- Grindr Amends, Extends, and Upsizes Credit Facility to $600 Million
- nFusion Capital Provides $3M Factoring Facility for Commercial Maintenance Company
- Republic Business Credit Supports Growth of Emerging Footwear Manufacturer with a $750,000 Factoring Facility
- Turtle Hill Capital Provides $25 Million Credit Facility to Haven Energy to Accelerate California Home Solar and Battery Deployment
- Aspen Aerogels Announces Amendment to MidCap Credit Facility
TSL Express Daily Articles & News
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Webster Bank is pleased to announce that it is expanding its commitment to Commercial & Industrial Middle Market Banking with the addition of David Ferretti as Senior Vice President, Market Manager, New Haven.
Ferretti reports to Douglas Scala, Regional President, New England and is responsible for providing comprehensive commercial banking services to middle market clients and prospects throughout greater New Haven County.
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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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Mazars Releases FY21 Quality Intelligence Report
June 27, 2022Mazars is pleased to announce the release of the FY2021 edition of the Mazars in the US Quality Intelligence Report. The report offers industry-leading transparency for Mazars’ clients and other stakeholders into how it conducts business and the ways the company promotes and monitors quality across the firm.
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J D Factors Announces Factoring Facilities
June 27, 2022J D Factors announces it has provided the following factoring facilities: $350,000 to a restoration company in British Columbia; $150,000 to a transportation company in California; $200,000 to a transportation company in Ohio; $200,000 to a transportation company in Alberta.
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B. Riley Earns Top Honors for Litigation Valuation and Forensic Accounting in "Best of 2022" Survey by Daily Report (Law.com)
June 27, 2022B. Riley Advisory Services has earned recognition as a top provider for litigation valuation and forensic accounting in the "Best Of 2022" survey conducted by the Daily Report (Law.com). B. Riley Advisory Services was voted first-place as the #1 "Top Litigation Valuation Firm" for 2022, and ranked #2 in multiple categories including "Forensic Accounting Firm" and "Overall Expert Witness Services." B. Riley's J. Michael Issa was also named #2 in the "Individual Expert Witness (Economic)" category.
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JPMorgan Chase Survey: Intensified Challenges Push Business Leaders’ Optimism to Record Lows
June 27, 2022As the U.S. economy faces decades-high inflation, soaring interest rates and continued supply chain and labor shortages, midsize business leaders across the country are increasingly cautious in their economic outlooks, according to JPMorgan Chase’s 2022 Business Leaders Outlook Pulse survey released today. More than 1,500 midsize business leaders participated in the survey fielded between May 25 and June 10, 2022.
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Stepan Company Executes $450 Million Credit Facility Agreement
June 27, 2022Stepan Company (NYSE: SCL), announced today that it has entered into credit agreement providing for a five-year committed $350 million multi-currency revolving credit facility and a $100 million delayed draw term loan facility with a syndicate of banks. JPMorgan Chase Bank, N.A. and BofA Securities, Inc. acted as joint lead arrangers.
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MUFG Continues to Grow Leveraged Finance Platform
June 27, 2022Mitsubishi UFJ Financial Group (MUFG) announced today the hiring of two Directors for its leveraged finance platform: Garret Rowan will join as Head of the Leveraged Loan Trading group, and Mike Macchia will join as a salesperson in Leveraged Finance Sales.
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Eclipse Business Capital, LLC Adds Watson as Managing Director for the Southwest Region
June 27, 2022Eclipse Business Capital, LLC (“EBC”) is pleased to announce that Adrian Watson has joined the organization as a Managing Director. Mr. Watson joins EBC from JP Morgan where he was a Sr. Underwriter in ABL. At Eclipse, Mr. Watson steps into the role of Business Development Officer and will be responsible for covering the Southwest region.
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SRZ Represents JANA Partners in Agreement to Add New Directors to Board of Mercury Systems, Inc.
June 27, 2022The Schulte team advising JANA Partners was led by partner Ele Klein, chair of the firm’s M&A and Securities Group and co-chair of its global Shareholder Activism Group and included associates Sean Brownridge, Danny Goldstein and Abraham Schwartz.
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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.
The Secured Lender
SFNet's The 81st Annual Convention Issue

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