- Baker Garrington Provides $250,000 Factoring Facility for Transportation Company
- TSL Express Daily Articles & News
- Womble Bond Dickinson Adds 36-Person National Consumer Financial Services Team
- TSL Subscriber Only Content
- Saks Global Secures $1.75 Billion of Committed Capital and Announces Return of Industry Veterans to Advance Transformation of Iconic Luxury Portfolio
TSL Express Daily Articles & News
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Loeb Provides $2 Million Loan to Massachusetts Forestry Company
September 3, 2024Loeb is happy to announce the fast funding of a $2 million loan to a client in the forestry industry based in Massachusetts. The loan will enable the company to acquire two additional companies and pay off outstanding debt, ensuring continued growth and operational efficiency.
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Celtic Capital Corporation Announces New Client Relationship
September 3, 2024Celtic Capital Corporation today announced its most recent new client relationship – a tree and other vegetation services company for both commercial and residential use.
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Making Moves in Hawaii - Logistics Business Secures $1.25M
September 3, 2024Sallyport Commercial Finance is thrilled to announce the successful funding of $1,250,000 in Accounts Receivable (AR) financing for a transportation and logistics company based in Hawaii.
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CapitalPlus Financial Helps Alabama-Based Concrete Contractor Secure Working Capital for Expanded Growth
September 3, 2024CapitalPlus Financial Services, a leading provider of factoring solutions to the construction industry, has successfully assisted a concrete and rebar contractor based in Alabama with a $460,000 facility to support their working capital needs
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Holland & Knight Continues Growth of Financial Services Team with Addition of Paul Libretta in New York
September 3, 2024Holland & Knight has strengthened its Financial Services Team with the addition of Paul Libretta as a partner in New York. Mr. Libretta represents issuers, investors, borrowers, lenders, sellers, buyers, hedge funds, private credit funds and other financial institutions in connection with structured finance, securitizations and asset-backed lending transactions. He was previously of counsel at Winston & Strawn.
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First Citizens Bank Arranges Credit Facility Upsize for SG Credit Partners’ ABL Verticals
September 3, 2024First Citizens Bank today announced that its Asset-Based Lending business served as lead arranger in upsizing the credit facility for SG Credit Partners’ asset-based lending verticals comprised of SG Consumer Products and SG Commercial Finance, which focus on sponsor-backed CPG companies and the general lower middle market, respectively.
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Briar Capital Real Estate Fund provides $2.3MM Commercial Real Estate loan to a Tennis and Aquatic Recreational Facility
September 3, 2024Briar Capital Real Estate Fund (www.BriarCapital.com) is pleased to announce the closing of a new $2.3MM commercial real estate loan in Georgia to a Tennis and Aquatic Recreational Facility. The transaction was a refinance of a 6-year-old seller note where the seller desired to exit the debt to focus on other opportunities.
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Zeta Announces Successful Completion of Debt Refinancing
September 3, 2024Zeta Global (NYSE: ZETA), the AI-Powered Marketing Cloud, today announced that it has successfully closed a $550 million loan facility to refinance its existing debt and lower its credit spreads. This new debt is a combination of $200 million Term Loan A and a $350 million Revolving Credit Facility, which remains undrawn at the time of closing.
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Wingspire Equipment Finance Celebrates Major Milestone: $2 Billion in Funded Volume
August 29, 2024Wingspire Equipment Finance proudly announces a significant company milestone, surpassing $2 billion in funded transactions. This landmark accomplishment underscores the company's rapid growth and dedication to providing exceptional financial solutions for its clients.
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Musim Mas Signs its first Sustainability-Linked Loan with Rabobank and HSBC Bank
August 29, 2024Musim Mas is proud to announce its inaugural Sustainability-Linked Revolving Credit Facility, marking a significant step in its commitment to sustainable business practices.
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Parafin Closes $93M Debt Facility with Jefferies and Trinity Capital Inc.
August 29, 2024Parafin, a leading innovator in embedded finance, announced today that it closed a $93M debt facility with Jefferies and Trinity Capital Inc. Their investment has the potential to increase to $187M. The substantial funding from Jefferies and Trinity, both known for their strategic investments in pioneering technologies, will support Parafin’s ability to offer capital to small businesses. Earlier this year, Parafin secured $125 million from Silicon Valley Bank and Trinity Capital Inc.
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First Business Bank Funds $2 Million Factoring Facility For Facility Services Provider
August 29, 2024First Business Bank's Accounts Receivable Financing group announces the funding of a $2 million factoring facility for a facility services provider. Our new client provides various maintenance services for corporate clientele.
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10 MH&H Lawyers Named Best Lawyers in America® & Best Lawyers Ones to Watch in America® For 2025
August 29, 2024Best Lawyers in America has recognized 10 Moritt Hock & Hamroff lawyers in its 2025 edition. Seven lawyers were included in The Best Lawyers in America® and three lawyers were included in The Best Lawyers: Ones to Watch in America®.
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GameStop Ends $250M Credit Facility, Shifts to Internal Liquidity
August 29, 2024Retail giant GameStop Corp . (NYSE:GME) has terminated its $250 million asset-based revolving credit facility, according to a filing with the Securities and Exchange Commission on Tuesday. The move, effective Monday, marks a significant shift in the company's financial strategy.
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KeyBank Provides $2 Million Loan to C3 Fund for the Advancement of Women and BIPOC Real Estate Investors
August 28, 2024KeyBank Community Development Financial Institutions (CDFI) Lending and Investment Group has provided a $2 million loan to C3's Impact Fund. C3 Fund is a Chicago-based CDFI that provides capital and technical assistance to BIPOC and female real estate investors looking to acquire and rehab one to four unit properties in low and moderate income areas.
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Morgan Stanley Fund Extends Credit Facility Terms
August 28, 2024Morgan Stanley Direct Lending Fund (NYSE:MSDL) announced on Tuesday that it has amended its credit agreement, resulting in an extension of the reinvestment period and the final maturity date, along with a reduction in the applicable margin. This move is expected to enhance the fund's financial flexibility.
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Cahill Represents Lead Arrangers In $975 Million Credit Facility For Quanex’s Acquisition Of Tyman
August 28, 2024Cahill represented the lead arrangers in connection with a $475 million revolving credit facility and a $500 million term A credit facility for Quanex Building Products Corporation.
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SAS Completes U.S. Chapter 11 Restructuring
August 28, 2024SAS Scandinavian Airlines (SK) has successfully emerged from U.S. Chapter 11 bankruptcy proceedings, marking what the company's CEO, Anko van der Werff, describes as a "new era" for the airline.
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Tradewind Finance Provides Credit Facility to Indian Seafood Exporter Specializing in Value-Added Shrimp
August 28, 2024Tradewind Finance, an international trade finance company, has completed a USD 900,000 credit facility for an Indian seafood exporter specializing in frozen shrimp. The facility is providing additional working capital for the company to support their growth in line with increasing demand for their value-added shrimp product, which can come peeled, deveined and cooked.
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CohnReznick Launches Digital Forensics Lab
August 28, 2024CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, has announced that, as part of its expanding cybersecurity and incident response capabilities, it has opened a digital forensic lab facility outside of Washington, DC.
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