- Peritus Capital Secures Term Loan for Oberland Agriscience to Drive Sustainable Protein Production
- Cerebro Capital Facilitates Over $90MM in Financings for 10 Companies
- EverBank Expands Commercial Offerings with New Public Finance Business, Led by Trevor Mael
- Neon Closes New $200 Million Credit Facility Led by Comerica Bank
- S&P Global Market Intelligence's Big Picture M&A Report Examines the Drivers that Can Set the Pace for the Recovery in Dealmaking
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
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RelPro Promotes Rajmangal to President, Adds to C-Level Team
RelPro, the fast-growing business development and relationship management solution for Financial & Professional Services, today announced that Raaj Rajmangal has been appointed as President of RelPro. Rajmangal, who previously served as the company’s Chief Technology Officer, will now be responsible for RelPro’s strategic development and execution. RelPro CEO and Founder Martin Wise will continue as CEO to drive the corporate vision, working closely with RelPro’s clients and partners.
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Laura Kemper Glass, chair of SFNet’s WISF Committee, is senior vice president and senior portfolio manager for Bank of America Business Capital (BABC). Based in Atlanta, Glass is responsible for the middle market and large corporate asset-based lending portfolio in the Eastern United States and Europe and the lower middle market portfolio nationwide. In this role, she leads a team of credit professionals responsible for managing a $20 billion portfolio of credit commitments in the asset-based lending plus related products and solutions.
Editor’s Note: SFNet’s WISF Conference will be held June 15-16 in New York City. For details click here.
Editor’s Note: SFNet’s WISF Conference will be held June 15-16 in New York City. For details click here.
TSL Express Daily Headlines & News
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Aequum Capital Provides Increase in Loan Commitment to Total $9.0MM for an Asset-Based Revolver to a Midwest Based Specialty Online Pharmacy
September 12, 2023Aequum Capital is pleased to announce it recently closed an increase to bring the total commitment to $9,000,000 for a revolving credit facility to a Midwest based industry-leading, technology-focused independent online pharmacy.
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Siena Lending Group LLC Announces the Closing of a $37 Million Credit Facility for Camelot SI LLC D/B/A Sharper Image
September 12, 2023Siena Lending Group LLC ("Siena") is pleased to announce the closing of a $37MM revolving credit facility for Sharper Image. The facility was used to refinance Sharper Image’s existing senior debt and support the Company’s working capital needs. Siena worked closely with ownership and management to craft a creative financing solution that uniquely supports the company during both its high and low seasons.
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eCapital Drives Notable Summer Growth, Securing ABL Deals Exceeding $160MM
September 12, 2023eCapital Corp. ("eCapital" or "the Company"), a leading finance provider for businesses across North America and the U.K., announced a successful summer surge in deals within its Asset-based Lending (ABL) Group. With a combined aggregate value exceeding $160MM in new facility commitments, these recent transactions underscore eCapital's commitment to fostering expansion and accelerating access to capital for SMBs.
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Gridiron Capital Promotes Brynn Jackel to Senior Associate
September 12, 2023Gridiron Capital, LLC (“Gridiron Capital”), an investment firm focused on partnering with founders, entrepreneurs, and management teams, is pleased to announce that Brynn Jackel has been promoted to Senior Associate.
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Oxford Commercial Finance Provides $750,000 Accounts Receivable Purchase Facility to a Utah-Based Wholesaler
September 12, 2023Oxford Commercial Finance provides a $750,000 accounts receivable purchase facility to a Utah–based wholesaler of computer accessories.
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Abacus Finance Provides Senior Debt Financing to Support the Add-On Acquisition by Artemis for Maury Microwave of Wireless Telecom Group
September 12, 2023Abacus Finance Group, LLC – a leading provider of cash flow-based, classic senior debt for sponsor-led buyouts of lower middle-market companies – today announced that it served as Senior Secured Credit Facilities Administrative Agent and Lead Arranger to support the add-on acquisition by Artemis for Maury Microwave of Wireless Telecom Group.
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Luke Joyner Joins First Business Bank’s Asset-Based Lending Team
September 12, 2023First Business Bank welcomes Luke Joyner to its Asset-Based Lending team as Vice President – Asset-Based Lending. Luke Joyner brings more than 10 years of experience in finance and Asset-Based Lending to First Business Bank. He began his career at CIT Commercial Services where he held roles as a Credit Analyst and Business Development Officer.
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Comvest Partners Announces Hiring of Lee Landrum as Partner, Head of Investor Relations
September 12, 2023Comvest Partners (“Comvest”), an operationally-focused middle-market private investment firm, today announced that private credit investment veteran Lee Landrum has joined the firm as a Partner and Head of Investor Relations.
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The J. M. Smucker Co. to Acquire Hostess Brands to Accelerate Focus on Convenient Consumer Occasions
September 12, 2023RBC Capital Markets LLC is serving as lead financial advisor to the Company in connection with the transaction. BofA Securities is also serving as financial advisor to the Company. Wachtell, Lipton, Rosen & Katz is serving as the Company's legal advisor.
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Wingspire Capital Provides a Senior Secured Facility to Lenny & Larry’s
September 12, 2023Wingspire Capital LLC (“Wingspire”) provided senior secured capital, as part of an agented transaction by TCW Asset Management Company LLC, to Lenny & Larry’s as the better-for-you healthy cookie company refinances debt and grows its business.
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SLR Healthcare ABL Provides Financing to Therapy Staffing Company
September 12, 2023SLR Healthcare ABL is pleased to announce that it provided a $4 million asset-based revolving line of credit to a therapy staffing company.
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Gateway Trade Funding Completes 21 Stretch Finance Transactions Totaling More Than $5,230,000
September 12, 2023Gateway Trade Funding, a PO and stretch financing company, is pleased to announce that we have recently completed the following stretch finance transactions:
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Gateway Trade Funding Completes 21 Stretch Finance Transactions Totaling More Than $5,230,000
September 12, 2023Gateway Trade Funding, a PO and stretch financing company, is pleased to announce that we have recently completed the following stretch finance transactions:
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Gateway Trade Funding Completes 21 Stretch Finance Transactions Totaling More Than $5,230,000
September 12, 2023Gateway Trade Funding, a PO and stretch financing company, is pleased to announce that we have recently completed the following stretch finance transactions:
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Gateway Trade Funding Completes 21 Stretch Finance Transactions Totaling More Than $5,230,000
September 12, 2023Gateway Trade Funding, a PO and stretch financing company, is pleased to announce that we have recently completed the following stretch finance transactions:
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Gateway Trade Funding Completes 21 Stretch Finance Transactions Totaling More Than $5,230,000
September 12, 2023Gateway Trade Funding, a PO and stretch financing company, is pleased to announce that we have recently completed the following stretch finance transactions:
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Gateway Trade Funding Completes 21 Stretch Finance Transactions Totaling More Than $5,230,000
September 12, 2023Gateway Trade Funding, a PO and stretch financing company, is pleased to announce that we have recently completed the following stretch finance transactions:
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Gateway Trade Funding Completes 21 Stretch Finance Transactions Totaling More Than $5,230,000
September 12, 2023Gateway Trade Funding, a PO and stretch financing company, is pleased to announce that we have recently completed the following stretch finance transactions:
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Gateway Trade Funding Completes 21 Stretch Finance Transactions Totaling More Than $5,230,000
September 12, 2023Gateway Trade Funding, a PO and stretch financing company, is pleased to announce that we have recently completed the following stretch finance transactions:
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Gateway Trade Funding Completes 21 Stretch Finance Transactions Totaling More Than $5,230,000
September 12, 2023Gateway Trade Funding, a PO and stretch financing company, is pleased to announce that we have recently completed the following stretch finance transactions:
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