- California Bank of Commerce Adds Two Veteran Commercial Bankers to its Northern California Team
- Claros Mortgage Trust, Inc. Announces $500 Million Secured Term Loan Credit Facility
- TSL Feature Articles
- Hilco Global Hires Henry Jackson to Support Growth of its Two Divisions, Hilco Global Capital Solutions and Hilco Global Professional Services
- Calumet Extends Senior Secured Revolving Credit Facility to January 2031
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
Today's Top Story
Featured
RelPro Marks 10-Year Anniversary with Leadership Transition as Rajmangal Named CEO
Raaj Rajmangal succeeds Founder Martin Wise as the company’s Chief Executive Officer. Wise transitions to Executive Chairman.
TSL Express Trending Story
Featured
The Key to Finding White Space in ABL
Finding White Space by Flipping Burgers: What Lenders Can Learn from Fast Food
Every few years the lending industry collectively declares that “spreads are tight,” “competition is irrational,” and “there’s no white space left.” And every few years, those same statements turn out to be both true and completely wrong.
TSL Express Daily Headlines & News
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Top California Lender Closes $12.4 Million Multifamily Bridge Loan in Austin, Texas, Supporting Value-Add Strategy
January 27, 2026Top California Lender, a leading private lender specializing in commercial real estate finance, announced today the closing of a $12.4 million multifamily bridge loan in Austin, Texas, reinforcing the firm’s growing presence in high-demand Sun Belt markets.
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PYA Announces New Principal, Expansion of Management Team
January 27, 2026PYA is pleased to announce the promotion of Jessica Scouten to the role of Consulting Principal, along with several other promotions effective January 1, 2026.
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MONTICELLOAM, LLC Provides Over $2.2B of Bridge, Mezzanine, and Working Capital Financing in 2025
January 27, 2026MONTICELLOAM, LLC (“MONTICELLOAM”), a specialized seniors housing and multifamily bridge lending platform, along with firm affiliates, completed 49 transactions totaling over $2.2 billion in bridge, mezzanine, and working capital financing in 2025.
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Celtic Capital Corporation Expands Client Development Team
January 27, 2026Celtic Capital Corporation is pleased to announce the expansion of our client development team with the addition of Stephen (Steve) Trefzger and Michael (Mike) Haas; both Senior Vice Presidents. Each has extensive experience and expertise in the industry and strong relationships in the communities in which they serve.
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PRN Funding Selects XEN as its End-to-End Factoring Software Platform
January 27, 2026XEN, a leading origination and management platform for factors and commercial lenders, today announced that PRN Funding, celebrating 25 years as a factoring industry leader, has selected XEN as its end-to-end factoring software platform.
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Economist Dr. Hans Leonard Joins BRG as Director in Energy & Climate Practice
January 27, 2026BRG announced today that Dr. Hans Leonard, a former economist at the Federal Energy Regulatory Commission (FERC), has joined the firm as a director in its Energy & Climate practice. Based in Washington, DC, Dr. Leonard will help build the group’s energy regulatory practice and advise on complex disputes involving market design, anticompetitive behavior, pricing, tariff interpretation, cost allocation, and damages.
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B. Riley Securities Acts as Joint Lead Bookrunner in WhiteFiber $230 Million Convertible Senior Notes Offering
January 27, 2026B. Riley Securities, Inc. (“BRS” )today announced that it served as joint lead bookrunner on an upsized $230 million private placement of convertible senior notes for WhiteFiber, Inc. (Nasdaq: WYFI), including the full exercise of the offering overallotment option.
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Versant Funds $5 Million Non-Recourse Factoring Facility to Manufacturer
January 27, 2026Versant Funding LLC is pleased to announce that it has funded a $5 million non-recourse factoring facility to a company that manufactures products for a large customer base which includes one of America’s largest municipalities.
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MidCap Business Credit LLC (“MBC”) Closes $12 Million Edit Facility for a Sponsor-Owned Distributor of Specialty Chemicals and Materials
January 27, 2026MidCap Business Credit LLC (“MBC”) is pleased to announce the closing of a $12 million asset-based credit facility for a sponsor owned distributor of specialty chemicals and materials. The credit facility is comprised of a working capital revolver and a machinery and equipment term loan. The credit facility will be used to support the company’s working capital needs and refinance the existing debt.
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HarbourVest Partners Closes Structured Solutions Vehicle for Private Market Secondaries
January 27, 2026HarbourVest Partners, a global leader in private markets investing, today announced the closing of HarbourVest Partners Structured Solutions 2025, an investment vehicle with the capacity to invest $1.1 billion into diversified secondary investments in private equity and private credit.
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New State Capital Partners Launches Forge Select, Adds Sanjay Gupta to Lead Non-Control Investment Strategy
January 27, 2026Lower middle market specialist New State Capital Partners ("New State") today announced the launch of Forge Select, a dedicated non-control investment strategy focused on partnering with leading independent sponsors. Forge Select builds on New State's long-standing presence in the independent sponsor market and expands the firm's ability to partner with these groups.
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Wells Fargo Names Faraz Shafiq as Head of AI Products and Solutions
January 27, 2026Wells Fargo & Company (NYSE: WFC) today announced the appointment of Faraz Shafiq as Head of AI Products and Solutions, effective Feb. 9. This move demonstrates the bank’s commitment to leveraging artificial intelligence (AI) to shape the future of financial services and transform how it works to deliver for employees, customers, and communities.
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Haynes Boone Names Deborah Low and Brent Shultz as New Fund Finance Co-Heads
January 27, 2026Haynes Boone is pleased to announce the expansion of its Fund Finance Practice Group leadership team with the appointment of Deborah Low and Brent Shultz as co-heads. The promotions reflect the continued momentum of the group, which has grown to more than 75 attorneys across the firm and is poised for further growth to meet the challenges of a dynamic and rapidly evolving fund finance market.
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Legacy Corporate Lending Appoints Jason King as Vice President of Finance
January 26, 2026Legacy Corporate Lending, LLC (“Legacy”), an independent asset-based lending (ABL) company focused on serving the needs of middle market companies across North America, today announced that it has appointed Jason King as the Company’s Vice President of Finance. Mr. King will report to Legacy Chief Executive Officer, Clark Griffith and will play a key role in shaping the financial strategies of the company.
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Beauty Brand Pat McGrath Labs Files Chapter 11 Bankruptcy
January 26, 2026After a decade of press powders and sharply pigmented shadow, Pat McGrath Labs is filing for bankruptcy. The company, founded by namesake makeup artist Pat McGrath in 2015, filed for Chapter 11 bankruptcy on Jan. 22, according to court documents reviewed by USA TODAY. Filing in the Southern District of Florida, the company listed over $50 million in liabilities.
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JPalmer Collective Expands Leadership Team with Appointment of Elena Goynatsky as Senior Vice President, Portfolio Manager
January 26, 2026JPalmer Collective (JPC), an asset-based lending firm focused on funding high-growth, women-led, and natural products companies, today announced the appointment of Elena Goynatsky as Senior Vice President, Portfolio Manager, further strengthening the firm’s leadership team as it continues to scale.
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Republic Business Credit Supports National Pharmaceutical Manufacturer with $6 Million Asset-Based Loan
January 26, 2026Republic Business Credit provided a $6 million asset-based loan to a pharmaceutical manufacturer during a crucial transition period. The flexible financing includes a $10 million accordion feature, providing scalable capital that the manufacturer can grow into as it looks to a bright future.
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Gabriela Lee Joins Austin Financial Services as Relationship Manager
January 26, 2026Austin Financial Services, Inc. is pleased to announce that Gabriela Lee has joined the AFS team as Relationship Manager. In this role, Gabriela will play a key role in delivering an exceptional client experience by building and maintaining strong relationships with clients while actively managing portfolio risk.
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Textile-Embellishment Assets Go to Auction in Multistate Tiger Group Sale
January 26, 2026Tiger Group today announced plans to auction a wide array of advanced embellishment equipment used in the production of everything from T-shirts to shower curtains. Bidding in the timed, online auction at SoldTiger.com opens on Thurs., Jan. 29, at 10:30 a.m. PT and closes on Thurs., Feb. 5, at 10:30 a.m. PT.
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nFusion Capital - A Year of Smart Execution
January 26, 2026nFusion Capital delivered exceptional results in 2025, growing its portfolio by over 50%. As the firm has scaled, it is targeting larger middle market companies with complex financing needs while still maintaining its foundational support for growth-focused small businesses, with deal sizes ranging from $500,000 to $30 million.
The Secured Lender
SFNet's The Year Ahead Issue
© 2025 Secured Finance Network


