Commercial equipment and aviation finance provider First National Capital provided a $35 million debt refinance facility to an upstream oil and gas, machining and forging company. read more
JAN 25, 2024 - 6:50 am
Vertical flight solutions provider Bristow Group entered into a new 12-year secured equipment financing for an aggregate amount up to £55 million ($70 million) with a syndicate of banks led by National Westminster Bank. read more
JAN 25, 2024 - 6:49 am
According to the Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index (MLFI-25), overall new business volume for December was $12.5 billion, up 2% year over year, while cumulative new business volume for 2023 was up 3.9% compared to 2022. read more
JAN 24, 2024 - 6:50 am
FTI Consulting’s 2024 Leveraged Loan Market Survey found that cautious optimism prevails among lenders after a challenging year, with 45% of respondents believing that the probability of a U.S. recession is minor compared to last year when only 29% had such a view. read more
JAN 24, 2024 - 6:47 am
In 2023, student devices and security equipment topped the school equipment categories TEQlease Education Finance leased and financed for K-12 and other U.S. schools. read more
JAN 24, 2024 - 6:45 am
LTi Technology Solutions, a charter member in the equipment finance industry, is celebrating its 35-year anniversary in 2024. Co-founded in 1989 by Randy Haug and Russ Hallberg, LTi is a privately owned business that prides itself on being deeply rooted in the industry. read more
JAN 24, 2024 - 6:43 am
Equipment Finance Care will hold its next event on Feb. 20 from 1:30 p.m. to 7 p.m. PT at Blue Street Capital’s headquarters in Huntington Beach, CA. read more
JAN 24, 2024 - 6:41 am
Chesswood Group, a publicly traded North American specialty finance company providing commercial equipment leases and loans, has initiated a review of strategic alternatives to maximize shareholder value. read more
JAN 24, 2024 - 6:40 am
Meridian OneCap Credit, a provider of commercial equipment finance and leasing solutions for equipment dealers and end users in Canada, selected Syndifi’s platform to streamline its syndication process. read more
JAN 23, 2024 - 7:02 am
Maxim Commercial Capital reported an 86% increase in funded deals during 2023 compared to 2022. The company also promoted Michael Kianmahd to CEO, effective Jan. 1. read more
JAN 23, 2024 - 7:01 am
Northteq, a provider of Salesforce loan origination solutions, unveiled a range of new features and enhancements in its January product release, including expanded product and pricing offerings and vendor and partner portal advancements. read more
JAN 23, 2024 - 6:56 am
Gibraltar Equipment Finance closed a $1.75 million equipment lease to support an electric utility infrastructure services company. The new capital equipment facility will support the company’s recent geographical footprint expansion. read more
JAN 22, 2024 - 6:41 am
Citi and LuminArx Capital announced the launch of Cinergy, a financing vehicle in the private lending market. Launched by LuminArx Capital, Cinergy will offer a range of private credit solutions to companies, including Citi’s global client base. read more
JAN 22, 2024 - 6:37 am
MMP Capital reported that it recorded $44 million in originations in December and $110 million in Q4/23 alone, leading to a company-record of more than $358 million in originations in 2023. read more
JAN 19, 2024 - 7:05 am
Griffin Global Asset Management Holdings added Truist Bank with a $50 million commitment into its unsecured revolving credit facility. This transaction closed on Dec. 29, 2023, and increases the amount available in the facility to $575 million. read more
JAN 19, 2024 - 6:58 am