- 23andMe Initiates Voluntary Chapter 11 Process to Maximize Stakeholder Value Through Court-Supervised Sale Process
- SFNet Market Pulse
- SSG Advises Ideanomics, Inc. in Sale of Substantially All Assets of WAVE Charging to Tillou Management and Consulting LLC
- Eclipse Business Capital Closes $160 Million Senior Secured Revolving Credit Facility
- Yara Refinances Revolving Credit Facility With 11 Banks
TSL Express Daily Articles & News
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Legacy Corporate Lending Appoints Dillon Lounsbury as Senior Vice President of Originations
Legacy Corporate Lending, LLC (“Legacy”), an independent asset-based lending (ABL) company focused on serving the needs of middle market companies across North America, today announced the appointment of Dillon Lounsbury as Senior Vice President of Originations. Mr. Lounsbury brings over a decade of lending experience to Legacy, where he will be responsible for leading the origination and structuring of new transactions in the Southeast.
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Mastering the Art of Communication: Strategies for Building Stronger Business Relationships
In an era when technology and business move faster than ever, mastering communication is key to professional success. SFNet’s webinar, “The Art of Communication,” held March 4, brought together secured finance industry professionals at various career stages to discuss the evolving communication landscape in 2025. Panelists explored best practices for balancing technology with human connection, choosing the right mode of communication for different scenarios, and improving overall efficiency and productivity.
TSL Express Daily Headlines & News
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SLR Credit Solutions Agents Senior Credit Facility For Stella & Chewy’s
March 26, 2025SLR Credit Solutions (“SLR CS”) announced the closing of a $75 million senior credit facility comprised of a revolver and term loan for Stella & Chewy’s, the category leader in the raw pet food space. Stella & Chewy’s offers high-quality, raw and natural pet food made from premium, responsibly sourced ingredients. Its products are available at pet specialty retailers, grocers, and e-commerce sites.
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New Research Showcases Wolters Kluwer’s Expert Solutions Journey
March 26, 2025Researchers from the Massachusetts Institute of Technology Center for Information Systems Research (MIT CISR) have published “Wolters Kluwer’s Expert Solutions Journey,” a paper that explores through the lens of one of its five divisions the company’s transformation—primarily via its concerted use of data, analytics and artificial intelligence technologies—to evolve from its longstanding role as publisher of professional journals into a global, expert solutions provider.
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Dechert Advises Blue Torch Capital on Debt Financing for Transom Capital-Backed Halo Dream, Inc. to Acquire Baby Merlin
March 26, 2025Dechert advised Blue Torch Capital, a U.S. middle-market direct lender offering bespoke credit solutions, on a new credit facility provided to Halo Dream, Inc. (Halo), a portfolio company of Transom Capital Group.
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Stellus Capital Investment Corporation Prices Offering of $75 Million of 7.25% Notes Due 2030
March 26, 2025Stellus Capital Investment Corporation (NYSE: SCM) ("Stellus" or "the Company") today announced that it priced a public offering of $75 million aggregate principal amount of 7.25% notes due 2030 (the "Notes") on March 25, 2025.
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Crown Partners Solves Urgent Special Situations ABL Need
March 26, 2025$75 million special situations ABL solves urgent liquidity constraint for sponsor-backed borrower
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nFusion Capital Provides $500,000 Factoring Facility for Drilling, Boring and Trenchless Technology Services Provider
March 26, 2025nFusion Capital recently provided a $500,000 factoring facility to a provider of horizontal directional drilling, boring and trenchless technology services. The Company offers a full range of trenchless services, including pipeline installation, utility relocation, and borehole drilling for various water, gas, telecom, and electrical infrastructure applications.
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IDB Bank Arranges $100 Million in Dynamic Financing to Benefit For-Hire Vehicle and Black Car Livery Enterprise
March 26, 2025IDB Bank ("IDB"), a New York-based private and commercial bank, has served as the Administrative Agent to provide a $100 million dual-solution financing package to benefit a New York-based for-hire vehicle and black car livery enterprise.
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AlixPartners Announces Leadership Changes in Turnaround & Restructuring Services
March 26, 2025AlixPartners, the global consulting firm, today announced several new appointments to the leadership team of its market leading Turnaround & Restructuring Services (TRS) practice.
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First Bank Provides $2.5 Million Revolving Line of Credit to Wholesale Distributor in New Jersey
March 26, 2025First Bank announced it $2.5MM working capital revolving line of credit to a wholesale distributor to infrastructure construction projects located in North Bergen New Jersey.
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Associated Bank Completes Phase 2 Commercial Expansion, Adding Top Talent in Growing Kansas City Market
March 25, 2025Associated Banc-Corp (NYSE: ASB) ("Associated" or "Company") today announced the addition of three seasoned bankers, Matt Flynn, Alexander Burke, and Mitchell Hind, to its commercial banking team in Kansas City, Missouri, to grow that new market.
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MSC Income Fund Amends and Extends its SPV Credit Facility
March 25, 2025MSC Income Fund, Inc. (NYSE: MSIF) (the "Company") is pleased to announce that its wholly-owned subsidiary, MSIF Funding, LLC, recently amended its special purpose vehicle revolving credit facility (the "SPV Facility") with JPMorgan Chase Bank, National Association.
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Waldencast Reports Q4 2024 and Fiscal Year 2024 Financial Results, Enters Into a New $205 Million Five-Year Credit Facility
March 25, 2025Waldencast plc (NASDAQ: WALD) (“Waldencast” or the “Company”), a global multi-brand beauty and wellness platform, today reported operating results for the three months ended December 31, 2024 (“Q4 2024”) and the year ended December 31, 2024 (the “Year Ended 2024”) on Form 6-K to the U.S. Securities and Exchange Commission (the “SEC”), which are also available on our investor relations site at http://ir.waldencast.com/.
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Apricus Generation Secures $30 Million Development Financing Facility with Atlantic Union Bank
March 25, 2025Apricus Generation, a rapidly growing holding company focused on building a national distributed solar and battery development and Independent Power Producer (IPP) platform, announced today the establishment of a new revolving $30 million credit facility with Atlantic Union Bank (AUB).
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Triumph Financial Announces New Leadership Appointments
March 25, 2025Triumph Financial, Inc. (Nasdaq: TFIN) today announced a series of key leadership appointments designed to strengthen its organizational structure and position the company for long-term growth and innovation in the transportation and financial services industry.
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Haversine Funding Continues Team Expansion with the Addition of Jackie Snyder
March 25, 2025Haversine Funding, a leading provider of lender finance funding solutions to factors and commercial lenders, is pleased to announce that Jacqueline (“Jackie”) Snyder has joined the team as Underwriter, Lender Finance. Snyder brings with her over ten years of experience in the factoring industry, having served as both an Underwriter and Compliance Auditor.
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Bank Economists: Credit Conditions to Soften for Consumers and Small Businesses Amid Heightened Economic Uncertainty
March 25, 2025Credit conditions are expected to weaken modestly over the next six months as businesses and consumers adopt a more cautious outlook amid heightened uncertainty, according to the American Bankers Association’s latest Credit Conditions Index released today.
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First Bank Provides $13MM Line of Credit to a Building Supply Company
March 25, 2025First Bank announced it has provided a $13 million working capital revolving line of credit to a building supply company servicing the tristate area located in Walden New York.
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SLR Healthcare ABL Provides Financing to a Skilled Nursing Operator
March 25, 2025SLR Healthcare ABL is pleased to announce that it has provided an $8 million asset-based revolving line of credit to a Midwest-based senior living operator (the “Company”). The Company operates and manages over thirty skilled nursing facilities across multiple states that specialize in skilled nursing, rehabilitation, and memory care as well as assisted living facilities.
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Amerisource Business Capital Announces $7 Million Acquisition Facility for Equipment Service Provider
March 25, 2025Amerisource Business Capital is pleased to announce the successful closing and funding of a $7,000,000 working capital/acquisition facility for a Texas-based equipment service provider to the oil and gas industry. The acquisition will triple the firm's size.
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First Business Bank Funds $7.5 Million Factoring Facility For Outdoor Lighting Manufacturer
March 25, 2025First Business Bank’s Accounts Receivable Financing group announces the funding of a $7.5 million factoring facility for a manufacturer of outdoor lighting products in the midst of a turnaround.
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