- Cascadia Capital Expands Industrials Practice with Addition of Managing Director Mau
- Renovo Closes $74.5 Million Investment-Grade Corporate Note Financing
- CIBC Innovation Banking Provides Growth Capital to EnsoData
- White Oak Commercial Finance Provides $25 Million ABL Facility to Rango, Inc.
- Asset-Based Lending & Factoring Surveys
TSL Express Daily Articles & News
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Today's Top Story
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Adam Davis to Lead ABL Originations for Wells Fargo in the Northeast
In this newly created role, Adam will oversee all aspects of ABL activities, reinforcing Wells Fargo’s commitment to delivering flexible, scalable financing solutions to asset-rich companies.
TSL Express Trending Story
Featured
ABL Powers Ahead in Q2 2025 with Surge in New Money, Sponsored Deals, and Longer-Term Credits
Asset-based lending (ABL) stormed into the second quarter of 2025 with impressive volume that was a combination of both refinancing activity and new money. Q2 was the third-highest Q2 on record. According to data from LSEG LPC, ABL volume reached $41.9 billion in Q2, marking a 73% increase over Q1 and a 22% rise year-over-year.
TSL Express Daily Headlines & News
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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Drip Capital Secures US$50 Million Credit Facility from TD Bank to Accelerate North American Expansion
November 18, 2025Drip Capital, a global digital trade finance and B2B e-commerce company, has secured a US$50 million committed credit facility from Toronto-Dominion Bank (TD Bank), with the potential to expand by an additional $25 million.
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Fortress Investment Group Leads $240 Million Senior Secured Credit Facility for Overseas Adventure Travel
November 18, 2025Fortress Investment Group today announced that funds managed by its affiliates (“Fortress”) have provided a term loan as part of a $240 million senior secured credit facility to Overseas Adventure Travel. Fortress served as sole arranger on the credit facility, and as admin agent and sole lender on the $220 million term loan.
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Carlyle and AssetMark Announce Strategic Partnership to Expand Access to Private Markets for Advisors
November 18, 2025Global investment firm Carlyle (NASDAQ: CG) and AssetMark, a leading wealth management platform for independent financial advisors, today announced a strategic partnership as part of AssetMark’s expansion into private markets alongside asset managers Apollo, KKR, and StepStone.
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CIBC Innovation Banking and Information Venture Partners Provide $20 Million in Financing to DealMaker
November 18, 2025CIBC Innovation Banking announced today that, together with Information Venture Partners (IVP), it has provided a $20 million financing facility to DealMaker, a New York-based capital-raising technology platform. This transaction builds on CIBC Innovation Banking’s ongoing relationship with DealMaker, which began in 2022.
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SLR Business Credit Provides a $5 Million Factoring Facility Supporting Growth to a California-based Packaging Company
November 18, 2025SLR Business Credit (“SLRBC”) is pleased to announce the funding of a new $5 million factoring facility for a fast-growing food packaging company based in California (the “Company”).
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Heritage Global Partners to Auction Brewing and Restaurant Equipment from Nine Iron Hill Sites Under Bankruptcy Order
November 18, 2025Heritage Global Partners (“HGP”), a subsidiary of Heritage Global Inc. (NASDAQ: HGBL) and a worldwide leader in asset advisory and auction services, has been appointed by the U.S. Bankruptcy Court to conduct an auction of brewing and restaurant equipment from nine former Iron Hill Brewery & Restaurant locations.
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AI Adoption in Retail Is Surging--But Meaningful Business Impacts Remain Limited, New BRG Survey Shows
November 18, 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.
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Lendscape Powers Siemens Financial Services' Extended Payment Terms B2B Finance Solution
November 18, 2025Lendscape, the leading fintech specialising in working capital technology, has announced the successful implementation of its platform to support Siemens Financial Services (SFS) with their Extended Payment Terms (EPT) solution. The cutting-edge platform developed by Lendscape provides a robust and scalable foundation for EPT processing on behalf of SFS, marking a significant advancement in financial flexibility and efficiency for suitable commercial buyers of Siemens’ products.
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