TSL Express Daily Articles & News

Abacus Finance Group, LLC – a leading provider of cash flow-based, classic senior debt for sponsor-led buyouts of lower middle-market companies – today announced that it served as Senior Secured Credit Facilities Administrative Agent and Lead Arranger to support the add-on acquisition by Artemis for Maury Microwave of Wireless Telecom Group.

First Business Bank welcomes Luke Joyner to its Asset-Based Lending team as Vice President – Asset-Based Lending. Luke Joyner brings more than 10 years of experience in finance and Asset-Based Lending to First Business Bank. He began his career at CIT Commercial Services where he held roles as a Credit Analyst and Business Development Officer.

Comvest Partners (“Comvest”), an operationally-focused middle-market private investment firm, today announced that private credit investment veteran Lee Landrum has joined the firm as a Partner and Head of Investor Relations.

RBC Capital Markets LLC is serving as lead financial advisor to the Company in connection with the transaction. BofA Securities is also serving as financial advisor to the Company. Wachtell, Lipton, Rosen & Katz is serving as the Company's legal advisor.

Wingspire Capital LLC (“Wingspire”) provided senior secured capital, as part of an agented transaction by TCW Asset Management Company LLC, to Lenny & Larry’s as the better-for-you healthy cookie company refinances debt and grows its business.

SLR Healthcare ABL is pleased to announce that it provided a $4 million asset-based revolving line of credit to a therapy staffing company.

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:

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:

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: $40,000 loan for a US beverage/spirits company – funds for working capital. $200,000 loan for a Canadian Oil and Gas related company – funds for working capital. $250,000 loan for a US pet accessory company – funds for working capital.

Moritt Hock & Hamroff announced today the addition of five attorneys to its New York City office, significantly expanding its real estate practice and further illustrating the firm’s continued growth. Matthew Leeds, William McCracken and David Fitzhenry join as Partners, while Matthew Healey joins as Counsel and Brett Stack joins as an Associate.

Despite an expected loss of momentum in U.S. economic growth over the next few quarters, the U.S. economy is likely to dodge a recession, according to the latest forecast of the American Bankers Association’s Economic Advisory Committee.