- American Resources Corporation Secures $5 Million Credit Facility with Old National Bank to Procure Rare Earth and Critical Mineral Feedstocks
- Leveraged Lending: Interagency Statement on Recission of Interagency Leveraged Lending Guidance Issuances
- Eclipse Business Capital Provides $75 Million Senior Secured ABL Facility to Consumer Products Supplier
- Hogan Lovells Expands Corporate & Finance Practice with Addition of Krisa Benskin in Houston
- Change Capital Provides $1.3MM to Support Pro-Athlete Housing Company’s Refinance and Expansion Initiative
TSL Express Daily Articles & News
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Today's Top Story
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Siena Lending Group Announces Leadership Transition Plan
Siena Lending Group LLC ("Siena" or the "Company") announced today that after highly distinguished careers within the commercial finance industry, Chief Executive Officer (CEO) Dave Grende and Chief Risk Officer (CRO) Steven Sanicola will retire effective February 16, 2025. Both Grende and Sanicola will remain active in Siena’s business, taking on the role of Senior Advisors.
TSL Express Trending Story
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The Evolution and Impact of Factoring Services Amidst Global Supply Chain Disruptions
In recent years, global supply chains have faced unprecedented challenges, from pandemic-induced disruptions to geopolitical tensions and economic uncertainties. As businesses grapple with these issues, factoring has emerged as a critical solution for managing cash flow and mitigating risks. SFNet members provide insight into how factoring has evolved, its impact on the supply chain, and real-world examples of its effectiveness.
TSL Express Daily Headlines & News
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Lincoln Financial and Bain Capital Announce Long-Term Strategic Partnership
April 9, 2025Lincoln Financial (NYSE: LNC) today announced an $825 million strategic growth investment from Bain Capital, a leading global investment firm. Bain Capital will acquire a 9.9% stake in Lincoln Financial, creating significant alignment and long-term value creation opportunities across an array of strategic initiatives over time, with a focus on advancing Lincoln’s goal of sustained profitable growth.
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Clifford Chance Expands US Restructuring & Insolvency Practice With new Partner David M. Feldman in Global Leadership Role
April 9, 2025Feldman joins the firm from Gibson, Dunn & Crutcher, where he served as co-chair of the restructuring practice for 16 years. He brings more than 30 years of experience in restructuring and insolvency law, with experience representing large and sophisticated credit funds, private equity firms, financial institutions, and companies in complex bankruptcy cases, out-of-court restructurings, and distressed asset and debt transactions.
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Citizens Announces Realignment of its Asset-Backed Finance Group
April 9, 2025Citizens announced a realignment of its Asset-Backed Finance Group, formerly led by John Carlin. Carlin will remain with the firm, focused on the Bank’s Private Capital initiative across its Capital Markets Platform while Managing Directors Pete Rogers and Erik Priede will assume leadership roles as heads of the Corporate Credit Securitization and ABS Platforms, respectively.
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Renasant Business Credit closes a $15 Million Revolving Credit Facility
April 9, 2025Renasant Business Credit is pleased to announce the funding of a $15 million asset-based line of credit to a fuel distributor located in the Southeast, primarily serving the oil and gas industry. Renasant Business Credit worked closely with a leading private equity firm in the Southeast to assist this portfolio company.
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Steve Bishop Joins First Business Bank as President of Asset-Based Lending
April 9, 2025First Business Bank welcomes Steve Bishop as President – Asset-Based Lending to First Business Specialty Finance, LLC, a subsidiary of First Business Bank.
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Gordon Brothers Supports Middle West Partners Acquisition of David Webb including $30M in Financing
April 9, 2025Gordon Brothers, the global asset experts, has provided Middle West Partners (MWP) $30 million in financing and advisory work to support the private equity firm’s majority stake acquisition of the luxury jewelry brand David Webb.
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ORIX Corporation USA’s Growth Capital Business Invests in Tuition.io
April 9, 2025ORIX Corporation USA’s Growth Capital business today announced it has successfully closed a debt financing facility for Tuition.io, a benefits platform that empowers employers to support their workforce through comprehensive education assistance benefits.
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Mazzotta Rentals, Inc. Secures $160 Million Credit Facility to Accelerate Growth and Continue Fleet Expansion
April 9, 2025Mazzotta Rentals, Inc. (MRI), a leading provider of rental equipment solutions serving CT, MA, NY, RI, VT, NH, and ME in the construction, industrial, and infrastructure sectors, today announced it has secured an asset-based loan credit facility with M&T Bank (NYSE:MTB) as lead arranger and administrative agent.
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Enterprise Group Announces New $41 Million Credit Facility with a Canadian Schedule 1 Bank
April 8, 2025Enterprise Group, Inc. (TSX: E) (OTCQB: ETOLF) (the "Company" or "Enterprise"). Enterprise, a consolidator of energy services (including specialized equipment and services to the energy/resource sector), emphasizes technologies that mitigate, reduce, or eliminate CO2 and Green House Gas (GHG) and other harmful emissions for small local and Tier One resource clients, announces that it is finalizing a senior secured credit facility (the "Facility") with a Canadian Schedule 1 bank.
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Gateway Trade Funding Provides $900,000 in Purchase Order and Stretch Financing to a Fashion Jewelry and Accessories Company
April 8, 2025A fashion jewelry and accessories company was growing fast and had just received a large order from a major retailer. However, their current factoring arrangement wasn’t enough. That’s when their factoring company recommended Gateway Trade Funding to provide the additional capital needed through Purchase Order and Stretch Financing.
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James Marasco Appointed to GA Group Board of Directors
April 8, 2025Great American Holdings, LLC ("GA Group"), an industry-leading provider of valuation, appraisal, asset disposition and real estate services, announced that Mr. James ("Jim") Marasco has been appointed to its Board of Directors.
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Former BlackRock Executive Mark Wiedman Tapped as PNC’s New President
April 8, 2025Former BlackRock executive Mark Wiedman will step in as the new president of PNC Financial Services Group, Inc. and its banking subsidiary, the corporation announced Monday.
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Kashiv BioSciences Secures $150 Million Debt Financing from GoldenTree Asset Management
April 8, 2025Kashiv BioSciences, LLC (“Kashiv BioSciences” or the “Company”), a fully integrated biopharmaceutical company, today announced that it has entered into a senior secured credit agreement with GoldenTree Asset Management (“GoldenTree”) as the sole lender
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Monroe Capital Supports Olympus Partners’ Acquisition of PAI Pharma
April 8, 2025Monroe Capital LLC announced it acted as joint lead arranger on the funding of a senior credit facility to support the acquisition of PAI Pharma (“PAI”) by Olympus Partners. Founded in 1968 and based in Greenville, SC, PAI is a leading US oral generic liquids manufacturer of ready-to-dose cups and oral liquids bottles.
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Edge Capital Goes Head-to-Head with Industry Giants as Finalist for Top Tech Innovation Award
April 8, 2025Edge Capital Lending, LLC (“Edge”) is proud to announce its selection as one of three finalists for the Banking Tech Awards in the Innovative Use of Existing Technology category—alongside JP Morgan Chase and United Wholesale Mortgage.
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SLR Credit Solutions Announces Promotion and New Employees
April 8, 2025SLR Credit Solutions (“SLR CS”), a leading provider of direct private credit solutions for middle market businesses, is pleased to announce the following promotion and new hires to its team. These individuals will be key contributors to the organization allowing our business to deliver innovative secured debt financings across a wide range of industries including consumer/retail, business services, specialty finance, and industrials.
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Sprout Social Extends Credit Agreement to 2030
April 7, 2025Sprout Social, Inc. (SPT), a prepackaged software services company with a market capitalization of $1.15 billion and impressive revenue growth of 22% over the last twelve months, has amended its credit agreement, extending the maturity date and revising the interest rate determination method, according to a recent SEC filing.
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Neogen® Announces Refinancing of Term Loan and Revolving Credit Facility
April 7, 2025Neogen® Corporation (NASDAQ: NEOG), an innovative leader in food safety solutions, announced today the successful refinancing of the remaining $550 million principal of its original $650 million term loan, as well as its revolving credit facility, due in August 2027.
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Republic Business Credit Accelerates the Growth of Natural Beauty Brand with a $2,500,000 Factoring Facility
April 7, 2025When a growing, women-owned natural beauty and cosmetics manufacturer wanted to accelerate its growth, it partnered with Republic Business Credit to reach its strategic goals. Republic provided a $2,500,000 factoring facility that refinanced its incumbent lender’s loan while providing more than $1,000,000 in additional liquidity from the manufacturer’s working capital.
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AFS Closes a $6MM Facility for a Domestic and International Mail Service Provider
April 7, 2025Austin Financial Services, Inc. (AFS) is pleased to announce the closing of a $6 million asset-based lending (ABL) facility for an industry leading, full service domestic and international mail service provider. The facility includes an accounts receivable revolver and a term loan secured by equipment.
The Secured Lender
SFNet's The 81st Annual Convention Issue

