TSL Express Daily News
The Secured Lender
SFNet's The 81st Annual Convention Issue
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Top 5 Apps for Organizing
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The Importance of Stretching
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SFNet's 40 Under 40 Award Winners Panel Recap
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SFNet's Inaugural YoPro Leadership Summit
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It’s a Marathon, Not a Sprint
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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
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Fintech and Due Diligence – Disruptors and Established Firms Evolve
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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
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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…
July 8, 2025
Source: Briar Capital Real Estate Fund
HOUSTON, TX – Briar Capital Real Estate Fund (“Briar”) is pleased to announce the closing of a new commercial real estate loan in Illinois to a leading provider of health supplies and services for educational institutions.
Briar provided a $9,350,000 real estate loan facility, primarily structured as a term loan, with an additional revolving component designed to address the borrower’s seasonal liquidity needs. The facility was secured by the company’s owner-occupied real estate and was part of a broader debt recapitalization that also included a traditional asset-based lending (ABL) working capital facility provided by a leading asset-based lender.
Consistent with many of Briar’s successful real estate loan transactions, this opportunity was sourced through multiple channels. Briar was introduced to the deal by a prominent investment banking firm and was also approached by an ABL lender with whom Briar has collaborated successfully in the past.
The transaction was sourced and managed by Jill Kirshenbaum and Jeff Appleton, members of Briar’s Business Development team. Not only did they bring the opportunity to Briar, but they also worked closely with all parties to guide it through the early stages of evaluation. The facility was ultimately closed by Susan Holliday, Briar’s Chief Credit Officer, who led the execution of the transaction through to completion.
Together, Briar, the ABL lender, and the investment banker worked closely to structure a tailored capital solution that leveraged the company’s real estate and other assets. The financing allowed the borrower to refinance existing debt, unlock equity from its underleveraged owner-occupied real estate, and gain access to working capital to support its strategic growth initiatives.
Susan Holliday, Chief Credit Officer at Briar, commented:
“What made this transaction truly stand out was the exceptional professionalism, collaboration, and shared sense of urgency demonstrated by all parties. The closing process was remarkably smooth and well-coordinated—a rare achievement in today’s challenging market environment.”
With its unique and focused approach to real estate lending, Briar Capital Real Estate Fund has earned a reputation as the go-to real estate financing partner in the asset-based lending community. Briar provides owner-occupied commercial real estate loans ranging from $2 million to $15 million, offering aggressive loan-to-values (LTVs) and payment-friendly, long-term amortizations. To learn more, please visit www.BriarCapital.com.
Briar provided a $9,350,000 real estate loan facility, primarily structured as a term loan, with an additional revolving component designed to address the borrower’s seasonal liquidity needs. The facility was secured by the company’s owner-occupied real estate and was part of a broader debt recapitalization that also included a traditional asset-based lending (ABL) working capital facility provided by a leading asset-based lender.
Consistent with many of Briar’s successful real estate loan transactions, this opportunity was sourced through multiple channels. Briar was introduced to the deal by a prominent investment banking firm and was also approached by an ABL lender with whom Briar has collaborated successfully in the past.
The transaction was sourced and managed by Jill Kirshenbaum and Jeff Appleton, members of Briar’s Business Development team. Not only did they bring the opportunity to Briar, but they also worked closely with all parties to guide it through the early stages of evaluation. The facility was ultimately closed by Susan Holliday, Briar’s Chief Credit Officer, who led the execution of the transaction through to completion.
Together, Briar, the ABL lender, and the investment banker worked closely to structure a tailored capital solution that leveraged the company’s real estate and other assets. The financing allowed the borrower to refinance existing debt, unlock equity from its underleveraged owner-occupied real estate, and gain access to working capital to support its strategic growth initiatives.
Susan Holliday, Chief Credit Officer at Briar, commented:
“What made this transaction truly stand out was the exceptional professionalism, collaboration, and shared sense of urgency demonstrated by all parties. The closing process was remarkably smooth and well-coordinated—a rare achievement in today’s challenging market environment.”
With its unique and focused approach to real estate lending, Briar Capital Real Estate Fund has earned a reputation as the go-to real estate financing partner in the asset-based lending community. Briar provides owner-occupied commercial real estate loans ranging from $2 million to $15 million, offering aggressive loan-to-values (LTVs) and payment-friendly, long-term amortizations. To learn more, please visit www.BriarCapital.com.
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