- PNC Receives Regulatory Approvals for Acquisition of FirstBank
- Pathlight Capital Closes Fourth ABL Credit Fund and Second Evergreen Tranche With $1.9 Billion of Commitments
- B. Riley Securities Strengthens Investment Banking Leadership with Senior Hire
- nFusion Capital Provides $3M Factoring Facility for Commercial Maintenance Company
- HyperAMS Announces Enterprise Coated Products Inc. Acquired by Loparex, a Strategic Private-Equity-Owned Company
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
Today's Top Story
Featured
Great Rock Capital Adds Senior Originator in Texas Market
Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced Bradley Crawford has joined the firm as Managing Director of Originations. Bradley will be based in Texas and is responsible for expanding the firm’s origination efforts throughout Texas, plus the surrounding states of Arkansas, Louisiana, Mississippi, and Oklahoma.
TSL Express Trending Story
Featured
As head of acquisitions, Bruce Sim is responsible for sourcing commercial finance platform companies and portfolios across North America, and the UK.
Sim has more than three decades of experience in commercial finance, banking, and capital markets. Prior to joining eCapital, he served as senior director of business development at ExWorks Capital, and senior managing director for Glass Ratner Advisory & Capital Group. His banking experience includes executive roles as Head of Capital Markets and Wealth Management at RBC (Caribbean) Ltd, a subsidiary of Royal Bank of Canada; Head of Wells Fargo Global Banking in Miami; and Southeast Region Manager for asset-based lending at Wells Fargo. Sim earned his Bachelor of Science (Mathematics) from the University of Toronto and a Master of Business Administration from York University in Canada.
TSL Express Daily Headlines & News
-
SageSure Closes $50 Million Expanded Revolving Credit Facility to Fuel Growth
March 28, 2023SageSure, a leading provider of catastrophe-exposed property insurance, today announced the close of a $50 million expanded revolving credit facility with its new commercial banking partner Wintrust Financial Corporation (“Wintrust”). The funding will enable SageSure to increase underwriting capacity in the catastrophe-exposed markets it currently serves.
-
Harrow Announces New $100 Million Secured Credit Facility with Oaktree
March 28, 2023Harrow (Nasdaq: HROW), a leading U.S. eyecare pharmaceutical company, today announced that it has entered into a $100 million secured credit financing agreement with funds managed by Oaktree Capital Management, L.P. (“Oaktree”). The interest-only secured credit facility carries an interest rate equal to the three-month secured overnight financing rate (SOFR) plus 6.50%, includes flexible terms and covenants, and is expected to mature in approximately three years.
-
Leading South African Financial Institution Upgrades to Solifi’s SaaS Working Capital Solution
March 28, 2023Solifi™, a global fintech software partner for secured finance, announced that Merchant West Group, a leading privately-owned South African financial institution, will upgrade from an on-premise system to Solifi ABL on the Open Finance Platform.
-
Greystone Monticello Closes $200 Million Healthcare Financing Deal
March 27, 2023Greystone Monticello, a bridge lending platform intended to serve as a one-stop shop provider of capital finance products and services for the senior housing, healthcare and multifamily sectors, announced the closing of $201.3 million in total capital financing for a portfolio of New Jersey-based skilled nursing facilities. The financing comprised a $191.3 million healthcare bridge loan and a $10 million working capital facility on behalf of Peace Capital.
-
Tradewind Finance Delivers EUR 18 Million in Funding for Sustainable Producer of Silicon Metal
March 27, 2023Tradewind Finance today announced the successful completion of EUR 18 million in new funding for a silicon metal producer that is at the forefront of sustainable innovation in the industry. The firm's tailor-made financial solution, which includes credit protection, will deliver immediate working capital to the silicon maker to invest in their business and enable them to trade smoothly and securely.
-
Hilco Digital Assets and Squadhelp.com Announce Strategic Investment and Joint Venture Partnership That Promises to Revolutionize the Branding and Domain Services Industry
March 27, 2023Hilco Digital Assets, a Hilco Global company and leader in the acquisition and monetization of premium digital assets, has made a substantial strategic investment in Squadhelp.com, a disruptive naming platform that combines AI, Crowdsourcing, and Gamification to provide branding solutions to companies. As part of the investment, Andrew Miller, Managing Director of Hilco Digital Assets, will join the Squadhelp Board of Directors.
-
Republic Business Credit Provides $6.5 Million Asset-Based Loan for Food Manufacturing Company
March 27, 2023When a Gulf Coast-based second-generation food manufacturing company needed more support during seasonal growth periods, the company’s commercial banker sought a better partner for a line of credit that would allow the referring banker to maintain treasury management. Republic Business Credit stepped up to provide a $6.5 million asset-based loan with a seasonal uplift.
-
Marathon Asset Management Appoints Curt Lueker to Lead Marathon’s Direct Lending Business
March 27, 2023-Marathon Asset Management, L.P. (“Marathon”), a leading global credit investment manager, today announced that Curt Lueker has joined the firm as Managing Director, to lead the firm’s sponsor coverage and direct lending business. In addition, Mr. Lueker will become a member of the firm’s Investment Committee.
-
Greenbrook TMS Announces US$8.25 Million Equity and Debt Financings
March 27, 2023Greenbrook TMS Inc. (NASDAQ: GBNH) ("Greenbrook" or the "Company") today announced that it has (i) completed a non-brokered private placement (the "Private Placement") of common shares of the Company (the "Common Shares") for aggregate gross proceeds of approximately US$6.25 million, and (ii) entered into amendments to its credit facility (the "Credit Facility") with Madryn Asset Management, LP and affiliates
-
FinWise Bancorp Promotes James Noone to President of FinWise Bank
March 27, 2023-FinWise Bank, a subsidiary of FinWise Bancorp, announced today that the Board of Directors approved the promotion of Chief Credit and Chief Strategy Officer, James Noone to succeed President Kent Landvatter effective immediately. Mr. Landvatter will remain Chief Executive Officer of FinWise Bank and Chairman of the Board, President and CEO of FinWise Bancorp.
-
Yak Access Completes Comprehensive Recapitalization and Exchange Transaction
March 27, 2023Yak also entered into a new $75,000,000 revolving credit facility led by MidCap Financial. By eliminating over $500,000,000 of net debt and substantially reducing leverage and debt service, Yak has emerged from this transaction with ample liquidity and a healthy, sustainable balance sheet.
-
Uniti Group Inc. Announces Extension of its Revolving Credit Facilit
March 27, 2023Uniti Group Inc. today announced that it has entered into an amendment to its credit agreement that, upon receipt of routine regulatory approvals, extends the maturity date of each lender’s commitment under the Company’s senior secured revolving credit facility to September 24, 2027. Bank of America acted as Left Lead Arranger on the transaction.
-
White Oak Commercial Finance Partners with Men’s Apparel Wholesaler to Support Growth Amid Market Volatility with Credit Facility
March 27, 2023White Oak Commercial Finance, LLC (“White Oak”), an affiliate of White Oak Global Advisors, LLC, announced it provided a $2 million non-recourse factoring facility to a wholesaler of contemporary men’s apparel.
-
Krispy Kreme Strengthens Balance Sheet with Successful Refinancing
March 27, 2023Krispy Kreme, Inc. (NASDAQ: DNUT) (“Krispy Kreme” or the “Company”) today announced that it has successfully completed the refinancing of existing Term Loan A and Revolver Facilities. The new $700 million Term Loan A and $300 million revolver extends maturities until March 2028 at the same terms to existing facilities and welcomes several new creditors into our facilities. There is no change in the Company’s net debt as a result of this refinancing.
-
City National Bank Backs OYA Renewables' Energy Transition Pipeline with US$27 million Long-term Loan Facility
March 27, 2023OYA Renewables ("OYA"), a leading energy transition solutions platform, today announced that it has secured backing from City National Bank (CNB), a wholly-owned US subsidiary of Royal Bank of Canada – with a US$27.1 million long-term loan facility. In addition to this, OYA also received funding from Greenprint, the tax equity investor for the four projects, due to the projects reaching the Substantial Completion milestone.
-
Hercules Adviser LLC Establishes A New Institutional Private Credit Lending Program
March 27, 2023Hercules Capital, Inc. (NYSE: HTGC) (“Hercules Capital” or the “Company”) today announced that Hercules Adviser LLC (“Hercules Adviser”), a wholly-owned subsidiary of Hercules Capital, announced it has established a new institutional private credit lending program. The new private credit lending program was established to support the venture and growth stage companies that are being impacted by the recent market events across the venture and growth stage lending ecosystem.
-
Barclays Appoints John J. Erdmann as Chief Financial Officer for Barclays US Consumer Bank and Barclays Bank Delaware
March 27, 2023Barclays today announced the appointment of John J. Erdmann as Chief Financial Officer for Barclays US Consumer Bank and Barclays Bank Delaware (BBDE). Erdmann will oversee the bank’s consumer financial operations in the United States, including financial reporting, planning and analysis, forecasting, expense management, and financial controls.
-
EisnerAmper Names Naomi Barrett as Director of Global Diversity, Equity & Inclusion
March 27, 2023Naomi will work closely with leadership and colleagues to enhance and execute the firm-wide DE&I strategy. She will partner with service line and operations leaders to integrate and align the firm’s DE&I commitment to overall business plans and operating principles.
-
Financial Services Company Stifel Adds Three Former SVB Partners
March 27, 2023Jake Moseley, Matt Trotter and Ted Wilson will join Stifel as managing directors and will immediately assume leadership roles in Stifel’s Venture Banking Group, the company said in a statement.
-
U.S. Silica Holdings, Inc. Completes Amendment and Restatement of $1.1 Billion Credit Agreement
March 23, 2023The transaction was arranged by BNP Paribas Securities Corp., MUFG Bank, Ltd., TCBI Securities, Inc., and KeyBank National Association. BNP Paribas served as administrative agent.
The Secured Lender
SFNet's The 81st Annual Convention Issue
.jpg?sfvrsn=f1093d2a_0 "#3 -_ 1 (1)")
© 2025 Secured Finance Network
