- Ajay Tailor Joins Cohnreznick as Assurance Partner in Commercial Real Estate
- SLR Business Credit Provides $1.2 Million Senior Secured Asset-Based Credit Facility to Gourmet Mushrooms, Inc., Cultivator of the Premium Mycopia® Brand
- Monroe Capital Hires Simon Wein as Director on Direct Originations Team
- SSG Advises Jackson Hospital & Clinic in its Chapter 11 Plan of Reorganization
- Trafigura Secures USD4.4 Billion Syndicated Revolving Credit Facility and Term Loan Facilities
TSL Express Daily Articles & News
To submit company news and press releases to TSL Express, email tslexpress@sfnet.com.Today's Top Story
Featured
Santander Commercial Banking Appoints Two New Leaders
Santander Bank, N.A. today announced the appointments of Donna Cleary to Market Manager and Jim Bravyak to Head of Underwriting & Portfolio Management. In her new role, Cleary will lead an additional team of bankers to focus on the vast opportunity with middle market companies in the New York City and Long Island markets. Bravyak will assume Cleary’s previous role, leading Underwriting and Portfolio Management.
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
-
AeroFarms Provides Business Update on Restructuring Efforts
July 13, 2023Company To Pursue Sale of Business Under Section 363 of the Bankruptcy Code; Group of Existing Investors to Serve as Stalking Horse Bidder and $10 Million Debtor-in-Possession Financing Secured to Support Ongoing Operations and Chapter 11 Process as Focus Continues on Danville Virginia Farm and Microgreens Products
-
Golub Capital BDC, Inc. Announces $110.7 Million In New Middle-Market Originations for Its Fiscal Year 2023 Third Quarter
July 13, 2023Golub Capital BDC, Inc. ("GBDC") (Nasdaq: GBDC, www.golubcapitalbdc.com), a business development company, today announced that it originated $110.7 million in new middle-market investment commitments during the three months ended June 30, 2023.
-
U.S. Middle Market Remains Resilient
July 13, 2023Middle market private companies in the Golub Capital Altman Index experienced year-over-year earnings growth of 5% and revenue growth of 4% during the first two months of the second quarter of 2023.
-
In Memoriam: John W. Podkowsky
July 13, 2023John Podkowsky of Darien, CT died on Sunday July 9, 2023 peacefully at home. He was 78 years old. John worked in the banking industry for his entire career, including 25 years as an executive for Citigroup’s Corporate Finance division. For the full obituary, please click here.
-
Matrix Advises Apollo Veterinary Medical Hospitals and AVMH Ventures on the Successful Recapitalization and Acquisition of a Portfolio of Pet Supplies Plus Stores
July 13, 2023Matrix Capital Markets Group, Inc. (“Matrix”), a leading independent investment bank, announces that it served as lead advisor on Apollo Veterinary Medical Hospitals and AVMH Ventures’ (“Apollo” or the “Company”) recapitalization and acquisition of a multi-state portfolio of Pet Supplies Plus (“PSP”) retail pet stores.
-
F.N.B. Corporation Promotes Scott Mizerak to Chief Digital Officer
July 13, 2023F.N.B. Corporation (NYSE: FNB) recently announced the promotion of Scott Mizerak to Chief Digital Officer of its banking subsidiary, First National Bank, and its affiliates.
-
Clifford Chance Names Devika Kornbacher as Houston Office Managing Partner
July 13, 2023Kornbacher joined the firm in 2022 as partner and Co-Head of the Clifford Chance Tech Group, a cross disciplinary team of more than 600 lawyers globally advising on Tech risk and opportunity. She is a technology and intellectual property lawyer who leverages her extensive knowledge and experience to assist clients in fields such as software, hardware, energy, sports, aviation, and retail.
-
Citizens Names Mark Lehmann as California President
July 13, 2023Citizens today announced that veteran banking executive Mark Lehmann, chief executive of JMP Group, has been named as its California President to accelerate growth in a key market where the bank has recently added some of the state’s top private bankers.
-
CIBC Innovation Banking Provides Senior Credit Facilities to Medisolv
July 13, 2023CIBC Innovation Banking announced today that it has provided Senior Credit Facilities to support BVP Forge’s strategic investment and fund working capital in Medisolv, a leading healthcare quality management platform.
-
St. Cloud Capital Announces Final Closing On $236 Million Fund IV
July 13, 2023St. Cloud Capital, LLC, a Los Angeles based private investment firm, is pleased to announce the final closing of its fourth fund, St. Cloud Capital Partners IV SBIC, LP ("Fund IV") with total capital commitments of $236 million including leverage from the Small Business Administration. Since its inception in 2001, St. Cloud Capital has managed over $700 million in total capital across its four funds.
-
PGIM Private Capital Provides Nearly $6.7B of Senior Debt and Junior Capital Globally in 1H 2023
July 13, 2023-PGIM Private Capital provided nearly $6.7 billion of senior debt and junior capital to more than 120 middle-market companies and projects globally in the first half of 2023. PGIM Private Capital is a source of private debt for public and private companies and is the private capital arm of PGIM, the $1.27 trillion global investment management business of Prudential Financial, Inc.
-
Polen Capital Mid-Year Credit Outlook: Greater clarity on the Fed and fundamentals still intact
July 13, 2023Polen Capital’s high-yield team has published their Leveraged Credit Mid-Year Review and Outlook, with insights on a tumultuous 2023 so far and what a contracting economy could mean for investors.
-
Lighthouse Provides $4,500,000 Credit Facility to NC Fabricator of Hard Surfaces, Glass & Accessories
July 13, 2023Lighthouse Financial Corp. is pleased to announce the completion of a $4,500,000 credit facility to a North Carolina-based premier fabricator of hard surfaces, glass, and accessories. Founded in 1990, the company is one of the largest manufacturers and installers of natural and engineered surfaces for the kitchen and bath in the Southeastern United States.
-
Culain Capital Funding Closes $4.5MM Factoring Facility for Florida-based Communications Equipment Company
July 13, 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 $4,500,000 factoring facility for a Florida-based Command and Control (C2) Equipment Reseller, Integrator and distributor in the defense industry.
-
US-Based Beverage Company Seizes Growth Opportunity with Prestige Capital's Invoice Financing
July 13, 2023A US-based beverage company's bank no longer supported the client when their inventory needs grew beyond the bank’s lending formula. An asset-based lender who offers inventory, purchase order financing, as well as invoice financing came to an agreement with the client on a replacement facility.
-
J D Factors Announces new Factoring Facilities
July 13, 2023Some of these facilities include: A 1,500,000 factoring facility for a transportation company in Illinois. A $600,000 factoring facility for a transportation company in North Dakota. A $350,000 factoring facility for a transportation company in Alberta.
-
J D Factors Announces new Factoring Facilities
July 13, 2023J D Factors provided $10,275,000 in new factoring facilities to 29 new clients in the US and Canada during the month of June.
-
J D Factors Announces new Factoring Facilities
July 13, 2023J D Factors provided $10,275,000 in new factoring facilities to 29 new clients in the US and Canada during the month of June. Some of these facilities include: A $300,000 factoring facility for a transportation company in California. A $500,000 factoring facility for a transportation company in Nevada.
-
J D Factors Announces new Factoring Facilities
July 13, 2023J D Factors provided $10,275,000 in new factoring facilities to 29 new clients in the US and Canada during the month of June. Some of these facilities include: A $300,000 factoring facility for a transportation company in California. A $500,000 factoring facility for a transportation company in Nevada.
-
nFusion Capital Provides $20 Million to Fund Growth
July 13, 2023A leading innovator and provider of services & solutions for intelligent transportation systems in North America, this company is one of the top four companies in their space in the U.S., and its parent is one of the top three players in Europe.
The Secured Lender
SFNet's Great Places to Work Issue
© 2026 Secured Finance Network
