- Citizens Financial Group Names Chris Emerson Head of Investor Relations
- J D Factors Provides $14.7 Million in New Factoring Facilities in May
- KKR Releases 2026 Mid-Year Global Macro Outlook
- J D Factors Provides $14.7 Million in New Factoring Facilities in May
- Rosenthal Capital Group Closes Seven Equipment Financing Transactions Totaling $40 Million to Date in 2026
TSL Express Daily Articles & News
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Crédit Agricole CIB has closed a new $100MM 3-year Senior Secured Revolving Credit Facility with Allegiant Travel Company, acting as Sole Arranger and Bookrunner.
Allegiant is a longstanding client of the Bank, with this Senior Secured Revolving Credit Facility being the foundation of its relationship with the Company since 2015. With this latest refinancing, the transaction will continue to further enhance Allegiant’s liquidity position and will support the Company’s order book and introduction of new technology assets.
TSL Express Trending Story
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SFNet’s Asset-Based Capital Conference (ABCC) is returning to Las Vegas, February 8 - 9, 2022 at the Encore at the Wynn in Las Vegas, NV, and will offer outstanding networking opportunities and insightful panels geared specifically for asset-based lenders in the capital markets. This conference brings together the decision makers who get deals done. A virtual attendance option supported by our online platform, SFNet Connect, will also be offered. ABCC will coincide with TMA's Distressed Investing Conference, allowing the ever-popular Joint SFNet/TMA Reception to be held again this year.
“We recognize the importance of fulfilling our purpose of bringing together the resources that put capital to work – especially in this environment,” said Richard Gumbrecht, CEO, SFNet. “We are encouraged by the positive response to holding the meeting in the safest way we can, including live streaming and outdoor networking under heat lamps. We are seeing a significant and growing number of in person registrants who are committed to a productive experience, including over 600 participants expected for the joint reception with TMA alone.”
TSL Express Daily Headlines & News
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Rodwick Joins CohnReznick as Financial Services Tax Partner
January 22, 2024CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that Peter Rodwick, CPA has joined the firm as a tax partner in its Financial Services practice. Based in Los Angeles, Rodwick has nearly two decades of experience providing tax services to large and mid-size alternative investment funds and their management companies.
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Alleon Healthcare Capital Provides a $5,000,000 Debtor in Possession Financing ABL to a Texas-based Specialty Pharmacy
January 22, 2024Alleon Healthcare Capital (“Alleon”), a specialty finance company focused on providing healthcare accounts receivable financing, medical accounts receivable factoring, and cash flow solutions to medical providers in the U.S., recently closed a $5,000,000 debtor in possession asset-based loan to a specialty pharmacy in Texas (“Company”).
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KCP Advisory Group Joins With Altman and Company
January 22, 2024KCP Advisory Group, the restructuring and financial consulting organization that offers creative solutions nationally, announces its merger with Altman and Company LLC. The merger of KCP Advisory Group and Altman and Company creates a national consulting firm providing a wide range of services including: crisis and turnaround management, financial advisory, performance improvement, interim management, lender portfolio management advisory, forensic accounting and litigation support.
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Andrew Pontano Named Leader of Dechert's Asset Finance & Securitization Group
January 22, 2024Dechert has named global finance partner Andrew Pontano as leader of the firm’s asset finance & securitization group. Mr. Pontano's appointment reinforces the team’s strategic aim of delivering comprehensive service to clients, encompassing innovative deal formation, creative funding approaches and streamlined execution.
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Accomplished Legal Executive Richard Maletsky Joins Hilco Global as Executive Vice President and General Counsel
January 22, 2024Hilco Global, a privately held diversified financial services firm, announced today the appointment of Richard "Rick" Maletsky as its new Executive Vice President and General Counsel. Mr. Maletsky succeeds Eric Kaup, who will be transitioning to the newly created role of Co-Chief Commercial Officer at the diversified financial services holding company.
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Lenders Not Ready to Signal “All-Clear” When It Comes to the Economy, According to New FTI Consulting Survey
January 22, 2024FTI Consulting, Inc. (NYSE: FCN) today announced the findings of its 2024 Leveraged Loan Market Survey, which offers insight into bank and non-bank lenders’ perspectives on the U.S. loan industry and highlights expectations for leveraged credit market conditions in the year ahead.
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Maxim Commercial Capital Reports Strong 2023 Results, Michael Kianmahd Promoted to Chief Executive Officer
January 22, 2024Maxim Commercial Capital (“Maxim”) announced strong results for the year 2023. The hard asset secured lender reported an 86% increase in funded deals during the year as compared to 2022. Maxim is a national provider of loans and leases from $10,000 to $3 million collateralized by class 6 and 8 trucks, trailers, heavy equipment, and real estate.
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Magnite Announces Intention to Refinance Existing Credit Facilities
January 22, 2024Magnite (NASDAQ: MGNI), the world's largest independent sell-side advertising company, today announced its intention to refinance its outstanding senior secured credit facilities.
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Principal® Direct Lending Business Reaches $2 Billion in Borrower Commitments
January 22, 2024Its direct lending investment team, known as Principal Alternative Credit, has now closed on over 115 transactions as of December 31, 2023, and has exceeded $2 billion in total borrower commitments since its inception in July 2020. This milestone represents an important step in the company’s long-term strategic plan of providing flexible financing solutions across the middle market direct lending industry.
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Dave & Buster’s Entertainment, Inc. Announces Opportunistic Term and Revolving Loan Repricing
January 22, 2024Deutsche Bank Securities Inc., JPMorgan Chase Bank, N.A., Wells Fargo Securities, LLC, BMO Capital Markets Corp., Truist Securities Inc., Capital One, N.A. and Fifth Third Bank, National Association acted as joint lead arrangers and joint bookrunners for the transaction.
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Loeb Announces Holly Pratti Joins as Vice President of Business Development
January 22, 2024Holly Pratti has joined the team at Loeb as Vice President of Business Development and brings along almost a decade of experience in delivering specialized alternative lending solutions.
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KKR Provides Global Accounts Receivable Financing to Weber
January 22, 2024The initial $200 million facility is collateralized by certain accounts receivables of Weber in the U.S. and international markets, with subsequent closes of up to $100 million across European markets expected in the first half of 2024. KKR Capital Markets acted as lead arranger and sole bookrunner.
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Farmers Edge Announces Increase to Secured Credit Facility
January 22, 2024Farmers Edge Inc. (“Farmers Edge” or the “Company”) (TSX: FDGE), a pure-play digital agriculture company, today announced that it has entered into an amendment to its secured credit facility (the “Facility”) with Fairfax Financial Holdings Limited and/or certain of its affiliates.
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Zions Bancorporation Completes Asset-Based Lending Deal With a Nationwide Co-Pack Manufacturing Company
January 22, 2024Zions Bancorporation, N.A., through its Colorado division, Vectra Bank, closed and funded two loan facilities totaling $7,068,600 for a vertically integrated co-pack manufacturer of fire-roasted green chilis, jarred salsa and other southwestern foods. The two separate credit facilities consisted of a $4,000,000 multi-year revolving line of credit and a $3,068,600 term loan.
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Skylight Lending Secures Large Credit Facility with M&T Bank to Fuel Expansion
January 22, 2024SKYLIGHT LENDING, a leading provider of financing solutions in the residential solar space, proudly announces the successful closure of a multi-million-dollar credit facility with M&T Bank. This strategic relationship marks a significant milestone for Skylight as it positions the company for rapid expansion into five new states, solidifying its commitment to making solar energy affordable for homeowners nationwide.
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Zions Bancorporation Completes Asset-Based Lending Deal With a Nationwide, Non-Depository Financial Institution
January 22, 2024Zions Bancorporation, N.A., through its Texas division, Amegy Bank closed {and funded} a $70,000,000 credit facility for an Owner-Occupied Real Estate Lender. The credit facility consisted of a multi-year revolving line of credit.
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Citi and LuminArx Capital Announce the Launch of Strategic Private Lending Vehicle, Cinergy
January 22, 2024Launched by LuminArx Capital, Cinergy will offer a broad range of private credit solutions to companies, including Citi’s global client base. It will invest across multiple asset classes, including asset-backed credit (commercial, consumer and residential) and corporate debt across the capital structure.
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Brightwood Capital Advisors Supports Rockbridge Growth Equity’s Acquisition of TouchFuse, LLC
January 22, 2024Brightwood Capital Advisors, LLC, a private credit firm, announced that it has provided financing to support Rockbridge Growth Equity’s (“Rockbridge”) acquisition of TouchFuse, LLC (“TouchFuse”). As part of the transaction, Rockbridge combined TouchFuse with its existing portfolio company, White Glove. Financial terms of the transaction were not disclosed.
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Gibraltar Equipment Finance Extends $1.75MM to Sponsor-Backed Electric Services Company
January 22, 2024Gibraltar Equipment Finance (GEF) is pleased to announce the closing of a $1.75MM equipment lease to support an electric utility infrastructure services company (Company). The new capital equipment facility supports the Company’s recent geographical footprint expansion.
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MUFG Economic Research Office Releases 2024 Outlook Report; Considers Five Key Questions for the Year Ahead
January 22, 2024Mitsubishi UFJ Financial Group (NYSE: MUFG) Economic Research Office issued its 2024 outlook report titled "Five Key Questions for 2024," in which contributors Henry Cook, Senior Economist, London; Agron Nicaj, U.S. Economist, New York; and Sai Yabuki, Japan Economist, Tokyo, explore major global macro themes for the next 12 months.
The Secured Lender
SFNet's 40 Under 40 Awards Issue



