- SFNet Market Pulse
- FCI Announces Appointment of Deputy Secretary General - Betül Kurtuluş
- First Business Bank Promotes Kevin McGraw To Vice President - Asset-Based Lending
- Cambridge Wilkinson Investment Bank Closes $100 Million Credit Facility Upsizing for Specialty Finance Platform
- Trinity Capital Inc. Provides $20 Million in Growth Capital to Emboline, Inc. to Advance Interventional Heart Procedure Technology
TSL Express Daily Articles & News
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CIBC today announced Ramsey Naber, managing director and business development officer, has joined its Asset-based Lending team in the Western Region.
In his role, Naber will be responsible for new deal originations and relationship development in the Western Region. Prior to joining the Bank, Naber served as Asset Based Finance Group Manager at East West Bank in Pasadena, California.
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A global thought leader on monetary policy, economics and finance, Danielle DiMartino Booth founded Quill Intelligence LLC and is their CEO & Chief Strategist. This is a research and analytics firm which publishes The Daily Feather and the Weekly Quill.
To build Quill Intelligence, she brought together a core team of investing veterans to analyze trends and provide critical analysis on what is driving the markets – both in the United States and globally.
DiMartino Booth set out to launch a #ResearchRevolution, redefining how markets intelligence is conceived and delivered with the goal of not only guiding portfolio managers, but promoting financial literacy.
Since its inception, commentary and data from The Daily Feather have appeared in financial media such as Bloomberg, CNBC, Fox Business, Institutional Investor, Yahoo Finance, The Wall Street Journal, MarketWatch, Seeking Alpha, TD Ameritrade, TheStreet.com, and more.
She will be speaking during SFNet’s Live Online Annual Convention, November 17-19, 2020.
TSL Express Daily Headlines & News
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Culain Capital Funding Closes $750,000 for Specialty Maintenance and Welding Company
March 29, 2023Culain Capital Funding LLC, a specialty finance firm focusing on responsive and efficient funding solutions for small and medium sized businesses in the United States announces the completion of a $750,000 Accounts Receivable Factoring Facility with a privately-owned Specialty Maintenance and Welding Services Company.
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Global Law Firm Norton Rose Fulbright Strengthens Bay Area Presence with Corporate and M&A Partner Yan Zhang
March 29, 2023Global law firm Norton Rose Fulbright announced today that corporate, M&A and securities partner Yan Zhang, who has extensive cross-border transactions experience, has joined its San Francisco office. Coming from Baker Botts, Zhang represents public and private companies in corporate and securities matters along with the financial institutions that invest in or provide services to them.
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TradeCap Partners Provides $1,500,000 Purchase Order Facility to Beauty Products Importer
March 29, 2023TradeCap Partners closed a $1,500,000 purchase order finance facility to a growing, West coast-based beauty products company. The facility will support fulfillment of large retail orders for multiple SKUs.
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Big Shoulders Capital Provides $1MM Term Loan for Plastic Injection Molder
March 29, 2023In early March, Big Shoulders Capital provided a $1MM term loan for a plastic injection molder with an automotive customer concentration. The loan was secured by machinery, equipment, and real estate.
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CIBC Innovation Banking Provides $40M in Growth Capital Financing to Viz.ai
March 28, 2023CIBC Innovation Banking announced today that it has provided $40 million in growth capital financing to Viz.ai to expand the San Francisco-based company’s AI-powered care coordination platform and fuel its expansion, including potential acquisitions.
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CenterPoint Energy Subsidiary Closes $250 Million Credit Facility
March 28, 2023CenterPoint Energy, Inc. (NYSE:CNP) announced today that its natural gas distribution, pipelines and gathering operations subsidiary, CenterPoint Energy Resources Corp. (CERC), recently closed on a $250 million credit facility. This new, three-year credit facility, which closed on March 23, has a fully drawn cost of LIBOR plus 150 basis points at existing credit ratings.
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Sidley Represents Affiliates of Apollo as Lead Left Arranger in US$1.25 Billion TLB Financing for R.R. Donnelley
March 28, 2023Sidley represented Apollo affiliated entities (“Apollo”) in respect of a US$1.25 billion financing to R.R. Donnelley & Sons Company. Apollo served as lead left arranger and administrative agent in the syndicated senior secured Term Loan B transaction.
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US Capital Global Increases Bridge Finance Solutions for Middle Market Businesses
March 28, 2023US Capital Global announced today that it has further expanded its range of custom bridge finance solutions for middle market businesses. Headquartered in San Francisco with primary offices in Dallas, Philadelphia, Miami, London, Milan, Zurich, and Dubai, US Capital Global is a full-service global private financial group with an established track record in corporate finance, asset management, and capital formation services.
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Alimera Improves Capital Structure, Strengthens Balance Sheet and Extends Term Loan Facility
March 28, 2023The term loan amendment provides for an additional tranche of $2.5 million funded at closing to pay final interest and prepayment fees associated with the existing facility, increasing the total term loan to $47.5 million at closing. The amendment extends the maturity date to April 30, 2028, with monthly interest-only continuing to May 1, 2025, when principal amortization begins.
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Nomura Private Capital Launches "Nomura Alternative Income Fund"
March 28, 2023Nomura Private Capital ("NPC") is pleased to announce the launch of its first investment product, the Nomura Alternative Income Fund (NAIFX). NPC's inaugural fund marks a significant milestone in Nomura's global push into private markets - a top priority for the firm. To underline its commitment further, Nomura has provided an initial $100 million to seed this fund.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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
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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.
The Secured Lender
SFNet's The Women in Secured Finance Issue



