Industry

Sertant Capital Completes $3MM in Financing for Scaffold Rental Company

Sertant Capital completed $3 million in financing in early July for a privately-owned and regional scaffold rental company. read more

LTi’s ASPIRE Platform Helps Propel Reimagine the Customer Experience

LTi Technology Solutions, a provider of lease and loan cloud platforms to equipment and asset-based finance companies, helped Propel, an independent finance house in the UK, establish two financial partnerships and receive an industry honor for innovation. read more

CLFP Foundation Partners with TomorrowZone to Shape Future CLFP Candidate Experience

Last month, the Certified Lease & Finance Professional Foundation partnered with TomorrowZone on a session to shape the future CLFP candidate experience. The session yielded several ideas for the foundation to implement, including the reimagining of the Academy for Lease & Finance Professionals. read more

Air Lease Delivers 12 Aircraft, Makes $1B in Aircraft Investments in Q2/21

Air Lease delivered 12 new aircraft from its order book in Q2/21. In addition, Air Lease’s aircraft investments in the quarter totaled approximately $1 billion, with the majority occurring in the second half of the quarter. read more

Texas Capital Provides Financing to Support McGinty Road’s Equipment Leasing Capabilities

Texas Capital Bank provided a new senior lending facility to McGinty Road Partners to support the further expansion of the firm’s equipment leasing capabilities. The size of the facility was not disclosed. read more

Selling Power Ranks First American Equipment Finance Among the Best Companies to Sell For

Selling Power ranked First American Equipment Finance No. 25 on its 50 Best Companies to Sell For list. This is the 21st consecutive year Selling Power has published the ranking and the fifth consecutive year First American Equipment Finance has made the list. read more

Apollo Completes $1B in Aircraft-Related Originations in Q2/21

Apollo Global Management completed approximately $1 billion in aircraft-related origination volume during Q2/21, making it the company’s most active quarter on record since it began investing in aircraft assets nearly a decade ago. read more

Financial Partners Group Sets Company Record for Origination Volume in June

Financial Partners Group reported a company record in monthly funding volume in June, as it obtained $34.1 million in originations during the month. read more

Encina Equipment Finance Provides $10MM Equipment Loan to Equipment Rental Company

Encina Equipment Finance provided a $10 million equipment loan to an equipment rental company, which will use the loan to fund new equipment purchases. read more

Global Financial & Leasing Services Implements Leasepath Platform

Leasepath deployed its Finance Origination (LOS) and Customer Engagement (CRM) platform with Global Financial & Leasing Services, a provider of equipment financing for small and medium-sized businesses. read more

North Mill Equipment Finance Achieves Company Record for Originations in Q2/21

North Mill Equipment Finance reported that its originations for Q2/21 exceeded a company record-breaking $120 million. The company also set a new record for June, as originations closed at just under $26 million, marking the best month in the company’s history. read more

Gibbons of QuickFi to Lead Master Talk on Agile Learning for STRIPES Leadership Program

Industry leader Nate Gibbons, chief operating officer at QuickFi, will lead a Master Talk on Agile Learning — The Shortcut to Leadership Development for STRIPES Leadership Program, the professional and personal leadership development program designed to challenge and inspire best-in-class leaders within the equipment finance industry in partnership with the Monitor. read more

Blackbird Capital II LLC Closes $745MM Aircraft Secured Notes to Refinance Debt

Blackbird Capital II Aircraft Lease Limited and Blackbird Capital II Aircraft Lease US LLC closed a $745 million fixed rate notes offering, which consists of $630 million of 2.443% Series A fixed rate notes and $115 million of 3.446% Series B fixed rate notes. read more

Overall New Bankruptcy Filings Flat in June Despite 11% Increase in Commercial Filings

According to Epiq, new bankruptcy filings in June were flat, with 34,248 filings across all chapters, marking a 1% drop from the May count of 34,767. However, commercial filings across all chapters were up 11% in June, with a total of 1,981 new filings compared with 1,791 in May. read more

NACM’s June Credit Managers’ Index Loses Some Ground

The National Association of Credit Management’s Credit Manager’s Index for June continued to lose some ground, with a total combined score of 57.5, which was down 2.3 points compared with May’s CMI and 3.1 points lower than April’s CMI. read more

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