First Citizens Bank’s middle market banking business provided $33.5 million in financing to Adams Beverages, a distributor of beer, wine and non-alcoholic beverages to bars, restaurants, grocery stores, package stores and other retail outlets throughout Alabama and North Carolina. read more

MAR 12, 2024 - 6:47 am

Webster Bank provided a five-year loan to KIRCO in connection with the refinancing of the Henry Ford Macomb Medical Pavilion, which is a 100% leased, class-A medical office building located in Macomb County, MI.     read more

MAR 12, 2024 - 6:45 am

Utica Equipment Finance completed a $3.25 million capital lease for a Texas-based company specializing in oil and gas equipment rentals. read more

MAR 12, 2024 - 6:40 am

On March 14, Monitor will elevate Suite, our premium subscription content platform, with an all-new dedicated web experience that will include an expansive library of data, research and analysis on capex projections, equipment investment needs, portfolio trends and more. read more

MAR 11, 2024 - 6:37 am

Wingspire Equipment Finance facilitated a $60 million equipment financing agreement with a global organic food manufacturer. The financing package orchestrated by Wingspire will empower the organic food manufacturer to execute an upgrade of its furniture, fixtures and equipment alongside a modernization of its manufacturing machines. read more

MAR 7, 2024 - 7:05 am

Last month, Sandhills Global noted an influx of factory-new equipment, trucks and trailers in the market, while late-model assets were increasingly accumulating on dealers’ lots. In its newest market reports, which now include a report dedicated to the U.S. used planter market, Sandhills observed a continuation of this trend.  read more

MAR 7, 2024 - 7:04 am

SLR Equipment Finance closed a new $350 million credit facility with Bank of America and Truist Bank to support the growth of its business over the next several years. read more

MAR 6, 2024 - 6:35 am

Trinity Capital committed $50 million in equipment financing to Electric Hydrogen, a manufacturer of electrolyzer systems that produce green hydrogen. read more

MAR 6, 2024 - 6:34 am

Saulsbury Hill Financial, a financial services provider specializing in municipal leasing, electrical vehicle fleet finance and solar-plus-energy-storage financing solutions, selected SuperTRUMP by Ivory Consulting to access structuring techniques for solar-tax-equity structures, including investment tax credits. read more

MAR 6, 2024 - 6:33 am

First Foundation Bank shut down its equipment finance department late last week, according to sources familiar with the matter. According to data provided for the 2023 Monitor 100, the department was made up of 15 employees. read more

MAR 5, 2024 - 6:28 am

Honour Capital is partnering with Consult Disrupt, a consulting organization formed to support equipment finance organizations with their day-to-day operations and technology-related projects, to assist the company in its journey toward operational and technology transformation. read more

MAR 5, 2024 - 6:28 am

According to Solifi's 2024 Global Leasing Report, global growth in the leasing industry is forecast to decrease to 2.9% in 2024, which is below the historical average of 3.8%. read more

MAR 4, 2024 - 7:03 am

According to a new survey of more than 734 secured finance executives from Secured Research and Data Solutions, a Monitor/ABF Journal joint venture, less than 20% of equipment finance leaders and less than 25% of asset-based lending leaders see their firms leveraging emerging technologies. read more

MAR 4, 2024 - 7:02 am

Fleet Advantage is collaborating with FleetNet America to facilitate fleet maintenance service offerings to organizations with transportation fleets that seek the benefits of an unbundled lease structure with access to a maintenance provider with a national network. read more

MAR 4, 2024 - 6:48 am

GreatAmerica Financial Services began accepting applications from nonprofits for its employee advised fund on March 1. The deadline to complete an application is March 29 at 4:30 p.m. CST. Another funding cycle will be available in the latter half of the year. read more

MAR 4, 2024 - 6:46 am