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Orion First, the leading provider of commercial loan & lease servicing, announced two significant leadership appointments. Paul Marcoe has been promoted to Chief Operating Officer (COO), and RJ Grimshaw will join the company as Chief Revenue Officer... Read Story
July 12, 2024, 07:25 AM

The Equipment Leasing and Finance Association launched the ELFA Equity Fund for Professional Education aimed at enhancing educational opportunities for underrepresented leaders within the equipment finance sector. In 2024, the Fund will award six... Read Story
July 12, 2024, 07:20 AM

TD Bank has appointed Steve Moroney as its Commercial Market President for Connecticut and Rhode Island. Moroney is based in New Haven, CT.“Steve is a long-tenured TD colleague and dedicated people leader with immense commercial banking and small... Read Story
July 12, 2024, 07:15 AM

PK AirFinance (PK), an aviation lending platform and affiliate of Apollo, has closed its inaugural aircraft loan asset-backed securitization: PK ALIFT LOAN FUNDING 3 Series 2024-1 (PKAIR 2024-1). PKAIR 2024-1 issued over $622 million of Notes that... Read Story
July 12, 2024, 07:10 AM
Filed Under: Aircraft

The NFIB Small Business Optimism Index reached the highest reading of the year in June at 91.5, a one-point increase from last month. The last time the index was higher was in December of 2023 when it reached 91.9. Even so, this marks the 30th month... Read Story
July 12, 2024, 07:00 AM
Filed Under: Economic Commentary

Sunwest Bank added Robert Faver as its new Executive Vice President, Managing Director of Commercial Banking. In this pivotal role, Faver will steer the commercial lending and sales platform of the Bank across multiple states and divisions. His... Read Story
July 11, 2024, 07:22 AM

First National Capital Corporation (FNCC), a full-service commercial equipment and aviation finance provider, announced the establishment of a $65,000,000 CAPEX facility to fund the rolling stock acquisition needs of a national transportation company... Read Story
July 11, 2024, 07:20 AM
Filed Under: Transportation

Bank of Southern California, N.A., the wholly owned subsidiary of Southern California Bancorp, announced it has hired a team of three seasoned commercial lenders. The team includes: Ayub Kathrada, named Executive Vice President, Regional... Read Story
July 11, 2024, 07:18 AM

TAB Bank extended a $7 million credit facility to a family-owned transportation and brokerage company in the Southeast. The partnership will support the company’s growth and evolving working capital needs.TAB Bank previously worked with the... Read Story
July 11, 2024, 07:05 AM
Filed Under: Transportation

Fleet Advantage announced Senior Vice President of Fleet Operations Brian Antonellis, CTP, has been honored as a 2024 “Rainmaker” award winner by DC Velocity. This recognition celebrates Antonellis’s exceptional leadership and significant... Read Story
July 11, 2024, 07:00 AM
Filed Under: Industry News