TSL Express Daily News

Culain Capital Funding, LLC, a leading factor and asset-based lender, is pleased to announce the closing of a new $30 million senior lending facility with Texas Capital. This strategic partnership will provide Culain Capital with enhanced capabilities to expand its working capital solutions, allowing the firm to support a broader range of businesses in need of flexible financing options.

The facility, along with a mezzanine debt investment from a New York-based alternative asset manager, will enable Culain Capital to deepen its commitment to delivering tailored accounts receivable financing, factoring, and asset-based lending solutions to middle-market companies across multiple industries. The funding comes at a pivotal time as demand for these financial products continues to grow, driven by ongoing economic uncertainties and the need for liquidity in the marketplace.

Jamie Franz, President of Culain Capital Funding, LLC, stated, "This new facility with Texas Capital marks a significant milestone in Culain Capital's growth trajectory. With their support, we are well-positioned to meet the evolving needs of our clients by providing greater liquidity and flexibility in structuring financial solutions. We value our relationship with Texas Capital and look forward to leveraging this facility to fuel the next phase of our expansion."

Steven Katz, Managing Director, Commercial Lender Finance at Texas Capital, commented, "We are honored to provide financing to Culain and its best-in-class management team. Delivering revolving lines of credit and treasury solutions to our Lender Finance borrowers are only a few ways that Texas Capital, as a full-service financial services firm,  is able to provide value for our clients at every stage of their business life cycles."

About Culain Capital Funding, LLC

Culain Capital Funding, LLC specializes in creating innovative working capital solutions, including accounts receivable financing, factoring, and asset-based lending, to middle-market companies across various sectors, tailored to meet the unique needs of each client. Known for its agility, industry expertise, and deep client relationships, Culain Capital helps businesses unlock liquidity and optimize their cash flow. With a focus on delivering personalized service and maintaining strong client relationships, Culain Capital helps businesses access the capital they need to achieve their financial goals.

About Texas Capital

Texas Capital Bancshares, Inc. (NASDAQ®: TCBI), a member of the Russell 2000® Index and the S&P MidCap 400®, is the parent company of Texas Capital Bank (“TCB”). Texas Capital is the collective brand name for TCB and its separate, non-bank affiliates and wholly-owned subsidiaries. Texas Capital is a full-service financial services firm that delivers customized solutions to businesses, entrepreneurs and individual customers. Founded in 1998, the institution is headquartered in Dallas with offices in Austin, Houston, San Antonio and Fort Worth, and has built a network of clients across the country. With the ability to service clients through their entire lifecycles, Texas Capital has established commercial banking, consumer banking, investment banking and wealth management capabilities. All services are subject to applicable laws, regulations, and service terms. Deposit and lending products and services are offered by TCB. For deposit products, member FDIC. For more information, please visit www.texascapital.com.