TSL Express Daily Articles & News

NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT) announced today that its consolidated subsidiary, Newtek ALP Holdings, amended and upsized its revolving credit facility with Deutsche Bank AG (“DB”), which facility is employed to fund the origination of Alternative Loan Program (“ALP”) loans before they are placed into securitizations.

Auxly Cannabis Group Inc. (TSX: XLY) (OTCQB: CBWTF) ("Auxly" or the "Company"), a leading consumer packaged goods company in the cannabis products market, is pleased to announce that it has entered into two agreements that will strengthen its balance sheet, reduce debt, and support long-term growth:

SouthStar Capital is pleased to announce the funding of a $1 million Debtor-in-Possession (DIP) Accounts Receivable (A/R) Factoring Facility for a long-established manufacturing company currently undergoing Chapter 11 reorganization. This deal was referred by an attorney and required an A/R factor to step in.

TGRC, Inc., also known as The Green Recruitment Company, is based across Orlando, FL, and New York and is part of Green Group, a global talent group headquartered in the United Kingdom.

Baker Garrington announced it provided a $1 million factoring facility for a Texas-based company in the oil and gas and transportation industries.

Lioncrest Ventures, a new purpose-built venture, today announced its debut and initial raise of $30 million toward its $100 million multi-strategy platform spanning both equity and credit funds.

-Budderfly, the leading energy as a service company, announced it has secured an additional $100 million in debt financing from Nuveen Energy Infrastructure Credit (Nuveen EIC) to accelerate the deployment of scalable, holistic energy solutions tailored for energy-intensive buildings across the United States. This latest facility brings Budderfly’s total capital raised to over $1 billion.

Nearly half of businesses expect the economy to improve in the next 12 months, including 60% of middle market companies and 44% of small businesses—a four-year high.

Velocity One, a portfolio company of Charlesbank Capital Partners and an industry leader that designs, manufactures, and supports a wide range of products for the Aerospace and Defense markets, today announced that it has closed on a new senior credit facility with SLR Credit Solutions comprised of a revolver and term loan.

Haversine Funding, a trusted capital partner to the specialty finance market, is pleased to announce a new wave of fundings, highlighting its range of capital solutions for commercial lenders – from senior and junior lender finance lines of credit to participations in factoring, ABL, bridge loans, equipment lenders and more.

Haversine Funding, a trusted capital partner to the specialty finance market, is pleased to announce a new wave of fundings, highlighting its range of capital solutions for commercial lenders – from senior and junior lender finance lines of credit to participations in factoring, ABL, bridge loans, equipment lenders and more.

Haversine Funding, a trusted capital partner to the specialty finance market, is pleased to announce a new wave of fundings, highlighting its range of capital solutions for commercial lenders – from senior and junior lender finance lines of credit to participations in factoring, ABL, bridge loans, equipment lenders and more.

Haversine Funding, a trusted capital partner to the specialty finance market, is pleased to announce a new wave of fundings, highlighting its range of capital solutions for commercial lenders – from senior and junior lender finance lines of credit to participations in factoring, ABL, bridge loans, equipment lenders and more.

CIBC Innovation Banking announced today that it has provided growth financing to support Work Truck Solutions, a leading provider of software solutions for the commercial vehicle industry.

Trafigura Trading LLC (“Trafigura”), a wholly-owned subsidiary of Trafigura Group Pte Ltd, has this month renewed its North America Energy Borrowing Base Credit Facility (the “Facility”).

Knight Therapeutics Inc. (TSX: GUD) ("Knight" or “the Company”), a pan-American (ex-US) specialty pharmaceutical company, announced today that it has entered into a revolving credit facility (“the Credit Facility”), with National Bank of Canada (NBC).

Golub Capital BDC, Inc. (NASDAQ:GBDC), a business development company with a market capitalization of $3.86 billion and an impressive 12.11% dividend yield, has amended its revolving credit facility with GC Advisors LLC, increasing its borrowing capacity from $200 million to $300 million.

Turning Rock Partners ("TRP" or "Turning Rock"), a New York-based private investment firm, announces Shahid Khoja has joined the firm as Head of Credit. Mr. Khoja brings nearly 20 years of experience across public and private credit investing and leveraged finance, with deep expertise in opportunistic credit, structured products and special situations.

Haversine Funding, a trusted capital partner to the specialty finance market, is pleased to announce a new wave of fundings, highlighting its range of capital solutions for commercial lenders – from senior and junior lender finance lines of credit to participations in factoring, ABL, bridge loans, equipment lenders and more.

Truist Financial Corporation (NYSE: TFC) today announced it has hired Charles Alston as head of its new Nonprofit Hospitals, Higher Education and Government (HHG) banking team to drive focused growth and deepen client relationships.