TSL Express Daily Articles & News

J D Factors provided $7,150,000 in new factoring facilities to 46 new clients in the US and Canada during the month of May.

J D Factors provided $7,150,000 in new factoring facilities to 46 new clients in the US and Canada during the month of May.

Respondents to LCD’s quarterly private credit survey are increasingly concerned about stress and default risk in the $1.7 trillion private credit market.

Udemy (Nasdaq: UDMY), a leading AI-powered skills development platform with nearly 80 million users globally, today announced the closing of a new $200 million senior secured revolving credit facility (“the Facility”).

DATA Communications Management Corp. (TSX: DCM; OTCQX: DCMDF) (“DCM” or the "Company"), a leading Canadian provider of print and digital solutions that help simplify complex marketing communications and workflow, announced today that it has entered into a fourth amended and restated credit agreement (the “Bank Credit Facility”) with a Canadian chartered bank (the “Bank”), extending the maturity date of its senior secured revolving credit facility to May 31, 2028.

MidCap Financial, a leading commercial finance company focused on middle market transactions, today announced it has provided a $90.0mm senior secured credit facility to Everde Growers (“Everde” or the “Company”). Proceeds from the credit facility were used to finance the acquisition and exit from bankruptcy as well as provide ongoing working capital.

Crown Partners announces it has successfully arranged a $32 million senior financing for a portfolio company of a New York-based private equity firm. Crown Partners served as the exclusive financial advisor in connection with this transaction.

Mitsubishi HC Capital America, the leading non-bank, non-captive finance provider in North America, conducted a survey of clients across the transportation and construction industries to understand the challenges of modernizing supply chains. As manufacturers look to modernize operations and plan for future growth, these survey results will be a powerful tool for developing resilient and informed strategies for industry leaders.

Provident Bank, a leading New Jersey-based financial institution, has released the results of its Mid-Year Business Outlook Survey, taking stock of business owner sentiment as they navigate a nuanced macroeconomic environment dominated by looming tariffs.

Wintrust Receivables Finance (WRF) announces a $40 million accounts receivable line of credit for a well-established Midwest-based third-party logistics firm. The company has been one of the fastest growing third-party logistics companies in the county for a number of years and recognized as such numerous times by Inc. Magazine as part of the Inc. 5000.

Fifth Third Bank, National Association, (Nasdaq: FITB) has announced Scott Daigle as North Florida region president. Daigle succeeds Cary Putrino, who has transitioned into a new role as region chairman in North Florida. Putrino will focus on business development, special projects and brand ambassadorship.

SLR Credit Solutions (“SLR CS”), a leading provider of direct private credit solutions for middle market businesses, is pleased to announce Taylor Stewart has joined as Director of Origination. With over 12 years of industry experience, Taylor brings deep expertise in originating, structuring, and underwriting asset-based and cash flow credit facilities for middle market companies.

Monroe Capital LLC announced it acted as joint lead arranger on the funding of a senior credit facility to support the recapitalization and growth of Sweetmore Bakeries (“Sweetmore”) by Shore Capital Partners.

SouthStar Capital, LLC is pleased to announce the funding of a $2 million Accounts Receivable (A/R) Facility for a Louisiana-based medical supplies distributor. Serving hospitals, clinics, and government agencies across the region, the company had been experiencing rapid growth but needed additional working capital beyond its existing $1 million line of credit with their bank.

Portage Point Partners, LLC (Portage Point), a blue chip advisory, consulting, interim management and financial services firm focused on the middle market, is pleased to announce the addition of Coley Brown as Managing Director to the Turnaround & Restructuring Services (TRS) Practice.

QuickFi® is honored to win the Editor’s Choice Award at the 2025 Banking Tech Awards USA for their work on the QuickFi embedded finance platform, making business equipment financing simple, fast, transparent and efficient for global OEMs and banks.

Private credit (PC) markets remain resilient, despite recent challenges stemming from tariff-driven market volatility, slowing economic growth and a higher policy rate trajectory than initially anticipated at the beginning of the year, says Fitch Ratings.

Wellness Pet Company ("Wellness Pet" or the "Company"), a leader in pet nutrition for over 25 years, today announced the successful completion of a refinancing transaction, supported by substantial majorities of its existing lenders (the "Transaction")

Southern Realty Trust Inc. (“SRT” or the “Company”), a lender on the TCG Real Estate platform, today announced the expansion of its senior secured revolving credit facility (the “Credit Facility”) with the addition of EverBank, N.A. (“EverBank”). EverBank has committed $50 million to the facility, bringing total committed capital to $100 million.

Today, West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX andNYSE: WFG) announced it has entered into a syndicated credit agreement providing for the renewal of its $1 billion credit facility and extension of the facility's maturity from July 2028 to May 2030.