TSL Express Daily Articles & News

CIBC Innovation Banking announced today that it has provided growth capital financing to ContactMonkey, a portfolio company of Updata Partners. The company will use the financing to continue growing its reach globally and expand product offerings to new and existing customers around the world.

At SFNet’s recent International Lending Conference in London, Lord Kim Darroch, former UK Ambassador to the United States, shared his analysis of global geopolitical dynamics, highlighting how the volatility driven by Trump’s trade agenda, geopolitical rivalries and shifting global alliances could have profound implications for financial markets, business confidence and global credit conditions.

24 Hour Fitness has closed a $305 million senior secured credit facility from affiliates of The TCW Group, a move aimed at bolstering liquidity and addressing upcoming debt maturities.

("Newtopia" or the "Company"), a tech-enabled whole health platform creating economically affordable and sustainable habits that prevent, slow and reverse metabolic disease, today announced the completion of a transaction that included (i) an aggregate $1.6 million in new senior secured debt financing (the "New Secured Funds"), and (ii) the settlement of $0.4 million in amounts owing to certain officers and directors for past services to the Company, for no cash consideration.

Ubiquity, a digital communications infrastructure owner, operator, and developer has successfully upsized its Green Construction Credit Facility to $350 million, representing an incremental $75 million in debt financing, with proceeds to be used to further expand the Company's last-mile open-access fiber networks.

AE Industrial Partners, LP (“AE Industrial”), a private investment firm specializing in National Security, Aerospace, and Industrial Services, today announced the close of its second aerospace leasing fund, AE Industrial Partners Aerospace Leasing Fund II, LP (“Aerospace Leasing Fund II”), which was oversubscribed with total capital commitments of $418 million, reflecting strong support from both existing and new investors.

Altimmune, Inc. (Nasdaq: ALT), a late clinical-stage biopharmaceutical company developing novel peptide-based therapeutics for liver and cardiometabolic diseases, today announced that it has entered into an agreement with Hercules Capital, Inc. (NYSE: HTGC), a leader in debt financing for life science companies, for up to $100 million in a credit facility, with a $15 million tranche funded at closing.

Aztec Group, a leading fund and investor services provider, has announced the appointment of Tamara Sablic as a Client Sales Director within its U.S. Commercial team. Based in New York, Tamara will be pivotal in driving the Group's client engagement and sales strategy across the region.

Axsome Therapeutics, Inc. (NASDAQ: AXSM), a biopharmaceutical company leading a new era in the treatment of central nervous system (CNS) disorders, today announced that it has entered into a $570 million term loan and revolving credit facility with funds managed by Blackstone Life Sciences and Blackstone Credit & Insurance (“Blackstone”).

Pyxus International, Inc. (OTC Pink: PYYX) ("Pyxus" or the "Company"), a global value-added agricultural company, is pleased to announce the amendment of its asset-based lending (ABL) credit facility with PNC Bank, which was initially established February 8, 2022.

Equify Financial is proud to announce the appointment of Ritzon Fernandez as Senior Vice President of Sales. Fernandez offers a demonstrated history of success in commercial equipment finance and asset-based lending, complemented by extensive leadership experience overseeing regional sales operations.

SurgePays, Inc. (Nasdaq: SURG) ("SurgePays" or the "Company"), a wireless and point-of-sale technology company, today announced that it has entered into a $7 million senior secured convertible note (the "Note") agreement with a current institutional shareholder.

Versant Funding LLC is pleased to announce it has funded a $30 million non-recourse factoring facility to a company that manufactures and distributes furniture to major brick-and-mortar as well as on-line retailers.

Ernst & Young LLP (EY US) has announced the finalists for the prestigious Entrepreneur Of The Year 2025 New England Award. Now in its 40th year, the Entrepreneur Of The Year program celebrates the bold leaders who disrupt markets through the world’s most ground-breaking companies, revolutionizing industries and making a profound impact on communities. The program honors bold entrepreneurs whose innovations shape the future and pave the way for a thriving economy and a hopeful tomorrow.

Sallyport Commercial Finance announced it has provided a $250,000 accounts receivable financing facility for a growing IT and technical staffing business. The facility will help meet the rising payroll demands of their temporary workforce. The client, introduced to Sallyport by our valued partners at Northrim Funding Services, is forecasting strong near-term growth and is targeting $1M+ in revenue by 2026.

HOMIE, the new company delivering healthy home solutions for everyday people, has announced a strategic partnership with Climate First Bank, a mission-driven financial institution committed to sustainability. ​

A new era of uncertainty will test resilience of direct lending portfolios. S&P Global Ratings anticipates the immediate impact of the Trump administration’s tariff policy will be contained for direct lending portfolios due to their predominantly domestic focus and emphasis on services.

Fusion Connect, a proven leader in cloud communications services, announces that the company has entered into a new NAV-based loan agreement with Hark Capital, providing Fusion Connect with a term loan of $85 million. The proceeds will be used for operating capital, to pay down existing debt, and to drive new strategic investments which will further accelerate Fusion's growth.

Fusion Connect, a proven leader in cloud communications services, announces that the company has entered into a new NAV-based loan agreement with Hark Capital, providing Fusion Connect with a term loan of $85 million. The proceeds will be used for operating capital, to pay down existing debt, and to drive new strategic investments which will further accelerate Fusion's growth.

Kirkland's, Inc. (Nasdaq: KIRK) ("Kirkland's" or the "Company"), a specialty retailer of home décor and furnishings, today announced the closing of a $5.2 million expansion of the existing credit agreement with Beyond, Inc. ("Beyond"). The upsized facility strengthens Kirkland's financial position, providing flexibility for general working capital purposes and support for the Company's updated store conversion strategy.