TSL Express Daily Articles & News
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MidFirst Business Credit Appoints John Nooney as President
MidFirst Business Credit (the “Company”), a subsidiary of MidFirst Bank, the largest privately owned bank in the nation, today announced the appointment of John Nooney as President. Dennis Schlesner, former President of MidFirst Business Credit, retired on October 1, 2024.
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Eyes on the Future: SFNet Welcomes its Youngest President in 80 Years
Robert Meyers, managing member and president of Republic Business Credit, discusses his over 10 years of SFNet involvement to where he is today, as well as his goals as SFNet’s incoming president, which include creating a larger and more inclusive community to benefit its members and accelerate access to those in need of capital.
TSL Express Daily Headlines & News
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Hancock Whitney Names Matt Mouledous as Director of Asset Based Lending
November 14, 2024Hancock Whitney—one of America’s strongest, safest banks—has named Matt Mouledous managing director of its asset based lending (ABL) division, Hancock Whitney Business Capital.
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Equify Financial Launches Receivables Finance Division
November 14, 2024Equify Financial, a leader in commercial finance solutions, has announced the launch of its new division offering receivables lending and ABL capital solutions serving a variety of industry sectors.
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Abacus Finance Provides Senior Debt Financing to Support WestView Capital Partners’ Dark Horse Consulting in its Acquisition of BioTechLogic
November 14, 2024Abacus Finance Group, LLC – a leading provider of cash flow-based, classic senior debt for sponsor-led buyouts of lower middle-market companies – today announced that it served as Administrative Agent and Sole Lender to support WestView Capital Partners’ Dark Horse Consulting in its acquisition of BioTechLogic.
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Alleon Announces $5,000,000 Medical AR Financing Facility to a CA-Based Occupational Health Organization
November 14, 2024Alleon Healthcare Capital, LLC (“Alleon”), a specialty finance company focused on providing healthcare accounts receivable financing, medical accounts receivable factoring, and cash flow solutions to medical providers in the U.S., recently closed a $5,000,000 medical accounts receivable financing facility with an occupational health organization based in California (“Company”).
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SLR Business Credit Announces a Senior Debt Investment in Innovative Packaging Solutions
November 14, 2024SLR Business Credit (SLRBC) is excited to announce its partnership with Innovative Packaging Solutions (IPS), an established Southern California packaging firm that combines industry expertise, award-winning designs, and cutting-edge technology with a global reach to deliver the ultimate positive packaging experience from “factory to fingertips”.
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Pearlmark Announces Second Closing of Sixth Mezzanine Fund
November 14, 2024Pearlmark is pleased to announce the second closing of its sixth high yield credit investment fund, Pearlmark Mezzanine Realty Partners VI, L.P. (“Pearlmark Mezz VI” or the “Fund”). Pearlmark Mezz VI now totals more than $300 million in commitments, including discretionary managed accounts, gaining on the traction of the first closing of more than $185 million in August 2024.
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Crown Partners Arranges $30 Million Senior Financing for HGS BioScience
November 14, 2024Crown Partners announces it has successfully arranged $30 million of senior financing from a leading US commercial bank for HGS BioScience, LLC (“HGS”), a portfolio company of Paine Schwartz Partners. The firm served as exclusive financial advisor to HGS in connection with this transaction.
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Rosenthal Closes Pair of Transactions Totaling $5 Million
November 14, 2024Rosenthal & Rosenthal, Inc., the leading private commercial finance firm in the United States, today announced the completion of an asset-based lending transaction and a factoring transaction totaling $5 million.
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Runway Growth Capital Provides $23 Million Growth Investment to Snap! Mobile
November 13, 2024Runway Growth Capital LLC ("Runway"), a leading provider of growth loans to both venture and non-venture-backed companies seeking an alternative to raising equity, announced today a $23 million growth capital commitment to Snap! Mobile ("Snap!"), a leading fundraising platform for schools and organizations to support their sports teams, groups, and clubs.
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Trinity Capital Inc. Provides $40 Million in Growth Capital to Impress
November 13, 2024Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of diversified financial solutions to growth-oriented companies, today announced the commitment of $40 million in growth capital to Impress, a leading orthodontic chain in Europe, specializing in invisible aligners.
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EverBank Announces Commercial Banking Division in Southern California, Led by Industry Veteran Stephanie Buckley
November 13, 2024EverBank has expanded its commercial banking footprint with the launch of a new Southern California division. This business will be led by Stephanie Buckley, an industry veteran who will serve as Senior Vice President and Regional Commercial Banking Manager.
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Alleon Healthcare Capital Provides a $5,000,000 Medical Accounts Receivable Financing Facility to a CA-Based Occupational Health Organization
November 13, 2024Alleon Healthcare Capital, LLC (“Alleon”), a specialty finance company focused on providing healthcare accounts receivable financing, medical accounts receivable factoring, and cash flow solutions to medical providers in the U.S., recently closed a $5,000,000 medical accounts receivable financing facility with an occupational health organization based in California (“Company”).
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Hilco Expands Team Further With Appointment of Senior Lending Specialist
November 12, 2024Specialist real estate lender Hilco Real Estate Finance (HREF) has appointed London-based development and bridge lending specialist Simon Pollins to join its rapidly growing UK team.
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MidCap Financial Closes $98.9MM Senior Secured Credit Facility to Wave Electronics
November 12, 2024MidCap Financial, a leading commercial finance company focused on middle market transactions, today announced it has provided a $98.9mm senior secured credit facility to Wave Electronics or (“Company”). Proceeds from the credit facility were used to support Company’s acquisition of KOA Electronics Distribution Inc. (“KOA”) and will support growth and ongoing working capital needs.
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John Galt Solutions and SPS Commerce Partner to Deliver Sales Channel Data in the Atlas Planning Platform
November 12, 2024John Galt Solutions, a global leader in automating supply chain planning to empower businesses to make better decisions faster, today announced its partnership with SPS Commerce, a leader in retail supply chain management solutions.
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Rosenthal Closes Three Recourse Factoring Transactions Totaling $6.5 Million
November 12, 2024Rosenthal & Rosenthal, Inc., the leading private commercial finance firm in the United States, today announced the completion of three recourse factoring transactions totaling $6.5 million.
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Rosenthal Closes Three Recourse Factoring Transactions Totaling $6.5 Million
November 12, 2024Rosenthal & Rosenthal, Inc., the leading private commercial finance firm in the United States, today announced the completion of three recourse factoring transactions totaling $6.5 million.
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Rosenthal Closes Three Recourse Factoring Transactions Totaling $6.5 Million
November 12, 2024Rosenthal & Rosenthal, Inc., the leading private commercial finance firm in the United States, today announced the completion of three recourse factoring transactions totaling $6.5 million.
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Ultimate Finance Strengthens its Team in the North With two new Hires
November 12, 2024Asset-based lender Ultimate Finance has strengthened its Northern team as it continues its mission to be the Funding Partner of Choice and support more businesses than ever before with access to five star rated funding solutions.
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ROTH Welcomes New Co-Heads to Lead Innovations Banking Sector
November 12, 2024Roth Capital Partners, LLC (“ROTH”), www.roth.com, today announced the appointment of Michael Guzman and Salomon Kamalodine as Managing Directors and Co-Heads of Innovations Investment Banking.
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The Secured Lender
SFNet's 80th Annual Convention Issue