoring Facilities
January 5, 2026Baker Garrington announced it has provided the following recent facilities: A $1 million factoring facility for an oil and gas company in Louisiana; a $250,000 factoring facility for a transportation company in Houston, TX: a $500,000 factoring facility for an oil field services company in Carrizo Springs, TX and a $250,000 factoring facility for an oilfield services company in Del Rio, TX.
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Marblegate Capital Corporation Closes on $137 Million in Financings to Support Fleet Operations Growth, Strategic Initiatives
January 5, 2026Marblegate Capital Corporation (MCC), the largest full-service fleet operator and specialty finance lender in the New York City (NYC) taxi market, today announced it has closed on two financing transactions totaling approximately $137 million to support the expansion and enhancement of the operation of its full-service fleet operator, Signal Taxi.
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Mitsubishi HC Capital America Announces Timothy B. Page as New President & Chief Executive Officer
January 5, 2026Mitsubishi HC Capital America, a leading provider of financing and asset solutions that power the North American economy, is excited to announce the appointment of Timothy B. Page as President & Chief Executive Officer of the company, effective January 1, 2026. Page will lead all aspects of the company’s operations from its Norwalk, CT and Itasca, IL offices.
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Equify Financial Secures $100 Million Capital Facility with JPMorgan Chase & Co. to Expand Commercial Lending Platform
January 5, 2026Equify Financial announced today that it has closed a $100 million capital facility with JPMorgan Chase & Co., strengthening its balance sheet and expanding its capacity to serve middle-market businesses across the United States.
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Iron Horse Credit Welcomes Daren Demcsik
January 5, 2026Iron Horse Credit is pleased to announce the appointment of Daren Demcsik as Senior Vice President, Senior Underwriter. Mr. Demcsik brings a wealth of credit expertise spanning his more than 30 years in the commercial finance industry.
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Interport Trade Capital Places $10 Million Factoring Facility for EU Subsidiary of Asia-Based Metals Trader
January 5, 2026Acting as advisor, Interport Trade Capital is pleased to announce the successful closing of a $10 million accounts receivable factoring facility for the newly incorporated European subsidiary of a well-established, Asia-based multi-commodity trading group focused on metals.
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CohnReznick Enters Minnesota through Addition of Smith Schafer
January 5, 2026CohnReznick, a leading professional services firm, today announced a strategic acquisition of Minneapolis, MN-based Smith Schafer & Associates, effective January 1, 2026. With three offices in the market, Smith Schafer’s local expertise establishes an important expansion in the Midwest for CohnReznick and significant growth opportunity for the combined organization.
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Pinnacle and Synovus Complete Merger to Become Regional Bank Growth Champion
January 5, 2026Pinnacle Financial Partners, Inc. (NYSE: PNFP), a Georgia corporation, today announced the completion of the merger of Pinnacle Financial Partners, Inc., a Tennessee corporation, and Synovus Financial Corp., a Georgia corporation, with the combined firm now operating as one bank holding company under the name Pinnacle Financial Partners, Inc.
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Alvotech Secures Term Loan Facility of USD 100 Million
January 5, 2026Alvotech (NASDAQ: ALVO), a global biotechnology company specializing in the development and manufacture of biosimilar medicines for patients worldwide, today announced a USD 100 million senior term loan facility with maturity in December 2027 aimed at strengthening liquidity and supporting the execution of Alvotech’s strategic priorities in 2026.
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Terry Suzuki Appointed Head of New ORIX Group USA & Europe Business Unit
January 5, 2026ORIX Corporation USA (“ORIX USA”), the U.S. investment and asset management arm of ORIX Group, announced that President and CEO Terry Suzuki has assumed the role of Senior Managing Executive Officer of ORIX Corporation and is responsible for ORIX Group’s USA & Europe Business Unit, in addition to his current role at ORIX USA.
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$8 Million USD Loan Secured by PowerBank to Accelerate Independent Power Producer Portfolio
January 5, 2026PowerBank Corporation (NASDAQ: SUUN; Cboe CA: SUNN, FSE: 103) (“PowerBank” or the “Company“), a leader in North American energy infrastructure development and asset ownership, today announced that it and its subsidiaries have entered into a loan agreement with NY Green Bank (“NYGB”) for a revolving credit facility with initial principal amount of up to $8 million USD (the “Loan”) that will be used to fund interconnection deposits for an initial portfolio of 50 MW of distributed solar power and battery energy storage projects located in New York State (the “Projects”).
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Silver Point Capital Acquires Controlling Interest in Claims of Onset Financial Against First Brands Group
January 5, 2026Onset Financial, Inc. today announced that Silver Point Capital has acquired a controlling interest in the claims of Onset Financial, Inc. and certain of its funding partners against First Brands Group, LLC and certain of its affiliates. Terms of the transaction were not disclosed.
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Leon Capital Group Launches Transaction Advisory Services Practice
January 5, 2026Leon Capital Group (“Leon” or “The Company”), a diversified holding company for a privately-owned group of entities, today announced the launch of a Transaction Advisory Services practice (TAS). The TAS practice will be led by Kevin Muskat who will be responsible for the growth and development of the new service offering based in Dallas.
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Picard Medical Announces Up to $50 Million Senior Secured Debt Financing
January 5, 2026Picard Medical, Inc. (NYSE American: PMI) (“Picard” or the “Company”), parent company of SynCardia Systems LLC, maker of the world’s first total artificial heart approved by both the U.S. FDA and Health Canada, today announced that it has entered into a definitive agreement for a private placement financing of up to $50.0 million aggregate principal amount of senior secured notes due 2028 together with warrants to purchase common stock of the Company.
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Great Rock Capital Provides $100MM of Liquidity to a Sponsor-Owned Power Solutions Company
January 5, 2026Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced that it has provided $100 million of liquidity through a senior secured revolving credit facility. The financing supports a sponsor-owned industry-leading provider of power solutions, including mobile gas-powered turbines and diesel generators.
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MidCap Business Credit Announced the Closing of Two New Senior Secured ABL Credit Facilities Totaling $19MM
January 5, 2026MidCap Business Credit is pleased to announce the closing of two new senior secured ABL credit facilities totaling $19MM. The first is a $7MM facility comprised of a working capital revolver and machinery and equipment term loan for a manufacturer of highly engineered roller components for the digital printing industry.
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As It Enters Its 15th Year, Abacus Finance Announces the Promotions of Seth Friedman and Eric Petersen to Senior Managing Director and Greg Scanlon to Vice President
January 5, 2026Abacus Finance Group, LLC – a leading provider of cash flow-based, senior debt for sponsor-led investments in lower middle-market companies – today announced the promotions of Seth Friedman and Eric Petersen from Managing Director to Senior Managing Director and Greg Scanlon from Senior Associate to Vice President.
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J D Factors Provides $5,425,000 in new Factoring Facilities to 22 New Clients
January 5, 2026J D Factors provided $5,425,000 in new factoring facilities to 22 new clients in the US and Canada during the month of December. Some of these facilities include: a $600,000 factoring facility for a transportation company in Illinois; a $500,000 factoring facility for a staffing company in North Dakota and a $500,000 factoring facility for a transportation company in Colorado.
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Celtic Capital Corporation Provides Financing for Manufacturer of Eyeglass Lenses
January 5, 2026Celtic Capital Corporation today announced its most recent new client relationship – a South-Central United States manufacturer of eyeglass lenses. This Company was seeking financing to pay off a small bank line of credit and a high-priced merchant cash advance loan, as well as a need for additional working capital to fund the Company’s anticipated growth.
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