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News Stories (27 Results) - CG Commercial Finance

Nexseer Capital marked the completion of 2018 on a trajectory of growth and transformation. Nexseer continues to increase volume and balance sheet assets as part of its transformation to a direct lender since the company was acquired by funds managed... Read Story
January 31, 2019, 07:20 AM

CG Commercial Finance has hired Michael Elniski as Senior Vice President of Sales & Marketing, overseeing the growth of the company’s direct equipment financing group.Elniski brings over 25 years of executive sales management experience developing... Read Story
August 22, 2018, 07:22 AM

CG Commercial Finance was recently recognized by The Monitor as No. 18 on its annual list of Top Private Independent Lessors. CG Commercial Finance, which was acquired by funds controlled by Atalaya Capital Management in 2016, has continued to... Read Story
May 02, 2018, 07:00 AM

CG Commercial Finance has hired Micah Thompson to manage its middle market affiliate sales channel. The group provides equipment financing solutions to middle market corporates through lessor and other affiliate channels. Thompson brings more than 25... Read Story
March 28, 2018, 06:35 AM

CG Commercial Finance ended 2017 achieving a number of growth milestones, both economically and organizationally. The company experienced substantial year-over-year growth in lease originations, revenue, and profitability.  The company also increased... Read Story
February 08, 2018, 07:25 AM

Shari Williams has joined CG Commercial Finance in the role of EVP – Credit and Risk Management.  Williams will provide oversight to CG’s overall investment and risk management strategy and process.  She will also be heavily involved in capital... Read Story
February 01, 2018, 07:07 AM

CG Commercial Finance completed a strong calendar year 2017 with a number of significant new account fundings during the fourth quarter across a series of industries, assets types, and credit profiles.  Q4 fundings included the following: $8.5MM... Read Story
January 26, 2018, 07:15 AM

Richard Petrucci has joined CG Commercial Finance in the role of Sr. Vice President – Credit Manager. Petrucci will be working out of CG’s recently established Walnut Creek office and collaborating with Michael Gay to grow the Company’s new business... Read Story
January 15, 2018, 07:19 AM

CG Commercial Finance has hired Michael Gay to establish an adjacent national business unit to better deliver asset financing solutions to large corporates, private equity sponsors, and major third-party and affiliate relationships.  Mr. Gay brings... Read Story
September 27, 2017, 07:32 AM

CG Commercial Finance has expanded its roster in key areas of originations and funding.Laurie Funston and Christina Manall joined CG Commercial’s Affiliate originations team. Funston will be developing Broker/Lessor relationships in the Western... Read Story
September 12, 2017, 07:15 AM

CG Commercial Finance has recently closed a new senior secured credit and securitization facility to fund mid and large ticket equipment finance transactions. The facility has immediate availability of $50MM with an accordion to $100MM and is funded... Read Story
August 02, 2017, 06:39 AM

Sohini Roy has joined CG Commercial Finance as Chief Financial Officer. As a key member of the management team, she will be responsible for extended lending capabilities while scaling operations and systems to meet the substantial growth demands of... Read Story
May 23, 2017, 07:00 AM

Jordan Stowe has joined CG Commercial Finance as Account Manager, Affiliate Channel.   He will be developing business with third party originators in CGCF’s expanding Affiliate Channel for transactions from $500K-$100MM. Previously, Stowe was Sales... Read Story
March 02, 2017, 07:10 AM

CG Commercial Finance announced a strong close to their 2016 fiscal year with nearly $80,000,000 in fourth quarter originations.  With more than $35,000,000 of those originations held on the company’s balance sheet, fueled by the recent capital... Read Story
February 17, 2017, 07:12 AM

The Alta Group announced that it served as financial advisor to Indianapolis-based Connext Financial, Ltd. in its recent acquisition by Engs Commercial Finance Co. of Lisle, IL.  Connext Financial is a leading lender in industrial equipment finance... Read Story
October 06, 2016, 07:22 AM

CG Commercial Finance (CGCF) has completed an 84 month operating lease for ArcelorMittal USA in the amount of $4,500,000 consisting of a used Caterpillar Rotary Blasthole Drill and accessories.ArcelorMittal USA is a wholly owned subsidiary of... Read Story
April 06, 2016, 07:00 AM

CG Commercial Finance (CGCF) announced it has completed a lease transaction totaling $25,000,000 comprised of three Frac-Pump Spreads providing additional liquidity for the Lessee, a large Texas-based oilfield services provider. This transaction is... Read Story
December 15, 2015, 07:05 AM

CG Commercial Finance (CGCF)  announced it has provided  lease financing totaling $6,887,616 for various CNC machines to fulfill the increased production requirements of TURBOCAM’s major customers.TURBOCAM is a global turbomachinery engineering and... Read Story
November 23, 2015, 07:05 AM

CG Commercial Finance (CGCF) announced it has provided lease financing totaling $12,605,000 for air movers, liquid-vacuum trucks, cranes, and hydro-blasters used to service the chemical and oil and gas industries. The transactions were completed... Read Story
July 15, 2015, 07:00 AM

CG Commercial Finance (CGCF) has completed an operating lease in the amount of $10,206,405 for Yellow Iron, Manitowoc Cranes, Fleet Trucks, Skytrak Forklifts, and Wheel Loaders and Backhoes.The Lessee is a leading General Engineering contractor... Read Story
June 25, 2015, 07:00 AM

CG Commercial Finance Vendor Services team has completed an operating lease in the amount of $2,482,699 to facilitate the vendor’s long-term rental program for iron ore crushing equipment. As a result of the pilot finance program success, our client... Read Story
May 05, 2015, 07:07 AM

CG Commercial Finance (CGCF) announced that it has provided a $4,000,000 lease solution for a manufacturer of industrial valves used in global oil and gas exploration and production. The transaction consisted of Oracle eCommerce and ERP software... Read Story
February 09, 2015, 10:00 AM

CG Commercial Finance (CGCF) completed its 23rd schedule for one of the United States largest privately held coal mining operation, for a total of $77,162,139 for new and used above and below ground mining equipment and vehicles.  The leases are... Read Story
December 04, 2014, 06:30 AM

CG Commercial Finance (CGCF) announced that it has completed a lease in the amount of $4,190,000 for CNC machine tools and production equipment. The lessee is a 65 year old family run business that utilizes the equipment to manufacture complex... Read Story
October 20, 2014, 06:43 AM

CG Commercial Finance (CGCF) and Bill Bosco released their update on the GAAP/IFRS convergence project.   CGCF is providing this summary to its clients to assist them to better understand the status of the project and how it may affect their business... Read Story
October 10, 2014, 05:00 AM

Lessees and Lessors are Encouraged to Submit Comment Letters by the September 13th Deadline  CG Commercial Finance (CGCF) released an animated video outlining the issues and implications related to lease accounting changes proposed by FASB and IASB... Read Story
September 06, 2013, 06:50 AM

CG Commercial Finance (CGCF) announced that it has provided a $64MM equipment lease to a joint venture formed by international investment grade companies for a water treatment plant.  The water treatment plant is an integral part of the company’s new... Read Story
April 11, 2013, 07:06 AM