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Dext Capital commenced a $200 million revolving credit facility with Deutsche Bank. The additional bank line increases Dext’s facility capacity to $750 million.“We’re excited to welcome Deutsche Bank as our newest financing partner. We look forward... Read Story
October 21, 2024, 07:00 AM
Filed Under: Industry News


The Certified Lease & Finance Professional (CLFP) Foundation announced that 9 individuals who recently sat through the online proctored CLFP exam, have passed.  They are: Kelly Black-Swartz, CLFP – Accountant / AVP & Asst Sec, First Citizens Bank... Read Story
October 21, 2024, 06:58 AM


Commercial Credit Group (CCG) is celebrating the 20th anniversary of the company's founding.Two decades ago, a small group of people had a dream to build an equipment finance company that was different from all the rest. A company that was a genuine... Read Story
October 21, 2024, 06:50 AM
Filed Under: Industry News


Aquila Air Capital, a leading engine lessor, announced an investment from funds managed by Wafra Inc., a New York-based, global alternative asset manager. Wafra has entered into definitive documentation to acquire the Aquila platform from Warburg... Read Story
October 21, 2024, 06:45 AM
Filed Under: Aircraft


According to ACT Research, preliminary net trailer orders rose about 4,400 units from August to September, but at 12,100 units, were lower compared to last September, down 61% y/y. Seasonal adjustment (SA) at this point in the annual order cycle... Read Story
October 21, 2024, 06:36 AM
Filed Under: Trucking


eCapital Corp. completed a $50 million confidential factoring facility for a prominent staffing company specializing in power and energy. The company, which utilizes advanced technology and a client-centric strategy to simplify hiring and attract top... Read Story
October 21, 2024, 06:15 AM
Filed Under: Factoring News


Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the growth of Izzio Artisan Bakery. Founded in 1994 and based in Louisville, CO, Izzio Artisan Bakery is a family-owned... Read Story
October 21, 2024, 06:04 AM


Reynolds Consumer Products, a provider of household products, announced an amendment to its credit agreement that provides a new revolving credit facility through a syndicate of banks led by Wells Fargo. Wells Fargo acted as lead left arranger and... Read Story
October 21, 2024, 05:00 AM
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First Business Bank added Roger Beil, CLFP, to its subsidiary, First Business Specialty Finance, LLC, as Vice President - Equipment Finance.Beil, CLFP, Vice President - Equipment Finance at First Business Bank, has more than 25 years of experience in... Read Story
October 18, 2024, 07:15 AM


Jeffrey Tyo has joined Gordon Brothers as Managing Director, Commercial & Industrial. In this role, Tyo will expand Gordon Brothers’ presence on the West Coast by developing and strengthening the firm’s relationships with corporate clients, lenders... Read Story
October 18, 2024, 07:12 AM