Wafra Inc. announced that investment funds advised by Wafra have entered into a definitive agreement to acquire Navitas Credit Corp. from United Community Bank, a wholly-owned subsidiary of United Community Banks Inc. for approximately $1.9 billion...
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June 15, 2026, 07:15 AM
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Clarus Capital announced the closing of a $30 million lease facility for a sponsor-backed infrastructure services company. Clarus’ immediate financing proceeds reimbursed the Company for recent new vehicle purchases, with ample dry powder available...
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June 15, 2026, 07:12 AM
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Post Road Equipment Finance (“PREF”) announced the successful closing of a $20 million lease facility with a global, sponsor-backed manufacturer of precision engineered metal components serving a diverse range of end markets, including automotive...
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June 15, 2026, 07:11 AM
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The American Transportation Research Institute (ATRI) President Rebecca Brewster has announced that she will retire in early 2027, after serving the organization for 34 years, 25 of which she has led ATRI as its president and chief operating...
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June 15, 2026, 07:09 AM
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Sallyport Commercial Finance announced a new $2 million Invoice Factoring Facility for a manufacturing company acquired by a private equity firm as part of its strategic growth initiative across the Sunbelt region.
Following the acquisition of a...
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June 15, 2026, 07:07 AM
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The California Department of Financial Protection and Innovation (DFPI) announced that it has ordered Florida-based Navitas Credit Corp. (Navitas) to pay a $4 million penalty for carrying out unlicensed lending activities – a violation of the...
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June 12, 2026, 07:15 AM
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Compeer Financial is teaming up with PepsiCo and other industry partners to offer a pilot leasing program for strip-till equipment, helping offset upfront financial costs for farmers implementing soil conservation practices on their farms. Through...
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June 12, 2026, 07:14 AM
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Pinnacle Financial Partners has named David Merzazada office leader for its new Leesburg office, further expanding the firm’s presence in Northern Virginia and the National Capital Region.Merzazada brings nearly two decades of experience in banking...
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June 12, 2026, 07:12 AM
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New equipment demand continues to be buoyed by materially improved spot and contract rates, driven largely by the rapid shift in driver supply, as published in the latest release of the ACT Research North American Commercial Vehicle OUTLOOK.“Class 8...
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June 12, 2026, 07:10 AM
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Oxford Commercial Finance (OCF), a subsidiary of Oxford Bank, announced it has secured $275 million in active working capital facilities for small and mid-sized businesses across the U.S. since launching in 2022. The cumulative figure spans 126...
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June 12, 2026, 07:10 AM
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