TSL Express Daily Articles & News

Huntington Business Credit announced it closed a $10,000,000 new credit facility with Capital Wholesale Drug Company on January 26, 2024. Proceeds of the facility were used to refinance existing debt and provide ongoing working capital financing.

QuickFi® today announced that it has been selected as “Best Overall LendTech Company” in the 8th annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global FinTech market today.

Michael Doyle, Vice President – Asset-Based Lending at First Business Specialty Finance, LLC, a subsidiary of First Business Bank, announces a recently closed and funded $15,000,000 revolving line of credit to fund the acquisition of a Michigan-based industrial distributor of manufacturing supplies and metalworking products.

Blackstone Credit & Insurance (“BXCI”) and Aligned Data Centers, a leading technology infrastructure company offering innovative, sustainable, and adaptive Scale Data Centers and Build-to-Scale solutions for global hyperscale and enterprise customers, today announced that Blackstone has provided an initial $600 million senior secured credit facility to support the development of Aligned’s newest and largest data center in West Jordan, Utah.

Sumitomo Mitsui Banking Corporation (SMBC) today announced the appointment of Mark Corteil as Chief Risk Officer for the Americas Division.

Grant Thornton LLP, one of America’s largest providers of audit and assurance, tax and advisory services, has welcomed Chris Scarpa to the firm’s Asset Management industry practice in Philadelphia. Scarpa joins Grant Thornton as a Tax principal, and he will use his nearly 30 years of experience to further strengthen the firm’s service offerings within the asset management sector.