- Asset-Based Lending & Factoring Surveys
- Womble Adds Financial Services Litigation Team in Boston
- Construction Firms Are Investing Millions in AI--But New BRG Research Shows It Is Not Reducing Headcount, and ROI Remains Unclear
- Cross-Border M&A Lawyer Salvador Gallo Korkowski Returns to Jones Day in Mexico City
- eCapital Provides $18 Million Asset-Based Lending Facility to Support Industrial Manufacturer’s Turnaround and Growth
TSL Express Daily Articles & News
To submit company news and press releases to TSL Express, email tslexpress@sfnet.com.Today's Top Story
Featured
Q2 Rebound: ABL Activity Accelerates as Lenders See Stronger Demand
SFNet’s Q2 2026 Asset-Based Lending Survey shows a sharp rebound in new commitments, improving bank credit performance and renewed optimism about demand—even as inflation, higher rates and geopolitical uncertainty complicate the outlook.
TSL Express Trending Story
Featured
The Perils of Dual Engagements
In this edition of the Lender’s Edge, we discuss the perils of dual engagements and the lessons for lenders, CROs, and financial advisers when navigating potential conflicts of interest.
TSL Express Daily Headlines & News
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MONTICELLOAM, LLC Delivers $600 Million Supporting a 3,050+ Bed Seniors Housing Portfolio
October 14, 2026MONTICELLOAM, LLC (“MONTICELLOAM”), a specialized seniors housing and multifamily bridge lending platform, announced the firm, along with firm affiliates, funded $600,000,000 in total bridge financing for a thirty-property skilled nursing and assisted living portfolio in Kentucky and Tennessee.
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Oxford Finance Provides Cross-Border Asset-Based Lending Facility to HLC
October 13, 2026Oxford Finance LLC ("Oxford"), a leading specialty finance firm, today announced the closing of a cross-border asset-based lending revolving credit facility for HLC, one of North America's leading bicycle distributors, in partnership with MiddleGround Capital. Oxford served as agent and sole lender on the transaction.
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Culain Capital Provides $4.5 Million Accounts Receivable Financing Facility to Support Growth of Texas Manufacturing Company
October 13, 2026Culain Capital Funding, LLC ("Culain Capital") announced the successful closing and funding of a $4.5 million accounts receivable financing facility for a Texas-based manufacturing company specializing in precision machining and advanced component manufacturing.
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Tiger Finance Provides $20 Million Credit Facility to Garage Beer
October 13, 2026Garage Beer stakeholders include Jason and Travis Kelce and Durational Capital Management.
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Gordon Brothers Celebrates 20th Anniversary in Japan
October 13, 2026Milestone reflects two decades of combining global asset expertise with deep local market knowledge and trusted client relationships
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Moritt Hock & Hamroff Welcomes Incoming Class of 2026 Law School Graduates
October 13, 2026Moritt Hock & Hamroff LLP (“MHH”) is pleased to announce the addition of Sabrina Arfeen, Matthew Baronci, Pacika Guerra, Abla Laallam, Brooke Olefson, Hannah Stubbs, and Grace Winkeljohn to the firm’s incoming class of 2026 law school graduates.
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Essex Capital Group Advises on $13.15 Million Construction Financing for Luxury Gulf-Front Condo Development
October 13, 2026Essex Capital Group, Inc. is pleased to announce the successful closing of a $13,150,000 senior construction loan for Azure Sands, LLC, a 10-unit luxury Gulf-front condominium development in Indian Shores, Florida. Azure Sands will comprise ten residences averaging approximately 4,200 square feet on a 0.60-acre site with 100 feet of direct Gulf frontage in the Tampa Bay market.
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SouthStar Capital Provides $3 Million Invoice Factoring Facility to Arizona-Based Manufacturer
October 13, 2026SouthStar Capital has provided a $3 million Invoice Factoring facility to an Arizona-based manufacturer serving commercial and military markets.
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SLR Business Credit Provides $3 Million Accounts Receivable Line of Credit to an Influencer Marketing and Affiliate Commerce Company
October 13, 2026SLR Business Credit (“SLR”), a leading provider of asset-based lending solutions to middle-market companies, announced today that it has provided a $3 million revolving line of credit, secured by accounts receivable, to an influencer marketing and affiliate commerce company. The facility provides the company with flexible, scalable working capital to support its continued growth and expanding retail partnerships.
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Rheinmetall Strengthens Finance Base for Further Growth-Syndicated Credit Line Doubled Early to €1.5 Billion
October 9, 2026Rheinmetall has renewed its existing syndicated credit line ahead of schedule and doubled its volume from €750 million to €1.5 billion. At the same time, Rheinmetall has strategically realigned its group of main core banks and expanded it to include additional international banking partners.
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Gray Announces $75 Million Incremental Term Loan and Redemption of $150 Million of 2029 Notes
October 9, 2026Gray Media, Inc. (“Gray”) (NYSE: GTN) announced today that it has entered into an incremental amendment to its credit agreement to increase its $600 million term loan due July 15, 2030 (the “Term Loan G”) by $75 million (the “Incremental TLG”).
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Stord Secures $400 Million Credit Facility Led by Citi to Scale Its Network, Robotics, and AI Investment, Expands Leadership Team
October 9, 2026Stord, the physical intelligence layer for independent commerce, today announced a $400 million credit facility led by Citi and joined by Morgan Stanley and JPMorgan, alongside First Citizens, Citizens, and KeyBank. The company saw significant demand, closing the facility oversubscribed at nearly double the amount Stord originally went to market seeking.
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Pathward and Clair Extend Partnership to Expand Access to Earned Wage Advances
October 9, 2026Pathward Financial, Inc. (Nasdaq: CASH) through its subsidiary, Pathward®, N.A., (“Pathward”) a national bank focused on expanding financial access through payments and lending solutions, announced an extension of its partnership with Clair, an embedded financial technology company providing earned wage advances through payroll and workforce platforms.
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Aurora Appointed Chief Restructuring Officer to Southern Motion In Chapter 11 Bankruptcy
October 9, 2026On October 5, 2026, David Baker, Managing Partner, and Aurora Management Partners was appointed as the Chief Restructuring Officer to Southern Motion, Inc.in the United States Bankruptcy Court for the Northern District of Mississippi (case #26-13155-JDW). Overseeing the Debtor’s business alongside Mr. Baker are Travis Grody, Director, and Ben Pendleton, Associate Director.
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W&T Offshore Completes Conversion of Revolving Credit Facility to Reserve-Based Lending Structure, Enhancing Financial Flexibility
October 8, 2026W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced that on October 1, 2026, the Company entered into the Second Amendment to its Credit Agreement with Texas Capital Bank, as administrative agent, and its bank group, converting its existing $50.0 million revolving credit facility into a conventional reserve-based lending (“RBL”) facility, effective as of that date.
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SouthStar Capital Provides $2 Million Invoice Factoring Facility to Support Growing Maryland Specialty Contractor
October 8, 2026SouthStar Capital provided a $2 million invoice factoring facility to a Maryland-based specialty contractor, replacing a bank line of credit and providing additional working capital to support a project pipeline exceeding $20 million.
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WhiteHawk Capital Partners Leads $560 Million Financing to Support Bally’s Bronx Development
October 8, 2026WhiteHawk Capital Partners, LP (“WhiteHawk”) announced the closing of a $560 million senior secured credit facility to support the development of Bally’s Bronx, a planned casino and entertainment resort in New York City by Bally’s Corporation (“Bally’s” or the “Company”). WhiteHawk serves as agent and lead lender for the financing.
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Youmna Assad Joins CohnReznick as Assurance Partner in Commercial Real Estate Practice
October 8, 2026CohnReznick, a leading professional services firm, today announced that Youmna Assad has joined the firm as an Assurance Partner in its Commercial Real Estate practice. Assad has more than 20 years of public accounting experience, with focus on the real estate and investment funds industries.
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B. Riley Securities Advises ChronoScale Holdings Corporation on the Sale of Ekso Bionics to Wandercraft
October 8, 2026B. Riley Securities, Inc., a leading full-service investment bank, announced it served as the exclusive financial advisor to ChronoScale Holdings Corporation (Nasdaq: CHRN) in the sale of its subsidiary, Ekso Bionics, Inc., to Wandercraft. The transaction closed on September 30, 2026 and brings together two leaders in robotic mobility.
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Iridium Credit Brings Every-Invoice Verification to US Factors, Backed by $3M Round Co-Led by Field Ventures and MGV
October 8, 2026Iridium Credit, the verification infrastructure for invoice finance, today announced a $3 million round co-led by Field Ventures and MGV. Iridium verifies every invoice a lender funds against its source documents, confirms it with the debtor, and carries it through collections and cash posting, at a cost that makes checking a lender’s whole book cheaper than hand-checking part of it.
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