TSL Express Daily Articles & News

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.

Gateway Trade Funding, a PO and stretch financing company, is pleased to announce that it has recently completed the following stretch finance transactions: a $130,000 facility for a Canadian commercial shelving displays, furnishings and equipment company and a $65,000 facility for a US family owned and operated logistics company.

Gateway Trade Funding, a PO and stretch financing company, is pleased to announce that it has recently completed the following stretch finance transactions: a $130,000 facility for a Canadian commercial shelving displays, furnishings and equipment company and a $65,000 facility for a US family owned and operated logistics company.