- Hidden River Invests in NEC - 10th Investment in its Inaugural Fund
- Asset-Based Lending & Factoring Surveys
- Tiger Group Sale Features 100-Plus Trailers, Tractor Trucks and Forklifts in Southern California
- Briar Capital Real Estate Fund Provides $10.3MM Real Estate Loan to a Florida-Based Seafood Processor and Wholesaler
- Parafin Expands Warehouse Credit Facility With Silicon Valley Bank, EverBank, and Trinity Capital
TSL Express Daily Articles & News
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Today's Top Story
Featured
Huntington Business Credit Closes $16 Million in New Credit Facilities With Polymerica Limited Company & Subsidiaries
Huntington Business Credit announced it closed $16,000,000 in new credit facilities with Polymerica Limited Company & Subsidiaries on December 8, 2022. Proceeds of the facility were used to refinance existing debt, support a partial recapitalization of the Company, and provide ongoing working capital financing.
TSL Express Trending Story
Featured
Get to Know David Wisen, CEO and co-founder of Wingspire Capital
David Wisen is the CEO and co-founder of Wingspire Capital, a diversified senior secured finance company focused on originating asset-based and specialty finance loans to middle market businesses in the U.S. Transaction sizes range from $20 million to $200 million, and proceeds are used to finance growth, M&A, dividend recapitalizations, restructurings, and turnarounds. Wingspire is a portfolio company of Owl Rock Capital Corporation (NYSE: ORCC). Here, Wisen discusses Wingspire’s first two years, leading through COVID, new talent coming on board, its relationship with Blue Owl Capital and plans for the next several years.
TSL Express Daily Headlines & News
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Republic Business Credit Provides $3,000,000 Factoring Facility to Aerial Support Engineering Company
September 13, 2023Republic Business Credit recently partnered with an Alabama-based business specializing in aerial maintenance and oversight for utility and energy companies. The company sought to obtain more working capital than its previous bank could accommodate, which Republic was able to provide.
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Gateway Trade Funding Completes 21 Stretch Finance Transactions Totaling More Than $5,230,000
September 13, 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 13, 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 13, 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 13, 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 13, 2023
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Gateway Trade Funding Completes 21 Stretch Finance Transactions Totaling More Than $5,230,000
September 13, 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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Aequum Capital Provides Increase in Loan Commitment to Total $9.0MM for an Asset-Based Revolver to a Midwest Based Specialty Online Pharmacy
September 12, 2023Aequum Capital is pleased to announce it recently closed an increase to bring the total commitment to $9,000,000 for a revolving credit facility to a Midwest based industry-leading, technology-focused independent online pharmacy.
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Siena Lending Group LLC Announces the Closing of a $37 Million Credit Facility for Camelot SI LLC D/B/A Sharper Image
September 12, 2023Siena Lending Group LLC ("Siena") is pleased to announce the closing of a $37MM revolving credit facility for Sharper Image. The facility was used to refinance Sharper Image’s existing senior debt and support the Company’s working capital needs. Siena worked closely with ownership and management to craft a creative financing solution that uniquely supports the company during both its high and low seasons.
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eCapital Drives Notable Summer Growth, Securing ABL Deals Exceeding $160MM
September 12, 2023eCapital Corp. ("eCapital" or "the Company"), a leading finance provider for businesses across North America and the U.K., announced a successful summer surge in deals within its Asset-based Lending (ABL) Group. With a combined aggregate value exceeding $160MM in new facility commitments, these recent transactions underscore eCapital's commitment to fostering expansion and accelerating access to capital for SMBs.
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Gridiron Capital Promotes Brynn Jackel to Senior Associate
September 12, 2023Gridiron Capital, LLC (“Gridiron Capital”), an investment firm focused on partnering with founders, entrepreneurs, and management teams, is pleased to announce that Brynn Jackel has been promoted to Senior Associate.
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Oxford Commercial Finance Provides $750,000 Accounts Receivable Purchase Facility to a Utah-Based Wholesaler
September 12, 2023Oxford Commercial Finance provides a $750,000 accounts receivable purchase facility to a Utah–based wholesaler of computer accessories.
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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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