TSL Express Daily Articles & News

Renasant Business Credit announced it closed a $50 million senior secured asset based revolving credit facility for an undisclosed borrower in Lender Finance.

Austin Financial Services, Inc. (AFS), a leader in asset-based lending since 1981, today announced that Kyle Wilson has joined the company as Senior Business Development Officer. Wilson will focus on expanding AFS' nationwide business development efforts, originating new asset-based lending opportunities, and strengthening relationships with banks, private equity firms, financial advisors, and other referral sources.

Tiger Group today announced plans to auction 50 heavy-duty oilfield service trucks from the fleet of one of the world’s largest oilfield services companies. Bidding in the timed, online auction at SoldTiger.com opens on Thurs., Nov. 5, at 10 a.m. (CT) and closes on Thurs., Nov. 12, at 10 a.m. (CT).

Mountain Ridge Capital ("MRC") is pleased to announce the closing of a $44 million senior secured credit facility, including a seasonal overadvance, to an e-commerce retailer of high-performance optics, tactical gear and outdoor sporting goods sold through its leading online marketplace.

Riker Danzig LLP is pleased to announce that Paul H. Shur has joined the Firm as a Partner in its Financial Services Group. With over three decades of transactional and litigation-based commercial finance experience, Shur represents banks and privately-held financial institutions across a broad range of asset-based lending and debt restructuring.

CohnReznick, a leading professional services firm, today announced that Doug Schmid has joined the firm as a Partner in its CFO Advisory practice, where he will have particular focus on leading the growth of its Life Sciences practice. He will be based in the firm’s Boston office.

Sallyport Commercial Finance has just delivered a flexible working capital solution to help a specialty food manufacturer increase their production capacity and meet growing customer demand. We’re delighted to announce the funding of a $1.5 million accounts receivable factoring facility for a growing brand in the specialty food industry.

KeyBanc Capital Markets Inc., the corporate and investment banking unit of KeyCorp (NYSE: KEY), today announced it has entered into a definitive agreement to acquire Atlantic-Pacific Capital, Inc., a premier private capital advisor for financial sponsors.

Bank of America today announced that Josh Barnes has been named president of its Knoxville market. Barnes succeeds Terry L. Cline, who retired earlier this year. As Knoxville market president, Barnes will connect clients, teammates and communities to the full power of the franchise and drive collaboration across the company’s eight lines of business.

The Huntington National Bank ("Huntington") today announced that Pittsburgh banking leader Scott Colcombe has been named regional president for the TriState region, replacing Susie Shipley, who was promoted to regional group president earlier this year.

rPlus Energies today announced the closing of a revolving credit facility of up to $450 million to support the continued development and construction of its near-term pipeline of solar and energy storage projects across the American West. The facility provides both funded borrowing capacity and letters of credit. 

AvAir, a global leader in aviation aftermarket inventory solutions, today announced the closing of $170 million in new revolving credit facilities with a group of six financial institutions: HSBC Bank USA, N.A, Crédit Agricole Corporate and Investment Bank, First Citizens Bank, Western Alliance Bank, Flagstar Bank, N.A., and Sunflower Bank, N.A.

Sidley’s Global Finance group is a destination practice for high-value, complex financings across a broad spectrum of platforms, industries, and asset types. The firm is consistently recognized as having one of the world’s leading finance practices, with more than 200 lawyers practicing on all continents and across a wide variety of industries.

AAR CORP. (NYSE: AIR), the leading parts, repair, and software platform in the aviation aftermarket, today announced that it has amended its revolving credit facility, increasing total commitments to $1.375 billion, an increase of $550 million from the previous commitment of $825 million, and extending the maturity from December 2027 to October 2031.

First Business Bank's Asset-Based Lending team announces a recently closed and funded $20 million credit facility that includes a revolving line of credit and equipment capital expenditure line for a specialty chemical manufacturer in Texas.

Armory Securities, LLC was retained as exclusive investment banker to Edmundson, Inc. (dba "Arbor Valley Nursery") and Emundson, Land LLC which are Debtors in U.S. Bankruptcy Court for the District of Colorado. Arbor Valley is a wholesale nursery serving the professional landscaping industry in the U.S. Rocky Mountain Region.

Altriarch Asset Management, LLC (“Altriarch”) is pleased to announce the closing of a $40 million senior asset-based credit facility for a leading specialty finance company focused on debt relief services (the “Company”). Founded in 2019, the Company is a nationwide debt relief services provider, negotiating settlements of unsecured debt with creditors on behalf of clients enrolled in the program.

CohnReznick, a leading professional services firm, today announced that Joseph Most has joined the firm as a Tax Partner in its Commercial Real Estate practice. Based in the firm's New York City office, Most advises privately held commercial real estate businesses, including those with family and institutional ownership, on complex tax matters.

ORIX Corporation USA (“ORIX USA”) today announced the appointment of Lourdes (Fisher) Solis as Managing Director, Head of Capital Formation – Americas. Based in New York, Ms. Solis will join ORIX USA’s Capital Formation & Investor Relations leadership team.

USD.AI, a leading platform financing the Compute Middle Market, today announced that it has arranged and closed a $106 million senior secured term loan facility for NexGen Cloud, a leader in scalable, sustainable AI cloud solutions across Europe. The facility is NexGen Cloud's second financing through USD.AI and follows the $34 million facility announced in June 2026 for its NVIDIA B200 deployment in Sweden.