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

Friendly Hills Bancorp, the holding company for First Pacific Bank (the Bank) announced it has completed its corporate rebranding and officially changed its name to First Pacific Bancorp. The name of the company’s wholly owned subsidiary was changed... Read Story

Alfa, the makers of Alfa Systems, has announced new functionality to help its customers track and report their portfolios’ Scope 3 greenhouse gas emissions.A complementary add-on for current and prospective Alfa customers, Scope 3 Reporting in Alfa... Read Story

Xerox Holdings Corporation and PEAC Solutions have expanded their partnership for the provision of certain leasing and financial services programs to Xerox’s FITTLE network of independent dealers and resellers.The FITTLE business and Xerox Financial... Read Story

Great American Insurance Group Specialty Equipment Division and TrustLayer announce the launch of a real-time tracking solution for the equipment finance industry. This enhances the API-driven coverage solutions that Great American Specialty... Read Story

Assurant, Inc., a global business services company that supports, protects and connects major consumer purchases as well as commercial equipment, has been recognized on the TIME list of World’s Best Companies 2023. This prestigious award is presented... Read Story

First Business Bank’s Floorplan Financing team announced it funded a $6 million inventory floorplan line of credit for a thriving Virginia-based independent car dealership, the largest in their respective market.First Business Bank’s Floorplan... Read Story

Xactus, a provider of business data and intelligent insights to the equipment leasing/finance industry, announced it is now offering credit reports from PayNet, powered by Equifax.PayNet provides data on small and medium-sized businesses through its... Read Story

QuickFi won the 2023 Finovate Awards – Best Embedded Finance Solution by Finovate, a global fintech event series and digital engagement platform. QuickFi was also selected as a finalist for Best Financial Mobile App.The awards presented at Finovate... Read Story

CSI Renting de Tecnología S.A.U., a wholly owned subsidiary of CSI Leasing, Inc., announced it has opened EPC Global Solutions Spain S.L., a specialized IT Asset Disposition (ITAD) facility focused on the refurbishment and remarketing of used IT... Read Story

Northteq, Inc., a provider of Salesforce loan origination solutions, announced upgrades to its Aurora platform. Embracing AI technology and user-centric design, these updates once again emphasize Northteq's commitment to driving fintech forward in... Read Story

Fortune and Great Place to Work have honored First American Equipment Finance as one of the 2023 Best Workplaces in Financial Services & Insurance (under 1,000 FTE). This is First American’s seventh time being named to this nationwide list, this year... Read Story

Solifi, a global fintech software partner for secured finance firms, announced it was named among the top 100 on the 2023 IDC FinTech Rankings. The 20th annual vendor ranking recognizes the world’s top 100 leading hardware, software, and service... Read Story

U.S. veterans launched the Wounded Warrior Project in the aftermath of terrorist attacks against the nation on September 11, 2001 and military actions that followed. Their goal: to honor and empower wounded military personnel. In preparation for... Read Story

PNC's latest semi-annual survey of small and mid-sized businesses, which concluded Aug. 9, shows that business owner optimism about the outlook for their own business in the next six months has reached a 21-year high amid strong expectations for... Read Story

First Horizon Corp. earned its place on the Forbes list of Best-in-State Employers 2023. This recognition is presented by Forbes and Statista Inc.America's Best-in-State Employers 2023 were identified based on 2.1 million employer recommendations... Read Story

Insight Financial Services (IFS), a division of Insight Investments, LLC, announced it has achieved its eighth consecutive completion and recertification of the Service Organization Control (SOC) 1 Type 2 Audit.The latest audit verifies that IFS’... Read Story

Solifi, a global fintech software partner for secured finance, announced Access Capital, a privately owned asset-based lending firm based in New York City, has upgraded from its on-premise system to Solifi ABL on Open Finance Platform. In addition to... Read Story

Inovatec Systems, a provider of cloud-based software solutions for lenders, announced it has created a relationship with VeriFast, a provider of AI-driven verification and authentication solutions, to offer accurate and secure identification and... Read Story

Hyster-Yale Group (HYG), a wholly owned operating subsidiary of Hyster-Yale Materials Handling, Inc., has expanded its partnership with DLL, a global vendor finance company, into Canada to support its independent dealer network with financial... Read Story

Commercial Credit, Inc., parent company of Commercial Credit Group Inc., Commercial Funding Inc., and Keystone Equipment Finance Corp., has been named to the Business North Carolina Mid-Market Fast 40 List for the 11th time. To qualify, a company... Read Story

Evan Wilkoff announced the relaunch of Hembstead Capital LLC, a strategic advisory firm based in Charlotte, NC.Hembstead Capital, LLC is a boutique strategic advisory firm providing capital markets and financing expertise to the Specialty Finance... Read Story

Tamarack Technology, Inc., a provider of business intelligence and artificial intelligence (AI)-based automation products and software integration services, has entered into a strategic partnership with the renowned equipment finance consulting firm... Read Story

Channel announced the company has earned a place on the Inc. 5000 annual list of the fastest-growing private companies in America for an 11th consecutive year. The prestigious ranking provides a data-driven look at the most successful companies... Read Story

The Equipment Finance Cares Chicago event, hosted by Syndifi, will be held on Tuesday, Sept. 19 from 1:30 p.m.-7 p.m. at the University Club of Chicago. “Equipment Finance Cares is excited to bring our platform to Chicago,” said Jesse Johnson... Read Story

First Horizon Corporation announced Chairman, President and Chief Executive Officer Bryan Jordan will participate at the Barclays Global Financial Services Conference on Sept. 12, at 9 a.m. ET.A live webcast of the event along with an audio replay... Read Story

North Mill Equipment Finance LLC (NMEF), an independent commercial equipment lender headquartered in Norwalk, CT, announced the company joined the prestigious Inc. 5000 annual list of fastest growing private businesses in the US. A first-time honoree... Read Story

Inc. revealed Leasepath ranks in the top half of the 2023 Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most... Read Story

Alfa, a provider of software for the asset finance industry, announced the completion of the Amazon Web Services (AWS) Foundational Technical Review (FTR) for Alfa Cloud, its single-tenant Software-as-a-Service product, and subsequent acceptance into... Read Story

First Citizens Bank announced its CIT Commercial Services subsidiary has completed a $6.5 million credit facility with a California-based home furnishings and apparel importer.Under the agreement, CIT Commercial Services will also take the lead in... Read Story

LTi Technology Solutions (LTi) announced its ongoing technology partnership and collaboration with Modern Rail Capital (MRC), providing a technology transformation, moving from LTi’s LeasePlus to its cloud lease and loan technology platform – ASPIRE.... Read Story

PNC FIG Advisory, part of PNC Capital Markets LLC, announced an expansion to its client offerings through the introduction of PNC Asset Exchange, an online loan resource and marketplace for financial institutions. PNC Asset Exchange is powered by... Read Story

Inc. 5000 has announced its 2023 list of the fastest-growing private companies in America, and Oakmont Capital Services ranks No. 1622. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most... Read Story

SLIM Capital, headquartered in Beverly Hills, CA, announced its exceptional mid-year performance for the first half of 2023. This achievement is highlighted by substantial growth in both deal origination and funding. The company has achieved a... Read Story

Equipment Finance Cares (EF Cares) held its inaugural EF Cares Charity Golf Tournament last week at the Rockland Country Club in Sparkill, NY. Over 100 equipment finance professionals attended, representing 54 different organizations.“We were excited... Read Story

Hut 8 Mining Corp., a digital asset mining pioneer and high-performance computing infrastructure provider, announced it has entered into a transaction support agreement with Macquarie Equipment Finance Ltd., a subsidiary of Macquarie Group Limited... Read Story

Amerisource Business Capital closed and funded a $10,000,000 senior revolving credit facility and real estate term loan for a Florida-based green waste disposal company. The proceeds were used to refinance existing bank debt and to provide ongoing... Read Story

Gestalt Tech, a provider of out-of-the-box data warehousing solutions for lenders, announced it has partnered with Inovatec to give lenders using Inovatec Systems’s proven LOS and LMS solutions all the benefits of a complete data warehouse without... Read Story

DLL announced the launch of its new healthcare financing podcast, “The Pulse.” Lauren Baingo, a DLL Program Manager with expertise in the healthcare industry, will host the podcast and discuss topics impacting the world of healthcare finance and... Read Story

IOU Financial Inc. announced it has delivered a notice to North Mill Equipment Finance LLC ("NMEF") advising NMEF of its determination that the non-binding, indicative unsolicited proposal (the "NMEF Proposal") received from NMEF to acquire all of... Read Story

First Horizon Corp. has been recognized by Forbes Magazine as one of America's Best Large Employers. Forbes partnered with the market research firm Statista to compile a list of America's Best Large Employers. The ranking is based on a survey of... Read Story

Great American Insurance Group’s Specialty Equipment Division announced the availability of an embedded coverage solution to equipment finance companies using Salesforce. This technology makes insurance solutions available at any point in the leasing... Read Story

Solifi, a global fintech software partner for secured finance, announced Merchant West Group, a privately owned South African financial institution, has successfully upgraded to Solifi ABL on the Open Finance Platform.Merchant West Group was... Read Story

Twenty-five years ago, Robert Boehm and his sons Brett and Adam founded TBF Financial (TBF) with the goal of pioneering commercial debt buying in the equipment leasing industry. The company succeeded and now equipment finance businesses routinely... Read Story

Fleet Advantage announced significant achievements for its fiscal year ending June 30, with notable emphasis on continued growth resulting in over $1 billion in lease originations driven by continued innovation and despite a persistent difficult... Read Story

Leasepath, the cloud-first Intelligent Workplace platform for equipment finance Lease and Loan Origination (LOS) and Customer Engagement (CRM), announced the launch of two groundbreaking features. The company now offers Microsoft Copilot, a secure... Read Story

Michael Doyle, Vice President – Asset-Based Lending at First Business Specialty Finance, a subsidiary of First Business Bank, announced a recently closed and funded $11 million revolving line of credit, equipment term loan, and equipment CapEx line... Read Story

Wingspire Capital provided a senior credit facility to Sunland Asphalt & Construction, LLC  as part of a refinancing that includes growth capital for the provider of asphalt paving maintenance and repair services.Wingspire provided a revolver and... Read Story

Global vendor finance company DLL announced the closing of “DLLAA 2023-1,” a U.S. securitization transaction, issuing notes totaling $1 billion. The notes are backed by loans and leases secured with new and used agricultural equipment originated by... Read Story

Achieving an important milestone in its strategic plan to refocus on the company's core retirement, wealth and asset management businesses, TIAA has completed the sale of TIAA Bank to private investors with extensive experience in financial services.... Read Story

LTi Technology Solutions, a provider in equipment finance software solutions, announced its achievement of Veracode Verified Standard Status. The Veracode Verified program provides third-party validation of a company's secure software development... Read Story

Mitsubishi HC Capital America is setting record growth with its assignment financing programs.Assignment financing allows an OEM, manufacturer, reseller, or vendor to receive upfront cash payment for their customer’s as-a-service (aaS) contracts. The... Read Story

MMP Capital, a commercial financing company specializing in equipment financing, leasing and unsecured capital, has signed as a sponsor for SUSA, Long Island’s largest soccer academy with over 1,600 players, affiliate clubs and additional youth... Read Story

Progressive Capital Equipment Finance Inc. (Progressive Capital) announced its wholly owned subsidiary, Dynamic Capital Equipment Finance (Dynamic Capital), has secured a $55 million funding facility with Mitsubishi HC Capital Canada.Private... Read Story

Alfa, provider of Alfa Systems, the technology platform for auto and equipment finance, has reported an impressive haul for its customers at the 2023 Asset Finance Connect awards.Louise McIntosh, Head of Operations at United Trust Bank (UTB), picked... Read Story

Stonebriar Finance Holdings LLC announced DBRS Morningstar (DBRS) has upgraded Stonebriar’s and its related entities’ Long-Term Issuer and Senior Debt ratings from ‘BBB’ (low) to ‘BBB’ supported, in part, by Stonebriar’s resilient earnings capacity... Read Story

Liventus announced the launch of its highly anticipated podcast series, a go-to source for everything custom software development and tech industry-related. The podcast, titled LivByte, will feature engaging conversations with industry experts... Read Story

Tamarack Technology, Inc., a provider of artificial intelligence (AI)-based automation and business intelligence products and software integration services for the equipment finance industry, has joined the Salesforce Consulting Partner program. As a... Read Story

Honour Capital co-founders Brian Slipka and Shea Huston announced the company added 181 new clients in the first half of 2023.“The state of equipment financing in the first half of 2023 has been challenging,” said Slipka. “Many companies have... Read Story

First Citizens Bank announced its Hemp Business provided a $1 million working capital line of credit to RYJO, parent entity of The Georgia Hemp Company, to help finance a major new promotional initiative.The Georgia Hemp Company operates four... Read Story

First Business Bank’s Floorplan Financing team announced it funded a $3 million inventory floorplan line of credit for a growing independent car dealership in Florida.First Business Bank’s Floorplan Financing team offers independent car dealers the... Read Story

Key Equipment Finance, a division of KeyBank and one of the largest bank-based financial services companies in the nation, served as the lead arranger of a group syndication providing $177.5 million in financing for Pasha Hawaii’s second Liquefied... Read Story

QuickFi is a finalist in the New York-based 2023 Finovate Awards for two categories: Best Embedded Finance Solution & Financial Mobile App. Other finalists include Mastercard, Chime, BMO, Array, Citizens Bank and QuickFi. QuickFi is honored to be... Read Story

North Star Leasing, a division of Peoples Bank, has partnered with Tamarack Technology on the implementation of TrailView Customer Service Portal. An element of North Star Leasing’s commitment to improve the customer experience and streamline... Read Story

Fortune and Great Place to Work have honored First American Equipment Finance as one of the 2023 Best Workplaces for Millennials (under 1,000 FTE). This is First American’s seventh time being named to the nationwide list, this year coming in at No.... Read Story

Crossroads Equipment Lease and Finance, a provider of transportation financing solutions, announced the opening of a new office in Irving, TX. This latest development is part of Crossroads' strategic growth plan, aiming to strengthen its position in... Read Story

Maxim Commercial Capital reported nearly 300 percent more funded deals in the second quarter of 2023 than in the prior year’s period, despite broader economic headwinds and rising interest rates. To support this rapid growth, the hard-asset secured... Read Story

Odessa, a provider of technology solutions for asset finance, announced First Business Bank has selected Odessa’s suite of solutions to bolster its digital transformation journey. To support its equipment finance business, First Business Bank will... Read Story

Equipment Finance Cares (EF Cares) announced the newly formed EF Cares Charitable Fund. The newly established fund will allow EF Cares to support charities affiliated with equipment finance professionals and organizations outside of the traditional... Read Story

Solifi, a global fintech software partner for secured finance, announced Ivan Bagaliyski, Director, Go-To-Market Strategy at Solifi, received the highly commended mention in the Rising Star category at the AFC Summer Awards 2023.The Rising Star award... Read Story

Beacon Funding, an equipment financing company, and Transit Pros, a leader in towing, roadside and transportation, announced their strategic brand partnership.By combining their expertise, resources, and innovative approaches, the two companies aim... Read Story

Quality Equipment Finance announced Patrick O'Connor, CLFP, Senior Sales Consultant, has been named to Monitor's NextGen 40 under 40 List. "Well, it's just about showing up and doing the best job I can for our clients and my team every day," said... Read Story

First American Equipment Finance announced it has ranked No. 21 on the Selling Power 50 Best Companies to Sell For list. This is the 23rd consecutive year the ranking has been published by Selling Power and First American’s seventh consecutive year... Read Story

According to Sandhills Global’s newest market reports, used heavy-duty truck, semitrailer, and construction machinery in Sandhills marketplaces are following the same trends observed in previous months. Inventory levels in these markets have... Read Story

Regents Capital Corporation, a provider of equipment leasing and financing solutions in the United States, announced it has been named as one of Orange County Business Journal’s 2023 Best Places to Work. The independent equipment finance firm ranked... Read Story

Channel, a lender specializing in equipment finance and working capital, announced the successful completion of its third working capital backed securitization, a significant milestone for the company. The $85 million issuance of asset-backed notes... Read Story

MMP Capital, a commercial financing company specializing in equipment financing, leasing and unsecured capital, saw a dramatic increase in originations this quarter, with total originations reaching nearly $100 million. This marked a 26 percent... Read Story

Amur Equipment Finance, Inc. (Amur) announced the completion of its 12th term securitization, in which it issued $377 million in notes secured by equipment loans and leases originated through its platform. Thirty-eight unique investors participated... Read Story

Channel announced that for the second consecutive year it has been honored as a Star Tribune Top 200 Workplace, ranking fifth among the midsize Minnesota companies list. Enhancing this year’s recognition Channel received the Direction award, a... Read Story

Since its launch in late 2022, Capteris has quickly established itself as an attractive alternative provider of equipment finance solutions. Most notably, within the financial sponsor segment, Capteris has committed nearly $150 million to portfolio... Read Story

Aequum Capital recently expanded its revolving line of credit led by Texas Capital Bank to $60 million by adding Wells Fargo & Company to the bank lending group. This new financing will further augment Aequum's significant equity base led by... Read Story

Inflation was identified as one of the top business concerns impacting small businesses, according to the results of the 2023 Small Business Survey, released by TD Bank. The survey collected insights from over 500 small business owners (SBOs), with... Read Story

Ares Management Corporation, a global alternative investment manager, announced certain funds managed by its Alternative Credit strategy have completed the acquisition of a $3.5 billion specialty finance loan portfolio from PacWest Bancorp.The... Read Story

LeaseAccelerator announced the launch of its new Trust Center, providing key InfoSec information to support its Lease Lifecycle Management solutions. The new Trust Center is a centralized resource for information security and data privacy that will... Read Story

For the second consecutive year, Verdant Commercial Capital has been named a Top Workplace in the Greater Cincinnati and Northern Kentucky area by The Enquirer Media. The Top Workplaces list is based solely on employee feedback gathered through a... Read Story

KLC Financial announced it has been recognized as a winner of the Best Places to Work award. The award, presented by The Minneapolis/St. Paul Business Journal, acknowledges KLC Financial's commitment to cultivating a positive and fulfilling work... Read Story

First Citizens Bank announced its Real Estate Finance business provided a $19.5 million construction loan for the development of Holbrook Logistics Center in Long Island, NYThe borrower, an affiliate of Eagle Cliff Real Estate Partners, is building a... Read Story

Libra Group has launched the world’s first space leasing company dedicated to the full spectrum of space assets. Building on the Group’s 20 years of aviation leasing experience, Space Leasing International (SLI) will own and lease assets critical to... Read Story

DLL will expand its floorplan finance offerings into the utility trailer market in North America. With this expansion, DLL will work with manufacturers to develop tailored financing programs to meet the needs of the market and offer eligible dealers... Read Story

Traditional bank lenders are applying more pressure to borrowers and now showing less tolerance when mid-sized companies in the U.S. miss financial targets, according to a new survey of business executives and lenders sponsored by Carl Marks Advisors... Read Story

Fleet Advantage announced Chief Marketing Officer Katerina Jones has been honored as one of three Trailblazer Top Brand Innovators by the Transportation Marketing and Sales Association (TMSA) for the second year in a row, as well as a Top Woman In... 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 seventh consecutive year being named to this distinguished list, this year coming in... Read Story

NETSOL Technologies, Inc., a global business services and enterprise application solutions provider to the global asset finance and leasing industry, has successfully achieved SOC 2 Type 2 compliance, with a global audit conducted by... Read Story

North Mill Equipment Finance (NMEF), an independent commercial equipment lender located in Norwalk, CT, announced the company won the prestigious GlobalCapital US Securitization Award for ABS Deal of the Year for 2022 for its NMEF 2022-A equipment... Read Story

Corcentric, a global provider of procurement and finance solutions, announced it secured a new $315 million senior credit facility. The capital raise consists of a $250 million senior secured asset-based loan revolver from Bank of America and... Read Story

Fleet Advantage, an innovator in Class-8 fleet data analytics, equipment financing and life cycle cost management (LCCM), has received the 2023 Purpose Award for Community Engagement by the Transportation Marketing and Sales Association (TMSA) at its... Read Story

Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, announced the upsize of its leverage facility with KeyBank National Association, one of the nation's largest bank-based financial services... Read Story

Keystone Equipment Finance Corp., a Connecticut-based independent finance company, has moved to a new office space to accommodate growth and technological needs.Keystone Equipment Finance Corp. (Keystone), an independent equipment finance company... Read Story

Provide Capital, an equipment financing company, announced the launch of a trailblazing equipment vendor program that offers a cashback of up to 3 percent to vendors for every successful referral. This innovative initiative is part of Provide... Read Story

Comerica Bank announced the expansion of its Fort Lauderdale, FL, office in Plaza 100.The expanded office location, opening later this month, will house more than 30 colleagues from across the bank's lines of business, including Commercial Bank;... Read Story

BHI granted a $20 million credit facility to Lendbuzz for working capital and general corporate purposes. This transaction exemplifies BHI’s commitment to the Tech industry and will support Lendbuzz’s further growth. Established in 2015 and... Read Story

SBG Funding is doubling down on its commitment to businesses with exciting developments. It announced its move to a new, larger office space, marking a significant milestone in its growth journey. With over 15,500 square feet at its new location on... Read Story

Through its Commercial Lending business, The Bancorp Bank, N.A. (Bank), a wholly owned subsidiary of The Bancorp, Inc. (Company), processed over $229 million of wholesale transactions through its Wholesale Purchase Program. With the inclusion of... Read Story

LeaseAccelerator announced PureLease Marketplace, a global bidding platform that makes competing equipment leases simple, fast and easy, has sourced over $1.5 billion in lease financing. PureLease Marketplace saves clients an average of 7 percent on... Read Story

Honour Capital announced the firm has provided $1.3 million in an operating lease arrangement to a national flow control products industry leader for a supply chain solution to automate warehouse processes. “Honour Capital was recommended to us by... Read Story

Baystone Government Finance has launched a new website – baystone.net – to connect equipment vendors, brokers, communities and select non-profits with tax-exempt municipal leases and other financing options for essential equipment and real... Read Story

ASA announced the results of its 2023-2024 elections for new International Officers, Board of Governors and Discipline Committee Officers and Members At-Large. Those elected will officially take office on July 1, 2023.This prestigious group of... Read Story

QuickFi won Best Embedded Finance System – Lending at the 2023 Banking Tech Awards USA by Finovate, a leading global fintech event series and digital engagement platform.  The awards presented at the 2023 Banking Tech Awards USA in New York City... Read Story

Odessa, a provider of technology solutions for asset finance, announced Societe Generale Equipment Finance (SGEF) has selected the Odessa Platform delivered through Odessa’s full-service cloud solution to streamline operations and support continued... Read Story

RecNation Storage, a leading owner, operator and developer of specialized recreational vehicle and marine storage facilities, amended and upsized its revolving credit facility to borrow up to $500 million assuming certain conditions are met. The... Read Story

Transport Enterprise Leasing (TEL) has donated $6,000 to the Chattanooga, TN-based nonprofit Bible in the Schools, which funds elective Bible History classes for interested students.“Transport Enterprise Leasing is proud to give back to our... Read Story

GreatAmerica Financial Services Corporation announced it closed its 23rd securitization of $549,277,000 in privately placed bonds. S&P and Fitch rated 93.4 percent of the bonds in the transaction as “AAA,” the same as the prior six transactions from... Read Story

QuickFi won Best in Show at Finovate Spring 2023. QuickFi participated with 44 other companies at Finovate Spring 2023, a leading fintech event series and digital engagement platform. QuickFi was honored for the live demonstration of its newest... Read Story

Amembal & Halladay announced the launch of its much-awaited self-paced e-learning courses. The courses were created and instructed by Sudhir Amembal, who has been serving the global equipment finance industry for the past four plus decades.  The five... Read Story

Corcentric, a global provider of procurement and finance solutions, announced its new brand highlighting how the organization uniquely solves customers’ business challenges by forming seamless partnerships to diagnose pain points and deliver... Read Story

First Citizens Bank announced CIT Northbridge Credit, as advised by CIT Asset Management LLC, has provided $40 million in financing for Tronair, a provider of manufacturing of ground support equipment, aftermarket replacement parts and services for... Read Story

Citizens provided an asset-backed credit facility to the Belknap White Group to refinance existing debt, provide funds to acquire the assets of Swiff-Train Corporation and support future growth. The new facility consolidates two separate facilities... Read Story

XS Financial Inc., an equipment finance company to the cannabis industry in the United States, announced its expansion into the broader market by extending its financing services to non-cannabis companies. XS Financial aims to utilize its expertise... Read Story

EPC, Inc., a subsidiary of CSI Leasing, Inc. and one of the world’s largest IT asset disposition (ITAD) providers, has expanded operations in South America by opening a facility in Bogotá, Colombia. EPC Colombia S.A.S. (EPC Colombia) joins the... Read Story

Orion Group Holdings, Inc., a specialty construction company, announced the closing of a new three-year $103 million senior secured asset-based credit facility with White Oak ABL, LLC and White Oak Commercial Finance, LLC, which are the asset-based... Read Story

Ryder System, Inc. announced the signing of a long-term lease for a new headquarters location at the state-of-the-art Colonnade office tower in Coral Gables, FL. “In our 90th year, it was important that we honor our founding and remain headquartered... Read Story

The Greenbrier Companies, Inc. (Greenbrier) announced the completed sale of its Gunderson Marine operations to Oregon Green Manufacturing, LLC (OGM). Gunderson Marine operates within a 58-acre industrial waterfront site in Portland, OR, which OGM has... Read Story

Rinaldi Advisory Services (RAS) announced its newest RAS Alliance Partner, MAI Technology Solutions (MAI) to optimize technology strategy in the equipment leasing and finance industry. This collaboration empowers industry executives with... Read Story

Leasepath, the cloud-first Intelligent Workplace Finance Origination (LOS) and Customer Engagement (CRM) platform built for asset finance, announced a successful implementation with Kennet Equipment Leasing, a name in equipment finance for UK... Read Story

DLL received the ‘2023 Best ESG Initiative of the Year: Social Aspects’ and ‘Best Give me a New Life Funding Programme’ Awards from the Arena International Events Group. The awards ceremony was held in Paris, France at the Arena International Events... Read Story

Northteq, Inc., a provider of Salesforce loan origination solutions, along with Mitsubishi HC Capital Canada announced the launch of an innovative and unique Salesforce powered portal. The new partner platform will serve as the front-end, vendor... Read Story

Ares Management Corporation announced that funds managed by its U.S. Direct Lending and Alternative Credit strategies served as the lead arranger and junior agent for $3 billion in asset-backed and operating company financing for Merchants Fleet as... Read Story

Wingspire Equipment Finance, a provider of equipment finance solutions, announced the closing of a new $195 million credit facility to further expand its direct funding capabilities. The facility was agented by Texas Capital Bank, and Wells Fargo and... Read Story

Leasepath, the cloud-first Intelligent Workplace Finance Origination (LOS) and Customer Engagement (CRM) platform built for asset finance, announced Smarter Equipment Finance, the rapidly growing Las Vegas, NV equipment broker, has successfully... Read Story

TopMark Funding, a funding destination for commercial vehicles, opened 2023 with strong originations in the first quarter. The company set its all-time record for funded transactions in March 2023. This contributed to a 22 percent increase in funded... Read Story

Wingspire Capital provided a $30 million senior secured credit facility to GTT Communications, a global provider of managed secure networking services for large enterprise and carrier clients.The revolver will be used to support working capital... Read Story

Data Sales Co., a provider of lease financing and IT Asset Disposition (ITAD), announced the completion of its 50th year in business. For five decades, Data Sales Co. has been at the forefront of innovation, providing cutting-edge technology... Read Story

BriteCap Financial LLC announced its formation with a substantial capital investment from affiliates of North Mill Equipment Finance LLC (NMEF), an independent commercial equipment lender, and from BriteCap’s senior management team.  “The partnership... Read Story

Volvo Financial Services (VFS) announced the launch of iLabX 2.0, an evolution of its innovation accelerator program that provides startups the opportunity to develop and implement fintech innovations together with VFS. This upcoming program will... Read Story

Jefferies Financial Group and Sumitomo Mitsui Financial Group, Sumitomo Mitsui Banking Corporation, SMBC Nikko Securities Inc., and SMBC Nikko Securities America Inc. (collectively, “SMBC Group”) have expanded their strategic alliance to collaborate... Read Story

Equipment Finance Cares (EF Cares) held its first event of 2023 last week at TPC Craig Ranch in McKinney, TX. Over 60 equipment finance professionals attended, representing 38 different organizations. “We were excited to kick off EFC’s first event of... Read Story

Investments in supply chain and logistics have shot up exponentially over the last few years. To improve supply chain resilience and better manage complexity, companies are increasingly investing in real estate, new equipment or technology and... Read Story

Fleet Advantage announced it will unveil a revolutionary new analytic tool at the upcoming National Private Truck Council (NPTC) Annual Conference (May 7-9 in Orlando, FL) offering breakthrough technology designed to help define the future of... Read Story

First Business Bank's Floorplan Financing team announced it funded an $18 million inventory floorplan line of credit for a thriving independent car dealership in Michigan.First Business Bank’s Floorplan Financing team offers independent car dealers... Read Story

The private capital market is alive and well, according to a new report from Proskauer. The leading international law firm released the findings of its annual Private Credit Survey which asked more than 150 executives at private credit firms across... Read Story

For over 30 years, successful businesses have chosen Maxus as the best solution for their capital needs.Maxus Capital Group, LLC is an independent specialty finance company headquartered in Cleveland, OH. The experienced leadership team has 40 years... Read Story

Mitsubishi HC Capital America, the largest non-bank, non-captive finance provider in North America with $7.5 billion in owned and managed assets, announced the company has dedicated additional resources aimed at helping clients meet their own clean... Read Story

QuickFi is a finalist in the London-based 2023 Credit Awards for Best Use of Technology, End-to-End Credit Solutions.The 2023 Credit Awards, the flagship awards for the credit and financial services industry, recognize and celebrate innovation, best... Read Story

EquipmentShare announced the completion of a $290 million funding round led by funds affiliated with BDT Capital Partners. This round also included participation from existing investors such as RedBird Capital Partners, Tru Arrow Partners and Sound... Read Story

The Truck Renting and Leasing Association (TRALA) honored Tom Fleming of Aim NationaLease with the Steve Lawrence Legacy Award during the Association's 2023 Annual Meeting in Bonita Springs, FL."Tom Fleming is equal parts leader, mentor, visionary... Read Story

Tamarack Technology, Inc. and Sandhills Global have entered into a strategic partnership designed to help equipment finance companies elevate portfolio management and profitability. Combining the power of operational data and real-time insights from... Read Story

MMP Capital, a commercial financing company specializing in equipment financing, leasing, and unsecured capital, successfully funded over $65 million for customers in the first quarter of 2023, a 20 percent increase year over year compared to... Read Story

Oxford Commercial Finance (OCF), a subsidiary of Oxford Bank, is announcing an expanded line of flexible working capital solutions for small to medium-sized businesses, increased customer base, and a new website with helpful resources for business... Read Story

Maxim Commercial Capital (Maxim) reported exceptionally strong year-over-year growth during the first quarter of 2023. The private finance company closed nearly three times more truck financing transactions during the period than in 2022, and helped... Read Story

36th Street Capital announced it recently extended and upsized its senior secured revolving credit facility to $280 million, an increase of $110 million. The credit facility includes six lenders and is led by Capital One, N.A. as agent.“We are very... Read Story

Wintrust Commercial Finance (WCF), a division of Wintrust Asset Finance Inc., is celebrating eight years in business this month.Since its inception in 2015 with four founding employees, WCF has grown to a staff of 54, including new personnel hired in... Read Story

Clarus Capital announced it has completed a new $25 million loan facility for an established, family office backed private aviation platform. Clarus CEO Steve O’Leary said, “Clarus’ financing solution allows the client to expand its fleet in order to... Read Story

Koppers Holdings, an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, closed a 7-year $400 million senior secured Term Loan B (TLB), which will bear interest, at the company's option, at adjusted... Read Story

Middle market private companies in the Golub Capital Altman Index experienced year-over-year earnings growth of 11 percent and revenue growth of 11 percent during the first two months of the first quarter of 2023.Lawrence E. Golub, CEO of Golub... Read Story

The Greenbrier Companies, Inc. hosted its inaugural Investor Day in New York, during which members of the company's leadership team discussed Greenbrier's market-leading position and diverse capabilities, strategic priorities, and multi-year... Read Story

Dynamic Capital Equipment Finance Inc. recently funded a $5,000,000 term loan through the utilization of its own in-house financing for client Crude Master Transport Inc. (Crude Master), turning Crude Master into one of the largest fluid hauling... Read Story

The Office of the Comptroller of the Currency (OCC) has reappointed Kelly Skalicky, CEO and President, Stearns Bank N.A., to serve on its Minority Depository Institutions Advisory Committee (MDIAC). The OCC officially announced its new and returning... Read Story

Linedata, a global provider of asset management and credit technology data and services, announced the expansion of its services capabilities and offerings in the Asia-Pacific (APAC) region. Linedata has extended its APAC offerings to include new... Read Story

NXT Capital announced it closed a unitranche facility in support of Graham Partners’ acquisition of Rhythmlink. NXT Capital acted as the Joint Lead Arranger on this transaction.“The NXT Capital team displayed great expertise and worked quickly and... Read Story

Downward value trends continued in March across Sandhills Global marketplaces. Used truck and trailer values have been in almost non-stop decline for a year, while used construction equipment values remained in a cooling pattern that began in Q3 2022... Read Story

Visual Lease has launched VL ESG Steward, a solution designed to track and report on the environmental impact of an organization's owned and leased asset portfolio. This is the first tool of its kind within the lease management and accounting... Read Story

Pathward, N.A. has been Certified by Great Place to Work for the first time. The prestigious award is based entirely on what current employees say about their experience working at Pathward. This year, 78 percent of employees said it’s a great place... Read Story

DataScan, a provider of solutions for wholesale asset financing and inventory risk management, has partnered with CheckVentory, an innovative software-as-a-service provider, to bring uVerifi, a digital auditing tool, to the U.S. and Canadian... Read Story

Gordon Brothers supported Modus Subsea Services Limited (Modus) with a £5 million term loan.  Modus, a pioneer in the use of Underwater Intervention Drones to automate and decarbonize subsea inspection, maintenance and repair services, has used the... Read Story

Fleet Advantage announced Chief Marketing Officer Katerina Jones has been named one of three finalists for the 2023 Distinguished Woman in Logistics Award (DWLA) by the Women In Trucking Association (WIT).  Every year, Women In Trucking’s... Read Story

When the COVID-19 pandemic slowed sales and disrupted supply chains for a Midwest supplier of pipes, valves and oil transmission products and services, the company and its private equity partner needed a flexible solution. Republic Business Credit... Read Story

NETSOL Technologies, Inc. announced Haydock Finance has signed up for and gone live with Flex - NETSOL’s API-first and cloud-based calculation engine. The sign-up and go-live covers the deployment of Flex for the business finance provider in the... Read Story

CrossAmerica Partners entered into an amended and restated five-year Revolving Credit Facility agreement with a syndicate of lenders led by Citizens Bank. The Amended Facility provides borrowing capacity up to $925 million, an increase from the... Read Story

The Consumer Financial Protection Bureau (CFPB) has finalized a rule required by Congress to increase transparency in small business lending, promote economic development, and combat unlawful discrimination. Lenders will collect and report... Read Story

QuickFi is a finalist in the New York-based 2023 Banking Tech Awards for two categories: Best Mobile Initiative Best Use of Tech in Lending Other finalists include J.P. Morgan, Wells Fargo, Citi Commercial Bank, Bank of America and KeyBank... Read Story

Wingspire Capital agented a $125 million senior secured credit facility to an internationally recognized cosmetics company for the expansion of their complement of current brands, future product development, and potential acquisitions.The credit... Read Story

PEAC Solutions (PEAC) and Armada Credit Group Inc. (Armada), a provider of equipment finance services in Canada, announced their partnership.This joint venture allows PEAC to again expand its global footprint, making it easier for vendor partners and... Read Story

The Black Equipment Finance Network (BEFN) Inaugural Mixer was held at the NEFA Finance Summit on March 21, marking the group's first in-person event. Attended by over 20 group members and over 40 allies and sponsors from around the country and... Read Story

Solifi, a global fintech software partner for secured finance, announced Merchant West Group, a leading privately owned South African financial institution, will upgrade from an on-premise system to Solifi ABL on the Open Finance Platform.The upgrade... Read Story

SageSure, a leading provider of catastrophe-exposed property insurance, closed a $50 million expanded revolving credit facility with its new commercial banking partner Wintrust Financial Corporation. The funding will enable SageSure to increase... Read Story

CHG-MERIDIAN has opened a new office in Mississauga, Ontario, Canada. CHG-MERIDIAN has had a presence in Canada since 2017 starting with a single employee. The new office is in large part due to the growth to 10 full-time employees within... Read Story

Kroll Bond Rating Agency, LLC has assigned preliminary ratings to five classes of notes issued by Dext ABS 2023-1, LLC (Dext 2023-1), an equipment ABS transaction.Dext 2023-1 represents the third equipment ABS transaction to be sponsored by Dext... Read Story

Liventus sponsored and donated to ASPIRE, a local charity that helps adults with disabilities. Its contribution played a vital role in the success of ASPIRE's Big City Nights Gala, which raised an unprecedented amount of money to further its mission... Read Story

QuickFi by Innovation Finance USA, today announced that for the second straight year it has been named "Best Overall LendTech Company" in the annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough, an independent market... Read Story

Steve Beverly, Penske Logistics Senior Vice President Of Finance, has been honored by Supply and Demand Chain Executive with the 2023 Pros to Know Award. The annual Pros to Know award recognizes outstanding executives whose accomplishments offer a... Read Story

Fleet Advantage announced John Flynn, founder and former CEO, and Kristopher Dolch, Vice President of Strategic Fleet Solutions, were recognized as 2023 Pros to Know by Supply & Demand Chain Executive.Annually, Supply & Demand Chain Executive’s Pros... Read Story

Citizens M&A Advisory served as the exclusive financial advisor to General Die Casters, Inc. on its combination with Dart Casting, Inc.Headquartered in Twinsburg, OH, General Die Casters is a leading, value-added provider of complex, close tolerance... Read Story

More than 250 Corcentric customer representatives from North America and Europe convened at the Ritz-Carlton Orlando, Grande Lakes, FL, for the company’s two-day 2023 Symposium in February. The theme of the 20th Anniversary gathering was “Focus,” and... Read Story

Rapid Finance announced the rebrand of its recently acquired digital end-to-end lending platform, Thrive, to Decisioneer.As part of the relaunch, the platform has been refactored to provide a more elegant and seamless user experience to borrowers and... Read Story

The Equipment Finance Cares Texas event hosted by Wintrust Asset Finance, a subsidiary of Beverly Bank & Trust Company, N.A., will be held on Wednesday, April 19 from 1:30 p.m. – 7 p.m. at TPC Craig Ranch in McKinney, TX.“Equipment Finance Cares is... Read Story

Priority One Financial Services, a full-service finance company for marine, RV and trailer dealers, was named among the Tampa Bay region’s 2023 Best Places to Work.The annual Tampa Bay Business Journal award honors “companies that have made workplace... Read Story

Meridian Group International (MGI), an lnformation technology and managed services provider (MSP), and an equipment leasing and financing company announced it has achieved Carbon Neutral status.A global company spanning four continents and nearly... Read Story

eBizLoans.com, an online lender for small businesses located in Huntington, NY, and its founder Marc Arner, announced the company has recently surpassed a significant milestone of funding over 20,000 small businesses across the United States.Since... Read Story

Liventus announced that it had received certification as a Great Place to Work for 2023-2024. The Certification is awarded by the Great Place to Work Institute, an independent authority on high-trust, high-performance workplace cultures. This... Read Story

In its commitment to support the communities where it operates, Mitsubishi HC Capital Canada has completed its inaugural United Way campaign. Several local organizations will benefit from the company’s donations. These include Anna et la Mer, the... Read Story

Encina Equipment Finance, LLC announced it has changed its name to Post Road Equipment Finance, LLC. As part of the name change, the company has revamped and redesigned its website to incorporate the new company name (www.postroadef.com). The name... Read Story

Onset Financial exceeds $140 million in year-to-date fundings, shattering its previous record for January and February combined. With time to spare, this achievement also officially exceeds the best Q1 in company history.2023 is already another... Read Story

Ryder System, Inc., a provider in supply chain, dedicated transportation and fleet management solutions, announced it has sold its Miami headquarters campus to Bridge Industrial, a privately-owned, vertically integrated real estate operating company... Read Story

Consult Disrupt, a consulting organization formed to support equipment finance organizations with their day-to-day operations and technology related projects, announced it has been selected by Liventus, Inc. to help expand its service offering in the... Read Story

WS Capital Series Fund LLC (WS Capital), an alternative investment fund, announced its newest partnership with an equipment distributor based in Pennsylvania. WS Capital, whose portfolio includes assets in equipment leasing as well as private... Read Story

DLL, a global asset finance company for equipment and technology, participated in Gallagher’s 2022 U.S. Benefits Strategy & Benchmarking Survey and was identified as an organization that excelled in optimizing employee and organizational wellbeing.... Read Story

Solifi, a global fintech software partner for secured finance, announced the release of its latest version of Solifi Originations for equipment and automotive finance lenders in North America. The newest features enable a multitude of automated... Read Story

ECN Capital Corp. announced it has initiated a review of strategic alternatives to maximize shareholder value.In response to interest that has been received by the company, ECN will evaluate the full range of alternatives to determine the best path... Read Story

ACG Equipment Finance, a division of American Bank, has announced that it has been rebranded as American Bank Equipment Finance.Since 1999, ACG Equipment Finance has offered fast, flexible and competitive financing for smaller businesses and... Read Story

The annual 2023 Small Business Lending Forum (SBLF) facilitated by Orion First was once again a first-class industry event, held at the JW Marriot Desert Ridge Resort in Phoenix, AZ.The SBLF attracts industry veterans and top decision makers of banks... Read Story

Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $6 billion in assets, provided $10 million in financing to American Gas Products (AGP), a full-service national industrial and specialty gas supplier.... Read Story

PEAC Solutions (PEAC) a global leader in the vendor financing industry, and Bepensa Capital, the holding company of the trademark FinBe ABC, an independent, non-banking company in Mexico, announced a partnership to provide financing solutions in... Read Story

Honour Capital announced the firm is providing $10 million in fair market value financing to a multi-state company that provides consulting services related to real estate, energy, infrastructure and environmental management issues.“Honour Capital... Read Story

Solifi, a global fintech software partner for secured finance, announced the release of the 2023 Global Leasing Report. This one-of-a-kind report provides detailed analysis of the top 50 leasing markets worldwide, providing historical data insights... Read Story

Verdant Commercial Capital, LLC announced its 2022 originations were $551 million, an increase of 42 percent over 2021. Verdant originates leases and loans via relationships with top-tier vendors, OEMs and dealers of business-essential capital... Read Story

MMP Capital, a commercial financing company specializing in equipment financing, leasing and unsecured capital, announced President and CEO John-Paul Smolenski has been accepted into the Forbes Finance Council, an invitation-only community for top... Read Story

Massachusetts Mutual Life Insurance Company (MassMutual) and Barings, one of the world's leading investment managers and subsidiary of MassMutual, announced plans to transition MassMutual's Direct Private Investments (DPI), a leading fund finance... Read Story

Delta Financial Group (Delta) hosted its inaugural Partner Conference on Feb. 7-9 at the historic Belleview Inn (circa 1897) in Belleair Bluffs, FL. The conference focused on Diversity, Equity and Inclusion (DEI) topics presented to equipment leasing... Read Story

Arvest Bank, a bank with more than $26 billion in assets, announced the launch of its first product running on cloud-native core banking technology provided by Thought Machine.The equipment finance lending product, which launched in October 2022, was... Read Story

Gridium, a decarbonization partner to leading real estate firms, announced total funding of over $14 million from investors who see the potential to decarbonize commercial buildings. Lead investor Navitas Capital joined other luminaries from the... Read Story

First-Citizens Bank & Trust Company (First Citizens Bank) announced its vendor equipment financing business will now be known as First Citizens Bank Equipment Finance to better communicate its core mission to vendors, customers and prospects.Formerly... Read Story

LeasePoint Funding Group, a provider of equipment leasing and financing solutions, announced it originated over $100 million in new business in 2022, demonstrating strong momentum with three consecutive years of high double-digit growth.The company... Read Story

Leasepath announced another year of exceptional growth, marking the third consecutive year of total revenue growth at or above 45 percent annually. Leasepath also added several new customers and booked over 400 new user seats on its market leading... Read Story

BMO Financial Group (BMO) and BNP Paribas announced a long-term commercial agreement and new cross-border framework to enhance coverage and access to a global network for their commercial banking clients. They will also enter into a comprehensive... Read Story

Solifi, a global fintech software provider for secured finance, announced the addition of a leading German transport equipment manufacturer to its European asset finance customer portfolio. Under the new pan-European agreement, Solifi will implement... Read Story

Wingspire Capital committed a $30 million term loan A and a $15 million revolver to travel technology and marketplace firm Mondee, Inc., participating and adding to an existing loan facility led by TCW Asset Management Company.The proceeds will be... Read Story

Stonebriar Commercial Finance announced it continued to serve its valued customer base, originating $2.3 billion of new business volume for 2022, a 53 percent increase over 2021, while increasing ending receivables and serviced assets to over $5.6... Read Story

B. Riley Advisory Services, a provider of specialty business advisory services, announced it has expanded the firm’s appraisal and valuation services with the addition of a dedicated field examination practice. This experienced team specializes in... Read Story

CIT Commercial Services, a wholly owned subsidiary of First Citizens Bank, announced it has closed a non-recourse factoring arrangement and $8 million senior secured facility for a Los Angeles-based company that sells men's and boys' clothing to... Read Story

NFS Leasing, Inc., a privately held provider in equipment finance across the U.S. and Canada, announced it achieved 32 percent year-over-year growth of originations in 2022."The success we achieved in 2022 is a testament to the strength of our team... Read Story

Mitsubishi HC Capital Inc. announced it will integrate three group companies in the United States (the Integration) on April 1, 2023: Mitsubishi HC Capital America, Inc., Mitsubishi HC Capital (U.S.A.) Inc., and ENGS Commercial Finance... Read Story

The Alta Group has rebranded and redesigned its website to reflect the advisory’s exclusive dedication to the dynamic world of commercial equipment finance. It more clearly defines the full array of services and related solutions offered worldwide... Read Story

Fleet Advantage announced several milestones achieved over the last 12 months, including a stellar business performance where it exceeded over $760 million in lease originations. The company now totals $2.4 billion in assets under management and... Read Story

First Business Bank announced it earned a 2023 Top Workplaces USA award, issued by Energage, a purpose-driven organization that develops solutions to build and brand Top Workplaces. “For the second year in a row, our employees across the country... Read Story

Merchants Fleet announced a major expansion of its lending capacity, more than doubling its ability to fund vehicles and equipment for its traditional fleet and mobility clients throughout the country. The new lending capacity aligns Merchants with... Read Story

Asking and auction values for used heavy-duty trucks and semitrailers in Sandhills Global marketplaces have been dropping from the all-time highs that began in the second quarter 2022. However, despite almost continual month-over-month value declines... Read Story

Wingspire Capital provided moe than $700 million in senior secured financing commitments in 2022, bringing its total to $3 billion in its third year of operations. “We are pleased to reach this commitment milestone in our third year of operations as... Read Story

Wintrust Specialty Finance, a division of Beverly Bank & Trust Company, N.A., a Wintrust Community Bank, has closed the books on a banner year in 2022, headlined by over $625 million in new originations.Supported by parent company Wintrust Financial... Read Story

Baystone Government Finance reported a record year in new business volume in 2022 and remains optimistic about 2023 due to rising demand for equipment and vehicles from schools and counties across the country. David Burr, Assistant Vice President at... Read Story

APPROVE’s tech-driven platform for equipment finance now enables qualifying buyers to receive automated financing approvals in a matter of seconds. APPROVE’s API allows lenders that wish to participate to easily link to this automated technology.... Read Story

First Citizens Bank announced its Middle Market Banking business is launching a business-focused webinar series to provide a range of expert insight to owners, executives, service providers and others engaged with middle market companies.The first... Read Story

NETSOL Technologies, Inc. announced it has become an API Gateway Delivery Partner with Amazon Web Services (AWS).With this extended APN partnership, NETSOL will have access to AWS API Gateway, a fully managed service that makes it easy for developers... Read Story

Verdant Commercial Capital, LLC announced the closing of its inaugural term securitization, Verdant Receivables 2022-1. Verdant provides sales financing by partnering with sellers of capital equipment and computer software.The transaction was... Read Story

Summit Funding Group, based in Mason, OH, celebrated its 30th anniversary. The celebration included a gala held at Cincinnati Music Hall on Feb. 3, which was the actual date of the company’s inception. All Summit employees were in attendance to... Read Story

Amid the threat of inflation and rising rates, the equipment finance industry pushed ahead and began shifting toward sustainable, inclusive growth. SLIM Capital, located in Beverly Hills, CA, reported 2022 as a solid and successful year with the... Read Story

TopMark Funding, a funding destination for commercial vehicle dealerships and small to midsized fleets, closed 2022 with 92 percent year-over-year revenue growth while holding margins. Despite the economic headwinds and challenges in the... Read Story

ENGS Commercial Finance Co. announced the integration of Notarize into its FinTech platform. Notarize gives customers on-demand access to notary services through a comprehensive and secure platform.Through Notarize, customers can schedule their... Read Story

Bridge Bank announced its Capital Finance Group closed on a $3 million credit facility for Innovative Lease Services Inc., a Carlsbad, California-based provider of commercial equipment financing and leasing services. Innovative Lease Services (ILS)... Read Story

Unifi Equipment Finance, Inc., a provider of equipment financing solutions for small to medium-sized businesses, announced it has surpassed $1.5 billion in new originations.This achievement is a testament to Unifi Equipment Finance's commitment to... Read Story

Inovatec Systems, a provider of cloud-based software solutions for lenders, announced it has successfully completed all SOC certification processes, including SOC1, SOC2 and SOC3 audits, and is in compliance with all industry-accepted data privacy... Read Story

DLL announced the closing of “DLLAD 2023-1”, a U.S. securitization transaction issuing notes totaling USD 850 million. The notes are backed by loans and leases secured with agricultural, golf course and turf equipment.The transaction is rated F1+/P-1... Read Story

In response to increasing demand for top-tier data security by large asset-based lenders, Asset Compliant Solutions (ACS) announced that the company has secured SOC-2 Certification from the American Institute of Certified Public Accountants (AICPA).... Read Story

First American Equipment Finance has announced it has earned the 2023 Top Workplaces USA award, issued by Energage. This is First American’s third time being name to this nationwide list, this year coming in at #6 (150-499 FTE category).   Top... Read Story

LeaseQuery surpassed 3,500 customers in 2022, amid other key areas of hyper-growth throughout the last year. In addition to a 75% customer increase since 2021, LeaseQuery has also continued to build upon current product offerings and launched its... Read Story

The CLFP Foundation lost one of its board members this past weekend, Larry “Last Chance” LaChance, CLFP, President at Bankers Capital. Just two weeks ago, he was with us in Arizona at our board retreat and told everyone about what a special time he... Read Story

Titan NRG, operating as a downstream energy and transportation holding company through its wholly-owned subsidiaries, has entered into an agreement to purchase NRG Equipment LLC. NRG Equipment is an equipment leasing company based in Montana that... Read Story

Equipment Finance Cares (EFC) is pleased to announce dates and locations for its 2023 events. “Equipment Finance Cares regional events continue to be well-attended and received by the equipment finance community,” said Jesse Johnson, Founder of... Read Story

Priority One Financial Services, a full-service finance company for marine, RV and trailer dealers, celebrates 25 years of employment with Rina Aponte, Senior Operations Manager. Aponte started at Priority One in 1998, when the company had just 13... Read Story

Loeb continues its long history of supporting companies in transitional financial states with $6.8 million in machinery and equipment loans in the fourth quarter of 2022. These loans will help the four businesses continue to operate smoothly by... Read Story

First Business Bank’s Floorplan Financing team announced it funded a $5.5 million inventory floorplan line of credit for a growing independent car dealership in South Carolina.First Business Bank’s Floorplan Financing team offers independent car... Read Story

Eclipse Business Capital (EBC) provided a $28.5 million senior secured credit facility to support the acquisition of a flooring products distributor. The transaction included a $25 million revolving line of credit and a $3.5 million machinery &... Read Story

eCapital Corp. issued $95 million in lines of credit during the fourth quarter of 2022 through its eCapital ABL North America division. With this working capital, the companies – which include CPG products in the home and lawn categories – plan to... Read Story

Ritchie Bros. Auctioneers Incorporated announced it has entered into a securities purchase agreement with Starboard Value LP and certain of its affiliates pursuant to which Starboard will make a concurrent $485 million convertible preferred equity... Read Story

Commercial Equipment Finance (CEFI), the independent, full-service equipment finance and leasing company headquartered in Puerto Rico, announced 2022 originations reached a record $147 million, the highest level recorded by the company since its was... Read Story

Amur Equipment Finance, Inc. (Amur) announced it is Certified by Great Place to Work for the fifth consecutive year. This year when asked if Amur was a great place to work, 95 percent of employees said yes – 38 points higher than the average U.S.... Read Story

Reliant Capital, a commercial financing company specializing in financing for equipment vendors, successfully funded $156 million for customers in 2022, a 101 percent increase year over year compared to 2021.“Our plan to stay focused, keep a positive... Read Story

MMP Capital, a commercial financing company specializing in equipment financing, leasing and unsecured capital, successfully funded $297 million for customers in 2022, a 45 percent increase year over year compared to 2021.“MMP Capital is growing... Read Story

North Mill Equipment Finance LLC (NMEF), an independent commercial equipment lender in Norwalk, CT, launched its online customer portal, a powerful, feature-rich digital platform designed to help the company’s nearly 15,000 customers self-manage... Read Story

Maxim Commercial Capital announced robust results for 2022, with increased originations each successive quarter. The hard asset secured lender and lessor launched a new credit tier program for truck financings that has proven popular among truck... Read Story

Financial Partners Group (FPG) celebrated another year of record growth and expansion, closing fiscal year 2022 with $490 million in origination volume. FPG’s maturity in core markets, expansion in new segments, and focus on growth teams drove the... Read Story

The PNC Financial Services Group, Inc. announced the expansion of its environmental finance commitment to $30 billion. The bank initially announced in August 2021 a commitment of $20 billion over five years in support of environmental finance. Since... Read Story

AP Equipment Financing announced the company funded a record $327 million in 2022, representing a 38 percent year-over-year growth. This achievement is a result of the company's continued focus on its strategic plan to advance technologies, develop... Read Story

Trinity Capital Inc., a provider of financial solutions to growth-stage companies, announced highlights for the quarter and year ended Dec. 31, 2022. Trinity finished 2022 with $239 million in new commitments in the fourth quarter, bringing total new... Read Story

North Mill Equipment Finance LLC (NMEF), an independent commercial equipment lender located in Norwalk, CT, announced 2022 was the best year in the company’s 65-year history. Organic lease and loan originations reached an all-time high and financial... Read Story

Solifi, a global fintech software partner for secured finance, announced its newest technology partnership with Codat to make it easier for asset-based lending (ABL) firms to make smarter, faster and actionable credit decisions. Using pre-built APIs... Read Story

Oakmont Capital Services (OCS) celebrates its 25th anniversary this year. Established in 1998 as an equipment finance broker with Joe Leonard, CLFP, at the helm, the company’s journey has been a winding road to success over the past two and a half... Read Story

Equify Financial, LLC offers a dealer application-only program for customers with financing needs between $25,000 and $500,000. The new program offers its customers a fast, easy and efficient transaction process.The dealer application-only program is... Read Story

Xerox Holdings Corporation has entered into a Forward Funding Agreement with PEAC Solutions to drive the continued growth of Xerox’s FITTLE financing business.FITTLE is a global provider of equipment leasing and financing solutions for businesses.... Read Story

Northteq, Inc., a leading provider of Salesforce loan origination solutions, along with FinWise Bank (FinWise), a subsidiary of FinWise Bancorp, announced the successful integration and launch of Northteq’s Aurora Loan Origination System (LOS) to... Read Story

WS Capital Series Fund LLC (WS Capital), which invests in high growth, private corporate entities and Owner Tom Signorelli are rolling out an equipment leasing division that will focus on alternative assets, including aircraft and marine assets. The... Read Story

Umpqua Bank, a subsidiary of Umpqua Holdings Corporation, has been named Oregon's Most Admired Financial Services Company by business and community leaders for the 18th consecutive year. Oregon's largest bank, Umpqua has received the Most Admired... Read Story

National Funding, one of the largest U.S. specialty finance companies serving small- and medium-sized businesses, announced the San Diego Business Journal recognized CEO and founder David Gilbert in the finance section of its annual edition of the SD... Read Story

Crossroads Equipment Lease and Finance, LLC priced its $161 million ABS backed by commercial truck loans to substantial demand, reducing its cost of borrowing and enabling expanded funding options. Crossroads closed the equipment securitization... Read Story

Leasepath, the cloud-first Intelligent Workplace Finance Origination (LOS) and Customer Engagement (CRM) platform built for equipment finance and leasing, announced a fourth and final successful quarterly release to all customer environments globally... Read Story

Honour Capital Co-Founder/CEO Brian Slipka has been recognized as one of the 500 Most Powerful and Influential Leaders in Minnesota in 2022 by Greenspring Media, an initiative of Minnesota Monthly.The Minnesota 500 celebrates Minnesota’s leading... Read Story

APPROVE has promoted Jim Howard to the position of Vice President of Finance Operations, a move that directly follows his achievement of the Certified Lease & Finance Professional (CLFP) credential. He brings a deep knowledge of the equipment leasing... Read Story

Despite a year of economic shifts, Onset Financial has exceeded half a billion dollars in annual fundings for the second year in a row! This repeated achievement highlights Onset’s consistency of discipline, and capacity to help businesses across... Read Story

TimePayment announced it has financed its millionth lease. The achievement shines a spotlight on TimePayment’s commitment to serving a wider range of businesses than most lease financing companies, funding equipment purchases from as low as $500 up... Read Story

ZRG, a global talent advisory firm and portfolio company of RFE Investment Partners, announced it has secured a new secondary equity investment from a consortium of new and existing institutional investors led by Timber Bay Partners.ZRG is a market... Read Story

eCapital Corp. announced the increase of its syndicated bank facility supporting its eCapital Asset Based Lending (ABL) division, including eCapital Healthcare. Wells Fargo Bank acted as the administrative agent for the lenders and, along with... Read Story

Midland Equipment Finance (MEF), the equipment financing division of Midland States Bank, announced it has crossed the $1 billion mark in its portfolio since the division’s 2018 inception.MEF provides finance solutions for U.S.-based businesses in... Read Story

ENGS Commercial Finance Co. has been awarded a Top Workplace 2022 honor by the Chicago Tribune as one of the most dynamic and industry leading businesses in the Chicagoland area. The recognition is based solely on anonymous employee feedback gathered... Read Story

Tamarack Technology, Inc., a provider of artificial intelligence (AI)-based automation and business intelligence software designed for the equipment finance industry, has successfully obtained SOC 2 Type 1 compliance for its suite of AI products and... Read Story

Hanmi Financial Corporation (Hanmi), the holding company for Hanmi Bank, announced its President and Chief Executive Officer Bonnie Lee rang the Nasdaq MarketSite Closing Bell in Times Square, New York in celebration of Hanmi Bank’s 40th... Read Story

Solifi, a global fintech software partner for secured finance, announced the release of its latest version of Solifi Originations for European equipment and automotive finance lenders. The new features are designed to support UK contract-hire use... Read Story

In a webinar on the helicopter market, IBA, an aviation market intelligence and consultancy company, highlighted the growth potential of the helicopter finance and leasing market.Looking at the helicopter market overall, IBA outlined how there are... Read Story

Grant Capital Management, Inc. announced a $460,000 equipment finance lease with the Revenue Authority of Prince George’s County.The company partnered with Passport, a Charlotte-based mobility software and payments company to provide financing for... Read Story

Tamarack Technology has introduced the third and final whitepaper in a series examining the application of artificial intelligence (AI) in the equipment finance industry. Entitled “Distributed Workflows: Innovation that makes remote work work,” the... Read Story

NETSOL Technologies, Inc. announced the opening of a new support and delivery center in Austin, TX. The state-of-the-art facility will have the capacity of accommodating over 100 employees who will facilitate the company’s growing customer base... Read Story

CSI Leasing, Inc. (CSI) has expanded its European operations by opening a subsidiary in Denmark. This expansion follows the recent launch of CSI Nordics in September 2021 and reinforces CSI Leasing's expansion in the Nordic region.The company now has... Read Story

Inovatec Systems, a provider of cloud-based software solutions for lenders, announced its cloud lending platform has obtained ISO 27001 certification of its information management system, ensuring that all data privacy and information security... Read Story

DLL, a global financial solutions provider, launched 2023 Workplace Trend Report - The Hybrid Experience. The report covers the future of the workplace and the hybrid experience, and addresses its impact on the industry’s growth and evolution into... Read Story

Trinity Capital entered into an agreement to co-manage a newly formed joint venture, i40, LLC (the JV), with certain funds and accounts managed by a specialist credit manager with over $5 billion of assets under management. The JV will invest in... Read Story

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

Alfa, provider of Alfa Systems, announced its latest piece of thought leadership in Digital Directions 3.Bringing a conclusion to a series that began in 2017, Digital Directions 3: Building a digital ecosystem for asset finance draws on industry... Read Story

LTi Technology Solutions (LTi), a charter member in the industry, providing a lease and loan cloud platform to equipment and asset-based finance companies, announce it has donated over $4,000 to a local elementary school and non-profit Completely... Read Story

CIT, a division of First Citizens Bank, announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as agent on a $27.78 million credit facility for Applied Optoelectronics, Inc.Founded in 1997 and headquartered in Sugar... Read Story

QuickFi was a finalist and was recognized as highly commended in the Best Use of IT for Lending award announced at the 2022 London Banking Tech Awards. Congratulations to J.P. Morgan for winning the category with its Pre-approved Lending Offers.... Read Story

Triumph Bancorp, Inc. announced the completion of an extensive rebranding effort, including a change of the company name to Triumph Financial, Inc. (the Company or Triumph Financial). The Company’s common stock now trades on NASDAQ under the ticker... Read Story

The Chris Walker Education Fund Board of Trustees is continuing its annual mission in honoring the late NEFA Member and Member of NEFA’s Board of Directors, Chris Walker. The Chris Walker Education Fund focuses on an issue near and dear to Chris’s... Read Story

ENGS Commercial Finance Co. has launched the ENGS Mobile App 3.0, drastically improving the user experience and self-service capabilities. The platform offers a one-stop location for customers to easily manage their account on the go from their... Read Story

Following more than 10 consecutive years of robust growth and the development of an impressive customer base throughout North America, Northpoint Commercial Finance announce its partnership with Elite Recreational Finance which will focus on... Read Story

United Rentals, Inc., the world’s largest equipment rental company, announced its online rental catalog now includes emissions level information for all equipment. The ability to see the emissions level when selecting equipment helps companies make... Read Story

KBRA released its 2023 ABS Sector Outlook, examining key trends from 2022 and providing forecasts for the new year.Persistently high inflation, tighter monetary policy and slowing economic growth have weighed heavily on risk assets in 2022, and the U... Read Story

TimePayment, a fintech company specializing in commercial and specialty equipment lease financing, has announced it has raised its limit for automated approvals for qualified lessees from $15,000 to $25,000. By leveraging the firm’s multiyear... Read Story

Specialty finance provider Mitsubishi HC Capital America announced it has entered into a $20 million facility to provide supply chain financing for an IT value-added reseller (VAR) serving the life sciences sector. With the VAR’s end customer... Read Story

Equipment Finance Cares (EFC) held its last event of 2022 at Blue Street Capital’s new office location in Huntington Beach, CA. The event hosted over 40 equipment finance professionals from 25 different organizations.“The Blue Street Capital team was... Read Story

As we move beyond COVID-driven restrictions, IDC's Future of Customer Experience predictions for 2023 reflect how B2B and B2C businesses must confront a new set of macroeconomic challenges – inflation, global economic instability, and flattening... Read Story

Liberty Commercial Finance LLC has changed its name to Wingspire Equipment Finance LLC, adopted a new logo, and redesigned its website as it integrates with parent company Wingspire Capital Holdings LLC. Earlier this year, Wingspire Capital acquired... Read Story

Jesse Johnson officially launched Consult Disrupt, a consulting organization formed to support equipment finance organizations with their day-to-day operations and technology related projects.“I have been fortunate to work in this industry for the... Read Story

Mid-Atlantic small businesses are optimistic in their ability to keep revenues at their current pace or even increase them in the next year despite economic woes and strains on their costs, a new WSFS Bank Small Business Trends study found.The study... Read Story

DLL received the 2022 “Vendor Finance Provider” and “Best ESG/Sustainability Initiative of the Year” Awards from Leasing Life, one of the top leasing industry journals in Europe, during the Leasing LifeConference & Awards event in Paris, France. The... Read Story

The Volvo Group and North America-based Pilot Company have signed a Letter of Intent for the development of public, high-performing charging infrastructure for medium- and heavy-duty electric vehicles.The partners intend to enter a strategic... Read Story

LTi Technology Solutions (LTi), providing a lease and loan cloud platform to equipment and asset-based finance companies, announced that Victor Finance is powering its digital transformation with the implementation of LTi’s ASPIRE platform.Victor... Read Story

National Funding, Inc., one of the largest U.S. specialty finance companies serving small- and medium-sized businesses, was named to four of Forbes Advisor’s Best of 2022 Awards, including “Best Working Capital Loans,” “Best Online Business Loans,”... Read Story

Northteq, Inc., a provider of Salesforce origination solutions, announced the launch of the Aurora Customer Portal. The portal is a customer servicing platform with an intuitive interface and easy navigation that helps equipment finance lenders... Read Story

The movement towards more technology investment for accountants is driven first and foremost by the need for efficiency, streamlined workflows and added value to their business, according to the latest Annual Accountants Survey: Top Challenges & Tech... Read Story

Bridge Finance Group (BFG), a private credit company that primarily focuses on early-stage, high growth companies in the food and beverage industry, announced $1 million financing for 4th & Heart, a CPG brand offering ghee made from grass-fed... Read Story

The Canadian Finance and Leasing Association (CFLA) released its 2022 Q3 and 4 Industry Business Confidence Survey results. Sentiment on most responses is at its lowest since the survey’s inception in 2019. Twenty-eight percent of respondents expect... Read Story

Small business loan approval percentages at big banks dropped from 14.9 percent in September to 14.7 percent in October, the lowest total since February 2022, according to the latest Biz2Credit Small Business Lending Index.Approval percentages of... Read Story

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

EquipmentShare, a company providing digital solutions for construction, announced it is expanding in Columbia, MO. The company’s new location will serve as its corporate headquarters and represents an investment of nearly $100 million and the... Read Story

Solifi, a global fintech software partner for secured finance, announced the release of its latest version of Solifi Asset-Based Lending (ABL) software, which includes several new and enhanced features designed to improve the lender and borrower... Read Story

Penske Logistics has earned entry onto the 2022 Top Food Chain Providers listing, as announced by Food Chain Digest, the official publication of the Food Shippers of America.The Top Food Chain Provider program highlights third-party logistics... Read Story

Solifi, a global fintech software partner for secured finance, announced its Solifi Asset-Based Lending (ABL) software-as-a-service (SaaS) solution on its open finance platform now supports more than $1 billion in loans outstanding for lenders... Read Story

Inc. Business Media announced the inaugural Power Partner Awards, honoring B2B organizations across the globe that have proven track records supporting entrepreneurs and helping startups grow. The list recognizes 252 firms in marketing and... Read Story

Kroll Bond Rating Agency, LLC (KBRA) assigned preliminary ratings to nine classes of notes issued by SCF Equipment Leasing 2022-2 (SCF 2022-2), an equipment ABS transaction.SCF 2022-2 represents the tenth equipment ABS sponsored by Stonebriar... Read Story

Northteq, Inc., a provider of Salesforce origination solutions, announced that Notarize, a leader in remote online notarization (RON) technology, has joined its growing list of fintech partners. The integration of Notarize within Northteq’s Aurora... Read Story

In the 16 months between two U.S. Bank CFO surveys, finance leaders faced a wave of new challenges, from high inflation to the effects of the war in Ukraine. The 2022 U.S. Bank CFO Insights Report found that finance leaders’ priorities have shifted... Read Story

Quality Leasing Co., Inc. is now Quality Equipment Finance, thanks to a sustained period of record growth and a campaign to realign and reaffirm the company’s brand and positioning.2022 saw growth in staff; restructured operations and management in... Read Story

Solifi announced The Secured Lender named Solifi to its inaugural 2022 Great Places to Work list. This recognition is testament to Solifi’s commitment in attracting and retaining talent through a range of initiatives, including an entrepreneurial... Read Story

Bob Rinaldi of Rinaldi Advisory Services has added to his Leasing Avenues blog with a video interview with Mitch Helman and Scott Lubischer of Sandhills Global. Rinaldi describes Sandhills Global as a prime example of a company morphing from low tech... Read Story

Work Truck Solutions released its third quarter ComTrend Analysis of new and used commercial vehicles. Continuing supply chain issues with new commercial vehicles induced predictable results in used work trucks and vans, but there was also a bit of... Read Story

Tamarack Technology, Inc. has launched a new website domain – tamarack.ai. The domain change supports the company’s vision for the future of equipment finance and reflects Tamarack’s focus on the application of artificial intelligence (AI) and... Read Story

TopMark Funding continues its 2022 trend of record-setting growth as it rounds the corner to close out the last three months of the year. In Q3, TopMark Funding exceeded its revenue goal by 27 percent. The momentum and pace set in the prior quarter... Read Story

CSI Leasing, Inc. Chairman and CEO Steve Hamilton received a 2022 Distinguished Alumni Award from the University of Missouri-St. Louis (UMSL) at its 31st Annual Founders Celebration. The UMSL Alumni Association honors individuals who have... Read Story

The Black Equipment Finance Network (BEFN) announced its formation as an organization tasked with increasing and elevating the participation of black equipment finance professionals in the industry. The networking group consists of management-level... Read Story

KBRA assigned preliminary ratings to four classes of notes issued by MMAF Equipment Finance LLC 2022-B (MMAF 2022-B), an equipment ABS transaction.MMAF 2022-B represents the 18th equipment ABS sponsored by MassMutual Asset Finance LLC (MMAF). MMAF is... Read Story

In another sign of its impressive growth trajectory, LeasePoint Funding Group announced it generated over $35 million in originations during the third quarter of 2022–a 300 percent increase compared to the same period last year.Four talented new team... Read Story

MMP Capital, a commercial financing company specializing in equipment financing, leasing and unsecured capital, has closed out another strong quarter, exceeding $75 million in funding for customers in both the second quarter and third quarter alone.... Read Story

Ivory Consulting Corporation has announced that Trustmark National Bank, a wholly owned subsidiary of Trustmark Corporation, has chosen SuperTRUMP as its pricing tool for its new equipment finance division.“SuperTRUMP is the industry standard and the... Read Story

GreatAmerica Financial Services Corporation announced it will double its charitable giving in the community by launching a new philanthropic fund directed by its employees. The new Employee Advised Fund is in addition to the GreatAmerica Donor... Read Story

Santander Bank, N.A. is introducing Treasury Fusion, its latest digital solution for Commercial Banking clients that integrates banking information directly to companies’ enterprise resource planning (ERP) software systems. Treasury Fusion... Read Story

SR Alternative Credit, LLC (SRAC), formerly Old Hill Partners, announced a deal that provided $10 million in the form of a senior secured one-year term loan to a company that acquires and leases standard 20- and 40-foot shipping containers, among... Read Story

Cadence Bank announced the launch of its new brand identity and corporate website, underscoring its continued commitment to helping people, companies and communities prosper and delivering on its brand promise of creating ease for customers.The... Read Story

North Mill Equipment Finance LLC (NMEF) announced the closing of its sixth commercial equipment backed securitization (ABS), NMEF Funding 2022-B. The $353 million transaction is North Mill’s second ABS transaction this year, bringing the total... Read Story

The Equipment Finance Cares California event will be held on Wednesday, Nov. 16 from 1:30 p.m. to 7 p.m. at Blue Street Capital Headquarters in Huntington Beach, CA. “Equipment Finance Cares is excited to come back to the leasing hotbed of Southern... Read Story

Encina Equipment Finance (EEF) announced it has provided a $15 million lease line to a global industrial safety solutions company to finance new and existing rental equipment, vehicles and trailers.EEF was represented by Reed Smith LLP.Launched in... Read Story

First Citizens Bank announced its Middle Market Banking business provided $19 million in financing to Truckee-Tahoe Lumber Company to provide support for their expanding business operations.Headquartered in Reno, NV, Truckee-Tahoe Lumber (TTL) is a... Read Story

GreatAmerica Financial Services Corporation announced it successfully closed its 22nd term securitization of $637 million in privately placed bonds. S&P and Fitch rated 93.4 percent of the bonds being issued at AAA, with S&P moving to improve the A+... Read Story

Capital One announced it has served as administrative agent for an amended and restated credit facility for EquipmentShare, a nationwide construction solutions provider. EquipmentShare will use the facility, which increased its borrowing capacity... Read Story

Maxim Commercial Capital expanded its target market with positive results during the third quarter. The direct lender launched an enhanced risk-based scoring system for its Truck Financing Program, resulting in lower down payments for owner operators... Read Story

Tamarack Technology, Inc., a provider of independent software and artificial intelligence (AI) solutions in the equipment finance and commercial lending industry, has introduced the first in a series of whitepapers on the application of AI in the... Read Story

CIT Commercial Services, a subsidiary of First Citizens Bank, announced that it has completed a $50 million factoring facility with a West Coast consumer technology firm.CIT worked closely with the client to create a unique factoring arrangement to... Read Story

Eastern Bank announced Crime Prevention Security Systems, LLC (CPSS) as a new commercial customer. Founded in 1975 by John Pastore, Founder and President, and his wife, Randi Elrad, Vice President of Sales, CPSS is a family-owned business.... Read Story

NETSOL Technologies, Inc. has partnered with Amazon Web Services (AWS) to offer services in the cloud computing domain and to provide innovative transformation with cloud-based solutions at scale.While NETSOL’s business model is built around the... Read Story

Regents Capital Corporation, a provider of equipment leasing and financing solutions to middle-market borrowers, announced it has entered into a $100 million three-year revolving credit facility with Bank OZK, a regional bank based in Little Rock, AR... Read Story

QuickFi is a finalist in the London-based 2022 Banking Tech Awards for three categories: Best Embedded Finance Initiative, Best Digital Initiative – Lending and Best Use of IT for Lending. The winning companies will be announced at the awards... Read Story

Gordon Brothers and TAGeX Brands, one of the nation’s largest liquidation resources for restaurants, food service operators, supermarkets and convenience stores, have formed a strategic alliance to provide comprehensive real estate and equipment... Read Story

Verdant Commercial Capital, LLC, one of the top 10 independent equipment finance companies, celebrated its fifth anniversary. The company was founded in 2017 by equipment finance veterans Mike Rooney, Chris Kelley and John Merritt. This team brought... Read Story

KBRA released research on potential ABS exposure in its rated universe of consumer and commercial ABS to Hurricane Ian, which made landfall along Florida’s southwestern coast on Sept. 28 before making landfall a second time near Georgetown, SC.Key... Read Story

Leasepath announced a strategic partnership with DataGardener, a London-based provider of comprehensive business and financial data and lending intelligence tools for credit and risk professionals. Leasepath is a cloud-first Intelligent Workplace... Read Story

QuickFi and Great American Insurance Group launched an API-enabled insurance solution fully integrated into QuickFi’s 100 percent digital equipment financing platform, which is used by banks and global equipment manufacturers to finance equipment at... Read Story

Solifi, a global fintech software partner for secured finance, announced MyTechMag named Solifi as one of the world’s top 10 banking technology solution providers in 2022. Solifi was recognized for its innovative fintech solutions built on the... Read Story

AP Equipment Financing was awarded “The Oregonian: 2022 Regional Top Workplace Award” and funded a record-breaking $92.5 million in the third quarter, a 46 percent year-over-year increase from Q3 2021."Over the past year, we have made strategic... Read Story

National Funding, one of the largest U.S. specialty finance companies serving small- and medium-sized businesses, closed its second asset-backed securitization (ABS) for $125 million. Guggenheim Securities served as sole structuring advisor and the... Read Story

CIT, a division of First Citizens Bank, announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as agent on a $40 million revolving credit facility provided to Biery Cheese. The credit facility refinances Biery Cheese's... Read Story

Pathward, N.A. announced the unveiling of its new corporate brand and the launch of the company’s new website, Pathward.com. This follows the company’s name change from MetaBank, N.A. earlier this year. The new name and branding reflect the company’s... Read Story

Onset Financial has broken another record with a remarkable $150 million in fundings in the third quarter, marking the best third quarter in Onset’s history.Even now, amidst surging inflation, record interest rate hikes and global concerns of... Read Story

Solifi, a global fintech software partner for secured finance, announced the release of its latest version of Solifi Wholesale Finance SaaS solution, which includes several new automated features to better manage inventory audits, provide real-time... Read Story

Equipment Finance Cares (EFC) held an event last week at Auxilior Capital’s new office in Plymouth Meeting, PA . The event hosted over 50 equipment finance professionals, from 30 different organizations.“The Auxilior Capital team was an amazing host... Read Story

Insight Financial Services (IFS), a division of Insight Investments, LLC, announced it has achieved its seventh consecutive completion and recertification of the Service Organization Control (SOC) 1 Type 2 Audit.The latest audit verifies that IFS’... Read Story

Austin Financial Services (AFS), a Los Angeles, CA based provider of asset-based lending solutions to small and medium sized businesses for over 40 years, closed a $115 million debt recapitalization with two lenders, lowering the company’s overall... Read Story

Amidst the growing uncertainty of today’s global supply chain, the 2023 Annual Third-Party Logistics Study gives insight into the challenges and opportunities facing suppliers and third-party logistics providers (3PLs). The publication, created in... Read Story

Fleet Advantage announced Katerina Jones, Vice President of Marketing and Business Development; Jackie Jacobs, CLFP, Senior Fleet Transaction Analyst and Project Manager; and Elizabeth Gomez, Marketing Manager, were recipients of the Supply & Demand... Read Story

NationaLease, one of the largest full-service truck leasing organizations in North America, announced the recipients of this year’s Leadership Circle Awards. These awards, given to 25 member companies, recognize their commitment to NationaLease and... Read Story

Huntington National Bank celebrates the grand opening of Detroit's Huntington Tower, located at 2025 Woodward Avenue. The new tower is located in the heart of The District Detroit, a world-class, mixed-use sports and entertainment district emerging... Read Story

Wheels Donlen, a fleet financing company backed by Apollo, announced the launch of a new equipment finance business that will be focused on providing dynamic funding solutions to the mid-market, large corporate and financial sponsor segments.... Read Story

Amur Equipment Finance, Inc. announced the completion of its 11th term securitization in which it issued $466 million in notes secured by equipment loans and leases originated through its platform. This transaction was rated by Moody’s and DBRS, with... Read Story

Mitsubishi HC Capital Canada announced it has reached $2 billion in financing assets. Founded as CLE Leasing in Grand-Mère, Québec in 1979, the company has grown from a small, local finance shop to become a pan-Canadian specialty finance powerhouse... Read Story

Keystone Equipment Finance Corp., an independent equipment finance company based in Connecticut, has launched its new website at existing domain www.keystoneefc.com. In addition to a complete design makeover, enhanced imagery and new sitemap, the... Read Story

Michael Doyle, Vice President II – Asset-Based Lending at First Business Specialty Finance, LLC, a subsidiary of First Business Bank, announced a recently closed and funded $5.5 million revolving line of credit and equipment term loan for a contract... Read Story

QuickFi won the 2022 Finovate Awards – Best SMB/SME Banking Solution by Finovate, a leading global fintech event series and digital engagement platform.  The awards presented at Finovate 2022 in New York City recognized the bank or financial... Read Story

EquipmentWatch, the industry’s source for heavy equipment data and intelligence, has announced the 2022 finalists for its popular annual Highest Retained Value Awards (HRVA). These are the only industry awards that leverage third-party, unbiased data... Read Story

Trnsact, a commercial equipment fintech company, and Creditsafe, a global credit monitoring and risk management firm, announced a partnership to bring greater clarity and less risk to the commercial equipment financing process. Through this... Read Story

The NFIB Research Center released the latest industry-specific Small Business Economic Trends report highlighting small businesses in the construction, manufacturing, retail, and services industries. The overall Optimism Index in July was 89.9.“Small... Read Story

Solifi, a global fintech software partner for secured finance, announced it was named to the 2022 IDC FinTech Rankings. The 19th annual vendor ranking recognizes the world’s top 100 leading hardware, software, and service providers to the financial... Read Story

A new thought leadership whitepaper co-authored by energy finance specialist Capitas Finance and software platform provider Alfa highlights how energy efficiency can be fast tracked through transformational funding models.Towards energy resilience:... Read Story

CIT, a division of First Citizens Bank, announced that the Specialty Finance unit of its Asset-Based Lending business provided $100 million in financing to Stonegate Capital, a middle-market asset-based lender primarily focused on the consumer... Read Story

Delta Financial Group, an equipment finance platform that provides capital for enterprise-level, business-critical equipment, has received a significant structured growth investment from funds managed by Oaktree Capital Management, L.P. (Oaktree).The... Read Story

Equipment Finance Cares (EFC) announced it has received formal 501(c)(3) status. EFC is an organization that showcases equipment finance professionals and organizations that give back to their local and national communities. The newly formed board of... Read Story

Great American Insurance Group has brought the power of API technology to its insurance programs for commercial equipment finance. These APIs can help accelerate a finance company's funding process and provide more options to their customers looking... Read Story

FORTUNE and Great Place to Work have honored First American Equipment Finance as one of the 2022 Best Workplaces in Financial Services & Insurance (under 1,000 FTE). This is First American’s seventh time being named to this nationwide list, this year... Read Story

Volvo Financial Services (VFS) announced it is investing in the teaching of financial literacy skills for youth in nine countries through a global partnership with Junior Achievement Worldwide. The partnership will see VFS employee volunteers join... Read Story

Solifi, a global fintech software partner for secured finance, announced Kawasaki Motors Finance Corporation (KMFC) – the captive finance arm of Kawasaki Motors Corp. U.S.A., an established global distributor of powersports vehicles – migrated its... Read Story

To better represent its growing role and expanding solutions for commercial equipment finance, DCR Technologies announced it has changed its name to Trnsact.“As Trnsact, we are growing our commitment to provide better solutions for the industry to... Read Story

Insight Financial Services (IFS), a division of Insight Investments, LLC, announced it has been awarded a contract from Choice Partners national purchasing cooperative to provide leasing services for technology equipment. The contract provides Choice... Read Story

Brad Peterson, President & Chief Executive Officer at Channel, announced the company has earned a place on the Inc. 5000 annual list of the fastest-growing private companies in America for a 10th consecutive year. Just under 45,000 companies have... Read Story

TimePayment, an award-winning fintech company and provider of sales financing for specialty equipment sellers, has announced the closing of a new $375 million revolving credit facility, including a $50 million accordion. The facility replaces its... Read Story

Solifi announced the release of its latest version of Solifi Asset-Based Lending (ABL) software, which includes several new and enhanced features designed to provide a richer experience for customers and lenders, mitigate risk, and streamline... Read Story

Fifth Third Private Bank, a division of Fifth Third Bank announced the release of its collaborative research with the National Center for the Middle Market, housed at The Ohio State University Max M. Fisher College of Business. The research provides... Read Story

Charlotte, NC-based equipment and accounts receivable finance company, Commercial Credit, Inc., parent company of Commercial Credit Group Inc. (CCG), Keystone Equipment Finance Corp. and Commercial Funding Inc., has again made the Business North... Read Story

The law firm of Moritt Hock & Hamroff has been named a Top 3 Winner for Best Financial Law Firm for its financial services practice in Long Island Business News' 2022 Annual Reader Rankings List. Long Island Business News reader rankings is an... Read Story

Bank of America clients are increasingly relying on the company’s award-winning digital solutions to manage their finances. Clients logged into the company’s digital platforms nearly 1 billion times in July, the highest month ever. This follows a... Read Story

EquipmentShare, a nationwide construction equipment and technology solutions company, released a white paper on tech trends and how technology is powering a new generation of fleet management tools and best practices. Here are three technology trends... Read Story

Worldwide shipments of hardcopy peripherals declined 3.9 percent year over year to 22.0 million units in the second quarter of 2022 (2Q22). Shipment value decreased 5.3 percent year over year during the quarter to $9.6 billion, according to new data... Read Story

Kapitus, a provider of small business financing, announced the closing of $95 million in additional funding capacity, bringing total debt facilities to $360 million. In July, the company closed a $60 million upsize to its existing securitization and... Read Story

Revelation Machinery, which specializes in the Manufacturing and Industrial industries with services in Auctions/Liquidations, Asset Recovery and Remarketing, was recognized as one of the fastest-growing private companies in the US. Named one of the... Read Story

With the announcement that Med Rep Meeting (Med Rep) and LeasePoint Funding Group (LeasePoint) have partnered to launch Med Rep Financing, medical representatives are now able to prescreen and prequalify physicians for up to $350,000 of medical... Read Story

Best Lawyers in America has recognized nine Moritt Hock & Hamroff attorneys in its 2023 edition. Six attorneys were included in The Best Lawyers in America and three attorneys were included in The Best Lawyers: Ones to Watch in America.Best Lawyers... Read Story

Wolters Kluwer Compliance Solutions has earned eight awards in the 2022 Golden Bridge Awards, including four gold-level wins in product innovation categories for excellence in regulatory change management, compliance program management, lien and... Read Story

Benetrends, the International Franchise Association’s (IFA) preferred vendor for ROBS rollover financing and a trusted franchise and small business funding leader for over 40 years, has been recognized as one of the top franchise suppliers in 2022 by... Read Story

With increasing economic uncertainty, 83 percent of executives are focusing their business strategy on growth, according to the latest PwC Pulse: Managing business risks in 2022. That uncertainty has become the standard with business leaders feeling... Read Story

To support modern expectations for 24/7 access to account information and streamlined account management processes, Tamarack Technology, Inc. has introduced the TrailView Customer Online Support Service portal. Developed to address the immediate... Read Story

Solifi, a global fintech software partner for secured finance, announced the launch of its software-as-a-service (SaaS)-based lease and loan pricing solution for the U.S. equipment and automotive finance industries. The SaaS version of Solifi’s... Read Story

HYPERAMS, LLC announced the completion of the e-commerce liquidation sale of The Grommet. The liquidation, which was conducted entirely via the company’s website, was highly successful and generated significant cost recovery for the business’... Read Story

Chesswood Group Limited announced its subsidiary, Pawnee Leasing Corporation, has closed its marketed U.S. securitization of receivables. Proceeds from this securitization totaled $347 million and will be used to repay Pawnee's warehouse facility and... Read Story

Fortune and Great Place to Work have honored First American Equipment Finance as one of the 2022 Best Medium Workplaces (under 1,000 FTE). This is First American’s seventh time being named to this nationwide list, this year coming in at No. 59.The... Read Story

The Equipment Finance Cares Pennsylvania event will be held on Tuesday, Sept. 20 from 1:30 p.m. to 7 p.m. at the Auxilior Capital Partners Headquarters in Plymouth Meeting, PA.“Equipment Finance Cares is excited to bring our platform to the greater... Read Story

LeaseQuery, a provider of software built to simplify the complexities of accounting, announced the expansive growth of its channel program in recent years. This program aims to grow and nurture partnerships to ensure clients with complex accounting... Read Story

Solifi, a global fintech software provider for secured finance, announced British Car Auctions (BCA) extended its Solifi platform contract to support the expansion of its wholesale finance offering.The BCA Partner Finance service supports dealers... Read Story

Lendistry announced plans to support underserved small businesses across Texas thanks to funding of $5 million provided by Texas Capital Bank. The purpose of this partnership is to open a physical location in Dallas and to provide access to capital... Read Story

Tiger Group is offering for immediate sale an entire fleet of well-maintained, late-model rolling stock previously operated by Buckeye Water Services from its locations in Ohio and Pennsylvania.All assets are available for individual purchase in the... Read Story

Farmers Bank, a state-chartered, FDIC insured bank headquartered in Parsons, TN, has formed a new partnership with a group of investors led by E. H. "Sonny" Bringol, Jr. of Victorian Finance, LLC  in Pittsburgh, PA. Bringol and his team are seasoned... Read Story

FITTLE, the equipment financing business of Xerox Holdings Corporation, announced a strategic partnership with Black Buffalo 3D Corporation, a provider of large-scale 3D construction printers, to help bring the company’s pioneering 3D concrete... Read Story

The July 2022 Senior Loan Officer Opinion Survey on Bank Lending Practices addressed changes in the standards and terms on, and demand for, bank loans to businesses and households over the past three months, which generally correspond to the second... Read Story

TIAA Bank's vendor equipment finance (VEF) team saw a year-over-year jump in new business volume. The growth stems from strong production across VEF served segments, including industrial, healthcare and capital markets. From January to June 2022... Read Story

Alfa, the developer of Alfa Systems, an enterprise software platform for providers of automotive, wholesale and equipment finance, has published a new paper on best practice in systems integration.Part of Alfa’s Innovation in Implementation series... Read Story

Caterpillar Inc.’s CEO Jim Umpleby was among the company executives painting a troublesome picture of ongoing challenges in comments on the company’s second-quarter earnings call. The execs said they see no improvements in supply-chain woes... Read Story

CIT Commercial Services, a subsidiary of First Citizens Bank, announced it increased a New York-based fashion company’s discretionary lending facility to $100 million to support the acquisition of an entity that specializes in children’s apparel.The... Read Story

Pasha Hawaii and Key Equipment Finance announced the delivery of MV George III, a 774-foot Liquefied Natural Gas (LNG) fueled containership that will join Pasha Hawaii’s fleet serving the Hawaii/Mainland trade lane. The vessel is the first LNG... Read Story

Owl Rock, a division of Blue Owl Capital Inc. announced that certain of its funds have made an initial equity commitment to Amergin Asset Management, a newly formed portfolio company created to invest in a leasing platform focused on railcar and... Read Story

Fleet Advantage, an innovator in truck fleet business analytics, equipment financing and life cycle cost management (LCCM) announced significant achievements and results for its fiscal year ending June 30, with notable emphasis on strong customer... Read Story

Kenneth B. Steinback, founder and chairman emeritus of CSI Leasing, Inc. (CSI), one of the world’s largest independent technology leasing companies, died on Saturday, July 30, 2022 at his home in Clayton, MO, after multiple battles with cancer. He... Read Story