TSL Express Daily Articles & News

First Business Bank's Asset-Based Lending team announces the recent closing of a $25 million asset-based credit facility, consisting of a revolving line of credit and real estate term loan, to refinance an established nut processing company in California. The comprehensive financing solution supports the company’s ongoing working capital needs and enhances financial flexibility for continued operations.

CIBC Bank USA Asset Based Lending is pleased to announce the closing of a new Senior Credit Facility to Spartanburg Steel Products, Inc. which was used to refinance existing debt and support the company’s ongoing working capital and growth initiatives. The comprehensive facility includes a Revolving Line of Credit, a Term Loan secured by real estate and an Equipment Acquisition Line—delivering the flexibility and support needed to drive future expansion.

Amerisource Business Capital (“Amerisource”) announced the closing of a new upsized $310 million leverage facility and $100 million accordion, led by Texas Capital as Administrative Agent, with BOK Financial and Huntington Bancshares as Joint Lead Arrangers.

Cornerstone Business Credit has recently approved and funded a $500,000 line of credit for a client in the security system industry. After securing numerous municipal projects, they realized they needed to access new capital to support their growing business. Cornerstone quickly approved and funded a flexible facility to support that exponential growth.

When a Florida-based construction contractor needed to complete a time-sensitive acquisition, Loeb stepped in with the speed and flexibility needed to keep the transaction moving. The client, a commercial and residential contractor specializing in concrete, grading, and excavation services throughout the Tampa Bay region, required financing after another lender stalled the acquisition process.

Restructuring team advises the publicly traded, Irish-incorporated specialty material solutions provider in its prepackaged chapter 11 cases to strengthen its balance sheet and improve its long-term financial health.

Eagle Business Credit is a relationship-focused factoring company dedicated to helping businesses improve cash flow and fuel growth. Founded by industry veterans with decades of experience, Eagle provides flexible working capital solutions paired with responsive, personalized service. The company serves clients across a wide range of industries, taking pride in fast decision-making, transparency, and long-term partnerships.

Dropbox, Inc. today announced entry into a senior secured revolving credit facility with JPMorgan Chase Bank, N.A., as Administrative Agent, Collateral Agent, Joint Lead Arranger and Bookrunner Citizens Bank, N.A., Goldman Sachs Bank USA and RBC Capital Markets, each as Joint Lead Arranger, the Lenders and Issuing Banks party thereto, and the other parties party thereto, providing the Company with up to $400 million in borrowing capacity on the terms and conditions set forth therein.

Camber Credit (Camber), a vertically integrated asset management platform exclusively focused on structured auto credits in the U.S. market, announced the successful closing of its inaugural securitization transaction. The offering, a private 4(a)(2) placement by Camber Credit 2026-1 Auto Trust, issued $82 million in notes backed by a portfolio of prime auto leases purchased from a midwestern regional bank.

White Oak Commercial Finance (“WOCF”), an affiliate of White Oak Global Advisors (“White Oak”), acting as Sole Lead Arranger, announced it has closed a $192MM senior secured credit facility, comprised of a $155MM revolver and a $37MM term loan, for Royal Cup Coffee and Tea (“Royal Cup” or the “Company”), a national provider of end-to-end beverage and equipment solutions.

Siena Lending Group LLC (“Siena”), a leading provider of asset-based lending solutions, is pleased to announce the closing of a new $35 million senior secured credit facility (the “Facility”) for a leading media company (the “Company”). Represented by Guggenheim Securities LLC, the Company will use the Facility to partially finance the buyout of its first lien notes.

CohnReznick, a leading professional services firm, today announced that Alexander Fortner has joined as a Partner in the firm’s Risk Advisory practice. Based in Florida, he will advise organizations on ways to strengthen risk management protocols, reporting, controls, and process transformation using technology-enabled solutions.

PlainsCapital Bank is pleased to announce that Joey Myers has rejoined the Bank as Senior Vice President, Senior Relationship Manager. He is based at the Bank’s location at The Star in Frisco, located at 1 Cowboys Way, Suite 250.

Perkins Coie is pleased to announce Jamie Evans has joined the firm’s Corporate practice as a partner in the firm’s Seattle office. Jamie focuses his practice on corporate and securities law, representing leading technology and life sciences companies across a broad range of corporate legal matters.

Great American Holdings, LLC ("GA Group"), a leading global advisory, valuation, investment banking, asset-based lending, and restructuring firm, majority-owned by funds managed by Oaktree Capital Management, L.P., today announced the launch of its dedicated Transaction Opinions practice. The practice will be led by industry veterans Keith Kushin as Managing Director, Navdeep Singh as Director, and Julian Samuel as Senior Manager.

The global law firm Jones Day announced today that Rhéa Christophilopoulos has joined the Firm in Paris as a partner in the Firm’s Financial Markets Practice. Ms. Christophilopoulos focuses her practice on the full range of financing transactions across the credit spectrum, delivering commercial and pragmatic solutions to complex financing issues.

WhiteHawk Capital Partners, LP ("WhiteHawk"), a private credit investment manager focused on asset-based financing solutions, announced the closing of a US$390 million senior secured financing for The Star Entertainment Group Limited (“The Star” or the “Company”). The financing provides The Star with additional liquidity and refinances certain existing indebtedness.

Elite Business Service, LLC d/b/a EBSC Lending (“EBSC Lending”), a nationwide private real estate lender, announced the closing of a $32 million interest-only construction and refinance facility to Meridian Capital for a planned multifamily conversion project in Fall River, Massachusetts.

Dwight Funding, a modern asset-based lender providing flexible working capital support to scaling consumer brands, is pleased to announce select transactions from Q2, 2026.

Gibraltar Business Capital (GBC) has closed a $12.5M senior secured revolving credit facility for Sharebite, Inc., the leading enterprise meal benefits platform headquartered in New York, NY. The new facility refinances Sharebite’s existing credit facility and provides additional working capital flexibility to support the company’s continued growth, technology investments, and innovation initiatives.