Kroll Bond Rating Agency assigned preliminary ratings to five classes of notes issued by Dext ABS 2023-1, an equipment ABS transaction. Dext 2023-1 represents the third equipment ABS transaction to be sponsored by Dext Capital. read more

MAR 28, 2023 - 7:35 am

According to ACT Research’s recent release of its Freight Forecast, U.S. Rate and Volume Outlook report, the truckload spot market is bottoming as labor capacity slows. read more

MAR 24, 2023 - 7:19 am

The Federal Reserve announced that it will raise the target range for the federal funds rate to between 4.75% and 5% on Wednesday, marking a quarter point increase and its second such move of 2023. read more

MAR 23, 2023 - 7:24 am

Last week, 11 banks, including Bank of America, Citigroup, JPMorgan Chase and Wells Fargo, combined to make $30 billion in uninsured deposits in First Republic Bank to display confidence in the U.S. banking system following the collapse of Silicon Valley Bank. read more

MAR 20, 2023 - 7:22 am

White Oak Global Advisors, together with its financing affiliates, originated $1.4 billion of loan transactions across 60 deals in 2022. read more

MAR 17, 2023 - 7:17 am

According to the Equipment Leasing & Finance Foundation’s March 2023 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI), overall confidence in the equipment finance market is at a mark of 50.3, a decrease from the February index of 51.8. read more

MAR 16, 2023 - 7:20 am

According to the latest Biz2Credit, small business loan approval percentages at big banks slipped again in February, falling from 14.4% in January to 14.2%. This marks the ninth consecutive month in which big bank approval percentages have declined. read more

MAR 15, 2023 - 7:01 am

The New York State Department of Financial Services closed Signature Bank over the weekend and appointed the FDIC as receiver. The FDIC transferred all deposits and assets to a bridge bank that began operations on Monday. read more

MAR 14, 2023 - 7:14 am

According to Solifi’s 2023 Global Leasing Report, there was a promising 9.3% increase in new business volume in the leasing industry in 2021. The report also showed the leasing industry has grown 84% in the past decade. read more

MAR 2, 2023 - 7:25 am

Ritchie Bros. attracted more than 14,500 bidders to compete for more than 6,500 items, generating more than $61 million in gross transaction value at its first Houston site auction of the year. read more

FEB 21, 2023 - 7:05 am

Kroll Bond Rating Agency assigned preliminary ratings to five classes of notes issued by Alliance Funding Group ABS I, (AFG 2023-1), which represents the first equipment ABS transaction to be sponsored by Alliance Funding Group. read more

FEB 21, 2023 - 7:03 am

According to the Equipment Leasing & Finance Foundation's February 2023 Monthly Confidence Index for the Equipment Finance Industry, confidence in the equipment finance market during this month reached a mark of 51.8, an increase from the January index of 48.5. read more

FEB 16, 2023 - 7:22 am

Wintrust Specialty Finance, a division of Beverly Bank & Trust Company, a Wintrust Community Bank, closed the books on a banner year in 2022 headlined by more than $625 million in new originations. read more

FEB 8, 2023 - 6:58 am

Baystone Government Finance, part of KS StateBank and based in Manhattan, KS, reported a company record 2022 year in new business volume and remains optimistic about 2023 due to rising demand for equipment and vehicles from schools and counties across the United States.  read more

FEB 8, 2023 - 6:56 am

The Federal Reserve announced that it will raise the target range for the federal funds rate to between 4.5% and 4.75%, marking a quarter point increase. The move was less drastic than its seven rate increases in 2022, with all but one of those lifting rates by three quarters of a point. read more

FEB 2, 2023 - 7:10 am