Encina Lender Finance, LLC announced it has closed a $30 million senior credit facility for a small-ticket equipment finance platform. The borrower will use this facility to originate new equipment leases.
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April 12, 2024, 07:18 AM
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Capteris LLC announced the closing of a $14.25 million refinance with a sponsor-owned manufacturer of health supplements. The finance lease was part of a refinance effort by the company to free up working capital as it established new in-house...
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April 04, 2024, 07:18 AM
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Utica Equipment Finance announced the completion of a transaction totaling $3,250,000 in the last week of February. The $3,250,000 capital lease for a Texas-based company specializing in oil and gas equipment rentals. The transaction is secured by...
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March 12, 2024, 07:10 AM
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Rosenthal & Rosenthal completed three asset-based lending transactions totaling $7.5 million. The firm’s Pipeline division, focused on providing working capital to emerging consumer product brands, led the transactions. A popular CPG brand in the...
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March 08, 2024, 07:00 AM
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Lafayette Square, a national investment platform, provided financing to support the growth of Marshall & Stevens. Marshall & Stevens is a leading provider of independent valuation and advisory services, providing multi-disciplinary solutions for...
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February 26, 2024, 07:00 AM
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Trinity Capital announced the commitment of $120 million in equipment financing to Rocket Lab USA, Inc., a provider of space launch services and advanced satellite technology.Based in Long Beach, CA, Rocket Lab is an end-to-end space company that...
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February 21, 2024, 07:25 AM
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Lafayette Square provided financing to support the growth of Marshall & Stevens. Marshall & Stevens is a leading provider of independent valuation and advisory services, providing multi-disciplinary solutions for independent assessments of...
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February 09, 2024, 07:00 AM
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CapitalPlus Financial Services successfully facilitated $2 million in funding for an Oregon-based framing contractor facing financial challenges due to post-pandemic supply chain disruptions.In 2021, the contractor embarked on a significant framing...
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February 08, 2024, 07:00 AM
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Oxford Commercial Finance (OCF), a subsidiary of Oxford Bank, marked its first year with $64 million in funding for small and mid-sized businesses across numerous industries and states. Collaborating with its partners, OCF completed 60 transactions...
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February 01, 2024, 07:15 AM
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Utica Equipment Finance announced the completion of three transactions totaling $10,900,000 in December:
A $2,350,000 Capital Lease secured by multi-passenger and delivery vans. The company operates out of seven major U.S. cities and engages in...
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January 05, 2024, 07:20 AM
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Oxford Commercial Finance recently provided a $3.035 million Sales Leaseback transaction to an alternative energy developer for a public university based in Connecticut. This fuel cell will provide clean energy to the university and moves the school...
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December 13, 2023, 07:05 AM
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Express Wash Concepts (EWC) successfully secured a $150 million incremental credit facility led by MidCap Financial to further propel its core market greenfield development. This new facility empowers EWC to maintain its responsible, multi-brand...
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October 12, 2023, 06:00 AM
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Utica Equipment Finance completed a $3,000,000 capital lease secured by various cars to a major mobility industry operating company. The company has built strategic partnerships with Uber, Lyft, DiDi, Turo, and other leading mobility software...
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September 06, 2023, 07:10 AM
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Utica Equipment Finance announce the completion of two transactions totaling $5.1 million in the month of June.
A $1.6 million capital lease secured by construction equipment to a company located in Florida. The lessee is a family-owned...
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July 11, 2023, 07:11 AM
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Gateway Trade Funding recently completed the following stretch finance transactions:
A $600,000 facility to a manufacturing and source packaging company.
A $1,500,000 facility to a maintenance, fabrication, engineering and construction...
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June 02, 2023, 07:00 AM
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Trailer OEMs and major component suppliers continue to indicate strong demand and lingering supply-chain constraints. Despite OEMs expanding availability, 2023 is not yet fully open across the industry, partially because manufacturers continue to...
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April 25, 2023, 07:01 AM
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Rosenthal & Rosenthal completed seven recent ABL transactions totaling roughly $70 million. The various asset based lending facilities will help to address the working capital needs and support growth and expansion opportunities for a number of...
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April 07, 2023, 06:59 AM
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Utica Equipment Finance are pleased to announce the completion of three transactions totaling $10.15 million in the first week of March. The transactions follow:
A $6 million capital lease secured by various cranes, attachments, and service...
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March 15, 2023, 07:18 AM
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Utica Equipment Finance announced the completion of a transaction totaling $720,000 in the first week of January.The $720,000 capital lease secured by farm equipment to one of the largest single source suppliers of tropical plants, indoor floral and...
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January 12, 2023, 07:18 AM
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Utica Equipment Finance announce the completion of six transactions totaling $11.78 million in the month of November:
$7.5 million refinance secured by machinery and equipment to a technology company located in California. By consolidating two...
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December 14, 2022, 07:17 AM
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Loeb announced it has provided four new term loans totaling $9.3 million. These loans will help four companies, in transitional financial states, grow their businesses by leveraging working capital from their existing machinery and equipment.Loan...
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November 11, 2022, 07:10 AM
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Cerebro Capital, a technology-enabled debt sourcing marketplace for companies in the middle market, recently facilitated the closing of $60 million in debt financings to several companies including:
$15 million asset-based line of credit for a...
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November 09, 2022, 07:05 AM
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Encina Equipment Finance (EEF) announced it has provided a $25 million lease line to a global media solutions company to finance newly acquired production equipment.EEF was represented by Reed Smith LLP.Launched in June 2017, Encina Equipment Finance...
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October 31, 2022, 07:22 AM
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Encina Equipment Finance (EEF) announced it has provided a $15 million lease line to a North American supply chain services company to finance new tractors and trailers.EEF was represented by Reed Smith LLP.Launched in June 2017, Encina Equipment...
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October 24, 2022, 07:20 AM
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Grant Capital Management, Inc. completed funding for two new refuse trucks at the North Bergen Municipal Utilities Authority (NJ).
The Authority is excited to place the new vehicles into service. “We decided to pursue a lease-purchase agreement with...
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September 12, 2022, 07:05 AM
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Accord Financial’s US Asset-Based Lending team closed a $14,000,000 credit facility for the acquisition of a regional waste management company. The facility consists of a $5,000,000 revolving accounts receivable facility and a $9,000,000 machinery...
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August 18, 2022, 07:05 AM
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NETSOL Technologies, Inc., a global business services and enterprise application solutions provider, has signed an agreement with a consumer finance bank of Swedish origin. The multi-million-dollar contract is for the deployment of NETSOL’s premier...
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August 18, 2022, 07:00 AM
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Crestmark, the Commercial Finance Division of Pathward, N.A., announced it provided more than $75.5 million in commercial financing to 112 Businesses in June. Crestmark secured a total of $33,772,677 in ABL/factoring financial solutions for 23 new...
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August 01, 2022, 07:18 AM
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GovCon Capital completed a $3.5 million equipment finance investment for a commercial space contractor. The equipment will be located in the United States and will provide testing capability for mobile launch vehicles.“Our team at GovCon Capital is...
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July 29, 2022, 07:00 AM
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Vancity Community Investment Bank (VCIB), Canada’s only values-driven bank and a subsidiary of Vancity Credit Union, announced a partnership with Seven Generation Capital (7Gen), the first company in Canada that supports fleet operators in deploying...
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July 29, 2022, 05:00 AM
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Stonebriar Commercial Finance announced the closing of an additional $30 million lease with one of its long-standing customers, the third transaction provided for this customer since 2016. The lease proceeds were used to acquire new equipment to...
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July 18, 2022, 07:18 AM
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Utica Equipment Finance announced the completion of five transactions totaling $8.13 million in the month of June.The following are the transaction:
$1.1 million capital lease secured by yellow iron to a wholesale crawler/tractor rental company...
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July 13, 2022, 07:20 AM
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Crestmark, the Commercial Finance Division of MetaBank, N.A., secured a total of $25,950,000 in ABL/factoring financial solutions for 23 new clients; Crestmark Equipment Finance provided $16,094,651 in 20 new large ticket transactions and $6,435,042...
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June 16, 2022, 07:08 AM
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Crestmark, the Commercial Finance Division of MetaBank, N.A., secured a total of $12,801,160 in ABL/factoring financial solutions for 11 new clients; Crestmark Equipment Finance provided $10,080,680 in 11 new large ticket transactions and $2,320,351...
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May 16, 2022, 07:10 AM
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Crestmark, the Commercial Finance Division of MetaBank, N.A., secured a total of $56,450,000 in ABL/factoring financial solutions for 26 new clients; Crestmark Equipment Finance provided $25,043,991 in 21 new large ticket transactions and $11,837,288...
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April 28, 2022, 07:11 AM
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Clarus Capital announced it has completed a new $20 million credit facility for a regional airline.Clarus’ transaction team was led by Matt Worman. “We are delighted to have partnered with our client to provide a constructive, tailored financing...
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April 18, 2022, 07:19 AM
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Encina Equipment Finance (EEF) announced it has provided a $30 million lease line to a specialty metals company, which will be used to fund the installation of new manufacturing equipment. EEF was represented by Reed Smith LLP.
Launched in June 2017...
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March 30, 2022, 07:15 AM
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CIT Northbridge Credit, as advised by CIT Asset Management, and Tiger Finance announced they have arranged up to $47 million in financing for a leading e-commerce seller of branded consumer products.The financing consists of a $30 million revolving...
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March 30, 2022, 07:11 AM
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Utica Equipment Finance announced the completion of two transactions totaling $7,025,000 in the week of March 21-25.
$800,000 Capital Lease secured by brewing and distillery equipment to a multi-location brewing company that specializes in...
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March 28, 2022, 07:20 AM
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Crestmark, the Commercial Finance Division of MetaBank, N.A., announced it provided more than $34.1 million in commercial financing to 72 businesses in the first half of March. It secured a total of $12,363,696 in ABL/factoring financial solutions...
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March 28, 2022, 07:10 AM
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Encina Equipment Finance (EEF) announced it has provided a $15 million incremental lease financing to an online retailer of printed products and specialized gifts, for the sale leaseback of manufacturing equipment and to support new CAPEX.EEF was...
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March 24, 2022, 07:16 AM
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Encina Equipment Finance (EEF) announced it has provided a $30 million lease financing to a leading healthcare provider. The transaction was structured as a sale-leaseback of medical equipment.EEF was represented by Reed Smith LLP.Launched in June...
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March 17, 2022, 07:14 AM
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Crestmark, the Commercial Finance Division of MetaBank, N.A., announced it provided more than $41.2 million in Commercial Financing to 61 businesses in the second half of February. Crestmark secured a total of $2,650,000 in ABL/factoring financial...
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March 16, 2022, 07:21 AM
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Utica Equipment Finance announced the completion of three transactions totaling $5,150,000 in the first half of March.
$1,250,000 capital lease secured by a hypercar and support vehicles to transport and deliver the vehicle. Utica was able to...
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March 15, 2022, 07:15 AM
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Crestmark, the Commercial Finance Division of MetaBank, N.A., secured a total of $3,291,085 in ABL/factoring financial solutions for 14 new clients; Crestmark Equipment Finance provided $24,477,897 in seven new transactions; and Crestmark Vendor...
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February 28, 2022, 07:16 AM
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Crestmark, the Commercial Finance Division of MetaBank, N.A., announced it secured a total of $23,050,000 in ABL/factoring financial solutions for 19 new clients; Crestmark Equipment Finance provided $21,489,603 in 17 new large ticket transactions...
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February 16, 2022, 07:13 AM
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Utica Equipment Finance announced the completion of a transaction totaling $8,780,000. The $8,780,000 capital lease was secured by audio, visual and lighting equipment to a multi-location production company. Utica was able to provide capital to...
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January 19, 2022, 07:09 AM
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Crestmark, the Commercial Finance Division of MetaBank, N.A., announced it provided more than $200.9 million in commercial financing to 179 businesses in December. Crestmark secured a total of $46,424,626 in ABL/factoring financial solutions for 22...
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January 18, 2022, 07:10 AM
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Big Shoulders Capital provided a $1,500,000 equipment term loan to a Utah-based resort developer. The loan was secured by the developer’s fleet of construction equipment. The developer is building a luxury community on 5,000 acres outside of Park...
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January 18, 2022, 07:00 AM
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Crestmark, the Commercial Finance Division of MetaBank, announced it provided more than $57.5 million in commercial financing to 132 businesses in November. Crestmark secured a total of $13,600,000 in ABL/factoring financial solutions for 23 new...
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December 13, 2021, 07:07 AM
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Loeb announced its continued support to four important clients and a strategic partner. Its financial support will not only help them to endure an uncertain economic environment, but also make strategic acquisitions and help them grow their...
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December 10, 2021, 07:20 AM
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Utica Leaseco, LLC is pleased to announce the completion of one transaction for $1,250,000 during the Nov. 29 to Dec. 3 week.The $1,250,000 refinance was secured by vehicles to a multi-location subscription-based car provider located on the West...
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December 02, 2021, 07:10 AM
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Utica Leaseco, LLC and Utica Equipment Finance announced the completion of three transactions totaling $2,740,000 during the week of Nov. 15-19.
$1,300,000 Capital Lease secured by machinery and equipment to a multi-location coal mining company....
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November 22, 2021, 07:22 AM
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Crestmark, the Commercial Finance Division of MetaBank, announced that it provided more than $41.4 million in commercial financing to 51 businesses in the second of October. Crestmark secured a total of $18,247,152 in ABL/factoring financial...
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November 15, 2021, 07:20 AM
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BHI announced that its Commercial and Industrial Group has closed $1.1 billion in transactions year-to-date 2021. BHI’s C&I Group handles financing for commercial and industrial companies in the middle market and encompasses sectors including private...
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November 10, 2021, 07:10 AM
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CIT Group Inc. announced its Asset-Based Lending business served as joint lead arranger on a $1.16 billion financing for PRO Unlimited Inc., a leading Integrated Workforce Management (IWM) platform provider.Serving hundreds of the world’s most...
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November 03, 2021, 07:02 AM
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Crestmark, the Commercial Finance Division of MetaBank, announced that it provided more than $22.7 million in commercial financing to 76 businesses in the first half of October. Crestmark secured a total of $11,700,000 in ABL/factoring financial...
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October 28, 2021, 07:07 AM
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Stonebriar Commercial Finance announced the closing of a $180 million senior secured term loan with a premier low-cost producer of quality sand to the Permian Basin. This facility represents Stonebriar’s fifth closed transaction with the borrower and...
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October 26, 2021, 07:12 AM
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CIT Group Inc. announced its Technology, Media and Telecommunications business served as sole lead arranger and administrative agent on up to $95 million in financing toward the relaunch of noted Hollywood film production company Castle Rock...
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October 22, 2021, 07:07 AM
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CIT Group Inc. announced that the Industrial group within its Equipment Finance business has provided about $4.4 million in financing toward the acquisition of multiple pieces of heavy equipment. The equipment consists primarily of yard loaders and...
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October 20, 2021, 07:20 AM
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Crestmark, the Commercial Finance Division of MetaBank, announced it provided more than $47.6 million in commercial financing to 75 businesses in the second half of September. Crestmark secured a total of $21,807,000 in ABL/factoring financial...
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October 15, 2021, 07:15 AM
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TAB Bank announce it provided a transportation company in California with a $10.5 million asset-based credit facility. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs.The...
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October 15, 2021, 07:00 AM
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Maxim Commercial Capital saw increased demand across all lending programs during the third quarter 2021. Contractors nationwide are purchasing heavy equipment in response to a surge in infrastructure projects and the active construction industry....
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October 14, 2021, 07:17 AM
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National Funding announced the recent renewal and upsize of a $60.0 million senior secured warehouse line of credit. The facility, which includes an accordion to expand to $75.0 million, was provided by a prominent U.S.-based commercial bank. The...
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October 13, 2021, 07:08 AM
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Encina Equipment Finance (EEF) announced it has provided a $20 million equipment lease line to a provider of environmental services to the power generation industry. The lease line is being used to fund new equipment.EEF was represented by Reed Smith...
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October 11, 2021, 07:20 AM
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Encina Equipment Finance (EEF) announced it has provided a $10 million equipment lease line to a hospital system. The lease line is being used to fund both newly acquired and in-place equipment.EEF was represented by Reed Smith LLP.Launched in June...
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October 04, 2021, 07:20 AM
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Crestmark, the Commercial Finance Division of MetaBank, announced it provided more than $49.8 million in commercial financing to 60 businesses in the first half of September. Crestmark secured a total of $8,530,600 in ABL/factoring financial...
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September 24, 2021, 07:05 AM
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Crestmark, the Commercial Finance Division of MetaBank, N.A., announced it provided more than $23.6 million in commercial financing to 59 businesses in the second half of August. Crestmark secured a total of $3,550,000 in ABL/factoring financial...
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September 14, 2021, 07:15 AM
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Crestmark, the Commercial Finance Division of MetaBank, announced it provided more than $102.5 Million in commercial financing to 55 businesses in the first half of August. Crestmark secured a total of $46,900,000 in ABL/factoring financial solutions...
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August 30, 2021, 07:22 AM
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Utica Leaseco completed two transactions totaling $1,000,000 during the August 16-20, 2021 week.
$500,000 secured by Vehicles for a Ride Sharing company purchasing new electric vehicles. Utica was able to provide working capital to expand and help...
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August 19, 2021, 06:05 AM
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Chicago-based lender, Loeb, financed $9,000,000 worth of industrial machinery and equipment helping six additional companies. The financing is helping companies in the recycling, woodworking, special assets, metalworking, and transportation...
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August 09, 2021, 07:05 AM
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Northern Equipment announced it had secured $353,000 in equipment financing and leasing for four companies during the second half of July.On July 27, Northern Equipment provided equipment financing for a Florida dental office in the amount of...
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August 03, 2021, 07:10 AM
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Crestmark, the Commercial Finance Division of MetaBank, announced it provided more than $81.5 million in Commercial Financing to 82 businesses in the second half of June. Crestmark secured a total of $18,746,500 in ABL/factoring financial solutions...
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July 22, 2021, 07:06 AM
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Utica Leaseco, LLC announced the completion of two transactions totaling $2.2 million during the week of July 12-16.Utica Leaseco and its cannabis industry partner completed a financing of $1,500,000 secured by real estate and equipment to a cannabis...
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July 19, 2021, 07:20 AM
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Commercial Finance Partners closed over $15,000,000 in new SBA 7a Loans for Q2 of 2021. As lending has returned to pre-pandemic levels, Commercial Finance Partners also provided over $10,000,000 in other lending facilities including accounts...
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July 16, 2021, 07:00 AM
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Encina Equipment Finance (EEF) announced it has provided a $10 million equipment loan to an equipment rental company. The loan is being used to fund new equipment purchases.EEF was represented by Reed Smith LLP.Encina Equipment Finance provides loans...
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July 08, 2021, 07:05 AM
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Encina Equipment Finance (EEF) announced it has provided a $20 million equipment lease line to a waste management services company. The equipment lease line is being used to fund new equipment purchases.EEF was represented by Reed Smith LLP.Encina...
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July 06, 2021, 07:15 AM
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Crestmark, the Commercial Finance Division of MetaBank, N.A., announced it provided more than $65.7 million in Commercial Financing to 42 businesses in the first half of June. It secured a total of $53,300,000 in ABL/factoring financial solutions for...
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July 02, 2021, 07:15 AM
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Utica Leaseco, LLC and Utica Equipment Finance announced the completion of two transactions during the week of June 14-18.Utica Equipment Finance completed the funding of a capital lease secured by machinery and equipment to a manufacturing company...
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June 25, 2021, 07:15 AM
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Northern Equipment announced it had secured $678,000 in equipment financing and leasing for four companies during the first half of June.
On June 15, Northern Equipment secured equipment leasing for an Indiana transportation company in the amount of...
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June 21, 2021, 07:12 AM
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Crestmark, the Commercial Finance Division of MetaBank, announced it provided more than $66.5 MM in commercial financing to 67 businesses in the second half of May. Crestmark Equipment Finance provided $11,977,955 in 13 new transactions; Crestmark...
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June 14, 2021, 07:05 AM
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Northern Equipment, based in New York, announced it secured five equipment financings in May, including most recently equipment financing for a Georgia Mexican restaurant in the amount of $100,000. The financing enabled it to use the proceeds to...
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June 07, 2021, 07:19 AM
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Crestmark, the Commercial Finance Division of MetaBank, announced it provided more than $34.1 million in commercial financing to 47 businesses in the first half of May. Crestmark secured a total of $15,790,000 in ABL/factoring financial solutions for...
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June 01, 2021, 07:15 AM
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Boston Financial & Equity recently closed two transactions for startup companies. You've heard of lab grown meat? Now there are lab grown diamonds. This company is on the forefront of being an environmentally and ethically conscious company. They are...
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May 18, 2021, 07:07 AM
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Crestmark, the Commercial Finance Division of MetaBank, announced it provided more than $16.9 million in commercial financing to 78 businesses in the second half of April. Crestmark Equipment Finance provided $5,707,263 in 22 new transactions;...
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May 14, 2021, 07:07 AM
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Align Business Finance announced the closing of a $4 million capital lease to Probitas Ventures. The facility was structured as an amended and re-started lease that drew upon the increased value of the underlying machinery and equipment to provide...
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May 13, 2021, 07:10 AM
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Crestmark announced it provided more than $28.9 million in Commercial Financing to 81 Businesses in the First Half of April. Crestmark Equipment Finance provided $6,616,982 in five new transactions; Crestmark secured a total of $16,518,200 in...
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May 06, 2021, 07:07 AM
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Northern Equipment announced it has secured equipment leasing for a Hawaii Bus Company in the amount of $137,000, enabling the merchant to lease coach buses.Northern Equipment is a provider of customized equipment financing to businesses nationwide....
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April 28, 2021, 07:03 AM
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Crestmark announced it provided more than $70.5 million in commercial financing to 83 businesses in the second half of March. Crestmark Equipment Finance provided $30,768,825 in 15 new transactions; Crestmark Vendor Finance provided $6,544,102 in 57...
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April 20, 2021, 07:19 AM
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Crestmark Provides announced it provided more than $22.1 million in commercial financing to 65 businesses in the first half of March. Crestmark Equipment Finance provided $7,543,149 in four new lease transactions; Crestmark Vendor Finance provided $4...
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April 01, 2021, 07:20 AM
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Crestmark announced it provided more than $46 million in commercial financing to 46 businesses in the second half of February. Crestmark Equipment Finance provided $18,987,216 in six new lease transactions; Crestmark Vendor Finance provided...
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March 15, 2021, 07:15 AM
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Crestmark announced it provided more than $72.7 million in financing to 84 businesses from mid-January to mid-February. Crestmark Equipment Finance provided $21,737,910 in 14 new lease transactions; Crestmark Vendor Finance provided $4,717,776 in 50...
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March 02, 2021, 07:15 AM
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Crestmark announced it provided more than $54.7 million in commercial financing to 57 businesses in the first half of January. Crestmark Equipment Finance provided $6,596,344 in three new lease transactions; Crestmark Vendor Finance provided...
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January 27, 2021, 07:15 AM
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Crestmark announced it provided more than $79 million in financing to 87 business in the second half of December. Crestmark Equipment Finance provided $25,440,689 in 10 new lease transactions; Crestmark Vendor Finance provided $5,792,233 in 65 new...
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January 12, 2021, 07:15 AM
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Encina Equipment Finance (EEF) announced it has provided a $10 million equipment lease line to a consumer products company. The equipment lease line is being used to fund new equipment purchases. EEF was represented by Reed Smith LLP.Launched in June...
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January 04, 2021, 07:20 AM
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Crestmark announced it provided more than $83.9 million in commercial financing to 93 businesses in the first half of December. Crestmark Equipment Finance provided $7,262,607 in six new lease transactions; Crestmark Vendor Finance provided...
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December 30, 2020, 07:25 AM
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Encina Equipment Finance (EEF) announced it has provided a$20 million equipment lease to a global data center operator. The three-year lease is being used to finance new equipment.EEF was represented by Reed Smith LLP.Launched in June 2017, Encina...
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December 21, 2020, 07:05 AM
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Crestmark announced it provided more than $44.8 million in commercial financing to 60 businesses in the second half of November. Crestmark Equipment Finance provided $11,790,009 in three new lease transactions; Crestmark Vendor Finance provided...
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December 08, 2020, 07:15 AM
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Align Business Finance, a provider of capital solutions to middle-market companies across a wide range of industries, announced the closing of a $1.8 million loan to Titan Production Equipment. The facility was structured as a senior secured term...
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December 03, 2020, 07:05 AM
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Nuverra Environmental Solutions, Inc. announced the closing of a multi-faceted debt refinancing with First International Bank and Trust based in Watford City, ND. Nuverra executed a $10.0 million real estate loan, a $13.0 million equipment financing...
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November 25, 2020, 07:06 AM
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Loeb announced its continued support to seven new clients. It will not only help them make it through these tough times, but also help them grow their businesses. Loeb will do this the way it always does -- by leveraging working capital from their...
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November 20, 2020, 07:10 AM
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Align Business Finance announced a trio of recent deals totaling $25.1 million, including a $17 million capital lease for a heavy construction company in California.In addition, the Align Business Finance provided:
$6.0 million senior secured term...
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November 19, 2020, 07:09 AM
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Crestmark announced it provided more than $23.1 million in commercial financing to 11 businesses in the first half of November. Crestmark Equipment Finance provided $4,371,057 in three new lease transactions; Crestmark secured a total of $6,050,000...
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November 19, 2020, 07:05 AM
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Utica Leaseco, LLC and Utica Equipment Finance announced the completion of two transactions totaling $3,350,000 during the week of Nov. 9-14.Utica Equipment Finance completed the funding of a $2,600,000 True Lease to a construction company with...
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November 17, 2020, 07:10 AM
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Utica Leaseco, LLC announced the completion of two transaction totaling $1,230,000 during the week of Nov. 2-6.The transactions were:
$330,000 to a current Utica Leaseco customer, operating within the agricultural sector that needed funding...
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November 10, 2020, 07:10 AM
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Crestmark announced it provided more than $23.3 million in commercial financing to 84 businesses in the second half of October. Crestmark Equipment Finance provided $3,759,627 in two new lease transactions; Crestmark Vendor Finance provided...
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November 06, 2020, 07:20 AM
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Encina Equipment Finance (EEF) announced it has provided a $10million equipment lease line to an infrastructure management software company. The lease line is being used to finance new and in-place equipment. EEF was represented by Reed Smith...
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November 03, 2020, 07:20 AM
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Crestmark announced it provided more than $50.8 million in commercial financing to 135 businesses in the first half of October. Crestmark Equipment Finance provided $2,309,779 in two new lease transactions; Crestmark secured a total of $30,557,358 in...
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October 22, 2020, 07:18 AM
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Commercial Funding Inc., a national provider of invoice factoring and accounts receivable financing, closed its first asset-based lending (ABL) transaction, shortly after announcing the introduction of ABL services in August.The $3.5 million...
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October 16, 2020, 07:06 AM
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Maxim Commercial Capital reported it funded hard asset-secured financings for small and mid-sized businesses (SMBs) in 32 states during the third quarter of 2020. Despite the year’s exceptional challenges, Maxim has not wavered in its commitment to...
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October 14, 2020, 07:10 AM
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Crestmark announced it provided more than $109 million in commercial financing to 109 businesses in the second half of September. Crestmark Equipment Finance provided $20,343,127 in five new lease transactions; Crestmark Vendor Finance provided...
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October 08, 2020, 07:10 AM
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Encina Equipment Finance (EEF) announced it has provided a$20 million equipment leaseline to a leading distributor of industrial products. The lease line is being used to finance new equipment.EEF was represented by Reed Smith LLP.Launched in June...
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October 06, 2020, 07:19 AM
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Stonebriar Commercial Finance announced the closing of an $11 million loan with a market-leading media, technology and content management company engaged in providing hardware and software solutions to the casual and upscale dine-in restaurant...
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October 06, 2020, 07:18 AM
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Crestmark announced it provided more than $27.3 million in commercial financing to 14 businesses in the first half of September. Crestmark Equipment Finance provided $18,189,322 in eight new lease transactions; Crestmark secured a total of $6,973,000...
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September 18, 2020, 07:25 AM
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UMB Capital Finance continues to fund millions in senior debt capital needs with the recent closings of four asset-based credit facilities. These new secured lines with commitments in excess of $71.8 million provide further financing resources to...
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September 17, 2020, 07:00 AM
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SLIM Capital completed a transaction totaling $2.2 million in August for a tire shredding company in the Lone Star State. These long-time tire recycling veterans have been recycling used tires from various facilities throughout Texas.As part of the...
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September 16, 2020, 07:14 AM
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Utica Leaseco, LLC and Utica Equipment Finance announced the completion of two transactions totaling $3,350,000 during the week of Sept. 1-4.A current Utica Leaseco customer, operating within the agricultural sector, needed funding quickly to...
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September 08, 2020, 07:20 AM
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Crestmark announced it provided more than $45.8 Million in commercial financing to 152 businesses in the second half of August. Crestmark Equipment Finance provided $11,387,492 in six new lease transactions; Crestmark Vendor Finance provided...
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September 04, 2020, 07:10 AM
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Crestmark announced it provided more than $47 million in commercial financing to 108 businesses in the first half of August. Crestmark Equipment Finance provided $524,700 in one new lease transaction; Crestmark Vendor Finance provided $8,165,144 in...
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August 25, 2020, 07:10 AM
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CIT Group Inc. announced its Maritime Finance business, part of its Commercial Finance division, served as sole lead arranger on $28 million refinancing for Valloeby Shipping Ltd.
Valloeby, which is owned by a fund managed by a U.S. private equity...
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August 14, 2020, 07:25 AM
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CapX Partners, a middle-market equipment finance provider, announced the completion of a $27 million equipment lease facility for a rapidly growing, Midwest-based client. The facility supports the acquisition of mission-critical equipment enabling...
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August 13, 2020, 07:15 AM
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Crestmark announced it provided more than $86.3 million in commercial financing to 22 businesses in the second half of July. Crestmark Equipment Finance provided $7,765,608 in five new lease transactions; Crestmark secured a total of $29,152,900 in...
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August 12, 2020, 07:21 AM
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Crestmark announced it provided more than $43.4 million in commercial financing to 112 businesses in the first half of July. Crestmark Equipment Finance provided $16,946,772 in three new lease transactions; Crestmark Vendor Finance provided...
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July 24, 2020, 07:15 AM
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First Business announced six recently closed and funded automotive dealer floorplan line of credit facilities totaling more than $16 million.As reported in Equiment Finance Advisor last month, First Business launched Floorplan Financing services...
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July 23, 2020, 07:17 AM
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Encina Equipment Finance (EEF) announced it has provided a $15million equipment lease line to an e-commerce company. The lease line is being used to finance in-place equipment.EEF was represented by Reed Smith LLP.Encina Equipment Finance launched in...
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July 20, 2020, 07:25 AM
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36th Street Capital announced it provided a $10 million lease line of credit to a global cloud computing company. The line will be used to finance new data center equipment to support revenue growth.36th Street Capital is an alternative funding...
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July 15, 2020, 07:20 AM
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Fleet Advantage announced it has secured new business through its Sale-Leaseback program. The transactions include a large international distributor that provides food packaging, disposable supplies, and cleaning and safety products, and a large...
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July 08, 2020, 07:10 AM
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Utica Leaseco, LLC announced the completion of one transaction totaling $11,300,000 during the June 22-26 week.A $11,300,000 refinance secured by machinery and equipment was completed for an agricultural company located in Michigan. By utilizing the...
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June 30, 2020, 07:10 AM
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Pitney Bowes Inc. announced that Wheeler Financial from Pitney Bowes has closed a financing transaction with Compass Medical, an affiliate of Steward Healthcare System. The physician-owned and directed healthcare organization will invest in medical...
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June 25, 2020, 07:12 AM
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Crestmark announced it provided more than $29 Million in commercial financing to 126 businesses in the first half of June. Crestmark Equipment Finance provided $15,319,877 in four new lease transactions; Crestmark Vendor Finance provided $8,710,820...
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June 24, 2020, 07:15 AM
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Stonebriar Commercial Finance announced the closing of a $30 million equipment lease facility with a private equity-owned global provider of cloud computing services. The company securely transfers clients’ information technology workloads out of...
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June 04, 2020, 07:30 AM
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Crestmark announced it provided more than $31.2 million in commercial financing to 105 businesses in the second half of May. Crestmark Equipment Finance provided $2,269,805 in two new lease transactions; Crestmark Vendor Finance provided $8,645,911...
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June 04, 2020, 07:10 AM
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Crestmark announced it provided more than $27.2 million in commercial financing to 32 businesses in the first half of May. Crestmark Equipment Finance provided $7,564,246 in four new lease transactions; Crestmark Vendor Finance provided $10,791,438...
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May 26, 2020, 07:20 AM
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Utica Equipment Finance completed the funding of a $5,400,000 sale and leaseback of cranes located throughout North America. Utica provided funds for working capital purposes.The company, a leading nationwide provider of crane services, was...
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May 18, 2020, 07:20 AM
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Crestmark announced it provided more than $35.2 million in commercial financing to 85 businesses in the second half of April. Crestmark Equipment Finance provided $17,383,632 in eight new lease transactions; Crestmark Vendor Finance provided...
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May 13, 2020, 07:14 AM
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Pitney Bowes Inc. announced that Wheeler Financial from Pitney Bowes has closed a financing transaction with Aspirar Medical Lab. The medical testing company, located in Cary, NC, is investing the funding in new laboratory equipment and software to...
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May 08, 2020, 07:19 AM
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UMB Capital Finance continues to fund millions in senior debt capital needs with the recent closings of four asset-based credit facilities. These new secured lines with commitments in excess of $21.3 million provide further financing resources to an...
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May 07, 2020, 07:10 AM
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Encina Equipment Finance (EEF) announced it has provided a $19 million equipment lease to a nuclear power services company. The three-year lease is being used to finance in-service equipment.EEF was represented by Reed Smith LLP.
Launched in June...
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May 04, 2020, 07:20 AM
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1st Commercial Credit closed on a $750,000 accounts receivable financing facility involving a merger and acquisition finance transaction of a metal fabricator. The factory specializes in metal forming using large hydraulic presses and manufactures...
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May 04, 2020, 07:05 AM
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Encina Equipment Finance (EEF) announced it has provided a $20 million equipment lease line to a food manufacturing company. The lease line is being used to fund new equipment purchases.EEF was represented by Reed Smith LLP.Launched in June 2017...
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April 30, 2020, 07:20 AM
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Crestmark announced it provided more than $41.3 Million in commercial financing to 77 businesses in the first half of April. Crestmark Equipment Finance provided $6,088,469 in six new lease transactions; Crestmark Vendor Finance provided $5,776,035...
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April 29, 2020, 07:20 AM
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Amerisource Business Capital announced the closing and funding of a $4 million revolving credit facility for a Texas-based natural gas compression services firm.Allison Billings, Regional Market Manager for Amerisource, stated: “We worked closely...
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April 29, 2020, 07:00 AM
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Encina Equipment Finance (EEF) announced it provided a $15 million equipment lease line to a fleet management services company. The lease line is being used to fund new equipment purchases.EEF was represented by Reed Smith LLP.Launched in June 2017...
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April 27, 2020, 07:15 AM
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CIT Group Inc. announced its Technology, Media and Telecommunications unit served as joint lead arranger and administrative agent for a $325 million round of financing for Mobilitie Investments III LLC, a telecommunications infrastructure...
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April 24, 2020, 07:25 AM
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Encina Equipment Finance (EEF) announced it has provided an $18 million equipment lease line to a food packaging manufacturer. The lease line is being used to fund new equipment purchases.EEF was represented by Reed Smith LLP.Launched in June 2017...
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April 23, 2020, 07:20 AM
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Stonebriar Commercial Finance announced the closing of a $20 million equipment lease facility with a leading provider of healthcare services. The company operates accredited hospitals and specialty care clinics in multiple states across the U.S.The...
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April 20, 2020, 07:25 AM
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LTi Technology Solutions (LTi), a provider in equipment finance software solutions, announced a partnership with Class 8 Funding with the implementation of the ASPIRE platform into its business. Continuing its mission of leveraging the latest...
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April 20, 2020, 07:18 AM
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Encina Equipment Finance (EEF) announced it has provided a $9 million equipment lease to a medical device manufacturer. The five-year capital lease is being used to fund new equipment purchases.EEF was represented by Reed Smith LLP.Launched in June...
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April 20, 2020, 07:10 AM
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Utica Leaseco, LLC announced the completion of one transaction totaling $2,250,000 during the April 6-10 week.The $2,250,000 refinance was secured by machinery and equipment to an automotive company located in Missouri. By providing working capital...
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April 20, 2020, 07:05 AM
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Utica Equipment Finance announced it has completed the funding of a $10 million Capital Lease for a Steel Mill in Louisiana. The assets financed included, land, building loading dock, crane and machinery and equipment. Utica provided funds for...
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April 17, 2020, 07:20 AM
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Maxim Commercial Capital announced it funded hard asset-secured financings for 250 small and mid-sized businesses (SMBs) during the first quarter of 2020. With the onset of the COVID-19 pandemic, Maxim adapted quickly to safer-at-home working...
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April 15, 2020, 07:20 AM
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Crestmark announced it provided more than $24 million in commercial financing to 76 businesses in the second half of March. Crestmark Equipment Finance provided $3,654,190 in five new lease transactions; Crestmark Vendor Finance provided $5,048,790...
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April 13, 2020, 07:25 AM
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Encina Equipment Finance (EEF) announced it has provided a $25 million equipment lease to a specialty chemicals company. The four-year lease is being used to fund in-place equipment.EEF was represented by Reed Smith LLP.Launched in June 2017, Encina...
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April 06, 2020, 07:19 AM
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Encina Equipment Finance announced it has provided a $25 million equipment lease line to a data center operator. The lease line is being used to fund new equipment purchases.EEF was represented by Reed Smith LLP.Launched in June 2017, Encina...
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April 02, 2020, 07:20 AM
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Overseas Shipholding Group, Inc. announced it has closed on a $33,150,000 loan led by Wintrust Commercial Finance (WCF), a division of Wintrust Asset Finance Inc. for a term of five years. OSG’s subsidiary, OSG 204 LLC, obtained the loan to finance...
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March 31, 2020, 07:30 AM
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NFS Leasing, Inc. and Gro-Well Brands have reached an agreement to expand their equipment financing relationship. NFS Leasing has financed over $1.1 MM of manufacturing equipment for Gro-Well’s production of natural and organic products. Inspired by...
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March 31, 2020, 07:05 AM
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Encina Equipment Finance announced it has provided a $15 million equipment lease line to a hospital operator. The lease line is being used to fund new equipment purchases.EEF was represented by Reed Smith LLP.Launched in June 2017, Encina Equipment...
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March 30, 2020, 07:20 AM
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Crestmark announced it provided more than $49.4 million in commercial financing to 70 businesses in the first half of March. Crestmark Equipment Finance provided $13,763,020 in six new lease transactions; Crestmark secured a total of $20,250,000 in...
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March 25, 2020, 07:26 AM
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Utica Equipment Finance completed the funding of a $3,900,000 Capital Lease secured by tractors, trailers and equipment located in Oregon. Utica provided the funds to refinance existing debt and provide working capital for the company.Utica Equipment...
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March 24, 2020, 07:17 AM
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NFS Leasing Inc., a Beverly, MA, equipment finance company, has partnered with Gravity Diagnostics, a state-of-the-art CLIA laboratory providing innovative laboratory services including testing of COVID-19. NFS Leasing has financed a total of $2.2...
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March 23, 2020, 07:25 AM
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KeyBank Specialty Finance Lending announced it has closed a $50 million revolving credit facility for the Oxford Finance Credit Fund I LP, a private debt fund managed by Oxford Finance LLC. Oxford Finance is a specialty finance firm providing senior...
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March 12, 2020, 07:17 AM
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Crestmark announced it provided more than $32.3 million in commercial financing to 61 businesses in the second half of February. Crestmark Equipment Finance provided $15,950,106 in nine new lease transactions; Crestmark Vendor Finance provided $4,247...
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March 10, 2020, 06:55 AM
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Emerald Organic Products, Inc., a diversified health sciences company which includes cannabidiol (CBD)-focused products, announced it has executed a definitive agreement whereby Alliance Funding Group has extended a $20 million sales finances line to...
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March 06, 2020, 07:05 AM
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36th Street Capital announced a recently funded $8 million equipment financing for a leading technology company that provides ridesharing, meal preparation and delivery services to end-users worldwide.“This transaction required us to partner with the...
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March 02, 2020, 07:22 AM
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Utica Leaseco, LLC announced the completion of three transactions totaling more than $12,500,000 during the week of Feb. 24-28.
$12,000,000 capital lease secured by machinery and equipment to a multi-location oil field service provider located in...
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March 02, 2020, 07:16 AM
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Pitney Bowes Inc. announced that Wheeler Financial from Pitney Bowes has closed a financing transaction with T.W. Phillips Grading Inc. The company is using the capital to expand its fleet of heavy equipment and position itself for growth. Based in...
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February 28, 2020, 07:14 AM
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A West Coast-based early stage rocket manufacturer has completed an equipment financing with story lender NFS Leasing, Inc. The new space industry company has established a test site and plans to begin test launches over the next 12 months. The...
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February 27, 2020, 07:10 AM
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Crestmark announced it provided more than $41.6 million in commercial financing to 77 businesses in the first half of February. Crestmark Equipment Finance provided $24,532,533 in 10 new lease transactions; Crestmark Vendor Finance provided...
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February 25, 2020, 07:10 AM
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Sterling National Bank's Asset-Based Lending Group provided senior secured credit facilities totaling $17,200,000 to a nationwide construction equipment provider.The transaction was originated by Ken Frank, a Managing Director located in Sterling’s...
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February 24, 2020, 07:05 AM
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Encina Equipment Finance announced it has provided a $13 million equipment loan to an automotive parts manufacturer. The five-year loan is being used to fund new equipment purchases.EEF was represented by Reed Smith LLP.Launched in June 2017, EFF...
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February 20, 2020, 07:25 AM
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Encina Equipment Finance announced it has provided a $38 million equipment lease to a container manufacturer. The five-year lease is being used to fund new equipment purchases.EEF was represented by Reed Smith LLP.Launched in June 2017, Encina...
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February 18, 2020, 07:18 AM
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Crestmark announced it provided more than $42.3 million in commercial financing to 112 businesses in the second half of January. Crestmark Equipment Finance provided $12,156,249 in 12 new lease transactions; Crestmark Vendor Finance provided...
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February 11, 2020, 07:25 AM
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NFS Leasing, Inc. and AG Manufacturing announced they have closed on custom financing for AG Manufacturing that buys out its existing lender and provides additional working capital. This working capital will support manufacturer in its endeavors in...
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February 11, 2020, 07:15 AM
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Stonebriar Commercial Finance (SCF) has closed an additional $30 million equipment lease facility with its existing customer, an industry-leading food processing company, to support the growth of a new innovative product line.SCF will provide interim...
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February 03, 2020, 07:17 AM
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CIT Group Inc. announced its Power and Energy unit served as sole lead arranger on a $42.8 million in debt financing to support NY Solar Farms, a 70-megawatt community solar portfolio located in central and northeastern New York State.The solar...
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January 28, 2020, 07:10 AM
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CIT Group Inc. announced its Real Estate Finance business served as administrative agent for an $87 million loan to finance construction of a new logistics warehouse and storage facility adjacent to John F. Kennedy International Airport in Queens, NY...
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January 27, 2020, 07:10 AM
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Crestmark announced it provided more than $54.7 million in commercial financing to 85 businesses in the first half of January. Crestmark Equipment Finance provided $20,756,115 in 10 new lease transactions; Crestmark Vendor Finance provided $7,781,607...
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January 23, 2020, 07:20 AM
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CIT Group Inc. announced its Power and Energy unit arranged approximately $200 million in financing for a 76-megawatt portfolio of community solar projects in four states.The financing was arranged on behalf of Clearway Energy Group, one of the...
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January 22, 2020, 07:20 AM
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Maxim Commercial Capital announced it finished 2019 with the busiest December in the company’s 11-year history and funded 664 loans to small and mid-sized businesses (SMBs) during the year. Maxim lends $10,000 to $3 million secured by heavy...
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January 22, 2020, 07:15 AM
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Boston Financial & Equity started off 2020 by closing a lease transaction for a Seattle-based drug discovery company. The company founded in 2011, originally funded by family and friends, has raised over $29 million to date. Its approach to drug...
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January 14, 2020, 07:10 AM
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Crestmark announced it provided more than $48.4 million in commercial financing to 93 businesses in the second half of December. Crestmark Equipment Finance provided $25,940,291 in 14 new lease transactions; Crestmark Vendor Finance provided...
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January 08, 2020, 07:13 AM
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Utica Equipment Finance completed the funding of a $10.6 million capital lease secured by machinery and equipment located in West Virginia. Utica provided the funds for the acquisition of a coal mining operation.Utica Equipment Finance, an affiliate...
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January 08, 2020, 07:05 AM
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Peter Lowney, President of First Business Capital Corp., announced a recently closed and funded $4,100,000 revolving line of credit facility; equipment term loan; equipment CapX loan; and real estate term loan for a commercial door manufacturer in...
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January 07, 2020, 06:45 AM
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LTi Technology Solutions announced that Dext Capital is the 100th customer on the ASPIRE platform in the LTi Cloud. Dext Capital is an independent lessor serving the healthcare industry’s lending needs.In choosing its ideal software solution, Dext...
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January 06, 2020, 07:27 AM
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Encina Business Credit, LLC (EBC) announced it has provided a $10 million senior secured credit facility to a leading provider of oilfield equipment and services. The facility consists of a revolving line of credit based on accounts receivable. Loan...
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December 30, 2019, 07:25 AM
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Crestmark announced it provided more than $51.6 million in commercial financing to 90 businesses in the first half of December. Crestmark Equipment Finance provided $2,002,812 in one new lease transaction; Crestmark Vendor Finance provided...
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December 20, 2019, 07:20 AM
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Encina Business Credit, LLC (EBC) announced it has provided a $15 million senior secured credit facility to a coal mining company. The facility consists of a revolving line of credit based on accounts receivable and equipment. Loan proceeds will be...
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December 19, 2019, 07:20 AM
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Stonebriar Commercial Finance announced the closing of a $40 million equipment lease facility with a publicly traded oilfield services provider. The company provides completion, intervention and production services in all the major U.S. onshore oil...
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December 18, 2019, 07:20 AM
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Smart Sand, Inc. announced it has refinanced its existing credit facility into a combination five-year equipment financing (Oakdale equipment financing) and a five-year senior secured asset-based lending credit facility (ABL credit facility).The...
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December 18, 2019, 07:13 AM
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DEXT Capital announced it has provided financing for a new Accuray Radixact Radiation Oncology Center for Integrated Oncology Network (ION) and its subsidiary, Gamma West Cancer Services. In November 2019, the Timpangos Cancer Services opened. It is...
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December 11, 2019, 07:15 AM
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Arboretum Investment Advisors, LLC, a fund manager and SEC-registered investment advisor that specializes in asset-backed and equipment finance funds, has announced one of Arboretum's propriety equipment leasing funds closed on a $25 million senior...
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December 06, 2019, 07:25 AM
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Crestmark announced it provided more than $32.5 million in commercial financing to 95 businesses in the second half of November.Crestmark Equipment Finance provided $8,866,343 in seven new lease transactions; Crestmark Vendor Finance provided...
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December 06, 2019, 07:20 AM
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Wintrust Receivables Finance announced the closing and funding of a $1.5 million credit facility for a trucking company based in Illinois. The company specializes in hauling dry goods, sheet metal and general freight, while also providing...
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December 04, 2019, 07:10 AM
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Encina Equipment Finance announced it has provided a $15 million equipment lease line to a healthcare services provider. The line is being used to fund new equipment purchases.EEF was represented by Reed Smith LLP.Launched in June 2017, Encina...
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December 02, 2019, 07:25 AM
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Pitney Bowes Inc. announced Wheeler Financial from Pitney Bowes has closed a financing transaction with Thoroughbred Diagnostic Labs. The company will invest in new laboratory testing equipment to extend the screening services it delivers to its...
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November 27, 2019, 07:19 AM
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Western Alliance Bank reported its Equipment Finance Group funded nearly $25 million in essential use equipment financing projects during the third quarter of 2019. The group has financed $184.5 million in projects to-date this year.“As new...
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November 26, 2019, 07:25 AM
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Crestmark announced it provided more than $40.1 million in commercial financing to 92 businesses in the first half of November. Crestmark Equipment Finance provided $16,833,431 in eight new lease transactions; Crestmark secured a total of...
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November 25, 2019, 07:25 AM
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Mega Highwall Mining LLC. is a coal mining company founded in 2015. It operates both ADDCAR and Superior Highwall Mining Systems. Mega Highwall operates its machines on land that has previously been used as a mining site. The company’s automation can...
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November 21, 2019, 07:15 AM
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Encina Equipment Finance announced it has provided a $20 million equipment lease line to a communications services provider. The line is being used to fund new equipment purchases.
EEF was represented by Reed Smith LLP.Launched in June 2017, Encina...
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November 19, 2019, 07:05 AM
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Utica Leaseco, LLC announced the completion of one transaction totaling $750,000 during the Nov. 11-15 week.
$750,000 true lease secured by machinery and equipment to a medical company located in California. Utica provided the working capital for...
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November 18, 2019, 07:05 AM
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Charlotte, NC-based Commercial Credit Group Inc. (CCG), an independent commercial equipment finance company, announced the closing of a 144a privately placed term asset-backed security (ABS) transaction (the 2019-2 transaction). The $317,122,000...
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November 15, 2019, 07:20 AM
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Founded in late 2014, Flow Alkaline Spring Water was built on the principles of being the world’s first socially responsible water company. Independent equipment financer, NFS Leasing, Inc. has provided Flow Alkaline Spring Water with the support it...
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November 14, 2019, 06:55 AM
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Utica Leaseco, LLC announced the completion of two transactions totaling $2,750,000 during the Nov. 4-8 week.It completed the following:
$2,000,000 capital lease secured by machinery and equipment to a hemp processing company located in California...
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November 08, 2019, 07:18 AM
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Pitney Bowes Inc. announced Wheeler Financial from Pitney Bowes has closed a financing transaction with Alpine Coffee of Englewood, CO. The specialty coffee distributor recently upgraded its manufacturing equipment to maintain its service levels to a...
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November 08, 2019, 07:10 AM
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Crestmark announced it provided more than $34.3 million in commercial financing to 99 businesses in the second half of October. Crestmark Equipment Finance provided $15,558,380 in 14 new lease transactions; Crestmark Vendor Finance provided...
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November 07, 2019, 06:50 AM
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Utica Equipment Finance announced it has completed the funding of a capital lease line up to $2.0 million, secured by passenger cars to a for-hire vehicle rental car company located in the Northeast. Utica provided the working capital for this...
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November 06, 2019, 07:20 AM
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CIT Group Inc. announced its Aerospace, Defense and Government Services business served as administrative agent, security agent and lead lender on an $80 million senior secured revolving credit facility for AerFin Holdings.Founded in 2010, AerFin is...
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November 06, 2019, 07:10 AM
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Encina Equipment Finance announced it has provided a $4 million equipment loan to a leading scrap metal services company. The loan is being used to fund new and used equipment purchases.Encina Equipment Finance was represented by Reed Smith...
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November 04, 2019, 07:20 AM
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Pitney Bowes Inc. announced Wheeler Financial from Pitney Bowes has closed a financing transaction with RJ Smith Companies of Richmond, VA. The site development and highway construction firm is investing the capital in equipment to meet growing...
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October 30, 2019, 07:15 AM
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Wintrust Receivables Finance announced the closing and funding of a $20 million credit facility for a third-party logistics provider based in Chicago. The company, which was founded two years ago, has become one of the fastest growing enterprises in...
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October 30, 2019, 07:06 AM
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Crestmark secured a total of $5,100,000 in ABL financial solutions for six new clients; Crestmark Equipment Finance provided $4,048,244 in six new lease transactions; Crestmark Vendor Finance provided $8,025,138 in 81 new lease transactions; and the...
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October 22, 2019, 07:15 AM
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Utica Equipment Finance, LLC announced the completion of two transactions during the Oct. 7-11.Utica Equipment Finance completed the funding of a $1,750,000 term loan (CAD $2,300,000) secured by machinery and equipment to a logging-based contractor...
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October 18, 2019, 07:05 AM
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CIT Group Inc. announced CIT Northbridge Credit, through its investment advisor CIT Asset Management LLC, served as sole lead arranger on a $40 million senior secured credit facility for Hantover Inc., a leading distributor of products to the food...
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October 17, 2019, 07:07 AM
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Maxim Commercial Capital announce it provided hard-asset secured financing to 170 small and mid-sized businesses (SMBs) during the third quarter of 2019. Maxim lends $10,000 to $3,000,000 to SMBs nationwide secured by heavy equipment and real estate...
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October 16, 2019, 07:15 AM
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Wintrust Receivables Finance announced the closing and funding of a $4 million credit facility for a transportation broker based in Illinois. The company, which was founded less than three years ago, has shown consistent growth since its inception....
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October 16, 2019, 07:10 AM
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CIT Group Inc. announced its Real Estate Finance unit served as lead arranger on $87 million in financing for a portfolio of Storage Rentals of America-branded self-storage facilities.The financing will be used by a fund managed by SROA Capital, LLC...
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October 11, 2019, 07:05 AM
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Pitney Bowes Inc. announced Wheeler Financial from Pitney Bowes has closed a financing transaction with InterWest Paper, a full-service recycling facility for the Pro Recycling Group. Located in Denver, CO, InterWest Paper has been managing...
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October 10, 2019, 07:20 AM
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36th Street Capital announced a recently funded a $6 million equipment financing for a leading energy services company that provides fuel cell solutions to commercial clients.“This was a sale lease back for a green energy company experiencing rapid...
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October 09, 2019, 07:25 AM
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Encina Equipment Finance announced it has provided a $10 million equipment lease line to a utility infrastructure services company. The lease line is being used to fund new equipment purchases.Launched in June 2017, Encina Equipment Finance provides...
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October 08, 2019, 07:20 AM
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Utica Leaseco, LLC announced the completion of two transactions totaling $900,000 during the October 1-4, week.Utica Leaseco completed the funding of a $400,000 true lease secured by machinery and equipment to a hemp processing company located in...
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October 08, 2019, 07:20 AM
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Crestmark announced it provided more than $45 million in commercial financing to 65 businesses in the second half of September.Crestmark Equipment Finance provided $20,017,859 in 15 new lease transactions; Crestmark Vendor Finance provided $5,101,432...
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October 04, 2019, 07:25 AM
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Amerisource Business Capital announced the closing and funding of a $2 million senior credit facility for a hardware manufacturing company based in California. Proceeds of the facility are being used to support working capital and sales growth.Danilo...
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October 01, 2019, 07:10 AM
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Utica Leaseco announced the completion of two transactions totaling over $800,000 during the week of September 23-27.
$450,000 secured by machinery and equipment to a current Utica customer, operating within the construction industry. The customer...
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September 30, 2019, 07:10 AM
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CIT Group Inc. announced its Technology, Media and Telecommunications business arranged an $18 million financing package for Denovo Ventures LLC.Denovo, a provider of managed IT services and enterprise resource planning (ERP) consulting expertise for...
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September 25, 2019, 07:20 AM
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Encina Equipment Finance announced it has provided a $17 million equipment loan to an oil and gas midstream infrastructure company. The loan is being used to fund new equipment purchases.Launched in June 2017, Encina Equipment Finance provides loans...
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September 24, 2019, 07:30 AM
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Utica Leaseco and Utica Equipment Finance announced the completion of two transactions totaling over $8 million during the week of Sept. 16-20.
$7,600,000 capital lease secured by machinery and equipment to a technology company located in San Jose...
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September 24, 2019, 07:02 AM
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Crestmark announced it provided more than $33 million in commercial financing to 71 businesses in the first half of September. Crestmark Equipment Finance provided $10,041,309 in four new lease transactions; Crestmark Vendor Finance provided...
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September 20, 2019, 07:20 AM
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PNC Bank, National Association, announced the closing of a $42.38 million senior secured credit facility for Madison-Kipp Corporation (MKC), a portfolio company of Dallas, TX-based Trive Capital.The transaction includes a $15.775 million equipment...
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September 17, 2019, 07:25 AM
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Stonebriar Commercial Finance announced the closing of a $55 million equipment lease facility with a private equity-owned manufacturer of ceramic fiber products and specialty microfiber materials. Through manufacturing plants worldwide, the lessee...
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September 11, 2019, 07:30 AM
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Crestmark announced it provided more than $52 million in commercial financing to 74 businesses in the second half of August. Crestmark Equipment Finance provided $8,809,604 in three new lease transactions; Crestmark Vendor Finance provided $6,071,483...
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September 11, 2019, 07:15 AM
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TBF Financial purchased nearly $60 million in non-performing loans from a major online small business lender in recent transactions, CEO Brett Boehm announced.TBF bought the pools of post-charge-off loans as the highest bidder in transactions...
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September 10, 2019, 07:25 AM
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Encina Equipment Finance announced it has provided a $5 million equipment lease line to an environmental solutions company. The facility is being used to fund new and used equipment purchases.EEF was represented by Reed Smith LLP.
Launched in June...
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September 10, 2019, 07:18 AM
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Pitney Bowes announced that Wheeler Financial from Pitney Bowes has closed two financing transactions with Eagle Access. The construction services company is investing the capital in high-tech bridge work equipment, which differentiates them in the...
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September 05, 2019, 07:15 AM
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Encina Equipment Finance announced it has provided a $10 million equipment lease line to a business process automation company. The facility is being used to fund new equipment purchases.Encina Equipment Finance was represented by Reed Smith...
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September 03, 2019, 07:30 AM
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Encina Equipment Finance announced it has provided a $10 million equipment lease line to a third-party logistics company. The facility is being used to fund new equipment purchases.Encina Equipment Finance was represented by Reed Smith LLP.Launched...
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August 14, 2019, 07:20 AM
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Boston Financial & Equity recently closed a lease transaction for $500,000. The company, a spin-off of a major materials handling company, developed a proven and patented process to recover carbon black and other marketable liquid chemicals from...
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August 14, 2019, 07:00 AM
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Peter Lowney, President of First Business Capital Corp., announced a recently closed and funded $6.1 million credit facility including a revolving line of credit, equipment term loan and a real estate term loan for a commercial door manufacturer...
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August 12, 2019, 07:15 AM
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Government Leasing, LLC has completed $2 million financing of office equipment for the U.S. Army.Government Leasing has specialized in providing a multi-year repayment alternative to vendors selling equipment to government entities for 40 years. It...
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August 09, 2019, 07:00 AM
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CIT Group Inc. announced it served as sole lead arranger of a $60 million financing for Carolina Restaurant Group (CRG), operators of 108 Wendy’s restaurant franchises across North Carolina and South Carolina.Based in Charlotte, NC, CRG has been in...
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August 07, 2019, 07:05 AM
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LTi Technology Solutions announced that, after extensive research into current lease and loan management systems, Signature Financial LLC will upgrade to LTi’s ASPIRE v.5 platform. Signature Financial, Signature Bank’s wholly owned equipment finance...
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August 06, 2019, 07:20 AM
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Encina Equipment Finance announced it has provided a $15 million equipment lease line to a data center operator. The facility is being used to fund new equipment purchases.Encina Equipment Finance was represented by Reed Smith LLP.Launched in June...
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August 06, 2019, 07:15 AM
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IDS, a provider of asset finance and origination technology, announced Allegiance Financial Group (AFG) has selected IDS InfoLease 10 for portfolio management as it looks to drive growth by financing their customers’ mission critical systems.IDS...
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August 06, 2019, 07:10 AM
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Crestmark announced it provided more than $41 million in commercial financing to 69 businesses in the second half of July. Crestmark Equipment Finance provided $4,673,558 in four new lease transactions; Crestmark secured a total of $27,055,000 in ABL...
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August 06, 2019, 07:00 AM
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United Capital Partners announced it secured $1 million approval for equipment finance line of credit for a high-growth customer.United's customer, a merging global leader in the advanced electronic materials and films sector, looking to finance its...
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August 05, 2019, 07:07 AM
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Encina Equipment Finance announced it has provided a $12 million secured equipment loan to a trucking company. The facility is being used to fund new equipment purchases.Encina Equipment Finance was represented by Reed Smith LLP.Launched in June 2017...
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August 01, 2019, 07:10 AM
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Pitney Bowes announced Wheeler Financial from Pitney Bowes has closed a financing transaction with Bryant’s Land and Development. The engineering and construction firm is using the capital to upgrade its equipment for improved productivity and...
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August 01, 2019, 07:05 AM
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Encina Equipment Finance announced it has provided a $13 million equipment lease line to a material sciences company. The facility is being used to fund new equipment purchases.Encina Equipment Finance was represented by Reed Smith LLP.Launched in...
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July 30, 2019, 07:22 AM
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Pitney Bowes announced that Wheeler Financial from Pitney Bowes has closed a financing transaction with Covenant Trucking Company Inc.Covenant Trucking has served the Raleigh, NC, area since 1996. It is a full-service dump truck hauling and project...
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July 30, 2019, 07:15 AM
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Pitney Bowes announced that Wheeler Financial from Pitney Bowes has closed a financing transaction with Ghilotti Bros. Inc. (GBI) to help it grow the business.GBI is a prominent, 105-year-old construction firm in Northern California that is on its...
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July 18, 2019, 07:23 AM
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Crestmark announced it provided more than $29.3 million in commercial financing to 50 businesses in the first half of July. Crestmark Equipment Finance provided $9,412,769 in six new lease transactions; Crestmark Vendor Finance provided $3,414,574...
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July 18, 2019, 07:20 AM
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Ivory Consulting Corporation announced Barrett Capital Corporation, a specialty finance company with a focus in financing energy efficiency projects for developers, will begin using Ivory’s flagship modeling and pricing product, SuperTRUMP, to...
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July 09, 2019, 07:10 AM
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Crestmark announced that it provided more than $51 million in commercial financing to 94 businesses in the second half of June. Crestmark Equipment Finance provided $21,416,745 in seven new lease transactions; Crestmark secured a total of $4,360,000...
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July 03, 2019, 07:25 AM
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Stonebriar Commercial Finance announced the closing of a $30 million senior secured term loan facility with a private equity backed oilfield services provider of fluids management, equipment rental and wellsite services to the onshore oil and gas...
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June 25, 2019, 07:19 AM
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Stonebriar Commercial Finance announced the closing of a $40 million sale-leaseback transaction with a large private equity-owned security services company providing high-level security and training for the U.S. government and commercial clients...
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June 17, 2019, 07:30 AM
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Stonebriar Commercial Finance Canada announced the closing of a $35 million equipment lease facility with a joint venture majority owned by an investment grade strategic industrial and a natural resources-focused private equity group. The joint...
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June 12, 2019, 07:20 AM
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GlyEco, Inc. and its wholly owned subsidiary GlyEco West Virginia, Inc. on May 31 entered into a combined equipment finance transaction with NFS Leasing, Inc. that consists of a new offer of lease and a lease line for certain operational equipment...
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June 07, 2019, 07:00 AM
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Crestmark announced it provided more than $81 million in commercial financing to 88 businesses in the second half of May. Crestmark Equipment Finance provided $634,961 in one new lease transaction; Crestmark secured a total of $33,650,000 in ABL...
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June 05, 2019, 07:05 AM
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Boston Financial & Equity recently closed a $250,000 equipment lease line with a company in the healthcare sector. Digital Wayfinding to be specific…in hospitals. Have you ever lost your way in those hospital hallways and buildings? This company is...
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June 05, 2019, 07:00 AM
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Crestmark announced it provided more than $41.7 million in commercial financing to 92 businesses in the first half of May. Crestmark Equipment Finance provided $17,524,792 in six new lease transactions; Crestmark secured a total of $16,550,000 in ABL...
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May 22, 2019, 07:20 AM
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Utica Leaseco announced the closing of a $20 million lease facility for the manufacturer of a high-tech proprietary energy product. The lease is secured by machinery and equipment and other intangible property.
The manufacturer, which closed a...
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May 03, 2019, 07:28 AM
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Crestmark announced it provided more than $73.8 Million in commercial financing to 78 businesses in the second half of April. Of that total, Crestmark Equipment Finance provided $16,764,511 in eight new lease transactions. Crestmark Vendor Finance...
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May 03, 2019, 07:10 AM
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Wintrust Commercial Finance (WCF) announced it acted as lead arranger for a $90 million term loan facility for a national transportation and logistics services firm. Proceeds from the facility, which includes a $40 million accordion feature, will be...
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May 02, 2019, 07:20 AM
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Boston Financial & Equity recently closed an $800,000 lease line for company in “stealth” mode. The company, based in New York City, had an oversubscribed series A round of $11 million. The company plays an integral role in the ever-important field...
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May 01, 2019, 07:10 AM
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Encina Equipment Finance announced it has provided a $20 million capital lease facility to a healthcare services company. The facility is being used to fund new equipment deliveries.Launched in June 2017, Encina Equipment Finance provides loans and...
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April 23, 2019, 07:10 AM
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Crestmark provided more than $43.9 million in commercial financing to 78 businesses in the first half of April. Crestmark Equipment Finance provided $7,481,066 in four new lease transactions; Crestmark secured a total of $10,250,000 in ABL financial...
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April 18, 2019, 07:25 AM
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Global vendor finance company DLL announced the closing of DLL 2019-1 ABS (Asset Backed Securities) securitization transaction in the United States for $500 Million. This is the fifth ABS transaction (and fourth in United States) for DLL, since...
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April 16, 2019, 07:25 AM
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Commercial Credit Group Inc. (CCG) announced the closing of a 144a privately placed term asset-backed security (ABS) transaction (the 2019-1 transaction). The $302,732,000 financing was placed with a broad group of institutional investors. Wells...
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April 16, 2019, 07:06 AM
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Maxim Commercial Capital announced it provided hard-asset secured financing to 160 small and mid-sized businesses (SMBs) during the first quarter of 2019. Maxim lends $10,000 to $3 million to SMBs secured by heavy equipment and real estate, and is a...
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April 10, 2019, 07:25 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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Wintrust Commercial Finance (WCF) announced the origination and placement of $46 million in debt financing for one of the largest civil engineering and construction firms in the U.S. WCF holds approximately $22 million of the transaction and...
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April 09, 2019, 07:17 AM
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Med One Group recently announced an eight-figure transaction booked on March 13. This $28 million transaction will benefit 16 healthcare facilities on the East Coast. This custom lease arrangement will allow for needed upgrades during the next two...
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April 09, 2019, 07:15 AM
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Sertant Capital completed a $10.5MM transaction for a full-service flexible film and paper packaging manufacturer and converter specializing in sustainable packaging for the food, beverage, nutraceutical, construction, textile and health care...
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April 02, 2019, 07:22 AM
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Crestmark announced it provided more than $30.7 million in commercial financing to 88 businesses in the first half of March. Crestmark Equipment Finance provided $4,041,482 in five new lease transactions; Crestmark secured a total of $8,075,000 in...
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March 20, 2019, 06:50 AM
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Lease Corporation International (LCI), the aviation division of the Libra Group, has expanded its longstanding relationship with Weststar Aviation Services Sdn Bhd (Weststar) with the recent delivery of two additional helicopters on operating leases...
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March 11, 2019, 07:01 AM
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Encina Equipment Finance announced it has provided a $5 million lease facility to a marine services company. The facility is being used to refinance an existing lease contract.Launched in June 2017, Encina Equipment Finance provides loans and leases...
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March 08, 2019, 07:20 AM
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Crestmark announced it provided more than $15.1 million in commercial financing to 58 businesses in the second half of February.Crestmark Equipment Finance provided $1,829,207 in two new lease transactions; Crestmark secured a total of $1,700,000 in...
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March 06, 2019, 06:53 AM
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Crestmark announced it provided more than $65.4 million in commercial financing to 72 businesses in the first half of February. Crestmark Equipment Finance provided $27,776,071 in 15 new lease transactions; Crestmark Vendor Finance provided...
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February 22, 2019, 07:20 AM
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CIT Group Inc. announced CIT Northbridge Credit, through its investment advisor CIT Asset Management LLC, served as sole lead arranger on a $24 million senior secured credit facility for Pocono ProFoods, a foodservice distributor in the Northeast and...
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February 14, 2019, 07:05 AM
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Stonebriar Commercial Finance announced the closing of a $35 million equipment sale and leaseback with a private equity-owned oil and gas midstream company that provides gathering and processing services to exploration and production customers. The...
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February 13, 2019, 07:22 AM
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Flower One Holdings Inc. announced it has entered into a Master Lease Agreement with Reich Bros Commercial Finance, for up to $30 million in lease financing for equipment at its 455,000-square-foot greenhouse and production facility in North Las...
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February 12, 2019, 07:20 AM
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Crestmark provided more than $36.4 million in commercial financing to 55 businesses in the second half of January.Crestmark Equipment Finance provided $8,304,101 in four new lease transactions; Crestmark Vendor Finance provided $3,801,143 in 41 new...
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February 11, 2019, 07:25 AM
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Crestmark provided more than $25.6 million in commercial financing to 94 businesses in the first half of January.The company secured a total of $11,199,163 in ABL financial solutions for 10 new clients; Crestmark Equipment Finance provided $3,599,632...
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January 25, 2019, 07:00 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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Crestmark’s Joint Ventures division and the Government Guaranteed Lending division secured a combined total of $73,280,557 in financial solutions for six solar energy clients in the second half of December. Joint Ventures division
On Dec. 18, a $4...
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January 16, 2019, 07:10 AM
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Ivory Consulting Corporation announced AP4 Capital LLC, a specialty finance advisory firm, selected SuperTRUMP to assist its investor clients to evaluate and structure complex, after-tax leases.“Ivory Consulting is pleased to support AP4 Capital as...
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January 15, 2019, 07:00 AM
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Crestmark provided more than $59.4 million in commercial financing to 82 businesses in the second half of December. Crestmark Equipment Finance provided $19,598,832 in eight new lease transactions; Crestmark Vendor Finance provided $4,738,826 in 59...
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January 09, 2019, 07:20 AM
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People's United Bank, N.A., a subsidiary of People's United Financial, Inc., announced its Commercial Banking division closed on an amendment and extension of an existing $135 million syndicated credit facility for NFS Leasing, Inc., a Boston-based...
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January 08, 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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Tamarack Consulting recently has taken five of its new clients live on Salesforce utilizing Tamarack’s proprietary Loan/Lease Origination Accelerator. With more than 45 Salesforce clients utilizing the Loan/Lease Origination service, Tamarack has...
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January 08, 2019, 07:05 AM
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Crestmark provided more than $16.7 million in commercial financing to 64 businesses during the first half of December. Of that total, Crestmark Equipment Finance provided $740,098 with one new lease transaction and Crestmark Vendor Finance provided...
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December 21, 2018, 07:20 AM
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Microf, a leading HVAC lender has upgraded its lease origination, servicing and collections platform to Lending and Leasing as a Service (LLaaS) solution from DecisivEdge.Microf was looking to replace its inflexible, aging leasing software to enable...
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December 19, 2018, 07:05 AM
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Data Sales Co. announced its continued relationship with Backblaze, increasing its lease facility to $18 million to support Backblaze’s domestic and global IT equipment expansion.With more than 700 petabytes of data storage, Backblaze’s growing...
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December 12, 2018, 07:25 AM
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Ivory Consulting Corporation announced Bell Bank Equipment Finance, a newly formed equipment finance division of Bell Bank, selected SuperTRUMP to support the modeling and pricing of the after-tax leases that they plan to provide to its...
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December 12, 2018, 07:15 AM
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Wintrust Commercial Finance (WCF), a division of Wintrust Asset Finance Inc., announced the funding of a $20 million term loan for a premier crane and rigging company with its headquarters in northern California. The funds were used to refinance...
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December 06, 2018, 07:20 AM
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Crestmark Equipment Finance provided $17,779,303 in eight new lease transactions in the second half of November. It was part of $37.4 million in commercial financing to 74 businesses for Crestmark during the period.Crestmark Vendor Finance provided...
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December 06, 2018, 07:00 AM
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Boston Financial & Equity recently closed a $900,000 equipment lease for a startup company that provides service to the agricultural industry.The company helps farms take a high-tech approach to improve yield and revenue, with the largest cloud-based...
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December 05, 2018, 07:10 AM
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Crestmark provided more than $23.2 million in commercial financing to 86 businesses in the first half of November. Crestmark Equipment Finance provided $12,095,622 in four new lease transactions; Crestmark Vendor Finance provided $6,700,000 in 75 new...
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November 21, 2018, 07:15 AM
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International Decision Systems (IDS), a provider of equipment finance and origination software, announced North Star Leasing Company (NSL) has selected IDScloud to support its growing equipment leasing business.IDScloud provides the full capability...
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November 14, 2018, 07:05 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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Encina Equipment Finance announced today that it has provided a $14 million equipment lease line to a healthcare services company. The facility is being used to fund the purchase of new equipment.Launched in June 2017, Encina Equipment Finance...
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November 08, 2018, 07:17 AM
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Crestmark announced it provided more than $25.6 million in commercial financing to 83 businesses in the second half of October.
Crestmark Equipment Finance provided $1,245,051 in one new lease transaction; Crestmark Vendor Finance provided...
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November 05, 2018, 07:20 AM
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Brian Trebels, CEO of Equipment Leasing Group of America, LLC (ELGA), announced the purchase of a premier portfolio of top-brand truck tractor and construction crane leases. Remaining lease terms for the trucks included in the deal average 29 months...
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October 29, 2018, 07:15 AM
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Encina Equipment Finance and Encina Business Credit jointly announced they have provided a $35 million senior secured credit facility to a medium- and long-haul trucking company. The financing, which is comprised of a revolving line of credit, a term...
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October 18, 2018, 07:20 AM
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ECN Capital Corp. announced it has closed the sale of Element Rail Leasing I (ERL I) representing approximately 55 percent of its rail finance portfolio to affiliates of Trinity Industries Leasing Company on the terms previously announced.ECN Capital...
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October 18, 2018, 07:05 AM
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Stonebriar Commercial Finance announced the closing of a $30 million equipment lease facility with a private-equity-owned global market leader in the airport ground services and cargo handling industry. The leased assets consist of new loaders...
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October 15, 2018, 07:05 AM
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CIT Group Inc. announced its Maritime Finance unit served as sole lead arranger on a $15 million senior secured loan for MRC Maritime Holdings, a ship-owning entity controlled by a private New York City-based investment fund manager.The loan...
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October 11, 2018, 07:15 AM
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Encina Equipment Finance announced it has provided a $10 million equipment lease line to an aviation services company. The facility is being used to fund the purchase of new equipment.
Launched in June 2017, Encina Equipment Finance provides loans...
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October 11, 2018, 07:10 AM
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White Clarke Group announced Exeter Finance has extended its contract for the CALMS Loan Origination Software. The company first implemented its industry-proven Loan Origination Software with Exeter Finance back in 2013 and has continued to grow and...
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October 10, 2018, 12:00 PM
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Crestmark provided more than $67.5 million in commercial financing to a total of 69 businesses in the second half of September. Its Asset-based Lending Division secured a total of $22,050,000 in ABL financial solutions for eight new clients;...
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October 04, 2018, 07:17 AM
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36th Street Capital recently funded a $7 million lease for food processing equipment with a company specializing in producing specialty food products. “The company was in need of additional equipment to support the production of a new line of...
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October 03, 2018, 07:23 AM
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People's United Bank, N.A. a subsidiary of People's United Financial, Inc., announced its Commercial Banking division acted as Lead Arranger for a three-year, $60 Million expandable Senior Revolving Credit Facility for NS Leasing, LLC dba North Star...
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October 02, 2018, 07:25 AM
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Key Equipment Finance, one of the nation's largest bank-held equipment finance companies and an affiliate of KeyCorp, announced it will provide $100 million in project financing for new Bloom Energy commercial and industrial fuel cell deployments...
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September 28, 2018, 07:25 AM
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Zosano Pharma Corporation announced it has entered into a new capital equipment leasing line of up to $14 million from Trinity Capital Investment, a leading venture debt provider. This will provide financing for the purchase and installation of an...
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September 27, 2018, 07:15 AM
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Encina Equipment Finance announced it has provided a $15 million equipment lease line to a specialized transportation company. The facility is being used to fund the purchase of new equipment.Launched in June 2017, Encina Equipment Finance provides...
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September 27, 2018, 07:10 AM
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Stonebriar Commercial Finance announced the closing of a $23 million equipment lease with a privately held market leader in the industrial equipment rental business.The leased assets consist of new and late model aerial lift equipment. This lease...
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September 25, 2018, 07:10 AM
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Encina Equipment Finance announced it has provided a $10 million equipment lease line to a crane services company. The facility is being used to fund the purchase of new and used equipment.Launched in June 2017, Encina Equipment Finance provides...
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September 20, 2018, 07:05 AM
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Onset Financial announced it has financed $15 million dollars in relatively unsecured international equipment. This company has experienced extraordinary growth over the past few years and this financing will help them strategically grow their...
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September 20, 2018, 06:50 AM
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Encina Equipment Finance announced it has provided a $12.5 million equipment lease to a coal mining company. The facility is being used to fund new equipment purchases.Launched in June 2017, Encina Equipment Finance provides loans and leases ranging...
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September 17, 2018, 07:20 AM
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Crestmark secured a total of $31,046,038 in financial solutions with 16 transactions for 14 new clients in the second half of August.
On Aug. 16, a $400,000 accounts receivable purchase facility was provided to a trucking company in Illinois. The...
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September 06, 2018, 07:15 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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Commercial Credit Group Inc. (CCG), an independent commercial equipment finance company, announced the closing of a 144a privately placed term asset-backed security (ABS) transaction (the 2018-2 transaction).The $251,673,000 financing was placed with...
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August 30, 2018, 07:20 AM
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Tiger Capital Group announced that it has provided Commander Oilfield Services, LLC (Commander) with a $5 million capital infusion that allows the company to add premium assets and expand its service lines to meet strong customer demand in the...
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August 23, 2018, 07:05 AM
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Crestmark secured a total of $46,935,891 in financial solutions with 18 transactions for 14 new clients in the first half of August.
On Aug. 3, a $75,000 accounts receivable purchase facility was provided to trucking brokerage in Alabama. The...
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August 22, 2018, 07:05 AM
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ATEL Leasing Corporation announced the acquisition of chassis valued at $9,826,655 leased to Matson, Inc.Matson is a U.S. transportation services company that provides comprehensive freight shipping and logistics operations to countless terminals...
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August 21, 2018, 07:17 AM
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Chesswood Group Limited announced its largest subsidiary, Pawnee Leasing Corporation, has closed a $250 million warehouse facility specifically to fund Pawnee’s growing prime portfolio.The warehouse facility will hold Pawnee’s prime receivables...
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August 20, 2018, 07:25 AM
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Wesleyan Bank, a specialist provider of commercial finance solutions and part of Wesleyan Group, announced a new growth initiative by entering the wholesale finance market with small ticket, finance house D&D Leasing.D&D Leasing is an 18-year-old...
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August 20, 2018, 07:06 AM
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Citi Retail Services announced a long-term agreement with Caterpillar Financial Services Corporation (Cat Financial) to provide a private label credit card program in the United States and Canada. Cat Financial will jointly manage the overall program...
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August 17, 2018, 07:22 AM
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Capital One announced it has renewed and upsized the three-year, expandable senior secured revolving credit facility it originally provided 36th Street Capital Partners in June 2017. The revolver is now $75 million—an increase of $25 million.“We are...
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August 15, 2018, 07:29 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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Crestmark secured a total of $74,854,453 in financial solutions for 26 new clients in the second half of July.The transactions are as follows:
On July 16, an $830,000 term loan facility was provided to an independent wealth management firm in...
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August 07, 2018, 07:10 AM
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LH-Finance has chosen to implement White Clarke Group’s CALMS Compass Floorplan Finance Software to help support the growth of its inventory finance business.LH-Finance, the marine division of United Bank of Hartford, CT, will provide floorplan...
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July 27, 2018, 07:10 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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Odessa, a provider of equipment finance software solutions, announced LEAF Commercial Capital, Inc., a subsidiary of People's United Bank, N.A., has selected the Odessa Platform and the LeaseWave Product Suite. Continuing its history of leveraging...
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July 17, 2018, 07:25 AM
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Nutritional High International Inc. announced it received a $2 million conditional lease commitment for the funding of new extraction and lab processing equipment from Veterans Capital Corp. or its assignee (the Lender).The company intends to use the...
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July 16, 2018, 07:12 AM
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Lease Corporation International (LCI), the aviation division of the Libra Group, announced it has entered into an agreement to place a Boeing 747-400F on a long-term lease with Atlas Air Inc., a wholly owned subsidiary of Atlas Air Worldwide Holdings...
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July 13, 2018, 07:15 AM
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Lease Corporation International (LCI), the aviation division of the Libra Group, has delivered a third new Leonardo AW169 helicopter to Elitaliana S.r.l. in Italy, fully equipped for Emergency Medical Services (EMS) operations.The helicopter enters...
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July 09, 2018, 07:05 AM
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Lease Corporation International, the aviation division of the Libra Group, announced the long-term extension of the lease of one of its Boeing 747-400 freighters to ACT Airlines. “We’re delighted to be extending our longstanding partnership with ACT...
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July 06, 2018, 07:20 AM
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Lease Corporation International (LCI), the aviation division of the Libra Group, announced its first helicopter lease in China with the placement of three new Leonardo AW139 aircraft with Shanghai Kingwing Aviation Co., each configured for Emergency...
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July 03, 2018, 07:15 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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Amerisource Business Capital announced the closing and funding of a $1 million credit facility for an oilfield tools and equipment company in Texas. Proceeds of the facility were used to support business growth.“The company was referred to...
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June 25, 2018, 07:00 AM
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Crestmark secured a total of $25,274,400 in financial solutions for 18 new clients in the first half of June.
On June 1, a $1,500,000 accounts receivable purchase facility was provided to a trucking company in Michigan. The financing will be used...
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June 20, 2018, 07:10 AM
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With its third Edmonton auction of the year, Ritchie Bros. sold close to 7,300 equipment items for more than $72 million—up 32 percent from last year's June sale.The June 12–14 auction attracted more than 9,550 people from over 50 countries...
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June 18, 2018, 07:10 AM
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Amerisource Business Capital announced the closing and funding of a $1 million credit facility for a pipe cutting and onsite assembly company in Texas. Proceeds of the facility were used to support continued business growth.“The company’s banker...
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June 18, 2018, 07:05 AM
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Encina Equipment Finance announced it has provided a $10 million equipment lease line to an automotive component supplier. The facility is being used to refinance certain existing equipment leases and to fund new equipment purchases.Launched in June...
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June 14, 2018, 07:15 AM
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Milestone Trailer Leasing, with its headquarters in Missouri, has acquired leases for 1,575 dry vans from Heartland Express of North Liberty, Iowa. This move will add additional trailers – manufactured from 2014 to 2017 – equipped with tracking, tire...
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June 13, 2018, 07:15 AM
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Peter Lowney, President, announced First Business Capital Corp. recently closed and funded a $3.4 million credit facility including a revolving line of credit and equipment term loan for a private-equity-backed transportation and storage business in...
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June 12, 2018, 07:15 AM
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Encina Equipment Finance announced it has provided a $14 million equipment lease line to a specialized transportation company. The facility is being used to fund new equipment purchases.Launched in June 2017, Encina Equipment Finance provides loans...
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June 11, 2018, 07:20 AM
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Encina Business Credit, LLC (EBC) announced it has provided a $20 million asset-based revolving credit facility to Heritage Travelware, Ltd. Based in Elgin, Ill., Heritage is a designer and distributor in the business case, luggage and travel goods...
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June 08, 2018, 07:00 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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Stonebriar Commercial Finance announced the closing of SCFET 2018-1, a $578 million asset-backed securitization transaction. It marks the fourth equipment securitization transaction Stonebriar has closed in the last 24 months and its first to secure...
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June 01, 2018, 07:30 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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DLL, a vendor finance company, and AGCO, a global firm in the design, manufacture and distribution of agricultural solutions, announced the closing of DLL 2018-1 for $824.38 million.The notes are backed by $896.5 million of loans and leases secured...
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May 10, 2018, 07:30 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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Encina Equipment Finance announced it has provided a $10 million equipment lease line to a private equity-backed heavy equipment rental company. The facility is being used to fund new equipment purchases.Launched in June 2017, Encina Equipment...
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May 02, 2018, 07:15 AM
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Loeb in partnership with Heritage Global Partners and Blackbird Asset Services announced the sale of Green Flash’s Virginia Beach brewing equipment to New Realm Brewing Company, a Southeast-based craft brewery.The partners were able to execute a...
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April 27, 2018, 07:10 AM
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Ascentium Capital LLC issued a $330 million small ticket equipment securitization of Ascentium Equipment Receivables 2018-1 Trust. This represents the company’s ninth securitization since 2012 and the first time a non-investment grade, independent...
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April 26, 2018, 07:20 AM
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Hitachi Business Finance, a division of Hitachi Capital America Corp., recently participated in five syndicated transactions and provided two A/R financing facilities for a total of $74.2 million.As participants in syndicated transactions, Hitachi...
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April 26, 2018, 07:10 AM
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Encina Equipment Finance announced it has provided an $11 million equipment term loan to a private equity-backed oilfield services company. The facility is being used to refinance certain existing debt and to fund new equipment purchases.Launched in...
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April 25, 2018, 07:15 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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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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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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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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Arandell Corporation, a catalog printing and omnichannel solution, had been searching for strategic acquisitions and methods of expansion to support its existing customer base and broaden its service and format offerings. Via a new strategic...
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March 29, 2018, 06:50 AM
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ENGS Commercial Finance Co. has closed a $225.4 million equipment securitization through ENGS Commercial Finance Trust 2018-1.This is ENGS’ third securitization transaction since 2015, collateralized by a segregated pool of commercial loan contracts...
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March 27, 2018, 07:20 AM
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Boston Financial & Equity closed a $300,000 equipment lease line for a startup company in California. The idea of this company was conceived by the founder in 2014, who had both a law degree and a medical degree from a top tier university. The...
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March 27, 2018, 07:10 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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Loeb Term Solutions financed over $2.3 million worth of industrial machinery helping two more companies within the metalworking and precision machining industries leverage working capital from their machinery and equipment.LTS offers specialty...
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February 09, 2018, 07:00 AM
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CG Commercial Finance completed a strong calendar year 2017 with a number of significant new account fundings during the fourth quarter across a series of industries, assets types, and credit profiles. Q4 fundings included the following:
$8.5MM...
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January 26, 2018, 07:15 AM
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Encina Equipment Finance announced that it has provided a $10 million equipment lease line to a private equity-backed industrial services company. The facility is being used to finance certain existing unencumbered assets and to provide for new...
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January 25, 2018, 07:10 AM
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Acrecent Financial provided over $20 million of financing to 15 Puerto Rico businesses post Hurricane Maria, while becoming increasingly active in its nascent credit strategy for U.S. exports to Mexico businesses. The Acrecent team is committed to...
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January 11, 2018, 06:09 AM
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Mazuma Capital funded retail dispensers for a company that has a substantial footprint in the Midwest. This equipment allows the company to start an additional side to their business.“We are excited to provide the critical financing to drive growth,”...
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January 02, 2018, 06:07 AM
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AloStar provided a $15 million committed credit facility to a comprehensive commercial refrigeration and HVAC solutions provider servicing the food industry.The company provides a range of specialized installation, preventative maintenance repair and...
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December 05, 2017, 07:02 AM
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Loeb Term Solutions (LTS) announced the financing of another $3.8 million worth of industrial machinery helping a manufacturer and distributor of utility, wireless, and structural towers and components leverage working capital from their...
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December 01, 2017, 07:00 AM
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Crestmark secured a total of $14,478,600 in financial solutions for 10 new clients in the first half of November.
On Nov. 1, a $600,000 accounts receivable purchase facility was provided to a trucking company in Georgia. The financing will be used...
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November 17, 2017, 06:00 AM
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Boston Financial & Equity closed two deals totaling $500,000. The first company was founded in 2015 with a $15 million investment from a global healthcare investment firm. The company focuses on a new drug development and therapy using the patient’s...
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November 15, 2017, 07:00 AM
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Encina Equipment Finance (EEF) and Great Rock Capital jointly announced today that they have provided a $33 million senior secured credit facility to Falcon Transport (Falcon). The financing was used to help fund CounterPoint Capital Partners’...
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October 05, 2017, 07:15 AM
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CapX Partners provided a $15 million true lease structure that facilitated the procurement of new bottling and pasteurization lines to further expand capacity for Los Angeles-based Califia Farms, founded in 2010 by beverage visionary Greg Steltenpohl...
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September 28, 2017, 07:00 AM
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TEQlease Capital announced the company has provided $4 million in warehouse racking financing for Western Distribution Services LLC, a premier cold storage warehousing and logistics company in the Pacific NW Region. The financing was part of a...
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August 21, 2017, 07:06 AM
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Crestmark announced the closing of $13.5MM in lease transactions in the second half of July. Lease transactions completed include:
A $2,500,000 new lease transaction was completed on July 17 with a health care provider in the southeastern U.S. The...
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August 09, 2017, 07:00 AM
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Boston Financial & Equity closed a $350,000 lease line with a company that is developing a bench top system to address the acute need in biologic product development and manufacturing . The System will provide real-time, rapid, and direct...
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July 27, 2017, 07:01 AM
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Boston Financial & Equity Corporation has provided lease financing to a 16 year old company has finally hit its stride. The company is a software provider that provides predictive modeling in the transportation sector to state and regional...
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June 21, 2017, 06:15 AM
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Chicago-based lender, Loeb Term Solutions financed $6,900,000 worth of industrial machinery and equipment helping 5 more companies. The financing is helping companies in Metalworking, Woodworking, Agriculture & Contract Manufacturing, to expand their...
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April 10, 2017, 07:06 AM
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Loeb Term Solutions announces the successful closing of a cross-border, industrial equipment financing transaction for a manufacturing production line in Tijuana, Mexico.“Our goal is to provide the client with the best options for their financing...
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March 06, 2017, 07:05 AM
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Beacon Funding financed nine pieces of equipment for Lone Star Awards and Graphics, a company which began as a small trophy and engraving business with one laser engraver, but soon wished to expand. The financing helped transform the business into a...
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February 28, 2017, 06:42 AM
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TAB Bank announced it provided $19.2 million in trucking equipment loans for 193 transportation companies during the 4th quarter of 2016. Based in different regions of the country, these companies represent a broad spectrum of trucking entities...
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January 18, 2017, 06:00 AM
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Boston Financial & Equity closed its first deal of 2017. Their newest lessee is a startup company, based in San Diego, CA and was referred to the company by a “venture” bank that couldn’t do the transaction. The company was founded in 2013 and has...
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January 13, 2017, 07:00 AM
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Chicago-based lender, Loeb Term Solutions, closed out the year by financing another $6,900,000 dollars’ worth of industrial machinery and equipment in December. The financing supports a precision die casting company, a metal fabrication facility, an...
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January 09, 2017, 07:15 AM
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Pacific Mercantile Bank, the wholly owned subsidiary of Pacific Mercantile Bancorp announced that it has extended $2.3 million in financing to Direct Edge Media consisting of a $1.7 million term loan for acquisition financing and $600,000 in...
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December 19, 2016, 07:00 AM
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Loeb Term Solutions recently provided an equipment term loan to a Texas-based contract packaging facility specializing in fluid management for oil and gas well drilling, production and servicing. The client was in need of additional working capital...
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November 21, 2016, 06:46 AM
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CIT Group announced that CIT Aerospace, Defense & Government Finance served as sole lead arranger in a $52 million senior secured credit facility to North American Rescue, LLC (NAR), the premier provider of survivability and casualty care medical...
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November 11, 2016, 07:00 AM
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Tetra Corporate Services, an equipment leasing company, announced they provided a $765,000 lease for medical laboratory equipment to a company located on the West Coast.Tetra provides a vast range of creative equipment leasing solutions for all types...
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November 02, 2016, 06:51 AM
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36th Street Capital recently funded a $4 million lease financing of cranes and additional mission critical equipment for a national engineering company focused on building infrastructure and renewable energy facilities in the U.S.Mark Horan, Chief...
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October 24, 2016, 07:05 AM
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Wintrust Commercial Finance, through one of its key capital markets partners, recently closed $10.0MM in Split-TRAC leases for cement mixers with a leading producer of ready-mix cement and aggregates. The proceeds of the financing were used to...
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October 18, 2016, 07:10 AM
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Boston Financial & Equity Corporation (BFEC) recently funded an equipment lease for a Vaccine platform and development company. The company was originally funded by two strategic corporate investors, and its most recent round, $22 million by an...
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October 18, 2016, 07:05 AM
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Alpine Capital announced that it has provided $7.5 million in financing, which consisted of a $3 million senior secured revolving line of credit, a $2.5 million senior secured term loan, and a $2 million equipment lease line to Claris Vision Holdings...
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October 14, 2016, 07:00 AM
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Hitachi Business Finance recently provided $6 million to four companies across the U.S.Of the new clients that received financing, the first is a Midwestern auto supplier. The company is experiencing massive growth opportunities and was in need of...
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October 12, 2016, 06:58 AM
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Tetra Corporate Services announced the company provided a $900,000 lease for batching and hay processing equipment to a farm located in the Midwest.Tetra provides a vast range of creative equipment leasing solutions for all types of businesses...
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October 03, 2016, 07:28 AM
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Loeb Term Solutions recently provided an equipment term loan to a Pennsylvania-based contract packaging facility specializing in private label and specially crafted fine foods. The client was in need of additional working capital in order to expand...
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September 26, 2016, 07:15 AM
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36th Street Capital recently funded a $5 million lease financing of cranes, commercial vehicles, and additional mission critical equipment for a national utility equipment rental company. Mark Horan, chief growth officer at 36th Street Capital...
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September 19, 2016, 07:08 AM
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Nations Equipment Finance (NEF), announced they have provided several U.S. and Canadian companies with equipment financing. Some featured transactions include:
A Term Loan for $3,400,000 for a motor coach bus company to purchase new buses to...
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September 01, 2016, 07:00 AM
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CapX Partners announced the closing of a $2.6 million customized equipment lease line of credit to Imperial Frozen Foods, a leading supplier of frozen fruits and fruit blends. Imperial will use the CapX lease facility to finance equipment for the...
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August 24, 2016, 07:04 AM
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KLC Financial announced the restructuring of debt for a local manufacturing company.A full service plastic injection molding company with over 30 years of experience was in need of a significant equipment debt refinance. They were referred to KLC...
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August 24, 2016, 07:03 AM
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Tetra Corporate Services announced they provided a $512,000 lease for auxiliary power units to a trucking company located in the Midwest.Tetra provides a vast range of creative equipment leasing solutions for all types of businesses including...
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August 11, 2016, 07:00 AM
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CapX Partners (CapX) announced the closing of a $5.25 million lease line of credit to PCX Aerostructures. PCX Aerostructures (“PCX”) is a world-class supplier of highly engineered, precision, flight critical and structural assemblies for rotorcraft...
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August 10, 2016, 07:08 AM
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36th Street Capital recently provided $5 million of lease financing to a leading managed hosting and cloud services company. The funding of mission critical equipment allows the company to continue making infrastructure investments to support revenue...
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July 27, 2016, 07:00 AM
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Boston Financial & Equity Corporation (BF&EC) recently provided a $1 million lease line for servers to thier newest lessee, described by BF&EC as still in “stealth” mode and on their way to disrupting the way we all work on our desktops. The company...
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July 13, 2016, 07:00 AM
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Mazuma Capital has completed a $36 million true lease for a global medical diagnostics servicing firm. The sale & leaseback transaction, comprised of production equipment and soft costs, was vital for Mazuma’s customer. It allowed them to enhance...
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July 06, 2016, 06:56 AM
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Wintrust Commercial Finance, through its Capital Markets team and in coordination with two of its valued syndication partners, recently closed $11MM in leases for distribution equipment with a leading supplier of building and specialty materials. The...
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July 05, 2016, 07:22 AM
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Beacon Funding is recognizing Global Sign & Awning for utilizing boom truck financing to advance its business growth. The lender financed 2 boom trucks, one bucket, one sign boom, and financed the sale of a used boom truck for Global Sign & Awning....
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June 29, 2016, 07:00 AM
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CG Commercial Finance (CGCF) has completed an 84 month operating lease for ArcelorMittal USA in the amount of $4,500,000 consisting of a used Caterpillar Rotary Blasthole Drill and accessories.ArcelorMittal USA is a wholly owned subsidiary of...
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April 06, 2016, 07:00 AM
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Loeb Term Solutions provided financing of over $7,400,000 dollars’ worth of equipment to a Southeast metalworking facility which has experienced substantial growth over the past 8 years. The financing is helping the facility, which specializes in...
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February 19, 2016, 07:05 AM
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Marquette Business Credit announced it recently funded an $8,200,000 credit facility to Nelson-Miller, Inc., a portfolio company of Superior Capital Partners. Based out of Los Angeles, California, Nelson-Miller, Inc. is an internationally recognized...
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February 11, 2016, 07:04 AM
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Chicago-based lender, Loeb Term Solutions, closed January by financing over $6,800,000 dollars’ worth of industrial machinery and equipment. The financing is helping a coal mining operation, a southeast plastics manufacturer, and an oilfield...
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February 05, 2016, 07:13 AM
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Stonebriar Commercial Finance (SCF) provided $46.5 million loan financing for various transportation assets to accomplish a time sensitive year-end client objective. The Borrower is a multi-billion dollar, near investment grade, mid-stream energy...
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February 01, 2016, 07:14 AM
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CG Commercial Finance (CGCF) announced it has provided lease financing totaling $6,887,616 for various CNC machines to fulfill the increased production requirements of TURBOCAM’s major customers.TURBOCAM is a global turbomachinery engineering and...
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November 23, 2015, 07:05 AM
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Boston Financial & Equity Corporation (BFEC) recently closed two transactions. The first was for a “prepared meals to go” company, which is expanding from the Midwest to the East, and along with that growth is the need for packaging equipment. As an...
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November 18, 2015, 06:32 AM
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TAB Bank announced it has provided a $4.5 million asset-based credit facility for a logistics and supply chain management company with operations in California and the Northeast. The new facility will pay off the company’s previous lender and...
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November 16, 2015, 06:59 AM
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Stonebriar Commercial Finance provided a $10 million, 36-month finance lease for new servers, switches, networking and data center infrastructure critical to a lessee's call center operations. The lessee is a global provider of outsourced customer...
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November 11, 2015, 07:10 AM
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FirstMerit Bank Business Credit announced it closed a new $15,000,000 revolving loan facility to Sakthi Automotive on November 4, 2015. Proceeds of the facility were used to refinance existing debt and provide working capital. FirstMerit...
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November 09, 2015, 07:00 AM
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Stonebriar Commercial Finance announced it has provided $20.0 million of lease financing to a subsidiary of a diversified global supplier of aluminum products servicing the aerospace, automotive and packaging industries. The proceeds of the lease...
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October 26, 2015, 07:16 AM
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TEQlease Education Finance announced that the company has provided Fenton Charter Public Schools, a Los Angeles Pre-K-6 charter school group, with a comprehensive equipment lease financing solution for laptops, tablets, and IT infrastructure...
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October 23, 2015, 07:00 AM
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Wintrust Commercial Finance (WCF) recently provided $10 million of tractor, tank truck and tank trailer financing to a major provider of logistics services, and fuel and lubricant delivery, serving a wide variety of industries. The proceeds of the...
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October 06, 2015, 07:06 AM
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Tetra Corporate Services announced they provided a $1.2M lease for office equipment to a medical company located in the Intermountain Region.
Tetra provides a vast range of creative equipment leasing solutions for all types of businesses including...
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September 08, 2015, 07:00 AM
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Stonebriar Commercial Finance has provided a $10 million lease financing to a major Agricultural distributor. The Lessee is a national best-in-class independent distributor of agricultural input products, including seed, fertilizer, crop protection...
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September 03, 2015, 07:10 AM
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Loeb Term Solutions recently participated in providing an equipment term loan to a Midwest food manufacturing, distribution, retail company specializing in artisan foods. The client was in need of additional working capital to restructure debt and...
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July 20, 2015, 06:48 AM
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CG Commercial Finance (CGCF) announced it has provided lease financing totaling $12,605,000 for air movers, liquid-vacuum trucks, cranes, and hydro-blasters used to service the chemical and oil and gas industries. The transactions were completed...
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July 15, 2015, 07:00 AM
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TEQlease Capital announced that the company has provided equipment lease financing for Triview Glass Industries, a premier glass cutting company on the West Coast.“The equipment financed (a glass cutting CNC) is an integral machine for providing...
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July 02, 2015, 06:00 AM
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CG Commercial Finance (CGCF) has completed an operating lease in the amount of $10,206,405 for Yellow Iron, Manitowoc Cranes, Fleet Trucks, Skytrak Forklifts, and Wheel Loaders and Backhoes.The Lessee is a leading General Engineering contractor...
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June 25, 2015, 07:00 AM
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Macquarie CAF Lending, a leading provider of middle market leveraged finance solutions and part of Macquarie’s Corporate and Asset Finance Group, agented and was the largest lender committing to the majority of the first lien senior credit facility...
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June 17, 2015, 06:00 AM
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First Niagara announced the completion of a $5 million conservation equipment financing deal for the Syracuse Housing Authority (SHA). The funding will be used to purchase energy saving appliances and materials for 13 Syracuse housing sites...
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June 16, 2015, 07:04 AM
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Boston Financial & Equity recently closed a $600K lease line for manufacturing and production equipment. This ten year old “startup has been funded since its beginnings by three venture capitalists with over $20 million. The company develops and...
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June 16, 2015, 07:00 AM
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Quail Financial Solutions, a division of Quail Capital Corp, Burbank, CA announced it arranged its 6th round of financing for a traveling circus. The financing included procurement of A/C units, generators, trailers & RV’s as well as staging and...
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June 12, 2015, 06:58 AM
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Quail Financial Solutions, a division of Quail Capital Corp, Burbank, CA announced it arranged $2.5MM funding for a regional healthcare facility. Quail Financial Solutions was able to secure financing with no personal guarantees for an upgrade...
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June 11, 2015, 05:00 AM
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Quail Financial Solutions, a division of Quail Capital Corp, Burbank, CA announced it arranged funding for a national web hosting company. The transaction consisted of Dell servers. The borrower is a rapidly growing company requiring consistent...
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June 05, 2015, 06:00 AM
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Sterling Construction Company announced that the Company has closed a new financing effective May 29, 2015. The new $40 million credit facility with Nations Equipment Finance (“NEF”) will be secured by Sterling’s equipment. A summary of the agreement...
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June 01, 2015, 07:10 AM
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Loeb Term Solutions recently provided an equipment term loan to a southwestern commercial bakery specializing in sweet and savory frozen bakery products. The company is looking to restructure their current financing and expand their operations to...
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May 29, 2015, 06:57 AM
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Business Capital has secured a $5MM growth capital facility for Hortau, a SaaS/Ag platform and pioneer in designing and manufacturing technology-enabled soil monitoring and irrigation management systems for agricultural applications. Its patented...
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May 28, 2015, 06:00 AM
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Cordy Oilfield Services announced that it has entered into an amended and restated loan and security agreement with Nations Equipment Finance, LLC (the "Lender") effective Friday May, 22, 2015 (the "Amended and Restated Facility"). The Amended and...
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May 27, 2015, 07:05 AM
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Stonebriar Commercial Finance announced its $23MM participation in the funding of a $33 million lease financing for an ethanol facility owned by a major international company. Steve White, Senior Managing Director and Head of Capital Markets, stated ...
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May 22, 2015, 06:59 AM
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Landec Corporation, a leading developer and marketer of innovative and proprietary products for healthy living applications in the food and biomedical markets, has secured for Apio, Inc., Landec's food subsidiary, a new equipment loan from Banc of...
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May 22, 2015, 06:58 AM
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CapX Partners announced their closing of an undisclosed amount equipment lease line of credit to support the financing needs of Adler Hot Oil Services LLC (“Adler”), an oilfield services company providing fluid heating to drill sites.Adler Hot Oil...
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May 21, 2015, 06:59 AM
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CG Commercial Finance Vendor Services team has completed an operating lease in the amount of $2,482,699 to facilitate the vendor’s long-term rental program for iron ore crushing equipment. As a result of the pilot finance program success, our client...
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May 05, 2015, 07:07 AM
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Boston Financial & Equity Corporation recently closed a $1 million lease line with the leader in cross platform ad optimization. The 8 year old company is rated one of the top 50 of Forbes fastest growing companies. While its revenues have been...
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April 13, 2015, 07:09 AM
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Tetra Financial Group announced that it has provided $ 800,000 in lease financing to a large Ohio-based Ethanol company for a grain elevator. The company’s operations involve the purchase, storage and sale of corn, soy beans, wheat and various other...
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March 30, 2015, 07:00 AM
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Pacific Mercantile Bank ("the Bank"), the wholly owned subsidiary of Pacific Mercantile Bancorp announced that it has provided approximately $6 million to Otay Mesa Sales, Inc. for the refinancing of equipment loans. The recent equipment refinancing...
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March 13, 2015, 06:00 AM
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Chicago-based lender, Loeb Term Solutions, closed February by financing another $7,800,000 dollars worth of industrial machinery and equipment. The financing will help an oilfield support company, an oil drilling equipment supplier, a technology...
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March 06, 2015, 07:17 AM
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TEQlease Capital announced that the company has provided The Academy Charter School, a New York K-7 charter school, with a comprehensive equipment lease financing solution for IT infrastructure equipment, security systems, school furniture and other...
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February 23, 2015, 07:05 AM
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CIT Group announced that CIT Capital Equipment Finance provided a $23.5 million credit facility to GCT Global Container Terminals Inc. (GCT) to purchase two new Liebherr P203L (WS) post-Panamax ship-to-shore gantry cranes that will be used at its...
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February 18, 2015, 07:00 AM
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On the heels of a record funding year for Loeb Term Solutions, the Chicago-based lender has closed January by financing another $9,000,000 dollars worth of industrial machinery and equipment. The financing will help a global textile company open a...
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February 06, 2015, 07:00 AM
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Tetra Financial Group announced that it has recently closed a $1.5 million equipment lease for a private equity owned health care company located in Tennessee. The financing will support the company's expansion across several southeastern states....
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January 29, 2015, 07:02 AM
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Onset Financial is providing $3MM in capital for the growth of an iconic Las Vegas Resort. The project expands an outdoor banquet and conference area facility. This investment will increase the resort’s appeal for convention and business meeting...
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January 23, 2015, 06:34 AM
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CIT Group announced that CIT Capital Equipment Finance served as Lead Agent in a $76 million senior secured credit facility to Construction Partners, Inc., a leading infrastructure and road construction company in the Southern United States....
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January 21, 2015, 06:00 AM
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Beacon Funding announced that its Bankers Leasing Group has successfully completed a finance project with North Suburban YMCA. Beacon Funding structured a $600,000 multi-draw capital lease to fund a new HVAC system which was installed during the 4th...
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January 20, 2015, 06:30 AM
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Bridge Capital Holdings, whose subsidiary is Bridge Bank, a full-service professional business bank headquartered in Silicon Valley and with offices located nationwide, announced that it has provided Hunter Technology, a leading provider of...
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December 05, 2014, 07:00 AM
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BFEC recently closed a $500,000 equipment lease for a biotechnology company in Boston. The company, was founded by a local group of Harvard and MIT PHD students in 2008. To date the company has raised $5,000,000 from local “smart” angels, and has...
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December 05, 2014, 06:44 AM
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Loeb Term Solutions recently funded $8 million to a West Coast metalworking facility specializing in aerospace components.The term loan provided the working capital necessary to restructure the firm and reassume a majority holding of stock in the...
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November 20, 2014, 07:03 AM
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CG Commercial Finance (CGCF) announced that it has completed a lease in the amount of $4,190,000 for CNC machine tools and production equipment. The lessee is a 65 year old family run business that utilizes the equipment to manufacture complex...
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October 20, 2014, 06:43 AM
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Boston Financial & Equity Corporation announced the closing of a $250,000 equipment lease line with a drug discovery company based in Pittsburgh, PA. The company, founded in 2010 has generated revenue from big pharmaceuticals such as Pfizer, Merck...
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October 13, 2014, 06:40 AM
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Marquette Business Credit, Inc. recently funded a $5,000,000 credit facility consisting of a working capital line of credit, equipment term loan and real estate term loan to Concrete Related Products, LLC ("CRP"). Headquartered in Cleburne, Texas...
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October 01, 2014, 05:42 AM
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White Oak Global Advisors, LLC has provided a $17 million senior secured term loan to a value-added reseller, support and services company in the digital imaging equipment sector. Located in the Midwest and employing approximately 115 people, the...
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September 18, 2014, 05:29 AM
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Boston Financial & Equity announced the closing of a $250,000 equipment lease for a food service provider in NYC. According to the press release, the company aims to change the food service delivery model. The company financed has tested and proven...
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September 16, 2014, 05:54 AM
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Siena Lending Group LLC (“Siena”) announced the completion of a three-year $10 million senior secured revolving credit facility as part of a $25 million refinancing for Horizon Coach Lines (“HCL”). The financing was completed in conjunction with a...
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September 11, 2014, 06:40 AM
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Boston Financial & Equity (BFEC) provided a $200,000 equipment lease for a Dynamometer for a Massachusetts company founded by a team of MIT engineers (named to the Forbes Top 30 under 30). Initially backed by Angels, the company received its first...
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September 09, 2014, 06:00 AM
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Tetra Financial Group announced today that it has entered into an equipment leasing agreement to provide up to $3 million in lease financing for one of the leading providers of language and interpretation services in the world. The company has...
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August 29, 2014, 06:00 AM
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Sierra Income Corporation (“Sierra” or the “Company”) announced the closing of an additional $30 million of commitments to its senior secured revolving credit facility (the “Credit Facility”). The Credit Facility was arranged and led by ING Capital...
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August 25, 2014, 06:36 AM
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Business Capital announced it structured a $4.5 million equipment loan for a wine producer in California.The company is a high volume, state-of-the-art wine processing facility and vineyard located in Napa Valley. The company operates the largest...
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August 06, 2014, 07:00 AM
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NXT Capital announced that it has provided a senior secured facility to finance Graham Partners’ acquisition of HemaSource Holdings, LLC. NXT Capital was the Sole Lead Arranger, Administrative Agent and Sole Bookrunner for this...
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August 05, 2014, 05:00 AM
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Nations Equipment Finance announced they recently provided several U.S. and Canadian companies with equipment financing totaling over $41,500,000. The deals included:
A loan for $9,400,000 for excavators and dump trucks to a construction...
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July 31, 2014, 07:00 AM
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CapX Partners (CapX) announced the closing of a $10 million equipment lease to support the financing needs of Digital Ocean, a leading provider of cloud hosting services and one of the startup success stories of the past year.Digital Ocean’s increase...
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July 10, 2014, 07:00 AM
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Boston Financial & Equity Corporation recently closed a lease with an emerging growth company in California. This six year old company has recently received a series B round of $13 million. The company has developed a new tactile user interface for...
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July 08, 2014, 06:00 AM
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GE Capital, Corporate Finance announced it is providing Lagunitas Brewery with a $20 million credit facility to equip the company’s new Chicago brewery.Lagunitas, founded in 1991 and headquartered in Petaluma CA, is one of the nation’s...
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June 23, 2014, 06:45 AM
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MAX LeasingUSA, has been awarded a $7.7 million contract to provide lease financing for equipment used by the Department of Public Safety within the State of Alabama. “It is an honor and a privilege to secure this opportunity with the State of...
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June 18, 2014, 06:30 AM
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Business Capital has structured and secured financing for a high volume, state-of-the-art wine processing facility and vineyard located in Napa Valley. The company operates the largest single location, independent custom crush, bottling and wine...
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June 13, 2014, 05:59 AM
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Nations Equipment Finance today announced they recently provided several equipment leases totaling over $28,000,000. The deals included:
A Tax Lease for $2,400,000 for off-road trucks to a construction company.
A Tax Lease for $6,900,000 for...
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June 04, 2014, 06:40 AM
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TAB Bank announced it has provided a $2.5 million asset-based lending facility for a transportation company located in the Northeast. The company is a long-haul, dry van carrier that operates 66 tractors and 185 trailers. In addition to...
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May 29, 2014, 06:00 AM
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NXT Capital announced that it has provided a $100 million senior secured credit facility to support the refinancing of Material Handling Services, a portfolio company of CI Capital Partners. NXT Capital acted as the Joint Lead Arranger, Joint...
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May 28, 2014, 06:05 AM
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ATEL Ventures Inc., a subsidiary of ATEL Capital Group (“ATEL”), announced a new partnership with LED module producer Xicato, Inc. ATEL has provided Xicato with a multimillion dollar equipment financing facility to help bolster the company’s...
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May 20, 2014, 06:43 AM
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Element Financial Corporation (“Element”) announced that it has entered into a US$200 million secured equipment financing agreement with Bridger, LLC (“Bridger”), an oil marketing and midstream logistics company based in Dallas, Texas. The facility...
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May 13, 2014, 07:05 AM
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Trinity Capital Investment (Trinity) and CapX Partners (CapX) announced their recent collaboration and closing of a $20 million venture debt loan to meet the existing and future debt financing needs of Aquion Energy, Inc. (Aquion), an early stage...
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May 12, 2014, 06:45 AM
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TAB Bank provided $12 million in trucking equipment loans for 17 transportation companies during the 1st quarter for 2014. Based in different regions of the country, these companies represent a broad spectrum of trucking entities including one-truck...
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April 11, 2014, 06:30 AM
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TAB Bank announced it has provided a $3 million credit facility for a manufacturing company located in California. The company produces custom machined products for the semi-conductor, gas and oil, and aerospace industries. The new facility includes...
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March 20, 2014, 06:55 AM
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AIG Commercial Asset Finance (AIGCAF) and its affiliates have provided a $400 million loan for vessels owned and operated by Nautical Solutions, LLC, which is an operating unit of Edison Chouest Offshore (Chouest). Proceeds from the loan were used...
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November 19, 2013, 06:58 AM
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Nations Equipment Finance announced they recently provided two tax leases totaling $8,300,000. The first was for $1,800,000 for Aircraft to a company located in the Southeastern United States. The second was for $6,500,000 for Trucks, Pumps, Acid...
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November 12, 2013, 06:30 AM
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Nations Equipment Finance announced they recently provided two equipment loans totaling $19,000,000. The first was for $12,000,000 for Barge Rigs to a company located in Louisiana. The second was for $7,000,000 for forestry and construction equipment...
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November 01, 2013, 06:27 AM
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Nations Equipment Finance announced they recently provided two tax leases totaling $3,400,000. The first was for $2,300,000 for Drill Rigs to a company located in Wyoming. The second was for $1,100,000 for Tractor Trailers to a company located in...
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October 30, 2013, 06:51 AM
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US Capital Partners, LLC announced it has provided a $750,000 growth capital term loan for Advanced Health Sciences, Inc. (“AHS”), headquartered in West Palm Beach, FL. US Capital Partners is a private investment bank that makes direct debt...
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October 30, 2013, 06:30 AM
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Nations Equipment Finance announced they recently provided two capital leases totaling $2,450,000. The first was for $1,900,000 for Mobile Cranes to a company located in California. The second was for $550,000 for CNC Machines to a company located in...
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October 24, 2013, 06:31 AM
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AIG Commercial Asset Finance (AIGCAF) and its affiliates have provided a $113.7 million Credit Tenant Loan (“CTL”) mortgage financing for the purchase of a 201,281 SF office building which is fully occupied by a single tenant under a long-term...
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October 18, 2013, 06:00 AM
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CIT Group announced that it arranged a $36 million senior secured credit facility to Punta Lima LLC, owner of the Punta Lima Wind Farm in Puerto Rico. The financing was structured through a sale and leaseback of the facility between Sovereign Bank, N...
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September 26, 2013, 07:19 AM
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United Wind, a leading provider of distributed-scale wind energy through its WindLease™ platform, announced that it has secured a tax equity commitment from GSG Energy Finance, an energy equipment leasing company, enabling the company to deploy up to...
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September 23, 2013, 07:05 AM
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CapX Partners announed it provided Caro Nut with a $5 million capex lease line of credit to be used by the company to purchase mission critical equipment to build a new roasting facility to allow the company to expand the product mix and services it...
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September 12, 2013, 06:56 AM
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Marquette Business Credit is pleased to announce it has provided North American Bison Cooperative, LLC (NABC) with $3.7 million in senior financing, including a revolving credit facility and an equipment term loan to support its continued growth....
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August 28, 2013, 07:02 AM
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US Capital Partners, LLC announce it has provided expansive term loan financing for Chantilly BioPharma, LLC (“CBL”), headquartered in Chantilly, Virginia. “Our company is engaged in the development, manufacturing, commercialization, licensing, and...
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August 14, 2013, 06:41 AM
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AIG Commercial Asset Finance (AIGCAF) and its affiliates have provided a $100 million senior secured term loan to Pratt Paper (LA), LLC (Pratt), a wholly-owned subsidiary of Pratt Industries, Inc. (Pratt Industries). The loan proceeds were used to...
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August 07, 2013, 07:00 AM
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The Commercial Finance Americas team of Siemens Financial Services, Inc. (SFS) has recently completed a $4.35 million financing package with Mountain Crane Service to support its acquisition of a Liebherr LR 1600-2 crawler crane. Family-owned...
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August 06, 2013, 07:01 AM
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US Capital Partners, LLC has provided a $1.4 million accounts receivable line of credit and machinery and equipment term loan for OSW Equipment & Repair, Inc. (“OSW”), headquartered in the Greater Seattle Area, Washington. US Capital Partners is a...
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July 31, 2013, 06:56 AM
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Bank of America Business Capital announced it has provided a $30 million asset-based loan to JD Norman Industries, Inc. to refinance existing debt and support the purchase of two subsidiaries of Federal-Mogul Corporation. The business units include a...
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July 26, 2013, 06:58 AM
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Blue Sphere Corp., a company in the Cleantech sector as a waste-to-energy and clean energy project integrator, announced that its Charlotte, NC project, a 5.2 MW organics-to-energy anaerobic digester, has received a signed commitment letter from...
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July 17, 2013, 07:02 AM
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AIG Commercial Asset Finance (AIGCAF) and its affiliates announced that they have provided a $65 million senior secured term loan to Saltchuk Resources, Inc. (Saltchuk), a Seattle-based family of diversified transportation and petroleum distribution...
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July 01, 2013, 07:00 AM
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BR Williams Trucking Inc., a trucking, warehousing and logistics company based in Oxford, AL recently completed a three-facility lighting retrofit project that shines more efficient light on 1.2 million square feet of warehouse space. GE Capital...
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June 28, 2013, 07:01 AM
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GE Capital announced that it is financing ready-mix concrete firm Ozinga Bros.’ purchase of concrete trucks, loaders and other equipment powered by compressed natural gas (CNG). The financing will also be used to purchase GE’s CNG fueling stations...
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June 27, 2013, 07:12 AM
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