Financial Service Leaders Believe Sector is ‘Digitally Fit’ But Anxious About AI

While most financial service leaders are confident about the digital fitness of their businesses, 26% have “tech anxiety” about AI and machine learning, according to Kin + Carta. read more

Manufacturers Bank to Rebrand as SMBC MANUBANK

Manufacturers Bank will change its name to SMBC MANUBANK as it expands into new markets and industries, highlighting its decades-long affiliation with Sumitomo Mitsui Banking. read more

Banking is Becoming Byte-Sized with Rise of Embedded Finance

Banks must harness disruptive technologies and create their own or actively participate in digital ecosystems to remain at the heart of the banking universe, according to a global Economist Impact study. read more

TIME World’s Best Companies 2023 List Names United Rentals as Top-Performer Across Globe

United Rentals, an equipment rental company, was selected to the TIME World's Best Companies 2023 list. The award recognizes United Rentals as among the top-performing companies across the globe. read more

Penske Truck Leasing Opens New Facility in Channahon, IL

Penske Truck Leasing opened a new in Channahon, IL offering commercial and consumer truck rentals, full-service truck leasing and contract truck maintenance.  read more

Maritime Partners Closes $600MM Amended Warehouse Financing

Maritime Partners closed a $600 million warehouse facility between several subsidiaries of one of its managed funds and a syndicate of lenders led by ATLAS Securitized Products Holdings. read more

Moritt Hock & Hamroff Attorneys Named to New York Metro Super Lawyers and Rising Stars Lists

Dozens of Moritt Hock & Hamroff lawyers were named New York Metro Super Lawyers and New York Metro Rising Stars. read more

PerCina Report Launches Equipment Value Forecaster

PerCina Report released its Equipment Value Forecaster, a solution for the leasing and lending industries, as well as other parties interested in the future value of equipment. read more

ELFA’s Monthly Leasing and Finance Index Shows 14% Y/Y Increase in August New Business Volume

The Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index showed overall new business volume for August was $10.1 billion, up 14% year over year from new business volume in August 2022. read more

Crain’s Recognizes Liventus as a Top Workplace in Chicago

Liventus ranked No. 35 in Crain’s Chicago Business’s “Best Places to Work 2023” list. read more

Transervice Logistics Named Corporate Citizen of the Year by Long Island Business News

Transervice Logistics was recognized for its corporate social responsibility as one of Long Island Business News’ 2023 Corporate Citizenship Honorees. read more

Equipment Finance Cares Holds Fourth 2023 Event in Chicago

Equipment Finance Cares held its fourth event of 2023 this last week in Chicago. More than 50 equipment finance professionals attended, representing 33 different organizations. read more

LeasePoint Ranks on Inc.5000 List for Nation’s Fastest Growing Businesses

LeasePoint Funding Group, a fintech company specializing in equipment financing, received recognitions on prestigious business growth lists. The company has successfully ranked #180 on the Inc.5000 list of the fastest-growing businesses in the nation. read more

AmeraMex International Wins $1.5MM Equipment Lease Agreement

AmeraMex International, a provider of heavy equipment for logistics companies, infrastructure construction and forestry conservation, was awarded a five-year, $1.5 million equipment lease agreement. read more

EquipmentShare to Offer $300MM in Additional Senior Secured Second Lien Notes

EquipmentShare, an equipment rental and equipment asset management company, intends to offer, in a private offering, subject to market and other conditions, an additional $300 million aggregate principal amount of its senior secured second lien notes due in 2028. read more

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