- TSL Feature Articles
- BHI Provides $20 Million Capital Call Line to Triangle Capital Group
- i80 Group and Brim Partner to Offer Funding-as-a-Service With $300 Million Credit Facility
- TD Bank Streamlines Regional Structure to Accelerate Growth and Strengthen Market Alignment
- nFusion Capital Provides $3M Factoring Facility for Commercial Maintenance Company
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
Today's Top Story
Featured
LSQ Creates $18MM Facility, AR Management Program for Home Lighting Fixtures Distributor
LSQ, a leading provider of working capital finance andpayments solutions, recently originated an $18 million credit facility for a distributor of lighting and ceiling fans serving big-box retailers nationwide. The facility includes both accounts receivable and inventory financing.
The company will use the additional capital to fund growth, innovation, new designs and improve existing products and services.
TSL Express Trending Story
Featured
UK Law: What should Secured Lenders be Doing now to Prepare for the New Moratorium?
Richard Hawkins, Georgia Quenby and John Alderton provide an overview of the potential impacts of the New Moratorium and consider actions that Secured Lenders may wish to consider in preparation.
(Editor’s Note: SFNet will be hosting a Webinar on UK Insolvency Reform: What Secured Lenders Need to Know, which will include the authors and other experts on June 10 at 11 AM ET.)
TSL Express Daily Headlines & News
-
SEC Regional Director David Peavler Joins Jones Day as Partner in Securities Litigation & SEC Enforcement Practice
December 5, 2022The global law firm Jones Day announced today that David Peavler, Director of the U.S. Securities and Exchange Commission (SEC)’s Fort Worth Regional Office, will join Jones Day as a partner in its Securities Litigation & SEC Enforcement Practice based in the Firm’s Dallas and Washington Offices. Mr. Peavler served for the last three years as Regional Director for the SEC office that covers Texas, Oklahoma, Arkansas and Kansas.
-
Robbins Huddleston to Co-lead CohnReznick’s Manufacturing & Distribution Practice
December 5, 2022CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that Helana Robbins Huddleston is joining Henrietta Fuchs as co-leader of the firm’s Manufacturing & Distribution practice. Together, they will help to drive practice growth and address the expanding needs of clients.
-
CIT Northbridge Credit Provides $27.78 Million Credit Facility to Applied Optoelectronics
December 5, 2022CIT, a division of First Citizens Bank, today announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as agent on a $27.78 million credit facility for Applied Optoelectronics, Inc. (NASDAQ: AAOI), a leading provider of fiber-optic networking products.
-
ZCG Consulting Appoints Francesco Meloni as Partner and Head of Strategic Finance
December 5, 2022ZCG Consulting (“ZCGC”), the business consulting platform of ZCG and a results‐oriented management consulting firm for middle market businesses, today announced the hiring of Francesco Meloni as Partner and Head of Strategic Finance.
-
EPI Health, a Novan Company, Executes a $15.0 Million Financing Agreement
December 5, 2022Novan, Inc. (“the Company” or “Novan”) (Nasdaq: NOVN), today announced that EPI Health, LLC, a fully consolidated subsidiary of the Company, has signed an accounts receivable-backed factoring agreement, to support its operations, with Bay View Funding, a wholly owned subsidiary of Heritage Bank of Commerce (Nasdaq: HTBK).
-
Wilmington Trust Announces 5 Key Hires to CLO Trustee & Loan Administration Division
December 5, 2022Wilmington Trust, the leader in corporate, institutional, and global capital market services, today announced five new team members have joined the CLO division – Ann Cung, Jeremy Edmiston, Jack Lindsay, Ana Perkovic and Wolf Thiele. This marks 22 hires thus far in 2022, as the division continues its commitment to attracting top talent to service the thriving CLO marketplace and growing Wilmington Trust client base. They will report directly to Richard Britt, CLO Product Division Leader.
-
EVERTEC Announces Refinancing of Credit Facilities
December 5, 2022EVERTEC, Inc. (NYSE: EVTC) (“EVERTEC” or the “Company”) today announced that the Company successfully refinanced its existing credit facilities on December 1, 2022. The new credit facilities consist of an expanded $200 million revolving credit facility and a $415 million term loan A, both of which are due on December 1, 2027. Proceeds from the new term loan and a $50 million draw on the revolving credit facility were used to repay in full the Company’s existing term loan A and term loan B.
-
BMO Completes Acquisition of Radicle Group Inc.
December 5, 2022Bank of Montreal (BMO) (NYSE: BMO) (TSX: BMO) announced today it has completed the acquisition of Radicle Group Inc., a Calgary-based leader in sustainability advisory services and market-based solutions, and technology-driven emissions measurement and management. Radicle's management team and staff will join BMO Capital Markets' Global Markets group, effective immediately.
-
Brusgul Joins CohnReznick as Managing Director, ESG
December 5, 2022CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that Jenny Brusgul has joined the firm’s rapidly growing Global Consulting Solutions practice as Managing Director and ESG Practice Leader. In this newly created role, Brusgul will help CohnReznick clients manage ESG risk and develop and implement ESG strategies that deliver value to their stakeholders.
-
Axiom Bank, N.A. Expands ABL Team In California
December 5, 2022xiom Bank, N.A., a Maitland-based bank, has expanded its team with the hiring of Cheryl Hollingshead as Senior Vice President, Business Development Officer in its asset-based lending division headquartered in Dallas. Hollingshead brings over 20 years of experience in asset-based lending and commercial finance. In this new role with Axiom Bank’s Commercial Finance division, she will oversee development of business in the Western United States.
-
SilverCrest Announces US$120 Million Debt Refinancing Package, Reduction of Overall Debt and Lower Cost of Capital
December 2, 2022SilverCrest Metals Inc. ("SilverCrest" or the "Company") is pleased to announce that it has refinanced its US$120 million secured project financing facility, of which only US$90 million was drawn, with a new US$120 million senior secured credit facility (the "Credit Facility") through a syndicate of lenders comprised of The Bank of Nova Scotia (the "Administrative Agent") and Bank of Montreal.
-
Horizon Technology Finance Provides Venture Loan Facility to Groundspeed Analytics
December 2, 2022Horizon Technology Finance Corporation (NASDAQ: HRZN) (“Horizon”), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries, announced today it has provided a venture loan facility to Groundspeed Analytics, Inc. (“Groundspeed”).
-
NexBank Capital, Inc. Promotes Rhett Miller to Chief Banking Officer
December 2, 2022Miller served as Chief Credit Officer since 2013 when he joined the company. In his new role, he will be responsible for the institutional and commercial banking divisions. Miller will retain oversight of the bank's credit related activities and continue to serve as a member of the Investment, Finance, Credit, and Enterprise Risk Management Committees.
-
Newtek Receives Approval From the OCC to Acquire National Bank of New York City
December 2, 2022Upon the close of the Acquisition, NBNYC will be renamed Newtek BankTM, National Association (“Newtek Bank, N.A.”) and Newtek’s current portfolio companies Newtek Business Lending, LLC and Small Business Lending, LLC will be contributed to Newtek Bank, N.A.
-
Park Hotels & Resorts Inc. Completes Upsize of Revolving Credit Facility to $950 Million and Extends Maturity to 2026
December 2, 2022The Company’s Credit Facility was jointly arranged by Wells Fargo Securities, LLC, BofA Securities, Inc., JPMorgan Chase Bank, N.A., PNC Capital Markets LLC, and Truist Securities, Inc., with Wells Fargo Bank, N.A. acting as Administrative Agent, Wells Fargo Securities, LLC, BofA Securities, Inc. and JPMorgan Chase Bank, N.A. acting as Joint Bookrunners, and Bank of America, N.A. and JPMorgan Chase Bank, N.A. acting as Co-Syndication Agents. PNC Bank, National Association, Truist Bank, Morgan Stanley Senior Funding, Inc. and Goldman Sachs Bank USA, served as Co-Documentation Agents.
-
New York Community Bancorp, Inc. Completes Acquisition of Flagstar Bancorp, Inc.
December 2, 2022New York Community Bancorp, Inc. (NYSE: NYCB) (the "Company" or "NYCB") announced that its acquisition of Flagstar Bancorp, Inc. ("Flagstar" or "FBC") was completed earlier today, creating a regional banking franchise ranking among the top 25 banks in the country based on total assets. In accordance with the Agreement and Plan of Merger dated April 24, 2021, as amended on April 26, 2022 and October 27, 2022 by and among the Company, Flagstar, and 615 Corp. (the "Merger Agreement"), Flagstar merged with and into the Company and Flagstar Bank, FSB now operates as Flagstar Bank, N.A., with New York Community Bank having merged into Flagstar Bank, N.A.
-
MUFG Announces Completion of the Sale of MUFG Union Bank to U.S. Bancorp
December 2, 2022On September 21, 2021, MUFG and MUFG Bank, a core banking subsidiary of MUFG, announced an agreement[1] to sell all shares of MUFG Union Bank, N.A. (“Union Bank”), MUFG’s subsidiary owned through MUFG Americas Holdings Corporation (“MUAH”), to U.S. Bancorp (“USB”).
-
Tradecycle Capital Delivers Three New Accounts Payable Finance Facilities in November
December 2, 2022The first is a $3,000,000 limit to a private equity-backed market leader in commercial concrete construction. The second is a $3,500,000 limit to a fourth-generation family-owned designer, manufacturer, and distributor of a broad range of home storage products. The third is a $500,000 limit to a family-owned manufacturer of components for the RV industry.
-
Mazars Acquires Boston-based Samet & Company PC
December 1, 2022Mazars, a leading audit, tax and advisory firm in the US, today announced it acquired Boston-based accounting firm Samet & Company PC. Following the acquisition, Mazars gained five partners, three managing directors and 65 new professionals.
-
Triumph Bancorp Rebrands to Triumph Financial
December 1, 2022Triumph Bancorp, Inc. today announced the completion of an extensive rebranding effort, including a change of the company name to Triumph Financial, Inc. (the “Company” or “Triumph Financial”). Prior to the market open on Dec. 2, 2022, the Company’s common stock will begin trading on NASDAQ under the ticker symbol “TFIN.” This will replace the Company's current ticker symbol for its common stock “TBK,” which has been used since its initial public offering in November 2014.
The Secured Lender
SFNet's The 81st Annual Convention Issue
.jpg?sfvrsn=f1093d2a_0 "#3 -_ 1 (1)")
© 2025 Secured Finance Network
