TSL Express Daily Articles & News

Heron Power, an American advanced power electronics manufacturer, today announced a $60 million credit facility provided by J.P. Morgan and TriplePoint Capital, and the appointment of Zach Kirkhorn, former Chief Financial Officer of Tesla, to its board of directors.

SFNet is pleased to announce the winners of its IMPACT Awards and the inductees into the 2026 SFNet Hall of Fame. The IMPACT Award recipients embody the core values and achievements that the SFNet community strives to uphold and promote. Hall of Fame Inductees have made significant, lasting contributions to the secured finance industry throughout their careers.

Great American Capital Corporation ("GACC"), a partnership majority owned by GA Group and funds managed by Oaktree, today announced its participation in a new $600 million asset-based lending facility for a leading multi-channel retail and media company (the "Company"), arranged in connection with the Company's successful completion of a financial restructuring process."

First Citizens Bank today announced that its Middle Market Banking business provided $157 million in financing to Morningstar Properties, a leading investor in and operator of self-storage facilities, marinas, and other specialty real estate assets. This financing builds on a multi-year relationship between First Citizens and Morningstar Properties.

Vistina, an investment bank specializing in strategic advisory, structured credit and asset-based financing and a wholly owned subsidiary of Hoplon Capital, today announced that Adrian Smith has joined the firm as a Managing Director focused on structured finance.

CrownGuard Capital LLC today announced the closing of two financing transactions totaling $70 million, comprising a $55 million land-secured facility supporting approximately 1,900 acres in Bakersfield, California, and a $15 million bridge facility for Cumberland Inlet, a mixed-use master-planned development in St. Marys, Georgia.

Churchill Downs Incorporated (Nasdaq: CHDN, “CDI,” “the Company”) announced today that it is launching a proposed $500 million in aggregate principal amount of senior secured Term Loan B due 2033 (“2033 TLB”).

Air Baltic Corporation AS (hereinafter – airBaltic or the company), the national airline of Latvia and leading carrier in the Baltic States, today announces that airBaltic and certain of its subsidiaries have voluntarily initiated proceedings under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Southern District of New York (the “U.S. Court”).

Republic Business Credit has partnered with a leading women-owned branded apparel manufacturer to provide critical financial flexibility ahead of the Company’s next growth cycle. To support upcoming fall shipments driven by strong consumer demand and outperforming sell-through rates, Republic has structured a $15 million factoring facility with an accordion feature of $20 million

XEN, a leading origination and management platform for factors and lenders, today announced a multi-year strategic partnership with OpenRoad Financial, a trucking-exclusive factoring company serving carriers for over 10 years.

PNC Business Credit announced that Matt Grimes has joined as head of Originations for the Pacific Southwest region. Based in Los Angeles, he leads sponsor and advisor coverage across Southern California, Arizona and Southern Nevada and works closely with partners across PNC Bank to drive growth opportunities with direct borrowers.

Vantage, a leading global provider of digital infrastructure, has closed a $2 billion financing facility to support early-stage development across its North American platform. The facility provides another source of committed capital as demand for data centers continues to accelerate, strengthening Vantage’s ability to fund projects and deliver capacity with speed and certainty.

Sallyport Commercial Finance is pleased to announce a $500,000 accounts receivable factoring facility for a growing healthcare staffing company. Referred to Sallyport by a previous client, the company needed additional working capital to bridge the gap between paying healthcare professionals and collecting payments from customers.

Wingspire Capital has provided a secured revolving credit facility to Lifelines, a sensory art engagement company founded by Doug and Melissa Bernstein, the co-founders of Melissa & Doug Toys.

Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack Private announced today its entrance into the yacht financing business, further expanding the Bank’s suite of customized lending solutions for high-net-worth individuals, families and their advisors. As part of the launch, Peapack Private has hired industry veterans, Jim Velez, and Derick Buffum, to lead the new Yacht Financing team.

Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, found that default rates among private credit borrowers with less than $100 million of EBITDA, the bulk of the direct lending market, ran at 3.0% on a size-weighted basis and 3.6% by count in the second quarter of 2026, according to Houlihan Lokey’s Private Credit DataBank.

Neuberger Specialty Finance (“NBSF”) today announced an agreement with several leading aerospace finance professionals to jointly establish and launch New Bridge AeroFinance (“New Bridge Aero”), a new aerospace financing platform that will enable NBSF- managed funds to originate and acquire loans and other debt instruments across the aerospace sector.

First Horizon Bank (NYSE: FHN) (or "First Horizon") is pleased to announce that Jennifer Feske has joined the company as Senior Commercial Portfolio Manager in the New Orleans Market. In her role, Feske will work with the bank's Northshore commercial portfolios, supporting client relationships across the area

Horizon Technology Finance Corporation (NASDAQ: HRZN) (“Horizon”) (the “Company”), an affiliate of Monroe Capital, today announced that the RoHo Capital Opportunity Fund LLC (“RoHo”), a joint venture formed by Horizon and CR Financial Holdings, Inc. (“CRFH”), the holding company for Roth Capital Partners, LLC (“Roth”), has provided a $20 million senior credit facility to NeoVolta, Inc. (NASDAQ: NEOV) (“NeoVolta”) with the ability to increase the facility to $30 million upon mutual agreement.

Hilco Global, a subsidiary of ORIX Corporation USA, announced today that Chris George has joined the company as Executive Director, Global Head of Healthcare for Hilco Global Professional Services.