TSL Express Daily Articles & News

Some of these facilities include: a $1,500,000 factoring facility for a transportation company in Indiana; $1,000,000 factoring facility for a transportation company in British Columbia and $2,000,000 factoring facility for a transportation company in British Columbia.

Rosenthal Capital Group (RCG), the leading private commercial finance firm in the United States, today announced the completion of two separate deals with emerging brands in the beauty and food & beverage sectors. The transactions, totaling $7 million, were closed by RCG’s CPG+ division, which specializes in providing non-dilutive growth capital solutions for leading consumer brands.

Rosenthal Capital Group (RCG), the leading private commercial finance firm in the United States, today announced the completion of two separate deals with emerging brands in the beauty and food & beverage sectors. The transactions, totaling $7 million, were closed by RCG’s CPG+ division, which specializes in providing non-dilutive growth capital solutions for leading consumer brands.

Kleinberg Kaplan announced that Norris Nissim has joined the Firm as a partner in its Private Funds & Investment Management practice. His arrival — along with other recent senior additions — reflects Kleinberg Kaplan’s continued investment in building further depth and sophistication around the evolving needs of its private funds, investment management, and institutional client base.

Cerebro Capital recently announced they had secured over $100mm in debt financings for US middle market companies. The following are some highlights: $18mm senior secured loan for a marketing & advertising company seeking growth capital; a $15mm asset-based line of credit to a US subsidiary in the solar energy space and a $14mm senior secured loan to a services company in the medical/legal segment.

King & Spalding announced today that Jarel Rosser has joined the firm as a partner in its Finance and Restructuring practice group. He is based in the New York office.

Morrison Foerster, a leading global law firm, is pleased to announce the arrival of Jason Lebowitz* as of counsel in the firm’s National Security Group, in Washington, D.C. Lebowitz brings extensive and multifaceted government experience, most recently serving as Senior Counsel in the Office of the Chief Counsel for Industry and Security (OCCIS) at the U.S. Department of Commerce, where he advised on complex export control and national security issues, including Section 232 investigations, the Export Administration Regulations (EAR), and Information and Communications Technology and Services (ICTS) supply chain matters.

Eagle Business Credit, a premier provider of accounts receivable financing and working capital funding solutions, today announced the appointment of Daniel Krasna as National Sales Manager.

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 LongueVue Capital’s investment in Apex Dental Laboratories Group.

A West Coast–based media company has secured a $5,000,000 invoice financing facility from Prestige Capital to support ongoing growth and working capital needs. The company required a flexible solution that could scale alongside its receivables as revenue expanded, allowing it to fund operations without restricting future growth.

Celtic Capital Corporation today announced its most recent new client relationship—a Pacific-based distributor of shrink wrap and other packaging supplies.

GA Valuation & Advisory Services, LLC, a subsidiary of Great American Holdings, LLC ("GA Group"), an industry-leading provider of advisory, valuation, field exam, liquidation, asset-based lending, investment banking, restructuring advisory, and real estate services, and majority-owned by funds managed by Oaktree Capital Management, L.P. ("Oaktree"), today announced the addition of Trent Turner to its Financial Advisory Services division as Director and Mountain West Market Leader.

CIBC (TSX: CM) (NYSE: CM) today announced senior leadership changes to its Group Executive Leadership Team. These changes will position the bank to further leverage its purpose-led and client-focused team and strong North American platform to accelerate execution, building on the bank's strong business performance and clear momentum.

Global law firm Greenberg Traurig, LLP continues to grow its Private Equity Practice with the addition of Abigail X. Xu as a shareholder in the New York office. She joins from Paul, Weiss.

SixCap Healthcare Finance announced today the successful closing of a $10.5 million asset-based lending facility for a Florida-based group of skilled nursing facilities. The financing will provide the new operators with working capital and ongoing liquidity support to the borrower as it assumes ownership of the existing portfolio.

PNC Business Credit has promoted Carlos Elizondo to Western Division Executive, where he will lead all marketing and portfolio activity across the region. Based in Los Angeles, Carlos will oversee continued expansion efforts in key growth markets.

nFusion Capital, a leading provider of financing solutions to small and middle-market businesses, provided a $5 million asset based lending facility to KOIL Energy, a Houston-based specialist in deepwater energy production and distribution equipment and services. The facility strengthens KOIL Energy's liquidity position and supports its international expansion strategy, including the growth of its rental equipment fleet.

Viva Capital Funding (“Viva Capital”), a leading specialty finance company providing customized working capital solutions nationwide, recently structured a $5 million financing facility for a third-generation specialty steel manufacturer following the loss of its existing bank line of credit.

GA Valuation & Advisory Services, LLC, a subsidiary of Great American Holdings, LLC ("GA Group"), an industry-leading provider of advisory, valuation, field exam, liquidation, asset-based lending, investment banking, restructuring advisory, and real estate services, and majority-owned by funds managed by Oaktree Capital Management, L.P. ("Oaktree"), today announced the official launch of its new CFO Advisory Practice.