TSL Express Daily Articles & News

Positive Development, the nation’s leading provider of developmental therapy for autistic children and their families, today announced the closing of a debt financing facility for up to $45 million provided by Silicon Valley Bank (SVB), a division of First Citizens Bank, and Pinegrove Venture Partners (Pinegrove).

KORE Capital Corporation, a leading provider of accounts receivable– based working capital solutions, announced today that in Q4 2025 it closed a new financing facility to support the growth of a small business owner who sought greater flexibility and capacity than their existing senior credit relationship allowed.

Mitsubishi HC Capital America, a leading provider of financing and asset solutions that span North America, has successfully closed four co-lending transactions totaling $80 million. These deals underscore the strength of the company’s Business Finance team and its ability to deliver flexible, tailored capital solutions through strategic partnerships with leading financial institutions and companies.

Sidley is pleased to announce that Ji Hye You has joined the firm’s Global Finance group as a partner in Sidley’s office in New York. She was previously a Private Credit Group partner at Proskauer Rose.

Pelthos Therapeutics Inc. (NYSE American: PTHS), a biopharmaceutical company committed to commercializing innovative therapeutic products for unmet patient needs (“Pelthos”), today announced it has secured financing from Horizon Technology Finance Corporation (“Horizon”) (NASDAQ: HRZN), an affiliate of Monroe Capital, with an initial funding of $30 million, and up to $20 million to support future growth.

Fortress Investment Group today announced that funds managed by its affiliates (“Fortress”) have provided a $150 million senior secured term loan to Leisure Time Products.

The financing would ⁠provide an immediate cash infusion of $1 billion through a debtor-in-possession loan from an investor group led by Pentwater ⁠Capital Management and Bracebridge Capital, Reuters reported.

Altus, the trusted leader in commercial receivables management and business-to-business collections, today announced the addition of two senior leaders to its organization: Marco R. Constante, Executive Vice President, Commercial Operations & Enablement, and Ross Lafont, Vice President, Corporate Development and FP&A.

JPalmer Collective (JPC), an asset-based lending firm dedicated to supporting high-growth, women-owned and -led, and natural products companies, today announced the closing of a $6.5M line of credit to Om Mushrooms, a pioneer in functional mushrooms.

Brookfield today announced its private wealth platform has launched the Oaktree Asset-Backed Income Fund (“OABIX” or the “Fund”), an evergreen interval fund intended to provide U.S. individual investors with access to Oaktree’s asset-backed finance (“ABF”) expertise.

KORE Capital Corporation, a leading provider of accounts receivable– based working capital solutions, announced that in Q4, 2025 it extended a $1,000,000 financing facility to support an entrepreneur returning to business after a period of significant personal loss and challenge.

The Hedaya Capital Group recently provided a $1 million factoring facility to a Texas-based telecom infrastructure contractor, specializing in telecom wireless tower buildouts and upgrades. With $5 million in projected 2026 sales, the Company specializes in the design, development, and implementation of mission-critical RF Infrastructure products and components.

More than 700 lots of excess gear from Solotech’s 200,000-square-foot rental depot in Las Vegas go to gavel in a Tiger Group online auction concluding January 22.

King & Spalding announced today that Mae Rogers has joined the firm’s Finance and Restructuring practice group as a partner. She is based in the New York office.

Nassau Global Credit (“NGC”) announced the launch of its new Credit Opportunities strategy supported by capital commitments of up to $400 million from seed investors.

Trinity Capital Inc. (Nasdaq: TRIN) (the "Company"), a leading alternative asset manager, today announced a portfolio update for the fourth quarter and full year of 2025. Trinity Capital funded $435 million of total investments in the fourth quarter, bringing fundings for 2025 to a record $1.5 billion. In addition, the Company originated $543 million of new commitments during the quarter, resulting in a record $2.1 billion of new commitments for the full year.

Clean energy platform Aspen Power announced today the closing of a $200 million capital raise provided by Deutsche Bank, with proceeds from the financing aimed at accelerating its development of distributed solar and storage projects across the U.S.

Elevex Capital, LLC ("Elevex"), an independent commercial equipment finance company, today announced it has closed on a forward flow agreement with TPG, a leading global alternative asset management firm. The agreement provides Elevex access to $1 billion in capital, enabling the company to originate and fund larger transactions with a dedicated capital partner.

Medallion Bank (Nasdaq: MBNKO, the “Bank”), an FDIC-insured bank providing consumer loans for the purchase of recreational vehicles, boats, and home improvements, along with loan origination services to fintech strategic partners, is pleased to announce Justin Haley’s promotion to President of the Bank and Travis Betenson’s promotion to SVP and Chief Financial Officer.

Heritage Global Inc. (NASDAQ: HGBL) (“Heritage Global,” “HG” or “the Company”), an asset services company specializing in financial and industrial asset transactions, today announced that a wholly owned subsidiary of the Company, Heritage DebtX LLC (“Heritage DebtX”), has acquired substantially all of the assets of The Debt Exchange, Inc. (“DebtX”), in an all-cash transaction valued at approximately $8.5 million.