TSL Express Daily Articles & News

Top California Lender, a nationwide private lender specializing in commercial real estate financing, announces the successful closing of a $6 million loan supporting the acquisition and repositioning of a 92-unit senior living community in Scottsdale, Arizona, within the rapidly growing Phoenix metropolitan area.

The American Bankers Association’s Economic Advisory Committee expects the U.S. economy to continue expanding through the remainder of 2026 and into 2027. The committee's latest forecast also expects inflation to remain above the Federal Reserve’s 2% target due in part to geopolitical events, including trade policy and the ongoing military action in the Middle East.

B. Riley Securities, Inc., a leading full-service investment bank, served as exclusive financial advisor to Silent House, an award-winning production studio and creative agency, in its acquisition by TAIT, a pioneer in concert staging and global leader of live experiences.

Sound Point Capital Management, LP (“Sound Point”), a global alternative credit manager, today announced the final close of Strategic Capital Fund III (“SCF III” or the “Fund”) with $1.5 billion in total capital commitments, reaching the Fund’s hard cap after being substantially oversubscribed.

Attain Finance (“Attain” or the “Company”), a leading consumer finance company, today announced it entered into a new C$250 million credit facility that will refinance its prior Canadian SPV II facility. The new credit facility, LendDirect Trust, Series 2026-2, reflects confidence in our strategic plan to responsibly grow our business over time.

Spellbook, the AI copilot for contracts used by nearly 4,000 law firms and legal teams globally, today announced it has secured $40 million USD in debt financing from RBCx, the technology and innovation banking arm of Royal Bank of Canada (RBC). This strategic capital comes just two months after the company's $50 million USD Series B funding round which valued the company at $350 million post-money and will fuel prospective acquisitions as the legal AI market experiences rapid consolidation.

The Cosine Group, a division of Armory Securities, is pleased to announce that Ocean Crest Advisory, an advisory firm specializing in buy-side and corporate development services, has joined the firm. This addition strengthens The Cosine Group’s ability to serve technology companies, investors and acquirors with a variety of bespoke investment banking and financial advisory services.

King & Spalding announced today that J. Emmett Murphy has rejoined the firm as a partner in the Business Litigation practice group. He is based in the New York office.

In addition to the $50 million in inventory already on sale, Tiger Group, GA Group and SB360 Capital Partners are delivering $22 million in new items to the boutique-inspired stores and outlets. Discounts range from 30 to 60 percent off.

The Hedaya Capital Group recently provided a $350,000 factoring facility to a children’s accessories, toys and activewear company to support a renewed importing focus. The Company sells to specialty beach stores as well as major off-price retailers such as Burlington and TJ Maxx.

First Business Bank's Asset-Based Lending team announces a recently closed and funded $5 million credit facility, with the potential to expand to $24 million, to finance the growth of a healthcare services company in Wisconsin.

Prestige Capital is pleased to announce the appointment of David B. Culotta as Chief Operating Officer. In this role, Culotta will oversee operational strategy, enhance credit and risk management frameworks, and support the firm’s continued growth within the invoice factoring sector. ​

Gordon Brothers, the global asset experts, has been retained by Grocery Outlet to market a portfolio of retail leaseholds and related furniture, fixtures and equipment across California, Idaho, Pennsylvania, New Jersey, Maryland and Ohio.

Salem Five’s Business Credit team has successfully structured a $6 million credit facility for Magnus Texx, LLC, a leading Acton-based manufacturer and distributor of institutional textile and sustainable single-use disposable products. The facility arrives at a pivotal moment as Magnus scales its national footprint to meet the rigorous supply chain demands of Fortune 500 organizations.

J.P. Morgan Asset Management today announced the appointment of Stephanie Davis as Head of Private Wealth Alternatives, leading an increased focus on serving financial advisors across the U.S. Stephanie brings three decades of experience, most recently as Co-Head of U.S. Private Wealth Solutions at Hamilton Lane. Based in New York, she will report to Steve Lundquist, Head of U.S. Advisor.

FGI Finance, a division of FGI Worldwide LLC (“FGI”), global leader in commercial finance, has provided a $150 million asset‑based facility to Concordance Healthcare Solutions LLC (“Concordance”), a leading provider of supply chain, logistics, and technology solutions supporting the entire care continuum, from hospitals and health systems, to surgery centers, clinics, and government agencies.

Hilco Global, a diversified financial services company specializing in asset valuation, monetization, advisory and capital solutions, today announced that Ted Tomaras has joined the firm as Chief Operating Officer of its Professional Services Division, effective immediately.

Eclipse Business Capital LLC (“EBC”) announced that it has closed a $30 million asset-based lending credit facility to a provider of aesthetic products in the health & beauty industry. The credit facility is secured by accounts receivable and inventory.

SSG Capital Advisors, LLC (“SSG”) served as the investment banker to Navidea Biopharmaceuticals, Inc. (“Navidea” or the “Company”) in the sale of substantially allassets to Cardinal Health, Inc. (“Cardinal Health”). The sale was effectuated through a Chapter 11 Section 363 process in the U.S. Bankruptcy Court for the District of Delaware. The transaction closed in February 2026.

B. Riley Securities, Inc., a leading full-service investment bank, announced it served as exclusive financial advisor to Canaan Inc. (NASDAQ: CAN) in its acquisition of certain mining assets from Cipher Digital Inc. (NASDAQ: CIFR), formerly Cipher Mining Technologies Inc.