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  • Getzler Henrich Names Michael Osment Managing Director in Detroit Office
    Mar 25, 2024
    Michael Osment has joined Getzler Henrich & Associates LLC (getzlerhenrich.com), one of the nation’s oldest and most respected middle-market corporate restructuring and operations improvement firms, as a Managing Director in the Detroit office.
  • Siena Lending Group Announces Leadership Changes and Promotions
    Mar 21, 2024

    Scott Elliotto has been named President of Siena Lending Group, while Todd Eubanks is joining SLG as Deputy Chief Risk Officer and Michael Zielinski has been promoted to Director of Portfolio Management, Team Leader. All positions are effective immediately.

  • Dealmaker and Restructuring Expert James H.M. Sprayregen to Join Hilco Global as Vice Chairman and a Key Growth Partner at the Global Financial Services Firm
    Mar 19, 2024
    James H. M. Sprayregen, one of the most well-known and highly regarded dealmakers and thought leaders in the restructuring, corporate reorganization, and the M&A community, will join Hilco Global as a Vice Chairman of the privately held global financial services holding company. 
  • Bayard-Hollingsworth-Web Getting R.E.A.L. in Later Stage, Venture-Backed Companies
    In this article, we discuss how leading, managing, and operating a business with a focus on growth and development but with profits and cash flow is far different than driving interesting research and development (R&D) and engineering activities; and how a company should deal with these challenges as they evolve.
  • Michele Ocejo Breaking the Glass Ceiling Together: Stories of Cross-Gender Mentorship
    Mar 18, 2024
    TSL’s editor-in-chief explores the transformative power of cross-gender mentorship, especially in a male-dominated industry where there might be a shortage of female mentors. Read on for stories of female leaders who had male mentors and how they played pivotal roles in advancing their careers, dismantling biases, and cultivating inclusive workplaces.
  • CharliePerer_2023 headshot_150 An Interview with Bobby Bans, Managing Director of Western Region Originations at Wells Fargo Capital Finance (WFCF)
    Mar 12, 2024
    In this installment of our series of executive interviews, Charlie Perer sits with Bobby Bans to hear his views about his new role at Wells Fargo Capital Finance, the future of ABL, executive development and competition, among other things.
  • GoldenTree Announces over $1.35 Billion Private Credit Fund
    Mar 11, 2024
    GoldenTree’s Private Credit Fund (the “Fund”) secured commitments of over $1.35 billion, surpassing its target of $800 million to $1 billion. The Fund has a global investor base that includes public and corporate pensions, sovereign funds, foundations, insurance companies, family offices and RIAs across the US, Europe, Asia and the Middle East. 
  • Jim Hudak, president, First Citizens Commercial Finance Interview with Jim Hudak, President - Commercial Finance, First Citizens Bank
    Mar 5, 2024

    In June 2023, First Citizens Bank named noted commercial banking executive Jim Hudak as president of its Commercial Finance group, which it acquired in its merger with CIT Group in early 2022.

    With more than 20 years as a commercial finance executive, Hudak is known throughout the industry for his leadership capabilities and strong commitment to client support and satisfaction.

    Hudak oversaw CIT's commercial finance businesses from 2008 to 2019, during which time many grew to become leading lenders in their industry verticals.

    Today, settled back into an expanded version of the role he once occupied, he discusses the state of the business, the impact of the First Citizens merger and his strategy for 2024 and beyond.

  • Ares Management Launches Ansley Park Capital
    Mar 4, 2024
    Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today that funds managed by its Alternative Credit strategy (“Ares Alternative Credit”) have launched Ansley Park Capital (“Ansley Park”), a newly-formed lending and specialty finance company that delivers full spectrum, customized financing solutions for essential-use, large-ticket equipment.
  • Steve Savoy - Hilco Global_150 2024 Threats to Manufacturing and Industrial Businesses – Lenders Beware
    How will reduced consumer spending and increased leverage cost stress manufacturing & industrial companies in the year ahead?
  • Doug Braunstein to Join Wells Fargo as Vice Chairman
    Feb 28, 2024
    Wells Fargo & Company (NYSE:WFC) today announced that Doug Braunstein will join the company as Vice Chairman, effective February 28. Braunstein brings a broad set of financial services experiences to Wells Fargo, with particular expertise in serving as an advisor to boards and CEOs on strategic alternatives. 
  • MarcHeller_MMG-150 Marc Heller, Former Vice Chairman and Former President of CIT Commercial Services, Joins MMG Advisors
    Feb 27, 2024
    MMG Advisors, a leading middle market investment bank, is pleased to announce that Marc Heller, former Vice Chairman of CIT Commercial Services, a subsidiary of First Citizens Bank, and former President of CIT Commercial Services, is joining the company as a Senior Advisor.
  • Ares Management Special Opportunities Team to Join its Global Credit Group
    Feb 26, 2024
    Ares Management Corporation (NYSE: ARES) today announced that its Special Opportunities strategy, currently a business within its Private Equity Group, will be joining the firm’s Credit Group and will be named Opportunistic Credit. Moving the strategy to the Credit Group is expected to enable greater collaboration across the Ares platform, enhancing benefits to Ares’ limited partners, sponsor partners and portfolio companies.
  • SFNet’s Asset-Based Capital Conference: Industry Uncertainty Presents Threats and Opportunities
    Feb 22, 2024
    SFNet’s Asset-Based Capital Conference (ABCC), now in its 16th year, was held February 6-7 in Las Vegas. Attendees experienced thought-provoking discussions on the economy, geopolitics, talent retention, credit quality and industry dynamics.
  • Oxford Commercial Finance Transitions Top Leadership to Support Continued Business Growth and Expansion
    Feb 22, 2024
    Oxford Commercial Finance (OCF), a subsidiary of Oxford Bank ("the Company"), is pleased to announce strategic leadership changes aimed at providing enhanced strategic direction and oversight as the company continues to expand and evolve. Current OCF President Mick Goik will transition to the role of Executive Chairman of the OCF Board of Directors to focus on strategic initiatives, while Steve Tomasello, SVP, National Sales Manager, will assume the position of President to drive operational excellence and growth.
  • Perfection of Security Interests in Electronic Bills of Lading Under the UCC
    Feb 21, 2024
    In an increasingly paperless world, electronic bills of lading are garnering attention as an industry choice for cross-border commercial and shipping transactions. This article provides an overview of the legal framework prescribed by Articles 7 and 9 of the Uniform Commercial Code for a secured lender seeking to perfect its security interest in electronic bills of lading.
  • eCapital Strengthens Northeast Presence with New SVP, Business Development
    Feb 20, 2024

    eCapital Corp. ("eCapital") a leading finance provider operating across North America and the U.K., proudly announces the appointment of industry veteran W. Calvin Navatto as SVP, Business Development Officer. Based out of the Company’s New York office, Navatto brings over three decades of experience and a wealth of industry knowledge to bolster eCapital's presence in the Northeast region.

  • PNC Appoints Michael P. Lyons President
    Feb 20, 2024
    The PNC Financial Services Group (NYSE: PNC) today announced that its Board of Directors has unanimously appointed Michael P. Lyons president of the corporation and its wholly owned banking subsidiary, PNC Bank, National Association, effective immediately.
  • Burniston Tim image 2023 Wolters Kluwer_150 Wolters Kluwer’s Regulatory & Risk Management Indicator Survey – Key Takeaways
    Feb 13, 2024
    TSL Express’ senior editor sat down with Tim Burniston, senior advisor, Regulatory Strategy, for Wolters Kluwer Compliance Solutions to discuss the results of Wolters Kluwer’s Regulatory & Risk Management Indicator survey. Burniston advises Wolters Kluwer’s Financial & Corporate Compliance divisional leadership team and clients on emerging issues, legislative and regulatory developments, and regulatory strategy.
  • BillMayer_150 Gauging Credit Risk for 2024
    Feb 8, 2024
    The credit risk panel at SFNet’s 79th Annual Convention focused on challenges such as consumer headwinds, the higher cost of capital, looming refinancing deadlines, and the prospect of more downgrades, bankruptcies and defaults. Overall, though, panelists were optimistic about credit appetite and the ability to negotiate risk through tighter deal structures and more in-depth borrower and sector analytics.