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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September 29, 2025
Source: Tiger Finance
Music and cultural icon enhances its balance sheet through FILO and senior asset-based loans
NEW YORK – September 25, 2025—Tiger Finance has provided a $40 million commitment to bolster the already strong liquidity position of Fender Musical Instruments Corp. (FMIC, “Fender”), one of the world’s leading musical instrument manufacturers, marketers and distributors.
The new $40 million credit facility by Tiger closed on August 18. It is an incremental five-year commitment that supplements a senior revolving credit facility to FMIC by JPMorgan.
“This additional working capital enhances Fender’s ability to manage its business with greater agility,” said Tiger Finance Senior Managing Director Andy Cerussi. “It reflects the growing role of flexible capital solutions in supporting strong, innovative companies in today’s dynamic business environment.”
“As the leader in our industry, Fender is always working to optimize our capital structure to support strategic initiatives and continued global expansion. Compared to traditional FILO products, Tiger’s flexible capital solution was aligned with our proactive approach to treasury management,” said Matt Janopaul, Fender’s Chief Financial Officer.
Founded by Leo Fender in 1946, Fender owns and licenses brands that include Fender®, Squier®, Gretsch® guitars, Jackson®, EVH®, Charvel®, Bigsby® and PreSonus®. For the past decade, its digital arm has unveiled an ecosystem of apps, learning platforms and other products and interactive experiences designed to complement Fender guitars, amplifiers, effects pedals, accessories and pro-audio gear.
As the lending platform for Tiger Capital Group, Tiger Finance has committed more than $190 million of new capital since the beginning of the year. “We continue to build upon our strong relationship with J.P. Morgan Chase in ways that provide additional strategic options for borrowers from across the global economy,” Cerussi said.
About Tiger Finance
Stretch asset-based lender Tiger Finance approaches investing decisions based upon Asset Intelligence. Providing first-lien, second-lien, and split-lien facilities, typically structured as term debt, Tiger Finance advances against working capital, machinery and equipment, fixtures, real estate, and intellectual property across a wide range of industries. It is a division of Tiger Capital Group, which specializes in the provision of secured debt financing and equity investments, as well as comprehensive appraisals for the ABL industry and the disposition of consumer and industrial assets.
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Media Contacts: At Jaffe Communications, Elisa Krantz, (908) 789-0700, elisa@jaffecom.com.
NEW YORK – September 25, 2025—Tiger Finance has provided a $40 million commitment to bolster the already strong liquidity position of Fender Musical Instruments Corp. (FMIC, “Fender”), one of the world’s leading musical instrument manufacturers, marketers and distributors.
The new $40 million credit facility by Tiger closed on August 18. It is an incremental five-year commitment that supplements a senior revolving credit facility to FMIC by JPMorgan.
“This additional working capital enhances Fender’s ability to manage its business with greater agility,” said Tiger Finance Senior Managing Director Andy Cerussi. “It reflects the growing role of flexible capital solutions in supporting strong, innovative companies in today’s dynamic business environment.”
“As the leader in our industry, Fender is always working to optimize our capital structure to support strategic initiatives and continued global expansion. Compared to traditional FILO products, Tiger’s flexible capital solution was aligned with our proactive approach to treasury management,” said Matt Janopaul, Fender’s Chief Financial Officer.
Founded by Leo Fender in 1946, Fender owns and licenses brands that include Fender®, Squier®, Gretsch® guitars, Jackson®, EVH®, Charvel®, Bigsby® and PreSonus®. For the past decade, its digital arm has unveiled an ecosystem of apps, learning platforms and other products and interactive experiences designed to complement Fender guitars, amplifiers, effects pedals, accessories and pro-audio gear.
As the lending platform for Tiger Capital Group, Tiger Finance has committed more than $190 million of new capital since the beginning of the year. “We continue to build upon our strong relationship with J.P. Morgan Chase in ways that provide additional strategic options for borrowers from across the global economy,” Cerussi said.
About Tiger Finance
Stretch asset-based lender Tiger Finance approaches investing decisions based upon Asset Intelligence. Providing first-lien, second-lien, and split-lien facilities, typically structured as term debt, Tiger Finance advances against working capital, machinery and equipment, fixtures, real estate, and intellectual property across a wide range of industries. It is a division of Tiger Capital Group, which specializes in the provision of secured debt financing and equity investments, as well as comprehensive appraisals for the ABL industry and the disposition of consumer and industrial assets.
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Media Contacts: At Jaffe Communications, Elisa Krantz, (908) 789-0700, elisa@jaffecom.com.