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…
July 16, 2025
Source: Culain Capital Funding, LLC
Buffalo, NY – July 16, 2025 – Culain Capital Funding, LLC (“Culain Capital”) today announced the closing and funding of a $2,500,000 accounts receivable financing facility for a leading commercial laundry service provider based in New Jersey. The new facility provides critical working capital to help the company take on larger contracts and continue scaling operations across the New York metropolitan area.
The company specializes in high-volume linen and textile processing for hotels, resorts, and short-term rental operators. With industrial-grade equipment and a full-service model that includes pickup, washing, folding, and delivery, the company has established itself as a trusted partner for hospitality businesses that require fast, reliable turnaround and strict sanitation standards.
Like many service providers in the hospitality industry, the company was managing extended payment cycles from clients while covering upfront costs for staffing, supplies, equipment maintenance, and delivery. Their previous factoring partner lacked the flexibility and responsiveness to keep pace with the company’s rapid growth. By partnering with Culain Capital, they now have a tailored, growth-focused working capital solution that enables them to move faster, take on larger contracts, and stay ahead of the competition.
“This partnership perfectly illustrates the vital role flexible financing plays for growing service businesses,” said Jamie Franz, President of Culain Capital. “Our client faced genuine hurdles with their previous funding partner, which constrained their ability to seize larger opportunities. We’re proud to provide a tailored solution that not only resolves those challenges but actively fuels their expansion, ensuring they can consistently meet demand and outperform in a highly competitive hospitality market.”
Dan Stacy, Senior Vice President at Culain Capital, added, “Our client’s growth strategy and operational focus are a strong match for Culain’s approach to supporting emerging leaders in service-based industries. We’re excited to provide the capital they need to pursue larger opportunities and strengthen their position in a highly competitive market.”
This partnership reflects Culain Capital’s ongoing commitment to supporting service-based businesses with tailored financing that accelerates growth. Culain Capital continues to rapidly expand its presence across the U.S., delivering customized working capital solutions that enable growth-stage businesses to move faster, scale larger, and outperform competitors. Whether transitioning from another lender or seeking a more strategic capital partner, businesses choose Culain for fast approvals, flexible terms, and a hands-on approach that puts their goals first.

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