- News Detail
- Asset-Based Lending & Factoring Surveys
- A&G Real Estate Partners Names Senior Investment Banker Jacob Czarnick as Principal, Business Development and Strategy
- Mitsubishi HC Capital Canada Closes US$62.5 Million Through Private Credit Platform to Accelerate Growth for Four Canadian Businesses
- SFNet New Member Spotlight: Geneva Factors Ltd.
TSL Express Daily Articles & News
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Golub Capital Continues APAC Expansion with Hong Kong Hire
December 1, 2023Golub Capital today announced that Amy Chiang has joined as Managing Director, Greater China and Southeast Asia and will be based in the Firm’s newly-opened Hong Kong office. In her new role, she will be dedicated to building and strengthening relationships with investors in the Greater China and Southeast Asia region.
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Celtic Capital Corporation Provides Accounts Receivable Line of Credit for an Oregon-based Provider of Fully-managed, Cloud-based Services
December 1, 2023Celtic Capital Corporation today announced its most recent new client relationship – an Oregon-based provider of fully-managed, cloud-based services that allow clients to maximize the value of technology while minimizing their risks.
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First Citizens Bank Arranges $75 Million in Financing for Turning Point Brands
November 30, 2023First Citizens Bank today announced that its Asset-Based Lending business, part of the bank’s Commercial Finance group, served as co-collateral agent on $75 million in financing for branded consumer products company Turning Point Brands Inc.
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nFusion Capital Provides $7 Million Factoring Facility for Land & Sea Industries, LLC
November 30, 2023Land & Sea Industries, LLC (L&S) is a full-service heavy metal fabrication and manufacturing solutions company located in Texas. They provide a wide range of services, including commercial construction, high pressure piping, structural fabrication, and more. Their in-depth knowledge of the energy industry enables them to offer added value to clients.
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TD to Appoint Alan MacGibbon as Chair of the Board
November 30, 2023TD Bank Group is pleased to announce the appointment of Alan MacGibbon as Chair of the Board of Directors, effective February 1, 2024. Alan will succeed Brian Levitt, who will also retire from the Board following the Bank's annual meeting of shareholders on April 18, 2024.
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Access Capital Provides Credit Facility to American Management Association
November 30, 2023Since 1923, the American Management Association (AMA) has been transforming the way people think, work and achieve their business goals.
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First Business Bank Funds $4 Million Factoring Facility to IT Consulting Firm
November 30, 2023First Business Bank announces that its Accounts Receivable Financing team recently funded a $4 million factoring facility to a client operating as an IT consulting firm.
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Brown Rudnick Welcomes Tax Lawyer Peter Farrell in Washington
November 30, 2023Brown Rudnick announced today that Peter Farrell has joined its Washington, D.C., office as a partner in the Tax group.
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B. Riley Serves as Sell-Side M&A Advisor to Heart & Vascular Center of Arizona on its sale to Cardiovascular Associates of America
November 30, 2023B. Riley Securities, Inc. ("B. Riley"),a leading middle market investment bank and subsidiary of B. Riley Financial, Inc. (Nasdaq: RILY), is pleased to have served as sell-side M&A advisor to Heart & Vascular Center of Arizona P.C. (“HVCA”), a leading independent cardiovascular physician practice, in connection with its sale to Cardiovascular Associates of America (“CVAUSA”).
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Neptune Wellness Nutraceutical Brand, Biodroga, Announces Accounts Receivable Factoring Facility of Up to $8 Million
November 30, 2023Neptune Wellness Solutions Inc., a consumer-packaged goods company focused on plant-based, sustainable and purpose-driven lifestyle brands, today announced that its nutraceuticals brand subsidiary, Biodroga Nutraceuticals Inc., has entered into an accounts receivable factoring facility and inventory finance rider with Alterna Capital Solutions, LLC.
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H.I.G. Capital Expands Its Capital Formation Team with the Addition of Jenny Nelson, Jennie Park, and Joe Tremblay
November 30, 2023H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $59 billion of equity capital under management, is pleased to announce that Jenny Nelson, Jennie Park, and Joe Tremblay have joined the firm’s Capital Formation Group. Jenny and Joe join as Managing Directors, based in California, and Jennie Park has joined as a Principal, based in New York.
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Cicada Partners and Atlendis Labs Announced Strategic Partnership to Build Private Credit On-Chain
November 30, 2023Cicada Partners, a credit risk management company, and Atlendis Labs, a private credit Fintech, jointly announced a strategic and exclusive partnership to launch short-duration private credit opportunities, with an initial focus on Asset-Backed Lines of Credit.
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B. Riley Launches US-Based Executive Search Practice
November 30, 2023B. Riley Advisory Services, a leading provider of business advisory, appraisal and consulting services and subsidiary of B. Riley Financial (Nasdaq: RILY), is pleased to announce the addition of Alistair Ross as a Senior Vice President, based in California.
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U.S. Regional Banks Factoring Climate Risks into Credit Decisions, Investment Strategies
November 29, 2023The U.S. banking industry, while lagging other developed markets, is continuing to progress in addressing the risks associated with climate change and the transition toward a low-carbon economy.
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Wolters Kluwer named a Great Place to Work by The Secured Lender
November 29, 2023Wolters Kluwer officials point to the company’s work to create an inclusive culture, which is reflected in recognitions such as Wolters Kluwer being named the Netherlands’ top company for gender diversity in the Equileap Gender Equality Global Report & Ranking, 2023 and among the Top 100 companies in the Financial Times’ Diversity Leaders 2023 ranking.
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TD Bank Ranks No. 1 in SBA Lending for 7th Straight Year
November 29, 2023TD Bank, America’s Most Convenient Bank®, announced today that it ranked No. 1 for the seventh consecutive year in total number of approved U.S. Small Business Administration (SBA) loans in its Maine-to-Florida footprint for the SBA's 2023 fiscal year. TD Bank is also the #2 ranked SBA lender nationwide.
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Ares Commercial Finance Provides Credit Facility to Priority Waste
November 29, 2023Ares Commercial Finance announced today that it, along with other Ares Management Credit funds, has provided a senior secured credit facility to Priority Waste (the “Company”), a portfolio company of TRP Capital Partners.
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First Citizens Bank Arranges $99.3 Million for Kayne Anderson Real Estate and Remedy Medical Properties Joint Ventures
November 29, 2023First Citizens Bank today announced that its Healthcare Finance business completed two transactions totaling $99.3 million with joint ventures managed by Kayne Anderson Real Estate and Remedy Medical Properties.
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Newtek Bank, N.A. Hires Chief Operating Officer of Digital Banking Operations
November 29, 2023NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT), today announced that its bank subsidiary, Newtek Bank, N.A., has hired Ms. Jennifer Merritt as Chief Operating Officer of digital banking operations, effective November 27, 2023.
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US Capital Global Appoints Steven J. Barton as Senior VP for New Minneapolis Office
November 29, 2023US Capital Global, a leading global private financial group for the middle market, is excited to announce the appointment of Steven J. Barton as Senior Vice President to lead its newly established office in Minneapolis, Minnesota.
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