- Gateway Trade Funding Completes 17 Stretch Finance Transactions Totaling Almost $5,000,000
- Gateway Trade Funding Completes 17 Stretch Finance Transactions Totaling Almost $5,000,000
- Asset-Based Lending & Factoring Surveys
- Pivot Energy Secures Over $450 Million in Major Financing of Distributed Generation Portfolios from First Citizens, ATLAS SP, and HASI
- Blue Bear Capital Closes Third Fund, Adding $200 Million to Platform for Machine Intelligence Investments into Energy, Infrastructure, and Climate Industries
TSL Express Daily Articles & News
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Assembled Brands Announces the Hiring of Genevieve Forsman and Juliana Clark
Assembled Brands is pleased to announce that Genevieve Forsman and Juliana Clark have joined its team as Portfolio Analysts in Los Angeles, CA. In this role, Forsman and Clark are responsible for account management, operational and collateral compliance, and portfolio monitoring.
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Leading the Way Forward: A Conversation with the Women of SFNet’s Management and Executive Committees
In 2010, only 19 women served on the SFNet Board of Directors, today there are 46. We’ve doubled the representation of women on the Executive Committee from three to six. Here, we speak with the six women who currently sit on SFNet’s Executive and Management Committees.
TSL Express Daily Headlines & News
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Cushman & Wakefield Announces Closing of $400 Million Senior Secured Notes Offering and $1,000 Million Term Loan Facility
August 24, 2023Cushman & Wakefield plc (NYSE: CWK) (“Cushman & Wakefield”) today announced that its indirect wholly owned subsidiary, Cushman & Wakefield U.S. Borrower, LLC (the “Company”), has closed its previously announced offering of $400 million of its 8.875% senior secured notes due 2031 (the “Notes”). The Notes were offered in a private placement exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”).
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New Deloitte Private Survey Finds Talent and Technology Fuel Top Capital Investment Priorities
August 24, 2023Today, Deloitte Private released the findings of a survey, “Private Company Outlook: Raising Capital,” asking C-level private business leaders in the U.S. about their near term strategies for navigating financial risks and opportunities.
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Brett Baumeister Joins The Middlefield Banking Company as Senior Vice President – Commercial Lending Western Region
August 24, 2023The Middlefield Banking Company, a wholly owned subsidiary of Middlefield Banc Corp. (NASDAQ: MBCN), today announced the appointment of Brett Baumeister as the Senior Vice President – Commercial Lending Western Region.
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Peapack Private Hires Ling Li, Senior Managing Director, Commercial Private Banker
August 24, 2023Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack Private, a division of Peapack-Gladstone Bank, are proud to announce that Ling Li has joined its commercial banking team as a Senior Managing Director, Commercial Private Banker.
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U.S. Bank Announces Updates to Recent Leadership Changes
August 24, 2023U.S. Bank today announced several updates to previously shared leadership changes that will be effective Sept. 1.
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SG Credit Partners Announces A Senior Debt Investment in Cora
August 24, 2023SG Credit Partners, through its SG Consumer Products division, is thrilled to announce its partnership with Cora, a modern woman’s wellness brand offering natural, organic period care. SG’s credit facility will support Cora’s expansion into traditional retailers and continue growing the brand so every body has access to better period care.
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Briar Capital Real Estate Fund Announces the Closing of a New $3.8MM+ Commercial Real Estate Loan to a Manufacturer of Wood Products for the Arts and Craft Industry
August 24, 2023Briar Capital Real Estate Fund (www.BriarCapital.com) is pleased to announce the closing of a new $3.8MM+ commercial real estate loan in Georgia to a manufacturer of wood products for the arts and craft industry.
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Mitsubishi HC Capital America Closes Inventory Finance Deals Valued at $400 Million
August 23, 2023Mitsubishi HC Capital America, the largest non-bank, non-captive finance provider in North America with $7.5 billion in owned and managed assets, recently closed two inventory finance transactions, totaling $400 million, to separate specialty vehicle partners to boost their purchasing power and enhance liquidity.
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First Citizens Bank Serves as Syndication Agent, Joint Lead Arranger and Joint Bookrunner on $400 Million Financing for Alex Lee Inc.
August 23, 2023First Citizens Bank announced that it served as syndication agent, joint lead arranger and joint bookrunner on a $400 million senior credit facility for Alex Lee Inc. The five-year revolving credit facility refinanced existing debt and increased the facility size to support the company's continued business growth.
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WeWork Taps Restructuring Advisers in Effort to Stave off Bankruptcy
August 23, 2023The co-working giant has hired real estate adviser Hilco Global, once again tapped consultant Alvarez & Marsal, and re-engaged law firm Kirkland & Ellis for advice on its options, according to the people, who spoke on the condition of anonymity because the matter is private.
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Encina Lender Finance Provides Inaugural Senior Credit Facility for Great Elm Healthcare Finance
August 23, 2023Encina Lender Finance, LLC (ELF) announced today the closing of an inaugural senior credit facility for Great Elm Healthcare Finance, LLC (GEHF).
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Sallyport Commercial Finance Closes $3 Million Creative Finance Solution for New Venture
August 23, 2023As the existing finance partner for another company in the same group, Sallyport was the first choice when it came to funding this new venture. The finance company had grown much faster than forecasted and needed to find a provider to help them with funding new property lending opportunities. Sallyport’s $3 million senior facility will help fund the purchase of new properties to add to their unique portfolio.
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MidCap Business Credit Close on a $16 Million Asset-based Credit Facility to E.R. Wagner Manufacturing Company
August 23, 2023MidCap Business Credit announced today they have closed on a $16,000,000 asset-based credit facility to E.R. Wagner Manufacturing Company, with locations in Menomonee Falls, WI., and Chicago, IL. E.R Wagner is a 120+ year old family held business which manufactures metal hinges and stampings, tubular components, casters, and wheels, that are sold primarily into the industrial and automotive industries.
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US Capital Global Provides Multi-Million-Dollar Sell-Side M&A Advisory to Socal Safe Company
August 23, 2023US Capital Global Securities LLC, an SEC-registered, FINRA-member broker-dealer affiliate of global private financial group US Capital Global, has provided multi-million-dollar sell-side M&A representation to Socal Safe Company (“Socal Safe”), a California-based industry leader in safes and security solutions.
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Partner David Stringer Joins Clifford Chance in the Firm’s New Houston Office
August 23, 2023Clifford Chance announces today that partner David Stringer has joined its new office in Houston. He joins Jonathan Bobinger, Jonathan Castelan, Trevor Lavelle, David H. Sweeney, Enoch Varner and Alexandra L. Wilde as the final of the batch of seven new partners in Houston.
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Stellus Capital Management, LLC Provides Senior Debt Financing in Support of Gallant Capital Partners’ Investments in DynTek and rSolutions
August 23, 2023Stellus Capital Management, LLC (“Stellus”) announced today that its affiliates provided senior debt financing to support Gallant Capital Partners’ (“Gallant”) investments in DynTek, Inc. (“DynTek”), a US-based professional IT services, cybersecurity, and risk management organization, and rSolutions Corporation (“rSolutions”), a Canadian-based cybersecurity firm.
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Trinity Capital Inc. Provides $12 Million Growth Capital to Delphinus Medical Technologies, Inc.
August 23, 2023Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-stage companies, today announced the commitment of $12 million in growth capital to Delphinus Medical Technologies, Inc. ("Delphinus"), a medical imaging company that has developed SoftVue™, a dense breast screening innovation that increases cancer detection and decreases unnecessary call backs, while delivering a comfortable patient experience.
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Silicon Valley Bank Appoints Head of Global Payments and Head of Global Digital Solutions
August 23, 2023Silicon Valley Bank (SVB), a division of First Citizens Bank, today announced Martin Murrell has been named Head of Global Payments and Milton Santiago was named Head of Global Digital Solutions. The new leaders will further SVB's commitment to innovative products, client solutions and exceptional client experience.
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Republic Business Credit Provides $2.5 Million Credit Facility to Texas-Based Beverage Company
August 23, 2023When a Texas-based beverage company was searching for capital to expand its operations, the company selected Republic Business Credit as its partner. Republic provided a credit facility, totaling $2.5 million, which will supply the energy drink brand with the resources for future growth.
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Wingspire Capital Provides Credit Facility to Versar for the Acquisition of the Operations & Maintenance Division of Louis Berger Services
August 23, 2023Wingspire Capital co-agented a senior secured financing for Versar, Inc. to refinance a previous credit facility and to provide capital for its acquisition of the Operations & Maintenance division of Louis Berger Services (“LBS”).
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The Secured Lender
SFNet's 80th Annual Convention Issue