- BHI Provides $38.7 Million in Financing to EPIRE for the Construction of One Jones Park, A 75 Unit Multifamily Development at 387 8th Street in Jersey City
- Gateway Trade Funding Completes 17 Stretch Finance Transactions Totaling Almost $5,000,000
- EverBank Expands Commercial Offerings with New Public Finance Business, Led by Trevor Mael
- Regulators Hit Pause Button on Basel III Endgame
- Gateway Trade Funding Completes 17 Stretch Finance Transactions Totaling Almost $5,000,000
TSL Express Daily Articles & News
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Gordon Brothers Names Samantha Schackman Director, Business Development
Gordon Brothers, the global advisory and investment firm, has named Samantha Schackman Director, Business Development.
Schackman works with asset-based lending, investment banking and private equity professionals in Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont to identify valuation, disposition and lending opportunities for Gordon Brothers and will expand the firm’s presence in the Northeast.
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The Art and Science of Loaning Against Trademarks
Trademarks are one of the fastest-growing collateral categories in the ABL sector—due in no small part to the ease with which owners of properly supported brands can sell their products via multiple channels, including e-commerce, m-commerce, wholesale distribution, and retail stores. On the consumer side, younger generations are driving much of the e-commerce and m-commerce demand. They have grown up absorbing branded content on Tik-Tok and Instagram and have also discovered the convenience of making brick-and-mortar returns.
TSL Express Daily Headlines & News
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CohnReznick Takes Root in the Rocky Mountain Region with New Denver Office
September 19, 2023CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that it is opening an office in Denver, Colorado to house a growing team of professionals in the area.
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Wintrust Business Credit Announces the Closing of a New $7 Million ABL Line of Credit To Support Acquisition of Leading Seafood Distributor
September 19, 2023Wintrust Business Credit (WBC) is happy to announce the closing of a new $7 million asset-based line of credit to support the acquisition of a Minnesota-based distributor of fresh and frozen seafood.
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Gridiron Capital Continues to Expand Investment Team
September 19, 2023Gridiron Capital, LLC (“Gridiron Capital”), an investment firm focused on partnering with founders, entrepreneurs, and management teams, is pleased to welcome Hailey Wynn and Scott Voigt to the firm as Associates. Gridiron continues to prioritize investing in its internal capabilities and adding strong talent across all levels of its team.
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Horizon Technology Finance Management Expands Origination Team
September 19, 2023Horizon Technology Finance Management LLC ("Horizon"), the manager and investment adviser for Horizon Technology Finance Corporation (NASDAQ: HRZN) and an affiliate of Monroe Capital, today announced that it has hired Paul A. D'Agrosa as Vice President, Business Development. Horizon underwrites and manages secured loans made to companies in the technology, life science, healthcare information and services, and sustainability industries.
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SLR Welcomes Chris York as a Partner
September 19, 2023SLR Capital Partners, LLC ("SLR"), a private credit platform specializing in direct lending to U.S. middle market companies, announces that Chris York has joined the firm as a Partner. York will focus on product and business development, leveraging his 17 years of experience in the credit and alternatives investment industry.
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Gibraltar Provides $13MM to Custom Game Manufacturer USAopoly
September 18, 2023Traditional, regulated lending environments are often too restrictive for the evolving needs of certain businesses, including those impacted by seasonal fluctuations. Consequently, in preparation for their upcoming peak season, the team at USAopoly sought a more adaptable solution to their financing needs – and quickly.
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SLR Business Credit Adds Bouville as SVP of Business Development
September 18, 2023SLR Business Credit (SLRBC) is pleased to announce that François Bouville has joined the company as Senior Vice President of Business Development. François Bouville started his career with a global bank in Liberia and ran the national sales force at the oldest life insurance company in the United Kingdom.
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Gannett Announces Additional Debt Reduction
September 18, 2023Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE: GCI) announced today it has repurchased approximately $15.0 million of 6.00% first lien notes due November 1, 2026 (the “2026 Senior Notes”) for approximately $13.1 million, representing a discount to par value.
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Austin Financial Services Closed a $2.5MM ABL Facility to a Texas Based Distributor of High-Quality Products Used in The Residential and Commercial Building Market
September 18, 2023Austin Financial Services, Inc. (AFS) is pleased to announce the closing of a $2.5MM credit facility to a distributor of foam, resin and other products sold to major retailers and used by builders/contractors in the residential & commercial market.
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SLR Digital Finance Closes $3 Million ABL Facility for Video Ad Tech Company
September 18, 2023SLR Digital Finance LLC (“SLR Digital Finance”) announces the funding of an asset-based revolving credit facility for a video advertising technology company.
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Big Cypress Capital, an SB360 Affiliate, 4 Rivers Property Group, and Declaration Partners Form Joint Venture to Develop Self-Storage Facilities in Southeast US
September 18, 2023Big Cypress Capital, an SB360 Capital Partners affiliate, along with 4 Rivers Property Group and Declaration Partners (the “Partnership”), recently announced the formation of a joint venture to develop ground-up Class A self-storage facilities in high-growth markets throughout the Southeastern US.
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Rosenthal Closes Multiple Factoring and Asset Based Lending Deals With Popular Food & Beverage Brands
September 18, 2023Rosenthal & Rosenthal, Inc., the leading factoring, asset based lending, purchase order financing, d2c and e-commerce inventory financing firm in the United States, today announced the completion of several factoring and asset based lending deals for food & beverage companies.
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Rosenthal Closes Multiple Factoring and Asset Based Lending Deals With Popular Food & Beverage Brands
September 18, 2023A rapidly growing Latin American-based Mexican food company was also experiencing rapid growth and required additional working capital. The company was being backed by a highly successful entrepreneur and sales were skyrocketing from relationships with major retailers and grocers.
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Rosenthal Closes Multiple Factoring and Asset0Based Lending Deals With Popular Food & Beverage Brands
September 18, 2023A popular and fast-growing ready-to-drink beverage company based in Massachusetts was seeking an incremental working capital facility to support its plans to increase distribution nationwide.
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Rosenthal Closes Multiple Factoring and Asset Based Lending Deals With Popular Food & Beverage Brands
September 18, 2023Rosenthal & Rosenthal, Inc., the leading factoring, asset-based lending, purchase order financing, d2c and e-commerce inventory financing firm in the United States, today announced the completion of several factoring and asset based lending deals for food & beverage companies.
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Klaudio Nikolla Joins Peapack Private as Senior Managing Director, Commercial Private Banker
September 18, 2023Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack Private, a division of Peapack-Gladstone Bank, are proud to announce the appointment of Klaudio Nikolla, Senior Managing Director, Commercial Private Banker.
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Maja Lindstrom Joins Angelo Gordon as Managing Director as Firm Establishes Presence in the Nordics
September 18, 2023Angelo, Gordon & Co., L.P. (“Angelo Gordon” or the “Firm”), a $73* billion alternative investment firm focused on credit and real estate investing, today announced that Maja Lindstrom, former Managing Director, EMEA Business Development at Barings, has joined the Firm as a Managing Director in its Client Partnership Group.
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Star Mountain Capital Hires Former BlackRock Managing Director, Amon Johnson
September 18, 2023Star Mountain Capital, an employee-owned, specialized investment manager with approximately $3.5 billion in assets under management targeting systematic alpha and low market-correlated returns for its institutional and high-net-worth clients, announced that Amon Johnson, former Managing Director at BlackRock joined full-time as a Managing Director.
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Eclipse Business Capital Adds Brandon Hodges to its Business Development Team
September 18, 2023Eclipse Business Capital, LLC (“EBC”) announced today that Brandon Hodges has joined the organization as a Managing Director.
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Barclays Appoints Vignon and Oberle for Financial Sponsors Group
September 18, 2023Barclays (BARC.L) said on Thursday it has hired two senior bankers for its financial sponsors group to oversee relationships with private equity clients. The British lender appointed Tom Vignon as a managing director in the financial sponsors group for the Europe, the Middle East and Africa (EMEA) region, it said in a statement.
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