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Apollo Plans to Build the First Marketplace for Private Credit
The alternative asset manager is in discussions to partner with banks, exchanges and fintech firms to deliver real-time information and intraday prices for private credit deals, according to Eric Needleman, head of Apollo Capital Solutions.
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Interview with Sameer Kapoor, Member of SFNet’s Inclusiveness Committee
Sameer Kapoor is a seasoned Bankruptcy, Restructuring & Creditor Rights partner at Parker, Hudson, Rainer & Dobbs LLP, who provides legal support and advice to clients in defaulted loan workouts, various types of creditors’ rights litigation matters, and bankruptcy cases. Sameer’s client-first approach focuses on providing practical legal advice that efficiently and effectively mitigates the various types of risk faced by lenders.
TSL Express Daily Headlines & News
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First Business Bank Funds $4 Million Factoring Facility For Robotic Software Provider
February 26, 2025First Business Bank’s Accounts Receivable Financing group announces the funding of a $4 million factoring facility for a software provider. The firm specializes in integrating its proprietary software to robotic systems, transforming standard automation into intelligent warehouse solutions.
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Churchill Asset Management Completes $750 Million Middle Market CLO Offering
February 26, 2025Churchill Asset Management LLC, the U.S. private capital investment-specialist of Nuveen, announced the closing of a $750 million middle market collateralized loan obligation (“CLO”), Churchill Middle Market CLO V LLC (“CLO V”), on February 25, 2025. This transaction represents the first CLO that Churchill priced in 2025 and the fifteenth CLO issued by Churchill.
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Sunflower Bank Hires Bo Scott as Chief Banking Officer to Enhance Middle Market Growth
February 26, 2025Bo Scott has joined Sunflower Bank as Executive Vice President and Chief Banking Officer. In this role, Bo is based at Sunflower Bank’s headquarters in Dallas and oversees the strategy, management and growth of its middle market efforts in all regional markets.
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Getty Images Holdings, Inc. Announces Comprehensive Refinancing of Approximately $1.042 Billion Existing Term Loans
February 26, 2025Getty Images Holdings, Inc. (NYSE: GETY) (“Getty Images”), a preeminent global visual content creator and marketplace, today announced the closing of a comprehensive refinancing of the Borrowers’ existing term loans, which were set to mature on February 19, 2026.
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Surf Internet Raises $175 Million in New Equity and Secures Upsized $300 Million Debt Facility to Support Continued Network Expansion Across the Great Lakes Region
February 26, 2025As Surf Internet® celebrates 25 years of pioneering connectivity, the company has raised $175 million in new equity funding and secured an upsized $300 million debt facility, reinforcing its commitment to delivering fiber-optic broadband to underserved communities across the Great Lakes Region.
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Solar Developer Aspen Power Reloads $200M+ in Financing from Private Capital, Lenders
February 25, 2025The new funding will support Aspen Power in expanding across the U.S. One of the financing deals is a $142 million construction-to-term credit facility with MUFG to fund this year’s project pipeline, while Aspen Power also secured a $50 million revolving credit facility with BMO which replaces an earlier arrangement with Lombard Odier Asset Management.
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Runway Growth Capital Names Greg Greifeld Chief Investment Officer
February 25, 2025Runway Growth Capital LLC ("Runway"), a leading provider of growth loans to venture and non-venture backed companies seeking an alternative to raising equity, today announced that Greg Greifeld has been promoted to Chief Investment Officer. In his new role, Mr. Greifeld will oversee Runway's investment strategy, deal structuring, and portfolio management as the firm continues its mission of providing flexible financing solutions to high-growth companies.
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Fortress Expands Non-Sponsor Private Lending Team with Key Appointments
February 25, 2025Fortress Investment Group (“Fortress”) today announced the expansion of its non-sponsor private lending team with the appointment of Eric Hartman and Bill Tefft as Directors in Private Credit Origination.
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Corpay® Upsizes Credit Facility by $750 million
February 25, 2025Corpay, Inc. (NYSE: CPAY), a global S&P 500 corporate payments company today announced that it successfully closed on an amendment to its Term Loan B credit facility that resulted in an increase of $750 million. The transaction is leverage neutral, and the interest rate and maturity remain consistent with the existing credit facility. Initially, the Company will use the proceeds to pay down its revolver balance, resulting in approximately $1.5 billion of undrawn capacity on the revolver.
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First Citizens Bank Provides Financing to Proof of the Pudding
February 25, 2025First Citizens Bank announced today that its Sponsor Finance group provided financing to Proof of the Pudding, a Bruin Capital portfolio company.
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SLR Business Credit Provides a Combined Credit Facility of $50 Million for Southern Transport LLC and Southern Lifting and Hoisting LLC
February 25, 2025SLR Business Credit (SLRBC) is pleased to announce the funding of two new senior secured credit facilities for Southern Transport LLC and Southern Lifting and Hoisting LLC (“Southern Group” or the “Company”). Southern Group provides transportation of specialized heavy equipment through its Southern Transport Company and crane, hauling, storage, and logistics services through its Lifting and Hoisting Company.
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Monroe Capital Supports Avathon Capital’s Acquisition of Yellow Brick Road Early Childhood Center
February 25, 2025Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility and equity co-investment to support the acquisition of Yellow Brick Road Early Childhood Development Center (“Yellow Brick Road”) by Avathon Capital.
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Apollo to Acquire Bridge Investment Group
February 25, 2025Apollo (NYSE: APO) and Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge” or the “Company”) today announced they have entered into a definitive agreement for Apollo to acquire Bridge in an all-stock transaction with an equity value of approximately $1.5 billion.
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JPMorgan Leans Into Direct Lending with Fresh $50B Commitment
February 25, 2025JPMorgan Chase & Co. is dramatically ramping up its direct-lending effort, setting aside an additional $50 billion to capture a bigger chunk of the fast-growing market. The bank is making the fresh commitment after deploying more than $10 billion from its balance sheet across over 100 private credit deals since 2021, according to Troy Rohrbaugh, co-head of JPMorgan’s commercial and investment bank, and global head of capital markets Kevin Foley.
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Gordon Brothers Launches Commercial Equipment Finance Offering
February 25, 2025Gordon Brothers, the global asset experts, has launched a Commercial Equipment Finance offering to middle-market businesses seeking efficient equipment financing options on both a direct and indirect basis.
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Gold Royalty Announces Amended and Upsized Revolving Credit Facility to Maximum $75 Million at Reduced Interest Cost and Extended Maturity and Provides an Update on Selected Portfolio Assets
February 24, 2025Gold Royalty Corp. ("Gold Royalty" or the "Company") (NYSE American: GROY) is pleased to announce that it has entered into an amendment agreement with the Bank of Montreal and the National Bank of Canada to amend and upsize its existing revolving credit facility (the "Facility"). The changes reduce Gold Royalty's borrowing costs and improve balance sheet flexibility.
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Rockland Trust Appoints John Doucette as SVP and Managing Director of Middle Market and Specialized Banking
February 24, 2025ockland Trust announced the appointment of John Doucette as Senior Vice President and Managing Director of Middle Market and Specialized Lending. In this role, Doucette will oversee the Middle Market and Specialized Lending divisions, focusing on driving portfolio growth, optimizing lending strategies, and strengthening relationships within target sectors.
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AmRock Financial Launches Advisory Services to Drive Strategic Portfolio Growth for its Network of Banks & Lenders
February 24, 2025AmRock Financial, a top financier for small and mid-sized companies through its exclusive network of 1,700 banks and lenders, announces the launch of its new Advisory Services. This initiative assists lenders in refining their market positioning and executing go-to-market strategies with precision, ensuring competitive and sustainable revenue growth within their investment portfolios.
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Access Capital Provides City Safe Partners with Credit Facility
February 24, 2025City Safe Partners, a woman and minority-owned business located in the heart of New York City, is comprised of a team of former executives of the NYPD as well as veteran security professionals.
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Republic Business Credit Provides $1.5 Million Factoring Facility to Fuel Growth for Apparel Manufacturer
February 24, 2025Republic Business Credit has provided a $1,500,000 non-recourse factoring facility to a California-based apparel manufacturer, fueling the company’s growth plans. The facility offers the manufacturer advances on its receivables, along with the security of credit protection and outsourced receivables management.
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The Secured Lender

SFNet's Women in Secured Finance Issue