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

First Citizens Bank's middle market banking business provided $16 million in financing to Raymour & Flanigan for the purchase of an existing furniture showroom in White Plains, NY. read more

JAN 4, 2024 - 6:42 am

Monitor is accepting nominations for the “best of the best” individuals and teams in equipment finance, which will be awarded at the National Constitution Center in Philadelphia on May 16 as part of Converge 2024’s closing event. Nominations will close for all categories on Jan. 26. read more

JAN 3, 2024 - 6:46 am

According to the Equipment Leasing & Finance Foundation’s 2024 Equipment Leasing & Finance Industry Snapshot, the U.S. economy will grow by 1.7% in 2024 while equipment and software investment is expected to grow at a 2.2% pace. read more

JAN 3, 2024 - 6:44 am

Independent commercial equipment finance company Commercial Credit Group launched a branded fuel card, which will be offered through a partnership with TransConnect Services, a provider of transportation services, including fuel cards. read more

JAN 3, 2024 - 6:41 am

CDB Aviation, a wholly-owned Irish subsidiary of China Development Bank Financial Leasing, signed a lease agreement for two used Airbus A330-300 widebody aircraft with Thai Airways, the national airline of Thailand. read more

JAN 3, 2024 - 6:32 am

CNH Industrial completed the voluntary delisting of its shares from Euronext Milan. Shares of CNH Industrial are now solely listed on the New York Stock Exchange. read more

JAN 2, 2024 - 6:49 am

Biopharmaceutical company Verona Pharma entered into a debt financing facility providing the company with access to up to $400 million from funds managed by Oxford Finance and Hercules Capital. read more

JAN 2, 2024 - 6:44 am