Industry

Triton Prices $600MM of Senior Secured Notes

Triton Container International Limited, a subsidiary of Triton International, priced an offering of $600 million aggregate principal amount of 2.05% senior secured notes due 2026 at an offering price of 99.896% of the principal amount thereof. read more

Leasepath Deploys LOS and CRM Platforms with PMD Business Finance

Leasepath deployed its Finance Origination (LOS) and Customer Engagement (CRM) platform with PMD Business Finance, an asset finance broker based in the United Kingdom. read more

North Mill March Volume Hits $24MM, Marking All-Time High

North Mill Equipment Finance reached an all-time high in monthly loan and lease originations in March. Funded volume surged to more than $24 million, a growth rate of 53% from last March and an increase of 22% from the company’s previous high-water mark last December. read more

CrestMount Advisors Represents Peoples Bank in North Star Leasing Purchase

CrestMount Advisors represented Marietta, OH-based Peoples Bank in its purchase of Burlington, VT-based North Star Leasing Company. read more

Digital Innovation Group and Government Blockchain Association Form Working Group

The Digital Innovation Group and the Government Blockchain Association formed the GBA Aviation & Aerospace Working Group, which will explore the use of blockchain in aerospace and aviation. read more

Delta Management Group Launches Kids Against Hunger Campaign

Delta Management Group announced a new partnership with Kids Against Hunger, a nonprofit group headquartered in Omaha, NE committed to reducing the number of hungry children in the U.S. and feeding starving children around the world. read more

Crestmark Equipment Finance Delivers More Than $7MM in Lease Transactions in H1/March

Crestmark Equipment Finance provided $7,543,149 in four new lease transactions and Crestmark Vendor Finance provided $4,928,905 in 55 new lease transactions in the first half of March. read more

CDB Aviation Executes 61 News Leases, 29 New Aircraft Acquisitions in 2020

CDB Aviation, a wholly-owned Irish subsidiary of China Development Bank Financial Leasing, reported that 2020 marked a period of robust business activity for the company despite a difficult market for the aircraft leasing industry. read more

White Oak Healthcare Finance Closes Financing to Support Acquisition of ViaQuest

White Oak Healthcare Finance acted as sole lender and administrative agent on the funding of a senior credit facility for ViaQuest Holdings and affiliates to support the company’s acquisition by Council Capital, a Nashville, TN-based private equity fund. read more

Onset Financial Breaks Company Record, Funds More Than $125MM in Leases in Q1

Onset Financial broke another company record, funding more than $125 million in leases in Q1/21, surpassing the total annual funding of 2018 in fewer than 90 days. read more

Northteq Partners with Syndifi to Enable Syndication with Salesforce

Northteq, a software solutions provider for the commercial lending and equipment finance industries, entered a partnership with syndication software provider Syndifi. Northteq will enable Syndifi’s online syndication platform to integrate with Salesforce.com. read more

AeroCentury Files Chapter 11 Bankruptcy

AeroCentury and certain of its subsidiaries commenced a voluntary case under Chapter 11 of the United States Bankruptcy Code. AeroCentury also entered into a stalking horse agreement with its sole secured lender, Drake Asset Management. read more

Bank Lending Has Increased by 9% in the U.S. During COVID-19 Pandemic

According to a study from UHY International, a global network of independent accounting and consulting firms, the U.S. has increased bank lending by 9% since the start of the COVID-19 pandemic. read more

TimePayment’s VanBuren and Damm Join FEDA’s Industry Tech Committee

TimePayment became an associate member of the Foodservice Equipment Distributors Association. As a part of this membership, Sandra VanBuren and Cory Damm joined the FEDA’s industry technology committee. read more

Beacon Funding Launches Blog to Provide Resources About Equipment Financing

Beacon Funding launched a fully redesigned blog on its company website. The new section on the company’s website provides visitors access to articles and videos about equipment financing. read more

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