- Mitsubishi HC Capital America Identifies Four Key Trends to Shape Equipment Finance in 2026
- TSL Subscriber Only Content
- Entrepreneur Growth Capital Provides $17,500,000 Line of Credit to Supply Chain Solutions Provider
- SouthStar Capital Funds $250,000 Accounts Receivable Facility for Growing Telecommunications Company
- SouthStar Capital Provides $5 Million Accounts Receivable Financing Facility for a Growing Commercial Construction Company
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
Today's Top Story
Featured
Quisitive Announces BMO Credit Facility and Retires Existing Credit Facility
Quisitive Technology Solutions Inc. (“Quisitive” or the “Company”) (TSXV: QUIS), a premier Microsoft Cloud Services and Payment Solutions Provider, is pleased to announce that it has paid out and retired its existing credit facility with a Canadian Schedule 1 Chartered Bank (the “Bank”) and has entered into a new credit facility with a syndicate led by Bank of Montreal (“BMO”) and including Desjardins Capital Markets ("DCM") pursuant to the terms of a loan agreement entered into between the Company, certain material subsidiaries of the Company, as guarantors, BMO, as administrative agent
TSL Express Trending Story
TSL Express Daily Headlines & News
-
Express Trade Capital provides a Slick $9.7MM SBLC Facility to a Petroleum Trading Company
March 23, 2021Express is thrilled to announce and fossilize the completion of a $9,700,000 standby letter of credit (SBLC) facility. The facility fueled a commodity trader’s purchase of petroleum from a Canadian supplier. The facility was executed early in the first quarter of 2021 and covers ongoing shipments over a 12-month period.
-
Antares Capital Compass Survey of the Middle Market Points to Higher Levels of Economic Confidence
March 23, 2021Despite market uncertainty at the height of the pandemic, positive economic sentiments have sharply rebounded in 2021. 59% of sponsors and 74% of investors are confident in the global economy over the next 12 months, up dramatically from 24% and 55% for the same groups, respectively, in 2020. Participants also report a 2021 recession is “very unlikely” despite lingering levels of financial stress in borrower portfolios.
-
Milberg Factors, Inc. Promotes Neil R. Desai to Partner and Senior Vice President
March 23, 2021In this role, Desai is responsible for managing client relationships and is actively involved in new business development, working with colleagues in the New York, North Carolina, and Los Angeles offices.
-
Alan Turner Appointed HSBC Bank Canada Head of Commercial Banking
March 23, 2021Alan Turner is appointed Head of Commercial Banking effective today, succeeding Linda Seymour who took on the role of President and Chief Executive Officer of HSBC Bank Canada in September 2020. In this role, Turner has responsibility for HSBC’s Large Corporates and Small and Medium Enterprise banking segments, as well as leading Global Trade and Receivables Finance in Canada.
-
Boeing Enters into $5.28 Billion Revolving Credit Agreement
March 23, 2021Citigroup, JPMorgan Chase Bank, BofA Securities and Wells Fargo Securities are the joint lead arrangers and joint book managers, the planemaker said here on Monday.
-
Pathlight Capital Agents $17.5 Million Senior Secured FILO Term Facility For Destination XL Group, Inc.
March 23, 2021Pathlight Capital announced it is serving as the FILO Agent on the recently funded $17.5 million first-in, last-out ("FILO") term loan facility for Destination XL Group, Inc. ("DXL" or the "Company"), the largest omni-channel specialty retailer of big and tall men's apparel. In addition to DXL Big + Tall, the Company also operates Casual Male XL retail and outlet stores and e-commerce sites including DXL.com.
-
Ankura Consulting Completes Debt Refinancing
March 23, 2021Ankura Consulting, LLC ("Ankura" or the "Company"), a global provider of a broad range of consulting services, announced today that it has completed a broadly syndicated upsizing and refinancing of its debt facilities with a new $465 million first lien term loan, a new $175 million second lien term loan, and a new $70 million revolver. The refinancing will realign the Company's capital structure and financial flexibility for future growth.
-
Cornerstone Building Brands Announces Extension and Refinancing of Credit Facilities and Conditional Redemption of 8.00% Senior Notes
March 23, 2021Cornerstone Building Brands, Inc. (NYSE: CNR) (the “Company”), the largest manufacturer of exterior building products, today announced its intention to amend and refinance its senior credit facilities, upsize, amend and extend the exiting Term Loan B, and pay down the existing 8.00% senior unsecured notes with cash from the balance sheet and proceeds from the upsized facility.
-
CNH Finance Announces Recent Financings
March 23, 2021CNH Finance is pleased to announce recent financings supporting healthcare providers, food packaging and data analytics companies. Recent financings include revolving line of credit facilities secured by AR, Inventory, Bridge to HUD term debt and term debt supported by cash flow.
-
White Oak Healthcare MOB REIT Acquires 7 Medical Office Buildings in 5 States
March 23, 2021White Oak Healthcare MOB REIT today announces the acquisition of seven medical office buildings in five states. The seven assets total 67,110 SF and are 100% leased to Fresenius and DaVita affiliates. The acquisition includes five Fresenius facilities in Berwyn, Illinois, Columbia, South Carolina, Little Rock, Arkansas, Solon, Ohio, and Birmingham, Alabama; as well as two DaVita facilities in Rockford, Illinois. All are located within close proximity to major medical districts.
-
Ruby Tuesday Consummates Court-Approved Reorganization Plan
March 23, 2021RTI Holding Company, LLC (“Ruby Tuesday” or the “Company”) has emerged from bankruptcy through a consensual plan of reorganization under which the Company will be acquired by its lenders, TCW Direct Lending LLC (“TCW”) and Goldman Sachs Specialty Lending Group, L.P. (“GS”). FocalPoint Securities, LLC (“FocalPoint”) acted as the Company’s exclusive financial advisor in connection with this transaction.
-
Prestige Capital Announces $5,000,000 in Working Capital for a Global AV Firm
March 23, 2021Prestige Capital Finance, LLC recently delivered $5,000,000 in working capital to an Arizona-based, Audio Visual (AV) firm that specializes in designing, building and installing cutting-edge AV systems for auditoriums, corporate boardrooms, classrooms and more.
-
Amerisource Closes $12,000,000 Credit Facility for Distribution Firm
March 23, 2021Amerisource Business Capital announced the closing and funding of a $12,000,000 senior credit facility for a California based distributor of construction materials. The proceeds were used to provide additional growth capital.
-
SG Credit Partners Provides $1.25MM for Real Estate Acquisition
March 23, 2021SG Credit Partners announced it provided $1.25 million for a single-asset real estate holding company owned by a prominent carwash company in the Midwest. The carwash company is just one subsidiary of a broader investment company with interests in a multitude of industries. SG underwrote the real estate as well as the personal guarantees of the two founders, who maintained significant outside personal liquidity as well as equity in various real estate and business holdings.
-
Entrepreneur Growth Capital Provides $1.8MM ABL to distributor
March 23, 2021Entrepreneur Growth Capital (“EGC”) is pleased to announce that it has provided a $1.8MM asset based line of credit to a New Jersey based distributor of building materials (the “Company”). The 115-year-old company had covenant compliance issues with its long standing bank. EGC provided an accounts receivable and inventory revolver to meet the Company’s cash flow needs and payoff the bank.
-
Newtek Business Lending, LLC Closes $100 Million Credit Facility with Deutsche Bank AG
March 23, 2021Newtek Business Services Corp., (Nasdaq: NEWT), an internally managed business development company (“BDC”), today announced that Newtek Business Lending, LLC (“NBL”), Newtek’s portfolio company that originates and funds SBA 504 loans, closed a $100 million credit facility with Deutsche Bank AG. The facility will be used to fund SBA 504 loans and has an initial two-year term.
-
Credit Suisse CEO Signals Potential Asset Management Spinoff
March 23, 2021Credit Suisse Group AG CEO Thomas Gottstein signaled he’d consider further separating the asset-management unit from the rest of the bank after the Greensill Capital collapse, as he steps up efforts to limit the reputational damage from the supply-chain finance scandal.
-
Force 10 Partners Tapped to Restructure CarbonLite, a Leading Supplier of Recycled Content in Plastic Water Bottles
March 23, 2021CarbonLite Holdings, LLC has retained Force 10 Partners to lead its restructuring effort, following its voluntary bankruptcy filing on March 8, 2021. Force 10 Co-founder Brian Weiss is serving as chief restructuring officer. The Force 10 team is focusing on the post-bankruptcy emergence of CarbonLite, one of the world's largest suppliers of post-consumer recycled polyethylene terephthalate (rPET), which is then used to produce high-quality food-grade recycled rPET material sold to the world's largest beverage companies for packaging.
-
1st Capital Bancorp Announces Marci S. Davis as Chief Credit Officer
March 23, 20211st Capital Bancorp (the “company”) (OTC Pink: FISB), the holding company of 1st Capital Bank (the “bank”), announced today that Marci S. Davis has been named Executive Vice President and Chief Credit Officer of 1st Capital Bank. Ms. Davis will serve as a member of the executive leadership team and will be directly responsible for overseeing the Bank’s loan portfolio along with related credit processes.
-
Align Capital Partners Announces New Hires and Promotions
March 23, 2021Align Capital Partners (“ACP”) is pleased to announce that James Moss and Angus Anderson join as Vice President and Operations Director, respectively, to support the firm’s continued growth. Additionally, ACP is announcing two promotions – Matt Iodice to Principal and Katie Noggle to Managing Director of Business Development.
The Secured Lender
SFNet's The 81st Annual Convention Issue
.jpg?sfvrsn=f1093d2a_0 "#3 -_ 1 (1)")
© 2025 Secured Finance Network
