- TradeCap Partners Provides $1 Million Purchase Order Finance Import Facility to Private Label Apparel Manufacturer
- Francisco Partners Completes Acquisition of Weave
- Specialist Telecom Expertise Behind TowerCap's New $1.7 Million Factoring Deal
- J D Factors Provides $9 Million in New Factoring Facilities in September
- Getty Images Advances Financial Restructuring to Strengthen Balance Sheet and Support Future Growth
TSL Express Daily Articles & News
To submit company news and press releases to TSL Express, email tslexpress@sfnet.com.Today's Top Story
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Sue Duckett Joins Republic Business Credit as Executive Vice President, Head of Factoring
Republic Business Credit announced that industry veteran Sue Duckett has joined the company as Executive Vice President, Head of Factoring. As a key member of the executive leadership team, Duckett will oversee the recourse factoring portfolio and drive strategic factoring acquisitions, a role that is pivotal to Republic’s accelerated growth trajectory.
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A Market of Contrasts: ABL Closes 2025 Strong Amid Slowing Growth and Structural Shifts
The asset-based lending (ABL) market ended 2025 with a familiar paradox: strong activity paired with rising uncertainty. On one hand, the Secured Finance Network’s Q4 and Full-Year 2025 ABL Survey shows a market that remains fundamentally healthy, characterized by stable credit performance, steady utilization, and continued lender confidence. On the other, a combination of slowing economic growth, policy volatility, and structural changes in deal flow suggests that the industry is entering a more complex phase.
TSL Express Daily Headlines & News
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Loeb & Loeb Adds Leading Real Estate Finance Partner Ryan McCaffrey
June 29, 2026Loeb & Loeb is pleased to announce the arrival of Ryan McCaffrey as partner in the New York office. McCaffrey brings more than 20 years of experience in real estate and financial services. He is a trusted advisor to developers, lenders and investors, representing clients in everything from the capitalization and financing of projects to the successful execution of buying, entitling, building, managing, leasing and selling real estate, and restructuring debt secured by real estate.
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Chou joins CohnReznick as Asset Management & Financial Services Partner
June 29, 2026CohnReznick, a leading professional services firm, today announced that Jenn Chou has joined the firm as a Partner in its Asset Management & Financial Services practice. Based in San Francisco, CA, Chou is an experienced tax executive with nearly two decades of experience in public accounting and asset management. Her practice focuses on serving clients in the venture capital, private equity, and fund-of-funds sectors.
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Republic Business Credit Provides $2 Million E-Commerce ABL Facility to Emerging Retailer
June 29, 2026Republic Business Credit announced the funding of a $2 million e-commerce asset-based lending facility for an Amazon third-party seller of consumer goods. The facility includes an accordion loan feature up to $5 million, providing the scalable capital to support the independent merchant’s rapid growth trajectory without diluting shareholders’ equity.
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CB&S Bank Recognized by Forbes on 2026 Best Banks in Each State List
June 29, 2026CB&S Bank is honored to be recognized by Forbes on its 2026 Best Banks in Each State list, recognizing the Bank among Alabama's outstanding financial institutions. The recognition reflects CB&S Bank's long-standing commitment to exceptional customer service, financial strength, and community banking excellence.
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SouthStar Capital Closes an Accounts Receivable Financing Facility for Florida Commercial Printing and Embroidery Company
June 29, 2026SouthStar Capital is pleased to announce the closing of an accounts receivable financing facility for a Florida-based commercial printing and embroidery company. With a portfolio of long-standing commercial clients and recurring business on standard net-30 payment terms, the company sought a financing solution that would improve cash flow while eliminating its dependence on higher-cost financing products.
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SFNet Member Spotlight: BDC Capital Corporation
June 29, 2026BDC Capital provides innovative financing to New England businesses that might not be able to obtain all the financing needed from conventional lenders. These businesses might have a collateral shortfall, temporary losses, or high leverage. It provides financing for any business purpose by supplementing bank financing.
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Shoulder Innovations Announces Closing of up to $50 Million Credit Facility
June 29, 2026Shoulder Innovations, Inc. (Shoulder Innovations, or the Company) (NYSE: SI), a commercial-stage medical technology company exclusively focused on transforming the shoulder surgical care market, today announced the closing of two new credit facilities for an aggregate amount of up to $50 million with Stifel Venture Banking.
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King & Spalding Takes Next Major Step in Fund Finance Build-Out, Adding Industry Leader Ron Franklin in New York
June 29, 2026King & Spalding announced today that leading fund finance lawyer Ron Franklin has joined the firm as a partner in its Finance and Restructuring practice group in New York to be a leader of its global fund finance practice. Franklin arrives at the firm soon after partners Andy Bettwy and Jin Joo, who joined the firm earlier this month and previously practiced with Franklin.
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Abacus Finance Sets Sail for Number 16 as Celebratory Regatta Marks a Milestone Anniversary Commemorating 15 Years of Success; Announces the Hiring of Toby Nabavian as an Analyst
June 29, 2026Abacus Finance Group, LLC, a leading provider of cash flow-based senior debt for sponsor-led investments in lower middle market companies, celebrated 15 years in style at the 2026 Abacus Regatta on June 4–5. The two-day event paired a celebratory dinner in the Hotel Viking's Thames Room with an America's Cup 12-Meter Sailing Experience on Newport's waters. Abacus also announced that Toby Nabavian has joined Abacus as an Analyst.
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Holland & Knight Continues Strategic Growth in Boston with Addition of Partner Monica Kwok
June 29, 2026Holland & Knight continues its strategic growth in Boston with the addition from Goodwin of nationally recognized search fund Partner Monica Kwok. The addition of Ms. Kwok follows recent Boston-based arrivals, including Corporate, M&A and Securities Partner David Powers and Partner Katherine Baker, who is leading the Firm's National Gaming Team.
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Gordon Brothers Provides GALERIA up to €160M in Financing
June 29, 2026Gordon Brothers, the global asset experts, has provided GALERIA up to €160 million in financing to support the retailer’s ongoing transformation and business realignment. The asset-based facility provides GALERIA with enhanced liquidity and flexibility to execute its comprehensive transformation plan, which focuses on optimizing its store footprint, refining its assortment strategy and improving operational efficiency.
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Quasar Capital Welcomes Josh Beauvais as Portfolio Manager, Vice President
June 29, 2026Quasar Capital Partners today announced that Josh Beauvais has joined the company as Portfolio Manager, Vice President, strengthening the firm's growing asset-based lending platform.
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SixCap Healthcare Finance Closes $2 Million Asset-Based Lending Facility for Florida Skilled Nursing Group
June 29, 2026SixCap Healthcare Finance announced today the closing of a $2 million asset-based revolving line of credit for a Florida-based skilled nursing facility operator.
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HYPERAMS Announces Major Late-Model Truck & Trailer Fleet Auction
June 29, 2026HYPERAMS is pleased to announce a live virtual auction event featuring a late-model commercial truck and trailer fleet on behalf of a court-approved receiver. The auction presents fleet operators, owner-operators, and equipment buyers with an opportunity to acquire more than 70 premium, late-model transportation assets in a single event.
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JPMorganChase Names Doug Petno and Troy Rohrbaugh Co-Presidents of the Company
June 29, 2026JPMorgan Chase & Co. (NYSE: JPM) (“JPMorganChase” or the “Firm”) announced today that Doug Petno and Troy Rohrbaugh, Co-CEOs of the Commercial & Investment Bank (“CIB”), have been named Co-Presidents of the company, effective immediately. In addition to their new roles, Petno will become sole CEO of the CIB, and Rohrbaugh will become CEO of Consumer and Community Banking (“CCB”).
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Brightwood Capital Advisors Partners with I Love Produce and Promise Holdings on Growth Financing
June 29, 2026Brightwood Capital Advisors, LLC ("Brightwood"), a private credit firm focused on middle-market companies, today announced that it served as lead lender on a new credit facility for I Love Produce (“ILP”), a portfolio company of Promise Holdings, LLC. The financing will support I Love Produce’s continued growth, including future acquisition opportunities. OFS Capital Management, LLC also participated in the financing.
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Pitney Bowes Announces Redemption of 2027 Senior Notes and Upsizing of Term Loan A
June 25, 2026Pitney Bowes Inc. (NYSE: PBI) (“Pitney Bowes” or the “Company”), a technology-driven company that provides digital shipping solutions, mailing innovation, and financial services to clients around the world, today announced that it has redeemed all of its $347 million in aggregate principal amount 6.875% Senior Notes due March 2027 (the “2027 Notes”).
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Cleantek Industries Secures $2 Million Credit Facility for International Expansion and Retires Previous Asset-Based Lending Facility
June 25, 2026Cleantek Industries Inc. (TSXV: CTEK) ("Cleantek" or the "Company"), a leading provider of patented technology solutions that enhance operational performance and reduce costs in the wastewater management and industrial lighting sectors, is pleased to announce it has secured a $2 million senior credit facility with a Canadian financial institution to support the Company's ongoing international growth initiatives and provide additional working capital flexibility.
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H.I.G. Capital Appoints Carlos Couret as Managing Director and Head of Lower Middle Market Private Equity in Spain
June 25, 2026H.I.G. Capital ("H.I.G."), a leading global alternative investment firm with $75 billion of capital under management, is pleased to announce that Carlos Couret will join H.I.G. as a Managing Director and Head of the Spanish Lower Middle Market private equity team.
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Gordon Brothers Leads Major Industrial Asset Sale from Pace Industries with HYPERAMS, Maynards & Die Cast Machinery
June 25, 2026Gordon Brothers, the global asset experts, is facilitating a significant sale of surplus and operational assets from multiple Pace Industries facilities across the United States. This sale represents one of the largest and most diverse die casting and machining asset opportunities to come to market in recent years. The firm is selling the equipment in partnership with Die Cast Machinery, HYPERAMS and Maynards Industries.
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