- Superior Group of Companies Amends and Extends $200 Million Senior Secured Credit Facilities
- Gateway Trade Funding Provides More Than $3.4 Million in Stretch Finance Facilities Across North America in Just 10 Days
- BRG Expands Securities and Financial Markets Capabilities with Addition of Dr. Andria van der Merwe
- CB&I Announces Successful Upsizing and Closing of $625 Million Senior Secured Credit Facility
- Ordway Secures $20M in Growth Capital to Accelerate AI Roadmap
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
Today's Top Story
Featured
CELEBRATION, FL (December 14, 2022) – AmeriFactors Financial Group, LLC, provided $60,000,000 in accounts receivable financing to a communications contractor to assist their business through a heavy growth stage. The client will be building out the infrastructure for a large telecom company. Along with increasing their available capital, they will have the advantage of AmeriFactors accounts receivable management services.
TSL Express Trending Story
Featured
Tim Knight is the vice president and senior managing partner with ThinkingAhead, where he is responsible for operations, training and recruiting for the firm. He also leads the partner group that heads up the firm’s Commercial Banking and Commercial Finance, Legal, Life Sciences and Security/Physical infrastructure search practices.
This is Tim’s 25th year in executive search. Prior to joining ThinkingAhead, he was with Southwestern Advantage as a District Sales Manager recruiting and training salespeople. Including his college summers, Tim has been with Southwestern Family of Companies for 35 years. In his 24 years with ThinkingAhead, he has personally filled over 400 engagements for clients and his teams over 2300 professionals placed with client companies and is the all team leader in personal production for ThinkingAhead.
TSL Express Daily Headlines & News
-
J D Factors Announces Factoring Facilities to 23 New Clients
September 11, 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. Some of these facilities include: a $200,000 factoring facility for a fiberoptic installation company in Quebec; a $500,000 factoring facility for a transportation company in California; a $2,000,000 factoring facility for a staffing company in Georgia.
-
Global Net Lease, Inc. Announces $500 Million Credit Facility Accordion
September 7, 2023Global Net Lease, Inc. ("GNL" or "the Company") (NYSE: GNL/ GNL PRA / GNL PRB) announced today that a consortium of banks have provided an indicative commitment to KeyBank National Association, in its capacity as lead arranger and administrative agent under a confidential mandate letter executed in favor of the Company, to provide funding for a $500 million expansion of GNL's credit facility
-
Pathlight Capital Serves as Documentation Agent for Beyond Finance on $635MM Credit Facility Upsize
September 7, 2023Pathlight Capital LP ("Pathlight") announced it is serving as the Documentation Agent on a senior secured delayed-draw term loan facility (the "Credit Facility") for Beyond Finance, LLC ("Beyond" or the "Company"), a provider of success fee-based debt resolution services. The Credit Facility was recently increased from $400 million up to $635 million with proceeds used to support the Company's ongoing operations and enhance their growth initiatives.
-
U.S. Bank Names Shruti Patel Chief Product Officer for Business Banking Segment
September 7, 2023Shruti Patel has joined U.S. Bank as chief product officer for the business banking segment. In this key leadership role within the Consumer and Business Banking group, she will be responsible for delivering an integrated product strategy that connects banking, payments and software for business clients with up to $25 million in revenue.
-
CIT Northbridge Provides $55 Million in Exit Financing to National CineMedia LLC
September 7, 2023First Citizens Bank today announced that CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management, LLC, provided a $55 million revolving credit facility to National CineMedia LLC to support their emergence from Chapter 11 bankruptcy.
-
Access Capital, Inc. Announces William Palmer's promotion to Collateral Analyst, Team Leader
September 7, 2023As part of our growth initiatives, ongoing commitment to the success of our clients, and recognition of his skills, Access Capital is delighted to announce that William (Bill) Palmer has been promoted to the role of Collateral Analyst & Team Leader.
-
Monroe Capital Supports Specialized Packaging Group’s Acquisition of Protective Packaging Solutions
September 7, 2023Monroe Capital LLC announced it acted as administrative agent and joint lead arranger on the funding of a senior credit facility to support the acquisition of Protective Packaging Solutions (“PPS”) by Specialized Packaging Group (“SPG”). SPG is an existing portfolio company of Altamont Capital Partners.
-
Polen Capital Launches Inaugural Credit Interval Fund
September 7, 2023Polen Capital, a global asset manager, today announced the launch of the Polen Credit Opportunities Fund (“Fund”) (PCOFX), Polen’s first interval fund offering. The Fund, a flexible and high-conviction credit product that aims to provide investors with high current income, attractive risk-adjusted returns, and diversified credit exposure, pursues a strategy that has been managed by Polen since 2010.
-
Mochizuki Joins CohnReznick as Transaction Advisory Services Partner
September 7, 2023CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that Greg Mochizuki has joined the firm as a partner in its burgeoning Transaction Advisory Services practice. He will be focused on growing CohnReznick’s transactions practice in the technology sector and is based in the Bay Area.
-
Armory Securities, LLC Announces that LeVecke Corporation Successfully Completed $79 Million of Refinancing
September 7, 2023Armory Securities, LLC is pleased to announce that LeVecke Corporation (“LeVecke”) has successfully completed $79 million of refinancing. Armory served as exclusive financial advisor and placement agent to LeVecke for the transaction.
-
Ronnie Bloom to Expand FGI Finance Footprint in Western United States
September 6, 2023FGI Worldwide LLC (www.FGIWW.com) (“FGI”) announced today that Ronnie Bloom, Managing Director, will expand his business development efforts to the Western U.S. Mr. Bloom will remain involved in Canadian transactions as he develops and nurtures partnerships in California, the Pacific Northwest, and Texas.
-
REC Signs $100 Million Foreign Currency Term Loan Agreement with EXIM Bank
September 6, 2023New Delhi: REC Limited on Wednesday informed that it has signed a foreign currency term loan agreement for USD 100 million, with Export Import Bank of India (EXIM Bank). As per the company, the said loan will be used towards refinance for on-lending to REC’s borrowers in power, infrastructure and logistics sectors for importing capital equipment.
-
BlackRock Capital Investment Corporation Announces Credit Agreement Amendment
September 6, 2023BlackRock Capital Investment Corporation (“BCIC”) (NASDAQ: BKCC) today announced that it has entered into an amendment (the “Amendment”) to its $265 million senior secured revolving credit agreement (as amended, including by the Amendment, the “Revolving Credit Facility”). The Amendment, among other things:
-
SG Credit Announces Hiring of Irena Snider as CFO
September 6, 2023SG Credit Partners announced the hiring of Irena Snider as Chief Financial Officer with responsibilities including strategy, capital raising, reporting and building financial infrastructure.
-
Senior Business Development Officer Joins CIBC’s US Asset-based Lending Team
September 6, 2023CIBC today announced it has welcomed a new business development officer to join its Asset-Based Lending team, furthering their commitment to serving middle market clients across the US. Ron Kerdasha joins the team as a managing director and senior business development officer with more than 30 years of industry experience.
-
AmRock Financial Unveils Innovative Redesign Website with new Features for Enhanced User Experience
September 6, 2023AmRock Financial, a leading name in the financial services industry, is excited to announce the launch of its newly redesigned website, offering a seamless, user-friendly intuitive design experience, quick and easy access to essential information and a comprehensive understanding of the company’s products and services.
-
Blank Rome Adds Veteran ESOP Lawyer to Growing Dallas Office
September 6, 2023Blank Rome LLP is pleased to announce that Jason C. Ray has joined the firm as a partner in its Tax, Benefits, and Private Client group in the firm’s new Dallas office. Ray advises employers on the design, implementation, and regulatory compliance of tax-qualified and nonqualified retirement plans with an emphasis on employee stock ownership plans (“ESOPs”). Ray joins Blank Rome from Morgan Lewis.
-
Access Capital Upgrades to Solifi’s SaaS Asset-based Lending Solution
September 6, 2023Solifi™, a global fintech software partner for secured finance, announced that Access Capital, a privately owned asset-based lending firm based in New York City, NY, has upgraded from its on-premise system to Solifi ABL on Open Finance Platform.
-
CohnReznick Extends Offshore Capabilities; Establishes CohnReznick Philippines, Inc.
September 6, 2023CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that it has established a separate affiliate, CohnReznick Philippines, Inc. as part of an ongoing expansion of its offshore services and capabilities.
-
US Capital Global Expands San Francisco Headquarters with Appointment of Vice President Tejal Shah
September 6, 2023US Capital Global is pleased to announce that Tejal Shah has joined the group as Vice President at the group’s global headquarters in San Francisco, California. Ms. Shah brings to US Capital Global a strong background in financial services and asset management, along with expertise in capital raising and fostering high-value relationships.
The Secured Lender
SFNet's 40 Under 40 Awards Issue



