Phoenix Management’s “Lending Climate in America” survey results reveals the impact inflation is having on global economic conditions and consumer spending. read more

OCT 31, 2022 - 7:01 am

Merchants Financial Group achieved net income of $22,114,264 through the first three quarters of 2022, according to Gregory M. Evans, president and CEO of the company.  read more

OCT 28, 2022 - 7:21 am

LeasePoint Funding Group generated more than $35 million in originations during Q3/22, marking a 300% increase compared to the same period last year. Four new team members helped facilitate the Q3 increase. read more

OCT 26, 2022 - 7:14 am

MMP Capital exceeded $75 million in funding for customers in both Q2/22 and Q3/22 alone has funded more than $200 million in 20222 overall.  read more

OCT 25, 2022 - 7:19 am

Encina Equipment Finance provided a $15 million lease line to a North American supply chain services company to finance new tractors and trailers. read more

OCT 24, 2022 - 7:21 am

Small business loan approval percentages at small banks (less than $10 million in assets), institutional lenders, alternative lenders and credit unions increased in September compared with August, while approvals at big banks (more than $10 million in assets) declined, according to Biz2Credit. read more

OCT 12, 2022 - 7:08 am

Regents Capital entered a three-year, $100 million revolving credit facility with Bank OZK, a regional bank based in Little Rock, AR.  read more

OCT 10, 2022 - 7:29 am

According to a new study released by the Equipment Leasing & Finance Foundation, the size of the equipment finance industry rose to an all-time high of $1.16 trillion in 2021. read more

OCT 10, 2022 - 7:25 am

Verdant Commercial Capital celebrated its fifth anniversary recently. Verdant is also positioned to reach nearly $600 million in annual originations by the end of 2022. read more

OCT 7, 2022 - 7:21 am

According to ACT Research’s State of the Industry: Classes 5-8 Vehicles report set to be released in mid-October, preliminary NA Class 8 net orders in September were 53,700 units, while NA Classes 5-7 net orders were 26,600 units. read more

OCT 5, 2022 - 7:12 am

According to a Morning Consult survey sponsored by Balboa Capital, a division of Ameris Bank, most of business decision-makers of U.S. small to midsize companies expect their sales to stay the same or grow in the fourth quarter of this year. read more

OCT 4, 2022 - 7:39 am

Kroll Bond Rating Agency assigned preliminary ratings to four classes of notes issued by North Mill Equipment Finance funding 2022-B, (NMEF 2022-B) in an equipment ABS transaction. read more

OCT 4, 2022 - 7:32 am

Onset Financial provided $150 million in fundings, marking its best third quarter thus far. read more

OCT 4, 2022 - 7:30 am

According to the latest Manufacturing Institute for Supply Management (ISM) Report On Business, economic activity in the manufacturing sector grew in September, with the overall economy achieving a 28th consecutive month of growth. read more

OCT 4, 2022 - 7:28 am

In September, ACT Research reported essentially unchanged forecasts from last month, as demand remains healthy, production remains constrained and freight rates and volumes managed to squeak out small improvements compared to August. read more

SEP 30, 2022 - 6:43 am