- David Ebroon Admitted to the American College of Commercial Finance Lawyers as a Fellow
- Eagle Point Holds Final Close on its Defensive Income Fund III, Exceeding its Original Hard Cap
- Gateway Completes a Record 39 Stretch Deals in 45 Days Totaling $15 Million
- FBT Gibbons Bolsters Commercial Finance Capabilities with Addition of New York Partner Leon Yel
- First Business Bank Promotes Kevin McGraw To Vice President - Asset-Based Lending
TSL Express Daily Articles & News
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Tiger Finance and Merchant Financial Group are partnering to provide $38 million in growth capital to Alpha 6 Distributions, creator of the Arctix winter apparel brand.
As the primary lender to Alpha 6, Merchant Financial Group tapped Tiger Finance to provide an additional $15.2 million in growth capital for the manufacturer, based in Locust Valley, NY. Tiger's contribution brings the total credit facility to $38 million.
TSL Express Trending Story
Featured
Kurt Marsden is the executive vice president and head of Wells Fargo Capital Finance, which provides traditional asset-based lending, equipment financing solutions, and specialized junior and senior secured lending to companies in the U.S., UK, and Canada.
Kurt joined Wells Fargo in 1992 through Capital Finance’s predecessor Foothill Capital Corporation, and has held many leadership roles in originations, portfolio management, and credit during his tenure, spanning all aspects of the company’s asset-based lending offerings.
Kurt holds a bachelor’s degree in business administration with an emphasis in finance and real estate from California State University, Northridge. He resides in Los Angeles with his wife and two children. Outside of the office, Kurt is active in his community as the Board President of Inclusion Matters by Shane’s Inspiration, which is a non-profit focused on promoting greater inclusion for children with disabilities.
TSL Express Daily Headlines & News
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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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Boudewijn Smit Joins NautaDutilh's New York Office
September 11, 2023As of this week, Boudewijn Smit has joined NautaDutilh's New York office. Boudewijn works in NautaDutilh's Finance department and was previously based in the firm's London office.
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Cyprium Continues Momentum with New Investment Activity, New Hires
September 11, 2023Cyprium Partners, a private equity firm focused on non-control investments in profitable middle-market companies, is pleased to announce two platform investments in Hirsch Solutions and Apollo Holdings.
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Coty Inc. to Offer Senior Secured Notes
September 11, 2023Coty Inc. (NYSE: COTY) (“Coty”), one of the world’s largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, and skin and body care, today announced that it, together with its wholly-owned subsidiaries, HFC Prestige Products, Inc. and HFC Prestige International U.S. LLC (the “Co-Issuers” and collectively with Coty, the “Issuers”), launched an offering of €500 million aggregate principal amount of senior secured notes (the “Notes”), subject to market and customary conditions.
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Alignment Credit Provides Senior Secured Credit Facility for the Acquisition of Keystone Fireworks
September 11, 2023-Alignment Credit, a leading provider of strategic credit solutions for growth and lower middle-market companies, acted as the sole lead arranger and administrative agent for a senior secured credit facility to support the buyout of Keystone Fireworks by Argonne Capital Group.
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Centerra Gold Announces Extension of Corporate Credit Facility
September 11, 2023Centerra Gold Inc. (“Centerra” or the “Company”) (TSX: CG) (NYSE: CGAU) announced today that it has extended its US$400 million revolving credit facility (the "Credit Facility") with a renewed term of four years, now maturing on September 8, 2027. The Credit Facility is led by The Bank of Nova Scotia and National Bank Financial Markets and is supported by a syndicate of international financial institutions.
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Senseonics Holdings, Inc. Enters Into $50 Million Loan Facility With Hercules Capital
September 11, 2023Senseonics Holdings, Inc. (NYSE American: SENS), a medical technology company focused on the development and manufacturing of long-term, implantable continuous glucose monitoring (CGM) systems for people with diabetes, today announced that it has entered into a $50 million loan facility with Hercules Capital, Inc. (NYSE: HTGC) (“Hercules”).
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Gateway Trade Funding Completes 21 Stretch Finance Transactions Totaling More Than $5,230,000
September 11, 2023Gateway Trade Funding, a PO and stretch financing company, is pleased to announce that we have recently completed the following stretch finance transactions: $850,000 loan for a US oil and gas related company – funds to assist with an acquisition. $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.
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Gateway Trade Funding Completes 21 Stretch Finance Transactions Totaling More Than $5,230,000
September 11, 2023Gateway Trade Funding, a PO and stretch financing company, is pleased to announce that we have recently completed the following stretch finance transactions: $350,000 loan for a US packaging company – funds for working capital. $100,000 loan for a US Gaming related company – funds for inventory.
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Solifi Named on 2023 IDC FinTech Top 100
September 11, 2023Solifi™, a global fintech software partner for secured finance firms, announced it was named among the top 100 on the 2023 IDC FinTech Rankings. The 20th annual vendor ranking recognizes the world’s top 100 leading hardware, software, and service providers to the financial services industry.
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Capteris Closes New $350MM Credit Facility, Strengthening Equipment Finance Business
September 11, 2023Capteris LLC is pleased to announce the closing of a new $350MM credit facility to support the growth of their equipment finance business. The lenders partnering with Capteris include Truist Bank as administrative agent and Bank of America, N.A.
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SLR Appoints Ingrid Kiefer as Partner and Chief Business Development Officer
September 11, 2023SLR Capital Partners, LLC ("SLR"), a private credit platform specializing in direct lending to U.S. middle market companies, announces that Ingrid Kiefer will join the firm in September as a Partner and Chief Business Development Officer. Kiefer will lead SLR's business development and investor relations, leveraging over 25 years of experience in the credit and alternatives investment industry.
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Bryant Park Capital Secures Senior Credit Facility for RapidFunds
September 11, 2023September 7, 2023 / Bryant Park Capital ("BPC"), a leading middle market investment bank with a focus on the specialty finance industry, announced today that Modeso LLC d/b/a RapidFunds ("RapidFunds" or the "Company"), a leading funder of U.S. plaintiff law firms, closed on a $35 million senior secured credit facility with a leading alternative credit fund.
The Secured Lender
SFNet's The Women in Secured Finance Issue



