TSL Express Daily Articles & News

Modine Manufacturing Company (NYSE:MOD), a $4.8 billion market cap industrial manufacturer with annual revenues of $2.6 billion, announced Wednesday it has entered into a Sixth Amended and Restated Credit Agreement, replacing its previous credit facility.

A fast-growing luxury apparel company found itself in need of additional working capital to meet large orders from major U.S. retailers. Referred by an existing Gateway client, the company reach out to Gateway Trade Funding for a solution.

Sallyport Commercial Finance is proud to support the launch of a new AI-driven integrated distribution and wholesale business with a $1,000,000 accounts receivable facility.

B. Riley Securities, Inc. ("BRS"), a leading middle market investment bank, is pleased to have acted as sole placement agent for Bit Digital, Inc. (Nasdaq: BTBT) in connection with a registered direct offering, which consisted of 22 million ordinary shares at a purchase price of $3.06 per share, resulting in gross proceeds of $67.3 million.

Piper Sandler Companies (NYSE: PIPR), a leading investment bank, is pleased to announce the addition of Anson Tsai as a managing director to its technology investment banking team. He will be based in the Burlingame office.

Middle market private companies in the Golub Capital Altman Index grew earnings by 5% during the first two months of the second quarter of 2025. Revenue grew 2% during the same period.

Culain Capital Funding, LLC (“Culain Capital”) today announced the closing and funding of a $2,500,000 accounts receivable financing facility for a leading commercial laundry service provider based in New Jersey. The new facility provides critical working capital to help the company take on larger contracts and continue scaling operations across the New York metropolitan area.

MONTICELLOAM, LLC (“MONTICELLOAM”), a specialized multifamily and seniors housing bridge lending platform, announced the closing of $218,300,000 in combined bridge, mezzanine, and working capital financing for 18 skilled nursing facilities across Kentucky.

Rosenthal Capital Group (RCG), the leading private commercial finance firm in the United States, today announced the completion of a $3 million asset-based loan facility for a family-owned e-commerce accelerator operating in the beauty sector.

IMAX Corporation (NYSE: IMAX) today announced it has renewed and expanded its senior secured revolving credit facility, increasing the Company's borrowing capacity from $300 million to $375 million with an uncommitted accordion feature allowing the Company to further expand its borrowing capacity to $515 million or greater.

Aequum Capital is pleased to announce the successful extension of an existing $7.5 million asset-based revolving credit facility for a prominent consumer products company. This transaction underscores Aequum Capital's strategic commitment to providing robust financial solutions that support the operational continuity and growth objectives of its clients amidst evolving market dynamics.

Austin Financial Services, Inc. (AFS) is pleased to announce the closing of a $12 million asset-based lending (ABL) facility comprised of an accounts receivable revolver for a third-party logistics company.

Assembled Brands Capital announced a new credit facility with Campo Grande, a leading premium European meats and seafood brand. This strategic partnership provides flexible capital to accelerate Campo Grande's ongoing wholesale expansion and meet rising demand for its popular subscription boxes, marking a pivotal development in the gourmet food sector.

SLR Business Credit is pleased to announce the closing of a new credit facility for a leading U.S.-based textile manufacturer and one of the few remaining companies committed to producing fabrics entirely in the United States.

Wintrust Financial Corp. (NASDAQ: WTFC) today announced its Wintrust Receivables Finance team provided a $4.5 million accounts receivable line of credit to a West Coast-based third-party logistics firm specializing in flatbed and dry van truckload transportation.

Utica Equipment Finance, a leading provider of equipment-based term loans and leases to companies throughout North America, announced that Shane Butler has joined the firm as Managing Director of Sales. Based in Wilton, Connecticut, he will be responsible for sourcing and developing client and referral relationships throughout the United States.

Coast Funding, a leading provider of alternative financing for small and mid-sized businesses, announced today the successful closing of a senior credit facility with Plains Commerce Bank, a South Dakota-based, FDIC-insured institution with over $1.2 billion in assets. The terms of the transaction were not disclosed.

Directed Capital Resources, LLC (Directed Capital), a national private credit and opportunistic real estate finance firm, has closed $90 million in equity commitments for its eleventh flagship fund and secured more than $265 million in credit capacity from longstanding banking partners.

Paladin Management, a middle-market advisory firm driving value creation through financial, strategic and operational consulting services, is pleased to announce the appointments of David Elkin and Minesh Patel as Managing Directors. Both Houston-based executives will enhance Paladin's national client portfolio with their expertise in restructurings, financial advisory, and operational turnarounds.

JPalmer Collective (JPC), an asset-based lending company committed to funding high-growth, women-led and natural products companies, today announced the appointment of Jack Gindi, Principal at ASG Equities, to the JPC Board of Directors. Gindi will play a critical role in helping to shape JPC’s commercial strategy.