- Dudick Promoted to SVP, Team Leader at Provident Bank
- West Coast Media Company Secures $5,000,000 Facility from Prestige Capital to Support Growth and Cash Flow Flexibility
- Greenberg Traurig Expands Private Equity Practice with Addition of Abigail Xu in New York
- Viva Capital Structures $5 Million Financing Solution for Specialty Manufacturer
- SixCap Healthcare Finance Closes $10.5 Million Asset-Based Lending Facility for Florida Skilled Nursing Portfolio
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
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Signature Bank (Nasdaq: SBNY), a New York-based, full-service commercial bank, announced today the launch of a new business line with the appointment of a nine-person Healthcare Banking and Finance (HBF) team. The new private client banking team will provide lending services while garnering deposits to clients within the healthcare arena.
Leading the new business and HBF team is Matthew T. Huber, recently named Senior Vice President and Managing Group Director. In this capacity, Huber will oversee all aspects of the HBF team, including managing the team’s pipeline and banking activities and building a healthcare-related portfolio spanning both lending and deposit clients.
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Featured
Synovus Bank recently announced a new Specialty Finance Division, focused on providing debt capital financing and commercial banking solutions to fund companies operating in niche asset classes. The division includes a structured finance team and builds on the expertise of Global One Financial, the insurance premium finance lender acquired by Synovus in October of 2016. The division is led by Jonathan Rosen, who founded Global One in 2003 and continues to manage it as chief executive officer of the Specialty Finance Division at Synovus. Here, Jonathan Rosen discusses opportunities and growth late in the credit cycle.
TSL Express Daily Headlines & News
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Gordon Brothers Supports Tuesday Morning’s Continued Growth with $10M Term Loan Commitment
June 8, 2022Gordon Brothers, the global advisory and investment firm, has provided Tuesday Morning a $10 million committed term loan to increase the company’s liquidity and support its continued growth. Tuesday Morning, a publicly traded off-price retailer of housewares, home furnishings and seasonal décor, will use the funds to refinance and pay off existing debt and for working capital purposes.
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Financial Services Business Transformation Expert Manoj Daga Joins FTI Consulting as a Managing Director
June 8, 2022TI Consulting, Inc. (NYSE: FCN) today announced the appointment of Manoj Daga as a Managing Director in the Business Transformation practice within the firm’s Corporate Finance & Restructuring segment. Mr. Daga, who is based in New York, brings more than 25 years of experience leading large-scale transformations and managing global business operations across the mortgage, consumer finance, retail banking and payments industries, as well as private equity portfolio companies.
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NOG Announces New Five-Year Reserves-Based Lending Facility with Significant Borrowing Base Increase
June 8, 2022Northern Oil and Gas, Inc. (NYSE: NOG) (the “Company” or “NOG”) today announced that on June 7, 2022, it entered into an amended and restated credit agreement governing its reserves-based revolving credit facility with Wells Fargo, as administrative agent, and a syndicate of 14 lenders.
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LiquidX Announces Strategic Investment by Citi
June 8, 2022LiquidX, the leading global fintech platform for digitization, monetization, and risk mitigation for working capital, trade finance, and insurance assets today announced a strategic investment from Citi, one of the largest trade finance banks in the world. The funding round was led by Broadridge, LiquidX’s largest strategic investor.
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Snowden Lane Partners, Estancia Capital Partners Secure Extended $50 Million Credit Facility
June 7, 2022-Snowden Lane Partners, an independent, advisor-owned, wealth advisory firm dedicated to providing client-focused advice in a values-driven culture, and one of the fastest-growing RIAs in the category, together with Snowden Lane’s majority investor, Estancia Capital Partners (“Estancia”), today announced that Snowden Lane secured an expanded $50 million credit facility from ORIX Corporation (“Orix”).
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HireRight Upsizes Revolving Credit Facility to $145 Million
June 7, 2022HireRight Holdings (NYSE: HRT), amended and upsized its revolving credit facility (the “Revolving Facility”), increasing the committed line under the Revolving Facility to $145 million, effective June 3, 2022.
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TradeCap Partners Assists Consumer Packaged Goods Company’s Expansion with $1.75mm Purchase Order Finance Facility
June 7, 2022TradeCap Partners closed a $1.75mm purchase order finance facility for a growing, better for you, consumer packaged goods company to support their expansion with Costco. After a successful regional launch, Costco issued orders for additional doors in new regions. The Company was in the midst of due diligence with an ABL lender but order delivery dates required an immediate bridge to get goods produced and shipped before the ABL could close.
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Winston & Strawn Represents the Underwriter in Connection with Prime Number Acquisition I Corp.
June 7, 2022Winston & Strawn represented the underwriter in connection with Prime Number Acquisition I Corp. (the "Company"), a newly organized blank check company incorporated as a Delaware corporation and led by Chairman and Chief Executive Officer, Dongfeng Wang, in the closing of its previously announced initial public offering of 6,450,000 units at an offering price of $10.00 per unit, which includes 450,000 units issued pursuant to the partial exercise of the underwriter's over-allotment option, for aggregate gross proceeds to the Company of $64,500,000.
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CIT Adds Ted Dalton to Real Estate Finance Team
June 7, 2022CIT, a division of First Citizens Bank, has added seasoned real estate pro Ted Dalton as a Managing Director in its Real Estate Finance group. Dalton is based in New York and will operate as a senior relationship manager driving new business development offering construction, bridge and permanent loan solutions.
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Rosenthal Provides $1.75 Million Purchase Order Financing Facility to New York-Based High-Security Printing and Technology Company
June 7, 2022Rosenthal & Rosenthal, Inc., the leading factoring, asset-based lending, purchase order financing, d2c and e-commerce inventory financing firm in the United States, today announced the completion of a recent $1.75 million purchase order financing facility to support a high-security printing and technology company working with the U.S. government.
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LBC Credit Partners Supports the Acquisition of ATCO Industries, Inc.
June 7, 2022LBC Credit Partners (“LBC”), one of the leading providers of financing solutions to middle market companies, provided a senior secured credit facility to Aterian Investment Partners (“Aterian”) to support the acquisition of ATCO Industries, Inc. (“ATCO” or the “Company”).
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LSQ Creates $1.5MM Credit Facility, AR Management Program for Woman-Owned Auto Parts Manufacturer and Supply-Chain Management Firm
June 7, 2022LSQ, a leading provider of working capital finance and payments solutions, recently originated a $1.5 million credit facility for a woman-owned industrial auto parts manufacturer and supply-chain management company. The company will use the additional capital to expand their operations.
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Titan Mining Closes $40M Credit Facility From National Bank Consolidating Prior Loans
June 7, 2022Titan Mining Corporation (TSX:TI) (“Titan” or the “Company”) is pleased to announce the closing of a revolving credit facility with National Bank of Canada (“National Bank”) for US$40 million (the “Credit Facility”). In addition to the Credit Facility, National Bank has provided the Company with an up to US$15 million treasury line enabling additional access to funds for future zinc contract commitments.
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Stellus Capital Management, LLC Provides Unitranche Financing in Support of Aterian Investment Partners’ Acquisition of ATCO Industries, Inc.
June 7, 2022-Stellus Capital Management, LLC (“Stellus”), a leader in middle market direct lending, announced today that its affiliates provided senior debt financing in support of Aterian Investment Partners’ (“Aterian”) acquisition of ATCO Industries, Inc. (“ATCO” or the “Company”). Founded in 1980 and headquartered in Sterling Heights, MI, ATCO is a leading provider of tech-enabled testing, measurement, and quality containment services, primarily to the North American automotive market.
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American Homes 4 Rent and Värde Partners Enter Into $500 Million Land Banking Facility Agreement
June 7, 2022American Homes 4 Rent (NYSE: AMH) (the "Company"), a leading provider of high-quality single-family homes for rent, and Värde Partners, a leading global alternative investment firm, today announced that they have entered into a land banking facility agreement. This facility provides $500 million in initial capacity to acquire and develop new land opportunities as part of American Homes 4 Rent's internal development platform.
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Houlihan Lokey Hires Howard Steinberg to Lead Its Global Tax Restructuring Practice
June 7, 2022Houlihan Lokey (NYSE:HLI), the global investment bank, announced today that Howard Steinberg has joined the firm as a Managing Director and Global Head of Tax Restructuring within its Financial and Valuation Advisory business. He is based in New York.
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Stifel Expands Municipal Securities Group
June 7, 2022Stifel Financial Corp. (NYSE: SF) today announced several key hires within its Municipal Securities Group. John McShane, Edward Murray, Joseph Muscatello, and Michael Wolf join the firm’s top ranked Public Finance department as Managing Directors. Additionally, Rachel Perlman, Craig Burdulis, and Maryanne Kelly join the firm’s Municipal Capital Markets practice.
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Victory Park Capital Bolsters Legal Finance Team with Additions of Chad Clamage and Ahmed Eltamami
June 7, 2022Victory Park Capital (“VPC”), a leading global alternative investment firm, today announced the additions of Chad Clamage, Principal, and Ahmed Eltamami, Vice President, to the firm’s investment team. Clamage and Eltamami are primarily responsible for sourcing, analyzing, executing and managing investments within legal finance.
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CIBC Innovation Banking Expands Denver Team, Adds to Management and Coverage Ranks
June 7, 2022CIBC Innovation Banking is pleased to announce today that Ron Singh is joining the team as a Managing Director in CIBC Innovation Banking’s Denver office. With over 20 years of industry experience with business development, deal structuring, and team leadership, Ron brings his range of talents to CIBC Innovation Banking at an important juncture in the group’s continued evolution as it supports the growth ambitions of hundreds of existing and emerging startups in the area.
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Bridge Investment Group Closes on $150 Million of Senior Notes and Refinanced Its Senior Secured Credit Facility
June 6, 2022Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge” or the “Company”) today announced that it closed on $150 million of senior notes and refinanced its existing Senior Secured Credit Facility (“Credit Facility”), increasing it from $75 million to $125 million.
The Secured Lender
SFNet's The Women in Secured Finance Issue



