TSL Express Daily Articles & News

Rosenthal & Rosenthal, Inc., the leading private commercial finance firm in the United States, today announced the completion of a $2.5 million combined purchase ordering financing and factoring facility to support an Arizona-based pet food and accessories company.

First Citizens Bank today announced that CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management, LLC, provided a $30 million credit facility to Conexwest, a leading provider of new, used, and refurbished shipping containers.

Entrepreneur Growth Capital (“EGC”) is pleased to announce the closing of a $5 million asset-based facility to a family owned manufacturer of chef-quality kitchen products. Like many in its field, the Company saw unprecedented growth during the pandemic, but when demand fell off, management failed to adjust.

Gateway Trade Funding, a PO and Stretch Financing company, is pleased to announce that we have recently completed the following Stretch Finance transactions: a$1,000,000 facility for an encoder and decoder company; a $25,000 facility for a telecom construction services company.

SG Credit Partners, through its Consumer Products division, is proud to welcome Serenity Kids to its portfolio of exceptional brands. Known for its commitment to healthy, ethically sourced baby food, the company continues to expand its presence nationwide while staying true to its mission. SG’s debt facility will support Serenity Kids’ continued innovation and retail expansion.

CohnReznick LLP (“CohnReznick” or “the Firm”), one of the United States’ leading advisory, assurance, and tax firms, today announced a strategic growth investment from Funds advised by Apax Partners LLP (“Apax”). The transaction marks the first institutional investment in CohnReznick and is expected to help accelerate the Firm’s growth strategy to deliver best-in-class client solutions and create greater career opportunities for employees.

First Business Bank’s Accounts Receivable Financing group announces the funding of a $4 million factoring facility for a software provider. The firm specializes in integrating its proprietary software to robotic systems, transforming standard automation into intelligent warehouse solutions.

Churchill Asset Management LLC, the U.S. private capital investment-specialist of Nuveen, announced the closing of a $750 million middle market collateralized loan obligation (“CLO”), Churchill Middle Market CLO V LLC (“CLO V”), on February 25, 2025. This transaction represents the first CLO that Churchill priced in 2025 and the fifteenth CLO issued by Churchill.

Bo Scott has joined Sunflower Bank as Executive Vice President and Chief Banking Officer. In this role, Bo is based at Sunflower Bank’s headquarters in Dallas and oversees the strategy, management and growth of its middle market efforts in all regional markets.

Getty Images Holdings, Inc. (NYSE: GETY) (“Getty Images”), a preeminent global visual content creator and marketplace, today announced the closing of a comprehensive refinancing of the Borrowers’ existing term loans, which were set to mature on February 19, 2026.

As Surf Internet® celebrates 25 years of pioneering connectivity, the company has raised $175 million in new equity funding and secured an upsized $300 million debt facility, reinforcing its commitment to delivering fiber-optic broadband to underserved communities across the Great Lakes Region.

The new funding will support Aspen Power in expanding across the U.S. One of the financing deals is a $142 million construction-to-term credit facility with MUFG to fund this year’s project pipeline, while Aspen Power also secured a $50 million revolving credit facility with BMO which replaces an earlier arrangement with Lombard Odier Asset Management.

Runway Growth Capital LLC ("Runway"), a leading provider of growth loans to venture and non-venture backed companies seeking an alternative to raising equity, today announced that Greg Greifeld has been promoted to Chief Investment Officer. In his new role, Mr. Greifeld will oversee Runway's investment strategy, deal structuring, and portfolio management as the firm continues its mission of providing flexible financing solutions to high-growth companies.

Fortress Investment Group (“Fortress”) today announced the expansion of its non-sponsor private lending team with the appointment of Eric Hartman and Bill Tefft as Directors in Private Credit Origination.

Corpay, Inc. (NYSE: CPAY), a global S&P 500 corporate payments company today announced that it successfully closed on an amendment to its Term Loan B credit facility that resulted in an increase of $750 million. The transaction is leverage neutral, and the interest rate and maturity remain consistent with the existing credit facility. Initially, the Company will use the proceeds to pay down its revolver balance, resulting in approximately $1.5 billion of undrawn capacity on the revolver.

First Citizens Bank announced today that its Sponsor Finance group provided financing to Proof of the Pudding, a Bruin Capital portfolio company.

SLR Business Credit (SLRBC) is pleased to announce the funding of two new senior secured credit facilities for Southern Transport LLC and Southern Lifting and Hoisting LLC (“Southern Group” or the “Company”). Southern Group provides transportation of specialized heavy equipment through its Southern Transport Company and crane, hauling, storage, and logistics services through its Lifting and Hoisting Company.

Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility and equity co-investment to support the acquisition of Yellow Brick Road Early Childhood Development Center (“Yellow Brick Road”) by Avathon Capital.

Apollo (NYSE: APO) and Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge” or the “Company”) today announced they have entered into a definitive agreement for Apollo to acquire Bridge in an all-stock transaction with an equity value of approximately $1.5 billion.

JPMorgan Chase & Co. is dramatically ramping up its direct-lending effort, setting aside an additional $50 billion to capture a bigger chunk of the fast-growing market. The bank is making the fresh commitment after deploying more than $10 billion from its balance sheet across over 100 private credit deals since 2021, according to Troy Rohrbaugh, co-head of JPMorgan’s commercial and investment bank, and global head of capital markets Kevin Foley.