- Brean Capital Serves as Co-Manager on $406 Million Securitization for Amur Equipment Finance
- Peakhill Capital Closes $350 Million Credit Facility to Accelerate Multifamily and CMHC-Insured Lending Across Canada
- Tiger Group Successfully Sells SoCal Transportation Fleets
- Salem Five Provides $4 Million Revolving Credit Facility to NorEast Outdoors, LLC
- John Fee joins Entrepreneur Growth Capital
TSL Express Daily Articles & News
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Today's Top Story
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First Citizens BancShares, Inc. and CIT Group Inc. Announce Transformational Partnership to Create a Top-Performing Commercial Bank
First Citizens BancShares, Inc. (NASDAQ: FCNCA) (“First Citizens”), the parent company of First-Citizens Bank & Trust Company, and CIT Group Inc. (NYSE: CIT) (“CIT”), the parent company of CIT Bank, N.A., jointly announced today that they have entered into a definitive agreement under which the companies will combine in an all-stock merger of equals to create the 19th largest bank in the United States based on assets.
It brings together complementary strengths with First Citizens’ low-cost retail deposit franchise and full suite of banking products and CIT’s national commercial lending franchise and strong market positions.
TSL Express Trending Story
TSL Express Daily Headlines & News
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LBC Credit Partners Supports the Acquisition of Alabama Controls
August 6, 2019LBC served as Agent and Sole Lead Arranger for the senior secured credit facility.
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Bristow Group Files Plan Of Reorganization And Disclosure Statement
August 6, 2019Reaffirms Plan to Emerge from Chapter 11 in Fourth Quarter Calendar 2019
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New York's Iconic Luxury Department Store Chain Barneys Files for Bankruptcy
August 6, 2019Barneys secured $75 million in new financing from affiliates of Hilco Global and the Gordon Brothers Group to help it keep operating as it navigates the bankruptcy court, it said in a statement.
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CIT Names Ken Martin as Managing Director of Small Business Solutions Unit
August 5, 2019CIT Group Inc. today announced that Ken Martin has joined the company as managing director of the Small Business Solutions unit, which is part of its Business Capital division, effective immediately.
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Trakopolis Enters into Amending Agreement for Secured Term Credit Facility
August 5, 2019Trakopolis IoT Corp. announces that it has entered into an agreement with ESW Holdings, Inc., its senior secured lender, in respect of its US$3.0 million secured credit facility.
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Chubb and the National Center for the Middle Market Release New Research Findings Measuring Growth, Capital Investment, Confidence and Key Risks Facing Middle Market Companies
August 5, 2019Together with the National Center for the Middle Market (NCMM), which is housed at The Ohio State University Fisher College of Business, Chubb has published a summary of findings from the Middle Market Indicator (MMI) report.
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Huntington Business Credit Deal Announcement
August 5, 2019Huntington Business Credit announced it closed new credit facilities with Xpress Global Systems, LLC on May 15, 2019.
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GridLiance Closes $185 Million Debt Financing
August 1, 2019GridLiance, an independent electric transmission company, today announced that its subsidiary, GridLiance Western Holdings, and transmission company, GridLiance West, closed on two new revolving credit facilities with commitments totaling $185 million.
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Blank Rome Welcomes Seasoned Consumer Financial Services Partner in New York
August 1, 2019Scott represents financial institutions, corporations, and other entities, providing regulatory counsel related to mortgage banking and consumer financial services matters.
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ePayRails Closes Series A Funding Round at $2.45 M
August 1, 2019ePayRails today announced a new round of series A funding of $2.45M. Aspire Fund Management was the largest investor in the round, investing $2 million along with a consortium of additional private investors who invested the balance of $450 thousand.
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Celadon Group Completes $165 Million in New Long-Term Financing
August 1, 2019Celadon Group, Inc. ("Celadon," the "Company," "we," or "us") (OTCPink: CGIP) announced today that it has refinanced its former revolving credit facility and obtained $165 million in new financing.
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Breakout Capital Finalizes New Credit Facility with Medalist Partners
August 1, 2019Leading small business lender secures new credit facility to support growth across loan portfolio
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Pacific Mercantile Bank Provides $10.0 Million in Financing to Mercury GSE
August 1, 2019In addition to the financing, Mercury GSE utilizes a full suite of Pacific Mercantile Bank’s depository products and treasury management services.
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ExWorks Provides Financing to a US-Based ISO Engineered Lighting Company
August 1, 2019The company designs, engineers, and manufactures sophisticated, cost-saving lighting systems for the controlled-environment agriculture industry.
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Celtic Capital Corporation Announces New Client Relationship
August 1, 2019Celtic Capital Corporation announced its most recent new client relationship – a Washington-based manufacturer of treats for dogs including dog biscuits, meat treats, and soft and chewy treats.
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TAB Bank Provides Product Testing Company in Illinois with a $3 Million Revolving Credit Facility
August 1, 2019The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs.
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Siena Lending Group LLC Announces The Closing of an $11.75 Million Credit Facility For Nilco Enterprises Inc. and Dial Lubricants, Inc.
August 1, 2019The facilities will be used to support the companies’ working capital needs and continued growth.
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Wells Fargo Names Leaders to Key Roles
August 1, 2019Wells Fargo & Co. today named David Kowach head of Community Banking, Jim Hays president and head of Wells Fargo Advisors, Andy Rowe Enterprise Customer Excellence executive, and Elli Dai Small Business and Personal Lending Group executive.
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TAB Bank Provides Product Testing Company in Illinois with a $3 Million Revolving Credit Facility
July 31, 2019The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs.
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MUFG to Tap into Charlotte Technology and Risk Talent with New Office
July 30, 2019MUFG, one of the world's leading financial groups, has opened an office in Charlotte, NC for its Operations & Technology for the Americas group, Americas Risk Management group, and other select functions.
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