TSL Express Daily Articles & News

Assembled Brands Capital announces a senior secured facility to support Stately, a California-based men’s stylist-curated clothing subscription service. This flexible, non-dilutive capital will help the DTC-only business continue its subscriber growth and inventory purchases.

Marina City Club, one of Southern California’s most iconic residential communities, is set for a transformative upgrade with $35 million in financing from Western Alliance Bank’s Alliance Association Banking group. This funding enables the Marina City Club Homeowners Association to complete structural repairs and introduce new amenities without imposing a special assessment on homeowners.

American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a leader in the critical mineral supply chain developing innovative solutions for the extraction, processing and recycling of rare earth elements and critical minerals from sustainable sources, today announced it has secured a $5 million inventory line of credit with Old National Bank.

The Cosine Group, a division of Armory Securities, is excited to congratulate its client Pequity, an innovative leader in compensation management software, on its acquisition by ADP, a global leader in HR and payroll solutions. The acquisition will broaden the tools ADP offers to support the complex compensation planning needs of its mid-size, enterprise and multinational clients.

The Hedaya Capital Group recently provided a $1 million factoring facility to a branded and private label women's sweater and knitwear wholesaler. Founded in 2012 and headquartered in New York since inception, the Company's goal is to provide their customers with stylish, well-made, and elegant apparel with good value.

Coral Capital Solutions, a leading provider of financing solutions for small and medium sized enterprises, today announced it has provided a full non-recourse factoring facility to one of the largest not-for-profit home care providers in the Northeastern United States.

Salem Five Bank, a full-service financial services organization with over $8B in assets, today announced that it has provided an Asset-Based Revolving Line of Credit facility to a precision manufacturing company in Massachusetts. This financial package was designed to support sales growth and position the 50+ year-old company for continued success.

Change Capital provided $1.3MM to a national housing company specializing in athlete and team accommodations. The company delivers fully-furnished, short-term housing solutions tailored to the mobility and seasonal needs of professional sports organizations across multiple leagues.

Trinity Capital Inc. (Nasdaq: TRIN) (the "Company"), a leading alternative asset manager, today announced the commitment of growth capital to Kinetic, a leading workers' compensation Managing General Underwriter (MGU).

First Citizens Bank today announced that the Specialty Finance unit of its Asset-Based Lending (ABL) business upsized by $100 million its existing financing for WhiteHawk Fund IV and WhiteHawk Evergreen Fund. The latest financing brings the total facility size to $300 million.

Next Level Aviation® (NLA), a leader in the global distribution of used serviceable materials (USM) for all Boeing and Airbus commercial aircraft and associated jet engine platforms, has secured an increase in its revolving credit facility with PNC Bank for the U.S. based parent company from $50MM to $75MM, as well as an additional $5MM credit facility for Irish subsidiary, Next Level Aviation-Ireland, Ltd (NLAI).

MidCap Business Credit LLC announced today that it has completed a $14,000,000 million asset-based credit facility to Wozniak Industries. The business was established in 1985 and is headquartered in Schaumburg, Illinois . Wozniak manufactures engineered metal products for a variety of industries including agriculture, energy, heavy equipment, aerospace, and defense.

Siena Lending Group LLC (“Siena”), a leading provider of asset-based lending solutions, is pleased to announce the closing of a new senior secured revolving credit facility, in which Siena partnered with Eclipse Business Capital as co-lender and co-documentation agent.

Entrepreneur Growth Capital (“EGC”) is pleased to announce that Ron Pagoto has joined as Senior Vice President. Based in South Florida, Ron will pursue business development nationwide.

Commercial Finance Partners recently closed a comprehensive refinancing package for a multi-location accounting firm roll-up whose prior facility had surpassed its original term with its debt provider.

J D Factors provided $6,625,000 in new factoring facilities to 33 new clients in the US and Canada during the month of November. Some of these facilities include: a $500,000 factoring facility for a transportation company in Florida and a $300,000 factoring facility for a pet toy manufacturing company in Georgia.

Goldberg Kohn is thrilled to announce that tax lawyer Kelly Glynn has joined the firm as a Principal in our Corporate Group. She brings to the firm extensive experience advising U.S., non-U.S., and multinational clients on a wide range of U.S. tax matters and cross-border tax issues. With the addition of Kelly, Goldberg Kohn clients gain a wealth of expertise representing clients in tax controversies and litigation.

Advantage Business Capital today announces a $1MM invoice factoring facility to a growing manufacturer of concentrates and flavors. Advantage’s new client now has additional capital to further invest in their growth and facility expansion.

Online auction closing on December 11 features artificial turf and textile manufacturing equipment and inventory, along with tractors, trucks and rolling stock

NXT Capital announced today that it closed a senior credit facility in support of Align Capital Partners’ acquisition of Advantage Investigations. NXT Capital acted as Sole Lead Arranger, Sole Bookrunner, and Administrative Agent on this transaction.