- Market Sizing Study
- New Jersey–Based Bed Frame Manufacturer Secures $3,000,000 Facility from Prestige Capital to Support Recovery and Operational Continuity
- SouthStar Capital Closes $500,000 Combined Purchase Order and Accounts Receivable Financing Facility for Consumer Products Company
- Flatbay Capital Provides $2.5MM CRE Bridge Loan to Commercial Fleet Repair Shop
- Republic Business Credit Supports Textile Wholesaler with $2.75 Million Factoring Facility
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
Today's Top Story
Featured
First Citizens Bank today announced that its Middle Market Banking business provided a $60 million loan to Bahakel Communications to refinance existing debt and help finance future growth opportunities.
Bahakel Communications is a family owned-and-operated radio and television broadcast company headquartered in Charlotte, North Carolina, with additional locations in South Carolina, Alabama, Tennessee and Colorado.
TSL Express Trending Story
Featured
We tend to believe that most people who go to an interview will automatically take the job if it is offered, but many times that is not the case. It is important to remember that while you are interviewing the candidate, the candidate is also interviewing both you and the company. Just as the company has a checklist of what it is looking for, so does the candidate. Here is a guide to some of the most tried and true ways for an interviewer to ensure a ‘Yes!’ from a candidate after only one interview.
TSL Express Daily Headlines & News
-
Gordon Brothers and Ciminelli Real Estate Corporation Joint Venture Acquires Greater Boston Research & Development Building for $19.8M
June 30, 2022Gordon Brothers, the global advisory, restructuring and investment firm, in a joint venture with Ciminelli Real Estate Corporation, has acquired a 93,500-square-foot research and development building on 7.4 acres in Andover, Massachusetts for $19.8 million.
-
Riveron Acquires Clermont Partners, Significantly Expanding its ESG and Investor Relations Capabilities
June 30, 2022Riveron, a national business advisory firm, announced today its acquisition of Clermont Partners (Clermont), a women-owned consultancy specializing in environmental, social, and governance (ESG) communications and strategy, investor relations, and transaction communications.
-
Winston & Strawn’s Expanding Miami Office Adds Two Partners: A Leading Corporate / Financial Services Lawyer and an Experienced Litigator
June 30, 2022Winston & Strawn LLP announced the addition of two partners to the firm’s rapidly growing Miami office: Carl A. Fornaris, who joins the Transactions Department, and Jared R. Kessler, who joins the firm’s Litigation Department. Carl comes from the Miami office of Greenberg Traurig, LLP, where he was co-chair of both the Financial Regulatory and Compliance Practice and the Blockchain and Digital Assets Group. Jared also comes from Greenberg’s Miami office.
-
Consumer Goods Manufacturing Company in California Chooses TAB Bank for a $15 Million Asset-Based Credit Facility
June 29, 2022TAB Bank is pleased to announce the funding of $15 million asset-based line of credit for a new client that manufacturers and distributes consumer-packaged goods throughout North America and beginning to expand internationally.
-
Alcoa Gains Improved Terms with Amended and Restated Revolving Credit Facility
June 29, 2022Alcoa Corporation (NYSE: AA) today announced it has amended and restated its existing Revolving Credit Facility into a $1.25 billion revolving credit facility (the “Facility”) with improved terms, including the addition of sustainability-linked metrics. JPMorgan Chase acted as the administrative agent, Citibank N.A. as the syndication agent, and ING Capital LLC as the sustainability structuring agent.
-
Peapack-Gladstone Bank Hires Roger Grossman, Senior Managing Director, Commercial Private Banker
June 29, 2022Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack-Gladstone Bank are proud to announce the appointment of Roger Grossman as Senior Managing Director, Commercial Private Banker at Peapack-Gladstone Bank. Roger is responsible for growing a portfolio of commercial clients and servicing businesses in the Tri-State area.
-
Runway Growth Capital Announces a Senior Secured Term Loan of $50 Million to Interactions
June 29, 2022Runway Growth Capital LLC ("Runway"), a leading provider of growth loans to both venture and non-venture backed companies seeking an alternative to raising equity, today announced the close of a senior secured term loan of $50 million to Interactions. The capital will be used to refinance existing debt and provide growth and working capital.
-
MUFG Closes Acquisition Facility for a Pool of Aircraft
June 29, 2022Mitsubishi UFJ Financial Group (MUFG) is pleased to announce the closing of a limited recourse acquisition facility for SKY Leasing (SKY), where the bank acted as Co-Structuring Agent and Joint Lead Arranger. The facility is unique as it provides the financing of off-lease aircraft with structural enhancements.
-
Tenet Launches New Electric Vehicle Financing Platform
June 29, 2022Tenet today unveiled a new financial solution that lowers the cost of ownership for EVs and ushers in a new era that puts carbon-free emissions within reach for almost every new car owner and buyer. Launching with its innovative EV financing platform that rejects standard car depreciation models and values EVs as clean collateral, Tenet also plans to expand into zero-emission home upgrades to help consumers better achieve their financial and sustainability goals.
-
Marathon Capital and Sumitomo Mitsui Banking Corporation Form Strategic Partnership
June 29, 2022Marathon Capital, LLC ("Marathon Capital"), a leading independent investment banking firm, has entered into a strategic collaboration agreement ("SCA") with Sumitomo Mitsui Banking Corporation ("SMBC"), one of the largest industrial, energy and infrastructure lenders in the world. RIMON PC and Neal, Gerber & Eisenberg LLP provided legal advice to Marathon Capital. Sheumack & Co. GMA, LLC. (SHEUMACK GMA) served as exclusive strategic and financial advisor to Marathon Capital. SMBC was advised by Shearman & Sterling LLP and Skadden, Arps, Slate, Meagher & Flom LLP.
-
Masatoshi Komoriya Appointed Executive Chairman of the Board of MUFG Americas Holdings Corporation and MUFG Union Bank, N.A.
June 29, 2022MUFG, one of the world’s leading financial groups, today announced that Masatoshi (Masa) Komoriya has been appointed Executive Chairman of the board of directors for MUFG Americas Holdings Corporation and its U.S. banking subsidiary, MUFG Union Bank, N.A., effective June 30, 2022. A member of the board of directors since April 2022, he will continue to be based in New York.
-
Luna Innovations Announces $35M Debt Facility
June 29, 2022Luna Innovations Incorporated (NASDAQ: LUNA), a global leader in advanced fiber optic-based technology, today announced that it has entered into a new five-year debt facility for $35 million. The debt is provided by PNC Bank, National Association (an affiliate of PNC Financial Services Group, Inc.) (NYSE: PNC)), one of the leading credit providers to middle market companies across the country.
-
Evolent Health To Acquire IPG
June 29, 2022Evolent Health, Inc. ("Evolent" or "the Company") (NYSE: EVH) today announced that it has entered into a definitive agreement to acquire IPG, a leading technology and services company providing surgical management solutions for musculoskeletal conditions, from TPG Growth, the middle market and growth equity platform of alternative asset firm TPG, for $375 million plus additional contingent consideration of up to $87 million.
-
SLR Healthcare ABL Announces Financing
June 29, 2022SLR Healthcare ABL announced it has provided a $6 million asset-based revolving line of credit to a skilled nursing operator.
-
B&G Foods Announces Credit Agreement Amendment
June 28, 2022B&G Foods, Inc. (NYSE: BGS) announced today that it has completed an amendment to its senior secured credit facility to temporarily increase the maximum consolidated leverage ratio permitted under its revolving credit facility.
-
Matthew J. Simon Joins Moritt Hock & Hamroff Real Estate Practice Group
June 28, 2022The law firm of Moritt Hock & Hamroff has announced that Matthew J. Simon has joined the firm as Counsel in the Real Estate Practice Group, resident in the New York City office.
-
Republic Business Credit Provides $1.25 Million Traditional Factoring Facility for Novel Wristwatch, Accessory Company
June 28, 2022When a Los Angeles-based consumer packaged goods distributor sought funding to underpin its initial growth for spring orders, the company selected Republic Business Credit. Republic approved a scalable, traditional factoring facility to support the accessory company’s expected growth, fulfill initial orders and provide cushion for summer demand.
-
FocalPoint Advises Apex Innovative Sciences on its Sale to CenExel
June 28, 2022CenExel Clinical Research, Inc. (“CenExel”) completed the acquisition of Apex Innovative Sciences ("Apex"), parent company of Collaborative Neuroscience Research ("CNS") and Hassman Research Institute ("HRI"), which will be renamed as “CenExel CNS” and “CenExel HRI”, respectively. Bison Capital, a growth-oriented private equity group, completed a minority investment in Apex in 2019. FocalPoint Partners ("FocalPoint") served as exclusive financial advisor to Apex on its initial capital raise and on the company's sale to CenExel.
-
Citizens Advises New State Capital on its Acquisition of Patuxent Roofing and Contracting
June 28, 2022Citizens M&A Advisory announced today that it served as the financial advisor to New State Capital on its acquisition of Patuxent Roofing and Contracting, an independent provider of re-roofing installation and services.
-
Gridiron Capital Expands its Team of Operating Partners With the Addition of Barry Dark
June 28, 2022Gridiron Capital, LLC, an investment firm focused on partnering with founders, entrepreneurs, and management teams, is pleased to announce that Barry Dark has joined the team as an Operating Partner and CEO in Residence. As Gridiron’s newest Operating Partner, Barry’s extensive experience with tech-enabled business services companies will be a resource for partnership companies as we continue to develop and strengthen our Gridiron Centers of Excellence.
The Secured Lender
SFNet's 40 Under 40 Awards Issue



