- Asset-Based Lending & Factoring Surveys
- Nightpeak Energy Secures $75 Million Corporate Credit Facility to Support Continued Growth
- Hedaya Capital Supports Strategic Growth Plans at Apparel Company Startup
- Blank Rome Further Expands Construction, Infrastructure, and Energy Platform with Partner Tarek F. Abdalla
- SouthStar Capital Closes Accounts Receivable Financing Facility for Aerospace & Defense Government Contractor
TSL Express Daily Articles & News
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Featured
SFNet Releases Q3 2025 Asset-Based Lending and Confidence Indexes
The Secured Finance Network (SFNet) has released its Q3 2025 Asset-Based Lending Index and Lender Confidence Index, offering a snapshot of how the industry has remained strong despite tariff headwinds, a government shutdown, and private credit bankruptcies in the headlines.
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Betty Hernandez: Leading SFNet with Vision and Dedication
Betty Hernandez, executive vice president and chief credit officer, SLR Business Credit, and incoming SFNet president, shares her career journey and extensive involvement with SFNet. She discusses her priorities as SFNet president and vision for the future of the secured finance industry.
TSL Express Daily Headlines & News
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Green Thumb Industries Announces an Additional $50 Million Senior Debt Financing
February 24, 2026Green Thumb Industries Inc. (“Green Thumb” or the “Company”) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods company and owner of RISE Dispensaries, today announced the Company increased its existing syndicated credit facility led by Valley National Bank by $50 million, bringing the total facility to $189 million.
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VSS Capital Partners Announces Team Promotions
February 24, 2026VSS Capital Partners (“VSS”), a leading private investment firm specializing in the healthcare, education, and business services sectors, today announced the promotions of Brad Corbin to Managing Director, Aditya Govil and Sai Parepally to Principals, Jon-Michael Beckelman to Vice President, Jack Lewin to Senior Associate and Dan Miyoshi to Assistant Controller.
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Gordon Brothers Serves as International Agent for $126M Financing Package to Support Valore Holdings’ Acquisition of Mirai Casting Group
February 23, 2026Gordon Brothers, the global asset experts, served as international agent for a $126 million facility to support Valore Holdings’ (Valore) acquisition of Mirai Casting Group (Mirai), a leading international Tier 1 supplier of automotive casting products major U.S., Japanese and European original equipment manufacturers.
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Blank Rome Expands in Pittsburgh with Addition of Leading Corporate and M&A Partners Bob Zinn and Megan Wotherspoon
February 23, 2026Blank Rome LLP is pleased to announce that Robert P. “Bob” Zinn and Megan A. Wotherspoon have joined the firm’s Pittsburgh office as partners in the Corporate, M&A, and Securities group and the Financial Services industry team. They join Blank Rome from K&L Gates, where Bob co-led its firm-wide corporate practice from 2007 to 2023 and was a founder of its manufacturing and FinTech industry groups.
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Republic Business Credit Provides $2 Million Factoring Facility to Automotive Products Manufacturer
February 23, 2026Republic Business Credit provided a $2 million factoring facility to a West Coast-based small business that supplies parts for the U.S. automotive industry. The financing optimizes the Company's working capital by enabling extended customer payment terms that align with industry standards.
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eCapital and 123Loadboard Establish Strategic Collaboration to Connect Transportation Clients with Freight Opportunities
February 23, 2026eCapital Corp. (“eCapital”), a tech-enabled specialty finance provider serving small and midsize businesses across North America and the United Kingdom, today announced that the eCapital Transportation Group has entered a strategic partnership with 123Loadboard. As one of North America’s longest-running digital freight-matching platforms, 123Loadboard is known for helping carriers and brokers find loads and keep trucks moving.
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Tiger Finance Provides $15 Million Credit Facility to Support Ashley Stewart’s Transformation and Omnichannel Growth
February 23, 2026Tiger Finance has provided a $15 million revolving credit facility to Ashley Stewart, the women’s fashion and lifestyle brand founded in Brooklyn in 1991. The financing enhances the company’s liquidity position and will support ongoing growth initiatives under new ownership.
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Honigman Welcomes Strategic Private Equity Duo to Growing Chicago Office
February 23, 2026Honigman LLP announced today that Alexander (Alex) Moss and Injune Park have joined the firm’s nationally recognized Private Equity Practice in the firm’s Corporate Department. Marking the seventh and eighth partners to join the firm this year, Park and Moss both join Honigman’s private equity practice from Benesch, Friedlander, Coplan & Aronoff on the heels of George Stowe, who also joined Honigman from the same firm last fall.
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Eldridge Closes $350 Million Lease Facility with ProPetro
February 23, 2026Eldridge Capital Management (“Eldridge”) today announced the closing of a $350 million lease facility with ProPetro Energy Solutions, LLC d/b/a PROPWRSM (“PROPWR”), a wholly owned subsidiary of ProPetro Holding Corp. (NYSE: PUMP).
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Herbalife Plans to Refinance Senior Secured Debt
February 23, 2026-Herbalife Ltd. (NYSE: HLF), a premier health and wellness company, community and platform, today announced plans to refinance its senior secured debt. The Company is targeting $1.55 billion of secured financing, which is expected to include a $425 million revolving credit facility, a $125 million Term Loan A, a $500 million Term Loan B and $500 million of other secured debt.
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CAN Capital Acquires Equipment Finance Portfolio and Platform
February 23, 2026CAN Capital, a leading provider of access to alternative financing solutions for small and medium-sized businesses, today announced that it has acquired the equipment finance portfolio and platform of Republic Bank Finance, a division of Republic Bancorp, Inc. (NYSE: RBCAA), headquartered in Lexington, Kentucky.
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Western Alliance Bank Supports OnQ With $7.5 Million Asset-Based Line of Credit
February 23, 2026Western Alliance Bank today announced that OnQ, the leading retail display company, has secured an enhanced credit facility with the bank’s Asset-Based Lending Group. Western Alliance Bank is supporting OnQ by providing a $7.5 million asset-based line of credit and customized treasury management solutions to support the company’s current growth trajectory. The line of credit provides OnQ with flexibility as it scales its platform to serve a growing base of global retail brands.
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Private Credit Downgrades Climb as 2026 Outlook Stays Negative
February 23, 2026Downgrades have significantly outpaced upgrades over the past 12 months, and a large share of rating actions are pushing borrowers into the lower end of the ratings spectrum.
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NXT Capital Closes Senior Credit Facility in Support of Riverarch Equity Partners’ Acquisition of Walex Products Company, Inc.
February 23, 2026NXT Capital announced today that it closed a senior credit facility in support of Riverarch Equity Partners’ acquisition of Walex Products Company, Inc. NXT Capital acted as Sole Lead Arranger, Sole Bookrunner, and Administrative Agent on this transaction.
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Park Dental Partners Amends $28 Million Credit Facilities With U.S. Bank, Extends Revolver to 2029
February 23, 2026Park Dental Partners amended its Amended and Restated Credit Agreement with U.S. Bank, effective Jan 1, 2026, covering a $15 million revolving line and a $13 million term loan.
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Furniture Retailer American Signature to Liquidate in Wake of Chapter 11 Filing
February 23, 2026National furniture retailer American Signature is on its way to liquidation as roughly 90 of its remaining stores and warehouses across more than a dozen states officially go on the block. A&G Real Estate Partners on Thursday said it is now marketing the last batch of properties leased or owned by Columbus, Ohio-based American Signature, the parent of Value City Furniture and American Signature Furniture.
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FCI Announces Retirement of Secretary General Neal Harm
February 23, 2026FCI announces that Secretary General, Neal Harm, will retire in September 2026, concluding a three-decade career within the global factoring and receivables finance industry. He will begin working with his successor to ensure a smooth transition.
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DailyPay Upsizes Secured Credit Facility to $960 Million
February 19, 2026DailyPay, the leading On-Demand Pay platform and financial wellness solution, today announced the closing of a $200 million upsizing of its secured credit facility, increasing total committed capacity to $960 million.
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SSG Advises US Magnesium in the Sale of Select Unencumbered Assets to the Utah Division of Forestry, Fire, and State Lands
February 19, 2026SSG Capital Advisors, LLC (“SSG”) served as the investment banker to US Magnesium LLC (“US Magnesium” or the “Company”) in the sale of select unencumbered assets to the Utah Division of Forestry, Fire, and State Lands (“FFSL”). The sale was effectuated through a Chapter 11 Section 363 process in the U.S. Bankruptcy Court for the District of Delaware. The transaction closed in February 2026.
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Specialist M&A Advisory Platform Formed as BlackArch Partners and Clearsight Advisors Align Under a Single Broker-Dealer
February 19, 2026BlackArch Partners LLC ("BlackArch") and Clearsight Advisors, Inc. ("Clearsight") announced alignment under a single broker-dealer, bringing together two specialist M&A advisory firms with complementary sector expertise, shared values, and a common commitment to senior-led execution.
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