- Siena Lending Group LLC Provides $125 Million of $450 Million Credit Facility to Retailer
- Westwood Financial Raises Additional $145 Million in Capital, Accelerating Long-Term Growth Strategy
- MidCap Business Credit LLC Completes a $14 Million Asset-Based Credit Facility to Wozniak Industries
- Hedaya Capital Supports Seasonal Needs of Apparel Company
- JPalmer Collective Funds Premium Wine and Spirits Producer 3 Badge Beverage Corporation
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
Today's Top Story
Featured
Apollo Plans to Build the First Marketplace for Private Credit
The alternative asset manager is in discussions to partner with banks, exchanges and fintech firms to deliver real-time information and intraday prices for private credit deals, according to Eric Needleman, head of Apollo Capital Solutions.
TSL Express Trending Story
Featured
Lender Liability Management: DIP Financings and the Non-Ratable Roll-Up
This Alert is not another Serta gripe. Rather, this Alert is about the exception to the developing Serta credit agreement language that excludes debtor-in-possession financing as one type of senior financing that does not require an opportunity to participate pro rata.
TSL Express Daily Headlines & News
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Toorak Awarded RMBS Deal of the Year at 2025 GlobalCapital US Securitization Awards
May 19, 2025Toorak Capital Partners (“Toorak”), a tech-enabled investment manager of business purpose mortgage loans, was awarded RMBS Deal of the Year at the 2025 GlobalCapital US Securitization Awards for its successful execution of Toorak 2024-RRTL1, the first-ever rated residential transition loan (“RTL”) securitization.
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Trinity Capital Inc. Provides $15 Million in Growth Capital to Lendflow
May 19, 2025Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity Capital"), a leading alternative asset manager, today announced the commitment of $15 million in growth capital to Lendflow, a software development company that provides embedded credit infrastructure to fintechs, lenders, and vertical software-as-a-service (SaaS) companies.
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Light & Wonder Completes Acquisition of Grover Gaming's Charitable Gaming Assets
May 19, 2025Grover Gaming, Inc. and G2 Gaming, Inc. (together, "Grover Gaming") announced today that it has completed the sale of its charitable gaming assets ("Grover Charitable Gaming") for a total consideration of up to $1.05 billion to Light & Wonder, Inc. ("Light & Wonder," or "L&W").
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EBSC Lending Closes $33M Bridge Loan for Build-to-Rent Community in Denver Suburb
May 19, 2025EBSC Lending, the financing division of Elite Business Service, has finalized a $33 million bridge loan for a 170-unit build-to-rent community in Glendale, Colorado, a suburb of Denver. The new funding replaces a $19 million construction loan secured from another lender in 2022.
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Mitsubishi HC Capital Canada Expands Technology Finance Team, Hires Industry Expert Bojan Janjic
May 16, 2025Mitsubishi HC Capital Canada, a subsidiary of Mitsubishi HC Capital America, the largest non-bank, non-captive finance provider in North America, is pleased to announce the hiring of Bojan Janjic as a new strategic account executive for the company’s growing technology division.
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SSG Advises MacPherson's in the Sale of Select Assets to Blick Art Materials
May 16, 2025SSG Capital Advisors, LLC (“SSG”) served as the investment banker to Art Supply Enterprises, Inc. d/b/a MacPherson’s Art Supply (the “Company” or “MacPherson’s”) in the sale of all inventory and intellectual property assets to Blick Art Materials, LLC (“Blick”).The transaction was effectuated pursuant to Article 9 of the Uniform Commercial Code and closed in May 2025.
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Horizon Technology Finance Names Michael P. Balkin as Chief Executive Officer
May 16, 2025Horizon Technology Finance Corporation (NASDAQ: HRZN) (“Horizon” or “HRZN”) (the “Company”), an affiliate of Monroe Capital, and a leading specialty finance company that provides capital in the form of secured loans to venture capital and private equity backed and publicly traded companies in the technology, life science, healthcare information and services, and sustainability industries, announced today that, as part of the Company’s succession planning, Robert D. Pomeroy, Jr. will retire as Chief Executive Officer (“CEO”) of the Company and Gerald A. Michaud will retire as President of the Company, both effective June 5, 2025.
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NXT Capital Closes Senior Credit Facility in Support of Pfingsten’s Acquisition of American Cutting Edge
May 16, 2025NXT Capital announced today that it closed a senior credit facility in support of Pfingsten’s acquisition of American Cutting Edge. NXT Capital acted as Sole Lead Arranger, Sole Bookrunner, and Administrative Agent on this transaction.
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White Oak Commercial Finance Funds $125 Million ABL Facility for Energy Services Company
May 16, 2025White Oak Commercial Finance (“WOCF”), an affiliate of White Oak Global Advisors, announced it has provided a $125 million asset-based revolving credit facility to a US-based energy services company (the “Company”).
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Huntington Bank Expands Commercial Banking into Florida
May 16, 2025The Huntington National Bank continues to expand its commercial banking segment across the country by bringing its middle-market banking capabilities to Florida.
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HALO AirFinance Closes Senior Loan for Crestone Air Partners’ Acquisition of Boeing 737-800
May 15, 2025HALO AirFinance (“HALO”), a joint venture between GA Telesis (“GAT”) and Tokyo Century Corporation (“TC”), recently closed a senior loan for a Crestone Air Partners, Blue Owl Capital investment vehicle. The financing supported the acquisition of a mature Boeing 737-800 currently on lease with a UK-based carrier.
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Lennox International Refinances Credit Facility, Extends Maturity
May 15, 2025Lennox International Inc. (NYSE:LII), a leading provider of climate control solutions with a market capitalization of $20.9 billion, has entered into a revised credit agreement, reducing its total revolving commitments from $1.1 billion to $1 billion and extending the maturity date from July 2026 to May 2030.
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TAB Bank Provides $3 Million Factoring Line of Credit for CNC Precision Machine
May 15, 2025TAB Bank has structured a $3 million factoring line of credit for CNC Precision Machine Inc. to improve cash flow for inventory and working capital. CNC Precision Machine is a leading manufacturer of world-class hydraulic fittings serving the aerospace, transportation and machinery industries.
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Citi Appoints Wyatt Crowell as Head of North America Citi Commercial Bank
May 15, 2025Today, Citi appointed Wyatt Crowell as Head of North America Citi Commercial Bank (NAM CCB). Wyatt will assume his role in May 2025, and will report to the Head of CCB, Tasnim Ghiawadwala and Citibank N.A. Chief Executive Officer (CEO) and Head of NAM, Sunil Garg.
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Gordon Brothers Provides Carroll Fulmer Logistics $27M Financing to Optimize Operations
May 15, 2025Gordon Brothers, the global asset experts, has provided Carroll Fulmer Logistics Corporation a holistic, multi-pronged solution that includes $27 million in financing to optimize the transportation and logistics company’s capital structure in support of continued growth.
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QuickFi Wins Best in Show at Equipment Finance Connect 2025
May 15, 2025QuickFi® is honored to be recognized as the “Best In Show” for its B2B embedded lending platform following a live demo at the Equipment Finance Connect 2025 conference.
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Crestline Raises $3.5 Billion for Fourth Flagship Direct Lending Fund
May 15, 2025Crestline Investors, Inc. (“Crestline”), a global alternative investment manager, today announced the final close of Crestline Direct Lending Fund IV (“CDLIV” or the “Fund”), with $3.5bn of investable capital across the Fund, related vehicles and anticipated leverage.
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CIBC Innovation Banking Provides ContactMonkey with Growth Capital Financing
May 15, 2025CIBC Innovation Banking announced today that it has provided growth capital financing to ContactMonkey, a portfolio company of Updata Partners. The company will use the financing to continue growing its reach globally and expand product offerings to new and existing customers around the world.
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Lord Kim Darroch, Former UK Ambassador to the United States, Speaks at SFNet’s ILC Event
May 14, 2025At SFNet’s recent International Lending Conference in London, Lord Kim Darroch, former UK Ambassador to the United States, shared his analysis of global geopolitical dynamics, highlighting how the volatility driven by Trump’s trade agenda, geopolitical rivalries and shifting global alliances could have profound implications for financial markets, business confidence and global credit conditions.
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24 Hour Fitness Secures $305M Credit Facility
May 14, 202524 Hour Fitness has closed a $305 million senior secured credit facility from affiliates of The TCW Group, a move aimed at bolstering liquidity and addressing upcoming debt maturities.
The Secured Lender
SFNet's The 81st Annual Convention Issue

