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News Stories (22 Results) - Finance News

Investment in U.S. based fintech companies surged to $14.2 billion across 427 deals during the first half of 2018, as investors poured money into startups in fintech emerging segments such as regtech and blockchain, as well as late stage companies... Read Story
August 06, 2018, 07:20 AM


Accord Financial Corp. announced it has signed a new senior secured revolving credit facility totaling $292 million with a syndicate of banks. The three-year agreement was arranged by The Bank of Nova Scotia, acting as administrative agent, sole... Read Story
August 02, 2018, 07:15 AM


Cat Financial, a wholly owned subsidiary of Caterpillar Inc., is bringing its customers the Cat Card Program offered by Citibank, N.A. The new Cat Card Program will offer both commercial and consumer financing options to give customers the... Read Story
July 31, 2018, 07:00 AM


In 2017 Yamaha Motor Finance Corp., USA announced plans to bring its floorplan financing in-house, with a vision to provide a complete range of finance company services. Yamaha has chosen to partner with White Clarke Group, selecting the CALMS... Read Story
June 21, 2018, 07:15 AM


Corcentric, a provider of procurement and financial process automation solutions, announced it has joined Blockchain in Transport Alliance (BiTA), an organization that promotes the development and adoption of blockchain applications in the trucking... Read Story
June 19, 2018, 07:10 AM


CIT Group Inc. announced its Healthcare Finance business, part of the Commercial Finance division, has closed on a $15.3 million loan to finance the purchase of a San Diego, Calif., medical office building. The Coast Medical Center is a four -story... Read Story
May 31, 2018, 07:00 AM


CIT Group Inc. announced CIT Northbridge Credit, its joint venture financing unit, served as sole lead arranger on a $20 million senior secured revolving and term loan credit facility for Greene’s Energy Group, LLC.Greene’s Energy Group, which has... Read Story
May 25, 2018, 07:20 AM


MB Business Capital, a division of MB Financial Bank, N.A., announced it provided a new $11,575,000 senior credit facility to Wichita, Kansas-based 3P Processing, Inc. MB’s credit facility was used to fund the acquisition of 3P by Spell Capital... Read Story
May 21, 2018, 07:00 AM


New West Energy Services Inc., an oil and gas and environmental services company focused on Western Canada, announced NWE and its primary capital and equipment financing partner, Nations Equipment Finance of Norwalk, Conn., have come to an agreement... Read Story
May 14, 2018, 07:20 AM


Siemens Financial Services (SFS) has released a new research paper that describes “CFO 4.0” - the new breed of Chief Financial Officer in the manufacturing industry. The CFO 4.0 has a deep, holistic understanding of the competitive advantages of... Read Story
May 01, 2018, 07:05 AM


Centrosolar announced it has partnered with CleanView Capital to offer Commercial and Industrial (C&I) customers, a fully integrated solar PV module and special financing program.Centrosolar and CleanView Capital said they have come together to form... Read Story
April 30, 2018, 07:05 AM


Wells Fargo & Company announced it will provide $200 billion in financing to sustainable businesses and projects by 2030, with more than 50 percent focused on clean technology and renewable energy transactions that directly support the transition to... Read Story
April 23, 2018, 07:00 AM


Santander Bank N.A. announced it has closed a $38.5 million senior secured equipment and revolving line of credit with Cold Carriers, a refrigerated transportation company, to support its growing equipment and working capital needs. “At Santander, we... Read Story
March 20, 2018, 07:25 AM


North Mill Capital LLC, a wholly owned subsidiary of Solar Senior Capital Ltd., has provided a $12.9 million of Total Credit Facility to Devault Packing Company Inc.The funding was comprised of a $10 million asset-based lending credit facility, which... Read Story
March 16, 2018, 07:20 AM


Sparta Commercial Services, Inc. announced the launch of a new Equipment Financing Program designed to meet the needs of small to midsize businesses throughout the U.S. Sparta is already known for its heritage within the Municipal Leasing... Read Story
March 09, 2018, 07:30 AM


Driven by robust Venture Capital (VC) funding, an increase in deal value, and strong performance by the Private Equity sector, investments in U.S. fintech companies nearly doubled during Q3 ’17 to $5 billion, up from $2.6 billion in Q2 ’17, according... Read Story
November 09, 2017, 07:02 AM


American Express announced a new addition to its suite of business financing products, which are designed to help businesses with access to working capital and short-term financing: Business Loans. Business Loans offer small businesses quick access... Read Story
October 13, 2017, 07:20 AM


Results from a PwC survey, which assesses the rise of new technologies in the financial services (FS) sector and their impact on market players, reveal 83% of respondents from traditional Financial Services (FS) firms believe part of their business... Read Story
March 25, 2016, 07:19 AM


Reuters reported Uber Technologies has launched its own auto leasing subsidiary in an effort to sign up more drivers, injecting the fast-growing ride services company directly into the financial services sector for the first time.According to the... Read Story
July 30, 2015, 07:23 AM


Despite reports that small business loans are becoming easier to obtain, a majority of small business owners don’t ever apply for them, according to a survey from Sageworks, a financial information company. When asked if they had ever applied for a... Read Story
July 25, 2014, 06:38 AM


Quick Bridge Funding, a privately-held financial services firm, recently closed a $35 million credit facility with a Southern California bank. The financing will be used to expand Quick Bridge Funding’s short-term working capital loan programs.Quick... Read Story
June 16, 2014, 06:40 AM


Many CFOs and their organizations are ignoring new social-media technologies and networks because they’re “not comfortable with them,” said Cal Slemp, managing director of Protiviti, a consultancy and internal audit firm, speaking on a panel about... Read Story
October 08, 2012, 07:38 AM