TSL Express Daily Articles & News
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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.
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Lizzy (pronounced LEE-see) Diaz-Ortiz is a Chicago-based attorney with over 15 years of experience leading culture change for organizations. Most recently, her efforts have focused on driving diversity and inclusion programs in which she helps organizations create a culture of belonging to drive better business results.
She grew up as a military brat living and working all over the world and spent her formative years in Germany, quite different than the rest of her extended Puerto Rican family. Her diverse experiences as an Army dependent laid the groundwork for a three-year professional stint in Mexico City as an adult. More importantly, it provided the foundation for her desire to work in the diversity, equity, and inclusion realm and advocate for equitable outcomes.
TSL Express Daily Headlines & News
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J D Factors Announces Factoring Facilities to 23 New Clients
September 13, 2023J D Factors provided $11,700,000 in new factoring facilities to 23 new clients in the US and Canada during the month of August.
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J D Factors Announces Factoring Facilities to 23 New Clients
September 13, 2023J D Factors provided $11,700,000 in new factoring facilities to 23 new clients in the US and Canada during the month of August.
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J D Factors Announces Factoring Facilities to 23 New Clients
September 13, 2023J D Factors provided $11,700,000 in new factoring facilities to 23 new clients in the US and Canada during the month of August.
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Wintrust Receivables Finance Announces the Closing of a Line of Credit for a Temporary Staffing Firm
September 13, 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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Rosenthal Closes $25 Million Recourse Factoring Facility For Pharmaceutical Company
September 13, 2023Rosenthal & Rosenthal, Inc., the leading factoring, asset based lending, purchase order financing, d2c and e-commerce inventory financing firm in the United States, today announced the completion of a recent $25 million recourse factoring deal for a private equity-owned pharmaceutical and healthcare products company.
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Culain Capital Funding Provides $3MM in Recent Purchase Order and Factoring Facilities
September 13, 2023Culain Capital Funding LLC, a specialty finance firm focusing on responsive and efficient funding solutions for small and medium sized business in the United States announces the completion of two separate $1,500,000 million Accounts Receivable Factoring and Purchase Order Facilities.
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Siena Lending Group Closes a $78 Million Credit Facility for an Alcoholic Beverages Company
September 13, 2023Siena Lending Group LLC (“Siena”) is pleased to announce the closing of a $78 million senior secured credit facility with an alcoholic beverage producer and distributor (the “Company”). The loans are being used to provide additional capital to refinance existing debt and support future growth opportunities.
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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.
The Secured Lender
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