Supply & Demand Chain Executive named Fleet Advantage, a provider of truck fleet business analytics, equipment financing and life cycle cost management, one of the recipients of its 2021 Green Supply Chain Awards. read more
DEC 22, 2021 - 6:17 am
Ritchie Bros. generated more than $45 million in gross transaction value at its recent Northeast regional event and more than $42 million at its recent Great Lakes regional event. read more
DEC 22, 2021 - 6:14 am
The Equipment Leasing & Finance Foundation released its Q1/22 Equipment Leasing & Finance Industry Snapshot. According to the snapshot, the U.S. economy will grow by 3.5% in 2022 and equipment investment will grow at a 4.6% pace. read more
DEC 21, 2021 - 6:35 am
Ryder executed a five-year, $1.4 billion global revolving credit facility, which includes 11 global institutions and will expire on Dec. 14, 2026. BofA Securities and MUFG Bank acted as joint bookrunners and joint lead arrangers for the facility. read more
DEC 21, 2021 - 6:29 am
Ritchie Bros.' December market trends report continued to show positive pricing trends across all its equipment indexes, with truck tractor prices up 55%, while medium earthmoving equipment and vocational truck prices were up 43% and 41%, respectively, for the three months ending Nov. 30. read more
DEC 21, 2021 - 6:26 am
Stronghold Digital Mining, a bitcoin mining company, entered into an equipment financing agreement with NYDIG ABL for up to approximately $54 million. read more
DEC 21, 2021 - 6:22 am
The Orange County Register named Regents Capital a 2021 Top Workplace and ranked it No. 19 in the small business category. read more
DEC 17, 2021 - 5:58 am
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
DEC 17, 2021 - 5:57 am
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
DEC 17, 2021 - 5:53 am
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
DEC 16, 2021 - 7:01 am
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
DEC 16, 2021 - 6:51 am
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
DEC 16, 2021 - 6:48 am
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
DEC 15, 2021 - 6:39 am
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
DEC 15, 2021 - 6:33 am
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
DEC 14, 2021 - 6:33 am