- Alpine Ridge Funding Announces New Executive Hire
- Eversheds Sutherland Continues to Build Momentum in Texas with Addition of Three Houston Partners
- BizCap® Secures $11.75M Acquisition Financing for Confidential IT Services Firm
- Rosenthal Capital Group Closes Five ABL Transactions Across Multiple Industries Totaling $18 Million
- Holland & Knight Advises ArtCap on Senior Secured Financing for Wholesale Distributor Sahuayo
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
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CELEBRATION, FL (December 14, 2022) – AmeriFactors Financial Group, LLC, provided $60,000,000 in accounts receivable financing to a communications contractor to assist their business through a heavy growth stage. The client will be building out the infrastructure for a large telecom company. Along with increasing their available capital, they will have the advantage of AmeriFactors accounts receivable management services.
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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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HLS Therapeutics Announces Updates to its Credit Agreement
August 14, 2023HLS Therapeutics Inc. ("HLS" or the "Company") (TSX: HLS), a pharmaceutical company focusing on central nervous system and cardiovascular markets, announces an extension to its credit agreement, senior secured term loan, revolver facility and expansion facility (the "Amended Agreement") with a syndicate of leading bank lenders (the "Syndicate") led by JPMorgan Chase Bank as Admin Agent and Arranger.
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Triad Financial Services Announces $1.14 Billion in Consumer Financing
August 14, 2023Triad Financial Services, a subsidiary of ECN Capital Corp (TSX : ECN) (“ECN Capital” or the “Company”), a leader in financing solutions to manufactured housing dealers across the U.S., today announced that it has signed a letter of intent for $1.14 billion in financing from Blackstone’s Asset-Based Finance (“ABF”) Group.
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Flotek Announces Entry into Asset Based Loan Agreement
August 14, 2023Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced that it has entered into a revolving loan and security agreement in connection with an Asset Based Loan ("ABL") with Amerisource Funding, Inc. ("Lender").
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MidFirst Business Credit Announces New Lending Relationship with Anthony Machine
August 14, 2023MidFirst Business Credit (MFBC) announced it has recently provided a working capital and term facility to Anthony Machine (Anthony). Headquartered in San Antonio, Texas, Anthony provides design and high-precision fabrication services, specializing in small to large gearboxes, pumps, shafts, housings, assemblies, and industrial equipment and parts and repair and maintenance services to companies in the petrochemical, mining & aggregate, aerospace, and processors for the oil and gas industries.
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SFNet Announces the Winners of its 2023 Cross-Border Finance Essay Contest
August 14, 2023SFNet is pleased to announce the winners of its 2023 Cross-Border Finance Essay Contest, sponsored by Goldberg Kohn Ltd. Members of SFNet’s International Finance and Development Committee judged the essay submissions and have chosen:
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MindMed Secures $50.0 Million Credit Facility with K2 HealthVentures
August 14, 2023Mind Medicine (MindMed) Inc. (NASDAQ: MNMD), (NEO: MMED), (the “Company” or “MindMed”), a clinical stage biopharmaceutical company developing novel product candidates to treat brain health disorders, today announced that it has entered into a senior secured credit facility with K2 HealthVentures, a healthcare-focused specialty finance company.
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Carolyn Crooks Joins Evercore as Senior Managing Director in the Financial Sponsors Group
August 14, 2023Carolyn Crooks joins Evercore today (NYSE: EVR) as a senior managing director in the Financial Sponsors Group and will be based in New York. Ms. Crooks comes to Evercore after 21 years at Barclays, where she was a managing director in the financial sponsors group.
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Real Estate Finance Partner Michael McCarthy Joins Morgan Lewis in New York
August 14, 2023Morgan Lewis is bolstering its commercial real estate finance bench with the addition of former Stroock & Stroock & Lavan partner Michael (Mike) McCarthy. Arriving as a partner resident in New York, Mike will continue to advise institutional lenders, borrowers, and investors on a variety of commercial real estate finance and related matters.
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Gordon Brothers Acquires Telefunken
August 14, 2023Gordon Brothers, the global advisory and investment firm, has acquired the global consumer electronics brand Telefunken. Based in Frankfurt, Germany, Telefunken has become one of the leading names in the electronics sector with a diverse portfolio of products ranging from video, e-mobility, domestic appliances and audio.
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Wolters Kluwer Expert Points to Potential Risks 2023 Bank Failures Pose for Non-Bank Lenders
August 14, 2023After this spring’s rapid collapse of Silicon Valley Bank, Signature Bank and First Republic Bank, the banking industry is closely measuring the possible regulatory after-effects. Those impacts may include closer regulatory scrutiny for both traditional and non-bank lenders, according to Wolters Kluwer Compliance Solutions expert Kevin Wilzbach.
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B. Riley Serves as Debt Placement Agent to Transom Capital Group in its Acquisition of Bose Professional
August 14, 2023B. Riley Securities, Inc. ("B. Riley"), a leading middle market investment bank and subsidiary of B. Riley Financial, Inc. (Nasdaq: RILY), is pleased to have served as advisor and placement agent to Transom Capital Group (“Transom”) in connection with its acquisition of the Professional Division of Bose Corporation (“Bose Professional”).
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Greenbacker Partners with RBC Community Investments to Complete one of Clean Energy Industry’s First Solar PTC Deals
August 14, 2023Greenbacker Capital Management (“GCM”), a leading renewable energy asset manager, announced today that, through an affiliated investment vehicle, it has completed a $148 million tax equity financing commitment with RBC Community Investments. The commitment—one of the very first tax equity deals to utilize the solar production tax credit (“PTC”)—is helping finance one of the largest solar projects in GCM’s fleet.
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Medalist Partners and Semper Capital Management Broaden Strategic Partnership
August 14, 2023Medalist Partners and Semper Capital Management have expanded their partnership in the structured credit space, with Medalist formally announcing plans to integrate the Semper Capital business onto its platform. As part of this process, various Semper Capital investment and support personnel will join Medalist where they will manage their existing strategies with the enhanced resources of the Medalist platform, while continuing to leverage the robust investment process developed within Semper Capital over the past 30 years
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Comerica Promotes Grant Simon to Senior Vice President, Group Manager, Technology and Life Sciences - San Francisco
August 14, 2023Comerica Bank has promoted Grant Simon to Senior Vice President - Technology and Life Sciences (TLS), Group Manager, San Francisco, effective August 11, 2023. He will report to Robert Hernandez, Group Manager, TLS – California.
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Grant Thornton Appoints New Leaders to its Audit Quality & Risk Leadership Team
August 14, 2023Grant Thornton LLP, one of America’s largest audit, tax and advisory firms, today announced that it has appointed two new leaders to the firm’s Audit Quality & Risk practice. Kendra Decker will serve as the national managing partner of the firm’s Professional Practice, effective immediately.
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Cambridge Savings Bank Supports Buyout of White Wood Kitchens with $2.6 Million in Financing
August 14, 2023Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $6 billion in assets, today announced that it has provided $2.6 million in financing to support the acquisition and transition of ownership for White Wood Kitchens, the well-known kitchen and project management company in Cape Cod, MA, to former Information Technology leader, Anton Emelianov.
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Corvid Peak Expands Asset Management Platform
August 10, 2023Corvid Peak Capital Management LLC (“Corvid Peak”), a subsidiary of Tiptree Inc. (NASDAQ: TIPT) (“Tiptree” or the “Company”) announced today that it has reached an agreement in principle for the Coherence Capital Management (“Coherence”) team of Lazard Asset Management to join Corvid Peak. Coherence manages a liquid long/short credit hedge fund strategy with approximately $150 million of assets under management, including the Coherence Long/Short Credit fund.
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Morgan Lewis Advises Invenergy on Closing of $1.5 Billion Revolving Credit Facility
August 10, 2023Morgan Lewis advised Invenergy, a privately held developer, owner, and operator of sustainable energy solutions, on the closing of a $1.5 billion revolving credit facility to support Invenergy Renewables Operating I LLC and its parent company’s growing project development pipeline.
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Instant Brands Obtains Commitment for Additional Financing
August 10, 2023Instant Brands (the "Company"), maker of consumer favorites like Instant Pot®, Corelle®, Pyrex®, Snapware®, CorningWare®, Visions® and Chicago Cutlery®, today announced that it has received a commitment for an additional $30 million in new term loan financing from its existing lenders, increasing the amount of the term loan credit facility received by the Company to $162.5 million.
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Proterra Announces Strategic Initiatives to Strengthen Financial Position and Sharpen Technology Focus
August 10, 2023Proterra Inc (Nasdaq: PTRA) (“Proterra” or the “Company”), a leading innovator in commercial vehicle electrification technology, today announced that the Company is taking action to maximize the value of its business and enhance the potential of each of its product lines. To do so, Proterra has voluntarily filed for protection under Chapter 11 of the U.S. Bankruptcy Code in the District of Delaware in an effort to strengthen its financial position through a recapitalization or going-concern sale.
The Secured Lender
SFNet's The Women in Secured Finance Issue



