Industry

Tamarack Releases Enhancements to DataConsole

Tamarack Technology released the next version of its DataConsole Business Intelligence reporting system, including the addition of a syndication builder, which accelerates the portfolio syndication process with comprehensive asset pool analysis and design coupled with automated “data tape” generation. read more

Susan Carol Creative Rebrands as Foresight Marketing Agency

Susan Carol Creative, a public relations and marketing communications consultant for B2B clients in commercial finance, equipment finance, secured lending, banking and financial technology, rebranded as Foresight Marketing Agency to reflect the agency’s significant growth in capabilities. read more

Mitsubishi HC Capital America Enters Loan Agreement with Renew Energy Partners

Renew Energy Partners announced the financing of its fourth investment vehicle, Renew Energy Efficiency Projects 4, with the special purpose entity executing a master revolving loan and security agreement with Mitsubishi HC Capital America. read more

Providence Capital Selects Consult Disrupt for Lease Accounting RFP Analysis

Providence Capital Funding selected Consult Disrupt, a consulting organization formed to support equipment finance companies with day-to-day operations and technology-related projects, to lead its RFP system selection process and assist with its upcoming software conversion. read more

Trinity Capital Prices Offering of $100MM of 7.875% Notes Due in 2029

Trinity Capital priced an underwritten public offering of $100 million in aggregate principal amount of 7.875% notes due in 2029. Trinity intends to use the net proceeds from this offering to pay down a portion of its existing indebtedness outstanding under its KeyBank credit facility. read more

Dext Capital Upsizes Corporate Note Financing

Dext Capital, a healthcare equipment lessor, upsized its investment-grade corporate note and will use proceeds for new originations and growth initiatives. Brean Capital served as the company’s exclusive financial advisor and sole placement agent in connection with the transaction. read more

CFOs Express Greater Optimism About North American Economy in Q1/24

According to Deloitte’s quarterly CFO Signals survey, in North America, 59% of CFOs expressed optimism for the current economy in Q1/24, up from the 47% tracked in Q4/23. read more

Mitsubishi HC Capital America Targets AI Predictive Purchase Model

Mitsubishi HC Capital America embedded MuleSoft Robotic Process Automation to serve as an incremental catalyst to surfacing sales opportunities through its customized predictive artificial intelligence purchase model. read more

QuickFi Selected as Finalist in 3 Embedded Finance Categories at 2024 U.S. Banking Tech Awards

QuickFi was named a finalist in the New York 2024 Banking Tech USA Awards across three categories: Best Embedded Finance Initiative, Best Embedded Finance Solution, and Vehicle & Equipment LendTech of the Future. read more

Amur Equipment Finance Earns Great Place to Work Certification for Sixth Straight Year

Amur Equipment Finance was certified by Great Place to Work for the sixth consecutive year. Amur employees rated the company 34 points higher than typical U.S. companies surveyed.  read more

Alfa Introduces Sustainability, the Third Pillar of Alfa Systems 6

Alfa, a provider of technology for the equipment finance industry, released Sustainability, the third of six releases that make up Alfa Systems 6, the latest iteration of the company's Alfa Systems software platform. read more

Traction Capital and Leasing Expands Scope to Provide Financing to Multiple Sectors

Traction Capital and Leasing is expanding beyond the transportation industry, now extending its financing expertise to an array of sectors, including construction, industrial, agriculture, logging, manufacturing, healthcare, hospitality/restaurant, vendor finance and IT. read more

Passionate Change Agent Comeaux Added to Converge 2024 Panel

Ellen Comeaux, who recently retired from her role as senior vice president and commercial division leader at EverBank, is the newest addition to Converge 2024’s panel. Other panelists include Bill Verhelle of QuickFi, Mike Jones of First Citizens Bank, Kelly Furia of DLL and Peter Hinssen, Converge 2024’s keynote speaker. read more

Accord Financial Amends Primary Credit Facility to Reduce Limit to $300MM

Accord Financial entered into amendments to its primary credit facility with its banking syndicate, with the facility limit reduced from $375 million to $300 million. The facility will be reduced further to $260 million by January 2025. read more

Unparalleled Equipment Finance Insights & Data Now Available as Part of Monitor’s Suite Platform

Monitor officially launched its new and improved website and enhanced content offerings for Suite, its premium content subscription platform, featuring an upgraded user experience and an expanded collection of equipment finance industry data and research. read more

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com