Post Road Equipment Finance (PREF, formerly known as Encina Equipment Finance) announced it has provided a $15 million lease to a precision machining component manufacturer, supplying the defense, semiconductor manufacturing, commercial aerospace...
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August 21, 2023, 07:20 AM
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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...
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September 22, 2022, 07:24 AM
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Cohn & Dussi, LLC, a full-service, Boston-based law firm, announced it has joined the Massachusetts Bankers Association (MBA).For more than 25 years, Cohn & Dussi has represented business clients in practice areas that include collection on breach of...
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June 23, 2022, 07:16 AM
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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...
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August 10, 2021, 07:08 AM
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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...
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July 06, 2021, 07:11 AM
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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...
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May 24, 2021, 07:15 AM
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Bitfarms Ltd. announced it has entered into an equipment lease with BlockFills for 1,000 WhatsMiner M31S+ miners to be delivered and installed in approximately two weeks. BlockFills is the first electronic, off exchange, digital liquidity provider...
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August 21, 2020, 07:05 AM
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IEC Electronics Corp. and M&T Bank on June 4 entered into a master equipment lease for a lease line of up to $10 million in lease value of equipment to the company, IEC reported in a filing with the Securities and Exchange Commission. IEC...
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June 15, 2020, 07:25 AM
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Boston Financial & Equity recently closed an $800,000 equipment lease line with a commercial stage biopharmaceutical company. This small public company had revenues of $22 million, but had net losses of $23 million in 2018. It recently received a...
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March 19, 2019, 07:00 AM
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Sterling Bancorp, through its principal subsidiary, Sterling National Bank, announced it has completed the previously announced acquisition of the asset-based and equipment finance lending businesses of Woodforest National Bank.The balance of...
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March 04, 2019, 07:20 AM
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Sterling Bancorp, through its principal subsidiary, Sterling National Bank, announced it has entered into a definitive agreement to acquire the asset-based and equipment finance lending businesses of Woodforest National Bank in Texas.As of Dec. 31...
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January 24, 2019, 07:25 AM
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Stonebriar Commercial Finance announced the closing of a $23 million equipment lease with a privately held market leader in the industrial equipment rental business.The leased assets consist of new and late model aerial lift equipment. This lease...
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September 25, 2018, 07:10 AM
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Marlin Business Services Corp. announced it has entered into a forward flow sale agreement with Varadero Capital, L.P., a leading alternative asset management firm, to sell up to $300 million in equipment leases and loans to be originated by...
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April 02, 2018, 07:30 AM
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North Mill Equipment Finance,announced the promotion of three of its senior executives.Josh Rothman has been promoted to Executive Vice President and Chief Information Officer. He is responsible for spearheading North Mill’s data analytics solutions...
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April 16, 2015, 07:24 AM
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