TSL Express Daily Articles & News

Gateway Trade Funding, a PO and Stretch Financing company, is pleased to announce that it has recently completed the following stretch finance transactions: a $615,000 facility for a US tech staffing company; $150,000 facility for a US apparel company; $250,000 facility for a US steel fabricator and a $100,000 facility for a US agriculture and farming products company.

Gateway Trade Funding, a PO and Stretch Financing company, is pleased to announce that it has recently completed the following stretch finance transactions: a $615,000 facility for a US tech staffing company; $150,000 facility for a US apparel company; $250,000 facility for a US steel fabricator and a $100,000 facility for a US agriculture and farming products company.

The Pennant Group Inc. (NASDAQ: PNTG) announced it has added a term loan to its existing credit facility, increasing the total facility by $100 million to $350 million. The healthcare services company said the borrowings are supported by its existing lending consortium led by Truist Securities.

Blue Owl Capital Corporation (NYSE: OBDC) ("OBDC") and Blue Owl Capital Corporation II ("OBDC II") announced today that they have entered into a definitive merger agreement, with OBDC as the surviving company, subject to certain shareholder approvals of OBDC II and other customary closing conditions.

TD Bank, America’s Most Convenient Bank®, today announced that Mike Phillips has been appointed North Florida Commercial Market President, effective November 3, 2025. He will support continued growth across the region, which includes the greater Orlando, Tampa/St. Petersburg, Jacksonville, Gainesville, Ocala, Daytona, Lakeland and Melbourne areas.

Evolution Credit Partners Management, LLC (“Evolution”), a leading alternative credit investment manager, today announced the appointment of Nancy Karpf as Managing Director, Capital Formation, strengthening the firm’s investor engagement and fundraising capabilities. K

Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, announced today that Stephen Pollock has joined as a Managing Director in its Capital Solutions Group. He is based in New York and will strengthen the firm’s directs and secondaries advisory capabilities in its Equity Capital Solutions practice.

Silver Point Capital, a global leader in credit investing, today announced that its Direct Lending business has served as a Joint Lead Arranger in the $450 million secured term loan financing supporting the acquisition of Goodyear Chemical, a leading producer of synthetic rubber, by Gemspring Capital Management.

Marc Leduc has joined Choate as a Partner in the Firm’s nationally recognized Finance and Restructuring Group. He will advise commercial banks and private credit lenders on a broad range of domestic and international finance transactions and debt restructurings.

BRG announced today that Alexandra Sawyer has joined the firm’s Financial Institution Advisory practice as a director. Based in Washington, DC, she advises leading financial institutions on change management, risk mitigation, and regulatory challenges.

SouthStar Capital is pleased to announce the funding of a $14 million debtor-in-possession (DIP) facility for a leading national logistics and warehouse-staffing company headquartered in Tennessee.

New analysis from Ocorian*, a market leader in asset servicing for private markets and corporate and fiduciary administration, reveals that U.S. based private market funds currently hold around $7.26 trillion in assets under management.

Continuing its strategic expansion in the U.S., Aztec Group, a premium global provider of fund and corporate services, announced today the appointment of Margaret Timmons as Global Client Relationship Lead, based in New York.

B. Riley Securities Holdings, Inc. (“B. Riley Securities,” “BRS” or the “Company”), a leading middle market investment bank, today provided a business update and certain preliminary financial results for the three-month period ended September 30, 2025.

Kiwi, the fintech company building AI-powered financial tools for underbanked Latinos in the U.S., today announced it has secured a $100 million credit facility from Community Investment Management (CIM). This financing follows the company’s $8 million Series A earlier this year and will accelerate its mission of expanding access to responsible credit for underserved Latino communities nationwide.

Republic Business Credit today announced the promotion of William Kemp to Senior Vice President, Regional Manager. In this role, Kemp will lead Republic’s sales strategy in Texas while continuing to originate new business opportunities.

During the first nine months of 2025, Encina Private Credit (“Encina”) provided over $485 million of first out enterprise value loans to a wide range of middle-market companies, representing a 36% increase over the same period in 2024.

Gridiron Capital, LLC (“Gridiron Capital” or “Gridiron”), an investment firm focused on partnering with founders, entrepreneurs, and management teams, is thrilled to announce the appointment of Shari Miller as General Counsel & Chief Compliance Officer.

nFusion Capital, a leading provider of financing solutions to small and middle-market businesses, provided a $6 million asset based lending facility to a Southern California-based electrical contractor. The financing will support the company’s large project backlog and accelerate its regional expansion.

Big Shoulders Capital recently announced that seasoned industry veteran, Tim Serritella has joined the company as Senior Vice President. Serritella will be responsible for developing business for all of the firm's verticals with a focus on expanding their equipment-based lending portfolio, distressed bank note purchases and auction services.