- CapitalPlus Supply Empowers Philadelphia Masonry Contractor with $560,000 Factoring Facility
- Hedgeweek Names CohnReznick 2024 Best Audit Firm: Overall
- Mitsubishi HC Capital America Enhances Best in Class Vendor Portal
- TSL Feature Articles
- Online Auction Features Rental and Production-Ready Audio, Video and Lighting Gear
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
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KeyBank Expands Commercial Banking Teams in Chicago and Southern California to Serve the Middle Market
KeyBank (NYSE: KEY) announced an expansion of its commercial banking business in Chicago and Southern California to serve more middle market clients with their differentiated platform – which includes a full range of commercial lending and capital markets capabilities as well as payments solutions designed specifically for the segment.
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Featured
Appraisers See a Mixed Picture for Valuations
Secured lenders increasingly rely on appraisers for swift and accurate valuations amid rising complexities in asset-based lending. With business bankruptcies up 40% and ongoing supply chain challenges, appraisers must adapt quickly to maintain their vital role in the underwriting process, ensuring lenders receive the critical insights needed to navigate this evolving landscape.
TSL Express Daily Headlines & News
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Gunvor Secures US $2.265 Billion Sustainability-linked, Multi-currency Revolving Credit Facility
November 21, 2024Gunvor Group Ltd (“Gunvor” or the “Group”) has signed a US $2.265 billion sustainability-linked, multi-currency revolving credit facility (“RCF” or “Facility”) in favour of Gunvor International B.V. and Gunvor SA.
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Generate Capital Secures $1.2 Billion Corporate Credit Facilities to Drive Sustainable Infrastructure Growth
November 21, 2024Generate Capital, PBC (“Generate”), a leading sustainable infrastructure investment firm, today announced a $1.2 billion revolving credit facility and term loan to support its mission to become the capital partner for the infrastructure transition.
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Saltire Capital Ltd. Announces Closing of Credit Facility
November 21, 2024Saltire Capital Ltd. is pleased to announce that it has entered into a credit agreement (the "Credit Agreement") with National Bank of Canada ("NBC"), pursuant to which NBC has agreed to provide Saltire with a revolving credit facility in the amounts and on the terms and conditions outlined below (the "Credit Facility").
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RelPro Partners with Propense.ai to Deliver Enriched Data for Accounting and Legal Professionals
November 21, 2024RelPro, the fast-growing business development and relationship management solution for Financial & Professional Services, announced today its latest partnership with Propense.ai, a SaaS platform delivering data-driven insights and service recommendations to professional services firms.
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CohnReznick Expands Philippines Footprint
November 21, 2024CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that, in support of its global workforce strategy, it has substantially increased its operations in the Philippines, through its wholly owned affiliate, CohnReznick Philippines, Inc.
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Hedgeweek Names CohnReznick 2024 Best Audit Firm: Overall
November 21, 2024CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that it has been named Audit Firm of the Year: Overall in Hedgeweek’s 2024 U.S. Awards. The awards were recently announced during a ceremony and networking event held at the Penn Club in New York City.
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Online Auction Features Rental and Production-Ready Audio, Video and Lighting Gear
November 21, 2024Late-model and low-hour gear surplus to the ongoing operations of Greater Than Entertainment (GTE), a full-service audio, video and lighting provider, goes to auction on December 5 in the final Tiger Group AV auction of 2024.
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CapitalPlus Supply Empowers Philadelphia Masonry Contractor with $560,000 in Factoring Facility
November 21, 2024CapitalPlus Financial Services is proud to announce its recent support of a Philadelphia-based masonry contractor with a $560,000 factoring facility. This funding provides critical working capital, enabling the contractor to take on larger, more profitable contracts that were previously out of reach due to restrictive financing options from traditional banks.
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Fifth Third Bank, National Association, Names Matt Nipper as Northern Ohio President
November 21, 2024Fifth Third Bank, National Association, (Nasdaq: FITB) has announced Matt Nipper as Northern Ohio region president. Nipper succeeds Tom Partridge, who is serving as group regional president.
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TerraNova Capital Equities Announces Three Transactions Totaling $45 Million
November 21, 2024TerraNova Structured Finance Group acted as the sole advisor to Danimer Scientific, Inc. (NYSE: DNMR) on a $20 Million revolving credit facility. TerraNova Structured Finance Group acted as the sole advisor to Inuvo, Inc. (NYSE American: INUV) on a $10 Million financing. TerraNova Structured Finance Group acted as sole placement agent for a $15 Million lender finance facility for Flow Capital Corp.
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BofA Names Ed Siaje President of Detroit
November 21, 2024Bank of America has named Ed Siaje president of Bank of America Detroit. As president and head of the market, he will connect clients, teammates and communities to the full power of the franchise and drive integration across the bank's eight lines of business. He succeeds Matt Elliott, who recently retired from the company.
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SMBC MANUBANK Announces Multiple Key Hires Across Credit, Accounting, and Technology Functions to Support Growth
November 21, 2024SMBC MANUBANK, a wholly owned subsidiary of SMBC Americas Holdings, Inc., and a member of SMBC Group, announced it has appointed three new executives to lead the Credit, Accounting, and Information Technology functions as part of the bank’s ongoing business transformation.
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Transom Capital Adds Dana Goldstein to Lead Investor Relations and Marketing
November 21, 2024Transom Capital Group (“Transom”) has named Dana Goldstein to the newly created position of Head of Investor Relations and Marketing, where she will play a critical role in deepening and expanding limited partner relationships, as well as strategic marketing initiatives for the firm and its portfolio, as part of Transom’s leadership team.
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Cadence Bank Welcomes Brad Silcox as President of Asset Management & Trust Group
November 21, 2024Cadence Bank (NYSE: CADE) today announced that Brad Silcox has joined the organization as executive vice president and president of asset management and trust.
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Quinn Residences Announces the Expansion of its Revolving Credit Facility to $1 Billion
November 21, 2024Quinn Residences ("Quinn" or the "Company"), a leading owner, operator, and developer of dedicated rental communities in the Southeastern United States, announced today the closing of an expansion of its existing revolving credit facility (the "Facility") led by JPMorgan Chase Bank.
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SFNet New Member Spotlight: CB&S Bank
November 20, 2024CB&S Business Capital is the asset-based commercial lending division and was recently formed in September 2024. It's a division of CB&S Bank which is a privately-owned commercial bank headquartered in Northern Alabama with approximately $2.6 billion in total assets.
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Gray Television Makes Significant Progress on Debt Reduction and Replenishes Authorization for Additional Debt Reduction
November 20, 2024Gray Television, Inc. (“Gray,” “Gray Media,” the “Company,” “we,” “us” or “our”) (NYSE: GTN) has completed a series of transactions that collectively reduced the Company’s principal amount of debt outstanding by $278 million since October 1, 2024, bringing the Company’s total principal debt reduction to $519 million since January 1, 2024.
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First Citizens Bank Leads $125 Million Financing for New Day Healthcare
November 20, 2024First Citizens Bank has announced that its Healthcare Finance division has closed a $125 million senior credit facility for New Day Healthcare, a market-leading provider of home-based services.
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eCapital Welcomes Chris Huntington, SVP, Business Development Officer to its ABL Group
November 20, 2024eCapital Corp. (“eCapital”), a leading tech-enabled finance provider specializing in tailored solutions for businesses across North America and the United Kingdom, has appointed Chris Huntington as SVP, Business Development Officer within its ABL Group.
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Mitsubishi HC Capital America Enhances Best in Class Vendor Portal
November 20, 2024Mitsubishi HC Capital America, the largest non-bank, non-captive finance provider in North America, is further demonstrating its commitment to the latest in technological innovation by announcing several key enhancements and improvements to Propel, its proprietary, best-in-class digital transaction and portfolio management system.
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The Secured Lender
SFNet's 80th Annual Convention Issue