- Sallyport Commercial Finance Provides $2MM Factoring Facility to Canadian Printing Company
- Top California Lender Begins 2026 with New Investor Capital and $25.9 Million in Loan Closings; Texas Expansion Underway
- Kleinberg Kaplan Adds Experienced Corporate Finance Attorney Tiffanye Threadcraft
- United Capital Funding Issues $15.45MM in Total Credit Facilities in Q1 2026
- Mesabi Metallics Secures $150 Million from Macquarie Group
TSL Express Daily Articles & News
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White Oak Provides $75 Million Term Loan Financing to North Atlantic Imports
White Oak Global Advisors, LLC, (“White Oak”) announced today it has provided a $75 million term loan to North Atlantic Imports, which also operates under the name Blackstone Products (“Blackstone” or the "Company"), a Utah-based distributor of branded griddles and accessories. The loan was offered on a split-lien basis alongside a Wells Fargo ABL Revolver.
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Guarded Optimism Prevails as Executives Chart the Future
Strengthening Bank Relationships Is Crucial to Seize Business Opportunities in the Potential Economic Downturn
TSL Express Daily Headlines & News
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Alan Isenberg Joins Angelo Gordon as Global Head of Client Partnership Group
April 4, 2022Today, $51 billion alternative investment firm Angelo Gordon announced that Alan Isenberg, former Head of Product Strategy and Marketing at Neuberger Berman, has joined the firm as Global Head of its Client Partnership Group. In this role, he is responsible for leading the firm’s worldwide client and product functions, including new business development, client coverage, product development and management, and client service.
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Trisura Advances ESG Goals by Linking Credit Facility to Targets around Responsible Investment
April 4, 2022Trisura Group Ltd. (“Trisura” or “Trisura Group”) (TSX: TSU), a leading specialty insurance provider, has announced the closing of its sustainability-linked credit facility. As a first of its kind for insurers in Canada, the sustainability-linked loan is linked to Trisura’s ambition to further incorporate ESG considerations into its investment activities. The structure introduces an incentive mechanism tied to key performance indicators around Trisura’s responsible activities, including disclosure.
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Mobile Infrastructure Corporation Announces $75 Million Revolving Credit Facility
April 4, 2022-Mobile Infrastructure Corporation (the “Company”), a publicly registered, non-listed company which invests primarily in parking lots and garages in the United States, announced today that it has completed a $75 million revolving credit facility with KeyBank to refinance certain of the Company’s current secured loans, as well as new acquisitions.
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DigitalBridge Credit Announces $220 Million Debt Investment to Support Everstream
April 4, 2022DigitalBridge Group, Inc. (NYSE: DBRG) today announced that, its Digital Credit division (“DigitalBridge Credit”), in partnership with CPPIB Credit Investments III Inc., a wholly owned subsidiary of Canada Pension Plan Investment Board (“CPP Investments”), it has invested $220 million in the form of a holding company term loan to support the continued growth of Everstream Solutions, LLC (“Everstream”).
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Castellum, Inc. Announces $950,000 New Revolving Credit Facility from Live Oak Bank
April 4, 2022Castellum, Inc. (OTC: ONOV) is a defense-oriented technology company that is executing strategic acquisitions in the cyber security, information technology and software, information warfare, and electronic warfare and engineering services space.
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SLR Equipment Finance, Formerly known as Nations Equipment Finance, Expands its Business Development Capabilities and Announces that Tom Zettwuch has Joined the Company
April 4, 2022SLR Equipment Finance is pleased to announce that Tom Zettwuch has joined the company as Senior Vice President of Business Development. In his role, Tom will be responsible for growing SLR Equipment Finance’s leasing and lending activities in the New Jersey and New York Metropolitan area. Tom brings over twenty-five years of large corporate equipment finance to SLR Equipment Finance.
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ARI Global Hires Waterman to Promote Their Texas Presence
April 4, 2022ARI Global, a leading specialty broker of trade credit insurance, is pleased to announce that Doug Waterman has joined the organization as vice president. In his new role, Waterman will coordinate directly with businesses and lenders to structure and develop unique solutions to transfer credit risks away from the company’s largest asset.
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Gateway Trade Funding Provides a $975,000 Purchase Order Facility to an Outdoor Markets Company
April 4, 2022An outdoor markets company executive had the opportunity to revive a well-known trademark. In taking over the company, he was underfinanced and lacked the working capital to take on large new orders to sustain and grow the business. With the help of a $975,000 purchase order facility from Gateway Trade Funding, the company could fill their orders and accept new orders.
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HG Global Closes New $150 Million Credit Facility
April 4, 2022White Mountains Insurance Group, Ltd. (NYSE: WTM) announced today that HG Global Ltd. ("HG") closed a new $150 million, 10-year term loan credit facility with Hudson Structured Capital Management Ltd, (conducting its re/insurance business as HSCM Bermuda) and Security Benefit Life Insurance Company.
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Tiger Finance Provides $5.2 Million Financing Facility to Private Label HBC Company
April 4, 2022Tiger Finance has closed on $5.2 million in financing for a private label health and beauty care products company in support of a brand-development program it is now undertaking for a national big-box retailer.
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1st Star Alacer LLC Welcomes Appraisal Expert to Expand Valuations Practice in North America
April 4, 20221st Star Alacer LLC, the advisory, auction and debt placement firm, announced that our new employee, John Matthies, has been named Managing Director of the North American Valuation team. This new employee appointment will facilitate targeted, high-touch service to North American clients of the company’s growing Valuations business.
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Marathon Gold Closes US$185M Credit Facility for the Valentine Gold Project
April 4, 2022Marathon Gold Corporation (“Marathon” or the “Company”; TSX: MOZ) is pleased to report that it has closed a 6.5 year US$185 million term loan credit facility (the “Facility”) with Sprott Private Resource Lending II (Collector-2) LP (“Sprott”).
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18 Partner Elite Nationwide Financial Restructuring Group Joins Paul Hastings
April 4, 2022Paul Hastings LLP, a premier global law firm advising leading financial institutions, asset managers and corporations, significantly strengthened its position among elite Wall Street firms with today’s announcement that a high-profile team of 18 financial restructuring partners has joined its New York and Los Angeles offices.
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Castlelake Names Deputy Co-Chief Investment Officers and Chief Operating Officer
April 4, 2022Castlelake, L.P. ("Castlelake"), a global alternative investment manager with 17 years of experience investing in asset-rich opportunities, today announced it has named Joe McConnell and Isaiah Toback as Deputy Co-Chief Investment Officers and Brad Farrell as Chief Operating Officer.
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Statkraft Signs EUR 1.3 Billion Sustainability-linked Revolving Credit Facility
April 4, 2022Statkraft has signed a EUR 1.3 billion 5-year sustainability-linked syndicated revolving credit facility with two 1-year extension options. The facility replaces Statkraft’s existing syndicated revolving credit facility of NOK 9.2 billion which was signed in June 2016. Statkraft has a clear commitment to sustainability, and through its activities aims to create value for society, the environment and the company.
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Missouri Financial Disclosure Bill Progresses
March 31, 2022HB 2706, the Missouri financial disclosure bill, was voted out of Committee this week. To our satisfaction, the House version of this bill now exempts factoring, but the Senate bill does not.
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Trimble Underscores Commitment to Sustainability with New Five-Year, $1.25 Billion Revolving Credit Facility
March 31, 2022Trimble (NASDAQ: TRMB) announced today that it has entered into a new five-year, $1.25 billion revolving credit facility. This facility links two of Trimble's sustainability commitments—reducing greenhouse gas emissions and increasing gender diversity with more female representation in the workplace—to its financial liquidity framework and integrates sustainability performance into its business strategy. The new facility replaces Trimble's previous $1.25 billion revolving credit facility established in 2018.
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Eastern Bank Welcomes Boston Battery LLC As An Asset-Based Lending Customer
March 31, 2022Eastern Bank is pleased to announce Boston Battery LLC as a new asset based lending customer. Boston Battery is an independent, locally owned wholesale distributor of Interstate Batteries, North America’s market leading automotive battery brand for over 60 years. Boston Battery serves the southern New England market via its four retail locations and over 1,000 authorized dealers.
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Celtic Capital Corporation Provides Funding for a California-based Powder Coating Job Shop
March 31, 2022Celtic Capital was called in to provide replacement financing and additional working capital for the Company’s anticipated growth in 2022. Celtic provided a $1,250,000 accounts receivable line of credit and a $250,000 inventory line of credit to meet the Company’s objectives.
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J D Factors Announces Factoring Facilities
March 31, 2022J D Factors announced it has provided the following factoring facilities: $500,000 to a transportation company in Georgia; $250,000 to a transportation company in California; $200,000 to a transportation company in Pennsylvania and $75,000 to a transportation company in Ontario.
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