- FGI Finance Supports A2 Global with $65MM Multi-Jurisdictional Facility
- Assembled Brands Provides Accordion-Style Senior Facility to Fuel Stately’s Subscription Growth
- First Citizens Bank Provides $100 Million Upsize to WhiteHawk Capital Partner Funds
- SouthStar Capital Provides $300,000 PO & A/R Facility to Support Growing Midwest Supplier
- Pagoto Joins Entrepreneur Growth Capital
TSL Express Daily Articles & News
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Mazzotta Rentals, Inc. Secures $160 Million Credit Facility to Accelerate Growth and Continue Fleet Expansion
Mazzotta Rentals, Inc. (MRI), a leading provider of rental equipment solutions serving CT, MA, NY, RI, VT, NH, and ME in the construction, industrial, and infrastructure sectors, today announced it has secured an asset-based loan credit facility with M&T Bank (NYSE:MTB) as lead arranger and administrative agent.
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SFNet's Asset-Based Capital Conference was held February 11-12, 2025, at the Wynn in Las Vegas, NV. Now in its 17th year, it is the premier event for those in the middle-market leveraged finance and asset-based finance world. Attendees walked away with up-to-date market insights from industry leaders, with panels ranging from the current state of the economy and industry, while benefitting from networking opportunities with key decision makers. Here, conference attendee Cheryl Mayo of Haversine Funding shares some of the key conference takeaways.
TSL Express Daily Headlines & News
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Texas Enacts HB 700: New Disclosure and Registration Rules for Sales-Based Financing Providers and Brokers
June 25, 2025Please be advised that the Texas legislature has passed, and Governor Abbott has signed, TX HB 700, which relates exclusively to the disclosures which must be provided to the recipients of sales-based financing transactions, the effect of certain commercial sales-based financing contract provisions and the registration of commercial sales-based financing brokers and providing for civil penalties for the violation of this legislation.
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King Trade Capital Provides a $2.1 Million Purchase Order Finance Facility to a Dry Baked Goods Manufacturer
June 25, 2025King Trade Capital is pleased to announce the successful completion of a $2.1 million purchase order finance facility for a California based dry baked goods manufacturer.
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Armory Securities, LLC Announces the Successful $130M Sale of Everde Growers
June 25, 2025Armory Securities, LLC is pleased to announce the successful $130M sale of Everde Growers pursuant to a Chapter 11 §363 Sale of the U.S. Bankruptcy Code. Armory served as exclusive investment banker for the sale and placement agent for $110M of new financing to support the transaction.
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BHI Provides $49 Million in Financing to Hampton Manor For Three Assisted Living and Memory Care Facilities
June 25, 2025BHI, the U.S Branch of Bank Hapoalim, B.M. and a full-service commercial bank, announced that it has closed on a $49 million bridge-to-HUD facility to Hampton Manor to refinance existing debt and facilitate partnership buyout related to 3 stabilized Assisted Living & Memory Care facilities located in the suburbs surrounding Detroit, Michigan.
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MONTICELLOAM, LLC Finances $33.6M Bridge Loan for New Jersey Skilled Nursing Acquisition
June 25, 2025MONTICELLOAM, LLC (“MONTICELLOAM”), a specialized multifamily and seniors housing bridge lending platform, recently announced the financing of a $33,600,000 senior bridge loan for the acquisition of a skilled nursing facility in New Jersey.
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Morgan Stanley Capital Partners Closes Fund VIII at $3.2 Billion
June 25, 2025Morgan Stanley Capital Partners (MSCP), the middle market private equity buyout team within Morgan Stanley Investment Management, today announced the final close of North Haven Capital Partners VIII (NHCP VIII or Fund VIII) with total capital commitments of approximately $3.2 billion.
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Monroe Capital Supports Gemspring Capital Management’s Investment in Residence
June 25, 2025Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the investment in Residence by Gemspring Capital Management, LLC.
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Stellus Capital Management, LLC Provides Unitranche Financing In Support Of Clarion Capital Partners' Investment In International Cybernetics
June 25, 2025Stellus Capital Management, LLC ("Stellus") announced today that its affiliates provided senior debt financing and an equity co-investment in support of Clarion Capital Partners' ("Clarion") investment in International Cybernetics ("ICC" or the "Company"), a technology-enabled infrastructure management firm. Clarion has been actively pursuing investments in the Testing, Inspection, Certification and Compliance ("TICC") industry.
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o15 Capital Partners Provides $75 Million Unitranche Facility and Equity Co-Investment to Refinance Debt and Support Monetate's Acquisition of SiteSpect
June 25, 2025o15 Capital Partners ("o15"), through its Emerging America Credit Opportunities ("EACO") fund, is pleased to announce a $30 million senior secured "last-out" term loan as part of a $75 million unitranche facility, along with an equity co-investment, to support the acquisition of SiteSpect by Monetate, a portfolio company of Centre Lane Partners ("CLP").
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Avenacy Announces New Asset Based Lending Agreement with Texas Capital Bank
June 25, 2025Avenacy, a specialty pharmaceutical company committed to supplying critical injectable medications to the U.S. market, today announced that it has entered into an Asset Based Lending (ABL) agreement with Texas Capital Bank. The agreement provides Avenacy with the financial flexibility to accelerate its growth and support the continued expansion of its product portfolio to better serve healthcare providers, hospitals, and patients nationwide.
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Auramet Closes $350 Million Syndicated Revolving Credit Facility to Support Metals Franchise
June 25, 2025Auramet International, Inc. (“Auramet”), a leading precious metals merchant, is pleased to announce that it has closed a $350 million syndicated revolving credit facility (the “Facility”) led by Macquarie Group (“Macquarie”). Macquarie’s Commodities and Global Markets business acted as Mandated Lead Arranger, Bookrunner and Administrative Agent for the Facility, which was well oversubscribed.
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Austin Financial Services Closes a $3.75MM AR Revolver for a Multinational Cybersecurity Advisory and Training Firm
June 24, 2025Austin Financial Services, Inc. (AFS) is pleased to announce the closing of a $3.75 million accounts receivable revolver for a multinational cybersecurity advisory and training firm.
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NPK Announces New $150 Million Revolving Credit Facility
June 24, 2025NPK International Inc. (NYSE: NPKI) (“NPK” or the “Company”) today announced that it has entered into a new credit agreement (“Agreement”) effective June 20, 2025, which includes a $150 million revolving loan facility, replacing the Company’s previous asset-based revolving credit facility.
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Vultr Raises Over $300 Million in Debt as Wall Street Goes Bigger in Cloud Infrastructure
June 24, 2025Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, KeyBank and Wells Fargo participated in the syndicated credit facility, according to a statement. The company didn’t provide an exact rate that it’s paying for the debt, but did say that it’s down dramatically from prior debt raises in the industry, a sign that banks are getting more comfortable with the asset class.
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Trinity Capital Provides K2view with $15 Million to Meet Surging Demand for Agentic AI Data Infrastructure
June 24, 2025Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity Capital"), a leading alternative asset manager, today announced the commitment of $15 million in growth capital to K2view, an enterprise data management innovator powering operational data products for generative AI.
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Strider Fitness Ventures Secures $5MM in IP-Backed Growth Capital with Support from Fallingst Technologies, Mountain Ridge Capital, and AOL Sourcing
June 24, 2025In a dynamic demonstration of how intellectual property (IP) can be leveraged as a powerful financing asset, Fallingst Technologies LLC, alongside lending partner ABL OPCO LLC (d/b/a Mountain Ridge Capital, “MRC”) and capital markets advisory firm AOL Sourcing, announced today the successful closing of a $5 million structured capital facility for Strider Fitness Ventures LLC (“Strider Fitness”).
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O’Melveny Launches Special Credit & Liability Management Group
June 24, 2025O’Melveny announced today the formation of its new cross-disciplinary Special Credit & Liability Management Group, reflecting growing client demand for integrated, end-to-end support across the credit cycle, particularly as capital solutions become increasingly complex and bespoke.
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SLR Business Credit Supports Growth of Healthier-for-You Snack Bar Company with $1 Million Line of Credit
June 24, 2025SLR Business Credit, a leading asset-based lender serving middle market companies, is proud to announce the closing of a $1 million line of credit for a growing healthier-for-you snack bar company. The senior secured line of credit provides the company with the working capital needed to scale their operations and meet increasing demand.
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First Citizens Bank Arranges $270 Million in Financing for Healthcare Facilities Acquisition
June 24, 2025First Citizens Bank today announced that its Healthcare Finance business arranged $270 million in financing to support the acquisition of 30 healthcare facilities across Idaho, Oregon, Washington, Montana and Arizona.
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SSG Advises Winona Foods in the Sale of its Cheese Processing Division
June 24, 2025SSG Capital Advisors, LLC (“SSG”) served as investment banker to Winona Foods, Inc. (“Winona Foods” or the “Company”) in the sale of its cheese processing division. The transaction closed in June 2025.
The Secured Lender
SFNet's The 81st Annual Convention Issue
