- BrightNight Announces First Close of Upsized Corporate Credit Facility
- Beacon Pointe Advisors Expands with Two Strategic Team Additions
- Abacus Finance Group Announces theHiring of Tori Simon as an Analyst andThe Launch of a Newly Designed Website
- SLR Business Credit Provides $5 Million Senior Secured Asset-Based Credit Facility to Valhalla Fuels
- TSL Feature Articles
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
Today's Top Story
Featured
AloStar Capital Finance Rebrands as Cadence Business Finance
Cadence Bank today announced the rebrand of AloStar Capital Finance, a division of the bank that provides asset-based lending (ABL) and specialty finance solutions, to Cadence Business Finance (CBF). Along with its new name, logo and website, the rebrand introduces new leadership and a realigned business focus to better serve the growth and operational needs of performing middle-market businesses.
Norbert “Norb” Schmidt has been appointed executive vice president and director of capital finance of Cadence Business Finance.
TSL Express Trending Story
TSL Express Daily Headlines & News
-
MidCap Business Credit Closes on a $2,000,000 Asset Based Credit Facility for Pavement Corporation
July 22, 2019MidCap Business Credit announced today they have closed on a $2,000,000 asset-based credit facility for Pavement Corporation, a portfolio company of Vicour and Spring Capital Partners out of Baltimore, MD.
-
Rosenthal Provides $3M PO Finance Facility for NY-Based Importer
July 22, 2019Rosenthal & Rosenthal, Inc., the leading independent factoring, asset-based lending and purchase order financing firm in the United States, announced the completion of a recent $3 million inventory production finance deal for an importer of dinnerware and glassware.
-
CUMULUS MEDIA Makes $50 Million Voluntary Debt Prepayment
July 22, 2019With this prepayment, the Company has reduced its debt by approximately $250 million since emerging from Chapter 11 on June 4, 2018, bringing the Company’s total debt to approximately $1.05 billion.
-
Global Eagle Announces $61 Million of Additional Liquidity
July 22, 2019Global Eagle Entertainment Inc., a leading provider of media, content, and connectivity to markets across air, sea and land, today announced that it has completed a $40 million upsizing of its Senior Secured Term Loan due 2023, as well as an amendment to its Term Loan.
-
Piper Jaffray Announces the Addition of its CD and Structured Note Underwriting Business
July 22, 2019Piper Jaffray Companies (NYSE: PJC), a leading investment bank and institutional securities firm announced the addition of its CD and Structured Note underwriting business with the arrival of Ardi Baniahmad, Josh Brenner, Rick Cabanes and Meghan Greenwood, formerly of First Empire.
-
Stifel Launches Venture Banking & Lending Group to Serve U.S. Innovation Ecosystem
July 22, 2019Stifel Financial Corp. (NYSE: SF) today announced the successful launch of a venture banking and lending business, dedicated to providing debt capital financing and commercial banking solutions to growth companies and their backers.
-
Martin Midstream Partners L.P. Amends and Extends Revolving Credit Facility and Announces Quarterly Cash Distribution
July 22, 2019Martin Midstream Partners L.P. (Nasdaq:MMLP) (the “Partnership”) announced today that the Partnership has successfully amended and extended its revolving credit facility.
-
Northeast Bank Announces Appointment of Salvatore Salzillo as Senior Vice President, Business Development
July 11, 2019He comes to Northeast Bank with over thirty years of commercial lending experience including real estate, lender and corporate finance.
-
Antares Leads Financing to Support New Mountain’s Acquisition of W2O
July 9, 2019Antares announced today that it served as a lead arranger and is acting as administrative agent for a senior secured credit facility to support the acquisition of W2O by New Mountain.
-
U.S. Bank Names Joshua Shade Arizona Market President
July 1, 2019Shade succeeds Brian Schwallie, who was promoted within the company.
-
Acerus Announces Amendment to Term Loan Credit Facility
July 1, 2019Acerus Pharmaceuticals Corporation (TSX:ASP, OTCQB: ASPCF) (“Acerus” or the “Company”) today announced that it entered into an amended agreement related to its existing credit facility with SWK Funding LLC (“SWK”).
-
Alliance BioEnergy Plus, Inc. Files Plan to Exit Chapter 11
July 1, 2019Alliance BioEnergy Plus, Inc. has filed its Chapter 11 Plan of Reorganization and Disclosure Statement with the bankruptcy court.
-
Peapack-Gladstone Bank Hires New Senior Managing Director, Commercial Private Banker
June 19, 2019Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack-Gladstone Bank are proud to announce the appointment of Jeffrey A. Glaush, Senior Managing Director, Commercial Private Banker.
-
Contura Announces Completion of Successful Refinancing Through $561.8 Million Term Loan Credit Facility
June 19, 2019Contura Energy, Inc. (CTRA), a leading U.S. coal supplier, today announced the completion of its refinancing process through a previously disclosed five-year, $561.8 million senior secured term loan facility.
-
Cross River Expands Capital Markets Portfolio and Professional Team
June 19, 2019Cross River Bank (“Cross River”), a leading innovator and provider of banking services for financial technology companies, today announced several key initiatives taken to expand its Capital Markets portfolio and professional team, further fortifying its commitment and ability to provide best-in-class capital markets services and solutions to the fintech community and beyond.
-
Provident Adds to Lending Team in Philadelphia Metro Market
June 4, 2019Provident Bank is pleased to announce that Brian Snyder has joined the bank as a Vice President and Relationship Manager with the Philadelphia Metro Commercial Lending Team. He will be based in the bank’s Wayne, Pa. regional office and will be responsible for growing the commercial loan portfolio in Philadelphia and the surrounding counties by offering a wide range of commercial products, including lines of credit, equipment loans, and real estate mortgages to businesses and real estate investors.
-
LabCorp Announces New Term Loan Facility
June 4, 2019LabCorp® (LH) entered into a new Term Loan Credit Agreement, which provides for a two-year term loan credit facility in the principal amount of $850 million (the “New Term Loan Facility”).
-
Canaccord Genuity Adds Dedicated FinTech Expertise in its U.S. Investment Banking Business
May 30, 2019Canaccord Genuity Group Inc. (TSX: CF, the "Company") is pleased to announce that Jason Panzer has joined as Managing Director, Investment Banking.
-
PNC Bank Provides Financing to Receipt & Labeling Solutions Provider
May 30, 2019PNC Bank, National Association, announced the closing of a $90 million senior secured credit facility for Iconex LLC (Iconex), a portfolio company of Greenwich, CT-based Atlas Holdings. PNC’s facility was provided in conjunction with a $67.5 million term loan and a $30 million delayed draw term loan provided by Cerberus Business Finance.
-
Annual 2019 ABL & Factoring Survey Points to Strong Asset Quality
May 1, 2019
The Secured Lender
SFNet's The Women in Secured Finance Issue
© 2026 Secured Finance Network
