- Buchalter Welcomes Richard Petretti as Partner in Los Angeles and San Diego
- MONTICELLOAM, LLC Finances $144MM For Six Washington Skilled Nursing Facilities
- Silver Rock Capital Partners Raises $4 Billion for Private Credit Capital Solutions Strategy
- Asset-Based Lending & Factoring Surveys
- Market Sizing & Impact Study 2023
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
Today's Top Story
Featured
40-year ABL executive Mike Knuckles to lead metro Atlanta office serving U.S. South
GULFPORT, Miss. (April 3, 2023)—Hancock Whitney has established a new companywide asset based lending (ABL) division primarily serving 12 states across the southern United States. Mike Knuckles, an asset based lending executive with decades of industry experience, will lead the line of business based in suburban Atlanta, Georgia, and direct all recruiting and hiring.
TSL Express Trending Story
Featured
Robert Grbic has more than 30 years of commercial lending experience. He has been with the company and its predecessor since 2005, previously serving as senior executive vice president and chief credit officer where he was involved in creating a hands-on, best-practices credit culture, as well as helping the Company expand its client portfolio.
Before that, Grbic was managing director at MorrisAnderson & Associates ltd., a turnaround-consulting firm. He also co-founded MetSource Capital, LLC, a restructuring and corporate finance firm, working primarily with small- and medium-sized companies. In addition, Grbic has also served at GMAC Commercial Credit, LLC, BNY Financial Corp and Bankers Trust. He has served as an instructor for the Finance, Tax and Law Department at the NYU School of Continuing Education. Grbic holds master’s and bachelor’s degrees in Business Administration from Pace University.
TSL Express Daily Headlines & News
-
B. Riley Serves as Exclusive Financial Advisor to Fromm International in Acquisition by Firelight Capital Partners
January 29, 2024B. Riley Securities, Inc. ("B. Riley"), a leading middle market investment bank and subsidiary of B. Riley Financial, Inc. (Nasdaq: RILY), is pleased to have served as exclusive financial advisor to Fromm International (“Fromm” or the “Company”), a leading marketer of high-end beauty products, in connection with Firelight Capital Partners’ successful acquisition of the Company.
-
Runway Growth Capital Announces Results From Third Venture Debt Review Survey
January 25, 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, today announced the findings from its third Venture Debt Review.
-
Huntington Business Credit Closes $10 Million Credit Facility with American Nitrile Operations, LLC
January 25, 2024Huntington Business Credit announced it closed a $10,000,000 new credit facility with American Nitrile Operations, LLC on December 12, 2023. Proceeds of the facility will be used to fund working capital and continued investment in glove production capacity.
-
MidFirst Business Credit Announces New Lending Relationship with Custom Equipment, LLC
January 25, 2024MidFirst Business Credit (MFBC) announced it has recently provided a working capital facility to Custom Equipment, LLC (“Custom”). Headquartered in West Bend, WI, Custom designs and manufacturers highly versatile scissor lifts that due to their unique agility, size and weight can accommodate various end-user environments.
-
First Citizens Bank Provides $36.2 Million in Financing for Acquisition of Medical Office Buildings in North Carolina and Washington
January 25, 2024First Citizens Bank today announced that its Healthcare Finance business provided $36.2 million in acquisition financing to Anchor Health Properties to recapitalize three medical office buildings located in Charlotte, North Carolina and Seattle, Washington. Anchor Health Properties acquired these assets directly for its own balance sheet.
-
Sallyport Commercial Finance, LLC Welcomes Chris Huntington
January 25, 2024Sallyport Commercial Finance, LLC announced Chris Huntington has joined as vice president business development on the East Coast. Huntington moved to Boston last year with his family, having worked in commercial finance the UK for the last 20 years.
-
MUFG Serves as Coordinating Lead Arranger, Joint Bookrunner, Administrative Agent on EdgeCore Digital Infrastructure $1.9 Billion Debt Financing
January 25, 2024Mitsubishi UFJ Financial Group (MUFG) is pleased to announce the closing of a $1.9 billion debt financing for EdgeCore Digital Infrastructure, conducted in conjunction with its owner, Partners Group, a leading global private markets firm acting on behalf of its clients, to fund scalable development of their data center campus in Mesa, Arizona.
-
Local Bounti Amends Cargill Credit Facility and Receives Funds for Working Capital
January 25, 2024Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced that it has secured additional cash to fund working capital as part of its amended credit facility with Cargill Financial Services International, Inc. ("Cargill").
-
Otterbourg Promotes Michael Rich to Member in the Banking and Finance Department
January 25, 2024Otterbourg P.C. announced today that Michael Rich has been promoted to Member of the Firm, effective January 1, 2024. Mr. Rich began his career at Otterbourg and has been an associate in the firm’s Banking and Finance Department for the past eight years – making him a home-grown star.
-
Caesars Entertainment, Inc. Announces Pricing of Offering of Senior Secured Notes
January 25, 2024Caesars Entertainment, Inc. (NASDAQ: CZR) (the “Company”) today announced the pricing of its previously announced offering of $1.5 billion aggregate principal amount of Senior Secured Notes due 2032 (the “Notes”) at an interest rate of 6.500% per annum and an issue price equal to 100% of the principal amount of the Notes.
-
Targeted Lending Co., LLC Secures $50 Million Senior Credit Facility With Wells Fargo Capital Finance
January 25, 2024Targeted Lending Co., LLC, a prominent leader in the equipment finance industry, is excited to announce the successful closure of a $50 million credit facility with Wells Fargo Capital Finance.
-
SLR Digital Finance Provides $4 Million Line of Credit to leading In-Game Digital Advertiser, Super League Enterprise
January 24, 2024SLR Digital Finance LLC (“SLR Digital Finance”) is pleased to announce the funding of a $4 million credit facility for Super League Enterprise (Nasdaq: SLE), a leading strategically integrated publisher and creator of games and experiences across the world’s largest immersive digital platforms.
-
Blank Rome Announces 2024 Leadership Appointments
January 24, 2024Blank Rome LLP is pleased to announce five new leadership appointments, effective January 1, 2024.
-
Culain Capital Funding Closes $3,000,000 for Mechanical Services Company
January 24, 2024More and more businesses in need of fast, flexible working capital solutions beyond typical bank lending are turning to Culain Capital Funding. The latest is a mechanical services company based in NY, which recently received a $3MM accounts receivable factoring facility through Culain.
-
Kugman Partners Adds to Team of Professionals
January 24, 2024Kugman Partners announced that Tyler Burandt has joined. Burandt is a financial analyst with proven success in the development of complex financial modeling, compilation of extensive underwriting packages, and portfolio management.
-
Sallyport Commercial Finance Provides $2M For a Manufacturing Business Restructure
January 24, 2024Sallyport Commercial Finance announced its second deal for 2024, equipping an existing client with $2,000,000 in accounts receivable finance, which provides the ongoing working capital required to trade successfully.
-
Sight Sciences Announces the Closing of up to $65 Million Senior Secured Credit Facility with Hercules Capital
January 24, 2024Sight Sciences, Inc. (Nasdaq: SGHT) (“Sight Sciences”), an eyecare technology company focused on developing and commercializing innovative technology intended to transform care and improve patients’ lives, today announced the closing of an up to $65 million senior secured credit facility with Hercules Capital, Inc. (NYSE: HTGC) (“Hercules”), a leader in customized debt financing.
-
SC&H Capital Welcomes Mike Fixler as Managing Director
January 24, 2024SC&H Capital, a leading investment bank specializing in M&A and other advisory services for middle-market companies, announced Mike Fixler has joined as Managing Director. Fixler brings more than 25 years of experience strategically advising middle-market companies and their stakeholders to the firm’s Special Situations team. His expertise is focused on distressed mergers and acquisitions, capital raising, and various restructuring processes, including in bankruptcy cases.
-
Stellus Capital Management, Llc Provides Unitranche Financing and Equity Co-Invest in Support Of Interlock Equity’s Investment in Evolv Consulting
January 24, 2024Stellus Capital Management, LLC (“Stellus”) announced today that its affiliates provided senior debt financing and an equity co-investment in support of Interlock Equity’s (“Interlock”) investment in evolv Consulting (“evolv” or the “Company”), a leading data-driven digital consulting firm.
-
Capital Markets Partner Megan Penick Joins Dorsey in New York City
January 24, 2024Megan Penick has joined Dorsey & Whitney LLP as a Partner in the Capital Markets group in New York City, the international law firm announced today.
The Secured Lender
SFNet's The Women in Secured Finance Issue



