- Maxim Commercial Capital Grew Team by 21% during 2025
- Allica Completes Seamless Migration to Lendscape, Enabling Scalable Growth and Digital Innovation
- The GEO Group Announces Expansion of Revolving Credit Facility by $100 Million
- First Business Bank Funds $1 Million Factoring Facility For Equipment Recovery Company
- Talos Energy Announces Credit Facility Borrowing Base Reaffirmation and Maturity Extension
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
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Snowden Lane Partners, an independent, advisor-owned, wealth advisory firm dedicated to providing client-focused advice in a values-driven culture, together with Snowden Lane’s private equity partner, Estancia Capital Partners (“Estancia”), today announced that Snowden Lane secured a new $100 million credit facility.
The new facility replaces a facility originally secured with ORIX Corporation in 2018 and subsequently expanded in early 2022. The $100 million of available credit will enable Snowden Lane to significantly bolster its recruiting momentum and position itself for sustained growth through 2023 and beyond.
TSL Express Trending Story
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What if I don’t want to come back? Do I have to disclose whether I was vaccinated to my employer? What are the impacts of remote operations from a commercial real estate perspective? How does corporate culture survive in a remote or hybrid environment? What is the impact on career mobility? How are new technologies being deployed to revolutionize workflows and the customer experience in the equipment finance industry?
As the country continues to make its comeback after more than a year of fear and uncertainty from COVID-19, we are left with a lot of questions on what this all means about the work world—returning to offices and what the future will look like. In response to this, SFNet will host its first Innovation Conference, focusing on The Future of Work on July 14 and July 21, 2021 from 12:00-3:00 EDT each day. The Conference will focus on what the world of secured finance will look like as we emerge from the crisis. Attendees will walk away with the knowledge of whether their business is leading, adapting or falling behind.
TSL Express Daily Headlines & News
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Houlihan Lokey Launches Sustainability Advisory Services Practice and Announces Senior Hire
September 6, 2023Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, announced today the launch of a new practice within the firm’s Financial and Valuation Advisory (FVA) business to provide clients with strategic counsel on sustainability and environmental, social, and governance (ESG) issues and to assist boards of directors, investors, and management teams in successfully navigating the ever-evolving global sustainability business landscape.
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PB Financial Corporation and Coastal Bank & Trust Announce Signing of Strategic Merger Agreement
September 6, 2023PB Financial Corporation ("PB Financial") (OTCQX:PBNC), the holding company for Providence Bank ("Providence"), and Coastal Bank & Trust ("Coastal") jointly announce the signing of a definitive strategic merger agreement.
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Bluevine Expands FDIC Insurance Protection Up To $3 Million For Business Banking Customers
September 6, 2023--Bluevine, the one-stop digital banking platform specifically designed for small businesses, today announced expanded FDIC insurance coverage of up to $3 million through Coastal Community Bank, Member FDIC, and program banks in a sweep network, automatically offering Bluevine account holders coverage of up to 12x the industry standard of $250,000.
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Oak Valley Community Bank Announces Commercial Banking Officer Hiring
September 6, 2023Oak Valley Community Bank, a wholly-owned subsidiary of Oak Valley Bancorp (NASDAQ: OVLY), announced that Eric J. Manning has joined the bank as Vice President, Commercial Banking Officer. He is based out of the Roseville Office.
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Wintrust Receivables Finance Announces the Closing of a Line of Credit for a Temporary Staffing Firm
September 6, 2023Wintrust Receivables Finance (WRF) is happy to announce the closing of a new $20 million account receivable line of credit for a Great Lakes-based temporary staffing firm (Company). The Company is a preferred staffing agency for some of the nation’s leading employers within the industries of aerospace, automotive, energy, oil and gas, power, and telecommunications.
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KKR Releases “Regime Change: The Role of Private Real Assets in the ‘Traditional’ Portfolio”
September 6, 2023KKR, a leading global investment firm, today announced the release of Regime Change: The Role of Real Assets in the ‘Traditional’ Portfolio by Henry McVey, CIO of KKR’s Balance Sheet and Head of Global Macro and Asset Allocation (GMAA) and Racim Allouani, Head of Portfolio Construction, Investment Risk Management and Quantitative Analysis at KKR.
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Blank Rome Welcomes Experienced Derivatives Attorney Andrew Cross in Pittsburgh
September 6, 2023Blank Rome LLP is pleased to announce that Andrew P. Cross has joined the firm’s Pittsburgh office as of counsel in the Finance, Restructuring, and Bankruptcy group. Andrew focuses his practice on derivatives transactions and investment management regulatory matters. He joins from Perkins Coie LLP.
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Scotiabank Announces Senior Leadership Appointments
September 6, 2023Scotiabank announced today that Barb Mason, Group Head and Chief Human Resources Officer (CHRO), has announced her intention to retire from Scotiabank at the end of 2023, after a 41-year career with the bank.
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Jill Ford Joins the Corporate & Investment Bank as Head of Equity Capital Markets
September 6, 2023Wells Fargo & Company (NYSE: WFC) today announced that Jill Ford has joined the Corporate & Investment Bank (CIB) as head of Equity Capital Markets. She reports to Tim O’Hara, head of Banking, and is based in New York.
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Stellus Capital Management, LLC Provides Unitranche Financing in Support of BV Investment Partners’ Investment in the Hardenbergh Group
September 6, 2023Stellus Capital Management, LLC (“Stellus”) announced today that its affiliates acted as administrative agent and provided senior debt financing and an equity co-investment in support of BV Investment Partners’ (“BV”) growth-oriented investment in The Hardenbergh Group (“THG”), a leading provider of non-clinical professional staffing, consulting, physician peer review and outsourced solutions to healthcare organizations nationwide.
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Express (EXPR) Enters Asset-based Term Loan Agreement with ReStore Capital
September 6, 2023On September 5, 2023, Express (NYSE: EXPR), Express, LLC (the “Borrower”), an indirect, wholly-owned subsidiary of the Company, and certain other direct or indirect, wholly-owned subsidiaries of the Company (collectively, with the Company, the “Guarantors” and, together with the Borrower, the “Loan Parties”) entered into an asset-based term loan agreement (the “Term Loan Agreement”) with ReStore Capital LLC, as administrative agent, collateral agent and lender, and the other lenders from time to time party thereto.
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OPAL Fuels Announces New $500 Million Credit Facility
September 6, 2023OPAL Fuels Inc. (Nasdaq: OPAL), a vertically integrated producer and distributor of renewable natural gas (RNG) and renewable electricity, announced today the closing of a new $500 million senior secured credit facility (the “Credit Facility”).
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ASGN Successfully Completes Refinancing and Upsizing of $500 Million Revolving Credit Facility and $500 Million Term Loan B
September 6, 2023-ASGN Incorporated (NYSE: ASGN), a leading provider of IT services and professional solutions, including technology and creative digital marketing, across the commercial and government sectors, announced today that the Company has successfully completed a series of transactions that upsize its Revolving Credit Facility and Term Loan B, extending the maturities of each.
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August Commercial Chapter 11 Filings Increase 54 Percent Over Last Year
September 6, 2023There were 634 commercial chapter 11 filings registered in August 2023, an increase of 54 percent from the 411 filings registered in August 2022, according to data provided by Epiq Bankruptcy, the leading provider of U.S. bankruptcy filing data.
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Prime Healthcare Services Completes Refinancing of ABL Credit Facility
September 6, 2023On August 25, 2023, Prime Healthcare Services, Inc. closed a $425 million senior secured revolving credit facility. Due to strong lender support, the new credit facility is expected to be upsized to $450 million in early September 2023.
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Cumberland Pharmaceuticals (CPIX) Enters New $25M Revolving Credit Facility
September 6, 2023On September 5, 2023, Cumberland Pharmaceuticals (NASDAQ: CPIX) entered into a new revolving credit loan agreement with Pinnacle Bank (the “New Pinnacle Agreement”). The New Pinnacle Agreement provides for an aggregate principal funding amount of up to $25 million.
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Associated Bank Releases 2022 Sustainability Report
September 6, 2023Associated Banc-Corp (NYSE: ASB) ("Associated Bank") has released its 2022 Sustainability Report. This annual report highlights the company's progress on environmental, social and governance initiatives and related priorities designed to improve the economic health of its markets; deliver a safe, productive and engaging workplace and culture; promote diversity, equity and inclusion; and preserve the environment.
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Abacus Finance Supports WestView's Growth Investment in Hubstaff; also makes Co-Investment
September 6, 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 for senior secured credit facilities to support the strategic growth investment in Hubstaff by WestView Capital Partners.
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Commercial Credit, Inc. Named to North Carolina’s Top 40 Mid-Market Companies for the Eleventh Consecutive Year
September 5, 2023Commercial Credit, Inc., parent company of Commercial Credit Group Inc., Commercial Funding Inc., and Keystone Equipment Finance Corp., has been named to the Business North Carolina Mid-Market Fast 40 List for the eleventh time.
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AlixLabs secures SEK 40 million investment to advance energy-efficient semiconductor innovation
September 5, 2023Swedish semiconductor trailblazer, AlixLabs, has successfully secured SEK 40 million in funding to accelerate their pioneering work.
The Secured Lender
SFNet's The 81st Annual Convention Issue

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