- Sallyport Capital Finance Provides $2 Million Accounts Receivable Factoring Facility for Apparel Manufacturer
- Avantus Increases Corporate Credit Facility to $1.28 Billion, Adds Five New Lenders
- JPalmer Collective Closes $7 Million Working Capital Line of Credit with National Jewelry Supplier Gems One
- Asset-Based Lending & Factoring Surveys
- Tiger Group Expands National Field Examination Platform with Acquisition of MNT Consulting
TSL Express Daily Articles & News
To submit company news and press releases to TSL Express, email tslexpress@sfnet.com.Today's Top Story
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FrontWell Capital Partners Adds Experienced Origination and Underwriting Professionals
FrontWell Capital Partners (“FrontWell”), a private credit fund that provides transitionary senior debt financing to middle-market companies in the United States and Canada, has announced that it has added to its roster three professionals who bring extensive expertise in sourcing, underwriting and portfolio management across many industries and multiple market cycles. Aubrie De Sylva has joined the firm’s deal originations team as Vice President and Kevin Freer and Andrew Isaac have joined the underwriting team as Vice President and Assistant Vice President, respectively. They will be based in FrontWell’s Toronto headquarters.
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TSL Express Daily Headlines & News
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Millennium Funding Joins RangeMe Services
July 30, 2019Millennium Funding, a leading provider of working capital solutions to U.S. and Canadian businesses, today announced they have joined RangeMe, the leading online platform that streamlines product discovery, sampling, and sourcing between suppliers and retailers.
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Monroe Capital Expands Credit Facility to Prototek
July 30, 2019Monroe Capital LLC announced an increase in its credit facility to Prototek to support the acquisition of Cal-X, Inc. (“Cal-X”), an existing portfolio company of CORE Industrial Partners.
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Encina Business Credit Provides $45 Million Facility to a Supplier of Hydroponic Products
July 30, 2019The facility consists of a revolving line of credit based on accounts receivable and inventory
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Sallyport Commercial Finance Partners with Blue Star Mothers of America
July 30, 2019This summer, Sallyport Commercial Finance wanted to give back to our heroic men and women of the Armed Forces who are serving this Nation overseas.
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Tradewind Provides Credit Facility to Honey Exporter Based in Brazil
July 29, 2019Tradewind has completed a $600,000 trade finance facility for a high-quality organic honey exporter based in Brazil that sells mainly to buyers in Europe and North America.
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Rosenthal Provides $4M Factoring Facility to New York Luxury Brand
July 29, 2019The New York-based brand was experiencing a major uptick in sales, as a result of orders from both new and existing retail customers. To support the brand’s growth and to mitigate any future cash flow strains, the company was seeking a permanent working capital solution.
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Cogent Bank Announces two Additions to the Specialty Lending Group team
July 29, 2019Cristina Brabson has joined in the role as Vice President-Senior Operations Manager and Abbey Henderson has taken a position as Vice President-Portfolio Manager for the Specialty Lending Group.
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Sterling Bancorp Searching for Portfolio Deals, Northeast Bank Acquisitions
July 29, 2019Montebello, NY-based Sterling Bancorp may announce a portfolio acquisition by the end of the year, management said on their second-quarter earnings call.
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Wheeler Financial from Pitney Bowes Helps Covenant Trucking Company Inc. Secure Funding to Capitalize on Growing North Carolina Economy
July 29, 2019Pitney Bowes (NYSE: PBI), a global technology company that provides commerce solutions in the areas of ecommerce, shipping, mailing, finance and data, today announced that Wheeler Financial from Pitney Bowes has closed a financing transaction with Covenant Trucking Company Inc.
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Navy Federal Names Deputy Chief Information Officer
July 29, 2019Navy Federal Credit Union announced that Stephen Rice has been selected to serve as the credit union’s deputy chief information officer (DCIO)
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Greenspoon Marder Expands Corporate & Business Capabilities With Addition Of New Partner Michael Smith In New York
July 29, 2019Greenspoon Marder is pleased to announce the expansion of the firm's Corporate & Business practice group with the addition of partner, Michael Smith in New York.
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Greenberg Traurig Adds Shareholders Michael G. Taylor and Michael E. Strauch in Miami Office
July 29, 2019Global law firm Greenberg Traurig, P.A. has added Shareholders Michael G. Taylor and Michael E. Strauch in the firm’s Miami office. Taylor rejoins the firm as a shareholder in the Corporate Practice, while Strauch is a shareholder in the firm’s Litigation Practice.
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Emergent Capital Announces Financing Commitment for Bankruptcy Exit
July 29, 2019Emergent Capital, Inc. (OTCQX: EMGC) ("Emergent" or the "Company"), announced that on July 18, 2019, Emergent and its subsidiaries, including White Eagle Asset Portfolio, LP, entered into a binding commitment with Jade Mountain Partners
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Capital One Adds Tim Fouts as Middle Market Relationship Manager in Dallas
July 29, 2019Capital One announced today that Tim Fouts has joined its Commercial Bank as a Senior Vice President and Relationship Manager.
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1st Capital Bank Opens Loan Production Office (LPO) in Santa Cruz
July 29, 20191st Capital Bank (OTC Pink: FISB) President and CEO, Thomas Meyer announced 1st Capital Bank has opened a commercial lending office in Santa Cruz, California.
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Clark Joins Old Second Bank
July 29, 2019Donald J. Clark of Chicago has been named Senior Vice President, Commercial Banking, with Old Second National Bank, operating from the Chicago—Loop location
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Wells Fargo Names new Alabama Commercial Banking Executive
July 29, 2019Hans Sitarz has been chosen to lead commercial banking operations in Alabama and Mississippi for Wells Fargo.
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Larry S. Reed Hired as Senior Vice President for Community Development and External Affairs for California Market
July 29, 2019He replaces Don Kincey, Senior Vice President, who retired from Comerica after working for 20 years at the bank.
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SITE Centers Refinances $950 Million Revolving Credit Facility and Increases Unsecured Term Loan Facility
July 29, 2019Wells Fargo Securities, LLC and JPMorgan Chase Bank, N.A. served as Joint Bookrunners, JPMorgan Chase Bank, N.A. served as Administrative Agent, and Wells Fargo Securities, LLC, JPMorgan Chase Bank, N.A., Citizens Bank, N.A., RBC Capital Markets and U.S. Bank National Association served as Joint Lead Arrangers.
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Amerisource Closes $1,000,000 Credit Facility for Manufacturing Company
July 29, 2019Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility for a precision parts design and manufacturing company based in New York.
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