Clarus Capital Increases Loan Facility to $35M for Aviation Services Provider
Clarus Capital completed an upsizing of its existing loan facility for a family office backed private aviation platform. The facility,...
First American Equipment Finance Named Best Company to Work For in New York
Best Companies Group honored First American Equipment Finance as one of the 2024 Best Companies to Work for in New...
U.S. Senate Considering Legislation to Extend $7.5MM Debt Sublimit for Subchapter V
The U.S. Senate is considering an extension of the current Subchapter V debt sublimit within Chapter 11 bankruptcy filings following...
First Citizens Bank Provides $50MM to Refinance Medical Office Building
First Citizens Bank’s healthcare finance business served as sole lender on $50 million in financing for an affiliate of Tristar...
ACT Research: March’s Preliminary Net Trailer Order Data Indicates Year of Transition Underway
According to preliminary data from ACT Research, net trailer orders decreased nominally from February to March. At 13,600 units, orders...
Maxim Commercial Capital Provided Financing in 31 States in Q1/24
Maxim Commercial Capital, a provider of loans and leases from $10,000 to $3 million collateralized by Class 6 and 8...
Equipment Finance Industry Confidence Eases in April
The Equipment Leasing & Finance Foundation’s April 2024 Monthly Confidence Index for the Equipment Finance Industry reported that overall confidence...
ELFF’s Economic Outlook Update Forecasts 2.2% Expansion in Equipment and Software Investment, 2.3% GDP Growth
Driven by strong consumer spending and a resilient labor market, the U.S. economy continues to expand at a healthy clip,...
CFO Optimism Climbs to Highest Level in Nearly 3 Years
According to Grant Thornton’s Q1 2024 CFO survey, more than one-third (34%) of CFOs are “very optimistic” about the U.S....
Finova Capital Closes $30MM Senior Credit Facility
Finova Capital closed on a senior credit facility with a specialty lender. The company will use the $30 million facility...
