- Kimbell Royalty Partners Reaffirms $625 Million Credit Facility and Extends Maturity
- Siena Lending Group Provides $60 Million in Working Capital Facilities to Taskmaster Components
- Victory Park Capital Announces New Warehouse Facility with Zip, Expanding Long-Standing Partnership
- Monroe Capital Supports Growth of Alpine Investors’ Antelope Pet
- TSL Feature Articles
TSL Express Daily Articles & News
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eCapital Corp. Names Brian Gagel as Managing Director of General Factoring
eCapital Corp. (“eCapital”), a leading alternative finance provider in North America, has named Brian Gagel as Managing Director of General Factoring in its Commercial Finance division. He will report to Dave Ciccolo, the CEO of the division, and will lead a team of account management and operations professionals to support the continued growth of the general factoring business.
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TSL Express Daily Headlines & News
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Stonebriar Issues $227 Million of Fixed-Rate Reset Cumulative Preferred Shares
August 24, 2021Stonebriar Commercial Finance (“Stonebriar” or “the Company”), a leading large-ticket independent commercial finance company, announced today that it has issued and sold $227,000,000 of Series A 7.50% Fixed-Rate Reset Cumulative Preferred Shares (“Preferred Shares”) in a private offering.
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Aleafia Health Announces Closing of $10 Million Credit Facility
August 24, 2021Aleafia Health Inc. (TSX: AH, OTCQX: ALEAF) (“Aleafia Health” or the “Company”), a leader in cannabis wellness products and services, is pleased to announce the closing of a $10 million senior secured term (non-revolving) credit facility (the “Credit Facility”).
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Rite Aid Announces Successful Amendment and Extension to Credit Agreement
August 24, 2021New facilities have a scheduled maturity in August 2026 compared to prior scheduled maturity of December 2023
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Fast Pay Partners, A Wholly Owned Subsidiary of SLR Business Credit, Provides $30MM Working Capital Facility to Premier Digital Publisher
August 24, 2021The Company was experiencing rapid growth and wanted to secure a non-dilutive credit facility to refinance their incumbent lender for more flexibility and availability, help finance working capital, and to reinvest in recently acquired properties.
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Oak Valley Community Bank Announces Commercial Loan Officer Hiring
August 24, 2021Oak Valley Community Bank, a wholly owned subsidiary of Oak Valley Bancorp (NASDAQ: OVLY), announced that Mona Dmitrenko joined the bank as Vice President, Commercial Loan Officer. She is currently based out of the Sacramento Capitol Mall Branch.
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Courtade Joins CohnReznick as Managing Director
August 24, 2021This strategic hire will expand CohnReznick’s geographic footprint in the Southeast
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7 MHH Attorneys Named Best Lawyers In America© & Best Lawyers In America© Ones To Watch For 2022
August 24, 2021The law firm of Moritt Hock & Hamroff LLP is pleased to announce that the following attorneys have been selected for inclusion in the 2022 Editions of Best Lawyers® and Best Lawyers®: Ones To Watch.
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Haivision Secures a $35 Million Revolving Line of Credit From Bank of Montreal
August 23, 2021Haivision Systems Inc. ("Haivision") (TSX: HAI), a leading global provider of mission-critical, real-time video streaming and networking solutions, today announced that the company has entered into a three-year credit agreement providing for a new revolving line credit facility in the maximum principal amount of $35 million with Bank of Montreal.
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Henry Schein Announces New $1 Billion Credit Facility
August 23, 2021Henry Schein, Inc. (Nasdaq: HSIC), the world's largest provider of health care products and services to office-based dental and medical practitioners, today announced that it has amended its revolving credit facility, including an increase in the maximum borrowing amount from $750 million to $1 billion, and an extension of the facility through August 2026.
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GovCon Funding Corporation Completes Financing for $18MM Credit Facility
August 23, 2021GovCon Funding Corporation announced that it has completed financing on an $18MM credit facility for a global defense contractor.
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Truist Bank Announces the new Enterprise Operations and Global Services CoE; Team To Be Led by Raj Bharadwaj
August 23, 2021Truist Bank is combining its Banking Operations and Corporate & Institutional Group (CIG) Operations and launching a global services capability to create a new center of excellence (CoE) – Enterprise Operations and Global Services – under the Digital, Client Experience, Analytics and Marketing (DCAM) organization that is led by Dontá Wilson, chief digital and client experience officer.
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Prestige Capital Provided $5,000,000 to a Fashion and Jewelry Importer and Distributor that Pivoted to PPE Sales
August 23, 2021Prestige Capital recently provided $5,000,000 to a fashion and jewelry importer and distributor that shifted to sell PPE and Medical Equipment during the pandemic.
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J D Factors Recent Fundings
August 23, 2021J D Factors provided a $150,000 factoring facility to a transportation company in New Jersey.
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Advisory Group Equity Services Announces Official Launch of Flagship Investment Banking Division, Trust Capital Markets, to Serve Growth Stage & Middle-Market Companies
August 23, 2021Advisory Group Equity Services, LTD. ("AGES", www.agesbrokerage.com), a full-service broker dealer and member FINRA/SIPC/MSRB, has launched Trust Capital Markets ("TCM", www.trustcm.com), a growth stage and middle-market focused investment banking division providing financial advisory, capital placement, mergers and acquisitions, and restructuring services to businesses generating up to $500M in revenues. Trust Capital Markets is led by Jeffery Morfit, appointed as the Head of Investment Banking, to execute AGES's vision of growth and performance in investment banking.
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Goldman Sachs Asset Management and Charlesbank Capital Partners to Acquire Majority Ownership of MDVIP from Leonard Green & Partners and Summit Partners
August 23, 2021MDVIP, the national leader in personalized membership-based healthcare, today announced that the Private Equity business within Goldman Sachs Asset Management ("Goldman Sachs") and Charlesbank Capital Partners ("Charlesbank") have entered into a definitive agreement to acquire majority ownership of MDVIP from Leonard Green & Partners ("LGP") and Summit Partners.
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Fifth Third Private Bank Introduces Business Transition Advisory Team
August 23, 2021Fifth Third Private Bank, a division of Fifth Third Bank, N.A., has announced the creation of the Business Transition Advisory team, dedicated to preparing business owners financially and personally for a business transition or liquidity event. Leading the team is Frieda Rakhman, who joined the Bank in January bringing more than two decades of financial experience to the role.
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Quinn Residences Secures New Credit Facility from Goldman Sachs
August 23, 2021Quinn Residences ("Quinn" or the "Company") today announced the closing of a new credit facility with Goldman Sachs Bank USA (the "Facility"), which provides the Company with debt capital to facilitate its continued growth.
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Greensill Capital Attempts to Halt Lawsuit, Files for Bankruptcy in the US
August 23, 2021The remnants of Greensill Capital, the UK financing company that collapsed earlier this year, filed for bankruptcy in the US, aiming to halt litigation filed by one of its biggest clients, a coal-mining company owned by the governor of West Virginia.
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Mars Growth, a Liquidity Group Fund, Provides Fusion Sport with a $5.5M Facility, with 24 Hour Due Diligence Using “DYNAMiCS” Platform
August 23, 2021Mars Growth Capital, a fund division of the Fintech company Liquidity Capital and MUFG Fund, has announced the closing of a $5.5M financing agreement with the Australian-based sports performance tech company Fusion Sport to drive their international expansion.
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Pathlight Capital Agents $50,000,000 Senior Secured Delayed-Draw Term Facility For My Alarm Center, LLC
August 19, 2021Pathlight Capital announced today that it is serving as Agent to the recently closed, $50 Million Senior Secured Delayed-Draw Term Loan Facility ("DDTL") for My Alarm Center, LLC ("My Alarm Center" or "the Company"), a national provider of technologically advanced security and smart home automation solutions for residential and small business customers.
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