PEAC Solutions announced the launch of an exclusive financing program for select dealers of Konica Minolta Business Solutions U.S.A., Inc. (Konica Minolta). Through this partnership, Konica Minolta will provide its nationwide dealer network with new...
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March 08, 2024, 07:23 AM
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ChargePoint, a provider of solutions for charging electric vehicles (EVs), EnTech Solutions, a division of Faith Technologies Incorporated (FTI) and a comprehensive distributed energy solutions provider, and Wells Fargo announced their collaboration...
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February 29, 2024, 07:25 AM
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Rising real interest rates are pushing up the cost of commercial and industrial loans, making it harder for middle-market businesses to meet payrolls and finance their expansion, according to the RSM US Middle Market Business Index (MMBI) Funding...
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October 24, 2023, 07:15 AM
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Lotus Beverage Alliance, a collective of experienced craft beverage equipment manufacturing companies, announced it has officially launched as a company. Six American craft beverage equipment suppliers have merged in a $100 million deal to create...
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April 24, 2023, 10:00 PM
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Insight Financial Services (IFS), a division of Insight Investments, LLC, announced it has been awarded a contract from the Massachusetts Higher Education Consortium (MHEC) to provide leasing and financing services. The contract provides MHEC members...
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February 09, 2023, 07:20 AM
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CIT, a division of First Citizens Bank, announced its Power and Energy business served as lead arranger on $419 million in financing for acquisition of the Broad River power generation facility in Gaffney, SC.Onward Energy Inc. is acquiring the...
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November 18, 2022, 07:10 AM
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Stonebriar Commercial Finance (SCF) announced the closing of a $69 million financing for the repositioning of vacant industrial real estate. This 85 percent loan-to-cost mortgage financed both the purchase and redevelopment of a single industrial...
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February 02, 2022, 07:14 AM
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Regents Capital Corporation, a provider of equipment leasing and financing solutions to middle-market borrowers, announced the closing of a $25.0 million investment-grade rated corporate note financing provided by a consortium of prominent...
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January 13, 2022, 07:21 AM
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Boxlight Corporation, a provider of interactive technology, digital signage and software solutions, announced the launch of Boxlight Financial Services. Boxlight Financial Services is a strategic customer financing program created in partnership with...
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June 09, 2021, 07:16 AM
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GF Machining Solutions, a division of the Georg Fischer Group, has entered into a partnership with DLL, a global asset finance company for equipment and technology, to offer customized financing solutions to GF Machining Solutions customers through...
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May 05, 2021, 07:22 AM
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Minerva Beauty, Inc. has partnered with Amerifund, Inc. to provide Minerva Beauty customers with an additional equipment financing option. For over 25 years, Amerifund has provided quick approvals and customized financial solutions for businesses...
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November 30, 2020, 07:10 AM
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DLL announced a new partnership with Synergy Micro Solutions, a data center hardware products and solutions supplier. The partnership will enable financing through a DLL line of credit on technology inventory purchases offered by the world’s leading...
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August 19, 2020, 07:29 AM
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The 2020 sector and Ratings Outlooks for North American finance and leasing companies (FLCs) are stable, according to Fitch Ratings. The solid, albeit slowing, macroeconomic environment is expected to result in consistent credit loss performance and...
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November 22, 2019, 07:25 AM
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GreatAmerica Financial Services Corporation and Solutions360 said system integrators using Q360 will now be one click away from adding monthly payments to their quotes and proposals. The move helps system integrators to build As-A-Service models into...
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September 27, 2019, 07:05 AM
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Marlin Capital Solutions and Columbia Vehicle Group, Inc., a global provider of high-quality electric powered, commercial utility and industrial work vehicles, have created a partnership to offer financing options to Columbia’s customers. Marlin’s...
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July 12, 2019, 07:25 AM
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An affiliate of Variant Equity Advisors, LLC (Variant Equity) announced the completed acquisition of Coach USA and Coach Canada, in which Wells Fargo Capital Finance (WFCF), a unit of Wells Fargo Commercial Capital, acted as administrative agent...
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June 06, 2019, 07:15 AM
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LEAF Commercial Capital, Inc. (LEAF), a subsidiary of People’s United Bank, N.A., announced SANY Capital USA, Inc. has chosen LEAF as its financing partner.SANY Capital USA is the finance unit of SANY America, Inc., a Peachtree City, Ga.-based leader...
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May 29, 2019, 07:25 AM
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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...
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May 28, 2019, 07:30 AM
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Wintrust Commercial Finance (WCF) announced the closing of $40 million in debt financing for one of the leading crane and construction services firms in North America. WCF holds approximately $20 million of the transaction and successfully syndicated...
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April 10, 2019, 07:20 AM
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Increased robotics utilization among manufacturers and end-users will generate greater financing opportunities as robotics continue to change how business is conducted in the future, according to a new study, Robots, Cobots, and Finance, released...
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February 19, 2019, 07:20 AM
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Jam City, Inc., a leader in mobile entertainment, announced $145 million in strategic financing jointly led by JPMorgan Chase Bank, N.A. and Bank of America Merrill Lynch, and a syndicate of lenders including Silicon Valley Bank, SunTrust Bank and...
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January 17, 2019, 07:20 AM
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CIT Group Inc. announced CIT Northbridge Credit, its joint venture financing unit, served as sole lead arranger on a $53.8 million senior secured credit facility for Circle 8 Crane Services LLC.Based in Houston, Circle 8 Crane Services is a...
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January 08, 2019, 07:19 AM
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TraknProtect, one of the largest providers of security and tracking systems to the hospitality market, has announced a relationship with NEC Financial Services to help customers with their employee safety investments.“NEC Financial Services has long...
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December 13, 2018, 07:14 AM
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Wintrust Commercial Finance (WCF) announced the recent funding of approximately $24.2 million in debt financing for an Oklahoma-based oilfield services company. WCF will hold $7.5 million of the transaction and has successfully syndicated the...
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November 08, 2018, 07:22 AM
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CAN Capital, Inc., a technology-driven small business specialty finance company, announced it has agreed to a financing transaction of up to $287 million to enhance its capital capacity with Varadero Capital, L.P., a New York-based alternative asset...
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September 06, 2018, 07:18 AM
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Encina Equipment Finance and CrowdOut Capital LLC provided debt financing to Shale Support, a provider of frac sand and logistical solutions to the oil and gas proppant market, CrowdOut announced.CrowdOut, a private lending syndication platform that...
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August 31, 2018, 07:13 AM
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With attendance exceeding last year’s regional conferences, the American Association of Commercial Finance Brokers (AACFB), formerly the NAELB, is counting down the final weeks of registration for the Commercial Financing Expo. The new event format...
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August 21, 2018, 07:15 AM
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WGL Energy Systems, Inc., a WGL company, announced it has secured a $75 million financing package from M&T Bank to provide funding for future solar energy projects.
WGL Energy seeks to expand its renewable energy programs and will partner with...
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August 14, 2018, 07:08 AM
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Stonebriar Commercial Finance (SCF) closed an additional $17.5 million in financing to a third-generation, family-owned, plywood and veneer manufacturer.Established in 1951, the company operates four mills, including a new, state-of-the-art plywood...
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July 20, 2018, 07:15 AM
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Maxim Commercial Capital announced it provided hard-asset secured financing to 293 small and mid-size businesses (SMBs) during the second quarter. Second-quarter transactions included:
the seventh financing in five years for a tow truck...
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July 20, 2018, 07:05 AM
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Crestmark secured a total of $22,028,384 in financial solutions for 15 new clients in the first half of July.The following were the transactions:
On July 2, a $200,000 accounts receivable purchase facility was provided to a trucking company in...
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July 18, 2018, 07:10 AM
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Crestmark secured a total of $38,110,791 in financial solutions with 22 transactions for 21 new clients in the second half of June.
On June 18, a $2,500,000 ledgered line of credit facility was provided to a digital production services provider in...
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July 03, 2018, 07:05 AM
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Crestmark secured a total of $40,630,988 in financial solutions with 23 transactions for 21 new clients in the second half of May.
On May 16, a $500,000 ledgered line of credit facility was provided to a metal fabrication company in Arkansas. The...
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June 04, 2018, 07:15 AM
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CIT Group Inc. announced its CIT Northbridge Credit joint venture served as sole lead arranger on a $30 million revolving credit facility for Alliance Time Holdings.With headquarters in Manhattan, Alliance Time Holdings is a highly data-driven global...
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May 16, 2018, 07:20 AM
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Key Equipment Finance provided financing through its Energy Solutions team for Maui's first large-scale solar project.In partnership with Maui Electric Company and Kenyon Energy, Maui’s first large-scale photovoltaic (PV) solar project came online on...
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May 09, 2018, 07:10 AM
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CIT Group Inc. announced its Commercial Finance division's Energy Finance unit served as sole lead arranger and administrative agent for approximately $79 million in financing for Onyx Renewable Partners L.P. This new financing follows a $53 million...
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May 08, 2018, 07:20 AM
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Crestmark secured a total of $26,627,000 in financial solutions for 22 new clients in the second half of April.
On April 16, a $100,000 accounts receivable purchase facility was provided to a trucking company in Georgia. The financing will be used...
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May 03, 2018, 07:15 AM
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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...
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May 02, 2018, 07:10 AM
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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...
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May 01, 2018, 07:05 AM
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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...
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April 30, 2018, 07:05 AM
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Sam Harris, President of JetLoan Capital, based in Stuart, Fla., announced the company completed five aircraft financing transactions in March 2018. The transactions are as follows:
Refinancing of a 2002 Citation X with an interest rate of 5.07...
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April 25, 2018, 07:10 AM
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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...
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April 23, 2018, 07:00 AM
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Element Fleet Management Corp. announced it has completed the issuance of $1 billion of rated term notes through Chesapeake Funding II LLC.The offering was Element’s first Chesapeake II issuance of the year and enjoyed strong demand that allowed the...
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April 18, 2018, 07:01 AM
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Chicago-based lender Loeb Term Solutions financed $10 million worth of industrial machinery and equipment helping three more companies. The financing is helping companies in specialty freight & logistics, energy services and contract manufacturing to...
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April 13, 2018, 07:25 AM
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StarWind Software and Marlin Equipment Finance joined efforts to break down the CAPEX barrier that small and midsized businesses (SMB) and remote office, branch office (ROBO) companies often encounter on their way to virtualization. Customers in the...
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April 12, 2018, 07:25 AM
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Stonebriar Commercial Finance announced it provided a $19 million loan to a family-owned forest products company. The loan is secured by all real and personal property along with the timber rights of the company and reflects a total commitment by...
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April 10, 2018, 07:25 AM
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Washington Federal has launched a formal Franchise Finance Division focused on helping established restaurant franchisees secure funding for their businesses. The division is being led by industry veteran Marisa Felker, who will work from the Arizona...
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April 09, 2018, 07:30 AM
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Ascentium Capital LLC experienced a strong first-quarter funding $278 million representing 24 percent year over year growth--the highest origination quarter in the company’s history.“I am extremely pleased with first-quarter results and the...
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April 05, 2018, 07:11 AM
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CIT Group Inc. announced its Commercial Finance division's Energy Finance unit served as sole lead arranger and administrative agent for about $36 million in financing for Nordic Solar LLC, a developer and owner of solar energy facilities.The...
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April 04, 2018, 06:25 AM
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Extreme Networks, Inc. introduced Extreme Capital Solutions, dedicated to providing competitive and flexible financing to customers, partners and prospects looking to acquire Extreme Networks' solutions.Extreme Capital Solutions combines Extreme's...
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April 03, 2018, 07:25 AM
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Crestmark secured a total of $25,675,000 in financial solutions for 16 new clients in the first half of March.
On March 1, a $500,000 Crestmark term loan facility was provided to a software developer in Michigan. The financing will be used to pay...
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March 19, 2018, 07:20 AM
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CIT Group announced the Healthcare Finance team within its Commercial Finance business provided a $175 million senior secured credit facility to QMES LLC, a large distributor of durable medical equipment to patients in seven Mid-Atlantic and...
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March 07, 2018, 07:03 AM
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Santander Bank announced its Equipment Finance group closed a $72.25 million equipment line of credit with Android Industries LLC in the U.S. Android will use the financing to further expand its operations by refinancing $40 million of its existing...
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March 05, 2018, 07:20 AM
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Marlin Business Services Corp. and Kaeser Compressors announced a partnership to provide financing options for Kaeser Compressor North American customers. Marlin’s financing options will be available through its authorized distributor channel and...
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March 02, 2018, 07:25 AM
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