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News Stories (91 Results) - Company Announcements

Crestmark was honored by the 2019 Communicator Awards with an Award of Excellence and three Awards of Distinction. Crestmark, a division of MetaBank that offers financing solutions to small- and medium-sized businesses nationwide, was recognized for... Read Story
June 12, 2019, 06:00 AM


Onset Financial just celebrated the opening of its new headquarters in Draper, UT. The company’s growth over the last decade necessitated the state-of-the-art, 55,000-square-foot building.Over 300 business associates, employees and community leaders... Read Story
June 11, 2019, 07:10 AM


Western Alliance Bank announced that during the first quarter of 2019, its Equipment Finance Group funded more than $67 million in essential use equipment financing projects.The national specialty banking group provides equipment financing solutions... Read Story
June 05, 2019, 07:10 AM


DLL will celebrate its 50-year anniversary on May 29. From its humble origins as a financing company started with three employees in a small Dutch village, DLL has evolved to become an award-winning, global vendor finance company with over 5,000... Read Story
May 28, 2019, 07:30 AM


River Capital Finance announced the launch of River Capital Hardware as a Service (HaaS), a comprehensive enterprise mobility lifecycle management solution designed for business.Combining hardware, software and other support services into one simple... Read Story
May 22, 2019, 07:07 AM


In "2018 Year in Review — A letter from DLL CEO Bill Stephenson,” posted on the company’s blog, the global firm's leader states: “2018 was a year of growth and progress for DLL and our performance was strong in virtually every facet of our... Read Story
May 21, 2019, 07:25 AM


AP Equipment Financing announced it has set another financing volume record for the first quarter of 2019. AP closed 2019 Q1 funding $32.7 million of equipment to small and medium-sized businesses across the United States. This funded volume... Read Story
May 16, 2019, 07:14 AM


Amur Equipment Finance, Inc. announced it has been ranked fifth in Monitor’s 2018 rankings of the “Top Private Independent” equipment finance and leasing companies in the U.S., which represents a gain of nine spots since 2016.Amur EF achieved... Read Story
May 16, 2019, 06:55 AM


Equipment Trader, a marketplace for industrial equipment with more than 115,000 listings for sale or rent, has introduced a mobile app enabling consumers to quickly search for construction, earthmoving, agricultural, lifting, forestry, mining, and... Read Story
May 10, 2019, 07:05 AM


North Star Leasing Company announced it achieved a 54 percent increase in originations year over year through April 30. April also marked the largest funding month on record in the company’s nearly 40-year history.Fiscal year 2018 saw North Star... Read Story
May 07, 2019, 07:25 AM


North Mill Equipment Finance LLC announced record originations for April. It was the best month in the company’s history and the surge in volume is expected to continue as the year forges ahead.“This was a tremendous team effort across the board and... Read Story
May 03, 2019, 07:25 AM


LTi Technology Solutions, formerly LeaseTeam, Inc., announced open registration for its 2019 Annual User Conference. This years’ theme “Take the Lead” is designed to support finding solutions to key pain points experienced in the equipment finance... Read Story
May 01, 2019, 07:15 AM


Pacific Western Bank, the principal operating subsidiary of Pacwest Bancorp, is now operating under one brand name. Previously, the bank supported the operation of its national lending and venture banking groups under the separate marketing names of... Read Story
April 30, 2019, 07:02 AM


Balboa Capital announced the opening of a new office in Ontario, CA, to accommodate the company’s growth. Balboa Capital’s new space is part of the company’s growth strategy for 2019. In the first quarter, Balboa Capital added 55 new employees across... Read Story
April 23, 2019, 07:22 AM


Onset Financial announced it is honored to receive the 2019 Best of State Award in Equipment Finance for the second year in a row. The Best of State Awards are judged on achievement, innovation and contribution to the quality of life in Utah and were... Read Story
April 17, 2019, 07:00 AM


Hitachi Business Finance, a division of Hitachi Capital America Corp., has provided nearly $100 million to a variety of specialty lenders and U.S. companies seeking working capital solutions over the past six months.Participation loans to specialty... Read Story
April 15, 2019, 07:30 AM


NewLane Finance is the new name following the combination of Neumann Finance and Beneficial Equipment Finance Corporation (BEFC). NewLane Finance will be backed by WSFS Bank, a financial institution with approximately $13 billion in assets and the... Read Story
April 11, 2019, 07:30 AM


Ascentium Capital LLC announced first-quarter funded volume of $314.3 million, representing a 13.5 percent increase over the same period last year and managed assets at $2.1 billion.Recent milestones for the company include surpassing $5 billion in... Read Story
April 10, 2019, 07:30 AM


Alvarez & Marsal (A&M) announced the launch of LeaseSCRE, a web-based tool that uses machine learning to estimate an incremental borrowing rate (IBR) curve. LeaseSCRE provides companies with a streamlined and efficient mechanism to estimate the... Read Story
April 08, 2019, 06:00 AM


Santana Equipment Trading Company has launched a new campaign to rebrand all platforms of its social media.The strategy is designed to bring a stronger online presence and to improve the corporate image of the company. The marketing team has taken... Read Story
April 04, 2019, 07:00 AM


Ryder System, Inc. announced it has launched its new blog Ryder Compass. The blog, which allows companies to explore new trends and learn best practices, will better prepare businesses to meet trucking and logistics industry challenges head-on.“Ryder... Read Story
April 01, 2019, 07:00 AM


EquipmentWatch, the world leader in data, software and insights for the heavy equipment industry, announced the launch of a new search experience — Search 2.0 — for the EquipmentWatch web app. EquipmentWatch simplified the web app interface by making... Read Story
March 27, 2019, 07:16 AM


LTi Technology Solutions, formerly LeaseTeam, Inc., is celebrating its 30th anniversary this year. Co-founders Randy Haug and Russ Hallberg set out in 1989 with a vision to give small to mid-size leasing companies an innovative software solution to... Read Story
March 22, 2019, 07:25 AM


Utica Leaseco, a provider of customized asset-based equipment financing solutions, announced the formation of an affiliate company, Utica Equipment Finance. The new entity will offer equipment-based term loans and leases to companies throughout North... Read Story
March 20, 2019, 07:25 AM


Tamarack, a leader in providing independent software solutions in the equipment finance and commercial lending industry, has developed and launched a turn-key origination platform built for Salesforce.com, LenderKiosk.  LenderKiosk was developed to... Read Story
March 14, 2019, 07:15 AM


North Star Leasing Company announced it will reach a major milestone in 2019. On June 29, the company will have successfully helped businesses grow for 40 years – an impressive achievement. Since its inception in 1979, the company has funded over... Read Story
March 08, 2019, 07:14 AM


International Decision Systems (IDS), a leading global provider of technology solutions for asset and equipment finance, announced it has changed its name to IDS.For more than four decades, the IDS name has been synonymous with best-in-class... Read Story
March 06, 2019, 07:30 AM


Trailcon Leasing Inc. announced it has moved its Cornwall, ON, operations to a new location that will accommodate its current and future growth.The new facility, situated at 18060 Glen Road, South Glengarry, ON, is directly adjacent to Highway 401... Read Story
March 04, 2019, 07:00 AM


RapidAdvance announced it has rebranded as Rapid Finance.In 2006 when RapidAdvance was established, it selected its brand name based on where the industry was at the time as well as the value add its solution and the company brought to its partners... Read Story
February 21, 2019, 07:05 AM


Sam Harris, President of JetLoan Capital based in Stuart, FL, announced a successful 2018. While continuing their funding of jet transactions, the new general aviation department thrived.JetLoan Capital experienced continued growth in 2018 with 70... Read Story
February 11, 2019, 07:10 AM


Marlin announced the launch of its new brand, Marlin Capital Solutions, to better reflect the breadth of services it offers to small businesses and equipment finance partners.For over 20 years, Marlin has provided equipment financing to small... Read Story
February 08, 2019, 07:20 AM


Maxim Commercial Capital announced it funded 927 hard asset-secured loans for small and mid-sized businesses (SMBs) during 2018, a 6.3 percent increase over the prior year. The transactions facilitated heavy equipment purchases, refinanced high-cost... Read Story
February 01, 2019, 07:10 AM


TCS Equipment Finance, an independent equipment leasing company, announced it has relocated its headquarters to a new office in Draper, UT.The new larger space offers ample space to accommodate business growth and includes many significant technology... Read Story
February 01, 2019, 07:05 AM


LeaseQuery announced another year of record growth in 2018, with its year-over-year revenue growth reaching 708 percent. The company’s extraordinary growth was propelled by the timeliness of LeaseQuery’s solution, as companies prepare to comply with... Read Story
January 24, 2019, 07:00 AM


LeaseAccelerator announced that more than 50 Oracle-centric companies have selected its SaaS application to comply with the new IFRS 16 and ASC 842 standards. LeaseAccelerator offers a global lease accounting engine and dedicated subledger that can... Read Story
January 21, 2019, 07:10 AM


Nearly two years after breaking ground, Onset Financial’s campus is complete. Employees start 2019 in an all-new, 55,000-square-foot office space and campus in Draper, UT. “We have experienced year-over-year growth since inception,” said Justin... Read Story
January 18, 2019, 07:05 AM


LeaseQuery announced it has received an unqualified System and Organization Controls (SOC) 1 Type 2 report. The report, issued by EY, provides end users with comfort that LeaseQuery’s lease accounting software controls are designed and operating... Read Story
January 11, 2019, 07:05 AM


Delta Management Group, Inc., a leading provider of commercial debt collections, celebrated 20 years of service, on Jan. 8, 2019. The company’s Founder and President, Nancy R. Backus, is a 30-year collection industry veteran with a proven track... Read Story
January 08, 2019, 07:00 AM


Ritchie Bros. is celebrating its 60th anniversary in 2018 with multiple leadership awards for members of its executive team. Chief Executive Officer Ravi Saligram recently was recognized as B.C. CEO of the Year (Enterprise Category) by Business in... Read Story
December 18, 2018, 07:10 AM


 Wolters Kluwer’s Lien Solutions has won three industry awards recognizing excellence and innovation. US Business News has named the company Lien Management Technology Provider of the Year, 2018, as parts of its Technology Elite awards series.... Read Story
December 18, 2018, 07:05 AM


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, crlease.com. 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, www.BobRinaldi.com,  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, www.LEAFnow.com.LEAF 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