TSL Express Daily Articles & News

Second Avenue Capital Partners (“SACP”), a Schottenstein affiliate, along with TCW Private Credit and Sagard Credit, announced the closing of a new term loan and revolving credit facility for True Religion Apparel, Inc. (“True Religion” or the “Company”). SACP served in various roles for the transaction including Sole Arranger, Revolver Agent, Sole Revolver Lender and Term Loan Lender.

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 Lightwave Dental (“Lightwave”) by Lindsay Goldberg, a NY based leading private investment firm.

RelPro integrates another new dataset into its platform, delivering net worth and wealth insights on business executives. The data comes from Windfall, RelPro’s latest data partner.

Hudson Technologies, Inc. (NASDAQ: HDSN) a leading provider of innovative and sustainable refrigerant products and services to the Heating, Ventilation, Air Conditioning, and Refrigeration industry–and one of the nation’s largest refrigerant reclaimers–today announced that the Company has repaid in full the remaining principal balance outstanding under its Credit Agreement with TCW Asset Management Company, LLC (“TCW”).

Legacy Corporate Lending, LLC (“Legacy”), an independent asset-based lending (ABL) company focused on serving the needs of middle market companies across North America, today announced that Terrance McKinney has joined the firm as Executive Vice President of Portfolio Management.

CapitalPlus Financial Services, a distinguished provider of working capital solutions, proudly announces the successful facilitation of $5 million in funding for a leading mechanical contractor based on the West Coast.

FirstBank, one of the nation’s largest privately held banks with a focus on “banking for good,” recently announced several leadership changes. The new appointments result from FirstBank executives either retiring or being elevated to C-level positions.

World Insurance Associates LLC (“World”), one of the fastest-growing insurance brokerages in the U.S., announced today that funds advised by Goldman Sachs Asset Management (“Goldman Sachs”), through its Private Equity and Hybrid Capital teams, have entered into a definitive agreement to make a major investment in the company.

Alantes Corporate Finance specializes in capital raises and strategic advisory for small- to middle-market businesses across the nation. Our team prides itself on our ability to provide unique solutions for all of your business needs. Whether you’re looking to acquire a new company or additional working capital for operations, Alantes is your trusted source for business growth and expansion.

Aurous Financial Services is the first of its kind. Intended to offer the best solution for small and medium-sized commodities importers, Aurous Financial provides short-term bridge financing, on your terms.

SierraConstellation Partners (SCP) is a national interim management and advisory firm serving middle-market companies and their partners and investors that are navigating their way through difficult business challenges. Built on a foundation of core values, our team of former CEOs, COOs, CFOs, private equity investors, and investment bankers, apply their real-world experience, operational mindset, and hands-on approach to deliver effective operational improvements and financial solutions.

The Merchant Opportunities Fund, a Vancouver-based private debt fund focused on investing in specialty finance portfolios, today announced that it has increased its revolving debt facility with the Bank of Montreal ("BMO"). The facility now consists of a $70 million funding commitment with a two-year term along with a $30 million accordion, with a Schedule 1 bank being added to the now syndicated facility.

Tronox Holdings plc (TROX) recently announced the closing of a $350 million incremental term loan under its existing credit agreement, the proceeds of which are likely to be utilized to repay outstanding borrowings under the company's existing revolving credit facilities and increase available liquidity for upcoming capital expenditures.

Prestige Capital is pleased in announcing that Mark J. Simshauser has joined our team as Senior Director – Northeast US responsible for building and driving business development throughout the Northeast region.

Encina Lender Finance, LLC (ELF) announced today the closing of $360MM of funding commitments from nine banks.

A women-owned, Los Angeles-based women’s apparel manufacturing company recently sought funding to meet building demand. They chose Republic Business Credit to support their growth and Republic provided a $1,000,000 traditional factoring facility to double their sales in the first half of 2023.

First Citizens Bank today announced that its Middle Market Banking business has named Tony Hurtado as its relationship manager dedicated to cultivating business in Orange County, California.

Katten announced that 10 of its attorneys have been elevated to partner, approved unanimously by the firm’s Executive Committee, effective September 1.

First Citizens Bank today announced that its CIT Commercial Services subsidiary has completed a $6.5 million credit facility with a California-based home furnishings and apparel importer.

Republic First Bancorp, Inc. (NASDAQ: FRBK) (the “Company”), the holding company for Republic First Bank d/b/a Republic Bank, announced that, as anticipated, on August 11, 2023, The Nasdaq Stock Market LLC (“Nasdaq”) notified the Company that because the Company’s Form 10-Q for the three months ended June 30, 2023 (the “Form 10-Q”) was not timely filed with the Securities and Exchange Commission (the “SEC”).