- J D Factors Provides $14.7 Million in New Factoring Facilities in May
- Accord Announces Banking Facility Update and Amendments to Subordinated Debt
- Wafra Announces Acquisition of Navitas Credit Corp.
- J D Factors Provides $14.7 Million in New Factoring Facilities in May
- Sallyport Commercial Finance Provides $3.5MM Accounts Receivable Facility for Apparel Company
TSL Express Daily Articles & News
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SFNet's International Lending Conference will be held in person May 23 to 25, 2022 at DLA Piper Offices in London, UK. The Conference is geared towards those active in the international lending space, who need a clear understanding of the current global landscape, what may be on the horizon, and what it all means for your business. Some of the most interesting players on the international lending scene will gather for discussions and insights into what lies ahead.
“After two years, we are very excited to get back together in person with our favorite colleagues in the world of international lending—to catch up and to talk about new opportunities,” said David Morse, partner, Otterbourg P.C. “This is a conference where you always learn something new and pick up some interesting bit of information that helps you in thinking about your cross-border deals. The panels this year run the gamut from high-level reviews of market issues from some of the most-informed and thoughtful people in the industry to the nuts and bolts, practical issues of making secured cross-border loans work.”
TSL Express Daily Headlines & News
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Hilco Global Strengthens Expertise with Strategic Hire, John Spencer, Leading to Launch of Hilco Pension Advisory
March 14, 2024Hilco Global, a global leader renowned for maximizing the value of business assets, announces a strategic expansion in its service offerings with the introduction of Hilco Pension Advisory (HPA). This pivotal development, which will expand the range of the service offerings already provided by the experts at Hilco Global Advisors, is driven by the strategic recruitment of industry veteran John Spencer, whose expertise has paved the way for the establishment of HPA within the Hilco Global Advisors family.
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TAB Bank Provides Logistics Company in California with a $1.5 Million Credit Facility
March 14, 2024TAB Bank is pleased to announce it has provided a California-based logistics company with a $1.5 million credit facility that spans multiple years. The company will rely heavily on the facility to fund growth and significantly expand its sales and contract pipeline, which is projected to expand significantly in the coming months and years.
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Gordon Brothers Offering for Sale by Private Treaty SmileDirectClub’s Former Assets & Inventory
March 14, 2024Gordon Brothers, the global asset experts, is offering for sale by private treaty SmileDirectClub’s former assets and inventory on behalf of the debtor-in-possession lender.
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Match Factors Named Best Freight Factoring Company for 2024 by The FactoringClub
March 14, 2024Match Factors, a leading provider of transportation factoring has once again been named a Best Freight Factoring Company of 2024 by The FactoringClub. The award highlights the kind of excellence synonymous with Match Factors’ tried and true practice of building and cultivating trust-based relationships with clients.
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Handshake Recognizes CohnReznick with Third Early Talent Award
March 14, 2024CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that its outreach and educational programs for college students have earned the firm Handshake’s Early Talent Award for the third time.
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nFusion Capital Deepens Sales Bench
March 14, 2024nFusion Capital announced that Greg Dyson has joined their team as Senior Vice President. Greg is responsible for accounts receivable financing, asset-based lending and loan originations and developing client and referral relationships across the United States. He is based in nFusion Capital’s Houston, Texas office.
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Buyout Firm H.I.G. Seeks $655 Million of Private Debt for USA DeBusk Deal
March 13, 2024Buyout firm H.I.G. Capital is seeking $655 million of debt financing to help fund its potential purchase of mechanical and industrial cleaning company USA DeBusk, according to people with knowledge of the matter.
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HarbourView Equity Partners Secures Close to $500 Million in Debt Financing from KKR and Other Investors to Expand Music Investment Opportunities
March 13, 2024HarbourView Equity Partners (HarbourView), an industry-leading alternative asset management company focused on investment opportunities in the sports, media and entertainment space, has secured approximately $500 million in debt financing through a private securitization backed by its diversified catalog of music royalties. Insurance vehicles and accounts managed by KKR, a leading global investment firm, led the financing and investment accounts advised by Kuvare Asset Management also participated in the transaction.
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EdgeCore Digital Infrastructure Announces Second Debt Financing Transaction of 2024 to Fuel Continued Growth and Meet High-Density Data Center Demands of Hyperscale Customers
March 13, 2024EdgeCore Digital Infrastructure, a wholesale data center developer, owner and operator, today announced the completion of a $440 million debt financing transaction to fund continued development of its Silicon Valley campus. This transaction follows the $1.9B debt financing announced by EdgeCore in January 2024, both of which were conducted in conjunction with its owner, Partners Group, a leading global private market firm acting on behalf of its clients.
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Huntington Business Credit Provides $10 Million for Capital Wholesale Drug Company
March 13, 2024Huntington Business Credit announced it closed a $10,000,000 new credit facility with Capital Wholesale Drug Company on January 26, 2024. Proceeds of the facility were used to refinance existing debt and provide ongoing working capital financing.
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QuickFi Wins 3rd Consecutive “Best Overall LendTech Company” Designation in Annual FinTech Breakthrough Awards Program
March 13, 2024QuickFi® today announced that it has been selected as “Best Overall LendTech Company” in the 8th annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global FinTech market today.
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First Business Bank’s Asset-Based Lending Team Funds $15 Million Credit Facility For Michigan Acquisition
March 13, 2024Michael Doyle, Vice President – Asset-Based Lending at First Business Specialty Finance, LLC, a subsidiary of First Business Bank, announces a recently closed and funded $15,000,000 revolving line of credit to fund the acquisition of a Michigan-based industrial distributor of manufacturing supplies and metalworking products.
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Aligned Data Centers and Blackstone Credit & Insurance Announce Financing
March 13, 2024Blackstone Credit & Insurance (“BXCI”) and Aligned Data Centers, a leading technology infrastructure company offering innovative, sustainable, and adaptive Scale Data Centers and Build-to-Scale solutions for global hyperscale and enterprise customers, today announced that Blackstone has provided an initial $600 million senior secured credit facility to support the development of Aligned’s newest and largest data center in West Jordan, Utah.
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SMBC Americas Appoints Mark Corteil as Chief Risk Officer
March 13, 2024Sumitomo Mitsui Banking Corporation (SMBC) today announced the appointment of Mark Corteil as Chief Risk Officer for the Americas Division.
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Grant Thornton Bolsters its Asset Management Practice with new Philadelphia Principal
March 13, 2024Grant Thornton LLP, one of America’s largest providers of audit and assurance, tax and advisory services, has welcomed Chris Scarpa to the firm’s Asset Management industry practice in Philadelphia. Scarpa joins Grant Thornton as a Tax principal, and he will use his nearly 30 years of experience to further strengthen the firm’s service offerings within the asset management sector.
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Gateway Trade Funding Completes 17 Stretch Finance Transactions Totaling More Than $2,100,000
March 12, 2024
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Gateway Trade Funding Completes 17 Stretch Finance Transactions Totaling More Than $2,100,000
March 12, 2024
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Gateway Trade Funding Completes 17 Stretch Finance Transactions Totaling More Than $2,100,000
March 12, 2024
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Gateway Trade Funding Completes 17 Stretch Finance Transactions Totaling More Than $2,100,000
March 12, 2024
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Gateway Trade Funding Completes 17 Stretch Finance Transactions Totaling More Than $2,100,000
March 12, 2024
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