TSL Express Daily Articles & News

Crestmark secured a total of $27,055,000 in ABL financial solutions for 13 new clients; Crestmark Equipment Finance provided $4,673,558 in four new lease transactions; Crestmark Vendor Finance provided $6,870,396 in 49 new lease transactions; the Joint Ventures Division provided $1,369,370 for one new client; and the Government Guaranteed Lending Division provided $2,010,000 in financing for three new clients in the second half of July.

In this role, Travis will be responsible for new business origination and other business development objectives in the southeastern U.S.

Through the Bank on Building a Brighter Community campaign two-and-a-half hours of tutoring will be donated for every qualifying checking account opened

Rosenthal & Rosenthal, Inc., today announced the completion of a recent $2 million purchase order finance facility to support the production financing requirements of a California-based cosmetic and beauty products company.

UMB Capital Finance is pleased to announce that Rhett Bentley has joined its business development team as a Senior Vice President - Asset Based Lending.

Diamond Business Credit is excited to announce that Dan Roderigues has joined the firm to lead the new business development effort.

LBC served as Agent and Sole Lead Arranger for the senior secured credit facility.

Reaffirms Plan to Emerge from Chapter 11 in Fourth Quarter Calendar 2019

Barneys secured $75 million in new financing from affiliates of Hilco Global and the Gordon Brothers Group to help it keep operating as it navigates the bankruptcy court, it said in a statement.

CIT Group Inc. today announced that Ken Martin has joined the company as managing director of the Small Business Solutions unit, which is part of its Business Capital division, effective immediately.

Trakopolis IoT Corp. announces that it has entered into an agreement with ESW Holdings, Inc., its senior secured lender, in respect of its US$3.0 million secured credit facility.

Together with the National Center for the Middle Market (NCMM), which is housed at The Ohio State University Fisher College of Business, Chubb has published a summary of findings from the Middle Market Indicator (MMI) report.

Huntington Business Credit announced it closed new credit facilities with Xpress Global Systems, LLC on May 15, 2019.

GridLiance, an independent electric transmission company, today announced that its subsidiary, GridLiance Western Holdings, and transmission company, GridLiance West, closed on two new revolving credit facilities with commitments totaling $185 million.

Scott represents financial institutions, corporations, and other entities, providing regulatory counsel related to mortgage banking and consumer financial services matters.

ePayRails today announced a new round of series A funding of $2.45M. Aspire Fund Management was the largest investor in the round, investing $2 million along with a consortium of additional private investors who invested the balance of $450 thousand.

Celadon Group, Inc. ("Celadon," the "Company," "we," or "us") (OTCPink: CGIP) announced today that it has refinanced its former revolving credit facility and obtained $165 million in new financing.

Leading small business lender secures new credit facility to support growth across loan portfolio

In addition to the financing, Mercury GSE utilizes a full suite of Pacific Mercantile Bank’s depository products and treasury management services.

The company designs, engineers, and manufactures sophisticated, cost-saving lighting systems for the controlled-environment agriculture industry.