- M&T Bank Names Denise Viola Monahan as Regional President for Philadelphia and Southern New Jersey
- RelPro Named to Inc.’s List of Fastest-Growing Companies in the Northeast for Fifth Straight Year
- Rosenthal Capital Group Closes Five ABL Transactions Across Multiple Industries Totaling $18 Million
- Quickpay Funding Provides $200,000 Factoring Facility to Fresh Produce Wholesaler Ahead of Peak Season
- EBSC Lending Closes $18.8 Million Value-Add Loan for 146-Unit Apartment Community in Fairview, Oregon
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
Today's Top Story
Featured
Runway Growth Capital Announces a Senior Secured Term Loan of $45 Million to Nalu Medical
Runway Growth Capital LLC ("Runway"), a leading provider of growth loans to both venture and non-venture-backed companies seeking an alternative to raising equity, today announced the close of a senior secured term loan of $45 million to Nalu Medical, Inc. ("Nalu"), a privately held medical device company focused on innovative and minimally invasive solutions for chronic neuropathic pain.
TSL Express Trending Story
Featured
What Happened in 2020? The New Paradigm for Asset-Based Lenders in a Chapter 11 Case and What Should (Can) They Do About It?
To say a lot happened in 2020 doesn’t begin to capture what the year brought. In the economy, this included a significant increase in Chapter 11 filings for larger businesses from filings in 2019, particularly in retail. And for asset-based lenders it included a significant shift in their role in the larger bankruptcies. Asset-based lenders faced real challenges how to best protect their position and enhance the likelihood of a successful outcome. Confronted with a landscape that requires a new map to navigate, we look at what happened, how it happened and, most importantly, what should (or can) the asset-based lender do about it?
TSL Express Daily Headlines & News
-
J.Jill, Inc. Completes Refinancing of ABL Credit Facility
May 11, 2023The new facility comes in the form of the sixth amendment to the ABL Credit Agreement with CIT, a division of First Citizens Bank, as the administrative and collateral agent. The facility is comprised of a $40 million revolving credit facility maturing in May 2028.
-
Gridiron Capital Announces the Acquisition of CURREX by Foundation Wellness
May 11, 2023CURREX distributes high-performance insoles for athletes and active individuals, using innovative technology to tailor insoles to the user’s specific needs. Founded in Hamburg, Germany in 2000, their products are trusted by professional athletes and coaches worldwide to improve performance, reduce injury risk, and enhance foot comfort.
-
Pinnacle Capital Finance Provides a $2 Million Line of Credit to a California Building Restoration Company
May 11, 2023Pinnacle Capital Finance is proud to announce the issuance of a $2MM AR line of credit to a Central California based building restoration business. The company provides critical emergency repair, remediation and restoration services throughout the Sacramento and San Joaquin Valleys.
-
McGuireWoods Boosts Debt Finance, Private Equity Capabilities With Dayan Rosen
May 11, 2023Dayan Rosen, a skilled deal lawyer with experience advising lenders and private equity clients in acquisition financings, has joined McGuireWoods as a partner in downtown Los Angeles.
-
Associated Bank Welcomes Nicolas Goehring to its Equipment Finance Team in Minneapolis
May 11, 2023Nicolas “Nick” Goehring has joined Associated Bank as senior vice president & portfolio manager lead, corporate banking. He is responsible for the administration and risk management of client relationships, as well as the credit risk and quality of the overall equipment finance portfolio.
-
Lendbuzz Partners with RBC and Expands Warehouse Facility by $125 Million
May 11, 2023The expansion increases the company’s capacity and ability to grow the number of borrowers its proprietary, AI based auto finance platform serves.
-
Symbiont.io Pursues Sale of Assets
May 11, 2023Symbiont.io, a technology pioneer solving complex global finance problems using enterprise blockchain solutions that was formed in 2013, announced the company is soliciting offers for a sale of its assets.
-
Rebecca Goodman-Stephens Joins Moses Singer as Its First CEO
May 11, 2023Moses Singer LLP is pleased to announce the arrival of Rebecca Goodman-Stephens as the firm’s first Chief Executive Officer.
-
BankUnited Announces New Corporate Banking Team In New York
May 11, 2023BankUnited Inc. (NYSE: BKU) has announced the hiring of three financial executives to form a new corporate banking team serving the New York Metropolitan area.
-
Pemberton Strengthens Leadership Team With Appointment of Harriet Steel
May 10, 2023Pemberton, one of the leading alternative credit managers, today announces the appointment of Harriet Steel. She joins the firm as Partner and Head of Global Clients.
-
Alvarez & Marsal Expands its Business in The Portuguese Market, Opening an Office in Lisbon
May 10, 2023The Portuguese team will be led by Managing Director Mário Trinca, bringing 30 years of management and technology consulting experience in banking and insurance across three continents, leading a variety of projects that combine extensive end-to-end knowledge of business processes with technological enablers.
-
Stellus Provides Unitranche Financing in Support of Bishop Lifting Products’ Add-On Acquisition of General Work Products
May 10, 2023Stellus Capital Management, LLC (announced today that its affiliates provided senior debt financing and an equity co-investment in support of Bishop Lifting Products, Inc. (“BLP” or the “Company”), a portfolio company of Altamont Capital Partners.
-
TAB Bank Provides Commercial Geoscience Company in Alaska with a $2 Million Asset-Based Credit Facility
May 10, 2023TAB Bank is pleased to announce it has provided a geoscience company in Alaska with a $2 million asset-based credit facility. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs.
-
Alleon Healthcare Capital Provides a $1 Million Medical Accounts Receivable Factoring Facility to a Pennsylvania Durable Medical Equipment Healthcare Provider
May 10, 2023Alleon Healthcare Capital (“Alleon”), a specialty finance company focused on providing healthcare accounts receivable financing, medical accounts receivable factoring, and cash flow solutions to medical providers in the U.S., recently closed a $1,000,000 medical accounts receivable factoring facility with a Durable Medical Equipment company in Pennsylvania (“Company”).
-
Judges Announced for CohnReznick’s Gamechangers in ESG Awards Program
May 10, 2023CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States and a leader in industries driving ESG and sustainability for decades, is announcing the opening of its second annual Gamechangers in ESG Awards program.
-
Tide Rock Secures $100 Million Line of Credit for Working Capital and Expansion
May 10, 2023Tide Rock, a growth-oriented holding company of diverse, economically resilient B2B businesses, today announced that its investment vehicle, Tide Rock YieldCo, LLC, has secured a $100 million syndicated revolving loan facility from California Bank & Trust (CB&T), a division of Zions Bancorporation, CIBC Bank USA, and Manufacturers Bank.
-
Kolibri Global Energy Inc. Announces Bank Line Increase to US$40 Million
May 10, 2023Kolibri Global Energy Inc. is pleased to announce that its indirect wholly owned subsidiary BNK Petroleum (US) Inc. has obtained an increase in its Borrowing Base from US$25 million to US$40 million on its revolving line of credit from BOK Financial.
-
Armory Securities, LLC Announces the Sale of National Railway Equipment Co.
May 10, 2023Armory Securities, LLC is pleased to announce the sale of National Railway Equipment Co. The transaction closed on May 2, 2023. Armory served as the exclusive financial advisor to the company for the transaction.
-
MPOWER Financing Closes a $150 million Financing Facility with Goldman Sachs to Support International Students' Education
May 10, 2023MPOWER Financing, a mission-driven fintech firm and a leading provider of non-cosigned loans to promising students from around the world, announced that it recently closed a $150 million revolving asset-backed warehouse facility with Goldman Sachs.
-
Senior Loan Officer Opinion Survey on Bank Lending Practices
May 10, 2023The April 2023 Senior Loan Officer Opinion Survey on Bank Lending Practices (SLOOS) addressed changes in the standards and terms on, and demand for, bank loans to businesses and households over the past three months, which generally correspond to the first quarter of 2023
The Secured Lender
SFNet's The Women in Secured Finance Issue
© 2026 Secured Finance Network
