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- Sallyport Commercial Finance Provides a $500,000 Factoring Facility for a Natural Energy Drink Company
- Republic Business Credit Supports Growth of UK-based Automotive Electronics Equipment Manufacturer with $3.5 Million Factoring Facility
- Xponential Fitness, Inc. Announces Debt Refinancing, New Credit Facilities
- Samba TV Secures Up to $60 Million Growth Capital Facility from Horizon Technology Finance
TSL Express Daily Articles & News
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Great Rock Capital Agents $90 Million Term Loan with Astronics Corporation
Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced the January 19, 2023, closing of a $90 million senior secured term loan facility with Astronics Corporation (“Astronics”), an aerospace electronics corporation that provides advanced technologies to the world’s aerospace, defense, and other mission critical industries. Astronics (Nasdaq: ATRO) is a publicly traded company on the Nasdaq stock exchange.
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SFNet Announces No Risk Policy for 77th Annual Convention
We’re excited to bring the secured finance community together live and in-person at SFNet’s 77th Annual Convention – Adapt. Renew. Grow. – on November 3rd-5th in Phoenix.
We recognize that there is a lot of uncertainty right now, so SFNet has instituted a no-risk registration policy* that gives you the flexibility to sign up today with an option to cancel your in-person attendance for any reason up to the day before the Convention. We’ll refund you the difference between our in-person cost and our virtual rate so you can easily convert to online attendance if anything changes between now and November 2nd.
TSL Express Daily Headlines & News
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TD Bank Welcomes Jill Gateman as Head of Middle Market Products & Services
October 16, 2023TD Bank, America's Most Convenient Bank®, announces Jill Gateman as Head of Middle Market Products & Services within TD's Commercial Bank. Gateman will lead TD's Commercial Bank Middle Market growth strategy, focusing on deepening market penetration in TD's existing markets while driving national expansion for customers with revenue of $100 million to $1 billion.
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Tempur Sealy Closes $1.65 Billion in Credit Facilities
October 12, 2023Tempur Sealy International has completed the closing of its $1.65 billion senior secured credit facilities and will use the proceeds to refinance its existing facilities.
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U.S. Middle Market Shows Strongest Earnings Growth in Two Years
October 12, 2023Middle market private companies in the Golub Capital Altman Index grew earnings by 13% during the first two months of the third quarter of 2023, the highest year-over-year earnings growth since Q3 of 2021. Revenue grew 8% during the same period.
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AlixPartners Strengthens Turnaround and Restructuring Services in Asia with New Partner & Managing Director, Patrick Bance
October 12, 2023AlixPartners, the global consulting firm, today announced that Patrick Bance has joined its Turnaround & Restructuring practice as a Partner & Managing Director in the Singapore office.
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Access Capital Provides $15 Million Credit Facility to Phaxis
October 12, 2023Phaxis is a New York-based provider of workforce solutions and specializes in delivering tailored solutions to companies across the healthcare, technology, and finance sectors.
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Barnes & Thornburg Adds National Healthcare Finance Team
October 12, 2023Barnes & Thornburg announced today that healthcare and public finance partners M. Elizabeth Walker and Jerimi J. Ullom have joined the firm’s Indianapolis office. Previously, Elizabeth and Jerimi worked together at a national healthcare-focused law firm, where they represented public and private clients in a myriad healthcare and finance matters for more than 15 years.
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Manulife Investment Management Provides Mezzanine Financing for 373,000 SF Mixed-Use Property in Chicago
October 12, 2023Manulife Investment Management has announced that it has provided a $120.1 million mezzanine loan on behalf of its clients for a construction financing package to develop 919 on Fulton, a Class A, 373,000 square foot office and retail project located in the Fulton Market district of Chicago.
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Victoria Gold Amends Secured Loan Facility
October 12, 2023Victoria Gold Corp. (TSX-VGCX) (“Victoria” or the “Company”) is pleased to announce that it has further amended its secured debt agreement (the “Loan Facility”) dated December 18, 2020, as amended December 20, 2021, June 16, 2022 and February 17, 2023. The Loan Facility is comprised of a term loan (the “Term Facility”) and a revolving credit facility (the “Revolving Credit Facility”).
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FTI Consulting Expands Strategy Consulting Business with Launch of FTI Delta
October 12, 2023FTI Consulting, Inc. (NYSE: FCN) today announced the launch of FTI Delta, a global, industry-specialized strategy consulting practice that delivers tangible value to clients, from strategy definition to execution. FTI Delta will compete directly with traditional strategy consulting firms leveraging its differentiated value proposition.
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Armory Advises Equilibrium Capital in AppHarvest Bankruptcy
October 12, 2023AppHarvest is a sustainable food company that developed and operated one of the world’s largest networks of high-tech indoor farms comprising 165 acres of glass greenhouse facilities on four farms in Kentucky producing tomatoes, salad greens, strawberries and cucumbers.
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Online Auction Features More than 1,000 Lots of Pro-Grade Production Rental Gear from North American Leader PRG
October 12, 2023In an October 24 online auction, Tiger Group once again is offering professional audio-visual gear from the existing inventories of production rental leader PRG.
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Express Wash Concepts Secures Incremental $150M Credit Facility from MidCap Financial to Fuel Core Market Greenfield Expansion
October 11, 2023Express Wash Concepts (EWC) announced today that it has successfully secured a $150 million incremental credit facility led by MidCap Financial to further propel its core market greenfield development. This new facility empowers EWC to maintain its responsible, multi-brand expansion strategy, currently encompassing 91 operational sites, 10 sites under construction, and an additional 35 in various stages of development.
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SWK Holdings Corporation Increases Revolving Credit Facility to $60 Million
October 11, 2023SWK Holdings Corporation (Nasdaq: SWKH) ("SWK" or the "Company"), a life-science-focused, specialty finance company catering to small- and mid-sized commercial-stage companies, today announced an amendment to its revolving credit facility. The amended credit facility provides total commitments of $60 million, including a new $15 million commitment from Woodforest National Bank ("Woodforest") and an existing $45 million commitment from First Horizon Bank.
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Clifford Chance Hires Strategic Technology, Outsourcing and Commercial Transactions Counsel Kelley Bledsoe in Washington, DC
October 11, 2023Washington, DC: Global law firm Clifford Chance announced today the hire of counsel Kelley Bledsoe in Washington, DC. Bledsoe's practice focuses on strategic technology, outsourcing and commercial transactions that facilitate successful, long-term business relationships and drive significant cost savings for clients.
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Ares Management Corporation and Vinci Partners Announce Strategic Partnership and Investment
October 11, 2023Ares Management Corporation (“Ares”) (NYSE: ARES) and Vinci Partners Investments Ltd. (“Vinci Partners” or “Vinci”) (NASDAQ: VINP) announced today that they have reached an agreement to form a strategic partnership to accelerate the growth of Vinci's platform in Latin America and to collaborate on distribution, product development and other business opportunities (the “Strategic Partnership”).
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Horizon Technology Finance Fuels Mirantis with $35MM Venture Loan Facility
October 11, 2023Horizon Technology Finance, an affiliate of Monroe Capital, recently announced that it has provided a $35 million venture loan facility to Mirantis, Inc. This loan facility will support Mirantis’ general growth and working capital needs.
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BMO Announces Retirement of Dan Barclay, Names Alan Tannenbaum CEO, BMO Capital Markets
October 11, 2023BMO Financial Group (TSX:BMO) (NYSE:BMO) today announced the upcoming retirement of its Chief Executive Officer & Group Head, Capital Markets, Dan Barclay, and the appointment of Alan Tannenbaum into the role. After a 32-year investment banking career, Mr. Barclay will transition to a role as Senior Advisor to the CEO. Mr. Tannenbaum will also join the bank's Executive Commi
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Anne Mask Joins Oxford Commercial Finance (OCF) as VP, Business Development Officer
October 11, 2023Anne Mask joins Oxford Commercial Finance (OCF) as Vice President, Business Development Officer. In this role she will oversee outbound sales, including helping entrepreneurs in alleviating cashflow challenges with financing facility to achieve short- and long-term goals. She will also assist in managing prospects from initial contact and need assessment through underwriting and sales completion.
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Survey: Factoring Sector of Finance Industry Shows Resilience Despite Decreased Volume
October 11, 2023The factoring sector began 2023 on a positive note and has continued to show resilience in an uncertain economy, according to the MidYear Factoring Industry Survey, released by the Secured Finance Network (SFNet). The survey included the Factoring Confidence Index, which found that despite a lingering threat of recession, member organizations are optimistic about the demand for new business and portfolio performance.
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Hilco Redevelopment Partners Announces Advisory Board
October 11, 2023Leading Transformational Redevelopment Company Names Former Penn President; Former U.S. Army Corps of Engineers Commanding General; National Energy Industry and Environmental Law Leaders to Corporate Advisory Board
The Secured Lender
SFNet's The 81st Annual Convention Issue

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