Jefferies Financial Group and SMBC Group expanded their global strategic alliance to enhance collaboration on future corporate and investment banking business opportunities within the Canadian market. read more
APR 5, 2024 - 6:45 am
Capteris closed a $14.25 million refinance with a sponsor-owned manufacturer of health supplements. The finance lease was part of a refinance effort by the company to free up working capital as it established new in-house manufacturing capabilities. read more
APR 4, 2024 - 6:42 am
Monitor selected 14 industry leaders to facilitate Converge’s dynamic and interactive breakout sessions addressing the most top-of-mind industry issues, which will be crowdsourced from attendees of the two-day event. read more
APR 3, 2024 - 6:44 am
According to a new study from Citizens, 72% of small- and mid-size businesses in the U.S. view the private equity industry as a source of current or future partnership and funding, with sponsors anticipating higher deal volumes in 2024. read more
APR 3, 2024 - 6:44 am
PEAC Solutions, a multi-national asset finance platform, hosted its inaugural ‘Tee-Up for Charity’ event on April 2 at TPC Sawgrass in Ponte Vedra Beach, FL, with the event raising more than $200,000 was for Make-A-Wish Philadelphia, Delaware and Susquehanna Valley. read more
APR 3, 2024 - 6:42 am
36th Street Capital recently served as lessor of record and servicer for a $30 million equipment financing of manufacturing equipment for a company dedicated to the manufacturing and production of personal care, first aid and household products. read more
APR 2, 2024 - 6:41 am
Lisa Rafter, publisher and CEO of Monitor, will interview Larry Bowa, former shortstop for the Philadelphia Phillies, at Converge on May 16, addressing Bowa’s career, his decades with the Phillies — including winning the 1980 World Series — and his recent hole-in-one at Spring Training. read more
APR 1, 2024 - 6:51 am
MUFG established a new medium-term business plan for the next three years “to pursue and produce growth” with an aim to increase ROE to approximately 9% by 2026. read more
APR 1, 2024 - 6:48 am
According to a recent report from the U.S. Department of the Treasury, there is a widening gap between large and small financial institutions when it comes to in-house AI systems, with the rise of AI creating additional cybersecurity and fraud challenges. read more
APR 1, 2024 - 6:47 am
Chesswood Group, a specialty finance company with 40 years of experience in the commercial equipment finance market, provided an update on its review of strategic alternatives, noting that it has received a “meaningful level of inbound interest from potential counterparties.” read more
APR 1, 2024 - 6:46 am
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
MAR 27, 2024 - 6:44 am
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
MAR 27, 2024 - 6:42 am
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
MAR 27, 2024 - 6:40 am
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
MAR 26, 2024 - 6:44 am
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
MAR 26, 2024 - 6:42 am