TSL Express Daily Articles & News

The multi-brand specialty retailer on Friday filed for Chapter 11 bankruptcy, following a continued decline in sales post-pandemic that left it unable to pay back mounting debt.

Accord Financial Corp., one of the U.S. and Canada’s leading independent commercial finance companies ("Accord") (TSX: ACD) announces the closing of a $40MM equipment lease line to a leading pet supply manufacturer and distributor.

Star Mountain Capital, LLC ("Star Mountain"), a specialized investment manager with approximately $3.5 billion in assets under management (committed capital including debt facilities as of 9/30/2023) focused on generating premium returns from the less efficient and labor-intensive market of U.S. private small and medium-sized businesses (the “lower middle-market”), is pleased to announce that Steve DeAngelis has joined as Senior Advisor.

USD Partners LP (NYSE: USDP) (the “Partnership”) announced today that it has entered into an agreement (the “Waiver Extension Agreement”) with the lenders and administrative agent under its existing Credit Agreement to, among other things, extend the forbearance period as provided in the previously announced amendment to the Credit Agreement, dated as of August 8, 2023, from its original expiration date of October 10, 2023 to November 3, 2023 (the “New Expiration Date”).

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.

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.

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.

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.

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.

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.

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.

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.