- Bank of America Names Marc Compton as Oregon and Southwest Washington President
- TSL Feature Articles
- Asset-Based Lending & Factoring Surveys
- CIBC Announces Senior Executive Leadership Changes
- Gen II’s Sensr Analytics Expands Private Credit Capabilities with New Portfolio Analytics and Reporting Tools
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
Today's Top Story
Featured
Ares Commercial Finance Has Provided a Senior Secured Credit Facility to MFG Chemical, LLC
Ares Commercial Finance announced today that it has provided a senior secured credit facility to MFG Chemical, LLC, a portfolio company of Platte River Equity. The credit facility consists of an asset based revolving line of credit and a term loan. Proceeds of the credit facility were used to refinance existing indebtedness and for ongoing working capital.
TSL Express Trending Story
TSL Express Daily Headlines & News
-
Erik T. Bahr Appointed Chief Revenue Officer of TBK Bank, SSB
March 14, 2022Triumph Bancorp, Inc. (Nasdaq: TBK) announced today the appointment of Erik T. Bahr as chief revenue officer of TBK Bank, SSB, member FDIC. In the newly created role, Bahr is responsible for driving go-to-market strategy, sales performance, client satisfaction, and overall operations of the sales channels and partnership for the bank’s transportation lines of business.
-
Eagle Global Enters Into Financing Agreement With Goldman Sachs Asset Management to Accelerate Growth
March 14, 2022Eagle Global (“Eagle”), a women and minority-owned distributed gaming provider based in Georgia, today announced that it has entered into a $50 million financing agreement with the Private Credit business within Goldman Sachs Asset Management (“Goldman Sachs”) to finance the combination of two COAM businesses.
-
Amerisource Closes $1,500,000 Credit Facility for Apparel Manufacturing Firm
March 14, 2022Amerisource Business Capital announced the closing and funding of a $1,500,000 senior credit facility for a North Carolina-based hosiery manufacturer. The proceeds were used to provide working capital to support the company’s projected growth.
-
Sonida Completes $80M Refinancing, Pushing Debt Maturities to 2024 and Positioning Company for Growth
March 14, 2022Sonida Senior Living (NYSE: SNDA) has entered into a loan agreement to refinance existing mortgage debt, addressing all of the company’s debt maturities through 2024 and positioning it to grow. The transaction consists of an $80 million initial term loan and up to $50 million of additional capital, with an uncommitted $40 million accordion provision meant to fund the Dallas-based company’s growth in the future, according to a press release.
-
Harbor Custom Development, Inc. Announces the Completion of New Senior Secured Revolving Credit Facility of $25 Million
March 14, 2022Harbor Custom Development, Inc. (Nasdaq: HCDI, HCDIP, HCDIW, HCDIZ) ("Harbor," "Harbor Custom Homes®," or the "Company"), an innovative and market leading real estate company involved in all aspects of the land development cycle, today announced the closing of a senior secured revolving credit facility (the “Revolving Facility”) with BankUnited, Inc. The facility will provide the Company with a $25 million capacity over a two-year term.
-
Gridiron-Backed Colibri Group Announces Strategic Acquisition of Becker Professional Education and OnCourse Learning
March 14, 2022Gridiron Capital, LLC (“Gridiron Capital”), an investment firm focused on partnering with founders, entrepreneurs, and management teams, is pleased to announce that its portfolio company Colibri Group (“Colibri”), a professional education company with leading brands that provide learning solutions to licensed professionals, has acquired Becker Professional Education (“Becker”) and OnCourse Learning.
-
SSG Advises NITROcrete in the Sale of Substantially all of its Assets to an Affiliate of Cryogenic Industrial Solutions
March 14, 2022SSG Advisors, LLC (“SSG”) acted as the investment banker to NITROcrete, LLC and its affiliates (collectively “NITROcrete” or the “Company”) in the sale of substantially all of its assets to an affiliate of Cryogenic Industrial Solutions, LLC (“Cryogenic”). The sale was effectuated through a Chapter 11 Section 363 process in the U.S. Bankruptcy Court for the District of Colorado.
-
RSM US Middle Market Business Index - Q1 2022: Inflation and omicron dampen business confidence
March 14, 2022The omicron variant and rising prices have taken a toll on both overall economic activity and consumer and business confidence over the past three months, according to the latest proprietary RSM US Middle Market Business Index.
-
Xeris Announces $150M Senior Secured Term Loan Facility With Hayfin Capital
March 14, 2022Xeris Biopharma Holdings, Inc. (“Xeris” or “the Company”) (Nasdaq: XERS), a biopharmaceutical company developing and commercializing unique therapies for patient populations in endocrinology, neurology, and gastroenterology, today announced it has entered into a senior secured term loan agreement (“debt facility”) with funds managed by Hayfin Capital Management LLP (“Hayfin”) to provide Xeris with up to a total of $150 million of capital.
-
Gateway Trade Funding Provides a $5,700,000 Purchase Order Facility to an Accessories Company
March 10, 2022An accessories company had received a large order from a national retailer and needed letters of credit so their suppliers would ship the goods. They had just started working with a new factoring company that recommended partnering with Gateway Trade Funding for purchase order financing.
-
Schulte Roth & Zabel Strengthens Business Reorganization Group with Addition of Ned S. Schodek
March 10, 2022Schulte Roth & Zabel today announced that Ned S. Schodek has joined the firm as a partner in the Business Reorganization Group, based in the New York office. Ned focuses his practice on representing creditors (with a focus on fund clients), ad hoc creditor groups, debtors, acquirers of assets, and other parties-in-interest in large and complex prepackaged, pre-negotiated and traditional Chapter 11 bankruptcies, out-of-court workouts, debtor-in-possession financings, adversary proceedings, and broker-dealer liquidations.
-
Ensurem Enters Into $100 Million Credit Facility with DZ BANK
March 10, 2022Ensurem, a Florida-based insurance technology and distribution company, today announced that it has entered into a $100 million credit facility with DZ BANK. This facility refinances existing debt and allows Ensurem to meaningfully increase the marketing and distribution of Medicare Advantage and Medicare Supplement policies.
-
CIBC Innovation Banking Provides $12 Million Financing to Phorest Salon Software to Accelerate Growth
March 10, 2022CIBC Innovation Banking is pleased to announce $12 million of growth financing for Dublin-based Phorest Salon Software (“Phorest”), a leading provider of online booking and management software for salon owners. Phorest will use the capital to expand its market growth and accelerate the launch of strategic products to deliver on its next-generation platform and machine learning initiatives.
-
Monroe Capital Supports GreyLion’s Acquisition of Norwood Sawmills
March 10, 2022Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Norwood Sawmills (“Norwood”) by private equity sponsor, GreyLion.
-
Sabre Corporation Announces Refinancing of Term B Loans
March 10, 2022Sabre Corporation ("Sabre") (Nasdaq: SABR) today announced a refinancing of a portion of its existing indebtedness. Sabre incurred no additional indebtedness as a result of the refinancing above the refinanced amount, other than amounts covering certain interest, fees and expenses. The refinancing has meaningfully improved Sabre's debt maturity profile.
-
People’s Bank of Commerce Hires EVP/Chief Credit Officer
March 10, 2022People's Bank of Commerce is pleased to announce the recent hiring of William (Bill) Whalen as executive vice president and chief credit officer. Whalen joins People's Bank with almost 33 years of experience in the banking industry, of which 30 have been in Oregon. He most recently worked as senior vice president and chief credit officer for another Oregon based community bank.
-
United Bank Announces New President
March 10, 2022Richard M. Adams, Chairman of the Board of United Bank (“United”), announced the Board’s approval of the promotion of Julie R. Gurtis to President effective April 1, 2022. Julie Gurtis currently serves as United’s EVP and Chief Commercial Banking Officer. In addition to managing Commercial Lending, she is responsible for overseeing Commercial Services, Business Banking, Loan Administration, Sales Management, and Marketing. Her 31-year career at United has included roles as Commercial Lender, Market President, and Regional President.
-
Ares Capital Corporation Appoints Mary Beth Henson to its Board of Directors
March 10, 2022Ares Capital Corporation (“Ares Capital”) (NASDAQ:ARCC) announced today that Mary Beth Henson has joined its Board of Directors (the “Board”) as an independent director. The Board has been expanded from nine to 10 members, including six independent directors.
-
Winston & Strawn to Close Moscow Office
March 10, 2022The global law firm of Winston & Strawn LLP announced today that the Firm will close its Moscow office, citing the escalation of Russia's unprovoked invasion of Ukraine and the consequent ongoing violations of basic human rights and international law. This decision follows Winston's March 4 announcement that, in addition to complying with all applicable sanctions, the Firm would withdraw from the representation of Russian state-owned entities and any clients who the Firm reasonably believes have known ties to Russia's war efforts.
-
Wolters Kluwer to Acquire IDS
March 9, 2022Wolters Kluwer Governance, Risk & Compliance (GRC) has signed an agreement with The Reynolds and Reynolds Company to acquire International Document Services, Inc. (IDS), a leading U.S. provider of compliance and document generation software solutions for the mortgage and real estate industry, for approximately $70 million in cash.
The Secured Lender
SFNet's The Women in Secured Finance Issue
© 2026 Secured Finance Network



