- Bank of America, Blackstone, Citi and Morgan Stanley Announce Landmark $63 Billion Financing Structure to Enable AI Compute Capacity in Partnership with Broadcom
- First Citizens Bank Opens New Banking Office and Branch in Downtown Santa Monica
- JPalmer Collective Appoints Todd Waldrip as Senior Vice President, ABL Originations
- Truist Names Alex Bartlett Regional President for Greater Washington and Maryland
- Pollen Street Announces £250 Million Senior Secured Credit Facility to UK SME Lender and Brokerage, Lovey
TSL Express Daily Articles & News
To submit company news and press releases to TSL Express, email tslexpress@sfnet.com.Today's Top Story
Featured
The Growing Impact of Supply Chain Finance: Insights from SFNet's 2025 Market Sizing Study
(Editor’s Note: As the supply chain finance landscape continues to evolve, the conversation doesn’t stop here. Continue it in person at Supply Chain Finance Convergence ’26, an SFNet event on March 3, 2026, at the Westin New York Grand Central. The authors of this article will be presenting on a panel exploring the convergence of ABL, factoring, and supply chain finance, along with the legal and risk considerations shaping the market.)
TSL Express Trending Story
Featured
ABL Market Update – Q3 2025: Resilience in the Face of Macro Bifurcation
In Q3 2025, the asset-based lending (ABL) market continued its cautious rebound amid a complex macroeconomic backdrop marked by uneven sector performance, delayed federal data reporting, and shifting Federal Reserve policy expectations. Data from LSEG LPC and the Secured Finance Network’s (SFNet) Quarterly ABL Survey reveals a stable-to-improving trend in ABL activity—driven by stronger equipment-related investment, opportunistic M&A, and growing demand from liquidity-seeking borrowers in volatile sectors.
TSL Express Daily Headlines & News
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NXT Capital Closes Senior Credit Facility in Support of CenterOak Partners’ Acquisition of Grismer Tire & Auto Service
April 8, 2026NXT Capital announced today that it closed a senior credit facility in support of CenterOak Partners’ acquisition of Grismer Tire & Auto Service (“Grismer” or the “Company”). NXT Capital acted as Joint Lead Arranger, Joint Bookrunner, and Administrative Agent on this transaction.
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Conduit Power and Eldridge Announce $200 Million Equipment Financing Facility
April 8, 2026Conduit Power, LLC (“Conduit”), a developer and operator of distributed power generation assets, today announced the closing of a $200 million equipment financing facility with Eldridge Capital Management (“Eldridge”). The facility will support the buildout of Conduit’s recently announced 200MW distributed generation portfolio in ERCOT.
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First Business Bank's Asset-Based Lending Team Funds $5.1 Million Credit Facility To Support Manufacturer Acquisition
April 8, 2026First Business Bank's Asset-Based Lending team announces a recently closed and funded $5,100,000 credit facility to support the acquisition of a New Jersey industrial packaging manufacturer.
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United Capital Funding Issues $15.45MM in Total Credit Facilities in Q1 2026
April 7, 2026United Capital Funding Group LLC, a Florida-based factoring firm, completed five transactions totaling $15.45 million in accounts receivable financing during the first quarter of 2026.
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United Capital Funding Issues $15.45MM in Total Credit Facilities in Q1 2026
April 7, 2026United Capital Funding Group LLC, a Florida-based factoring firm, completed five transactions totaling $15.45 million in accounts receivable financing during the first quarter of 2026.
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United Capital Funding Issues $15.45MM in Total Credit Facilities in Q1 2026
April 7, 2026United Capital Funding Group LLC, a Florida-based factoring firm, completed five transactions totaling $15.45 million in accounts receivable financing during the first quarter of 2026.
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United Capital Funding Issues $15.45MM in Total Credit Facilities in Q1 2026
April 7, 2026United Capital Funding Group LLC, a Florida-based factoring firm, completed five transactions totaling $15.45 million in accounts receivable financing during the first quarter of 2026.
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SFNet New Member Spotlight: Crowell & Moring
April 7, 2026Crowell & Moring is a global law firm with operations in the United States, Europe, MENA and Asia, advising across key sectors including financial services, regulatory, litigation, government contracts, life sciences, technology and energy. Our finance and banking team advises financial institutions, alternative lenders, private credit funds and corporate borrowers.
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CPS Announces Credit Facility Capacity Increase
April 7, 2026Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) today announced that on April 3, 2026, it amended its two-year revolving credit agreement with Capital One, N.A. to increase the capacity of the facility. The amendment applies to both Capital One, N.A. and the subordinate lender, and increases the capacity of the facility from $167.5 million to $390 million.
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Concord Serves as Exclusive Financial Advisor for $13.75MM in Senior Credit Facilities for a Higher Education Institution
April 7, 2026Concord Financial Advisors announced it has served as Exclusive Financial Advisor for $13.75MM in senior credit facilities for a higher education institution based in Chicago, IL.
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Republic Business Credit Adds Jerry Friedrichs as Senior Vice President to Strengthen Underwriting Excellence
April 7, 2026Republic Business Credit announced the appointment of Jerry Friedrichs as Senior Vice President, Underwriter. In this role, Friedrichs will be responsible for credit analysis of prospective and existing clients, transaction structuring, leading due diligence efforts, and collaborating with senior Republic leaders to move deals to approval.
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PlainsCapital Bank Welcomes Roger Retzer as Vice President, Relationship Manager in Denton
April 7, 2026PlainsCapital Bank is pleased to announce that Roger Retzer has joined its Denton lending team as Vice President, Relationship Manager. He will be based at the Bank’s Denton location at 513 W. Oak Street.
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Garnet Capital Completes $2.9 Billion Loan Portfolio Liquidation for Chapter 7 Bankruptcy Trustee
April 7, 2026Garnet Capital Advisors announced the closing of a $2.9 billion loan portfolio sale on behalf of the Chapter 7 trustee overseeing the bankruptcy estate of Collins Asset Group, LLC (CAG), a Texas-based debt buyer. The transaction marks the full liquidation of the estate's loan assets.
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Gordon Brothers Releases 2026 Global Asset Insights Report
April 7, 2026Gordon Brothers, the global asset experts, today released its inaugural Global Asset Insights Report, offering key trends and insights across asset-based lending, consumer brands, industrial and retail for companies and lenders navigating today’s complex environment.
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United Capital Funding Issues $15.45MM in Total Credit Facilities in Q1 2026
April 7, 2026United Capital Funding Group LLC, a Florida-based factoring firm, completed five transactions totaling $15.45 million in accounts receivable financing during the first quarter of 2026.
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OceanFirst Financial Corp. and Flushing Financial Corporation Announce Receipt of the Requisite Shareholder Approvals for Pending Merger Transaction
April 7, 2026OceanFirst Financial Corp. (NASDAQ: “OCFC”) (“OceanFirst”), the holding company for OceanFirst Bank N.A., and Flushing Financial Corp. (NASDAQ: “FFIC”) (“Flushing”), the holding company for Flushing Bank, today jointly announced the receipt of the requisite shareholder approvals for the previously announced combination of OceanFirst and Flushing, pursuant to the Agreement and Plan of Merger, dated December 29, 2025, by and among OceanFirst, Apollo Merger Sub Corp., a Delaware corporation and wholly-owned subsidiary of OceanFirst, and Flushing (the “Merger Agreement”).
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Vero Fiber Expands Credit Facility for Further Network Growth
April 7, 2026VFN Holdings, Inc. (Vero), a nationwide fiber infrastructure provider serving wholesale, technology, enterprise and retail internet customers, today announced the successful expansion of its existing credit facility to $425 million of committed capital.
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Mesabi Metallics Secures $150 Million from Macquarie Group
April 7, 2026Mesabi Metallics Company LLC (Mesabi Metallics), backed by Essar Group, today announced that it has secured $150 million of financing from Macquarie Group, supporting the Q3 2026 startup of its world-scale Direct Reduction (DR) grade iron ore mine and pellet plant in Nashwauk, Minnesota.
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JPalmer Collective Pours Funding Into Wine By Joe/Dobbes Family Winery
April 7, 2026JPalmer Collective (JPC), an asset-based lending firm focused on funding high-growth, women-led companies, today announced the closing of a $4 million loan to Wine By Joe/Dobbes Family Winery a high-quality, Oregon-crafted wine brand produced by one of the state’s largest wineries.
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Top California Lender Closes $7.8 Million in Acquisition Loans Across Denver and Austin
April 7, 2026Top California Lender, a leading nationwide provider of commercial real estate financing, is proud to announce the closing of two significant acquisition loans totaling $7.8 million. Finalized today, these deals highlight the company’s swift action under urgent circumstances, stepping in to close both transactions simultaneously to enable the investors to move quickly and secure the properties.
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