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News Stories (51 Results) - Company Announcements

Univest Corporation of Pennsylvania, parent company of Univest Capital, Inc., announced it will change its name to Univest Financial Corporation, effective Jan. 1, 2019. Univest Financial Corporation will remain the parent company of Univest Bank and... Read Story
December 14, 2018, 07:10 AM

Regents Capital Corporation has been awarded a 2018 Top Workplaces honor by The Orange County Register in California. The list is based solely on employee feedback gathered through a third-party survey administered by research partner Energage, LLC.... Read Story
December 11, 2018, 06:50 AM

Balboa Capital is continuing its annual tradition of making the holidays a little brighter for adults and children in need. The company is supporting local nonprofit organizations with cash donations, canned food and children’s toys.“It’s the season... Read Story
November 30, 2018, 07:00 AM

CIT Group Inc. announced a new campaign in partnership with Feeding America inviting individuals to join in donating one million meals to people in need. Participants can help direct the donation by choosing to support Feeding America's Back Pack... Read Story
November 29, 2018, 07:00 AM

CIT Group Inc. revealed a simplified and refreshed brand identity aimed at presenting a more cohesive market presence following a multi-year transformation of the company. The effort includes a new marketing campaign, tagline and website reflecting... Read Story
November 16, 2018, 07:30 AM

First American Equipment Finance announced 106 of its colleagues have earned the Certified Lease and Finance Professional (CLFP) designation. More CLFPs work at First American than anywhere else in the world, the company said. There are 637 CLFPs in... Read Story
November 13, 2018, 06:00 AM

TCF National Bank (TCF Bank), a subsidiary of TCF Financial Corporation (TCF)), announced it raised nearly $170,000 for St. Jude Children’s Research Hospital, which is leading the way the world understands, treats and defeats childhood cancer and... Read Story
November 09, 2018, 06:58 AM

Crossroads Equipment Lease and Finance, a provider of world class transportation financial solutions, has launched significant improvements to its website, It is investing in the enhancement of its programs, processes and website... Read Story
November 02, 2018, 07:00 AM

A data and reports portal for customers of JDR Solutions Inc. sports a new look, expanded search capability and stronger security.JDR clients who use iVirtuaLease will notice the improvements as soon as they log in, said Doug Williams, Vice President... Read Story
October 30, 2018, 07:10 AM

CG Commercial Finance has announced, effective immediately, that it is doing business as Nexseer Capital.Since 1999, Nexseer Capital has employed its deal structuring expertise to offer equipment and project financing, often as a complement to... Read Story
October 10, 2018, 07:11 AM

Commercial Funding Inc., a national provider of invoice factoring and accounts receivable financing, announced the launch of the Spanish language version of its website.   The new version promotes the availability of services to Spanish speakers in... Read Story
October 02, 2018, 07:00 AM

Longtime equipment finance and banking executive Bob Rinaldi has launched a new website,,  to promote his advisory services practice, Bob Rinaldi, LLC. Bob Rinaldi provides advisory services to independent lessors, banks, industry... Read Story
October 01, 2018, 07:20 AM

The Cambridge Capital Group (TCCG), a Southern California independent commercial finance company with over 30 years in business, launched a redesigned website. The new site, designed by Jill Miller, CLFP, of Marketing Design Mix, is filled with... Read Story
September 28, 2018, 07:00 AM

Americorp Financial announced the launch of a new logo, brand and website designed to provide a fresh perspective for manufacturers needing a flexible commercial equipment financing program for their products.For more than 30 years, Americorp... Read Story
September 07, 2018, 07:05 AM

Insight Financial Services (IFS), a division of Insight Investments, LLC, announced it has been awarded a contract from Allied States Cooperative (ASC), as an approved vendor for consulting, contracting, staff development and related services.ASC is... Read Story
August 14, 2018, 09:05 AM

Equipment and accounts receivable finance company, Commercial Credit, Inc. (CCI), parent company of Commercial Credit Group Inc. (CCG) and Commercial Funding Inc., made the inaugural Middle Market Leaders list for the Charlotte, NC, region. To... Read Story
August 14, 2018, 09:00 AM

Liberty Commercial Finance, an independent equipment lease and finance provider, announced its expansion to a new corporate headquarters. The new office located in Tustin, Calif., is strategically located in the heart of Orange County providing... Read Story
July 23, 2018, 07:00 AM

Crestmark was selected as one of Michigan’s Economic Bright Spots by Corp! Magazine. The award celebrates companies that have continued to thrive in economic growth, expansion and hiring Michigan’s brightest talent in 2018.“At Crestmark, we help,”... Read Story
June 18, 2018, 06:55 AM

Midland States Bank announced it has completed the transition of its equipment finance and leasing business to its Midland Equipment Finance (MEF) division. This completes the move of that business from its Heartland Business Credit (HBC)... Read Story
June 14, 2018, 07:12 AM

Transfac Capital, Inc., a national provider of invoice factoring and accounts receivable financing, a subsidiary of Commercial Credit, Inc., has changed its name to Commercial Funding Inc. The change includes the launch of a new website... Read Story
June 05, 2018, 07:16 AM

Lease Corporation of America (LCA) announced the celebration of its 30 years in business. In 1988, LCA and its founding members saw the importance of, and need for, providing businesses innovative leasing and finance programs. LCA strives to help all... Read Story
May 31, 2018, 07:15 AM

With the vast majority of responsibility for implementing the upcoming new lease accounting standards falling on U.S. CPA firms, help is on the way with LeaseCrunch, lease accounting software developed by former CPA firm auditors to help CPA firms... Read Story
May 22, 2018, 07:10 AM

Illinois-based Fell Lease Administration announced it is changing its corporate name to Scribcor Global Lease Administration. The name change reflects the company's broader, global capabilities, scalable services, as well as deeper expertise in Lease... Read Story
May 18, 2018, 07:15 AM

Maxim Commercial Capital announce it provided hard-asset secured financing to 260 small and midsized businesses (SMBs) during the first quarter of 2018. Maxim’s borrowers used the fresh capital to purchase heavy equipment, refinance high-cost debt... Read Story
May 02, 2018, 07:10 AM

Hitachi Capital America Vendor Services (HCA Vendor Services) announced record volume for its fiscal year ended on March 31, 2018.Highlights from its fiscal year include: Breaking monthly volume records six times; Breaking quarterly records three... Read Story
May 01, 2018, 07:20 AM

Cobra Leasing announced it is adopting a new name, Providence Equipment Finance (PEF), a Division of Providence Bank & Trust. Providence Bank & Trust in 2016 closed on an asset purchase agreement in which the bank acquired substantially all of the... Read Story
April 30, 2018, 07:30 AM

Advance Acceptance, a division of First Western Bank & Trust, announced the launch of a free online payments feature for its equipment finance customers."Agile Payments consulted with Advance Acceptance project management to find a solution that... Read Story
April 23, 2018, 07:18 AM

Hitachi Capital America Corp. (HCA) announced its Medium & Small Ticket Finance (MST) group joined the Hitachi Capital America Vendor Services (HCA Vendor Services) division. In keeping with the enhanced services and client facing capabilities... Read Story
April 06, 2018, 07:30 AM

Funding Circle announced it is expanding its U.S. operations with a second office in Denver, Colo. With the move, Funding Circle will look to hire around 290 new employees in the Denver area over the next two years to support the company's... Read Story
April 05, 2018, 07:05 AM

Beacon Funding Corporation announced the release of its Financial Resource Center. The new investor relations hub provides funding partners with vital information regarding Beacon Funding’s financials and growth trajectory.“I am extremely pleased... Read Story
April 04, 2018, 07:20 AM

TCF Inventory Finance, Inc. (TCFIF) marked its 10th year in business. TCFIF was founded April 3, 2008. It has grown from a startup with 10 team members to a mature lending business with more than 200 team members providing inventory finance solutions... Read Story
April 04, 2018, 07:15 AM

AmeriQuest Business Services announced it is unifying its organization and suite of solutions via a single, company name – Corcentric. The new brand is designed to clearly communicate the company’s commitment to delivering innovative procurement and... Read Story
March 30, 2018, 06:45 AM

Summit Funding Group is expanding its team and services as the firm celebrates a milestone 25 years in business.President and CEO Richard L. Ross spoke recently at an event the company held at the Cincinnati Music Hall to commemorate its 25th... Read Story
March 28, 2018, 06:20 AM

Fleet Financing Resources (FFR) reports strong growth in first quarter volume.  For the period ending March 31, 2015, as compared to 1Q 2014, funded volume was up 22% at $12.5 million.  Additionally, Interest Income increased by 10% while Net Income... Read Story
April 17, 2015, 07:01 AM

Marlin Business Services announced today that Scott Heimes has been elected to its Board of Directors, effective April 10, 2015.Mr. Heimes is currently the Chief Marketing Officer of Digital River, Inc. He previously held senior marketing executive... Read Story
April 15, 2015, 06:00 AM

Advantage Funding, a subsidiary of Marubeni America Corporation since 2006, recently announced an ownership transition agreement. The agreement gave Marubeni, a multi-national, multi-billion-dollar Japanese trading company, full ownership of the... Read Story
February 26, 2015, 07:07 AM

During 2014, Med One increased leasing revenue by 27% from 2013. Rental revenue also experienced a major growth of 95% in 2014 while equipment sales revenue increased by 18%. The biomedical division saw growth as well and serviced 17% more units than... Read Story
February 06, 2015, 06:00 AM

A subsidiary of Navistar Financial Corporation (NFC) has sold $250 million of wholesale floor plan notes in a two-year 144-A securitized transaction to support International® Truck and IC Bus™ dealer inventory funding. It will replace a $200 million... Read Story
November 10, 2014, 06:53 AM

First National Capital Corporation (FNCC), a full-service commercial equipment and aviation finance provider, has announced that the company posted a “best quarter ever” record $85.8 million in funded volume for the second quarter of 2014. Keith... Read Story
July 15, 2014, 06:47 AM

International Decision Systems (IDS) announced that a major implementation of its InfoLease® and Rapport® equipment finance solutions is the recipient of the 2014 Operations and Technology Excellence Award from the Equipment Leasing and Finance... Read Story
July 15, 2014, 06:45 AM

Balboa Capita announced it has expanded its oil and gas equipment financing division, and will be a featured exhibitor at the 2014 DUG Permian Basin Conference and Exhibition in Fort Worth, Texas from May 20-22. The company is now well-positioned to... Read Story
May 20, 2014, 06:45 AM

GSG Financial announced its annual originations increased by 50 percent when compared to prior year.  “This year-over-year increase in origination volume represents our eleventh year of consecutive growth, driven by increases in both legacy and new... Read Story
February 18, 2014, 07:06 AM

Ascentium Capital announces a 47% increase in volume in 2013 and strategic initiatives planned for 2014 as it deepens and expands its business partnerships. As a result of strong business relationships developed with manufacturers and distributors... Read Story
January 28, 2014, 06:16 AM

Creekridge Capital announced for 2013, it surpassed funding records for both the 4th quarter and the month of December. Creekridge believes this record-breaking volume is rooted in the continued dedication and service Creekridge consistently provides... Read Story
January 07, 2014, 07:04 AM

TBF Financial, LLC, based in Deerfield , announced today that its principal, Brett Boehm, has been appointed to the Credit and Collections Planning Committee of the Equipment Leasing and Finance Association (ELFA).This committee helps the national... Read Story
September 06, 2012, 07:11 AM

Taylor Capital Group, Inc. (the "Company") announced that Cole Taylor Bank (the "Bank") has launched a new equipment finance division led by Edward A. Dahlka, Jr., a nationally recognized industry leader and former President of LaSalle National... Read Story
July 16, 2012, 07:43 AM

Key Equipment Finance, one of the nation’s largest bank-held equipment finance companies and an affiliate of KeyCorp announced that President Adam D. Warner, who is also vice chairman for the Equipment Leasing and Finance Association (ELFA) board of... Read Story
May 22, 2012, 07:30 AM

Bloomberg reported that Lone Star Funds has agreed to buy $1 billion in commercial loans from CIT Group Inc., according to a person with knowledge of the sale. According to this report, Lone Star, a Dallas-based private equity firm, is purchasing... Read Story
March 14, 2012, 08:00 AM

Reuters reported CIT Group has asked a federal judge to approve a $75 million settlement proposal with former CIT shareholders in a class-action securities fraud lawsuit over actions preceding the large commercial lender's 2009 bankruptcy.According... Read Story
March 14, 2012, 06:15 AM

LEAF Commercial Capital, Inc. (“LEAF”) announces the launch of its newly expanded corporate website, is committed through its value proposition, The LEAF 360° Solution™, to constantly examine and respond to the changes and... Read Story
January 25, 2012, 08:15 AM

Balboa Capital Corporation, a leader in equipment financing in the United States, is pleased to announce that it has just launched a hotel-specific franchise finance program to assist franchisees within the lodging and hospitality industry. "Our... Read Story
October 12, 2011, 01:44 PM