- Gordon Brothers to Provide Real Estate Consulting Services in Support of Kirkland’s Store Growth Strategy
- SLR Equipment Finance Expands its Finance Team and Announces That Matt Colegrove has Joined the Company
- Hedgeweek Names CohnReznick 2024 Best Audit Firm: Overall
- Online Auction Features Rental and Production-Ready Audio, Video and Lighting Gear
- Mitsubishi HC Capital America Enhances Best in Class Vendor Portal
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
Today's Top Story
Featured
Factoring Sector Slightly More Optimistic as Industry Expects Better Business Conditions and Portfolio Performance
While lenders experienced subdued demand for factoring in 2023, reflecting soft consumer retail spending and a cautious retailer approach to inventory management, the Secured Finance Network (SFNet) Year-End Factoring Survey found that overall factoring sentiment improved somewhat last year, up 6.0, to 64.8 where 50 indicates a neutral outlook.
TSL Express Trending Story
Featured
The Ins & Outs of DEI Fatigue
Since the DEI “field” is a potpourri of research, advocacy, political ideations,
and personal perspectives from multiple fields, it is difficult for people to know which sources of information to trust. One of the latest urgent fascinations that has captured our collective attention is “DEI Fatigue.”
and personal perspectives from multiple fields, it is difficult for people to know which sources of information to trust. One of the latest urgent fascinations that has captured our collective attention is “DEI Fatigue.”
TSL Express Daily Headlines & News
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Comvest Credit Partners Serves as Joint Lead Arranger on $415 Million Senior Credit Facility For WildBrain
August 20, 2024Comvest Credit Partners (“Comvest”), a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it is acting as Joint Lead Arranger and is the co-Administrative Agent alongside Sagard on a $415 million senior secured credit facility (the “Financing”) for WildBrain Ltd. (“WildBrain” or the “Company”) (TSX: WILD), a global media leader in kids' and family entertainment.
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AlixPartners Bolsters Risk Advisory Practice in Asia with New Partner & Managing Director, Michael Peer
August 20, 2024AlixPartners, the global consulting firm, today announced that Michael Peer has joined the firm as Partner & Managing Director in Singapore, further strengthening its Risk Advisory practice in Asia.
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CapitalPlus Secures $800,000 in Factoring for CA Tech Installation Firm
August 20, 2024CapitalPlus Financial Services, a leading provider of construction invoice factoring, is proud to announce the successful onboarding of a California-based technology installation company. The company, previously partnered with another factoring firm, faced potential disruptions when their former provider ceased funding businesses in California.
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Gridiron Capital Expands Firm Resources with the Addition of Marcus Meyer
August 20, 2024Gridiron Capital, LLC (“Gridiron Capital”), an investment firm focused on partnering with founders, entrepreneurs, and management teams, is pleased to welcome Marcus Meyer to the firm as Managing Director, Capital Markets
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Airborne Capital Closes Its Debut Investment-Grade Corporate Note Financing
August 20, 2024Airborne Capital Limited (“Airborne Capital”), a leading global aircraft asset manager, announced the closing of a US$20.0 million investment-grade rated corporate note financing offered through its U.S. subsidiary Airborne Capital USA LLC.
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Winston & Strawn Represented The Vistria Group in its Acquisition of Soliant Health
August 20, 2024A Winston team led by Tim Kincaid represented The Vistria Group (Vistria) in its acquisition of Soliant Health (Soliant), a premier provider of workforce solutions in K-12 school districts and healthcare facilities throughout all 50 states.
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Pacific Avenue Capital Partners Announces Four Additions to the Team – CJ Faulwell, Michael Baccanari, Zane Crandall, and Justin Horriat
August 20, 2024Pacific Avenue Capital Partners, LLC (“Pacific Avenue”), a Los Angeles-based private equity firm focused on corporate divestitures and other complex situations in the middle market, announced that CJ Faulwell – Vice President, Michael Baccanari – Associate, Zane Crandall – Associate, and Justin Horriat – Associate have joined the firm.
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Stonebriar Announces Additions to the Originations Team
August 20, 2024Stonebriar Commercial Finance (“Stonebriar”) is pleased to announce two additions to its originations team. James Paterson and Vince Cornell joined Stonebriar as Managing Directors responsible for the development and management of relationships with clients, prospects and referral sources in the West and Southeast markets, respectively.
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BGCGW Announces Joint-Initiative With Cohnreznick on Youth Professional Development
August 20, 2024Today, Boys & Girls Clubs of Greater Washington (BGCGW) and CohnReznick announced that they will be working together to provide hands-on professional development learning experiences to BGCGW teens and young adults as they enter the workforce and make crucial decisions about career paths.
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Solifi Partners with LimePoint to Support Customer Access to Solifi’s Data Streaming Solution
August 20, 2024Solifi, a global fintech software partner for secured finance, announced that it has recently partnered with LimePoint, a technology specialist in real-time data processing and data streaming consumers, to broaden accessibility to Solifi’s data streaming microservice solution.
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National Business Capital Continues Strategic Hiring with Expert Vincent Campbell
August 20, 2024After several key strategic hires at National Business Capital (“NBC”), we’re excited to announce the hire of yet another seasoned industry veteran, Vincent Campbell.
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Monroe Capital Supports Goldman Sachs Alternatives’ Acquisition of Xpress Wellness
August 20, 2024Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility and equity co-investment to support the acquisition of Xpress Wellness, LLC ("Xpress") by Goldman Sachs Alternatives.
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AFC Gamma Provides a New Senior Secured Credit Facility to Private Company Q and Expands Existing Senior Secured Credit Facilities for BeLeaf Medical and Sunburn Cannabis
August 20, 2024AFC Gamma, Inc. (Nasdaq:AFCG) (“Advanced Flower Capital” or “AFC”) today announced it has closed a new senior secured credit facility for Private Company Q and expanded its existing senior secured credit facilities for BeLeaf Medical, LLC (“BeLeaf”) and Sunburn Cannabis (“Sunburn”) .
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EverBank Launches New Asset-Backed Finance Division
August 20, 2024EverBank is proud to announce the formation of its Asset-Backed Finance (ABF) division, following the merger of its Fund Finance and Specialty & Lender Finance businesses. This new division will be led by Jeff Johnston, EVP Head of Asset-Backed Finance, and will continue to build on the bank's wide range of capabilities focused on alternative asset managers and the private capital industry.
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Loeb Provides $1.5 Million Loan to Arizona Woodworking Company
August 19, 2024Loeb is excited to announce the successful funding of a $1.5 million loan to a woodworking client based in Arizona. This funding will enable the company to consolidate its existing debts and streamline its financial operations.
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Tradewind Finance Announces $17 Million Credit Facility for Best-Selling Sporting Goods Brand
August 19, 2024Tradewind Finance, an international trade finance company, today announced that it has closed a USD 17 million credit facility for a best-selling consumer product manufacturer offering at-home sporting equipment.
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Rosin Capital Group Launches Debt Capital Advisory Firm
August 19, 2024Rosin Capital Group is proud to announce the launch of a new debt capital advisory firm, founded and led by industry veteran John Rosin. With over 30 years of experience in direct lending, Rosin brings a deep understanding of the debt capital landscape. Most recently, he served as President and Chief Operating Officer of Wingspire Capital.
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Advantage Business Capital Provides $5MM Asset-Based Loan to Upstream Oilfield Services Company
August 19, 2024Advantage Business Capital, a subsidiary of Central Bank, today announces that its asset-based lending (ABL) division has approved and funded a $5MM working capital revolver to a Houston, Texas headquartered upstream oil and gas services company.
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Advantage Business Capital Welcomes Two New Employees to their Team
August 19, 2024Advantage Business Capital, a subsidiary of Central Bank, welcomes two new employees to their growing team. Liz Castillo, Senior Vice President, is Houston, Texas based and Lauren Hogan, Marketing Specialist, is Austin, Texas-based.
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GoldenTree Asset Management Expands Private Credit Team
August 19, 2024GoldenTree Asset Management LP (“GoldenTree”), a global asset management firm with approximately $55 billion in assets under management, has announced the hiring of Avineet Punhani as Principal. He will be based in the firm’s New York office and will report to Grady Frank, Partner and Head of Private Credit Origination.
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The Secured Lender
SFNet's 80th Annual Convention Issue