TSL Express Daily Articles & News

Rosenthal Capital Group (RCG), the leading private commercial finance firm in the United States, and FGI Finance, a leader in the global commercial finance industry, today announced the completion of a financing transaction consisting of a $25 million asset-based facility and a $4 million term loan to support a popular, high-growth luxury womenswear brand.

The Middleby Corporation (NASDAQ: MIDD) today announced that in connection with the previously announced spin-off of its Food Processing business, Midera Food Processing, Inc. (“Midera”) has entered into a five-year, $1.0 billion credit agreement (the “Credit Agreement”) with Bank of America, N.A., as administrative agent, and other financial institutions and lenders, consisting of a $750 million U.S. dollar revolving credit facility and a $250 million multi-currency revolving credit facility.

Applied Digital has increased its secured revolving credit facility to $430 million, giving additional borrowing capacity for the data center developer. The company's wholly owned subsidiary, APLD Intermediate HoldCo LLC, entered into an incremental assumption agreement that amended a credit agreement originally dated May 29.

The newly renamed parent of Saks Fifth Avenue, Exemplar Luxury Group, emerged from Chapter 11, sending a message to landlords and vendors that it wants to compete as a focused, full‑price luxury platform.

Loeb & Loeb is pleased to announce the arrival of Ryan McCaffrey as partner in the New York office. McCaffrey brings more than 20 years of experience in real estate and financial services. He is a trusted advisor to developers, lenders and investors, representing clients in everything from the capitalization and financing of projects to the successful execution of buying, entitling, building, managing, leasing and selling real estate, and restructuring debt secured by real estate.

CohnReznick, a leading professional services firm, today announced that Jenn Chou has joined the firm as a Partner in its Asset Management & Financial Services practice. Based in San Francisco, CA, Chou is an experienced tax executive with nearly two decades of experience in public accounting and asset management. Her practice focuses on serving clients in the venture capital, private equity, and fund-of-funds sectors.

Republic Business Credit announced the funding of a $2 million e-commerce asset-based lending facility for an Amazon third-party seller of consumer goods. The facility includes an accordion loan feature up to $5 million, providing the scalable capital to support the independent merchant’s rapid growth trajectory without diluting shareholders’ equity.

CB&S Bank is honored to be recognized by Forbes on its 2026 Best Banks in Each State list, recognizing the Bank among Alabama's outstanding financial institutions. The recognition reflects CB&S Bank's long-standing commitment to exceptional customer service, financial strength, and community banking excellence.

SouthStar Capital is pleased to announce the closing of an accounts receivable financing facility for a Florida-based commercial printing and embroidery company. With a portfolio of long-standing commercial clients and recurring business on standard net-30 payment terms, the company sought a financing solution that would improve cash flow while eliminating its dependence on higher-cost financing products.

BDC Capital provides innovative financing to New England businesses that might not be able to obtain all the financing needed from conventional lenders. These businesses might have a collateral shortfall, temporary losses, or high leverage. It provides financing for any business purpose by supplementing bank financing.

Shoulder Innovations, Inc. (Shoulder Innovations, or the Company) (NYSE: SI), a commercial-stage medical technology company exclusively focused on transforming the shoulder surgical care market, today announced the closing of two new credit facilities for an aggregate amount of up to $50 million with Stifel Venture Banking.

King & Spalding announced today that leading fund finance lawyer Ron Franklin has joined the firm as a partner in its Finance and Restructuring practice group in New York to be a leader of its global fund finance practice. Franklin arrives at the firm soon after partners Andy Bettwy and Jin Joo, who joined the firm earlier this month and previously practiced with Franklin.

Abacus Finance Group, LLC, a leading provider of cash flow-based senior debt for sponsor-led investments in lower middle market companies, celebrated 15 years in style at the 2026 Abacus Regatta on June 4–5. The two-day event paired a celebratory dinner in the Hotel Viking's Thames Room with an America's Cup 12-Meter Sailing Experience on Newport's waters. Abacus also announced that Toby Nabavian has joined Abacus as an Analyst.

Holland & Knight continues its strategic growth in Boston with the addition from Goodwin of nationally recognized search fund Partner Monica Kwok. The addition of Ms. Kwok follows recent Boston-based arrivals, including Corporate, M&A and Securities Partner David Powers and Partner Katherine Baker, who is leading the Firm's National Gaming Team.

Gordon Brothers, the global asset experts, has provided GALERIA up to €160 million in financing to support the retailer’s ongoing transformation and business realignment. The asset-based facility provides GALERIA with enhanced liquidity and flexibility to execute its comprehensive transformation plan, which focuses on optimizing its store footprint, refining its assortment strategy and improving operational efficiency.

Quasar Capital Partners today announced that Josh Beauvais has joined the company as Portfolio Manager, Vice President, strengthening the firm's growing asset-based lending platform.

SixCap Healthcare Finance announced today the closing of a $2 million asset-based revolving line of credit for a Florida-based skilled nursing facility operator.

HYPERAMS is pleased to announce a live virtual auction event featuring a late-model commercial truck and trailer fleet on behalf of a court-approved receiver. The auction presents fleet operators, owner-operators, and equipment buyers with an opportunity to acquire more than 70 premium, late-model transportation assets in a single event.

JPMorgan Chase & Co. (NYSE: JPM) (“JPMorganChase” or the “Firm”) announced today that Doug Petno and Troy Rohrbaugh, Co-CEOs of the Commercial & Investment Bank (“CIB”), have been named Co-Presidents of the company, effective immediately. In addition to their new roles, Petno will become sole CEO of the CIB, and Rohrbaugh will become CEO of Consumer and Community Banking (“CCB”).

Brightwood Capital Advisors, LLC ("Brightwood"), a private credit firm focused on middle-market companies, today announced that it served as lead lender on a new credit facility for I Love Produce (“ILP”), a portfolio company of Promise Holdings, LLC. The financing will support I Love Produce’s continued growth, including future acquisition opportunities. OFS Capital Management, LLC also participated in the financing.