- Enova Announces Definitive Agreement to Acquire Grasshopper Bank
- TSL Express Daily RSS Feed Reader Page
- Following the US Federal Reserve Meeting, J.S. Held Releases the Lending Climate in America Survey Results
- American Signature’s Retail Boxes Create Expansion Opportunity for Growing Retailers
- nFusion Capital Provides $2 Million Factoring Facility for a Staffing Company
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Gerber+ Funds Prominent NY-based Real Estate Holding Company
Gerber Finance, a leading finance partner for companies experiencing accelerated growth, today announced it has provided a $11 million line of credit to a prominent Brooklyn-based real estate holding company. This is the second deal under Gerber Finance’s new Gerber+ division that services businesses seeking funding ranging from $10 to $25 million.
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Aramark Announces Refinancing of 2024 Debt Maturity
January 21, 2020Aramark (NYSE:ARMK), a $16 billion global leader in food, facilities management and uniforms, announced today the successful closing of a $900 million debt refinancing. As part of this transaction, Aramark raised secured term loans to redeem the Company’s 2024 Senior Notes.
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BBVA USA Promotes Luis Ramirez to Corporate Banking Manager in the Denver Area
January 20, 2020- Ramirez: He is a veteran banker with 21 years of experience in commercial and corporate banking - Responsibilities: He will be tasked with helping area companies enhance operations through trusted advice and financial products - Promotion: Ramirez's hire is part of the bank's focus on growing its commercial team to continue to serve the bustling Colorado business landscape
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Malvern Bank Announces Appointment of Melissa Quin as V.P., Private Client Regional Manager for Glen Mills/Concordville Office
January 20, 2020Malvern Bank, National Association (the “Bank” or “Malvern”), the wholly owned subsidiary of Malvern Bancorp, Inc. (NASDAQ: MLVF) (the “Company”), announced the appointment of Melissa Quin as Vice President, Private Client Regional Manager for the Bank’s Glen Mills/Concordville office. In this position, she will be responsible for the branch office’s overall operations.
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Iron Horse Credit Provides a $12,000,000 Stand-Alone Inventory to a Plant Nursery and Distributor
January 20, 2020Iron Horse Credit (IHC) is proud to announce that it has completed a $12,000,000 stand-alone inventory facility to a plant nursery and distributor that primarily sells to home and hardware stores, big box retailers and grocery stores.
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Winter Harbor Strengthens with Addition of Shawn Smith
January 20, 2020Winter Harbor, a restructuring and turnaround consulting firm, is pleased to announce the addition of Shawn Smith as a senior manager. He has extensive experience with a broad range of matters related to executive, financial, and operations management, and has partnered with clients of various sizes and industries to execute strategic turnaround, restructuring, and merger and acquisition transactions.
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Rosenthal Provides $1.8 Million Inventory Production Finance Commitment for Outerwear Company
January 20, 2020Rosenthal & Rosenthal, Inc., today announced the completion of a recent $1.8 million purchase order finance commitment to support the production financing requirements of a family owned and operated outerwear company based in Massachusetts.
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Bryn Mawr Trust Names Lindsay Saling Senior Vice President and Director of Retail Banking
January 20, 2020Lindsay Saling was named senior vice president and Director of Retail Banking. She focuses on the oversight of the institution’s retail delivery channels and servicing of all products and services offered to the customers banking through our retail locations throughout Pennsylvania, New Jersey, and Northern Delaware.
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AvidXchange Raises $260 Million to Support Continued Growth
January 20, 2020AvidXchange, the leading provider of accounts payable (AP) and payment automation solutions for the middle market, today announced it has raised $260 million in equity capital as part of the company's latest financing round. With contributions from TPG Sixth Street Partners and other leading investors, this brings total funding to more than $800 million over the company's 20-year history.
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Focus Management Group Welcomes Benjamin Wilson as Consultant
January 20, 2020Focus Management Group (FMG), a nationwide turnaround and restructuring firm, has boosted its team with the addition of Benjamin Wilson. Supporting the Pasadena office from his Arizona home office, Benjamin will serve as a Consultant to complement the firm’s growing demand for its turnaround management and corporate restructuring services.
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Eastside Announces New $8 Million Inventory Credit Facility
January 20, 2020Eastside Distilling, Inc. (NASDAQ: EAST), today announced it has closed a new asset-based revolving credit facility of up to $8 million in available principal amount with Live Oak Bank backed by the Company's spirits inventory. The Company expects to use this new credit facility to pay off and replace the two existing inventory facilities of $5 million capacity with KFK and TQLA and to fund general working capital.
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Oz K. Lindley Joins First Business Capital Corp.
January 16, 2020First Business Capital Corp., a division of First Business Financial Services, Inc. (Nasdaq: FBIZ) is pleased to announce that Oz K. Lindley was hired as Vice President – Business Development.
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Christopher Saldana Joins First Business Capital Corp.
January 16, 2020In his role with First Business Capital Corp., Christopher Saldana is spearheading client acquisition efforts across the Southwestern United States. He has 20 years of experience underwriting asset-based lending facilities for companies across the country, with expertise in private equity businesses, multi-generational family owned businesses, and turnaround situations for companies experiencing challenges.
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Expansion Capital Group Names Brittney Newell Chief Financial Officer
January 16, 2020Expansion Capital Group (ECG) today announced the appointment of Brittney Newell to Chief Financial Officer. Newell will oversee the company's Finance, Accounting, Human Resources, and Underwriting departments. Newell joined the ECG team in early 2015, and has played a critical financial leadership role in the transformation and growth of ECG.
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Equipment Leasing & Finance Association Appoints Marc L. Hamroff To Its Legal Committee
January 16, 2020The Equipment Leasing & Finance Association (the ELFA) announced the appointment of Marc L. Hamroff, managing partner at Moritt Hock & Hamroff LLP (MH&H), to the ELFA’s Legal Committee. Hamroff’s appointment was effective January 1, and he will serve a three-year term on the committee.
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Four Veteran Finance and Real Estate Attorneys Join Waller in Birmingham
January 16, 2020Waller Lansden Dortch & Davis, LLP announced today that four prominent Birmingham attorneys – Jesse S. Vogtle, Jr., Randolph H. Lanier, Eric T. Ray and Paul H. Greenwood – have joined Waller's Birmingham office as partners. They previously practiced at Balch & Bingham, LLP.
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Hilco Global Hires Accomplished Commercial Real Estate Attorney Anne Garr
January 16, 2020Ms. Garr joins Hilco Global ( www.HilcoGlobal.com ) in the newly created position of General Counsel for Hilco Redevelopment Partners (HRP). In this role, she will be responsible for managing the day-to-day legal needs and robust deal flow within the growing HRP organization as well as certain legal assignments on behalf of the holding company. She will report to Eric Kaup, Executive Vice President – General Counsel of Hilco Global.
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Greenberg Traurig’s Miami Office Adds Attorneys In Litigation and Corporate Practices
January 16, 2020Global law firm Greenberg Traurig, P.A. has expanded its Miami office Litigation Practice and Corporate Practice with the addition of attorneys Humberto H. Ocariz and Jennifer D. Newton.
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Alvarez & Marsal Announces 2020 Managing Director Promotions
January 16, 2020Leading global professional services firm Alvarez & Marsal (A&M) has announced the promotions of 41 professionals, from the United States, United Kingdom, Germany, Brazil, Canada, China, Russia, Saudi Arabia, the United Arab Emirates and India to the position of Managing Director.
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Payless ShoeSource Emerges From Chapter 11 Bankruptcy
January 16, 2020Payless ShoeSource has emerged from bankruptcy for the second time, with a focus on international markets. The Topeka, KS-based company said Thursday it wants to reinvigorate its largest business unit, Latin America.
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MedMen Announces Closing of Secured Term Loan Amendment and Equity Placement
January 15, 2020MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF) (“MedMen” or the “Company”), a leading cannabis retailer with operations across the U.S., today announced the execution and closing of definitive documentation for the previously announced amendments to the terms and conditions of the US$78 million senior secured term loan (“October 2018 Loan”) with funds managed by Stable Road Capital and its affiliates (the “Term Loan Lenders”) and the closing of its previously announced US$20 million offering of Class B Subordinate Voting Shares.
The Secured Lender
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