- Eastern Bank Announces The Sourcing Group As A Commercial Banking Customer
- SouthStar Capital Provides Combined A/R and Purchase Order Facility to Support Growth of Consumer Products Distributor
- Bally’s Corporation Amends and Restates Its Commitment Letter to Increase Term Loan Availability to $1.1 Billion
- NXT Capital Closes Senior Credit Facility in Support of Align Capital Partners’ Acquisition of Advantage Investigations
- Monroe Capital Supports Shore Capital Partners’ Acquisitions of Reliant Healthcare and Care Fusion Rx
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
Today's Top Story
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Culain Capital Acquires Quickpay Funding to Bolster Nationwide Funding with Transportation and Agricultural Factoring Expertise
Culain Capital today announced its strategic acquisition of Quickpay Funding, marking a significant milestone in expanding the firm’s capacity to support small and medium-sized businesses across the nation. This union amplifies both companies' abilities to deliver robust financing solutions and deepens their factoring expertise—a critical service for businesses in the logistics, transportation, service, and produce industries.
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Interview with Kristin Maxwell, Member of SFNet’s Inclusiveness Committee
Throughout her career, Kristin has consulted with working capital providers to identify and resolve business challenges by leveraging technology. At Wells Fargo, her areas of focus include legacy application modernization, process improvement, automation, and simplifying tech stacks.
TSL Express Daily Headlines & News
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White Oak Commercial Finance Hires Brendan Harrison as Managing Director, Originations
June 2, 2025White Oak Commercial Finance (“WOCF”), an affiliate of White Oak Global Advisors (“White Oak”), announced the hiring of Brendan Harrison as Managing Director, Originations. Harrison will leverage his deep experience in asset-based lending (ABL) origination to further bolster WOCF’s leading middle market ABL platform.
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Great Rock Capital Closes $75 Million Credit Facility for Pacific Ag
June 2, 2025Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced that it closed a $75 million senior secured credit facility for Pacific Ag, North America’s largest crop residue harvesting and supply company.
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Leading Sports Lawyer Jill Kelley Joins Hogan Lovells in New York
June 2, 2025Hogan Lovells announced today that Jill Kelley has joined the firm's Corporate & Finance practice as a partner in the New York office. Kelley joins from the New York Jets, where she was General Counsel and Vice President of Legal Affairs.
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Gordon Brothers Provides Linen Chest C$35M Revolving Credit Facility
June 2, 2025Gordon Brothers, the global asset experts, has provided Linen Chest a C$35 million revolving credit facility to increase the Canadian home goods and accessories omni-channel retailer’s liquidity and support future growth.
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Saks Global Secures $350 Million in New Financing Commitments from SLR Credit Solutions
June 2, 2025The Company has secured $350 million of financing commitments from SLR Credit Solutions (“SLR”) consisting of a $300 million first-in, last-out (FILO) facility for the company and a $50 million secured term loan facility for certain subsidiaries of the Company, providing additional liquidity to support the execution of the Company’s business plan.
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Wingspire Capital Provides $150 Million Revolver to APR Energy
June 2, 2025Wingspire Capital is pleased to provide a $150 million revolving credit facility to New APR Energy, LLC (d/b/a APR Energy), a global leader in fast-track power generation solutions. Proceeds will be used for capital expenditures, maintenance, and equipment refurbishment, while also providing additional flexibility and liquidity to support APR Energy’s operations and growth.
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Alpine Ridge Funding Closing $5.0 Million Factoring Facility for a Midwest-based Contract Manufacturer
June 2, 2025Alpine Ridge Funding is proud to announce the successful closing of a $5.0 million factoring facility for a Midwest-based contract manufacturer.
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O’Melveny Welcomes Leading Structured Finance and CLO Duo: Howard Goldwasser and Skanthan Vivekananda
June 2, 2025O’Melveny announced today that a duo of leading structured finance and securitization specialists—Howard Goldwasser and Skanthan Vivekananda—have joined the firm’s New York and Los Angeles offices as partners in the Corporate Finance Practice Group.
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NowVertical Secures Up to $26 Million USD in Financing with HSBC to Fuel Growth
June 2, 2025NowVertical Group Inc. (TSXV: NOW) ("NowVertical" or the "Company"), a leading data and AI solutions provider, announced that NowVertical, NowVertical UK Ltd. and NowVertical Group, Inc. and certain of their affiliates have entered into a senior secured facilities agreement (the “Facilities Agreement”) with HSBC UK Bank plc (“HSBC”), as arranger, original lender and agent. Unless otherwise specified, all dollar amounts are expressed in U.S. dollars.
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Group 1 Automotive Announces Maturity Extension and Upsize of Revolving Credit Facility to $3.5 Billion
June 2, 2025Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), a Fortune 250 automotive retailer with 263 dealerships located in the U.S. and U.K., today announced a $1.0 billion upsize in its revolving syndicated credit facility to $3.5 billion and the extension of the maturity to May 30, 2030.
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Cornerstone Business Credit Provides $250,000 for Rapidly Growing Coffee Roaster/Distributor
June 2, 2025Cornerstone Business Credit (www.CornerstoneBusinessCredit.com) is pleased to announce the funding of a $250,000 line of credit to a rapidly growing coffee roaster/distributor. This company historically focused on selling its specialty coffee directly to consumers. The brand caught on and the company secured substantial orders from large retailers and national food distributors.
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Nexxen Announces Transition to Reduced $50 Million Revolving Credit Facility
June 2, 2025Nexxen International Ltd. (NASDAQ: NEXN) (“Nexxen” or the “Company”), a global, flexible advertising technology platform with deep expertise in data and advanced TV, today announced that it has successfully completed an amendment to its existing revolving credit facility.
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Allica Chooses Lendscape to Power Better Business Banking
June 2, 2025Challenger bank Allica has selected Lendscape, the leading provider of commercial lending technology, as the core platform for its asset finance operations. Following a year of exceptional growth, Allica - the only bank built for established SMEs and Europe’s fastest-growing fintech - has positioned itself as a major force in business banking and continues to scale at pace.
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Huntington Business Credit Provides $40 Million Credit Facility for Profound Alloys, LLC
June 2, 2025Huntington Business Credit closed a $40,000,000 new credit facility with Profound Alloys, LLC on April 18, 2025. Proceeds of the facility were used to refinance existing debt and provide ongoing working capital financing.
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Celtic Capital Corporation Provides $3 Million Line of Credit for Material Testing Services Company
June 2, 2025Celtic Capital Corporation today announced its most recent new client relationship – a Pacific-based Company providing material testing services to the infrastructure construction market.
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Guardian Enters into Term Loan Agreements with Affiliated Corporations
June 2, 2025Guardian Exploration Inc. (TSXV: GX) (OTCQB: GXUSF) (Frankfurt: R6B) (the “Corporation” or “Guardian”) announces that it has entered into term loan agreements with Deckland Inc. (“Deckland”) and Guardian Helicopters Inc. (“GHI” and together with Deckland, the “Lenders”).
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James Hardie Announces Successful Syndication of New Credit Facilities
June 2, 2025James Hardie Industries plc (ASX: JHX) (“James Hardie” or the “Company”) announced today the successful syndication of new credit facilities to support its operations and its planned transaction with The AZEK Company Inc. ( AZEK).
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SFNet New Member Spotlight: Y&A Credit Services, LLC
May 30, 2025Established in 2022, Y&A Credit Services offers outsourced underwriting and credit analysis services to financial institutions across the United States. Its team comprises professionals with extensive experience in credit services and the financial industry. Y&A Credit Services provides commercial credit underwriting, annual underwriting reviews, financial statement spreading, and underwriting package reviews.
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Kashable Secures $250 Million Credit Facility to Expand Financial Wellness Benefits Across American Workplaces
May 29, 2025Kashable, a mission-driven fintech platform Redefining Credit for Working Americans as an employer-sponsored voluntary benefit, today announced the closing of a $250 million credit facility. This financing will allow Kashable to continue to provide equitable, affordable credit and financial wellness solutions to employees and expand its reach to employers throughout the U.S
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Sunrise Realty Trust Expands Revolving Credit Facility to $140 Million with Addition of EverBank as Joint Lead Arranger
May 29, 2025Sunrise Realty Trust, Inc. (“SUNS” or the “Company”) (Nasdaq: SUNS), a lender on the TCG Real Estate platform, today announced the expansion of its senior secured revolving credit facility (the “Credit Facility”) with the addition of EverBank, N.A. (“EverBank”). EverBank has committed $50 million to the facility, bringing total committed capital to $140 million.
The Secured Lender
SFNet's The 81st Annual Convention Issue

