First Citizens Bank Provides $1MM Line of Credit to Hemp-Derived Cannabinoids Supplier
First Citizens Bank’s cannabis banking business provided a $1 million working capital line of credit to MC Nutraceuticals, a global...
Seward & Kissel Appoints Neubauer Co-Head of Investment Management Group
Law firm Seward & Kissel named Kevin Neubauer co-head of the firm’s investment management group. Neubauer, who was elevated to...
ACT Research: Strong Class 8 Truck Orders Continue in February
According to preliminary data from ACT Research, North American Class 8 truck net orders reached 27,700 units in February, up...
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,...
Less Than 20% of Equipment Finance Firms are Leveraging Emerging Technologies
According to a new survey of more than 734 secured finance executives from Secured Research and Data Solutions, a Monitor/ABF...
Eastern Funding Adds Clark to Commercial Laundry Financing Sales Team
Eastern Funding, a financial lender to laundromats and other businesses, hired Cameron Clark as a loan officer. Clark has more...
Manufacturing Sector Economic Activity Contracted for 16th-Straight Month in February
Economic activity in the manufacturing sector contracted in February for the 16th consecutive month following one month of “unchanged” status...
Wingspire Capital and Piney Lake Capital Management Provide Unitranche Senior Credit Facility to Constructor Subcontractor
Wingspire Capital and Piney Lake Capital Management provided a unitranche senior credit facility to Acousti Engineering Company, a non-residential constructor...
NFS Leasing Achieved 8% Growth in Originations, 250% Increase in Vendor New Business Volume in 2023
Equipment finance company NFS Leasing achieved 8% year-over-year growth in originations in 2023. The growth was driven, in part, by...
TAB Bank Names New CEO and President Following Bozzelli’s Retirement
TAB Bank’s board of directors appointed Austin Strong CEO and Tyler Heap president following the decision by Rick Bozzelli, the...
