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Week's News

KKR announced the launch of Akrapoint Commercial Capital, a mid-ticket equipment finance company established by a team of experienced industry professionals and KKR. Investment funds managed by KKR will commit $350 million, via KKR’s Asset Based... Read Full News
September 23, 2026, 07:16 AM
Filed Under: Company Announcements


Peakline Partners announced that it has acquired Kalon Capital, a mid-ticket equipment finance platform that provides financing solutions to businesses across the United States.Based in Stamford, Conn., Kalon provides tailored equipment financing... Read Full News
September 23, 2026, 07:15 AM
Filed Under: Mergers & Acquisitions


Fox Ridge Capital closed its third revolving credit facility, a $75 million agreement with DZ BANK AG, bringing the company's total issuances to $240 million since its founding earlier this year. "Fox Ridge Capital has demonstrated impressive... Read Full News
September 23, 2026, 07:13 AM
Filed Under: Company Announcements


The RSM U.S. Middle Market Business Index (MMBI) remained near recent highs, registering at 111.8 for the third quarter, which is a statistically insignificant change from 113.6 in the previous quarter. The reading reflects solid business conditions... Read Full News
September 23, 2026, 07:12 AM
Filed Under: Economic Commentary


Peapack-Gladstone Financial Corp. and Peapack Private Bank & Trust announced the appointment of Kevin Bertscha CPA as Senior Vice President, Chief Audit Executive. In this role, Bertscha will lead the Bank’s internal audit function, overseeing audit... Read Full News
September 23, 2026, 07:12 AM


Preliminary net trailer orders in August were 24,200 units, up about 8,600 units from July, a 55% month-to-month increase, and more than 16,000 units higher than August 2025, according to new data from ACT Research. While appearing meteoric, it’s... Read Full News
September 23, 2026, 07:10 AM
Filed Under: Trucking


Odessa announced the appointment of Mathew Abraham as Chief Executive Officer, effective Sept. 21, 2026. He succeeds Joe Juliano.Abraham returns to Odessa, where he served as Chief Operating Officer from 2019 to 2022, leading the company’s global... Read Full News
September 22, 2026, 07:16 AM


North Mill Equipment Finance LLC (“NMEF”) announced the addition of two experienced industry professionals to its leadership team: Becky Ercolino as Vice President of Legal and Michael Lefkowitz CLFP as Vice President of Credit.  “As NMEF continues... Read Full News
September 22, 2026, 07:15 AM


Beacon Financial Corp., the holding company of Beacon Bank (the “Bank”), announced that the joint Board of Directors of the Company and the Bank unanimously appointed Sean A. Gray as Chief Executive Officer of the Company and the Bank, effective Sept... Read Full News
September 22, 2026, 07:13 AM


FTR reported U.S. heavy-duty trailer orders strengthened sharply in August, closing the 2026 order season on a strong note. Net orders totaled 24,144 units, up 43% month over month (m/m) and 221% year over year (y/y). The increase points to firmer... Read Full News
September 22, 2026, 07:11 AM
Filed Under: Trucking