TSL Express Daily Articles & News

Winston & Strawn LLP is pleased to announce that 18 of the firm’s lawyers have been elevated to partner. These accomplished lawyers represent ten practice areas and nine offices globally. Our new partners highlight the firm’s expansive international capabilities and our commitment to addressing the complex needs of clients across varied and evolving industries.

Access Capital is proud to congratulate Francis Larson and the entire team at Ascen on their acquisition by Lifted, a subsidiary of Upwork Inc. (NASDAQ:UPWK). This milestone marks an exciting new chapter in Ascen’s journey. Under Francis’s leadership, Ascen quickly established itself as a dynamic force in the staffing and workforce solutions sector.

Iron Horse Credit (IHC), a commercial finance company, announced the closing of a $4.9M inventory line of credit to a technology leader in advanced manufacturing addressing rare earth material challenges and related customized solutions, including polymer materials and production.

SLR Business Credit (“SLRBC”) is pleased to announce it has provided a new asset-based revolving credit facility to Certified Organic Direct, LLC (“COD”), an organic and clean ingredients sourcing agent serving the food manufacturing and food service industries. Founded by Jim Lewis and headquartered in Reno, NV, Certified Organic Direct pairs suppliers of organic and natural ingredients directly with manufacturers seeking to source premium products with the best pricing.

Dwight Funding, a modern asset-based lender providing flexible working capital to consumer brands, announced several transactions including: a $2.0M asset-based revolving line of credit for a hot sauce and condiment brand; a $12.0M asset-based revolving line of credit for a DTC electrolyte and hydration supplement brand; a $4.0M asset-based revolving line of credit for a prestige cosmetics brand; a $2.0M asset-based revolving line of credit for a functional wellness brand offering adaptogenic mushroom products and more.

Kits Eyecare Ltd. (TSX: KITS) ("KITS" or the "Company") a leading vertically integrated eyecare provider announced that it has entered into a new three-year Asset-Based Lending (ABL) facility with Bank of Montreal ("BMO"), effective November 24, 2025. The facility provides borrowing capacity of $15 million, with the option to increase to $20 million, priced at approximately Prime + 1%.

Ball Corporation (NYSE: BALL) announced today it has completed the closing of its new revolver and term loan senior secured credit facilities that refinance its existing senior secured credit facilities entered into on June 28, 2022.

CIT Northbridge Credit today announced that it has provided a $75 million credit facility to an international food distribution company.

Essex Capital Group, Inc. (“Essex”) is pleased to announce the closing of a new $3,000,000 debt facility for MBC Boston, LLC (“MBC” or the “Company”). The financing supported MBC’s build-out and launch of a new airport concession operation at Boston Logan International Airport.

B. Riley Securities, Inc., a leading middle market investment bank, is proud to have served as sole bookrunner to Gladstone Investment Corporation (“Gladstone” or the “Company”) (Nasdaq:GAIN) in the closing of its $60 million principal amount of 6.875% unsecured notes due 2028.

nFusion Capital, a leading provider of financing solutions to small and middle-market businesses, provided a $5 million asset based lending facility to a New York-based private equity firm, following its court-approved Chapter 11 acquisition of a 3D printing and advanced manufacturing company.

The Hedaya Capital Group recently provided a $750,000 factoring facility to a Texas-based IT staffing and software consulting firm, which works with Fortune 500 companies on both a temporary and permanent basis.

NXT Capital announced today that it closed a senior credit facility in support of Agellus Capital’s acquisition of HighGrove Partners. NXT Capital acted as Administrative Agent on this transaction.

Top California Lender has successfully closed a $31.5 million acquisition loan for a 203-unit multifamily property located in the heart of Burlington, Vermont, marking another milestone in the firm’s continued expansion across key U.S. multifamily markets.

Accelerating its global leadership in the production of metal powder and alloy additions, 6K Additive today announced the Export-Import Bank of the United States (EXIM) has approved a USD27.41 million financing package for 6K Additive.

The Westaim Corporation ("Westaim" or the "Company") (TSXV: WED), today announces the appointment of Andrew Rabinowitz as President and General Counsel of Arena Investors Group Holdings ("AIGH").

Mercuria Energy Group Ltd. ("Mercuria") is pleased to announce the successful closing of its 2025 Asian Syndicated Revolving Credit Facilities (the "Facilities"), totaling over USD 2.3 billion equivalent across USD and CNH tranches.

United Rentals, Inc. (NYSE: URI) (“URI”) today announced that its subsidiary, United Rentals (North America), Inc. (“URNA”), is offering $1.5 billion principal amount of Senior Notes due 2033 (the “Notes”) in a private offering. URNA’s obligations under the Notes will be guaranteed on a senior unsecured basis by URI and certain of URNA’s domestic subsidiaries.

Gibson Dunn announced today that it has expanded its premier finance capabilities with the arrival of Duncan K. R. McKay, who has joined the New York office as a partner and will serve as Head of Fund Finance. He brings extensive experience in structuring, negotiating, and managing complex fund finance and structured capital transactions.

Ivy Asset Group, a private credit manager focused on specialty finance and asset-based lending, announced the closing of a senior secured, first-lien equipment finance facility with Stircor Services, a leading provider of municipal wastewater treatment services. The transaction highlights Ivy’s disciplined approach to portfolio management and structured deal origination within the environmental services sector.