Channel closed a new revolving credit facility with CIBC Bank USA, bringing CIBC’s total committed financing to Channel to $135 million. The new facility supports origination of equipment finance leases and loans, complementing an existing CIBC facility dedicated to Channel’s working capital products. The expanded commitment builds on a longstanding relationship between two organizations and supports Channel’s continued equipment financing activities. “CIBC has been an important partner to Channel for many years and has developed a deep understanding of our business, our people, and how...