According to Deloitte’s Q4/23 CFO Signals survey, CFOs who rated the current North American economy favorably plummeted 10 points since the previous quarter to 47% from 57%. Net optimism for CFOs' own companies' financial prospects also fell. read more
JAN 12, 2024 - 6:39 am
According to Houlihan Lokey’s recently released Q3/23 equipment-as-a-service market update, the rate of announced equipment-as-a-service transactions in the year-to-date period for the report outpaced pre-COVID-19 pandemic levels. read more
JAN 11, 2024 - 6:58 am
Ivory Consulting added six finance businesses as customers for its SuperTRUMP platform and completed more than 20 SuperTRUMP customization engagements in 2023. read more
JAN 11, 2024 - 6:56 am
JetLoan Capital arranged loan funding for 59 aircraft and yachts in 2023, totaling $125 million and pertaining to the following collateral types: light, mid-size and large cabin jets; GA aircraft, turboprops and pistons; helicopters; and yachts and boats. read more
JAN 11, 2024 - 6:52 am
Capteris closed a $20 million lease for production process equipment for a specialty materials and chemical producer. read more
JAN 11, 2024 - 6:50 am
QuickFi by Innovation Finance USA was named a winner in the 2024 BIG Innovation Awards presented by the Business Intelligence Group. QuickFi was honored for its B2B embedded finance platform. read more
JAN 10, 2024 - 6:47 am
Trinity Capital originated $340.7 million of total new commitments in Q4/23, bringing the company’s total new commitments for 2023 to $830.7 million. Additionally, Trinity funded a company record $641.8 million of investments in 2023. read more
JAN 10, 2024 - 6:43 am
Equipment Finance Cares released the dates and locations for its 2024 events, including three separate events hosted by Blue Street Capital, Oakmont Capital Services and Channel, as well as the annual Equipment Finance Cares Charitable Golf Tournament. read more
JAN 10, 2024 - 6:42 am
Clarus Capital completed a $20 million loan facility for a sponsor-backed IT service provider. The funding will support investments in critical data center equipment to expand capacity and refresh existing technology as part of the company’s ongoing strategic upgrade initiative. read more
JAN 9, 2024 - 6:50 am
North Mill Equipment Finance raised $20,000 in charitable contributions during the 2023 holiday season. The proceeds will be distributed to Future 5, a platform that supports under-resourced high school students in Stamford, CT, and Lucky Dog Refuge, a retreat for dogs in dire need of care. read more
JAN 8, 2024 - 6:57 am
eCapital closed a $245 million increase to the syndicated bank line supporting its asset-based lending group. With this latest increase, eCapital’s total bank facility commitments across its three syndicated bank lines now exceeds $1.6 billion. read more
JAN 8, 2024 - 6:52 am
According to Sandhills Global’s latest marketplace reports, used heavy-duty trucks in Sandhills marketplaces continued to face challenges in December, as inventory levels, asking values and auction values all declined month over month. read more
JAN 5, 2024 - 6:40 am
Small and midsize business leaders are sharing a more balanced outlook heading into 2024 while pulling back from previous predictions of a near-term recession, according to JPMorgan Chase’s 2024 Business Leaders Outlook survey. read more
JAN 5, 2024 - 6:38 am
Utica Equipment Finance completed $10.9 million in transactions in December, including a $6.7 million capital lease to two coal mines in West Virginia secured by trucks, dozers, excavators and wheel loaders. read more
JAN 5, 2024 - 6:32 am
NETSOL Technologies, a business services and enterprise application solutions provider, announced that existing customer Haydock Finance, an asset finance specialist based in the UK, signed up for two additional products from NETSOL’s Appex Now marketplace: Dock and Lane. read more
JAN 4, 2024 - 6:44 am