TSL Express Daily Articles & News

Nexus Energy Partners announced the closing of an amended and restated senior secured credit facility with UMB Bank, totaling $100 million, with an initial borrowing base of $45 million. The expanded facility builds on Nexus Energy Partners’ long-standing relationship with UMB Bank and provides extra capital to support the company’s ongoing growth.

Varex Imaging Corporation today announced it has entered into a Credit and Guaranty Agreement, dated as of March 13, 2026, which includes a secured term loan facility in aggregate principal amount of $350 million, a secured revolving credit facility in aggregate principal amount of $100 million and a secured delayed draw term loan facility in aggregate principal amount of $40 million (collectively, the “Credit Facility”), providing for aggregate commitments of $490 million and maturing on March 13, 2031.

Benefit Street Partners L.L.C. (“BSP”) today announced the closing of BSPDF 2026-FL3 (“FL3”), a $1.1 billion managed Commercial Real Estate Collateralized Loan Obligation. FL3 features a 30-month reinvestment period and was structured with a 180-day ramp-up acquisition period. FL3 has an initial advance rate of 88.625% and a weighted average interest cost of 1M CME Term SOFR+1.68% before accounting for transaction costs.

Renasant Business Credit announced it closed a $25 million senior secured asset-based revolving credit facility for a non-bank commercial finance company in the lender finance industry and a upsized a senior secured asset-based revolving line of credit commitment from $50 million to $60 million for a provider of capital solutions for lenders.

Renasant Business Credit announced it closed a $25 million senior secured asset-based revolving credit facility for a non-bank commercial finance company in the lender finance industry and a upsized a senior secured asset-based revolving line of credit commitment from $50 million to $60 million for a provider of capital solutions for lenders.

Treville Capital Group has expanded its credit facility to Nitra, Inc. (“Nitra”) - an AI-Native platform for healthcare Practices - to $95 million, adding Encina Lender Finance as a co-lender in the facility.

Occidental Studios has chosen Tiger Group to auction more than 900 lots of lighting, power and rigging audiovisual gear. The timed, online auction at SoldTiger.com opens on Tuesday, March 17, at 10:30 a.m. (PT) and closes on Tuesday, March 24, at 10:30 a.m. (PT).

Gateway Trade Funding is pleased to announce the promotions of Malvin Tang and Sam Abboud, reflecting the company’s continued growth and commitment to delivering responsive, expert financing solutions to its clients and referral partners

Honigman LLP announced today that Franklin (Frankie) Gregg and Marjorie Mygrants have joined as partners in the firm’s nationally recognized Private Equity Practice within its Corporate Department. Based in Chicago, Gregg joins Honigman from Kirkland & Ellis and Mygrants from Ropes & Gray.

Quickpay Funding, LLC (“Quickpay”) has established a $1,000,000 accounts receivable factoring facility for a mechanical services company specializing in the maintenance and optimization of complex manufacturing machinery. The facility delivers critical working capital to support the company’s specialized technical operations and growing service reach.

Capital Southwest Corporation (Nasdaq: CSWC) and Trinity Capital Inc. (Nasdaq: TRIN), two leading internally managed business development companies, today announced that they have formed a joint venture that will invest primarily in first-out senior secured debt opportunities in the lower middle market.

American Public Education, Inc. (the "Company") (Nasdaq: APEI), a company that transforms lives, advances careers, and improves communities by providing online and campus-based postsecondary education to approximately 109,000 students, today announced that it has completed a comprehensive refinancing and entered into a new five-year, $130.0 million senior secured credit facility consisting of a $90.0 million senior secured term loan and a $40.0 million senior secured revolving credit facility (the "New Facility")

Abacus Finance Group, LLC – a leading provider of cash flow-based, senior debt for sponsor-led investments in lower middle-market companies – today announced that it served as senior secured credit facilities ​administrative agent and lead arranger in a senior debt financing to support WestView Capital Partners growth equity investment in Benefits All In.

Gateway Trade Funding, a leading provider of purchase order and stretch financing solutions, announced the successful completion of a record 39 stretch finance deals totaling $15,000,000 in just 45 days to companies across the United States and Canada.

Commercial Finance Partners (“CFP”), a debt advisory and direct lending platform, announced the closing of a $4,500,000 multi-tranche financing for a Southeast-based steel and tube manufacturer and distributor. The transaction included a $4,000,000 asset-based revolving line of credit and $500,000 in mezzanine financing.

JPalmer Collective (JPC), an asset-based lending firm dedicated to supporting high-growth, game-changing consumer brands, today announced the closing of a $3.5 million working capital facility for XSET, the world's fastest-growing pop-gaming media and lifestyle brand built for the next generation.

Cambridge Wilkinson, an investment bank specializing in capital solutions for specialty finance companies, is pleased to announce the successful closing of a $100 million credit facility upsizing for a growing specialty finance platform.

Western Alliance Bank (NYSE: WAL) today announced the launch of its specialized Healthcare commercial banking team, led by industry executive Jennifer Hwang.

GA Group, an industry-leading provider of advisory, valuation, field exam, liquidation, and real estate services, and majority-owned by funds managed by Oaktree Capital Management, L.P. ("Oaktree"), today announced the addition of Craig S. Miller as senior advisor, specializing in the restaurant real estate sector.

Solifi, a global provider of secured finance software solutions, today announced the appointment of Kevin Smith as Chief Legal Officer (CLO). In this role, Kevin will manage global legal strategy, corporate governance, regulatory compliance and risk management.