TSL Express Daily Articles & News

United Capital Funding Group LLC, a Florida-based factoring firm completed 9 transactions totaling $7.15 million in accounts receivable financing in Q3 of 2023.

Phoenix Management clients benefit from our working alongside J.S. Held experts with deep technical & scientific mastery and a unique understanding of intellectual property & intangible asset corporate value drivers.

Citizens M&A Advisory announced today that it served as financial advisor to VTG, an industry-leading provider of modernization and digital transformation solutions to Defense and Intelligence customers, on its recapitalization by A&M Capital Partners.

Charter Capital is a well-respected factoring company that has decades of industry experience. We are deeply rooted in the local community as well as in the finance and business sectors. Our team adheres to the highest ethical standards, keeps up to date on industry changes, and is dedicated to empowering business owners that might otherwise have limited access to the funding they need to sustain their business. In short, the relationships we’ve built over the years and continue to maintain have allowed us to serve you better.

Womble Bond Dickinson announced today that John Hawk has rejoined the firm as a partner in the Business Litigation Group. Previously with Womble from 2006 to 2021, Hawk is the first partner addition to the Denver office since it was opened last month by leading global energy and natural resources team Scot Anderson and Ana Maria Gutiérrez.

Green Dot Corporation (NYSE: GDOT), a leading digital bank and fintech committed to powering consumers and businesses with seamless and affordable banking and payment tools, today announced the appointment of Michelleta (“Mich”) Razon to its Board of Directors, effective immediately.

olifi, a global fintech software partner for secured finance, announced The Secured Lender named Solifi on its 2023 Great Places to Work list. This recognition is testament to Solifi’s commitment to attract and retain talent by offering an employee value proposition that includes opportunities to learn and grow as part of a dynamic global team, market-competitive compensation and benefits, a flexible work environment and the chance contribute regardless of your role.

Mountain Ridge Capital ("MRC") is pleased to announce the closing of a $25 million senior secured credit facility for a west coast-based leading manufacturer and distributor of action sports products.

Mountain Ridge Capital ("MRC") is pleased to announce the closing of a $30 million senior secured credit facility for a Midwest-based designer and manufacturer of footwear/slippers/hosiery. MRC's facility was used to refinance the debt of a competing nonbank lender and will be used going forward to achieve company growth objectives and manage the ebbs and flows of a seasonal industry.

Pathward Financial, Inc. (Nasdaq: CASH) today announced that Greg Sigrist has been appointed executive vice president (“EVP”), chief financial officer (“CFO”) - designee, beginning Nov. 1, 2023. Immediately after the filing of the Company’s Form 10-K for fiscal year 2023, Mr. Sigrist will transition to EVP, CFO, when he will succeed Glen Herrick, who will remain with the Company to aid in the transition and other projects until his retirement on December 31, 2023.

As announced in June 2022, the current Secretary General, Mr. Peter Mulroy, is set to retire on 29 February 2024. FCI has confirmed that Mr. Neal Harm will be taking over the role. Mr. Harm, originally from the United States, comes to FCI from his previous position at Fintainium, where he held the role of Chief Operating Officer. Prior to that, he was the Managing Director at CIT Commercial Services, where he was in charge of strategy, business development, and project management.

Hilton Grand Vacations Inc. (NYSE:HGV) announces today the successful re-pricing of its existing $1.3 billion Term Loan B, maturing Aug. 2, 2028. The new pricing will be SOFR plus 275 basis points, down from SOFR plus 300 basis points. Additionally, the interest rate floor for the Term Loan B has been lowered from 50 basis points to 0 basis points.

Versana today announced that it has surpassed a key milestone of more than 1,500 syndicated loan facilities and approximately $900 billion in global loan commitments on its transformative, real-time digital data platform in less than a year since its product launch.

As South Florida’s banking landscape sees heightened demand amidst an influx of businesses, residents, and capital, Banesco USA, a community bank with over $3.57 billion in assets, is enhancing its commercial and industrial (“C&I”) and residential lending offerings to provide business owners with a one-stop shop for their corporate and personal financial needs.

Wolters Kluwer’s Corporate Performance and ESG division set to unveil functionality at Finance, Risk & Regulatory Reporting Client Conference in Sitges, Spain.

Willdan Group, Inc. (NASDAQ: WLDN) today announced that on September 29, 2023, the Company completed the refinancing of its credit facilities and entered into a new three-year credit agreement (the “Credit Agreement”) with a syndicate of financial institutions as lenders and BMO Bank, N.A. (“BMO”) as administrative agent.

United Capital Funding Group LLC, a Florida-based factoring firm completed 9 transactions totaling $7.15 million in accounts receivable financing in Q3 of 2023.

Loomis AB has signed an agreement for a syndicated Term Loan facility of EUR 115 million. The facility has a tenor of up to two years.

Monroe Capital LLC announced it acted as administrative agent and joint lead arranger on the funding of a senior credit facility to support the acquisition of ClearCompany Holdings, Inc. (“ClearCompany”) by an affiliate of private equity sponsor, Gemspring Capital Management, LLC (“Gemspring”).

Strong will help TAB further define and implement its strategic vision, identify growth and investment opportunities, and align with fintech partners