Industry

Mitsubishi HC Capital America Provides Supply Chain Financing to 954 Consultants

Mitsubishi HC Capital America partnered with IT networking, cloud and consulting services provider 954 Consultants to provide a supply chain financing solution to support the company’s expansion in the commercial and government sectors. read more

LTi Donates More Than $6.5K to Youth Emergency Services and Love Life Now Foundation

LTi Technology Solutions, a provider of lease and loan cloud technology for equipment and asset finance companies, donated more than $6,500 to Youth Emergency Services (YES) and the Love Life Now Foundation. read more

Bibby Financial Services Chooses Alfa to Boost Support for Clients and Colleagues

Bibby Financial Services, an international SME financier, selected asset finance technology provider Alfa’s preconfigured technology platform for asset finance, Alfa Start, in an effort to improve outcomes for clients and colleagues alike. read more

Fleet Advantage Honored as Most Innovative Company by World Finance Magazine

Fleet Advantage won the 2023 World Finance Innovation Award in the category of the ‘Most Innovative Company in the Transportation Industry from World Finance Magazine. read more

First Citizens Bank Arranges $345MM in Financing for DataBank

First Citizens Bank’s technology, media and telecommunications finance business served as lead arranger of $345 million in financing on behalf of DataBank for construction of a new hyperscale data center in the Atlanta area. read more

Transervice Logistics Earns 2023 Best Places to Work on Long Island Award

Long Island Business News awarded Transervice Logistics its 2023 Best Places to Work on Long Island Award. read more

Oxford Commercial Finance Provides $3.035MM Sale-Leaseback to Alternative Energy Developer

Oxford Commercial Finance provided a $3.035 million sale-leaseback transaction to an alternative energy developer for a public university based in Connecticut. The transaction was for a fuel cell that will provide clean energy to the university. read more

LCA Bank Corporation Rebrands as Milestone Bank

Milestone Bank, formerly LCA Bank Corporation, completed the final piece of its rebranding initiative by unveiling a refreshed website. In addition to its rebranding, Milestone Bank also announced an expansion into general commercial lending. read more

Bennington Financial Named One of Greater Toronto’s Top Employers

Bennington Financial, an organization in the brokered commercial vehicle and equipment leasing market in Canada and a wholly-owned subsidiary of Equitable Bank, was recognized as one of Greater Toronto’s Top Employers on Mediacorp Canada’s 2024 list. read more

Fleet Advantage Receives Award from Food Logistics and Supply & Demand Chain Executive

Fleet Advantage was recognized as a top five overall winner of Food Logistics and Supply & Demand Chain Executive’s 2023 top software and technology providers award for the 10th straight year. read more

CDB Aviation Enters Inaugural Sustainability-Linked Loan at $625MM

CDB Aviation, a wholly-owned Irish subsidiary of China Development Bank Financial Leasing, entered into an inaugural sustainability-linked loan anchored with a $625 million syndicated term loan facility. read more

First Citizens Supports Halifax Group’s Acquisition of Home Care Services Platform

First Citizens Bank’s healthcare finance business served as joint lead arranger and joint bookrunner on financing for The Halifax Group’s acquisition of the Worldwide Home Care division of Sodexo, a global home care services platform. read more

TopMark Funding Reports 8.6% YTD Increase in Funded Transactions, Hires Martin as Director of Accounting

TopMark Funding closed Q3/23 with a slight increase in funded transactions from the previous quarter and an 8.6% increase in year-to-date funded transactions compared with 2022. The company also recently hired George Martin as director of accounting. read more

Demand for Long-Haul Trucks and Trailers Remains Weak

According to Sandhills Global, inventory levels of used heavy-duty trucks and semitrailers continue to rise and are much higher than they were last year. Demand, however, has been lower due to turbulence in the freight sector, with reduced freight activity expected into 2024. read more

1st Equipment Finance Upgrades with Ivory Consulting’s SuperTRUMP Web

1st Equipment Finance, a subsidiary of FNCB Bank, selected Ivory Consulting Corporation’s SuperTRUMP Web platform to deliver bespoke financing solutions to its commercial clientele while empowering vendor partners to enhance profitability and win more business. read more

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com