First National Capital Corporation (FNCC), a commercial equipment and aviation finance provider, announced the funding of natural gas turbine generators totaling over $148,000,000 in committed capital. The client, which specializes in the fast-track...
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June 10, 2024, 07:22 AM
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Enterprise Bancorp, Inc. and Enterprise Bank announced the retirement of Chief Executive Officer John “Jack” P. Clancy Jr., a position he has held since 2007. Clancy, named an honorary director of the company by its Board of Directors, will serve as...
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June 10, 2024, 07:20 AM
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Stearns Financial Services Inc. (SFSI) announced the Federal Reserve has approved the acquisition of one of its affiliate locations, Stearns Bank Holdingford, by Canadian-based VersaBank.SFSI signed a definitive agreement in 2022 for $13.5 million...
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June 10, 2024, 07:18 AM
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Wells Fargo Capital Finance appointed two senior leaders responsible for asset-based lending Originations and Syndications, further reinforcing its focus on providing valuable advice and expertise for the company’s commercial clients who are...
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June 10, 2024, 07:15 AM
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March 2024 U.S. cutting tool consumption totaled $212.4 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool...
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June 10, 2024, 07:05 AM
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It’s been a pattern since the end of 2022: Business executives’ optimism about the U.S. economy falls one quarter, rises the next, then dips again the following quarter.That same trend held steady in the second-quarter AICPA & CIMA Economic Outlook...
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June 07, 2024, 07:23 AM
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Farmers Business Network (FBN), the AgTech platform and farmer-to-farmer network, announced its lending unit, FBN Finance, has surpassed $2 billion in financing provided to growers across the United States. The $2 billion milestone showcases the...
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June 07, 2024, 07:20 AM
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Premier Truck Rental (PTR) announced its 10th anniversary. Since its inception in 2014, the company has continuously pushed the boundaries of innovation, achieved significant milestones, and set new standards in the equipment rental space.Started by...
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June 07, 2024, 07:17 AM
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Moritt Hock & Hamroff welcomed Julia DeFazio, Douglas Notaris and Pacika Guerra to its 2024 Summer Associates & Legal Interns Program. DeFazio and Notaris join the firm as Summer Associates while Guerra joins as a Legal Intern. "We are excited to...
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June 07, 2024, 07:12 AM
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XS Financial, a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the United States, has amended and upsized its current $54 million line of credit with Needham Bank to $70 million. Loans made under...
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June 07, 2024, 07:05 AM
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