TSL Express Daily Articles & News

SG Credit Profile: SaaS. The Company: Provider of procurement and spend management software to mid-market businesses.

AFC Gamma, Inc. (NASDAQ:AFCG) (“AFC”) today announced it has provided a credit facility of $19.75 million to DMA Holdings MA, LLC (“DMA”), a single-state Massachusetts operator. The credit facility is designed to provide DMA with the capital necessary to purchase and expand its Tier 6 cultivation license, as well as complete the buildout of its processing facility and dispensary in Dudley, Massachusetts.

Capital One announced today it served as lead arranger and administrative agent for a $600 million revolving line of credit for Addus HomeCare.

Founded in 1975 by Mr. Jeff Pink, Orly International, Inc. is a manufacturer of branded professional nail salon and personal care products sold via nail salons, DTC and mass merchants throughout the world.

White Oak Global Advisors ("White Oak") is pleased to welcome Jon Patty as a Managing Director and a Partner based in the San Francisco office. Mr. Patty will lead White Oak’s ESG and impact investing business including developing new investment opportunities, working closely with partners and borrowers, and creating new sustainable investment strategies.

Today Flexible Funding, LLC, a leader in the factoring and asset-based lending industry, announced the move of its headquarters from San Francisco to Fort Worth, TX. Flexible Funding's Forth Worth office is located in the up-and-coming area of Clearfork, at 5600 Clearfork Main St, only 5 miles from downtown.

Intelsat S.A. (OTC: INTEQ), operator of the world’s largest and most advanced integrated satellite and terrestrial network, today announced that it has achieved the support of key creditor groups across the capital structure on the terms of a comprehensive financial restructuring that would reduce the Company’s debt by more than half – from nearly $15 billion to $7 billion – and position the Company for long-term success.

International financial services firm Hilco Global, the world's preeminent authority on asset valuation, monetization, advisory, and capital solutions, today announced that they have donated over $1,200,000 worth of new athletic apparel to The Salvation Army in Chicago, New Jersey, Boston, Philadelphia, and the Alexandria Redevelopment Housing Authority in Alexandria, Virginia.

Choate represented Pathlight Capital as agent in its $50MM senior secured term loan facility (“the Term Loan”) to My Alarm Center, LLC, and certain of its affiliates.

NuBridge Commercial Lending, a national commercial real estate bridge lender, entered a $73.5 million 36-month revolving credit facility with a syndicate of banks, with Cadence Business Finance serving as agent.

A Canadian-based apparel company focusing on sportswear and outerwear experiencing growth needed financing assistance.

CIT Group Inc. today announced that its Real Estate Finance business served as sole lead arranger on a $26 million loan for the acquisition of a three-building portfolio of industrial buildings in West Palm Beach, Florida.

Citizens announced today that it served as Sole Lead Arranger for Brockton, Mass.-based W.B. Mason’s new $325 million senior secured credit facilities.

Evolve Transition Infrastructure LP (“Evolve”) (NYSE American: SNMP) today announced it has executed the previously announced amendment to its credit agreement with the Royal Bank of Canada (“RBC”).

Century Park Capital Partners (“Century Park”) is pleased to announce that it has completed the sale of Covercraft Industries (“Covercraft”) to Audax Private Equity.

Stonebriar Commercial Finance (“Stonebriar” or “the Company”), a leading large-ticket independent commercial finance company, announced today that it has issued and sold $227,000,000 of Series A 7.50% Fixed-Rate Reset Cumulative Preferred Shares (“Preferred Shares”) in a private offering.

Aleafia Health Inc. (TSX: AH, OTCQX: ALEAF) (“Aleafia Health” or the “Company”), a leader in cannabis wellness products and services, is pleased to announce the closing of a $10 million senior secured term (non-revolving) credit facility (the “Credit Facility”).

New facilities have a scheduled maturity in August 2026 compared to prior scheduled maturity of December 2023

The Company was experiencing rapid growth and wanted to secure a non-dilutive credit facility to refinance their incumbent lender for more flexibility and availability, help finance working capital, and to reinvest in recently acquired properties.

Oak Valley Community Bank, a wholly owned subsidiary of Oak Valley Bancorp (NASDAQ: OVLY), announced that Mona Dmitrenko joined the bank as Vice President, Commercial Loan Officer. She is currently based out of the Sacramento Capitol Mall Branch.