TSL Express Daily Articles & News

SSG Capital Advisors, LLC (“SSG”) served as the investment banker to the Chapter 7 Trustee of ContraFect Corporation (“ContraFect” or the “Company”), in the sale of substantially all intellectual property assets to Aurobac Therapeutics SAS.

The Hedaya Capital Group provided a $5 million factoring and purchase order financing facility to a New York City-based clothing designer and manufacturer which offers a collection of brands.

Encina Lender Finance, LLC announced today that it has closed a $30 million senior credit facility for a small-ticket equipment finance platform.

KeyBank has promoted Tatia Gagnon to senior vice president, senior commercial loan workout relationship management, within the bank's specialized finance group, and has appointed Graham Duck as senior relationship manager for Maine and New Hampshire.

National law firm Frost Brown Todd (FBT) announced that it has opened a new office in Denver, the latest step forward in its strategic, coast-to-coast expansion.

US Capital Global engaged as financial advisor to a Canadian fintech company specializing in ATM and kiosk software development and integration, alongside neobanking solutions.

CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that it has established a new Digital advisory practice.

Mayer Brown acted as Mexican counsel to Victory Park Capital in a $30 million senior secured loan granted to MCN Investments Ltd, the holding company of TuHabi’s business in Mexico.

BHI, the U.S division of Bank Hapoalim and a full-service commercial bank, has appointed Jacob (JJ) Weinstein as Head of CRE and Healthcare.

Zevra Therapeutics, Inc. (NasdaqGS: ZVRA) (Zevra, or the Company), a rare disease therapeutics company, today announced that it has entered into a new credit facility provided by leading biotech investors.

SLR Business Credit (SLRBC) is pleased to announce the funding of a $1,750,000 ABL RLOC for an electronic board assembler and manufacturer.

Flatbay Capital is proud to announce its second closing of April with a $2,700,000 commercial real estate purchase loan to help a Houston-based construction and restoration company acquire land for their new headquarters.

XEN, the cloud-based loan management platform revolutionizing the commercial lending industry, is thrilled to announce the appointment of Zahid Jethani as its new Chief Technology Officer.

The U.S. Small Business Administration has opened a round of low-interest federal loans for small businesses in the region that may have been impacted by the Francis Scott Key Bridge collapse.

Budget retailer 99 Cents Only filed for Chapter 11 bankruptcy protection in Delaware on Sunday, saying that it intended to close all of its 371 stores in the U.S. and sell off its real estate and remaining inventory.

Flatbay Capital is proud to close a commercial real estate purchase loan for a minority women owned trucking company, secured by 10 acres of commercial land to be used as their future headquarters.

J D Factors provided $8,725,000 in new factoring facilities to 30 new clients in the US and Canada during the month of March.

In his new role, Massaroni leads the eastern regional business development team. He will continue to work closely with asset-based lenders, private equity sponsors and corporate management teams in the Southeast to help them understand valuation trends, changing methodologies, industry-specific issues and the underlying value of assets.

Gridiron Capital, LLC (“Gridiron Capital” or “Gridiron”), an investment firm focused on partnering with founders, entrepreneurs, and management teams, is pleased to announce that Kirk Wawrzyniak has been promoted to Vice President.

Chicago Atlantic has deployed a $20 million facility in senior secured financing to Nova Farms, a fully integrated cannabis operator managing a Massachusetts cultivation farm, seven retail brands, and five full-service dispensaries across Massachusetts, Maine, and New Jersey.