- Waldencast Reports Q4 2024 and Fiscal Year 2024 Financial Results, Enters Into a New $205 Million Five-Year Credit Facility
- Wingspire Capital Provides a Revolver to Halo Dream To Support Acquisition of Baby Merlin
- Triumph Financial Announces New Leadership Appointments
- Attorney Alexander D. Schultheis Joins Cohn & Dussi as Senior Associate
- Crown Partners Solves Urgent Special Situations ABL Need
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
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First Bank Names Donna Calderaro as Market Executive for Asset-Based Lending
First Bank is pleased to announce the appointment of Donna Calderaro as Market Executive for its Asset-Based Lending (ABL) business. In this role, she will report to Michael Maiorino, President of ABL and Florida Commercial Banking.
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With almost 40 years in commercial finance, including recent roles at Bridgeport Capital and Bay View Funding, and a strong commitment to helping businesses secure working capital, Seidenberger brings substantial industry knowledge to Franklin Capital’s senior team. Here we sat down with Seidenberger to learn more about his new role at Franklin Capital and his predictions for the industry this year.
TSL Express Daily Headlines & News
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Yara Refinances Revolving Credit Facility With 11 Banks
March 24, 2025Yara has signed a USD 1,400 million multicurrency revolving credit facility with a syndicate of 11 banks. The facility matures in March 2030, with options for extension until March 2032 on certain terms. The facility replaces an existing facility due to expire in July 2026.
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InterNex Capital Announces $2.5 Million Facility to Electrical Maintenance Company
March 24, 2025A long tenured and leading NYC based electrical maintenance company needed an innovative lender who possessed a deep knowledge of their industry and who could provide structural flexibility.
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Versant Funds $3 Million Non-Recourse Factoring Facility to Housewares Designer & Distributor
March 24, 2025Versant Funding LLC is pleased to announce it has funded a $3 million non-recourse factoring facility to a company which designs and distributes housewares through major grocery and retail channels.
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Clarus Capital Closes $17 Million Loan Financing for Publicly Traded Energy Services Provider
March 24, 2025Clarus Capital (“Clarus”) announced today the successful completion of a new $17 million loan facility for a publicly traded energy services provider. Funding proceeds will be used to acquire new storage equipment servicing a longstanding contract with one of the company’s key customers.
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23andMe Initiates Voluntary Chapter 11 Process to Maximize Stakeholder Value Through Court-Supervised Sale Process
March 24, 202523andMe Holding Co. (“23andMe” or the “Company”) (Nasdaq: ME), a leading human genetics and biotechnology company, today announced that it has initiated voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the Eastern District of Missouri (the “Court”) to facilitate a sale process to maximize the value of its business.
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KeyBank's Commitment to Building Relationships with Small and Middle Market Businesses Wins 12 National and Regional Best Bank Awards from Coalition Greenwich
March 24, 2025KeyBank (NYSE: KEY) is being recognized for its support of small and middle market business clients with twelve 2025 Best Bank Awards in middle market banking and small business. These awards reflect Key's sophisticated platform and depth of expertise for growth companies as well as its commitment to helping small businesses grow and run better.
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Wingspire Capital Provides a Revolver to Halo Dream To Support Acquisition of Baby Merlin
March 24, 2025Wingspire Capital is pleased to provide a senior secured revolving credit facility to HALO Dream Inc. to support its acquisition of Baby Merlin, expanding its offering of baby sleepwear products.
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Liberty Leasing Accelerates their Digital Transformation with Lendscape’s AI-ready Contract Management Platform
March 24, 2025Liberty Leasing, a leading independent asset finance provider, has chosen Lendscape as its new contract management platform, accelerating its digital transformation journey with cutting-edge, AI-ready technology. By adopting Lendscape’s purpose-built, API-first asset finance platform, Liberty joins a growing roster of forward-thinking finance providers choosing to future-proof their operations and enhance the lending experience.
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MoonPay Obtains $200m Credit Facility From Galaxy
March 24, 2025MoonPay has secured a $200m “revolving credit facility” from Galaxy, a financial services firm specialising in cryptocurrency. This enables the company to manage increased transaction volumes driven by current market trends and continue servicing its expanding customer base and address liquidity needs promptly.
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Runway Growth Extends Credit Facility and Enhances Governance Profile
March 24, 2025Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth” or the “Company”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today provided two operational updates.
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Spencer Fane Gains Multi-Practice Partner in St. Louis, Expands Financial Services and Corporate Transactions Practices
March 24, 2025Spencer Fane LLP is pleased to announce John G. Willard joined the firm’s St. Louis office as a partner in the Banking and Financial Services and Corporate and Business Transactions practice groups, which continue to experience rapid but measured growth in response to increased client needs. Since late August, Spencer Fane has added 25 attorneys in these practice areas across 11 different markets.
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FalconX Launches First Tokenized Structured Credit Facility
March 24, 2025Structured credit has long been the backbone of global fixed-income markets, enabling institutions to efficiently finance lending activities. Yet, in crypto, institutional-grade credit remains largely untapped—until now.
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MidCap Advisors Welcomes Lisa Sonneborn as Healthcare Senior Advisor
March 24, 2025MidCap Advisors, a premier middle-market investment banking firm specializing in mergers and acquisitions, is pleased to announce that Lisa Sonneborn, MA, LMHC has joined the firm as a Healthcare Senior Advisor, enhancing its healthcare advisory services.
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Tripadvisor Announces Close on Term Loan B Facility
March 24, 2025Tripadvisor, Inc. (NASDAQ: TRIP) announced today that it has successfully closed a tack-on term loan B facility in the amount of $350.0 million pursuant to a Second Amendment to its Credit Agreement, dated as of June 26, 2015, as amended and restated.
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Kevin A. Krakora of Getzler Henrich Named to the American College of Bankruptcy 36th Class of Fellows
March 24, 2025Getzler Henrich & Associates LLC is pleased to announce that Kevin A. Krakora, CTP, Senior Managing Director, has been named a Fellow in the 36th Class of the American College of Bankruptcy. This distinguished honor is awarded to leading professionals who have demonstrated excellence, integrity, and significant contributions to the field of bankruptcy and insolvency.
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Comvest Credit Partners Provides Debt Financing to CyberMaxx to Support Refinancing and Strategic Acquisition
March 24, 2025Comvest Credit Partners, a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it is acting as Administrative Agent and is the sole lender on a senior secured credit facility (the “Financing”) for CyberMaxx (the “Company”), a Chicago-based provider of managed cybersecurity services.
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Morgan Stanley Investment Management Provides $125 Million Debt Financing to FreshBooks
March 24, 2025Morgan Stanley Investment Management announced today that funds managed by Morgan Stanley Expansion Capital and Morgan Stanley Private Credit have provided $125 million in senior debt financing to FreshBooks, one of the leaders in cloud-based accounting software for small businesses. This investment will refinance existing debt and is expected to fuel the company’s continued growth.
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Eclipse Business Capital Closes $160 Million Senior Secured Revolving Credit Facility
March 24, 2025Eclipse Business Capital LLC (“EBC”) announced that it has financed a $160 million senior secured revolving credit facility to a service provider in the oil & gas industry. The credit facility is secured by accounts receivable and inventory.
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Conestoga Capital Advisors Announces Succession Plans for Small Cap Growth Strategy
March 24, 2025Conestoga Capital Advisors, LLC has announced succession plans for its flagship Small Cap Growth strategy. At the end of 2025, Derek Johnston, Partner/Portfolio Manager, will succeed Joe Monahan as Co-Portfolio Manager for Conestoga's Small Cap Growth strategy.
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QuickLogic Announces the Amendment and Extension of Credit Facility
March 24, 2025QuickLogic Corporation (NASDAQ: QUIK) ("QuickLogic" or the "Company"), a leading provider of embedded FPGA (eFPGA) Hard IP, and ruggedized FPGAs, today announced that, effective March 17, 2025, it entered into an eighth amendment (the "Eighth Amendment") to its amended and restated credit facility, dated as of December 21, 2018 (as amended, the "Credit Agreement") to maintain the line of credit and extend the maturity date.
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The Secured Lender
SFNet's Women in Secured Finance Issue