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Stacy Allen has been named Vice President of Business Development for Channel Partners Capital. She will report to Cindy Fleck CLFP, Senior Vice President and General Manager of Equipment Finance.In her new role, Allen will grow and evolve... Read Story
January 20, 2021, 07:30 AM

Orion First has begun servicing contracts for Paradigm Equipment Finance. Based in Salt Lake City, UT, and led by President and CEO Tyler Deters, Paradigm is a nationwide lender providing asset-based financing programs requiring minimal credit... Read Story
January 20, 2021, 07:26 AM
Filed Under: Industry News

Balboa Capital, an independent financing company that provides growth capital solutions to small businesses and middle market companies nationwide, announced Heather Parker has been promoted to Chief Financial Officer. Parker has served as Controller... Read Story
January 20, 2021, 07:25 AM

Arboretum Investment Advisors, LLC, an SEC-registered investment adviser specializing in asset-backed and equipment finance funds, entered into a partnership to acquire, originate and service up to $500 million of equipment leases and loans. The... Read Story
January 20, 2021, 07:20 AM
Filed Under: Industry News

First National Capital Corporation announced the successful completion of its financial support initiative for the Orangewood Foundation during the 2020 holiday season. As part of its ongoing charitable activities and commitment to community... Read Story
January 20, 2021, 07:05 AM
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According to ACT Research’s latest State of the Industry: NA Classes 5-8 Report, challenges facing commercial vehicle OEMs and suppliers in January 2021 are vastly different from those being addressed one year ago.“To repurpose a phrase, commercial... Read Story
January 20, 2021, 07:00 AM
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IDS, a provider of asset and equipment finance technology announced it has exited 2020 hitting multiple company milestones, including 20 go-lives of its industry leading technologies and crossing the $36 billion mark of committed net asset value... Read Story
January 19, 2021, 07:25 AM
Filed Under: Industry News

CIT Group Inc. announced its Maritime Finance business served as sole lead arranger on a $56 million senior secured financing on behalf of Seamax Container Shipping II LLC.The loan is secured by four containerships operated by Seamax Shipping, an... Read Story
January 19, 2021, 07:21 AM
Filed Under: Marine

Pacific Western Bank announced that Melinda Fricke has joined the Bank as a Senior Vice President, Business Development Officer on its asset-based lending team. She will be located at the Bank’s Plano, Texas office. Melinda will expand the Bank’s... Read Story
January 19, 2021, 07:18 AM
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U.S. Manufacturing Technology Orders totaled $330.3 million in November 2020, a decrease of 13.3 percent from October, but an increase of 1.4 percent from November 2019, the first positive year-over-year change since January 2019, according to the... Read Story
January 19, 2021, 07:13 AM
Filed Under: Manufacturing