- Grasshopper Bancorp, Inc. Announces Completion of Grasshopper Bank’s Merger With Auto Club Trust, FSB
- Hidden River Announces Investment in Miles Ahead Brands
- Mitsubishi HC Capital America and HD Hyundai Announce Strategic Relationship to Provide Cross-Border Construction Financing Programs
- Credit Funds Lawyer Susan Burkhardt Joins Kirkland & Ellis
- Pasadena Private Lending Closes on new $50 Million Institutional Round and Extends Senior Credit Facility
TSL Express Daily Articles & News
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Navigating 2025: SFNet’s Asset-Based Capital Conference Returns to Las Vegas with Premier Insights and Networking
SFNet’s Asset-Based Capital Conference returns to the Encore at the Wynn in Las Vegas February 11-12, 2025. Attendees will hear up-to-date market insights from industry leaders, thought-provoking discussions around the economy and industry dynamics, and networking opportunities with key decision makers.
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Numbers are the Symptom and not the Disease
When corporate profits are plummeting, people often say, “They’re having financial problems.” In reality, however, the numbers are the symptom and not the disease. The underlying disease—almost always—is mismanagement of the people, processes and systems through which a company provides its products and services. For that reason, operational restructuring, in tandem with financial restructuring, can produce significantly better bottom-line results than those created by financial restructuring alone.
TSL Express Daily Headlines & News
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Gridiron Capital Kick-starts its 20th Anniversary Year with Promotions
January 27, 2025Gridiron Capital, LLC (“Gridiron Capital” or “Gridiron”), an investment firm focused on partnering with founders, entrepreneurs, and management teams, is excited to announce the several well-deserved promotions by strong team performers including: Ryan Gardner and Aaron Stoppelmann to Principal, Nate Krause to Financial Planning and Analysis Manager, and Rohit Basu to Senior Associate.
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BlackArch Advises The Apollo Group on its Partnership with Oaktree Capital Management
January 27, 2025BlackArch Partners (“BlackArch”) is pleased to announce that The Apollo Group (“Apollo” or the “Company”) has received a strategic investment from Oaktree Capital Management (“Oaktree”).
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SFNet New Member Spotlight: PL Trade Finance
January 27, 2025PL Trade Finance USA Inc. operates globally, backed by a highly experienced team of professionals with over 40 years of expertise in commercial finance services. Its commitment to excellence and tailored financial solutions enables the company to support businesses worldwide, driving growth and liquidity at every stage of the supply chain.
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nFusion Provides $12 Million ABL Facility Builds Framework for Growth
January 27, 2025nFusion Capital announced it has provided a $12 million ABL facility for an employee-owned construction company, founded in 1984 in Anaheim, CA, specializing in interior and exterior wall systems, metal framed panels and partitions for commercial, institutional, and industrial clients, and constructing themed facades for the entertainment and gaming industries.
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First Financial Bank Expands to Michigan
January 27, 2025First Financial Bank (Nasdaq: FFBC) is expanding into Michigan with the introduction of Grand Rapids native and highly experienced banker Chris Turner as commercial market president, and the opening of a commercial banking office in Grand Rapids.
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Newly Launched Alliance Equipment Finance Brings Decades of Experience to Equipment Financing
January 27, 2025AFG and Lightbrook announce the launch of Alliance Equipment Finance (AEF) , a new standard of efficiency and expertise to equipment financing. Specializing in transactions ranging from $5 million and $50 million, AEF offers businesses streamlined financial solutions to support critical capital investments.
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Container Store Gets Court Approval for Bankruptcy Restructuring
January 27, 2025U.S. Bankruptcy Judge Alfredo Perez at a court hearing in Houston, Texas, overruled the objections of the U.S. Justice Department's bankruptcy watchdog to the deal's legal protections for the company's officers, directors, and lenders, finding that the Container Store had obtained consent from its creditors.
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Online Auction Features Bottling Lines from Food-Production Plant
January 27, 2025Well-maintained bottle-filling lines, plant-support equipment and material-handling assets will go to auction on January 28 in a food-and-beverage industry online auction by Tiger Group and M Davis Group.
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BHI Serves As Senior Lender for $99 Million Construction Loan To Renovate 95 Madison Avenue
January 27, 2025BHI, the U.S Branch of Bank Hapoalim, B.M. and a full-service commercial bank, today announced it will serve as the senior lender for a $99 million construction loan to renovate the 17-story office building at 95 Madison Avenue, also known as The Emmett Building, for residential use.
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Transom Capital Adds Mads Jorge to Investment Leadership Team
January 27, 2025Transom Capital Group (“Transom”) announced today that Mads Jorge has joined the firm as a Managing Director and senior member of the Investment Team. Jorge will draw on his extensive experience of public and private markets investing, as well as the relationships he has cultivated over three decades, to source, evaluate and expand new investment opportunities for Transom.
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President Michael P. Lyons to Depart PNC
January 27, 2025The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that President Michael P. Lyons is departing PNC to assume the President & CEO-Elect role at Fiserv. Lyons joined PNC in 2011 to serve as head of Corporate & Institutional Banking and was named president in 2024.
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MidCap Financial Closes $145mm Asset-Based Credit Facility to Newman Tractor
January 27, 2025MidCap Financial, a leading commercial finance company focused on middle market transactions, today announced it has provided a $145mm senior-secured, asset-based credit facility to Newman Tractor, LLC (“Newman Tractor” or the “Company”). Proceeds from the credit facility were used to refinance capital structure, general corporate purposes and will be available for ongoing working capital needs.
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Cloud Capital Funding Successfully Funds a $1,500,000 Factoring and Purchase Order Funding Facility To A Supplier to The Defense Department
January 27, 2025Cloud Capital Funding, a trusted leader in providing Factoring, Purchase Order Funding and Supply Chain Finance solutions to businesses, has successfully funded $1,500,000 accounts receivable factoring facility to a Woman Owned Business Enterprise (WBE) Supplier to the Defense Department based in Virginia.
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Paul Hastings Further Strengthens Investment Grade Finance Practice with Premier Capital Markets Attorney
January 27, 2025In a move that strategically enhances its Investment Grade Finance practice, Paul Hastings LLP today announced that capital markets attorney Jeffrey Ramsay has joined as a partner in the firm's New York office.
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IES Holdings Announces New $300 Million Credit Facility
January 23, 2025IES Holdings, Inc. (or “IES” or the “Company”) (NASDAQ: IESC) today announced that it has amended and restated its existing Credit and Security Agreement, increasing the commitment amount of the revolving credit facility to $300 million from $150 million and extending the maturity date to January 21, 2030 while expanding the size of the lending group.
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FlexGen Boosts Growth with $75 Million Revolving Credit Facility
January 23, 2025FlexGen Power Systems, LLC ("FlexGen"), a leading provider of energy storage solutions and software technology, announced today that it has secured a revolving credit facility (RCF) with J.P. Morgan. The $75 Million revolving credit facility is designed to support FlexGen's ambitious growth plans and reinforce its ability to deliver advanced energy storage technologies to enhance the reliability of today's electric grid and accelerate the transition toward an ever-new grid.
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Siena Lending Group Closes $30 Million Canadian Credit Facility for GSC Technologies Inc.
January 23, 2025Siena Lending Group LLC ("Siena"), is pleased to announce the closing of a $30 Million Canadian credit facility with GSC Technologies Inc (“GSC”) or the (“Company”).The new, five-year credit facility was used to finance the acquisition of GSC by Speyside Equity and will provide additional working capital for the Company’s projected growth.
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Loeb Stitches a Brighter Future for a Textile Company Client With a $3mm Term Loan
January 23, 2025A leading diversified textile company in North Carolina has successfully secured a $3 million machinery and equipment term loan from Loeb to address a critical shortfall in working capital. This strategic move enhances the company's financial stability and supports its continued growth.
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CIBC US Asset-Based Lending Gains Momentum, Closes $107 Million in new Commitments
January 23, 2025CIBC ABL closed four new transactions, totaling $107mln, in November and December 2024. The momentum and strong growth late in 2024 signals a positive outlook for the upcoming fiscal year with a depth of new deal flow still to come.
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Assembled Brands Capital Welcomes Abby Jonathan as Vice President of Originations
January 23, 2025Assembled Brands Capital is pleased to announce the appointment of Abby Jonathan as Vice President of Originations. In her new role, Abby will focus on driving the firm’s origination efforts, as well as expanding its lending portfolio and deepening its presence within the asset-based lending sector.
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The Secured Lender

SFNet's Women in Secured Finance Issue