- Rosenthal Capital Group Closes $30 Million Factoring Facility for Woman-Owned Apparel And Accessories Company
- Commercial Funding Inc. Accelerates Growth with Strategic Acquisition of Amegy Business Bank’s Factoring Portfolio from Zions Bancorporation, N.A.
- Rosenthal Capital Group Closes Two Transactions Totaling $7 Million for its CPG+ Division
- Tiger Group Taps Dylan Carroll as Director of Field Exams
- CIBC Bank USA Asset Based Lending provides Senior Credit Facility to Spartanburg Steel Products, Inc.
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
Today's Top Story
Featured
eCapital Acquires Leading UK Specialty Lender Advantedge
eCapital Corp. ("eCapital" or "the Company), a leading alternative finance provider in North America, today announced it has acquired UK-based specialty lender and factoring company Advantedge Commercial Finance. The acquisition will allow eCapital to continue building out its full suite of specialty lending solutions and geographically diversify its book of business.
Advantedge is a leading privately-owned invoice financing company providing cash flow solutions to small and medium-sized businesses in the UK. Founded in 2001, the Company currently provides funding to UK businesses seeking alternative financing. Since November 2016, revenues for Advantedge have grown almost threefold and EBITDA has increased by 2.5 times over that period.
TSL Express Trending Story
TSL Express Daily Headlines & News
-
First Business Capital Corp. Announces Closed Asset-Based Lending Deal for Growth
September 16, 2019Peter Lowney, President of First Business Capital Corp., announced a recently closed and funded $7,500,000 revolving line of credit facility for a distributor of ceiling fans and lighting in Tennessee.
-
Corporate and Investment Management Lawyer Matthew Bromberg Joins Dorsey in New York
September 16, 2019International law firm Dorsey & Whitney LLP is pleased to announce that Matthew (Matt) Bromberg has joined the Firm as a Partner in the Corporate Group in its New York office.
-
Jon Donnel Joins B. Riley's Great American Group as Managing Director, Oilfield Services
September 16, 2019B. Riley Financial, Inc. (NASDAQ:RILY), a diversified financial services company, today announced that Jon Donnel has joined its Great American Group Advisory and Valuation Services, LLC subsidiary (“Great American”) as Managing Director of Oilfield Services based in Houston, Texas.
-
Maverix Metals to Increase Credit Facility to US$120 Million
September 16, 2019Maverix Metals Inc. (the "Company" or "Maverix") (NYSE American: MMX, TSX: MMX) is pleased to announce that it has secured commitments to upsize its revolving credit facility to borrow up to US$120 million (the "Increased Facility").
-
McGuireWoods Bolsters Global Finance Practice With Partners Lee Cullinane and Marc Naidoo
September 16, 2019McGuireWoods is expanding its formidable global banking and finance capabilities with the arrival of London partners Lee Cullinane, who will lead the firm’s Europe, Middle East and Africa (EMEA) finance group, and Marc Naidoo. Cullinane and Naidoo bring significant experience representing leading banks and other clients in cross-border and emerging markets transactions. They join McGuireWoods London from White & Case, where Cullinane formerly led the EMEA bank finance group.
-
Amerisource Closes $500,000 Credit Facility for Fabrication Company
September 16, 2019Amerisource Business Capital announced the closing and funding of a $500,000 credit facility for a custom equipment fabrication company based in Texas. Proceeds of the facility are being used to support their working capital growth.
-
North Mill Capital Announces Asset Based Revolving Line of Credit and aEquipment Term Loan Facility
September 16, 2019North Mill Capital is pleased to announce the funding of a $7,000,000 asset-based revolving line of credit and a $1,575,000 equipment term loan facility to Aerospace Manufacturing Group, Inc.
-
Hana Financial Completes $56 Million SBA Securitization
September 16, 2019Hana Financial, Inc., one of the nation’s leading non-bank specialty commercial lenders, today announced that its SBA lending subsidiary, Hana Small Business Lending, Inc. has completed the issuance and sale of $56.2 million of asset-backed notes secured by the unguaranteed portion of a pool of loans originated pursuant to the U.S. Small Business Administration’s SBA 7(a) 504 loan program.
-
Versant Funding Announces a new $1.1MM Factoring Facility
September 16, 2019The new client is in the medical technology industry, creating software solutions to improve health care.
-
Neiman Marcus Secures $100 Million Facility to Increase Liquidity
September 16, 2019The luxury retailer plans to use proceeds from the facility, also known as a FILO, to reduce its revolving credit facility and create $100 million in liquidity the company can access in the future. Neiman Marcus Group Inc. completed a $100 million first-in-last-out facility that it will use to pay down the company’s revolver.
-
Utica Leaseco and Utica Equipment Finance Announce Transactions
September 16, 2019Utica Leaseco and Utica Equipment Finance is pleased to announce the completion of five transactions totaling over $10,000,000 during the week of September 9-13, 2019.
-
Fred’s Inc. Taps SB360 As Exclusive Consultant to Conduct Store Closing Sales in the Last Remaining 81 Fred’s Stores
September 12, 2019Fred’s Inc., a discount value retailer, has once again tapped SB360 Capital Partners as their exclusive consultant to conduct Store Closing Sales in all 81 remaining Fred’s locations. SB360 Capital Partners (www.sb360.com), one of North America’s leading asset disposition specialists, has closed 442 Fred’s locations since April of this year.
-
Why Partnerships Are the Future for Fintech
September 12, 2019As the finance industry grapples with what the next generation of banks and payment systems will look like, it’s clear that partnerships are a linchpin for riding the wave of change successfully, whether you’re a multibillion-dollar traditional bank or a startup looking to bring cutting-edge technology into the mainstream.
-
Bill Fasel Joins Grant Thornton to Help Grow its Financial Advisory and Transformation Offerings
September 12, 2019Bill Fasel has joined Grant Thornton LLP as a managing director in the firm’s Strategic Solutions practice within Advisory Services. In this role, he will leverage the firm’s financial advisory and transformation capabilities to deliver turnaround and restructuring, operational improvement and transaction advisory services to underperforming and distressed companies and their creditors, lenders and other key constituents.
-
TradeCap Partners Provides $4,200,000 PO Facility for Consumer Products Importer
September 12, 2019TradeCap Partners, LLC (“TradeCap”) structured a $4,200,000 PO facility for a consumer products importer to support seasonal promotional programs with multiple retailers.
-
CIT Serves as Sole Lead Arranger on $27.2 Million Financing for Texas Assisted Living Facilities
September 12, 2019CIT Group Inc. (NYSE: CIT) today announced that its Healthcare Finance business served as sole lead arranger for a $27.2 million loan for two assisted living facilities in Texas.
-
In Equipment Rental Company Wind-down, Tiger Group to Sell a Large Offering of Construction and Industrial Assets
September 12, 2019More than 1,500 well-maintained cranes, lifts, telehandlers, excavators and other assets from Aerial Access Equipment are available for immediate purchase.
-
Wells Fargo Unveils New Commercial Banking Structure in Nevada
September 12, 2019Wells Fargo (NYSE: WFC) announced that Stuart Brady, Vincent Ciminise and Ivan Ferraz will lead its newly integrated Commercial Banking operations in Nevada. The new roles stem from the bank’s recently announced regional structure for its Commercial Banking business.
-
Monroe Capital Expands Credit Facility to MC Group
September 12, 2019Monroe Capital LLC today announced an increase in the credit facility to MC Group to support the merger of MC Group and Icon Identity Solutions (“Icon”), an existing portfolio company of Arcapita Investment Management US, Inc.
-
Citizens Further Expands Corporate Banking Capabilities by Adding West Region, New Midwest Leadership
September 11, 2019David Musicant hired as Citizens’ first West Region leader and Jim Malz to serve as new Midwest Region leader and Ohio President.
The Secured Lender
SFNet's 40 Under 40 Awards Issue
© 2026 Secured Finance Network
