- Errin Richardson Glasgow Named as new President of Nationwide Operations of Cascade Credit Services, LLC
- Armory Securities, LLC Announces the Successful Closing of a Credit Facility for Copper Cane Wines & Provisions
- Republic Business Credit Supports Growth of Emerging Footwear Manufacturer with a $750,000 Factoring Facility
- ArentFox Schiff Welcomes Corporate Partner Julia Zhu-Morelli in Los Angeles
- Seth Friedman of Abacus Finance Group Appointed to SBIA Board of Governors as Northeast Regional Chair
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
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Webster Bank Strengthens Commercial Leadership in Massachusetts
Webster Bank today announced that Ann Meade has been promoted to Regional President, Boston and Managing Director, Commercial Lending, leading Middle Market Banking, in the Greater Boston market.
Meade has been a strong presence in the Boston marketplace for Webster and has been instrumental in driving the success of the Middle Market Group in Boston. In her new role, she will expand her focus to the entire Webster team in Boston and will coordinate Webster’s business and community affairs activities.
Meade has been a strong presence in the Boston marketplace for Webster and has been instrumental in driving the success of the Middle Market Group in Boston. In her new role, she will expand her focus to the entire Webster team in Boston and will coordinate Webster’s business and community affairs activities.
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The European Union’s recent passage of its Sustainability Financial Disclosure Regulation marks yet another milestone in the progression of environmental, social and governance matters. This article will review this regulation and related ESG disclosure requirements, together with other notable ESG developments, and discuss their impact on middle-market lenders.
TSL Express Daily Headlines & News
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Harbor Mexico Welcomes New Leadership Team to Drive Franchise Success and Explore Thriving Opportunities in Latam Trade
October 30, 2023Harbor Mexico Welcomes New Leadership Team to Drive Franchise Success and Explore Thriving Opportunities in Latam Trade
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Wintrust Receivables Finance Announces the Closing of a New $15 Million Line of Credit for a Fast-Growing Third-Party Logistics Firm
October 30, 2023Wintrust Receivables Finance (WRF) is happy to announce the closing of a new $15 million account receivable line of credit for a Southwest-based, third-party logistics firm. The company focuses on full truckload freight for enterprise shippers from across the country.
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Twinco Capital Secures €50M Debt Facility to Bridge Trade Finance Gap
October 30, 2023Spanish firm Twinco Capital made headlines as it recently secured a €50m facility with BBVA Spark, aiming to enhance its growth trajectory.
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Morgan Stanley Announces Ted Pick to Become Chief Executive Officer on January 1, 2024; James Gorman to Become Executive Chairman
October 30, 2023The Board of Directors of Morgan Stanley (NYSE: MS) today announced that Co-President Edward (Ted) Pick will become the Firm’s Chief Executive Officer, effective January 1, 2024. James Gorman will become Executive Chairman. Mr. Pick will also join Morgan Stanley’s Board of Directors at that time.
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Cambridge Savings Bank Approves a $250,000 Loan to Woman-Owned Enhanced Mechanical Contracting
October 30, 2023Completed during National Women’s Small Business Month, financing enables the local HVAC company to turbo charge growth by leveraging market gaps
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Moore Colson Admits John Makuch as Consulting Partner
October 30, 2023Moore Colson, an award-winning accounting, consulting and advisory firm in Atlanta, recently announced the addition of John Makuch as a Partner in Moore Colson’s Consulting Practice.
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Wolters Kluwer Q3 Auto Finance Digital Transformation Index Shows Digital Adoption Rate Mirroring Auto Sales
October 30, 2023Wolters Kluwer, a global leader in professional information, software solutions and services, announced third quarter results and analysis from its Auto Finance Digital Transformation Index, a key resource that tracks the rate at which auto dealers, service providers and lenders are seeing growth in the evolution from paper-based finance back-office processes to digital. Click here to see the complete data report.
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Ruling Delays Dodd Frank 1071 Implementation
October 30, 2023A federal judge in Texas issued an order this week that subjects the Consumer Financial Protection Bureau’s (CFPB) 1071 small business lending data collection rule is to a nationwide injunction.
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Water Gremlin Announces Advancement of Sale Process With Receipt of Multiple Offers to Acquire U.S. and European Divisions
October 30, 2023Water Gremlin (the "Company"), a market-leading manufacturer of essential components for batteries used to power the commercial, consumer, military, and government transportation and infrastructure sectors, today announced that it is evaluating multiple compelling offers from interested parties to acquire substantially all of the assets of its U.S. and European divisions.
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River City Bank Announces Restructure of Risk Management Department
October 30, 2023River City Bank's President and CEO Steve Fleming recently announced the restructure of the bank's risk management department, which will be implemented Nov. 1, 2023.
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Vice Chairman Thomas R. Nides to Leave Wells Fargo and William M. Daley to Return to Prior Role
October 30, 2023Wells Fargo today announced that its Vice Chairman, Thomas R. Nides, has decided to leave the company to return his attention to events in the Middle East. Nides joined the company in September after retiring in July as U.S. Ambassador to Israel, a post he had held since 2021.
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Republic Bancorp and Norcross Braca Group Announce $35 Million Investment
October 30, 2023Republic First Bancorp, Inc. (OTCEM: FRBK) (“Republic” or the “Company”), the parent company of Republic First Bank d/b/a Republic Bank, and George E. Norcross, III, Gregory B. Braca, Philip A. Norcross, Lexie Norcross, other Norcross family members and affiliates (collectively, the “Norcross Braca Group”), today announced that they have signed a Securities Purchase Agreement to effectuate a $35 million investment by the Norcross Braca Group.
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Old National to Partner with Nashville-based CapStar
October 30, 2023Old National Bancorp (NASDAQ: ONB) (“Old National”) and CapStar Financial Holdings, Inc. (NASDAQ: CSTR) (“CapStar”) jointly announced today that they have entered into a definitive merger agreement for Old National to acquire CapStar in an all-stock transaction.
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Ares Management Closes $6.6 Billion Pathfinder II Alternative Credit Fund to Invest in Private Asset Based Credit
October 30, 2023Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today the final closing of Ares Pathfinder Fund II, L.P. and Ares Pathfinder Fund II (Offshore), L.P. (and together with parallel vehicles, “Pathfinder II” or the “Fund”) at $6.6 billion in commitments.
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Flatbay Capital Announces HVAC Supply Company Real Estate Line of Credit Funded
October 30, 2023Flatbay Capital is excited to announce the successful funding of a $2.5 million owner-occupied commercial real estate bridge loan for a family-owned fabricator and supplier of HVAC ductwork.
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Terravest Announces New Credit Facility
October 26, 2023TerraVest Industries Inc., (TSX: TVK) ("TerraVest" or the "Company") announces today that it has entered into a new credit facility (the "Credit Facility") with a syndicate of lenders comprised of Desjardins Capital Markets acting as sole lead arranger and bookrunner, National Bank of Canada, The Bank of Nova Scotia and the Business Development Bank of Canada.
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Dillan Knudson Named Head of Commercial Banking for Arizona at Western Alliance Bank
October 26, 2023With over 16 years of banking experience, Knudson most recently served as Regional President and Head of Commercial Banking at PNC Bank in Austin. In that role, he executed the Bank’s local strategic growth initiatives after PNC’s acquisition of BBVA USA in 2021.
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BMO Climate Institute Business Leaders Survey: Nearly Half of Business Leaders in the U.S. and Canada Believe Climate Change Has Already Affected Their Businesses, but Few Have a Strategy
October 26, 2023According to the second annual BMO Climate Institute Business Leaders Survey, the business impact of climate change is driving more business leaders to think about mitigation plans, especially in the United States. Based on a survey of 700 business leaders in the U.S. and Canada, the 2023 results reveal why companies are increasingly taking action, how they are thinking about climate risk, and the challenges and opportunities they face in their transition to net-zero.
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Cahill Announces Election of Seven New Partners & Four New Counsel
October 26, 2023Cahill Gordon & Reindel LLP announced today that Andrew E. Lee, Tristan E. Manley, Juliana Obregon, Javier Ortiz, Matthew E. Rosenthal, Sean R. Tierney and Miles Wiley have been elected to the partnership, effective January 1, 2024.
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HealthCare Royalty Announces Closing of Credit Facility, New Debt Focused Fund and Appointment of Josh House as West Coast Lead
October 25, 2023HealthCare Royalty (“HCRx” or the “Company”), a leading middle market royalty acquisition firm that has raised $7.6 billion in capital since inception, today announced several important firm developments:
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