TSL Express Daily Articles & News

J D Factors provided $11,200,000 in new factoring facilities to 44 new clients in the US and Canada during the month of June. Some of these facilities include: a $500,000 factoring facility for a Transportation company in Illinois; a $200,000 factoring facility for a Food Distribution company in Quebec and $400,000 factoring facility for a Transportation company In Illinois.

J D Factors provided $11,200,000 in new factoring facilities to 44 new clients in the US and Canada during the month of June. Some of these facilities include: a $500,000 factoring facility for a Transportation company in Illinois; a $200,000 factoring facility for a Food Distribution company in Quebec and $400,000 factoring facility for a Transportation company In Illinois.

J D Factors provided $11,200,000 in new factoring facilities to 44 new clients in the US and Canada during the month of June. Some of these facilities include: a $500,000 factoring facility for a Transportation company in Illinois; a $200,000 factoring facility for a Food Distribution company in Quebec and $400,000 factoring facility for a Transportation company In Illinois.

Kinderhook Industries LLC (“Kinderhook”) today announced the formation of Rentix Solutions, an infrastructure-focused specialty rental platform created through the merger of JDC (formerly known as Jack Doheny Companies) and Vacuum Truck Rentals (“VTR”) — two complementary leaders serving the water and sewer, electric utility, and environmental markets across the United States.

Allied Market Research has published a new report titled, "𝗣𝘂𝗿𝗰𝗵𝗮𝘀𝗲 𝗢𝗿𝗱𝗲𝗿 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗻𝗴 𝗠𝗮𝗿𝗸𝗲𝘁 by Order Size ($100,000, Above $100,000), Supplier Payment Method (Wire Transfer, Cash Against Document, Letter of Credit), and Application (Manufacturer, Wholesaler, Distributor, Import/Export Companies): Global Opportunity Analysis and Industry Forecast, 2024–2033."

Advantage Business Capital welcomes Todd Waldrip to their growing team. With over 30 years experience in the industry, Waldrip will be focused on asset-based lending and traditional factoring for lines up to $15MM.

Eclipse Business Capital LLC (“EBC”) announced that it has provided a $300 million ABL credit facility to a national oilfield services company. The credit facility, reliant on working capital assets, refinanced the Company’s existing bank debt and provides additional liquidity and flexibility for ongoing working capital needs.

Cornerstone Business Credit is pleased to announce the funding of a $250,000 line of credit to a company in the concrete business. With a building backlog of orders, customers paying in the normal course and tight vendor terms, a fast and flexible line of credit was needed.

CohnReznick, a leading professional services firm, today announced the strategic acquisition of Houston-based Ham, Langston, & Brezina L.L.P. (HL&B), effective July 1, 2026. With three offices in the market, HL&B’s local expertise establishes an important expansion in Texas for CohnReznick and significant growth opportunity for the combined organization.

Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that it has completed the redemption of $400 million aggregate principal amount of the Company’s 11.875% Senior Notes due April 30, 2029 (the “2029 Notes”).

Gulf Development Public Company Limited (“GULF” or the “Company”) has successfully closed its offshore syndicated term loan facility, a US$600 million syndicated term loan facility (the “Facility”), marking a significant milestone in the Company’s funding strategy.

MarineMax, Inc. (NYSE: HZO), the world’s largest recreational boat and yacht retailer, marina operator and superyacht services company, today announced that it has completed the refinancing of its $1.49 billion aggregate senior secured credit facilities.

Prestige Consumer Healthcare Inc. (NYSE:PBH) (“Prestige”) today announced that it has closed the previously announced acquisition of LaCorium Health (“LaCorium”), priced a private offering of $400 million in senior notes, and will report its first quarter fiscal 2027 results on August 6, 2026.

FTI Consulting, Inc. (NYSE: FCN) today announced that it entered into the third amendment and restatement of its senior unsecured credit facility (the “Third A&R Credit Agreement”), increasing the total available revolving credit facility and extending the maturity, while enhancing overall financial flexibility with improved pricing.

Wingspire Capital is pleased to announce it has provided a $45 million revolving credit facility to a global medical device maker that develops, manufactures, and markets a portfolio of spinal surgery products. Proceeds are being used to refinance the previous capital structure. Wingspire Capital provided a more flexible credit facility with greater liquidity to support the company’s continued growth.

Voyager Technologies (NYSE: VOYG) closed a $250 million credit facility led by J.P. Morgan. The upsized facility expands Voyager’s financial flexibility, providing liquidity at scale to support accelerating customer demand across the company’s space, defense and national security portfolio.

ProFrac Holding Corp. (NASDAQ: ACDC) ("ProFrac" or the "Company") today announced that, on July 1, 2026, ProFrac Holdings II, LLC, as borrower (the “ABL Borrower”), the guarantors party thereto and the lenders party thereto entered into a new credit agreement with Eclipse Business Capital LLC (“Eclipse”), as agent, collateral agent, swingline lender, lead arranger and bookrunner, providing for a $300 million asset-based revolving credit facility

Brookdale Senior Living Inc. (NYSE: BKD) ("Brookdale" or "the Company") announced today that the Company recently completed two financing transactions, proactively addressing another portion of its 2027 debt maturities while also expanding and extending its revolving credit agreement.

J D Factors provided $11,200,000 in new factoring facilities to 44 new clients in the US and Canada during the month of June. Some of these facilities include: a $500,000 factoring facility for a Transportation company in Illinois; a $200,000 factoring facility for a Food Distribution company in Quebec and $400,000 factoring facility for a Transportation company In Illinois.

Womble Bond Dickinson (US) LLP today announced that Katherine Smith has joined the firm's Houston office as a partner in the Corporate and Securities Practice Group. Smith advises public companies, boards, and executive teams on the design, negotiation, and disclosure of executive and director compensation, work central to both corporate transactions and securities reporting.