- Dwight Funding Announces Select Credit Facilities for Growth-Stage Consumer Brands-$12M
- Chicago Atlantic Agents a Senior Secured Facility to Support the Acquisition of Lionel Holdings, LLC by Round 2 Holdings, LLC
- Tiger Group to Auction More than 100 Flatbed Trailers
- Assembled Brands Announces New Partnership with Swag Golf to Fuel Global Omnichannel Expansion
- Nichola Foley Joins Jones Day in London Office as Partner in Firm’s Financial Markets Practice
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
Today's Top Story
Featured
CIBC Innovation Banking Provides Debt Financing to Yello, Inc.
CIBC Innovation Banking today announced it has extended a $15 million credit facility to Yello, a provider of early talent acquisition and recruiting scheduling software. The credit facility will be used to support Yello's continued growth as it further establishes itself with organizations seeking to hire the best and most diverse talent.
Yello is a Chicago-based portfolio company of JMI Equity and First Analysis. Financing was provided by CIBC Bank USA, CIBC's US banking subsidiary.
TSL Express Trending Story
TSL Express Daily Headlines & News
-
A&G Hires Jeffrey K. Hoffmann to Lead its Restaurant Real Estate Division
October 30, 2019Jeffrey K. Hoffmann, a veteran banking executive who has provided strategic advice and capital solutions to operators of some of the biggest restaurant brands in North America, has joined A&G Real Estate Partners as a Senior Managing Director and head of the firm’s fast-growing restaurant division.
-
Aura Secures $130 Million Credit Facility from Varadero Capital
October 30, 2019Aura, a mission-driven financial technology company that offers affordable loans to hard-working families, today announced it has closed a $130 million asset-backed revolving credit facility with Varadero Capital, L.P. This new facility comes during a period of rapid growth for Aura in which the company has provided approximately $635 million in loans to more than 475,000 borrowers at over 1,250 partner locations since its founding in 2014.
-
US Capital Global Provides €10MM Bridge Financing for MIRIS ahead of €100MM Growth Equity Facility
October 30, 2019US Capital Global has structured and provided a €10 million bridge loan for MIRIS AS, a technology-driven real estate development company that enables sustainable solutions for Smart Communities. The company has five construction projects planned, including the world’s first energy-positive hotel, named Svart Hotel. This is a bridge facility ahead of a €100 million growth equity program.
-
Amerisource Closes $1,000,000 Credit Facility for Specialty Manufacturing Company
October 30, 2019Amerisource Business Capital announced the closing and funding of a $1,000,000 senior credit facility for a component parts manufacturer based in New York. Proceeds of the facility are being used to support working capital and sales growth.
-
Patrick Donnelly Joins People’s United Bank’s Nonprofit Specialty Finance Group as Senior Vice President
October 30, 2019People’s United Bank, N.A. (NASDAQ: PBCT), today announced that Patrick Donnelly has been appointed Senior Vice President, Nonprofit Banking. Donnelly will be based at the Bank’s 250 Park Avenue, New York City location, and be responsible for strategy development, sales and relationship management covering New York, New Jersey and the Philadelphia metro-area.
-
BlueVine Introduces BlueVine Business Banking, Designed for Today’s Small Businesses
October 30, 2019BlueVine, a leader in providing access to online working capital for small businesses, today announced the launch of BlueVine Business Banking, a new banking service built specifically for small businesses. BlueVine Business Banking simplifies and enhances the banking experience for today’s small businesses by providing a smart, easy-to-use dashboard and BlueVine Business Debit Mastercard® to manage everyday finances along with 1.00% interest on their balance and zero monthly fees.
-
Briar Capital Closes a $9.5MM Real Estate Loan for an Oilfield Service Provider
October 30, 2019Briar Capital Real Estate Fund ("BCREF") (www.BriarCapital.com) is pleased to announce it has provided a $9.5MM real estate term loan to an Oilfield Service Provider in Houston, TX.
-
FSW Funding Provides $5.0M Facility to Ammunition Manufacturer
October 30, 2019FSW Funding (“FSW”) is pleased to announce the completion of a $5.0 million financing facility to a Rocky Mountain-based ammunition designer, manufacturer, and marketer (the “Client”) for products in the sporting goods industry.
-
Wintrust Receivables Finance Announced Closing of a New $20 Million Line to Support Growing Third Party Logistics Provider
October 30, 2019Wintrust Receivables Finance announced today the closing and funding of a $20 million credit facility for a third party logistics provider based in Chicago. The company, which was founded two years ago, has become one of the fastest growing enterprises in the U.S. logistics industry.
-
Cushman & Wakefield Hires Top Debt Capital Markets Team
October 30, 2019Cushman & Wakefield (NYSE: CWK) has further strengthened its Capital Markets team in Chicago with the additions of Jeff Altenau as Executive Managing Director and Zach Yarnoff as Managing Director. Both come to Cushman & Wakefield from Eastdil Secured, where they worked on several notable transactions.
-
Freshfields Hires Cleary Team Led by M&A Rainmaker Klingsberg
October 30, 2019Freshfields Bruckhaus Deringer LLP has hired a team of corporate lawyers from Cleary Gottlieb Steen & Hamilton LLP, led by prolific dealmaker Ethan Klingsberg, as it seeks to make new inroads in the U.S. mergers and acquisitions (M&A) market. Klingsberg, whose clients include retailer Lowe’s Companies Inc, telecommunications giant Verizon Communications Inc and Google owner Alphabet Inc, will lead Freshfields’ U.S. M&A practice, the firm said in a statement on Friday.
-
City National Bank Expands to Miami and Long Island and Adds New Hollywood Office
October 30, 2019City National Bank, America’s Premier Private and Business Bank®, today announced that it has opened three new locations around the United States: a new full-service banking office in Hollywood, CA; its first entertainment banking office in Miami, FL; and its first full-service regional center on Long Island, NY. City National will do business in Miami and the state of Florida as CN Bank.
-
Len Losquadro Joins C2FO Within the Capital Finance Group
October 30, 2019Based in New York, Len will be responsible for creating new business opportunities and strategic partnerships. The capital solutions at C2FO include the early payment platform and secured lending products. His focus is on supporting the capital needs of small and medium-sized enterprises.
-
Gulf Coast Business Credit (“GCBC”) Closed 43 new Accounts Receivable Factoring and Asset Based Lending (ABL) Deals in 3Q
October 30, 2019Gulf Coast Business Credit (“GCBC”) had a great third quarter, closing 43 new Accounts Receivable Factoring and Asset Based Lending (ABL) deals. Amongst the new deals funded were a $4,000,000 working capital facility to a Louisiana based staffing company, a $300,000 working capital facility to a Texas based manufacturing company and a $200,000 working capital facility to a California based transportation company.
-
DLL to Expand Into Recreational Activity Equipment Market
October 30, 2019DLL, a global financial solutions provider will expand its offerings into the recreation and leisure lifestyle market in North America. This will include motorsport, marine, recreational vehicles and manufactured homes. DLL will provide floor planning lines of credit for eligible/qualified dealers to finance inventory purchases from their manufacturing partners, including new, rental and used inventory credit lines.
-
Sallyport Commercial Finance Aids Service Company with Expansion Capital
October 30, 2019Sallyport Commercial Finance offers a $500,000 accounts receivable facility to a company that specializes in servicing, maintaining and repairing generators. Having prior experience in the generator industry has allowed this newly-formed company to accumulate clients at a pace that required assistance to support their growth. With the help of Sallyport, the business is now positioned to expand and seize new business opportunities.
-
North Mill Capital Provides Revolving Line of Credit and Equipment Term Loan
October 29, 2019North Mill Capital provided a $1,500,000 revolving line of credit and a $450,000 equipment term loan. The funds were used to pay down the bank and provide ongoing working capital for expansion of the company.
-
Braemar Hotels & Resorts Announces New $75 Million Revolving Credit Facility
October 29, 2019The new credit facility includes the opportunity to expand the borrowing capacity by up to $175 million to an aggregate size of $250 million. Since the Company had a zero balance on the previous credit line, no cash was utilized to pay it down upon termination. BofA Securities, Inc. acted as the sole lead arranger & sole bookrunner and Bank of America, N.A. as the administrative agent. Other participating lenders include KeyBank National Association and Morgan Stanley.
-
Bluegreen Vacations Corporation Enters Into $225.0 Million Syndicated Corporate Credit Facility
October 29, 2019Bluegreen Vacations Corporation (NYSE: BXG) ("Bluegreen" or the “Company") today reported that on October 23, 2019, Bluegreen amended and restated its syndicated credit facility led by Fifth Third Bank (“Fifth Third”). The amended credit facility is a $225.0 million syndicated credit facility which includes a $100.0 million term loan with quarterly amortization requirements and a $125.0 million revolving line of credit.
-
Destination Maternity Closes 183 Stores and Files for Chapter 11 Bankruptcy
October 28, 2019Destination Maternity announced it is closing more than a third of its stores and filing for Chapter 11 bankruptcy, adding to a long line of struggling retailers.
The Secured Lender
SFNet's The Women in Secured Finance Issue
© 2026 Secured Finance Network
