- Jones Day’s Growth in Real Assets Continues With Arrival of Commercial Real Estate Transactions Partner Tim Swearingen in New York
- J D Factors Provides $14.7 Million in New Factoring Facilities in May
- J D Factors Provides $14.7 Million in New Factoring Facilities in May
- Haversine Funding Announces Recent Lender Finance Closings and Facility Expansions
- Dykema Adds Financial Services Litigator Brent W. Procida in Washington, D.C.
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
Today's Top Story
Featured
Hilco Global announced today that Ward Mooney, a highly regarded deal originator, lender, and thought leader in the financial services sector, will join the Hilco Global executive leadership team on September 5, 2022. In this new role as Executive Vice President and Senior Advisor, Mr. Mooney will work closely with the Hilco Global senior management team at the holding company while collaborating with the firms operating companies as they continue to grow and expand its diversified suite of financial services solutions.
TSL Express Trending Story
Featured
SG Credit Partners provides situational capital ranging from $1-$10 million for the lower middle market with a focus on non-sponsored businesses. Headquartered in Southern California with offices in Atlanta, Boston, Chicago and Portland, the SG Credit Partners team has provided in excess of $250 million to 150-plus borrowers across a variety of industries and continues to expand its national footprint. Here, Marc discusses SG Credit’s efforts in going from a niche lender to a broader platform in order to better work with asset-based lenders and banks and why they are broadening their scope.
TSL Express Daily Headlines & News
-
King & Spalding Adds Global Investigations Partner Olivia Radin in New York
January 18, 2023King & Spalding announced today that Olivia Radin has joined the firm as a partner on its Special Matters and Government Investigations team. She is based in the New York office. Radin brings a holistic approach to assisting global companies in addressing their challenges by acting as a trusted strategic advisor, conducting internal and regulatory investigations and advising on remediation and compliance enhancements, as well as defending clients during enforcement actions and disputes.
-
eCapital Names Todd Zarin as Chief Legal Officer
January 18, 2023eCapital Corp. (“eCapital” or “the company”), a leading finance provider for businesses across North America and the U.K., today announced the appointment of Todd Zarin as chief legal officer. As part of the executive leadership team, Zarin will oversee eCapital’s in-house legal team and be responsible for all legal operations for the company.
-
Blank Rome Welcomes Bankruptcy and Agribusiness Finance Partner Joseph M. Welch in Orange County
January 18, 2023Blank Rome LLP is pleased to announce that Joseph M. Welch has joined the firm’s Orange County office as a partner in the Finance, Restructuring, and Bankruptcy practice group. A Certified Bankruptcy Specialist by the State Bar of California Board of Legal Specialization with a broad-based bankruptcy practice representing lenders and other creditors, Joseph also dedicates a significant portion of his practice to representing agricultural lenders and advising agribusiness and food companies on a wide range of corporate matters.
-
FrontWell Capital Partners Provides $7.4 Million Senior Secured Credit Facility to Savor Street Foods
January 18, 2023FrontWell Capital Partners Inc. (“FrontWell”) today announced the closing of a US $7.4 million secured credit facility with Savor Street Foods Inc. (“SSF” or the “Company”), a Pennsylvania-based food manufacturer producing an array of health‐conscious pretzel snacks. The facility, comprised of a revolver and a term loan, will be used by SSF to refinance its existing debt, as well as to provide improved liquidity to help meet strong customer demand and support the Company’s growth initiatives, including new brand and product launches.
-
Maxim Commercial Capital Reports Robust 2022 Results
January 18, 2023Maxim Commercial Capital (“Maxim”) announced robust results for 2022, with increased originations each successive quarter. The hard asset secured lender and lessor launched a new credit tier program for truck financings that has proven popular among truck vendors and finance brokers. Maxim provides loans and leases from $10,000 to $3 million secured by class 8 trucks, heavy equipment and real estate for business owners across the nation. It funded purchase financings, equipment leases, working capital, and debt consolidations for customers located in 37 states during 2022.
-
CVCredit Announces Rebranding Under the Name of Exitus Global
January 17, 2023After 20 years with the CVCredit brand and an extensive footprint in the U.S. and Latin America, CVCredit will rebrand under the name of Exitus Global. In February of 2020, CVCredit merged with Exitus Capital, which is as of today, one of the largest commercial finance companies in Mexico (NBFI).
-
Kobes Joins CohnReznick as Managing Director, Value360 – Transactional Advisory
January 17, 2023CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that Laura Kobes has joined the firm as a Managing Director in its Value360 - Transaction Advisory Services practice. Based in Virginia, Kobes will focus on leading and growing the firm’s dedicated Sale and Purchase Agreement (SPA) Advisory practice and on M&A dispute capabilities, both as the neutral arbitrator and as an advisor to buyers and sellers.
-
Lighthouse Provides $6,000,000 Credit Facility to Tennessee Manufacturer and Distributor of Pharmaceutical Products
January 17, 2023Lighthouse Financial Corp. is pleased to announce the completion of a $6,000,000 credit facility to a Tennessee-based manufacturer and distributor of pharmaceutical products. Founded in 2001, the company markets and sells its own branded product lines of enemas, feminine hygiene products, over-the-counter medications, and personal care products. In addition, the company provides contract compounding and packaging for many private label brands.
-
BHI Appoints Nitin Aeri as Head Of Cash Management
January 17, 2023BHI, a full-service commercial bank, announced that it has appointed Nitin Aeri as Head of Cash Management. Aeri brings to BHI more than 20 years of experience in treasury and cash management across commercial, corporate and multinational client segments covering the management of product P&L, sales, risk, payment and collection products and technology, as well as implementation and service processes.
-
North Mill Unveils Powerful New Customer Portal
January 17, 2023North Mill Equipment Finance LLC (“NMEF”), a leading independent commercial equipment lender located in Norwalk, Connecticut, launched its online customer portal, a powerful, feature-rich digital platform designed to help the company’s nearly 15,000 customers self-manage their accounts 24/7.
-
Getzler Henrich & Associates Named One of Top US Outstanding Turnaround Firms Again for 2022 by Turnarounds & Workouts
January 17, 2023Turnarounds & Workouts, the leading news magazine for corporate restructuring professionals, has again recognized Getzler Henrich & Associates LLC, with the prestigious honor of being selected as one of the top U.S. Outstanding Turnaround Firms. Getzler Henrich, founded in 1968, is one of the nation's oldest and most respected names in middle market corporate turnaround and restructuring.
-
Kroll Announces Rachel Posner as Chief Client Officer
January 17, 2023Kroll, the leading independent provider of global risk and financial advisory solutions, announced today the appointment of Rachel Posner as Chief Client Officer and Managing Director in the Growth Team, based in New York. In this newly created role, she will be responsible for global client development and account management strategy and will oversee the strategic expansion of key partnerships.
-
PNC Expands Its Environmental Finance Pledge To $30 Billion
January 17, 2023The PNC Financial Services Group, Inc. (NYSE: PNC) announced today the expansion of its environmental finance commitment to $30 billion. The bank initially announced in August 2021 a commitment of $20 billion over five years in support of environmental finance. Since then, PNC has completed $9 billion in environmental financing for its customers.
-
OBE Power Secures Strategic Funding to Accelerate the Nationwide Expansion of its Electric Vehicle Charging Network
January 17, 2023OBE Power Networks (“OBE Power”) announces the closing of a senior secured funding facility with SUSI Energy Efficiency Fund II, managed by SUSI Partners, a Swiss-based infrastructure investment manager. The facility will support OBE Power in further advancing its unique EV Charging-as-a-Service (“EV CaaS”) offering to a fast-growing customer base in the live-work-play-learn ecosystem, thus enabling the company to expand its current Florida and Texas footprint to the entire country.
-
Nomura Strategic Ventures Makes an Investment in Percent
January 17, 2023Percent, the revolutionary platform that has created the modern credit marketplace, today announced that Nomura Strategic Ventures, LLC (NSV), has provided financing to support the company’s innovation and growth through its venture debt fund, Nomura Strategic Ventures Fund 1. Nomura will also explore using the platform for their own deals.
-
Merchants & Marine Bancorp, Inc. Launches Voyager Lending, a Small Business Lending Group Focused on SBA and USDA Loans
January 17, 2023Merchants & Marine Bancorp, Inc. (OTCQX: MNMB), the parent company of Merchants & Marine Bank, a century-old Mississippi-based financial institution, has launched Voyager Lending, a division dedicated to offering lending solutions for small business owners.
-
FTI Consulting Enhances Corporate Finance & Restructuring Segment in the Middle East with Addition of Dedicated Tax Practice
January 17, 2023FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Nilesh Ashar as a Senior Managing Director and Sameep Uchil as a Managing Director in the Dubai International Financial Centre office in Dubai, UAE.
-
Lincoln International Announces Managing Director Promotions
January 17, 2023The new MDs join more than 150 globally who provide complementary investment banking advisory services in the private capital markets. Their mergers and acquisitions (M&A) and capital advisory acumen bolster the firm’s senior leadership in both expertise and commitment to outstanding outcomes.
-
VIQ Solutions Announces US$15 Million Credit Facility
January 17, 2023VIQ Solutions Inc., a global provider of secure, AI-driven, digital voice and video capture technology and transcription services, today announces that the Company has entered into a senior secured loan with Beedie Investments Ltd. (the "Lender"), pursuant to which the Lender will make available up to US$15 million to the Company (the "Loan"), pursuant to the terms of a credit agreement by and among the Company and the Lender.
-
NowVertical Secures $7 Million Cad Credit Facility, Completes Acrotrend, Smartlytics Acquisitions
January 17, 2023Toronto-based data software and services company NowVertical has secured a $7 million CAD credit facility from TD Bank as it closes its two previously announced multimillion-dollar acquisitions of Acrotrend Solutions and Smartlytics. NowVertical announced last week that its acquisitions of United Kingdom data analytics solution providers Acrotrend and Smartlytics have been completed as the Canadian company continues its growth plans focused on acquisitions.
The Secured Lender
SFNet's 40 Under 40 Awards Issue



