TSL Express Daily Articles & News

More than 70 gas compressor packages, downhole and fishing tools, and other oilfield and heavy equipment assets are available in an online auction that closes on July 30th.

First Business Bank’s Accounts Receivable Financing group announces the funding of a $3 million factoring facility for an eco-friendly bottled water company. The packaging and bottling are designed to minimize detrimental effects to the environment.

Assembled Brands Capital is pleased to announce the appointment of Ann Parker as Senior Credit Risk Associate. In her new capacity, Ann will play a crucial role in enhancing the company's credit risk assessment strategies and supporting its expansion within the CPG sector.

Rosenthal & Rosenthal, Inc., the leading factoring, asset-based lending, purchase order financing and inventory financing firm in the United States, today announced the recent completion of three asset-based lending transactions totaling $19.5 million.

nFusion Capital Finance, LLC, a leading commercial finance company to entrepreneurs, today announced that it has closed and funded a line of credit agented by Synovus Bank, through its Specialty Finance Division, for $75 million. This new facility will allow nFusion Capital to continue its exponential growth.

Franklin Capital is very pleased to announce that Emily Reeves has joined the company as Vice President of Sales. In this role, Emily will be responsible for growing Franklin’s sales team and driving the growth of the company's sales efforts.

Business Development Resources, Inc. ("BDR" or the "Company"), a leading business coaching and training organization to field services contractors and distributors, announced today its partnership with Southfield Capital, a premier lower middle market private equity firm.

Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), an innovative analytics service provider, owner and operator of the Cubeler® Business Hub, today announced that it has secured a credit facility of up to $5,000,000 from Petiana Capital Inc. ("PCI"), and has terminated its ongoing private placement of units of convertible debentures and warrants whereby the Company was looking to raise an additional $5,000,000 (the "Financing").

Starco Brands (STCB), which has five brands under one company umbrella, has been actively expanding its offerings by inventing and acquiring behavior-changing brands and technologies, including Soylent Nutrition, Skylar Body, Art of Sport, Whipshots, and Winona.

Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced that it has provided $25 million of liquidity through a senior secured credit facility to Phillips Pet Food & Supplies (“Phillips”).

Solifi, a global fintech software partner for secured finance, announced that Canadian Kawasaki Motors Finance Corporation (CKMFC) has successfully migrated its Canadian operations to Solifi Wholesale Finance, expanding its usage across North America.

Moritt Hock & Hamroff announced today that Leslie Berkoff and Theresa Driscoll, Partners of the firm, have been recognized by Lawdragon as 500 Leading U.S. Bankruptcy & Restructuring Lawyers for 2024. The annual Lawdragon 500 Leading Lawyers in America is the most elite distinction in the profession, covering the best of the best in all practice areas.

Gridiron Capital, LLC (“Gridiron Capital” or “Gridiron”), an investment firm focused on partnering with founders, entrepreneurs, and management teams, successfully closed its fifth partnership under the GarageCo Holdings, LLC (“GarageCo” or the “Company”) platform, with Quality Overhead Door (“QOD”). QOD, based in Toledo, Ohio, is a family-owned and operated provider of repair and replacement services for residential and commercial garage doors.

Stonebriar Commercial Finance (“Stonebriar”) today announced the closing of an incremental $25MM secured term loan to a major regional lumber company. The loan is secured by all production equipment and other assets such as rolling stock, real estate and timber tracts.

DataCore Software, an industry leader in the data infrastructure and management space, has achieved a significant milestone by raising US$60 million in a financing round led by Vistara Growth, a provider of flexible growth capital to innovative technology companies.

Mr. Caro represents a wide range of clients, including private equity firms and their portfolio companies, public and private companies, family offices, private wealth funds, and other issuers and investors.

Dot Energy®, a leading developer of community-scale clean energy projects, today announced the closing of a new $25 million revolving credit debt facility provided by NY Green Bank (NYGB), a division of the New York State Energy Research and Development Authority (NYSERDA).

Litigation Lending Services (LLS), a pioneering force in the litigation funding industry for over 25 years, proudly announces the completion of a strategic $35 million credit facility with a leading Australian based global alternative asset manager. This credit facility further bolsters the Company’s robust financial structure in tandem with its existing fund and balance sheet.

Wingspire Capital agented a $110 million senior secured revolving credit facility to Phillips Pet Food & Supplies. The credit facility was used to refinance existing debt and provide enhanced liquidity as the business continues to grow and expand its brand offering.

- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity Capital" or the "Company"), a leading provider of diversified financial solutions to growth-stage companies, today announced certain highlights for the first half and second quarter of 2024. Trinity funded a record $474 million of investments in the first half of 2024 and originated $289 million of total new commitments in the second quarter,