New Ventures

Odessa Launches Auto Finance Platform

Odessa, a software and technology provider for the lending and leasing industry, launched an auto finance originations platform, the first part of Odessa Auto, an end-to-end auto finance suite. read more

BMO Launches Climate Financing Program in U.S.

BMO launched its Greener Future Financing program in the U.S. The program is a climate financing program designed to help small and medium-sized businesses build climate-resilient operations. read more

Redaptive Launches Equipment Financing Solution with Support from ATLAS SP Partners

Redaptive, an energy-as-a-service provider, secured a $225 million warehouse financing facility from investment firm ATLAS SP Partners to finance the expansion of its platform by adding new equipment financing solutions for its customers. read more

Regions Bank Launches Philanthropic Solutions Group within Wealth Management Division

Regions Bank launched a philanthropic solutions group, a team of advisors within its wealth management division who will provide support for clients’ asset management, mission and charitable giving priorities. Marcie Braswell will lead the group. read more

AIP Capital Forms Aircraft Leasing Company

Aviation asset management and investment firm AIP Capital formed Phoenix Aviation Capital, an aircraft lessor focused on financing aircraft across the globe. read more

St. Louis-Based Cass Commercial Bank Launches Equipment Finance Division

St. Louis-based Cass Commercial Bank launched an equipment finance division. Designed to unlock the potential of capital assets across multiple industries, the new division will offer equipment leasing solutions to finance growth, improve capital efficiency and drive businesses forward. read more

ServisFirst Bank Expands Footprint in Tennessee

ServisFirst Bank expanded in Tennessee by adding a new office in Memphis, TN, and hiring eight bankers to lead the region, including Joel E. Smith as market president and Scott Forman and Michael Joyner as senior vice presidents of commercial banking. read more

First Capital Business Finance Launches Specialized Financing Programs for Semi Truck & Equipment Loans

Brokerage firm First Capital Business Finance launched a specialty financing program division for equipment and semi-truck loans as well as new commercial truck financing programs. read more

Mitsubishi Logisnext Launches Financial Services Unit Through Partnership with DLL

Mitsubishi Logisnext Americas, a manufacturer and provider of material handling, automation and fleet solutions, launched Logisnext Financial Services, which will provide customers with a single point of contact for equipment purchasing and financing. The new service is offered through a strategic partnership with DLL. read more

Ares Management Launches Independent Equipment Finance Company by Adding BciCapital Executives and Platform

Ares Management launched Ansley Park Capital, a newly-formed lending and specialty finance company that will deliver financing solutions for essential-use, large-ticket equipment. Ansley Park Capital’s management team and integrated operating platform were added from BciCapital. read more

Fleet Advantage and FleetNet America Partner to Provide Nationwide Maintenance Solutions

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

Dakota Financial Implements Core Elements of Tamarack’s AI Product Suite

Dakota Financial partnered with Tamarack Technology on the implementation of Tamarack’s AI Product Suite – TrailView Customer Service Portal and DataConsole. Dakota is enhancing team productivity, customer service and overall business performance. read more

U.S. Bank Adds New Division to Serve Private Capital Asset Managers

U.S. Bank launched a new division dedicated to serving private capital firms and global asset managers, bringing together all parts of the bank that currently serve more than 200 private capital clients with a range of products and services. The bank named Stephen Jeselson head of the division. read more

Element Fleet Management Establishes New Leasing Hub in Ireland

Element Fleet Management established a centralized leasing function in Dublin and plans to create more than 70 new jobs in the process. The project is being supported by the Irish government through IDA Ireland. read more

Siemens Mobility Forms Leasing Model for Regional Trains

Siemens Mobility founded Smart Train Lease, a leasing model for regional trains that will enable customers to supplement their fleets with rented battery, hydrogen and electric multiple-unit trains. read more

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