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Equipment Finance Advisor News

Most Popular News
past two weeks

Channel Partners Capital (CPC) announced the creation of Channel Partners Equipment Finance Group, strengthening its commitment to its equipment finance partners’ success.CPC, in its 11th year, will leverage its strong balance sheet, core... Read Full News
January 09, 2020, 07:30 AM

36th Street Capital Partners LLC announced the appointment of Thomas Linebarger as Senior Vice President of Business Development.The addition of Linebarger increases 36th Street Capital’s origination and client service capabilities. He will be based... Read Full News
January 06, 2020, 07:30 AM

NCMIC Group, Inc. announced the promotion of Tony Dickinson to President of NCMIC Finance Corporation/Professional Solutions Financial Services (NFC).Dickinson joined NFC in July 2017 and most recently served as Chief Operating Officer of NFC. Prior... Read Full News
January 07, 2020, 07:15 AM

CIT Group Inc. announced its banking subsidiary, CIT Bank, N.A., completed the acquisition of Mutual of Omaha Bank on Jan. 1. This transaction advances CIT’s strategic plan through the addition of a stable, lower-cost homeowner association deposit... Read Full News
January 03, 2020, 07:30 AM

Affiliates of Paceline Equity Partners, LLC, a Dallas-based private equity manager, announced they have acquired Progress Rail Equipment Leasing Corporation (PRELC), a lessor of railroad maintenance-of-way (MOW) equipment and services, from Progress... Read Full News
January 03, 2020, 07:25 AM

Wells Fargo Rail, part of Wells Fargo & Company, named 14-year company veteran Tim Kubiak as Executive Vice President and Head of Wells Fargo Rail, reporting to Bill Mayer, head of Equipment Finance.In this new role, Kubiak will lead all functions... Read Full News
January 08, 2020, 07:27 AM

CIT Group Inc. announced its Maritime Finance business led the arrangement of $56 million in financing toward the acquisition of two large commercial shipping tankers, which are employed on long-term charters.The financing is part of a transaction... Read Full News
January 09, 2020, 07:15 AM
Filed Under: Marine

Metrus Energy, a market leader in energy and water efficiency financing, announced it has secured a debt program with Key Equipment Finance, which has provided approximately $25 million in funding. Metrus expects to finance another $50 million with... Read Full News
January 09, 2020, 07:25 AM
Filed Under: Program Agreements

LTi Technology Solutions announced JDR Solutions has strategically partnered with LTi to offer servicing to its customers on the ASPIRE platform. JDR represents more than $8 billion in assets while offering portfolio management, consulting... Read Full News
January 13, 2020, 07:25 AM
Filed Under: Industry News

Commercial debt sales by fintech lenders, equipment leasing companies and banks are on the rise, with major companies striking deals to sell non-performing loans, leases and merchant cash advances after charge-off, reports Brett Boehm, CEO of TBF... Read Full News
January 14, 2020, 07:20 AM
Filed Under: Industry News