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News Stories (4039 Results) - Industry News

Equipment theft is a staggering $100 million-a-year crisis for the equipment rental industry, with more than 360 pieces of equipment vanishing each month, according to the American Rental Association (ARA). This relentless wave of theft not only... Read Story
April 11, 2025, 07:15 AM


Since President Trump’s inauguration, he, his administration and Congress haven’t wasted any time propelling a new agenda for transportation regulations, ACT Research contends. On day one, Trump issued an executive order, Unleashing American Energy.... Read Story
April 07, 2025, 07:12 AM


Fora Financial, a provider of flexible financing to small and medium-sized businesses, announced the closing of $16 million in new unsecured corporate notes, rated investment grade by Egan-Jones Ratings Company. The company also extended the maturity... Read Story
April 04, 2025, 07:00 AM


TAB Bank closed a $13 million lender finance facility for Capital Foundry, a Pittsburgh-based specialty finance lender that provides a variety of debt and credit products as well as business consulting services to small businesses and middle-market... Read Story
March 28, 2025, 07:00 AM


Castlelake, a global alternative investment manager with 20 years of experience investing in asset-based private markets, announced the final closing of Castlelake Aviation V Stable Yield L.P. (the "Fund"). The Fund, together with related aviation... Read Story
March 26, 2025, 06:47 AM


Leasepath, the award-winning provider of the cloud-first CRM, Originations and Customer Servicing platform purpose-fit for the equipment and asset finance industry, is proud to announce the general availability of its latest product enhancement: the... Read Story
March 25, 2025, 07:07 AM


Great American Insurance Group’s Specialty Equipment Division announced a new strategic collaboration with TRNSACT, a sales finance platform for commercial truck and equipment dealers, manufacturers and lenders. Great American Specialty Equipment... Read Story
March 24, 2025, 06:55 AM


Consult Disrupt, a provider of consulting services to the equipment finance industry, announced a strategic partnership with PEQ Performance, a provider of leadership development designed to elevate strategic thinking, enhance team dynamics and drive... Read Story
March 21, 2025, 06:59 AM


Equipment Finance Cares (EF Cares), a non-profit dedicated to fostering connection, philanthropy and industry support within the equipment finance sector announced the next regional networking event, which will take place on Thursday, April 3rd, at... Read Story
March 06, 2025, 07:05 AM


Solifi, a global fintech software partner for secured finance, announced the launch of the 2025 Global Leasing Report. Covering the trends, economic projections and insights into the top 50 leasing markets worldwide, the 19th edition of the report... Read Story
March 04, 2025, 07:10 AM


Sudhir Amembal's sixth “Winning with Leasing!” virtual seminar, held on Feb. 6, was attended by 52 equipment finance professionals. Through the past 10 months, over 300 have attended the frequently offered seminar. The seminar is an extract from his... Read Story
February 13, 2025, 06:48 AM


Verdant Commercial Capital announced that it has exceeded $3 billion in originations since its inception.Verdant’s tremendous growth comes less than 15 months after it surpassed $2 billion in originations and underscores the predictability and... Read Story
February 12, 2025, 07:07 AM


First Citizens Bank announced that its Maritime Finance business provided $26 million in financing to Euroseas Ltd., enabling the container shipping company to add a newly built 2,800 TEU Eco containership to its fleet. Euroseas was formed in 2005... Read Story
February 12, 2025, 07:00 AM


SLIM Capital solidified its position as a leader in the equipment fintech space by investing heavily in innovative technology solutions designed to streamline workflows and enhance efficiency. Despite a challenging economic climate, SLIM Capital... Read Story
February 12, 2025, 06:50 AM


Mitsubishi HC Capital America, a non-bank, non-captive finance provider, announced that Wayne Pass, Senior Vice President and Chief Credit Officer for the Vendor Solutions division, has been named to Equifax’s Commercial Finance Network (CFN)... Read Story
February 12, 2025, 06:40 AM


Encina Private Credit announced that it provided a senior secured credit facility to support the continued growth of Eagle Merchant Partner’s portfolio company Eskola Roofing and Waterproofing (“Eskola”).Founded in 1972 in Morristown, TN, by their... Read Story
February 11, 2025, 07:05 AM


Northteq helped LBX Capital, the financing arm of LBX Company, transform its credit operations using the Aurora platform. This implementation has led to a 311% increase in financed units, a 264% rise in applications and a 275% growth in contracts... Read Story
February 11, 2025, 06:48 AM


Encina Lender Finance (“ELF”) announced that the company has provided a $46 million “first-out” commitment in partnership with a structured credit fund. The facility is secured by a pool of unsecured consumer installment loans.ELF provides... Read Story
February 11, 2025, 06:45 AM


Garnet Capital Advisors announced the closing of the sale of a credit facility collateralized by a $117 million subprime lease portfolio on behalf of the co-lenders, who are leading institutions in the industry. The sale was prompted by the... Read Story
February 10, 2025, 06:55 AM


TAB Bank provided nearly 300 companies with more than $57 million in funding in the fourth quarter of 2024. The financing includes factoring, asset-based and equipment loans, small business lines of credit and more for companies in transportation... Read Story
February 07, 2025, 07:10 AM


ORIX Corporation USA’s Growth Capital business announced it has successfully closed a debt financing facility for Piano Software, a global leader in digital experience management, customer journey orchestration and advanced analytics. The financing... Read Story
February 07, 2025, 07:00 AM


o15 Capital Partners, a mission-driven alternative investment firm, announced the successful close of its inaugural fund, o15 Emerging America Credit Opportunities Fund, at approximately $370 million. The Fund’s capital, together with capital raised... Read Story
February 07, 2025, 06:50 AM


First Citizens Bank and Sixth Street, a leading global investment firm, announced the launch of Sixty-First Commercial Finance, a new platform managed by First Citizens Institutional Asset Management and designed to provide flexible capital equipment... Read Story
February 06, 2025, 07:15 AM


Equipment Finance Cares, a non-profit organization dedicated to supporting the equipment finance industry, announced the appointment of Blair Dawson, chief marketing officer at North Mill Equipment Finance, to its board of directors, reinforcing its... Read Story
February 06, 2025, 07:00 AM


Wingspire Equipment Finance announced the successful funding of over $20 million for a global plastic manufacturing company. The Equipment Finance Agreement (EFA) finance structure enables the acquisition of injection molding machines, improving the... Read Story
February 05, 2025, 07:12 AM


XS Financial, an established equipment finance company serving middle-market storied credits, amended and upsized its current $70 million line of credit with Needham Bank to $100 million, with First Citizens Bank participating for $20 million. XS... Read Story
February 04, 2025, 07:19 AM


Clarus Capital announced that it has increased its exposure to an existing client and leading sponsor-backed transportation service provider by $60 million. Financing proceeds supported strategic growth initiatives including multiple late-stage... Read Story
February 04, 2025, 07:15 AM


Post Road Equipment Finance ("PREF") announced the successful closing of an $80 million sale-leaseback transaction with a leading global manufacturer of precision castings. The company specializes in highly engineered components, serving blue-chip... Read Story
February 03, 2025, 07:15 AM


With the start of a year that is expected to have less inflation, monetary easing and more economic growth, Mitsubishi HC Capital America, the largest non-bank, non-captive finance provider in North America, has outlined six key predictions that are... Read Story
January 31, 2025, 07:15 AM


Leste Group, a global alternative investment manager,  has entered into an agreement to acquire a minority stake in Billor, a vertically integrated freight and fintech platform for U.S. truck drivers, and set up a $335 million credit facility to... Read Story
January 31, 2025, 06:50 AM


NETSOL Technologies, a global business services and asset finance solutions provider, has announced the go-live of its Transcend Finance Platform for a leading Japanese equipment finance company in Australia.NETSOL announced a multi-million dollar... Read Story
January 31, 2025, 06:40 AM


Elevex Capital has launched as a premier commercial equipment financing provider serving North America. Elevex leverages state-of-the-art technologies such as embedded finance, machine learning and AI to offer fast and flexible financing solutions... Read Story
January 30, 2025, 07:15 AM


Equipment Finance Cares (EF Cares) announced the schedule and locations for its 2025 events, emphasizing its commitment to the community and personal connections within the equipment finance industry. “At EF Cares, we prioritize the human aspect of... Read Story
January 30, 2025, 07:10 AM


The national Citizens Business Conditions Index (CBCI) rose to 51.0 in the final quarter of 2024, bolstered by solid corporate revenue trends and sustained strength in the service sector. The reading indicates that business conditions improved... Read Story
January 30, 2025, 07:00 AM


Encina Private Credit (“EPC”) bolstered the size of the team with key hires during 2024, enabling the business to deliver strong new business volume growth of 74% in its first out enterprise value loan product, compared to 2023. Encina continued to... Read Story
January 30, 2025, 07:00 AM


A new report published by Allied Market Research suggests the Equipment Finance Services Market could hit more than $3.08 billion by 2032. According to the report- Equipment Finance Services Market by Type, Provider, and Application: Global... Read Story
January 30, 2025, 06:39 AM


Commercial Capital Company, a provider of capital equipment financing to businesses and equipment vendors, announces another record year achieving $174 million in originations in 2024. This growth reflects the company’s commitment to supporting... Read Story
January 29, 2025, 07:04 AM


Wolters Kluwer, a global leader in professional information, software solutions and services, announced the latest analysis from its Equipment Lease Finance Digital Transformation Index. The index tracks the rate at which equipment lessors and... Read Story
January 29, 2025, 07:02 AM


Jupiter Equipment Finance has marked its 10th anniversary, celebrating a decade of helping businesses nationwide secure the equipment financing they need to grow and succeed. By partnering with equipment dealers to provide their customers with... Read Story
January 29, 2025, 07:01 AM


Versana announced the addition of Bain Capital Credit as a subscriber to its centralized, digital data platform. Bain Capital is one of the world’s leading private investment firms specializing in corporate credit and has become the 13th top-tier... Read Story
January 29, 2025, 06:59 AM


According to the latest State of the Industry: U.S. Classes 3-8 Used Trucks by ACT Research, the Class 8 average retail sale price floated higher in December, to $56,865, or 0.5% higher month over month.“On a y/y basis, prices were 2% lower,” said... Read Story
January 29, 2025, 06:50 AM


AFG and Lightbrook announced the launch of Alliance Equipment Finance, a new standard of efficiency and expertise to equipment financing. Specializing in transactions ranging from $5 million to $50 million, AEF offers businesses streamlined financial... Read Story
January 27, 2025, 07:15 AM


MMP Capital, a private commercial lender specializing in healthcare finance, as well as financing across multiple verticals, announces a record-setting performance in December 2024 and Q4 2024. With total originations hitting $55.6 million for... Read Story
January 27, 2025, 07:10 AM


The global Business Loans market is witnessing steady growth, driven by the increasing demand for financial support among small and medium-sized enterprises (SMEs) and large corporations, according to a new report from Market Research Future, a... Read Story
January 27, 2025, 06:48 AM


DLL, a global vendor finance company, announced the closing of its first U.S. Asset Backed Securitization (ABS) of 2025, “DLLAA 2025-1,” issuing notes totaling $750 million. The transaction is backed by assets of AGCO Finance, the financing provider... Read Story
January 24, 2025, 07:00 AM


Fleet Advantage, an innovator in specialty financing, fleet data analytics, fleet management services and life cycle cost management, announced several key corporate achievements over the past 12 months that helped pave a clearer path to greater... Read Story
January 24, 2025, 06:59 AM


Trinity Capital, an alternative asset manager, announced that its equipment finance vertical has surpassed $1 billion in fundings to high-growth companies since 2018. This milestone underscores the Company's commitment to supporting the growth and... Read Story
January 23, 2025, 07:15 AM


Tiger Finance's lending platform committed more than a quarter of a billion dollars in Fiscal 2024 to support the growth initiatives and working capital needs of borrowers from across the U.S. economy.Loan volume grew throughout fiscal 2024 and... Read Story
January 23, 2025, 07:07 AM


Winter weather is driving significant spot activity in January, but the supply response in the past couple of months has been considerable, according to ACT Research's latest report on the Freight Market. While lower Class 8 supply over the past... Read Story
January 23, 2025, 07:00 AM


Odessa Auto offers lenders the capability to further automate and manage their originator processes. That’s thanks to three important updates the company announced: Intelligent Document Processing (IDP), Electronic Contract Integration (eContract)... Read Story
January 22, 2025, 07:10 AM


December net trailer orders, at 24.3k units, were up 17% from November, but about 3% below the level accepted in December 2023, according to this month’s issue of ACT Research’s State of the Industry: U.S. Trailers report.“This brings full-year 2024... Read Story
January 22, 2025, 07:00 AM


Encina Private Credit announced it has served as the Administrative and Collateral agent on a senior secured credit facility supporting Kingswood Capital Management’s acquisition of Branding Iron Holdings. Branding Iron is a provider of branded and... Read Story
January 22, 2025, 06:53 AM


PEAC Solutions announces significant commercial growth in the U.S. market. The company recently closed the 2024 business year with  $1.49 billion in new business volume, which represents a nearly threefold increase in new business from the $509... Read Story
January 21, 2025, 07:15 AM


Maxim Commercial Capital announced impressive growth during 2024, continuing a multi-year trend. The hard asset secured lender reported a 25% increase in funded deals during the year as compared to 2023. Maxim is a national provider of loans and... Read Story
January 21, 2025, 07:12 AM


Dext Capital announced its participation in the 2025 Providence Hood to Coast Relay, having secured a spot through the event’s highly competitive lottery system.Known as the "Mother of All Relays," the Hood to Coast Relay is one of the largest and... Read Story
January 21, 2025, 07:05 AM


Final North American Class 8 net orders totaled 36.8k units in December, on very strong tractor demand, as published in ACT Research’s latest State of the Industry: NA Classes 5-8 report.“Despite generationally weak profits in for-hire, large fleets... Read Story
January 21, 2025, 07:00 AM


Huntington Business Credit has closed $42 million in new credit facilities with Rush Group Ltd., dba Emotiv. Proceeds of the facility were used to finance capital expenditures and working capital financing.Rush Group, headquartered in Wayne, Michigan... Read Story
January 21, 2025, 06:59 AM


In September, the industry reported an all-time best month for heavy vocational truck orders at 20,000 units (NA, NSA). Over the three months ending November, 38,100 orders were booked, which seasonally adjusts to a 146,900-unit annualized rate, as... Read Story
January 17, 2025, 06:55 AM


Trinity Capital, an alternative asset manager, announced the commitment of $12.5 million in growth capital to Upward Health, an in-home, multidisciplinary medical group providing 24/7 whole-person care.The company partners with health plans and other... Read Story
January 17, 2025, 06:50 AM


December preliminary Class 8 same dealer used truck retail sales volumes finished 2024 strong, surging 23% m/m, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks published by ACT Research.“Looking... Read Story
January 16, 2025, 06:55 AM


Paragon Bank has announced the selection of Alfa to power a new Commercial Lending Transformation Program, replacing its legacy systems and streamlining the end-to-end lending process.The strategic initiative will modernize Paragon’s SME lending... Read Story
January 16, 2025, 06:52 AM


Data from the Association of Equipment Manufacturers (AEM) shows that U.S. sales of Ag tractors and combines fell in November 2024 compared to the previous year.U.S. sales of tractors in all classes dropped 14.5% compared to November 2023. U.S. sales... Read Story
January 16, 2025, 06:50 AM


Concrete Equipment Financial Services (Concrete Financing), a recognized leader in financing concrete equipment and projects, announced it will provide on-the-spot approvals to qualified OEMs, dealers and construction companies during World of... Read Story
January 16, 2025, 06:48 AM


The Alta Group announced the release of its 2025 Insights report. The report provides in-depth analysis and expert forecasts for the year ahead, empowering industry leaders to navigate a dynamic and evolving market.“2025 appears poised to bring a pro... Read Story
January 15, 2025, 07:15 AM


Tamarack Technology and Colorado-based Better Programs, owner of TURBO-Lease software, have formed a strategic partnership to help small and startup equipment finance companies make better use of the data generated by their businesses and elevate... Read Story
January 15, 2025, 07:11 AM


Northteq, a provider of equipment finance loan origination software, has partnered with BSB Leasing, a superbroker that connects brokers with direct funding sources. By implementing Northteq’s Aurora Loan Origination System (LOS), BSB Leasing has... Read Story
January 15, 2025, 06:54 AM


QuickFi announced its recognition as a winner of the 2025 BIG Innovation Awards, presented by the Business Intelligence Group. This honor highlights the company’s embedded lending platform, driving transformation in financial services.The company... Read Story
January 15, 2025, 06:50 AM


Commercial Capital Company, a provider of capital equipment financing to businesses and equipment vendors, announced its selection of Leasepath Enterprise, the origination and servicing platform purpose-built for the equipment finance industry.The... Read Story
January 14, 2025, 07:14 AM


PacLease, a full-service lease and rental company, achieved a significant milestone with the expansion of its franchise network and achieved record location coverage. PacLease set a record in franchise growth in 2024, adding 28 new locations... Read Story
January 14, 2025, 07:07 AM


JetLoan Capital, an independent aviation and marine finance brokerage, arranged financing for 50 aircraft and yachts in 2024, totaling $150 million.Transaction sizes ranged from $500,000 - $22 million.The funding, which spans a diverse range of asset... Read Story
January 14, 2025, 07:06 AM


Encina Private Credit announced it has served as Administrative Agent on a Senior Secured Credit Facility supporting Quadriga Capital portfolio company Ipsen International Holdings, GmbH (“Ipsen”). Ipsen is a global manufacturer of mission-critical... Read Story
January 14, 2025, 06:52 AM


Clarus Capital ("Clarus") announced that it has completed an add-on to an existing equipment lease facility for a sponsor-backed media industry service provider. Incremental proceeds from the lease facility, now totaling $10 million, will continue... Read Story
January 13, 2025, 07:00 AM


C.H. Brown Co. (CHB), a long-time, bank-owned equipment finance lender, recorded significant originations performance for December, the fourth quarter, and 2024. New business volume lending for end-of-month December was 16% higher than November 2024... Read Story
January 13, 2025, 06:55 AM


Huntington Business Credit closed $23,000,000 in new credit facilities with HCI-TSM Holding Corporation on December 23, 2024. Proceeds of the facility were used to refinance existing debt and provide ongoing capital expenditure and working capital... Read Story
January 13, 2025, 06:46 AM


Rosenthal & Rosenthal, a private commercial finance firm, announced the completion of a $4 million purchase ordering financing facility to support a U.S.-based global manufacturing company with a multi-faceted government contract.The company, a... Read Story
January 13, 2025, 06:45 AM


First Citizens Bank announced that its Healthcare Finance division has provided more than $30 million in financing to Stockdale Capital Partners for its acquisition of medical outpatient buildings in California and Texas.Headquartered in Los Angeles... Read Story
January 13, 2025, 06:40 AM


The Certified Lease & Finance Professional (CLFP) Foundation is pleased to announce that 16 individuals who recently sat through the online proctored CLFP exam, have passed.  They are: Melissa Abrahamson, CLFP – Information Systems Manager... Read Story
January 10, 2025, 06:59 AM


A Tiger Group live webcast auction on Jan. 16 will feature more than 50 new and late-model trucking assets—both tractor trucks from well-known makers such as International, Peterbilt, Freightliner, Paccar, Kenworth and Daimler and reefer and dry van... Read Story
January 10, 2025, 06:53 AM


AP Equipment Financing reflects on an exceptional 2024, celebrating both organizational milestones and the recognition of remarkable leaders within its team. AP finalized a record-breaking year with a 58% increase in originations volume in 2024... Read Story
January 09, 2025, 07:02 AM


Huntington National Bank's commercial banking segment continues to expand its corporate, specialty and government banking business with the addition of two industry verticals: the Financial Institutions Group and the Aerospace & Defense Group.The new... Read Story
January 09, 2025, 07:02 AM


Fleet Advantage, an innovator in specialty financing, fleet data analytics, fleet management services and life cycle cost management, announced it has expanded its Trailer Lease Program, which enables flexible trailer lease solutions that provide a... Read Story
January 09, 2025, 06:55 AM


Optimism about the dealmaking environment has reached a five-year high, according to Citizens’ 2025 M&A Outlook. The 14th annual survey of 400 leaders at U.S. middle-market companies and private equity firms revealed that 54% of decision-makers... Read Story
January 09, 2025, 06:55 AM


Preliminary data from FTR indicates that North American Class 8 net orders in December reached 31,900 units, a 7% month-over-month decline but a 23% year-over-year increase. This also outperformed the seven-year December average of 29,716 units... Read Story
January 08, 2025, 06:50 AM


SLR Business Credit announced the funding of a $3.5 million credit facility for Segula Technologies USA, a leading engineer staffing company serving top-tier aerospace, defense, automotive, and energy companies. The credit facility provides... Read Story
January 08, 2025, 06:45 AM


Amur Equipment Finance, an independent equipment finance company, announced a record-breaking year on a number of fronts. Amur funded over $960 million to nearly 11,000 customers in 2024, both records. As well, Amur’s portfolio crossed $2 billion in... Read Story
January 07, 2025, 07:12 AM


Sentry Financial, based in Salt Lake City, recently closed a $68 million equipment lease of AI servers manufactured by NVIDIA, to a deep learning and technology company that assists other companies in building and deploying artificial... Read Story
January 07, 2025, 07:01 AM


Dext Capital has agreed to acquire Honour Capital’s Equipment Finance team, unified under a shared commitment for innovation and purpose-driven financial services. This collaboration underscores Dext’s dedication to providing industry-leading... Read Story
January 06, 2025, 07:15 AM


North Mill Equipment Finance, an independent commercial equipment lender and lessor headquartered in Norwalk, Conn., announced performance milestones in originations for December, the fourth quarter and the full year. Originations soared to an... Read Story
January 06, 2025, 07:10 AM


Clarus Capital announced the closing of a $30 million equipment lease facility for a sponsor-backed packaging company. Financing proceeds facilitated the acquisition of new injection molding and production assets acquired as part of a new, long-term... Read Story
January 06, 2025, 06:55 AM


December preliminary North America Class 8 net orders were 36,500 units, slipping 2.1% m/m but up 39% y/y. Complete industry data for December, including final order numbers, will be published by ACT Research in mid-January.“Strength continues to be... Read Story
January 06, 2025, 06:54 AM


Manitex International (“Manitex” or the “Company”), a leading international provider of truck cranes, specialized industrial equipment and construction equipment rental solutions to infrastructure and construction markets, announced the closing of... Read Story
January 03, 2025, 06:50 AM


FTI Consulting Canada, in its capacity as court-appointed monitor (in such capacity, the "Monitor") of Chesswood Group Limited, Case Funding Inc., Chesswood Holdings Ltd., Chesswood US Acquisitionco Ltd., Pawnee Leasing Corporation, Lease-Win Limited... Read Story
January 02, 2025, 07:05 AM


Mitsubishi UFJ Financial Group (MUFG), a global leader in financial services, and asset management firm DWS Group (DWS) have launched a strategic venture designed to enhance their respective capabilities in underwriting and distributing... Read Story
January 02, 2025, 06:47 AM


Rouse Services reported that used equipment values generally stabilized or moderately improved in November, depending on the product type and sale channel.November 2024 Highlights: Aerial products demonstrated moderate increases at auction and... Read Story
December 31, 2024, 07:00 AM


ACT Research releases a number of key reports and outlooks that affect the equipment finance industry throughout the month. This is a top-line roundup of December's key observations. N.A. Commercial Vehicle OUTLOOK Economy - Based on the second... Read Story
December 30, 2024, 07:05 AM


Lafayette Square was named by the U.S. Small Business Administration ("SBA") as one of four new Small Business Lending Company (SBLC) licensees. SBLCs are granted to SBA 7(a) lenders focused on historically underserved markets to support SBA's... Read Story
December 30, 2024, 05:50 AM


ROMCO Equipment Co. and its parent company, SMT, headquartered in Brussels, Belgium, have acquired Bee Equipment Sales of Lubbock, Texas.Established in 1961 and with 16 locations, ROMCO Equipment Co. provides products for the Texas and New Mexico... Read Story
December 27, 2024, 07:02 AM


According to the latest State of the Industry: U.S. Classes 3-8 Used Trucks by ACT Research, the Class 8 average retail sale price ticked up $230 in November, translating into a 0.4% m/m bump.“On a y/y basis, prices were 4.4% lower,” said Steve Tam... Read Story
December 24, 2024, 07:00 AM


Data from the Secured Finance Network revealed generally mixed results in the asset-based lending market for the third quarter, with deal activity receding in response to fewer new client commitments, and the portfolio performance index improving for... Read Story
December 24, 2024, 07:00 AM


Equipment Finance Advisor's offices will be closed Wednesday, December 25th and Thursday, December 26th for the Christmas holiday. We will return with our Daily eNews on Friday, December 27th.We wish all of our readers, advertisers, contributors and... Read Story
December 24, 2024, 06:00 AM


Sallyport Commercial Finance announced a $2 million funding solution for a cutting-edge manufacturing and technology company utilizing AI to provide a frictionless sales environment. The funding package includes $2 million in combined Accounts... Read Story
December 23, 2024, 06:45 AM


Cohn & Dussi announced that five of its attorneys have been recognized as Top Lawyers by Boston magazine for 2024. This prestigious accolade is a testament to the firm's commitment to excellence and the outstanding expertise of its attorneys.The... Read Story
December 20, 2024, 07:05 AM


November net trailer orders, at 20,800 units, were up 23% from October, but 4% below the level accepted in November 2023, according to this month’s issue of ACT Research’s State of the Industry: U.S. Trailers report.“November’s trailer orders bring... Read Story
December 20, 2024, 07:00 AM


Truepic, the enterprise solution for digital content authenticity, and Northteq have partnered to launch a next-generation solution that automates site inspections for equipment finance lenders. Lenders are now able to streamline equipment... Read Story
December 20, 2024, 06:55 AM


Wingspire Equipment Finance announced that it has structured $10MM in equipment financing for a global leader in agricultural manufacturing. The funding will be used to update and refresh the client's flagship Canadian manufacturing facility.The... Read Story
December 19, 2024, 07:05 AM


Clarus Capital announced the closing of an $11 million equipment lease facility for a leading U.S.-based manufacturer and distributor of food products. The financing will enable the company to acquire essential transportation and material handling... Read Story
December 19, 2024, 06:59 AM


Final North American Class 8 net orders totaled 37.2k units in November, on very strong tractor demand, as published in ACT Research’s latest State of the Industry: NA Classes 5-8 report.“Given the generationally weak profits experienced by for-hire... Read Story
December 19, 2024, 06:58 AM


RELAM, a lessor of railroad maintenance-of-way (“MOW”) equipment and portfolio company of Paceline Equity Partners, announced it has acquired Falcon Equipment, an equipment solutions and specialty truck company headquartered in Surrey, British... Read Story
December 18, 2024, 07:15 AM


LTi Technology Solutions announced it has donated more than $3,700 to local Women’s Center for Advancement (WCA). Each year, LTi chooses organizations to give back to. This year, LTi chose WCA. Employees could either donate money to their local... Read Story
December 18, 2024, 07:00 AM


The RSM US Middle Market Business Index (MMBI), presented by RSM US LLP (“RSM”) in partnership with the U.S. Chamber of Commerce, increased to 131.8 in the fourth quarter from 130.4 in the prior period on a seasonally adjusted basis. The MMBI survey... Read Story
December 18, 2024, 07:00 AM


Preliminary net trailer orders rose about 4,000 units from October to November, but at 20,500 units, were lower compared to last November, down 4% y/y. Seasonal adjustment (SA) at this point in the annual order cycle lowers November’s tally to 15,000... Read Story
December 18, 2024, 06:58 AM


Sallyport Commercial Finance announced a $750,000 factoring facility for a growing client in the disposal services industry. The client offers a comprehensive range of waste management and recycling solutions in the multi-residential space.The client... Read Story
December 18, 2024, 06:52 AM


Madison Capital announced that, effective Dec. 31, 2024, it will no longer offer direct financing for new equipment and vehicles. The company will continue to service existing clients and active accounts, while also working as an intermediary for... Read Story
December 17, 2024, 07:14 AM


Trinity Capital announced the commitment of $50 million in equipment financing to Form Energy, an American technology company developing and commercializing a new class of cost-effective, multi-day energy storage systems.Form Energy aims to reform... Read Story
December 17, 2024, 07:00 AM


November preliminary Class 8 same dealer used truck retail sales volumes held steady, slipping 1.3% m/m, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks published by ACT Research.“Given that... Read Story
December 17, 2024, 06:59 AM


Eclipse Business Capital announced that it has provided a $135 million ABL credit facility to a service provider in the waste management industry.The credit facility is secured by accounts receivable and related business assets. The transaction will... Read Story
December 17, 2024, 06:58 AM


Gordon Brothers, the global asset experts, has provided Toys"R"Us Canada C$120 million in financing consisting of a C$100 million first-lien revolving credit facility and a C$20 million first-in, last-out term loan to support ongoing borrowing needs.... Read Story
December 17, 2024, 06:57 AM


Aquila Air Capital announced that Wafra, a New York-based, global alternative asset manager, completed the acquisition of its platform from Warburg Pincus.Wafra entered into a definitive agreement to acquire a controlling interest in Aquila on... Read Story
December 17, 2024, 06:45 AM


Clarus Capital announced the successful closing of a $12 million equipment loan facility designed to support the modernization initiatives of a private equity backed specialty manufacturing company. The financing allows the client to invest in... Read Story
December 16, 2024, 07:05 AM


HYPERAMS, in partnership with Rabin Worldwide, has been commissioned to conduct an exclusive online-only auction for a collection of late-model food processing and packaging equipment from a former cheese snack production facility. The auction... Read Story
December 16, 2024, 06:50 AM


Global Net Lease announced continued progress on its strategic disposition plan. Through Dec. 9, 2024, GNL has closed $620 million of dispositions, and, together with its pipeline of potential asset sales, dispositions currently total $1.1... Read Story
December 13, 2024, 07:02 AM


In an era where adaptability defines success, AP Equipment Financing is making the move to further embrace remote work. Starting December 12th, 2024, the company will operate as a primarily remote organization. This milestone reflects AP’s commitment... Read Story
December 12, 2024, 07:10 AM


Amerisource Business Capital has completed the successful closing and funding of a $13,000,000 senior credit facility for a specialty manufacturer of plugs and tapes based in Wisconsin. The loan proceeds were used for working capital and to refinance... Read Story
December 12, 2024, 07:00 AM


Truist Financial announced it received the highest overall rating of "Outstanding" from the Federal Deposit Insurance Corporation for its most recent Community Reinvestment Act examination period, from 2020-2022. The CRA encourages banks to help meet... Read Story
December 12, 2024, 06:52 AM


WesBanco and Premier Financial announced that WesBanco's shareholders and Premier's shareholders have each voted overwhelmingly to adopt and approve, as applicable, all proposals relating to the previously announced merger agreement for WesBanco to... Read Story
December 12, 2024, 06:48 AM


Regional farming and construction leasing company LSI Equipment has implemented Tamarack Technology’s DataConsole business intelligence in tandem with the TURBO-Lease back-office software to support business growth and drive operational efficiency.... Read Story
December 11, 2024, 07:05 AM


Fora Financial announced the closing of a two-year, $200 million revolving credit facility. ATLAS SP Partners, the warehouse finance and securitized products business majority owned by Apollo funds, will serve as senior lender for the credit facility... Read Story
December 11, 2024, 07:01 AM


A well-established company known for its innovative professional beauty products sought to expand its reach to new retailers. However, the business faced challenges due to insufficient working capital to fulfill anticipated large orders from these... Read Story
December 11, 2024, 06:55 AM


A Serial Entrepreneur’s New BusinessIn 2019, Flatbay's client decided to invest in a new venture, placing their headquarters in Austin. The commercial building is used to support several businesses in beverage hardware, lighting and commercial... Read Story
December 10, 2024, 07:02 AM


Shepherd Ave Capital Acquisition Corporation closed its initial public offering of 8,625,000 units at a price of $10.00 per unit, for aggregate gross proceeds of $86,250,000. The offering size reflects the full exercise of the underwriter’s... Read Story
December 10, 2024, 07:00 AM


Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, announced the closing of a $55 million senior secured term loan facility with AirBoss of America, the second largest rubber solutions and custom... Read Story
December 10, 2024, 07:00 AM


Synovus has launched its newest initiative, Accelerate Trade, a portal for international business clients to manage global trade finance products more efficiently and transparently.Accelerate Trade will streamline and automate processes, enabling... Read Story
December 10, 2024, 06:40 AM


Pilot Wave Holdings ("Pilot Wave"), a leading technology-focused acquisition and growth firm, closed on an increase of its existing $6MM credit facility with Aequum Capital to $15MM. The upsize allows Pilot Wave to increase borrowing capacity across... Read Story
December 09, 2024, 07:10 AM


Eldridge Industries is launching Eldridge, an asset management and insurance holding company with approximately $74 billion in assets under management. And Eldridge will be wholly owned by Eldridge Industries and consist of two divisions: Eldridge... Read Story
December 09, 2024, 06:00 AM


Harbor Point Equipment Finance ("Harbor Point"), a new equipment finance platform, announced its official launch. Harbor Point specializes in providing capital to the equipment finance industry across a variety of asset types.Harbor Point is focused... Read Story
December 06, 2024, 07:15 AM


The London-based Banking Tech Awards announced QuickFi as the winner of the Best Embedded Lending Platform at the annual awards ceremony at the Royal Lancaster Hotel.Among finalists such as Morgan Stanley, JP Morgan Chase, Wells Fargo, Bank of... Read Story
December 05, 2024, 06:38 AM


BlackRock and HPS Investment Partners, a leading global credit investment manager with approximately $148 billion in client assets, have entered into a definitive agreement for BlackRock to acquire HPS for approximately $12 billion, with 100% of... Read Story
December 03, 2024, 07:03 AM


Starling Bank announced the appointment of Adeel Hyder to its Executive Committee as Managing Director of SME Banking.Adeel joins Starling from TSB, where he most recently served as Business Banking Director, playing a pivotal role in shaping and... Read Story
December 02, 2024, 07:00 AM


Amerisource Business Capital is pleased to announce the successful closing and funding of a $3,000,000 term loan and revolving credit facility for a utility consulting firm located in Texas. Allison Billings, Market Manager at Amerisource, said, “We... Read Story
December 02, 2024, 06:55 AM


A recent report from The Business Research Company shows the farm equipment rental market size has grown strongly in recent years. It will grow from $55.12 billion in 2023 to $58.63 billion in 2024 at a compound annual growth rate (CAGR) of 6.4%.The... Read Story
December 02, 2024, 06:45 AM


Truist Financial announced a new initiative, Truist Cares for Western North Carolina, a three-year, $725 million commitment to support critical small business, housing and infrastructure efforts in Western North Carolina as communities impacted by... Read Story
November 27, 2024, 06:47 AM


The Volume Index increased 7.4 points in October to 56.9, seasonally adjusted (SA), from 49.5 in September. The rebound in volumes m/m may be tied to recent port and hurricane disruptions, but broadly speaking, freight demand trends are gradually... Read Story
November 27, 2024, 06:47 AM


SouthStar Capital announced the provision of a $4 million Accounts Receivable facility to a second-generation, family-run manufacturing company that serves industries such as aggregate, sawmill and asphalt. Since the 1980s, the company has built a... Read Story
November 27, 2024, 06:46 AM


Gateway Trade Funding, a PO and Stretch Financing company, announced it completed the following stretch finance transactions: A $300,000 facility to a US oil and gas equipment company selling to US corporations. A $750,000 facility to a US... Read Story
November 27, 2024, 06:45 AM


Capstone Partners released its 2024 Middle Market Business Owners Survey Report, with insights from privately-owned companies across the U.S. This report combines Capstone's in-depth middle market knowledge with proprietary data obtained from 404... Read Story
November 26, 2024, 07:05 AM


October net trailer orders, at 16,900 units, were up 40% from September, but 52% below the level accepted in October 2023, according to this month’s issue of ACT Research’s State of the Industry: U.S. Trailers report.“Cancellations moved lower in... Read Story
November 26, 2024, 07:00 AM


Old National Bancorp and Bremer Financial (“BFC”) announced that they entered into a definitive merger agreement. Founded in 1943, BFC is the bank holding company for Bremer Bank.As of Sept. 30, 2024, Bremer had $16.2 billion in total assets, $11.5... Read Story
November 26, 2024, 06:53 AM


The truckload market is fairly balanced as 2024 nears an end, but it is changing, according to the latest release of the Freight Forecast: Rate and Volume OUTLOOK report from ACT.“Currently, with a significant capacity contraction by for-hire fleets... Read Story
November 25, 2024, 07:00 AM


Women We Admire announced The Rising Star Women Leaders of Banking for 2024. The banking sector, an ever-evolving industry with significant influence on the global economy, relies on adaptable, strategic leaders to navigate its complexities. As the... Read Story
November 25, 2024, 06:48 AM


EverBank announced an expansion of its commercial banking portfolio with the launch of its Public Finance division. Industry expert Trevor Mael, a proven leader in the public finance space, has been appointed as director to lead the division.The... Read Story
November 22, 2024, 07:10 AM


Capteris announced the closing of a $60 million capital lease facility for a private equity owned, specialty transportation and logistics company.The sponsor, along with the company’s executive team, identified multiple tuck-in acquisition targets... Read Story
November 22, 2024, 07:05 AM


Beacon Funding announced it has been certified by Great Place To Work for the fourth year. This prestigious award is based entirely on the feedback from Beacon Funding's employees about their experiences working at the company. This year, 92% of... Read Story
November 22, 2024, 07:00 AM


PPL Group has engineered the sale of a Texas-based structural steel fabrication facility and equipment to a regional operator who will rehire employees and restart the business. The company was in bankruptcy and had ceased operations earlier this... Read Story
November 22, 2024, 06:52 AM


Final North American Class 8 net orders totaled 30,600 units in October, with ongoing strength in the vocational market, as published in ACT Research’s latest State of the Industry: NA Classes 5-8 report.“Vocational truck orders totaled 9.5k units... Read Story
November 22, 2024, 06:51 AM


Q2 Holdings announced that First Pacific Bank has chosen Q2’s industry-leading digital banking platform to expand its capabilities and strengthen its competitive edge in the commercial banking market.Founded in 2006 as Friendly Hills Bank and... Read Story
November 22, 2024, 06:50 AM


Mitsubishi HC Capital America announced several key enhancements and improvements to Propel, its proprietary, best-in-class digital transaction and portfolio management system.Propel is designed specifically for the company’s vendors, brokers and... Read Story
November 21, 2024, 07:13 AM


PEAC Solutions received the 2024 Sustainability Initiative of the Year Award from Leasing Life, a European leasing industry journal, during the 21st Leasing Life Conference & Awards event in Milan, Italy. The annual event highlights the many... Read Story
November 21, 2024, 07:11 AM


First Citizens Bank announced that its Healthcare Finance division has closed a $125 million senior credit facility for New Day Healthcare, a market-leading provider of home-based services.The funding will refinance New Day’s existing debt... Read Story
November 21, 2024, 06:45 AM


Trucking activity in the United States rose modestly in October, according to the American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index, the third increase since July."The slow, and choppy, climb off of the bottom... Read Story
November 20, 2024, 06:55 AM


SS&C Technologies Holdings announced findings from a new survey: financial services companies are increasingly leveraging artificial intelligence (AI) to drive operational value. Conducted at the 2024 SS&C Deliver conference, the survey of 213... Read Story
November 20, 2024, 06:52 AM


Linedata announced the launch of its structured finance offering. Integrated with Linedata Ekip360, it simplifies the management of complex structured finance structures for investment banks and credit institutions. The entire value chain is covered... Read Story
November 20, 2024, 06:45 AM


Solifi has received an accolade for ESG Portfolio Strategist in the Digital Innovation of the Year (ESG) category at Leasing Life Awards 2024. Taking place in Milan, Italy on Nov. 14, the awards celebrate innovation and talent in the industry.“We are... Read Story
November 19, 2024, 07:02 AM


Vizient announced the launch of Capital Spend Insights, an online tool to help providers optimize their capital spend. The new platform, which simplifies capital equipment procurement, is the latest addition to Vizient’s suite of capital equipment... Read Story
November 19, 2024, 07:00 AM


FTR reported that October looked like September for some key indicators for the industrial and consumer sectors. Industrial production declined, although some of the weakness was due to factors unrelated to the economy. Retail sales continued to rise... Read Story
November 19, 2024, 06:45 AM


DLL received two awards at the 21st Leasing Life Conference and Awards event organized by the Arena International Events Group in Milan, Italy, on Nov. 14. The Leasing Life awards were granted for Vendor Finance Provider of the Year and Energy... Read Story
November 18, 2024, 07:05 AM


October preliminary Class 8 same dealer used truck retail sales volumes increased 29% month over month, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks published by ACT Research.“Following the... Read Story
November 18, 2024, 07:01 AM


Preliminary net trailer orders rose roughly 4,800 units from September to October, but at 16,900 units, were lower compared to last October, down 52% year over year, according to a new report from ACT Research. Seasonal adjustment (SA) at this point... Read Story
November 18, 2024, 06:50 AM


With the election now behind us, many business owners are planning for 2025. A recent KeyBank Small Business Flash Poll found 61% of respondents indicated they were likely to seek clarity and hold off on major business decisions until after the... Read Story
November 15, 2024, 07:15 AM


The American Society of Appraisers (ASA) announced the launch of the Certified Equipment Management Professional (CEMP) Program, the first certification specifically designed to meet the unique needs of equipment managers, asset managers and other... Read Story
November 15, 2024, 07:10 AM


NationaLease, one of the largest full-service truck leasing organizations in North America, recently held its 2024 Canadian Leadership Summit in Montreal, Quebec. The exclusive event, dedicated to NationaLease Canadian members and suppliers, offered... Read Story
November 15, 2024, 06:48 AM


Corporate Fleet Leasing has implemented Northteq's Aurora Loan Origination System (LOS). This transition from Excel based systems has significantly improved its leasing processes, enabling faster deal processing through one-time data entry. By... Read Story
November 14, 2024, 07:17 AM


LEASING101, a leading provider of leasing consulting and education, announced the launch of a new training program designed to elevate the leasing knowledge of entire teams. The program, developed by Bill Bosco, CEO of LEASING101, offers... Read Story
November 14, 2024, 07:16 AM


The latest study released on the Global Construction Equipment Market by USD Analytics forecasts the market to double in size during the next decade.The construction equipment market is driven by infrastructure development, rapid urbanization and... Read Story
November 14, 2024, 07:16 AM


Rosenthal & Rosenthal announced the completion of an asset-based lending transaction and a factoring transaction totaling $5 million. A well-established handbag and accessories business that had historically been focused in the wholesale channel... Read Story
November 14, 2024, 07:15 AM


October preliminary North America Class 8 net orders were 30,600 units, down 5.2% year over year. Complete industry data for October, including final order numbers, will be published by ACT Research in mid-November.“After a strong start to the... Read Story
November 14, 2024, 07:10 AM


Equify Financial announced the launch of its new division offering receivables lending and ABL capital solutions that will serve a variety of industry sectors. The new division is officially named Equify Business Funding. The expansion demonstrates... Read Story
November 14, 2024, 07:06 AM


TAB Bank announced it has provided a $5 million credit facility to CoreCentric Solutions, a provider of recovery, repair and return-to-market services for appliances, appliance parts and consumer goods. This financing will support CoreCentric... Read Story
November 14, 2024, 07:05 AM


Janus Henderson announced the launch of the Janus Henderson Income ETF. The new ETF seeks high current income with a secondary focus on capital appreciation. The Fund pursues its investment objective by primarily investing across fixed income sectors... Read Story
November 14, 2024, 06:47 AM


MC2 Finance announced its new partnership with FlexPath® DXP, a pioneer in digital identity verification and credit prequalification technologies. Through this partnership, MC2 will utilize FlexPath’s patent-pending VeriQual™ solution to streamline... Read Story
November 13, 2024, 07:05 AM


New research from S&S Insider found that the global Medical Equipment Financing Market is projected to expand significantly from a value of $148 billion in 2023 to $340.5 billion by 2032, growing at a robust CAGR of 9.7% between 2024 and 2032.The... Read Story
November 13, 2024, 06:58 AM


Rosenthal & Rosenthal announced the completion of three recourse factoring transactions totaling $6.5 million. A leading supplier of dairy products both domestically and internationally was in need of a working capital lender after the company... Read Story
November 13, 2024, 06:50 AM


Post Road Equipment Finance announced the successful completion of two landmark transactions in the specialty chemicals sector, reinforcing its role as a trusted financing partner for leading companies in the industry.In the first transaction, Post... Read Story
November 12, 2024, 07:15 AM


FTR Transportation Intelligence released its Weekly Transportation Update and at the top of the list is the Trump presidency, which is expected to disrupt a number of policies affecting transportation. The Federal Reserve cut interest rates by 0.25%... Read Story
November 12, 2024, 07:12 AM


DLL introduced its new and improved Equipment Showroom. The platform showcases used equipment from across the globe and gives customers a seamless buying experience, with options to buy and bid on pre-owned, end of lease equipment assets. The... Read Story
November 12, 2024, 07:10 AM


PNC Bank announced it is increasing its branch investment by $500 million to open more than 100 additional new branches and renovate 200 more existing locations across the country. These plans expand upon the 100 new locations and 1,200 branch... Read Story
November 12, 2024, 06:45 AM


Dext Capital, a leading essential-use healthcare and technology equipment lessor, announced the upsize of its investment-grade corporate note. The proceeds will be used to fund new originations and growth initiatives.Brean Capital, LLC served as the... Read Story
November 11, 2024, 07:10 AM


IBC Bank announced a strategic partnership with Finanta, a pioneer in financial technology solutions, aimed at revolutionizing its commercial loan originations, collateral management, portfolio management and all lines of business in commercial... Read Story
November 11, 2024, 07:05 AM


Wingspire Capital provided a $25 million revolver to Aftermarket Performance Group (“APG”), a leading vertically integrated wholesale distributor, e-tailer and manufacturer for performance aftermarket parts and accessories for enthusiasts in the... Read Story
November 11, 2024, 07:03 AM


The modern transportation industry is a critical pillar of the nation’s economy, with an even deeper impact on communities and families. For the eighth consecutive year, Fleet Advantage sponsored the Kids Essay Contest at the 2024 International... Read Story
November 11, 2024, 07:00 AM


PPL Group announced it executed a successful two-day auction, selling over 1,000 lots of equipment and inventory, including fabrication, welding and laser cutting machinery, as well as more than $1.5MM of kitchen appliances including refrigerators... Read Story
November 11, 2024, 06:50 AM


North Mill Equipment Finance announced the acquisition of 100% of the stock of TF Group (“Taycor Financial”), a technology-driven finance provider in El Segundo, Calif. Taycor Financial will continue to operate as an independent division of NMEF... Read Story
November 08, 2024, 07:15 AM


Garnet Capital Advisors announced the sale of a $54 million C&I loan portfolio on behalf of one of the 25 largest commercial U.S. financial holding companies.The portfolio was comprised of approximately 200 relationships with mixed payment... Read Story
November 08, 2024, 07:00 AM


Horizon Technology Finance, an affiliate of Monroe Capital, and a specialty finance company that provides capital in the form of secured loans to venture capital-backed companies in the technology, life science, healthcare information and services... Read Story
November 08, 2024, 06:45 AM


KLC Financial announced that Amy Lewis, Vice President of Operations, has been awarded a Top Women in Finance Award from Finance & Commerce. With over 25 years of experience in the equipment finance and leasing industries, Lewis has made a... Read Story
November 07, 2024, 07:10 AM


Peapack-Gladstone Financial, the holding company for Peapack-Gladstone Bank, a $6.8 billion commercial bank headquartered in Bedminster, N.J., announced an expected rebrand on or about Jan. 1, 2025. The bank and its wealth management division, having... Read Story
November 07, 2024, 06:45 AM


eCapital announced the successful upsizing of its subsidiaries’ asset-based lending (ABL) facility, which expanded from $815 million to $987 million. This upsizes, agented by Wells Fargo and backed by a syndicate of premier banks, aligns with... Read Story
November 07, 2024, 06:00 AM


LTi Technology Solutions announced that Battle Horse Financial has chosen the ASPIRE Express platform to support its expanding portfolio, improve operational efficiency and ensure compliance with regulatory standards. Rapid business growth prompted... Read Story
November 06, 2024, 07:10 AM


FTR reported that preliminary North American Class 8 net orders in October totaled 28,300 units, marking a 14% month-over-month (m/m) decline but a 2% year-over-year (y/y) increase. This figure falls somewhat short of seasonal expectations as the... Read Story
November 06, 2024, 07:01 AM


Sudhir Amembal, an affiliate of Rinaldi Advisory Services, announced that his next one-day virtual Winning with Leasing seminar will be held on Feb. 6, 2025. Five previously scheduled seminars, held between May and October, attracted over 200... Read Story
November 06, 2024, 06:50 AM


Dedicated Financial GBC announced its 10th Anniversary Celebration Gala, scheduled for Jan. 10th, 2025, at the JW Marriott—Mall of America. The event promises an unforgettable evening of entertainment, reflection on a decade of achievements and a... Read Story
November 06, 2024, 06:47 AM


An outdoor apparel manufacturer approached Republic Business Credit for an asset-based loan when its existing senior lender could no longer support the company’s accelerated growth. Republic was able to provide a $15 million asset-based loan and... Read Story
November 06, 2024, 06:45 AM


October preliminary North America Class 8 net orders were 30,600 units, down 5.2% year over year. Complete industry data for October, including final order numbers, will be published by ACT Research in mid-November. “After a strong start to the... Read Story
November 05, 2024, 06:58 AM


Willis Lease Finance reported that on Oct. 31, 2024, the Company entered into a new, $1 billion, five-year, revolving credit facility (the “Credit Agreement”) among WLFC, certain wholly-owned subsidiaries of WLFC, as guarantors, the lenders party... Read Story
November 05, 2024, 06:52 AM


CapitalPlus Financial Services, a provider of construction-focused financial solutions, has extended a $1 million factoring facility to a Florida-based underground utility contractor, empowering the business to take on new projects without waiting... Read Story
November 05, 2024, 06:45 AM


North Mill Equipment Finance, an independent commercial equipment lessor headquartered in Norwalk, Conn., announced a new company record in monthly funded volume, surpassing $73 million in October, exceeding the previous high by more than $15 million... Read Story
November 04, 2024, 07:15 AM


grenke AG, a global financing partner for small and medium-sized enterprises, has opened its second location in the U.S. From the new location in Chicago, the company will serve the entire Central, North and South East region. grenke has already been... Read Story
November 04, 2024, 07:12 AM


Ameris Bank has promoted Brian Parks to the newly created role of head of Wholesale Banking, reporting to Ameris Bank President Lawton Bassett. Parks will be based in Atlanta and oversee Treasury Management, Industry Specialty Banking, Commercial... Read Story
November 04, 2024, 06:45 AM


FTR’s Shippers Conditions Index rose in August to 2.9 from the 0.5 reading in July due to falling fuel costs and weaker freight rates. Factors that tend to have a more indirect impact on shippers – freight volume and capacity utilization – were... Read Story
November 04, 2024, 06:00 AM


Silicon Valley Bank (SVB), a division of First Citizens Bank, has provided a $50 million growth capital facility to Bugcrowd, a provider of crowdsourced cybersecurity solutions. Bugcrowd brings the collective ingenuity of organizations and hackers to... Read Story
November 04, 2024, 05:47 AM


Acquis, an insurance provider to the asset finance industry, has entered an agreement with Allianz Global Risks US Insurance Company (doing business under the trade name Allianz Commercial) to distribute and underwrite insurance coverage. Allianz and... Read Story
November 01, 2024, 07:15 AM


Three attorneys from Cohn & Dussi were named to the 2024 Super Lawyers List: Lewis J. Cohn, Michael H. Theodore and Shawn M. Masterson. One attorney was named to the 2024 Rising Stars List: Andrew B. Glaab. Only 5 percent of lawyers are named to the... Read Story
November 01, 2024, 07:05 AM


TD Bank announced that it ranked No. 1 for the eighth consecutive year in total number of approved U.S. Small Business Administration (SBA) loans in its Maine-to-Florida footprint for the Small Business Administration's 2024 fiscal year. TD was also... Read Story
November 01, 2024, 07:00 AM


Assurant, a global business services company that supports, protects and connects major consumer purchases like automobiles, as well as commercial equipment (including heavy trucks and construction, agriculture equipment, forestry and office... Read Story
November 01, 2024, 06:45 AM


Truck freight shipments and spending continued to contract in the third quarter, albeit at a slower pace than earlier this year, according to the latest U.S. Bank Freight Payment Index. Shipments were down 1.9% compared to the previous quarter while... Read Story
November 01, 2024, 06:36 AM


Merchants Financial Group announced third quarter earnings of $14.26 million. Net income fell in the third quarter to $3.92 million from $5.84 million in 2023’s third quarter and was lower than company expectations. An additional provision to... Read Story
November 01, 2024, 06:23 AM


Sudhir Amembal, CEO of Amembal & Halladay and an affiliate of Rinaldi Advisory Services, instructed his flagship virtual seminar, Winning With Leasing!, exclusively for members of the American Association of Commercial Finance Brokers (AACFB). The... Read Story
October 31, 2024, 07:00 AM


eCapital closed a $100 million increase to its existing secured junior capital facility with Ares Management Credit funds, bringing the total facility size to more than $330 million. This latest increase supports eCapital’s continued growth and... Read Story
October 31, 2024, 06:45 AM


The latest release of ACT’s For-Hire Trucking Index suggests growth is making its way into the for-hire market. The Volume Index decreased 5.0 points in September to 49.5, seasonally adjusted, from 54.5 in August. Carter Vieth, Research Associate... Read Story
October 31, 2024, 06:40 AM


Laurentian Bank announced its LBC Capital and Northpoint Commercial Finance subsidiaries are uniting under one brand, Northpoint Commercial Finance, as of November 1, 2024. The merging of these two brands is a natural and anticipated evolution of... Read Story
October 30, 2024, 07:11 AM


Solifi, a global fintech software partner for secured finance, announced that Allied Credit Group, an Australian-based automotive and equipment finance organization, will implement the company’s Open Finance Platform SaaS solutions in support of its... Read Story
October 30, 2024, 07:10 AM


Two leaders central to forging The Alta Group’s reputation as a trusted global advisory dedicated to equipment finance were recognized as industry standard-bearers during the Equipment Leasing & Finance Association’s 63rd Annual Convention this... Read Story
October 30, 2024, 07:00 AM


MMP Capital closed a $20 million investment-grade corporate note issuance. Proceeds from the BBB-rated transaction will support continued growth, primarily by funding new originations.MMP predominately originates equipment-backed loans in the medical... Read Story
October 30, 2024, 06:55 AM


Equify Financial announced the closing of its second asset-backed securitization, issuing $153,369,000 in securities. This transaction of senior Class A notes earned a AAA rating from DBRS Morningstar, the highest credit rating available. The... Read Story
October 29, 2024, 07:07 AM


Ivory Consulting announced the immediate release of SuperTRUMP 24.1.  SuperTRUMP 24.1 delivers multiple enhancements and improvements across all platforms—Salesforce, Web, and Desktop—underscoring Ivory Consulting’s ongoing commitment to enhancing... Read Story
October 29, 2024, 07:03 AM


PrivateCap announced its launch to unlock new sources of capital for the equipment finance industry by connecting institutional investors to originators in the small and mid-market leases and business lease and loan market. PrivateCap’s founders... Read Story
October 28, 2024, 07:18 AM


Dext Capital launched Dext Wheels, which will focus on the Specialty and Vocational Vehicle market. This strategic expansion marks another milestone as Dext continues to grow into new markets.Heading the Dext Wheels Channel is seasoned sales... Read Story
October 28, 2024, 07:10 AM


Following its recent acquisition of Accord Financial Group, Osgood Funding (Osgood) has streamlined operations, improved efficiency, and strengthened partner alignment in part by implementing Northteq’s Aurora Loan Origination System (LOS). This next... Read Story
October 28, 2024, 07:08 AM


Linedata announced the U.S. launch of Linedata Ekip360, a complete, end-to-end asset finance platform. Currently in use by global equipment and auto manufacturers and banks in over 20 countries worldwide including Mexico and Canada, Linedata Ekip360... Read Story
October 28, 2024, 07:06 AM


Wolters Kluwer announced new third quarter analysis from its Equipment Lease Finance Digital Transformation Index, a key resource that tracks the rate at which equipment lessors and service providers are seeing growth in the evolution from... Read Story
October 28, 2024, 07:00 AM


Kapitus, a leading provider of financing for small and medium sized businesses, announced the acquisition of Ten Oaks Commercial Capital, a finance company specializing in equipment finance and working capital loans.With this acquisition, Kapitus is... Read Story
October 25, 2024, 07:15 AM


SBS (ex-Sopra Banking Software) announced that SFP Digital Audit, its advanced solution for digitizing asset audit and related risk management, is now available on the AWS Marketplace. This strategic move enables lenders and financial institutions to... Read Story
October 25, 2024, 06:14 AM


The National Association of Commercial Finance Brokers (NACFB) has appointed Sarah Cunningham as the trade body’s new head of compliance. Cunningham joins the Association at a pivotal time, bringing with her over two decades of experience across the... Read Story
October 25, 2024, 05:00 AM


EverBank has significantly expanded and strengthened its equipment finance capabilities by launching a new Corporate Asset Finance division. To lead the new business, the bank has appointed industry veteran Maureen Carr as Managing Director.The new... Read Story
October 24, 2024, 07:15 AM


Fintech veteran Dave Gilbert announced the launch of his latest industry milestone, FairSquare, a new holding company comprised of four trusted financial and business services brands including National Funding, QuickBridge, SmallBusinessLoans.com and... Read Story
October 24, 2024, 07:07 AM


The Seismic Group, a leader in value creation by identifying and eliminating operational inefficiencies, announces the launch of Seismic Capital Solutions. The new company will offer a full spectrum of equipment and commercial financing solutions... Read Story
October 23, 2024, 07:15 AM


Blue Owl Capital Corporation announced the five-year anniversary of its investment in Wingspire Capital, a premier asset-backed direct lender that operates two business units, Wingspire Equipment Finance and Wingspire Corporate Finance.Blue Owl... Read Story
October 23, 2024, 07:12 AM


Tamarack Technology introduced CloudComply 1071, a SaaS-based solution designed to ensure financial institutions comply with the impending Section 1071 of the Dodd-Frank Act. “Discussions around compliance with Section 1071 have been swirling around... Read Story
October 23, 2024, 07:05 AM


SouthState Bank is scaling its equipment finance division through an agreement with LTi Technology Solutions and JDR Solutions, which will enhance portfolio management and streamline operations. This strategic collaboration positions SouthState Bank... Read Story
October 23, 2024, 06:59 AM


GreatAmerica Financial Services and B2BToolbox announced a new capability that integrates financing into an e-commerce platform. This collaboration enhances the sales process for office technology providers and offers a fully digital experience for... Read Story
October 23, 2024, 06:50 AM


Alliance Funding Group (AFG) successfully upsized its corporate notes to $50.0 million. This upsize will be used to facilitate growth and for working capital needs. AFG is a market-leading vendor direct specialty finance company that provides... Read Story
October 23, 2024, 06:45 AM


In collaboration with MAI Technology Solutions, Rinaldi Advisory Services® (“RAS”) is introducing Tech Navigator, a comprehensive solution designed to help equipment finance companies build the essential technology infrastructure required for... Read Story
October 22, 2024, 07:05 AM


APPROVE, an embedded finance platform for equipment sellers, has launched the first in a series of product enhancements that harness artificial intelligence to remove roadblocks from the process of financing equipment purchases.APPROVE’s initial AI... Read Story
October 22, 2024, 06:45 AM


Lendscape, a global leader in secured business finance technology,  announced a strategic partnership with Findustrial, specialists in pay-per-use and as-a-service financing models. This collaboration will offer flexible, data-driven financing... Read Story
October 22, 2024, 06:40 AM


Inc. announced its third annual Power Partner Awards. The prestigious list honors B2B organizations across the country that have proven track records supporting entrepreneurs and helping startups grow. This year’s list recognizes eCapital among 359... Read Story
October 22, 2024, 06:08 AM


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


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


The London-based Banking Tech Awards announced QuickFi as a finalist in two categories for their embedded lending platform. QuickFi is a finalist for Best Digital Solution Provider – LendTech, and Best Embedded Finance System.The Best Digital... Read Story
October 18, 2024, 06:00 AM


LeasePoint Funding Group secured $40 million of incremental funding from Altriarch Asset Management (“Altriarch”). Westlake Securities, an Austin-based Investment Bank, was instrumental in orchestrating the capital raise, leveraging their deep... Read Story
October 17, 2024, 08:12 AM


The Department of Finance, Insurance, Real Estate and Law (FIREL) of the G. Brint Ryan College of Business at the University of North Texas (UNT) has announced a partnership with the Certified Lease & Finance Professional Foundation and the Equipment... Read Story
October 17, 2024, 07:59 AM


Clarus Capital successfully closed its inaugural asset backed securitization (“ABS”), CLARUS 2024-1. The ABS issuance is secured by a portfolio of commercial equipment leases and loans originated by Clarus with an aggregate securitization value of... Read Story
October 16, 2024, 07:15 AM


Maxim Commercial Capital reported robust results for the third quarter of 2024, funding nearly 80% more transactions than during Q3 2023. Despite a slow freight market, hurricane damage in the southeast, and the upcoming election, Maxim experienced a... Read Story
October 15, 2024, 07:09 AM


Fleet Advantage announced that Senior Vice President of National Accounts, Bill Ten Eyck, CTP, has been recognized as a Transportation Marketing & Sales Association (TMSA) Rainmaker, securing a runner-up position in the prestigious Sales Mountain... Read Story
October 15, 2024, 06:28 AM


Global consulting firm J.S. Held, proudly celebrating 50 transformative years, acquired Stapleton Group and announces the creation of the Strategic Advisory practice under the leadership of Michael Jacoby, CTP. The Stapleton Group acquisition further... Read Story
October 14, 2024, 07:00 AM


Dext Capital announced the relocation of its headquarters to 5500 Meadows Road, Suite 300, in Lake Oswego, Oregon. Located in the heart of Lake Oswego’s business district, the new office will provide employees with improved facilities and access to... Read Story
October 14, 2024, 06:52 AM


Fleet Advantage, a leading innovator in specialty financing, fleet data analytics, fleet management services, and life cycle cost management, announced that Chief Marketing Officer Katerina Jones has been named the 2024 Marketing Mountain Mover by... Read Story
October 14, 2024, 06:50 AM


Aon plc, a leading global professional services firm, and the National Center for the Middle Market (NCMM) announced the results of a new study, Driving Growth: The Role of People, Risk, and Technology in Middle Market Success. The survey of... Read Story
October 11, 2024, 05:00 AM


Transport Enterprise Leasing (TEL) is celebrating its 20th anniversary with another year of growth, said Co-Founder and President Jud Alexander. The business launched in September 2004 with a focus on used truck sales. Since then, TEL has expanded... Read Story
October 10, 2024, 06:50 AM


Amerisource Business Capital proudly commemorates four decades of excellence and client-centric service as it celebrates its 40th milestone anniversary.Since its inception in 1984, Amerisource has consistently set the standard for integrity... Read Story
October 10, 2024, 06:00 AM


Solifi, a global fintech software partner for secured finance, announced that it will receive a majority investment from TA Associates ("TA"), a leading global private equity firm. This transaction will accelerate Solifi’s growth by supporting... Read Story
October 09, 2024, 07:10 AM


LTi Technology Solutions (LTi) announced that Ansley Park Capital, led by a forward-thinking group of seasoned equipment finance professionals, has selected LTi’s ASPIRE platform to drive their new operations. This strategic decision aligns with... Read Story
October 09, 2024, 06:53 AM


First National Capital Corporation (FNCC), a provider of commercial equipment and aviation financing, announced a near-record $110 million in fundings for the third quarter of 2024, positioning the company well on track to achieve its ambitious... Read Story
October 09, 2024, 06:50 AM


NETSOL Technologies announced its new unified Transcend Platform – an AI-powered digital retail and asset finance solution for automotive and equipment OEMs, auto captives, commercial lenders, dealers, brokers and financial institutions. The new... Read Story
October 09, 2024, 06:10 AM


Liventus been named one of Crain’s “Best Places to Work” for two consecutive years. This prestigious recognition underscores the company’s unwavering commitment to fostering a positive company culture, offering best-in-class benefits, and delivering... Read Story
October 08, 2024, 06:32 AM


Equipment Finance Cares (EF Cares) held its fourth and final event of 2024 in Minneapolis, MN. Over 70 equipment finance professionals attended, representing 41 different organizations. "Thank you, CHANNEL, for hosting our third event in Minnesota,”... Read Story
October 04, 2024, 06:01 AM


Ansley Park Capital announced a major milestone in its first full quarter of operation. The company successfully funded $200 million across a wide range of industries, bringing its total originations to more than $250 million since its inception. The... Read Story
October 03, 2024, 07:15 AM


ASA proudly announced its 2024 award winners at its International Awards Luncheon, held during the ASA International Valuation Conference in Portland, OR on September 16. These awards recognize individuals and chapters that have made significant... Read Story
October 03, 2024, 07:09 AM


Tiger Finance’s lending platform committed $125 million of capital in the third quarter to support clients’ strategic growth initiatives across various business sectors.  Significant deals in Q3, which ended September 30, included providing capital... Read Story
October 03, 2024, 07:09 AM


Fleet Advantage announced its award of the FreightWaves’ 2025 FreightTech 100 list. This marks Fleet Advantage’s third appearance on the list, having previously been recognized in 2019 and 2021. The annual FreightTech 100 recognizes the most... Read Story
October 03, 2024, 07:00 AM


Rosenthal & Rosenthal completed a deal to acquire the assets of Accord Equipment Finance, the equipment leasing division of Accord Financial Corp., the Toronto-based commercial finance company. As part of the deal, Rosenthal will acquire Accord’s U.S... Read Story
October 02, 2024, 07:15 AM


North Mill Equipment Finance reported a new quarterly record in funded volume for the third quarter of 2024.“Our continued progress in diversifying our asset categories in partnership with our referral partners coupled with our strong capital base... Read Story
October 02, 2024, 07:10 AM


For four decades, CSC Leasing has been providing non-dilutive custom equipment financing for ambitious companies of all sizes and stages across many different industries to help them scale while preserving their equity. The company is continuing to... Read Story
October 02, 2024, 07:00 AM


PEAC Solutions announced the successful closing of its second Asset Backed Securitization (ABS) transaction on September 30th, 2024. PEAC Solutions Receivables 2024-2 LLC (PEAC 2024-2) issued notes totaling $394 million. The notes are backed by... Read Story
October 02, 2024, 06:58 AM


Alfa announced the full release of Alfa Systems 6.Alfa Systems 6 introduces a host of features and innovations designed to bring heightened productivity to providers, opening up new revenue streams, and elevating the customer experience. Announced in... Read Story
October 02, 2024, 06:00 AM


United Leasing & Finance, a subsidiary of United Companies, will serve as the presenting sponsor of the Korn Ferry Tour Championship, continuing a tradition of bringing professional golf to the region and fostering charitable initiatives in southern... Read Story
October 02, 2024, 05:00 AM


Accord Financial successfully sold the portfolio assets of Accord Equipment Finance (“AEF”), the Company’s US equipment leasing division. The acquirer is one of the largest privately held factor and finance companies in the United States, now... Read Story
October 01, 2024, 07:06 AM


XS Financial announced the closing of its agreement to be taken private by Mavik Capital Management, a multi-strategy investment firm with a flexible strategy across hard assets, and Axar Capital Management, a value-oriented alternative asset... Read Story
October 01, 2024, 07:00 AM


MMP Capital announced the renewal of its $125 million secured warehouse facility with Deutsche Bank, a move that positions the Long Island-based company for continued growth as it enters its third year as an on-balance sheet lender. John-Paul... Read Story
September 30, 2024, 07:15 AM


Citigroup and Apollo entered into an exclusive agreement for a subsidiary of Citi and certain affiliates of Apollo to form a landmark $25 billion private credit, direct lending program initially in North America, with the potential to expand to... Read Story
September 30, 2024, 07:10 AM


BlackRock and Santander announced the signing of a memorandum of understanding (MoU) by which funds and accounts managed by BlackRock will invest up to US$1 billion per year in select project finance, energy finance, and infrastructure debt... Read Story
September 30, 2024, 07:05 AM


Great Lakes Asset Solutions (GLAS) announced its transition to an Employee Stock Ownership Plan (ESOP) structure. This strategic change allows the company to become 100% employee-owned, reinforcing our commitment to delivering exceptional service... Read Story
September 27, 2024, 06:37 AM


Merchants Fleet, a leader in innovative fleet solutions, has announced a multi-year strategic partnership with Ridecell, the leading provider of fleet orchestration solutions. Merchants Fleet has selected Ridecell and their Ridecell 360 fleet... Read Story
September 27, 2024, 05:00 AM


Fleet Advantage announced that Chief Marketing Officer Katerina Jones and Fleet Procurement Manager Kirsten Babb, CTP., were recognized as recipients of the Food Logistics and Supply & Demand Chain Executive 2024 Women in Supply Chain Award. The... Read Story
September 26, 2024, 06:40 AM


Syndifi has joined forces with Tamarack Technology to streamline, simplify and enhance syndication for KLC Financial, LLC. The collaboration between the industry forerunners will enable KLC to syndicate more effectively and elevate its operational... Read Story
September 25, 2024, 07:00 AM


Ares Commercial Finance provided a $30 million senior secured revolving line of credit to Shapiro Metals. The Company, based in St. Louis, Missouri, creates customized recycling programs for manufacturing partners across a broad range of industries... Read Story
September 25, 2024, 05:00 AM


Rinaldi Advisory Services® ("RAS") has introduced Capital Navigator, an advisory service specifically designed to review the credit facilities and overall capital structure of independent equipment finance companies and help to map out the journey to... Read Story
September 24, 2024, 07:12 AM


CSI Leasing is relocating its global headquarters from Creve Coeur to a more than 138,000-square-foot facility in Weldon Spring.“We’re pleased to see an industry leader like CSI Leasing investing and creating jobs in Weldon Spring,” said Governor... Read Story
September 23, 2024, 07:15 AM


Plug Power, a global leader in comprehensive hydrogen solutions for the green hydrogen economy, announced the establishment of an equipment leasing platform and is targeting over $150 million in the near to mid-term. This platform is intended to... Read Story
September 20, 2024, 07:20 AM


Global consulting firm J.S. Held, proudly celebrating 50 transformative years, reveals the “Lending Climate in America” survey results from Phoenix Management, a part of J.S. Held. The third quarter survey results highlight concern about the... Read Story
September 20, 2024, 07:17 AM


Northteq announced the latest updates to its Aurora platform, featuring enhanced functionality for both Aurora’s borrower portal and syndication capabilities. In this latest product release, Northteq delivers even more powerful technological tools... Read Story
September 19, 2024, 07:12 AM


KLC Financial announced its successful implementation go-live of Leasepath Enterprise, the world-class origination and servicing platform tailored specifically for the equipment finance industry. This strategic move reflects KLC Financial’s ongoing... Read Story
September 19, 2024, 07:05 AM


Octaura Holdings announced the launch of Market Lists, a new protocol powered by data and analytics that streamlines the collateralized loan obligation (CLO) liquidation process for more efficiency throughout the trading lifecycle. Market Lists... Read Story
September 19, 2024, 07:02 AM


The Equipment Finance Cares Minnesota event, hosted by Channel, will be held on Wednesday, September 25th, from 1:30 pm -7 pm at Channel’s office in Wayzata, MN. “Equipment Finance Cares is excited to return to Minnesota,” said Jesse Johnson, Founder... Read Story
September 19, 2024, 07:00 AM


QuickFi was recognized as the Best PaaS (Platform as a Service) Provider of the Year at the 2024 Global BankTech Awards. QuickFi makes business equipment financing fast and efficient for global OEMs, banks, and small business borrowers on its... Read Story
September 19, 2024, 06:54 AM


CHG-MERIDIAN has been awarded the prestigious EcoVadis gold rating, putting it in the top 5 percent of the more than 130,000 companies assessed worldwide. This achievement highlights the significant step forward that the Group has taken with regard... Read Story
September 19, 2024, 05:00 AM


Sudhir Amembal's fourth Winning With Leasing virtual seminar, held on September 17, was attended by 48 equipment finance professionals. All industry segments (banks, independents, captives and service providers) were represented. Attendees ranged in... Read Story
September 18, 2024, 06:00 AM


Alfa announced the release of Collaborative Ecosystem, the sixth of six pillars in Alfa Systems 6, a breakthrough iteration of its SaaS platform.Collaborative Ecosystem in Alfa Systems 6 allows customers to tap into Alfa’s expertise and best... Read Story
September 18, 2024, 05:00 AM


Three Keys Capital Advisors announced a new agreement with Mitsubishi HC Capital America to source and advise on commercial finance transactions, as well as those in sustainable development and capital raising. Together, Three Keys and Mitsubishi HC... Read Story
September 17, 2024, 07:12 AM


Volkswagen Financial Services (VWFS), the captive financial services arm of Volkswagen Group of America, and Wells Fargo announced a multi-year co-branded agreement under which Wells Fargo will be the preferred purchase financing provider for the... Read Story
September 17, 2024, 07:10 AM


B. Riley Financial announced proposed strategic and financing initiatives intended to enhance shareholder value by accelerating debt repayment.The Company reported it has: Entered into a non-binding commitment for a debt financing of the B. Riley... Read Story
September 13, 2024, 07:08 AM


Fortune magazine and Great Place to Work have selected First American Equipment Finance as one of the 2024 Best Workplaces in Financial Services & Insurance (under 1,000 FTE). This is First American’s eighth time being named to this nationwide list... Read Story
September 12, 2024, 06:31 AM


Versana announced the closing of a $26 million capital raise with the addition of Barclays as an investor in its centralized, real-time digital data platform. Existing investors Bank of America, Citi, Deutsche Bank, J.P. Morgan, Morgan Stanley and... Read Story
September 12, 2024, 06:00 AM


QCR Holdings announced the decision to discontinue offering new loans and leases through its equipment finance business, m2 Equipment Finance, LLC (“m2”), located in Waukesha, WI. m2 was acquired by the Company in 2005 and has provided equipment... Read Story
September 11, 2024, 07:20 AM


Leasepath, a leading software provider of commercial equipment finance platform technology, announced that Oakmont Capital Services (OCS), a JA Mitsui Leasing Group, has successfully gone live with Leasepath Enterprise. This marks a significant... Read Story
September 11, 2024, 07:10 AM


QuickFi won Best Embedded Finance Solution at the 2024 Finovate Awards. QuickFi makes business equipment financing fast and efficient for global OEMs, banks, and small business borrowers.Other winners included J.P. Morgan, Mastercard, Socure, Brex... Read Story
September 11, 2024, 06:00 AM


Onset Financial’s Red Rock Division—located in St. George, UT—was awarded the 2024 Engineering News-Record (ENR) Intermountain Best Projects Award for Office/Retail/Mixed Use. Judged by criteria such as innovation, design, craft quality, and... Read Story
September 11, 2024, 05:00 AM


Solifi, a global fintech software partner for secured finance firms, was listed among the top fourteen Fast Track FinTech winners, as well as an IDC Fintech Top 100 company. The 21st annual vendor ranking recognizes the world’s leading hardware... Read Story
September 10, 2024, 07:15 AM


Liventus announced the acquisition of Sparkflow Data Analytics, a company specializing in data analytics and business intelligence solutions.Led by Steve Walker, Sparkflow has developed a strong reputation for delivering high-quality data analytics... Read Story
September 06, 2024, 07:10 AM


Commercial Credit, Inc., the parent company of Commercial Credit Group Inc., Commercial Funding Inc., and Keystone Equipment Finance Corp., has once again been named to the Business North Carolina Mid-Market Fast 40 List. This is the twelfth time... Read Story
September 06, 2024, 06:20 AM


Leasepath, a leading provider of intelligent workplace, cloud- based software solutions for the equipment & asset finance industry, announced a new shared project with Great American Insurance Group’s (GAIG) Specialty Equipment Division. This... Read Story
September 05, 2024, 07:15 AM


Apollo announced that balance sheet and other investor capital managed under its Aligned Alternatives platform have agreed to acquire Netherlands-based equipment leasing specialist Beequip from NIBC.Founded in 2015, Beequip has grown to become a... Read Story
September 05, 2024, 07:10 AM


The Equipment Leasing and Finance Association issued a statement regarding the passing of long-time member and industry leader Richard Doherty, who passed away on August 28.Doherty enjoyed a successful 43-year career in the equipment finance industry... Read Story
September 04, 2024, 07:10 AM


North Mill Equipment Finance (“NMEF”) announced the closing of its eighth asset backed securitization (ABS), NMEF Funding 2024-A (“NMEF 2024-A”). The $404 million transaction is NMEF’s first ABS transaction this year, bringing the total ABS proceeds... Read Story
September 04, 2024, 07:05 AM


Wingspire Equipment Finance announced the successful completion of its inaugural asset-backed securitization (ABS), WEF 2024-1. The transaction raised $201 million and was the first inaugural large-ticket equipment ABS to receive ratings from a major... Read Story
September 04, 2024, 07:02 AM


Businesses can now use Artificial Intelligence/Machine Learning (AI/ML) to better predict the likelihood that their customers will renew their contracts. According to Odessa, the new approach proved to be accurate 85% of the time — enabling Odessa... Read Story
September 04, 2024, 06:59 AM


PEOPLE magazine and Great Place to Work have honored First American Equipment Finance as one of the 2024 PEOPLE® Companies that Care. This is First American’s third time being named to this nationwide list, this year coming in at #74. The PEOPLE®... Read Story
September 04, 2024, 06:00 AM


White & Case advised Groupe BPCE on the acquisition of the activities of Société Générale Equipment Finance (SGEF), one of the leading European providers of industrial equipment lease financing.Following the transaction, Groupe BPCE will become the... Read Story
September 03, 2024, 08:00 AM


Wingspire Equipment Finance proudly announced a significant company milestone, surpassing $2 billion in funded transactions. This landmark accomplishment underscores the company's rapid growth and dedication to providing exceptional financial... Read Story
August 29, 2024, 07:15 AM


LTi Technology Solutions (LTi) announced that Americorp, a trusted partner since 1988, has strategically selected LTi’s ASPIRE platform to advance their equipment finance operations. This decision marks a significant milestone in a partnership that... Read Story
August 28, 2024, 07:10 AM


GreatAmerica Financial Services announced that its Employee Advised Fund fall application period opens after the Labor Day weekend to nonprofits in the Eastern Iowa area. Applications will be accepted September 3 through September 30, 2024, 4:30 PM... Read Story
August 28, 2024, 07:05 AM


According to a Reuters report dated August 19, 2024 authored by Manya Saini and Niket Nishant, regional lenders are cutting more deals to shore up their balance sheets and compete with rivals, extending a wave of consolidation in the sector that may... Read Story
August 23, 2024, 07:12 AM


Airborne Capital Limited, a global aircraft asset manager, announced the closing of a US$20.0 million investment-grade rated corporate note financing offered through its U.S. subsidiary Airborne Capital USA LLC. Proceeds from the transaction will be... Read Story
August 23, 2024, 07:00 AM


Solifi, a global fintech software partner for secured finance, announced it has partnered with LimePoint, a technology specialist in real-time data processing and data streaming consumers, to broaden accessibility to Solifi’s data streaming... Read Story
August 21, 2024, 07:22 AM


Sudhir Amembal, CEO of Amembal & Halladay and an affiliate of Rinaldi Advisory Services, announced the availability of training scholarships for emerging professionals in the equipment finance industry. This year, five scholarships will be awarded to... Read Story
August 21, 2024, 07:05 AM


Morritt Hock & Hamroff announced the launch of its newly redesigned website at www.moritthock.com. The site boasts a clean, modern appearance with advanced technology and improved navigation that provides the firm's existing and prospective clients... Read Story
August 20, 2024, 07:15 AM


Leasepath, the provider of the cloud-first equipment finance lifecycle platform powered by Microsoft Dynamics 365 and the Power Platform, announced its latest quarterly release. This update highlights Leasepath's dedication to innovation, delivering... Read Story
August 16, 2024, 07:18 AM


Odessa, a provider of technology solutions for asset finance, announced it has been named to the prestigious Inc. 5000 list for the fifth consecutive year. The list honors the 5,000 private companies in America with the most robust year-over-year... Read Story
August 16, 2024, 07:15 AM


Wolters Kluwer Compliance Solutions findings from second quarter analysis of its Equipment Lease Finance Digital Transformation Index show a significant increase in digital adoption rates in financing compared to previous quarters. The Index tracks... Read Story
August 15, 2024, 07:15 AM


Channel is pleased with its inclusion on the Inc. 5000 annual list of the fastest-growing private companies in America for a 12th consecutive year. Since the list’s inception in 1982, nearly 45,000 companies have been featured, but only 90 have... Read Story
August 14, 2024, 07:15 AM


Sudhir Amembal, CEO of Amembal & Halladay and an affiliate of Rinaldi Advisory Services, announced the release of his second seminar, "The 35 Extraordinary Benefits of the FMV Lease." Unlike his first seminar, "Winning With Leasing!", which is... Read Story
August 14, 2024, 07:10 AM


First Financial Bank has been recognized for the second year in a row as the Independent Community Bankers Association (ICBA) Top Lender of 2024 in Agriculture: More than $1 billion in assets category. This prestigious recognition is given annually... Read Story
August 13, 2024, 07:05 AM


Jackpot Digital Inc., a manufacturer of electronic multiplayer dealerless poker tables, has signed a software license and equipment lease agreement to install two of the Company's Jackpot Blitz dealerless poker machines at Seneca Gaming &... Read Story
August 09, 2024, 07:05 AM


First Citizens Bank announced CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management LLC, provided a $45 million revolving credit facility to creative materials distributor, MacPherson's.MacPherson's is the largest... Read Story
August 08, 2024, 07:20 AM


Big Shoulders Capital provided $2.1 million in funding to Allingham Corporation, a crane and air compressor rental firm in Detroit. By providing a flexible structure for refinancing its fleet, BSC will enable Allingham to invest in its current fleet... Read Story
August 07, 2024, 07:05 AM


United Leasing & Finance’s Executive Chairman Ron Romain and CEO Amy Romain Barron have been named to Indianapolis Business Journal’s 2024 list of the 250 most influential business leaders in Indiana. This is the third consecutive year they have been... Read Story
August 07, 2024, 07:00 AM


Trinity Capital Inc., a provider of diversified financial solutions to growth-stage companies, announced it has amended its credit facility led by KeyBank N.A. (KeyBank). The amendment expands the original credit facility from $350 million to $440... Read Story
August 06, 2024, 07:12 AM


Ares Management Corporation announced that funds managed by its Credit Group closed approximately $12.8 billion in U.S. direct lending commitments across 93 transactions during the second quarter of 2024 and approximately $38.3 billion in direct... Read Story
August 05, 2024, 07:05 AM


Amur Equipment Finance, Inc. (Amur) announced the completion of its 14th term securitization, in which it issued $476.25 million in notes secured by equipment loans and leases originated through its platform. The transaction, the largest in company... Read Story
August 01, 2024, 07:24 AM


McGlinchey Stafford announced its recognition by the Equipment Leasing and Finance Association (ELFA) for 20 years of membership in the organization.“We are proud to have been members of ELFA over the last 20 years,” said Jean-Paul Perrault, Member.... Read Story
August 01, 2024, 07:17 AM


Encina Private Credit (“EPC”) served as Revolver and Term Loan lender for a sponsor owned portfolio company operating in the automotive services industry. EPC’s $75 million first out commitment augmented the existing Unitranche lender’s $300 Million... Read Story
August 01, 2024, 07:00 AM


First Citizens Bank announced its CIT Commercial Services unit provided up to $48 million in financing to Crown Crafts Inc., one of America’s largest producers of infant bedding, toddler bedding, bibs, toys and disposable products.The financing... Read Story
July 31, 2024, 07:00 AM


U.S. small business lenders increased requirements to qualify for financing in the first half of 2024, but are cautiously optimistic the market will improve, according to the Q1 2024 SMB Lending Index released by Lendio.Lendio's SMB lending index... Read Story
July 30, 2024, 07:05 AM


Utica Equipment Finance announced the completion of a transaction totaling $15,500,000 in the fourth week of July.The $15,500,000 capital lease secured by forestry equipment, excavators, dozers, wheel loaders, and trucks for a company located in the... Read Story
July 29, 2024, 07:20 AM


TAB Bank successfully closed $103 million in credit facilities with nearly 400 companies during the second quarter of 2024. Financing included loans for working capital, equipment and commercial real estate, small business lines of credit and... Read Story
July 29, 2024, 07:10 AM


GreatAmerica Financial Services Corporation announced it has closed on its 25th term securitization with $641,875,000 of privately placed bonds. S&P and Fitch rated 93.4 percent of the bonds in the transaction as AAA, unchanged from the prior eight... Read Story
July 26, 2024, 07:20 AM


Alfa, a provider of enterprise software for equipment finance, announced the launch of Intelligent Automation, the penultimate pillar of six that make up Alfa Systems 6 - a breakthrough iteration of the Alfa Systems software platform.#5 Intelligent... Read Story
July 26, 2024, 07:05 AM


Trinity Capital launched a new vehicle in partnership with Eagle Point Credit Management LLC. Trinity's wholly owned registered investment adviser will be an adviser to the new vehicle, thereby bolstering the Company's sources of capital for lending... Read Story
July 25, 2024, 07:10 AM


HEVI Corp., a manufacturer of all-electric heavy equipment, announced it is partnering with Assurant, Inc., a global business services company that supports, protects, and connects major consumer purchases like automobiles, as well as commercial... Read Story
July 24, 2024, 07:18 AM


Sudhir Amembal, an affiliate of Rinaldi Advisory Services, announced his next one-day virtual Winning With Leasing seminar will be held on Oct. 24. The seminar is an extract from his firm's flagship seminar attended by over 35,000 equipment finance... Read Story
July 24, 2024, 07:15 AM


Maxim Commercial Capital (Maxim) reported strong results for the second quarter of 2024. While many competitors have tightened their credit windows and other lenders have closed their businesses, Maxim continues to expand. To support its growth, the... Read Story
July 24, 2024, 07:10 AM


United Leasing & Finance announces its 60th anniversary. This milestone marks six decades of dedication, commitment to excellence, and exceptional service in providing creative financing solutions to businesses across the United States and Canada... Read Story
July 24, 2024, 07:00 AM


Trinity Capital Inc. announced certain highlights for the first half and second quarter of 2024. Trinity funded a record $474 million of investments in the first half of 2024 and originated $289 million of total new commitments in the second quarter... Read Story
July 19, 2024, 07:23 AM


DataScan unveils its newest advancement in inventory risk management—RiskGauge. This innovative tool enhances visibility and precision in inventory monitoring and risk decision-making through a comprehensive and integrated approach. RiskGauge is a... Read Story
July 19, 2024, 07:20 AM


Fortune and Great Place to Work have honored First American Equipment Finance as one of the 2024 Best Workplaces for Millennials (under 1,000 FTE). This is First American’s eighth time being named to the nationwide list, this year coming in at #14.... Read Story
July 19, 2024, 07:15 AM


Equipment finance industry technology leaders Syndifi, Inc. and Tamarack Technology, Inc. have entered a strategic partnership to support capital market teams in the industry. The companies plan to integrate the Syndifi platform with Tamarack’s... Read Story
July 18, 2024, 07:18 AM


QuickFi is a finalist in the New York based 2024 Finovate Awards for Best Embedded Finance Solution. Other finalists include TD Bank, Mastercard, Brex, and Clair. QuickFi is honored to be recognized among these outstanding finalist companies.The... Read Story
July 18, 2024, 07:15 AM


First Citizens Bank announced CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management LLC, provided a $40 million revolving credit facility to B&W Fiber Glass Inc., a distributor of fiber glass and manufacturer of... Read Story
July 17, 2024, 07:18 AM


United Leasing & Finance announced its annual support to several area charities in Southwest Indiana. The pledges and gifts total $1.5 million and target early childhood and higher education, as well as organizations supporting youth health. These... Read Story
July 16, 2024, 07:08 AM


First American Equipment Finance announced it was recognized on the Selling Power 60 Best Companies to Sell For in 2024 list. The 24th annual list features companies leading the charge in perseverance and determination despite facing inflationary... Read Story
July 15, 2024, 07:10 AM


Auramet International, a leading precious metals merchant, closed a $300 million syndicated revolving credit facility led by Macquarie Group. Macquarie acted as Mandated Lead Arranger, Bookrunner and Administrative Agent for the Facility, which was... Read Story
July 15, 2024, 07:00 AM


Fleet Advantage announced Senior Vice President of Fleet Operations Brian Antonellis, CTP, has been honored as a 2024 “Rainmaker” award winner by DC Velocity. This recognition celebrates Antonellis’s exceptional leadership and significant... Read Story
July 11, 2024, 07:00 AM


Eastern Funding LLC, a financial lender to laundromats, owner-occupied commercial real estate, fitness and wellness, commercial vehicles, and other businesses (the Company), announced it will commence immediately with an orderly wind-down of its... Read Story
July 10, 2024, 07:23 AM


CamoAg, a provider of agricultural data solutions, and Fusable, formally Randall Reilly, announced a new partnership for nationwide data equipment UCC data integration. This collaboration integrates Fusable's comprehensive nationwide equipment UCC... Read Story
July 10, 2024, 07:00 AM


Amur Equipment Finance, Inc. (Amur) announced a new volume record for the first half of 2024, achieving over $500 million in loan originations and positioning itself to surpass $1 billion by the end of the year. Overall, Amur provided financing to... Read Story
July 09, 2024, 07:24 AM


Rinaldi Advisory Services, LLC (RAS), renowned for its expertise in exit strategy planning and mergers and acquisitions within the U.S. equipment finance marketplace, announced the addition of strategic alliance partner Deborah Reuben and... Read Story
July 09, 2024, 07:15 AM


Star Leasing Company, CTL (Commercial Trailer Leasing, Inc.), Cooling Concepts, and NETS Leasing (North East Trailer Services), portfolio companies of I Squared Capital, announced the completion of their name change to TEN (Transportation Equipment... Read Story
July 08, 2024, 07:00 AM


Stonebriar Commercial Finance (“Stonebriar”) closed a seven-year CAD$130MM (USD$95.1MM) term loan for a leading provider of specialty industrial and environmental services to oil and gas, chemical, and manufacturing end markets. The loan, part of a... Read Story
July 02, 2024, 07:05 AM


Accord Financial Corp. announced it has established two new financing arrangements to support its Canadian small business lending division and BondIt Media Capital (BondIt), its U.S.-based media financing arm. Both facilities provide a more... Read Story
July 01, 2024, 07:05 AM


Solifi, a global fintech software partner for secured finance, announced it was shortlisted in three categories at the Asset Finance Connect (AFC) Summer awards, which will take place at the Honorable Artillery Company on July 9 and focus on People... Read Story
June 27, 2024, 07:20 AM


CAN Capital, Inc. successfully completed a $175 million funding program, which includes a variable funding note facility with a maximum borrowing amount of $50 million and a $125 million asset-backed notes term securitization. This transaction was... Read Story
June 27, 2024, 07:16 AM


It is with profound sadness that we mourn the passing of Doug Carmichael, CEO and co-founder of Transport Enterprise Leasing (TEL). He passed Monday, June 24, surrounded by family in Chattanooga, TN after a brief illness.“Doug was an extraordinarily... Read Story
June 26, 2024, 07:25 AM


Asset Compliant Solutions, a leading collections, recovery and portfolio optimization firm announced it will host a webinar event on Tuesday, July 13 at 3 p.m. EDT titled "Prospering in a Changing Landscape." The webinar will feature leaders from... Read Story
June 26, 2024, 07:20 AM


KLC Financial announced its recognition as one of the Minneapolis Star Tribune’s Top Workplaces in 2024. The Minnetonka-based company also received two additional Top Workplace Special Awards: the “Employee Appreciation” award and the “New Ideas”... Read Story
June 26, 2024, 07:00 AM


Stonebriar Commercial Finance (Stonebriar) announced the closing of a seven-year CAD $130 million ($95.24 million) term loan for a provider of specialty industrial and environmental services to oil and gas, chemical, and manufacturing end markets.... Read Story
June 25, 2024, 07:20 AM


Channel announced that, for the third consecutive year, it has been named one of the Top 200 Workplaces in Minnesota by the Star Tribune, ranking fifth amongst the top midsize companies in the state. This recognition highlights its dedication to... Read Story
June 25, 2024, 07:18 AM


eCapital upsized an invoice factoring facility for a fast-growing startup food distributor specializing in supplying high-quality food products to Mexico. Demonstrating the agility of its financing solutions, eCapital increased the invoice factoring... Read Story
June 24, 2024, 07:15 AM


Liventus announced its inclusion in the prestigious Fortune Best Workplaces in Chicago 2024 list. The company has been ranked seventh among small and mid-size companies, significantly improving from its 27th place ranking in 2022. This achievement is... Read Story
June 24, 2024, 07:10 AM


First Horizon Corp. announced the recipients of the Grants for Good campaign. In honor of the bank's 160th anniversary and after receiving more than 3,500 applications, the First Horizon Foundation awarded $1.6 million to 160 nonprofits across the... Read Story
June 20, 2024, 07:15 AM


Fleet Advantage, an innovator in specialty financing, fleet data analytics, fleet management services, and life cycle cost management, announced it has been recognized as a winner of Food Logistics and Supply & Demand Chain Executive‘s 2024 Top... Read Story
June 20, 2024, 07:05 AM


Arcadia Finance, a new litigation funding firm focused on commercial litigation and arbitration, announced its official launch to offer customized financial solutions and unparalleled support to empower clients and partners in achieving their legal... Read Story
June 20, 2024, 07:00 AM


First Citizens Bank announced that CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management, LLC, provided a $35 million revolving line of credit to Network Wireless Solutions, a provider of cable solutions and distributor... Read Story
June 19, 2024, 07:22 AM


Channel announced it has been listed among Inc.’s annual Best Workplaces list. Prominently featured on Inc.com, the list is the result of a comprehensive measurement of American companies that have excelled in creating exceptional workplaces and... Read Story
June 19, 2024, 07:20 AM


TD Bank Group (TD) announced the launch of TD Innovation Partners (TDIP), a division of The Toronto-Dominion Bank. TDIP is a new full-service team providing bespoke, high-touch banking and financing solutions in support of technology and innovation... Read Story
June 19, 2024, 07:12 AM


Beacon Funding Corporation announced it has made the Fortune’s Best Workplaces in Chicago list for the second time. Beacon Funding was first named to this list in 2022 and is proud to be recognized again in 2024.Beacon Funding, a truck and equipment... Read Story
June 18, 2024, 07:05 AM


Chesswood Group Limited provided an update on its previously announced evaluation of the strategic direction of the company being supervised by a special committee of its board of directors (the Committee).Over the course of its review to date, the... Read Story
June 17, 2024, 07:22 AM


Utica Equipment Finance announce the completion of an equipment refinance transaction totaling $3,500,000.The capital lease to a concrete and masonry recycling company in Michigan was secured by crushing equipment, construction equipment and trucks.... Read Story
June 17, 2024, 07:08 AM


Solifi, a global fintech software partner for secured finance, is celebrating its 50th anniversary after enjoying substantial growth in 2023.Founded in Minnesota as Decision Systems in 1974, the business initially specialized in solutions for... Read Story
June 14, 2024, 07:25 AM


Traditional fraud prevention methods are failing to keep pace with the latest fraud tactics. Northteq's new white paper, "The growing challenge of equipment finance fraud: Utilizing technology to strengthen your fraud prevention strategy.” Northteq... Read Story
June 13, 2024, 07:20 AM


Fortune magazine and Great Place to Work have honored First American Equipment Finance as one of this year’s Best Workplaces in New York. This is First American’s eighth consecutive year being named to this prestigious list, this year coming in at No... Read Story
June 13, 2024, 07:18 AM


Tax Guard, a Cogency Global Company and the first provider of real-time IRS tax data services, announced it has entered a partnership with San Diego-based Ventures Lending Technologies, an end-to-end lending software for banks and mission-based... Read Story
June 12, 2024, 07:22 AM


DataScan, an industry leader in dealer commercial lending solutions, announced the launch of its new website. The newly designed site reflects DataScan's commitment to meeting the evolving needs of dealer commercial lenders by offering a more... Read Story
June 12, 2024, 07:10 AM


First Citizens Bank announced its Asset-Based Lending business will provide up to $400 million in combined financing to facilitate the investments of WhiteHawk Fund IV and WhiteHawk Evergreen Fund.Both funds are managed by WhiteHawk Capital Partners... Read Story
June 12, 2024, 06:15 AM


Ares Commercial Finance (“ACF”) announced it is marking 10 years as the commercial finance platform of Ares Management. The evolution of the platform began with the acquisition of Keltic Financial Services, LLC in 2014 and was further augmented with... Read Story
June 11, 2024, 07:05 AM


First National Capital Corporation (FNCC), a commercial equipment and aviation finance provider, announced the funding of natural gas turbine generators totaling over $148,000,000 in committed capital. The client, which specializes in the fast-track... Read Story
June 10, 2024, 07:22 AM


Premier Truck Rental (PTR) announced its 10th anniversary. Since its inception in 2014, the company has continuously pushed the boundaries of innovation, achieved significant milestones, and set new standards in the equipment rental space.Started by... Read Story
June 07, 2024, 07:17 AM


ATEL Ventures, a division of ATEL Capital Group and a provider of venture debt financing solutions to growth-stage companies, announced the completion of an agreement to provide $20 million of growth debt to Isar Aerospace, a launch service provider... Read Story
June 07, 2024, 07:00 AM


Sudhir Amembal, CEO of Amembal & Halladay, and an affiliate of Rinaldi Advisory Services, instructed a one-day interactive virtual seminar entitled, "Winning with Leasing" on May 30. The seminar, an extract from the firm's live flagship seminar... Read Story
June 06, 2024, 07:16 AM


Syndifi Inc. announced KLC Financial, LLC, a finance company offering lease and capital equipment financing for businesses, has selected the Syndifi platform to enhance its syndication process.By adopting Syndifi’s award-winning platform, KLC... Read Story
June 06, 2024, 07:12 AM


Verdant Commercial Capital has been recognized for its rapid growth and employee satisfaction by being included a third time on two different workplace award lists.Verdant has been named a Top Workplace in Greater Cincinnati and Northern Kentucky for... Read Story
June 05, 2024, 07:10 AM


Rinaldi Advisory Services (RAS) announced the addition of Verity Capital Advisors CEO, Justin Vogel to its consulting practice. This strategic alliance will add Verity Capital’s expertise in optimizing capital stacks and securing lines of credit to... Read Story
June 04, 2024, 07:22 AM


ASA announced Rajeev R. Shah as a recipient of the esteemed 2024 Honorary Award.Recognized for his exceptional dedication, unwavering commitment, and outstanding contributions to the broader appraisal profession, Rajeev R. Shah emerges as a... Read Story
June 04, 2024, 07:16 AM


Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, announced the recent upsize of its investment-grade corporate note financing. The new notes were assigned a BBB rating by a nationally recognized... Read Story
June 04, 2024, 07:00 AM


XCMG America Financial announced its expansion of its North American financing platform into Canada, supported by QuickFi. The new XCMG program enables nearly instant loans and leases for XCMG equipment purchasers in Canada.Gengzong Qiu, XCMG America... Read Story
June 03, 2024, 07:22 AM


A new paper argues that important advancements in health, telecommunication, mobility and other areas risk being hindered if visionary founders are not able to access the necessary funding for their ventures. “Debt as Catalyst – Making Hard Tech... Read Story
June 03, 2024, 07:15 AM


First Citizens Bank announced CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management, LLC, provided a $75 million revolving credit facility to Cisco Equipment Rentals, a Texas-based provider of equipment rentals, new and... Read Story
May 31, 2024, 07:25 AM


QuickFi is honored to win Best Embedded Finance Solution at the 2024 Banking Tech Awards USA.Other finalists included J.P. Morgan Chase, HSBC Bank USA, Wells Fargo, Morgan Stanley, Intuit, Fiserv, and SoFi. QuickFi is honored to be selected as the... Read Story
May 31, 2024, 07:20 AM


Verdant Commercial Capital, LLC announced the closing of its latest 144a term securitization. “VERD 2024-1” issued notes totaling $307,667,000 that are backed by a diverse portfolio of high-quality equipment leases and loans collateralized by... Read Story
May 30, 2024, 07:22 AM


Small business owners will be able to forecast their cash flow up to 12 months in advance using an all-new digital solution rolled out by Citizens.The solution, Citizens Cash Flow Forecasting, offers tips and insights as well as competitive... Read Story
May 30, 2024, 07:03 AM


Equipment Finance Cares (EF Cares) held its second event of 2024 in Philadelphia, PA. More than 60 equipment finance professionals attended, representing 42 different organizations. “Thank you, Oakmont Capital Services, for hosting this amazing event... Read Story
May 29, 2024, 07:00 AM


AP Equipment Financing announced the success of its Wholesale Floorplan program, spearheaded by Floor Plan Operations Manager Rena Waples. Since Waples joined the team in 2023, the program has garnered significant interest from dealers and suppliers... Read Story
May 24, 2024, 07:20 AM


QuickFi was recognized as Best of Show at Finovate Spring 2024. QuickFi participated with over 50 companies at Finovate Spring 2024, a leading fintech event series held annually in San Francisco, New York City, Asia, and Europe. QuickFi was honored... Read Story
May 24, 2024, 07:18 AM


DLL is the recipient of the “Best ESG/Sustainability Initiative of the Year: Environmental Aspects” and the “Best E-Mobility Financing Programme” Awards from the Arena International Events Group.The awards ceremony, which was in its second edition... Read Story
May 24, 2024, 07:10 AM


Penske Transportation Solutions and ForeFront Power have formed a new joint venture named Penske Energy LLC. The new venture aims to help commercial fleet operators plan, design and deploy optimized EV charging infrastructure capabilities that... Read Story
May 22, 2024, 07:20 AM


AP Equipment Financing issued the following statement: It is with profound sadness that we announce the passing of Raquel O'Leary, who lost her courageous battle with cancer on May 18, 2024.Raquel's career spanned over three decades, marked by her... Read Story
May 21, 2024, 07:27 AM


Solifi received an accolade in the Best New Services Solutions: Data and Asset Management category in the 2024 Sustainable Finance Awards. The awards, which took place in May in Paris, celebrate the success of leading finance businesses in achieving... Read Story
May 20, 2024, 07:15 AM


Encina Lender Finance, LLC announced it has closed a $50 million senior credit facility for a consumer point-of-sale lending platform with a network of more than 2,000 merchants nationwide.The borrower will use this facility to support its continued... Read Story
May 20, 2024, 07:10 AM


Channel announced Brad Peterson, Chief Executive Officer, has been named Leader of the Year at Converge, a two-day conference, workshop, and gala event hosted by Monitor. This recognition speaks to Peterson’s widely respected approach to leadership... Read Story
May 20, 2024, 07:05 AM


PathShare HR Services, a division of GreatAmerica Financial Services, announced the launch of its sales training, featuring a curriculum developed by Richardson Sales Performance, a global leader in sales training and performance improvement. The... Read Story
May 17, 2024, 07:20 AM


Alfa, a provider of enterprise software for the equipment finance industry, announced the release of Scalability, the fourth of six releases that make up Alfa Systems 6 - a breakthrough iteration of its Alfa Systems software platform.Providing “truly... Read Story
May 17, 2024, 07:15 AM


Solifi, a global fintech software partner for secured finance, announced the launch of ESG Portfolio Strategist, as the latest innovative application in its product suite. Enabling automotive finance businesses to operationalize ESG strategy within... Read Story
May 16, 2024, 07:18 AM


Despite a recent growth forecast of 27.5% CAGR and the size of the electric vehicle (EV) charging infrastructure market estimated to exceed $224.8 billion by 2032, the lack of reliable and managed on-site charging options remains a key challenge to... Read Story
May 16, 2024, 07:03 AM


DLL, global provider of asset-based financial solutions, delivered consistent results for the 2023 business year. Despite ongoing geopolitical and macroeconomic challenges, the company recorded net profit, portfolio and income growth. DLL realized a... Read Story
May 13, 2024, 07:25 AM


Fora Financial, a provider of flexible financing to small- and medium-sized businesses nationwide, announced a new record for single-quarter funding originations. The company reports a 30 percent increase in Q1 2024 over Q1 2023 in overall funding... Read Story
May 13, 2024, 07:22 AM


QuickFi announced the expansion of its QuickFi equipment financing platform into Canada. The patented QuickFi platform enables OEMs to offer equipment buyers a consistent, nearly instant, self-service equipment financing experience throughout the U.S... Read Story
May 13, 2024, 07:20 AM


Encina Lender Finance closed a $20 million senior credit facility for an indirect auto finance platform with a network of dealers spanning across 30+ states. The borrower will use this facility to support its continued expansion. Read Story
May 10, 2024, 07:00 AM


U.S. Used Tractors 100 Horsepower and Greater Inventory levels rose 2.54 percent month over month, marking a continuation of recent upward trends noted for several months, and are now 58.3 percent higher than the same period last year. The... Read Story
May 09, 2024, 07:00 AM


Wolters Kluwer announced new first quarter analysis from its Equipment Lease Finance Digital Transformation Index, a key resource that tracks the rate at which equipment lessors and service providers are seeing growth in the evolution from... Read Story
May 08, 2024, 07:15 AM


Scout Clean Energy, a Colorado-based renewable energy developer, owner, and operator, announced the closing of a $100 million equipment supply loan (ESL) with Rabobank. The facility will be used to fund Scout equipment down payments. Scout is a... Read Story
May 08, 2024, 07:00 AM


As 360 Equipment Finance marks its 14th year of providing entrepreneurs and business owners with innovative equipment financing solutions, the company proudly announces a historic milestone. April 2024 witnessed the largest total funding volume in... Read Story
May 07, 2024, 07:22 AM


The PNC Financial Services Group, Inc. and the TCW Group, Inc., a global asset manager, announced they are partnering to deliver private credit solutions to middle market companies.The PNC and TCW partnership formalizes and expands more than 15 years... Read Story
May 07, 2024, 07:08 AM


TomorrowZone announced the launch of its newest endeavor: the TomorrowZone Catalyst podcast - a space where curiosity meets connection, possibility reigns supreme, and innovation is a way of life. We invite you to join Deborah Reuben and the... Read Story
May 06, 2024, 07:05 AM


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
May 01, 2024, 07:18 AM


SLIM Capital, headquartered in Beverly Hills, CA, announced a groundbreaking quarter, with Q1 2024 witnessing an exceptional surge in origination volume and a record-breaking influx of deal submissions. The team's unwavering commitment to efficiency... Read Story
April 30, 2024, 07:15 AM


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
April 26, 2024, 07:14 AM


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
April 25, 2024, 07:25 AM


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
April 24, 2024, 07:23 AM


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
April 24, 2024, 07:18 AM


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
April 22, 2024, 07:15 AM


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
April 22, 2024, 07:10 AM


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
April 18, 2024, 07:22 AM


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
April 17, 2024, 07:20 AM


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
April 16, 2024, 07:11 AM


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
April 15, 2024, 07:15 AM


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
April 15, 2024, 07:10 AM


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
April 12, 2024, 07:20 AM


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
April 12, 2024, 07:00 AM


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
April 11, 2024, 07:05 AM


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
April 10, 2024, 07:10 AM


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
April 09, 2024, 07:25 AM


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
April 09, 2024, 07:05 AM


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
April 08, 2024, 07:19 AM


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
April 08, 2024, 07:15 AM


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
April 08, 2024, 07:05 AM


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
April 08, 2024, 07:00 AM


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
April 03, 2024, 07:18 AM


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
April 03, 2024, 07:10 AM


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
April 02, 2024, 07:18 AM


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
April 02, 2024, 07:00 AM


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
April 01, 2024, 07:00 AM


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
March 29, 2024, 07:20 AM


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
March 29, 2024, 07:18 AM


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
March 29, 2024, 07:10 AM


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
March 29, 2024, 07:05 AM


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
March 27, 2024, 07:18 AM


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
March 27, 2024, 07:10 AM


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
March 26, 2024, 07:18 AM


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
March 26, 2024, 07:15 AM


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
March 26, 2024, 07:10 AM


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
March 25, 2024, 07:15 AM


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
March 22, 2024, 07:18 AM


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
March 22, 2024, 07:00 AM


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
March 21, 2024, 07:15 AM


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
March 21, 2024, 07:10 AM


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
March 20, 2024, 07:05 AM


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
March 19, 2024, 07:22 AM


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
March 19, 2024, 07:14 AM


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
March 18, 2024, 06:00 AM


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
March 15, 2024, 07:11 AM


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
March 14, 2024, 07:15 AM


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
March 13, 2024, 07:15 AM


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
March 11, 2024, 07:18 AM


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
March 07, 2024, 07:05 AM


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
March 06, 2024, 07:17 AM


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
March 05, 2024, 07:15 AM


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
March 04, 2024, 07:22 AM


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
March 04, 2024, 07:10 AM


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
March 04, 2024, 07:05 AM


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
March 01, 2024, 07:20 AM


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
February 29, 2024, 07:10 AM


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
February 29, 2024, 07:00 AM


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
February 28, 2024, 07:15 AM


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
February 27, 2024, 07:17 AM


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
February 26, 2024, 07:18 AM


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
February 23, 2024, 07:20 AM


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
February 23, 2024, 07:18 AM


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
February 22, 2024, 07:10 AM


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
February 22, 2024, 07:00 AM


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
February 15, 2024, 07:23 AM


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
February 15, 2024, 07:00 AM


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
February 14, 2024, 07:20 AM


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
February 14, 2024, 07:15 AM


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
February 13, 2024, 07:23 AM


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
February 13, 2024, 07:18 AM


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
February 13, 2024, 07:15 AM


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
February 12, 2024, 07:23 AM


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
February 12, 2024, 07:00 AM


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
February 09, 2024, 07:18 AM


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
February 09, 2024, 07:05 AM


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
February 07, 2024, 07:15 AM


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
February 07, 2024, 07:05 AM


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
February 06, 2024, 07:20 AM


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
February 01, 2024, 07:23 AM


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
February 01, 2024, 07:00 AM


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
January 31, 2024, 07:17 AM


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
January 31, 2024, 07:05 AM


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
January 30, 2024, 07:15 AM


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
January 30, 2024, 07:05 AM


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
January 29, 2024, 07:17 AM


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
January 24, 2024, 07:22 AM


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
January 24, 2024, 07:20 AM


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
January 24, 2024, 07:18 AM


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
January 24, 2024, 07:15 AM


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
January 23, 2024, 07:20 AM


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
January 23, 2024, 07:18 AM


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
January 23, 2024, 07:15 AM


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
January 22, 2024, 07:00 AM


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
January 19, 2024, 07:25 AM


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
January 19, 2024, 07:12 AM


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
January 19, 2024, 07:10 AM


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
January 17, 2024, 07:00 AM


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
January 16, 2024, 07:18 AM


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
January 10, 2024, 07:05 AM


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
January 08, 2024, 07:15 AM


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
January 04, 2024, 07:15 AM


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
January 03, 2024, 07:08 AM


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
January 02, 2024, 07:17 AM


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
January 02, 2024, 07:10 AM


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
January 02, 2024, 07:00 AM


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
December 28, 2023, 07:10 AM


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
December 22, 2023, 07:07 AM


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
December 21, 2023, 07:22 AM


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
December 19, 2023, 07:23 AM


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
December 19, 2023, 07:20 AM


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
December 15, 2023, 07:18 AM


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
December 14, 2023, 07:10 AM


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
December 13, 2023, 07:12 AM


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
December 13, 2023, 07:00 AM


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
December 12, 2023, 07:20 AM


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
December 12, 2023, 07:12 AM


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
December 12, 2023, 07:05 AM


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
December 11, 2023, 07:22 AM


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
December 11, 2023, 07:18 AM


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
December 08, 2023, 07:18 AM


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
December 08, 2023, 07:10 AM


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
December 08, 2023, 07:01 AM


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
December 07, 2023, 07:22 AM


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
December 07, 2023, 07:17 AM


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
December 07, 2023, 07:15 AM


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
December 07, 2023, 07:00 AM


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
December 06, 2023, 07:10 AM


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
December 06, 2023, 07:08 AM


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
December 06, 2023, 07:05 AM


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
December 06, 2023, 07:00 AM


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
December 05, 2023, 07:20 AM


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
December 04, 2023, 07:22 AM


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
December 01, 2023, 07:00 AM


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
November 29, 2023, 07:23 AM


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
November 29, 2023, 07:00 AM


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
November 28, 2023, 07:23 AM


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
November 28, 2023, 07:10 AM


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
November 27, 2023, 07:20 AM


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
November 27, 2023, 07:10 AM


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
November 22, 2023, 07:15 AM


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
November 21, 2023, 07:05 AM


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
November 20, 2023, 07:12 AM


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
November 20, 2023, 07:00 AM


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
November 16, 2023, 07:11 AM


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
November 15, 2023, 07:10 AM


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
November 14, 2023, 07:24 AM


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
November 14, 2023, 07:15 AM


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
November 13, 2023, 07:18 AM


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
November 10, 2023, 07:25 AM


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
November 08, 2023, 07:12 AM


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
November 08, 2023, 07:10 AM


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
November 08, 2023, 07:05 AM


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
November 07, 2023, 07:15 AM


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
November 06, 2023, 07:25 AM


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
November 06, 2023, 07:18 AM


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
November 03, 2023, 07:20 AM


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
November 03, 2023, 07:15 AM


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
November 03, 2023, 07:10 AM


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
November 02, 2023, 07:25 AM


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
November 02, 2023, 07:20 AM


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
November 02, 2023, 07:10 AM


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
November 01, 2023, 07:23 AM


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
November 01, 2023, 07:15 AM


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
November 01, 2023, 07:07 AM


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
October 31, 2023, 07:15 AM


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
October 31, 2023, 07:05 AM


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
October 30, 2023, 07:10 AM


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
October 26, 2023, 07:05 AM


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
October 24, 2023, 07:15 AM


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
October 24, 2023, 07:10 AM


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
October 23, 2023, 07:23 AM


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
October 23, 2023, 07:15 AM


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
October 23, 2023, 07:10 AM


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
October 23, 2023, 07:05 AM


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
October 20, 2023, 07:24 AM


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
October 20, 2023, 07:18 AM


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
October 20, 2023, 07:10 AM


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
October 19, 2023, 07:22 AM


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
October 19, 2023, 07:20 AM


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
October 19, 2023, 07:10 AM


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
October 19, 2023, 07:05 AM


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
October 18, 2023, 07:15 AM


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
October 17, 2023, 07:00 AM


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
October 13, 2023, 07:00 AM


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
October 13, 2023, 06:00 AM


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
October 12, 2023, 07:15 AM


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
October 12, 2023, 07:12 AM


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
October 12, 2023, 07:00 AM


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
October 12, 2023, 06:14 AM


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
October 11, 2023, 07:03 AM


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
October 10, 2023, 07:10 AM


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
October 10, 2023, 06:10 AM


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
October 10, 2023, 06:00 AM


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
October 10, 2023, 05:00 AM


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
October 09, 2023, 07:00 AM


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
October 09, 2023, 06:50 AM


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
October 06, 2023, 08:00 AM


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
October 06, 2023, 07:55 AM


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
October 06, 2023, 07:00 AM


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
October 05, 2023, 07:28 AM


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
October 04, 2023, 06:45 AM


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
October 04, 2023, 06:00 AM


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
October 03, 2023, 07:28 AM


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
October 03, 2023, 07:15 AM


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
October 03, 2023, 07:07 AM


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
October 03, 2023, 06:00 AM


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
October 02, 2023, 07:15 AM


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
October 02, 2023, 06:34 AM


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
September 28, 2023, 07:18 AM


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
September 28, 2023, 07:15 AM


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
September 28, 2023, 07:03 AM


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
September 27, 2023, 07:14 AM


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
September 26, 2023, 06:00 AM


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
September 25, 2023, 06:00 AM


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
September 22, 2023, 07:24 AM


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
September 22, 2023, 07:18 AM


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
September 22, 2023, 07:10 AM


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
September 22, 2023, 07:00 AM


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
September 21, 2023, 07:00 AM


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
September 20, 2023, 07:22 AM


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
September 20, 2023, 07:05 AM


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
September 19, 2023, 07:10 AM


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
September 19, 2023, 07:00 AM


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
September 18, 2023, 07:18 AM


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
September 18, 2023, 07:00 AM


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
September 15, 2023, 07:25 AM


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
September 15, 2023, 07:18 AM


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
September 14, 2023, 07:19 AM


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
September 14, 2023, 07:05 AM


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
September 14, 2023, 07:00 AM


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
September 13, 2023, 07:23 AM


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
September 13, 2023, 07:05 AM


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
September 12, 2023, 07:20 AM


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
September 12, 2023, 07:05 AM


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
September 11, 2023, 07:23 AM


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
September 11, 2023, 07:12 AM


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
September 08, 2023, 07:20 AM


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
September 08, 2023, 07:18 AM


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
September 08, 2023, 07:07 AM


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
September 07, 2023, 07:20 AM


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
September 07, 2023, 07:05 AM


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
September 06, 2023, 07:22 AM


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
September 06, 2023, 07:05 AM


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
September 01, 2023, 07:25 AM


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
August 30, 2023, 07:25 AM


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
August 29, 2023, 07:23 AM


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
August 29, 2023, 07:05 AM


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
August 28, 2023, 07:19 AM


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
August 25, 2023, 07:20 AM


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
August 24, 2023, 07:20 AM


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
August 22, 2023, 07:12 AM


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
August 22, 2023, 07:10 AM


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
August 21, 2023, 07:18 AM


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
August 17, 2023, 07:18 AM


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
August 16, 2023, 07:19 AM


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
August 15, 2023, 07:18 AM


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
August 15, 2023, 07:05 AM


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
August 14, 2023, 07:20 AM


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
August 14, 2023, 07:10 AM


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
August 14, 2023, 07:05 AM


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
August 11, 2023, 07:18 AM


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
August 10, 2023, 07:22 AM


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
August 10, 2023, 07:20 AM


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
August 09, 2023, 07:23 AM


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
August 09, 2023, 07:05 AM


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
August 08, 2023, 07:25 AM


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
August 08, 2023, 07:15 AM


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
August 07, 2023, 07:18 AM


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
August 07, 2023, 07:10 AM


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
August 04, 2023, 07:00 AM


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
August 03, 2023, 07:25 AM


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
August 02, 2023, 07:23 AM


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
August 01, 2023, 07:20 AM


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
July 31, 2023, 07:20 AM


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
July 31, 2023, 07:00 AM


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
July 28, 2023, 07:20 AM


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
July 28, 2023, 07:00 AM


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
July 27, 2023, 07:15 AM


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
July 27, 2023, 07:00 AM


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
July 26, 2023, 07:22 AM


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
July 25, 2023, 07:20 AM


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
July 25, 2023, 07:17 AM


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
July 25, 2023, 07:10 AM


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
July 20, 2023, 07:20 AM


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
July 20, 2023, 07:15 AM


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
July 19, 2023, 07:22 AM


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
July 19, 2023, 07:15 AM


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
July 19, 2023, 07:05 AM


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
July 18, 2023, 07:18 AM


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
July 18, 2023, 07:15 AM


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
July 18, 2023, 07:09 AM


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
July 17, 2023, 07:23 AM


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
July 13, 2023, 07:08 AM


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
July 13, 2023, 07:05 AM


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
July 13, 2023, 07:00 AM


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
July 12, 2023, 07:00 AM


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
July 11, 2023, 07:00 AM


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
July 10, 2023, 07:23 AM


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
July 07, 2023, 07:23 AM


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
July 06, 2023, 07:17 AM


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
July 05, 2023, 07:20 AM


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
June 30, 2023, 07:18 AM


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
June 29, 2023, 07:00 AM


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
June 27, 2023, 07:00 AM


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
June 26, 2023, 07:18 AM


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
June 23, 2023, 07:08 AM


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
June 22, 2023, 07:10 AM


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
June 22, 2023, 07:07 AM


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
June 22, 2023, 07:00 AM


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
June 21, 2023, 07:25 AM


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
June 20, 2023, 07:22 AM


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
June 16, 2023, 07:23 AM


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
June 16, 2023, 07:19 AM


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
June 15, 2023, 07:20 AM


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
June 15, 2023, 07:12 AM


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
June 14, 2023, 07:23 AM


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
June 14, 2023, 07:17 AM


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
June 14, 2023, 07:05 AM


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
June 14, 2023, 07:00 AM


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
June 13, 2023, 07:15 AM


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
June 12, 2023, 07:05 AM


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
June 09, 2023, 07:10 AM


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
June 09, 2023, 07:05 AM


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
June 08, 2023, 07:13 AM


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
June 07, 2023, 07:10 AM


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
June 07, 2023, 07:07 AM


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
June 06, 2023, 07:10 AM


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
June 05, 2023, 07:05 AM


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
June 05, 2023, 07:00 AM


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
June 02, 2023, 07:20 AM


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
June 01, 2023, 07:20 AM


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
May 31, 2023, 07:00 AM


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
May 26, 2023, 07:00 AM


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
May 25, 2023, 07:15 AM


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
May 25, 2023, 07:05 AM


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
May 24, 2023, 07:20 AM


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
May 24, 2023, 07:05 AM


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
May 19, 2023, 07:23 AM


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
May 18, 2023, 07:00 AM


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
May 17, 2023, 07:20 AM


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
May 17, 2023, 07:18 AM


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
May 17, 2023, 07:15 AM


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
May 17, 2023, 07:13 AM


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
May 17, 2023, 07:10 AM


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
May 16, 2023, 07:22 AM


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
May 16, 2023, 07:18 AM


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
May 12, 2023, 07:15 AM


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
May 05, 2023, 07:23 AM


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
May 05, 2023, 07:18 AM


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
May 05, 2023, 07:10 AM


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
May 04, 2023, 07:20 AM


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
May 04, 2023, 07:05 AM


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
May 03, 2023, 07:00 AM


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
May 02, 2023, 07:16 AM


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
May 01, 2023, 07:21 AM


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
April 28, 2023, 07:20 AM


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
April 28, 2023, 07:00 AM


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
April 27, 2023, 07:08 AM


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
April 26, 2023, 07:22 AM


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
April 26, 2023, 07:12 AM


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
April 26, 2023, 07:10 AM


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
April 26, 2023, 07:00 AM


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
April 25, 2023, 07:03 AM


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
April 21, 2023, 07:20 AM


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
April 20, 2023, 07:20 AM


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
April 20, 2023, 07:18 AM


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
April 20, 2023, 07:15 AM


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
April 19, 2023, 07:20 AM


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
April 19, 2023, 07:18 AM


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
April 19, 2023, 07:10 AM


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
April 19, 2023, 07:05 AM


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
April 18, 2023, 07:25 AM


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
April 18, 2023, 07:22 AM


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
April 18, 2023, 07:00 AM


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
April 17, 2023, 07:00 AM


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
April 14, 2023, 07:18 AM


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
April 14, 2023, 07:15 AM


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
April 13, 2023, 07:12 AM


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
April 12, 2023, 07:15 AM


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
April 12, 2023, 07:03 AM


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
April 11, 2023, 07:07 AM


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
April 10, 2023, 07:15 AM


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
April 10, 2023, 07:05 AM


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
April 07, 2023, 07:05 AM


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
April 06, 2023, 07:15 AM


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
April 06, 2023, 07:03 AM


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
April 05, 2023, 07:17 AM


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
April 05, 2023, 07:00 AM


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
April 04, 2023, 07:07 AM


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
April 04, 2023, 07:00 AM


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
March 31, 2023, 07:25 AM


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
March 31, 2023, 07:20 AM


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
March 30, 2023, 07:00 AM


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
March 29, 2023, 07:23 AM


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
March 29, 2023, 07:21 AM


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
March 29, 2023, 07:20 AM


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
March 29, 2023, 07:00 AM


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
March 28, 2023, 07:18 AM


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
March 28, 2023, 07:07 AM


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
March 28, 2023, 07:05 AM


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
March 27, 2023, 07:20 AM


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
March 27, 2023, 07:05 AM


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
March 24, 2023, 07:20 AM


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
March 23, 2023, 07:15 AM


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
March 23, 2023, 07:10 AM


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
March 22, 2023, 07:00 AM


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
March 21, 2023, 07:03 AM


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
March 17, 2023, 07:15 AM


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
March 16, 2023, 07:05 AM


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
March 16, 2023, 07:00 AM


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
March 15, 2023, 07:00 AM


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
March 14, 2023, 07:10 AM


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
March 13, 2023, 07:23 AM


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
March 13, 2023, 07:20 AM


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
March 13, 2023, 07:15 AM


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
March 13, 2023, 07:10 AM


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
March 10, 2023, 07:15 AM


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
March 09, 2023, 07:18 AM


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
March 08, 2023, 07:20 AM


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
March 08, 2023, 07:05 AM


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
March 07, 2023, 07:00 AM


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
March 06, 2023, 07:05 AM


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
March 06, 2023, 07:00 AM


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
March 03, 2023, 07:25 AM


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
March 02, 2023, 07:10 AM


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
March 01, 2023, 07:21 AM


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
March 01, 2023, 07:20 AM


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
March 01, 2023, 07:18 AM


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
February 28, 2023, 07:20 AM


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
February 28, 2023, 07:15 AM


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
February 27, 2023, 07:10 AM


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
February 27, 2023, 07:00 AM


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
February 24, 2023, 07:30 AM


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
February 23, 2023, 07:20 AM


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
February 23, 2023, 07:15 AM


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
February 22, 2023, 07:23 AM


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
February 22, 2023, 07:20 AM


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
February 22, 2023, 07:07 AM


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
February 17, 2023, 07:25 AM


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
February 16, 2023, 07:15 AM


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
February 16, 2023, 07:00 AM


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
February 15, 2023, 07:22 AM


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
February 14, 2023, 07:23 AM


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
February 14, 2023, 07:18 AM


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
February 14, 2023, 07:15 AM


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
February 13, 2023, 07:00 AM


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
February 10, 2023, 07:23 AM


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
February 10, 2023, 07:18 AM


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
February 09, 2023, 07:23 AM


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
February 08, 2023, 07:23 AM


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
February 08, 2023, 07:20 AM


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
February 08, 2023, 07:10 AM


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
February 08, 2023, 07:05 AM


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
February 08, 2023, 06:58 AM


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
February 07, 2023, 07:18 AM


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
February 07, 2023, 07:15 AM


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
February 07, 2023, 07:12 AM


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
February 07, 2023, 07:10 AM


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
February 07, 2023, 07:05 AM


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
February 07, 2023, 07:00 AM


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
February 06, 2023, 07:25 AM


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
February 06, 2023, 07:05 AM


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
February 03, 2023, 07:28 AM


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
February 02, 2023, 07:27 AM


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
February 02, 2023, 07:11 AM


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
February 02, 2023, 07:00 AM


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
February 01, 2023, 07:25 AM


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
February 01, 2023, 07:00 AM


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
January 31, 2023, 07:19 AM


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
January 30, 2023, 07:00 AM


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
January 27, 2023, 07:20 AM


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
January 27, 2023, 07:15 AM


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
January 26, 2023, 07:05 AM


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
January 25, 2023, 07:05 AM


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
January 24, 2023, 07:20 AM


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
January 24, 2023, 07:15 AM


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
January 23, 2023, 07:16 AM


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
January 20, 2023, 07:20 AM


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
January 18, 2023, 07:19 AM


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
January 18, 2023, 07:15 AM


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
January 18, 2023, 07:00 AM


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
January 17, 2023, 07:23 AM


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
January 13, 2023, 07:23 AM


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
January 12, 2023, 07:23 AM


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
January 11, 2023, 07:18 AM


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
January 10, 2023, 07:23 AM


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
January 10, 2023, 07:20 AM


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
January 06, 2023, 07:05 AM


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
January 06, 2023, 07:00 AM


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
January 05, 2023, 07:23 AM


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
January 04, 2023, 07:23 AM


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
January 04, 2023, 07:20 AM


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
January 03, 2023, 07:17 AM


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
December 28, 2022, 07:22 AM


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
December 27, 2022, 07:20 AM


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
December 22, 2022, 07:20 AM


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
December 21, 2022, 07:15 AM


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
December 20, 2022, 07:17 AM


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
December 19, 2022, 07:17 AM


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
December 16, 2022, 07:20 AM


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
December 16, 2022, 07:05 AM


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
December 16, 2022, 07:00 AM


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
December 15, 2022, 07:20 AM


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
December 15, 2022, 07:05 AM


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
December 14, 2022, 07:18 AM


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
December 14, 2022, 07:10 AM


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
December 13, 2022, 07:23 AM


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
December 13, 2022, 07:05 AM


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
December 12, 2022, 07:13 AM


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
December 09, 2022, 07:21 AM


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
December 09, 2022, 07:18 AM


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
December 08, 2022, 07:05 AM


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
December 08, 2022, 07:00 AM


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
December 07, 2022, 07:20 AM


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
December 07, 2022, 07:15 AM


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
December 07, 2022, 07:10 AM


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
December 06, 2022, 07:12 AM


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
December 06, 2022, 07:10 AM


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
December 06, 2022, 07:03 AM


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
December 05, 2022, 07:20 AM


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
December 05, 2022, 07:10 AM


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
December 01, 2022, 07:20 AM


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
December 01, 2022, 07:15 AM


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
December 01, 2022, 07:05 AM


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
December 01, 2022, 07:00 AM


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
November 30, 2022, 07:12 AM


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
November 29, 2022, 07:18 AM


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
November 29, 2022, 07:09 AM


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
November 29, 2022, 07:07 AM


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
November 28, 2022, 06:58 AM


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
November 22, 2022, 07:20 AM


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
November 22, 2022, 07:16 AM


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
November 21, 2022, 07:23 AM


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
November 17, 2022, 07:18 AM


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
November 17, 2022, 07:05 AM


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
November 16, 2022, 07:12 AM


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
November 16, 2022, 07:10 AM


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
November 14, 2022, 07:23 AM


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
November 14, 2022, 07:00 AM


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
November 11, 2022, 07:17 AM


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
November 11, 2022, 07:15 AM


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
November 11, 2022, 07:05 AM


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
November 10, 2022, 07:18 AM


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
November 09, 2022, 07:20 AM


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
November 09, 2022, 07:18 AM


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
November 09, 2022, 07:00 AM


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
November 08, 2022, 07:22 AM


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
November 04, 2022, 07:22 AM


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
November 04, 2022, 07:20 AM


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
November 03, 2022, 07:22 AM


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
November 02, 2022, 07:20 AM


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
November 01, 2022, 07:25 AM


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
November 01, 2022, 07:23 AM


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
November 01, 2022, 07:22 AM


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
October 31, 2022, 07:10 AM


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
October 28, 2022, 07:23 AM


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
October 28, 2022, 07:22 AM


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
October 28, 2022, 07:05 AM


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
October 27, 2022, 07:26 AM


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
October 27, 2022, 07:09 AM


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
October 26, 2022, 07:21 AM


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
October 25, 2022, 07:23 AM


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
October 25, 2022, 07:18 AM


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
October 21, 2022, 07:18 AM


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
October 21, 2022, 07:12 AM


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
October 21, 2022, 07:07 AM


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
October 20, 2022, 07:00 AM


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
October 18, 2022, 07:25 AM


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
October 18, 2022, 07:10 AM


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
October 17, 2022, 07:20 AM


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
October 17, 2022, 07:18 AM


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
October 14, 2022, 07:24 AM


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
October 14, 2022, 07:22 AM


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
October 14, 2022, 07:20 AM


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
October 14, 2022, 07:18 AM


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
October 13, 2022, 07:10 AM


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
October 13, 2022, 07:05 AM


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
October 11, 2022, 07:15 AM


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
October 10, 2022, 07:22 AM


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
October 10, 2022, 07:17 AM


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
October 10, 2022, 07:00 AM


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
October 07, 2022, 07:21 AM


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
October 07, 2022, 07:05 AM


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
October 06, 2022, 07:18 AM


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
October 05, 2022, 07:25 AM


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
October 05, 2022, 07:21 AM


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
October 05, 2022, 07:20 AM


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
October 05, 2022, 07:18 AM


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
October 05, 2022, 07:10 AM


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
October 05, 2022, 07:00 AM


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
October 03, 2022, 07:18 AM


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
September 29, 2022, 07:20 AM


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
September 29, 2022, 07:07 AM


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
September 29, 2022, 07:05 AM


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
September 29, 2022, 07:00 AM


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
September 26, 2022, 07:11 AM


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
September 23, 2022, 07:17 AM


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
September 23, 2022, 07:15 AM


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
September 23, 2022, 07:13 AM


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
September 22, 2022, 07:25 AM


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
September 22, 2022, 07:24 AM


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
September 22, 2022, 07:10 AM


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
September 22, 2022, 07:05 AM


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
September 20, 2022, 07:07 AM


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
September 19, 2022, 07:22 AM


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
September 15, 2022, 07:15 AM


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
September 15, 2022, 07:12 AM


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
September 15, 2022, 07:06 AM


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
September 13, 2022, 07:25 AM


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
September 13, 2022, 07:05 AM


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
September 12, 2022, 07:08 AM


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
September 09, 2022, 07:10 AM


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
September 09, 2022, 07:00 AM


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
September 08, 2022, 07:20 AM


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
September 08, 2022, 07:14 AM


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
September 08, 2022, 07:00 AM


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
September 07, 2022, 07:23 AM


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
September 02, 2022, 07:15 AM


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
September 01, 2022, 07:10 AM


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
August 31, 2022, 07:25 AM


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
August 31, 2022, 07:21 AM


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
August 31, 2022, 07:15 AM


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
August 31, 2022, 07:05 AM


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
August 30, 2022, 07:05 AM


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
August 30, 2022, 07:02 AM


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
August 29, 2022, 07:15 AM


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
August 29, 2022, 07:10 AM


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
August 29, 2022, 07:00 AM


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
August 24, 2022, 07:05 AM


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
August 23, 2022, 07:19 AM


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
August 23, 2022, 07:15 AM


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
August 23, 2022, 07:03 AM


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
August 22, 2022, 07:04 AM


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
August 22, 2022, 07:02 AM


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
August 19, 2022, 07:25 AM


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
August 19, 2022, 07:18 AM


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
August 16, 2022, 07:23 AM


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
August 16, 2022, 07:00 AM


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
August 12, 2022, 07:23 AM


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
August 11, 2022, 07:17 AM


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
August 11, 2022, 07:10 AM


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
August 11, 2022, 07:00 AM


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
August 10, 2022, 07:22 AM


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
August 10, 2022, 07:05 AM


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
August 10, 2022, 06:58 AM


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
August 09, 2022, 07:01 AM


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
August 08, 2022, 07:20 AM


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
August 08, 2022, 07:15 AM


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
August 05, 2022, 07:20 AM


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
August 05, 2022, 07:10 AM


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
August 04, 2022, 07:25 AM


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
August 04, 2022, 06:58 AM


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
August 03, 2022, 07:20 AM


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
August 03, 2022, 07:18 AM


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
August 03, 2022, 07:02 AM


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
August 01, 2022, 10:00 AM


TopMark Funding, a funding destination for commercial vehicle dealerships and small to midsized fleets, continued to see momentum and growth with another record-breaking quarter that included a 30 percent increase in amount funded from the year’s... Read Story
August 01, 2022, 07:20 AM


Penske Truck Leasing has opened a new, state-of-the-art facility in Monroe, OH. This new facility expands Penske’s capability to support this growing Ohio market and allows increased aid to the large territory between its Sharonville and Dayton sites... Read Story
August 01, 2022, 07:10 AM


Castlelake, a global alternative investment manager with approximately 17 years of experience investing in asset-rich opportunities, and Aequum Capital Founder, LLC ("Aequum"), a tech-enabled specialty finance lender, announced a partnership... Read Story
July 29, 2022, 07:27 AM


Wintrust Specialty Finance (WSF), a division of Beverly Bank & Trust Company, exceeded a billion dollars in funded contracts in first three years by earning market share with equipment vendor partners and supporting independent lessors’ liquidity... Read Story
July 28, 2022, 07:35 AM


Mitsubishi HC Capital America’s Work Truck Finance division reached a monumental milestone this week when it reached $1 billion in originations. The company reached this impressive achievement with record volume of $112 million in the quarter ending... Read Story
July 28, 2022, 07:30 AM


Michael Doyle, Vice President II – Asset-Based Lending at First Business Specialty Finance, LLC, a subsidiary of First Business Bank, announces a recently closed and funded $10 million revolving line of credit, equipment term loan, and real estate... Read Story
July 28, 2022, 07:00 AM


Hundreds of professionals from across the agriculture, commercial trucking, construction, heavy machinery, and aviation industries will convene in Lincoln, Nebraska, on August 9th and 10th for the 2022 Sandhills Global Forum. Attendees will include... Read Story
July 28, 2022, 06:00 AM


Fleet Advantage will be hosting a Back-to-School Backpack Drive next Wednesday, August 3rd in partnership with Kids In Distress (KID), a 501(c)(3) nonprofit organization providing early intervention and treatment for abused, abandoned and neglected... Read Story
July 28, 2022, 06:00 AM


Ascentium Capital continued its positive momentum in the second quarter of 2022, achieving $480.8 million in financed volume. The company saw a record number of applications and approvals in this time frame, exceeding Q2 2021 volume by $122.9 million... Read Story
July 27, 2022, 07:25 AM


Marlin Leasing Corporation, was recently acquired by funds managed by HPS Investment Partners LLC and will be rebranded as PEAC Solutions. The PEAC family of finance companies includes PEAC UK and PEAC Europe, and collectively operates in 12... Read Story
July 26, 2022, 07:18 AM


Quality Leasing Co., Inc. (QL) posted a 95% increase in funding volume year-over-year for the first half of 2022. Additionally, the number of funded transactions grew by 50% in the same period; and average contract size rose by 30% to just over... Read Story
July 25, 2022, 07:29 AM


Within months of the implementation of the artificial intelligence (AI) platform from Tamarack Technology, Inc., KLC Financial, Inc. has realized significant improvements in its operational efficiency. By implementing custom reporting using... Read Story
July 21, 2022, 07:18 AM


Commercial Funding Inc., a national provider of accounts receivable financing, including invoice factoring, and asset-based lending, has launched a YouTube channel and published its first educational video. The animated video, “CFI Explains Invoice... Read Story
July 21, 2022, 06:59 AM


Inquieto Moving Attitude, a company of the Spanish multinational GAM, specializing in solutions for the sustainable mobility industry, signed a 20 percent equity stake investment deal with DLL, a global asset finance company and a wholly owned... Read Story
July 20, 2022, 07:20 AM


Bob Rinaldi announced he has posted an in-person interview with his friend and New York Times best-selling author Peter Zeihan. Rinaldi adds to his Leasing Avenues Video blog with Zeihan discussing his forecast for the future in his new book, “The... Read Story
July 19, 2022, 07:23 AM


With heavy heart we must share that our friend, colleague and industry icon Joe Nachbin has passed away following a brief battle with pancreatic cancer. Joe was an industry veteran who devoted more than four decades of knowledge, skill, and insight... Read Story
July 19, 2022, 07:18 AM


SLIM Capital, located in Beverly Hills and Orange County, CA, reported significant increased business volume for the first half of 2022. With a stellar first half of the year, SLIM Capital is set to break its yearly funding records. Shervin Rashti... Read Story
July 19, 2022, 07:17 AM


North Mill Equipment Finance LLC (NMEF), an independent commercial equipment lessor headquartered in Norwalk, CT, announced the company has implemented major enhancements to its pricing scheme, simplifying its buy rate structure and connecting each... Read Story
July 19, 2022, 07:14 AM


Maxim Commercial Capital provided creative financing solutions for small businesses across the U.S. during the second quarter of 2022. Fundings ranged in size from $20,000 for an owner-operator to purchase a new rig to $2.0 million for a residential... Read Story
July 19, 2022, 07:10 AM


Equipment Depot, America’s largest independently operated material handling and equipment rental source, announced its new EQFINANCE division. Offered through a partnership with De Lage Landen Financial Services, Inc. (DLL), EQFINANCE provides... Read Story
July 14, 2022, 07:20 AM


Solifi, a global fintech software partner for secured finance, announced that Mountain Ridge Capital (MRC) selected and recently deployed Solifi’s asset-based lending (ABL) software solution. A startup ABL independent with seasoned finance executives... Read Story
July 14, 2022, 07:19 AM


Great American Insurance Group and Econolease Financial Services have embedded their insurance program using API Technology. This gives real-time access to coverage when needed.Great American has provided innovative insurance solutions to the... Read Story
July 14, 2022, 07:18 AM


Zuora, Inc., a cloud-based subscription management platform provider, and BNP Paribas Leasing Solutions, international equipment finance player, announced a partnership to offer new usage-based solutions for professional equipment. Part of one of the... Read Story
July 13, 2022, 07:19 AM


Horizon Technology Finance Corporation, a specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability... Read Story
July 13, 2022, 07:15 AM


Channel announced the completion of its first equipment finance securitization, a $163 million issuance of asset-backed notes collateralized by a diverse portfolio of equipment receivables. This is the second securitization for Channel having... Read Story
July 12, 2022, 07:23 AM


AP Equipment Financing funded $78.8 Million in Q2 2022, a 68 percent year-over-year increase from Q2 2021.In the month of June alone, AP posted a funding volume of $29.1 million. With continued momentum, AP is projecting another record-breaking year... Read Story
July 12, 2022, 07:21 AM


Despite months of strenuous market conditions, Onset Financial is kicking off the third quarter with $235 million in year-to-date fundings, putting the company on track to exceed its annual funding goals yet again.“Onset has always been in the... Read Story
July 12, 2022, 07:20 AM


North Mill Equipment Finance LLC (NMEF), an independent commercial equipment lessor headquartered in Norwalk, CT, reported an all-time high in funding volume for the second quarter of 2022. Funded volume surged to $147 million, up 34 percent from the... Read Story
July 08, 2022, 07:20 AM


Commercial Fleet Financing, Inc. (CFF), a provider of transportation equipment financing, reported financial results for H1 and Q2 of 2022. For Q2 2022, CFF funded $58,090,953 from 609 transactions with an average transaction size of $95,387. For H1... Read Story
July 08, 2022, 07:12 AM


Amur Equipment Finance, Inc. announced another strong quarter for its origination growth, driven by a record number of processed applications. Amur has consistently invested in expanding its reach to small businesses and is pleased to announce a... Read Story
July 07, 2022, 07:23 AM


Axis Auto Finance Inc., a fintech lender servicing the alternative auto finance market, announced its wholly owned subsidiary, Pivotal Capital Corp. (Pivotal) has secured an additional funding facility with Mitsubishi HC Capital Canada, Inc.... Read Story
July 07, 2022, 07:20 AM


Grants for the 2021 Chris Walker Education Fund (CWEF) have been finalized and awarded. Over $20,125 in total funds were awarded this year with nine grants going to individuals and three grants awarded to institutions, including the Equipment Leasing... Read Story
July 07, 2022, 07:19 AM


M&T Bank announced plans to launch its Multicultural Small Business Innovation Lab in Bridgeport, CT. This seven-week program is designed to help local multicultural business owners thrive, grow and pursue new ideas by providing guidance and skills... Read Story
July 05, 2022, 07:21 AM


Flower One Holdings Inc., a cannabis cultivator and producer in Nevada, announced its advancements with its ongoing restructuring, including the restructuring of its term debt and to its master lease. “This debt restructuring is a major step in our... Read Story
July 05, 2022, 07:20 AM


Fifth Third Bank’s "Feeding Our Communities" initiative, held each year in May, this year provided more than 8.4 million meals to fight hunger across its footprint. The total far exceeded the 5.3 million-meals goal the company set for its 2022 effort... Read Story
July 05, 2022, 07:00 AM


Tenet unveiled a new financial solution that lowers the cost of ownership for EVs and ushers in a new era that puts carbon-free emissions within reach for almost every new car owner and buyer. Launching with its innovative EV financing platform that... Read Story
July 01, 2022, 07:05 AM


HPC Industries LLC and Macquarie Group's Commodities and Global Markets group have formed a joint venture to produce recycled polyethylene terephthalate (rPET). Under the name Circularix, the venture's plans include building and operating five... Read Story
June 30, 2022, 07:11 AM


Great Place to Work and Fortune magazine have honored Liventus as one of this year’s Best Workplaces in Chicago. This is the company’s first time being named to this list, coming in 27th place. Liventus is a full-service and global business solutions... Read Story
June 30, 2022, 07:00 AM


Brad Peterson, President and Chief Executive Officer, announced that Channel has been named one of the Top 200 Workplaces in Minnesota by the Star Tribune. “The power behind our growth and success at Channel has always been our people and their... Read Story
June 29, 2022, 07:20 AM


Sumitomo Mitsui Banking Corporation (SMBC)  President and CEO Makoto Takashima announced that the bank has entered into a strategic alliance with Marathon Capital LLC for collaboration in ESG-related space.Marathon Capital, headquartered in Chicago... Read Story
June 29, 2022, 07:12 AM


Mitsubishi HC Capital America achieved record results from its Technology Finance team for fiscal year 2021, ending March 31, 2022. Offering supply-chain financing to value-added resellers (VARs) specifically in the technology industry, the team... Read Story
June 28, 2022, 06:55 AM


Encina Equipment Finance (EEF) announced it has provided an $8 million lease line to an environmental remediation company for the purchase of heavy-duty and light-duty trucks. EEF was represented by Reed Smith LLP.Launched in June 2017, Encina... Read Story
June 28, 2022, 06:50 AM


Equipment Finance Cares (EFC) held an event last week at Midland Hills Country Club in Roseville, MN hosted by Honour Capital. The event featured 58 equipment finance professionals from 35 different organizations. “EFC was excited to go back to where... Read Story
June 28, 2022, 06:47 AM


Beacon Funding Corporation, a provider of equipment financing to small businesses throughout the United States, was recognized this year with multiple accolades for excellence in company culture and employee benefits.Beacon Funding received two... Read Story
June 27, 2022, 07:17 AM


Verdant Commercial Capital announced it closed on a $75 million subordinated debt facility provided by Värde Partners, a global alternative investment firm. This capital will augment Verdant’s existing financing, allowing the company to further... Read Story
June 23, 2022, 07:22 AM


Truist Financial Corporation announced the grand opening of its Innovation and Technology Center, a space designed to reimagine the client experience for the more than 6 million interactions that take place daily at Truist. The 100,000-square-foot... Read Story
June 23, 2022, 07:07 AM


Fifth Third Bank, National Association, is deepening its commitment to customized leasing and financing solutions by integrating Celtic Commercial Finance and LaSalle Leasing as Fifth Third Technology Finance.Part of Fifth Third’s Equipment Finance... Read Story
June 22, 2022, 07:22 AM


Commercial Credit Group Inc. (CCG), an independent commercial equipment finance company based in Charlotte, NC, announced it has completed a $420,650,000 term asset-backed security (ABS) transaction. It was the company’s 15th asset-backed security... Read Story
June 22, 2022, 07:22 AM


ENGS Commercial Finance Co. announced the integration with Salesforce’s Tableau platform enhancing further ENGS proprietary AI engine and customer KPI analytics platform.“Utilizing our extensive database and proprietary predictive capabilities... Read Story
June 21, 2022, 07:19 AM


Geneva Capital has been named a top workplace in Minnesota, according to the Star Tribune.Star Tribune’s Top Workplaces recognizes the most progressive companies in Minnesota based on employee opinions (collected via a third-party survey). The survey... Read Story
June 21, 2022, 06:58 AM


Verdant Commercial Capital has been named a 2022 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 third-party survey administered... Read Story
June 17, 2022, 07:16 AM


Ryder System, Inc., a provider of supply chain, dedicated transportation and fleet management solutions, announced the expansion of its freight brokerage business with a new office in Nashville, TN—a burgeoning U.S. logistics hub—followed by two... Read Story
June 17, 2022, 07:15 AM


Caterpillar Inc. announced it will move its global headquarters to the company’s existing office in Irving, TX, from its current location in Deerfield, IL.“We believe it’s in the best strategic interest of the company to make this move, which... Read Story
June 17, 2022, 07:10 AM


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 sixth consecutive year being named to this distinguished list, this year coming in... Read Story
June 16, 2022, 07:10 AM


United Trust Bank (UTB) has chosen leading software specialist Alfa to transform the Bank’s Asset Finance operations with an integrated digital solution improving broker service and supporting UTB’s ambitious growth plans.UTB has commenced a project... Read Story
June 16, 2022, 07:06 AM


Orion First has begun servicing contracts for Conserv Capital. Nashville, TN-based Conserv established itself in 2015 as a premier lender to contractors and haulers for heavy equipment in the Southeast. Today, it has more than 1,500 pieces of... Read Story
June 15, 2022, 07:23 AM


Solifi, a global fintech software partner for secured finance, announced its newest technology partnership with EQ Riskfactor, a global provider of risk management software for the commercial finance market (part of Equiniti Group), to provide... Read Story
June 15, 2022, 07:18 AM


JDR Solutions Inc., a provider of third-party transaction servicing and infrastructure to the specialty finance industry, announced Sweet Leaf Madison Capital, an asset-based lender in the cannabis industry, has gone live on JDR’s third-party... Read Story
June 15, 2022, 07:17 AM


First National Capital Corporation (FNCC), a full-service commercial equipment and aviation finance provider, announced new heights of performance with its innovative employee equity program. FNCC announced the results of its most recent ESOP results... Read Story
June 14, 2022, 07:20 AM


APPROVE Payments launched a mobile app designed to let equipment sales professionals easily see up-to-the-minute information on pending financing applications for their customers, no matter where their work takes them.The APPROVE on the Move app is... Read Story
June 14, 2022, 07:16 AM


ENGS Commercial Finance Co. specializes in providing loans and leases for equipment and risk management products vital to organizations in the transportation, industrial and construction sectors. ENGS has a long history of prioritizing customer... Read Story
June 14, 2022, 07:15 AM


Fleet Advantage announced Vice President, Marketing and Business Development Katerina Jones has been named one of three Trailblazer Top Brand Innovators by the Transportation Marketing and Sales Association (TMSA).  This award recognizes individuals... Read Story
June 14, 2022, 07:07 AM


The average number of leases companies hold has returned to or exceeded pre-pandemic levels, according to the latest 2022 Lease Benchmark Report from accounting technology provider LeaseQuery. While the resurgence signals impressive resilience... Read Story
June 08, 2022, 07:15 AM


KBRA released its Equipment Loan & Lease indices for May 2022, providing monthly credit trends across securitized loan and lease pools. May remittance reports showed a slight softening of credit performance across securitized equipment loan and... Read Story
June 07, 2022, 07:00 AM


BNP Paribas announced the official opening of its redesigned office building at 787 7th Avenue in New York City. The 54-story skyscraper, built in 1986 and designed by Edward Larrabee Barnes, was formerly named the Equitable Center and now displays... Read Story
June 03, 2022, 07:05 AM


DLL, a global financial solutions provider, launched The New Office Blueprint, a whitepaper examining the historical significance of the office, the impact of pandemic-induced work and how businesses can best leverage a physical office moving forward... Read Story
June 01, 2022, 07:17 AM


Lloyds Bank has partnered with software specialist Alfa to make it easier for customers to use asset finance to manage their working capital. Managing capital effectively, ensuring the correct balance between funding growth, increasing stock, and... Read Story
May 26, 2022, 07:17 AM


Mitsubishi HC Capital Canada announced it has signed an agreement with a major construction equipment manufacturer to provide inventory financing for heavy excavators to more than 10 distributors operating in all Canadian provinces, and 40... Read Story
May 24, 2022, 07:20 AM


QuickFi was Best in Show at Finovate Spring 2022. QuickFi participated with 52 other companies at Finovate Spring 2022, a leading fintech event series and digital engagement platform.QuickFi is a 100 percent digital, self-service, business equipment... Read Story
May 23, 2022, 07:22 AM


Alfa, provider of Alfa Systems, a software platform for auto and asset finance, has published a new case study detailing a successful implementation project with CarMax Auto Finance (CAF), the finance arm of CarMax, the largest used car retailer in... Read Story
May 23, 2022, 07:16 AM


Geminus Acquisition & Management announced the official launch of Sonoma Capital Corp., bringing more competition to a market that needs better small-ticket equipment financing solutions.Sonoma Capital will offer modern equipment financing solutions... Read Story
May 20, 2022, 07:10 AM


Equipment Finance Cares Minnesota will be held Tuesday, June 21 from 1:30 p.m.-7 p.m. at the Midland Hills Country Club in Roseville, MN.“We are excited to go back to where Equipment Finance Cares started in 2021,” said Jesse Johnson, founder of... Read Story
May 19, 2022, 07:10 AM


The NFIB Research Center released an industry-specific Small Business Economic Trends report highlighting the construction, manufacturing, retail and services industries. The overall Optimism Index for small businesses in April was 93.2.“The... Read Story
May 19, 2022, 07:08 AM


LeaseQuery, a provider of software built to simplify the complexities of accounting, announced a reseller partnership with Cherry Bekaert LLP, an accounting and advisory firm offering specialized solutions across various industries. LeaseQuery has... Read Story
May 18, 2022, 07:10 AM


Global spending on the digital transformation (DX) of business practices, products and organizations is forecast to reach $1.8 trillion in 2022, an increase of 17.6 percent over 2021. According to a new update to the International Data Corporation... Read Story
May 17, 2022, 07:15 AM


F.N.B. Corporation announced its banking subsidiary, First National Bank, has been recognized with three Top Workplaces 2022 Culture Excellence awards for Innovation, Leadership and Work-Life Flexibility. These national awards celebrate organizations... Read Story
May 17, 2022, 07:05 AM


Dynamic Capital Equipment Finance Inc. announced the closing of a $200 million Committed Funding Facility with MOVE Trust and the committed MOVE Trust note investor, BDC, the bank for Canadian entrepreneurs. This is the fifth renewal and increase to... Read Story
May 12, 2022, 07:18 AM


Trinity Capital Inc., a provider of debt and equipment financing to venture capital backed growth stage companies, announced it has closed a $30 million equipment financing line for Aledia, a LED technology company that develops and manufactures next... Read Story
May 11, 2022, 07:20 AM


First Citizens Bank announced that its Middle Market Banking business provided a $60 million loan to Bahakel Communications to refinance existing debt and help finance future growth opportunities. Bahakel Communications is a family owned-and-operated... Read Story
May 11, 2022, 07:10 AM


NETSOL Technologies Inc. has successfully implemented its modern technology platform Ascent on the Cloud (LeasePak Version) for a North American lease and loan portfolio servicing provider. The client has deployed Ascent Retail’s Contract Management... Read Story
May 10, 2022, 07:00 AM


KBRA released its Equipment Loan & Lease indices for April 2022. April remittance reports continued to show solid credit performance across securitized equipment loan and lease pools, as annualized net losses in KBRA’s headline Equipment Loan & Lease... Read Story
May 09, 2022, 07:00 AM


Global vendor finance company DLL announced the closing of “DLLST 2022-1,” a U.S. securitization transaction issuing notes totaling $837 million. The notes are backed by loans and leases secured with office equipment and technology solutions.The... Read Story
May 05, 2022, 07:22 AM


A majority of small business owners report that inflation and supply chain disruptions are impacting their businesses, according to the Bank of America 2022 Small Business Owner Report. The survey of more than 1,000 business owners across the... Read Story
May 05, 2022, 07:00 AM


TopMark Funding produced another record-breaking quarter and is leading the year with a 29.2 percent gain against its first-quarter revenue goals. The company, which closed 2021 with an increased volume (total amount financed) of 2.3 times... Read Story
May 04, 2022, 07:15 AM


Equipment Finance Cares (EFC) held an event last week, at Great American Insurance Group’s headquarters in Cincinnati, OH. Over 40 equipment finance professionals attended, representing 26 different organizations. “We were excited to kick off EFC’s... Read Story
May 04, 2022, 07:05 AM


LeaseQuery, a provider of software built to simplify the complexities of accounting, announced its acquisition of Crowe Lease Accounting Optimizer (CLAO), a provider of lease accounting for NetSuite users. Crowe LLP, a public accounting, consulting... Read Story
May 04, 2022, 07:03 AM


Bob Rinaldi sat down with legendary leasing and finance entrepreneur David T. Schaefer, CEO of Orion First, for an exclusive interview. Orion played a vital role in the great migration of companies to third-party servicing. Bookmark and watch this... Read Story
May 03, 2022, 07:22 AM


The winners of Fast Company’s 2022 World Changing Ideas Awards were announced May 3, honoring clean technology, innovative corporate initiatives, brave new designs for cities and buildings, and other creative works that are supporting the growth of... Read Story
May 03, 2022, 07:17 AM


Data Sales Co., a provider of lease financing and IT Asset Disposition (ITAD), has announced the start of its 50th year in business On May 5, Data Sales Co. will kick off its 50th anniversary celebration at its Burnsville, MN, headquarters.... Read Story
May 03, 2022, 07:12 AM


Varilease Finance, Inc. (VFI) a corporate financing firm specializing in equipment and project financing, announced the closing of its asset-backed securitization.The issuance shortly follows VFI’s investment grade rating by the NRSRO; the... Read Story
May 03, 2022, 07:00 AM


Jack Henry & Associates announced that Old Second National Bank has expanded its collaboration with Jack Henry to support the bank's digital and growth strategy.Among the largest locally headquartered banks in the Chicago area, Old Second benefited... Read Story
May 02, 2022, 07:00 AM


The Equipment Leasing and Finance Association’s annual Legal Forum to be held May 1-3 in Washington, D.C. features a “Legal Update” on recent noteworthy cases and an agenda packed with a wide range of topics from workouts to workplace issues that... Read Story
April 29, 2022, 07:13 AM


DLL, global provider of asset-based financial solutions, delivered strong results for the 2021 business year, highlighted by exceptional net profits. The company recorded both portfolio and income growth during the year, while risk costs improved... Read Story
April 28, 2022, 07:25 AM


Encina Equipment Finance, LLC (EEF) announced the closing of a new non-recourse secured revolving loan facility with initial lending commitments from three lenders totaling $450 million. The new facility provides EEF with additional committed... Read Story
April 28, 2022, 07:22 AM


CIT, a division of First Citizens Bank, announced its Community Association Banking group has been selected as winner of the "Best B2B Payments Platform" award for C-PropertyPay in the sixth annual FinTech Breakthrough Awards program. The recognition... Read Story
April 28, 2022, 07:03 AM


May River Capital, a Chicago-based private equity firm focused on lower middle market industrial growth companies, announced the creation of Automated Handling Solutions, a newly established platform offering highly engineered material handling... Read Story
April 27, 2022, 07:17 AM


Ascentium Capital LLC, a national commercial lender, announced a positive start to the year, wrapping up the first quarter of 2022 with $392.5 million in financed volume. The company exceeded Q1 2021 volume by $81.4 million or 26.2 percent. “We saw a... Read Story
April 26, 2022, 07:23 AM


Worldwide IT and business services revenue is expected to grow by 5.6 percent (in constant currency) in 2022, according to the International Data Corporation (IDC) Worldwide Semiannual Services Tracker. In nominal dollar denominated revenue based on... Read Story
April 25, 2022, 07:07 AM


Gordon Brothers, the global advisory, restructuring and investment firm, has received $300 million in financing from Canada Pension Plan Investment Board (CPP Investments) through its subsidiary CPPIB Credit Investments Inc., increasing the firm’s... Read Story
April 22, 2022, 07:30 AM


Wintrust Commercial Finance (WCF), a division of Wintrust Asset Finance Inc., is celebrating seven years in business this month.Since its inception in 2015 with four founding employees, WCF has since grown to a staff of 50, including new personnel... Read Story
April 21, 2022, 07:18 AM


Mitsubishi HC Capital America has provided Seattle, WA-based energy-efficiency-as-a-service (EEaaS) company Allumia with a $40 million debt facility, allowing Allumia to expand its up-front cost coverage from the company’s growing portfolio of energy... Read Story
April 20, 2022, 07:12 AM


It is estimated that over a billion people participate in Earth Day every year, making it the largest secular observance in the world. As a leading innovator in truck fleet business analytics, equipment financing, and life cycle cost management... Read Story
April 20, 2022, 07:00 AM


Midland Equipment Finance, a division of Midland States Bank, announce Frederick Van Etten, Midland Equipment Finance President, was named to Arizona State University Alumni Association’s Sun Devil 100 Class of 2022. The Sun Devil 100 is an annual... Read Story
April 19, 2022, 07:11 AM


Peapack-Gladstone Financial Corporation celebrates the fifth anniversary of the launch of its equipment leasing and financing arm, Peapack Capital. Over the past five years, Peapack Capital, a Peapack-Gladstone Bank subsidiary founded in April of... Read Story
April 18, 2022, 07:15 AM


At its Annual Meeting, Merchants Financial Group, Inc., (MFGI) announced to shareholders that its Board of Directors has approved a 3-for-1 stock split (200 percent stock dividend), meaning investors will receive an additional two shares for each... Read Story
April 18, 2022, 07:00 AM


Pitney Bowes Inc., a global shipping and mailing company that provides technology, logistics and financial services, announced it has signed a new credit facility for Medgluv, Inc. of Coral Springs, FL. Medgluv, a manufacturer and distributor of... Read Story
April 14, 2022, 07:14 AM


Maxim Commercial Capital reported strong results for the first quarter. The company kicked off the year with record low delinquencies, increased fundings to better credits and strong demand for cash-out financings secured by real estate and equipment... Read Story
April 14, 2022, 07:10 AM


AP Equipment Financing funded a record $63.5 million in Q1, 50 percent year-over-year increase from Q1 2021. AP funded 906 transactions in Q1 2022, with an average transaction size of $70,040. “Our continued focus on providing superior personalized... Read Story
April 12, 2022, 07:23 AM


Leasepath, the cloud-first Intelligent Workplace Finance Origination (LOS) and Customer Engagement (CRM) platform built for equipment and asset finance, announced the partnership and successful integration with ConnectedFi, the UK-based... Read Story
April 12, 2022, 07:10 AM


APPROVE announced the launch of a new tool that allows equipment sellers to embed financing estimates and application links in sales quotes with a few clicks.The APPROVE for Equipment Vendors Chrome extension is the latest tech-based solution that... Read Story
April 12, 2022, 07:05 AM


MidCap Business Credit increased its senior credit facility with Wells Fargo Capital Finance to $200 million. This upsize will enable MidCap to support the growth of its existing asset-based lending business and support the launch of its equipment... Read Story
April 12, 2022, 07:00 AM


Star Hill Financial LLC, a certified Women Business Enterprise based in Fairfield, CT, announced first quarter fundings totaling over $26 million across its Equipment Finance and Franchise Finance divisions. “After building out our team and processes... Read Story
April 11, 2022, 07:22 AM


Eqpme, the online heavy equipment rental marketplace, announced the launch of an equipment damage protection program that will be offered to its equipment rental customers. The program will be underwritten by Great American Spirit Insurance Company... Read Story
April 11, 2022, 07:20 AM


Pacific Western Bank, the wholly owned banking subsidiary of PacWest Bancorp, announced the release of the 2021 Environmental Social Governance Report, which is available here. Some of the key developments that are highlighted in the 2021 Report... Read Story
April 11, 2022, 07:10 AM


Fleet Advantage announced Katerina Jones, Vice President, Marketing and Business Development, has been named a 2022 Influential Business Woman by the South Florida Business Journal. Each year, the South Florida Business Journal recognizes... Read Story
April 08, 2022, 07:06 AM


JDR Solutions Inc., a provider of support services and infrastructure to the equipment finance industry, launched JDR Streamline. JDR Streamline is a support offering that leverages JDR resources to assist equipment finance organizations with their... Read Story
April 07, 2022, 07:19 AM


As the first quarter of 2022 wraps up, the commercial finance industry continues to deal with inflation, supply chain issues and war in Ukraine. Considering this constantly shifting environment, Mitsubishi HC Capital America has identified five... Read Story
April 07, 2022, 07:17 AM


Targeted Lending Co., LLC, an independent equipment finance company, announced its first quarter loan originations increase 60 percent from the same period last year and 125 percent over the first quarter of 2020.“Targeted Lending Co. continues to... Read Story
April 06, 2022, 07:15 AM


Amur Equipment Finance, Inc. announced the results of its record-breaking first quarter, which established new benchmarks for both application and origination volume and represented a year-over-year growth rate of 100 percent compared to first... Read Story
April 05, 2022, 07:23 AM


Quality Leasing Co., Inc. announced a 102.2 percent increase in funding volume for first quarter 2022 over Q1 2021. With a 70.5 percent increase in the number of transactions booked and average contract size rising 21.4 percent to just under $100,000... Read Story
April 05, 2022, 07:22 AM


North Mill Equipment Finance LLC (NMEF), an independent commercial equipment lessor headquartered in Norwalk, CT, announced that first quarter loan and lease originations reached an all-time high of $109 million, up 99 percent from the same period... Read Story
April 05, 2022, 07:19 AM


Kroll Bond Rating Agency released its Equipment Loan & Lease indices for March. March remittance reports showed solid credit performance across securitized equipment loan and lease pools during the month, as annualized net losses in KBRA’s headline... Read Story
April 04, 2022, 07:00 AM


Fleet Advantage announced Senior Vice President of Fleet Operations Brian Antonellis, CTP and Senior Vice President of National Accounts Don Davis were recognized as 2022 Pros to Know by Supply & Demand Chain Executive. Every year, Supply & Demand... Read Story
April 01, 2022, 07:15 AM


EquipmentShare, an equipment and digital solutions provider serving the construction industry, was named one of the top Missouri employers on the list of America’s Best Startup Employers 2022 by Forbes and Statista. On the list of 500 companies... Read Story
April 01, 2022, 07:11 AM


This week’s Foundation Friday showcase is the MCTD Foundation. The interview is with Kirsten Dargy, Marketing Manager at LTi Technology Solutions. Dargy shares her story on how she has been impacted by MCTD and her involvement with the MCTD... Read Story
April 01, 2022, 07:07 AM


LeaseAccelerator announced the results of the 2022 Global Lease Accounting Survey conducted with its partner, Ernst & Young LLP (EY). With the ASC 842 and GASB 87 effective date delays over, organizations worldwide must now create, implement and... Read Story
April 01, 2022, 07:05 AM


The move to clean energy is on for commercial truck dealers, OEMs and upfitters looking for opportunities to retain and gain a competitive advantage, as well as meet environmental and sustainability goals. Electric vehicles (EVs) are among the first... Read Story
March 31, 2022, 07:16 AM


QuickFi is a finalist in three categories for the 2022 Banking Tech Awards USA: Best Use of IT for Lending, Best Innovation and Best Digital Initiative. Other recognized finalists in these categories include JP Morgan Chase, Citizens Financial Group... Read Story
March 30, 2022, 07:12 AM


MetaBank, N.A. announced it is changing its name to Pathward, N.A. To unite the company under a single identity following a series of strategic acquisitions, MetaBank initiated a brand strategy review last year. The new name, Pathward, is born out of... Read Story
March 30, 2022, 07:06 AM


Orion First has begun servicing contracts for Universal Finance Corp. Massachusetts-based Universal Finance has over the last 40 years established itself as a premier lender to the construction industry. The company now serves clients in a wide range... Read Story
March 29, 2022, 07:20 AM


Equipment Finance Cares Ohio will be held Tuesday, April 26 from 1:30 p.m.-6 p.m. at Great American Insurance’s headquarters in Cincinnati.“We have a great program set for our first of four EFC events in 2022,” said Jesse Johnson, founder of... Read Story
March 29, 2022, 07:05 AM


CIT, a division of First Citizens Bank, announced it is launching a new lending and leasing vertical focused on financing fleet golf cars, turf (grounds care) equipment, utility vehicles and similar equipment.Golf & Turf is part of CIT’s Business... Read Story
March 25, 2022, 07:25 AM


DLL, a global financial solutions provider, announced the expansion of its partnership with Vermont-based 501C3 non-profit, One Tree Planted, benefitting reforestation efforts in 2022.For every donation, One Tree Planted works with reforestation... Read Story
March 25, 2022, 07:19 AM


QuickFi founder and CEO Bill Verhelle sat down recently with FinTech Futures for its signature What the FinTech? podcast.In the News in Numbers section, Verhelle discusses the importance of APIs and their key role in digital banking following a new... Read Story
March 25, 2022, 07:14 AM


National Funding, Inc., one of the largest U.S. specialty finance companies serving small- and medium-sized businesses, announced it has made a strategic growth investment in Finova Capital, a business lender focused on merchant finance and the... Read Story
March 24, 2022, 07:19 AM


Social responsibility (SR) is a high priority for executives across for-profit companies and nonprofit organizations, and serving the social good is perceived as becoming more important – even essential – for most organizations, according to a new... Read Story
March 24, 2022, 07:05 AM


Pitney Bowes Inc. announced it has partnered with Funding Circle, an online small business lending platform, to provide loans to their small business customers.Powered by Funding Circle’s world class machine learning and technology platform, Pitney... Read Story
March 23, 2022, 07:16 AM


Leasepath, the cloud-first Intelligent Workplace Finance Origination (LOS) and Customer Engagement (CRM) platform built for asset finance, has entered into a strategic partnership with IDology, a GBG company and leader in digital identification... Read Story
March 22, 2022, 07:20 AM


The first quarter Phoenix Management “Lending Climate in America” survey results reveals the majority of lenders anticipate geopolitical tension and an increase in interest rates to be the biggest economic headwind in 2022.Phoenix’s Q1 2022 “Lending... Read Story
March 21, 2022, 07:10 AM


FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global FinTech market, announced it has selected QuickFi by Innovation Finance USA, as winner of the “Best... Read Story
March 18, 2022, 07:21 AM


Fleet Advantage announced Katerina Jones, Vice President of Marketing and Business Development, and Jackie Jacobs, CLFP, Senior Fleet Transaction Analyst and Project Manager, were recognized as 2022 Top Women to Watch in Transportation by the Women... Read Story
March 18, 2022, 07:06 AM


Castlelake, a global alternative investment manager with 17 years of experience investing in asset-rich opportunities, and Chesswood Group, a specialty finance company with 40 years of experience in the commercial equipment finance market, announced... Read Story
March 17, 2022, 07:20 AM


Businesses are investing in technology to expand online operations and facilitate remote work during the pandemic. But many of those same businesses are also eager to see their employees return to the workplace in greater numbers over the long... Read Story
March 17, 2022, 07:15 AM


Crossroads Equipment Lease and Finance announced Lorraine Reynoso has been named one of Women in Trucking's 2022 Top Women to Watch in Transportation.Having held a variety of accounting, funding and customer facing roles over the past eight years... Read Story
March 16, 2022, 07:15 AM


Boston Financial & Equity celebrates Women's History Month by announcing that the last three of its four lease transactions are women-owned and women-run startup companies. All three have raised equity through venture and angel funds. All three are... Read Story
March 16, 2022, 07:10 AM


North Mill Equipment Finance LLC (NMEF), a mid-ticket equipment finance lender headquartered in Norwalk, CT, has launched a new company logo in support of the ongoing evolution and record growth of the organization. The brand refresh is timely as... Read Story
March 14, 2022, 07:22 AM


DLL, a global financial solutions provider and fully owned subsidiary of the Rabobank Group, announced an agreement with Mahindra & Mahindra Financial Services Limited (MMFSL) to extend their long-standing U.S. joint venture. The joint venture, under... Read Story
March 11, 2022, 07:25 AM


Siemens Smart Infrastructure and Siemens Financial Services launched a $100 million capital program aimed at advancing the decarbonization goals of small to medium sized enterprises. This infusion of capital will help small and medium businesses in... Read Story
March 11, 2022, 07:23 AM


Wells Fargo announced resources designed to help increase the growth of women-owned small businesses, including a $1.5 million grant to How Women Lead aimed at disrupting the unequal venture capital (VC) system for women founders. The grant will help... Read Story
March 11, 2022, 07:12 AM


Targeted Lending Co., LLC, a provider in the commercial equipment finance space, announced it has changed its name from Targeted Lease Capital, LLC and has launched its new interactive website www.targetedlending.com.Targeted Lending Co. (TLC) more... Read Story
March 09, 2022, 07:14 AM


Great Elm Capital Corp., a business development company, announced it has launched Great Elm Utica, LLC (GEU), a joint venture between GECC and Utica Leaseco, LLC, to co-invest in proprietary equipment financing transactions sourced by Utica.Founded... Read Story
March 07, 2022, 07:22 AM


LEAF Commercial Capital, Inc., a U.S. equipment leasing and finance company and subsidiary of People’s United Bank, announced its VAR Technology Finance and Vend Lease brands will become part of the LEAF brand. With this change, VAR Technology... Read Story
March 07, 2022, 07:16 AM


Kroll Bond Rating Agency (KBRA) released its Equipment Loan & Lease indices for February 2022.February remittance reports showed improving credit readings across securitized equipment loan and lease pools, as annualized net losses and 60+ day... Read Story
March 07, 2022, 07:00 AM


Independent niche asset finance funder, Rivers Leasing, and lease, loan and asset finance software solutions provider LTi Technology Solutions (LTi), have announced a partnership which provides small lenders with a platform that enables them to book... Read Story
March 03, 2022, 07:15 AM


AGCO Finance, a global provider of financing solutions for agricultural equipment, announced the official launch of its Climate Journey Campaign and associated thought leadership initiatives designed to reaffirm the organization as a trusted partner... Read Story
March 03, 2022, 07:10 AM


The Maurice A. Deane School of Law at Hofstra University has named Nicholas Tramposch as the recipient of the 2021-2022 Moritt Hock & Hamroff Business Law Honors Fellowship and Rachel November as the recipient of the 2021-2022 Marc L. Hamroff Annual... Read Story
March 03, 2022, 07:00 AM


This year’s Global Leasing Report is an exciting update for the industry, covering the status of global leasing markets in the months following the breakout of COVID-19. This one-of-a-kind report provides the data leasing firms need to understand the... Read Story
March 02, 2022, 07:22 AM


M&T Bank Chairman and CEO René Jones released his letter to shareholders, an annual tradition featuring candid insights on the banking industry and the communities in which M&T operates. This year's letter explores the impact of the pandemic, the... Read Story
March 02, 2022, 07:19 AM


The Truck Renting and Leasing Association (TRALA) announced Cohn & Dussi, LLC has joined as its newest Associate Member.Cohn & Dussi is a full-service Boston-based law firm. For more than 25 years, the firm has built a reputation for excellence in... Read Story
March 02, 2022, 07:10 AM


Shawn Smith, CEO of Dedicated Financial GBC, announced the company has launched a new website, www.dedicatedgbc.com.“We are pleased to be able to offer an enhanced user experience with our new website,” said Smith. “We have the best track record in... Read Story
March 01, 2022, 07:19 AM


“Equipping The Dream,” a reality show that debuted on deBanked TV in February, has become an immediate hit. The show, which takes place in Rochester, NH, and follows the journey of four aspiring business loan brokers through an equipment finance... Read Story
March 01, 2022, 07:00 AM


Cross River Bank, a technology driven infrastructure provider that offers embedded financial solutions, and Sunstone Credit, Inc., a technology-enabled solar loan finance platform for small and medium-sized businesses (SMBs), announced a partnership... Read Story
February 25, 2022, 07:05 AM


Xerox Holdings Corporation introduced FITTLE, the new name for its equipment financing business, at its Investor Day. The name is derived from “fit,” representing the right choice through speed, quality and ease of transacting, all of which are... Read Story
February 24, 2022, 07:25 AM


EPC, Inc., a wholly owned subsidiary of CSI Leasing, Inc. and one of the world’s largest IT asset disposition (ITAD) providers, announced the opening of a new Technology and Redeployment Center for used equipment in Saint Peters, MO, a suburb of St.... Read Story
February 24, 2022, 07:18 AM


The Bancorp Bank, the wholly owned banking subsidiary of The Bancorp, Inc., announced its newly established Conventional Loan Program for the funeral industry, provided through its Commercial Lending business.In partnership with Homesteaders Life... Read Story
February 23, 2022, 07:10 AM


Texas Capital Bancshares, Inc., the parent company of Texas Capital Bank, in coordination with the American Bankers Association (ABA), has expanded its Commercial Lending Certificate Program to Huston-Tillotson University in Austin, TX.Texas Capital... Read Story
February 23, 2022, 07:00 AM


Bob Rinaldi presents how artificial intelligence (AI) and machine learning can impact independent lessors in this video interviews blog, Leasing Avenues, with Scott Nelson Ph.D., President and Chief Digital Officer of Tamarack Technology, Inc. If you... Read Story
February 22, 2022, 07:21 AM


Food Logistics magazine has named Cristy Sinclair, Director of Food Safety for Penske Logistics, a recipient of the 2022 Rock Stars of the Supply Chain Award. The honor recognizes influential individuals whose achievements, hard work and vision have... Read Story
February 22, 2022, 07:05 AM


Equipment Finance Cares (EFC) announced the dates and locations for 2022 events.“We had three events last year that were well-attended and well-received by the equipment finance industry,” said Jesse Johnson, founder of Equipment Finance Cares. “EFC... Read Story
February 18, 2022, 07:11 AM


XS Financial Inc., a specialty finance company providing equipment financing solutions to cannabis companies in the United States, announce the following updates as of the year ended Dec. 31, 2021. Advancing its position as a leading CAPEX financing... Read Story
February 17, 2022, 07:05 AM


MMP Capital, a commercial financing company specializing in equipment financing, leasing and unsecured capital, announced 2021 was a record-breaking year with more than $203 million financed for MMP Capital clients. “The past two years have been a... Read Story
February 16, 2022, 07:19 AM


Solifi, a provider of mission-critical software for the secured finance industry, announced Exeter Finance extended its agreement to use the Solifi (formerly IDS and White Clarke Group) platform in more than 11,000 U.S. auto dealerships. Exeter... Read Story
February 15, 2022, 07:20 AM


After more than a decade of robust growth and the development of an impressive customer base throughout North America, Northpoint Commercial Finance announced its partnership with MitchCap to create a strategic Australasian partnership to better... Read Story
February 15, 2022, 07:07 AM


AP Equipment Financing has switched to use a remote online notarization (RON) for power of attorney and bills of sale documents during their customers’ transaction journey. This change to a RON will speed up the process of transactions for AP... Read Story
February 14, 2022, 07:15 AM


First National Capital has been awarded a Top Workplaces 2021 honor by Orange County Register Top Workplaces. The list is based solely on employee feedback gathered through a third-party survey administered by employee engagement technology partner... Read Story
February 11, 2022, 07:00 AM


Kapitus, a provider of small business financing, announced the closing of a $200 million asset-backed securitization (ABS). This new financing positions Kapitus for continued growth following a banner year in 2021, which saw the company’s highest... Read Story
February 10, 2022, 07:20 AM


The Greenbrier Companies, Inc. announced the completion of its first offering of railcar asset-backed securities (ABS) and long-term financing for GBX Leasing (GBXL), a joint venture between Greenbrier and The Longwood Group.GBXL’s wholly owned... Read Story
February 10, 2022, 07:19 AM


Pitney Bowes Inc., a global shipping and mailing company that provides technology, logistics and financial services, announced the Pitney Bowes Bank has signed a term loan and accompanying revolving line of credit with Zion Delivery Service, Inc... Read Story
February 10, 2022, 07:12 AM


NFS Leasing, Inc., a privately held provider of equipment finance across the U.S. and Canada, announced it is expanding its product offerings to include asset-based loans.An asset-based loan enables a company to access the equity in its business... Read Story
February 09, 2022, 07:20 AM


DLL, a global financial solutions provider, announced that the Commercial Finance Global Business Unit’s proprietary processing hub, @onceCF, is now live globally in 19 countries, 17 languages and 11 currencies. @onceCF enables Commercial Finance... Read Story
February 09, 2022, 07:15 AM


CSI Leasing, Inc. is kicking off its fiscal year by commemorating a significant milestone in its history, as 2022 marks the company’s 50th anniversary. To celebrate this important anniversary in a meaningful way, CSI will make a $50,000 donation to... Read Story
February 09, 2022, 07:12 AM


ENGS Commercial Finance Co., (ENGS), a member of Mitsubishi HC Capital Group (MHC), announced financial results for Fiscal Year 2021, with record originations and portfolio growth.In 2021, the ENGS equipment finance business originated more than $850... Read Story
February 08, 2022, 07:24 AM


White Oak Global Advisors, LLC (WOGA), a global alternative asset manager providing flexible and secure funding to help businesses grow, announced that the firm, together with its financing affiliates (collectively, White Oak), originated $2.1... Read Story
February 08, 2022, 07:18 AM


Ryder System, Inc., a provider of supply chain, dedicated transportation and commercial fleet management solutions, announced it has been named by Fortune magazine as one of the World's Most Admired Companies for 2022. This is the 10th consecutive... Read Story
February 08, 2022, 07:08 AM


First Business Bank has announced it has earned the 2022 Top Workplaces USA award, issued by Energage. The Top Workplaces program has a 15-year history of surveying more than 20 million employees and recognizing the top organizations across 60... Read Story
February 08, 2022, 07:00 AM


KBRA released its Equipment Loan & Lease indices for January. January remittance reports showed mixed credit readings across securitized equipment loan and lease pools during the December collection period. Annualized net losses in KBRA’s headline... Read Story
February 07, 2022, 07:07 AM


Liventus announced it has been recognized as a Great Place to Work company 2022 in the United States. The certification recognizes best workplaces and work culture based on a transparent employee survey. The survey was conducted over a period of... Read Story
February 07, 2022, 07:01 AM


1st Star Alacer LLC announced the availability of a range of professional services to help customers value, sell and finance manufacturing assets of machinery and equipment and inventory. The company now provides its customers in the U.S. with... Read Story
February 07, 2022, 07:00 AM


Ascentium Capital LLC, a national commercial lender, exceeded projections, reporting fourth quarter funding volume of $374.6 million. Fueled by strong performance in the quarter, the company ended the year at $1.43 billion, up 14 percent over the... Read Story
February 04, 2022, 07:23 AM


This week’s Equipment Finance Cares Foundation Friday showcase is the Tour de Cure- American Diabetes Association. The interview is with Todd Buzard, from First American Equipment Finance. Click here for video interview. On Aug. 26, 2016, Buzard’s... Read Story
February 04, 2022, 07:00 AM


KWIPPED Inc. announced it has changed its name and will now do business as APPROVE. Launched in 2015, KWIPPED is a B2B equipment marketplace and e-commerce platform that enables businesses to efficiently rent, buy or finance a wide range of equipment... Read Story
February 03, 2022, 07:14 AM


The American Association of Commercial Finance Brokers (AACFB) announced Kyla Rangaard as the winner of its 2022 educational scholarship.In October of 2020, the AACFB announced the new scholarship program open to high school seniors and students... Read Story
February 03, 2022, 07:00 AM


Solifi (formerly IDS), a global software partner for secured finance, exited 2021 – a transformational year of growth – with the launch of its new website www.solifi.com. The website encompasses the company’s complete market-leading portfolio of... Read Story
February 02, 2022, 07:23 AM


JDR Solutions Inc., a provider of support services and infrastructure to the equipment finance industry, announced that 2021 was its highest revenue-generating year in company history.“JDR continues to keep their finger on the pulse of the... Read Story
February 02, 2022, 07:21 AM


NFS Leasing, Inc. announced that it achieved 16 percent year-over-year growth of originations in 2021.“Our growth throughout 2021 speaks to the strength of our team, our ability to move quickly in response to company inquiries and the value we bring... Read Story
February 02, 2022, 07:20 AM


First American Equipment Finance announced it was honored as No. 29 on the 2022 Top Workplaces USA list (150-499 full-time equivalent), issued by Energage. Energage is a purpose-driven organization that develops solutions to build and brand Top... Read Story
February 02, 2022, 07:16 AM


Visual Lease announced results from 2021, reporting a 29 percent increase in customer count and 28 percent increase in annual recurring revenue year-over-year, making it the fourth consecutive year that the company has experienced double-digit growth... Read Story
January 31, 2022, 07:00 AM


Amur Equipment Finance, Inc. closed its 10th term securitization - its largest ever - in which it issued $483 million in notes secured by equipment loans and leases originated through its platform.“We entered 2021 with an ambitious growth plan, which... Read Story
January 28, 2022, 07:23 AM


Mitsubishi HC Capital (U.S.A.) Inc. recently surpassed $1.5 billion in lease and finance originations through its Corporate Asset Finance group (CAF). Launched six years ago, CAF has transacted with over 200 new customers and recorded over $4.5... Read Story
January 28, 2022, 07:19 AM


LeaseQuery announced it surpassed 2,000 customers in 2021, seeing 50 percent customer growth amid other key growth areas in last year. LeaseQuery’s momentum throughout 2021 is attributed to expanded product offerings to meet evolving customer and... Read Story
January 28, 2022, 07:00 AM


BlueCrest, a global provider in the high-volume postal and parcel automation market, announced the launch of BlueCrest Financial Services. BlueCrest Financial Services is a new offering that provides flexible financing tailored to each client’s... Read Story
January 27, 2022, 07:14 AM


Boston Financial & Equity recently closed a $3 million equipment lease line pari-passu with a partner.The company based in California, formed in May 2021, has raised a $20 million A round and is focused on the lithium ion battery manufacturing... Read Story
January 27, 2022, 07:12 AM


Tamarack Technology, Inc., a provider of independent software solutions in the equipment finance and commercial lending industry, has launched its artificial intelligence (AI) offering. Tamarack.ai is a business intelligence and productivity platform... Read Story
January 26, 2022, 07:23 AM


Wingspire Capital achieved a milestone of exceeding $1 billion in commitments in just its second year of operations as it provided more than $600 million in senior secured financing commitments for 2021.Wingspire’s 2021 transactions ranged in size... Read Story
January 26, 2022, 07:09 AM


Maxim Commercial Capital announced it fulfilled the financing needs of small and mid-sized businesses (SMBs) in 41 states during 2021, despite global disruptions in the equipment industry and the lingering pandemic. Maxim lends from $10,000 to $3,000... Read Story
January 25, 2022, 07:14 AM


Middle-market companies and private-equity firms foresee an extremely strong year for the M&A market in 2022, with bullish forecasts for both deal volumes and for company valuations, according to a Citizens survey of 400 leaders at U.S. middle market... Read Story
January 24, 2022, 07:12 AM


Every year, AP Equipment Financing encourages its team members to nominate their favorite charity for a charitable donation. AP wants to give back to organizations that their employees hold near and dear to their hearts, whether it is a local... Read Story
January 24, 2022, 07:00 AM


Northteq, Inc. continues to grow its impact on the equipment finance industry with the onboarding of 25 new loan origination clients in 2021. Attributing to the success, Northteq continues to partner with fintech companies to help create an enhanced... Read Story
January 21, 2022, 07:17 AM


First American announced applications for its Future Leaders of Manufacturing Scholarship are open and being accepted through March 10.In its fifth year, the scholarship award is for $3,000 and will be granted to a college student pursuing a degree... Read Story
January 21, 2022, 07:05 AM


This week’s Foundation Friday showcase is the St. Teresa Orphans Foundation. The interview is with Willis Kleinjan, CEO of Northland Capital.Click here for video interview. St. Teresa Orphans Foundation (STOF) is a non-profit organization which... Read Story
January 21, 2022, 07:00 AM


Wingspire Capital announced the expansion of its product mix with the creation of a dedicated Equipment Finance division that will offer a full suite of flexible capital solutions delivered with Wingspire’s trademark level of creativity, flexibility... Read Story
January 20, 2022, 07:24 AM


ACG Equipment Finance, a division of American Bank, N.A., originated a record $107 million in funded equipment finance contracts in 2021, a 39 percent increase over 2020.“Our 2021 results can be attributed to our highly skilled and experienced team... Read Story
January 20, 2022, 07:10 AM


Orion First has surpassed $3 billion in assets under management. This milestone comes shortly after reaching its previous benchmark of $2 billion in 2020.The assets under management consist of small business commercial loans and leases for which... Read Story
January 19, 2022, 07:25 AM


Dedicated Financial GBC CEO Shawn Smith reported the company’s 2021 charitable impact, which included feeding approximately half a million children and contributing over a quarter of a million dollars to charitable causes that are important to the... Read Story
January 19, 2022, 07:15 AM


Constellation Financial Software, a leasing and portfolio management software provider, announced the rebrand of Casitron to Focus, as well as its immediate availability in the U.S. Focus was previously known as Casitron in the Canadian leasing and... Read Story
January 19, 2022, 07:00 AM


Commercial Fleet Financing, Inc., a provider of transportation equipment financing, reported annual financial results ending Dec. 31, 2021, of $196,466,000 in fundings. CFF funded 2,357 transactions with an average transaction size of $83,300."Our... Read Story
January 18, 2022, 07:15 AM


South End Capital, a division of Stearns Bank N.A., a nationwide $2.2 billion direct lender and tech-enabled business, real estate and equipment loan platform offering loans from $1,000 to $80 million in all 50 States and D.C., has announced the... Read Story
January 14, 2022, 07:02 AM


Global Business Development Division (GBD), a New York-based sales team at Mitsubishi HC Capital (U.S.A.) Inc. (MHCUSA), has closed a $13 million working capital financing for large wind power projects outside the United States.MHCUSA is acting in... Read Story
January 14, 2022, 06:50 AM


Regents Capital Corporation, a provider of equipment leasing and financing solutions to middle-market borrowers, announced the closing of a $25.0 million investment-grade rated corporate note financing provided by a consortium of prominent... Read Story
January 13, 2022, 07:21 AM


Bob Rinaldi announced the latest addition to his Leasing Avenues blog with a video interview with Chris Chiappetta, a long-time leasing entrepreneur who navigated the process from being a startup broker, to a lessor, to a successful exit, to First... Read Story
January 13, 2022, 07:20 AM


CIT, a division of First Citizens Bank, announced its Aerospace, Defense and Government business provided financing for seven leased helicopters managed by Thora Capital.The helicopters, used for emergency medical transport services, are on long-term... Read Story
January 13, 2022, 07:19 AM


ENGS Commercial Finance Co., a member of Mitsubishi HC Capital Group (MHC), announced an integration with Box, a leader in cloud content management, to elevate its back-office system for securely managing customer account records.The Box integration... Read Story
January 13, 2022, 07:08 AM


Ivory Consulting Corporation, a provider of equipment lease and loan software, announced SuperTRUMP, its flagship product and the proven solution for modeling and pricing complex leases and loans, has been selected by five asset finance businesses in... Read Story
January 13, 2022, 07:07 AM


The Risk Management Association (RMA) announced that 19 leading banks have formed the RMA Climate Risk Consortium ("The Consortium"), which will develop standards for banks to integrate climate risk management throughout their operations, preparing... Read Story
January 13, 2022, 07:05 AM


Financial Partners Group (FPG) announced FY 2021 as a record year for the company. FPG closed December with a record $52 million in origination volume, bringing the company to a total $370 million for 2021. “The trajectory continues to quickly move... Read Story
January 12, 2022, 07:25 AM


Wintrust Specialty Finance (WSF), a division of Beverly Bank & Trust Company, N.A., exceeded a half-billion dollars in assets and three-quarter billion dollars in funding in its first three years by earning market share with equipment vendor partners... Read Story
January 12, 2022, 07:24 AM


Trinity Capital Inc., a specialty lending company that provides debt, including loans and equipment financing, to growth-stage companies backed by technology banks, venture capital and private equity firms, announced highlights for the quarter and... Read Story
January 11, 2022, 07:10 AM


For the third year in a row, Onset Financial has obliterated its previous year’s funding totals, with over $550 million in total lease transactions. This number represents a nearly 90 percent increase in year-over-year total business volume."One of... Read Story
January 10, 2022, 07:23 AM


KBRA released its Equipment Loan & Lease indices for December 2021.December remittance reports showed credit performance weakened across most securitized equipment loan and lease pools during the November collection period. Annualized net losses in... Read Story
January 10, 2022, 07:00 AM


Shawn Smith, CEO of Dedicated Commercial Recovery, Inc., announced the company is becoming Dedicated Financial GBC to reflect its expanding business and charitable support programs.“Since our founding, we have been a financial services company... Read Story
January 07, 2022, 07:20 AM


North Mill Equipment Finance LLC (NMEF) a commercial equipment lender headquartered in Norwalk, CT, announced 2021 was the best year in the company’s six decades-long history. Organic originations reached an all-time high and delinquencies hit an all... Read Story
January 07, 2022, 07:17 AM


This week’s Foundation Friday showcase is the multiple foundations/charities that Dedicated Commercial Recovery supports. The interview is with Shawn Smith, from Dedicated Financial GBC. Click here for video interview. Foundations and Charites... Read Story
January 07, 2022, 07:00 AM


Fairfield Capital Group, LLC announced its renewable energy practice advised, arranged and closed almost $360 million of lease financings for renewable energy equipment in 2021. Fairfield Capital, which was founded in 2004, is a boutique investment... Read Story
January 06, 2022, 07:19 AM


Amur Equipment Finance, Inc. has been Certified by Great Place to Work for the fourth year in a row. This year, Amur employees again confirmed that the company is a Great Place to Work, rating Amur 31 points higher than the average U.S. company.“This... Read Story
January 06, 2022, 07:18 AM


AP Equipment Financing funded a record $239 million in 2021, a 22 percent growth over 2020. AP’s growth came despite supply chain issues and equipment shortages that affected its vendors customers in 2021.AP Equipment Financing President Chris Lerma... Read Story
January 05, 2022, 07:30 AM


Shea Huston and Brian Slipka, co-founders and Partners at Honour Capital, announced that in 2021 the company completed transactions totaling over $100 million in capital financing. Honour Capital launched in October 2020.“We have experienced... Read Story
January 05, 2022, 07:23 AM


AACFB lost one of its founding members and former board member, Jim Blizzard, on Dec. 31. He passed at his home in Goldsboro, NC, and is survived by his wife of 53 years Dickey Blizzard, daughter Jamey Howey and his granddaughter Madelyn Howey as... Read Story
January 05, 2022, 07:17 AM


Small and midsize U.S. business leaders remain confident in their companies and resourceful in their approaches to confronting macroeconomic challenges that have created growing pains over the last year, finds JPMorgan Chase’s 2022 Business Leaders... Read Story
January 05, 2022, 07:15 AM


NETSOL Technologies, Inc., a worldwide IT and enterprise application solutions provider to the global asset finance and leasing industry, has successfully achieved SOC 2 Type 1 compliance, with a global audit conducted by A-LIGN, the first licensed... Read Story
January 05, 2022, 07:00 AM


Western Equipment Finance transitioned from a subsidiary to a division of Western State Bank effective Jan. 1, 2022. The finance company will continue to operate as a leader in the equipment finance sector with its current tradename of Western... Read Story
January 03, 2022, 07:15 AM


Trinity Industries, Inc. announced the completion of the previously announced sale of its highway products business for $375 million in cash subject to certain adjustments based on levels of cash, debt, and working capital at closing and for certain... Read Story
January 03, 2022, 07:05 AM


Dedicated Commercial Recovery CEO Shawn Smith and Lease Security Systems President Frank Thibodeau announced their companies have forged an agreement for a mutual referral relationship. The agreement centers on Dedicated Commercial Recovery use of... Read Story
December 29, 2021, 07:22 AM


Cerebro Capital, a commercial loan marketplace, released its Q3 2021 survey on non-bank lending for middle-market commercial and industrial (C&I) loans. Cerebro reports lenders continued to ease lending standards, making it easier for businesses to... Read Story
December 29, 2021, 07:14 AM


BNP Paribas Leasing Solutions announced the successful issuance of its first securitization on behalf of its affiliate BNP Paribas Lease Group SA. The $566 million (EUR 500 million) transaction is the first ever public securitization on professional... Read Story
December 28, 2021, 07:15 AM


South End Capital, a division of Stearns Bank N.A., a commercial lender and tech-enabled business, real estate and equipment finance platform, has announced another record-breaking month for equipment financing. The 499 equipment financings in... Read Story
December 27, 2021, 07:18 AM


The results of a nationwide survey conducted by Balboa Capital, a business lender specializing in equipment financing and small business loans, reveal 82 percent of small business owners (SBOs) plan to use Section 179 of the Internal Revenue Code to... Read Story
December 22, 2021, 07:19 AM


LTi Technology Solutions, a provider of a lease and loan cloud platform to equipment and asset-based finance companies, announced it has donated over $5,000 to foster charity Foster Love.Foster Love is a local shopping boutique where local foster... Read Story
December 20, 2021, 07:07 AM


BankProv, a commercial bank that offers adaptive and technology-first banking solutions to emerging markets, announced its partnership with CrossTower, a trading platforms and digital asset investment firm, to provide equipment financing for Bitcoin... Read Story
December 17, 2021, 07:25 AM


Accord Financial Corp. announced the closing of its first private securitization facility agented by a Fortune 500, A.M. Best A+ rated Canadian life insurance company. This $100 million facility is a significant milestone for Accord, advancing the... Read Story
December 17, 2021, 07:22 AM


This week’s Foundation Friday showcase is The Tam Ky Project. The interview is with Maggie Holly, Credit and Operations Manager at Hanmi Bank and President/Founder of the Tam Ky ProjectClick here for video interview. The Tam Ky Project improved the... Read Story
December 17, 2021, 07:00 AM


First Business Bank announced the closing of a $4 million inventory floorplan line of credit for Direct Auto, an independent car dealer in Mississippi, through First Business Bank’s Floorplan Financing group.Owners of Direct Auto, Art Hadler, Jr. and... Read Story
December 16, 2021, 07:18 AM


CIT Group's Middle Market Banking business provided $6.3 million to refinance corporate office properties for Diamond Communications LLC. Diamond Communications is one of the largest private wireless infrastructure companies in the U.S., managing... Read Story
December 16, 2021, 07:10 AM


CIT Group Inc. announced the results of its fourth annual One Million Meals campaign to fight hunger in partnership with Feeding America. CIT customers, employees, social media fans and others joined in to support the donation of 1.5 million meals to... Read Story
December 14, 2021, 07:10 AM


Regents Capital Corporation has been awarded a 2021 Top Workplaces honor by The Orange County Register and is ranked at No. 19 in the small business category. The list is based solely on employee feedback gathered through a third-party survey... Read Story
December 14, 2021, 07:00 AM


The NFIB Research Center released the quarterly Small Business Economic Trends industry report, highlighting the construction, manufacturing, retail and services industries.“Small businesses in every industry are facing challenges like the staffing... Read Story
December 13, 2021, 07:10 AM


Atalaya Capital Management, an alternative asset manager focused on asset-backed private credit and special opportunities, announced the securitization of equipment leasing assets from its Atalaya Equipment Leasing Fund I (AELF). The ABS issuance was... Read Story
December 10, 2021, 07:24 AM


Andrea B. Smith, a longtime member of Bank of America’s executive management team, was honored as the Charlotte Regional Business Alliance’s 2021 Citizen of the Carolinas.The Alliance’s most prestigious award is given annually to a Carolinian who has... Read Story
December 10, 2021, 07:15 AM


This week’s Foundation Friday showcase is The Ridgewood School in Springfield, OH. The interview is with Scott Thacker of Ivory Consulting.Click here for video interview To donate please go to: https://www.ridgewoodschool.org/giving/ Read Story
December 10, 2021, 07:00 AM


KKR, a global investment firm, announced the launch of Stellar Renewable Power, a new platform that will source, develop and operate utility-scale solar plants and storage facilities on behalf of KKR’s asset-based finance (ABF) strategy. Stellar will... Read Story
December 09, 2021, 07:22 AM


Channel announced it has completed its first securitization, a $105 million issuance of asset-backed notes collateralized by small business loans and advances across a diverse set of industries.The notes consist of three classes, rated A (sf), BBB... Read Story
December 08, 2021, 07:21 AM


Centra Funding, an equipment financing company serving many small companies and equipment vendors nationwide, has joined the APPROVE lending network, a fintech solution with algorithms that match B2B equipment buyers with optimized equipment... Read Story
December 08, 2021, 07:20 AM


PEAC Finance has completed a major project to upgrade Alfa Systems, subsequently launching new business for its recently acquired Barclays Asset Finance operation.Alfa, creator of the leading asset finance software platform Alfa Systems, has... Read Story
December 08, 2021, 07:10 AM


The first Soil-as-a-Service (SaaS) company, MyLand Company LLC, announced it has entered into a financing agreement with CSC Leasing Company, a family-owned equipment leasing firm. The leasing facility will allow MyLand to expand its installed base... Read Story
December 08, 2021, 07:05 AM


Onset Financial was honored to host the Fourth Annual Onset Gives Winter Gala at The Grand America in Salt Lake City, UT. The event was held in honor of those affected by breast cancer – awareness and early detection were the focus of the... Read Story
December 07, 2021, 07:10 AM


Fortune and Great Place to Work have honored First American Equipment Finance as one of the 2021 Best Workplaces for Parents. It is First American’s first time being named to this prestigious list, coming in at 49th place.The Best Workplaces for... Read Story
December 06, 2021, 07:20 AM


Accord Financial closed a $15 million facility for an oil and gas services company. Its newest client provides transportation, environmental and related services to the Oil and Gas sector. With operations in Alberta and BC, this company, a leader in... Read Story
December 03, 2021, 07:10 AM


Verdant Commercial Capital announced it is moving its headquarters to a new location in Cincinnati, OH. Due to its growth and the number of new employees the company has added over the past four years, Verdant needed to expand its main... Read Story
December 02, 2021, 07:05 AM


Commercial Equipment Finance, Inc. (CEFI), an independent commercial equipment finance company headquartered in Puerto Rico, announced it has closed a $90.9 million asset-backed security (ABS) transaction. The proceeds will be used to pay down... Read Story
December 01, 2021, 07:19 AM


Solifi (formerly IDS), a global fintech software partner for secured finance, announced Sunflower Bank as its first client to move mission-critical asset-based lending (ABL) operations to the Solifi software-as-a-service (SaaS) platform. Solifi... Read Story
December 01, 2021, 07:18 AM


Supply chain disruptions are a prominent concern currently in the U.S. and across the globe. “We are all aware of the container ships lined up at ports, and months’ long delays in delivery times,” said Kirk Mann, Senior Vice President and General... Read Story
November 30, 2021, 07:18 AM


Kroll Bond Rating Agency (KBRA) released its outlook on the ABS sector, examining key trends from 2021 and providing forecasts for the new year.KBRA expects some of the same tailwinds that benefited the ABS market over the past year to continue into... Read Story
November 30, 2021, 07:07 AM


The International Factoring Association (IFA) is saddened to announce that Founder and Executive Director Bert Goldberg has died after his battle with cancer. Mr. Goldberg was diagnosed in April, 2021, with stage four pancreatic cancer. He passed... Read Story
November 30, 2021, 07:05 AM


Fleet Advantage announced Al Barner, CTP, Vice President of Business Development, will be presenting at the CCJ Solutions Summit. Barner will address Equipment Spec’ing With Drivers In Mind, and his session will take place on Dec. 1, from 4 – 4:45... Read Story
November 30, 2021, 07:00 AM


Mitsubishi HC Capital Canada (formerly Hitachi Capital Canada) has been named a winner of the 2021 Canada’s Most Admired Corporate Cultures program. This national program recognizes best-in-class Canadian organizations for fostering high-performance... Read Story
November 29, 2021, 07:17 AM


DLL and the European Investment Bank (EIB) have signed new lending agreements that will make available up to $418.8 million in new lending to climate-conscious SMEs in the Benelux. The EIB will provide $68 million in sustainability lending for... Read Story
November 29, 2021, 07:15 AM


1st Commercial Credit, LLC, a nationwide funding company that specializes in accounts receivable factoring and trade payable financing, has introduced an equipment financing program for various size companies, credit score ranges and industries. 1st... Read Story
November 22, 2021, 07:24 AM


Wolters Kluwer Compliance Solutions has named Illinois-based Wintrust Financial Corporation (Wintrust) and Armed Forces Bank (AFB), headquartered in Leavenworth, KS, as winners of its 2021 Community Impact Award. The announcement was made at the... Read Story
November 22, 2021, 07:12 AM


Solifi (formerly IDS), a global fintech software partner for secured finance, announced it has secured 11 new customers and 14 go-lives to date in 2021. With its unique open finance platform driving record-breaking growth and digital transformation... Read Story
November 19, 2021, 07:24 AM


Visual Lease announced it ranked No. 264 on the Deloitte Technology Fast 500, a list of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech and energy tech companies in North America. Visual Lease’s revenue grew by... Read Story
November 19, 2021, 07:05 AM


This week’s Foundation Friday showcase is Technovation [MN}. The interview is with Deborah Reuben, CEO and Founder of TomorrowZone, and Lisa Schlosser, Executive Director of Technovation [MN]. Click here for video interview: “Enabling young women to... Read Story
November 19, 2021, 07:00 AM


First American Equipment Finance opened its new doors at 211 High Point Drive in Victor, NY. The equipment finance company built its innovative new headquarters to accommodate growth and the evolving work environment. Since 1999, First American’s... Read Story
November 18, 2021, 07:20 AM


SatLease Capital announced its official takeoff aiming to disrupt the satellite telecommunications industry, revolutionizing the way that firms finance telecommunications equipment. The new venture is focused on serving both maritime and land... Read Story
November 18, 2021, 07:18 AM


LeaseQuery announced it ranked No. 93 on the Deloitte Technology Fast 500, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech and energy tech companies in North America, now in its 27th year. LeaseQuery... Read Story
November 18, 2021, 07:03 AM


KeyBank announced a $300,000 donation to the University of Colorado Leeds School of Business Office of Diversity Affairs in support of the school’s diversity, equity and inclusion efforts.The financial commitment will allow the Leeds School of... Read Story
November 17, 2021, 07:22 AM


GA Telesis closed a new five-year, $225 million ABL credit facility led by HSBC Bank USA and Fifth Third Bank as Joint Lead Arrangers. The syndication was met with overwhelming interest and allowed the Company to improve terms while expanding its... Read Story
November 16, 2021, 07:02 AM


This week’s Foundation Friday showcase is The Slipka Foundation. The interview is with Brian Slipka, Founder and Partner of Honour Capital and Co-Founder of the Slipka Foundation.  Click here for video interview. The Slipka Foundation supports... Read Story
November 12, 2021, 07:00 AM


ENGS Commercial Finance Co., a member of Mitsubishi HC Capital Group, has been awarded a Top Workplace 2021 honor by the Chicago Tribune Top Workplaces as one of the most dynamic and industry leading business in the Chicagoland area. This marks the... Read Story
November 10, 2021, 07:11 AM


Leica Geosystems announced the launch of a new, tech-driven equipment financing solution, APPROVE, for its customers.APPROVE, which integrates financing options into Leica’s website and all points-of-sale, was developed by KWIPPED Inc., a technology... Read Story
November 10, 2021, 07:05 AM


Chesswood Group Limited, a publicly traded North American specialty finance company providing commercial equipment leases and loans, business loans and home improvement financing, reported its results for its third quarter ended Sept. 30."The third... Read Story
November 08, 2021, 07:17 AM


Kroll Bond Rating Agency (KBRA) released its Equipment Loan & Lease indices for October 2021.KBRA’s Equipment Loan & Lease Index exhibited relatively stable credit performance during the October reporting period. Annualized net losses remained below... Read Story
November 08, 2021, 07:10 AM


This week’s Equipment Finance Cares Foundation Friday showcase is Love Life Now Foundation. The interview is with Lovern Gordon, from Boston Financial and Founder of Love Life Now.  Click here for video interview:... Read Story
November 05, 2021, 07:00 AM


Global vendor finance company DLL announced the closing of “DLLMT 2021-1,” a U.S. securitization transaction issuing notes totaling $1 billion. The notes are backed by loans and leases secured with construction, transportation and industrial related... Read Story
November 04, 2021, 07:25 AM


Metropolitan Commercial Bank announced it has been included in Fortune’s 100 Fastest-Growing Companies for 2021. Fortune’s annual list ranks the top-performing publicly traded companies in revenues, profits and stock returns over the three-year... Read Story
November 04, 2021, 07:10 AM


Ascentium Capital LLC announced continued growth during the third quarter of 2021. Financing volume increased $82 million, up 26 percent from the prior-year period. Strategic execution and ongoing economic recovery resulted in strong performance this... Read Story
November 03, 2021, 07:20 AM


Trinity Capital Inc., a specialty lending company that provides debt, including loans and equipment financing, to growth stage companies backed by technology banks, venture capital and private equity firms, announced it has entered into a new $300... Read Story
November 02, 2021, 07:22 AM


CIT Group Inc. announced the start of its annual partnership with Feeding America to help provide One Million Meals to people facing hunger across the country."We're proud to again partner with Feeding America on our annual hunger-relief campaign to... Read Story
November 02, 2021, 07:07 AM


At its launch event, DFS Solutions introduced the Certified Commercial Finance Managers Association (CCFMA). “The CCFMA will serve not only as the governing body for CCFMs but will also provide comprehensive education programs to help those in our... Read Story
November 02, 2021, 07:05 AM


The European Investment Bank and DLL Ireland formally agreed on a new $93.5 million (EUR 80 million) green business investment initiative, set to accelerate adoption of low energy and low emission equipment and machinery by companies across... Read Story
October 29, 2021, 07:16 AM


This week’s Foundation Friday showcase is Beyond Blindness in Santa Ana, CA. The interview is with Jaimie Haver, from Happy Manufacturing, Kevin Fuhrmann - Director of Fund Development and Carol Trapani - Board Chair from Beyond Blindness. Click here... Read Story
October 29, 2021, 07:00 AM


Solifi, formerly IDS, a global fintech software partner for secured finance, announced Stonebriar Commercial Finance has extended its relationship with Solifi as Solifi provides its software-as-a-service (SaaS) technology platform to support... Read Story
October 27, 2021, 07:24 AM


Chesswood Group Limited announced that its subsidiary Pawnee Leasing Corporation has closed its marketed U.S. securitization of receivables. Proceeds from this securitization totaled $356 million and will be used to repay Pawnee's warehouse facility... Read Story
October 27, 2021, 07:20 AM


Bridge Bank announced it has increased the credit facility provided last year to YES Leasing, a Miami, FL-based commercial equipment leasing company specializing in funding business owners with challenged credit. The increased credit facility will... Read Story
October 27, 2021, 07:00 AM


Element Fleet Management Corp. announced its relationship with industry leaders ChargePoint and WEX to provide Element clients with access to ChargePoint’s growing nationwide charging network. This strategic relationship provides a consolidated... Read Story
October 25, 2021, 07:10 AM


Ritchie Bros.’ October Market Trends Report continues to show positive pricing trends across all its equipment indexes, with vocational truck prices up 35 percent in the United States, while truck tractors and medium earthmoving are up 46 percent and... Read Story
October 25, 2021, 07:05 AM


Onset Financial continues funding at a record-breaking pace in 2021 as it aims to surpass a half-billion dollars in annual fundings by the completion of October.“We are grateful to our customers and funding partners who have made this year possible.... Read Story
October 22, 2021, 07:24 AM


Verdant Commercial Capital announced the company has surpassed its first $1 billion in equipment financing originations. This milestone means Verdant has helped its equipment vendor business partners finance more than $1 billion in equipment for... Read Story
October 22, 2021, 07:22 AM


Equipment Finance Cares announced its latest initiative, Foundation Fridays. “The Foundation Friday’s initiative will allow for additional awareness to the charities and foundations that equipment finance professionals are associated with,” said... Read Story
October 22, 2021, 07:00 AM


Commercial Credit Group Inc. (CCG), an independent commercial equipment finance company based in Charlotte, NC, announced the closing of a 144a privately placed term asset-backed security (ABS) transaction. The $319,395,000 financing was placed with... Read Story
October 21, 2021, 07:20 AM


SMBC, a member of SMBC Group, announced it has closed a $642 million Green Loan and acted as Co-Managing Underwriter on $273 million of Private Activity Bonds (Green Bonds) for the construction of the FM Area Diversion Project in the Fargo-Moorhead... Read Story
October 21, 2021, 07:05 AM


TBF Financial has moved its headquarters to new offices equipped with features that improve the comfort, wellness and productivity of its staff, CEO Brett Boehm announced. The company buys commercial debt and is the leading purchaser of... Read Story
October 20, 2021, 07:17 AM


Encina Lender Finance, LLC (ELF) announced it has provided an inaugural senior credit facility to Urban Us Capital, LLC, a venture capital platform providing both structured equity and debt investments engaged in origination and servicing of... Read Story
October 20, 2021, 07:16 AM


Hanmi Bank Equipment Finance Group set monthly and quarterly funding records for the recently completed third quarter 2021. “We are very lucky to have great relationships with our originating partners – we are looking forward to reaching the $100... Read Story
October 18, 2021, 07:18 AM


Alfa, provider of Alfa Systems, has announced a new thought leadership series, Innovation in Implementation.In the series, various individuals from Alfa draw on their talent and experience to discuss how asset finance organizations can work in an... Read Story
October 18, 2021, 07:12 AM


Merchants Fleet, a fleet management company, announced a major expansion of its core member funding group to include some of the top banks in the world, enabling the company to access $2 billion of capacity to lease vehicles and equipment for clients... Read Story
October 14, 2021, 07:20 AM


AP Equipment Financing announced a record-breaking quarter of funding volume in Q3 2021, funding a total of $64 million compared to $40.8 million in Q3 2020, representing a 57 percent growth. AP is excited to carry this momentum into Q4 and finish... Read Story
October 13, 2021, 07:21 AM


IDS and its acquired companies, William Stucky and Associates and White Clarke Group, announced the launch of a new company identity: Solifi. The new brand and visual identity bring together innovative solutions, deep industry expertise, global reach... Read Story
October 12, 2021, 07:22 AM


GreatAmerica Financial Services Corporation completed its 21st issuance of $513.8 million in privately placed bonds with institutional investors. This issuance of asset-backed bonds secured by a pool of leases comes on the heels of an earlier... Read Story
October 11, 2021, 07:23 AM


The law firm of Moritt Hock & Hamroff LLP announced Leslie A. Berkoff, Ted A Berkowitz, Michael Cardello III, James P. Chou,  Robert S. Cohen, Theresa A. Driscoll, Andrew B. Eckstein, Robert M. Finkel, Keith J. Frank, Robert J. Fryman, Stephen J.... Read Story
October 11, 2021, 07:03 AM


TrustLayer, a collaborative risk management platform, announced the launch of a fully digital insurance verification pilot with Great American Insurance Group’s Specialty Equipment Division. Automated digital proof is the future of insurance... Read Story
October 08, 2021, 07:18 AM


First National Capital Corporation (FNCC), a full-service commercial equipment and aviation finance provider, announced a quarterly record $109.7 million fundings for the third quarter of 2021 and now has funded over $3.17 billion since the firm’s... Read Story
October 07, 2021, 07:18 AM


TopMark Funding, a funding destination for commercial vehicle dealerships and small to midsized fleets, announced the implementation of additional features to its DealerLinc technology. Originally rolled out in late 2020, TopMark launched its... Read Story
October 07, 2021, 07:08 AM


Encina Lender Finance, LLC (ELF) announced it has provided a $35 million senior credit facility to Speed Leasing Company, LLC, a technology-enabled, specialty finance company engaged in originating and servicing used motorcycle leases to... Read Story
October 06, 2021, 07:17 AM


Channel Partners Capital, LLC, a full-service independent lender offering equipment finance and working capital funding solutions, was ranked among the 5,000 fastest-growing private companies in the U.S. by Inc. magazine for a ninth consecutive year... Read Story
October 05, 2021, 07:22 AM


IBC Advanced Alloys Corp. announce it has entered into a new master lease agreement among Utica Leaseco LLC and Utica Equipment Finance, LLC (collectively, Utica) and certain of the IBC’s U.S. subsidiaries in support of the company’s ongoing... Read Story
October 05, 2021, 07:21 AM


Onset Financial CEO and Founder Justin Nielsen was awarded the Globee CEO World Award for Top CEO of the Year – Visionary for 2021. The annual CEO World Awards program by Globee Business Awards encompasses the world’s best in leadership, innovation... Read Story
October 05, 2021, 07:18 AM


North Mill Equipment Finance LLC announced Q3 loan and lease originations reached an all-time quarterly high of $129.1 million as September drew to a close. Reporting a steady upsurge in volume since January, North Mill continued the trend as it... Read Story
October 04, 2021, 07:23 AM


Kroll Bond Rating Agency (KBRA) released its Equipment Loan & Lease indices for September 2021.KBRA’s Equipment Loan & Lease Index posted a full 12 months of positive credit performance in September. Annualized net losses remained near-zero and 60+... Read Story
October 04, 2021, 07:05 AM


Mitsubishi HC Capital (U.S.A.) Inc., ENGS Commercial Finance Co. and Mitsubishi HC Capital America, Inc., the North American commercial finance subsidiaries of Mitsubishi HC Capital Inc., are announcing rebranding their trade name following the birth... Read Story
October 01, 2021, 07:20 AM


For the ninth time, equipment and accounts receivable finance company, Commercial Credit, Inc., parent company of Commercial Credit Group Inc. (CCG) and Commercial Funding Inc., has made the Business North Carolina Mid-Market Fast 40 List. To qualify... Read Story
September 30, 2021, 07:14 AM


AP Equipment Financing is pursuing an initiative to provide competitive finance programs for package and delivery customers looking to acquire electric vehicles. To begin this initiative, AP will be providing finance solutions for SEA Electric’s... Read Story
September 29, 2021, 07:20 AM


Partners Group, a global private markets firm acting on behalf of its clients, has acquired a significant equity stake in Milestone Equipment Holdings and will partner with Barings, an investment management firms, to continue and accelerate... Read Story
September 28, 2021, 07:25 AM


North Mill Equipment Finance, LLC announced it has entered the mid-ticket financing sector by offering referral agents the opportunity to finance up to $1 million for their customers through the company’s Application Plus program. Additionally, North... Read Story
September 28, 2021, 07:22 AM


HSBC Bank Canada announced the launch of five new sustainable finance tools for commercial and global banking clients. Available to Canadian businesses of all sizes, Green Deposits, Green Trade Finance, Green Revolving Credit Facilities... Read Story
September 28, 2021, 07:20 AM


DLL announced CRN, a brand of The Channel Company, has named Rick Trobman, President of the Tech Solutions Global Business Unit at DLL, as one of the IT channel’s 100 People You Don’t Know But Should for 2021. Every year, this list honors the people... Read Story
September 28, 2021, 07:17 AM


ENGS Commercial Finance Co., a member of Mitsubishi HC Capital Group (MHC), announced that ENGS will be making a change to its Application-Only threshold and will be able to approve exposures on an App-Only basis up to $1,000,000 for qualified... Read Story
September 24, 2021, 07:18 AM


Stearns Bank N.A., a Minnesota-based financial institution, has partnered with Truepic, a leader in digital image provenance and authenticity to innovate and accelerate its equipment lending to thousands of beneficiaries around the country. Stearns... Read Story
September 23, 2021, 07:12 AM


Alfa, the makers of Alfa Systems, announced three supported charities for 2021 and beyond. In the UK, Alfa has partnered with The Climate Coalition, the UK’s largest group dedicated to action against climate change. Along with their sister... Read Story
September 23, 2021, 07:10 AM


Oakmont Capital Services (OCS) has successfully implemented Leasepath’s Finance Origination (LOS) and Customer Engagement (CRM) platform. An independent lender providing commercial equipment financing and working capital throughout the?United States... Read Story
September 22, 2021, 07:20 AM


This past weekend, Amur officially celebrated the grand opening of the company’s newly renovated and expanded headquarters in the heart of the Railside Business Improvement District in Grand Island, NE. It also celebrated the 25th anniversary of the... Read Story
September 22, 2021, 07:18 AM


Delta Financial Group, an equipment finance platform that provides capital for enterprise-level, business-critical equipment, has received a significant strategic growth investment from an affiliate of Peak Rock Capital LLC, a middle-market private... Read Story
September 22, 2021, 07:12 AM


Ivory Consulting Corporation, a provider of equipment lease and loan software, software customizations and consulting services for the equipment finance industry, is supporting lessors’ transition from LIBOR to another interest rate by making... Read Story
September 20, 2021, 07:12 AM


Fleet Advantage announced Ludmila Manin, Remarketing Sales Associate, has been named a winner in Supply & Demand Chain Executive’s 2021 Women in Supply Chain Award. The award honors female supply chain leaders whose accomplishments, mentorship and... Read Story
September 20, 2021, 07:10 AM


Each year at its Annual Meeting, NationaLease, one of the largest full-service truck leasing organizations in North America, announces the recipients of that year’s Leadership Circle Awards. This year, 25 member companies were recognized for their... Read Story
September 20, 2021, 07:05 AM


Chesswood Group Limited, a publicly traded North American commercial equipment finance provider for small and medium-sized businesses, announced the formation of a consumer home finance unit, Vault Home Credit Corporation. Vault Home Credit... Read Story
September 17, 2021, 07:17 AM


Wells Fargo & Company announced its new digital infrastructure strategy, combining a multi-cloud approach with third-party data centers to drive technological speed, agility and scalability for its customers and employees. Central to the digital... Read Story
September 16, 2021, 07:20 AM


LCI, a helicopter leasing, management and investment platform, and Sumitomo Mitsui Finance and Leasing Company, Limited (SMFL) have acquired and committed to an additional 12 next generation helicopters within their helicopter leasing joint... Read Story
September 16, 2021, 07:18 AM


LeaseAccelerator announced a new update to its Lease Lifecycle Automation software – the result of a significant investment to expand process controls and simplify and accelerate the accounting close. The enhancements were designed with the guidance... Read Story
September 16, 2021, 07:03 AM


ECN Capital Corp. announced that the Toronto Stock Exchange (TSX) has recognized the company as part of its 2021 TSX30 Program. The TSX30 Program showcases the 30 top performing stocks on the TSX over the last three years based on dividend adjusted... Read Story
September 16, 2021, 07:00 AM


Odessa, an asset finance software provider, announced an investment from Thomas H. Lee Partners, L.P. (THL), a private equity firm that invests in growth companies. Odessa’s architecture and design approach set it apart from existing equipment... Read Story
September 15, 2021, 07:20 AM


KWIPPED Inc. has launched a partnership with Clean Eatz Kitchen that will enable gyms, convenience stores and other businesses to easily access affordable financing for refrigeration equipment needed to bring Clean Eatz’ healthy prepared meals to a... Read Story
September 15, 2021, 07:07 AM


While inventory levels within Sandhills Global marketplaces have ticked back down in August after leveling off briefly, auction and asking values for used agricultural equipment and heavy-duty trucks are continuing a sharp ascent, according to a new... Read Story
September 15, 2021, 07:05 AM


IDS, a provider of mission-critical enterprise solutions for secured finance, announced it was named one of the top 100 financial technology providers in the world by IDC Financial Insights, ranking 69th on the 2021 IDC FinTech Rankings. The 18th... Read Story
September 14, 2021, 07:21 AM


Kroll Bond Rating Agency (KBRA) released its Equipment Loan & Lease indices for August.The equipment loan and lease securitization sector continued to display positive credit performance during the July collection period (based on August remittance... Read Story
September 13, 2021, 07:05 AM


DLL launched a new Sustainability Report “Pathways to Sustainable Business Models” aiming to inform and inspire businesses striving to mitigate the impacts of climate change. The report shares regulatory trends, market insights and highlights actions... Read Story
September 09, 2021, 07:17 AM


Corcentric founder, President and Chief Executive Officer Doug Clark will be honored with the Richard J. Caron Award of Excellence from Caron Treatment Centers alongside his son, Zac Clark, for their significant impact on families affected by... Read Story
September 09, 2021, 07:01 AM


FileInvite, a document and data collection platform provider, announced it is partnering with the American Association of Commercial Financial Brokers (AACFB) to offer members an exclusive FileInvite package to streamline the document-intensive... Read Story
September 08, 2021, 07:00 AM


For the sixth consecutive year, American Portfolios Financial Services, Inc. (AP)—a privately held, independent broker/dealer that provides services and support for financial advisors across the United States—has been named one of the Best Companies... Read Story
September 08, 2021, 06:59 AM


TNT Crane & Rigging LLC (TNT) closed on a $385 million asset-based lending revolving credit facility and a new $119 million 2nd lien term loan. Proceeds from the ABL Facility and the 2L Facility will be used to repay all outstanding amounts under TNT... Read Story
September 08, 2021, 06:58 AM


Texas Capital Bancshares, Inc., the parent company of Texas Capital Bank, announced key updates to the company’s go-forward strategy.Rob C. Holmes, President and CEO, said, “When I joined as CEO in January, I committed to formulating a detailed... Read Story
September 07, 2021, 07:15 AM


Players are arriving in Newburgh, IN, for the 2021 Korn Ferry Tour Championship presented by United Leasing & Finance, with 150 competitors from around the world competing for a purse of $1 million and one of 25 PGA Tour cards to be awarded at the... Read Story
September 02, 2021, 07:06 AM


Priority One Financial Services, a full-service finance company offering flexible, business-forward finance and insurance solutions for marine and RV dealers, unveiled a new brand and website.“Meet the Priority One of today,” said Heather Mariscal... Read Story
September 02, 2021, 07:05 AM


Element Fleet Management Corp. announced it has joined the educational team at the North American Fleet Association’s (NAFA) Annual Institute & Expo in Pittsburgh, PA. Sheri McGrath, Element’s Head of Diversity & Inclusion, will share expert insights... Read Story
September 01, 2021, 07:10 AM


The Greenbrier Companies, Inc., an international supplier of equipment and services to global freight transportation markets, announced the renewal and extension of three bank facilities totaling over $1 billion. Greenbrier successfully renewed and... Read Story
August 31, 2021, 07:21 AM


Visual Lease has been named the winner of a Gold Stevie Award in the Employer of the Year category in the sixth annual Stevie Awards for Great Employers. This category recognizes the world’s best employers based on their efforts since the beginning... Read Story
August 31, 2021, 07:18 AM


SCI Lease Corp going live with NETSOL’s premier product for the North American and global finance and leasing industry, NFS Ascent, was a milestone achievement.While NETSOL has over four decades of experience in North America and boast a list of... Read Story
August 30, 2021, 07:15 AM


Equipment Finance Cares NY/NJ was at the Rockland County Country Club in Sparkill, NY. There was a great crowd of over 40 equipment finance professionals representing 31 organizations.“We had a great turn out for our first Northeast event,” said... Read Story
August 30, 2021, 07:11 AM


Ryder System, Inc. announced it is listed among Food Logistics’ Top Third-Party Logistics & Cold Storage Providers for 2021. The honor marks Ryder’s ninth consecutive year on the list. Each year, the publication’s editorial team and advisory board... Read Story
August 30, 2021, 07:07 AM


DLL delivered a strong first-half performance, highlighted by exceptional net profit growth. The company recorded both portfolio and income growth during the first six months of the year, while risk costs improved significantly due to more favorable... Read Story
August 26, 2021, 07:23 AM


According to a new forecast from the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker, worldwide shipments of PCs are expected to grow 14.2 percent to 347 million units in 2021. This is down from IDC's May... Read Story
August 25, 2021, 07:00 AM


Stonebriar Commercial Finance announced it has issued and sold $227,000,000 of Series A 7.50% Fixed-Rate Reset Cumulative Preferred Shares (Preferred Shares) in a private offering.The Preferred Shares, rated “BB” by DBRS, were issued to a group of... Read Story
August 24, 2021, 07:20 AM


The law firm of Moritt Hock & Hamroff LLP announced the following attorneys have been selected for inclusion in the 2022 Editions of Best Lawyers and Best Lawyers: Ones To Watch.Best Lawyers David H. Cohen - Real Estate Law Andrew B. Eckstein -... Read Story
August 24, 2021, 07:07 AM


Ryder System, Inc.  announced it was named by Inbound Logistics as a Top 100 3PL Provider for 2021 for demonstrating supply chain excellence. Each year, the publication’s editorial team selects the third-party logistics (3PL) providers that offer the... Read Story
August 23, 2021, 07:09 AM


Corcentric is No. 3574 on Inc. magazine's its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most... Read Story
August 20, 2021, 06:30 AM


Insight Financial Services (IFS), a division of Insight Investments, launched the latest version of its industry-leading IT asset and lease management software, AMOS. This best-in-class solution provides increased visibility into all aspects of... Read Story
August 19, 2021, 06:00 AM


MAZO Capital Solutions, a leading full-service commercial finance company dedicated to serving America's small business community, announced a significant strategic partnership with Heave, the Tampa-based heavy equipment platform built to provide... Read Story
August 18, 2021, 07:32 AM


XS Financial, a specialty finance company providing equipment leasing solutions to cannabis companies in the United States, announced that the company's syndication desk has completed over $5.0 million of lease participations. Syndication provides XS... Read Story
August 18, 2021, 07:30 AM


Odessa earned a spot on the Inc. 5000 list for a second consecutive year. The prestigious list recognizes the most successful, fastest-growing private companies annually.Over the past three years, Odessa experienced a growth rate of more than 127%... Read Story
August 18, 2021, 07:12 AM


Crestmark, the Commercial Finance Division of MetaBank®, secured a total of $34,350,000 in ABL/factoring financial solutions for 23 new clients; Crestmark Equipment Finance provided $22,208,198 in 12 new transactions; Crestmark Vendor Finance... Read Story
August 18, 2021, 06:00 AM


Fleet Advantage has been named a finalist for “Business of the Year” by South Florida Business Journal (SFBJ).   The Business of the Year awards, now in its 24th year, gives recognition to South Florida’s most dynamic businesses who share a... Read Story
August 17, 2021, 07:14 AM


Machinery Partner, a company offering novel procurement, financing and support for small businesses needing heavy machinery, closed a $4.5 million Series Seed round. The oversubscribed round was led by One Way Ventures (from Boston and focused on... Read Story
August 16, 2021, 07:13 AM


North Mill Capital (d/b/a SLR Business Credit) acquired Fast Pay Partners, LLC. Based in Los Angeles, CA, Fast Pay Partners enables clients to accelerate receivables and access liquidity through its asset based lending and factoring platform which... Read Story
August 16, 2021, 07:05 AM


Despite the month-to-month stabilization of used heavy-duty truck and construction equipment inventory levels within Sandhills Global marketplaces in July, auction and asking values continue to rise, according to a new Sandhills Global Market Report.... Read Story
August 13, 2021, 07:11 AM


Suntuity AirWorks, the drone and UAV services division of the Suntuity Group of companies, has announced the first full-suite drone equipment leasing program of its kind to help both private and public sectors update their services with the... Read Story
August 12, 2021, 07:21 AM


Equipment Finance Cares announced the formation of its Advisory Council. Equipment Finance Cares is an organization that showcases how equipment finance professionals and organizations are giving back to their local and national communities. These... Read Story
August 12, 2021, 07:15 AM


Kroll Bond Rating Agency (KBRA) has released its Equipment Loan & Lease indices for July 2021. The equipment loan and lease securitization sector continued to display positive credit performance during the June collection period. KBRA’s headline... Read Story
August 10, 2021, 07:08 AM


Encina Business Credit, LLC announced a recapitalization and a significantly expanded capital base provided by Barings LLC-affiliated funds along with participation by Encina management. This recapitalization provides liquidity necessary for Encina... Read Story
August 06, 2021, 07:20 AM


Amur Equipment Finance, Inc. announced it has been named by Fast Company as a finalist for its third annual list of Best Workplaces for Innovators in the Medium Company Size category. The list honors businesses and organizations who demonstrate a... Read Story
August 06, 2021, 07:19 AM


Wells Fargo & Company announced it received the 2021 Apex Award and the 2021 Gramercy Banking and Credit Union Award in honor of its online Small Business Resource Center, which debuted in July 2020 to help small business owners amid the COVID-19... Read Story
August 06, 2021, 07:05 AM


LeaseWorks, a provider of cloud-based solutions and support services to the aviation industry, announced the launch of Aeris Portal, a new software product intended to digitally transform the ways in which lessors collaborate and exchange information... Read Story
August 06, 2021, 07:04 AM


Appetize, a digital and mobile commerce platform, announced the launch of Appetize Plus (Appetize+), an all-inclusive subscription plan that conveniently bundles cloud-based software, hardware, payments and support into an affordable monthly fee.... Read Story
August 05, 2021, 07:05 AM


Best Companies Group has honored First American Equipment Finance as one of the 2021 Best Companies to Work For in New York. This is First American’s 10th consecutive year being named to the list, this year coming in at 1st place in the large... Read Story
August 04, 2021, 07:17 AM


The Midwestern Higher Education Compact (MHEC), which offers cost-savings initiatives to colleges and universities, announced a competitively awarded contract for virtualization and data center modernization solutions to Dell Technologies. The new... Read Story
August 03, 2021, 07:17 AM


South End Capital, a division of Stearns Bank N.A., a nationwide $2.2 billion direct lender and technology-enabled business, real estate and equipment loan platform, has announced a $90,402 equipment financing. This financing assisted a Georgia-based... Read Story
August 02, 2021, 07:20 AM


Global vendor finance company DLL announced the closing of “DLLAD 2021-1,” a U.S. securitization transaction issuing notes totaling $1 billion. The notes are backed by loans and leases secured with food- and agriculture-related equipment.The... Read Story
July 29, 2021, 07:23 AM


Merchants Financial Group, Inc. (MFGI) announced net income of $18,157,527 through the first two quarters of 2021, according to MFGI President and CEO Gregory M. Evans.Performance was driven by the bank’s active involvement in the origination of... Read Story
July 29, 2021, 07:15 AM


Ascentium Capital LLC, a national commercial lender, announced strong growth during the second quarter of 2021. The company achieved 41 percent origination growth year-over-year during the quarter. The growth is reflective of the economic recovery... Read Story
July 28, 2021, 07:23 AM


A new Sandhills Global Market Report notes the stabilization of used construction equipment, farm machinery and heavy-duty truck inventories within Sandhills Global marketplaces in June, following steady declines since Q2 2020. After more than a year... Read Story
July 28, 2021, 07:15 AM


TopMark Funding, a funding destination for commercial vehicle dealerships and small to midsized fleets, has seen remarkable growth in 2021 by focusing on attracting and retaining top senior sales talent nationwide.TopMark continues to bolster a... Read Story
July 28, 2021, 07:13 AM


The NFIB Research Center released its latest COVID-19 survey on how the pandemic has affected small businesses. This is the 18th survey in the series and included in this edition is an update on SBA small business programs, sales levels, staffing... Read Story
July 26, 2021, 07:11 AM


Care Lending Group (CLG) announced the launch of its new financing company. After a two-and-a-half-year break from the financing business, CEO Paul McLean is joined by former colleagues Andrew Sunn, Dan Gilchrist and Tim Trimper. “Having shared many... Read Story
July 23, 2021, 07:23 AM


Constellation Financial Software, a leasing and portfolio management software provider, announced the launch of Casitron’s new business intelligence tool, ClearView. This new feature is aimed at those who want deeper insights into the details of... Read Story
July 23, 2021, 07:18 AM


Ryder System, Inc. announced further expansion of Ryder Last Mile, a customizable, multi-tiered delivery solution for big-and-bulky goods. With new hubs in Milwaukee and Philadelphia, Ryder continues to position its customers – some the world’s... Read Story
July 23, 2021, 07:07 AM


Maxim Commercial Capital continued to fuel the economic recovery during the second quarter by fulfilling strong demand for its Cash Out Financing, Heavy Equipment Purchase Financing, Real Estate Secured Working Capital and Truck Financing programs.... Read Story
July 22, 2021, 07:19 AM


CIT Group Inc. announced its Middle Market Banking business provided $14.3 million in financing to Depot Properties LLC.Depot Properties is the owner and operator of a large truck servicing terminal in Laredo, TX, primarily occupied by... Read Story
July 22, 2021, 07:17 AM


12th Tech, Inc., and IDS announced 12th Tech’s new cloud-based Real-Time Intelligent (RTI) Auditing System is fully interoperable with IDS CALMS Compass wholesale/floorplan finance software. This integration enables clients to seamlessly include... Read Story
July 21, 2021, 07:18 AM


Alfa, provider of Alfa Systems, announced a major new upgrade with Close Brothers Asset Finance, which has offices across the UK, and in Ireland and Germany.The implementation of Alfa Systems v5 for Close Brothers Asset Finance’s back-office... Read Story
July 21, 2021, 07:00 AM


IDS, a provider of mission-critical enterprise solutions for secured finance, announced it has signed a strategic partnership agreement with Tamarack Technology, Inc., a provider of digital transformation services and solutions for equipment finance.... Read Story
July 20, 2021, 07:25 AM


Onset Financial has set a benchmark of excellence as it wins the Best of State Award in Equipment Finance for the fourth consecutive year. Best of State is Utah’s gold standard of awards that recognizes outstanding businesses that achieve excellence... Read Story
July 19, 2021, 07:15 AM


SLIM Capital, located in Beverly Hills, CA, reported increased funding volume for the first half of 2021. With a stellar first half of the year, SLIM Capital is set to break its yearly funding records. Shervin Rashti, CEO is extremely pleased with... Read Story
July 15, 2021, 07:18 AM


DLL, an international asset finance company for equipment and technology present in over 30 countries, is intensifying its activities in the global Intralogistics market. This will include offering investment solutions and services tailored for... Read Story
July 13, 2021, 07:23 AM


LTi Technology Solutions (LTi) recognized several exciting landmark achievements for Propel in one of its most transformative partnerships. Propel’s recent successes include establishing two of the largest strategic financial partnerships in the UK... Read Story
July 13, 2021, 07:19 AM


Fleet Advantage announced significant achievements and milestones for its fiscal year ending June 30, reflecting the company’s prompt response over the last 12 months to help its clients navigate the difficulties of 2020 and economic rebound at the... Read Story
July 13, 2021, 07:09 AM


Hilco Global has issued a timely report on the current state of the intermodal chassis market one year after freight traffic reached its lowest level of the ongoing pandemic. The report is accompanied by an industry primer developed to assist lenders... Read Story
July 13, 2021, 07:08 AM


First American Equipment Finance announced it has ranked on the Selling Power 50 Best Companies to Sell For list for 2021. This is the 21st consecutive year the ranking has been published by Selling Power and First American’s fifth consecutive year... Read Story
July 12, 2021, 07:15 AM


For the first time in ASA’s history the International President is a member from outside the U.S. David Crick, ASA, Managing Director at DavAir Group, Inc., began his one-year term as International President for ASA effective July 1.“David's unique... Read Story
July 12, 2021, 07:05 AM


Leasepath announced the successful live deployment of its Finance Origination (LOS) and Customer Engagement (CRM) platform with Global Financial & Leasing Services, LLC. A provider in equipment financing for small and medium-sized businesses, Global... Read Story
July 08, 2021, 07:17 AM


Tamarack Technology, Inc., a provider of independent software solutions in the equipment finance and commercial lending industry, announced its Chief Digital Officer Scott Nelson, PhD has been invited to join the advisory board for Faribault... Read Story
July 08, 2021, 07:15 AM


North Mill Equipment Finance LLC, an independent commercial equipment lessor in Norwalk, CT, announced its originations for the second quarter exceeded a record-breaking $120 million. A new record was also set for June as originations closed at just... Read Story
July 07, 2021, 07:23 AM


IDS, a provider of mission-critical enterprise solutions for secured finance, announced it has completed the migration of IDS ABL to IDScloud, a leading SaaS-based solution for secured finance. Now asset-based lenders can gain access to real-time... Read Story
July 07, 2021, 07:20 AM


Kroll Bond Rating Agency (KBRA) releases its Equipment Loan & Lease indices for June 2021.June remittance reports showed that securitized equipment loan and lease credit performance remained relatively stable during the May collection period. KBRA’s... Read Story
July 06, 2021, 07:11 AM


LTi Technology Solutions (LTi), which provides a lease and loan cloud platform to equipment and asset-based finance companies, announced David Lane is a recipient of this year’s “NextGen Leader Award” from the Monitor Daily.Lane is the Solution... Read Story
July 06, 2021, 07:10 AM


Alfa, provider of Alfa Systems, a software platform for asset finance, has published the third and final paper in its thought leadership series AI in Equipment and Auto Finance.Part 3: Moving Forward with Machine Learning is produced in association... Read Story
July 02, 2021, 07:05 AM


Nearly doubling its total annual fundings from 2020 – Onset Financial shattered its previous record, funding $400 million within the first six months of the year. In the last 12 months, Onset Financial funded nearly $600 million and funded more... Read Story
July 01, 2021, 07:23 AM


Bell Bank has entered into an agreement to purchase a 12-story building at 520 Main Ave. in Fargo, ND.Bell Bank President and CEO Michael Solberg said Bell Bank plans to completely remodel the building beginning in 2022 and reopen it in late 2023. As... Read Story
June 30, 2021, 07:15 AM


Orion First has unveiled its latest business analytics product, Delinquency Manager. Delinquency Manager is a highly customizable dashboard that clarifies trends and meaningful factors affecting the delinquencies in equipment loan and lease... Read Story
June 29, 2021, 07:23 AM


Insight Financial Services (IFS), a division of Insight Investments, LLC, announced it has achieved its sixth consecutive completion and recertification of the Service Organization Control (SOC) 1 Type 2 Audit.The audit verifies that IFS’ Asset... Read Story
June 29, 2021, 07:08 AM


BancorpSouth Bank and Liberty Financial Services, Inc., the holding company of Liberty Bank and Trust Company, headquartered in New Orleans, LA, jointly announced the continuation of and the expansion of a strategic business alliance. BancorpSouth... Read Story
June 28, 2021, 07:03 AM


Following more than 10 consecutive years of robust growth and the development of an impressive customer base throughout North America, Northpoint Commercial Finance announced its partnership with Reed Advisory Solutions LLC, which will focus on... Read Story
June 24, 2021, 07:17 AM


The 2021 institutional U.S. loan default rate forecast has been lowered to 1.5 percent from 2.5 percent, reflecting continued capital market confidence as constricted sectors re-open, according to a new Fitch Ratings report."The anticipated 1.5... Read Story
June 24, 2021, 07:15 AM


Amur Equipment Finance, Inc. introduced Wildcat, a specialized finance program to provide market-leading terms to qualifying customers. Through Wildcat, Amur will provide rates as low as 3.99 percent, with terms up to 72 months to ensure its vendor... Read Story
June 23, 2021, 07:20 AM


Milestone Equipment Holdings, a national provider of transportation equipment leasing solutions, announced the opening of its new corporate headquarters in the vibrant Streets of St. Charles complex.This custom-built office features abundant natural... Read Story
June 23, 2021, 07:18 AM


Penske Logistics has been placed by Gartner, a global research and advisory firm, in the Visionary category, as part of the 2021 Gartner Magic Quadrant for Third-Party Logistics, North America, report. "Being recognized as a Visionary within the... Read Story
June 21, 2021, 07:03 AM


The Financial Accounting Standards Board (FASB) issued a proposed Accounting Standards Update (ASU) that would improve discount rate guidance for lessees that are not public business entities—including private companies, not-for-profit organizations... Read Story
June 18, 2021, 06:43 AM


Cambridge Savings Bank announced that its Commercial Lending team has extended financing to R.J. Forbes Painting Contractor, Inc. (R.J. Forbes) by securing a SBA 504 Loan through Bay Colony Development Corporation, a certified development company... Read Story
June 18, 2021, 06:27 AM


Amur Equipment Finance was named “Business of the Year” by the Grand Island Area Chamber of Commerce. This distinguished award, bestowed on an annual basis, was presented to Amur during the Grand Island Area Chamber of Commerce Annual meeting on June... Read Story
June 17, 2021, 06:30 AM


CSI Leasing has expanded its Asia-Pacific operations by opening a subsidiary in Japan. This expansion follows the recent launch of CSI Leasing India Pvt. Ltd. in November 2020. The company now has seven leasing subsidiaries in the Asia-Pacific region... Read Story
June 17, 2021, 06:24 AM


Fleet Advantage announced that Matt Wiedmeyer, Director of Fleet Services, achieved his 2021 NPTC Certified Transportation Professional (CTP) recognition. The accreditation was presented to Wiedmeyer and Fleet Advantage at the NPTC’s Annual... Read Story
June 16, 2021, 06:00 AM


Global consulting firm, AlixPartners, launched its annual Turnaround & Transformation Survey, which reveals that more than half of restructuring experts from across the U.S. and Europe (56 percent) said that their clients performed better during the... Read Story
June 15, 2021, 07:18 AM


Axis Auto Finance Inc., a fintech lender servicing the alternative auto finance market, announced its wholly owned subsidiary, Pivotal Capital Corp. has secured a funding facility with a Canadian Schedule 1 Bank. Pivotal is an independent Canadian... Read Story
June 15, 2021, 07:10 AM


TD Bank has been recognized by Global Finance with the North American award for "Outstanding Crisis Finance Innovation" for the launch of its Virtual Assistant within the TD U.S. mobile app. The award was created by Global Finance to acknowledge the... Read Story
June 14, 2021, 07:00 AM


United Capital Source Inc. announced it has surpassed $1 billion in transaction volume. It has matched more than 1 billion dollars to businesses across the United States since inception in 2011.Because of its efficient sales, marketing and management... Read Story
June 11, 2021, 07:21 AM


Mitsubishi Logisnext Americas group, a North American provider and manufacturer of material handling and innovative automation and fleet solutions, announced it has appointed Equipment Depot as its non-exclusive dealer for the Cat lift trucks... Read Story
June 10, 2021, 07:06 AM


Tech Data announced the launch of Tech Data Capital, a captive finance company that offers payment solutions to help businesses acquire the necessary technology products and services needed to drive growth.“As technology continues to transform at a... Read Story
June 09, 2021, 07:11 AM


NationaLease, one of the largest full-service truck leasing organizations in North America, announced the nine regional winners of the 2021 NationaLease Tech Challenge written exam. Typically, the nine regional winners would go on to compete in the... Read Story
June 08, 2021, 07:00 AM


With the continual digitization of business, traditional banks and finance companies have struggled to find ways to maintain security and accuracy of data while accelerating review and approvals of credit applications. ENGS Commercial Finance Co.... Read Story
June 02, 2021, 07:18 AM


Toronto-based CSI Electronics Processing Centre Ltd. (CSI EPC), a wholly owned subsidiary of CSI Leasing Canada Ltd., is moving its operations in Vancouver to a larger facility and expanding in Edmonton to accommodate increasing business volume.The... Read Story
June 02, 2021, 07:00 AM


Encina Equipment Finance, LLC (EEF) announced the pricing and closing of its first asset-backed securities transaction. The $258.4 million offering was backed by a diverse pool of equipment loans and leases to 43 obligors across a variety of... Read Story
June 01, 2021, 07:25 AM


Beacon Funding Corporation is proud to be Certified by Great Place to Work for 2021. The prestigious award is based entirely on what current employees say about their experience working at Beacon Funding. Ninety-six percent of employees said it’s a... Read Story
May 28, 2021, 07:05 AM


U.S. equipment ABS performance has notably improved in 2021 following elevated delinquencies and defaults in 2020, Fitch Ratings says. Overall, payment deferral programs have successfully assisted obligors during the pandemic, followed by strong cure... Read Story
May 27, 2021, 07:20 AM


LeaseCrunch, a cloud-based lease accounting software company, announced the launch of LeaseCrunch Verify, an application that assists CPA firms in reducing the time and expense in auditing their clients’ lease accounting.LeaseCrunch Verify allows CPA... Read Story
May 27, 2021, 07:00 AM


First Business Bank announced the closing of a $6 million inventory floorplan line of credit for an independent car dealer through its Floorplan Financing group.The leaders at this Illinois car dealership sought reliable bank financing with a... Read Story
May 26, 2021, 07:15 AM


36th Street Capital announced it recently financed $10 million of construction equipment for a large U.S.-based equipment rental services company.“We’re very excited to help fuel the rapid growth of our client as they support the post pandemic... Read Story
May 25, 2021, 07:21 AM


IDS, a provider of enterprise mission-critical solutions for secured finance, has been selected a winner of the Top 20 FinTech Solution Providers 2021 by Enterprise Ventures. IDS was selected after a rigorous evaluation process which included over... Read Story
May 25, 2021, 07:20 AM


Kroll Bond Rating Agency (KBRA) released its inaugural Equipment Loan & Lease indices for April 2021. In reviewing credit trends for the sector, this new index aims to complement KBRA’s series of monthly auto, consumer loan and residential index... Read Story
May 24, 2021, 07:15 AM


The NFIB Research Center released its latest COVID-19 survey on the impact the pandemic has had on small businesses. This survey is NFIB’s 17th survey in the series. Included in this edition is an update on small business SBA programs, paid sick or... Read Story
May 24, 2021, 07:13 AM


TopMark Funding, a funding destination for commercial vehicle dealerships, revealed March had been the strongest month in TopMark's history. These results were immediately surpassed in April adding to TopMark's already record-setting first quarter... Read Story
May 21, 2021, 07:18 AM


After a successful year-long pilot program, APPROVE, an innovative SaaS solution powered by a network of equipment financing companies, officially launched. It is a product of KWIPPED, Inc., a technology innovator in B2B equipment e-commerce, founded... Read Story
May 19, 2021, 07:21 AM


Liventus leverages its nearly 20 years of experience in the leasing industry to launch a new service: Secure DocuSign Automation. The service helps leasing companies integrate DocuSign into their existing CRM and set up a series of automations. This... Read Story
May 17, 2021, 07:10 AM


Onset Financial has been named one of Inc. Magazine’s Best Workplaces for 2021. This year’s field of entries was the most competitive Inc. Magazine has seen with thousands of companies applying to be recognized as one of the best workplaces in... Read Story
May 13, 2021, 07:12 AM


Atalaya Capital Management, a private credit and special opportunities alternative investment manager based in New York City, announced a passive, minority equity investment in Dakota Financial, LLC, an asset-based specialty finance company based in... Read Story
May 11, 2021, 07:20 AM


PacLease has announced a new fuel program partnership for its full-service lease and contract maintenance customers. PacLease has partnered with Multi Service Fuel Card for its co-branded fuel card, called PacFuel.With Multi Service Fuel Card as the... Read Story
May 10, 2021, 07:15 AM


Cerebro Capital, a commercial loan platform, released its Q1 2021 survey on non-bank lending for middle-market commercial and industrial (C&I) loans. The results are paired with the Federal Reserve's 1Q21 survey of commercial banks to illustrate a... Read Story
May 10, 2021, 07:10 AM


Chesswood Group Limited announced it has completed the merger of its subsidiary Blue Chip Leasing with Vault Credit Corporation. Both organizations received the necessary approvals from their funding partners and are excited to serve the market under... Read Story
May 07, 2021, 07:18 AM


Meridian and Accord Financial Corp. announced a strategic partnership to provide small and medium businesses with more options for financing. It comes as businesses are looking for ways to ensure they succeed today and be positioned for the... Read Story
May 07, 2021, 07:00 AM


Global vendor finance company, DLL, and AGCO, a global leader in the design, manufacture and distribution of agricultural equipment and solutions, announced the closing of “DLLAA 2021-1”, a U.S. securitization transaction issuing notes totaling $1.0... Read Story
May 06, 2021, 07:23 AM


Onset Financial breaks another record, funding $107 million in April, which catapults it to its best year in company history. This high achievement is due to the hard work of its cohesive and talented team.  “We are thrilled about this accomplishment... Read Story
May 05, 2021, 07:25 AM


IDS announced it added four new customer wins during first quarter of 2021. They include two start-up equipment finance operations; Metropolitan Capital, a universal bank expanding into asset-based lending (ABL); and a top five U.S. bank, which... Read Story
May 05, 2021, 07:23 AM


CIT Group Inc. announced it has won two Stevie Awards for business excellence in the 19th Annual American Business Awards. The awards include a Gold award for Company of the Year in Banking and a Silver award for Corporate Social Responsibility... Read Story
May 05, 2021, 07:00 AM


Small business owners (SBOs) report they are doing better than expected as the economy continues to gain steam amid the waning pandemic, according to the results of the 2021 Small Business Survey, released by TD Bank. The survey polled more than 750... Read Story
May 04, 2021, 07:00 AM


Pacific Western Bank (PWB) announced it has partnered with Extend, a New York City-based fintech, to launch a Virtual Mastercard commercial credit card solution. PWB is pleased to be the first bank in the country offering their business clients this... Read Story
May 03, 2021, 07:20 AM


Richmond Group, equipment and auto lessor advisors and specialists, launched two outsourcing services, branded as “Move to improve,” aimed at providing substantial savings in back-office processes and systems costs for equipment and auto finance... Read Story
April 30, 2021, 07:00 AM


IDS, a provider of enterprise mission-critical solutions for the secured finance industry, recently completed its annual System and Organization Controls (SOC) audit and received validation reports for SOC 1 Type 2, SOC 2 Type 2 and SOC 3. This was... Read Story
April 29, 2021, 07:20 AM


NETSOL Technologies, Inc. announced it has secured a multi-million-dollar renewal of its current agreement with an existing tier-one Japanese automotive customer in Thailand. Under the terms of the contract, this customer will continue to license... Read Story
April 29, 2021, 07:03 AM


Ascentium Capital LLC announced obtaining $312 million in funding volume and managing $2.53 billion in assets during the first quarter.   “2021 marks a decade since the launch of Ascentium Capital and first-quarter results are a testament to the long... Read Story
April 27, 2021, 07:20 AM


IDS, a provider of enterprise mission-critical solutions for secured finance, announced the Metropolitan Capital Bank & Trust has selected IDS Asset Based Lending (ABL) to support its small to medium business customers access to working capital... Read Story
April 27, 2021, 07:18 AM


It is with much sadness that Highland Capital Corporation informs the equipment finance community that Mary Smith, President and CEO of Highland Capital, passed away on April 19.Her successful career in the finance industry started in the early 1980s... Read Story
April 26, 2021, 07:19 AM


GreatAmerica Financial Services, a financing company offering office equipment leasing to the office equipment channel, has joined The Consortium, an assembly of innovative companies brought together by industry veteran, Mike Stramaglio, President... Read Story
April 26, 2021, 07:11 AM


Paperclip Publishing, an author-centric publisher based in Tempe, AZ, announced its latest initiative, Equipment Finance Cares. The first stop is Minneapolis, MN, on June 15 at Brick and Mortar from 2 p.m.-7 p.m. CST. Paperclip is planning a... Read Story
April 23, 2021, 07:11 AM


Gordon Brothers and Ritchie Bros. have created a formal joint venture, the Gordon Brothers & Ritchie Bros. Alliance. The Alliance provides end-to-end asset advisory and asset remarketing services to the insolvency and restructuring market in... Read Story
April 23, 2021, 06:59 AM


Amur Equipment Finance, Inc. announced the successful closing of its ninth term securitization, its largest ever, in which it issued $346 million in notes secured by equipment loans and leases originated through its platform. “This issuance was met... Read Story
April 22, 2021, 07:23 AM


Maxim Commercial Capital announced strong demand during the first quarter of 2021. Its Structured Finance program proved popular during the period, with business owners leveraging their equity in real estate and owned heavy equipment to fund working... Read Story
April 22, 2021, 07:17 AM


Held in-conjunction with TRALA’s Annual Meeting, the NationaLease Spring Business Meeting was the first of many member-focused meetings in the calendar-year. The 2021 NationaLease Spring Business Meeting was special to many NationaLease members, as... Read Story
April 22, 2021, 07:14 AM


Container leasing company SeaCube Containers LLC and Carrier Transicold announced a strategic refrigerated asset management systems platform engagement. As a result, SeaCube will be the first intermodal equipment leasing company to incorporate... Read Story
April 21, 2021, 07:05 AM


JDR Solutions Inc., a provider of support services and infrastructure to the equipment finance industry, announced it signed an agreement to assist a top 10 U.S. bank with its system upgrade and software conversion.JDR Solutions will leverage a... Read Story
April 20, 2021, 07:10 AM


Enova Decisions, an analytics and decision management company, and DecisivEdge, a software engineering company, announced a strategic partnership to enable lenders to accelerate digital transformation quickly, scale operations and provide more... Read Story
April 20, 2021, 07:07 AM


Fleet Advantage announced its Vice President of Strategic Fleet Solutions, Bill Ten Eyck, CTP, has been named to the Food Logistics Champions: Rock Stars of the Supply Chain award for 2021.The award recognizes influential individuals in the industry... Read Story
April 16, 2021, 07:20 AM


Wintrust Commercial Finance (WCF), a division of Wintrust Asset Finance Inc., is celebrating six years in business this month.Since its inception in 2015 with four founding employees, WCF has since grown to a staff of 48, including the new East... Read Story
April 15, 2021, 07:12 AM


Corcentric has chosen Wolters Kluwer’s eOriginal solution to help offer compliant, end-to-end electronic equipment lease finance transactions. eOriginal, acquired by Wolters Kluwer’s Governance, Risk and Compliance division in December 2020, is a... Read Story
April 15, 2021, 07:10 AM


Deborah Reuben, CEO and founder of TomorrowZone announced the spring lineup for public UnConference live sessions scheduled to begin May 4 and continue through June 17.  These virtual workshops are designed to bring together forward-thinking... Read Story
April 14, 2021, 07:15 AM


Travelers Capital, a transitional capital financing initiative from Travelers Financial Group designed to support small and mid-market businesses that operate in asset-intensive industries, announced its alliance with Ritchie Bros., a global provider... Read Story
April 14, 2021, 07:07 AM


North Mill Equipment Finance LLC announced it has restructured its working capital solution to make it more competitive with other, less cost-effective options on the market.The financing arrangement, called Cash Out, allows a customer to borrow the... Read Story
April 13, 2021, 07:16 AM


Northland Capital Financial Services, LLC, a national commercial equipment lender in St. Cloud, MN, is celebrating 25 years in business.“In April of 1996 when I founded Northland Capital, I was determined to do what I enjoyed and to do it the right... Read Story
April 13, 2021, 07:15 AM


Lisa Rafter, Publisher of Monitor, announced the formation of Rafter Educational Programs, LLC and the launch of STRIPES Leadership Program. STRIPES is a professional and personal leadership development program designed with purpose and intent to... Read Story
April 08, 2021, 07:00 AM


The Greenbrier Companies, Inc., an international supplier of equipment and services to global freight transportation markets, announced it has completed the formation of GBX Leasing, a special purpose subsidiary, to own and manage a portfolio of... Read Story
April 07, 2021, 07:10 AM


First Foundation Inc., a financial services company with two wholly owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, announced its expansion into Texas with the relocation of its principal executive office to Dallas.... Read Story
April 07, 2021, 07:06 AM


Leasepath announced the successful live deployment of its Finance Origination (LOS) and Customer Engagement (CRM) platform with Manchester-based asset finance broker PMD Business Finance. One of the largest independent finance brokers in the United... Read Story
April 06, 2021, 07:18 AM


North Mill Equipment Finance LLC, an independent commercial equipment lessor providing small-ticket financing through its network of referral agents, announced the company reached an all-time high in monthly loan and lease originations in March.... Read Story
April 05, 2021, 07:23 AM


Avtech Capital, LLC announced the completion of a new credit facility with Capital One, N.A. The facility was established to provide additional liquidity to support the Avtech Capital’s growth strategies and diversify its funding model."This new... Read Story
April 02, 2021, 07:08 AM


Rochester, NY-based Hyzon Motors Inc., a global supplier of zero-emission hydrogen fuel cell-powered commercial vehicles, announced it has launched leasing service for the provision of heavy-duty fuel cell electric vehicles (FCEVs) to its customers... Read Story
April 01, 2021, 07:12 AM


Delta Management Group, Inc. announced a new partnership with Kids Against Hunger. This nonprofit group headquartered in Omaha, NE, is committed to reducing the number of hungry children in the United States and feeding starving children around the... Read Story
April 01, 2021, 07:10 AM


CIT Group Inc. announced CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as sole lead arranger on a $23 million credit facility for Nova Compression, LLC (a successor company to MGC Equipment Company, LLC).Founded in December... Read Story
March 31, 2021, 07:20 AM


VendorLender, part of the Econolease Financial group of companies, released 0%, Buy-Now Pay-Later (BNPL) financing to the Equipment Dealership market. Following the growing trend of BNPL for consumer purchases, VendorLender has launched BNPL for... Read Story
March 31, 2021, 07:10 AM


Onset Financial has broken another record. That is the message being conveyed to the equipment finance marketplace as Onset Financial has funded over $125 million in leases this quarter – surpassing the total annual fundings of 2018 in under 90... Read Story
March 30, 2021, 07:23 AM


Northteq, a software solutions provider for the commercial lending and equipment finance industries, announced its partnership with syndication software provider, Syndifi. Northteq will enable Syndifi’s online syndication platform to integrate with... Read Story
March 30, 2021, 07:20 AM


TimePayment, a Boston-based fintech company, announced its new membership with the Foodservice Equipment Distributors Association (FEDA), an association that provides education and advocacy on behalf of foodservice equipment dealers and... Read Story
March 29, 2021, 07:15 AM


Data Sales Co., Inc., a full-service lessor and service provider  in Innovative Technology Leasing and Information Technology Asset Disposition (ITAD), has received ISO 9001:2015, 14001:2015 and 45001:2018 certification, demonstrating its commitment... Read Story
March 29, 2021, 07:07 AM


Fortune and Great Place to Work have honored First American Equipment Finance as one of the Best Workplaces in Financial Services & Insurance. This is First American’s fifth time being named to this prestigious list, this year coming in sixth place... Read Story
March 26, 2021, 07:16 AM


Alliance Funding Group (AFG), one of the largest privately held equipment finance companies in the U.S., announced the closing of a $25.0 million investment grade-rated corporate note financing.  AFG intends to use the net proceeds from the... Read Story
March 24, 2021, 07:17 AM


The Office of the Comptroller of the Currency (OCC) has selected Kelly Skalicky, CEO and President, Stearns Bank N.A., along with six additional new committee members, to serve on its Minority Depository Institutions Advisory Committee (MDIAC). The... Read Story
March 24, 2021, 07:15 AM


Willis Lease Finance Corporation announced it has closed its first transaction utilizing its new revolving credit lease engine financing product (the RCL). Scandinavian Airlines System (SAS) selected the RCL to finance CFM LEAP and Trent XWB engines... Read Story
March 23, 2021, 07:00 AM


North Mill Equipment Finance LLC announced the closing of its fourth commercial equipment backed securitization (ABS), NMEF Funding 2021-A (NMEF 2021-A). The $236,588,000 ABS issuance was well received by institutional investors, evidenced by strong... Read Story
March 22, 2021, 07:23 AM


Fleet Advantage, a leading innovator in fleet data analytics, fleet financing solutions and lifecycle cost management (LCCM) announced its CEO, John Flynn, has been named to the Supply & Demand Chain Executive magazine’s list of 2021 Pros to Know in... Read Story
March 22, 2021, 07:10 AM


LeaseAccelerator announced results of the 2021 Global Lease Accounting Survey conducted with Ernst & Young LLP (EY). While lease accounting standards for public companies have been around since 2019, the results show that there is still a significant... Read Story
March 19, 2021, 07:18 AM


First Business Bank announced a new arrangement allowing First Business Bank’s Floorplan Financing clients to finance their vehicle inventory purchases from SmartAuction, an online vehicle auction from Ally Financial.To help dealers efficiently... Read Story
March 19, 2021, 07:04 AM


CIT Group announced that its Small Business Solutions group has been selected as winner of the “Business Lending Innovation Award” for its point-of-sale lending platform in the fifth annual FinTech Breakthrough Awards program. The recognition was... Read Story
March 18, 2021, 07:15 AM


Tamarack Technology, Inc. has reached a milestone as it celebrates its 20th anniversary of serving the equipment finance industry. For the past two decades, Tamarack has been helping lessors realize greater value from their operations through... Read Story
March 17, 2021, 07:21 AM


Stonebriar Commercial Finance is celebrating its sixth anniversary this week, having closed another record year with new funded volume of $1.43 billion in structured leases and loans, and driving a 36 percent year-over-year increase in operating... Read Story
March 17, 2021, 07:19 AM


Jim Carroll, a 35-year technology finance veteran, announced he has launched a new capital finance company, Wesley Capital.“I’m pleased to be able to bring my experience to work for my business clients who are looking for financial solutions... Read Story
March 17, 2021, 07:18 AM


Centra Funding, LLC announced the completion of its first securitization of equipment finance receivables, Centra Funding 2021-1. The proceeds from this securitization amount to approximately $69 million and will be used for the continuing growth of... Read Story
March 17, 2021, 07:00 AM


Stonebriar Commercial Finance announced the closing of a $70 million sale and leaseback with an independent producer of specialty hydrocarbon and fuels products. Consistent with the company’s strategic deleveraging efforts, the lease proceeds... Read Story
March 15, 2021, 07:20 AM


Utica Leaseco, LLC announced the completion of a transaction totaling $2,350,000 during the March 8 to March 12 week.The refinance secured by machinery and equipment to a multi-location oil field service provider located in Texas. By utilizing the... Read Story
March 15, 2021, 07:18 AM


36th Street Capital Partners, LLC announced the successful securitization of equipment loans and leases through a private loan transaction with pension and insurance companies as lenders. The transaction involves the securitization of $138 million of... Read Story
March 11, 2021, 07:20 AM


Orion First Financial, LLC announced CF Bankshares Inc. and its wholly owned banking subsidiary, CFBank, N.A., has selected Orion First, a full-service commercial loan and lease portfolio servicer, as its exclusive provider of primary management... Read Story
March 10, 2021, 07:22 AM


IronUp, founded by equipment data and software veterans Garrett Schemmel and Sam Giffin, leaves private beta and is now widely available. IronUp, for the first time, allows equipment renters to manage their rented fleets from all suppliers in one... Read Story
March 10, 2021, 07:10 AM


Amur Equipment Finance, Inc. announced record growth in Q4 2020. Amur’s Q4 originations increased 27 percent, year over year, with a 34 percent year over year increase in application volume. Amur is proud to have set new records for monthly and... Read Story
March 09, 2021, 07:20 AM


North Mill Equipment Finance LLC, an independent commercial equipment lessor located in Norwalk, CT., announced the upsizing of its existing investment-grade rated corporate notes to $25 million. The company intends to use the net proceeds from the... Read Story
March 09, 2021, 07:18 AM


The Global Leasing Report, released by White Clarke Group in association with the World Leasing Yearbook, is the definitive guide to the world’s top 50 leasing markets. The report has been established for over 30 years as a leading analysis of... Read Story
March 08, 2021, 07:17 AM


Meineke Dealers Purchasing Co-op Inc. (MDPCI) has presented its Vendor Appreciation Award to Corcentric, a provider of business spend management and revenue management solutions and services.Meineke also relies on Corcentric’s Managed AR solution... Read Story
March 08, 2021, 07:10 AM


Stonebriar Commercial Finance, a large-ticket independent diversified commercial finance and leasing company, announced it has closed its eighth asset-backed securitization (ABS), SCFET 2021-1. The ABS issuance is secured by a portfolio of commercial... Read Story
March 04, 2021, 07:25 AM


First Business Bank announced the closing of a $7 million inventory floorplan line of credit for an independent car dealer through its Floorplan Financing group.The dealership was seeking a bank relationship to replace its finance company floorplan... Read Story
March 04, 2021, 07:10 AM


First National Capital Corporation (FNCC), a full-service commercial equipment and aviation finance provider, announced record fourth-quarter capital deployment of $180 million and a record $371 million for the year.Keith Duggan, CEO of First... Read Story
March 03, 2021, 07:19 AM


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 and rebranded sister facilities in Europe to enhance and align its global capabilities and... Read Story
March 03, 2021, 07:15 AM


Stonebriar Commercial Finance announced the closing of a $70 million sale and leaseback with an independent producer of specialty hydrocarbon and fuels products. Consistent with the company’s strategic deleveraging efforts, the lease proceeds... Read Story
March 02, 2021, 07:20 AM


TIAA Bank announced it has changed the name of its warehouse finance business to Structured Mortgage Finance, reflecting the business’ aim of serving more clients nationwide with a full range of lending services.“TIAA Bank continues to evolve and... Read Story
February 26, 2021, 07:18 AM


Solar Capital Ltd. announced it has changed its name to SLR Investment Corp. This will reflect the concurrent platform rebranding of SLRC’s investment advisor, Solar Capital Partners, to SLR Capital Partners. The new names will utilize one brand... Read Story
February 25, 2021, 07:17 AM


DLL, a global asset finance company for equipment and technology, announced its “Trees for Tomorrow” campaign – a partnership with Vermont-based 501C3 non-profit, One Tree Planted – benefitting reforestation efforts in 2021.Through the campaign... Read Story
February 24, 2021, 07:20 AM


Pitney Bowes Inc. announced the Pitney Bowes Bank has signed a term loan and accompanying revolving line of credit, demonstrating its continued commitment to the small- and mid-market business community. The term loan was signed with pharmaceutical... Read Story
February 22, 2021, 07:17 AM


Industry veteran Jim Gavaghan announced the formation of his new recruiting entity, Lease Search LLC.Prior to launching Lease Search, Gavaghan spent 33 years at GE Capital and served as a Senior Managing Director in GE’s Corporate Finance Division.... Read Story
February 22, 2021, 07:15 AM


Xerox Holdings Corporation signed Lexmark as the first original equipment manufacturer client for Xerox Financial Services (XFS), a new global payments solutions business. XFS, which finances both Xerox and third-party workplace technology needs... Read Story
February 18, 2021, 07:25 AM


CIT Group Inc. announced that its Asset-Based Lending business committed to $25 million in financing while serving as joint lead arranger on an asset-based credit facility of up to $145 million on behalf of a commercial finance company serving... Read Story
February 18, 2021, 07:05 AM


Commercial Credit Group Inc. (CCG), an independent commercial equipment finance company, announced the closing of a 144a privately placed term asset-backed security (ABS) transaction (the 2021-1 transaction). The $327,821,000 financing was placed... Read Story
February 17, 2021, 07:22 AM


Orion First has begun servicing contracts for ApplePie Capital. Based in San Francisco, CA, and led by CEO and co-founder Denise Thomas, ApplePie Capital is a nationwide lender dedicated to the franchise industry, with transaction sizes ranging from... Read Story
February 17, 2021, 07:21 AM


GreatAmerica Financial Services Corporation completed its 20th term securitization of $631.5 million in privately placed bonds with institutional investors. GreatAmerica uses proceeds from its securitizations to pay off debt in its warehouse and... Read Story
February 16, 2021, 07:22 AM


ENGS Commercial Finance Co., a Mitsubishi UFJ Lease and Finance company, has long understood the power that technology and digitization plays for businesses. To lead and service its vendors and customers faster and with more precise offerings, ENGS... Read Story
February 16, 2021, 07:21 AM


Tamarack Consulting, a provider of independent software solutions in the equipment finance and commercial lending industry, has officially changed its name to Tamarack Technology, Inc. The name change reflects the company’s new focus supporting... Read Story
February 16, 2021, 07:20 AM


FSG Capital, Inc., based in Laurel, MD, is celebrating its 30th anniversary in business.FSG is an independent equipment financing company serving businesses primarily in the mid-Atlantic area, but with customers throughout the United States. The... Read Story
February 12, 2021, 07:18 AM


ECS Financial Services announced Shareholder Nancy Geary, CPA, CLFP, has made the Monitor’s second annual Top Women in Equipment Finance List. As one of the most powerful women in the equipment financing industry, Geary possesses a unique vision for... Read Story
February 12, 2021, 07:05 AM


Fleet Advantage announced significant results provided for its clients and milestones achieved during 2020, a year that saw the need for great agility, responsiveness and inventiveness for truck transportation fleets.COVID-19 placed a significant... Read Story
February 11, 2021, 07:05 AM


Crossroads Equipment Lease and Finance, LLC recently priced its $163 million ABS debut backed by commercial truck loans to solid demand, reducing its cost of borrowing and enabling expanded funding options. Crossroads closed the equipment... Read Story
February 10, 2021, 07:22 AM


ENGS Commercial Finance Co. a Mitsubishi UFJ Lease and Finance company, announced it has earned the 2021 Top Workplaces USA award and the Financial Services Industry distinction, issued by Energage. This is the inaugural year for Top Workplaces USA... Read Story
February 10, 2021, 07:15 AM


Despite the COVID-19 pandemic, Baystone Government Finance closed its most successful year on record in 2020, the company announced.Baystone was founded 33 years ago in 1987 as the government and non-profit lending division of KS StateBank. The... Read Story
February 09, 2021, 07:22 AM


Deborah Reuben, CEO and founder of TomorrowZone announced the lineup for the Beyond Convention: EF Innovators UnConference Winter 2021 Series, scheduled to begin in mid-February. The live session series is designed to bring together forward-thinking... Read Story
February 05, 2021, 07:10 AM


Ascentium Capital LLC announced it achieved $1.25 billion in annual funded volume. The company ended 2020 with $2.6 billion in managed assets representing 8.30 percent growth in assets year-over-year.  “Our 2020 accomplishments are celebrated with... Read Story
February 04, 2021, 07:23 AM


Calculating an affordable equipment payment just got easier with Beacon Funding’s new and improved mobile app. Beacon released a new version of its 3-in-1 Equipment Financing Calculator App for both iPhone and Android mobile users.Now available in... Read Story
February 04, 2021, 07:15 AM


LeaseQuery announced the launch of its LeaseManager solution. LeaseManager, able to house an unlimited number of leases free-of-charge, is a self-service lease management solution for lessees and tenants. As companies and organizations across every... Read Story
February 04, 2021, 07:00 AM


Insight Investments, LLC and Harbor Capital Leasing, Inc. announced a partnership to accelerate the growth and momentum of their leasing organizations. Independent material handling equipment lessor, Harbor Capital, has joined forces with established... Read Story
February 03, 2021, 07:25 AM


CHG-MERIDIAN is launching its first green financing option, carbonZER0. This new option is being introduced in 27 countries – and will enable companies to make carbon-neutral IT investments by offsetting the carbon emissions that are generated during... Read Story
February 03, 2021, 07:22 AM


Balboa Capital announced the results of its “Small Business Trends for 2021 Survey” which was conducted to uncover key insights about emerging business trends for the new year. The survey, which was sent to a sample of small business owners and... Read Story
February 03, 2021, 07:20 AM


CIT Group Inc. announced its Technology, Media and Telecommunications business served as co-lead arranger and joint bookrunner for a $165 million financing on behalf of iEnergizer, a leading technology services and media solutions company.The... Read Story
February 03, 2021, 07:17 AM


KeyBank Specialty Finance Lending, a business unit of KeyBank National Association, announced it has closed a $35 million credit facility for Commercial Equipment Finance Inc. (CEFI), an independent commercial equipment finance company headquartered... Read Story
February 02, 2021, 07:23 AM


Maxim Commercial Capital announced it funded transactions ranging from $10,000 to $1.5 million for borrowers in 42 states during 2020. The financings enabled small and mid-sized businesses (SMBs) get the heavy equipment they need to sustain and grow... Read Story
February 02, 2021, 07:18 AM


Onset Financial, an independent equipment leasing company, achieved another unprecedented January with $63 million in fundings, making it the highest funding month in company history. This accomplishment is after Onset’s record-breaking 2020.For the... Read Story
February 02, 2021, 07:10 AM


Ritchie Bros. has spent the last couple of years developing an innovative, cloud-based Inventory Management System (IMS) designed to bring asset management and disposition into a new age. With Ritchie Bros. Asset Solutions' free version of the... Read Story
February 01, 2021, 07:10 AM


First American Equipment Finance was honored as No. 2 on the 2021 Top Workplaces USA list (150-499 employees) by Energage, an organization that develops solutions to build and brand Top Workplaces. The Top Workplaces USA award is built on the... Read Story
January 29, 2021, 07:05 AM


LeaseQuery, a provider of purpose-built lease accounting software, announced it is integrating its solution with Microsoft Dynamics 365 Finance and Business Central, an industry leader in enterprise resource planning (ERP) and customer relationship... Read Story
January 28, 2021, 07:17 AM


Brian Slipka, CEO of Honour Capital, announced the expansion of the company into additional space in the North Loop business district of Minneapolis. While the company will maintain a corporate address and presence in the Dinkytown neighborhood, the... Read Story
January 26, 2021, 07:20 AM


Trinity Industries, Inc. announced that Trinity Industries Leasing Company (TILC) has issued the release of its Green Financing Framework, supported by a second-party opinion from Sustainalytics, a Morningstar Company and a globally recognized... Read Story
January 26, 2021, 07:06 AM


LTi Technology Solutions (LTi), a provider in asset finance software solutions, announced support for the LIBOR to SOFR transition in all versions of its flagship product, ASPIRE V5. While the official end of LIBOR is still several months away, it... Read Story
January 25, 2021, 07:20 AM


What a difference a year can make. COVID-19’s toll on humanity has been staggering and its economic impact profound. A year ago, few could foresee how the virus would become a lingering pandemic, changing business risks and opportunities while... Read Story
January 25, 2021, 07:00 AM


Tandem Finance is one of the industry’s fastest-growing small-ticket, independent, equipment finance and lease companies. Powered by the efforts of its team and its vendor partners, Tandem continued its rapid national expansion in 2020 despite the... Read Story
January 22, 2021, 07:25 AM


Equipment Broker School, an online training course for the equipment finance and leasing industry, has released Equipment Broker Platform (CRM) a system for not only equipment finance & leasing brokers, but short-term working capital brokers as well.... Read Story
January 22, 2021, 07:00 AM


SLIM Capital, located in Beverly Hills, CA, reported 2020 as a record year of continued growth. CEO Shervin Rashti is pleased with how 2020 ended up and feels confident that there will be tremendous growth and stability in the year 2021.“Despite a... Read Story
January 21, 2021, 07:20 AM


Alliance Funding Group (AFG), one of the largest privately held equipment finance companies in the U.S., announced the launch of its new domain (afg.com), logo and brand identity.AFG has funded more than $2 billion dollars in equipment loans, leases... Read Story
January 21, 2021, 07:18 AM


Teslar Software, a provider of automated workflow and portfolio management tools designed to help community financial institutions thrive, announced it has partnered with EF Group to streamline operations and improve business relationships for the... Read Story
January 21, 2021, 07:08 AM


Visual Lease announced its 2020 business results, citing a 22 percent increase in revenue year-over-year, making it the third straight year that Visual Lease experienced double-digit growth. Along with an increase in revenue, Visual Lease reported a... Read Story
January 21, 2021, 07:05 AM


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


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


IDS, a provider of asset and equipment finance technology announced it has exited 2020 hitting multiple company milestones, including 20 go-lives of its industry leading technologies and crossing the $36 billion mark of committed net asset value... Read Story
January 19, 2021, 07:25 AM


Tamarack Consulting, a provider of independent software solutions in the equipment finance and commercial lending industry, has partnered with Hunter & Company to offer an assessment of a company’s equipment finance operation systems and workflows.... Read Story
January 15, 2021, 07:20 AM


JDR Solutions Inc., a provider of support services and infrastructure to the equipment finance industry, celebrates their 20th anniversary in 2021.JDR Solutions was founded in 2001 by Doug Williams, John Schaffner and Richard Lewis. The group was... Read Story
January 14, 2021, 07:14 AM


Quality Leasing Co., Inc., the mid-tier commercial equipment financing subsidiary of the Tom Wood Automotive Group, posted record-breaking business volume for 2020 — posting 14 percent growth in funding volume year over year.Despite the trials of the... Read Story
January 13, 2021, 07:22 AM


Dedicated Commercial Recovery Inc. has now fed one million children. Through a three-year partnership with Feed My Starving Children (FMSC), Dedicated has now donated one million meals to children across the globe. Dedicated's founder and CEO, Shawn... Read Story
January 13, 2021, 07:21 AM


Fincura, Inc. has expanded its relationship with Accord Financial Corp. providing its AI and machine learning capabilities to significantly enhance the richness of data collected by Accord, enabling insight, service, support and knowledge.As Accord... Read Story
January 13, 2021, 07:20 AM


Oakmont Capital Holdings announced a partnership with Quaint Oak Bank. As a direct, independent lender, Oakmont Capital Holdings is poised to expand its lending lines to become a stronger national force in the equipment finance industry.“Oakmont... Read Story
January 12, 2021, 07:25 AM


Rand Technology and Mitsubishi UFJ Lease & Finance (U.S.A.) have formed an alliance offering beneficial solutions to both companies’ customers by expanding life cycle support for each of their businesses. Rand offers a complete suite of solutions... Read Story
January 12, 2021, 07:22 AM


Commercial debt selling activity by banks, equipment finance companies, fintech lenders and merchant cash advance businesses is expected to grow this year as non-performing loans and leases mount from the continuing impacts of the COVID-19 pandemic... Read Story
January 12, 2021, 07:17 AM


Arctos Capital, a commercial lender with offices in San Francisco, CA and Calgary, AB, recently finished a record quarter of growth. Arctos originated over $16.5 million of equipment financings in Q4 to provide capital to the leading Bitcoin Mining... Read Story
January 11, 2021, 07:20 AM


Fleet Advantage announced it has been named to Food Logistics’ 2020 FL 100+ Top Software and Technology Providers annual list. This is the seventh straight year that Fleet Advantage has been included on the list, which honors leading software and... Read Story
January 11, 2021, 07:00 AM


Financial Partners GROUP (FPG) announced fourth-quarter funding volume of $77 million, including the largest month in company history with December volume exceeding $31 million.“Q4 was our first full quarter under the expansion and rebrand of FPG and... Read Story
January 08, 2021, 07:16 AM


Orion First has begun servicing contracts for TEAM Funding Solutions. Based in Austin, TX, TEAM, like much of the industry, was interrupted by the pandemic, which forced a reevaluation of its business operations. Ready to focus again on growing... Read Story
January 07, 2021, 07:26 AM


North Star Leasing announced that 2020 was a record-setting year in the 41-year history of the equipment leasing company. It set all-time highs in annual, quarterly and monthly funding.Buoyed by a $10 million December – the company's top funding... Read Story
January 07, 2021, 07:25 AM


In a year filled with unforeseen and unparalleled challenges, small and midsize U.S. business leaders are showing resilience by remaining nimble, accelerating digital adoption and using lessons learned to plan for continued economic uncertainty... Read Story
January 06, 2021, 07:20 AM


Blue Bridge Financial, LLC, an independent commercial equipment finance company, announced the upsizing of its existing corporate notes to $15.0 million. This incremental capital raise follows the company’s previously announced three-year extension... Read Story
January 06, 2021, 07:09 AM


North Mill Equipment Finance LLC, an independent commercial equipment lessor located in Norwalk, CT, announced 2020 was the best 12 months in the company’s 60-year history as loan and lease originations reached an all-time high. Reporting upsurges in... Read Story
January 05, 2021, 07:22 AM


Onset Financial, an independent equipment leasing company, has achieved another record-breaking funding year in 2020 with $240 million in fundings. This beats its prior funding record set in 2019 by 14 percent.  Achieving this milestone demanded a... Read Story
January 05, 2021, 07:18 AM


Resolvion, an Atlanta, GA-based equipment repossession management firms, has expanded its services to provide customers with a comprehensive solution to equipment recovery and liquidation needs. This “end-to-end” program, called Recovery Plus... Read Story
January 05, 2021, 07:15 AM


A new Sandhills Global market data report highlights dropping inventory levels making a major impact on year-over-year used equipment values in key construction, farm and truck markets. By assessing year-over-year inventory and equipment values... Read Story
January 04, 2021, 07:06 AM


The American Institute of CPAs (AICPA) is a strong advocate of additional relief for small businesses and worked in recent months to prepare CPA firms for the next round of Paycheck Protection Program (PPP) funding through the development of... Read Story
December 29, 2020, 07:25 AM


Atlas Engineered Products announced it has signed a new credit and banking agreement with TD Canada Trust.“We are excited with this new financing and credit partnership with TD Canada Trust of up to $11.1 million. With this agreement we replace our... Read Story
December 29, 2020, 07:20 AM


Wells Fargo was awarded the top prize for Sustained Excellence by S&P Global Platts at its 2020 Global Energy Awards. The Sustained Excellence category recognizes companies that are embracing efficiency and renewable energy in their operations to... Read Story
December 29, 2020, 07:14 AM


Fleet Advantage announced its foundation, Kids Around the Corner, donated $5,200 to The Salvation Army Angel Tree Program of Fort Lauderdale in collaboration with Walmart.Each year, The Salvation Army and Walmart collaborate to provide gifts for... Read Story
December 29, 2020, 07:00 AM


North Mill Equipment Finance LLC, an independent commercial equipment lessor located in Norwalk, CT., announced the company closed on two fourth quarter capital market transactions.The company increased the size of its senior loan facility with... Read Story
December 28, 2020, 07:25 AM


While COVID-19 has meant tremendous economic hardship across all business sectors, executives widely feel employees have risen to the occasion regarding productivity as a result of much of the country utilizing a work-from-home (“WFH”) model.... Read Story
December 28, 2020, 07:12 AM


HYPERAMS, a full-service auction, appraisal, retail liquidation and reverse logistics firm, celebrates its 10th year this month. The HYPERAMS management team recently reflected on the company’s decade in business, its successful growth over the years... Read Story
December 28, 2020, 07:11 AM


Liventus was ranked in Clutch’s top 1000 for 2020, the market research firm’s most exclusive award. The ranking puts Liventus among the top 1 percent of B2B companies in theworld.“I appreciate Clutch’s recognition as a top B2B company in our specific... Read Story
December 28, 2020, 06:59 AM


Bob Rinaldi released his exclusive video interview with internationally acclaimed geopolitical expert Peter Zeihan. Zeihan discusses the rollout of the COVID-19 vaccine and its economic impact over the next three years on capital equipment spending... Read Story
December 22, 2020, 07:25 AM


Wintrust Asset Finance Inc. (WAF) was recently listed in the Monitor Daily’s Monitor Bank 50 for 2020, which provides a total analysis of the largest bank-affiliated equipment leasing and finance companies in the U.S. The ranking exemplifies WAF’s... Read Story
December 22, 2020, 07:04 AM


The Alta Group and Reimagine Advisors announced a strategic partnership this month that will enable them to bring transformative technology solutions to clients seeking a competitive advantage in the digital-first economy.Reimagine Advisors, recently... Read Story
December 21, 2020, 07:20 AM


Amur Equipment Finance announced it is Great Place to Work-Certified for 2020, with 95 percent of Amur’s employees confirming Amur is a great place to work. This is the third year in a row that Amur has achieved the Great Place to Work-Certified... Read Story
December 18, 2020, 07:10 AM


LTi Technology Solutions LTi Technology Solutions (LTi), a provider in asset finance software solutions, provided a company update for the end of the 2020 year. LTi was well-positioned for business resiliency with its industry-leading cloud solution... Read Story
December 17, 2020, 07:21 AM


Leasepath, provider of the Asset Finance industry’s only cloud-first Finance Origination (LOS) and Customer Engagement (CRM) platform on the Microsoft Cloud, announced the selection of its flagship product by Oakmont Capital Services (OCS).“We’re... Read Story
December 17, 2020, 07:20 AM


LTi Technology Solutions (LTi) provided a company update for UK’s marketplace. LTi announced it has implemented two strategic customer go-lives in December in the UK with its industry-leading cloud solution, ASPIRE. The customers’ range from... Read Story
December 16, 2020, 07:20 AM


Ivory Consulting Corporation, a provider of equipment lease and loan software, announced SuperTRUMP, its flagship product, along with its business intelligence product, Portfolio Intelligence, have been selected by five asset finance businesses in... Read Story
December 16, 2020, 07:05 AM


Fleet Advantage announced the company has been selected as a 2020 recipient of the Green Supply Chain Award by Supply & Demand Chain Executive Magazine. This is the second year Fleet Advantage received this award.The Green Supply Chain Award... Read Story
December 15, 2020, 07:10 AM


Arctos Capital, a commercial lender with offices in San Francisco, CA, and Calgary, AB, has closed another equipment financing transaction to help leading Bitcoin Mining firms bring more hashpower to North America. The $6.5M transaction financed the... Read Story
December 14, 2020, 07:20 AM


Leasepath, provider of the cloud-first Finance Origination (LOS) and Customer Engagement (CRM) platform built exclusively for asset finance, announced the formation of a strategic partnership with technology-driven insurance solutions provider... Read Story
December 09, 2020, 07:25 AM


Bard College has received a gift of $5 million for its endowment from alumnus and trustee Mostafiz ShahMohammed. This generous unrestricted gift to Bard’s endowment will strengthen the college’s ability to support everything from scholarships to... Read Story
December 09, 2020, 07:20 AM


Former TIAA Bank Commercial Information Officer Denis Stypulkoski launched Reimagine Advisors, a consulting firm. Reimagine Advisors is a transformation consultancy helping organizations to proactively reimagine their business to compete in the... Read Story
December 09, 2020, 07:19 AM


First Business announced a new agreement with ACV Auctions to offer Floorplan Financing through ACV Auctions digital auction site. The partnership allows independent used car dealers who have earned competitive pricing and upscale service to purchase... Read Story
December 09, 2020, 07:05 AM


Want to hear what it takes to start and scale an equipment leasing business, then welcome to your very own front-row seat? Bob Rinaldi adds to his Leasing Avenues blog with an up-close and personal video interview with Kirk Phillips, President and... Read Story
December 08, 2020, 07:20 AM


The equipment professionals at Loeb have been creating winning solutions since 1880. Loeb has added another innovative solution to its portfolio of financial services. Loeb’s Line of Credit option now allows clients to leverage the value of their... Read Story
December 04, 2020, 07:10 AM


North Mill Equipment Finance LLC, an independent commercial equipment lessor located in Norwalk, CT, announced the company reached an all-time high in monthly loan and lease originations in November. The record-breaking month saw funded volume climb... Read Story
December 03, 2020, 07:20 AM


LTi Technology Solutions (LTi) announces a new partnership with DocuSign. ASPIRE’s new integration with DocuSign gives customers the ability to electronically sign documents in a matter of seconds. By fully digitizing the signature process, ASPIRE... Read Story
December 03, 2020, 07:18 AM


LeaseQuery, a provider of purpose-built lease accounting software, announced its partnership with Sage Fixed Assets, a provider of asset management software. This alliance will allow LeaseQuery and SFA to combine lease management and capital... Read Story
December 02, 2020, 07:18 AM


Peapack-Gladstone Financial Corporation and Peapack-Gladstone Bank announced that Kim Waldron, Senior Managing Director, Platinum Service Team, has graduated from the NJBankers Emerging Leaders Program.  This nine-month banking curriculum is designed... Read Story
December 02, 2020, 07:12 AM


LTi Technology Solutions (LTi), a provider in asset finance software solutions, announced that Honour Capital has selected the ASPIRE platform to help meet its long-term strategic, financial and operational goals. When Honour Capital was in the... Read Story
December 01, 2020, 07:20 AM


Balboa Capital, a direct lender that specializes in small business loans and equipment financing, is seeing an increase in capital equipment investing by small business owners who want to take advantage of the current Section 179 tax deduction before... Read Story
December 01, 2020, 07:10 AM


Corporate leaders now identify fear of further shutdowns from a new wave of COVID-19 infections as their top concern (54 percent), outpacing the implications of a global economic downturn (41 percent), according to the latest results of PwC’s Road to... Read Story
November 30, 2020, 07:22 AM


Minerva Beauty, Inc. has partnered with Amerifund, Inc. to provide Minerva Beauty customers with an additional equipment financing option. For over 25 years, Amerifund has provided quick approvals and customized financial solutions for businesses... Read Story
November 30, 2020, 07:10 AM


Earlier this year, the American Institute of CPAs (AICPA) joined more than 170 organizations urging Congress to include a technical correction addressing the tax treatment of loan forgiveness under the Paycheck Protection Program (PPP) in its next... Read Story
November 24, 2020, 07:10 AM


The NFIB Research Center released the latest quarterly Small Business Economic Trends Industry-specific survey. The survey highlights the construction, manufacturing, retail and services industries. NFIB released previous reports in August and May... Read Story
November 23, 2020, 07:20 AM


Visual Lease, a provider of lease accounting and management software, announced the company ranked No. 167 on Deloitte’s Technology Fast 500, a ranking of the 500 fastest-growing public and private technology, media, telecommunications, life sciences... Read Story
November 23, 2020, 06:55 AM


DLL, a global asset finance company for equipment and technology, received the 2020 Digital Innovation Award from Leasing Life, one of the top leasing industry journals in Europe, during the first virtual Leasing Life Conference & Awards event.  The... Read Story
November 20, 2020, 07:19 AM


Liberty Commercial Finance, an independent equipment lease and finance company, announced it has closed a new senior lending facility with Texas Capital Bank to further expand its direct funding capabilities. This new facility comes shortly after... Read Story
November 19, 2020, 07:20 AM


Leasepath, provider of the cloud-first Finance Origination (LOS) and Customer Engagement (CRM) platform built exclusively for asset finance, announced the successful launch of its flagship product with First Financial Equipment Leasing, the Orange... Read Story
November 19, 2020, 07:18 AM


Deborah Reuben, CEO and Founder of TomorrowZone, along with asset finance company DLL, announced plans to launch the Beyond Convention: EF Innovators UnConference – the first industry-wide community innovation challenge to meet the urgent tech needs... Read Story
November 16, 2020, 07:20 AM


CWB National Leasing has been named one of Canada’s Top 100 Employers for the fifth year in a row. This recognition is a testament to its evolving workplace culture, as it continues to grow and seek ways to create a fulfilling and meaningful working... Read Story
November 16, 2020, 07:04 AM


Siemens Financial Services, part of Siemens Healthcare Sector, has chosen the TurnKey Lender Unified Lending Platform to digitize its loan-approval process for almost instant decisioning.Siemens Healthcare Sector is one of the world's largest... Read Story
November 13, 2020, 07:23 AM


Fincura welcomed Commercial Equipment Finance, Inc. (CEFI), an independent, full-service commercial equipment finance and leasing company, to its family of customers. CEFI will take advantage of Fincura’s financial insight engine to drive faster... Read Story
November 11, 2020, 07:10 AM


CIT Group Inc. announced the start of its annual partnership with Feeding America and this year, will double its commitment in the fight against hunger and help donate Two Million Meals for people struggling with food insecurity across the... Read Story
November 11, 2020, 07:05 AM


TAB Bank announced it has opened a Small Ticket Accounts Receivable (STAR) Financing office in Plano, TX. The new office has a team of 22 commercial finance professionals and will underwrite and manage credit facilities under $1 million.... Read Story
November 10, 2020, 07:00 AM


In the wake of the COVID-19 pandemic, remote work has gone from being a perk offered by employers to standard operating practice for many companies. A survey of 2,053 U.S. adults conducted in October by The Harris Poll on behalf of the American... Read Story
November 09, 2020, 07:16 AM


North Mill Equipment Finance LLC, an independent commercial equipment lessor located in Norwalk, CT, will host a 30-minute webinar on how referral agents can benefit from the organization’s financial solutions and record-breaking year in originations... Read Story
November 09, 2020, 07:08 AM


ENGS Commercial Finance Co., a Mitsubishi UFJ Lease and Finance company, announced it has again been awarded the Top Workplace by the Chicago Tribune as one of the most dynamic and industry leading business in Chicago for 2020. This distinction is... Read Story
November 06, 2020, 07:09 AM


NFS Leasing, Inc. and Longhorn Corp. have struck an $840,000 equipment finance agreement that will supply the crane and machinery rental servicer with the equipment needed to support its increase in demand. Longhorn provides superior lifting services... Read Story
November 05, 2020, 07:15 AM