Industry

Wells Fargo Releases 2019 Stress Test Results Under Dodd-Frank Act

Wells Fargo & Company released the results of its latest company-run stress test conducted in accordance with the Dodd-Frank Wall Street Reform and Consumer Protection Act. read more

TAB Bank Provides $2.5MM Revolver to Fitness Company

TAB Bank provided a $2.5 million asset-based revolving credit facility to a fitness company based in California. read more

instaCOVER Launches Protection Program for Leased Commercial Vehicles

instaCOVER released a new vehicle protection program providing specialized insurance for leased and financed commercial vehicles and trailers. The new program will allow lease brokers and funders to acquire coverage. read more

Crestmark Provides $14.4MM+ in Financing to 62 Businesses

Crestmark provide more than $14.4 million in commercial financing to 62 businesses in the first half of June 2019. read more

Arista Capital Parent Company to Enter Mortgage Industry

Arista Financial, a financial services holding company that through its wholly owned subsidiary, Arista Capital, provides unique financing options to small truck lenders, will be entering the mortgage industry. read more

MonitorDaily Launches New Website

As part of its year-long refresh and rebranding, Monitor is proud to announce the launch of its new monitordaily.com website! read more

Equipment Leasing and Finance Industry Confidence Eases in June

The ELFF released the June 2019 Monthly Confidence Index for the Equipment Finance Industry. Overall, confidence in the equipment finance market was 52.8, easing from the May index of 59.2. read more

Nexseer Provides $36.2MM Financing for Food Manufacturer

Nexseer Capital completed a $36.2 million equipment and project financing for a $3 billion revenue food products manufacturer. read more

Duke Energy CA Solar Project Now Online with Support from M&T, Others

Duke Energy Renewables’ 150-megawatt North Rosamond solar project has begun commercial operation. M&T Bank's Commercial Equipment Finance Group, among others, previously provided tax equity financing for the project. read more

Berkshire Adopts Finastra Real-Time Payment Platform

Berkshire Bank of Massachusetts upgraded its payments technology to Finastra’s Fusion Global PAYplus. This makes it one of the first regional banks in the Northeast to offer real-time payments capabilities. read more

State of Logistics Report Highlights Tight Supply Chain Capacity

Penske Logistics and the Council of Supply Chain Management Professionals presented the thirtieth annual State of Logistics Report at the National Press Club in Washington, D.C. read more

Stonebriar Provides $40MM Sale-Leaseback to Security Firm

Stonebriar Commercial Finance closed a $40 million sale-leaseback transaction with a large private equity-owned security services company. read more

AerCap Board Approves $200MM Share Repurchase Program

AerCap Holdings’ Board of Directors approved a share repurchase program authorizing total repurchases of up to $200 million of AerCap ordinary shares through December 31, 2019. read more

Wintrust Specialty Finance Team Now Entirely Employed by CLFPs

Wintrust Specialty Finance’s team now consists 100% of CLFPs after Chelsea Wood, CLFP, WSF funding manager, and Jodie Masciola, CLFP, WSF credit officer, both successfully passed their CLFP exams last month. read more

TD Equipment Finance Provides $12MM Loan to NJ School District

According to the Paterson Times, TD Equipment Finance provided the Paterson, NJ school district with a $12 million loan using textbooks as collateral. read more

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Terry Mulreany
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