- William Blair Expands Investment Banking Platform with Acquisition of Armentum Partners
- TradeCap Partners Provides $1 Million Purchase Order Finance Import Facility to Private Label Apparel Manufacturer
- Secured Finance Economic Impact Study
- eCapital Provides $18 Million Asset-Based Lending Facility to Support Industrial Manufacturer’s Turnaround and Growth
- Tiger Finance Deploys $78 Million in Q3 as Demand for Flexible Capital Grows
TSL Express Daily Articles & News
To submit company news and press releases to TSL Express, email tslexpress@sfnet.com.Today's Top Story
Featured
United Community Expands Asset-Based Lending Team with Industry Veteran Steve Janson
United Community has strengthened its Asset-Based Lending (ABL) team with the addition of Steve Janson as Senior ABL Business Development Officer. Janson brings more than 25 years of commercial finance and ABL experience, further enhancing United's ability to deliver flexible financing solutions to middle-market companies throughout the Southeast.
TSL Express Trending Story
Featured
Forging Ahead: How Flexible ABL Financing is Fueling Growth for U.S. Manufacturers
For manufacturers, growth often depends on having capital that moves as quickly as the business does. This article shows how asset-based lending and factoring can help companies refinance debt, improve liquidity and invest in equipment, operations and expansion—without being limited by traditional credit structures. For companies weighing their next move, these real-world examples offer a practical starting point.
TSL Express Daily Headlines & News
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Gordon Brothers Expands Radley with New Licensing Partnership with Lloyd Baker Leather Ltd.
October 8, 2026Gordon Brothers, the global asset experts, announced it appointed Lloyd Baker Leather Ltd as a new licensing partner for Radley, the British heritage handbag, luggage and accessory brand. As the owner and distributor of multiple established brands, Lloyd Baker Leather Ltd will develop, source, market and distribute Radley’s handbags and small leather goods across the United Kingdom, Europe, the United States and Australia.
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SouthStar Capital Announces Sally J. Stark as Senior Portfolio Managerand Scott Norris as Senior Business Development Officer
October 8, 2026SouthStar Capital announces the transition of Sally J. Stark to Portfolio Manager and Scott Norris to Senior Business Development Officer. These role changes bring decades of factoring and asset-based lending experience to the company’s portfolio management and business development efforts.
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Fifth Third Names Darren King Head of the Commercial Bank
October 8, 2026Fifth Third Bancorp (NYSE: FITB) today announced that Darren King, executive vice president, has been named head of the Commercial Bank, which now includes the Regional Banking business he already leads. King has led the Commercial Bank on an interim basis since June.
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DCA Partners Promotes Tom Arstingstall to Managing Director
October 8, 2026DCA Partners (“DCA”), an investment banking and strategic advisory firm that has advised founders and family-owned businesses for more than 25 years, today announced the promotion of Tom Arstingstall to Managing Director.
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Haynes Furniture and The Dump to Close Permanently, Marking the End of a 128-Year Family Legacy
October 8, 2026Haynes Furniture and The Dump will close permanently, bringing a 128-year family retail legacy to a close. Going-out-of-business sales begin at 10 a.m. Thursday, October 8, 2026. SB360 Capital Partners, one of the country’s leading asset disposition and advisory firms, will assist Haynes Furniture and The Dump in conducting the sales.
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White Oak Commercial Finance Names Mark Buren Managing Director, Originations
October 7, 2026White Oak Commercial Finance (“WOCF”), an affiliate of White Oak Global Advisors, today announced that Mark Buren has joined the firm as Managing Director on its Originations team. Based in Baltimore, Buren will focus on originating asset-based lending opportunities and expanding WOCF’s relationships with borrowers and intermediaries across the U.S.
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Magnite Successfully Completes Term Loan and Revolving Credit Facility Repricing
October 7, 2026Magnite (NASDAQ: MGNI), the world's largest independent sell-side advertising company, today announced the third successful repricing of its $358 million senior secured term loan facility (Term Loan) due February 2031 and the repricing of its $175 million senior secured revolving credit facility (Revolving Credit Facility) that matures in February 2029.
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Wolfspeed Announces Conditional 30-Year, $1.5 Billion Loan Commitment from U.S. Department of War to Advance Domestic Wide Bandgap Supply Chain
October 7, 2026Wolfspeed, Inc. (NYSE: WOLF) today announced it has received a conditional loan commitment letter from the U.S. Department of War (“DoW”), through its Office of Strategic Capital (“OSC”), for up to $1.5 billion of long-term financing to support the domestic development and production of silicon carbide (SiC) materials and wide bandgap power devices, with an additional focus on U.S. national security applications.
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Norton Rose Fulbright Advises Syndicate of 35 Lenders on a US$1bn Corporate Multi-Currency Facility For Seaspan Corporation
October 7, 2026Global law firm Norton Rose Fulbright advised Citigroup Global Markets Asia Limited as original mandated lead arranger and bookrunner and sole coordinator (Citi) and a syndicate of 35 lenders, on the amendment and restatement of Seaspan Corporation Pte. Ltd.'s (Seaspan) senior unsecured revolving credit facility, upsizing the facility from US$300,000,000 to US$1,000,000,000 via a non-capped greenshoe option.
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Dechert Bolsters Capital Solutions Platform With Addition of Partner Isabella Vecchio
October 7, 2026Dechert LLP announced today that Isabella (Bella) Vecchio has joined the firm’s capital solutions team as a partner in its New York office, reuniting with team leader Leo Klingbaum, partner Jennifer Harris and four associates. The arrival of Ms. Vecchio and the new associates further expands the team and strengthens the firm's capabilities in special situations financing matters.
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Power Solutions International, Inc. Secures $220 Million Committed Revolving Credit Facility to Support Continued Growth
October 7, 2026Power Solutions International, Inc. (the “Company” or “PSI”) (Nasdaq: PSIX), a leader in the design, engineering and manufacture of emission-certified engines and power systems, announced that it has entered into a new $220.0 million committed revolving credit facility (the “Credit Facility”). The new three-year Credit Facility increases PSI’s committed borrowing capacity from $135.0 million to $220.0 million, providing enhanced liquidity and financial flexibility to support the Company’s continued growth and strategic initiatives.
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Blue Bird Closes $600 Million Credit Facility Refinancing, Extends Maturity to 2031
October 7, 2026Blue Bird Corporation (Nasdaq: BLBD), the leader in low and zero emission school buses, today announced that it has closed a new $600 million senior secured credit facility. The new facilities replace the company’s existing $250 million facilities and extend the maturity from November 2028 to September 2031.
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First Citizens Bank Launches New Innovation Banking Brand
October 7, 2026First Citizens Bank, a top 20 U.S. bank, today announced the official launch of First Citizens Innovation Banking, its division dedicated to serving the innovation economy in the U.S. and internationally. The company is also launching First Citizens Fund Banking to support its large portfolio of private equity and venture capital clients.
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Rocket Pharmaceuticals Secures Strategic Credit Facility for Up to $150 Million from Hercules Capital
October 7, 2026Rocket Pharmaceuticals, Inc. (NASDAQ: RCKT), a fully integrated, commercial-stage biotechnology company advancing genetic medicines for rare and life-threatening diseases, focused on inherited cardiovascular disorders, today announced that it has entered into a credit facility agreement with Hercules Capital, Inc. (NYSE: HTGC) for up to $150 million.
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Pathward Promotes Lawrence Ridgway to Senior Managing Director of Business Development
October 7, 2026Pathward®, N.A. (“Pathward”) has promoted Lawrence (“Larry”) Ridgway to Senior Managing Director of Business Development for the working capital team. In his new role, Ridgway leads a team originating and structuring asset-based transactions to lower and middle-market companies.
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Jones Day Adds Leading Real Estate Finance Lawyer Zena Ho as Partner in Los Angeles
October 7, 2026The global law firm Jones Day announced today that Zena Ho has joined the Firm as a partner in its Los Angeles office and Financial Markets practice, where she will focus on real estate finance transactions for lenders, REITs, private equity funds, and real estate companies.
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BRG Continues Growth of Financial Institution Advisory Practice with Banking Transformation Leader Maurice Berbel
October 7, 2026BRG today announced that Maurice Berbel has joined the firm’s Financial Institution Advisory (FIA) practice as a managing director in its Operations & Technology Transformation team. A former Big Four banking practice leader, he brings over 30 years of experience advising financial institutions on consumer banking, operations improvement, technology modernization and large-scale transformation.
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Tyler Hendry Joins CohnReznick as Partner in Value Creation
October 7, 2026CohnReznick, a leading professional services firm, today announced that Tyler Hendry has joined the firm as a Partner in its Private Equity Value Creation practice. Based in Tampa, Hendry works with private equity sponsors and management teams to build strong finance functions, improve cash flow, and execute value creation plans from diligence through exit. He brings experience leading finance at portfolio companies, and helping businesses strengthen financial operations, improve working capital, integrate acquisitions, and navigate periods of growth and change.
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Alpine Ridge Funding Hires Alexis Donnorummo As VP, Underwriting
October 6, 2026Alpine Ridge Funding (“ARF”), an accounts receivable commercial finance company, announces the hiring of Alexis Donnorumo as Vice President of Underwriting. Alexis brings more than a decade of experience in commercial finance, specializing in factoring and asset-based lending with roles at prominent bank and non-bank institutions.
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SLR Business Credit Provides $10 Million Senior Secured Asset-Based Credit Facility to Markstein Sales Company, a Leading Northern California Beverage Distributor
October 6, 2026SLR Business Credit (“SLRBC”) is pleased to announce the closing of a $10 million senior secured asset-based credit facility to Markstein Sales Company (“the Company”). The facility is secured by the Company’s accounts receivable and inventory. Proceeds from the transaction will be used to support ongoing working capital requirements and position the business for continued growth.
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