Commercial Funding Partners recently closed a $36 million sale-leaseback recapitalization for a Midwest manufacturer, structured as a 60-month non-tax lease.The transaction recapitalized the manufacturer’s entire facility and required a financing...
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June 10, 2026, 07:15 AM
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Simmons Bank, a wholly owned subsidiary of Simmons First National Corp., announced that Jim Recer has joined the bank as executive vice president, commercial regional executive.In this role, Recer will lead Simmons' commercial and industrial (C&I)...
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June 10, 2026, 07:11 AM
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The NFIB Small Business Optimism Index fell 0.6 points in May to 95.3, remaining below its 52-year average of 98.0. The Uncertainty Index rose 3 points from April to 91, remaining well above its historical average of 68.As reported in NFIB’s monthly...
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June 10, 2026, 07:09 AM
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Ivory Consulting Corp. announced that First Commonwealth Bank has selected Ivory Consulting to structure and price tax-advantaged equipment loans and leases for its equipment finance division. Using their proprietary software, First Commonwealth will...
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June 10, 2026, 07:08 AM
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Fund Street Technologies LLC ("Fund Street"), parent company of One Park Financial, announced the successful closing of a $45.5 million investment grade 7 year corporate note. Proceeds will support origination growth and strategic corporate...
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June 10, 2026, 07:06 AM
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U.S. Bancorp announced that it has completed its acquisition of BTIG LLC, effective June 1, 2026.“Today, we welcome the talented BTIG team to U.S. Bancorp,” said Gunjan Kedia, chairman of the board and chief executive officer at U.S. Bancorp. “Our...
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June 10, 2026, 07:00 AM
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Truist Financial Corp. announced Lindsey Stampone has been named regional president for Pennsylvania and New Jersey, leading one of the company's fastest-growing and strategically important regions.Over the past five years, Truist has expanded its...
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June 09, 2026, 07:15 AM
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First Horizon Bank announced that Kevin Piker has joined the organization as Commercial Relationship Manager serving the Acadiana Market.Piker brings more than 25 years of banking and commercial lending experience to First Horizon Bank. In his new...
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June 09, 2026, 07:11 AM
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TEN (Transportation Equipment Network), an end-to-end leasing, financing, fleet solutions and maintenance company, has appointed Ari Silkey as Chief Operating Officer. Silkey joins from Amazon, where he was the General Manager of Amazon Freight and...
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June 09, 2026, 07:10 AM
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FTR’s Trucking Conditions Index jumped to 11.6 in April, which is the strongest reading for the index in more than four years. Fuel costs again were a negative for the TCI although a far smaller one than in March, which registered a TCI reading of -1...
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June 09, 2026, 07:09 AM
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