- B. Riley Securities Serves as Lead Bookrunner to Atlanticus Holdings Corporation in $60 Million Senior Notes Offering
- Loeb Empowers an Electrical Contracting Company With a $3 Million Term Loan
- TAB Bank Welcomes Tami Fisher as New Chief Information Officer
- CVC Credit Prices $500m Apidos XLIX
- TSL Express Industry Deals
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Citigroup’s Shapleigh Smith Retiring; Shane Azzara to Head Asset-Based and Transitional Finance
Shane Azzara is taking over as head of asset-based and transitional finance at Citigroup Inc., succeeding Shapleigh Smith who is retiring as of May 1.
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The Pursuit of Happiness: How Robyn Barrett created a woman-owned empire in the factoring space while staying true to who she is
Robyn Barrett is the SVP, managing director of Oxford Commercial Finance (“OCF”). OCF offers factoring and asset-based lending lines of credit to small to mid-sized to access the capital needed to grow.
TSL Express Daily Headlines & News
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Gateway Trade Funding Completes 24 Stretch Finance Transactions Totaling More Than $5,300,000
June 25, 2024
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Gateway Trade Funding Completes 24 Stretch Finance Transactions Totaling More Than $5,300,000
June 25, 2024Gateway Trade Funding, a PO and Stretch Financing company, is pleased to announce that we have recently completed the following stretch finance transactions and a $150,000 facility for a Canadian shelving company; a $250,000 facility for a US logistics company and $75,000 facility for a Canadian commercial and residential company.
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Gateway Trade Funding Completes 24 Stretch Finance Transactions Totaling More Than $5,300,000
June 24, 2024Gateway Trade Funding, a PO and Stretch Financing company, is pleased to announce that we have recently completed the following stretch finance transactions and a $150,000 facility for a Canadian shelving company; a $250,000 facility for a US logistics company and $75,000 facility for a Canadian commercial and residential company.
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Culain Capital Announces $5 Million Accounts Receivable Financing Facility for Plastic Injection Molding Service Company
June 24, 2024Culain Capital Funding is pleased to announce the successful funding of a $5 million accounts receivable financing facility for a leading plastic injection molding service company. This strategic financial solution aims to support the company’s ongoing growth and future expansion plans.
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Mark Forrest Hired as SVP of Asset-Based Lending at Citizens
June 24, 2024Mark Forrest has joined Citizens as a senior vice president on our asset-based lending team to bring additional local focus and expertise as we continue to grow our presence in the Midwest and West regions. He will serve as a trusted advisor delivering best-in-class advice and insights to help our clients achieve their goals.
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Celestica Amends and Upsizes Credit Facility
June 24, 2024Celestica Inc. (TSX: CLS) (NYSE: CLS), a leader in design, manufacturing, hardware platform and supply chain solutions for the world’s most innovative companies, has amended its existing senior secured credit agreement (“Existing Facility”)*, with an upsizing of the total facility to $1.5 billion (“Amended Facility”) to support continuing growth.
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IDB Bank Arranges $201.5 Million in Financing for 21-SNF Portfolio
June 24, 2024New York-based IDB Bank has arranged a $201.5 million bridge-to-HUD loan for an unnamed operator of 21 skilled nursing facilities with locations in Georgia, Michigan, North Carolina and Texas.
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NeueHealth Secures up to $150 Million in New Term Loan Facility with Hercules Capital
June 24, 2024NeueHealth, Inc. (“NeueHealth” or the “Company”) (NYSE: NEUE), the value-driven healthcare company, today announced that it entered into a secured loan facility for up to $150 million with Hercules Capital, Inc. (NYSE: HTGC) ("Hercules").
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MidCap Financial Closes $20 Million Senior Secured Credit Facility to Wizeline
June 24, 2024MidCap Financial, a leading commercial finance company focused on middle market transactions, today announced it has provided a $20.0mm senior secured credit facility to Wizeline, Inc. (“Wizeline” or “Company”). Proceeds from the credit facility will support Wizeline’s growth and ongoing working capital needs.
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Encina Lender Finance Hires Structured Credit Industry Veteran Geoff Beard as Co-CEO to Lead Consumer/SMB Vertical
June 24, 2024Encina Lender Finance, LLC (“ELF”) announced today that it has hired structured credit industry veteran Geoff Beard as Co-CEO to lead the firm’s Consumer/SMB Vertical. Mr. Beard will work in partnership with Co-CEO Edward Chang, who will lead ELF’s Commercial Vertical, and will be opening a new office in San Francisco that will provide the firm with a presence on both coasts.
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Stonebriar Commercial Finance Closes CAD$130 Million Term Loan for a Leading Provider of Specialty Industrial and Environmental Services
June 24, 2024Stonebriar Commercial Finance (“Stonebriar”) today announced the closing of a seven-year CAD$130 million term loan for a leading provider of specialty industrial and environmental services to oil and gas, chemical, and manufacturing end markets. The loan, part of a leveraged buyout, is secured by all fixed assets of the company.
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Gibraltar Business Capital Provides Asset-Based Revolver to a Family Office-Owned Inspection and Testing Solutions Provider
June 24, 2024Aegeus Group has over 40 years of experience in advanced non-destructive testing, inspection, engineering, and staff augmentation solutions. The company serves diverse markets, including oil & gas, power, renewable energy, defense and aerospace, civil and building infrastructure, food and beverage, and other manufacturing companies.
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Gateway Trade Funding Completes 24 Stretch Finance Transactions Totaling More Than $5,300,000
June 24, 2024Gateway Trade Funding, a PO and Stretch Financing company, is pleased to announce that we have recently completed the following stretch finance transactions and a $150,000 facility for a Canadian shelving company; a $250,000 facility for a US logistics company and $75,000 facility for a Canadian commercial and residential company.
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Gateway Trade Funding Completes 24 Stretch Finance Transactions Totaling More Than $5,300,000
June 24, 2024Gateway Trade Funding, a PO and Stretch Financing company, is pleased to announce that we have recently completed the following stretch finance transactions and a $150,000 facility for a Canadian shelving company; a $250,000 facility for a US logistics company and $75,000 facility for a Canadian commercial and residential company.
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Gateway Trade Funding Completes 24 Stretch Finance Transactions Totaling More Than $5,300,000
June 24, 2024Gateway Trade Funding, a PO and Stretch Financing company, is pleased to announce that we have recently completed the following stretch finance transactions and a $150,000 facility for a Canadian shelving company; a $250,000 facility for a US logistics company and $75,000 facility for a Canadian commercial and residential company.
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Gateway Trade Funding Completes 24 Stretch Finance Transactions Totaling More Than $5,300,000
June 24, 2024Gateway Trade Funding, a PO and Stretch Financing company, is pleased to announce that we have recently completed the following stretch finance transactions and a $150,000 facility for a Canadian shelving company; a $250,000 facility for a US logistics company and $75,000 facility for a Canadian commercial and residential company.
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Gateway Trade Funding Completes 24 Stretch Finance Transactions Totaling More Than $5,300,000
June 24, 2024Gateway Trade Funding, a PO and Stretch Financing company, is pleased to announce that we have recently completed the following stretch finance transactions and a $150,000 facility for a Canadian shelving company; a $250,000 facility for a US logistics company and $75,000 facility for a Canadian commercial and residential company.
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Gateway Trade Funding Completes 24 Stretch Finance Transactions Totaling More Than $5,300,000
June 24, 2024Gateway Trade Funding, a PO and Stretch Financing company, is pleased to announce that we have recently completed the following stretch finance transactions and a $150,000 facility for a Canadian shelving company; a $250,000 facility for a US logistics company and $75,000 facility for a Canadian commercial and residential company.
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Gateway Trade Funding Completes 24 Stretch Finance Transactions Totaling More Than $5,300,000
June 24, 2024Gateway Trade Funding, a PO and Stretch Financing company, is pleased to announce that we have recently completed the following stretch finance transactions and a $150,000 facility for a Canadian shelving company; a $250,000 facility for a US logistics company and $75,000 facility for a Canadian commercial and residential company.
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Gateway Trade Funding Completes 24 Stretch Finance Transactions Totaling More Than $5,300,000
June 24, 2024Gateway Trade Funding, a PO and Stretch Financing company, is pleased to announce that we have recently completed the following stretch finance transactions and a $150,000 facility for a Canadian shelving company; a $250,000 facility for a US logistics company and $75,000 facility for a Canadian commercial and residential company.
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