- Gold Royalty Announces Amended and Upsized Revolving Credit Facility of up to $100 Million and Elimination of Debt
- Goldberg Kohn Welcomes Veteran Tax Attorney Kelly Glynn to its Corporate Practice Group
- News Detail
- Hedaya Capital Supports Seasonal Needs of Apparel Company
- American Resources Corporation Secures $5 Million Credit Facility with Old National Bank to Procure Rare Earth and Critical Mineral Feedstocks
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
Today's Top Story
Featured
Resilient and Strong: Q3 2025 ABL Market Sets Record Amid Macro Uncertainty
Amid a backdrop of rapidly changing geopolitical risks, trade policy recalibration, rising concern over the labor market and consumer spending and tepid M&A activity, the U.S. asset-based lending market delivered the highest quarterly volume on record excluding the volume relating to LIBOR cessation in 2023.
TSL Express Trending Story
Featured
Navigating the Switch: Practical Considerations in the Transition from Commercial Bank Loans to Private Credit Loans in the Middle Market
Many articles compare syndicated loans and private credit loans as asset classes, often noting the faster execution of private credit lenders and the lower cost of capital in syndicated bank deals. However, these types of articles often skip over the practical challenges that can arise when refinancing a syndicated bank loan with a private credit loan. This article will highlight several of those topics and the related considerations that borrowers in the middle market and lower middle market should keep in mind.
TSL Express Daily Headlines & News
-
AI Adoption in Retail Is Surging--But Meaningful Business Impacts Remain Limited, New BRG Survey Shows
November 20, 2025In an AI-obsessed world, retailers are racing to highlight their organizations' artificial intelligence adoption and capabilities—but corporate leaders may be overestimating these tools' tangible impacts, according to BRG's new research report AI in Retail: In Pursuit of Meaningful Adoption.
-
Tse Joins CohnReznick as Assurance Partner
November 20, 2025CohnReznick, a leading professional services firm, today announced that Milton Tse has joined as an Assurance Partner. Based in the firm’s new San Francisco office, Tse brings more than 25 years of experience providing audit and advisory services to public and private companies in the technology and manufacturing sectors.
-
J.P. Morgan Asset Management's Private Equity Group Closes Co-Investment Fund II Above Target at $1 Billion
November 20, 2025J.P. Morgan Asset Management's Private Equity Group ("PEG") today announced the closing of its second dedicated co-investment fund, PEG Co-Investment Fund II ("COIN II"). COIN II closed above its $750 million target at $1 billion, including commitments from the PEG team.
-
UbiQD Secures $6M in Growth Capital from Silicon Valley Bank, Appoints Tony Beams as Chief Financial Officer
November 20, 2025UbiQD®, a global leader in quantum dot technology, today announced a $6 million debt financing agreement with Silicon Valley Bank (SVB), a division of First Citizens Bank, to support the company's continued growth. This capital will fund strategic infrastructure investments including facility upgrades and specialized manufacturing equipment, supporting UbiQD's scale-up in response to new commercial demand.
-
White Oak Global Advisors Provides Senior Secured Loan to Support the Recapitalization of a Leading Global Software Platform
November 20, 2025White Oak Global Advisors (“White Oak”) today announced it has provided a $17 million senior secured loan to a global cloud-based software and services company (the “Company”). The investment will support the Company’s recapitalization and provide additional liquidity to fund continued growth and product development initiatives.
-
First Citizens Bank Purchases Office Building in San Francisco
November 20, 2025First-Citizens Bank & Trust Company ("First Citizens Bank"), the wholly owned banking subsidiary of First Citizens BancShares, Inc. ("BancShares") (Nasdaq: FCNCA), today announced the purchase of a downtown San Francisco building in support of the company's large and growing client base in the region. Located at 667 Mission Street in downtown San Francisco, First Citizens will renovate the office space with an expected move-in date in 2027.
-
In Memoriam: Patti Kotusky
November 20, 2025SLR Business Credit is saddened to announce that, Patti Kotusky, its Manager of ABL Operations and one of its founders, passed away after a short illness.
-
ElmBlue Equipment Finance Secures $125 Million Credit Facility with Wells Fargo
November 19, 2025ElmBlue Equipment Finance, a rapidly growing provider of commercial equipment-financing solutions, today announced it has secured a $125 million senior credit facility from Wells Fargo Bank, N.A. The new facility provides ElmBlue with additional lending capacity to support its nationwide growth and fund an expanding portfolio of equipment-finance transactions.
-
Legacy Corporate Lending Provides $31 Million Asset-Based Credit Facility to Shapiro Metals Company
November 19, 2025Legacy Corporate Lending, LLC (“Legacy”), an independent asset-based lending (ABL) company focused on serving the needs of middle market companies across North America, today announced that it provided a $31 million asset-based credit facility to Shapiro Metals Company (“Shapiro” or the “Company”), a family-owned, third-generation metals, aluminum scrap processor and aluminum ingot producer.
-
NMEF Raises $30 Million in Corporate Notes Through Brean Capital
November 19, 2025North Mill Equipment Finance LLC (“NMEF”), a leading independent commercial equipment lender and lessor headquartered in Norwalk, Connecticut, is pleased to announce the successful extension and upsize of their investment-grade rated corporate notes to $30.0 million.
-
OneWater Marine Inc. Extends Term Loan and Floor Plan Credit Facilities
November 19, 2025OneWater Marine Inc. (NASDAQ: ONEW) (“OneWater” or the “Company”) today announced that it has executed amendments to extend the maturities of its senior secured term loan facility and its floor plan financing facility.
-
Carter's Establishes $750 Million Credit Facility to Replace Existing Debt
November 19, 2025Carter's Inc. (NYSE: CRI) announced that its subsidiary The William Carter Company entered into a new five-year senior secured asset-based revolving credit facility worth up to $750 million on November 17, 2025.
-
JPalmer Collective Funds Building Supply Leader
November 19, 2025JPalmer Collective (JPC), an asset-based lending firm committed to funding high-growth, women-led, and natural products companies, today announced an $8 million financing agreement with a premier U.S.-based manufacturer of custom prestressed and architectural precast concrete components.
-
CIBC U.S. Asset Based Lending Provides Senior Credit Facility to Facilitate an ESOP Conversion for World’s Finest Chocolate
November 19, 2025CIBC U.S. Asset Based Lending is pleased to announce the closing of an upsized credit facility to further support and strengthen long-term client, World’s Finest Chocolate Inc., and its conversion from a family-owned business to a partial ESOP, as well as provide working capital to fuel the continuing growth of the business and a comprehensive suite of banking services.
-
First Business Bank Funds $2.5 Million Factoring Facility For Federal Government Contractor in Virginia
November 19, 2025First Business Bank’s Accounts Receivable Financing group announces the funding of a $2.5 million factoring facility for a contractor in Virginia that serves the U.S. Federal Government and its prime contractors. The entrepreneurial company operates multiple product lines, creating dynamic growth opportunities that require flexible financing solutions.
-
Silicon Valley Bank Appoints Megan Scheffel Head of Life Science and Healthcare Banking
November 19, 2025Silicon Valley Bank (SVB), a division of First Citizens Bank, today announced that 28-year company veteran, Megan Scheffel, has been named Head of Life Science and Healthcare Banking. In her role, Scheffel will lead a nationwide team dedicated to providing specialized banking services, debt financing solutions, industry partnerships, and leading market insights to companies and investors across the sector.
-
Castleton Commodities International LLC Completes Renewal of Credit Facilities Totaling Over $2.1 Billion
November 19, 2025Castleton Commodities International LLC (CCI) has announced the successful renewal of two credit facilities totaling more than $2.1 billion.
-
Moment Energy Secures $5 Million in Debt Financing from TD Innovation Partners to Help Advance Global Shift Toward Clean, Reliable Energy Storage
November 19, 2025Moment Energy, one of North America's leading EV battery repurposing companies, today announced it has secured $5 million in growth financing from TD Innovation Partners (TDIP), the innovation banking division of The Toronto-Dominion Bank.
-
Lugano Diamonds & Jewelry Initiates Voluntary Chapter 11 Cases to Facilitate Value-Maximizing Sale Transaction
November 19, 2025Lugano Diamonds & Jewelry Inc. (“Lugano” or the “Company”), a designer, manufacturer, and retailer of high-end jewelry, today announced that the Company and certain of its affiliates have voluntarily filed for chapter 11 relief in the United States Bankruptcy Court for the District of Delaware (the “Court”) to facilitate a value-maximizing sale transaction.
-
EBSC Lending Provides $27.1 Million Construction Loan for New Multifamily Community in Orlando, Florida
November 19, 2025EBSC Lending announced today that it has closed on a $27.1 million construction loan to support the development of a new multifamily community in Orlando, Florida. The fully entitled project is scheduled for completion in 2027.
The Secured Lender
SFNet's The 81st Annual Convention Issue
