- CVB Financial Corp. and Heritage Commerce Corp Announce Agreement to Merge
- TAB Bank Secures a $7 Million Asset-Based Lending Facility for Certified Flux Solutions to Drive Expansion
- SouthStar Capital Provides $5 Million Accounts Receivable Financing Facility for a Growing Commercial Construction Company
- Netflix Refinances Part of $59 Billion Loan for Warner Bros.
- Justin Rutledge Joins First Horizon Bank as Charlotte Market President
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
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Encina Capital Partners, LLC (“Encina”) and an affiliate of certain funds managed by Oaktree Capital Management, L.P. (“Oaktree”) announced today that they have launched Encina Lender Finance, LLC (“ELF”), a new independent lender finance platform targeting commercial and consumer specialty finance companies in the U.S. and Canada.
Headquartered in Atlanta, ELF offers revolving lines of credit and term loans ranging in size from $10 - $40 million to specialty finance companies (sponsored and non-sponsored) across a wide range of asset classes including, but not limited to, asset-based lending, factoring, equipment leasing, floorplan financing, commercial real estate bridge lending, tax lien/deed financing, venture debt lending, SMB lending & merchant cash advance, middle-market private credit, charged-off debt buyers, rent-to-own consumer leasing, unsecured consumer lending and specialized student lending.
TSL Express Trending Story
TSL Express Daily Headlines & News
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Capital One Arranges Senior Secured Credit Facility for Canadian Biotechnology Company
August 19, 2019Capital One announced today that it acted as a joint lead arranger for a senior secured credit facility for STEMCELL Technologies, a Canada-based biotechnology and life science company. The financing consists of a revolving line of credit and a senior term loan.
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Crescent European Specialty Lending Announces Unitranche Financing for Hanson Wade Acquisition by Graphite Capital
August 19, 2019Crescent Capital Group LP, a leading alternative credit investment firm, announced today that its European Specialty Lending strategy has provided unitranche financing to support the acquisition of Hanson Wade by U.K.-based private equity firm Graphite Capital. Terms of the transaction were not disclosed.
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Georgia Community Banks Have Cleared Regulatory Hurdles for Merger
August 19, 2019CCF Holding Company (OTCQX: CCFH) (CCF), Heritage Bancorporation, Inc. (HBI) and Providence Bank (Providence) jointly announced today that they have received regulatory approvals for their merger of equals as well as shareholder approval from each of the three organizations.
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Richard Merino Joins Ankura as Senior Managing Director
August 19, 201920-Year veteran deepens and expands Ankura's healthcare disputes, compliance, investigation and advisory offerings
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Loot Crate Agrees to be Acquired, Company Receives Commitment for New Financing
August 19, 2019Loot Crate received a commitment for up to $10 million in new financing from Money Chest LLC, an investor in the company. These funds coupled with ongoing revenue from subscriptions will be used to maintain normal operations.
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Moritt Hock & Hamroff Welcomes New Partner Danielle J. Marlow
August 19, 2019The law firm of Moritt Hock & Hamroff with offices on Long Island and in New York City has announced that Danielle J. Marlow has joined the firm as a Partner in its Ligation practice group. Ms. Marlow resides in the firm's Garden City office.
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Marc Sullivan, CFA, Joins Phoenix Management Services®
August 19, 2019Phoenix Management Services®, a leading provider of sustainable, operationally focused solutions for middle market companies in transition, is pleased to announce the appointment of Marc Sullivan, CFA, as a Managing Director in the firm’s Atlanta, GA office.
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Gramercy Funds Management Appoints Business Development Global Head
August 19, 2019Gramercy Funds Management has named Jeffrey D. Sharon as global head of business development. Prior to joining Gramercy, Sharon worked at OFI Global Asset Management, an OppenheimerFunds Company.
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Corsa Announces Credit Facility Refinancing
August 19, 2019Corsa Coal Corp. (TSXV: CSO; OTCQX: CRSXF) ("Corsa" or the "Company") is pleased to announce that certain wholly-owned subsidiaries of the Company, as borrowers, have entered into a senior secured revolving credit facility with KeyBank National Association ("KeyBank") for up to US$25 million.
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The Allcap Participation Fund Announces $1.5 Million Accounts Receivable Transaction Facility
August 19, 2019The Allcap Participation Fund is pleased to announce the origination and participation in a $1,500,000 accounts receivable financing facility to a Florida-based company that has been in business for over a decade, designing and assembling communication systems for the government and large, commercial companies.
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Champion Iron Completes Refinancing and Acquisition of 100% of Bloom Lake Français
August 19, 2019Champion Iron Limited's subsidiary Québec Iron Ore Inc. has successfully completed the previously announced agreement with Caisse de dépôt et placement du Québec for a preferred share offering of C$185 million in addition to a fully underwritten US$200 million credit facility with The Bank of Nova Scotia and Societe Generale.
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Fifth Third Bancorp Introduces New Investment Banking Capabilities for Renewable Energy Industry
August 15, 2019Fifth Third Bancorp (Nasdaq: FITB) announced today that Fifth Third Securities Inc. has hired Timothy Beach, Ari Citrin and Oliver Janssen as managing directors to lead its new Renewable Energy Investment Banking Group.
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Sallyport Commercial Finance Supplies a Credit Facility to a Demolition and Excavation Company
August 15, 2019Sallyport Commercial Finance delivers a $500,000 accounts receivable facility to a construction clean up company. A local business consultant was working closely with an owner who had difficulty staying current with his suppliers.
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Rocky Lozano Joins TAB Bank’s Business Development Team
August 15, 2019Rocky will be based in Dallas and will be responsible for sourcing new business opportunities by providing asset-based and factoring working capital facilities to commercial entities in the Southwestern United States with annual revenues of $2 million to $150 million.
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GA Global Partners and Centurion Service Group Retained to Sell Pine Creek Medical Center's State-of-the-Art Surgical Hospital Equipment
August 15, 2019Great American Global Partners LLC ("GA Global"), a leading wholesale and industrial asset disposition solutions provider and subsidiary of B. Riley Financial, Inc. (NASDAQ: RILY), and Centurion Service Group LLC ("Centurion"), a leading auctioneer of medical equipment, were retained to conduct a public auction of Pine Creek Medical Center's surgical and hospital support equipment.
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CIT Serves as Sole Lead Arranger on $60 Million Financing for Partners Pharmacy
August 15, 2019Headquartered in Springfield, N.J., Partners Pharmacy is one of the nation's top providers of pharmacy and infusion services to the senior living facilities, including skilled-nursing facilities, assisted-living facilities, independent living communities, and memory-care facilities. The proceeds will be used to refinance an existing credit facility and to provide working capital.
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Vcheck Global Recognized as the Fastest Growing Background Check and Due Diligence Investigations Company in America by Inc. Magazine
August 15, 2019Vcheck Global is excited to be selected for the second consecutive year by Inc. Magazine to be amongst their 5000 fastest-growing companies. "We have sincere appreciation to our dedicated team and our diverse client base for enabling our turbo growth over these past years," said Adam Rudman, CEO of Vcheck Global.
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Platinum Group Metals Announces US$10.4 Million Bought Deal Financing, US$9.2 and US$10 Million Private Placements of Common Shares and Entry into a Payout Agreement and New US$20 Million Credit Facility
August 15, 2019The New Credit Facility is a US$20.0 million principal amount senior secured credit facility. The maturity date of the New Credit Facility will be 24 months from the date of the first advance under the facility.
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Aurora Cannabis Announces Upsizing of Credit Facility to Approximately C$360 Million (US$280 Million)
August 15, 2019Aurora Cannabis Inc. ("Aurora or the "Company") (NYSE | TSX: ACB), the Canadian company defining the future of cannabis worldwide, announced today that it has secured commitments from an expanded syndicate of lenders led by the Bank of Montreal ("BMO") to amend and upsize its existing C$200 million secured credit facility.
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Shepherd Kaplan Krochuk Promotes Stephen M. Brackett to President and Co-Head of Alternative Investments
August 15, 2019Shepherd Kaplan Krochuk, LLC (“SKK”), a leading, independently owned, SEC-registered Investment Advisory firm, announced today that Stephen M. Brackett has been promoted to President and Co-Head of Alternative Investments.
The Secured Lender
SFNet's The 81st Annual Convention Issue

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