TSL Express Daily Articles & News

Gateway Trade Funding closed more than $2.4 million in stretch finance facilities during the first two weeks of June, providing businesses across a wide range of industries with the working capital needed to support growth initiatives, inventory purchases, project funding, vendor payments, and other operational needs.

BRG announced today that Jason Gu, Ph.D., an artificial intelligence (AI) transformation leader with more than 15 years of experience building planetary-scale data and AI ecosystems, has joined the firm as a managing director in its AI & Decision Intelligence practice.

Womble Bond Dickinson (US) LLP today announced that Pang Zhang-Whitaker has joined the firm's New York office as a partner in the Corporate and Securities Practice Group. She will also serve as Chair of the firm's Capital Markets and Securities Practice – Asia Pacific, leading multidisciplinary teams that guide clients with Asia-Pacific connections through corporate, securities, dispute resolution, and estate planning matters in the United States.

Commercial Credit Group Inc. (CCG), a leading independent commercial equipment finance company, today announced that it has successfully completed its latest term asset-backed securitization, CCGR Trust 2026‑1, totaling $517,930,000.

CohnReznick, a leading professional services firm, today announced that Melissa Perkins has joined as a Partner in the firm’s expanding Advisory practice. Based in the Boston area, she joins as a member of the Enterprise Applications team where she will lead the launch of the firm’s Sage Intacct service line.

SFNet has submitted a comment letter to federal banking regulators outlining key concerns with the Basel III capital proposals and their potential impact on asset-based lending. Read the letter here. While the revised proposal includes some positive changes, it continues to fall short in recognizing the risk-mitigating value of nonfinancial collateral—such as receivables, inventory, and equipment—which is fundamental to the ABL model.

MONTICELLOAM, LLC (“MONTICELLOAM”), a specialized seniors housing and multifamily bridge lending platform, along with a firm affiliate, closed a bridge loan for an apartment complex in San Antonio, Texas. The transaction was originated by MONTICELLOAM Senior Managing Director Darryl Myrose.

Tiger Finance has provided a $45 million flexible line of credit to global skincare and beauty brand Glossier, LLC. The revolving credit facility, which closed on June 8, is the latest bespoke financing solution provided by the Tiger Group lending platform, which continues to serve a host of ecommerce businesses, retailers, suppliers and lifestyle consumer brands.

SFNet is saddened to inform our readers about the passing of Michael Sacco, managing director and CPA for CBIZ. Please click here to read the obituary.

Wingspire Capital has provided a $33 million first-out revolver and term loan to a secure end-to-end communications and computing technologies company. The first-out credit facility was part of a larger $89 million facility, which Wingspire Capital agented.

Top California Lender announced today the closing of a $63 million senior secured bridge loan for a value-add multifamily property in Nashville, Tennessee. Top California Lender served as the direct lender on the transaction, which was structured as a first-lien bridge refinance secured by an approximately 500-unit garden-style multifamily community.

SixCap Healthcare Finance announced today the closing of a $3 million asset-based revolving line of credit for a Kansas-based operator of six skilled nursing facilities. The facility provides working capital to support ongoing operations while featuring additional commitment capacity to accommodate future growth initiatives.

LiftHigh Crane & Rigging, LLC ("LiftHigh") announced the successful amendment and expansion of its revolving line of credit facility, increasing total borrowing capacity from $10 million to $20 million. The amended facility was completed with The Huntington National Bank.

Benefit Street Partners L.L.C. (“BSP”), Franklin Templeton’s private credit specialist investment manager with $93 billion in assets under management, (1) today announced that BSP CLO 50, a $500 million new-issue collateralized loan obligation (CLO), closed on May 26, 2026. The transaction was arranged in partnership with Scotiabank.

First Business Bank's Accounts Receivable Financing team announces a recently closed $1,000,000 factoring facility to support the continued growth of a transportation company based in Oklahoma.

MidFirst Bank (“MidFirst”), the largest privately owned bank in the nation, today announced it has entered into a definitive agreement to acquire Dallas Capital Bank. Through this agreement, Dallas Capital Bank clients will benefit from the same trusted relationships and high level of service they know today, enhanced by MidFirst’s additional scale, resources and product capabilities, while employees will join an organization that values their expertise and commitment to client relationships.

Haversine Funding, a trusted capital partner to the specialty finance market, is pleased to announce a series of recent transactions across commercial lender finance. These transactions highlight Haversine's continued commitment to providing flexible capital solutions to factors and commercial lenders through senior credit facilities, junior capital, and participation funding programs.

Haversine Funding, a trusted capital partner to the specialty finance market, is pleased to announce a series of recent transactions across commercial lender finance. These transactions highlight Haversine's continued commitment to providing flexible capital solutions to factors and commercial lenders through senior credit facilities, junior capital, and participation funding programs.

Haversine Funding, a trusted capital partner to the specialty finance market, is pleased to announce a series of recent transactions across commercial lender finance. These transactions highlight Haversine's continued commitment to providing flexible capital solutions to factors and commercial lenders through senior credit facilities, junior capital, and participation funding programs.

Haversine Funding, a trusted capital partner to the specialty finance market, is pleased to announce a series of recent transactions across commercial lender finance. These transactions highlight Haversine's continued commitment to providing flexible capital solutions to factors and commercial lenders through senior credit facilities, junior capital, and participation funding programs.