- First Citizens BancShares, Inc. Announces Chief Risk Officer Transition, Names Successor
- Fuchs Rejoins CohnReznick as Financial Services Audit Partner
- Mitsubishi HC Capital Canada Closes US$62.5 Million Through Private Credit Platform to Accelerate Growth for Four Canadian Businesses
- Ares Raises Over $7 Billion for Leading Credit Secondaries Strategy
- Targeted Lending Co., LLC Expands Senior Credit Facility with Wells Fargo Capital Finance to $125 Million
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
Today's Top Story
Featured
Austin Financial Services and Stearns Bank Enter New Strategic Joint Venture
Austin Financial Services, Inc. (AFS), a leading nationwide provider of asset-based lending (ABL) solutions, announced it has entered into a new strategic joint venture with Stearns Bank, a well-capitalized, employee-owned financial services institution committed to helping small businesses, entrepreneurs and communities reach their full economic potential.
TSL Express Trending Story
Featured
Mastering the Art of Communication: Strategies for Building Stronger Business Relationships
In an era when technology and business move faster than ever, mastering communication is key to professional success. SFNet’s webinar, “The Art of Communication,” held March 4, brought together secured finance industry professionals at various career stages to discuss the evolving communication landscape in 2025. Panelists explored best practices for balancing technology with human connection, choosing the right mode of communication for different scenarios, and improving overall efficiency and productivity.
TSL Express Daily Headlines & News
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Stampede Drilling Inc. Announces Credit Agreement Extension
July 21, 2025Stampede Drilling Inc. ("Stampede" or the "Company") (TSXV: SDI) is pleased to announce that it has entered into an amending agreement (the "First Amending Agreement") to its amended and restated credit agreement with Royal Bank of Canada and The Toronto-Dominion Bank originally made as of September 20, 2023 and amended and restated as of August 21, 2024 (as amended by the First Amending Agreement.
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Wag! Group Co. Announces Recapitalization Transaction with Retriever LLC
July 21, 2025Wag! Group Co. (the “Company” or “Wag!”; Nasdaq: PET), which strives to be the number one platform to solve the service, product, and wellness needs of the modern U.S. pet household, today announced that it is pursuing a comprehensive balance sheet restructuring through a voluntary, pre-packaged Chapter 11 process in the U.S. Bankruptcy Court for the District of Delaware.
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Ares Management Announces Appointment of Sarah Cole as Co-Head of Global Capital Solutions
July 21, 2025Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today the appointment of Sarah Cole as Partner and Co-Head of the Ares Global Capital Solutions team alongside current Partner and group Co-Head Roshan Chagan.
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Construction Equipment Rental Firm based in Georgia Receives $3,000,000 Facility from Prestige Capital
July 21, 2025A leading Georgia-based provider of drilling equipment and foundation tools for the construction industry has secured a $3,000,000 financing facility from Prestige Capital. The company, which offers new, used, and rental equipment, was referred by a New Jersey-based consulting firm.
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Flatbay Capital Provides a $1.4MM CRE Line of Credit to Returning Client
July 21, 2025Flatbay Capital provided a $1.4MM CRE line of credit for an international company specializing in drilling and excavation services for working capital.
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Trinity Capital Inc. Provides Alt Platform Inc. with up to $40 Million Asset Based Credit Facility
July 21, 2025Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity Capital"), a leading alternative asset manager, today announced the commitment of up to $40 million in an asset based revolving credit facility to Alt, a dynamic online marketplace that facilitates buying, selling, vaulting, and loans against investment-grade trading cards.
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nFusion Capital Provides $1.25 Million ABL Facility for ATX Specialty Foods
July 21, 2025ATX Specialty Foods (ATX) is a premier manufacturer of high-quality sauces and condiments serving the food industry. Headquartered in Texas, ATX serves up a broadly diversified portfolio of retail branded, foodservice, and private label offerings, and believes that great food comes from passion, quality ingredients and good people.
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MidCap Business Credit Announces Jerry Clinton has Joined as SVP, Underwriting Manager
July 21, 2025MidCap Business Credit announced that Jerry Clinton has joined the firm as Senior Vice President, Underwriting Manager. Based in the Greater Philadelphia region, Clinton will oversee and grow the underwriting department supporting MidCap’s overall strategy.
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Western Alliance Bank to Unify All Divisions Under One Brand
July 21, 2025Western Alliance Bank (NYSE: WAL) (“Western Alliance” or the “Bank”) today unveiled plans to unite all of the Bank’s divisions under the Western Alliance Bank brand. By year-end, six division bank brands – Alliance Association Bank, Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank and Torrey Pines Bank – will take on the Western Alliance Bank name.
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M&T Bank Names Tracy Woodrow Regional President for Western New York
July 21, 2025M&T Bank (NYSE:MTB) has announced the appointment of Tracy S. Woodrow to serve as Regional President for Western New York, the company's home and headquarters for nearly 170 years. Woodrow will remain M&T Bank's Chief Administrative Officer, adding new regional leadership responsibilities to her current work overseeing human resources, corporate services, sustainability, fraud customer experience and the Buffalo Promise Neighborhood initiative.
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Wingspire Capital Provided Over $500 Million in Corporate Finance Commitments in the First Half
July 21, 2025Wingspire Capital is pleased to announce that in the first half of 2025 it closed 12 transactions for over $500 million in commitments in its Corporate Finance unit, its best first half production since the firm was founded nearly six years ago.
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Squire Patton Boggs Adds Global Financial Services Partner in London
July 21, 2025Squire Patton Boggs is pleased to announce that Ranajoy Basu will join the firm’s London office as partner in the Financial Services Practice Group where, he will serve as Global Head of Structured Finance and Head of the firm’s India practice. He joins from McDermott Will & Emery where he was Head of Structured Finance and Chair of the India practice.
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Great American Holdings Announces Executive Appointments to Drive Expansion
July 21, 2025GA Group is thrilled to welcome Dan Shribman as Chief Executive Officer and Brent Maloney as Chief Financial Officer. Together, Dan and Brent bring nearly 40 years of combined experience in financial services.
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TierPoint Parent Closes Upsized $250 Million Term Loan
July 21, 2025The parent company of TierPoint – a leading, national enterprise data center company and provider of secure, connected IT platform solutions – today announced the closing of a $250 million term loan, a portion of which is a delayed draw term loan. Upsized due to strong investor interest, this facility complements TierPoint’s asset-backed securitization (ABS) and variable funding notes (VFN) program.
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eCapital Names Veteran Executive Miguel Serricchio to Lead Channel Development for Commercial Finance Group
July 21, 2025eCapital Corp. (“eCapital”), a leading technology-enabled provider of finance solutions for small and medium-sized businesses (SMBs) across North America and the United Kingdom, is pleased to announce the recent appointment of Miguel Serricchio as Managing Director, Channel Development for its Commercial Finance Group, where he will lead the sales team and expand partner engagement efforts.
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Huntington Business Credit Closes $80 Million Credit Facility with Cravings Comps, LLC
July 21, 2025Huntington Business Credit closed a $80,000,000 new credit facility with Cravings Comps, LLC on June 30, 2025. Proceeds of the facility were used to refinance existing debt and provide ongoing working capital financing.
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Wolters Kluwer Announces Second Quarter Data for its Auto Finance Digital Transformation Index
July 17, 2025Adoption of digitized contracting and documentation workflows by auto retailers and their lending partners that foster back-office efficiencies saw a continued upward trend that mirrored auto sales activity, according to analysis by Wolters Kluwer Compliance Solutions from its Q2 Auto Finance Digital Transformation Index.
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Latham & Watkins Advises Financial Institutions on Refinancing of Cellnex's €2.8 Billion Syndicated Credit Facility
July 17, 2025Latham & Watkins LLP has advised the financial institutions involved in the refinancing of Cellnex's €2.8 billion syndicated credit facility. This refinancing not only extends the maturity by an additional year but also includes two one-year extension options, which could push the final maturity to July 2032.
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Brean Capital Upsizes Corporate Note for Great Rock
July 17, 2025Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, recently announced the third upsize of its investment-grade corporate note. The proceeds from this transaction will be used to support continued growth initiatives and further reinforce the strength of the firm’s balance sheet.
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Oxford Finance’s Real Estate and ABL Team Achieves Over $715 Million in New Loan Volume in First Half of 2025
July 17, 2025Oxford Finance LLC (“Oxford”), a leading specialty finance firm, is pleased to announce its Healthcare Real Estate and Asset-Based Lending (ABL) team closed 10 transactions with new loan commitments of over $715 million during the first half of 2025.
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