News

SLR Equipment Finance Adds Kicklighter to Risk Management Team

Jon Kicklighter joined SLR Equipment Finance as senior vice president of risk with a vendor focus. Kicklighter was most recently credit and risk manager in North America at Volvo Financial Services, where he primarily focused on supporting large-ticket retail and wholesale transactions as well as portfolio management functions. read more

CHG-MERIDIAN Reports 9.9% Increase in Lease Originations for 2023

CHG-MERIDIAN set new company records for lease originations and for profit from ordinary activities in 2023, with lease originations climbing to $2.71 billion in 2023, a year-over-year rise of 9.9% (from $2.39 billion in 2022). Profit from ordinary activities reached $181.6 million, an increase of 20.8% from the previous year ($145.7 million in 2022). read more

Geminus Acquisition & Management Launches Geminus Servicing

Geminus Acquisition & Management launched its newest business platform, Geminus Servicing, a portfolio management company providing multiple solutions, including standby servicing, active servicing and run down of portfolios, portfolio reporting, related tax filings and audit/compliance. read more

Willis Lease Finance Closes on Third JOLCO Deal

Willis Lease Finance closed its third engine-backed Japanese operating lease with call option (JOLCO), a $21 million financing with a 5% interest loan maturing in March of 2033 on a CFM LEAP-1B28 engine. read more

SLIM Capital Originates Nearly $200MM in Q1/24

SLIM Capital experienced a surge in origination volume and a company record-breaking influx of deal submissions in Q1/24, originating nearly $200 million of transactions during the quarter.  read more

Civista Bancshares Names Former Huntington Exec to CFO Role

Ian Whinnem will join Civista Bancshares, the parent company of Civista Bank, as senior vice president and CFO on June 3. Whinnem spent the past seven years as senior vice president and director of profitability management and capital utilization for Huntington Bancshares. read more

Horizon Bank Hires Doom as Small-Ticket Credit Manager

Horizon Bank hired Tami Doom as small-ticket credit manager. Doom’s responsibilities will include reviewing credit analyses to ensure compliance with policy guidelines, assessing business credit reports and serving as a key facilitator for Horizon Equipment Finance Services' credit committee. read more

TBK Bank Appoints Paterson EVP and Chief Operating Officer for Banking Operations

Triumph Financial appointed Jamie Paterson executive vice president and chief operating officer of banking operations of its TBK Bank subsidiary. Paterson joined TBK Bank with more than 20 years of financial services operations leadership experience. Prior to coming to TBK Bank, Paterson served for 16 years with Barclays. read more

Honour Capital Launches Agriculture Finance Company

Honour Capital co-founders Brian Slipka and Shea Huston launched a new company focused on agriculture finance: Honour Ag. The new company will be led by Hollie Bunn as CEO.  read more

Monitor Adds ‘Tech Talks’ to Converge 2024 Agenda

Monitor has invited nine technology and innovation companies to host “Tech Talks” through both daytime events at Converge 2024 on May 15 and May 16. This mix of emerging and established technology companies will present meaningful discussions covering a range of topics. read more

IronTrax Shares Trucking Industry Outlook, Sector Insights and Trends

IronTrax released a report that focuses on several topics pertaining to the trucking industry as a whole, including trends to watch in 2024, industry opposition to the new rule on electronic trucks, a summary of trends in used equipment values and more. read more

UMB to Acquire Heartland Financial in $2B All-Stock Transaction

UMB Financial and Heartland Financial entered into a definitive merger agreement under which UMB will acquire Heartland Financial in an all-stock transaction valued at approximately $2 billion. read more

Sumitomo Mitsui Finance and Leasing Explores Partnership with Sustainable Tech Company

Sustainable technology company Gogoro is establishing a partnership with Sumitomo Mitsui Finance and Leasing to accelerate its global business expansion while providing Sumitomo the opportunity to expand its mobility business and second life battery use cases. read more

Air Lease Upsizes Unsecured Revolving Credit Facility to $7.8B

Aircraft leasing company Air Lease amended and extended its senior unsecured revolving credit facility, upsizing the total revolving commitments to $7.8 billion. JPMorgan Chase is the administrative agent for the facility. read more

Scotiabank Appoints Machen to Lead Global Banking and Markets Business

Scotiabank appointed Travis Machen CEO and group head of its global banking and markets (GBM) business, effective May 6. Machen was most recently managing director and head of banks and diversified and financial infrastructure at Morgan Stanley. read more

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com