TSL Express Daily Articles & News

The launch of the new site – www.hitachitechfinance.com – is an important element of Hitachi Technology Finance’s rebranding campaign to promote their new name with a more focused product offering to their core client base, VARs and technology vendors. Formerly known as Global Technology Finance, Hitachi Capital America Technology Finance provides transformative flooring and lines of credit.

Finacity Corporation (“Finacity”), a member of the Greensill family of companies, has successfully launched a multi-jurisdiction trade receivables factoring program for ZIM Integrated Shipping Services Limited (“ZIM”), a company headquartered in Israel, allowing up to USD 90 million in funding from a leading Israeli bank.

Amerisource Business Capital announced the closing and funding of a $3,000,000 credit facility for a meal and dining services company based in Ohio. Proceeds of the facility are being used to finance working capital.

CSI Laboratories (CSI), a leading cancer testing laboratory that supports pathology and oncology specialties, announced today that it has entered into an agreement with Bank of America for a revolving line of capital.

The facility will support fulfilment of Electrovaya's customer purchase orders and working capital needs.

Paragon Financial Group, Inc., an Asset Based Lending company specializing in No-Credit Risk Accounts Receivable Factoring and Purchase Order Funding, announced today the addition of Kalli Perez and Ernesto Moran to the team at Paragon Financial.

He assumes responsibility for establishing and expanding the Old National Bank brand with a full-service commercial banking presence in St. Louis.

Marsh advises U.S. and international issuers and underwriters on a broad range of transactions, including in the life sciences and technology industries.

A member of the firm’s Management Committee, Mr. Van Gorp has practiced structured finance law at Mayer Brown for over 20 years.

Twenty-five-year equipment financing veteran, Anthony Zambon, will lead CCG Equipment Finance Ltd. to expand operations in Canada.

CIT Group Inc. (NYSE: CIT) today announced that Philip Robbins has joined the company as the president of Asset Management and Capital Markets. In this role, he will manage the capital markets portfolio of products, the syndicated loan group and CIT’s asset management activities.

White Oak Healthcare Finance, LLC (“White Oak”) today announced it acted as sole lead arranger on the funding of a senior credit facility to finance the acquisition of New Life Health Group (“New Life”) by CareMax Medical Group (“CareMax”).

He will lead an origination team with a focus on providing flexible funding solutions to mid-market, corporate and international businesses with financing needs across the UK and Europe.

The company is a wholesale supplier and distributor of petroleum products, petrochemicals, and renewable fuels.

MolecuLight Inc., the world's leader in handheld fluorescence imaging for real-time visualization of bacteria for chronic wounds, announced it has secured a $7.5 million USD term loan from Oxford Finance LLC, a specialty finance firm providing senior debt to life sciences and healthcare services companies worldwide.

David B. Weir, Jr. has joined Grant Thornton LLP’s Public Sector Healthcare practice as a managing director. In this role, he is responsible for supporting Grant Thornton clients at the U.S. Department of Health and Human Services and across the public sector healthcare space.

Capital One announced today that it acted as a joint lead arranger for a senior secured credit facility for STEMCELL Technologies, a Canada-based biotechnology and life science company. The financing consists of a revolving line of credit and a senior term loan.

Crescent Capital Group LP, a leading alternative credit investment firm, announced today that its European Specialty Lending strategy has provided unitranche financing to support the acquisition of Hanson Wade by U.K.-based private equity firm Graphite Capital. Terms of the transaction were not disclosed.

CCF Holding Company (OTCQX: CCFH) (CCF), Heritage Bancorporation, Inc. (HBI) and Providence Bank (Providence) jointly announced today that they have received regulatory approvals for their merger of equals as well as shareholder approval from each of the three organizations.

20-Year veteran deepens and expands Ankura's healthcare disputes, compliance, investigation and advisory offerings