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…
December 8, 2025
Source: Tower Partners
Columbia, MD – December 8, 2025 - Tower Partners, a leading private investment bank and advisory firm serving the middle market, announced that it assisted U.K.-based Lendscape, a global leader in working capital finance technology and backed by Bowmark Capital, with its acquisition of WinFactor, a leading provider of factoring software solutions based in Lakeland, Florida.
As the exclusive buy-side advisor in this transaction, Tower Partners provided Lendscape with market mapping, valuation guidance, offer evaluation, and additional strategic services. Tower Partners was also instrumental in helping Lendscape navigate the complexities of this international acquisition.
Tower Partners will close more than 15 transactions in 2025 and is on pace to close an additional 15 by the first half of 2026.
“We are proud to have advised Lendscape on this important cross-border transaction,” says Raphael Fahrwald, Managing Director at Tower Partners. “WinFactor’s strong reputation in factoring software complements Lendscape’s broader secured finance technology platform, creating a highly synergistic combination that will benefit customers globally.”
Growing its presence in the U.S. underscores Lendscape's commitment to the future of secured finance and its focus on key growth markets. Lendscape and WinFactor together are positioned to deliver innovative, scalable technology solutions that empower lenders to unlock new opportunities and drive growth with confidence.
“This acquisition marks an important milestone in our North American expansion strategy,” says Martin Morrin, CEO of Lendscape. “By combining WinFactor’s long-standing expertise in factoring technology with our global platform, we are able to deliver even more value and innovation to our clients and stakeholders while shaping the future of receivables finance.”
Continues Morrin, “We also want to express our gratitude for the guidance, expertise, and deep understanding of our industry Raphael and his team brought throughout this entire process, from start to finish.”
With decades of experience in the factoring and receivables finance marketplace, WinFactor has developed an end-to-end platform that enables factoring firms and receivables lenders to streamline workflows, manage risk, improve client servicing and embrace digital tools, positioning the company as a respected provider in its niche.
“We are excited to become part of the Lendscape family. Our customers will continue to benefit from the service and reliability they know us for, while gaining access to an expanded product suite and the scale of a global technology leader,” says Patrick de la Roza, CEO of WinFactor. “This partnership ensures we can support our clients’ growth for decades to come.”
Legal representation for Lendscape was provided by Troutman Pepper Locke. QoE for Lendscape was provided by BDO USA. Fernández Legal provided strategic business legal counsel for WinFactor. For more information about Tower Partners and its services, visit www.towerpartners.com
About Tower Partners
Headquartered in Columbia, MD, Tower Partners is the premier private investment bank servicing the lower middle market. Tower’s team has completed engagements with more than $15 billion in transaction value. It specializes in providing Wall Street level investment banking to main street, with a focus on family, founder, and entrepreneurial-led businesses in the lower middle market. The company has offices in Columbia, MD, Baltimore, MD, New York, NY, and Connecticut.

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