TSL Express Daily Articles & News

A new survey by Grant Thornton has found that 52% of chief financial officers (CFOs) are optimistic about the US economy, up slightly from 51% last quarter.

First Citizens BancShares, Inc. ("BancShares") (NASDAQ: FCNCA) today announced that Lorie K. Rupp intends to retire as Executive Vice President and Chief Risk Officer, following an exemplary 13-year career at the bank and more than 30 years in the financial services industry. BancShares plans for Tom Eklund, current Treasurer and 20-year First Citizens Bank veteran, to succeed Rupp as Chief Risk Officer.

Chicago Atlantic has closed a $16.5 million senior secured term loan for Ocular Science, an affiliate of OSRX in a transaction where Chicago Atlantic served as sole arranger and administrative agent. Ocular Science and OSRX focus on compounded ophthalmic medications used across surgical vision correction care—pre-operative, intra-operative, and post-operative—as well as ongoing management of myopia and glaucoma.

KORE Capital Corporation, a leading provider of accounts receivable– based working capital financing, announced that in Q4 2025 it extended a $3,000,000 facility to support an entrepreneur whose rapidly expanding subcontract with a major global professional services firm outpaced their available resources.

On January 14, 2026, Block, Inc. entered into an Amended and Restated Revolving Credit Agreement, among Block, the lenders that are party thereto, and Goldman Sachs Bank USA, as administrative agent. The Restated Credit Agreement amends and restates the Revolving Credit Agreement, dated as of May 1, 2020, among Block, the lenders that are party thereto, and Goldman Sachs Bank USA, as Administrative Agent, as amended.

Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNO) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced an amendment to its existing $75,000,000 revolving credit facility agented by Chicago Atlantic Admin, LLC, initially entered into on September 30, 2025.

KKR, a leading global investment firm, today announced the completion of a US$2.5 billion fundraise focused on committing capital to privately originated performing credit investments in Asia Pacific. The fundraise includes US$1.8 billion in KKR Asia Credit Opportunities Fund II (“ACOF II” or the “Fund”) and US$700 million raised from separately managed accounts focused on the same types of investment opportunities.

H.I.G. Capital ("H.I.G." or the "Firm"), a leading global alternative asset management firm with $74 billion of capital under management, today announced the final closing of H.I.G. Europe Capital Partners IV ("Fund IV") with aggregate capital commitments of €1.6 billion.

Eastern Bank is pleased to welcome Jarrad Herzog as a Senior Vice President, Asset-Based Lending Relationship Manager. Mr. Herzog brings more than a decade of experience financing middle market companies through a variety of lending solutions, including Commercial & Industrial and Asset-Based Lending.

Eastern Bank is pleased to announce Owen Security Solutions, Inc. (“Owen Security”) as a new commercial banking customer. Founded in 1973, Owen Security provides comprehensive security alarm, fire protection and smart video monitoring solutions for residential, commercial, industrial, government and small business customers.

In the wake of the arrest of Venezuelan President Nicolás Maduro and the potential for consequential shifts in Venezuela’s oil and gas sector, Haynes Boone has formed a Venezuela Energy and Infrastructure Taskforce, a multidisciplinary and multinational team of seasoned oil and gas, transactional, finance and dispute-resolution lawyers advising global clients on the rapidly evolving legal and commercial landscape.

With a focus on the evolving relationship between different forms of asset-based and supply chain finance, Secured Finance Network (SFNet) will host an event on March 3, 2026, in New York City, convening industry professionals for an afternoon of insight, education, and high-impact networking.

Pathlight Capital LP ("Pathlight" or "Pathlight Capital") today announced that it is serving as the Administrative Agent on a $415 million senior secured credit facility for SelectQuote, Inc. ("SelectQuote," "SLQT" or the "Company"), a distributor of Medicare insurance policies and owner of a rapidly-growing healthcare services platform.

Kikin Financial, the UK-based fintech lending platform for SMEs, today announced it has secured initial funding through Percent's platform, with capacity to access up to $20 million as Kikin scales. The funds will be used to provide flexible credit to some of the UK’s most exciting consumer businesses.

Republic Business Credit announced the start of its 15th anniversary year, underscoring a decade and a half of strategic leadership and growth in partnership with our clients. Founded in 2011 by entrepreneurs for entrepreneurs, the company was built on the belief that direct access to capital should be flexible, transparent, and most importantly, relationship-driven.

Essex Capital Group recently closed a $1.25 million bridge facility in just 3 days for a specialty contract manufacturer that had secured a substantial sales order. The company lacked the liquidity on its balance sheet to purchase the raw materials required to fulfill the order.

First Business Bank's Asset-Based Lending team announces a recently closed and funded $7 million credit facility to refinance existing debt and provide working capital for an established food distributor in Hawaii.

MONTICELLOAM, LLC (“MONTICELLOAM”), a specialized seniors housing and multifamily bridge lending platform, along with firm affiliates, provided $107,000,000 in combined bridge and working capital financing to a four-facility skilled nursing portfolio in Florida.

Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today that it has raised approximately $7.1 billion of capital for its Credit Secondaries strategy, inclusive of the final closing of its inaugural Ares Credit Secondaries Fund (“ACS” or the “Fund”), affiliated vehicles and anticipated leverage.

Saks Global Holdings LLC ("Saks Global" or the "Company"), a leading luxury retail company, today announced a transformative financial transaction. The Company secured a financing commitment of approximately $1.75 billion, comprising $1.5 billion from an ad hoc group of the Company's senior secured bondholders (the "Ad Hoc Group") and approximately $240 million of incremental liquidity from the Company's asset-based lenders.