- Seth Friedman of Abacus Finance Group Appointed to SBIA Board of Governors as Northeast Regional Chair
- Canacol Energy Announces Agreement for Debtor in Possession (“DIP”) Financing
- Gridiron Announces Investment Professional Steve Lamb as Managing Director
- Turtle Hill Capital Provides $25 Million Credit Facility to Haven Energy to Accelerate California Home Solar and Battery Deployment
- LA Times Studios Recognizes CohnReznick’s Rodriguez as Commercial Real Estate Visionary
TSL Express Daily Articles & News
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Bridgeport Capital Announces Bob Seidenberger has Joined as Senior Vice President of Business Development
Bridgeport Capital is pleased to announce the addition of Bob Seidenberger as Senior Vice President of Business Development to the Bridgeport team. Bob will be opening a regional sales office in Philadelphia, Pennsylvania and will report to Max Toledo. Bob brings 25 years years of experience in the financial services industry and is extremely knowledgeable on all aspects of factoring.
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Interview with Octet CEO, Clive Isenberg
In September, Octet announced that Bank of Queensland partnered with Octet on supply chain financing. As part of this relationship, Bank of Queensland will be providing a funding warehouse to Octet. The Octet-Bank of Queensland partnership is the first time Octet has aligned with a traditional lender in the business finance market. The deal sets a new standard for collaboration between the fintech and mainstream banking sectors.
TSL Express Daily Headlines & News
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Waldencast Announces Entry into $225m Term Loan and Revolving Credit Facilities
June 27, 2022Waldencast Acquisition Corp. , a special purpose acquisition company, announced that, on June 24, 2022, its wholly-owned subsidiary Waldencast Finco Limited (“Waldencast Finco”) entered into a Credit Agreement (the “Waldencast Credit Agreement”), by and among Waldencast Finco, as the borrower (the “Borrower”), Waldencast Partners LP, as the parent guarantor, the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent. Credit Suisse AG, New York Branch acted as documentation agent and JPMorgan Chase Bank, N.A., Banco Santander, S.A. and Wells Fargo Securities, LLC acted as joint bookrunners and joint lead arrangers under the Waldencast Credit Agreement.
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1st Capital Bancorp Announces Chief Credit Officer and Chief Lending Officer
June 27, 20221st Capital Bancorp (the “Company”), (OTCQX: FISB), the $1.01 billion asset bank holding company and parent company of 1st Capital Bank (the “Bank”), today announced the appointment of Jeff Mercer to chief credit officer, effective July 1, 2022.
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BankFirst Capital Corporation to Acquire Tate Financial Corporation and Sycamore Bank
June 27, 2022BankFirst Capital Corporation (OTCQX:BFCC) ("BankFirst" or the "Company"), parent of BankFirst Financial Services (the "Bank"), today announced the signing of a definitive merger agreement with Tate Financial Corporation ("Tate"), the parent company of Sycamore Bank, Senatobia, Mississippi ("Sycamore Bank"), under which BankFirst will acquire Tate and Sycamore Bank.
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Octet Recognised for Excellence in Business Lending at 2022 Fintech Australia Awards
June 27, 2022Leading supply chain finance and technology provider, Octet has been named the 2022 Excellence in Business Lending winner at this year’s Fintech Australia “Finnies”. The Seventh Annual Edition of the prestigious awards celebrates the success of dynamic players in the Australian fintech industry. The Excellence in Business Lending award acknowledges that Octet has demonstrated strong financial performance and outstanding B2B lending results through its innovative finance solutions.
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Tiger Group Reaches Major Milestones at Audio/Visual Auctions & Private Treaty Sales in First Half of 2022
June 27, 2022Tiger Group’s Commercial and Industrial (C&I) Division saw a record number of sales registrants and buyers at its sales for audio/visual and movie theater assets in the first half of 2022, which played a major factor in achieving 96 percent to 99 precent sell-through rates at its auctions and private treaty sales during that timeframe.
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MidCap Financial Provides a $70 Million Senior Secured Revolving Credit Facility to a Luxury Accessories Retailer and Digital Platform
June 23, 2022MidCap Financial today announced it has provided a $70 million senior secured revolving credit facility to a luxury accessories retailer and digital platform. The MidCap credit facility refinanced the Company’s prior credit facility and will support the Company’s continued growth and working capital needs.
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Michael Calcagni Appointed Co-Chair of Surrogate's Court Estates & Trusts Committee of the Nassau County Bar Association
June 23, 2022Michael Calcagni, Counsel at Moritt Hock & Hamroff, was recently appointed to serve as Co-Chair of the Surrogate’s Court Estates & Trusts Committee of the Nassau County Bar Association, having previously served as Co-Vice Chair of the Committee.
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Electric Vehicles Could Take 33% of Global Sales by 2028-AlixPartners
June 23, 2022Electric vehicle sales could reach 33% globally by 2028 and 54% by 2035, as demand accelerates in most major markets, consultant AlixPartners said on Wednesday. EVs accounted for less than 8% of global sales last year, and just under 10% in the first quarter of 2022.
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SilverBow Resources Announces Extension of Revolving Credit Facility and Increased Borrowing Base
June 23, 2022SilverBow Resources, Inc. (NYSE: SBOW) (“SilverBow” or “the Company”) today announced it has received bank approval to amend its senior secured revolving credit facility (“Credit Facility”) to extend the maturity of the Credit Facility to October 2026, increase the borrowing base from $525 million to $775 million, and reduce the interest rate margin for amounts outstanding.
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TAB Bank Provides Oilfield Chemistry and Field Services Company in Oklahoma with a $5 Million Asset-Based Credit Facility
June 23, 2022TAB Bank is pleased to announce the funding of a $5 million dollar asset-based credit facility to a leading provider of oilfield chemical formulations and field services. This company delivers critical chemical formulations and fluids designed to meet the unique requirements of each site and improve the performance, longevity, and profitability of its client’s oil and gas assets.
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Assembled Brands Announces a New Facility with Boomerang's Foods
June 23, 2022Assembled Brands is pleased to announce our new partnership with Boomerang’s Foods, and we are celebrating with a new line of credit. Founded in 2006, Boomerang’s set out to change the hand-held food sector with its classic Australian meat pies.
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Assembled Brands Announces a New $1.5MM Facility with WILDFANG
June 23, 2022Assembled Brands is pleased to announce a new $1.5MM facility with apparel brand WILDFANG. The brand was founded in Portland, Oregon by Emma Mcllroy on a mission to rethink gender norms and how they show up in fashion.
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SLR Credit Solutions Announces Promotions and New Employees
June 23, 2022SLR Credit Solutions (‘SLR CS”), a leading provider of direct private credit solutions for middle market businesses, is pleased to announce the following promotions and new hires to its team. These individuals will be key contributors to the organization allowing our business to deliver innovative secured debt financings across a wide range of industries including consumer/retail, specialty finance, business services and industrials.
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Ankura Appoints Roy Gallagher and Ben Jones as Co-Leaders of the Turnaround & Restructuring Business Group
June 23, 2022Ankura Consulting, LLC ("Ankura" or the "Company"), an independent global expert services and advisory firm, announced the appointment of Roy Gallagher and Ben Jones as co-leaders of Ankura's Turnaround and Restructuring North America ("T&R") practice.
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FinWise Bancorp Announces Appointment of Simon Darchis as Vice President, Director of Specialty Lending
June 23, 2022FinWise Bancorp (NASDAQ: FINW) (“FinWise” or the “Company”), the parent company of FinWise Bank, today announced the appointment of Simon Darchis as Vice President, Director of Specialty Lending. Mr. Darchis will replace David Tilis effective immediately.
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Houlihan Lokey Strengthens Specialty Finance Coverage Capabilities With Senior Hire David Villa Joins as a Managing Director in New York
June 23, 2022Houlihan Lokey (NYSE:HLI), the global investment bank, announced today that David Villa has joined the firm’s Financial Services Group as a Managing Director covering specialty finance companies and depositories. He is based in New York.
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Apollo Partners With Hostplus to Launch $1.25 billion Asia Pacific Credit Strategy
June 23, 2022Apollo (NYSE: APO) today announced the formation of an Asia Pacific Credit Strategy in strategic partnership with Hostplus, one of the five largest superannuation funds in Australia. The new strategy launches with US$1.25bn in assets, following an inaugural raise that includes a $500 million anchor commitment from Hostplus alongside Apollo’s internal and affiliated insurance balance sheets.
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Stellus Capital Management Announces Key Hires
June 23, 2022Stellus Capital Management, LLC (“Stellus”), a leader in middle market direct lending, today announced the hiring of Bill Haverland as Principal and Casey Carroll as Vice President, Investor Relations.
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Capstone Partners Names Peter Nam Head of Industrial Technology Group
June 23, 2022Capstone Partners, a leading middle market investment banking firm, announced today that Peter Nam, Managing Director, has been named Head of the firm's Industrial Technology Investment Banking Group (ITG). Based in Orange County, CA, Peter has been with Capstone for 15 years, focusing on advising middle market businesses that provide sensing, metrology, control, robotics, automation, photonics, optics, AI, and Industrial IoT technologies.
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Nexstar Media Group Refinances Senior Secured Term Loans and Revolving Credit Facilities
June 22, 2022Nexstar Media Group, Inc. (Nasdaq: NXST) (the “Company”) announced today that Nexstar Media Inc. (“Nexstar”), a wholly-owned subsidiary, has closed a new five-year term loan A facility in an aggregate principal amount of $2,425 million and a new five-year revolving credit facility in an aggregate principal amount of $550 million.
The Secured Lender
SFNet's The 81st Annual Convention Issue

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