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past two weeks

ECN Capital Corp. announced that it has entered into agreements to sell $1,487 million of Railcar Assets to affiliates of ITE Management L.P. and Napier Park Global Capital for proceeds of approximately $1,439 million (collectively, the “Railcar... Read Full News
August 09, 2017, 07:10 AM
Filed Under: Rail Transportation

Small business startups are twice as likely to be adding jobs and growing revenues than mature small employer firms, but due to higher credit risk are more likely to face financial shortfalls. That's according to The Federal Reserve Bank of New... Read Full News
August 15, 2017, 08:00 AM
Filed Under: Industry News

CIT Group announced two key appointments to their Equipment Finance division to support the growth of its industrial market segments.  Maurice Smith will cover the Eastern territory and Susan Taldone will cover the Midwest territory of the U.S. Both... Read Full News
August 08, 2017, 07:15 AM

New financing programs are opening the door to the widespread adoption of wind power, the Department of Energy reports. Third-party financing and leasing options are enabling companies and individuals to generate wind power on their properties... Read Full News
August 14, 2017, 08:00 AM
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City National Bank announced that John R. Randall has joined the company as its chief credit officer and a member of its Executive Committee. He is based at City National Plaza, the company’s headquarters in downtown Los Angeles, and reports to... Read Full News
August 18, 2017, 08:08 AM
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Amur Equipment Finance (AmurEF) announced the promotion of Michael P. Karman to Co-President. Michael will be working alongside Andrea Zana, AmurEF’s Co-President and Chief Risk Officer. In addition to his new responsibilities, Karman will retain his... Read Full News
August 11, 2017, 07:23 AM
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United Rentals and Neff Corporation, operating as Neff Rental announced that they have entered into a definitive agreement under which United Rentals will acquire Neff for $25 per share in cash, representing a total purchase price of approximately $1... Read Full News
August 17, 2017, 07:11 AM
Filed Under: Rental News

Martha Ahlers, Chief Operating Officer of United Leasing & Finance (ULF,) recently announced the closing of a $350 million, multi-year senior secured revolving credit facility with an accordion expansion to $475 million with Bank of America, as Agent... Read Full News
August 10, 2017, 07:00 AM
Filed Under: Industry News

Editor's Note: The following press release is a revision to the originally posted press release. Enables Banks to Review All Credits and Focus on the Highest RisksPayNet is introducing PayNet Credit Review Express, a risk management tool which... Read Full News
August 08, 2017, 07:00 AM
Filed Under: Industry News

Wintrust Commercial Finance (WCF) promoted Ryan Berlage to senior vice president – credit manager. In this role, Berlage will provide additional management oversight over WCF’s credit, funding, and portfolio management activities. Berlage has more... Read Full News
August 11, 2017, 07:08 AM