- Coastal States Bank Expands into Charleston, Announces Local Commercial Banking Team
- Maxim Commercial Capital Grew Team by 21% during 2025
- BHI Provides $56 Million Construction Loan to Norman Jemal for Redevelopment of 20-Story Downtown Richmond Office Tower into Mixed-Use Hotel and Multifamily Project
- Morgan Lewis Strengthens Aviation Finance Capabilities with Addition of Mehtap Cevher Conti in New York
- Fortress Investment Group Leads $500 Million Senior Secured Credit Facility for Blue Raven Solutions
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
Today's Top Story
Featured
Cambridge Savings Bank Supports Cascade School Supplies with $8.8 Million Credit Facility to Support Growth and Infrastructure Improvements
Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and $6 billion in assets, today announced that its Asset-Based Lending team provided an $8.8 million credit facility to Cascade School Supplies. Based in North Adams, MA, Cascade retails a wide range of educational materials to public schools in the Northeast, while also meeting the office supplies and furniture needs of various other organizations.
TSL Express Trending Story
Featured
Interview with Kristen Holihan, Member of SFNet’s Diversity, Equity & Inclusiveness Committee
Kristen Holihan is a Senior Vice President, Senior Business Development Officer for Bank of America Business Capital (BABC), the asset based lending team at Bank of America. Kristen is responsible for identifying and engaging new ABL opportunities and working with potential borrowers to get a new ABL revolver structured and closed. She is focused on covering private equity groups, advisors, middle market companies, and large corporate companies, in both Metro New York and Upstate New York, to deliver these solutions. Kristen has also spent significant time as an ABL underwriter, as well as on the Leveraged Finance Origination and Capital Markets teams. Kristen graduated from Babson College in 2012 with a Bachelor of Science (concentration in finance). She will also be starting the Executive MBA Program at Columbia University in August 2021. Kristen is a member of the Diversity Equity and Inclusiveness Committee for the Secured Finance Network, as well as a member of the Diversity and Inclusion Council at Bank of America.
TSL Express Daily Headlines & News
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Abacus Finance Provides Senior Debt Financing to Support the Add-On Acquisition by Artemis for Maury Microwave of Wireless Telecom Group
September 12, 2023Abacus Finance Group, LLC – a leading provider of cash flow-based, classic senior debt for sponsor-led buyouts of lower middle-market companies – today announced that it served as Senior Secured Credit Facilities Administrative Agent and Lead Arranger to support the add-on acquisition by Artemis for Maury Microwave of Wireless Telecom Group.
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Luke Joyner Joins First Business Bank’s Asset-Based Lending Team
September 12, 2023First Business Bank welcomes Luke Joyner to its Asset-Based Lending team as Vice President – Asset-Based Lending. Luke Joyner brings more than 10 years of experience in finance and Asset-Based Lending to First Business Bank. He began his career at CIT Commercial Services where he held roles as a Credit Analyst and Business Development Officer.
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Comvest Partners Announces Hiring of Lee Landrum as Partner, Head of Investor Relations
September 12, 2023Comvest Partners (“Comvest”), an operationally-focused middle-market private investment firm, today announced that private credit investment veteran Lee Landrum has joined the firm as a Partner and Head of Investor Relations.
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The J. M. Smucker Co. to Acquire Hostess Brands to Accelerate Focus on Convenient Consumer Occasions
September 12, 2023RBC Capital Markets LLC is serving as lead financial advisor to the Company in connection with the transaction. BofA Securities is also serving as financial advisor to the Company. Wachtell, Lipton, Rosen & Katz is serving as the Company's legal advisor.
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Wingspire Capital Provides a Senior Secured Facility to Lenny & Larry’s
September 12, 2023Wingspire Capital LLC (“Wingspire”) provided senior secured capital, as part of an agented transaction by TCW Asset Management Company LLC, to Lenny & Larry’s as the better-for-you healthy cookie company refinances debt and grows its business.
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SLR Healthcare ABL Provides Financing to Therapy Staffing Company
September 12, 2023SLR Healthcare ABL is pleased to announce that it provided a $4 million asset-based revolving line of credit to a therapy staffing company.
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Gateway Trade Funding Completes 21 Stretch Finance Transactions Totaling More Than $5,230,000
September 12, 2023Gateway Trade Funding, a PO and stretch financing company, is pleased to announce that we have recently completed the following stretch finance transactions:
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Gateway Trade Funding Completes 21 Stretch Finance Transactions Totaling More Than $5,230,000
September 12, 2023Gateway Trade Funding, a PO and stretch financing company, is pleased to announce that we have recently completed the following stretch finance transactions:
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Gateway Trade Funding Completes 21 Stretch Finance Transactions Totaling More Than $5,230,000
September 12, 2023Gateway Trade Funding, a PO and stretch financing company, is pleased to announce that we have recently completed the following stretch finance transactions:
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Gateway Trade Funding Completes 21 Stretch Finance Transactions Totaling More Than $5,230,000
September 12, 2023Gateway Trade Funding, a PO and stretch financing company, is pleased to announce that we have recently completed the following stretch finance transactions:
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Gateway Trade Funding Completes 21 Stretch Finance Transactions Totaling More Than $5,230,000
September 12, 2023Gateway Trade Funding, a PO and stretch financing company, is pleased to announce that we have recently completed the following stretch finance transactions:
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Gateway Trade Funding Completes 21 Stretch Finance Transactions Totaling More Than $5,230,000
September 12, 2023Gateway Trade Funding, a PO and stretch financing company, is pleased to announce that we have recently completed the following stretch finance transactions:
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Gateway Trade Funding Completes 21 Stretch Finance Transactions Totaling More Than $5,230,000
September 12, 2023Gateway Trade Funding, a PO and stretch financing company, is pleased to announce that we have recently completed the following stretch finance transactions:
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Gateway Trade Funding Completes 21 Stretch Finance Transactions Totaling More Than $5,230,000
September 12, 2023Gateway Trade Funding, a PO and stretch financing company, is pleased to announce that we have recently completed the following stretch finance transactions:
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Gateway Trade Funding Completes 21 Stretch Finance Transactions Totaling More Than $5,230,000
September 12, 2023Gateway Trade Funding, a PO and stretch financing company, is pleased to announce that we have recently completed the following stretch finance transactions:
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Gateway Trade Funding Completes 21 Stretch Finance Transactions Totaling More Than $5,230,000
September 12, 2023Gateway Trade Funding, a PO and stretch financing company, is pleased to announce that we have recently completed the following stretch finance transactions:
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Gateway Trade Funding Completes 21 Stretch Finance Transactions Totaling More Than $5,230,000
September 12, 2023Gateway Trade Funding, a PO and stretch financing company, is pleased to announce that we have recently completed the following stretch finance transactions
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Gateway Trade Funding Completes 21 Stretch Finance Transactions Totaling More Than $5,230,000
September 12, 2023Gateway Trade Funding, a PO and stretch financing company, is pleased to announce that we have recently completed the following stretch finance transactions: $40,000 loan for a US beverage/spirits company – funds for working capital. $200,000 loan for a Canadian Oil and Gas related company – funds for working capital. $250,000 loan for a US pet accessory company – funds for working capital.
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Moritt Hock & Hamroff Expands Real Estate Practice In New York
September 11, 2023Moritt Hock & Hamroff announced today the addition of five attorneys to its New York City office, significantly expanding its real estate practice and further illustrating the firm’s continued growth. Matthew Leeds, William McCracken and David Fitzhenry join as Partners, while Matthew Healey joins as Counsel and Brett Stack joins as an Associate.
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Bank Economists: “Soft Landing” Odds Have Improved But Recession Risks Remain
September 11, 2023Despite an expected loss of momentum in U.S. economic growth over the next few quarters, the U.S. economy is likely to dodge a recession, according to the latest forecast of the American Bankers Association’s Economic Advisory Committee.
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