TSL Express Daily Articles & News

J D Factors provided $11,700,000 in new factoring facilities to 23 new clients in the US and Canada during the month of August.

J D Factors provided $11,700,000 in new factoring facilities to 23 new clients in the US and Canada during the month of August.

J D Factors provided $11,700,000 in new factoring facilities to 23 new clients in the US and Canada during the month of August.

J D Factors provided $11,700,000 in new factoring facilities to 23 new clients in the US and Canada during the month of August.

Wintrust Receivables Finance (WRF) is happy to announce the closing of a new $20 million account receivable line of credit for a Great Lakes-based temporary staffing firm (Company). The Company is a preferred staffing agency for some of the nation’s leading employers within the industries of aerospace, automotive, energy, oil and gas, power, and telecommunications.

Rosenthal & Rosenthal, Inc., the leading factoring, asset based lending, purchase order financing, d2c and e-commerce inventory financing firm in the United States, today announced the completion of a recent $25 million recourse factoring deal for a private equity-owned pharmaceutical and healthcare products company.

Culain Capital Funding LLC, a specialty finance firm focusing on responsive and efficient funding solutions for small and medium sized business in the United States announces the completion of two separate $1,500,000 million Accounts Receivable Factoring and Purchase Order Facilities.

Siena Lending Group LLC (“Siena”) is pleased to announce the closing of a $78 million senior secured credit facility with an alcoholic beverage producer and distributor (the “Company”). The loans are being used to provide additional capital to refinance existing debt and support future growth opportunities.

Republic Business Credit recently partnered with an Alabama-based business specializing in aerial maintenance and oversight for utility and energy companies. The company sought to obtain more working capital than its previous bank could accommodate, which Republic was able to provide.

Gateway Trade Funding, a PO and stretch financing company, is pleased to announce that we have recently completed the following stretch finance transactions:

Gateway Trade Funding, a PO and stretch financing company, is pleased to announce that we have recently completed the following stretch finance transactions:

Gateway Trade Funding, a PO and stretch financing company, is pleased to announce that we have recently completed the following stretch finance transactions:

Gateway Trade Funding, a PO and stretch financing company, is pleased to announce that we have recently completed the following stretch finance transactions:

Gateway Trade Funding, a PO and stretch financing company, is pleased to announce that we have recently completed the following stretch finance transactions:

Aequum Capital is pleased to announce it recently closed an increase to bring the total commitment to $9,000,000 for a revolving credit facility to a Midwest based industry-leading, technology-focused independent online pharmacy.

Siena Lending Group LLC ("Siena") is pleased to announce the closing of a $37MM revolving credit facility for Sharper Image. The facility was used to refinance Sharper Image’s existing senior debt and support the Company’s working capital needs. Siena worked closely with ownership and management to craft a creative financing solution that uniquely supports the company during both its high and low seasons.

eCapital Corp. ("eCapital" or "the Company"), a leading finance provider for businesses across North America and the U.K., announced a successful summer surge in deals within its Asset-based Lending (ABL) Group. With a combined aggregate value exceeding $160MM in new facility commitments, these recent transactions underscore eCapital's commitment to fostering expansion and accelerating access to capital for SMBs.

Gridiron Capital, LLC (“Gridiron Capital”), an investment firm focused on partnering with founders, entrepreneurs, and management teams, is pleased to announce that Brynn Jackel has been promoted to Senior Associate.

Oxford Commercial Finance provides a $750,000 accounts receivable purchase facility to a Utah–based wholesaler of computer accessories.