Northteq, a provider of Salesforce loan origination solutions, unveiled a range of new features and enhancements in its January product release, including expanded product and pricing offerings and vendor and partner portal advancements. read more
JAN 23, 2024 - 6:56 am
Gibraltar Equipment Finance closed a $1.75 million equipment lease to support an electric utility infrastructure services company. The new capital equipment facility will support the company’s recent geographical footprint expansion. read more
JAN 22, 2024 - 6:41 am
Citi and LuminArx Capital announced the launch of Cinergy, a financing vehicle in the private lending market. Launched by LuminArx Capital, Cinergy will offer a range of private credit solutions to companies, including Citi’s global client base. read more
JAN 22, 2024 - 6:37 am
MMP Capital reported that it recorded $44 million in originations in December and $110 million in Q4/23 alone, leading to a company-record of more than $358 million in originations in 2023. read more
JAN 19, 2024 - 7:05 am
Griffin Global Asset Management Holdings added Truist Bank with a $50 million commitment into its unsecured revolving credit facility. This transaction closed on Dec. 29, 2023, and increases the amount available in the facility to $575 million. read more
JAN 19, 2024 - 6:58 am
Information technology asset disposition provider EPC, a subsidiary of CSI Leasing, expanded its footprint in the Southeast U.S. in order to accommodate its growing service offering. read more
JAN 18, 2024 - 6:43 am
Commercial Capital Company, a provider of capital equipment financing to businesses and equipment vendors, exceeded its 2023 goal of $165 million in annual equipment costs financed. read more
JAN 18, 2024 - 6:40 am
Leasepath, a technology provider for the equipment finance industry, announced that six of its employees earned their Certified Lease & Financial Professional certification in 2023, including Bilal Alam and Adnan Arif, who became the first-ever certified CLFPs in Pakistan. read more
JAN 18, 2024 - 6:38 am
The Equipment Leasing and Finance Association revealed its Top 10 Equipment Acquisition Trends for 2024, including projections of 1.7% growth in real U.S. GDP and 2.2% growth in real equipment finance software investment. read more
JAN 17, 2024 - 6:42 am
Mitsubishi HC Capital Canada, a subsidiary of Mitsubishi HC Capital America, signed a fair market value (FMV) lease program for a global original equipment manufacturer in the material handling industry. read more
JAN 17, 2024 - 6:41 am
Verdant Commercial Capital completed the funding of the last of a portfolio of solar projects that were launched by EDPR NA Distributed Generation (EDPR NA DG) in a series of sale-leaseback transactions for distributed generation solar projects in the U.S. read more
JAN 17, 2024 - 6:38 am
Alfa introduced Total Capability, the second of six releases that will culminate in the full launch of Alfa Systems 6, an iteration of the Alfa Systems software platform later this year. Total Capacity introduced Total Originations for the U.S. auto finance market. read more
JAN 17, 2024 - 6:34 am
Clarus Capital completed a new $5 million loan facility for a sponsor-backed health diagnostics provider. The funding proceeds replenished liquidity the client utilized to acquire new lab testing equipment. read more
JAN 17, 2024 - 6:33 am
Rail technology company ZTR signed an agreement with railcar leasing company GATX to install ZTR's advanced and newly available railcar remote monitoring solution, PIVOT, on railcars in GATX's North American railcar fleet that will be equipped with telematics solutions. read more
JAN 16, 2024 - 7:15 am
The Equipment Leasing and Finance Association released the agenda for the 2024 Equipment Management Conference & Exhibition, which will be held March 10-12 in New Orleans, including sessions evaluating current market conditions, networking opportunities and more. read more
JAN 12, 2024 - 6:47 am