Industry

NYDIG ABL Provides $54MM in Equipment Financing to Stronghold Digital Mining

Stronghold Digital Mining, a bitcoin mining company, entered into an equipment financing agreement with NYDIG ABL for up to approximately $54 million. read more

Orange County Register Names Regents Capital a Top Workplace

The Orange County Register named Regents Capital a 2021 Top Workplace and ranked it No. 19 in the small business category. read more

Boston Magazine Names Cohn of Cohn & Dussi to First-Ever Top Lawyers List

Boston Magazine named Lewis J. Cohn, managing partner of law firm Cohn & Dussi, a top lawyer in the greater Boston region in the field of bankruptcy law. read more

CIT Arranges $34MM in Financing for Senior Housing Community in Arizona

CIT’s healthcare finance business served as sole lead arranger of $34 million to refinance the Enclaves at Chandler, a senior housing community in Chandler, AZ. read more

ELFF: Equipment Finance Industry Confidence Eases in December

According to the Equipment Leasing & Finance Foundation’s December 2021 Monthly Confidence Index for the Equipment Finance Industry, overall confidence in the equipment finance market is 63.9, a decrease from the November index of 64.6. read more

CIT Provides $6.3MM in Financing to Diamond Communications

CIT’s middle market banking business provided $6.3 million to refinance corporate office properties for Diamond Communications. CIT’s refinancing involves term loans for corporate office properties in Springfield, NJ, and Delray Beach, FL. read more

LTi Technology Solutions Donates More Than $5K to Charity Foster Love

LTi Technology Solutions, a provider of a lease and loan cloud platform to equipment and asset-based finance companies, donated more than $5,000 to foster charity Foster Love. read more

Former NewStar Financial Execs Launch New Commercial Finance Company

Clarus Capital launched as a new commercial finance company focused on delivering capital solutions to finance tangible assets for leveraged middle-market companies. The new company was founded by former executives of NewStar Financial. read more

ELFF Forecasts 4.6% Growth in Equipment and Software Investment in 2022

Low financial stress, an expanding housing sector and increased federal spending on infrastructure are expected to propel equipment and software investment growth by 4.6% in 2022, according to the Equipment Leasing & Finance Foundation’s 2022 outlook. read more

Monitor and TomorrowZone Announce Strategic Partnership

Monitor and TomorrowZone, a consulting firm inspiring both futuristic thinking and action to innovate in financial services and beyond, announced a partnership co-created with the intention of helping the equipment finance industry reach a new level of boldness to experiment and think differently. read more

ELFA Releases Compensation Report for Small/Medium Equipment Finance Businesses

According to the Equipment Leasing and Finance Association’s 2021 Small and Medium Enterprise Compensation Survey, the five highest paid positions are CEO/president, head of sales, CFO, senior sales representative and manager of asset management remarketing. read more

CLFP Foundation Adds 17 New CLFPs

The Certified Lease & Finance Professional Foundation reported that 17 individuals recently passed the eight-hour online CLFP exam. There are currently 1,084 active CLFPs and associates in the United States (including Puerto Rico), Canada, India, Africa and Australia. read more

Crestmark Equipment Finance Provides More Than $24MM in November

Crestmark Equipment Finance provided $24,804,003 in 29 new transactions and Crestmark Vendor Finance provided $9,938,833 in 76 new transactions in November. read more

Loeb Provides More Than $19MM in Recent Financing Support

Loeb recently supported four clients and a strategic partner by leveraging working capital from machinery with covenant-free equipment financing. The transactions included participation in $12 million in financing for a turnkey purchase to a water management company. read more

Fanz of DLL to Lead Master Talk on Leadership Presence for STRIPES Leadership Program

Equipment finance industry leader Jennifer Fanz, country sales manager for healthcare at DLL, will lead a Master Talk titled Leadership Presence – The Human Skill Combining Confidence and Gravitas for STRIPES Leadership Program, the professional and personal leadership development program created in partnership with Monitor and designed to challenge and inspire best-in-class leaders within the equipment finance industry. read more

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com