- Change Capital Provides $1.3MM to Support Pro-Athlete Housing Company’s Refinance and Expansion Initiative
- American Resources Corporation Secures $5 Million Credit Facility with Old National Bank to Procure Rare Earth and Critical Mineral Feedstocks
- Republic Business Credit Supports Growth of Drink Accessory Manufacturer with $1 Million Factoring Facility
- Gold Royalty Announces Amended and Upsized Revolving Credit Facility of up to $100 Million and Elimination of Debt
- Aledade Secures $500 Million Credit Facility from Ares to Support Growth
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
Today's Top Story
Featured
Private Credit’s Ascent: How Nonbank Lenders Are Redefining Secured Finance
(Editor’s Note: This article was created with assistance from ChatGPT)
In the evolving world of corporate finance, private credit has emerged as a formidable force, challenging traditional banking paradigms. Once a niche segment, it has burgeoned into a $1.5 trillion market as of early 2024, with projections estimating growth to $2.6 trillion by 2029. This surge is not merely a quantitative shift, but signifies a qualitative transformation in how businesses access capital.
TSL Express Trending Story
Featured
An Interview with Robert Love, Group Director of ABL at Flagstar Bank
In this installment of our series of executive interviews, Charlie Perer sits with Bob Love, Asset-Based Lending (ABL) Group Director for Flagstar Bank, to hear his views about his new role at Flagstar Bank, bank vs. non-bank competition, the future of ABL, executive development and competition, among other things.
TSL Express Daily Headlines & News
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Aurous Financial Closes $800k PO Finance Facility for Specialty Protein Company
August 11, 2025Aurous has closed an $800,000 facility for the first production runs of a domestic manufacturer of a gluten-free protein product. The client presented the notable challenge of needing to fund two different production processes to complete its finished good. Aurous was able to fund both processes, and after their first delivery of finished goods, the end buyer quadrupled its initial order.
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eCapital Named to 2025 Inc. 5000 List of Fastest-Growing Private Companies for Third Consecutive Year
August 11, 2025eCapital Corp. (“eCapital”), a leading tech-enabled specialty finance provider for small and medium-sized businesses across North America and the United Kingdom, today announced it has been named to the 2025 Inc. 5000 list for the third consecutive year. The prestigious annual ranking recognizes the fastest-growing private companies in America and provides a data-driven snapshot of the most successful independent, entrepreneurial businesses fueling today’s economy.
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MidCap Financial Closes $150mm Senior Secured Credit Facility to XBP Americas, LLC
August 11, 2025MidCap Financial, a leading commercial finance company focused on middle market transactions, today announced it has provided a senior secured revolving credit facility (the “ABL Credit Agreement”) to XBP Americas, LLC (formerly known as Exela Technologies BPA, LLC (the “Company”)), a subsidiary of Nasdaq listed XBP Global Holdings, Inc.
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Former CEO of CAIA Association and Boston Partners, William J. Kelly, Joins Star Mountain Capital as Senior Advisor
August 11, 2025Star Mountain Capital, LLC ("Star Mountain"), a rapidly growing, employee-owned investment firm with over $4 billion in assets under management (“AUM”), is pleased to announce that William J. Kelly has joined the firm as a Senior Advisor. Mr. Kelly will support Star Mountain’s mission by contributing to investor relations, portfolio governance, educational initiatives, and thought leadership as Star Mountain continues building its presence across the alternative investments ecosystem.
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Heron Therapeutics Announces Comprehensive Capital Restructuring to Support Growth and Extend Maturity Profile
August 11, 2025Heron Therapeutics, Inc. (Nasdaq: HRTX) ("Heron" or the "Company"), a commercial-stage biotechnology company, today announced the completion of a comprehensive capital restructuring designed to enhance the Company's financial flexibility, reduce total debt, and support long-term growth.
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GoldenTree Asset Management Announces Closing of $500 Million CLO Under GLM Strategy
August 11, 2025GLM III, LP (“GLM III”) and its affiliated investment manager GoldenTree Asset Management LP (along with other affiliated investment managers “GoldenTree”), announced the closing of a $500 million collateralized loan obligation (“CLO”) to be managed by GLM III. With the closing of this CLO, GoldenTree Loan Management US CLO 26 (“GLM US CLO 26”), GoldenTree has issued 34 CLOs totaling nearly $18 billion under its GLM CLO strategy.
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Siena Lending Group LLC Agents a $350 Million Credit Facility for SkyWater Technology
August 11, 2025Siena Lending Group LLC (“Siena”) a leading provider of asset-based lending solutions, is pleased to announce the closing of a new $350 Million senior secured credit facility for SkyWater Technology (NASDAQ: SKYT).
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J D Factors Provides $8.1 Million in New Factoring Facilities
August 11, 2025J D Factors provided $8,100,000 in new factoring facilities to 27 new clients in the US and Canada during the month of July. Some of these facilities include: a $800,000 factoring facility for a transportation company in Pennsylvania; $500,000 factoring facility for an underground drilling company in Florida.
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J D Factors Provides $8.1 Million in New Factoring Facilities
August 11, 2025J D Factors provided $8,100,000 in new factoring facilities to 27 new clients in the US and Canada during the month of July. Some of these facilities include: a $800,000 factoring facility for a transportation company in Pennsylvania; $500,000 factoring facility for an underground drilling company in Florida.
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J D Factors Provides $8.1 Million in New Factoring Facilities
August 11, 2025J D Factors provided $8,100,000 in new factoring facilities to 27 new clients in the US and Canada during the month of July. Some of these facilities include: a $800,000 factoring facility for a transportation company in Pennsylvania; $500,000 factoring facility for an underground drilling company in Florida.
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J D Factors Provides $8.1 Million in New Factoring Facilities
August 11, 2025J D Factors provided $8,100,000 in new factoring facilities to 27 new clients in the US and Canada during the month of July. Some of these facilities include: a $800,000 factoring facility for a transportation company in Pennsylvania; $500,000 factoring facility for an underground drilling company in Florida.
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J D Factors Provides $8.1 Million in New Factoring Facilities
August 11, 2025J D Factors provided $8,100,000 in new factoring facilities to 27 new clients in the US and Canada during the month of July. Some of these facilities include: a $800,000 factoring facility for a transportation company in Pennsylvania; $500,000 factoring facility for an underground drilling company in Florida.
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Meta Lands Record $29B AI Data Center Deal -- Private Credit's Biggest Bet Yet
August 11, 2025Private credit's biggest names have been waiting for an opening like this and Meta Platforms Inc. (NASDAQ:META) just handed them one. This week, Pacific Investment Management Co. and Blue Owl Capital Inc. secured a $29 billion financing package for Meta's new AI-focused data center in Louisiana, a rare move into the investment-grade debt arena typically owned by Wall Street banks.
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As Vice Media Lands $75M Credit Facility, Studio Chief Amy Powell Sheds Light On Her Strategy
August 11, 2025Vice Media has landed a $75 million credit facility from Western Alliance Bank, with plans to use it to fill out its programming slate. The transaction is the latest milestone for Vice since its emergence from bankruptcy. Amy Powell, the Paramount and Amazon veteran who joined Vice last May as president of the company’s studio division, intends to use the new financial resources on staffing, acquisitions and development
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Natixis Corporate & Investment Banking Underwrites Senior Secured Term Loan for Eleven Airbus A321 Ceos Aircraft for LATAM Airlines Group S.A.
August 11, 2025Natixis Corporate & Investment Banking ("Natixis CIB") is pleased to announce the successful underwriting of a Senior Secured Term Loan for the financing of eleven Airbus A321 Ceos aircraft for LATAM Airlines Group S.A. ("LATAM").
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Timbercreek Financial Secures $600 Million Revolving Credit Facility
August 11, 2025Timbercreek Financial Corp. (TSX: TF) ("Timbercreek Financial" or the "Company") is pleased to announce a significant update to its credit facilities. On August 7, 2025, Timbercreek Financial entered into a second amending agreement to the third amended and restated credit agreement (the "New Credit Agreement") with a syndicate of nine lenders.
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Pathward Appoints Charles Ingram as Executive Vice President and Chief Information and Operations Officer
August 11, 2025Pathward Financial, Inc. (Nasdaq: CASH) through its subsidiary, Pathward®, N.A. (“Pathward” or the “Company”), a national bank focused on financial access, announced that Charles Ingram has been appointed Executive Vice President and Chief Information and Operations Officer in recognition of his leadership in aligning technology, product and operations to drive efficiency, resilience and innovation across the Company.
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Berkshire Hills Bancorp and Brookline Bancorp to be Combined as Beacon Financial Corporation and Beacon Bank Upon the Closing of their Merger of Equals
August 11, 2025Berkshire Hills Bancorp, Inc. ("Berkshire") (NYSE: BHLB), the parent company of Berkshire Bank, and Brookline Bancorp, Inc. ("Brookline") (NASDAQ: BRKL), the parent company of Brookline Bank, Bank Rhode Island, and PCSB Bank, today announced that the combined holding company that will be created through their transformative merger of equals will be named Beacon Financial Corporation and remain listed on the New York Stock Exchange under a new ticker symbol BBT. While the legal name of the combined bank will be Beacon Bank & Trust, it will be more commonly referred to as Beacon Bank.
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Provident Bank Names Michael A. Perito SVP, Head of Corporate Strategy
August 11, 2025Provident Bank, a leading New Jersey-based financial institution, has announced that Michael A. Perito has joined the organization as Senior Vice President and Head of Corporate Strategy. In this newly created role, Mr. Perito will be responsible for overseeing the development and execution of the bank's overall strategic plan, identifying growth opportunities, and ensuring the bank's strategy aligns with its goals within the regional banking landscape. He will report to Adriano Duarte, Executive Vice President, Chief Accounting Officer.
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Comvest Credit Partners Provides Financing to Allied OMS for Refinancing and Growth
August 11, 2025Comvest Credit Partners, a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it is acting as Administrative Agent on a $245 million senior secured credit facility (the “Financing”) for Allied OMS (“Allied” or the “Company”), a Southlake, Texas-based management services organization (MSO) focused on oral and maxillofacial surgery practices.
The Secured Lender
SFNet's The 81st Annual Convention Issue

