TSL Express Daily News
The Secured Lender
SFNet's The 81st Annual Convention Issue
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Top 5 Apps for Organizing
Mar 7, 2019If you’re like most of us, we try to stay organized in business and life, but it gets increasingly complicated…
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The Importance of Stretching
Mar 7, 2019Every personal trainer and athletic coach I have ever worked with has stressed the importance of stretching. When working out…
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SFNet's 40 Under 40 Award Winners Panel Recap
Mar 6, 2019Moderator: Samantha Alexander, regional underwriting manager, Wells Fargo Capital Finance’s Corporate Asset Based Lending group and 2016 CFA 40 Under…
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SFNet's Inaugural YoPro Leadership Summit
Mar 6, 2019The Secured Finance Network brought together the next generation of commercial finance leaders for a full day of learning and…
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It’s a Marathon, Not a Sprint
Aug 22, 2018I was recently invited to participate in an executive panel to answer questions from a credit training class comprised of...
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It’s Not Too Late – Five Member Benefits to Cash In On Now
Aug 1, 2018As we hit the half way mark on calendar year 2018, it is a good time to take stock and…
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It’s Time To Break Up With Your Phone
Jul 18, 2018Do I have your attention? Let’s be honest here: do you have the attention span to read this article? Compared…
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Lien Management – What You Need to Know
Jun 6, 2018UCC filing is the cornerstone of all loans and every lien portfolio...
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Potential Impacts of Blockchain on Commercial Lending
Jan 15, 2018By Raja Sengupta, Executive Vice President and General Manager, Wolters Kluwer’s Lien Solutions When it comes to the rising importance…
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How to be a Good Leader
Dec 5, 2017I know what you’re thinking…another article about how to be a good leader? The short answer is yes…but this time,…
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Fintech and Due Diligence – Disruptors and Established Firms Evolve
Oct 30, 2017The fintech sector has gone through a number of manifestations in the past two decades.
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A Commercial Banker’s Tickler Transition Plan
Oct 18, 2017Just do a keyword search for “bank tickler,” and you’ll quickly realize that banks are still heavily reliant on manual…
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Understanding and Developing Your Personal Brand: Four Steps to a More Intentional Career Progression
Sep 5, 2017It is imperative for individuals to have a general idea about their future career aspirations, just as companies should have clearly defined strategies.
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Selecting a Technology Vendor: 3 Questions to Ask
Jul 5, 2017As with anything else at your bank, selecting a technology vendor can be a challenging decision. Users from across different…
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Why Back-Office Lending Automation Enhances Customer Satisfaction
Apr 25, 2017Every bank strives to keep its customers happy. Of course, some institutions are better at achieving this goal than…
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The Lost Art of the Loan Purchase
Mar 2, 2017Purchasing a loan directly from a bank whether at par or discount is a not-often-used technique that is easily…
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Audit Prep: Why a Paperless Approach Makes Sense
Feb 15, 2017How much time does your financial institution spend preparing for audits? We recently surveyed 187 community banks, and the results…
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Back Office Support Services: Helping you approve more clients
Feb 7, 2017How many times have you come across a potential client who’s financials are either not up to date, not accurate,…
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“All Assets” is the Key When Drafting UCC-1 Financing Statement Collateral Descriptions
Jan 30, 2017Even when prepared by outside or in-house counsel, many lenders pay close attention to draft UCC financing statements before they…
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Paper Loan Files: Does Your Bank Know the True Cost?
Jan 12, 2017Sure, there’s a tangible cost associated with deploying an electronic loan imaging system. Software, support, and scanning hardware are just…
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May 12, 2025
Source: PR Newswire
ATLANTA, May 7, 2025 /PRNewswire/ -- 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.
"We are thrilled to announce our new partnership with Hark Capital," said Brian McClintock, CFO of Fusion Connect. "This financing not only fortifies our foundation, but it also reflects the strong confidence our lenders and owners have in Fusion's future. With this capital infusion, we are now well financed to drive innovation, deliver exceptional value to our customers and partners, and execute on our strategic plans."
Fusion Connect's approach stands apart in the marketplace, blending one-vendor simplicity with a complete suite of communications services supported by an entirely US-based team of experts, for higher quality, faster time-to-resolution and all backed by an industry-leading 100% uptime guarantee for additional confidence. Fusion is an industry leader with expertise in meeting the connectivity and communication needs for mid-market and enterprise organizations, especially those with multi-location operations.
This new funding will enable the company to further invest in its talent, technology, infrastructure, customer service and products, ensuring the highest levels of customer satisfaction, from design to implementation to on-going support and personalized care. It will fuel growth and enhance our competitive advantage, for Fusion, for our customers, and for our valued channel partners.
For more information about Fusion Connect solutions and the Fusion Connect advantage, visit the company website and discover why hardworking businesses rely on Fusion Connect managed connectivity, networking and communications services to run their businesses.
About Fusion Connect
As a leading cloud communications provider, Fusion Connect takes pride in delivering a full suite of US-based managed services that remove all the complexity so customers can focus on running their business. We use our deep technical expertise and industry know-how to build the 'right-fit', best of class communications and collaboration solutions for our customers right here in the US. Fusion Connect is proven at delivering customer success for managed broadband access, UCaaS, CCaaS, SD-WAN, managed security, or Microsoft Teams solutions. Fusion Connect is unique in providing exceptional customer support backed by an industry-leading, uptime service guarantee. For more information on how to get started, visit Fusion Connect or connect with one of our experts at +1-888- 301-1721.
Press Contact:
Fusion Connect
PR@fusionconnect.com
About Hark Capital
Since 2013, Hark Capital has been providing innovative fund finance solutions to private equity sponsors and their portfolio companies, with a focus on NAV and management company facilities. Since inception, Hark Capital has deployed over $1.5 billion across 130+ transactions with 60+ sponsors across the US, Canada and Europe.
Press Contact: info@harkcap.com
