Beacon Funding, ECS Financial and Liventus hosted a rooftop happy hour following the 2025 ELFA National Funding Conference in Chicago on April 16. The anticipation for the event generated significant buzz throughout the conference, and the evening... Read Story

Equipment theft is a staggering $100 million-a-year crisis for the equipment rental industry, with more than 360 pieces of equipment vanishing each month, according to the American Rental Association (ARA). This relentless wave of theft not only... Read Story

Since President Trump’s inauguration, he, his administration and Congress haven’t wasted any time propelling a new agenda for transportation regulations, ACT Research contends. On day one, Trump issued an executive order, Unleashing American Energy.... Read Story

Fora Financial, a provider of flexible financing to small and medium-sized businesses, announced the closing of $16 million in new unsecured corporate notes, rated investment grade by Egan-Jones Ratings Company. The company also extended the maturity... Read Story

TAB Bank closed a $13 million lender finance facility for Capital Foundry, a Pittsburgh-based specialty finance lender that provides a variety of debt and credit products as well as business consulting services to small businesses and middle-market... Read Story

Castlelake, a global alternative investment manager with 20 years of experience investing in asset-based private markets, announced the final closing of Castlelake Aviation V Stable Yield L.P. (the "Fund"). The Fund, together with related aviation... Read Story

Leasepath, the award-winning provider of the cloud-first CRM, Originations and Customer Servicing platform purpose-fit for the equipment and asset finance industry, is proud to announce the general availability of its latest product enhancement: the... Read Story

Great American Insurance Group’s Specialty Equipment Division announced a new strategic collaboration with TRNSACT, a sales finance platform for commercial truck and equipment dealers, manufacturers and lenders. Great American Specialty Equipment... Read Story

Consult Disrupt, a provider of consulting services to the equipment finance industry, announced a strategic partnership with PEQ Performance, a provider of leadership development designed to elevate strategic thinking, enhance team dynamics and drive... Read Story

Equipment Finance Cares (EF Cares), a non-profit dedicated to fostering connection, philanthropy and industry support within the equipment finance sector announced the next regional networking event, which will take place on Thursday, April 3rd, at... Read Story

Solifi, a global fintech software partner for secured finance, announced the launch of the 2025 Global Leasing Report. Covering the trends, economic projections and insights into the top 50 leasing markets worldwide, the 19th edition of the report... Read Story

Sudhir Amembal's sixth “Winning with Leasing!” virtual seminar, held on Feb. 6, was attended by 52 equipment finance professionals. Through the past 10 months, over 300 have attended the frequently offered seminar. The seminar is an extract from his... Read Story

Verdant Commercial Capital announced that it has exceeded $3 billion in originations since its inception.Verdant’s tremendous growth comes less than 15 months after it surpassed $2 billion in originations and underscores the predictability and... Read Story

First Citizens Bank announced that its Maritime Finance business provided $26 million in financing to Euroseas Ltd., enabling the container shipping company to add a newly built 2,800 TEU Eco containership to its fleet. Euroseas was formed in 2005... Read Story

SLIM Capital solidified its position as a leader in the equipment fintech space by investing heavily in innovative technology solutions designed to streamline workflows and enhance efficiency. Despite a challenging economic climate, SLIM Capital... Read Story

Mitsubishi HC Capital America, a non-bank, non-captive finance provider, announced that Wayne Pass, Senior Vice President and Chief Credit Officer for the Vendor Solutions division, has been named to Equifax’s Commercial Finance Network (CFN)... Read Story

Encina Private Credit announced that it provided a senior secured credit facility to support the continued growth of Eagle Merchant Partner’s portfolio company Eskola Roofing and Waterproofing (“Eskola”).Founded in 1972 in Morristown, TN, by their... Read Story

Northteq helped LBX Capital, the financing arm of LBX Company, transform its credit operations using the Aurora platform. This implementation has led to a 311% increase in financed units, a 264% rise in applications and a 275% growth in contracts... Read Story

Encina Lender Finance (“ELF”) announced that the company has provided a $46 million “first-out” commitment in partnership with a structured credit fund. The facility is secured by a pool of unsecured consumer installment loans.ELF provides... Read Story

Garnet Capital Advisors announced the closing of the sale of a credit facility collateralized by a $117 million subprime lease portfolio on behalf of the co-lenders, who are leading institutions in the industry. The sale was prompted by the... Read Story

TAB Bank provided nearly 300 companies with more than $57 million in funding in the fourth quarter of 2024. The financing includes factoring, asset-based and equipment loans, small business lines of credit and more for companies in transportation... Read Story

ORIX Corporation USA’s Growth Capital business announced it has successfully closed a debt financing facility for Piano Software, a global leader in digital experience management, customer journey orchestration and advanced analytics. The financing... Read Story

o15 Capital Partners, a mission-driven alternative investment firm, announced the successful close of its inaugural fund, o15 Emerging America Credit Opportunities Fund, at approximately $370 million. The Fund’s capital, together with capital raised... Read Story

First Citizens Bank and Sixth Street, a leading global investment firm, announced the launch of Sixty-First Commercial Finance, a new platform managed by First Citizens Institutional Asset Management and designed to provide flexible capital equipment... Read Story

Equipment Finance Cares, a non-profit organization dedicated to supporting the equipment finance industry, announced the appointment of Blair Dawson, chief marketing officer at North Mill Equipment Finance, to its board of directors, reinforcing its... Read Story

Wingspire Equipment Finance announced the successful funding of over $20 million for a global plastic manufacturing company. The Equipment Finance Agreement (EFA) finance structure enables the acquisition of injection molding machines, improving the... Read Story

XS Financial, an established equipment finance company serving middle-market storied credits, amended and upsized its current $70 million line of credit with Needham Bank to $100 million, with First Citizens Bank participating for $20 million. XS... Read Story

Clarus Capital announced that it has increased its exposure to an existing client and leading sponsor-backed transportation service provider by $60 million. Financing proceeds supported strategic growth initiatives including multiple late-stage... Read Story

Post Road Equipment Finance ("PREF") announced the successful closing of an $80 million sale-leaseback transaction with a leading global manufacturer of precision castings. The company specializes in highly engineered components, serving blue-chip... Read Story

With the start of a year that is expected to have less inflation, monetary easing and more economic growth, Mitsubishi HC Capital America, the largest non-bank, non-captive finance provider in North America, has outlined six key predictions that are... Read Story

Leste Group, a global alternative investment manager,  has entered into an agreement to acquire a minority stake in Billor, a vertically integrated freight and fintech platform for U.S. truck drivers, and set up a $335 million credit facility to... Read Story

NETSOL Technologies, a global business services and asset finance solutions provider, has announced the go-live of its Transcend Finance Platform for a leading Japanese equipment finance company in Australia.NETSOL announced a multi-million dollar... Read Story

Elevex Capital has launched as a premier commercial equipment financing provider serving North America. Elevex leverages state-of-the-art technologies such as embedded finance, machine learning and AI to offer fast and flexible financing solutions... Read Story

Equipment Finance Cares (EF Cares) announced the schedule and locations for its 2025 events, emphasizing its commitment to the community and personal connections within the equipment finance industry. “At EF Cares, we prioritize the human aspect of... Read Story

The national Citizens Business Conditions Index (CBCI) rose to 51.0 in the final quarter of 2024, bolstered by solid corporate revenue trends and sustained strength in the service sector. The reading indicates that business conditions improved... Read Story

Encina Private Credit (“EPC”) bolstered the size of the team with key hires during 2024, enabling the business to deliver strong new business volume growth of 74% in its first out enterprise value loan product, compared to 2023. Encina continued to... Read Story

A new report published by Allied Market Research suggests the Equipment Finance Services Market could hit more than $3.08 billion by 2032. According to the report- Equipment Finance Services Market by Type, Provider, and Application: Global... Read Story

Commercial Capital Company, a provider of capital equipment financing to businesses and equipment vendors, announces another record year achieving $174 million in originations in 2024. This growth reflects the company’s commitment to supporting... Read Story

Wolters Kluwer, a global leader in professional information, software solutions and services, announced the latest analysis from its Equipment Lease Finance Digital Transformation Index. The index tracks the rate at which equipment lessors and... Read Story

Jupiter Equipment Finance has marked its 10th anniversary, celebrating a decade of helping businesses nationwide secure the equipment financing they need to grow and succeed. By partnering with equipment dealers to provide their customers with... Read Story

Versana announced the addition of Bain Capital Credit as a subscriber to its centralized, digital data platform. Bain Capital is one of the world’s leading private investment firms specializing in corporate credit and has become the 13th top-tier... Read Story

According to the latest State of the Industry: U.S. Classes 3-8 Used Trucks by ACT Research, the Class 8 average retail sale price floated higher in December, to $56,865, or 0.5% higher month over month.“On a y/y basis, prices were 2% lower,” said... Read Story

AFG and Lightbrook announced the launch of Alliance Equipment Finance, a new standard of efficiency and expertise to equipment financing. Specializing in transactions ranging from $5 million to $50 million, AEF offers businesses streamlined financial... Read Story

MMP Capital, a private commercial lender specializing in healthcare finance, as well as financing across multiple verticals, announces a record-setting performance in December 2024 and Q4 2024. With total originations hitting $55.6 million for... Read Story

The global Business Loans market is witnessing steady growth, driven by the increasing demand for financial support among small and medium-sized enterprises (SMEs) and large corporations, according to a new report from Market Research Future, a... Read Story

DLL, a global vendor finance company, announced the closing of its first U.S. Asset Backed Securitization (ABS) of 2025, “DLLAA 2025-1,” issuing notes totaling $750 million. The transaction is backed by assets of AGCO Finance, the financing provider... Read Story

Fleet Advantage, an innovator in specialty financing, fleet data analytics, fleet management services and life cycle cost management, announced several key corporate achievements over the past 12 months that helped pave a clearer path to greater... Read Story

Trinity Capital, an alternative asset manager, announced that its equipment finance vertical has surpassed $1 billion in fundings to high-growth companies since 2018. This milestone underscores the Company's commitment to supporting the growth and... Read Story

Tiger Finance's lending platform committed more than a quarter of a billion dollars in Fiscal 2024 to support the growth initiatives and working capital needs of borrowers from across the U.S. economy.Loan volume grew throughout fiscal 2024 and... Read Story

Winter weather is driving significant spot activity in January, but the supply response in the past couple of months has been considerable, according to ACT Research's latest report on the Freight Market. While lower Class 8 supply over the past... Read Story

Odessa Auto offers lenders the capability to further automate and manage their originator processes. That’s thanks to three important updates the company announced: Intelligent Document Processing (IDP), Electronic Contract Integration (eContract)... Read Story

December net trailer orders, at 24.3k units, were up 17% from November, but about 3% below the level accepted in December 2023, according to this month’s issue of ACT Research’s State of the Industry: U.S. Trailers report.“This brings full-year 2024... Read Story

Encina Private Credit announced it has served as the Administrative and Collateral agent on a senior secured credit facility supporting Kingswood Capital Management’s acquisition of Branding Iron Holdings. Branding Iron is a provider of branded and... Read Story

PEAC Solutions announces significant commercial growth in the U.S. market. The company recently closed the 2024 business year with  $1.49 billion in new business volume, which represents a nearly threefold increase in new business from the $509... Read Story

Maxim Commercial Capital announced impressive growth during 2024, continuing a multi-year trend. The hard asset secured lender reported a 25% increase in funded deals during the year as compared to 2023. Maxim is a national provider of loans and... Read Story

Dext Capital announced its participation in the 2025 Providence Hood to Coast Relay, having secured a spot through the event’s highly competitive lottery system.Known as the "Mother of All Relays," the Hood to Coast Relay is one of the largest and... Read Story

Final North American Class 8 net orders totaled 36.8k units in December, on very strong tractor demand, as published in ACT Research’s latest State of the Industry: NA Classes 5-8 report.“Despite generationally weak profits in for-hire, large fleets... Read Story

Huntington Business Credit has closed $42 million in new credit facilities with Rush Group Ltd., dba Emotiv. Proceeds of the facility were used to finance capital expenditures and working capital financing.Rush Group, headquartered in Wayne, Michigan... Read Story

In September, the industry reported an all-time best month for heavy vocational truck orders at 20,000 units (NA, NSA). Over the three months ending November, 38,100 orders were booked, which seasonally adjusts to a 146,900-unit annualized rate, as... Read Story

Trinity Capital, an alternative asset manager, announced the commitment of $12.5 million in growth capital to Upward Health, an in-home, multidisciplinary medical group providing 24/7 whole-person care.The company partners with health plans and other... Read Story

December preliminary Class 8 same dealer used truck retail sales volumes finished 2024 strong, surging 23% m/m, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks published by ACT Research.“Looking... Read Story

Paragon Bank has announced the selection of Alfa to power a new Commercial Lending Transformation Program, replacing its legacy systems and streamlining the end-to-end lending process.The strategic initiative will modernize Paragon’s SME lending... Read Story

Data from the Association of Equipment Manufacturers (AEM) shows that U.S. sales of Ag tractors and combines fell in November 2024 compared to the previous year.U.S. sales of tractors in all classes dropped 14.5% compared to November 2023. U.S. sales... Read Story

Concrete Equipment Financial Services (Concrete Financing), a recognized leader in financing concrete equipment and projects, announced it will provide on-the-spot approvals to qualified OEMs, dealers and construction companies during World of... Read Story

The Alta Group announced the release of its 2025 Insights report. The report provides in-depth analysis and expert forecasts for the year ahead, empowering industry leaders to navigate a dynamic and evolving market.“2025 appears poised to bring a pro... Read Story

Tamarack Technology and Colorado-based Better Programs, owner of TURBO-Lease software, have formed a strategic partnership to help small and startup equipment finance companies make better use of the data generated by their businesses and elevate... Read Story

Northteq, a provider of equipment finance loan origination software, has partnered with BSB Leasing, a superbroker that connects brokers with direct funding sources. By implementing Northteq’s Aurora Loan Origination System (LOS), BSB Leasing has... Read Story

QuickFi announced its recognition as a winner of the 2025 BIG Innovation Awards, presented by the Business Intelligence Group. This honor highlights the company’s embedded lending platform, driving transformation in financial services.The company... Read Story

Commercial Capital Company, a provider of capital equipment financing to businesses and equipment vendors, announced its selection of Leasepath Enterprise, the origination and servicing platform purpose-built for the equipment finance industry.The... Read Story

PacLease, a full-service lease and rental company, achieved a significant milestone with the expansion of its franchise network and achieved record location coverage. PacLease set a record in franchise growth in 2024, adding 28 new locations... Read Story

JetLoan Capital, an independent aviation and marine finance brokerage, arranged financing for 50 aircraft and yachts in 2024, totaling $150 million.Transaction sizes ranged from $500,000 - $22 million.The funding, which spans a diverse range of asset... Read Story

Encina Private Credit announced it has served as Administrative Agent on a Senior Secured Credit Facility supporting Quadriga Capital portfolio company Ipsen International Holdings, GmbH (“Ipsen”). Ipsen is a global manufacturer of mission-critical... Read Story

Clarus Capital ("Clarus") announced that it has completed an add-on to an existing equipment lease facility for a sponsor-backed media industry service provider. Incremental proceeds from the lease facility, now totaling $10 million, will continue... Read Story

C.H. Brown Co. (CHB), a long-time, bank-owned equipment finance lender, recorded significant originations performance for December, the fourth quarter, and 2024. New business volume lending for end-of-month December was 16% higher than November 2024... Read Story

Huntington Business Credit closed $23,000,000 in new credit facilities with HCI-TSM Holding Corporation on December 23, 2024. Proceeds of the facility were used to refinance existing debt and provide ongoing capital expenditure and working capital... Read Story

Rosenthal & Rosenthal, a private commercial finance firm, announced the completion of a $4 million purchase ordering financing facility to support a U.S.-based global manufacturing company with a multi-faceted government contract.The company, a... Read Story

First Citizens Bank announced that its Healthcare Finance division has provided more than $30 million in financing to Stockdale Capital Partners for its acquisition of medical outpatient buildings in California and Texas.Headquartered in Los Angeles... Read Story

The Certified Lease & Finance Professional (CLFP) Foundation is pleased to announce that 16 individuals who recently sat through the online proctored CLFP exam, have passed.  They are: Melissa Abrahamson, CLFP – Information Systems Manager... Read Story

A Tiger Group live webcast auction on Jan. 16 will feature more than 50 new and late-model trucking assets—both tractor trucks from well-known makers such as International, Peterbilt, Freightliner, Paccar, Kenworth and Daimler and reefer and dry van... Read Story

AP Equipment Financing reflects on an exceptional 2024, celebrating both organizational milestones and the recognition of remarkable leaders within its team. AP finalized a record-breaking year with a 58% increase in originations volume in 2024... Read Story

Huntington National Bank's commercial banking segment continues to expand its corporate, specialty and government banking business with the addition of two industry verticals: the Financial Institutions Group and the Aerospace & Defense Group.The new... Read Story

Fleet Advantage, an innovator in specialty financing, fleet data analytics, fleet management services and life cycle cost management, announced it has expanded its Trailer Lease Program, which enables flexible trailer lease solutions that provide a... Read Story

Optimism about the dealmaking environment has reached a five-year high, according to Citizens’ 2025 M&A Outlook. The 14th annual survey of 400 leaders at U.S. middle-market companies and private equity firms revealed that 54% of decision-makers... Read Story

Preliminary data from FTR indicates that North American Class 8 net orders in December reached 31,900 units, a 7% month-over-month decline but a 23% year-over-year increase. This also outperformed the seven-year December average of 29,716 units... Read Story

SLR Business Credit announced the funding of a $3.5 million credit facility for Segula Technologies USA, a leading engineer staffing company serving top-tier aerospace, defense, automotive, and energy companies. The credit facility provides... Read Story

Amur Equipment Finance, an independent equipment finance company, announced a record-breaking year on a number of fronts. Amur funded over $960 million to nearly 11,000 customers in 2024, both records. As well, Amur’s portfolio crossed $2 billion in... Read Story

Sentry Financial, based in Salt Lake City, recently closed a $68 million equipment lease of AI servers manufactured by NVIDIA, to a deep learning and technology company that assists other companies in building and deploying artificial... Read Story

Dext Capital has agreed to acquire Honour Capital’s Equipment Finance team, unified under a shared commitment for innovation and purpose-driven financial services. This collaboration underscores Dext’s dedication to providing industry-leading... Read Story

North Mill Equipment Finance, an independent commercial equipment lender and lessor headquartered in Norwalk, Conn., announced performance milestones in originations for December, the fourth quarter and the full year. Originations soared to an... Read Story

Clarus Capital announced the closing of a $30 million equipment lease facility for a sponsor-backed packaging company. Financing proceeds facilitated the acquisition of new injection molding and production assets acquired as part of a new, long-term... Read Story

December preliminary North America Class 8 net orders were 36,500 units, slipping 2.1% m/m but up 39% y/y. Complete industry data for December, including final order numbers, will be published by ACT Research in mid-January.“Strength continues to be... Read Story

Manitex International (“Manitex” or the “Company”), a leading international provider of truck cranes, specialized industrial equipment and construction equipment rental solutions to infrastructure and construction markets, announced the closing of... Read Story

FTI Consulting Canada, in its capacity as court-appointed monitor (in such capacity, the "Monitor") of Chesswood Group Limited, Case Funding Inc., Chesswood Holdings Ltd., Chesswood US Acquisitionco Ltd., Pawnee Leasing Corporation, Lease-Win Limited... Read Story

Mitsubishi UFJ Financial Group (MUFG), a global leader in financial services, and asset management firm DWS Group (DWS) have launched a strategic venture designed to enhance their respective capabilities in underwriting and distributing... Read Story

Rouse Services reported that used equipment values generally stabilized or moderately improved in November, depending on the product type and sale channel.November 2024 Highlights: Aerial products demonstrated moderate increases at auction and... Read Story

ACT Research releases a number of key reports and outlooks that affect the equipment finance industry throughout the month. This is a top-line roundup of December's key observations. N.A. Commercial Vehicle OUTLOOK Economy - Based on the second... Read Story

Lafayette Square was named by the U.S. Small Business Administration ("SBA") as one of four new Small Business Lending Company (SBLC) licensees. SBLCs are granted to SBA 7(a) lenders focused on historically underserved markets to support SBA's... Read Story

ROMCO Equipment Co. and its parent company, SMT, headquartered in Brussels, Belgium, have acquired Bee Equipment Sales of Lubbock, Texas.Established in 1961 and with 16 locations, ROMCO Equipment Co. provides products for the Texas and New Mexico... Read Story

According to the latest State of the Industry: U.S. Classes 3-8 Used Trucks by ACT Research, the Class 8 average retail sale price ticked up $230 in November, translating into a 0.4% m/m bump.“On a y/y basis, prices were 4.4% lower,” said Steve Tam... Read Story

Data from the Secured Finance Network revealed generally mixed results in the asset-based lending market for the third quarter, with deal activity receding in response to fewer new client commitments, and the portfolio performance index improving for... Read Story

Equipment Finance Advisor's offices will be closed Wednesday, December 25th and Thursday, December 26th for the Christmas holiday. We will return with our Daily eNews on Friday, December 27th.We wish all of our readers, advertisers, contributors and... Read Story

Sallyport Commercial Finance announced a $2 million funding solution for a cutting-edge manufacturing and technology company utilizing AI to provide a frictionless sales environment. The funding package includes $2 million in combined Accounts... Read Story

Cohn & Dussi announced that five of its attorneys have been recognized as Top Lawyers by Boston magazine for 2024. This prestigious accolade is a testament to the firm's commitment to excellence and the outstanding expertise of its attorneys.The... Read Story

November net trailer orders, at 20,800 units, were up 23% from October, but 4% below the level accepted in November 2023, according to this month’s issue of ACT Research’s State of the Industry: U.S. Trailers report.“November’s trailer orders bring... Read Story

Truepic, the enterprise solution for digital content authenticity, and Northteq have partnered to launch a next-generation solution that automates site inspections for equipment finance lenders. Lenders are now able to streamline equipment... Read Story

Wingspire Equipment Finance announced that it has structured $10MM in equipment financing for a global leader in agricultural manufacturing. The funding will be used to update and refresh the client's flagship Canadian manufacturing facility.The... Read Story

Clarus Capital announced the closing of an $11 million equipment lease facility for a leading U.S.-based manufacturer and distributor of food products. The financing will enable the company to acquire essential transportation and material handling... Read Story

Final North American Class 8 net orders totaled 37.2k units in November, on very strong tractor demand, as published in ACT Research’s latest State of the Industry: NA Classes 5-8 report.“Given the generationally weak profits experienced by for-hire... Read Story

RELAM, a lessor of railroad maintenance-of-way (“MOW”) equipment and portfolio company of Paceline Equity Partners, announced it has acquired Falcon Equipment, an equipment solutions and specialty truck company headquartered in Surrey, British... Read Story

LTi Technology Solutions announced it has donated more than $3,700 to local Women’s Center for Advancement (WCA). Each year, LTi chooses organizations to give back to. This year, LTi chose WCA. Employees could either donate money to their local... Read Story

The RSM US Middle Market Business Index (MMBI), presented by RSM US LLP (“RSM”) in partnership with the U.S. Chamber of Commerce, increased to 131.8 in the fourth quarter from 130.4 in the prior period on a seasonally adjusted basis. The MMBI survey... Read Story

Preliminary net trailer orders rose about 4,000 units from October to November, but at 20,500 units, were lower compared to last November, down 4% y/y. Seasonal adjustment (SA) at this point in the annual order cycle lowers November’s tally to 15,000... Read Story

Sallyport Commercial Finance announced a $750,000 factoring facility for a growing client in the disposal services industry. The client offers a comprehensive range of waste management and recycling solutions in the multi-residential space.The client... Read Story

Madison Capital announced that, effective Dec. 31, 2024, it will no longer offer direct financing for new equipment and vehicles. The company will continue to service existing clients and active accounts, while also working as an intermediary for... Read Story

Trinity Capital announced the commitment of $50 million in equipment financing to Form Energy, an American technology company developing and commercializing a new class of cost-effective, multi-day energy storage systems.Form Energy aims to reform... Read Story

November preliminary Class 8 same dealer used truck retail sales volumes held steady, slipping 1.3% m/m, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks published by ACT Research.“Given that... Read Story

Eclipse Business Capital announced that it has provided a $135 million ABL credit facility to a service provider in the waste management industry.The credit facility is secured by accounts receivable and related business assets. The transaction will... Read Story

Gordon Brothers, the global asset experts, has provided Toys"R"Us Canada C$120 million in financing consisting of a C$100 million first-lien revolving credit facility and a C$20 million first-in, last-out term loan to support ongoing borrowing needs.... Read Story

Aquila Air Capital announced that Wafra, a New York-based, global alternative asset manager, completed the acquisition of its platform from Warburg Pincus.Wafra entered into a definitive agreement to acquire a controlling interest in Aquila on... Read Story

Clarus Capital announced the successful closing of a $12 million equipment loan facility designed to support the modernization initiatives of a private equity backed specialty manufacturing company. The financing allows the client to invest in... Read Story

HYPERAMS, in partnership with Rabin Worldwide, has been commissioned to conduct an exclusive online-only auction for a collection of late-model food processing and packaging equipment from a former cheese snack production facility. The auction... Read Story

Global Net Lease announced continued progress on its strategic disposition plan. Through Dec. 9, 2024, GNL has closed $620 million of dispositions, and, together with its pipeline of potential asset sales, dispositions currently total $1.1... Read Story

In an era where adaptability defines success, AP Equipment Financing is making the move to further embrace remote work. Starting December 12th, 2024, the company will operate as a primarily remote organization. This milestone reflects AP’s commitment... Read Story

Amerisource Business Capital has completed the successful closing and funding of a $13,000,000 senior credit facility for a specialty manufacturer of plugs and tapes based in Wisconsin. The loan proceeds were used for working capital and to refinance... Read Story

Truist Financial announced it received the highest overall rating of "Outstanding" from the Federal Deposit Insurance Corporation for its most recent Community Reinvestment Act examination period, from 2020-2022. The CRA encourages banks to help meet... Read Story

WesBanco and Premier Financial announced that WesBanco's shareholders and Premier's shareholders have each voted overwhelmingly to adopt and approve, as applicable, all proposals relating to the previously announced merger agreement for WesBanco to... Read Story

Regional farming and construction leasing company LSI Equipment has implemented Tamarack Technology’s DataConsole business intelligence in tandem with the TURBO-Lease back-office software to support business growth and drive operational efficiency.... Read Story

Fora Financial announced the closing of a two-year, $200 million revolving credit facility. ATLAS SP Partners, the warehouse finance and securitized products business majority owned by Apollo funds, will serve as senior lender for the credit facility... Read Story

A well-established company known for its innovative professional beauty products sought to expand its reach to new retailers. However, the business faced challenges due to insufficient working capital to fulfill anticipated large orders from these... Read Story

A Serial Entrepreneur’s New BusinessIn 2019, Flatbay's client decided to invest in a new venture, placing their headquarters in Austin. The commercial building is used to support several businesses in beverage hardware, lighting and commercial... Read Story

Shepherd Ave Capital Acquisition Corporation closed its initial public offering of 8,625,000 units at a price of $10.00 per unit, for aggregate gross proceeds of $86,250,000. The offering size reflects the full exercise of the underwriter’s... Read Story

Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, announced the closing of a $55 million senior secured term loan facility with AirBoss of America, the second largest rubber solutions and custom... Read Story

Synovus has launched its newest initiative, Accelerate Trade, a portal for international business clients to manage global trade finance products more efficiently and transparently.Accelerate Trade will streamline and automate processes, enabling... Read Story

Pilot Wave Holdings ("Pilot Wave"), a leading technology-focused acquisition and growth firm, closed on an increase of its existing $6MM credit facility with Aequum Capital to $15MM. The upsize allows Pilot Wave to increase borrowing capacity across... Read Story

Eldridge Industries is launching Eldridge, an asset management and insurance holding company with approximately $74 billion in assets under management. And Eldridge will be wholly owned by Eldridge Industries and consist of two divisions: Eldridge... Read Story

Harbor Point Equipment Finance ("Harbor Point"), a new equipment finance platform, announced its official launch. Harbor Point specializes in providing capital to the equipment finance industry across a variety of asset types.Harbor Point is focused... Read Story

The London-based Banking Tech Awards announced QuickFi as the winner of the Best Embedded Lending Platform at the annual awards ceremony at the Royal Lancaster Hotel.Among finalists such as Morgan Stanley, JP Morgan Chase, Wells Fargo, Bank of... Read Story

BlackRock and HPS Investment Partners, a leading global credit investment manager with approximately $148 billion in client assets, have entered into a definitive agreement for BlackRock to acquire HPS for approximately $12 billion, with 100% of... Read Story

Starling Bank announced the appointment of Adeel Hyder to its Executive Committee as Managing Director of SME Banking.Adeel joins Starling from TSB, where he most recently served as Business Banking Director, playing a pivotal role in shaping and... Read Story

Amerisource Business Capital is pleased to announce the successful closing and funding of a $3,000,000 term loan and revolving credit facility for a utility consulting firm located in Texas. Allison Billings, Market Manager at Amerisource, said, “We... Read Story

A recent report from The Business Research Company shows the farm equipment rental market size has grown strongly in recent years. It will grow from $55.12 billion in 2023 to $58.63 billion in 2024 at a compound annual growth rate (CAGR) of 6.4%.The... Read Story

Truist Financial announced a new initiative, Truist Cares for Western North Carolina, a three-year, $725 million commitment to support critical small business, housing and infrastructure efforts in Western North Carolina as communities impacted by... Read Story

The Volume Index increased 7.4 points in October to 56.9, seasonally adjusted (SA), from 49.5 in September. The rebound in volumes m/m may be tied to recent port and hurricane disruptions, but broadly speaking, freight demand trends are gradually... Read Story

SouthStar Capital announced the provision of a $4 million Accounts Receivable facility to a second-generation, family-run manufacturing company that serves industries such as aggregate, sawmill and asphalt. Since the 1980s, the company has built a... Read Story

Gateway Trade Funding, a PO and Stretch Financing company, announced it completed the following stretch finance transactions: A $300,000 facility to a US oil and gas equipment company selling to US corporations. A $750,000 facility to a US... Read Story

Capstone Partners released its 2024 Middle Market Business Owners Survey Report, with insights from privately-owned companies across the U.S. This report combines Capstone's in-depth middle market knowledge with proprietary data obtained from 404... Read Story

October net trailer orders, at 16,900 units, were up 40% from September, but 52% below the level accepted in October 2023, according to this month’s issue of ACT Research’s State of the Industry: U.S. Trailers report.“Cancellations moved lower in... Read Story

Old National Bancorp and Bremer Financial (“BFC”) announced that they entered into a definitive merger agreement. Founded in 1943, BFC is the bank holding company for Bremer Bank.As of Sept. 30, 2024, Bremer had $16.2 billion in total assets, $11.5... Read Story

The truckload market is fairly balanced as 2024 nears an end, but it is changing, according to the latest release of the Freight Forecast: Rate and Volume OUTLOOK report from ACT.“Currently, with a significant capacity contraction by for-hire fleets... Read Story

Women We Admire announced The Rising Star Women Leaders of Banking for 2024. The banking sector, an ever-evolving industry with significant influence on the global economy, relies on adaptable, strategic leaders to navigate its complexities. As the... Read Story

EverBank announced an expansion of its commercial banking portfolio with the launch of its Public Finance division. Industry expert Trevor Mael, a proven leader in the public finance space, has been appointed as director to lead the division.The... Read Story

Capteris announced the closing of a $60 million capital lease facility for a private equity owned, specialty transportation and logistics company.The sponsor, along with the company’s executive team, identified multiple tuck-in acquisition targets... Read Story

Beacon Funding announced it has been certified by Great Place To Work for the fourth year. This prestigious award is based entirely on the feedback from Beacon Funding's employees about their experiences working at the company. This year, 92% of... Read Story

PPL Group has engineered the sale of a Texas-based structural steel fabrication facility and equipment to a regional operator who will rehire employees and restart the business. The company was in bankruptcy and had ceased operations earlier this... Read Story

Final North American Class 8 net orders totaled 30,600 units in October, with ongoing strength in the vocational market, as published in ACT Research’s latest State of the Industry: NA Classes 5-8 report.“Vocational truck orders totaled 9.5k units... Read Story

Q2 Holdings announced that First Pacific Bank has chosen Q2’s industry-leading digital banking platform to expand its capabilities and strengthen its competitive edge in the commercial banking market.Founded in 2006 as Friendly Hills Bank and... Read Story

Mitsubishi HC Capital America announced several key enhancements and improvements to Propel, its proprietary, best-in-class digital transaction and portfolio management system.Propel is designed specifically for the company’s vendors, brokers and... Read Story

PEAC Solutions received the 2024 Sustainability Initiative of the Year Award from Leasing Life, a European leasing industry journal, during the 21st Leasing Life Conference & Awards event in Milan, Italy. The annual event highlights the many... Read Story

First Citizens Bank announced that its Healthcare Finance division has closed a $125 million senior credit facility for New Day Healthcare, a market-leading provider of home-based services.The funding will refinance New Day’s existing debt... Read Story

Trucking activity in the United States rose modestly in October, according to the American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index, the third increase since July."The slow, and choppy, climb off of the bottom... Read Story

SS&C Technologies Holdings announced findings from a new survey: financial services companies are increasingly leveraging artificial intelligence (AI) to drive operational value. Conducted at the 2024 SS&C Deliver conference, the survey of 213... Read Story

Linedata announced the launch of its structured finance offering. Integrated with Linedata Ekip360, it simplifies the management of complex structured finance structures for investment banks and credit institutions. The entire value chain is covered... Read Story

Solifi has received an accolade for ESG Portfolio Strategist in the Digital Innovation of the Year (ESG) category at Leasing Life Awards 2024. Taking place in Milan, Italy on Nov. 14, the awards celebrate innovation and talent in the industry.“We are... Read Story

Vizient announced the launch of Capital Spend Insights, an online tool to help providers optimize their capital spend. The new platform, which simplifies capital equipment procurement, is the latest addition to Vizient’s suite of capital equipment... Read Story

FTR reported that October looked like September for some key indicators for the industrial and consumer sectors. Industrial production declined, although some of the weakness was due to factors unrelated to the economy. Retail sales continued to rise... Read Story

DLL received two awards at the 21st Leasing Life Conference and Awards event organized by the Arena International Events Group in Milan, Italy, on Nov. 14. The Leasing Life awards were granted for Vendor Finance Provider of the Year and Energy... Read Story

October preliminary Class 8 same dealer used truck retail sales volumes increased 29% month over month, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks published by ACT Research.“Following the... Read Story

Preliminary net trailer orders rose roughly 4,800 units from September to October, but at 16,900 units, were lower compared to last October, down 52% year over year, according to a new report from ACT Research. Seasonal adjustment (SA) at this point... Read Story

With the election now behind us, many business owners are planning for 2025. A recent KeyBank Small Business Flash Poll found 61% of respondents indicated they were likely to seek clarity and hold off on major business decisions until after the... Read Story

The American Society of Appraisers (ASA) announced the launch of the Certified Equipment Management Professional (CEMP) Program, the first certification specifically designed to meet the unique needs of equipment managers, asset managers and other... Read Story

NationaLease, one of the largest full-service truck leasing organizations in North America, recently held its 2024 Canadian Leadership Summit in Montreal, Quebec. The exclusive event, dedicated to NationaLease Canadian members and suppliers, offered... Read Story

Corporate Fleet Leasing has implemented Northteq's Aurora Loan Origination System (LOS). This transition from Excel based systems has significantly improved its leasing processes, enabling faster deal processing through one-time data entry. By... Read Story

LEASING101, a leading provider of leasing consulting and education, announced the launch of a new training program designed to elevate the leasing knowledge of entire teams. The program, developed by Bill Bosco, CEO of LEASING101, offers... Read Story

The latest study released on the Global Construction Equipment Market by USD Analytics forecasts the market to double in size during the next decade.The construction equipment market is driven by infrastructure development, rapid urbanization and... Read Story

Rosenthal & Rosenthal announced the completion of an asset-based lending transaction and a factoring transaction totaling $5 million. A well-established handbag and accessories business that had historically been focused in the wholesale channel... Read Story

October preliminary North America Class 8 net orders were 30,600 units, down 5.2% year over year. Complete industry data for October, including final order numbers, will be published by ACT Research in mid-November.“After a strong start to the... Read Story

Equify Financial announced the launch of its new division offering receivables lending and ABL capital solutions that will serve a variety of industry sectors. The new division is officially named Equify Business Funding. The expansion demonstrates... Read Story

TAB Bank announced it has provided a $5 million credit facility to CoreCentric Solutions, a provider of recovery, repair and return-to-market services for appliances, appliance parts and consumer goods. This financing will support CoreCentric... Read Story

Janus Henderson announced the launch of the Janus Henderson Income ETF. The new ETF seeks high current income with a secondary focus on capital appreciation. The Fund pursues its investment objective by primarily investing across fixed income sectors... Read Story

MC2 Finance announced its new partnership with FlexPath® DXP, a pioneer in digital identity verification and credit prequalification technologies. Through this partnership, MC2 will utilize FlexPath’s patent-pending VeriQual™ solution to streamline... Read Story

New research from S&S Insider found that the global Medical Equipment Financing Market is projected to expand significantly from a value of $148 billion in 2023 to $340.5 billion by 2032, growing at a robust CAGR of 9.7% between 2024 and 2032.The... Read Story

Rosenthal & Rosenthal announced the completion of three recourse factoring transactions totaling $6.5 million. A leading supplier of dairy products both domestically and internationally was in need of a working capital lender after the company... Read Story

Post Road Equipment Finance announced the successful completion of two landmark transactions in the specialty chemicals sector, reinforcing its role as a trusted financing partner for leading companies in the industry.In the first transaction, Post... Read Story

FTR Transportation Intelligence released its Weekly Transportation Update and at the top of the list is the Trump presidency, which is expected to disrupt a number of policies affecting transportation. The Federal Reserve cut interest rates by 0.25%... Read Story

DLL introduced its new and improved Equipment Showroom. The platform showcases used equipment from across the globe and gives customers a seamless buying experience, with options to buy and bid on pre-owned, end of lease equipment assets. The... Read Story

PNC Bank announced it is increasing its branch investment by $500 million to open more than 100 additional new branches and renovate 200 more existing locations across the country. These plans expand upon the 100 new locations and 1,200 branch... Read Story

Dext Capital, a leading essential-use healthcare and technology equipment lessor, announced the upsize of its investment-grade corporate note. The proceeds will be used to fund new originations and growth initiatives.Brean Capital, LLC served as the... Read Story

IBC Bank announced a strategic partnership with Finanta, a pioneer in financial technology solutions, aimed at revolutionizing its commercial loan originations, collateral management, portfolio management and all lines of business in commercial... Read Story

Wingspire Capital provided a $25 million revolver to Aftermarket Performance Group (“APG”), a leading vertically integrated wholesale distributor, e-tailer and manufacturer for performance aftermarket parts and accessories for enthusiasts in the... Read Story

The modern transportation industry is a critical pillar of the nation’s economy, with an even deeper impact on communities and families. For the eighth consecutive year, Fleet Advantage sponsored the Kids Essay Contest at the 2024 International... Read Story

PPL Group announced it executed a successful two-day auction, selling over 1,000 lots of equipment and inventory, including fabrication, welding and laser cutting machinery, as well as more than $1.5MM of kitchen appliances including refrigerators... Read Story

North Mill Equipment Finance announced the acquisition of 100% of the stock of TF Group (“Taycor Financial”), a technology-driven finance provider in El Segundo, Calif. Taycor Financial will continue to operate as an independent division of NMEF... Read Story

Garnet Capital Advisors announced the sale of a $54 million C&I loan portfolio on behalf of one of the 25 largest commercial U.S. financial holding companies.The portfolio was comprised of approximately 200 relationships with mixed payment... Read Story

Horizon Technology Finance, an affiliate of Monroe Capital, and a specialty finance company that provides capital in the form of secured loans to venture capital-backed companies in the technology, life science, healthcare information and services... Read Story

KLC Financial announced that Amy Lewis, Vice President of Operations, has been awarded a Top Women in Finance Award from Finance & Commerce. With over 25 years of experience in the equipment finance and leasing industries, Lewis has made a... Read Story

Peapack-Gladstone Financial, the holding company for Peapack-Gladstone Bank, a $6.8 billion commercial bank headquartered in Bedminster, N.J., announced an expected rebrand on or about Jan. 1, 2025. The bank and its wealth management division, having... Read Story

eCapital announced the successful upsizing of its subsidiaries’ asset-based lending (ABL) facility, which expanded from $815 million to $987 million. This upsizes, agented by Wells Fargo and backed by a syndicate of premier banks, aligns with... Read Story

LTi Technology Solutions announced that Battle Horse Financial has chosen the ASPIRE Express platform to support its expanding portfolio, improve operational efficiency and ensure compliance with regulatory standards. Rapid business growth prompted... Read Story

FTR reported that preliminary North American Class 8 net orders in October totaled 28,300 units, marking a 14% month-over-month (m/m) decline but a 2% year-over-year (y/y) increase. This figure falls somewhat short of seasonal expectations as the... Read Story

Sudhir Amembal, an affiliate of Rinaldi Advisory Services, announced that his next one-day virtual Winning with Leasing seminar will be held on Feb. 6, 2025. Five previously scheduled seminars, held between May and October, attracted over 200... Read Story

Dedicated Financial GBC announced its 10th Anniversary Celebration Gala, scheduled for Jan. 10th, 2025, at the JW Marriott—Mall of America. The event promises an unforgettable evening of entertainment, reflection on a decade of achievements and a... Read Story

An outdoor apparel manufacturer approached Republic Business Credit for an asset-based loan when its existing senior lender could no longer support the company’s accelerated growth. Republic was able to provide a $15 million asset-based loan and... Read Story

October preliminary North America Class 8 net orders were 30,600 units, down 5.2% year over year. Complete industry data for October, including final order numbers, will be published by ACT Research in mid-November. “After a strong start to the... Read Story

Willis Lease Finance reported that on Oct. 31, 2024, the Company entered into a new, $1 billion, five-year, revolving credit facility (the “Credit Agreement”) among WLFC, certain wholly-owned subsidiaries of WLFC, as guarantors, the lenders party... Read Story

CapitalPlus Financial Services, a provider of construction-focused financial solutions, has extended a $1 million factoring facility to a Florida-based underground utility contractor, empowering the business to take on new projects without waiting... Read Story

North Mill Equipment Finance, an independent commercial equipment lessor headquartered in Norwalk, Conn., announced a new company record in monthly funded volume, surpassing $73 million in October, exceeding the previous high by more than $15 million... Read Story

grenke AG, a global financing partner for small and medium-sized enterprises, has opened its second location in the U.S. From the new location in Chicago, the company will serve the entire Central, North and South East region. grenke has already been... Read Story

Ameris Bank has promoted Brian Parks to the newly created role of head of Wholesale Banking, reporting to Ameris Bank President Lawton Bassett. Parks will be based in Atlanta and oversee Treasury Management, Industry Specialty Banking, Commercial... Read Story

FTR’s Shippers Conditions Index rose in August to 2.9 from the 0.5 reading in July due to falling fuel costs and weaker freight rates. Factors that tend to have a more indirect impact on shippers – freight volume and capacity utilization – were... Read Story

Silicon Valley Bank (SVB), a division of First Citizens Bank, has provided a $50 million growth capital facility to Bugcrowd, a provider of crowdsourced cybersecurity solutions. Bugcrowd brings the collective ingenuity of organizations and hackers to... Read Story

Acquis, an insurance provider to the asset finance industry, has entered an agreement with Allianz Global Risks US Insurance Company (doing business under the trade name Allianz Commercial) to distribute and underwrite insurance coverage. Allianz and... Read Story

Three attorneys from Cohn & Dussi were named to the 2024 Super Lawyers List: Lewis J. Cohn, Michael H. Theodore and Shawn M. Masterson. One attorney was named to the 2024 Rising Stars List: Andrew B. Glaab. Only 5 percent of lawyers are named to the... Read Story

TD Bank announced that it ranked No. 1 for the eighth consecutive year in total number of approved U.S. Small Business Administration (SBA) loans in its Maine-to-Florida footprint for the Small Business Administration's 2024 fiscal year. TD was also... Read Story

Assurant, a global business services company that supports, protects and connects major consumer purchases like automobiles, as well as commercial equipment (including heavy trucks and construction, agriculture equipment, forestry and office... Read Story

Truck freight shipments and spending continued to contract in the third quarter, albeit at a slower pace than earlier this year, according to the latest U.S. Bank Freight Payment Index. Shipments were down 1.9% compared to the previous quarter while... Read Story

Merchants Financial Group announced third quarter earnings of $14.26 million. Net income fell in the third quarter to $3.92 million from $5.84 million in 2023’s third quarter and was lower than company expectations. An additional provision to... Read Story

Sudhir Amembal, CEO of Amembal & Halladay and an affiliate of Rinaldi Advisory Services, instructed his flagship virtual seminar, Winning With Leasing!, exclusively for members of the American Association of Commercial Finance Brokers (AACFB). The... Read Story

eCapital closed a $100 million increase to its existing secured junior capital facility with Ares Management Credit funds, bringing the total facility size to more than $330 million. This latest increase supports eCapital’s continued growth and... Read Story

The latest release of ACT’s For-Hire Trucking Index suggests growth is making its way into the for-hire market. The Volume Index decreased 5.0 points in September to 49.5, seasonally adjusted, from 54.5 in August. Carter Vieth, Research Associate... Read Story

Laurentian Bank announced its LBC Capital and Northpoint Commercial Finance subsidiaries are uniting under one brand, Northpoint Commercial Finance, as of November 1, 2024. The merging of these two brands is a natural and anticipated evolution of... Read Story

Solifi, a global fintech software partner for secured finance, announced that Allied Credit Group, an Australian-based automotive and equipment finance organization, will implement the company’s Open Finance Platform SaaS solutions in support of its... Read Story

Two leaders central to forging The Alta Group’s reputation as a trusted global advisory dedicated to equipment finance were recognized as industry standard-bearers during the Equipment Leasing & Finance Association’s 63rd Annual Convention this... Read Story

MMP Capital closed a $20 million investment-grade corporate note issuance. Proceeds from the BBB-rated transaction will support continued growth, primarily by funding new originations.MMP predominately originates equipment-backed loans in the medical... Read Story

Equify Financial announced the closing of its second asset-backed securitization, issuing $153,369,000 in securities. This transaction of senior Class A notes earned a AAA rating from DBRS Morningstar, the highest credit rating available. The... Read Story

Ivory Consulting announced the immediate release of SuperTRUMP 24.1.  SuperTRUMP 24.1 delivers multiple enhancements and improvements across all platforms—Salesforce, Web, and Desktop—underscoring Ivory Consulting’s ongoing commitment to enhancing... Read Story

PrivateCap announced its launch to unlock new sources of capital for the equipment finance industry by connecting institutional investors to originators in the small and mid-market leases and business lease and loan market. PrivateCap’s founders... Read Story

Dext Capital launched Dext Wheels, which will focus on the Specialty and Vocational Vehicle market. This strategic expansion marks another milestone as Dext continues to grow into new markets.Heading the Dext Wheels Channel is seasoned sales... Read Story

Following its recent acquisition of Accord Financial Group, Osgood Funding (Osgood) has streamlined operations, improved efficiency, and strengthened partner alignment in part by implementing Northteq’s Aurora Loan Origination System (LOS). This next... Read Story

Linedata announced the U.S. launch of Linedata Ekip360, a complete, end-to-end asset finance platform. Currently in use by global equipment and auto manufacturers and banks in over 20 countries worldwide including Mexico and Canada, Linedata Ekip360... Read Story

Wolters Kluwer announced new third quarter analysis from its Equipment Lease Finance Digital Transformation Index, a key resource that tracks the rate at which equipment lessors and service providers are seeing growth in the evolution from... Read Story

Kapitus, a leading provider of financing for small and medium sized businesses, announced the acquisition of Ten Oaks Commercial Capital, a finance company specializing in equipment finance and working capital loans.With this acquisition, Kapitus is... Read Story

SBS (ex-Sopra Banking Software) announced that SFP Digital Audit, its advanced solution for digitizing asset audit and related risk management, is now available on the AWS Marketplace. This strategic move enables lenders and financial institutions to... Read Story

The National Association of Commercial Finance Brokers (NACFB) has appointed Sarah Cunningham as the trade body’s new head of compliance. Cunningham joins the Association at a pivotal time, bringing with her over two decades of experience across the... Read Story

EverBank has significantly expanded and strengthened its equipment finance capabilities by launching a new Corporate Asset Finance division. To lead the new business, the bank has appointed industry veteran Maureen Carr as Managing Director.The new... Read Story

Fintech veteran Dave Gilbert announced the launch of his latest industry milestone, FairSquare, a new holding company comprised of four trusted financial and business services brands including National Funding, QuickBridge, SmallBusinessLoans.com and... Read Story

The Seismic Group, a leader in value creation by identifying and eliminating operational inefficiencies, announces the launch of Seismic Capital Solutions. The new company will offer a full spectrum of equipment and commercial financing solutions... Read Story

Blue Owl Capital Corporation announced the five-year anniversary of its investment in Wingspire Capital, a premier asset-backed direct lender that operates two business units, Wingspire Equipment Finance and Wingspire Corporate Finance.Blue Owl... Read Story

Tamarack Technology introduced CloudComply 1071, a SaaS-based solution designed to ensure financial institutions comply with the impending Section 1071 of the Dodd-Frank Act. “Discussions around compliance with Section 1071 have been swirling around... Read Story

SouthState Bank is scaling its equipment finance division through an agreement with LTi Technology Solutions and JDR Solutions, which will enhance portfolio management and streamline operations. This strategic collaboration positions SouthState Bank... Read Story

GreatAmerica Financial Services and B2BToolbox announced a new capability that integrates financing into an e-commerce platform. This collaboration enhances the sales process for office technology providers and offers a fully digital experience for... Read Story

Alliance Funding Group (AFG) successfully upsized its corporate notes to $50.0 million. This upsize will be used to facilitate growth and for working capital needs. AFG is a market-leading vendor direct specialty finance company that provides... Read Story

In collaboration with MAI Technology Solutions, Rinaldi Advisory Services® (“RAS”) is introducing Tech Navigator, a comprehensive solution designed to help equipment finance companies build the essential technology infrastructure required for... Read Story

APPROVE, an embedded finance platform for equipment sellers, has launched the first in a series of product enhancements that harness artificial intelligence to remove roadblocks from the process of financing equipment purchases.APPROVE’s initial AI... Read Story

Lendscape, a global leader in secured business finance technology,  announced a strategic partnership with Findustrial, specialists in pay-per-use and as-a-service financing models. This collaboration will offer flexible, data-driven financing... Read Story

Inc. announced its third annual Power Partner Awards. The prestigious list honors B2B organizations across the country that have proven track records supporting entrepreneurs and helping startups grow. This year’s list recognizes eCapital among 359... Read Story

Dext Capital commenced a $200 million revolving credit facility with Deutsche Bank. The additional bank line increases Dext’s facility capacity to $750 million.“We’re excited to welcome Deutsche Bank as our newest financing partner. We look forward... Read Story

Commercial Credit Group (CCG) is celebrating the 20th anniversary of the company's founding.Two decades ago, a small group of people had a dream to build an equipment finance company that was different from all the rest. A company that was a genuine... Read Story

The London-based Banking Tech Awards announced QuickFi as a finalist in two categories for their embedded lending platform. QuickFi is a finalist for Best Digital Solution Provider – LendTech, and Best Embedded Finance System.The Best Digital... Read Story

LeasePoint Funding Group secured $40 million of incremental funding from Altriarch Asset Management (“Altriarch”). Westlake Securities, an Austin-based Investment Bank, was instrumental in orchestrating the capital raise, leveraging their deep... Read Story

The Department of Finance, Insurance, Real Estate and Law (FIREL) of the G. Brint Ryan College of Business at the University of North Texas (UNT) has announced a partnership with the Certified Lease & Finance Professional Foundation and the Equipment... Read Story

Clarus Capital successfully closed its inaugural asset backed securitization (“ABS”), CLARUS 2024-1. The ABS issuance is secured by a portfolio of commercial equipment leases and loans originated by Clarus with an aggregate securitization value of... Read Story

Maxim Commercial Capital reported robust results for the third quarter of 2024, funding nearly 80% more transactions than during Q3 2023. Despite a slow freight market, hurricane damage in the southeast, and the upcoming election, Maxim experienced a... Read Story

Fleet Advantage announced that Senior Vice President of National Accounts, Bill Ten Eyck, CTP, has been recognized as a Transportation Marketing & Sales Association (TMSA) Rainmaker, securing a runner-up position in the prestigious Sales Mountain... Read Story

Global consulting firm J.S. Held, proudly celebrating 50 transformative years, acquired Stapleton Group and announces the creation of the Strategic Advisory practice under the leadership of Michael Jacoby, CTP. The Stapleton Group acquisition further... Read Story

Dext Capital announced the relocation of its headquarters to 5500 Meadows Road, Suite 300, in Lake Oswego, Oregon. Located in the heart of Lake Oswego’s business district, the new office will provide employees with improved facilities and access to... Read Story

Fleet Advantage, a leading innovator in specialty financing, fleet data analytics, fleet management services, and life cycle cost management, announced that Chief Marketing Officer Katerina Jones has been named the 2024 Marketing Mountain Mover by... Read Story

Aon plc, a leading global professional services firm, and the National Center for the Middle Market (NCMM) announced the results of a new study, Driving Growth: The Role of People, Risk, and Technology in Middle Market Success. The survey of... Read Story

Transport Enterprise Leasing (TEL) is celebrating its 20th anniversary with another year of growth, said Co-Founder and President Jud Alexander. The business launched in September 2004 with a focus on used truck sales. Since then, TEL has expanded... Read Story

Amerisource Business Capital proudly commemorates four decades of excellence and client-centric service as it celebrates its 40th milestone anniversary.Since its inception in 1984, Amerisource has consistently set the standard for integrity... Read Story

Solifi, a global fintech software partner for secured finance, announced that it will receive a majority investment from TA Associates ("TA"), a leading global private equity firm. This transaction will accelerate Solifi’s growth by supporting... Read Story

LTi Technology Solutions (LTi) announced that Ansley Park Capital, led by a forward-thinking group of seasoned equipment finance professionals, has selected LTi’s ASPIRE platform to drive their new operations. This strategic decision aligns with... Read Story

First National Capital Corporation (FNCC), a provider of commercial equipment and aviation financing, announced a near-record $110 million in fundings for the third quarter of 2024, positioning the company well on track to achieve its ambitious... Read Story

NETSOL Technologies announced its new unified Transcend Platform – an AI-powered digital retail and asset finance solution for automotive and equipment OEMs, auto captives, commercial lenders, dealers, brokers and financial institutions. The new... Read Story

Liventus been named one of Crain’s “Best Places to Work” for two consecutive years. This prestigious recognition underscores the company’s unwavering commitment to fostering a positive company culture, offering best-in-class benefits, and delivering... Read Story

Equipment Finance Cares (EF Cares) held its fourth and final event of 2024 in Minneapolis, MN. Over 70 equipment finance professionals attended, representing 41 different organizations. "Thank you, CHANNEL, for hosting our third event in Minnesota,”... Read Story

Ansley Park Capital announced a major milestone in its first full quarter of operation. The company successfully funded $200 million across a wide range of industries, bringing its total originations to more than $250 million since its inception. The... Read Story

ASA proudly announced its 2024 award winners at its International Awards Luncheon, held during the ASA International Valuation Conference in Portland, OR on September 16. These awards recognize individuals and chapters that have made significant... Read Story

Tiger Finance’s lending platform committed $125 million of capital in the third quarter to support clients’ strategic growth initiatives across various business sectors.  Significant deals in Q3, which ended September 30, included providing capital... Read Story

Fleet Advantage announced its award of the FreightWaves’ 2025 FreightTech 100 list. This marks Fleet Advantage’s third appearance on the list, having previously been recognized in 2019 and 2021. The annual FreightTech 100 recognizes the most... Read Story

Rosenthal & Rosenthal completed a deal to acquire the assets of Accord Equipment Finance, the equipment leasing division of Accord Financial Corp., the Toronto-based commercial finance company. As part of the deal, Rosenthal will acquire Accord’s U.S... Read Story

North Mill Equipment Finance reported a new quarterly record in funded volume for the third quarter of 2024.“Our continued progress in diversifying our asset categories in partnership with our referral partners coupled with our strong capital base... Read Story

For four decades, CSC Leasing has been providing non-dilutive custom equipment financing for ambitious companies of all sizes and stages across many different industries to help them scale while preserving their equity. The company is continuing to... Read Story

PEAC Solutions announced the successful closing of its second Asset Backed Securitization (ABS) transaction on September 30th, 2024. PEAC Solutions Receivables 2024-2 LLC (PEAC 2024-2) issued notes totaling $394 million. The notes are backed by... Read Story

Alfa announced the full release of Alfa Systems 6.Alfa Systems 6 introduces a host of features and innovations designed to bring heightened productivity to providers, opening up new revenue streams, and elevating the customer experience. Announced in... Read Story

United Leasing & Finance, a subsidiary of United Companies, will serve as the presenting sponsor of the Korn Ferry Tour Championship, continuing a tradition of bringing professional golf to the region and fostering charitable initiatives in southern... Read Story

Accord Financial successfully sold the portfolio assets of Accord Equipment Finance (“AEF”), the Company’s US equipment leasing division. The acquirer is one of the largest privately held factor and finance companies in the United States, now... Read Story

XS Financial announced the closing of its agreement to be taken private by Mavik Capital Management, a multi-strategy investment firm with a flexible strategy across hard assets, and Axar Capital Management, a value-oriented alternative asset... Read Story

MMP Capital announced the renewal of its $125 million secured warehouse facility with Deutsche Bank, a move that positions the Long Island-based company for continued growth as it enters its third year as an on-balance sheet lender. John-Paul... Read Story

Citigroup and Apollo entered into an exclusive agreement for a subsidiary of Citi and certain affiliates of Apollo to form a landmark $25 billion private credit, direct lending program initially in North America, with the potential to expand to... Read Story

BlackRock and Santander announced the signing of a memorandum of understanding (MoU) by which funds and accounts managed by BlackRock will invest up to US$1 billion per year in select project finance, energy finance, and infrastructure debt... Read Story

Great Lakes Asset Solutions (GLAS) announced its transition to an Employee Stock Ownership Plan (ESOP) structure. This strategic change allows the company to become 100% employee-owned, reinforcing our commitment to delivering exceptional service... Read Story

Merchants Fleet, a leader in innovative fleet solutions, has announced a multi-year strategic partnership with Ridecell, the leading provider of fleet orchestration solutions. Merchants Fleet has selected Ridecell and their Ridecell 360 fleet... Read Story

Fleet Advantage announced that Chief Marketing Officer Katerina Jones and Fleet Procurement Manager Kirsten Babb, CTP., were recognized as recipients of the Food Logistics and Supply & Demand Chain Executive 2024 Women in Supply Chain Award. The... Read Story

Syndifi has joined forces with Tamarack Technology to streamline, simplify and enhance syndication for KLC Financial, LLC. The collaboration between the industry forerunners will enable KLC to syndicate more effectively and elevate its operational... Read Story

Ares Commercial Finance provided a $30 million senior secured revolving line of credit to Shapiro Metals. The Company, based in St. Louis, Missouri, creates customized recycling programs for manufacturing partners across a broad range of industries... Read Story

Rinaldi Advisory Services® ("RAS") has introduced Capital Navigator, an advisory service specifically designed to review the credit facilities and overall capital structure of independent equipment finance companies and help to map out the journey to... Read Story

CSI Leasing is relocating its global headquarters from Creve Coeur to a more than 138,000-square-foot facility in Weldon Spring.“We’re pleased to see an industry leader like CSI Leasing investing and creating jobs in Weldon Spring,” said Governor... Read Story

Plug Power, a global leader in comprehensive hydrogen solutions for the green hydrogen economy, announced the establishment of an equipment leasing platform and is targeting over $150 million in the near to mid-term. This platform is intended to... Read Story

Global consulting firm J.S. Held, proudly celebrating 50 transformative years, reveals the “Lending Climate in America” survey results from Phoenix Management, a part of J.S. Held. The third quarter survey results highlight concern about the... Read Story

Northteq announced the latest updates to its Aurora platform, featuring enhanced functionality for both Aurora’s borrower portal and syndication capabilities. In this latest product release, Northteq delivers even more powerful technological tools... Read Story

KLC Financial announced its successful implementation go-live of Leasepath Enterprise, the world-class origination and servicing platform tailored specifically for the equipment finance industry. This strategic move reflects KLC Financial’s ongoing... Read Story

Octaura Holdings announced the launch of Market Lists, a new protocol powered by data and analytics that streamlines the collateralized loan obligation (CLO) liquidation process for more efficiency throughout the trading lifecycle. Market Lists... Read Story

The Equipment Finance Cares Minnesota event, hosted by Channel, will be held on Wednesday, September 25th, from 1:30 pm -7 pm at Channel’s office in Wayzata, MN. “Equipment Finance Cares is excited to return to Minnesota,” said Jesse Johnson, Founder... Read Story

QuickFi was recognized as the Best PaaS (Platform as a Service) Provider of the Year at the 2024 Global BankTech Awards. QuickFi makes business equipment financing fast and efficient for global OEMs, banks, and small business borrowers on its... Read Story

CHG-MERIDIAN has been awarded the prestigious EcoVadis gold rating, putting it in the top 5 percent of the more than 130,000 companies assessed worldwide. This achievement highlights the significant step forward that the Group has taken with regard... Read Story

Sudhir Amembal's fourth Winning With Leasing virtual seminar, held on September 17, was attended by 48 equipment finance professionals. All industry segments (banks, independents, captives and service providers) were represented. Attendees ranged in... Read Story

Alfa announced the release of Collaborative Ecosystem, the sixth of six pillars in Alfa Systems 6, a breakthrough iteration of its SaaS platform.Collaborative Ecosystem in Alfa Systems 6 allows customers to tap into Alfa’s expertise and best... Read Story

Three Keys Capital Advisors announced a new agreement with Mitsubishi HC Capital America to source and advise on commercial finance transactions, as well as those in sustainable development and capital raising. Together, Three Keys and Mitsubishi HC... Read Story

Volkswagen Financial Services (VWFS), the captive financial services arm of Volkswagen Group of America, and Wells Fargo announced a multi-year co-branded agreement under which Wells Fargo will be the preferred purchase financing provider for the... Read Story

B. Riley Financial announced proposed strategic and financing initiatives intended to enhance shareholder value by accelerating debt repayment.The Company reported it has: Entered into a non-binding commitment for a debt financing of the B. Riley... Read Story

Fortune magazine and Great Place to Work have selected First American Equipment Finance as one of the 2024 Best Workplaces in Financial Services & Insurance (under 1,000 FTE). This is First American’s eighth time being named to this nationwide list... Read Story

Versana announced the closing of a $26 million capital raise with the addition of Barclays as an investor in its centralized, real-time digital data platform. Existing investors Bank of America, Citi, Deutsche Bank, J.P. Morgan, Morgan Stanley and... Read Story

QCR Holdings announced the decision to discontinue offering new loans and leases through its equipment finance business, m2 Equipment Finance, LLC (“m2”), located in Waukesha, WI. m2 was acquired by the Company in 2005 and has provided equipment... Read Story

Leasepath, a leading software provider of commercial equipment finance platform technology, announced that Oakmont Capital Services (OCS), a JA Mitsui Leasing Group, has successfully gone live with Leasepath Enterprise. This marks a significant... Read Story

QuickFi won Best Embedded Finance Solution at the 2024 Finovate Awards. QuickFi makes business equipment financing fast and efficient for global OEMs, banks, and small business borrowers.Other winners included J.P. Morgan, Mastercard, Socure, Brex... Read Story

Onset Financial’s Red Rock Division—located in St. George, UT—was awarded the 2024 Engineering News-Record (ENR) Intermountain Best Projects Award for Office/Retail/Mixed Use. Judged by criteria such as innovation, design, craft quality, and... Read Story

Solifi, a global fintech software partner for secured finance firms, was listed among the top fourteen Fast Track FinTech winners, as well as an IDC Fintech Top 100 company. The 21st annual vendor ranking recognizes the world’s leading hardware... Read Story

Liventus announced the acquisition of Sparkflow Data Analytics, a company specializing in data analytics and business intelligence solutions.Led by Steve Walker, Sparkflow has developed a strong reputation for delivering high-quality data analytics... Read Story

Commercial Credit, Inc., the parent company of Commercial Credit Group Inc., Commercial Funding Inc., and Keystone Equipment Finance Corp., has once again been named to the Business North Carolina Mid-Market Fast 40 List. This is the twelfth time... Read Story

Leasepath, a leading provider of intelligent workplace, cloud- based software solutions for the equipment & asset finance industry, announced a new shared project with Great American Insurance Group’s (GAIG) Specialty Equipment Division. This... Read Story

Apollo announced that balance sheet and other investor capital managed under its Aligned Alternatives platform have agreed to acquire Netherlands-based equipment leasing specialist Beequip from NIBC.Founded in 2015, Beequip has grown to become a... Read Story

The Equipment Leasing and Finance Association issued a statement regarding the passing of long-time member and industry leader Richard Doherty, who passed away on August 28.Doherty enjoyed a successful 43-year career in the equipment finance industry... Read Story

North Mill Equipment Finance (“NMEF”) announced the closing of its eighth asset backed securitization (ABS), NMEF Funding 2024-A (“NMEF 2024-A”). The $404 million transaction is NMEF’s first ABS transaction this year, bringing the total ABS proceeds... Read Story

Wingspire Equipment Finance announced the successful completion of its inaugural asset-backed securitization (ABS), WEF 2024-1. The transaction raised $201 million and was the first inaugural large-ticket equipment ABS to receive ratings from a major... Read Story

Businesses can now use Artificial Intelligence/Machine Learning (AI/ML) to better predict the likelihood that their customers will renew their contracts. According to Odessa, the new approach proved to be accurate 85% of the time — enabling Odessa... Read Story

PEOPLE magazine and Great Place to Work have honored First American Equipment Finance as one of the 2024 PEOPLE® Companies that Care. This is First American’s third time being named to this nationwide list, this year coming in at #74. The PEOPLE®... Read Story

White & Case advised Groupe BPCE on the acquisition of the activities of Société Générale Equipment Finance (SGEF), one of the leading European providers of industrial equipment lease financing.Following the transaction, Groupe BPCE will become the... Read Story

Wingspire Equipment Finance proudly announced a significant company milestone, surpassing $2 billion in funded transactions. This landmark accomplishment underscores the company's rapid growth and dedication to providing exceptional financial... Read Story

LTi Technology Solutions (LTi) announced that Americorp, a trusted partner since 1988, has strategically selected LTi’s ASPIRE platform to advance their equipment finance operations. This decision marks a significant milestone in a partnership that... Read Story

GreatAmerica Financial Services announced that its Employee Advised Fund fall application period opens after the Labor Day weekend to nonprofits in the Eastern Iowa area. Applications will be accepted September 3 through September 30, 2024, 4:30 PM... Read Story

According to a Reuters report dated August 19, 2024 authored by Manya Saini and Niket Nishant, regional lenders are cutting more deals to shore up their balance sheets and compete with rivals, extending a wave of consolidation in the sector that may... Read Story

Airborne Capital Limited, a global aircraft asset manager, announced the closing of a US$20.0 million investment-grade rated corporate note financing offered through its U.S. subsidiary Airborne Capital USA LLC. Proceeds from the transaction will be... Read Story

Solifi, a global fintech software partner for secured finance, announced it has partnered with LimePoint, a technology specialist in real-time data processing and data streaming consumers, to broaden accessibility to Solifi’s data streaming... Read Story

Sudhir Amembal, CEO of Amembal & Halladay and an affiliate of Rinaldi Advisory Services, announced the availability of training scholarships for emerging professionals in the equipment finance industry. This year, five scholarships will be awarded to... Read Story

Morritt Hock & Hamroff announced the launch of its newly redesigned website at www.moritthock.com. The site boasts a clean, modern appearance with advanced technology and improved navigation that provides the firm's existing and prospective clients... Read Story

Leasepath, the provider of the cloud-first equipment finance lifecycle platform powered by Microsoft Dynamics 365 and the Power Platform, announced its latest quarterly release. This update highlights Leasepath's dedication to innovation, delivering... Read Story

Odessa, a provider of technology solutions for asset finance, announced it has been named to the prestigious Inc. 5000 list for the fifth consecutive year. The list honors the 5,000 private companies in America with the most robust year-over-year... Read Story

Wolters Kluwer Compliance Solutions findings from second quarter analysis of its Equipment Lease Finance Digital Transformation Index show a significant increase in digital adoption rates in financing compared to previous quarters. The Index tracks... Read Story

Channel is pleased with its inclusion on the Inc. 5000 annual list of the fastest-growing private companies in America for a 12th consecutive year. Since the list’s inception in 1982, nearly 45,000 companies have been featured, but only 90 have... Read Story

Sudhir Amembal, CEO of Amembal & Halladay and an affiliate of Rinaldi Advisory Services, announced the release of his second seminar, "The 35 Extraordinary Benefits of the FMV Lease." Unlike his first seminar, "Winning With Leasing!", which is... Read Story

First Financial Bank has been recognized for the second year in a row as the Independent Community Bankers Association (ICBA) Top Lender of 2024 in Agriculture: More than $1 billion in assets category. This prestigious recognition is given annually... Read Story

Jackpot Digital Inc., a manufacturer of electronic multiplayer dealerless poker tables, has signed a software license and equipment lease agreement to install two of the Company's Jackpot Blitz dealerless poker machines at Seneca Gaming &... Read Story

First Citizens Bank announced CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management LLC, provided a $45 million revolving credit facility to creative materials distributor, MacPherson's.MacPherson's is the largest... Read Story

Big Shoulders Capital provided $2.1 million in funding to Allingham Corporation, a crane and air compressor rental firm in Detroit. By providing a flexible structure for refinancing its fleet, BSC will enable Allingham to invest in its current fleet... Read Story

United Leasing & Finance’s Executive Chairman Ron Romain and CEO Amy Romain Barron have been named to Indianapolis Business Journal’s 2024 list of the 250 most influential business leaders in Indiana. This is the third consecutive year they have been... Read Story

Trinity Capital Inc., a provider of diversified financial solutions to growth-stage companies, announced it has amended its credit facility led by KeyBank N.A. (KeyBank). The amendment expands the original credit facility from $350 million to $440... Read Story

Ares Management Corporation announced that funds managed by its Credit Group closed approximately $12.8 billion in U.S. direct lending commitments across 93 transactions during the second quarter of 2024 and approximately $38.3 billion in direct... Read Story

Amur Equipment Finance, Inc. (Amur) announced the completion of its 14th term securitization, in which it issued $476.25 million in notes secured by equipment loans and leases originated through its platform. The transaction, the largest in company... Read Story

McGlinchey Stafford announced its recognition by the Equipment Leasing and Finance Association (ELFA) for 20 years of membership in the organization.“We are proud to have been members of ELFA over the last 20 years,” said Jean-Paul Perrault, Member.... Read Story

Encina Private Credit (“EPC”) served as Revolver and Term Loan lender for a sponsor owned portfolio company operating in the automotive services industry. EPC’s $75 million first out commitment augmented the existing Unitranche lender’s $300 Million... Read Story

First Citizens Bank announced its CIT Commercial Services unit provided up to $48 million in financing to Crown Crafts Inc., one of America’s largest producers of infant bedding, toddler bedding, bibs, toys and disposable products.The financing... Read Story

U.S. small business lenders increased requirements to qualify for financing in the first half of 2024, but are cautiously optimistic the market will improve, according to the Q1 2024 SMB Lending Index released by Lendio.Lendio's SMB lending index... Read Story

Utica Equipment Finance announced the completion of a transaction totaling $15,500,000 in the fourth week of July.The $15,500,000 capital lease secured by forestry equipment, excavators, dozers, wheel loaders, and trucks for a company located in the... Read Story

TAB Bank successfully closed $103 million in credit facilities with nearly 400 companies during the second quarter of 2024. Financing included loans for working capital, equipment and commercial real estate, small business lines of credit and... Read Story

GreatAmerica Financial Services Corporation announced it has closed on its 25th term securitization with $641,875,000 of privately placed bonds. S&P and Fitch rated 93.4 percent of the bonds in the transaction as AAA, unchanged from the prior eight... Read Story

Alfa, a provider of enterprise software for equipment finance, announced the launch of Intelligent Automation, the penultimate pillar of six that make up Alfa Systems 6 - a breakthrough iteration of the Alfa Systems software platform.#5 Intelligent... Read Story

Trinity Capital launched a new vehicle in partnership with Eagle Point Credit Management LLC. Trinity's wholly owned registered investment adviser will be an adviser to the new vehicle, thereby bolstering the Company's sources of capital for lending... Read Story

HEVI Corp., a manufacturer of all-electric heavy equipment, announced it is partnering with Assurant, Inc., a global business services company that supports, protects, and connects major consumer purchases like automobiles, as well as commercial... Read Story

Sudhir Amembal, an affiliate of Rinaldi Advisory Services, announced his next one-day virtual Winning With Leasing seminar will be held on Oct. 24. The seminar is an extract from his firm's flagship seminar attended by over 35,000 equipment finance... Read Story

Maxim Commercial Capital (Maxim) reported strong results for the second quarter of 2024. While many competitors have tightened their credit windows and other lenders have closed their businesses, Maxim continues to expand. To support its growth, the... Read Story

United Leasing & Finance announces its 60th anniversary. This milestone marks six decades of dedication, commitment to excellence, and exceptional service in providing creative financing solutions to businesses across the United States and Canada... Read Story

Trinity Capital Inc. announced certain highlights for the first half and second quarter of 2024. Trinity funded a record $474 million of investments in the first half of 2024 and originated $289 million of total new commitments in the second quarter... Read Story

DataScan unveils its newest advancement in inventory risk management—RiskGauge. This innovative tool enhances visibility and precision in inventory monitoring and risk decision-making through a comprehensive and integrated approach. RiskGauge is a... Read Story

Fortune and Great Place to Work have honored First American Equipment Finance as one of the 2024 Best Workplaces for Millennials (under 1,000 FTE). This is First American’s eighth time being named to the nationwide list, this year coming in at #14.... Read Story

Equipment finance industry technology leaders Syndifi, Inc. and Tamarack Technology, Inc. have entered a strategic partnership to support capital market teams in the industry. The companies plan to integrate the Syndifi platform with Tamarack’s... Read Story

QuickFi is a finalist in the New York based 2024 Finovate Awards for Best Embedded Finance Solution. Other finalists include TD Bank, Mastercard, Brex, and Clair. QuickFi is honored to be recognized among these outstanding finalist companies.The... Read Story

First Citizens Bank announced CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management LLC, provided a $40 million revolving credit facility to B&W Fiber Glass Inc., a distributor of fiber glass and manufacturer of... Read Story

United Leasing & Finance announced its annual support to several area charities in Southwest Indiana. The pledges and gifts total $1.5 million and target early childhood and higher education, as well as organizations supporting youth health. These... Read Story

First American Equipment Finance announced it was recognized on the Selling Power 60 Best Companies to Sell For in 2024 list. The 24th annual list features companies leading the charge in perseverance and determination despite facing inflationary... Read Story

Auramet International, a leading precious metals merchant, closed a $300 million syndicated revolving credit facility led by Macquarie Group. Macquarie acted as Mandated Lead Arranger, Bookrunner and Administrative Agent for the Facility, which was... Read Story

Fleet Advantage announced Senior Vice President of Fleet Operations Brian Antonellis, CTP, has been honored as a 2024 “Rainmaker” award winner by DC Velocity. This recognition celebrates Antonellis’s exceptional leadership and significant... Read Story

Eastern Funding LLC, a financial lender to laundromats, owner-occupied commercial real estate, fitness and wellness, commercial vehicles, and other businesses (the Company), announced it will commence immediately with an orderly wind-down of its... Read Story

CamoAg, a provider of agricultural data solutions, and Fusable, formally Randall Reilly, announced a new partnership for nationwide data equipment UCC data integration. This collaboration integrates Fusable's comprehensive nationwide equipment UCC... Read Story

Amur Equipment Finance, Inc. (Amur) announced a new volume record for the first half of 2024, achieving over $500 million in loan originations and positioning itself to surpass $1 billion by the end of the year. Overall, Amur provided financing to... Read Story

Rinaldi Advisory Services, LLC (RAS), renowned for its expertise in exit strategy planning and mergers and acquisitions within the U.S. equipment finance marketplace, announced the addition of strategic alliance partner Deborah Reuben and... Read Story

Star Leasing Company, CTL (Commercial Trailer Leasing, Inc.), Cooling Concepts, and NETS Leasing (North East Trailer Services), portfolio companies of I Squared Capital, announced the completion of their name change to TEN (Transportation Equipment... Read Story

Stonebriar Commercial Finance (“Stonebriar”) closed a seven-year CAD$130MM (USD$95.1MM) term loan for a leading provider of specialty industrial and environmental services to oil and gas, chemical, and manufacturing end markets. The loan, part of a... Read Story

Accord Financial Corp. announced it has established two new financing arrangements to support its Canadian small business lending division and BondIt Media Capital (BondIt), its U.S.-based media financing arm. Both facilities provide a more... Read Story

Solifi, a global fintech software partner for secured finance, announced it was shortlisted in three categories at the Asset Finance Connect (AFC) Summer awards, which will take place at the Honorable Artillery Company on July 9 and focus on People... Read Story

CAN Capital, Inc. successfully completed a $175 million funding program, which includes a variable funding note facility with a maximum borrowing amount of $50 million and a $125 million asset-backed notes term securitization. This transaction was... Read Story

It is with profound sadness that we mourn the passing of Doug Carmichael, CEO and co-founder of Transport Enterprise Leasing (TEL). He passed Monday, June 24, surrounded by family in Chattanooga, TN after a brief illness.“Doug was an extraordinarily... Read Story

Asset Compliant Solutions, a leading collections, recovery and portfolio optimization firm announced it will host a webinar event on Tuesday, July 13 at 3 p.m. EDT titled "Prospering in a Changing Landscape." The webinar will feature leaders from... Read Story

KLC Financial announced its recognition as one of the Minneapolis Star Tribune’s Top Workplaces in 2024. The Minnetonka-based company also received two additional Top Workplace Special Awards: the “Employee Appreciation” award and the “New Ideas”... Read Story

Stonebriar Commercial Finance (Stonebriar) announced the closing of a seven-year CAD $130 million ($95.24 million) term loan for a provider of specialty industrial and environmental services to oil and gas, chemical, and manufacturing end markets.... Read Story

Channel announced that, for the third consecutive year, it has been named one of the Top 200 Workplaces in Minnesota by the Star Tribune, ranking fifth amongst the top midsize companies in the state. This recognition highlights its dedication to... Read Story

eCapital upsized an invoice factoring facility for a fast-growing startup food distributor specializing in supplying high-quality food products to Mexico. Demonstrating the agility of its financing solutions, eCapital increased the invoice factoring... Read Story

Liventus announced its inclusion in the prestigious Fortune Best Workplaces in Chicago 2024 list. The company has been ranked seventh among small and mid-size companies, significantly improving from its 27th place ranking in 2022. This achievement is... Read Story

First Horizon Corp. announced the recipients of the Grants for Good campaign. In honor of the bank's 160th anniversary and after receiving more than 3,500 applications, the First Horizon Foundation awarded $1.6 million to 160 nonprofits across the... Read Story

Fleet Advantage, an innovator in specialty financing, fleet data analytics, fleet management services, and life cycle cost management, announced it has been recognized as a winner of Food Logistics and Supply & Demand Chain Executive‘s 2024 Top... Read Story

Arcadia Finance, a new litigation funding firm focused on commercial litigation and arbitration, announced its official launch to offer customized financial solutions and unparalleled support to empower clients and partners in achieving their legal... Read Story

First Citizens Bank announced that CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management, LLC, provided a $35 million revolving line of credit to Network Wireless Solutions, a provider of cable solutions and distributor... Read Story

Channel announced it has been listed among Inc.’s annual Best Workplaces list. Prominently featured on Inc.com, the list is the result of a comprehensive measurement of American companies that have excelled in creating exceptional workplaces and... Read Story

TD Bank Group (TD) announced the launch of TD Innovation Partners (TDIP), a division of The Toronto-Dominion Bank. TDIP is a new full-service team providing bespoke, high-touch banking and financing solutions in support of technology and innovation... Read Story

Beacon Funding Corporation announced it has made the Fortune’s Best Workplaces in Chicago list for the second time. Beacon Funding was first named to this list in 2022 and is proud to be recognized again in 2024.Beacon Funding, a truck and equipment... Read Story

Chesswood Group Limited provided an update on its previously announced evaluation of the strategic direction of the company being supervised by a special committee of its board of directors (the Committee).Over the course of its review to date, the... Read Story

Utica Equipment Finance announce the completion of an equipment refinance transaction totaling $3,500,000.The capital lease to a concrete and masonry recycling company in Michigan was secured by crushing equipment, construction equipment and trucks.... Read Story

Solifi, a global fintech software partner for secured finance, is celebrating its 50th anniversary after enjoying substantial growth in 2023.Founded in Minnesota as Decision Systems in 1974, the business initially specialized in solutions for... Read Story

Traditional fraud prevention methods are failing to keep pace with the latest fraud tactics. Northteq's new white paper, "The growing challenge of equipment finance fraud: Utilizing technology to strengthen your fraud prevention strategy.” Northteq... Read Story

Fortune magazine and Great Place to Work have honored First American Equipment Finance as one of this year’s Best Workplaces in New York. This is First American’s eighth consecutive year being named to this prestigious list, this year coming in at No... Read Story

Tax Guard, a Cogency Global Company and the first provider of real-time IRS tax data services, announced it has entered a partnership with San Diego-based Ventures Lending Technologies, an end-to-end lending software for banks and mission-based... Read Story

DataScan, an industry leader in dealer commercial lending solutions, announced the launch of its new website. The newly designed site reflects DataScan's commitment to meeting the evolving needs of dealer commercial lenders by offering a more... Read Story

First Citizens Bank announced its Asset-Based Lending business will provide up to $400 million in combined financing to facilitate the investments of WhiteHawk Fund IV and WhiteHawk Evergreen Fund.Both funds are managed by WhiteHawk Capital Partners... Read Story

Ares Commercial Finance (“ACF”) announced it is marking 10 years as the commercial finance platform of Ares Management. The evolution of the platform began with the acquisition of Keltic Financial Services, LLC in 2014 and was further augmented with... Read Story

First National Capital Corporation (FNCC), a commercial equipment and aviation finance provider, announced the funding of natural gas turbine generators totaling over $148,000,000 in committed capital. The client, which specializes in the fast-track... Read Story

Premier Truck Rental (PTR) announced its 10th anniversary. Since its inception in 2014, the company has continuously pushed the boundaries of innovation, achieved significant milestones, and set new standards in the equipment rental space.Started by... Read Story

ATEL Ventures, a division of ATEL Capital Group and a provider of venture debt financing solutions to growth-stage companies, announced the completion of an agreement to provide $20 million of growth debt to Isar Aerospace, a launch service provider... Read Story

Sudhir Amembal, CEO of Amembal & Halladay, and an affiliate of Rinaldi Advisory Services, instructed a one-day interactive virtual seminar entitled, "Winning with Leasing" on May 30. The seminar, an extract from the firm's live flagship seminar... Read Story

Syndifi Inc. announced KLC Financial, LLC, a finance company offering lease and capital equipment financing for businesses, has selected the Syndifi platform to enhance its syndication process.By adopting Syndifi’s award-winning platform, KLC... Read Story

Verdant Commercial Capital has been recognized for its rapid growth and employee satisfaction by being included a third time on two different workplace award lists.Verdant has been named a Top Workplace in Greater Cincinnati and Northern Kentucky for... Read Story

Rinaldi Advisory Services (RAS) announced the addition of Verity Capital Advisors CEO, Justin Vogel to its consulting practice. This strategic alliance will add Verity Capital’s expertise in optimizing capital stacks and securing lines of credit to... Read Story

ASA announced Rajeev R. Shah as a recipient of the esteemed 2024 Honorary Award.Recognized for his exceptional dedication, unwavering commitment, and outstanding contributions to the broader appraisal profession, Rajeev R. Shah emerges as a... Read Story

Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, announced the recent upsize of its investment-grade corporate note financing. The new notes were assigned a BBB rating by a nationally recognized... Read Story

XCMG America Financial announced its expansion of its North American financing platform into Canada, supported by QuickFi. The new XCMG program enables nearly instant loans and leases for XCMG equipment purchasers in Canada.Gengzong Qiu, XCMG America... Read Story

A new paper argues that important advancements in health, telecommunication, mobility and other areas risk being hindered if visionary founders are not able to access the necessary funding for their ventures. “Debt as Catalyst – Making Hard Tech... Read Story

First Citizens Bank announced CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management, LLC, provided a $75 million revolving credit facility to Cisco Equipment Rentals, a Texas-based provider of equipment rentals, new and... Read Story

QuickFi is honored to win Best Embedded Finance Solution at the 2024 Banking Tech Awards USA.Other finalists included J.P. Morgan Chase, HSBC Bank USA, Wells Fargo, Morgan Stanley, Intuit, Fiserv, and SoFi. QuickFi is honored to be selected as the... Read Story

Verdant Commercial Capital, LLC announced the closing of its latest 144a term securitization. “VERD 2024-1” issued notes totaling $307,667,000 that are backed by a diverse portfolio of high-quality equipment leases and loans collateralized by... Read Story

Small business owners will be able to forecast their cash flow up to 12 months in advance using an all-new digital solution rolled out by Citizens.The solution, Citizens Cash Flow Forecasting, offers tips and insights as well as competitive... Read Story

Equipment Finance Cares (EF Cares) held its second event of 2024 in Philadelphia, PA. More than 60 equipment finance professionals attended, representing 42 different organizations. “Thank you, Oakmont Capital Services, for hosting this amazing event... Read Story

AP Equipment Financing announced the success of its Wholesale Floorplan program, spearheaded by Floor Plan Operations Manager Rena Waples. Since Waples joined the team in 2023, the program has garnered significant interest from dealers and suppliers... Read Story

QuickFi was recognized as Best of Show at Finovate Spring 2024. QuickFi participated with over 50 companies at Finovate Spring 2024, a leading fintech event series held annually in San Francisco, New York City, Asia, and Europe. QuickFi was honored... Read Story

DLL is the recipient of the “Best ESG/Sustainability Initiative of the Year: Environmental Aspects” and the “Best E-Mobility Financing Programme” Awards from the Arena International Events Group.The awards ceremony, which was in its second edition... Read Story

Penske Transportation Solutions and ForeFront Power have formed a new joint venture named Penske Energy LLC. The new venture aims to help commercial fleet operators plan, design and deploy optimized EV charging infrastructure capabilities that... Read Story

AP Equipment Financing issued the following statement: It is with profound sadness that we announce the passing of Raquel O'Leary, who lost her courageous battle with cancer on May 18, 2024.Raquel's career spanned over three decades, marked by her... Read Story

Solifi received an accolade in the Best New Services Solutions: Data and Asset Management category in the 2024 Sustainable Finance Awards. The awards, which took place in May in Paris, celebrate the success of leading finance businesses in achieving... Read Story

Encina Lender Finance, LLC announced it has closed a $50 million senior credit facility for a consumer point-of-sale lending platform with a network of more than 2,000 merchants nationwide.The borrower will use this facility to support its continued... Read Story

Channel announced Brad Peterson, Chief Executive Officer, has been named Leader of the Year at Converge, a two-day conference, workshop, and gala event hosted by Monitor. This recognition speaks to Peterson’s widely respected approach to leadership... Read Story

PathShare HR Services, a division of GreatAmerica Financial Services, announced the launch of its sales training, featuring a curriculum developed by Richardson Sales Performance, a global leader in sales training and performance improvement. The... Read Story

Alfa, a provider of enterprise software for the equipment finance industry, announced the release of Scalability, the fourth of six releases that make up Alfa Systems 6 - a breakthrough iteration of its Alfa Systems software platform.Providing “truly... Read Story

Solifi, a global fintech software partner for secured finance, announced the launch of ESG Portfolio Strategist, as the latest innovative application in its product suite. Enabling automotive finance businesses to operationalize ESG strategy within... Read Story

Despite a recent growth forecast of 27.5% CAGR and the size of the electric vehicle (EV) charging infrastructure market estimated to exceed $224.8 billion by 2032, the lack of reliable and managed on-site charging options remains a key challenge to... Read Story

DLL, global provider of asset-based financial solutions, delivered consistent results for the 2023 business year. Despite ongoing geopolitical and macroeconomic challenges, the company recorded net profit, portfolio and income growth. DLL realized a... Read Story

Fora Financial, a provider of flexible financing to small- and medium-sized businesses nationwide, announced a new record for single-quarter funding originations. The company reports a 30 percent increase in Q1 2024 over Q1 2023 in overall funding... Read Story

QuickFi announced the expansion of its QuickFi equipment financing platform into Canada. The patented QuickFi platform enables OEMs to offer equipment buyers a consistent, nearly instant, self-service equipment financing experience throughout the U.S... Read Story

Encina Lender Finance closed a $20 million senior credit facility for an indirect auto finance platform with a network of dealers spanning across 30+ states. The borrower will use this facility to support its continued expansion. Read Story

U.S. Used Tractors 100 Horsepower and Greater Inventory levels rose 2.54 percent month over month, marking a continuation of recent upward trends noted for several months, and are now 58.3 percent higher than the same period last year. The... Read Story

Wolters Kluwer announced new first quarter analysis from its Equipment Lease Finance Digital Transformation Index, a key resource that tracks the rate at which equipment lessors and service providers are seeing growth in the evolution from... Read Story

Scout Clean Energy, a Colorado-based renewable energy developer, owner, and operator, announced the closing of a $100 million equipment supply loan (ESL) with Rabobank. The facility will be used to fund Scout equipment down payments. Scout is a... Read Story

As 360 Equipment Finance marks its 14th year of providing entrepreneurs and business owners with innovative equipment financing solutions, the company proudly announces a historic milestone. April 2024 witnessed the largest total funding volume in... Read Story

The PNC Financial Services Group, Inc. and the TCW Group, Inc., a global asset manager, announced they are partnering to deliver private credit solutions to middle market companies.The PNC and TCW partnership formalizes and expands more than 15 years... Read Story

TomorrowZone announced the launch of its newest endeavor: the TomorrowZone Catalyst podcast - a space where curiosity meets connection, possibility reigns supreme, and innovation is a way of life. We invite you to join Deborah Reuben and the... Read Story

Sudhir Amembal, CEO of Amembal & Halladay and an affiliate of Rinaldi Advisory Services, will instruct a one-day interactive virtual seminar entitled "Winning with Leasing." The seminar is an extract from the firm's live flagship seminar attended by... Read Story

SLIM Capital, headquartered in Beverly Hills, CA, announced a groundbreaking quarter, with Q1 2024 witnessing an exceptional surge in origination volume and a record-breaking influx of deal submissions. The team's unwavering commitment to efficiency... Read Story

As robotics and automation expand rapidly into industries from healthcare to warehousing to food service, recent research shows that the global robotics-as-a-service (RaaS) market is projected to grow at a CAGR of 17.4 percent through 2028 to more... Read Story

The Federal Trade Commission issued a final rule to promote competition by banning noncompetes nationwide, protecting the fundamental freedom of workers to change jobs, increasing innovation, and fostering new business formation.“Noncompete clauses... Read Story

Wintrust Commercial Finance (WCF), a division of Wintrust Asset Finance Inc., is celebrating nine years of business this month. WCF is an equipment-focused financing group headquartered in Frisco, TX, offering sophisticated loan and lease products to... Read Story

The Equipment Finance Cares Pennsylvania event, hosted by Oakmont Capital Services, will be held on Tuesday, May 14th, from 1:30 p.m. to 7 p.m. at the Museum of the American Revolution in downtown Philadelphia.“Equipment Finance Cares is excited to... Read Story

Clarus Capital (Clarus) completed an upsizing of its existing loan facility for an established, family office backed private aviation platform. The facility, now totaling $35 million, will continue to support the company’s ongoing fleet... Read Story

Best Companies Group has honored First American Equipment Finance as one of the 2024 Best Companies to Work for in New York. This is First American’s 13th consecutive year being named to the list, this year coming in first place in the large company... Read Story

Maxim Commercial Capital (Maxim) announced a strong start to 2024. The hard asset secured lender provided equipment purchase and cash out financings in 31 states during the first quarter of the year. Maxim is a national provider of loans and leases... Read Story

Finova Capital, LLC closed on a senior credit facility with a major specialty lender. The $30 million facility will be used to originate new equipment leases. Bob Neagle, CEO of Finova, noted the “addition of the new facility will allow us to finance... Read Story

Solifi, a global fintech software partner for secured finance, announced the completion of the integration with Codat, a provider of enhanced-connectivity automated solutions. The out-of-the-box functionality enables asset-based lending (ABL) firms... Read Story

Silicon Valley Bank (SVB), a division of First Citizens Bank, along with lending partner Trinity Capital, provided a $125 million warehouse facility to fintech infrastructure startup, Parafin. Recently named to the 2024 Fintech Innovation 50, Parafin... Read Story

eCapital Corp. funded a $12 million asset-based lending facility with an $8 million accordion feature for a North Carolina-based distributor specializing in waterworks products and related items for contractors and municipalities. This infusion of... Read Story

Capteris announced a 200 percent increase in year-over-year Q1 funded volume, resulting in its strongest quarter since inception. Given continued market uncertainties, the company saw a significant increase in the number of clients and financial... Read Story

Middle market private companies in the Golub Capital Altman Index grew earnings by 11% during the first two months of the first quarter of 2024. Revenue grew 5% during the same period.Lawrence E. Golub, CEO of Golub Capital, said, “Growth in Q1 2024... Read Story

On April 10, Onset Financial unveiled its highly anticipated Red Rock Division in the vibrant city of St. George, UT. This new 55,000-square-foot campus stands alongside Onset’s existing Draper Headquarters as a monument to Onset Financial’s... Read Story

Sudhir Amembal, CEO of Amembal & Halladay and an affiliate of Rinaldi Advisory Services, will instruct a one-day interactive virtual seminar entitled "Winning with Leasing." The seminar is an extract from the firm's live flagship seminar attended by... Read Story

In an impressive start to the new year, Reliant Capital has announced the closure of over $43 million in business loans in its first quarter. This accomplishment not only broke the record for the largest single month in company history but also an... Read Story

Flatbay Capital was founded in 2019 with the goal of supporting business owners with their commercial real estate financing needs. Based in Houston, Texas, they are a nationwide non-bank lender focusing on owner-occupied commercial real estate loans.... Read Story

Star Leasing Company, CTL (Commercial Trailer Leasing, Inc.), Cooling Concepts, and NETS Leasing (North East Trailer Services), portfolio companies of I Squared Capital, announced their intent to rebrand and change their name to TEN (Transportation... Read Story

Jefferies Financial Group and SMBC Group have expanded their global strategic alliance to enhance collaboration on future corporate and investment banking business opportunities within the Canadian market. SMBC Group comprises Sumitomo Mitsui... Read Story

Houlihan Lokey presented its latest Equipment-as-a-Service Market Update. Here are some key takeaways from this edition of the report: Despite a smaller count for EaaS transactions, disclosed volume was up significantly, indicating a willingness... Read Story

First American Equipment Finance has been named the No. 1 on the Rochester Top Workplaces 2024 list (midsize category, 125-399 FTE). This is First American’s fourth consecutive year ranking in first place.The Top Workplaces list is based solely on... Read Story

Private equity entered 2024 ready to shop, and a study released by Citizens reveals many business leaders may be open to making a deal. Nearly three quarters (72 percent) of small- and mid-size businesses in the U.S. view the private equity industry... Read Story

PEAC Solutions hosted its inaugural “Tee-Up for Charity” event on April 2, at TPC Sawgrass in Ponte Vedra Beach, FL.The event that took place at the prestigious TPC Sawgrass provided participants with the unique opportunity to play on the renowned... Read Story

ASA is announcing the ASAI Symposium, taking place Thursday, June 27, from 1:00 pm to 3:30 PM EDT. This virtual event promises to deliver invaluable insights into the profound influence of Artificial Intelligence (AI) on the valuation profession.With... Read Story

MUFG announced that it has established a new Medium-term Business Plan (“MTBP”) for the three-year period beginning in FY2024, as outlined in the following press release.Since the three years of the COVID-19 pandemic, the business environment has... Read Story

Assurant, Inc. has been named to the Fortune list of America’s Most Innovative Companies 2024. This award is presented by Fortune and Statista Inc.Fortune and Statista selected America’s Most Innovative Companies 2024 based on product innovation... Read Story

Chesswood Group Limited announced an update on its review of strategic alternatives to maximize shareholder value, previously announced on Jan. 22, 2024.In connection with the review process, Chesswood, through a special committee of its board of... Read Story

Cass Commercial Bank announced the launch of its Equipment Finance Division. Designed to unlock the potential of capital assets across industries, this new division offers tailored equipment leasing solutions to finance growth, improve capital... Read Story

J.S. Held reveals the “Lending Climate in America” survey results from Phoenix Management, a part of J.S. Held. The first quarter survey results highlight concern about the outcome of the upcoming Presidential election and increased uncertainty... Read Story

Volvo Financial Service (VFS) announced a continuation of its partnership with JA (Junior Achievement) Worldwide through 2025, bringing financial literacy skills and knowledge to even more youth around the world. In addition, VFS and JA are expanding... Read Story

Susan Carol Creative has rebranded to Foresight Marketing Agency, in a move that reflects the significant growth in capabilities at this longtime leader in public relations and marketing communications for B2B clients in commercial finance, equipment... Read Story

Equipment Finance Cares (EF Cares) and the American Association of Commercial Finance Brokers (AACFB) join forces to advance industry collaboration and philanthropy. The partnership kicks off with a charity concert and packing event at the upcoming... Read Story

Consult Disrupt, a consulting organization formed to support equipment finance organizations with their day-to-day operations and technology-related projects announces that Providence Capital Funding has selected the consulting firm to lead their RFP... Read Story

Canyongate Financial, a finance broker dedicated to helping small businesses secure equipment finance and working capital, announced the launch of CanyonConnect, a digital marketplace revolutionizing the deal origination process.“We are thrilled to... Read Story

First Business Bank’s Floorplan Financing team recently funded a $2.5 million inventory floorplan line of credit for an independent car dealership in North Carolina.First Business Bank’s Floorplan Financing team offers independent car dealers the... Read Story

Dext Capital, an essential-use healthcare equipment lessor, announced the upsize of its investment-grade corporate note. Proceeds will be used for new originations and growth initiatives.Founded in 2018, Dext specializes in providing financing... Read Story

Mitsubishi HC Capital America continues to make significant strides in its digital transformation efforts with the recent integration of MuleSoft Robotic Process Automation (RPA).In a move to strengthen business development and customer retention... Read Story

United Rentals, Inc., the world’s largest equipment rental company, announced it has been recognized as one of America’s Best Employers 2024. This award is presented by Forbes and Statista Inc., the world-leading statistics portal and industry... Read Story

QuickFi is a finalist in the New York, 2024 Banking Tech USA Awards for three categories: Best Embedded Finance Initiative, Best Embedded Finance Solution, and Vehicle & Equipment LendTech of the Future. Other finalists include J.P. Morgan, HSBC... Read Story

Amur Equipment Finance, Inc. is proud to be Certified by Great Place to Work for the sixth consecutive year. Amur employees again confirmed that the company is a Great Place to Work, rating Amur 34 points higher than typical U.S. companies surveyed.... Read Story

Alfa, a provider of technology for equipment finance, announced the release of Sustainability, the third of six releases that make up Alfa Systems 6, a breakthrough iteration of its Alfa Systems software platform.Sustainability in Alfa Systems 6... Read Story

Med One Group announced a strategic partnership with iMedical Equipment & Service, dba iMedical Healthcare Solutions. This collaboration provides hospitals with a compelling single-source solution for all their equipment needs while expanding the... Read Story

Wintrust Receivables Finance (WRF) announced the closing of a new $15,000,000 account receivable line of credit for a well-established Midwest-based third-party logistics firm. The company has been providing best-in-class logistics and transportation... Read Story

The American Association of Commercial Finance Brokers (AACFB) is thrilled to announce the recipient of the 2024 AACFB Scholarship, Widtherly Exantus.Since its inception in October 2020, the AACFB scholarship program has aimed to support high school... Read Story

As economic uncertainty continues to loom, First Capital Business Finance Launches steps forward with a groundbreaking initiative to address the pressing need for accessible financing in the transportation industry.With the launch of a specialized... Read Story

QuickFi has been selected as “Best Overall LendTech Company” in the 8th annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and... Read Story

Sudhir Amembal, CEO of Amembal & Halladay and an affiliate of Rinaldi Advisory Services, will instruct a one-day interactive virtual seminar entitled "Winning with Leasing." The seminar is an extract from the firm's live flagship seminar attended by... Read Story

As the global economy nears recovery, so will the PC market with global shipments forecast to reach 265.4 million units in 2024, up 2.0 percent from the prior year according to the International Data Corporation (IDC) Worldwide Quarterly Personal... Read Story

ASA announced the opening of registration for the 2024 ASA International Conference (ASAIC24), scheduled for Sept. 15-17, 2024. The conference will take place both in person at the Hilton Portland Downtown in Portland, OR, and virtually.Marking its... Read Story

Trinity Capital Inc. announced the commitment of $50 million in equipment financing to Electric Hydrogen, a manufacturer of electrolyzer systems that produce green hydrogen for critical industries.Electric Hydrogen's electrolyzer systems are complete... Read Story

Consult Disrupt, a consulting organization formed to support equipment finance organizations with their day-to-day operations and technology related projects is excited to announce its partnership with Honour Capital. Consult Disrupt has been chosen... Read Story

Solifi, a global fintech software partner for secured finance, announced the release of the 2024 Global Leasing Report. This coveted digital publication details the trends, economic projections and insights into the top 50 leasing markets worldwide.... Read Story

Gordon Brothers, the global asset experts, is exclusively offering for sale by private treaty the Royal Falcon One superyacht.Royal Falcon One was built in 2019 and is the world’s only luxury catamaran superyacht created by Studio F.A. Porsche. The... Read Story

GreatAmerica Financial Services announced applications from area nonprofits for their Employee Advised Fund will be accepted from March 1 to March 29, 2024, 4:30 PM (CST). The Employee Advised Fund, launched in 2022 is in addition to the GreatAmerica... Read Story

NFS Leasing, Inc., a privately held leader in equipment finance across the U.S. and Canada, announced it achieved 8 percent year-over-year growth of originations in 2023.“Our team's strength and the value we provide to our customers to support their... Read Story

MidCap Equipment Finance LLC crossed its second anniversary, originating over $225 million since the business began in February 2022. MidCap has provided financing in a variety of industries such as manufacturing, construction, transportation... Read Story

Equifax is launching a real-time, Know Your Business (KYB) online Business Verification Solution offering to help U.S. lenders and businesses of all sizes make faster, more informed decisions before onboarding new accounts or vendors. New business... Read Story

ASA announced the new ASA Valuation of Inventory Conference, to take place online Thursday, May 2, from 1 p.m. to 5:20 p.m. ET. Join us for an exclusive exploration into inventory valuation nuances, from specific assets to uncovering inventory scams.... Read Story

Pathward, N.A., announced the release of its “Small Business Credit Habits and Needs” report, which found that while one in three small businesses have struggled with cash flow in the changing economy, 70 percent consider themselves to be in growth... Read Story

ASA announces Marc A Genest, Ph.D. as keynote speaker for the 13th Annual ASA Equipment Valuation Conference, to take place Sunday, June 2 to Thursday, June 4, 2024, in Herndon, VA and online.Genest, a Forrest Sherman Professor of Public Diplomacy at... Read Story

Black Star and Lease Finance Partners (LFP) announced a strategic partnership aimed at transforming the landscape of equipment leasing. This collaboration brings together Black Star's commitment to quality and service with LFP's prestigious standing... Read Story

ASA announces the hosting of the 13th Annual ASA Equipment Valuation Conference, to take place Sunday, June 2 to Tuesday, June 4, 2024, in Herndon, VA and online.Presented by ASA's Machinery and Technical Specialties Committee, this annual event is... Read Story

Wolters Kluwer announced new fourth quarter analysis from its Equipment Lease Finance Digital Transformation Index, a key resource that tracks the rate at which equipment lessors and service providers are seeing growth in the evolution from... Read Story

FGI Worldwide LLC announced GemCap, Texas-based provider of revolvers, term loans and factoring facilities for small and medium-sized businesses across the United States and Canada, has chosen FGI T.R.U.S.T. as a risk mitigation solution for client... Read Story

Fora Financial, a provider of short-term financing to the SMB community, announced it has surpassed $4 billion in capital provided to more than 55,000 small businesses since its inception in 2008. The company achieved this milestone on the heels of a... Read Story

Värde Partners, a global alternative investment firm specializing in credit and credit-related assets, announced that it committed $1.3 billion across its asset-based lending and diversified private credit platform in 2023. These investments... Read Story

Clarus Capital announced it has completed the arrangement of a combined $55 million U.S. and Canadian lease facility for a leading multi-sponsor-backed business service provider. Financing proceeds supported strategic growth initiatives, liquidity... Read Story

Sudhir Amembal, an affiliate of Rinaldi Advisory Services and CEO of Amembal & Halladay, conducted a webinar on Feb. 13 entitled, "Winning with Leasing!” The one-hour webinar attracted over 200 equipment finance professionals. They represented a... Read Story

360 Equipment Finance announced it has signed on with GreatAmerica Portfolio Services Group LLC (GPSG), a lease and loan service provider specializing in third-party servicing, to service its portfolio as the company scales. 360 Equipment Finance... Read Story

After essentially holding the line on the forecast since last July, ACT Research pushes 2024 Class 8 production and sales expectations up in February, as published in the latest release of the North American Commercial Vehicle OUTLOOK.“In addition to... Read Story

The Black Equipment Finance Network (BEFN), a national networking organization comprising equipment finance professionals, announced the awarding of its inaugural scholarships to two students from Historically Black Colleges and Universities (HBCUs).... Read Story

Northteq, LLC, a provider of Salesforce loan origination solutions, supported the launch of ElmBlue Capital, an emerging lender in the equipment finance market. Co-founded by industry veterans Greg Bourdon, Paul Reny, and Jake Broom, ElmBlue Capital... Read Story

A new survey from Grant Thornton revealed that chief financial officers (CFOs) have dramatically higher expectations compared to the most recent quarters. In fact, the majority of CFOs are confident in their ability to meet business goals related to... Read Story

Insight Financial Services (IFS), a division of Insight Investments LLC, announced it has been awarded a purchasing contract from the Mohave Educational Services Cooperative (MESC) to provide leasing and financing services. As an approved program... Read Story

First Citizens Bank's Healthcare Finance business provided $37 million to Rethink Healthcare Real Estate to refinance Grandview Physicians Plaza I, a medical office building located in Birmingham, Alabama. The medical office building spans over... Read Story

Fleet Advantage announced a number of key corporate milestones achieved during the last 12 months that continued to demonstrate the company’s staunch dedication and commitment to client service excellence in an ongoing period of economic uncertainty... Read Story

Sudhir Amembal, Chairman & CEO of Amembal & Halladay, will be conducting a free webinar on February 13 at 9 a.m. PT, 10 a.m. MT, 11 a.m. CT and 12 p.m. ET. The webinar is an extract from Amembal & Halladay’s flagship seminar attended by over 35,000... Read Story

GreatAmerica Financial Services Corporation announced it has closed on its 24th term securitization in $655,260,000 of privately placed bonds. S&P and Fitch rated 93.4 percent of the bonds in the transaction as AAA, unchanged from the prior seven... Read Story

Amur Equipment Finance, Inc. announced the completion of its 13th term securitization, in which it issued $406.3 million in notes secured by equipment loans and leases originated through its platform. Over 50 unique investors participated in this... Read Story

Assurant, Inc., a global business services company that supports, protects, and connects major consumer purchases like automobiles, as well as commercial equipment, announced a comprehensive new finance and insurance (F&I) sales training, the... Read Story

Blue Bridge Financial closed a one-year extension of its $135 million revolving credit facility with DZ BANK.Hannah Phearsdorf, SVP of Finance & Accounting of Blue Bridge commented, "DZ BANK has been a great partner for the Company over the past five... Read Story

Regents Capital, a provider of equipment leasing and financing solutions, announced the celebration of its 10th anniversary. Over the past decade, Regents Capital has established itself as a trusted partner in providing innovative and flexible... Read Story

GreatAmerica Financial Services announced its Employee Advised Fund completed its $500,000 annual pledge to the community by awarding $250,000 to non-profits in the Cedar Rapids area. It was the second of two giving cycles in 2023. GreatAmerica also... Read Story

MidFirst Business Credit (MFBC) announced it recently provided a working capital facility to Custom Equipment, LLC. Headquartered in West Bend, WI, Custom designs and manufacturers highly versatile scissor lifts that due to their unique agility, size... Read Story

National Funding is celebrating its 25th anniversary on January 27. It has provided over $4.5 billion in working capital and equipment leasing for SMBs nationwide.Ready to take on the traditional lending practices that made it difficult for small... Read Story

LTi Technology Solutions announced 2024 marks its 35-year anniversary. As LTi marks this significant milestone, Randy Haug, EVP/Co-Founder, reflected on the remarkable 35-year journey and looked back on the collective achievements that have propelled... Read Story

Varilease Finance, Inc. (dba VFI Corporate Finance), a finance firm that has specialized in equipment and project financing for decades, announced the closing of its second asset-backed securitization in the fourth quarter of 2023. This most recent... Read Story

Aequum Capital Financial LLC announced it closed $7,100,000 in credit facilities to support Kepler Capital's acquisition of a dominant regional heavy-duty commercial vehicle towing company. The credit facilities included a working capital revolver... Read Story

The Equipment Finance Cares Southern California event, hosted by Blue Street Capital, will be held on Tuesday, Feb. 20 from 1:30 p.m.-7 p.m. at Blue Street Capital’s headquarters in Huntington Beach, CA.“Equipment Finance Cares is excited to come... Read Story

Chesswood Group Limited announced it has initiated a review of strategic alternatives to maximize shareholder value. Chesswood is a North American specialty finance company providing commercial equipment leases and loans, automotive loans, home... Read Story

Syndifi Inc., a cloud-based syndication software provider tailored for the equipment finance Industry, announced Meridian OneCap Credit Corp. (One Cap), a provider of commercial equipment finance and leasing solutions for equipment dealers and end... Read Story

Northteq, Inc., a provider of Salesforce loan origination solutions, announced a range of new features and enhancements in its January Product Release. This release focuses on making operations smoother, expanding financial product options, and... Read Story

Alfa has announced the introduction of Total Originations for the U.S. auto finance market, setting a new standard for excellence and marking a significant milestone for efficiency and sophistication in auto finance software solutions.Total... Read Story

MMP Capital, a Long Island, NY-based equipment financing firm, announced record-breaking success in 2023. The company has grown with over $44 million in originations for December and $110 million in Q4 alone, giving way to a record year in 2023... Read Story

Commercial Capital Company, a provider of capital equipment financing to businesses and equipment vendors, announced it has exceeded its 2023 goal of $165 million in annual equipment cost financed.“Our goal is to ensure that Commercial Capital is a... Read Story

EPC, Inc., a subsidiary of CSI Leasing, Inc. and one of the world’s largest IT asset disposition (ITAD) providers, has expanded its footprint in the Southeast to accommodate its growing service offering.The company consolidated operations from its 64... Read Story

Verdant Commercial Capital recently completed the funding of the last of a portfolio of solar projects which were launched by EDPR NA Distributed Generation (EDPR NA DG) in a series of sale-leaseback transactions for distributed generation solar... Read Story

Full Skope, a loan origination technology company, formed a collaboration with 360 Equipment Finance, with the agreement between the organizations resulting in the launch of 360 Equipment Finance’s next-generation loan origination platform: SkopeLend... Read Story

Equipment Finance Cares (EF Cares) announced dates and locations for its 2024 events.“EF Cares continues to focus on the human side of the equipment finance industry,” said Jesse Johnson, President of Consult Disrupt and Founder of Equipment Finance... Read Story

North Mill Equipment Finance raised $20,000 in charitable contributions through the holiday season.  The proceeds will be distributed to Future 5, a platform that supports under-resourced high school students in Stamford, Connecticut, and Lucky Dog... Read Story

Equipment Finance Cares, a non-profit organization dedicated to supporting the equipment finance industry, announced the appointment of new advisory council members, reinforcing its commitment to driving positive change within the industry.New... Read Story

Commercial Credit Group Inc. (CCG), an independent commercial equipment finance company, announced the launch of a branded fuel card. Offered through a partnership with TransConnect Services (TCS), a leader in the fuel card industry, the card... Read Story

Sterling Infrastructure requested and received an amendment to its 2019 credit agreement that extends the maturity of the credit facility by 18-months to April of 2026.The size, economics and covenants of the amended credit agreement are... Read Story

With shipments totaling 68.5 million units in the third quarter of 2023, the global PC market managed to outperform expectations. But that volume was still down 7.2 percent compared to the same quarter in 2022, according to the International Data... Read Story

First Federal Bank announced the success of its 2023 First Federal Way campaign, which received contributions of $50,430 from employees. With the bank's match, a total of $100,900 is being donated to local non-profit agencies who make a significant... Read Story

First Business Bank announced it was selected as Winner in the category of Business Bank in the IB Executive Choice Awards. The IB Executive Choice Awards honor local business excellence in 38 business categories. Winners and finalists are selected... Read Story

Trinity Capital Inc., a provider of diversified financial solutions to growth-stage companies, announced the expansion of its Phoenix, AZ headquarters, reaffirming Trinity's longstanding commitment to the region as it continues to scale its... Read Story

Assurant, Inc., a global business services company that supports, protects, and connects major consumer purchases, as well as commercial equipment, announced EPG Insurance, which Assurant acquired in 2020, will be rebranded as Assurant Commercial... Read Story

Rinaldi Advisory Services announced a philanthropic partnership with MedShare. MedShare is a 501c(3) humanitarian aid organization dedicated to improving the quality of life of people, communities, and our planet by sourcing and directly delivering... Read Story

Leasepath, a software provider of commercial equipment finance platform technology, announced Apex Commercial Capital has successfully gone live with Leasepath Enterprise, the cloud-first equipment finance lifecycle platform powered by Microsoft... Read Story

Mitsubishi HC Capital America announced it has partnered with 954 Consultants LLC to provide a comprehensive supply chain financing solution to support their rapid expansion in the commercial and government sectors.Headquartered in Florida, 954... Read Story

LTi Technology Solutions (LTi), providers of lease and loan cloud technology to equipment and asset finance companies, announced they have donated over $6,500 to local Youth Emergency Services & the Love Life Now Foundation. Every year, LTi picks a... Read Story

Michael Doyle, Vice President – Asset-Based Lending at First Business Specialty Finance, LLC, a subsidiary of First Business Bank, announced a recently closed and funded $10,000,000 revolving line of credit and equipment term loan for the acquisition... Read Story

Fleet Advantage announced it has won the 2023 World Finance Innovation Award in the category of the “Most Innovative Company in the Transportation Industry.” This recognition underscores Fleet Advantage's commitment to and progress in revolutionizing... Read Story

First Citizens Bank announced CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management, LLC, provided $85 million in financing to CVB Inc.Founded in 2003, CVB is the parent company to a leading mattress, bedding and... Read Story

F.N.B. Corporation and its banking subsidiary, First National Bank, continue to achieve regional and national honors as a workplace of choice. 2023 marks the second consecutive year that FNB has garnered Top Workplace designations in Charlotte, NC... Read Story

In the records of technological progress, change has always been a constant. However, recent years have witnessed an acceleration, marked by the confluence of three transformative phenomena: the rise of Generation Z, the electrification of vehicles... Read Story

As the transition to electric vehicles (EVs) continues, industry experts at Mitsubishi HC Capital America expect the pace of adoption to pick up in 2024, all while continued challenges and changes in regulation, labor and the incentive, rebate and... Read Story

Dext Capital, known for its expertise in healthcare equipment financing plans is expanding into a group of diverse industries. This strategic move reflects Dext Capital's commitment to extend its support beyond the healthcare sector leveraging its... Read Story

First Business Bank’s Floorplan Financing funded a $22 million inventory floorplan line of credit for a large independent car dealership in Texas.The new client, a family-run business, was impressed by the Floorplan Financing team's response time and... Read Story

Fleet Advantage announced it has been recognized as a top five overall winner of Food Logistics and Supply & Demand Chain Executive’s 2023 Top Software & Technology Providers Award for the tenth straight year. As the supply chain software and... Read Story

In the first of six releases that make up Alfa Systems 6, leading-edge technology meets user-centric innovation to enhance efficiency across the enterprise.Alfa, a leader in asset finance technology solutions, announced the first of six releases in... Read Story

The RSM US Middle Market Business Index (MMBI), presented by RSM US LLP (RSM) in partnership with the U.S. Chamber of Commerce, increased to 132.9 in the fourth quarter from 129.6 in the previous quarter on a seasonally adjusted basis. The MMBI... Read Story

Jupiter Financial, a provider of commercial equipment financing solutions, announced its strategic rebranding as Jupiter Equipment Finance. This rebranding reflects the company’s unwavering commitment to providing top-tier equipment financing... Read Story

First Citizens Bank announced its Middle Market Banking business provided $10 million in financing to FitLife Brands Inc., a provider of innovative and proprietary nutritional supplements and wellness products, for the strategic acquisition of the... Read Story

TopMark Funding, a funding destination for commercial vehicle dealerships and small to midsize fleets, closed the third quarter of 2023 with a slight increase in the total number of funded transactions from the previous quarter and 8.6 percent... Read Story

LTi Technology Solutions (LTi), providing a lease and loan cloud platform to equipment finance companies, announced that Triangle Equipment Finance is live on LTi’s ASPIRE Express platform. Triangle was in the search of a software provider that would... Read Story

Solifi announced that Kristie Kosobuski, Solifi’s Senior Director of Product Management, has been recognized as one of the Top 50 Women in Equipment Finance by Monitor. “Kristie has always demonstrated a genuine passion for both the equipment finance... Read Story

First Citizens Bank announced CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management LLC, served as administrative agent on a $75 million revolving credit facility for Stella & Chewy's LLC.Headquartered in Oak Creek, WI... Read Story

Corcentric, a global provider of procurement and finance solutions, and International Motorcoach Group (IMG), a motorcoach operator network in North America, announced IMG’s collective procurement spend through Corcentric’s Fleet Procurement Services... Read Story

On the close of a year filled with economic recovery, fluctuation and uncertainty, Mitsubishi HC Capital America, the largest non-bank, non-captive finance provider in North America, is identifying five trends that are likely to play a significant... Read Story

QuickFi is honored to win the 2023 Banking Tech Awards– Best Embedded Finance System at the London based Banking Technology Awards.  The Banking Technology Awards recognize companies that make an impact with their innovative solutions, exceptional... Read Story

Ryder System, Inc., announced the company’s annual United Way workplace campaign contributions for 2023 totaled $1.1 million—setting another record in the company’s more than 40-year history supporting United Way. The 2023 donation includes employee... Read Story

Yieldstreet, a private markets investing platform, and Garrington Capital US Corp. (Garrington), a provider of capital solutions to small- and mid-sized enterprises in the United States and Canada, announce a new joint venture focused on... Read Story

Liventus, with its unwavering commitment to supporting rare disease research, was honored to be part of the successful 2023 Venture Into Cures event by EB Research Partnership. Liventus was a champion sponsor of the event under the leadership of... Read Story

Northteq, Inc., a provider of Salesforce loan origination solutions and equipment finance software, announced a stock purchase investment from Arthur Ventures, a Minnesota-based venture capital firm specializing in growing B2B software companies. The... Read Story

Wells Fargo announced its formal plans to expand its Hudson Yards office footprint and create a better, more collaborative employee experience with the purchase of additional space at Hudson Yards. This transaction represents a significant investment... Read Story

DLL, a global financial provider, and Willerby, the UK's premier manufacturer of holiday homes, announced a partnership aimed at driving sustainability and innovation in the holiday home industry.Willerby has solidified its reputation as the go-to... Read Story

This GivingTuesday, Crossroads Equipment Lease and Finance will once again inspire generosity throughout its organization by matching its employee donations up to $1,500 to the charity of their choice.GivingTuesday is a global generosity movement... Read Story

Equipment Finance Cares (EF Cares) held its fifth event of 2023 in Scottsdale, AZ. Over 40 equipment finance professionals attended, representing 24 different organizations.“Thank you Ascentium Capital for hosting our final event of 2024,” said Jesse... Read Story

Blue Bird Corporation, the leader in electric and low-emission school buses, announced that on Nov. 17, 2023 the Company completed the refinancing of its credit facilities and entered into a new five-year credit agreement with a syndicate of... Read Story

Phoenix Management, a part of J.S. Held “Lending Climate in America” third quarter survey results reveals increased optimism in the economy despite some contradicting underlying factors.Phoenix’s Q3 2023 “Lending Climate in America” survey asked... Read Story

Valley National Bank, the wholly-owned subsidiary of Valley National Bancorp, closed a $130 million senior revolving credit facility to Access Capital, a commercial lender to the staffing industry. The three year facility includes a $30 million... Read Story

Revolv, a full-service provider of electric commercial fleets, announced it has raised $25 million in equity project financing to fund the deployment of fleet electrification projects in the United States. Made possible by a commitment from... Read Story

Sudhir Amembal, an affiliate of Rinaldi Advisory Services and CEO of Amembal & Halladay, conducted a webinar on Nov. 14 entitled, "The 30 Extraordinary Benefits of Leasing!"  The one-hour webinar attracted a diverse group of attendees, which included... Read Story

PEAC Solutions, a multi-national asset finance platform, received the 2023 “Distribution Channel Management Champion” Award from Leasing Life, one of the top leasing industry journals in Europe, during the Leasing Life Conference & Awards in Budapest... Read Story

Leasepath, the software provider of commercial equipment finance platform technology, announced RayTech Servicing, a provider of outsourcing and asset management solutions for the equipment, vehicle and renewable energy finance industries, has... Read Story

DLL received the 2023 Circular Economy Model Award from Leasing Life, one of the top leasing industry journals in Europe, during the 20th Leasing Life Conference & Awards event in Budapest, Hungary.Current market trends show a transition from... Read Story

MMP Capital, an equipment finance company based on Long Island, NY, has kicked off Q4 with an impressive $38.5 million in originations for the month of October. This comes after a successful third quarter of sales where the company noted a solid 12... Read Story

South End Capital, a division of Stearns Bank N.A. reported robust equipment financing activities for the month of October.Key October Funding Highlights:Number of Financings: 658Total Financings: $46 millionSouth End Capital's customized term and... Read Story

Broad Fit Financial, a provider of financing solutions for the health, wellness, sports and fitness industries, has been certified by the Women’s Business Enterprise National Council (WBENC) as a Women’s Business Enterprise (WBE). The WBENC... Read Story

Inovatec Systems, a provider of cloud-based software solutions for lenders, announced it has successfully completed the SOC 1 and SOC 2 financial reporting and compliance examinations, in compliance with industry-wide data privacy and information... Read Story

Wolters Kluwer announced new analysis from its Equipment Lease Finance Digital Transformation Index, a key resource that tracks the rate at which equipment lessors and service providers are seeing growth in the evolution from paper-based finance back... Read Story

Amur Equipment Finance, Inc. (Amur) announced the completion of its strongest October originations performance and one of its strongest origination months in company history.“Our exciting results are a product of the incredible collective effort of... Read Story

Loeb's clients continue to prosper thanks to its commitment to support companies in transitional financial states. In Q3 of 2023 alone, Loeb funded more than $12 million in machinery and equipment term loans. By extracting working capital from their... Read Story

Meridian Leasing announces the launch of TrueFlex Finance, a family of offerings that provide complete flexibility for equipment financing.TrueFlex Finance is made up of six distinct and powerful products. Through any combination of these products... Read Story

Nations Capital (NCI), a Gordon Brothers company and an asset management and advisory firm focused on opportunistic investments and asset remarketing, together with Ritchie Bros. Auctioneers (Ritchie Bros.) have received bankruptcy court approval to... Read Story

Trailcon Leasing Inc., a provider of trailer leasing, rental and maintenance services, announced the grand opening of its latest facility in Balzac, AB.This new location showcases designated trailer parking spots, multiple service bays, and mobile... Read Story

Solifi, a global fintech software partner for secured finance, announced the latest product releases for Solifi Originations ROS and Portfolio Management ILS for equipment finance. The new software releases bring significant new value to equipment... Read Story

Equipment finance consulting firm TomorrowZone and Tamarack Technology, Inc., have entered into a strategic partnership to collaborate on programs and initiatives that advance innovation and the adoption of new technology with customers in the... Read Story

The Equipment Finance Cares event, hosted by Ascentium Capital, will be held on Wednesday, Nov.15 from 1:30 p.m.-7 p.m. in Scottsdale, AZ.“Equipment Finance Cares is excited to bring our platform to Phoenix,” said Jesse Johnson, President of Consult... Read Story

Chesswood Group Limited, a specialty finance company with 40 years of experience in the commercial equipment finance market, and Wafra Inc., a global alternative investment firm, announced an agreement forming a joint venture partnership between... Read Story

Sudhir Amembal, Chairman & CEO of Amembal & Halladay, will be conducting a free webinar on Nov. 14 at 9 a.m. PT, 10 a.m. MT, 11 a.m. CT and 12 p.m. ET. The webinar is entitled "The 30 Extraordinary Benefits of Leasing!".The approximately 60-minute... Read Story

Five business leaders were honored for their contributions to the global economy when they were inducted into Arizona State University's W. P. Carey School of Business Alumni Hall of Fame. The inductees included Midland Equipment Finance President... Read Story

Solifi, a global fintech software partner for secured finance, announced the latest product enhancements for Solifi ABL. The releases include several new features aimed at improving efficiency through automation, reporting, and customer... Read Story

Inc. Business Media announced the second annual Power Partner Awards, honoring B2B organizations across the globe that have proven track records supporting entrepreneurs and helping startups grow. The list recognizes 389 firms in marketing and... Read Story

Inovatec Systems, a provider of industry-leading cloud-based software solutions for lenders, announced it has partnered with Pllenty, a PCI-compliant provider of embedded payments and workflow solutions. Through this relationship, Inovatec will offer... Read Story

Sumitomo Mitsui Banking Corporation (SMBC), a member of SMBC Group, announced the opening of a representative office in Washington, DC to deepen ties with key stakeholders in the nation’s capital as the bank continues to expand its support of the U.S... Read Story

Rising real interest rates are pushing up the cost of commercial and industrial loans, making it harder for middle-market businesses to meet payrolls and finance their expansion, according to the RSM US Middle Market Business Index (MMBI) Funding... Read Story

LTi Technology Solutions (LTi), providers of lease and loan cloud technology to equipment and asset finance companies, announced a technology partnership with Capteris Capital, working together for a shared commitment to their digital transformation... Read Story

Dext Capital announces it has achieved $1 billion in new originations over its first five years of business operations.The milestone underscores Dext Capital’s reputation as a reliable direct lender providing expert, flexible financing solutions to... Read Story

Crossroads Equipment Lease and Finance announced a new partnership with TruckTractorTrail.com (TTT), an online marketplace designed to connect buyers and sellers of commercial transportation equipment.This strategic collaboration represents a growth... Read Story

Clarus Capital announced it completed an add-on to an existing equipment lease facility for a multi- sponsor backed specialty logistics services provider. Incremental proceeds from the lease facility, now totaling $40 million, will continue to... Read Story

Capteris LLC announced the closing of a $15 million term loan with a major North American logistics solutions provider. The loan was part of a larger refinancing package by which Capteris was able to provide an attractive debt solution that allowed... Read Story

Verdant Commercial Capital announced the company has surpassed $2 billion in equipment financing originations since the company’s inception in 2017. This milestone means the company has reached its second billion in half the time it took to reach its... Read Story

Cohn & Dussi, a full-service law firm with its principal office in Boston, has been named to the Great Places to Work list by The Secured Lender for the second year in a row.The Secured Lender is published by SFNet, an industry organization that... Read Story

CWB Financial Group (CWB) announced it will move its national headquarters to Manulife Place in downtown Edmonton. Renovations will take place in the award-winning tower and will include naming rights and crown signage for CWB.CWB selected the former... Read Story

Tamarack Technology has collaborated with Rinaldi Advisory Services (RAS) to launch Executive Advisory Insight Reports (ExecutiveAIR). The combination of Tamarack’s business intelligence and AI product suite with RAS’ unique analysis tools provides a... Read Story

Leasepath, the cloud-first Equipment Finance lifecycle platform powered by Microsoft Dynamics 365 and the Power Platform, announced it has entered into a strategic engagement with Great American Insurance Group’s Specialty Equipment Division, a... Read Story

First Citizens Bank announced its CIT Commercial Services subsidiary, a national leader in factoring, credit protection and accounts receivable management solutions, recently closed three major client financing transactions.CIT Commercial Services... Read Story

Trnsact Inc., a software platform in the commercial equipment finance industry, announced the company has processed over $1 billion transaction requests on its Software-as-a-Service platform.Trnsact platform enables thousands of on-road and off-road... Read Story

Maxim Commercial Capital announced robust demand across its diverse financing programs for the third quarter of 2023. The hard asset secured lender reported a 100 percent year-over-year increase in truck financings for the period. Furthermore, it... Read Story

Inovatec Systems, a provider of industry-leading cloud-based software solutions for lenders, announced it will exhibit its loan origination, loan management, and customer-direct portal solutions at the Auto Finance Summit 2023. A premier event for... Read Story

Alfa announced the upcoming launch of Alfa Systems 6 - a breakthrough iteration of its software platform.Delivered in a series of releases over the coming year, Alfa Systems 6 introduces significant performance and functional enhancements, with a... Read Story

Notes issued by Commercial Equipment Finance 2021-A, LLC, the securitization affiliate of Commercial Equipment Finance, Inc (CEFI), were upgraded by DBRS, Inc. (DBRS Morningstar) as follows: Class A Notes upgraded to AAA (sf) from AA (high)... Read Story

Equify Financial announced the successful closing of its latest securitization, EQFY 2023-1. The total value of the securitization reached an impressive $157,991,000 in large ticket equipment notes.Through the guidance of, ATLAS SP PARTNERS, Equify... Read Story

Ivory Consulting proudly celebrates its 40th anniversary as a pioneer in the equipment finance industry. Over the last four decades, Ivory Consulting has transformed into the industry’s premier provider for equipment lease and loan pricing, portfolio... Read Story

KBRA assigns preliminary ratings to four classes of notes issued by VFI ABS 2023-1, LLC (VFI 2023-1), an equipment ABS transaction.Varilease Finance (VFI or the Company), founded in 2001 and headquartered in Salt Lake City, Utah, is an independent... Read Story

Global consulting firm J.S. Held announced expanded corporate finance and investment banking expertise with the acquisition of Phoenix Management, providing operationally focused turnaround, transaction, strategic growth investor services, and... Read Story

Auxilior Capital Partners was named the third-fastest growing company in Greater Philadelphia last week as part of the Philadelphia Business Journal's annual Soaring 76 list, which identifies the 76 fastest-growing companies in the region.Auxilior... Read Story

Solifi announced The Secured Lender named Solifi on its 2023 Great Places to Work list. This recognition is testament to Solifi’s commitment to attract and retain talent by offering an employee value proposition that includes opportunities to learn... Read Story

Alfa announced the fifth and final installment in its Innovation in Implementation series. Establishing Winning Frameworks and Teams explores the indispensable role of people in mitigating the risks associated with large and complex technology... Read Story

Cummins announced the election of Daniel W. Fisher to its Board of Directors.Fisher is the Chairman and Chief Executive Officer of Ball Corporation, where he has spent the last 13 years of his career. Prior to becoming CEO, Fisher served as President... Read Story

CSC has been awarded a Top Workplaces 2023 honor for the 17th consecutive year by The News Journal. This honor makes CSC the oldest, continuous Top Workplace in the United States and the only 17-time winner. The list is based solely on anonymous... Read Story

Versana has surpassed a key milestone of more than 1,500 syndicated loan facilities and approximately $900 billion in global loan commitments on its transformative, real-time digital data platform in less than a year since its product launch.The... Read Story

ACME Credit Partners, a newly launched New York-based credit-focused investment firm, will provide creative liquidity solutions to the lower middle market.ACME Credit Partners is led by Peter Eschmann and Jay Rogers — both former Managing Directors... Read Story

Bloomberg reported private debt defaults will reach 5% by early 2024 as portfolios see an estimated one-third of deals come due in the next two-and-a-half years, according to a new report from Bank of America credit strategists Neha Khoda and Dong Ba... Read Story

Digital transformation can affect all aspects of a business, and middle market firms are taking it seriously, according to the RSM US Middle Market Business Index (MMBI) Digital Transformation Special Report, presented by RSM US LLP ("RSM") in... Read Story

Wolters Kluwer Finance, Risk & Regulatory Reporting (FRR), part of Wolters Kluwer’s Corporate Performance and ESG (CP & ESG) division, will showcase the capabilities to meet Capital Requirements Regulation (CRR) III and Basel IV requirements at its... Read Story

Ivory Consulting Corporation announced that Redaptive Capital has selected SuperTRUMP Web. Redaptive Capital, renowned for its innovative Energy-as-a-Service offerings and expertise in crafting flexible capital solutions, empowers global... Read Story

QuickFi is a finalist in two categories in the London-based 2023 Banking Technology Awards: Best Embedded Finance System & Best Digital Solution Provider - LendTech. QuickFi was recognized as a Best Embedded Finance System used by banks and OEMs as... Read Story

OpsHub helped CSI Leasing transition smoothly from their 2018 version of TFS to the 2020 Azure DevOps Server version. The migration was executed with no disruptions, ensuring a smooth cut-over and full preservation of historical data.As companies... Read Story

Solifi, a global fintech software partner for secured finance, announced the latest product enhancements for its wholesale finance solution. The 2023 releases include several new features designed to provide North American customers with an enhanced... Read Story

Leasepath, a leading software provider specializing in Commercial Equipment Finance Origination software, announced the general availability of Leasepath Enterprise, the cloud-first equipment finance lifecycle management platform powered by Microsoft... Read Story

The law firm of Moritt Hock & Hamroff has been recognized as one of Long Island Business News' Inaugural 2023 Empowering Women Honorees for its commitment to the growth and advancement of women, cultivation of diverse and inclusive communities and... Read Story

Fleet Advantage unveiled its new logo, visual identity including a new corporate video, and a new tagline, “Asset Management Reimagined,” marking a significant milestone in the company’s evolution. The company’s refreshed identity is a celebration of... Read Story

U.S. corporate finance leaders have firmly pivoted their focus from revenue growth to cost control as they navigate through an uncertain economic environment and rapidly changing business landscape, according to the 2023 U.S. Bank CFO Insights Report... Read Story

Syndifi announced its newest partnership with First Business Specialty Finance, a wholly owned subsidiary of First Business Bank. First Business Specialty Finance will use Syndifi’s platform to digitize their overall loan syndication processes and... Read Story

Velocity Equipment Finance, an operating division of TransPecos Banks, SSB, has entered into a strategic funding agreement with Targeted Lending Co., LLC.With the financial strength of Velocity’s innovative, bank-owned platform, the agreement will... Read Story

Confidence in the asset-based lending market in the second quarter was driven by hopes of a soft landing for the U.S. economy, according to data released by the Secured Finance Network. But lingering headwinds and recession risks still must be taken... Read Story

The law firm of Moritt Hock & Hamroff announced that Terese Arenth, Leslie Berkoff, Ted Berkowitz, Michael Cardello,  James Chou, David Cohen, Robert Cohen, Theresa Driscoll, Andrew Eckstein, David Fitzhenry, Robert Fryman, Julia Gavrilov, Stephen... Read Story

Patricia Voorhees, a director with The Alta Group, will lead a panel discussion on the rapidly developing climate finance market at the Equipment Leasing and Finance Association’s 62ndannual convention here Oct. 22-24.  Climate-focused equipment is... Read Story

Alfa, provider of Alfa Systems, has received validation for its science-based targets and reaffirmed its commitment to achieve net-zero emissions by 2030. The Science Based Targets initiative (SBTi) validated Alfa’s submission via the SME route... Read Story

Liventus announced its spot at number 35 in the prestigious Crain's Best Places to Work in Chicago 2023 list. This recognition by Crain’s Chicago Business, a premier and trusted source for regional business insights, underscores Liventus’ thriving... Read Story

North Mill Equipment Finance LLC (NMEF), an independent commercial equipment lender located in Norwalk, CT, announced the closing of its seventh asset backed securitization (ABS), NMEF Funding 2023-A. The $456 million transaction is NMEF’s first ABS... Read Story

LeasePoint Funding Group, a fintech company specializing in equipment financing, announced its recent recognitions on business growth lists. The company ranked No. 180 on the Inc. 5000 list of the fastest-growing businesses in the nation. This... Read Story

Equipment Finance Cares (EF Cares) held its fourth event of 2023 this last week in Chicago, IL. Over 50 equipment finance professionals attended, representing 33 different organizations. “The Syndifi team was an amazing host to our first EF Cares... Read Story

Equipment Depot, America's largest independently operated material handling and equipment rental source, announced it is on track to meet its aggressive financial growth goal: to reach a billion dollars in revenue within five years.In 2020, Equipment... Read Story

XS Financial Inc., a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the United States, announced it has entered into a $15 million line of credit (Credit Facility) with bank lenders. Loans made... Read Story

HP announced two new finance partner endorsements aimed at equipping U.S. channel partners and customers with innovative, flexible payment solutions for the small and mid-sized business (SMB) segment. These endorsements include LEAF Commercial... Read Story

Fleet Advantage announced Chief Marketing Officer Katerina Jones, Marketing Manager Elizabeth Gomez and Marketing Assistant Tracy Derival were recipients of the Food Logistics and Supply & Demand Chain Executive 2023 Women in Supply Chain Award.Food... Read Story

EquipmentShare.com Inc, one of the fastest growing integrated equipment rental and equipment asset management companies in the United States, announced its intention to offer, in a private offering, subject to market and other conditions, an... Read Story

Visa released its first-ever 2023-2024 Growth Corporates Working Capital Index (WCI). The study surveyed CFOs and treasurers of growth corporates, organizations that have unique needs and capabilities but often fall through the cracks between small... Read Story