- SSG Advises Tonopah Solar Energy LLC in the Sale of Substantially All Assets to Sons of Liberty Construction Inc.
- Middle Market Confidence Holds Near Record Highs as Companies Continue Investing Through Economic Uncertainty
- Churchill Asset Management Launches Capital Solutions Strategy, Appoints Noah Charney to Lead Business
- SouthStar Capital Closes $500,000 Combined Purchase Order and Accounts Receivable Financing Facility for Consumer Products Company
- Blank Rome Expands Houston Office with Addition of Business Litigation and Energy Industry Partner Daniel S. Mayerfeld
TSL Express Daily Articles & News
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Republic Business Credit Welcomes Three Account Executives To Support Strategic Growth
Republic Business Credit announced the hiring of Eddie Miranda, Kenny Singh and Jack Wallis as Account Executives. Singh will serve as Vice President, Account Executive, and support asset-based lending clients under the leadership of Senior Vice President Bruce Sarver. Miranda and Wallis will both serve as Assistant Vice President, Account Executive, and support recourse factoring clients under the leadership of Senior Vice President Danika Louis.
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The Mirage of Gross Receivables in Lender Finance
Picture this: A lender extends a $70mm “lender finance” revolving loan facility to a factoring company. Availability under the facility is governed by a borrowing base, calculated generally as 75% of eligible receivables. The eligibility criteria include the standard and customary exclusions and limitations. But that is not the issue here. The issue here concerns a much simpler, yet more fundamental, question: What is the “receivable” that is used to build the borrowing base in the first instance?
TSL Express Daily Headlines & News
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Banking and Finance Partner Rhéa Christophilopoulos Joins Jones Day in Paris
June 2, 2026The global law firm Jones Day announced today that Rhéa Christophilopoulos has joined the Firm in Paris as a partner in the Firm’s Financial Markets Practice. Ms. Christophilopoulos focuses her practice on the full range of financing transactions across the credit spectrum, delivering commercial and pragmatic solutions to complex financing issues.
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WhiteHawk Capital Partners Closes US$390 Million Cross-Border Refinancing for The Star Entertainment Group
June 2, 2026WhiteHawk Capital Partners, LP ("WhiteHawk"), a private credit investment manager focused on asset-based financing solutions, announced the closing of a US$390 million senior secured financing for The Star Entertainment Group Limited (“The Star” or the “Company”). The financing provides The Star with additional liquidity and refinances certain existing indebtedness.
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EBSC Lending Provides $32 Million Interest-Only Construction and Refinance Facility to Meridian Capital for Multifamily Conversion Project in Fall River, Massachusetts
June 2, 2026Elite Business Service, LLC d/b/a EBSC Lending (“EBSC Lending”), a nationwide private real estate lender, announced the closing of a $32 million interest-only construction and refinance facility to Meridian Capital for a planned multifamily conversion project in Fall River, Massachusetts.
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Dwight Funding Announces Select Credit Facilities for Growth-Stage Consumer Brands
June 2, 2026Dwight Funding, a modern asset-based lender providing flexible working capital support to scaling consumer brands, is pleased to announce select transactions from Q2, 2026.
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Gibraltar Business Capital Closes $12.5M Revolving Credit Facility with Sharebite
June 1, 2026Gibraltar Business Capital (GBC) has closed a $12.5M senior secured revolving credit facility for Sharebite, Inc., the leading enterprise meal benefits platform headquartered in New York, NY. The new facility refinances Sharebite’s existing credit facility and provides additional working capital flexibility to support the company’s continued growth, technology investments, and innovation initiatives.
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Commercial Funding Inc. Accelerates Growth with Strategic Acquisition of Amegy Business Bank’s Factoring Portfolio from Zions Bancorporation, N.A.
June 1, 2026Commercial Funding Inc. (CFI), a national provider of accounts receivable financing, today announced the acquisition of the factoring portfolio of Amegy Bank, a division of Zions Bancorporation, N.A., significantly expanding its presence in the United States.
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Franklin Capital Provides $500,000 Factoring Facility to Support Growth of a Women-Owned Recruitment Firm
June 1, 2026Franklin Capital is pleased to announce the completion of a $500,000 accounts receivable factoring facility for a Florida-based women-owned recruitment company. The growing staffing firm turned to Franklin Capital when timing gaps between invoicing and incoming payments created immediate working capital pressure. Like many entrepreneurial recruitment businesses, the company faced the challenge of managing payroll and operating expenses while waiting on extended customer payment terms.
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MONTICELLOAM, LLC Welcomes Sara Hollander to Help Lead Business Development and Strategy
June 1, 2026MONTICELLOAM, LLC ("MONTICELLOAM"), a specialized seniors housing and multifamily bridge lending platform, today announced the appointment of Sara Hollander to its fundraising and portfolio management team. In this role, Ms. Hollander will drive capital raising activity, commercial strategy, and product expansion across the platform.
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Tiger Group Taps Dylan Carroll as Director of Field Exams
June 1, 2026Tiger Group today announced the appointment of Dylan Carroll as Director in its fast-growing Field Examinations division. Based in Dallas, Carroll brings more than a decade of experience conducting field examinations and managing examiner teams.
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Georgia Banking Company, Inc. and Tandem Bancorp, Inc. Announce Completion of Merger
June 1, 2026Georgia Banking Company, Inc. ("GBC"), the parent company of Georgia Banking Company, and Tandem Bancorp, Inc. (“Tandem”), the parent company of Tandem Bank, are pleased to announce the successful completion of their merger and the merger of their respective banking subsidiaries, effective June 1, 2026.
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Scotiabank to Acquire MapleMark Bank to Support Strategic Growth in Global Banking and Markets Business
June 1, 2026Scotiabank (BNS: TO) today announced that it has entered into a definitive agreement to acquire Maple Financial Holdings, Inc. (parent company to MapleMark Bank). MapleMark Bank is a U.S. commercial bank with operations primarily in Dallas, Texas.
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J D Factors Provides $14.7 Million in New Factoring Facilities in May
June 1, 2026Some of these facilities include: a $1,500,000 factoring facility for a transportation company in Indiana; $1,000,000 factoring facility for a transportation company in British Columbia and $2,000,000 factoring facility for a transportation company in British Columbia.
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Rosenthal Capital Group Closes Two Transactions Totaling $7 Million for its CPG+ Division
June 1, 2026Rosenthal Capital Group (RCG), the leading private commercial finance firm in the United States, today announced the completion of two separate deals with emerging brands in the beauty and food & beverage sectors. The transactions, totaling $7 million, were closed by RCG’s CPG+ division, which specializes in providing non-dilutive growth capital solutions for leading consumer brands.
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Rosenthal Capital Group Closes Two Transactions Totaling $7 Million for its CPG+ Division
June 1, 2026Rosenthal Capital Group (RCG), the leading private commercial finance firm in the United States, today announced the completion of two separate deals with emerging brands in the beauty and food & beverage sectors. The transactions, totaling $7 million, were closed by RCG’s CPG+ division, which specializes in providing non-dilutive growth capital solutions for leading consumer brands.
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Kleinberg Kaplan Welcomes Norris Nissim as Partner in the Private Funds & Investment Management Practice
June 1, 2026Kleinberg Kaplan announced that Norris Nissim has joined the Firm as a partner in its Private Funds & Investment Management practice. His arrival — along with other recent senior additions — reflects Kleinberg Kaplan’s continued investment in building further depth and sophistication around the evolving needs of its private funds, investment management, and institutional client base.
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Cerebro Capital Facilitates Over $100mm in Debt Financings
June 1, 2026Cerebro Capital recently announced they had secured over $100mm in debt financings for US middle market companies. The following are some highlights: $18mm senior secured loan for a marketing & advertising company seeking growth capital; a $15mm asset-based line of credit to a US subsidiary in the solar energy space and a $14mm senior secured loan to a services company in the medical/legal segment.
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Partner Jarel Rosser Joins King & Spalding’s Finance and Restructuring Practice in New York
June 1, 2026King & Spalding announced today that Jarel Rosser has joined the firm as a partner in its Finance and Restructuring practice group. He is based in the New York office.
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Former Senior Counsel in the Office of the Chief Counsel for Industry and Security at the U.S. Department of Commerce Jason Lebowitz Joins Morrison Foerster
June 1, 2026Morrison Foerster, a leading global law firm, is pleased to announce the arrival of Jason Lebowitz* as of counsel in the firm’s National Security Group, in Washington, D.C. Lebowitz brings extensive and multifaceted government experience, most recently serving as Senior Counsel in the Office of the Chief Counsel for Industry and Security (OCCIS) at the U.S. Department of Commerce, where he advised on complex export control and national security issues, including Section 232 investigations, the Export Administration Regulations (EAR), and Information and Communications Technology and Services (ICTS) supply chain matters.
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Eagle Business Credit Names Daniel Krasna as National Sales Manager Expanding National Sales Leadership to Support Continued Growth
June 1, 2026Eagle Business Credit, a premier provider of accounts receivable financing and working capital funding solutions, today announced the appointment of Daniel Krasna as National Sales Manager.
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Abacus Finance Group Provides Senior Debt Financing to Support LongueVue Capital’s Investment in Apex Dental Laboratories Group
June 1, 2026Abacus Finance Group, LLC – a leading provider of cash flow-based, senior debt for sponsor-led investments in lower middle-market companies – today announced that it served as senior secured credit facilities administrative agent and lead arranger in a senior debt financing to support LongueVue Capital’s investment in Apex Dental Laboratories Group.
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