- CIBC US ABL Team Supports NW Automotive Group with New Senior Credit Facility
- Turtle Hill Capital Provides $25 Million Credit Facility to Haven Energy to Accelerate California Home Solar and Battery Deployment
- Sallyport Commercial Finance Provides a $1 Million Factoring Facility for a Growing Canadian Manufacturer
- News Detail
- TAB Bank Extends a $15 Million Asset-Based Lending Facility to Gehr Industries
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
Today's Top Story
Featured
Crestmark, the Commercial Finance Division of MetaBank®, Announces Organizational Changes
Crestmark, the Commercial Finance Division of MetaBank®, N.A., has announced a series of organizational changes as part of a company-wide initiative to enhance customer experience and improve operational execution.
“Refocusing our organizational structure gives us the ability to serve our customers’ unique financing needs,” said Christopher Soupal, Crestmark division president. “As we continue our quest to provide a best-in-class customer experience, we’ve re-organized the business with the customer at the center, merging business lines to enhance alignment and integration for exceptional customer service and future growth.”
TSL Express Trending Story
TSL Express Daily Headlines & News
-
FTI Consulting to Acquire BOLD
December 14, 2021FTI Consulting, Inc. (NYSE: FCN) today announced that it has entered into a definitive agreement to acquire BOLD, a leading restructuring, transactions, digital and transformation advisory firm in the Netherlands. The acquisition is expected to close during the first quarter of 2022. Terms of the transaction were not disclosed.
-
SmartRent Announces Entry Into $75.0 Million Revolving Credit Facility
December 14, 2021SmartRent, Inc. (NYSE: SMRT) (the “Company” or “SmartRent”), a leading provider of smart home and smart building automation for property owners, managers, developers, homebuilders, and residents, today announced that it has entered into a $75.0 million Senior Secured Revolving Credit Facility (the “Revolving Facility”) with a five-year term.
-
Darling Ingredients Amends and Extends its Senior Secured Credit Facility
December 13, 2021Darling Ingredients Inc. (NYSE: DAR), today announced that it has amended and extended its Senior Secured Credit Facility. The amendment extends the maturity date of the revolving credit facility under the credit agreement to December 9th, 2026 (which is also the maturity date for the term loan A) and increases the borrowing capacity under the Senior Secured Credit Facility to $1.9 billion, inclusive of the $400 million delayed draw term loan A.
-
Rosenthal Upsizes Inventory Purchase Commitment To $60 Million For California-Based Solar Products Distribution Company
December 13, 2021Rosenthal & Rosenthal, Inc., the leading factoring, asset based lending and purchase order financing firm in the U.S., today announced it has upsized its recent inventory purchase commitment to support the production financing requirements of a California-based importer and distributor of solar panels, increasing the initial $30 million commitment to $60 million.
-
Amerifactors Financial Group, Llc Announces Recent Funding For Businesses Across The Nation
December 13, 2021AmeriFactors Financial Group, LLC, a leader in business funding and accounts receivable financing, continues to help thousands of businesses nationwide across a wide variety of industries. They are pleased to announce the following recent deals through accounts receivable financing.
-
Harrison Barnes Joins Triumph Bancorp, Inc. Board of Directors
December 13, 2021Triumph Bancorp, Inc. (NASDAQ: TBK) today announced the election of Harrison Barnes to its board of directors. A professional athlete since 2012, Barnes is currently a professional basketball player for the Sacramento Kings of the National Basketball Association. He currently serves on the board of directors of First National Bank (Ames, IA), the largest bank subsidiary of Ames National Corporation (Nasdaq: ATLO).
-
Pacira BioSciences Announces Closing of $375 Million Five-Year Term Loan B
December 13, 2021Pacira BioSciences, Inc. (Nasdaq: PCRX), the industry leader in its commitment to non-opioid pain management and regenerative health solutions, today announced the closing of a $375 million Senior Secured Term Loan B Facility.
-
GHO Capital Invests in Biocare Medical, A Global Leader in Oncology-focused Diagnostic Reagents and Instrumentation
December 13, 2021Global Healthcare Opportunities, or GHO Capital Partners LLP, the European specialist investor in global healthcare, announces its investment in Biocare Medical (“Biocare”), a leading developer of world-class immunohistochemistry (“IHC”) and in situ hybridization (“ISH”) reagents for cancer diagnosis and chromosomal profiling. Existing investor Excellere Partners, a US-based private equity firm shall remain a significant partner in the company alongside GHO.
-
Audax Private Debt Provides Financing to Support Wind Point Partners’ Acquisition of good2grow
December 13, 2021Audax Private Debt announced that, as Administrative Agent and sole investor, it provided a Second Lien Credit Facility supporting Wind Point Partners’ (“Wind Point”) acquisition of good2grow (“Company”), a national provider of clean label children’s juice and other beverage products. Terms of the credit facility were not disclosed.
-
Ares Management Closes Senior Direct Lending Fund II at $14 Billion with Expected Leverage
December 13, 2021Ares Management Corporation (“Ares”) (NYSE: ARES), a leading global alternative investment manager, announced today the final closing of Ares Senior Direct Lending Fund II (“SDL II” or the “Fund”). With total equity commitments of approximately $8 billion, SDL II was significantly oversubscribed relative to its initial target of $4.5 billion.
-
Electrolux Signs Inaugural Sustainability Linked Revolving Credit Facility
December 13, 2021The facility is for general corporate purposes and has a five-year maturity, with options to extend for up to two more years. The new facility refinances an existing EUR 1,000 million syndicated facility due to mature in May 2023.
-
Corcentric, a Leading B2B Network that Transforms How Companies Purchase, Pay, and Get Paid, to Become Publicly Listed Through a Business Combination with North Mountain Merger Corp.
December 13, 2021J.P. Morgan Securities LLC is acting as financial advisor and capital markets advisor, William Blair is acting as financial advisor, and Kirkland & Ellis LLP is acting as legal counsel to Corcentric. Citi is acting as capital markets advisor and Paul, Weiss, Rifkind, Wharton & Garrison LLP is acting as legal counsel to North Mountain. J.P. Morgan Securities LLC and Citi are acting as lead placement agents to North Mountain on the PIPE, William Blair is acting as co-placement agent to North Mountain on the PIPE, and Mayer Brown LLP is acting as legal counsel to the placement agents with respect to the PIPE.
-
Abacus Finance Provides Senior Debt Financing To Support the Refinancing of Rainshadow Labs by Westhook Capital Partners
December 13, 2021Abacus Finance Group, LLC – a leading provider of cash flow-based, classic senior debt for sponsor-led buyouts of companies with $3 million to $15 million in EBITDA – today announced that it served as Senior Secured Credit Facilities Administrative Agent and Lead Arranger for senior secured credit facilities to support the refinancing of Rainshadow Labs by Westhook Capital Partners.
-
QED Investors and Sound Point Capital Management, LP Announce Strategic Partnership
December 13, 2021QED Investors (QED), a global leading boutique venture capital firm focused on investing in early stage, disruptive financial services companies, announced today that it is forming a partnership with Sound Point Capital Management, LP (Sound Point), a leading alternative asset manager with expertise in the credit space, to create a new asset management business focused on providing debt and receivables financing solutions to early stage FinTech companies.
-
CloudBees Raises $245 Million in New Financing
December 13, 2021CloudBees, the leading software delivery platform for enterprises, announced it has closed a $150 million Series F financing round at a pre-money valuation of $1 billion. The company also closed a $95 million debt facility to accelerate growth.
-
Alvarez & Marsal’s Global Transaction Advisory Group Bolsters Automotive and Industrials Sector M&A Expertise
December 13, 2021Leading global professional services firm Alvarez & Marsal’s (A&M) Global Transaction Advisory Group (TAG) announces the appointment of Chicago-based, Managing Director David Evans. The addition of Mr. Evans to the Global TAG practice expands the firm’s Automotive & Industrials mergers and acquisition (M&A) expertise.
-
Regions Bank Names Leo Loughead as Financial Services Group Leader
December 13, 2021Based in Atlanta, Loughead joined Regions in 2018 as a managing director for the Financial Services Group. Over the last three years, he has served an integral role in developing the team’s strategy for structuring and executing credit services, capital markets solutions, and strategic transactions for companies and private equity sponsors active in the financial services industry.
-
Crédit Agricole CIB Lead Arranger of $3.25 Billion Syndicated Sustainability-Linked Credit Agreement for Global Materials Producer CEMEX
December 13, 2021Crédit Agricole CIB acted as Senior Mandated Lead Arranger (SMLA) for a new USD 3.25Bn syndicated Credit Agreement under its Sustainability-Linked Financing Framework (the “Framework”) for CEMEX, S.A.B. de C.V. (“CEMEX”), a Mexico-based worldwide leading vertically integrated building materials company. Crédit Agricole CIB at the same time also executed its inaugural Sustainability-Linked Cross-Currency Swap (EURUSD) in the Americas.
-
Jefferies Credit Partners Appoints Steve Marino as Head of Investor Solutions
December 13, 2021Jefferies Credit Partners ("JCP"), a leading private credit manager and the asset management arm of Jefferies Finance LLC, today announced the appointment of Steve Marino as Head of Investor Solutions. Jefferies Finance is a joint venture of Jefferies Financial Group Inc. (NYSE: JEF) and MassMutual.
-
Crestmark, the Commercial Finance Division of MetaBank®, Provides More Than $57.5 Million in Commercial Financing to 132 Businesses in November
December 13, 2021Crestmark, the Commercial Finance Division of MetaBank®, N.A., secured a total of $13,600,000 in ABL/factoring financial solutions for 23 new clients; Crestmark Equipment Finance provided $24,804,003 in 29 new transactions; Crestmark Vendor Finance provided $9,938,833 in 76 new transactions; the Government Guaranteed Lending group provided $8,195,000 in financing for three new clients; and the Joint Ventures group provided $1,007,250 in one new transaction in the month of November.
The Secured Lender
SFNet's The 81st Annual Convention Issue
.jpg?sfvrsn=f1093d2a_0 "#3 -_ 1 (1)")
© 2025 Secured Finance Network
