TSL Express Daily Articles & News
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Access Capital, Inc., Announces Raphael Torres as Senior Vice President, Head of Business Development
Access Capital, Inc., the nation’s leading independent lender to the staffing industry, is thrilled to share that Raphael Torres of Fort Lauderdale has joined the team as Senior Vice President and Head of Business Development.
Named a Forty Under Forty designee by SFNet in 2018, Raphael’s experience in asset-based lending spans over two decades. During his career at Wells Fargo, he headed the team responsible for providing financial solutions to the Staffing, Government Contracting, and Transportation industries, growing the portfolio to over $1B in outstanding loans and $2.7B in commitments.
Named a Forty Under Forty designee by SFNet in 2018, Raphael’s experience in asset-based lending spans over two decades. During his career at Wells Fargo, he headed the team responsible for providing financial solutions to the Staffing, Government Contracting, and Transportation industries, growing the portfolio to over $1B in outstanding loans and $2.7B in commitments.
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Foodservice distributors generally adapted well to the massive disruptions triggered by the pandemic, but the sector is feeling the strain of the latest shift—the rapid return of tens of millions of Americans to in-person dining.
TSL Express Daily Headlines & News
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Gateway Trade Funding Completes 13 Stretch Finance Transactions Totaling More Than $3,000,000
October 16, 2023
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Gateway Trade Funding Completes 13 Stretch Finance Transactions Totaling More Than $3,000,000
October 16, 2023Gateway Stretch Finance is increasingly making its mark by recently assisting 13 more companies with working capital, inventory, supplier deposits before shipping and work in process transactions.
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Gateway Trade Funding Completes 13 Stretch Finance Transactions Totaling More Than $3,000,000
October 16, 2023Gateway Stretch Finance is increasingly making its mark by recently assisting 13 more companies with working capital, inventory, supplier deposits before shipping and work in process transactions.
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Gateway Trade Funding Completes 13 Stretch Finance Transactions Totaling More Than $3,000,000
October 16, 2023Gateway Stretch Finance is increasingly making its mark by recently assisting 13 more companies with working capital, inventory, supplier deposits before shipping and work in process transactions.
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Gateway Trade Funding Completes 13 Stretch Finance Transactions Totaling More Than $3,000,000
October 16, 2023Gateway Stretch Finance is increasingly making its mark by recently assisting 13 more companies with working capital, inventory, supplier deposits before shipping and work in process transactions.
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Gateway Trade Funding Completes 13 Stretch Finance Transactions Totaling More Than $3,000,000
October 16, 2023Gateway Stretch Finance is increasingly making its mark by recently assisting 13 more companies with working capital, inventory, supplier deposits before shipping and work in process transactions.
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Gateway Trade Funding Completes 13 Stretch Finance Transactions Totaling More Than $3,000,000
October 16, 2023Gateway Stretch Finance is increasingly making its mark by recently assisting 13 more companies with working capital, inventory, supplier deposits before shipping and work in process transactions.
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Gateway Trade Funding Completes 13 Stretch Finance Transactions Totaling More Than $3,000,000
October 16, 2023Gateway Stretch Finance is increasingly making its mark by recently assisting 13 more companies with working capital, inventory, supplier deposits before shipping and work in process transactions.
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Gateway Trade Funding Completes 13 Stretch Finance Transactions Totaling More Than $3,000,000
October 16, 2023Gateway Stretch Finance is increasingly making its mark by recently assisting 13 more companies with working capital, inventory, supplier deposits before shipping and work in process transactions.
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Gateway Trade Funding Completes 13 Stretch Finance Transactions Totaling More Than $3,000,000
October 16, 2023Gateway Stretch Finance is increasingly making its mark by recently assisting 13 more companies with working capital, inventory, supplier deposits before shipping and work in process transactions.
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Gateway Trade Funding Completes 13 Stretch Finance Transactions Totaling More Than $3,000,000
October 16, 2023Gateway Stretch Finance is increasingly making its mark by recently assisting 13 more companies with working capital, inventory, supplier deposits before shipping and work in process transactions.
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Vintage Wine Estates Announces Amended Credit Agreement
October 16, 2023Vintage Wine Estates, Inc. (Nasdaq: VWE and VWEWW) (“VWE” or the “Company”), one of the top wine producers in the U.S. with an industry leading direct-to-consumer platform, today announced it has amended its credit agreement (the “Amended Credit Agreement”) to, among other things, waive existing events of default, redefine financial covenants and allow for additional asset sales.
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Access Capital, Inc., Announces Efrain Aguilar’s Promotion to Credit Analyst
October 16, 2023Access Capital is pleased to announce that Efrain Aguilar has been promoted to the position of credit analyst. Efrain joined Access Capital in May 2020 as a senior collateral analyst and immediately distinguished himself with his knowledge, work ethic, team-first mentality, and growth mindset.
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SFNet Member Spotlight: Porter Capital Corporation
October 16, 2023Porter Capital Corporation was founded in 1991 by brothers Marc and Donald Porter in Birmingham, AL. Porter offers working-capital solutions to businesses all over the country in a variety of industries. As a direct lender and factoring company, Porter Capital has provided over $8 billion in funding since its inception.
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CohnReznick Expands Government Advisory Capabilities with Acquisition of Exiger’s Construction Monitorship and Public Sector Forensic Investigations Division
October 16, 2023CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that it has acquired the Construction Monitorship and Public Sector Forensic Investigations Division from Exiger, the SaaS company revolutionizing the way corporations, government agencies and banks manage supply chains.
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Audax Private Debt Provides Financing to Support Aquiline Capital Partners’ Launch of MDpanel
October 16, 2023Audax Private Debt (“Audax”) announced that, as Administrative Agent and Sole Lead Arranger, it provided a unitranche credit facility to support the formation of MDpanel (the “Company”) by Aquiline Capital Partners, a New York-based private investment firm. MDpanel is a new platform dedicated to the efficient delivery of medical opinions as part of the workers’ compensation insurance claims process.
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Alvarez & Marsal Appoints Anil Kumar as Private Equity Generative Artificial Intelligence Practice Leader
October 16, 2023Leading global professional services firm Alvarez & Marsal (A&M) announced Managing Director Anil Kumar will head its Private Equity Performance Improvement (PEPI) Generative Artificial Intelligence (GenAI) practice. David McGraw and Chaz Henry will support Mr. Kumar as the GenAI practice’s consulting lead and Chief Technology Officer, respectively.
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Venator Successfully Completes Financial Recapitalization and Emerges from Chapter 11
October 16, 2023Venator Materials PLC ("Venator" or the "Company"), a global manufacturer and marketer of chemical products, has successfully completed its Chapter 11 recapitalization process and has emerged with an improved balance sheet and lower debt. The Company is now better positioned to address macroeconomic and market challenges. Venator's recapitalization plan was confirmed by the Bankruptcy Court on July 25, 2023.
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Vantiva Announced a New Short Term €85 Million Financing
October 16, 2023Vantiva is pleased to announce that Vantiva Technologies SAS has entered into a credit agreement, pursuant to which a term facility in an aggregate principal amount of €85,000,000 has been provided by Barclays Bank Ireland PLC and participated in by certain funds managed/and or advised (directly or indirectly) by Angelo Gordon & Co., L.P.
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A&G and Onyx Clarify Details of Real Estate Sale Involving Developer StoryBuilt
October 16, 2023A&G Real Estate Partners and Onyx Asset Advisors are clarifying a press release from October 9, 2023, to clarify the interests being sold related to developer StoryBuilt. In addition to the 12 projects solely owned by StoryBuilt, A&G Real Estate Partners and Onyx Asset Advisors are also marketing minority positions in 16 properties.
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