U.S. corporate finance leaders have increased focus on cutting costs to prepare their firms for potential economic and geopolitical uncertainty, according to the fourth annual U.S. Bank CFO Insights Report. read more

APR 26, 2024 - 6:37 am

Tamarack Technology reached a significant milestone with its Tamarack AI Product Suite. As of April 2024, the company's equipment finance customers are using its software-as-a-service products to manage more than 50,000 contracts with combined contract balance receivables of more than $5 billion. read more

APR 26, 2024 - 6:37 am

According to Mitsubishi HC Capital America, the top factors when considering adopting robotics-as-a-service include cost management, technical expertise, access to the latest technology, the ability to monetize RaaS contracts, flexibility, and bundling updates and support. read more

APR 26, 2024 - 6:37 am

Wingspire Equipment Finance provided a $25 million equipment leasing commitment to a global automotive supplier to support its growth and capital expenditure initiatives. read more

APR 25, 2024 - 6:57 am

Boston Financial & Equity recently closed a lease for $600,000 for a healthcare technology service company that provides a service that monitors patients that have been released from a point of care. read more

APR 25, 2024 - 6:53 am

Arundel Capital, a privately-held industrial equipment lease financing company headquartered in Calgary, AB, reached an agreement to buy out its minority partner, Jean Perreault. read more

APR 24, 2024 - 6:42 am

Equipment and services company CNH signed an agreement for a €3.25 billion ($3.47 billion) committed revolving credit facility. According to an 8K filed with the SEC, the facility is unsecured and was entered into with a group of 18 banks, including Citibank as facility agent. read more

APR 24, 2024 - 6:42 am

Wintrust Commercial Finance (WCF), a division of Wintrust Asset Finance, is celebrating nine years of business this month. Since its inception in 2015 with four founding employees, WCF has grown to a staff of more than 55 and originated more than $4.7 billion in new business volume for its customers. read more

APR 24, 2024 - 6:40 am

Mitsubishi HC Capital Canada is launching a new division and introducing additional financing solutions customized for Canada’s growing technology sector. The company hired Jim Moschos as the director of the new technology finance division. Moschos and his team will provide financing options that help end-users acquire hardware, software and services. read more

APR 23, 2024 - 6:50 am

Steve Grosso, CEO and vice chairman of Auxilior Capital Partners, was named a finalist for Ernst & Young’s 2024 Entrepreneur Of The Year Award for Greater Philadelphia. read more

APR 22, 2024 - 6:47 am

The Certified Lease & Finance Professional (CLFP) Foundation added 14 individuals who recently passed the the online-proctored CLFP exam. read more

APR 22, 2024 - 6:47 am

Clarus Capital completed an upsizing of its existing loan facility for a family office backed private aviation platform. The facility, now totaling $35 million, will continue to support the company’s ongoing fleet management. read more

APR 22, 2024 - 6:46 am

Best Companies Group honored First American Equipment Finance as one of the 2024 Best Companies to Work for in New York. This is First American’s 13th consecutive year being named to the list, this year coming in first place in the large company category (more than 250 full-time employees). read more

APR 22, 2024 - 6:45 am

The U.S. Senate is considering an extension of the current Subchapter V debt sublimit within Chapter 11 bankruptcy filings following the introduction of legislation that would push out the expiration date for the $7.5 million threshold to 2026. read more

APR 19, 2024 - 6:31 am

First Citizens Bank’s healthcare finance business served as sole lender on $50 million in financing for an affiliate of Tristar Realty Group for the refinancing of Ventana Medical Center, a 122,000-square-foot Class A medical office facility in Tarzana, CA. read more

APR 19, 2024 - 6:28 am