TSL Express Daily Articles & News

The U.S. economy showed notable resilience in the second quarter in the face of significant uncertainty, according to the national Citizens Business Conditions Index™ (CBCI), released today. The second quarter index reading of 50.2 indicates that business conditions remained modestly positive during the period.

Leading global professional services firm Alvarez & Marsal (A&M) today announced significant expansion within its Health Plans and Managed Care practice. Joining the firm are Managing Directors Michael Epstein and Jim Collier, alongside Senior Directors Brent Hill and Todd Masser, enhancing A&M’s capability to deliver tailored, actionable solutions driving client growth.

Mitsubishi HC Capital America, the leading non-bank, non-captive finance provider in North America, has appointed James Anderson as Executive Vice President and General Counsel and Kristin Knox Esche as Senior Vice President and Deputy General Counsel.

- EVgo Inc. (Nasdaq: EVGO) (“EVgo” or the “Company”), one of the nation’s largest providers of public fast charging infrastructure for electric vehicles (EVs), announced that it has closed on a senior secured, non-recourse credit facility with top tier global project finance banks in the amount of $225 million with optionality to increase the size of the financing by $75 million to fund additional growth (the “Facility”).

Treaty Oak Clean Energy, LLC ("Treaty Oak" or the "Company"), a US independent power producer (“IPP”), today announced the successful close of a $300 million senior secured corporate credit facility (the "Facility"). The Facility will significantly enhance Treaty Oak’s rapidly expanding renewable energy project pipeline, which includes utility-scale solar, wind, and battery energy storage assets (“BESS”).

Upland Software, Inc. (Nasdaq: UPLD) (the “Company” or “Upland Software”), a leader in AI-powered knowledge and content management software, today announced that it has entered into an agreement with private credit direct lender Sound Point Capital to refinance its existing debt with a new $240 million, six-year term loan, extending the maturity of its debt to 2031.

Austin Financial Services, Inc. (AFS), a nationwide leader in asset-based lending, is pleased to announce that Sanat Amladi has joined the AFS team as Senior Credit Officer and Underwriting Manager.

JPalmer Collective (JPC), an asset-based lending company committed to funding high-growth, women-led and natural products companies, today announced the appointment of Adam Razik, President of Archer Meat Snacks, to the JPC Board of Directors. Razik will play a critical role in helping to shape JPC’s commercial strategy, with his 20 years of experience in scaling premium, better-for-you, high-growth companies.

SLIM Capital, a leading nationwide direct finance company specializing in equipment financing and leasing, announced its remarkable growth metrics for the first half of 2025, highlighting record-breaking performance and operational efficiency gains that underscore the company’s strategic evolution.

Rosenthal Capital Group (RCG), the leading private commercial finance firm in the United States, today announced the completion of a $6 million asset-based loan facility for a family-owned and operated frozen specialty seafood company based in Florida.

TD Bank Group ("TD" or the "Bank") (TSX:TD) (NYSE:TD), is pleased to announce the appointment of John B. MacIntyre as Chair of the Board of Directors, effective September 1, 2025. His deep financial expertise and governance experience will support the Board as it continues to prioritize strong oversight and long-term value creation.

Hercules Capital, Inc. (NYSE: HTGC) (“Hercules,” “Hercules Capital” or the “Company”), the largest and leading specialty finance provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that Hercules Adviser LLC (“Hercules Adviser”), its wholly-owned registered investment adviser, completed its first close of a fourth institutional private credit fund, Hercules Growth Lending Fund IV LP (the “Fund” or “Fund IV”).

Gridiron Capital, LLC, an investment firm focused on partnering with founders, entrepreneurs, and management teams, is pleased to announce an investment in Greenix (the “Company”), one of the largest independent pest control companies in the US. Greenix and Gridiron’s collaboration harnesses the team’s combined strengths, merging Gridiron’s residential services expertise with Greenix’s strong track record.

Sprouts Farmers Market, Inc. (Nasdaq: SFM) today announced the closing of a $600 million revolving credit facility (the “Revolving Credit Facility”) under a credit agreement dated as of July 25, 2025. JPMorgan Chase Bank, N.A. acted as administrative agent, issuing bank, and swingline lender.

eCapital Corp. (“eCapital”), a leading technology-enabled provider of financing for small and medium-sized businesses (SMBs) across North America and the U.K., today announced the appointment of Melissa Forman-Barenblit as President, Head of Transportation Group.

KeyBank has unveiled its latest Middle Market Sentiment Report, offering a deep dive into the perspectives of over 750 senior executives from companies with annual revenues between $10 million and $1 billion. The report provides insights into economic trends, company outlooks, and strategic approaches to AI, technology, capital access, and cybersecurity.

TAB Bank has closed $5 million in financing for Package Steel Systems, consisting of a $3.5 million revolving line of credit and a $1.5 million term loan. The funds will help the steel building manufacturer accelerate growth and maintain its position as the premier builder of metal buildings in the Northeast.

Amerisource Business Capital is pleased to announce the closing and funding of a $2,000,000 asset-based lending (ABL) facility for a Georgia-based manufacturer and distributor of wood trusses and wall panels. The proceeds were used to support the company’s continued growth and provide additional working capital for its ongoing operations.

Aegis Business Credit specializes in providing working capital and innovative financial solutions to growing small-medium size companies. It offers asset-based funding and A/R Factoring. Aegis works closely with banks to fund those clients that the bank currently cannot accept for loans.

About $61 billion of US leveraged loans hit the market Monday, the second-most ever according to data compiled by Bloomberg, as junk-rated borrowers continue rushing to lower borrowing costs by repricing existing loans.