TSL Express Daily Articles & News

SFNet Secured Finance Certified Professional (SFCP) program, offered to employees of SFNet members, features a robust curriculum of live online courses. Certification criteria are designed to reinforce industry excellence, elevate professional standing, and propel careers forward. Here, we spotlight one of our first SFCPs, Paola Socci, associate portfolio manager, Siena Lending.

GoPro, Inc. (NASDAQ: GPRO) announced it entered into a second lien credit agreement (the "Second Lien Credit Agreement") providing for a secured term loan in an aggregate principal amount of $50 million from Farallon Capital Management, L.L.C., and certain of its affiliates ("Farallon").

Turtle Beach Corporation (Nasdaq: TBCH, the “Company”), a leading gaming accessories brand, today announced it has completed a comprehensive refinancing of its credit facilities, strengthening the Company’s capital structure and enhancing financial flexibility.

Maxim Commercial Capital (“Maxim”) announced strong results financing used equipment purchases during the second quarter of 2025, despite price volatility and economic uncertainty caused by looming tariffs. Maxim is a national provider of loans and leases from $10,000 to $3 million collateralized by class 6 and 8 trucks, trailers, construction and agricultural heavy equipment, and real estate.

Iron Horse Credit is pleased to announce the appointment of Joshua D. Beauvais as Senior Vice President. Mr. Beauvais brings more than 15 years of portfolio and credit experience in the commercial finance industry.

Utica is pleased to announce the closing of a $3,000,000 Capital Lease for a Southeast-based pharmaceutical manufacturer specializing in Transdermal Delivery Systems (TDS) and Oral Dissolvable Films (ODF). Secured by manufacturing and analytical equipment, the lease marks the second schedule of funding provided to this customer.

Utica Equipment Finance, a leading provider of equipment-based term loans and leases to companies throughout North America, is pleased to announce that Mathew Hennings has joined the firm as Managing Director of Sales. In this role, he will be responsible for sourcing and developing client and referral relationships across the United States.

Regulatory enforcement actions against financial services firms experienced an unprecedented decline in the first half of 2025, with violation volumes plummeting 37% compared to the previous six months, according to new data from Wolters Kluwer Financial & Corporate Compliance's Regulatory Violations Intelligence Index.

Republic Bank & Trust Company ("Republic" or the “Bank") is proud to introduce two new members to the corporate leadership team. Promoted from within, Christy Ames now serves as Executive Vice President (EVP), Chief Legal Officer & General Counsel, and Scott Nardi takes on the role of Senior Vice President (SVP), Chief Risk & Compliance Officer.

PGIM today announced the final close of PGIM Senior Loan Opportunities II, L.P. (“PSLO II”), the second commingled private credit fund available to unaffiliated investors in its middle market direct lending series. PSLO II closed with over $4.2 billion in available capital commitments, making it one of the largest middle market direct lending private credit fundraises year to date,1 and reflecting strong support from a global base of institutional investors.

Eldridge Diversified Credit, the private, liquid, and asset-based credit investment strategy of Eldridge Capital Management (“Eldridge”), has announced the renewal and upsizing of its Shreveport, LA terminal lease facility with Calumet, Inc. (NASDAQ: CLMT) (“Calumet” or the “Company”).

Gateway Trade Funding, a PO and Stretch Financing company, is pleased to announce that we have recently completed the following stretch finance transactions: A $110,000 facility for a Canadian skin care company; a $150,000 facility for a Canadian meat farm and processor; a $25,000 facility for a Canadian automotive products company and a $42,000 facility for a trucking company.

Truist Financial Corporation (NYSE: TFC) today announced new leadership for its commercial banking team in Florida and the addition of six new Truist Wealth advisors.

Portage Point Partners, LLC (Portage Point), a blue chip advisory, consulting, interim management, investment banking and financial services firm focused on the middle market, is proud to announce the launch of its Valuations practice and welcomes Jeremy Glass as Managing Director.​

TAB Bank funded growth for 218 companies in Q2 2025 with loans totaling $66 million. Companies signed with TAB Bank for working capital, cash flow management through factoring, equipment purchases and small business lines of credit. Businesses in the manufacturing, transportation, healthcare, food, fintech and toy/game industries selected TAB Bank as their financial partner.

On July 29, 2025, FormFactor, Inc. entered into a Revolving Credit Agreement with Wells Fargo Bank, establishing a $150 million credit facility to support working capital and general corporate purposes.

Eastern Bank is pleased to welcome Denise LeMay as Senior Vice President, Head of Foreign Exchange and Derivative Sales, Commercial Banking. Ms. LeMay brings over 25 years of experience advising commercial clients on interest rate risk management and structuring complex financial solutions through derivative products.

Garnet Capital Advisors, a nationally recognized loan sale advisor, is proud to announce two successfully closed consumer loan sales totaling $35 million in UPB. The loans were sold on behalf of Huron Trustee Group, a leading consulting firm in North America, following the bankruptcy of the originator and initial servicers.

Wells Fargo & Company (NYSE: WFC) today announced that the Board of Directors of Wells Fargo intends to appoint Charlie Scharf, Chief Executive Officer, Wells Fargo, as Chairman of the Board. When Mr. Scharf becomes Chairman, the Board intends to appoint a Lead Independent Director to support the Board’s continued independent oversight.

Information Services Corporation (TSX:ISC) (“ISC” or the “Company”) announced today that it has extended the Company’s secured syndicated credit facility (the "Credit Facility") by entering into a third amendment to the amended and restated credit agreement with its syndicate of lenders.