CIT Arranges $93.7MM Facility for Tanker Solutions

CIT’s Maritime Finance unit served as sole lead arranger on a $93.7 million senior secured credit facility for Tanker Solutions, a shipping company managed by Prime Marine, an operator of international shipping vessels. read more

ELFF: Equipment Finance Industry Confidence Increases in September

Confidence in the equipment finance market rose in September compared to August numbers, according to the ELFF Monthly Confidence Index. read more

Encina EF Provides $10MM Lease Line to Crane Services Company

Encina Equipment Finance provided a $10 million equipment lease line to a crane services company. read more

White Oak Healthcare Refinances SNFs for Granite Investment

White Oak Healthcare Finance acted as sole lender and administrative agent on the funding of a $33.2 million senior credit facility for Granite Investment Group. read more

Onset Financial Funds $15MM for International Automotive Supplier

Onset Financial financed $15 million in relatively unsecured international equipment for an automotive supplies company that has experienced extraordinary growth over the past few years. read more

BB&T Announces Fintech Investment in Enigma

BB&T announced a $5 million investment in Enigma, which represents its first outlay of a $50 million fintech commitment. read more

White Oak Global Advisors Raises $2.1B for Direct Lending Strategy

White Oak Global Advisors announced the close of the White Oak Yield Spectrum Fund to outside investors. read more

TD Bank Adopts Bottomline Technologies’ Paymode-X

TD Bank is collaborating with Bottomline Technologies, a provider of financial technology to offer Paymode-X with Visa Payables Solutions to its U.S. business banking customers. read more

White Clarke CALMS Platform Wins Best POS & CMS Innovation Awards

White Clarke won the Best Point of Sale and Bank Office Innovations awards for its CALMS platform at the IAFN Conference last week in London. read more

Oxford Finance Provides Credit Facility to Unitek Learning

Oxford Finance closed a senior credit facility for Unitek Learning, a portfolio company of Cressey & Company. Oxford served as the sole lender and administrative agent on the transaction. read more

TCF Provides Financing to Support The Blake School

TCF Middle Market provided tax exempt financing to support The Blake School, a private, non-profit college preparatory day school, in its multiyear campus improvement program. read more

Stearns Breaking Ground to Accommodate Equipment Leasing Growth

Stearns Bank will soon break ground on an 11,000 square-foot addition to its Equipment Finance division in Albany,MN to accommodate growing operations. read more

Encina Provides $12.5MM Equipment Lease to Coal Mining Company

Encina Equipment Finance provided a $12.5 million equipment lease to a coal mining company. read more

United Capital Sources $10MM Equipment Lease Line for Beverage Company

United Capital Partners sourced an approval for a $10 million, multi-tranche master equipment lease line of and $2 million in working capital for a high growth customer in the food and beverage sector. read more

CIT Healthcare Provides $144MM in Facilities to Bristol Hospice

CIT Healthcare Finance served as administrative agent and sole lead arranger on a $115 million first lien credit facility and as sole lead arranger on a $29 million second lien facility for Bristol Hospice. read more

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