- Gordon Brothers Supports Advance Auto Parts with Non-Core Surplus Property Disposition Services
- Next Level Aviation® Secures Credit Facility Increase to $80MM with PNC Bank
- Jefferies to Acquire 50% Interest in Hildene Holding Company, Expanding Strategic Relationship that Began in 2022
- Rosenthal Capital Group Closes Two Purchase Order Financing Transactions Totaling $5 Million
- Asset-Based Lending & Factoring Surveys
TSL Express Daily Articles & News
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First Bank Names Donna Calderaro as Market Executive for Asset-Based Lending
First Bank is pleased to announce the appointment of Donna Calderaro as Market Executive for its Asset-Based Lending (ABL) business. In this role, she will report to Michael Maiorino, President of ABL and Florida Commercial Banking.
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Is Your ABL Collateral Covered? Why Action and Close Monitoring Are More Critical Now Than Ever Before
As the market grapples with increased restructurings and rising bankruptcy costs, asset-based lenders face significant risks if they fail to understand the true position of their collateral within a timely manner. Across industries, asset values are declining rapidly. This necessitates more active and frequent collateral and borrowing-base monitoring. This article explores the challenges and evolving trends across asset classes and the implications for asset-based lenders.
TSL Express Daily Headlines & News
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Redeux Energy Secures $30 Million Letter of Credit Facility to Support Solar and Battery Storage Project Development
June 13, 2025Redeux Energy Partners LLC ("Redeux"), a leading utility-scale solar and energy storage development company, today announced the close of its new $30 million revolving letter of credit facility ("LC Facility") with Macquarie Group ("Macquarie").
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Hercules Capital Renews and Increases Its Credit Facility with MUFG Bank, Ltd. to $440.0 Million
June 13, 2025Hercules Capital, Inc. (NYSE: HTGC) (“Hercules” or the “Company”), the largest and leading specialty finance provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that it has upsized and renewed its existing $400.0 million credit facility with MUFG Bank, Ltd. (“MUFG”) with an upsized credit facility
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Benefit Street Partners Secures $500 Million for Its Third Captive U.S. CLO Equity Fund
June 13, 2025Benefit Street Partners L.L.C. (“BSP”), a leading credit-focused alternative asset management firm and a subsidiary of Franklin Templeton, announced today that it has closed on $500 million in total equity commitments for its third captive U.S. CLO equity fund, BSP CLO Equity III.
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Norton Rose Fulbright Boosts Corporate Finance Offering in Dallas and Chicago With new Partner
June 12, 2025Global law firm Norton Rose Fulbright today announced a move to enhance its corporate finance capabilities by bringing on Jonathan (Jon) Riley as a partner in both its Dallas and Chicago offices.
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Truist Strengthens Commercial Banking Teams Across Ohio and Western Pennsylvania
June 12, 2025Truist Financial Corporation today announced the expansion of its commercial banking teams across Ohio and Western Pennsylvania to support Truist's ability to generate new clients and deepen existing relationships in the region.
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Structured Transactions Team Joins Morgan Lewis in New York and Philadelphia
June 12, 2025Morgan Lewis’s leading structured transactions practice today welcomes back Edward J.L. (Jay) Southgate as a partner resident in the firm’s New York office. Jay, who rejoins the firm from Dechert’s global finance practice, represents financial institutions, issuers, and underwriters in private placements of residential mortgage and asset-backed securities with a particular focus on consumer lending and fintech.
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Crusoe Secures $750 Million Credit Facility from Brookfield to Accelerate the Development of Energy-First AI Factories
June 12, 2025Crusoe, the industry’s first vertically integrated AI infrastructure provider, today announced it has secured a $750 million credit facility from Brookfield Asset Management, through its infrastructure debt platform. This significant financing will primarily be deployed to fuel the continued growth and scaling of Crusoe’s development of AI factories, including purpose-built AI data centers and Crusoe’s AI cloud platform. It further solidifies Crusoe’s position as a leader in providing energy-first AI infrastructure.
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RadNet Secures $100 Million Incremental Term Loan to Fund Acquisitions and Corporate Initiatives
June 11, 2025RadNet, Inc. (NASDAQ: RDNT) (“RadNet”), a national leader in providing high-quality, cost-effective, fixed-site outpatient diagnostic imaging services, today announced that it has entered into Incremental Amendment No. 2 (the “Second Amendment”) to its Third Amended and Restated First Lien Credit and Guaranty Agreement, as amended (the “Existing Credit Agreement” and, as amended by the Second Amendment, the “Credit Agreement”).
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JPalmer Collective Provides $21mm In Working Capital Lines of Credit in Q2 2025
June 11, 2025JPalmer Collective (JPC), an asset-based lending company committed to funding high-growth, women-led and natural products companies, today announced that it has provided a total of $21MM in working capital lines of credit in Q2 of this year.
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Assembled Brands Provides Credit Facility to Baseball Lifestyle 101, Supporting Omnichannel Growth and Retail Expansion
June 11, 2025Assembled Brands, a leading asset-based lender specializing in flexible growth lines of credit for emerging consumer packaged goods (CPG) and e-commerce businesses, today announced a new credit facility for Baseball Lifestyle 101 (BL101). This credit line is designed to support BL101’s impressive growth, supply chain optimization, and retail expansion.
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Golden Pear Extends and Upsizes Corporate Note to $78.7 Million
June 11, 2025Golden Pear Funding (Golden Pear), a national leader in litigation finance for both pre-settlement and medical receivables, announced the extension and upsize of their investment-grade corporate notes to $78.7 million. Since its founding in 2008, Golden Pear has funded over $1.1 billion to more than 87,000 clients.
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Sallyport Commercial Finance Fuels EdTech Growth with $5.5M in Tailored Financing
June 11, 2025Sallyport Commercial Finance is excited to support a forward-thinking education technology company with a $5.5M combined asset-based lending facility, including accounts receivable and inventory financing, as they scale their operations and make learning more accessible for students across North America.
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Alleon Healthcare Capital Provides a $3,000,000 Medical Accounts Receivable Financing Facility to a Georgia Based Post-Acute Care Medical Staffing Company
June 11, 2025Alleon Healthcare Capital, LLC (“Alleon”), a specialty finance company focused on providing healthcare accounts receivable financing, medical accounts receivable factoring, and cash flow solutions to medical providers in the U.S., recently closed a $3,000,000 medical accounts receivable financing facility with a post-acute care medical staffing company based in Georgia. (“Company”).
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Star Mountain Capital Appoints Curtis Glovier as Chief Investment Officer
June 11, 2025Star Mountain Capital, LLC ("Star Mountain"), a specialized, alpha-focused, employee-owned, private markets investment firm with over $4 billion in assets under management (“AUM”), is pleased to announce the promotion of Curtis Glovier to Chief Investment Officer. Mr. Glovier has been working with the Star Mountain team for over five years, most recently as Strategic Investment & Portfolio Officer.
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Churchill Asset Management Raises $1.5 Billion for Co-Investment Fund II
June 11, 2025-Churchill Asset Management LLC, an investment-specialist of Nuveen, today announced the final close of Churchill Co-Investment Fund II (the “Fund”) with $1.5 billion in limited partner commitments. The oversubscribed fund, which seeks to generate superior risk-adjusted returns through equity co-investments alongside private equity sponsors in U.S. middle market businesses, reached its hard cap and is nearly 3.5x the size of its predecessor fund.
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Monroe Capital Supports Growth of ATTOM Data Solutions
June 11, 2025Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the growth of ATTOM Data Solutions (“ATTOM”), a portfolio company of Lovell Minnick Partners
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Soltage Secures $260 Million Construction and Term Debt Facility to Accelerate Clean Energy Deployment
June 11, 2025Soltage, a leading independent power producer (IPP) specializing in the development, financing, and operation of distributed utility-scale solar and energy storage assets, today announced the closing of a $260 million construction and term debt financing facility.
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Corporate Strategies Merchant Bankers Announces $200 Million Debt Financing and $65 Million Recapitalization for Leading U.S. Industrial Construction Firm
June 11, 2025Corporate Strategies LLC (www.CSBankers.com) is pleased to announce the successful completion of a $200 million debt financing and $65 million recapitalization for one of the nation's oldest and largest full-service, multi-discipline industrial construction, fabrication, and maintenance firms. The financing consisted of a $25 million bank funded accounts receivable revolver and $175 Million in private lender funded term loans.
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SouthStar Capital Supports Growth of Nurse-Led Healthcare Staffing Company with $1 Million Factoring Facility
June 11, 2025SouthStar Capital, LLC is proud to announce the funding of a $1 million Invoice Factoring Facility for a nurse-owned and operated healthcare staffing company committed to supporting facilities facing unsafe staffing ratios.
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Phoenix Aviation Capital and AIP Capital Announce Closing of $300m Senior Secured Credit Facility
June 11, 2025Phoenix Aviation Capital ("Phoenix" or "the Company"), a full-service aircraft lessor managed by AIP Capital ("AIP") and a portfolio company of funds advised or controlled by affiliates of BC Partners Advisors L.P. announced the closing of a $300 million senior secured credit facility ("the facility").
The Secured Lender
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