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News Stories (76 Results) - Originations

ECN Capital Corp. reported its financial results for the three-month period ended Sept. 30. Adjusted net income applicable to common shareholders from continuing operations of $23.3 million versus $17.0 million for the previous three-month period... Read Story
November 13, 2020, 07:11 AM


Marlin Business Services Corp. reported third-quarter 2020 net income of $2.7 million compared with net loss of $5.9 million in the last quarter, and net income of $7.4 million in the third-quarter a year ago.Third Quarter Summary: Net income of... Read Story
October 30, 2020, 07:28 AM


North Mill Equipment Finance LLC, an independent commercial equipment lender, announced the company posted record originations for the third quarter of 2020, the best three months in the firm’s history. Representing a growth rate of approximately 15... Read Story
October 07, 2020, 07:25 AM


Fleet Advantage, an innovator in truck fleet business analytics, equipment financing and lifecycle cost management, announced it secured lease originations totaling $107.3 million for its quarter ending Sept. 30.Companies with transportation fleets... Read Story
October 07, 2020, 06:55 AM


Leasepath, provider of the asset finance industry’s Finance Origination (LOS) and Customer Engagement (CRM) platform, announced a successful launch of its flagship product at a top Auto Finance Captive based in Michigan. The AFC will leverage the... Read Story
September 16, 2020, 07:20 AM


Amur Equipment Finance, Inc. has continued its investment in its strategic growth, notwithstanding the nationwide economic slowdown caused by the COVID-19 pandemic, as the company prepares to celebrate 25 years in business in 2021. As a testament to... Read Story
September 02, 2020, 07:25 AM


Wintrust Commercial Finance (WCF), a division of Wintrust Asset Finance Inc., named Shane Butler and Charlie Fox as Direct Originators for its newly formed East region division, reporting to Keith Tornichia, Vice President of New Business Development... Read Story
August 31, 2020, 07:25 AM


ECN Capital Corp. reported financial results for the three-month period ended June 30. It adjusted net income applicable to common shareholders from continuing operations of $17.0 million versus $14.5 million for the previous three-month period ended... Read Story
August 13, 2020, 07:20 AM


Wintrust Specialty Finance (WSF), a division of Beverly Bank & Trust Company, N.A., completed a successful second quarter and first half of 2020 by gaining market share with equipment vendor partners and supporting independent lessors’ liquidity... Read Story
August 04, 2020, 07:28 AM


North Mill Equipment Finance LLC, an independent commercial equipment lessor located in Norwalk, CT, announced the company achieved an all-time high in loan and lease fundings in July. The record-breaking month saw funded volume reach nearly $18.5... Read Story
August 04, 2020, 07:22 AM


North Mill Equipment Finance LLC, an independent commercial equipment lender located in Norwalk, CT, announced it posted record originations for the first half of 2020. Funded volume reached nearly $80 million, representing a growth rate of 40... Read Story
July 08, 2020, 07:30 AM


Wintrust Commercial Finance (WCF), a division of Wintrust Asset Finance Inc., announced Thomas G. Forbes has been promoted to Executive Vice President and Chief Sales Officer. In this role, Forbes will be responsible for all originations for WCF, as... Read Story
June 16, 2020, 07:25 AM


The COVID-19 pandemic has significantly impacted the equipment finance industry causing new business originations to slow significantly for many equipment finance companies. Will this trend continue? To gain insight from the equipment finance... Read Story
June 10, 2020, 07:16 AM


ECN Capital Corp. reported its financial results for the three-month period ended March 31. The company reported adjusted net income applicable to common shareholders from continuing operations of $14.5 million in the first quarter versus $18.5... Read Story
May 15, 2020, 07:22 AM


Marlin Business Services Corp. reported a first quarter 2020 net loss of $11.8 million compared with net income of $8.4 million in the prior quarter and $5.1 million a year ago.Selected highlights: Net loss of $11.8 million compared with net... Read Story
May 01, 2020, 07:25 AM


Wintrust Commercial Finance (WCF), a division of Wintrust Asset Finance Inc., announced the hire of Jeffrey Almond as Assistant Vice President of Direct Originations and Jeremy Phillips as Financial Analyst. Almond will work out of WCF’s Frisco, TX... Read Story
April 01, 2020, 07:25 AM


ECN Capital Corp. reported its fourth-quarter and 2019 financial results. For the three-month period ended Dec. 31, 2019, ECN Capital reported adjusted net income applicable to common shareholders from continuing operations of $18.5 million versus... Read Story
February 27, 2020, 07:24 AM


ENGS Commercial Finance Co. (ENGS), a subsidiary of Mitsubishi UFJ Lease and Finance (MUL) company, achieved record-breaking origination volume in 2019. Reporting its most successful year in the company’s history, ENGS financed a total of $687... Read Story
February 25, 2020, 07:28 AM


Wintrust Specialty Finance (WSF), a division of Beverly Bank & Trust Company, N.A. and part of the Wintrust family, completed its first year of originations in 2019 with more than $148 million in commercial equipment financing and leasing... Read Story
February 10, 2020, 07:25 AM


NFS Leasing, Inc., announced 20 percent 2019 full-year growth of originations and an office expansion at its Boston, MA, area headquarters. “We have a dedicated team across-the-board and that team delivered exceptional service, resulting in... Read Story
January 29, 2020, 07:19 AM


Encina Equipment Finance, LLC (EEF) announced the addition of Ryan Elsass as Managing Director of Business Development for the Midwest.Elsass will be based out of Chicago, IL, and report to EEF’s President and Chief Commercial Officer Rick Matte. He... Read Story
January 23, 2020, 07:25 AM


ENGS Commercial Finance Co., a Mitsubishi UFJ Lease and Finance (MUL) company, achieved record-breaking originations in Q4 2019. In December, ENGS funded a single month record of $115 million, and for the quarter, ENGS funded $222 million. This... Read Story
January 21, 2020, 07:25 AM


Stonebriar Commercial Finance announced Alex Palazzolo has joined the company as Managing Director of Originations. Based in Plano, TX, he will leverage existing and develop new relationships to source fixed-asset secured loan and lease opportunities... Read Story
January 15, 2020, 07:25 AM


North Mill Equipment Finance LLC announced the company posted record originations for 2019 — the best year in its history. Funded volume exceeded $136 million representing a growth rate of 350 percent over 2018.“Everybody’s collective efforts are... Read Story
January 09, 2020, 07:22 AM


CIT Group Inc. has appointed Mihir J. Shah as Director of Technology Originations in its Technology, Media and Telecommunications business.In his new role, Shah will have primary responsibility for expanding the business’s existing coverage network... Read Story
December 04, 2019, 07:25 AM


Preston Hollow Capital, an independent specialty municipal finance company based in Dallas, TX, announced the hiring of three senior professionals in its Originations and Asset Management groups. Associate Director Ryan Chiriboga joins a growing... Read Story
November 26, 2019, 07:15 AM


Marlin reported third quarter 2019 net income of $7.4 million, compared with $5.9 million a year ago. Third quarter 2019 net income on an adjusted basis was $7.4 million, compared with $6.4 million a year ago.Commenting on the company’s results... Read Story
November 01, 2019, 07:20 AM


Wells Fargo Commercial Capital announced the realignment of its Canada-based equipment finance and asset-based lending (ABL) originations teams into a newly integrated business unit, harnessing the collective expertise to enhance the customer... Read Story
October 17, 2019, 07:30 AM


North Mill Equipment Finance LLC announced record originations for the third quarter of 2019. The best quarter in North Mill’s history, the company exceeded $43 million in funded volume representing a growth rate in excess of 30 percent from the... Read Story
October 04, 2019, 07:15 AM


ECN Capital Corp. reported adjusted net income applicable to common shareholders of $16.6 million for the second quarter ended June 30 versus $5.6 million for the same period last year.Originations for the three-month were $598 million versus $419.2... Read Story
August 08, 2019, 07:20 AM


North Mill Equipment Finance LLC announced yet another record-breaking month in originations as the company posted $15 million of aggregate volume in July. An all-time high for the organization, the momentum is expected to continue as the year... Read Story
August 07, 2019, 07:20 AM


Marlin reported second-quarter 2019 net income of $6.1 million compared with $5.1 million in the prior quarter, and $6.5 million a year ago. Second-quarter 2019 net income on an adjusted basis was $6.3 million compared with $6.5 million a year... Read Story
August 02, 2019, 07:30 AM


Chesswood Group Limited announced the closing of a new funding facility with Sun Life Assurance Company of Canada for its subsidiary Pawnee Leasing Corporation. This new facility finances Pawnee's prime originations and provides additional annual... Read Story
July 23, 2019, 07:10 AM


Innovative Lifecycle Cost Management (LCCM) & EXchangeIT® Leasing Program Reducing Fleet's Costs While Improving Efficiency. Fleet Advantage, an innovator in truck fleet business analytics, equipment financing and lifecycle cost management... Read Story
July 16, 2019, 07:15 AM


North Mill Equipment Finance LLC, an independent commercial equipment lender located in South Norwalk, CT, announced record originations for the second quarter, exceeding $33 million in funded volume. It was the best quarter in the company’s history... Read Story
July 02, 2019, 07:25 AM


TIAA Bank announced Kimberly Montgomery has taken on a new role as Vice President, Healthcare Originations Leader for TIAA Commercial Finance, Inc. In her new role, she will be responsible for overseeing the healthcare equipment finance platform and... Read Story
June 25, 2019, 07:20 AM


Ascentium Capital LLC announced a record in monthly funding volume since the company started in 2011. Ascentium Capital obtained $131.6 million in originations during the month of May, representing 23 percent growth over the same period last... Read Story
June 05, 2019, 07:22 AM


CSI Leasing, Inc. (CSI) announced that Brian Foley and Tim O’Brien have been promoted to Senior Vice President of Sales.Previously Vice President, Foley will continue his role of originating lease transactions, primarily in Illinois and Wisconsin. He... Read Story
May 16, 2019, 07:25 AM


AP Equipment Financing announced it has set another financing volume record for the first quarter of 2019. AP closed 2019 Q1 funding $32.7 million of equipment to small and medium-sized businesses across the United States. This funded volume... Read Story
May 16, 2019, 07:14 AM


Chesswood Group Limited, a North American commercial equipment finance provider for small and medium-sized businesses, reported results for the first quarter.The company posted strong metrics in the quarter along with the launch of a new... Read Story
May 15, 2019, 07:15 AM


ECN Capital Corp. reported financial results for the first quarter. The company reported adjusted net income applicable to common shareholders of $12.6 million versus a loss of $2 million for the same period last year.“ECN had a solid Q1 across the... Read Story
May 09, 2019, 07:30 AM


Marlin reported first-quarter 2019 net income of $5.1 million compared with net income of $6.2 million a year ago. First-quarter net income on an adjusted basis was $5 million compared with $6.2 million a year ago.“We enjoyed a solid start to 2019 as... Read Story
May 03, 2019, 07:30 AM


North Mill Equipment Finance LLC announced record originations for April. It was the best month in the company’s history and the surge in volume is expected to continue as the year forges ahead.“This was a tremendous team effort across the board and... Read Story
May 03, 2019, 07:25 AM


TIAA Bank announced Michael Sweeney has been promoted to Senior Vice President, Strategic Vendor Programs for the Commercial Finance Division, and Justin Tabone has been promoted to Senior Vice President, Originations Group Leader for the division.... Read Story
April 25, 2019, 07:30 AM


CSI Leasing, Inc. announced industry veteran, Matt Hamilton, has joined the company as Vice President. He will be responsible for lease origination throughout the U.S., with an emphasis on global opportunities.Matt Hamilton brings 30 years of... Read Story
April 10, 2019, 07:35 AM


Encina Business Credit, LLC announced Jim B. Allin has joined the company as Managing Director to lead origination efforts in Texas and Louisiana. Allin has more than 35 years of experience in asset-based lending and international commercial banking.... Read Story
April 04, 2019, 07:20 AM


Boston-based fintech company TimePayment announced it has acquired LeaseQ Inc. The acquisition adds immediate value to TimePayment’s strategic focus of offering vendor partners a leading platform, differentiated product offerings, faster funding and... Read Story
April 03, 2019, 07:30 AM


CSI Leasing, Inc. announced two officer promotions during its annual sales meetings to kick off its new fiscal year.Patrick Gloriod, Executive Vice President and National Sales Manager — Gloriod will continue to manage the U.S. and Canadian sales and... Read Story
March 14, 2019, 07:25 AM


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... Read Story
March 04, 2019, 07:20 AM


Marlin Business Services Corp. reported fourth-quarter 2018 net income of $6.4 million compared with net income of $15.9 million. Fourth-quarter net income on an adjusted basis was $6.4 million compared with $5.9 million a year ago.For the year ended... Read Story
February 01, 2019, 07:22 AM


ENGS Commercial Capital (ECC) announced Lorraine Julius has joined as Senior Vice President, Business Development Manager. In this role, she will be responsible for new business origination and other business development objectives in the western U.S... Read Story
January 18, 2019, 07:25 AM


Wintrust Commercial Finance (WCF), a division of Wintrust Asset Finance Inc., announced Andre Crompton has joined the company’s Capital Markets group, serving as Senior Vice President of Indirect Originations.Crompton will be located in WCF’s New... Read Story
December 03, 2018, 07:35 AM


Hitachi Capital America Corp. (HCA) announces Todd Glickstern has joined their team as Director of Originations for the Structured Finance Division.Glickstern has 33 years of experience in commercial finance. In his role at HCA, he is responsible for... Read Story
November 28, 2018, 07:25 AM


Stonebriar Commercial Finance announced Thomas Kaptur has joined the company as Managing Director of Originations. Based in Chicago, Kaptur will manage Stonebriar’s direct originations efforts throughout the Midwest. Prior to joining Stonebriar... Read Story
November 27, 2018, 07:25 AM


ECN Capital Corp. reported Adjusted Net Income applicable to common shareholders of $21.3 reported financial results for the three-month period ending Sept. 30, up from $12.8 million a year ago.Originations for the three-month period ending Sept. 30... Read Story
November 13, 2018, 07:15 AM


Marlin Business Services Corp. reported third-quarter 2018 net income of $5.9 million, up 79 percent from net income of $3.3 million a year ago. Third-quarter net income on an adjusted basis was $6.4 million compared with $3.9 million a year ago—a... Read Story
November 02, 2018, 07:25 AM


First National Capital Corporation (FNCC), a full-service commercial equipment and aviation finance provider, announced 3Q Lease/Loan fundings of $80.8 million, continuing to meet the capital needs of mid-sized and large corporate entities across the... Read Story
October 24, 2018, 07:10 AM


Amur Equipment Finance, Inc. (AmurEF) announced the completion of its sixth term securitization and second securitization this year. A total of $250,944,000 in rated securities secured by equipment leases and loans originated by AmurEF were issued... Read Story
October 18, 2018, 07:25 AM


Stonebriar Commercial Finance announced Jonathan Katz has joined the company as Managing Director of Originations - Canada. Based in Toronto, Katz will manage both direct and indirect originations efforts throughout Canada.Prior to joining Stonebriar... Read Story
October 17, 2018, 07:05 AM


Crestmark announced the promotion of Bob Leonard to Senior Vice President, Managing Director of Indirect Originations for the Crestmark Equipment Finance (CEF) division. Leonard joined Crestmark in January 2017 as Vice President, Managing Director of... Read Story
October 15, 2018, 07:15 AM


Neumann Finance Company, a newly established nationwide commercial equipment financing company, and a subsidiary of Beneficial Bank, has launched its origination platform and commenced business operations. “It is an exciting time here at Neumann... Read Story
August 22, 2018, 07:20 AM


ECN Capital Corp. reported its financial results for the three-month period ending June 30. The company posted adjusted net income applicable to common shareholders of $13.4 million compared with $8 million for the same period last year.Originations... Read Story
August 13, 2018, 07:06 AM


Wintrust Commercial Finance (WCF), a division of Wintrust Asset Finance, Inc., announced the appointment of Brian Fyffe as Assistant Vice President of Direct Originations.Fyffe will be based out of WCF’s Irvine, CA, office, where he will report to... Read Story
August 10, 2018, 07:20 AM


Nations Equipment Finance has hired Kristina Dudits as Vice President of Sales. In this role, Dudits will be responsible for growing Nations’ lease and loan origination activities in the Western United States. She brings more than seven years of... Read Story
August 07, 2018, 07:20 AM


Marlin Business Services Corp. reported second quarter 2018 net income of $6.5 million, up from net income of $4.6 million a year ago. Second quarter net income on an adjusted basis was $6.5 million compared with $4.8 million.“Marlin delivered... Read Story
August 03, 2018, 07:17 AM


SunTrust Equipment Finance & Leasing Corp. announced Shane Butler has been named Director – Originations and will be responsible for covering corporate banking clients in the Northeast.Butler joins SunTrust with over 15 years of financial services... Read Story
July 25, 2018, 07:22 AM


SunTrust Equipment Finance & Leasing Corp. announced it has named Mark Kayse as Director – Originations and will be responsible for covering commercial banking clients in the Ohio expansion market. Kayse joins SunTrust with 25 years of financial... Read Story
July 17, 2018, 07:20 AM


Ascentium Capital LLC announced strong growth during second quarter 2018. The company funded $326.5 million during the quarter, representing a 28 percent increase in volume over the same period last year. Since inception, the company has funded $4.3... Read Story
July 12, 2018, 07:15 AM


Stonebriar Commercial Finance announced Reagan Rorschach has joined the company as Managing Director of Originations covering the Central Region.Based in Plano, Texas, Rorschach will augment Stonebriar Commercial Finance’s direct originations efforts... Read Story
July 10, 2018, 07:25 AM


Bank of the West (BOTW) Equipment Finance announced the appointment of Terese Kramer as Head of Asset Management in San Francisco. Kramer assumes a newly created leadership role for the Asset Management Group within the Equipment Finance Division... Read Story
July 09, 2018, 07:25 AM


White Oak Commercial Finance (WOCF) announced the addition of John Merille as Senior Vice President and Director of Originations. “We are pleased to add John and his numerous talents to White Oak,” said Robert Grbic, President and Chief Executive... Read Story
June 19, 2018, 07:00 AM


International Decision Systems (IDS) announced the global launch of IDScloud, providing banks, captives and independent finance companies a scalable, proven and innovative platform to drive business growth.Backed by more than 40 years of industry... Read Story
June 14, 2018, 07:09 AM


Marlin Business Services Corp. reported first quarter 2018 net income of $6.2 million, compared with net income of $1.5 million a year ago. First quarter net income on an adjusted basis was $6.2 million compared with $4.3 million a year ago.“Marlin... Read Story
May 04, 2018, 07:15 AM


Ascentium Capital LLC announced surpassing $4 billion in origination volume since the company’s founding in August 2011. “Our award-winning finance platform, elevated levels of efficiencies and our personalized service continue to drive demand for... Read Story
April 12, 2018, 07:30 AM


ENGS Commercial Finance Co. has reached a significant milestone of funding $113 million in the first quarter of 2018, representing 33 percent year-over-year growth, the highest origination quarter in the company’s history.“We are thrilled with our... Read Story
April 11, 2018, 07:28 AM


Ascentium Capital LLC announced surpassing $3 billion in origination volume since the Company’s inception in August 2011. “This milestone represents the doubling of our funded volume in less than two years. It is gratifying that our forward-looking... Read Story
May 17, 2017, 08:00 AM